| Investing directly in property can be an attractive alternative to low-yielding bonds but isn't for everyone. Investors should know the real-estate market, be wary of what can go wrong and, because properties can be illiquid, have plenty of cash in reserve, say financial advisers.
For people willing to take the plunge, the U.S. economic recovery and several other factors make real-estate fundamentals relatively favorable now, says Rich Fichtel, a senior financial adviser at Altfest Personal Wealth Management in New York, which manages about $1 billion. For example, leasing is outpacing new construction activity, and vacancy rates are declining, he notes...............................................Full Article: Source
|