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Which stock would you out 10k into and look to sell out in 2 years?
What are your thoughts on concentrating your positions?
If you could only own three REITs, which would they be?
Vici Properties Q4 results beat estimates as revenue climbs on acquisitions (NYSE:VICI)
inflation safe capital appreciation and continued dividend growth REIT says Vegas is lights out
Question about Options : VICI 20Aug21 100
A Literally Retarded Crayon Eater's Guide to Vegas- $VICI ROMAN CONQUEST EDITION
What if boomer play but with gambling and booze? An Autists guide to $VICI
VICI DD: Need someone more informed to take a look
Can anyone help validate a young retards' idea? (VICI 84% institutional ownership)
Mentions
Healthcare in general. Some REITs like VICI. Uber and Sofi are still decently priced. Some space stocks are way down.
If you’re going LEAPS I’d get into $SLV and $GLD. Looks like we are headed for a correction at the least, and possibly a 🐻 market next year. 3 years of a bull market and AI stocks with no earnings reaching astronomical valuations. Also high safe dividend stocks like $HST, $VICI and $EPD are a good way to park money as well!
"If you re hoping to actually make money" bruv the only way anyone can reliably make money with casino is buying VICI properties.
You OWN the casino if you buy VICI thou
I been looking at multiple REIT sectors these include ARE, AMT, O, EQIX, and VICI which you mentioned.
VICI is a good defensive REIT (Vegas properties) if you just want around 10% a year. It doesn't dip much though. I bought in at 28 and sold at 34 which with the 5.8% dividend did pretty well in my Roth IRA.
I don't do dividends directly, but these are ones I have. F SWBI TSCO VICI
VICI - owns the properties on the Vegas strip and has less risk than the casino companies themselves
As an investor I see a better risk-reward in UNH than many of the other healthcare companies. Just like I don't generally like REITs but I still picked up undervalued VICI that went up 18+% YTD total return.
I have an over 800% returns with Rolls Royce (RYCEY) in the last 5 years. They build jet engines, nuclear reactors, and a few other things that escape me. They can quite literally fly under the radar in military aircraft lol. They just reintroduced a dividend as well which is nice to have. Otherwise my favorite passive income stock is VICI. They are the arm of MGM that owns the land the resorts and casinos sit on so they get paid regardless of how well or poorly the business on them is doing. They halved during the pandemic buy bounced back (doubled my investment) and give a relatively large dividend of 5.26%. They are also relatively affordable to buy as a stock at under $32 a share.
My portfolio consists of SPY. BROs. VICI. XLV. and TTWO I’m a long term investor and I am just looking for advice i guess
Here mine, first time posting here any advice is welcome ! I’m 26y allocating almost 150-200$ per month ( long term ) | Instrument | Cost Basis | Market Value | Unrealized P&L | |:-----------|-----------:|--------------:|----------------:| | SPGI | 1505.00 | 1762.00 | 256.74 | | ULTA | 1454.00 | 1739.00 | 285.14 | | GOOGL | 1504.00 | 1511.00 | 6.85 | | AMZN | 1074.00 | 1312.00 | 237.76 | | VICI | 919.17 | 982.17 | 63.00 | | BKNG | 751.48 | 900.02 | 148.54 | | CMG | 513.25 | 589.87 | 76.62 | | AMD | 601.99 | 515.71 | -86.28 | | NVDA | 351.00 | 375.98 | 24.98 | | MA | 251.22 | 290.81 | 39.59 |
Listen to me if you want to make money: Buy REITS they are extremely undervalued and have dividends dates soon COLD DOC OWL VICI DLR
Only buy VICI under $29, ideally under $28. It’s done well enough for me.
Like most things in life, it depends :D Everybody's favorite ETF is SCHD. their yield is tame at 3.94%, but their total return is a whole lot better. You get a steady income and do not forego growth. On energy I have HESM, sporting a 7.31% yield. Midstream energy companies can suffer during recessions but the long term demand for all sorts of energy is strong. One I have a ton of faith on is VICI, 5.39% yield,. It is a Real Estate Investment Trust that specializes in casinos. As a matter of fact they are probably the only REIT that collected 100% rents during Covid. Who would have thought casinos had so much money... They are expanding their market (number of properties under management) so there is room for capital growth. O is another solid REIT that has been paying and raising dividends for 27 years straight (5.73%). That includes both the dot-com and the housing crisis. The BDC sector is heading towards turbulence with both high interest and maybe a recession, but their high yields are worth the risk. I own MAIN, CSWC, and HTGC. I got out of CUBE (storage units REIT) but their 4.76% yield is solid. GUT is a closed end fund meant to generate income. They have pretty much 0 growth since inception 25 years ago, but they have been paying north of 10% yield for those 25 years. Their NAV premium has always been ugly but they have always delivered. Honestly I expect a 20% yield cut anytime and that would still have them yielding 9.4%, which would not be the worst thing in the world. I have others but that should give you some stuff to research.
