Tips to Start Investing in Real Estate

October 28, 2019 at 8:50 pmCategory:Uncategorized

In the investment world, different investments demonstrate various levels of liquidity, yield and risk. Thus, the investor can choose which type of stock suits him best, depending on his profile. Investing in real estate funds, in turn, has become an increasingly common gamble – not for no good reason.

For those who want to raise money with real estate, consulting with Casey Ryan Richards is a great idea.

So now that you know a little more about real estate investment, do you want to know how to invest your money? Keep reading this post check out our tips!

  1. Know the value of the property

Simply put, investing in the stock market means investing your money in a stock that will pay off later. Investors should therefore study market trends and the history of a particular stock to know its value.

In the case of real estate, however, stipulating the real value of a property is considerably simpler. Therefore, a very important tip is to survey this information before investing your resources.

Also, make a good survey of the real estate earnings to get a sense of its ability to bring in returns.

  1. Know which type of property to invest in

When we talk about investing in real estate, it should be remembered that there are many different types of real estate. Amounts can be applied to both in-plant and used real estate, for example, as well as land and shopping malls.

How to choose which one to invest in? As most questions end up involving investments, the answer varies depending on the investor profile.

Original from https://www.digimarkcentral.com/tips-to-start-investing-in-real-estate/

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Financial Freedom with Real Estate Investing

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October 14, 2019 at 11:59 pmCategory:Recommended Books

Financial Freedom with Real Estate Investing: The Blueprint To Quitting Your Job With Real Estate – Even Without Experience Or Cash by Michael Blank is both a ‘how to’ and a bracing bit of financial self-help. 

Michael Blank, according to his bio and the book’s introduction, is an ex programmer, would-be restauranteur and a seasoned investor who’s lived both near catastrophic failure and phenomenal success. He sets out a strong case that for those looking to retire from their jobs and live on passive income from their property, multi-family apartment blocks provide the most time and cost-efficient solution, relative to flipping single-family homes.

Blank then both guides and cheerleads the potential novice property investor through his three-stage process: 1. raising the funds for that all-important first deal, without relying on personal savings, 2: How to interact with brokers as a serious buyer and build the right team of advisors or coaches, 3. Rapid analysis of potential deals and making offers in 10 minutes. Though the latter may seem implausible, it offers a systematic way of deciding whether an offer is worth making and is illustrated with a clear set of examples.

He also discusses in detail the potential pitfalls: again here borrowing from other self-help texts. The essential messages include not allowing perfectionism to lead to paralysis, looking outside of one’s local area for the best apartment deals. Playing Devil’s advocate, Blank also reviews cases in which single-family homes might be the better option and how to make flipping houses contribute to the dream of achieving a viable passive income.

Written in a straightforward, conversational style that assumes no prior property investment experience, Blank borrows from other texts in the financial ‘self-help’ genre, most notably the extreme budgeting of Rich Dad, Poor Dad, by Robert Kiyosaki and Sharon Lechter, in his use of real-life case studies interwoven with statistics and mathematical models, lest anyone break out into a cold sweat at the thought of serious number-crunching. He also references this book directly, as a means to entering the correct mindset for investing with a view to living on passive rental income.

Blank’s text also contains plenty of links to his own webpage and worksheets. These include aids to decision making, in preparing a marketing packing to present to potential co-investors and tools for analysis, the book contains information and motivation, without engaging in hard selling of his other books or his coaching endeavours to the reader.

In all, Financial Freedom with Real Estate Investing: The Blueprint To Quitting Your Job With Real Estate – Even Without Experience Or Cash proves a useful, informative and practical addition to any potential property investor’s reference library.     

Summary by Casey Ryan Richards

Real Estate Investing

October 13, 2019 at 4:17 pmCategory:Uncategorized

Why Real Estate Investing is the Best Way to Become Rich

In fact, real estate is one industry that has most likely produced more wealth than other industries. Despite this, some people remain skeptical about real estate. Are you one of these skeptics, and you are interested in finding out if investing in real estate is a good idea? 

Continue reading to learn why real estate is considered the best way to build wealth. 

