Reits: Building Profits with Real Estate Investment Trusts

by John A. Mullaney

Book Overview

A timely and authoritative guide to today's hottest new investment vehicles "Finally, a book that covers REITs from A to Z that is understandable to both the layperson and the expert alike. John Mullaney is one of the very few real estate analysts who can simplify this complex new asset class and make the compelling argument that securitized real estate will continue to have a bright future and belongs in everyone's portfolio." --Peter Wheeler, President...

• Format: Hardcover
• Language: English
• ISBN: 0471193240
• ISBN13: 9780471193241
• Release Date: October 1997
• Publisher: Wiley
• Length: 304 Pages
• Weight: 1.35 lbs.
• Dimensions: 1.1" x 6.4" x 9.5"

Customer Reviews

A Solid But Unfortunately Dated Text Still Worth a Careful Read

Make no mistake- Laws have changed and REIT offerings have expanded since the first publication of this book. However, the text offers the best, most accessible summary of the key principles involved in REIT investing for the little guy. I would pay very close attention to the general principles outlined in chapters 3, 4 and 16. Several chapters in the book look at a distinct property type (multi-family residential, commercial, triple net lease, among others) and deserve attention as well. Ignore all of the stock data and company profiles, as all of that information is useless now, given all the changes that have happened in this space over the last decade. Don't let the admitted dated nature of the text keep you from gleaning its important 'secrets'. Too many gullible investors look at REITs for their fat, juicy yields, and inevitably get burned in the process. Like I said, pay very close attention to chapters 3, 4 and 16, and in a pinch, before investing, consult chapters 4 and 16 before you commit your funds. I wish the guy would write an updated version of this little gem of a book. Read this book before you read a book like Block's Investing In REITs (latest publication is the 3rd Edition, circa 2006 or 2007) in order to put this particular investment into proper perspective.