My relatively safe portfolio compared to yall: * VTSAX - 52% * SWPPX - 25% * QQQ - 8% * SCHD - 4% * VUG - 4% * GOOD - 2.5% * SSSS - 2% * VICI - 1.5% * O - 1% The bad eggs have been GOOD, SSSS and O. That's why they're such a low percentage, I stopped contributing to them but still holding them.
only reits i would hold in a roth IRA are EQIX and VICI. Bonus i would add MO but its not a reit. however, im not investing in any of this since im on the younger side and doing ultra growth with 1 covered call strat on NVDA.
The underlying REIT will probably still be ok for awhile because rents are baked in. I made a lot of money on VICI (and MGP which got acquired by VICI) during the COVID recovery. Don't hold it anymore got out before the regime change. Also be aware that the concierge service has been dying for quite a while because guest just don't need it anymore.
“Tourism is way up.” -mango, 4/29/25 Good thing he let us know. I’m balls deep in CZR, and VICI puts.
Tourism is big fuk. Short VICI, WYNN, and CZR
I think VICI is pretty solid, but there is still potential of a big drawdown in a recession if long term yields/mortgage rates spike. Not sure how much that actually affects VICI's fundamentals in the long term, but you might be holding for a while.
This is hilarious, I just bought puts (albeit long-dated) on VICI just today. Why? - America's International tourism is down. People all around the world don't appreciate the attempted tariff shakedown that just happened and aren't visiting the US for good reason. Plus nobody wants to visit for the chance at an all-inclusive paid trip to El Salvador (prison). - China tariffs are about to wreck discretionary spending when almost everything is about to get very expensive so nobody is gonna be visiting those those casinos that VICI owns. - With 🥭 at the helm, I think there's a pretty good chance we get driven into a recession or worse. Sure sole folks might go to a casino during recession, but if you look at examples like CZR and MGM around 2008, it would suggest most people do not in fact gamble during bad times.
I like VICI under $30. Solid value play with good divis.
VICI is my favorite REIT as well. If you are going long term, like at least 3-5 years out, I think longs will make a killing. It’s a really nice piece for a diversified portfolio imo.
I have VICI, because casinos generally do well during a recession
It Is really weird for you to ask about VICI here, I would think it is the complete opposite of what WSB stands for. It was probably the only REIT that collected 100% of the rents in their portfolio during covid. That's how resilient that segment of The estate market is. They also have solid plans for long term expansion, and a world with plenty of opportunities. When all else fails, you can count on that income stream. I'm nearing retirement (God willing under 5 years). My current yield on invested is just shy of 6%. That is not bad for an income stream as secure as it is. Not exciting but reliable.
Look into VICI. Thank me later.
VICI going crazy today. I wanted to buy more but I'll wait for it to drop
VICI, FWONA, UNIT still decently up for me, VEU still up a bit, rest is red.
Like you, in my 50s now. We both need to have some growth in our portfolios. Odds are good that we live into our 80s and perhaps 90. We have to plan for that long a lifespan. There are balanced mutual funds and ETFs that carry stocks and bonds, Have you looked at those as an option? Vanguard has some target date ETFs that do the same. We can choose which target date ETF we want. Something like VTTHX has a 2/3 to 1/3 stock to bond mix. VTTVX is about 50-50, stocks to bonds. The drawback with target date ETFs are how often they pay dividends and capital gains: once a year in December. If looking for more frequent income, you'll need other sources. Both the two mentioned are considered by Morningstar to have moderate risk. Treasury bonds and bills are always an option and are ultra safe. They will have issues if/when rates go down. SGOV, a popular ETF, paid very, very little when interest rates were 2% or less. That's not a concern for 2025, but will if the US enters a recession and/or the Fed is forced to cut rates. I'm more or less sitting on my current mix of these ETFs: SCHD, DGRO, SPHD, VOO I have individual stocks to juice my dividend income like Realty Income, VICI, BNS and a few others. Most are pretty blue chip with a history of returns. I hold some bonds via ETFs and muni bonds too. That mix is slowly changing to have more bonds and income generators, but not radically so.
