I'm your cash-heavy friend: Pitch me

[Chase Hoover]

You have an extended family member, friend, or other connection that has some cash in the bank.  They have mentioned wanting to invest in something besides the stock market, but have no experience or desire to actively control real estate.  They know you are a real estate investor and they have shown interest in investing in one of your projects.

What sort of investment would you pitch them on, and how would you clearly explain how they make a return on their investment?

[Kent Leach]

I would pitch them on affordable housing. Even with government involvement through LIHTC there is a huge shortage of affordable housing units in this country. Once someone breaks the sound barrier of developing affordable housing inexpensively, it's on. 

There will be no limit to the number of communities offering tax incentives to house their working class citizens. True recession-proof investments housing the backbone of America's economy. Sorry, don't have time to pitch any longer!