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Real Estate News Releases
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(EMAILWIRE.COM, October 03, 2010 ) Detroit, MI -- A group of real estate investors recently held a meeting where they invited REITs expert Robert Shumake to be the keynote speaker. Robert Shumake recently launched a website for real estate investors to learn all about REITs and how to invest in them. Robert explained what REITs are and why they are a great investment today. The group was impressed with his knowledge and experience with this type of real estate investment; one where investors are not landlords and they do not experience the liability exposure of owning real estate.
Robert Shumake Shumake used charts and graphs to show the benefits of investing in REITs, also known as Real Estate Mutual Funds. “Just as a traditional mutual fund, the primary benefits of investing in REITs are professional management and diversification,” Shumake explained. “You do not have to attempt to determine the best way to invest your money because a RIET is managed by an investment professional that assists you in making sure your investment is profitable.”
Robert paused while the investors wrapped their mind around this new information. He knew that most of these young investors have built their real estate portfolio one property at a time, as they bought, fixed up and leased or sold the property for cash flow or profit.
Robert Shumake went on to explain, “A REIT offers you the opportunity to diversify because each fund owns several different real estate companies and companies who service the real estate market. When you purchase shares of the fund, you are buying pieces of all the assets held by the fund.”
The group listened intently as Shumake explained the different types and investment levels of REITs. “REITs are divided into two categories: closed-ended, which are funds with a limited number of shares; and open-ended, which are funds with an unlimited number of shares. There are many more open-ended funds than there are closed-ended funds.”
“There are also different investment levels for REITs, including large-cap real estate mutual funds which invest in companies with market values of more than $8 billion. Mid-cap funds invest in companies with market values between $1 billion and $8 billion. Small-cap funds invest in companies with market values below $1 billion, and micro-cap funds invest in companies with values below $250 million.
The group gave healthy applause as the meeting came to an end with everyone gathering their notes to head out. Everyone was pleased with all the information Shumake provided. The group will use their free time to study their notes and do some research of their own, and then they plan to meet with Shumake again for a Q & A session to learn more.
Robert Shumake recognized a need to encourage people to learn about REITs as a way to invest in real estate without the responsibility of managing property. Read more about REITs investing 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
Inheritance Capital Group, Inc
William Smith
249-443-0939
wsmith@icgreit.com 
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