> VICI looking into this one. thanks. i was big on the dividend "aristocrats" and similar some years ago but it turned into too many positions to manage
First and foremost, quality. Companies that are making money now and projected to keep on making money into the future. Add to that a commitment to pay dividends. Nothing talk louder than money, and a company that has been paying and growing dividends every year for at least 10 years is worthy of consideration. 10+ years is usually the point where the company gets dividend paying as part of their corporate identity, and they start managing their payouts so they are sustainable not only on good times but also on bad times as well. I'm watching VICI (casino REIT) to see if their price dips enough for the yield to grow to 6%. It may not sound like much but as a revenue stream from a company that grows their dividend every year, it would beat the 4% retirement withdrawal rate by 50%. VICI was the only real estate company that collected 100% of their rents during Covid. It takes a Trump to bankrupt a casino (which he did by the way).
I have done well holding VICI in my Roth. It's a REIT that holds 30 year Vegas property leases. High dividend and low draw down. I expect it to return 10+% a year even if we go into a recession.
I like VICI which invests in leases to big casinos. I don’t like REITs that rip off poor tenants. Unless there’s another lockdown pandemic, casinos/entertainment venues should still do fine.
18 years old. Bought VOO at 537 and QQQM at 209. Is there any point in selling and realizing my losses but then buying them at this point right now? Also, I purchased some individual stocks today before the after-market crash: MSFT at 382 and it’s now 371 (2 shares) AMZN at 195 and now 184 (4 shares) WMT at 88 and now 83 (3 shares) NVO at 68 now 66 (9 shares) VICI at 32 now basically 32 (6 shares) I’m willing to keep all of the stocks decades to come, but is there any point in realizing some of my losses, especially on the individual stocks in order to profit more in the future or should I just wait it out and do nothing? I don’t have any more to add into the market until I get a job, so holding or selling is my only option. Maybe just selling the individual and reinvesting those is smarter because i’m not sure if the ETFs will actually give me much gain after accounting for the losses. But, the individual ones might. Mainly looking for reassurance on holding or advice if I should actually sell. Thank you!
[VICI Properties](https://en.wikipedia.org/wiki/Vici_Properties)
Nah, mine just grazed the low 6%s, now it’s closer to high 5s. VICI is the ticker. Owns like 1/2 of the Vegas strip casino properties, 100% rent collection even during covid, tenant pays for taxes,insurance, and maintenance on the properties, as well as inflation adjusted rent. 97% institutionally owned. Solid play, but fuck it’s like watching paint dry as a stock. Just meanders about.
I moved my roth into REITs. Check out VICI. It's a recession proof REIT that leases to casinos. Can expect up to 10% a year with little risk. I'd take that over owning physical real estate myself.
I'm moving to holding my money in VICI, a bullet proof REIT. Holds casino properties with 30 year leases. Even in recessions their money is stable. 5.47% dividend, easy hold in my Roth IRA.
REITs are good for getting real estate exposure without the headaches of renters, repairs,flipping houses etc..Look into $O or $VICI, which owns property in Las Vegas.
>Just own better stocks idk what else to say lol. Lol. Ok, I'll dump this stupid Google and Amazon and pick me up some...VICI and RTX.
Buying a small amount (,1-4% of portfolio) of REITS has done well for me. You could look at O, ADC, WPC, CCI, AMT, VICI, KIM, FRT, GTY, DOC, and many others, most are 4-6% yield, so great for making some income.
VICI is up 2% and AES up nearly 4.5%.
I don’t think you’re going to find stability in oil and gas.. i could be wrong. I guess if I had to pick and oil and gas company it would be Chevron (CVX) I recently bought a railroad company (CNI) and a REIT (VICI).
All companies will take a “hit” during an economic downturn. That’s just how markets work, people get fearful and they sell. I don’t think a particular company is going to surge on recession news haha. BUT, after the dust settles, there will be a large number of companies that you can buy. If you want to hedge against a recession, buy treasury bills or even well managed REITs. They are offering great yield atm. IMO, I could see VICI holding up well. I also have moved some money into a railroad company CNI. I wouldn’t go into this thinking the stock you buy will outperform during an event like this.
