You’ve got money in the bank and you want to invest it. What to do?
Dan Stiebel of Coldwell Banker Commercial says the appeal of owning a physical asset such as property can’t be discounted.
“It’s a little more work than buying a stock with a dividend," he said. "It’s not for everybody."
He said the most attractive property is a single tenant net-leased property where the tenant has a long-term lease and all improvements and maintenance are their responsibility. He points to franchise operations as the most visible such entities.
“The owner gets a dividend like a stock,” he …
