Author: Michael Foster, Contrarian Outlook

Here are three real estate stocks that are much better than buying rental property of your own. Why? Because this trio pays a 9.3% dividend (on average), takes zero work, and gets you way more diversification than your typical basement apartment, semi-detached or “box in the sky” condo ever could.

A payout like that gives you the ultimate retirement “safety net” — letting you clock out on dividends alone — without having to touch your principal in retirement.

One in particular should be on your short list now.

Real estate investment trusts (REITs) sound boring, but the truth is they’re the hottest investments out there. And today I’m going to give you two great ways to buy in.

They’ve returned 17%+ annualized returns over the last decade and offer monster dividend yields of 6.7% to 10.5%.