Posts tagged RealtyTrac
For those with excess money to invest, today, real estate can be a viable option. The market is currently not as volatile as it once was, and thus it is becoming more popular. Indeed, according to Jake Adger, a Forbes contributor and chief economist at RealtyTrac, as the recession takes a bad seat, real estate can be “a good addition to [one’s] investment portfolio. At the end of last year he pointed out that:
“Investors need to think about all aspects of real estate investment including rental income, expenses, home price appreciation, and taxes…Investors looking for rental income will look for high rental yields now and in the future.”
Steven P. Rosenthal, President and CEO of Northland Investment Corporation, is responsible for the firm’s “strategic direction.” In terms of real estate investment the company seeks to “identify value creation opportunities….acquiring real estate assets diversified by markets, sectors and lines of business—and balancing the acquisition of high quality, lower risk assets with higher yielding, valued added assets and development opportunities.”
Real estate as an investment potential definitely has its benefits. CPA Mark J. Kohler is “convinced more entrepreneurs should consider rental real estate as an important part of their portfolio.” He lists five reasons why this is the case and then concludes: “The far majority of us will never get rich overnight. It takes long-term investing and a diverse portfolio to build true wealth. Don’t forget real estate as an important part of the equation.”
For those looking at possible options for investment, in a stable economy, real estate might be a good idea.