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Real Estate News Releases
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(EMAILWIRE.COM, October 01, 2010 ) Detroit, MI – Robert Shumake is a local businessman, philanthropist, mentor and real estate investor who is also an expert in REITs. While it is true that the market as well as real estate investments have been through a hard time over the past two years, Robert Shumake is confident that there is a silver lining to the clouds in the sky.
During a recent interview, Robert Shumake discussed the real estate market and how REITs (Real Estate Investment Trusts) offer a good opportunity to invest in real estate without the liability exposure and headaches of being a landlord. a landlord.
“While it is true that REITs had some tough times, there are still some of them out there that are getting a good return on their money,” said Shumake. “Look for preferred funds and take a close look at their track record. While they may not be making big double-digit gains right now, they are moving in a positive direction and some are also doing better than any other investment options you could be looking into.”
According to Robert Shumake, a number of real estate investing opportunities were a bad idea in recent years. The economic climate started to shift and soon almost every stock, fund, and investment on the market took a nosedive, taking all of us with it.
Now that we are coming out of the nosedive many people are thinking it's time to take whatever they have left and run for it. “This is not the right answer.” said Shumake. “The solution is to make wiser decisions to avoid another major fall.”
“Sure, times have changed,” said Shumake, “but as with everything else, this too shall pass. So, as you consider where you want to put your money, you may want to listen to the man who knows more about money than most of us, Donald Trump, who said, ‘What separates the winners from the losers is how a person reacts to each new twist of fate.’ Essentially, we are in that time of reaction. You can let the credit crisis and the tumbling investment market, stocks, funds and real estate prices get you down or you can choose to pick yourself up and try again.”
Robert Shumake is confident that real estate values will rise again. As the interview concluded, Shumake said, “Real estate is always going to be hot. While things may be a little soft right now, there will always be people wanting to purchase new homes, others who are following their dreams and want to start a business of their own, and those property investments that may be slow now will climb again. If you're vested with them that means those rises will translate to profits for you.”
Robert Shumake is an expert in REITs investing. Recognizing a need to educate todayÂ’s investors to be successful, Shumake has created a new website dedicated to REITs. The new REITs site provides guidance for savvy investment gurus and new investors looking for information. Visit http://www.robertshumake.ws/ to learn more.
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
Inheritance Capital Group, Inc
William Smith
249-443-0939
wsmith@icgreit.com
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