#425 What is an REIG?

Real estate investment groups (REIGs) may seem like an easy way to invest in real estate without the hassle of managing the property yourself. However, there are several potential downsides to consider. First, you have no control over the properties being invested in, which can be a major disadvantage for those who prefer a hands-on approach. Second, high fees and costs associated with the investment can eat into returns and make it difficult to sell your ownership interest in the group.It's important to carefully consider the lack of control, high fees, illiquidity, and potential risks associated with an REIG before making a decision. Due diligence and research are critical to making informed choices, and investors should be aware of these potential downsides before investing in an REIG. Are you ready to get certified in EVERY strategy I teach? Start your journey with a FREE 15-minute demo. You don't want to miss this! Secure your tickets for the most significant tax & legal event of the year: Tax and Legal 360 Curious what my new certification is all about? Learn More Looking to connect with a rock star law firm? KKOS is only a click away! Grab my FREE Ultimate Tax Strategy Guide HERE! Check out our YOUTUBE Channel Here: https://www.youtube.com/markjkohler Craving more content? Check out my Instagram!