Real Estate Investment With Less Risk
“The buy-and-hold investor is leaving, and the flipper is in right now.” Flipper Jonathan Zadok still sees upside in the suburbs despite the lack of foreclosures. Zadok quit his job as an equity trader three years ago and plunged into the business of buying, renovating and reselling foreclosed homes in the Inland Empire. With the foreclosed bargains nearly gone, Zadok has started shopping in more established neighborhoods and buying more expensive homes, which carry more risk but add profit potential. For now the work is exciting and interesting enough for Zadok to keep at it, he said. “I love it, it’s nonstop,” he said.
For the original version including any supplementary images or video, visit http://www.latimes.com/business/la-fi-housing-investors-20130913,0,7250486.story
REITs are simply companies in the business of buying and managing real estate, often apartment complexes but also commercial properties such as malls and healthcare facilities. The advantages of a great site owning a REIT are numerous, not the least of which is an attractive income stream . Another such fund is the SPDR Dow JonesInternational Real Estate (RWX), which, as it sounds, is a similar vehicle which owns foreign properties. It might seem risky to buy Asian office buildings, and for most retail investors it would be.
For the original version including any supplementary images or video, visit http://www.forbes.com/sites/mitchelltuchman/2013/08/16/real-estate-investment-with-less-risk/