Upcoming Chapter Meeting: AAII Philadelphia
Date: Tuesday, October 29, 2013
Topic: Mini-Conference on Real Estate
Speaker: Calvin Schnure, Vice President of Research and Industry Information, National Association of Real Estate Investment Trusts
If you want to own income-producing properties, without the need to either search for tenants nor to fix the many problems that inevitably arise, you might want to consider real estate investment trusts (REITs). REITs, which you can think of as being mutual funds that own portfolios of real estate, invest in such properties as shopping centers, apartment buildings and nursing homes, and pay almost all of their cash flows to their shareholders. Dr. Calvin Schnure—author, writer, presenter, and economist from the National Association of Real Estate Investment Trusts
(NAREIT)—will explain what REITs are and how to evaluate them. Then Jeanne A. Leonard of Liberty Property Trust as well as representatives of several other local REITs will discuss their companies. If you want to invest in real estate but don’t want the management headaches, this mini-conference will help get you started.