The Pros and Cons of Apartment Investing
Besides the stock market, perhaps one of the best investments you could have made at the bottom of the Great Recession, would have been in apartment buildings, when rental demand skyrocketed as millions of people became frozen out of home ownership due to the upheaval in the home mortgage industry. Our next guest says that he believes there is still money to be made in apartment investing.
Mike Switzer interviews David Engel, chief investment officer and managing member at Engel Capital Advisors in Greenville, SC. Also a chartered financial analyst and a member of the SC Chapter of the CFA Society.