Posts Tagged ‘real estate investment’
For investors who can’t stomach the volatility of real estate investment trusts (REITs), but also don’t want to get their hands dirty, there is the middle way in real estate investment, namely through a private partnership.
A real estate investment private partnership (REIPP) is a pool of investors’ money that is invested in commercial or residential properties. As an investor, you can contribute capital as a limited partner and let the general partner do all the dirty work. Sounds like the best of both worlds, doesn’t it?
It is emphatically not.
The best investment I’ve ever made
Posted August 8, 2012
on:I got my power bill yesterday for the first time after moving into my new house. I instantly felt half a million dollars richer.
When we purchased the new house, one of the biggest concerns we had was the utility bill. The previous owners showed us that they spent $1,000 on power and gas each month and that number was pretty constant year round. The house was in good shape, but the windows had not been replaced for 20 years and were leaky.
So the first thing we did after settlement was to replace all the windows.