Invest Like Donald Trump in This Stock Yielding 8.1%

Donald Trump built his fortune through real estate investment and development. He inherited part of his father's real estate business and then expanded it through strategic real estate deals, hotel development and branding.

Trump has also dabbled in the entertainment industry, including his hit showThe Apprentice) and his new social media applications.Truth SocialThe application, which was recently made available through SPAC, is now available asTrump Media & Technology Group Corp. (NASDAQ resonance stock code: DJT) trading under the name .

Investing in real estate is not as easy as it used to be, especially with interest rates at high levels. However, investors can explore other ways to enter the real estate market, including investing in real estate investment trusts (REITs) or participating in real estate crowdfunding.

So how can you invest like Donald Trump? His investment portfolio is highly concentrated in two states - New York and Florida. Let's focus on New York because that's where he's better known.

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Heart for New York

Alexandria Corporation(NYSE:ALX), a real estate investment trust that leases, manages, develops and redevelops real estate in New York City, is a great way to reach the city where Donald Trump is beginning to build his portfolio. Alexandria's portfolio includes five properties in Greater New York City, including 731 Lexington Avenue, Regal Center and Alexandria Apartments.

Alexandria currently pays a quarterly dividend of $4.50 per share, and with an annual dividend yield of $18.00 per share, its stock yields about 8.1% as of this writing.

Notably, Alexandria has maintained an $18 annual dividend since 2018, making it a very reliable source of income that complements the potential price appreciation of its world-class assets.

Another Way to Invest Like Trump

You can also get into real estate like Donald Trump through real estate crowdfunding platforms like Arrived Homes backed by Bezos and Khosrowshahi or EquityMultiple backed by Marcus and Millichap.Through real estate crowdfunding platforms, you can connect with other investors and pool your money to buy real estate and gain passive real estate income.

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The article Invest Like Donald Trump in This Stock That Yields 8.1% originally appeared on Benzinga.com.

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