Our priority is people, our focus is real estate
It’s that time of year again when a certain anxiety is in the air and the days just don’t have enough hours in them to accomplish what’s on our to do list or Santa’s list for that matter. Let us keep in mind Life Safety compliance. http://www.dps.state.vt.us/fire/
While Vermont brings some extreme temperatures during the Winter months, (especially February, my favorite month to leave Vermont to vacation somewhere warm and tropical), our economy seems to be insulated by extreme ups and downs. Fortunately, we’ve seen little slow down in our market in the past few months. In a recent article in Kiplinger, which was noted on Yahoo! Real Estate, Burlington, Vermont is listed as one of six safe havens for real estate in the United States. To read the entire article go to: http://realestate.yahoo.com/promo/safe-havens-in-real-estate.html
Investing in real estate is one of the best ways to diversify your portfolio. Over the years real estate has proven to be an effective component for investors looking for long term returns. One of the difficult things about investing in real estate is the hands-on nature of its management. Real estate requires the property owner to either be engaged in day-to-day operations or to hire a third party manager. Tenancy-in-common (TIC) investments allow investors who like the idea of real estate but aren’t interested in management to buy a percentage share of a larger asset. For example, in a TIC investment, the Sponsor of the project will put together a group of investors who will, in essence, own the property together. The property is professionally managed by an asset specialist and returns are realized based on the specific project.