Quotes About Property

you never sell investment real estate; you trade it.

To me, the long-term tax advantages and appreciation make real estate the best investment.

There is no substitute for due diligence. To this day, my father reads every lease our firm enters into. Before any building acquisition, every single lease must be reviewed. Yes, there are lawyers involved and that is technically their job, but he believes—and I do, too—that there is nothing like knowing the full story of a property, right down to the basic maintenance contracts.

6. Buy something of equal or greater value. To avoid paying any tax at the time of the exchange, you have to buy property of equal or greater value and reinvest all of the cash.

The real profit is made when real estate is bought, not when it's sold. You need to have a specific value creation strategy for each property, whether that value will be found in operating the real estate in an optimal fashion or whether renovation and/or repositioning can lead to a higher value.

the truth is that most people buy a home because it uniquely reflects their personality and their values.

There is never a wrong time to buy real estate. When times are good, people complain about the deals they have missed. When times are bad, they claim they can't buy at the top thinking that prices will fall and, therefore, it's not a good investment.

Real estate is still a local business because the real estate is local, and the company whose

When I sold the house years later, it was the best return on investment I ever experienced.

Real estate auctions offer benefits to real estate investors, whether they are buying or selling.

Buying and holding real estate can create bigger long-term gains.

When you are purchasing real estate, the three most important rules remain: location, location, location.

Reinvest and upgrade. Always upgrade your real estate inventory by buying something better after you sell, while reinvesting your earnings with 1031 Exchanges.

Code Section 1031 lets taxpayers roll the gain from the sale of their old investment property over to their new investment property; therefore, they do not have to pay capital gains tax on the increase at that time. This is one of the tremendous advantages of owning real estate over owning stocks and bonds because there is no comparable code section for stocks and bonds.

Equally important, John Schaub (author of Building Wealth One House at a Time [McGraw-Hill, 2004]) and Jack Miller taught me that single-family rental houses are the best investment for the average investor because houses are so easy to buy, finance, manage, and profitably sell.

When people ask how they can start buying buildings or what a good strategy might entail, we always suggest that they pick a neighborhood where they would like to own property and get to know that neighborhood better than anyone else.

you make your money in real estate when you buy it, not when you sell it.

There you go. Now you know what you're really selling. You're really selling a worry-free home.

ufficio catasto

if someone with mal intent enters our property, they have declared war on our family.

She remembered her own mother tucking her into bed and explaining the reality of life in Rhodesia: if someone with mal intent enters our property, they have declared war on our family.

Property is often left on the trains of the London Underground. Unusual items that have found their way into the lost property office include a coffin, a samurai sword, a stuffed puffer fish and a human skull.

The true patriot scrutinizes the actions of his own government with unceasing vigilance. And when his government violates the morality and rightness associated with principles of individual freedom and private property, he immediately rises in opposition to his government.

The lesson that Americans today have forgotten or never learned -- the lesson which our ancestors tried so hard to teach -- is that the greatest threat to our lives, liberty, property, and security is not some foreign government, as our rulers so often tell us. The greatest threat to our freedom and well-being lies with our own government!.