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At Mayflower-Plymouth, we are excited to invest in the evolution of a lot of different industries from IP to E-commerce to Transportation to Real Estate and more. But in every case, the goal is to add value and make things better. We are an investment company with soul and with purpose.
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Hendrith Vanlon Smith Jr.
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The best real estate investments with the highest yields are in working-class neighborhoods, because fancy properties are overpriced.
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Brian Linnekens
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(Technically, I was a part owner of that noodle shop. What? Renowned interdimensional storytellers can’t invest in a little real estate now and then?)
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Brandon Sanderson (Yumi and the Nightmare Painter)
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Real estate investing, even on a very small scale, remains a tried and true means of building an individual's cash flow and wealth.
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Robert T. Kiyosaki
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Life itself is so extraordinary and unique that the only thing keeping people ordinary is themselves.
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Brandon Turner (The Book on Rental Property Investing: How to Create Wealth and Passive Income Through Smart Buy & Hold Real Estate Investing)
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With small companies, my investment strategy is to be out of the stock in a year. My real estate strategy, on the other hand, is to start small and keep trading the properties up for bigger properties and, therefore, delaying paying taxes on the gain. This allows the value to increase dramatically. I generally hold real estate less than seven years.
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Robert T. Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!: What the Rich Teach Their Kids About Money That the Poor and the Middle Class Do Not)
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A good solution applied with vigor now is better than a perfect solution applied 10 minutes later" Gen. George Patton,
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Walter Danley (The Tipping Point)
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Real estate is the best investment on earth, however, when the music stops playing, which happens occasionally, don't be the one left without a chair.
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Steven Ivy - Attorney Entrepreneur
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Having a coach or mentor is nothing more than sharing life’s experiences, no amount of education can substitute true life experience
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Lachlan McPherson
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Our home is our castle, our sanctuary, our haven of safety. It is where we can just be, create, and enjoy the pleasures of life. Jewel Star
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Jewel Star (7 MAGIC KEYS TO BUYING A HOME: What You Need to Know for Savvy Home Buying)
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You need to have a Why
Having a “Why” whatever it is, becomes food. It makes your dreams become more urgent.
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George Schiaffino (Making Millions by Helping Millions)
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Men are fools to invest in real estate.
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Basil Bunting
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We do not need to be rational and scientific when it comes to the details of our daily life—only in those that can harm us and threaten our survival. Modern life seems to invite us to do the exact opposite; become extremely realistic and intellectual when it comes to such matters as religion and personal behavior, yet as irrational as possible when it comes to matters ruled by randomness (say, portfolio or real estate investments). I have encountered colleagues, “rational,” no-nonsense people, who do not understand why I cherish the poetry of Baudelaire and Saint-John Perse or obscure (and often impenetrable) writers like Elias Canetti, J. L. Borges, or Walter Benjamin. Yet they get sucked into listening to the “analyses” of a television “guru,” or into buying the stock of a company they know absolutely nothing about, based on tips by neighbors who drive expensive cars.
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Nassim Nicholas Taleb (Fooled by Randomness: The Hidden Role of Chance in Life and in the Markets)
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In Haiti, untitled rural and urban real estate holdings are together worth some 5.2 billion. To put that sum in context, it is four times the total of all the assets of all the legally operating companies in Haiti, nine times the value of all assets owned by the government, and 158 times the value of all foreign direct investment in Haiti's recorded history to 1995.
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Hernando de Soto (The Mystery of Capital: Why Capitalism Triumphs in the West and Fails Everywhere Else)
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I’m not against real estate investments, but I’m against investing the bank’s money.
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Celso Cukierkorn (Secrets of Jewish Wealth Revealed!)
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As you build your real estate empire, don’t get lost in greed and ambition. Whether through your money, your time, your knowledge, or something else: give back.
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Brandon Turner (How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started)
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Having goals is great--but it's not enough! You need action, too! You will need to get off your butt and change the world yourself, because no one else will do it for you.
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Brandon Turner (The Book on Rental Property Investing: How to Create Wealth and Passive Income Through Smart Buy & Hold Real Estate Investing)
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Don't wait to buy real estate. Buy real estate and wait
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Will Rogers
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Remember the story of the tortoise and the hare? While many investors have ‘sprinted’ toward their investment goals, success is most often found by consistent action, not big action.
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Brandon Turner (How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started)
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Whether you're the manager of a restaurant, a bar, a school, a construction company, an investment fund or a real estate management firm - leadership is critical to moving the business forward.
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Hendrith Vanlon Smith Jr. (Business Leadership: The Key Elements)
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There will come a day when the properties my partner and I own will be sold. But until that day, the cash flow generated from them, and their appreciation in value, ensures that we have the ability to do the things we love today, and in the future.
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Ken McElroy (The ABCs of Real Estate Investing: The Secrets of Finding Hidden Profits Most Investors Miss (Rich Dad's Advisors))
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home buyers sometimes make the mistake of focusing on home acquisition as an investment and overlook quality-of-life factors such as proximity to schools, parks, extended family, and work—all of which are the aspects of daily life that make for a healthy, safe, and comfortable home.
