A Houston, Texas-based business owner with more than a decade of sales experience, Joshua Frank was elected by the Deep East Texas S and V LLC board of directors to serve as the CEO in April 2020 and subsequently led the company to record sales. He joined the Houston-area consumer electronics company in 2008 as a sales consultant and became a partner within six months. Joshua Frank was a member of the top sales team for several years in a row and Salesman of the Year for several more years. In addition to his sales experience and expertise, Joshua Frank is a skilled sales management mentor who has researched, studied, and spent more than 10,000 hours training sales and management techniques to over 100 employees. He also regularly researches and tests various brands of consumer electronics, including home theater systems, automation, and security products. Further, he keeps up with industry news and innovation by regularly attending consumer electronics trade shows throughout the United States, including the Consumer Electronics Show (CES) in Las Vegas. In his free time, he enjoys hiking, homesteading, and woodworking.
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The “We are the 99%” Tumblr blog became the slogan for the Occupy Wall Street movement.
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Hands-Free Real Estate Investment
Real estate investment trusts (REITs) and real estate investment groups (REIGs) are popular hands-free approaches to owning real estate. In REITs, companies pool funds from various investors to acquire and develop properties. These entities mainly invest in office spaces, shopping centers, hotels, and malls on behalf of the investors. Individuals can invest money and enjoy property ownership without worrying about managerial work. The company handles tasks such as advertising available spaces, conducting tenant interviews, collecting rent, and overseeing maintenance. Investors receive monthly dividends from REITs, usually over 90 percent of the profits after taxes. This feature makes REITs attractive investment choices for retirees.
In REIGs, companies acquire and develop assets before inviting investors. Investors become members by investing a specific amount. They subsequently enjoy monthly dividends. The company deducts a small percentage to cover routine management services and a small portion from each investor's dividends to cover unexpected vacancies. This approach ensures that investors receive regular dividends even when some units are unoccupied. Investors shouldcarefully scrutinize the companies managing REIGs since unethical management practices can lead to high vacancy rates and losses.
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