What entity would be best and why?
2007-08-14 06:14:39 · 2 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
You can invest in Real Estate Investment Trusts (REITs). A REIT is a company that owns and manages rental property (commercial and residential), and buying shares in it entitles you to a share of the rent money. You can invest in REIT mutual funds, which spread your investment among many REITs for better diversification. Vanguard has a REIT index fund with a low expense ratio.
Doing it this way is much less work than buying and maintaining your own real estate, and you don't have to hire an expensive lawyer.
2007-08-14 06:46:23 · answer #1 · answered by rainfingers 4 · 0⤊ 0⤋
You should consult with a Lawyer and allow he/she to explain the various patnerships, LLC's and corps.
2007-08-14 13:22:00 · answer #2 · answered by Anonymous · 0⤊ 0⤋