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Non-Tech : Investing in Real Estate - Creative Opportunities
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To: John Vosilla who wrote (921)8/22/2012 12:19:48 AM
From: tejek  Read Replies (1) of 2722
 
Yes, you’re reading this correctly. Instead of packaging up and selling the underlying mortgage as a security, which led to the 2008 economic collapse, Wall Street is packaging up the rental home itself as a publicly traded REIT ( Real Estate Investment Trust). Like a mutual fund, a REIT is a so-called “professionally managed” collective investment scheme that pools money from many investors to purchase securities.

Big Opportunity or Just Another Way to Take Your Money?

Anything WS is doing, the small investor needs to stay away.
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