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From an individual investor's perspective, describe the relative merits of mortgage REITs, equity REITs, and hybrids. Buying a REIT mutual fund subjects investors to an
- From an individual investor's perspective, describe the relative merits of mortgage REITs, equity REITs, and hybrids.
- Buying a REIT mutual fund subjects investors to an additional layer of management fees. Wouldn't it therefore make more financial sense to invest directly in a variety of REITs, thus gaining the advantages of diversification without incurring the additional expense? Explain your reasoning.
- In general, would you expect cost estimates to be more precise for new development projects or for rehabilitation projects? Explain your reasoning.
- How does a general contractor differ from a real estate developer?
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