Memphis Real Estate Investing

2 min read

Why investing in buy & hold real estate is better than Wall Street

Fri, Jun 12, 2009

Great article quoting Andrew Waite, Editor and Publisher of Personal Real Estate Investor Magazine, on the intricacies of investing in residential real estate and why most of Wall Street is missing out.  Often times, Wall Street wants to mold and package Real Estate Investing into a nice, neat and tidy package and analyze it as a stock or commodity.  Real Estate is both more complex and at the same time much simpler to understand.  You just have to know what it is your looking for!

I have included a good piece of the article here and you can link through to read the entire article.  Come back to me with any questions on how MemphisInvest.com is using the information and expertise of Andrew Waite and others, to fine tune our process.  We have long prided ourselves on being able to adapt to the needs of our clients, and staying in front of the trends in residential investment real estate in Memphis has been our calling card.

Why Wall Street is Missing the U.S. Housing Recovery

[Editor's Note: This is the second installment of a two-part look at how the U.S. real estate market will affect the nation's economic recovery. Today's focus: The residential real estate rebound. Last Week: The foundering commercial real estate market. Watch for an upcoming "Hot Stocks" feature that looks at potential housing plays.]

By William Patalon III
Executive Editor
Money Morning/The Money Map Report

Wall Street created the U.S. housing bubble and now it’s missing the real estate rebound.

And Andrew Waite understands why.

Waite is the publisher of the Personal Real Estate Investor, a glossy magazine that focuses on investors who buy houses or condos to manage for income or to fix up and sell for a profit. But he’s not some industry cheerleader whose statements are nothing but spin.

He’s a true expert on the U.S. housing sector who goes out of his way to “educate” journalists about the true state of the American housing market, and who criticizes most of the “indicators” in use as useless and irrelevant. Plus, as a onetime Wall Street venture-capitalist who subsequently joined Silicon Valley’s Sand Hill Road private equity crowd, Waite really understands how the Wall Street investment game is played - and, in the case of the U.S. housing market, the missteps Wall Street made and why.

“Wall Street analysts and economists do not understand the housing industry,” Waite told Money Morning in a recent interview. “While stocks and bonds are (more)…

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Chris Clothier
Written by Chris Clothier

Entrepreneur, writer, speaker, ultra-endurance athlete, husband & father of five beautiful children. Chris puts these natural talents on display every day. As a partner at Memphis Invest, Chris addresses small and large audiences of real estate investors and business professionals nationwide several times each year. Chris is also an active writer, weekly publishing real estate, leadership, and endurance training articles.

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