6 Inspirational Real Estate Quotes and What We Can Take From Them
“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.
Real estate is an imperishable asset which will over time, no matter how the market fluctuates, will always come back and continue to gain value. Another important aspect behind the quote relates to maintenance and development of the property over time which is key to retaining and gaining value.
“Look at market fluctuations as your friend rather than your enemy; profit from folly rather than participate in it.” —Warren Buffett, business magnate and investor.
It is only natural that there will be changes in property prices over time and Buffet urges the investor to pay attention to the signs and be vigilant. It is best to have your finger on the pulse, in the know and aware of new opportunities, and to be persistent enough to ride out the less lucrative periods. A novice investor may jump overboard but if he stays for the long run it will have all been worth it.
“Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.” —Andrew Carnegie, billionaire industrialist.
Andrew Carnegie, a self-made steel tycoon, philanthropist and one of the wealthiest business people of the 19th century had a firm belief in real estate investment. He saw the best way forward for people to enter the real estate realm sooner rather than later. Real estate provides the highest returns, the greatest values and the least comparable risk in the world of investments.
“Buy land, they’re not making it anymore.” – Samuel Langhorne Clemens AKA Mark Twain, author and entrepreneur.
Mark Twain’s quote refers to the finite resource of land, which will always be in demand. It is only obvious that the earlier you get your piece of land, the more valuable it will become in each locality over time. There is a state of urgency in these words which state an obvious but sometimes overlooked fact. Time is of the essence.
“Don’t wait to buy real estate. Buy real estate and wait.” – Will Rogers, actor and social commentator.
Rogers refers to the long term advantage of holding on to real estate with a solid ROI in mind. As time passes, the value increases. Real estate is the preferred avenue for long term capital building and has outperformed equities on a year to year basis.
“In my experience, in the real estate business past success stories are generally not applicable to new situations. We must continually reinvent ourselves, responding to changing times with innovative new business models.” —Akira Mori, real estate developer.
In this age of technology and connectivity, we need to always be aware of the macroeconomic changes, new trends and other successful investors’ ever-changing modus operandi. One of the latest examples which highlights this era is the opportunity to invest via social investment platforms online across diverse investment classes with little bureaucracy from the comfort of your sofa at home. One cannot be stagnant in these changing times, and there is so much possibility to participate in the market and make yields on investments which were unheard of just a few years ago.