Your name saw this post on The ActiveRain Real Estate Network and thought it might be of interest to you. Please see the link below to review the post.

REITs offer Opportunity to Invest in Detroit Real Estate without the Hassle of Ownership
REITs allow the benefits of owning property and making a profit without holding title and having to maintain the property
 
Detroit, MI - Earl E. Bird, III is an expert in real estate investing and REITs.  At a recent meeting with a group of real estate investors, Earl explained how REITs work.  "Instead of having to own and maintain a piece of property, you purchase a share in a real estate management group of at least 100 shareholders who pool their money to be used for real estate development.  Unlike other types of mutual funds, at least 90% of the profits from residential rental properties and commercial leases must be distributed to the shareholders."
 
The investors were intrigued with the idea of making a profit from income-producing properties without the pressures of ownership.  Worn out landlords now have another option available.  No more having to evict bad tenants; no more middle of the night emergencies when tenants call because the heat isn't working or the plumbing is leaking.  The days of repairing damages caused by negligent tenants are over. 
 
Earl said, "Though you may not make a quick fortune in REIT investing, it is a steady way to ... more

__________________________________________________
Are you on The Rain? Grow Your Network!