# The Complete Guide to Investing: Real Estate (Part 3) Page: https://stenobird.com/podcast/calm-money-coach-7769257/the-complete-guide-to-investing-real-estate-part-3 Text version: https://stenobird.com/podcast/calm-money-coach-7769257/the-complete-guide-to-investing-real-estate-part-3.md Podcast: [Calm Money Coach](https://stenobird.com/podcast/calm-money-coach-7769257) Published: 2026-03-06T20:23:00+00:00 Episode link: https://podcasters.spotify.com/pod/show/calm-money-coach/episodes/The-Complete-Guide-to-Investing-Real-Estate-Part-3-e3fre1b Audio file: https://anchor.fm/s/10ee7ecf8/podcast/play/116291051/https%3A%2F%2Fd3ctxlq1ktw2nl.cloudfront.net%2Fstaging%2F2026-2-2%2F419151063-44100-2-76c0c277baa5d.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/calm-money-coach-7769257/episodes/the-complete-guide-to-investing-real-estate-part-3 Duration seconds: 842 ## Resource Yale Endowment is one of the most successful institutional investors in history. Their target return on real estate? About 6% after fees. Why would the smartest money in the room accept that? Because that's what's realistic. In this episode, I break down real estate as an asset class: public REITs vs private real estate, the fee structure that eats your gains, which property types are winning (data centers, industrial, self-storage), which ones are dying (office), and the simplest way to get exposure without buying a duplex. Part 3 in the Complete Guide to Investing series. If you missed Part 1 (Equities) and Part 2 (Bonds), go back and listen to those first. Free calculators and guides: calmmoneycoach.com Follow Calm Money Coach on Instagram, Facebook, TikTok and YouTube. @calmmoneycoach is my handle everywhere. ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/calm-money-coach-7769257/episodes/the-complete-guide-to-investing-real-estate-part-3/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/calm-money-coach-7769257/the-complete-guide-to-investing-real-estate-part-3.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.