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15

Expand Y our Proper ty

Por tfolio

by

Gary W. Eldred , PhD

eal estate investors are expanding their horizons. For reasons of necessity,
R diversification, and, often, larger expected returns, many investors should

consider exploring other types of property or property- related assets. Small
residential rental properties located within their local area still remain a
powerful way for investors who choose real estate investing to build wealth

and create financial freedom, you too, might want to evaluate and compare
one or more of the following alternatives:

• Lower-priced areas (United States and the world)
• Emerging growth areas

Parts of this chapter have been abridged and adapted from Gary W. Eldred and Andrew McLean,
,
Chapter 15 , “New Trends and Developments,” Investing in Real Estate 5th ed. (Hoboken, NJ:
John Wiley & Sons, 2006).

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