true for real estate investors. I just learned about this and have spoken with
many experts on the subject. The best way to describe it is that it is
like using the money from the sale of a home to buy into a real estate mutual
fund. Actually, you are really buying an interest in an office building
that someone else will manage and run for you and the other owners. You are
an actual owner of the building and receive a deed. The company that manages
it pays you a return that is usually between 7 and 11% annually paid out
in monthly installments. The company buys buildings that are not fully rented
but that have great tenants like big companies or the US government, so the
risk is minimal. After they get the building fully occupied, usually 3
to 4 years, they sell the building for a profit and you make money on the sale
also. Then you can turn around and do a conventional 1031 exchange, or invest
in another building of this type. The company continually adds properties
to it's portfolio, so you can almost always be assured that something will
be available for you. There are also variations on the investment I just
explained.
I have a very good friend of mine who is
a financial advisor and can explain these investments in more detail. He
can also set these investments up for you. He also has many other investments
that can get you great returns and guarantee your principal. I never
realized how many good investments there are out there until I sat down and talked
with him. Give him a call, I can assure you that you will be glad you
did. Just click below to go to his website. |
