REITs are funds that you can purchase shares of to build, buy or manage real estate holdings
Detroit, MI - REITs expert, Earl E. Bird, III, recently spoke at a meeting for small business owners. He shared the new online trading site, reitbuyer.com, where investors can research and invest in real estate mutual funds and REITs, real estate investment trusts.
"There are two kinds of REITs; property owning and mortgage," said Earl. "The most popular REITs fit into the property owning category. These REITs use their funds to purchase income-producing properties; the profit from the income is passed onto shareholders as dividends. Many are focused on commercial real estate, like strip malls and office buildings. Others are focused on residential real estate, condominiums and apartment complexes. There are even REITs that focus on industrial investments, like warehouses."
Earl went on to explain the second type of REITs, mortgage REITs. "This type is more on the backside of things. Their funds go into purchasing mortgages and mortgage securities to make a profit on the interest earned. Some REITs are a combination of both styles."
Earl showed the participants how the REITbuyer.com site is a great resource for researching and learning about REITs. The site features a news feed where investors can read the latest financial news related to the REITs market.
Earl concluded his lecture, "For the most part, REITs are a smart investment; they generally see a return of 6 - 10 percent. The REITbuyer.com is a complete online broker for buying, selling and trading REITs investments.
REITbuyer.com is an online brokerage information site specializing In REITs and Real Estate Mutual Funds - The World's first and only site dedicated to REITs Real Estate Mutual Funds. This is a place for the small investor to own a piece of world class real estate. The above press release is not the opinion of SaveDaily. Any advice given is option of writer. Savedaily is not endorsing this press release. http://www.reitbuyer.com/ is not broker or dealer. All investments are risky by nature and professional advice should be sought.