In the world of investing there are two kinds of people, those who make money and see a profit and those that don't; everyone wants to be a part of the first group
Minneapolis, MN - Those who do well in investing understand the importance of research and education. Earl E. Bird, III is an authority in REITs, Real Estate Investment Trusts and Real Estate Mutual Funds. Earl said, "Take a few lessons from the big dogs; after all, they got to where they are through years of hard work and wise investing."
"Look at Donald Trump!" Earl exclaimed, "His whole career was made on the right real estate moves at the right time. Another thing to consider is that real estate is an asset, instead of a more fluid commodity that could disappear overnight."
Earl understands that many people are accustomed to the more traditional types of investments; they are not really sure where to start when it comes to investing in real estate stock. Earl said, "With REITs you can be a part of a fund or have something as liquid as a stock, rather than be stuck in a situation where you are forced to deal with all the contracts and deeds of property as well as the maintenance of it."
Earl explained REITs by comparing them to real estate mutual funds, "When you purchase shares in REITs you are putting money into the pot for the real estate management group or real estate development group to build or purchase real estate with and then manage it and keep it operational."
As the meeting concluded, Earl made a final statement, "Profits are derived through the money the management group makes annually from rent in residential properties and leases of business properties. 90 percent of the profits from REIT investments must go back to the shareholders in the form of dividends each year." Read articles written by Earl Bird at http://realestateindustrial.blogspot.com
REITbuyer.com is an online brokerage information site specializing In REITs and Real Estate Mutual Funds - The World's first and only site dedicated to REITs Real Estate Mutual Funds. This is a place for the small investor to own a piece of world class real estate.
The above press release is not the opinion of SaveDaily. Any advice given is option of writer. Savedaily is not endorsing this press release. http://www.reitbuyer.com/ is not broker or dealer. All investments are risky by nature and professional advice should be sought.
Don't run away from REITs just yet; educate yourself; learn how to invest in real estate trusts and real estate mutual funds
Oklahoma City, OK - Due to the state of our economy, many people believe that anything related to real estate, the stock market and investing in general is not in their best interest.
While it is true that the market as well as real estate investments have been through a hard time over the past year, Earl E Bird, III, spokesperson for the ReitBuyer.com site believes there are great opportunities for investors today.
Earl said, "First, you have to face the reality. There were a number of real estate investing opportunities, stocks and funds out there that were a bad idea in recent years. Many companies, real estate investment firms and stock market analysts got a little to cozy with things going well all the time. The economic climate started to shift and soon almost every stock, fund, and investment on the market took a nosedive, taking all of us with it."
Earl explained that as we are coming out of the nosedive many people think it is time to take what they have left and run. Earl said, "This is not the right answer. The correct answer to what you should be doing is that you should jump right back up on the horse, but make wiser decisions the next time to avoid another major fall." Read articles about REITs at http://dowstock.blogspot.com/
REITbuyer.com is an online brokerage information site specializing In REITs and Real Estate Mutual Funds - The World's first and only site dedicated to REITs Real Estate Mutual Funds. This is a place for the small investor to own a piece of world class real estate.
The above press release is not the opinion of SaveDaily. Any advice given is option of writer. Savedaily is not endorsing this press release. http://www.reitbuyer.com/ is not broker or dealer. All investments are risky by nature and professional advice should be sought.
Real Estate Investors enjoy high returns and financial security investing in Real Estate Trusts
Kansas City, KS - The newly launched website, ReitBuyer.com offers new opportunity for real estate investors to research REITs. Spokesperson, Earl E. Bird, III was recently interviewed and he explained the advantages to investing in REITs.
Earl said, "Commercial real estate investing is financially out of reach for many individuals. REITs were created by Congress to enable smaller investors to invest in large-scale, income producing real estate."
When asked, "What are REITs?" Earl answered, "REITs are corporations that own and manage a portfolio of income-producing real estate and mortgages of which anyone can purchase shares.
The next question we asked Earl was "What are the advantages to investing in REITs?" Earl answered, "REITs provide diversity and liquidity; they are easy to sell quickly. Investing in a portfolio rather than a single property reduces your financial risk. Dividends tend to be larger because a REIT must distribute at least 90 percent of its taxable income to shareholders each year.
Earl explained the different types of REITs that are available, how the work, and their individual benefits. "REITs offer the benefit of diversity and liquidity, relatively larger dividends and relatively low financial risk," said Bird. Visit http://stockmarketclosing.blogspot.com to read articles written by Earl Bird.
REITbuyer.com is an online brokerage information site specializing In REITs and Real Estate Mutual Funds - The World's first and only site dedicated to REITs Real Estate Mutual Funds. This is a place for the small investor to own a piece of world class real estate.
The above press release is not the opinion of SaveDaily. Any advice given is option of writer. Savedaily is not endorsing this press release. http://www.reitbuyer.com/ is not broker or dealer. All investments are risky by nature and professional advice should be sought.
