Quotes About Real estate

Don't buy the house; buy the neighborhood.

Fools build houses, and wise men buy them.

As things mature - whether they be real estate, rock n' roll, politics, festivals, radio - there's an efficiency that develops, and with it, very often, comes some soul-crushing truths.

When I started making money, I immediately began buying property and fixing it up. I was always searching for the next neighborhood. The first place I bought when I was 19. I found a huge loft on the Lower East Side, almost 3,500 square feet. I did it up, turned it over, and sold it.

An example of good debt is the debt on the apartment houses I own. That debt is good only as long as there are tenants to pay my mortgages. If tenants stop paying their rent, my good debt turns into bad debt.

I never thought I'd be doing TV shows about real estate.

I love the whole of California, I have places... my whole thing is with all the money I make, I just want to buy as many places in California as I can because I love it.

One morning, a real estate developer named Robert Maguire came for a meeting at the ARCO offices. He stood by a window and looked down on the library and the shambles it was becoming. At that moment, he made a decision to do what he could to fix it.

Once you have a trust, you must decide what assets to put inside the trust. This is called funding the trust, and it requires changing the title of ownership of that asset to the trust. Common assets that you will want to consider owning inside the trust include any real estate you own, and bank and investment accounts that are not retirement accounts.

When I saw houses in Palmdale going for $500K, I knew something was wrong. If you got foreclosed, I don't feel sorry for you!

We love renovating spaces to maximize a home's equity.

The ownership of land is an odd thing when you come to think of it. How deep, after all, can it go?

We will just resent whatever cost and inconvenience the regulations impose, totally unaware that those precautions may have prevented a debt crisis or a real estate crash.

All accounts of the crisis document a chain of events in which rising real estate prices led to reckless borrowing and ultimately the equivalent of a modern bank run.

were a lot of bad actors). Let's start at the bottom: too many people borrowed too much money to buy real estate.

The typical real estate purchase was far more leveraged than the stocks purchased on margin in the run up to the 1929 crash. Putting 5 percent down on a house means the other 95 percent is borrowed.

Some financial advisers say anyone who may move in less than seven years should not take out a reverse mortgage.

Opt for a fixed-rate rather than an adjustable-rate mortgage.

All homeowners in America may deduct mortgage interest on their first and second homes.

Ever since the millennial crash, the United States has been buffeted by currency shocks, interest-rate gyrations, and financial device bubbles. Government fashions move "investment" from real estate consumption to climate distractions. It was technology alone that saved the world economy.

Oil-futures trading has risen by a factor of one hundred in some three decades, from 10 percent of oil output in 1984 to ten times oil output in 2015. Derivatives on real estate are now nine times global GDP. That's not capitalism, that's hypertrophy of finance.

That which is built upon the land goes with the land.

I figured out that for every dollar I made trading, 30 percent was going to the government, 30 percent was going to support my planes, and 20 percent was going to support my real estate. So I finally decided to sell everything.

A typical day in my writing life starts with looking at pictures of real estate online for at least 20 minutes. If I happen to be actually in the market for a house, I do this for 40 minutes. Then I walk my dog, come back home, and tell myself I can look at real estate for another five minutes.