What are Real Estate
Investment Trusts? ®
By MOSES FOSTER, President
Achieve Black Wealth, L.L.C.
Blacks have historically favored investing in real estate
as opposed to the stock market…
Over the past few years we’ve seen a significant
rise in the value of real estate. Yet many people with
a little money in their pocket still haven’t capitalized
on the market.
If you’re one of them, and there reason why you
haven’t jumped in is that you don’t have
the time or interest in the maintenance and upkeep of
a property, then a Real Estate Investment Trust might
be right for you.
Here’s how they work:
1) A Real Estate Investment Trust takes
some of the hassle out of real estate ownership –
they buy and sell commercial properties like apartments,
office buildings, and shopping malls – you won’t
have to maintain the property!
2) A Board of Directors makes the investment decisions
-- Like other publicly traded companies, a trust’s
directors are elected by, and responsible to, the shareholders
3) Could be a good investment even if you own a home
– between 1976 and 2003 homes appreciated about
5.8 percent, while REIT’s return was about 6.5%
And best of all? You won’t have to weed eat,
cut the grass, paint the house, or buy furniture!
For more information on achieving black wealth in America,
order the You Can Achieve Black Wealth CD at www.achieveblackwealth.com/cd.html.
And remember: black wealth is our right, it’s
our obligation, and it’s the key to our future.
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