Investors gather for a follow-up meeting with Earl Bird to learn more about REITs and Real Estate Mutual Funds
Omaha, NE - A group of real estate investors gathered for a meeting recently where Earl E. Bird, III, spokesperson for the REITbuyer.com explained how Real Estate Mutual Funds work and how to invest in them. The group left with a lot of information to study as Earl advised them to do some research of their own before returning for a question and answer session.
When asked if Real Estate Mutual Funds are considered to be a good investment, Earl explained, "Real Estate Mutual Funds can play an important role in a long term investment portfolio. Morningstar, a well-respected investment research source, says these types of mutual funds have experienced tremendous growth over the last 5 years with an average annual return of nearly 11 percent as of September, 2008. Dividends paid on Real Estate Mutual Funds are typically influenced by economic factor such as interest rates and the matching of supply and demand for commercial office space."
Another investor asked about costs and fees associated with Real Estate Mutual Funds. Earl said, "With every mutual fund you will incur some expenses. There are three expenses to be familiar with when investing in Real Estate Mutual Funds, including loads, redemption fees and operating expenses."
"Loads are fees charged either when you purchase a mutual fund (front-end loads) or when you sell a mutual fund (back-end loads). The loads are used to pay a commission to the agent who sold you the fund," Earl explained. "Redemption fees are stipulations indicating that if you sell your mutual fund before a specified date, you will be charged a fee. Then there are operating expenses, fees charged as a normal part of doing business for the fund. The management fees go to pay the fund manager for his expertise and time."
As the meeting came to an end, Earl said, "All types of investors find Real Estate Mutual Funds to be an excellent investment to have in their portfolio, from the new investors with no previous experience to the seasoned investors with many years experience." Read some of the articles Earl has written about real estate mutual funds at http://corporationmortgage.blogspot.com
REITbuyer.com is an online brokerage information site specializing In REITs and Real Estate Mutual Funds - The World's first and only site dedicated to REITs Real Estate Mutual Funds. This is a place for the small investor to own a piece of world class real estate.
The above press release is not the opinion of SaveDaily. Any advice given is option of writer. Savedaily is not endorsing this press release. http://www.reitbuyer.com/ is not broker or dealer. All investments are risky by nature and professional advice should be sought.
Understanding REITs (Real Estate Investment Trusts) is made easy with a recently launched website packed with information
Billings, MT - In spite of the state of our economy and the stock market, Earl E. Bird, III, spokes person for the ReitBuyer.com, says there is hope for investors. "REITs are considered to be a great investment, even today," said Earl. "Their dividends are usually high and there is great potential for moderate, long-term appreciation. Compared to other investment options, over time the return on REIT stocks produce a slightly lower return than a high risk investment, but a higher return than a low risk bond."
The REITbuyer website has proven to be an effective tool in learning about REITs and how to invest in them. Many inexperienced investors have learned a lot from the material provided on the ReitBuyer.com site. One investor said, "It's very informative and easy to understand. It's like REITs for dummies; anyone can learn about REITs and REIT buying at this site."
Earl said, "We provide approved broker dealers who can work with investors to put together a managed portfolio. Intermediate investors who have some experience but need additional information and basic analysis can use our research tools; we provide a good platform for experienced investors as well." Read articles by Earl Bird at http://realestateoh.blogspot.com
United States Congress established REITs in the 1960s to allow average investors the chance to invest in large-scale, income producing real estate and commercial real estate. Access to these investment opportunities used to be limited to wealthy individuals and institutions before Congress became involved.
REITbuyer.com is an online brokerage information site specializing In REITs and Real Estate Mutual Funds - The World's first and only site dedicated to REITs Real Estate Mutual Funds. This is a place for the small investor to own a piece of world class real estate.
The above press release is not the opinion of SaveDaily. Any advice given is option of writer. Savedaily is not endorsing this press release. http://www.reitbuyer.com/ is not broker or dealer. All investments are risky by nature and professional advice should be sought.
Robert Shumake is the CEO of Inheritance Capital Group, a private equity real estate investment and development firm. ICG manages nearly 3 million sq. ft. and a $200 Million dollar portfolio.
Mr. Robert S. Shumake is the Chief Executive Officer of Inheritance Capital Group (ICG); a Michigan based private equity real estate investment and development firm. ICG manages nearly 3 million square feet and $200 million dollar real estate portfolio. Mr. Shumake invests, manages and develops commercial and residential real estate. Mr. Shumake has implemented policies and funding strategies to raise capital for small businesses, mortgage loans, commercial leasing and specialized financing. Mr. Shumake has over fifteen years of experience in his field. As founder of First Equity Holdings (1996) he managed and sold 85% of the Department of Housing and Urban Development (HUD) inventory in the state of Michigan with sales of approximately 80 million dollars. In addition, Mr. Shumake has developed, sold, or financed well over 100 million dollars in real estate. Based on the success of First Equity Holdings, Mr. Shumake received a White House appointment to the Board of Directors for the Federal Home Loan Bank Board, the second largest bank in America with 700 billion in assets. As a director, Mr. Shumake presided over the Affordable Housing Committees in Michigan and Indiana. Mr. Shumake has received two Michigan gubernator appointments, as a member of the Board of Real Estate Brokers and Salespersons with responsibilities to regulate and license real estate professionals and the Council of Health and Fitness.
