Getting Started in Real Estate Investment Trusts [Paperback]

Richard Imperiale (Author)

Book Description

ISBN-10: 0471769193 | ISBN-13: 978-0471769194 | Publication Date: July 11, 2006 | Edition: 1

EVERYTHING YOU NEED TO KNOW ABOUT REITS



GETTING STARTED IN REAL ESTATE INVESTMENT TRUSTS

Real Estate Investment Trusts (REITs) offer small investors the chance to participate in a broad range of real estate opportunities across most major property sectors and geographic locations. But to make the most out of this proven investment vehicle, you must first gain a firm understanding of it.

Getting Started in Real Estate Investment Trusts provides an accessible introduction to the benefits and performance characteristics of REITs and examines the role they play in a well-diversified investment portfolio.

Divided into three comprehensive parts, Getting Started in Real Estate Investment Trusts covers a wide variety of issues within this field, including:
* The legal and financial history of REITs
* How REITs behave as an investment class and how they are best integrated into an investor's portfolio
* The fundamental economic issues that affect real estate and how they impact REITs
* Specific methods for analyzing REITs as an investment
* Different types of REITs: residential, office, industrial, retail property, and more


Filled with in-depth insight and practical advice, Getting Started in Real Estate Investment Trusts is a valuable road map to an investment that can help stabilize and grow your portfolio for years to come.

Editorial Reviews

From the Back Cover

EVERYTHING YOU NEED TO KNOW ABOUT REITS

GETTING STARTED IN REAL ESTATE INVESTMENT TRUSTS

Real Estate Investment Trusts (REITs) offer small investors the chance to participate in a broad range of real estate opportunities across most major property sectors and geographic locations. But to make the most out of this proven investment vehicle, you must first gain a firm understanding of it.

Getting Started in Real Estate Investment Trusts provides an accessible introduction to the benefits and performance characteristics of REITs and examines the role they play in a well-diversified investment portfolio.

Divided into three comprehensive parts, Getting Started in Real Estate Investment Trusts covers a wide variety of issues within this field, including:

• The legal and financial history of REITs
• How REITs behave as an investment class and how they are best integrated into an investor's portfolio
• The fundamental economic issues that affect real estate and how they impact REITs
• Specific methods for analyzing REITs as an investment
• Different types of REITs: residential, office, industrial, retail property, and more

Filled with in-depth insight and practical advice, Getting Started in Real Estate Investment Trusts is a valuable road map to an investment that can help stabilize and grow your portfolio for years to come.

About the Author

Richard Imperiale is President and founder of the Uniplan Companies, a Milwaukee,Wisconsin-based investment advisory holding company. Uniplan and its affiliates manage and advise over $450 million in client accounts. Uniplan specializes in providing clients with consistently superior risk-adjusted returns managing equity, REITs, and micro cap specialty portfolios. Imperiale is also the author of The Micro Cap Investor and J.K. Lasser Pro Real Estate Investment Trusts, both published by Wiley.

Product Details

• Paperback: 304 pages
• Publisher: Wiley; 1 edition (July 11, 2006)
• Language: English
• ISBN-10: 0471769193
• ISBN-13: 978-0471769194
• Product Dimensions: 9.1 x 6.7 x 0.9 inches
• Shipping Weight: 12.8 ounces (View shipping rates and policies)
• Average Customer Review: 4.2 out of 5 stars  See all reviews (4 customer reviews)
• Amazon Best Sellers Rank: #669,321 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

3 of 3 people found the following review helpful:

3.0 out of 5 stars A REIT primer, August 27, 2007

By 

Roberto H. Castro "Reader" (Draper, UT) - See all my reviews
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This review is from: Getting Started in Real Estate Investment Trusts (Paperback)

Richard Imperiale's "Getting Started in Real Estate Investment Trusts" is a primer on REITs. While the content covers the range of REITs and he makes a case for including REITs in an investment portfolio, it is slightly basic. The subject of non-US REITs and tax issues a US investor should consider when investing overseas is not addressed. Too bad, a chapter or two covering foreign REITs would have improved this book substantially.

2 of 2 people found the following review helpful:

4.0 out of 5 stars How-to manual for REIT profits, May 3, 2007

By 

Rolf Dobelli "getAbstract" (Switzerland) - See all my reviews
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This review is from: Getting Started in Real Estate Investment Trusts (Paperback)

With the stock market seeming always ready to freeze or fall, author Richard Imperiale believes that investors who want cash return and diversification should consider Real-Estate Investment Trusts (REITs). You may remember some nasty history in decades past associated with shadowy real-estate tax shelters, but the U.S. Congress cleaned that mess up and created this rather stable investing medium instead. REITs' magnetism comes from their required payout from income, their ease of entry and exit, and their overall return, which usually matches stock market results. This makes REITs a nice way to accumulate wealth and line your 401k retirement pillow. Of course, since REITs are publicly traded, they face the stock market's uncertainties. After the "getting started" chapters, the author gets into the nitty-gritty of REIT securities analysis. As a boon for the very serious investor, Imperiale analyzes numerous real-estate sectors. He asserts that a substantial REIT infusion of 5% to 20% should make most portfolios "juicier," but he does not emphasize REITs' market negatives or today's erratic real-estate market. So with an added dose of caveat emptor, we recommend this book to people looking for access (without heartburn) into the numerous opportunities in the multitrillion dollar real-estate market, including a quick getaway if needed.

2 of 4 people found the following review helpful:

5.0 out of 5 stars REITs 101, May 12, 2007

By 

Richard Castro - See all my reviews
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Amazon Verified Purchase

This review is from: Getting Started in Real Estate Investment Trusts (Paperback)

This book is absolutely great to get down to the basics of what REITs are. It's a very easy read and there are lots of very relevant graphs. The topic is not really difficult and this book really gives you what you need.