Significant Capital or Credit

Even if you’re just starting out, you can become rich through real estate, because it doesn’t require significant capital or high credit. With just a few hundred dollars, you can go for distressed properties or lower-priced homes and flipping contracts. Of course, with low capital, you’d have to find other investors or hard-money lenders who can help you push deals.

Plus, even if you have a poor credit, you can still move high up the ladder in real estate if you are committed. In fact, many successful and wealthy real estate investors started with poor credit or even no credit. 


What’s more, most people get deterred from real estate because of the misconception that major assets are needed before purchasing a piece of property or securing a contract. While you don’t need major assets to get started in real estate, you have to have an understanding of how creative financing works. 

Several Profit Avenues in Real Estate

Another reason real estate is regarded as the best way to become rich is because there are several ways through which money can be made in real estate. With stocks, you can only make money if the value of the stock appreciates, and you sell it at the best market time. 

Here are some of the ways to turn profits in real estate

  • Rental Income: Also known as buy-and-hold investment, rentals are one of the popular methods for making money in real estate. People will always need a place to live and work, and that means you can keep making money from a rental property. 

However, before investing in a rental property, you have to conduct thorough research, keeping location, property type, and your budget in mind. Location, in particular, is everything when it comes to real estate. It determines your ability to quickly get tenants for the property, as well as how the property’s value increases overtime. 

In fact, the location is of more importance than the current state of the property in question. This is because the location is a constant; you can always renovate the property, but you can’t change the location. 

  • Buying Low: If you can buy a property under market value, you can turn an instant profit. You can get a property at below market price in the event of a foreclosure, quick sale, or if you have excellent negotiation skills.
  • Lease Options: This is another great way to get involved in real estate without having great credit or a significant amount of capital at the outset. This involves leasing the property with an option to buy, and it works best when the real estate market is on the uprise. This is because you set a price to purchase the property at a later date, regardless of the market value of the property at that date. 
  • Contract Flipping: What this involves is bringing a motivated buyer and distressed buyer together for a sale. Once you’ve identified the buyers and sellers beforehand, you can enter into a contract confidently.
  • Vacation Rentals: This is quite a lucrative method of turning profits in real estate. If you’re interested in building a substantial stream of passive income, vacation rentals are a great idea. The key is getting a vacation rental property in a tourist hotbed. 
  • Equity Increase: If you take out a mortgage to finance a rental, you’d be increasing your equity with each mortgage payment you make. If you put down 25% on a rental, and your mortgage payment stands at 33%, the 8% ( 33% minus 25%) comes from paid rents, and it increases your net worth monthly. 
  • Leverage and Returns: Regardless of if you have a 20% down on a property, the rental income you receive will still be based on 100% of the property value. So, if your property is worth $200,000, and you charge $1500 in rent with $1000 going on mortgage, taxes, and fees. After making these payments, you’d still have $500 profit on the $40,000 you paid down. That’s $6000 a year! The bigger the leverage, the bigger your returns.

Real Estate Leverage

Real estate leverage is less riskier than stock leverage. Stocks, especially currencies and penny stocks, are volatile. Ups and downs in the stock market can greatly affect your income, and if the shares go down, your whole account balance could even be wiped out. 

In real estate, however, you can make deposit on a property with little capital, and rent it out. If you have tenants in your property, you never really have to bother about the ups and downs of the market. As long as your tenants pay on time, and you are able to keep meeting your monthly mortgage repayments, your stream of income is safe. If there are no tenants in the property for a while, you will have to make the mortgage repayment yourself. Though getting the money to make the payment yourself might not be easy, this is a far better option than seeing your entire trading account wiped out. 

Bottomline

The truth is how to make money from real estate investment depends on YOU. The profits from your investment will be as a result of your commitment, research, effort to renovate, screen for proper years, and keep the property up in the long run. Even if you have a negative equity, real estate will provide you with monthly rents for covering the mortgage. And in an economic turmoil, when banks deny first-time buyers mortgages and houses get foreclosed, you will have more potential tenants. So, irrespective of if the market is good or bad, you can keep cashing out in real estate. 

Casey Ryan Richards
October 13th, 2019