What is a famous quote about property investment?
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” - Franklin D. Roosevelt, U.S. President.
“Invest for the long haul. Don't get too greedy and don't get too scared.” “Waiting helps you as an investor and a lot of people just can't stand to wait. If you didn't get the deferred-gratification gene, you've got to work very hard to overcome that.”
“Owning a home is a keystone of wealth… both financial affluence and emotional security.”
Real estate investing, even on a very small scale, remains a tried and true means of building an individual's cash flow and wealth.
Your financial advisor is the first person you should go to if you're in the early stages of a possible property investment. Before you start looking for properties, it's important to know if you can afford it or not, given your financial status.
"It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price."
The size of your success is measured by the strength of your desire; the size of your dream; and how you handle disappointment along the way.
1) Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world. 2) Buy land, they're not making it anymore. 3) Ninety percent of all millionaires become so through owning real estate.
“Home is the starting place of love, hope and dreams.” “The magic thing about home is that it feels good to leave, and it feels even better to come back.” “Home is where love resides, memories are created, friends always belong, and laughter never ends.”
“Buy land, they're not making it anymore.” - Mark Twain, writer and humorist. “If you're not going to put money in real estate, where else?” - Tamir Sapir, business mogul.
What does Robert Kiyosaki say about buying a house?
According to him, a primary residence takes money away from you. “Instead of putting money in your pocket, it takes money out of your pocket in the form of a mortgage, utility payments, taxes, maintenance, and more,” said Kiyosaki on his Rich Dad Poor Dad blog. “That is the simple definition of a liability.”
Although Kiyosaki is a strong believer in the value of silver, even he doesn't feel as if you should put all of your money into it. Kiyosaki's overriding investment philosophy is that you should primarily invest in assets that provide you with cash right away, like income-generating real estate.
The 1% rule of real estate investing measures the price of an investment property against the gross income it can generate. For a potential investment to pass the 1% rule, its monthly rent must equal at least 1% of the purchase price.
It's called the 2% rule. This applies to any investment, and says that an investor will risk no more than 2% of their available capital on any single investment. In real estate, this means that a property is only a good investment if it will generate at least 2% of the property's purchase price each month in cash flow.
Let's explore the fascinating world of real estate wealth! Donald Bren takes the crown as the wealthiest real estate mogul globally, boasting a staggering net worth of $16.2 billion as of August 2022. His fortune skyrocketed by nearly two billion dollars in just two years.
"Rule No. 1: Never lose money. Rule No. 2: Never forget Rule No. 1."- Warren Buffet.
“When something is important enough, you do it even if the odds are not in your favor.”
- 1. “ To be, or not to be, that is the question.” – William Shakespeare.
- 2. “ I think, therefore I am.” – René Descartes.
- 3. “ The only thing we have to fear is fear itself.” – Franklin D. ...
- 4. “ That which does not kill us makes us stronger.” – Friedrich Nietzsche.
- 5. “ ...
- 6. “ ...
- 7. “ ...
- 8. “
A quitter never wins and a winner never quits. A quitter never wins-and-a winner never quits.
Robert Kiyosaki's annual income varies, but he is estimated to earn around $10 million annually. But how does he make money? His primary income sources are book sales, speaking engagements, real estate, precious metals, cryptocurrency investments, financial education programs, and business ventures.
What is a quote from Rich Dad Poor Dad?
“People who lack internal fortitude often become victims of those who have self- discipline.” “The easy road often becomes hard, and the hard road often becomes easy.” “In today's fast-changing world, it's not so much what you know anymore that counts, because often what you know is old. It is how fast you learn.
There is an old adage, that the three most important words in real estate are 'Location, Location, Location'.
Things like vacations, college expenses, retirement funds, investments or long-term care for an aging parent. Whether these are optional expenses or necessities, these are all strong motivators to excel as a real estate agent.
On its own, real estate offers cash flow, tax breaks, equity building, competitive risk-adjusted returns, and a hedge against inflation. Real estate can also enhance a portfolio by lowering volatility through diversification, whether you invest in physical properties or REITs.
Funny Realtor Quotes
“A real estate agent's favorite game is 'Hide and Seek' – we hide the flaws and seek the best price.” Icon of a house with magnifying glass revealing hidden flaws and a price tag. “Real estate agents: Turning houses into homes since the dawn of time.”
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