As a supporter of cultural arts, Mr. Shumake is a member of the Charles H. Wright Museum of African American History, located in Detroit, MI. Mr. Shumake also serves on the board of the Detroit Music Hall and served on the board of directors for the Lewis College of Business. Mr. Shumake is an active culturist, specializing in political and educational fundraising strategies. He has received the National Urban League Rising Star Award presented to individuals who have achieved significant business success. He has also served on national finance committees for not-for-profit companies and political candidates. Mr. Shumake is a philanthropic leader who through the Robert Shumake Schol
arship Relays has hosted the largest private track and field meet in Michigan showcasing the academic and athletic abilities of over 5,000 youth while providing over $20,000 in scholarships since its inception in 2005.
Mr. Shumake has written For Entrepreneurs Who Considered Suicide When Business Got Tough! for individuals looking to achieve their entrepreneurial and financial dreams. The book is a guide packed with quotes, helpful advice, interactive pages to record personal and professional goals based on Mr. Shumake's experiences as an entrepreneur and wealth builder.
In addition to being an author, Mr. Shumake co-hosts a national radio show with Rev. Al Sharpton, 40/40 Power Hour: 40 Acres not 40 ounces", as well as local radio and television programs in the Detroit area. His radio show, "Necessary Business with Robert Shumake" airs weekly on WCHB-AM. "Take the Land" is a simulcast program that airs weekly. "Take the Land" can be seen on TV 68, TV 33 and heard on WHPR 88.1 FM in Detroit, Michigan.
The Company
Inheritance Capital Group, LLC, (ICG) founded in 2006, is a private equity commercial real estate fund based in Southfield, Michigan. The fund is managed by ICG Real Estate Advisors, LLC, the only minority owned enterprise in the country certified by the Minority Business Development Council (MBDC) to buy and sell corporate sale lease backs.
Our team is comprised of highly experienced real estate professionals proficient in the financing, acquisition and management of single tenant net lease real estate nationwide. Inheritance's goal is to provide timely and reliable solutions to:
•Ø Companies seeking to monetize single-tenant income real estate
•Ø Developers of single-tenant income properties for value added joint ventures
•Ø Sellers of existing single-tenant income real estate
•Ø The advisors and brokerage communities that service such entities
Transaction Summary
Provided below is a snapshot of our existing pipeline and asset holdings since our inception.
•· Inheritance Capital Group, LLC
•o 5 properties
•o Tenants include UPS, Lufthansa, Eagle Ottawa, Reichhold and Lockheed Martin
•o Total square feet - 702,096
•o Assets under management - $83.44 million
•· Combined Portfolios
•o 10 properties
•o Total square footage - 2,675,427
•o Total assets under management - $197 million
•· ICG Leaseback Fund I, LLC
•o 5 General Motors Service Parts Operations Facilities
•o Properties located in Bolingbrook, IL, Reno, NV, Aurora, CO, Rancho Cucamonga, CA, Charlotte, NC
•o Total square feet - 1,973,331
•o Assets under management - $113.6 million
Affiliations
National Association of Factoring Professionals
American Cash Flow Association
Diversified Cash Flow Association
Debt Instrument and Financial Professionals
Appointments
Board Member, Real Estate Broker and Salesperson
Board of Director, Federal Home Loan Bank
Chairman, Detroit City Council Alternative Finance Committee
Chairman, Michigan Small Business Development Center Advisory Board
Trustee, Lewis College of Business , Detroit
Honors and Accolades
Small Business Leader Crescent Award, Future Leaders of Detroit
African-American Male Empowerment Entrepreneur of the Year, Detroit City Council
Man of the Year, Alpha Phi Alpha
Nominated, Ernst and Young Entrepreneur of the Year
Nominated, Business Leader 100 Impact Awards
National Urban League Rising Star Award
General Chair, NAACP Freedom Fund Dinner (2003 & 2008)
Education
Dearborn Financial Institute
Larry Pino Institute of Finance
Licensed Real Estate Broker
Licensed Mortgage Banker
Honorary Doctorate, Lewis College of Business
Memberships
NAACP
Alpha Phi Alpha Fraternity Inc.
Prince Hall Free and Accepted Masons
Bridge Foundation, Charles H. Wright Museum of African American History, Detroit
National Order of Odd Fellows
Robert /S. Shumake, Chief Executive Officer
Inheritance Capital Group, LLC
25900 West 11 Mile
Southfield, Michigan 48034
tel 248-443-0939
fax 248-443-1545
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