My feelings aren't going to change the way things are. $VICI & $NOC are my two holdings I ethically disagree with the most. If they both completely go to zero my portfolio is not blown up & I'm still happy they went to zero.
MDT - Medtronic TSCO - Tractor Supply VICI - VICI Properties JNJ - Johnson & Johnson
VICI is one I like, for dividends
I'm would be concerned about hotels and resorts in the short term, hence the lower price. Could be a good value pick if the next few years goes ok. VICI is a solid REIT in this space
One option you can look into if you’re not looking for stocks right now. I use the Tellus App for my HYSA. Between 5.59% and 8% APY with interest paid daily — it’s not FDIC insured since it’s backed by real estate, so take that into consideration. I’d compare it to something like VICI real estate stock. If you sign up with my code, we’ll both get 10% APY for 5 days. This isn’t the greatest promotion ever, but the overall product is actually reasonably solid. So even if you don’t use the code, I think the concept is solid. Here’s my code: F6DBEB https://get.tellusapp.com/F6DBEB
Actually, I have not so maybe I shouldn’t be giving advice. I entered the market with 10k last year. I am doing well and adding to positions, learning as I go. I entered a small position 5% of portfolio and plan on building a large position overtime to develop alternative income streams. VICI has long term leases with casinos and entertainment venues with a lot of room for growth. They have a 5.7% dividend yield, so aside from gains with growth, you also have that income
I like REIT’s with high dividend yield to provide a steady income stream. $VICI $CMTE $SELF
A few solid REITs like VICI will get you almost 6%, protection against inflation and a little growth too. 6% bonds are way riskier in my opinion
I like VICI more. But WYNN seems more volatile and might have more potential for swing trading.
VICI is a safe bet if you want a stable REIT. Casinos and Vegas properties that do well even in recessions.
My personal opinion: ditch AVUV and IBIT. Don't confuse aggressive with fashionable and popular. Your 15 picks (mostly tech), and the sectoral preference to banks and chips, means you're ignoring unpopular themes like energy, staples and real estate. Agreed that with index you get a bit of all that, but 2025 could just be the year of rotation, and what's unpopular now may be the next winners. Add some REITs like O, VICI, American Tower etc.
Ford has been garbage for quite some time. There are solid ETF and dividend companies worth owning. Energy and utilities are doing great and expected to have strong demand. Business Developing Companies (venture capital firms run like a REIT) are churning pretty awesome results. Both Pfizer and UPS went through some rough terrain but their earnings inspire plenty of confidence that the dividends are safe, which means that they are pretty cheap considering the revenue stream you get. Real estate is doing awesome, specially firms that are best in their fields, Like O (commercial space), Arbor (multi family housing), IIPR (pot growing facilities), and VICI (casinos), to name a few. Like with any other form of investment it is a matter of doing a lot of homework.
its what I want to do as well. bonds are a joke. and if you are just a little short, a small position in a covered call ETF isn't bad. especially if you choose one that doesn't hurt your principal over time. don't let anyone beat you up, dividends are not bad. they are important to all total returns. People get caught up in hugh Growth sticks. diversification is ok. also check out Reits. check out VICI and ADC. I keep a small position in both so I can follow it and see how things go.
I don't disagree on its pitifully low P/E but why not have your strategy on something that has positive sentiment like VICI? Hell, even F looks like a better bet than WBA.
Hi Apologies in advance for the very noob question. Any advice much appreciated. Mid 30s, living in Czech Republic. My work is currently paying a lot but the situation has, I believe, a very limited shelf life (AI has me spooked). As such I'm looking to build up a decent dividend income (using eToro). I've read a lot of warnings about the above ETFs, I just need a little help understanding the precise risks. It seems most of the warnings are based on the lack of growth. But if I'm looking very long term, not planning to sell, and only focused on steady income, why is this an issue? The three combined make up around 25% of my portfolio at present but I was planning to increase (the rest being spread quite widely around dividend-paying banks & finance co's, REITs and such like O, REFI, ARR, VICI, pharmaceuticals like PFE, BMY, utilities like ET, NG.L, and many more). Again, sorry for the noob question. I am indeed a yield-chasing amateur. Greatly appreciate any explanation of the dividend ETFs' risks Many thanks
Yes agreed. They bought up the land when Ceasers was trying to restructure. VICI also have a call option on Centaur until year end (Czr owned), however I don’t think they end up calling it at the 7.7% cap rate (13x multiple).
