Posted by Eric C on July 08, 2003 at 12:06:09:
Hi Donovan -
This question comes up from time to time and a quick check of the archives will bring up more posts on this subject than you probably want.
Both Ray and John Hyre (among others) have posted their opinions on the subject.
To save you some time, here a link to one of Ray’s posts:
In general, I think you’ll find that small REITS are rather clumsy; there are probably better ways to achieve your objectives.
Columbus is an interesting place – plenty of experienced investors with money and plenty of folks who know how to bring them together in deals (projects) that make sense.