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Personal Financial Planning 13th Edition by Lawrence Gitman,Michael Joehnk,Randy Billingsley
Edition 13ISBN: 978-1111971632Personal Financial Planning 13th Edition by Lawrence Gitman,Michael Joehnk,Randy Billingsley
Edition 13ISBN: 978-1111971632 Exercise 2
Assume that you've just inherited $100,000 and wish to use all or part of it to make a real estate investment.
a. Would you invest directly in real estate, or indirectly through something like a REIT Explain.
b. Assuming that you decided to invest directly, would you invest in income-producing property or speculative property Why Describe the key characteristics of the types of incomeproducing or speculative property you would seek.
c. What financial and nonfinancial goals would you establish before beginning the search for suitable property
d. If you decide to invest in real estate indirectly, which type(s) of securities would you buy, and why
a. Would you invest directly in real estate, or indirectly through something like a REIT Explain.
b. Assuming that you decided to invest directly, would you invest in income-producing property or speculative property Why Describe the key characteristics of the types of incomeproducing or speculative property you would seek.
c. What financial and nonfinancial goals would you establish before beginning the search for suitable property
d. If you decide to invest in real estate indirectly, which type(s) of securities would you buy, and why
Explanation
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a)An amount of $100,000 is not enough mo...
Personal Financial Planning 13th Edition by Lawrence Gitman,Michael Joehnk,Randy Billingsley
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