$VICI owns Caesars Palace, Venetian, MGM Grand and others. Also check out $GLPI
I’d agree with the others, it’s really depends on your income and lifestyle. - If you think you’ll need the money within five years it probably shouldn’t be in stocks. - If your saving is putting a crimp in your current wellbeing or your relationships, maybe it’s too much. - If you have debt with a rate above about 5% it’s usually better to pay the debt down than to invest (key exception: funds that get matched by your employer, assuming you’ll stay long enough for it to vest. Hard to beat an immediate 50-100% return.) Otherwise go for it; the more you can save now the more resilient you’ll be if something happens down the road. Side note, if you want to invest in real estate indirectly you could buy into a real estate investment trust (REIT). Personally I’d prefer that to picking a property myself, doing the maintenance, and so forth. It’s also a way to get into segments other than homes. VICI owns casinos and bowling alleys, EQIX owns data centers, MPW owns hospital buildings, and so forth. (Not recommendations, just examples.)
consider Real estate syndications, they could give you significantly better returns than equity Real estate investment trusts, and give you a lot of tax benefits due to depreciation offsetting your income. My average annual return on syndications has been around 13% per year higher than the SP500 returns over the past 30 years, so 24% vrs 11%, It is also passive compared with actively owning and managing your own real estate, but it is not without significant time spent doing due diligence on each project to determine whether it is firstly a safe and then secondly a profitable investment. if interested check out BiggerPockets and passive pockets for more info and particular investments and read the book, Investing in Real Estate Private Equity: An Insider’s Guide to Real Estate Partnerships, Funds, Joint Ventures & Crowdfunding Paperback – May 18, 2018 by [Sean Cook](https://www.amazon.com/Sean-Cook/e/B087D5LZCP/ref=dp_byline_cont_book_1) (Author) equity REITs are not bad either, They have returned 3-4% more than sp500 over the last 20/30/50 yr periods, (NAREIT study 1974-2021) and you can buy an ETF basket like VNQ or IRET to be quite passive, or research and study individual REITS like O, PLD, REXR, ADC, VICI, BSRT, DLR to get exposure to different asset classes within real estate. good luck :)
I guess the issue in my mind is valuation for FLUT/DKNG, both are at least 30 fwd pe, sub < 1% fcf yields. MGM 11 fwd pe, 12% fcf yield... so its certainly the contrarian hated play here. VICI is interesting too, odd turn of events that MGM did that but with their existing debt load I guess it makes sense
Yea. I was thinking FLUT or DKNG was a better buy. FLUT has better international exposure. DKNG is the better pure play in US. A less upside option is owning VICI a REIT that controls the real estate of a lot of MGM properties. Hopefully the MGM trade works out.
VICI beat earnings and dividend is still solid AF. I'll take it 💯
VICI earnings today 🙏💯 keep them dividends coming and their profit margin is stellar.
Anyone got any stake in VICI? earnings are Thursday AH so not sure if anyone else is invested with them with a pretty decent dividend and proft margins.
Brother. I pray you find this comment of mine. I would suggest you do research and find stocks you like that are complete staples. Like, WM, WMT, V, VICI, MSFT, CAT, NVO, LLY. Trust your gut. I know that you know that you want to go the stock route. And you will make better returns that SP500
VICI trades in a pretty tight band plus you’d have to pay its hefty dividend during the time you went short. Definitely not a great short idea.
Not bad, a lot of companies I wouldn’t seek out individual holdings in but that said I love VICI and BABA is a great play if you can stomach the volatility and tune out the noise.
I mean you say that, but did you look at the numbers? I plugged everything into testfol.io and swapped some of your newer tickers for equivalent Vanguard ones (like AVUV for VTV and VICI for VNQ, etc) and from the inception of VT(2008) the target date fund returned 6.21% annually and your (somewhat wild) portfolio returned 6.96%. I think the ease of having it self-regulate and it literally being a one-stop-shop makes it very attractive and then you never really have to second guess since it buys all the stocks and over 10K bonds, very diverse! Normally around here we just say VOO and chill, but target date funds were made for people going into retirement so that it becomes more conservative (capital preservation) over time.
Until cannabis is federally legal I’m out, way too many what ifs. Just bet on Vegas and go with $VICI if you want a REIT that deals with addiction.
70 % VTI 20% BND 10% VICI Set and forget Reinvest Dividends Made me a Millionaire.
Buying more VICI calls tomorrow. So far up about 30k on my 9/20 expirations and gonna load up on 37.5c for Jan. 2025.
