UP CLOSE & PERSONAL
STREET SMART
Required Reading WHAT ARE THE THREE MOST IMPORTANT SOURCES OF INFORMATION YOU READ, WATCH OR LISTEN TO EVERY DAY TO HELP YOU IN YOUR INVESTING?
The first two sources, local to my Louisville, Ky., market and essential to me, are Louisville Business First and Insider Louisville. Both are com- prehensive with their business content and, to their credit, recognize the
I can’t say that I go to any one information source daily. Nevertheless, there is an abun- dance of random sources and media about real estate investing that bombards my inbox daily. Much of that is self-serving content or blogs and is often ignored. But there is also plenty of good general infor- mation that covers nationwide trends or tech- niques. Real estate investing opportunities can be very different regionally and locally, so I pay particular attention to this information. My favorite sources for the best information would have to include this magazine. The con- tent is well-researched data and expert opinion.
DAVID KERN VICE PRESIDENT PRG COMMERCIAL PROPERTY ADVISORS
inherent real estate component in every- thing—whether it be the potential impact on downtown office leasing of Aetna buying Louisville’s Humana, or more neighborhood-centric entrepreneurship at the restaurant/bar/retail level and its relationship to residential development. I read both every morning and look for updates throughout the day. The third essential information source for me is The New York Times. As a gen- eral newspaper, it can’t be beat. That excellence extends to its coverage of real estate. From developments in lending to block-by-block redevelop- ment, The Times covers what’s happen- ing now on a national and global scale. •
LENNY LAYLAND BROKER/OWNER INVEST ORLANDO REALTY
The next source that comes to mind is the National Association of Realtors, along with state and local associations. They provide great articles, education and data on current activity and trends. Other sources are more random. I tend to view headlines about what the institutional investors are doing because, even though they are relatively new to the market, they seem to understand the asset class. Finally, I listen to the market and watch the numbers. Do they contin- ue to make sense? What are my hedge fund clients and other small investors saying and doing—buying, selling, holding, leveraging? With all the information out there, it is possible to draw your own conclusions. Mine is that real estate is still the best place to invest. •
WEB :: www.prginvestments.com PHONE :: 502-365-3840
WEB :: www.investorlandorealty.com PHONE :: 407-937-2200
60 | think realty magazine | mar :: apr 2016
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