Show I REALTY IS SAFEST OF INVESTMENTS I Expert E Discusses the Various Forms of MoneyMaking Opportunities HAS SPECULATIVE ELEMENT NONE OF RISKS OF OTHER LINES FOUND IN REAL ESTATE A great diversity of opinion exists among Salt Lake people as to the value of different methods of investment In real estate and the opinions Of nf realty experts are ire interesting if It not always convincing One of the most prominent real estate brokers 01 or the city is authority for the statement that one of the best Investments Is s for tor an owner of vacant property to erect a building on it and then lease the Improved property on a basis that will i pay for the building and the land at the rate of 7 per cent and permitting the in increase increase crease cr ase In the value of the land to be set aside as aB a profit on the transaction This expert holds that In an Investment two wo essentials are necessary security and certainty of return Of course In many real eal estate investments there also enters the he element of ot speculation Said the broker Many men who own property prefer to o eliminate the speculative feature and andare andare andare are willing to accept a return of from 6 to o 7 per cent for tor a long period upon their land and ethers others buy property which Is Ls under undera a long term lease knowing that under no 10 circumstances can their return be ma materially materially increased In both these cases the lessee assumes all risks as to appreciation appreciation elation or depreciation of the land value Classes of Investments In addition to long term leases the forms of real estate Investment may be divided into the following fallowing classes Those which provide living quarters for people as houses terraces and apart apartments apartments apartments ments and Those In which people work such as stores office buildings and factories The type of Investment varies arles as much In n real estate as in anything else But Buthe the he elements which enter into the choice are security and certainty of return and ando to o these Is added as a rule the speculative element An attractive form of Investment to the owner of vacant vac nt property or that which brings In a low return Is the erection erection erection tion of a factory or mercantile building and leasing to one tenant for a period of fI from rom five tle to fifteen years The usual basis for lor arriving at the yearly rental Is to figure a return of either 6 or 7 per cent centon centon centon on the present land value add enough for deprecation each year ear to wipe out building cost during the term of lease figuring a n yearly Interest charge of 7 per cent on the he average amount of money In the building and to this add an estimated amount of taxes and Insurance Particular Advantages The particular advantage of this form of Investment is that it gives the owner of the land what practically amounts to a 6 per cent Investment plus whatever ap appreciation appreciation appreciation there Is In the value of the theand theland theland land and The kind of property which lends itself to this form of Improvement Is that adjacent to railroads and near business centers and which can be used for garages repair shops printing establish establishments establishments establishments ments and light manufacturing of various kinds The real estate values In any com community com corri community depend upon Its growth and Salt Lake on account of ot its steady increase in population offers many safe Invest Investments Investments investments ments There are just as many man opportunities opportunities opportunities today toda as there ever have been The history of every even country and every city has shown that real estate offers the tho safest security for investment |