No, that one is a ghetto mortgage REIT, stay away from those. Realty Income or STAG Industrial if you like monthly dividend payments, VICI, Prologis etc. Or just buy an ETF if you don't want to stock pick.
No more time than you would have to spend on a dividend stock.. Real estate investment trusts are fairly simple businesses. Think of owning a beach house and renting it out. They are no More complicated than that. They own Commercial real estate principally or other assets like data centers or Residential and those properties have a value or net asset value or book value. They collect rents, pay their borrowing costs and expenses, and the difference is the profit which is distributed at least 90% of taxable income per year to the shareholders. via a fairly large dividend. They provide huge tax benefits. They're fairly simple to evaluate and understand and per multiple European studies and American studies. Their long term performance is two to 3% higher than the S and P 500. Now obviously nothing has beaten the S and P 500 since March of 2009 when it's been zero interest rates and everyone piling into tech stocks to the moon. But this won't last forever. Everything always reverts to the mean. I like Rexford industrial, REXR, and VICI properties, and ADC a shopping center REIT, they all have good growth at a reasonable price, and unlike TECH stocks they own buildings not ephemeral patents that can be incinerated overnight, Think Blackberry, Yahoo search, etc
Of course this is no financial advice: **BUY** Tech: Microsoft, Apple, Consumables: Nestle, Coca Cola, Pepsi Co, Danone and Mac Donalds Luxury: LVMH, Richemont and maybe Kering Cars: Porsche Holding and maybe Tesla if you beleave that Elon still got his Mojo Insurance: Munich RE (Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft) REITS: VICI, Realty Income Shipping: Star Bulk Carriers In general buy what you know and see in your every day life and of those such companies which have high ROI as well as high Margins and strong brands or products without competition (this does not count for REITS and Shipping since those are cyclical stocks) **AND FUCK ETFs** (since only people who have no idear what they are doing and are not interested into the stock market at all should be buying ETFs.... In other words: Adults cook their own meal with knifes and fire, while children get their meals cooked for them. Same as intelligent investors pick their own stocks, while Homer Simpson gets other people to build a bundle of stocks in an ETF for him which they than charge him his money of and if the ETF performs bad its of course Homer Simpsons fault...)
I read it in an article actually about NVIDIA and the top 5 profit margin stocks and VICI was actually number 1 while Nvidia was number 4. Plus, the stock has a good dividend. So im going to definitely take some of the profits and buy the stock outright but I expect with the rate cuts coming....this typical REIT should do pretty good.
I love VICI They are collecting 100% of rent and have inflation protection built into their existing long term leases (rent increases are based in part on CPI) The Las Vegas strip is not B properties.
I was speaking in generalities. It’s very possible VICI is big enough to negotiate very favorable terms for themselves. I don’t know about their specific debt structure. But as far as commercial debt not usually being fixed throughout the term in the US, that is absolutely true. Especially on the small business side of the economy.
That is not correct. They can and do lock in long term fixed rate debt. VICI, for example has almost all fixed rate debt with maturities going all the way out to 2054
Rate cuts can help REITs in a few ways: 1. The companies can refinance their debt more cheaply. You need to look at the annual reports of the individual REITs to see how much of an effect this would have. VICI happens to already have most of their debt locked in for a long time at low rates, so it wouldn't be a big deal for them. 2. REITs are often used as 'bond replacements' for investors looking for a stream of income. This means that the future stream of expected dividends from the REITs will be considered more valuable as rates decrease, so investors will tend to bid the REIT prices up as they are willing to accept a lower current dividend rate. 3. Lower interest rates tend to increase real estate values in general, as buyers can borrow money more cheaply to buy properties. This could allow REITs to opportunistically sell properties at a profit, possibly buying back stock and boosting their distribution rates.
Thats because it was formed out of bankruptcy. They got cherry picked properties. REITs almost always look great when formed. Thats not news. And no, they wont always be able to collect on bad business. A sinking casino with no prospect toward profit, will simply stop paying rent and given how specialized and big these businesses are, bankruptcy will take years and odds are no one will step in to buy them prior. VICI was birthed from the carcass of a dead business. But you think they are immune to the same thing? They are not. They are trying to diversify but in general, they are still heavily specialized. Look at all the REITs struggling today and you will see a similar story to VICI. This is an inherent problem with REITs. Further, from an investment standpoint, notice that what you just said in your last paragraph is essentially "buy at the top"...