Case summary:
Mrs. S and Mr. M are about 20 year away from retirement. They worry that they have not been aggressive enough in their investment decisions. Some friends have recommended supplementing their investment program with highly speculative investments such as real estate. They realize that direct investment in real estate would require too much time. Therefore they are considering an indirect investment. They would like to evaluate whether this would fit into their portfolio.
Character in this case: Mrs. S and Mr. M.
Adequate information:
Monthly gross income is $8,000.
Living expenses are $6,500.
Assets are of $230,000.
Liabilities are of $80,000.
To explain:
Advantages of investment in real estate as a limited partner.
Introduction: Real estate includes lands, building and other improvements. It also includes the natural resources such as water and minerals.
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Personal Finance (The Mcgaw-hill/Irwin Series in Finance, Insurance, and Real Estate)
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