The second edition of “Effortless Cash Flow” covers everything from the 1031 exchange (aka “1031 tax deferred exchange”) to TIC history and evaluation of the deals.
Seminole, FL (PRWEB) May 21, 2007 -- A book providing valuable information on Tenant in Common properties and the 1031 exchange , “Effortless Cash Flow: The ABC’s of TICs (Tenant in Common Properties)” by Kathy Heshelow, is now in its second edition. It is the only book available about the dynamic TIC industry.
“Cash flow is king for many investors today, whether they are retirees or just savvy real estate investors,” Heshelow says. “TICs not only provide passive income – no management involved – and can provide investors with diversity and institutional-grade ownership, but they can also be used for the popular 1031 exchange.”
Heshelow says she wrote the book last year as a means to educate investors about the pros and cons of Tenant in Common properties and the 1031 exchange, as there wasn’t much formal information available. “Getting educated about your investment choices is essential,” she states.
“Effortless Cash Flow: The ABC’s of TICs” discusses the risks and caveats of Tenant in Common properties as well as the reasons they are so popular. The TIC industry is thriving, with more than $4.5B expected in equity this year alone. The second edition includes updates on statistics and the latest news on this investment type.
TIC investors will have a deed and a percentage interest in a large commercial real estate property with all benefits of real estate ownership. Typical properties include office buildings, retail shopping centers, apartment properties and even assisted living facilities, industrial complexes and hotels. Investors have all rights of ownership but will not be involved in the day to day management. This is one of the main reasons many investors choose TICs – they have grown very tired of managing properties and dealing with the “3 T’s” (tenants, trash and toilets) but they still like the benefits of real estate ownership. Some investors are new to real estate but are afraid to take on the management issues themselves, and find that Tenant in Common properties offer a great alternative.
Author Heshelow is a seasoned commercial real estate broker, president of her own firm in Florida, and a securities-licensed representative with CapWest Securities, Inc. (member NASD, SIPC, MSRB). Heshelow owns a number of TIC interests, and helps clients with them on a daily basis.
Heshelow says any investor who is considering a TIC investment or who will be conducting a 1031 exchange (aka “1031 tax deferred exchange”) should check out the second edition of “Effortless Cash Flow: The ABC’s of TICs” to see if this investment type is for them.
Contact:
Kathy Heshelow
Toll free 866-891-1031 or 727-319-6303
http://www.ticbook.com
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