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Real Estate News Releases
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(EMAILWIRE.COM, September 16, 2010 ) Detroit, MI – Robert Shumake is an expert in REITs and is often sought by local REIA groups to be the keynote speaker at meetings. Investing in REITs is becoming popular today.
REITs are real estate investment trusts. Investors purchase shares of REITs, which pay dividends based on profits earned from income-producing real estate.
According to Robert Shumake one advantage to investing in REITs is there are no hassles associated with property ownership and management. One only needs to purchase shares and reap the rewards as their investment grows in in value.
Robert Shumake is Metro Detroit’s leading expert when it comes to investing in REITs. He was recently interviewed and when asked what to consider when choosing a REIT to invest in, he said, “You’ve heard the phrase, ‘location, location, location’ when referring to prime real estate. Location is essential to REITs too; REITs are management companies who handle income-producing property. In order for a property to produce a good profit, the location must be desirable.”
Stability is another factor. “If you are investing in a new REIT, then you do not have this option, but with an established REIT, you can study its history.”
Obviously, another important factor is profit. “Since REITs pay dividends based on profits. Investors want to be sure that buildings are fully leased with long-term tenants. There is no profit to be made from an office or apartment building that has a lot of vacancies.”
The thought of doing all this research is overwhelming, but necessary. Robert Shumake has written and published articles about REIT investing and speaks at prominent events.
Robert Shumake is the author of For Entrepreneurs Who Considered Suicide When Business Got Tough, and the host of several radio programs in the Detroit area. He sits on the boards of numerous businesses and professional associations, and is the recipient of many awards and honors including Future Leaders of Detroit, African-American Male Empowerment Entrepreneur of the Year, the Small Business Leader Crescent Award and Detroit City Council Man of the Year. Learn more about REITs 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
r
Inheritance Capital Group, Inc
William Smith
249-443-0939
wsmith@icgreit.com 
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