Answer: Although the young Ray began to lose his sight at the age of five, not long after witnessing his brother's drowning, his eventual blindness by the age of seven was medical, not traumatic.
Real estate investing. Real estate investing involves the purchase, ownership, management, rental and/or sale of real estate for profit.[1] Improvement of realty property as part of a real estate investment strategy is generally considered to be a sub-specialty of real estate investing called real estate development. Real estate is an asset form with limited liquidity relative to other investments, it is also capital intensive (although capital may be gained through mortgage leverage) and is highly cash flow dependent.
Real estate developers are the people and companies who coordinate all of these activities, converting ideas from paper to real property.[1] Real estate development is different from construction, although many developers also manage the construction process.