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Real Estate News Releases
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(EMAILWIRE.COM, September 10, 2010 ) Detroit, MI – Robert Shumake recently spoke at a real estate investor’s networking group. He spoke to the group about investing in real estate stock known as REITs.
“There are two kinds of REITs; property owning and mortgage,” said Shumake. “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.”
Robert Shumake 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.”
When asked if REITs are a good investment, Robert answered, “For the most part, REITs are a smart investment; they generally see a consistent return on their investment.
Robert Shumake is the CEO of Inheritance Capital Group, LLC and founder of the Shumake Scholarship Relays and the Shumake Foundation. Robert Shumake has a passion for education and entrepreneurship. His mission is to educate today's youth to be tomorrow's leaders.
For more information, visit Robert ShumakeÂ’s REITs Information site at http://www.robertshumake.ws/
Contact:
William Smith
Inheritance Capital Group, LLC
25900 W. 11 Mile Road; Ste 260
Southfield, MI 48034
Phone: 249-443-0939
Email: wsmith@icgreit.com
This press release was submitted by Right Now Marketing Group, LLC
William Smith
Robert Shumake REITs
249-443-0939
wsmith@icgreit.com 
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