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Starting a real estate investment trust (REIT) can be a lucrative way to diversify your investment portfolio. To begin, research the types of REITs available, such as equity, mortgage, or hybrid, and decide which best aligns with your goals. Next, consult with legal and financial advisors to establish a proper legal structure and ensure compliance with SEC regulations. Develop a solid business plan, outlining your investment strategy and target properties. Finally, raise capital through private investors or public offerings and start acquiring income-generating properties to grow your REIT.

Starting a Credit Union involves several vital steps. First, gather a group of like-minded individuals who share a common bond, such as a workplace or community. Next, research your local regulations and requirements, as well as any necessary permits or licenses. Develop a comprehensive business plan that outlines your Credit Union's objectives, financial projections, and membership criteria. Finally, establish a board of directors and apply for a charter from the National Credit Union Administration (NCUA) to officially launch your Credit Union.