Is Real Estate Still a Profitable Venture?

April 27, 2022 at 10:25 amCategory:Real Estate

Do you dream of making a lot of money from investing? Or you are already an investor but have not been able to grow your portfolio much? You are not alone. This article is based on Casey Ryan Richards insights and will give you the scoop on what makes investing in properties such a great way to earn passive income.

Is Real Estate Dead?

Even though the real estate market is not what it once was, Casey Ryan argues that it is not dead yet! Research states that by 2030, the size of the real estate market will reach 14.6 billion U.S. dollars. If you want to invest your money and get a decent return, investing now is an excellent opportunity. But, before you get into any transaction, consider what’s best for you. These factors include geography, time, market circumstances, and more.

Why Is It Still Relevant?

Real estate provides investors with two benefits that they cannot get elsewhere: passive income and tax benefits. It is an excellent method of generating passive money. You can also enjoy tax benefits. There are many different types of real estate spending, depending on the investment niche.

As Casey Ryan Richards points out below, there are many reasons why investing in real estate is still profitable.

Passive Income

The most attractive benefit of property investing is its ability to generate passive income. Passive income means that you don’t have to work hard to earn money. 

Tax Exemption

The tax exemption can be defined as the property that is exempt from paying taxes. Different types of exemptions exist today. Some of them include homestead exemptions, agricultural exemptions, and business property exemptions.

Low Maintenance

Real estate is great because you don’t need to worry about oil changes, regular maintenance, or even tires. All you need to do is pay the rent and collect the checks.


Leverage is the ability to borrow money at low-interest rates. It allows you to buy properties that may not have been affordable without borrowing extra funds.  

Increasing Appreciation

Well-planned renovations may increase the value of a home. These renovations do not have to be extensive. If you’re looking to boost its value, not all renovations enhance the home’s worth.  

Financial Stability

Many people use investing as a means of enhancing their retirement income. When you invest for the long run, you know you’re getting a rising asset that improves your income.

Additional Tips If You Want to Start Small

  1. Buy an affordable property, fix it up, and sell it at a higher price.
  2. Become a broker and earn commissions from buyers and sellers.
  3. Pay your mortgage with the rental money.
  4. You may purchase a real estate investment trust (REIT).

Things to Consider Before Investing

The final section ‌of this ‌‌article contains some steps that Casey Ryan Richards claims should not be overlooked.

  1. The Importance of Location
  2. Understanding the Market
  3. Choosing the Right Property
  4. Finding a real estate agent
  5. Negotiating the Contract
  6. Monitor price trends and be prepared for a market correction
  7. Learn more about the latest developments In real estate investing

ConclusionIn conclusion, if you are looking to build your portfolio and make more money, real estate is still a profitable venture. But, like anything else, there are certain things that you should pay attention to if you want to be successful. You can prepare to invest in real estate by following Casey Ryan Richard‘s words of advice mentioned above in this article.

Financial Freedom with Real Estate Investing

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 endeavors 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