Considering that vast amounts of money is involved, advisors should be aware that crime and real estate often go hand-in-hand. Even with proper due diligence, investors may face substantial risk. The recent murder of a multifamily real estate...
Real estate ranked as one of the worst-performing categories of 2013. In a year when the S&P 500 returned 32 percent, real estate funds gained 1.6 percent, according to Morningstar. Rising interest rates have contributed to the weak showing. Real...
Whereas investors in REITs must give up control over the particular properties their money goes into, direct investors can form “mini-REITs” of their own composition.
“I think the most common mistake is when a high-net-worth individual thinks that this is an easy business. People don’t surround themselves with professionals who know the business; they try to do it themselves.”
"I had a cup of coffee with Nick (Schorsch) at his home about a month ago, and he looked at me and said, ‘I think you can save me six hours a week.’ For a guy like Nick, that’s meaningful."