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Donald J. Trump (Trump: The Best Real Estate Advice I Ever Received: 100 Top Experts Share Their Strategies)
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Fidelity surveyed a group with at least $1 million investment assets excluding real estate and retirement. 42% of them did not FEEL wealthy.
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Christopher Hayes (Twilight of the Elites: America After Meritocracy)
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Real estate investing can make you wealthy, and it can make you wealthy faster than any other investment out there, if you are willing to work toward it. And that’s the key: work.
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Brandon Turner (How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started)
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Today I get 100 times more done with 100 times less effort. What’s my secret? I learned to stop being a cadet and start being a general.
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Joshua Dorkin (How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started)
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One common factor among all rich people on earth is that they all invest in earth.
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Amit Kalantri
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The most profitable investment on the land is land.
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Amit Kalantri
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The greater the passive income you can build, the freer you will become.
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Todd M. Fleming
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Let your job pay for your apartments and your apartments pay for your lifestyle
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Gino Barbaro (Wheelbarrow Profits: How To Create Passive Income, Build Wealth, And Take Control Of Your Destiny Through Multifamily Real Estate Investing)
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The best sponsors begin every relationship by being as interested about you as you are about them.
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Brian Burke (The Hands-Off Investor: An Insider’s Guide to Investing in Passive Real Estate Syndications)
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Only an income-producing possession, such as a stock, bond, or working piece of real estate is a true investment.
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William J. Bernstein (The Four Pillars of Investing: Lessons for Building a Winning Portfolio)
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most millionaires generally don’t limit themselves to stocks, bonds, and related investments—they invest heavily in private businesses and real estate.
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Thomas J. Stanley (The Millionaire Mind (Millionaire Set))
Phil Champagne (Hammock Income: How to have your money work best for you through private real estate investment)
Phil Champagne (Hammock Income: How to have your money work best for you through private real estate investment)
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Most people think buying is investing, but they’re wrong. Buying doesn’t make you an investor any more than buying groceries makes you a chef.
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Gary Keller (The Millionaire Real Estate Investor)
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A great real estate agent don't sells, he helps.
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Amit Kalantri
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A good real estate agent sells himself before he sells his services.
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Amit Kalantri
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To live a bigger life, you need to learn how to be a bigger human being.
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Matt Faircloth (Raising Private Capital: Building Your Real Estate Empire Using Other People's Money)
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A goal without a plan is just a wish.” —ANTOINE DE SAINT-EXUPERY
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Brandon Turner (The Book on Rental Property Investing: How to Create Wealth With Intelligent Buy and Hold Real Estate Investing)
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Make your money on the buy, not the sell; this is true in any investment whether it's real estate, business, or the stock market.
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Ziad K. Abdelnour (Economic Warfare: Secrets of Wealth Creation in the Age of Welfare Politics)
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marketing is expanding your sphere of influence to your target audience in order to propel your business forward.
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Dwayne Brown (Real Estate Investing: Real Estate Investing Secrets - The Beginner's Guide to Make Money FAST (Real Estate Investment, Flipping Houses, Real Estate Wholesaling, ... Investing, Flip Real Estate, Flip a House))
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But money doesn’t work in the sense that labor or tangible capital expends
effort to produce commodities. Credit is debt, and debt extracts interest. Financial salesmen who promise investors, “Make your money work for you” actually mean that society should work for the creditors — and that means for the banks that create credit.
The effect is to turn the economic surplus into a flow of interest payments, diverting revenue from tangible capital investment. As the economy’s reproductive powers are dried up, the financialization process is kept going by easing credit terms and lending — not to produce more goods and services, but to bid up prices for the real estate, stocks and bonds being pledged as collateral for larger and larger loans.
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Michael Hudson (The Bubble and Beyond)
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Real estate is attractive because it leads people closer to financial independence—the ability to live life on one’s own terms, rather than simply earning enough to pay bills and survive.
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Joshua Dorkin (How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started)
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Our primary objective in every mortgage transaction should be to borrow in a way that reduces debt, improves financial stability, and helps us get debt free in as short a time as possible!
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Dale Vermillion (Navigating the Mortgage Maze: The Simple Truth About Financing Your Home)
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Let me share with you one of my all-time favorite quotes. Michael Jordan (yes, that Michael Jordan) once said, “Some people want it to happen. Some wish it would happen. Others make it happen.
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Brandon Turner (The Book on Rental Property Investing: How to Create Wealth and Passive Income Through Smart Buy & Hold Real Estate Investing)
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The motivation for taking on debt is to buy assets or claims rising in price. Over the past half-century the aim of financial investment has been less to earn profits on tangible capital investment than to generate “capital” gains (most of which take the form of debt-leveraged land prices, not industrial capital). Annual price gains for property, stocks and bonds far outstrip the reported real estate rents, corporate profits and disposable personal income after paying for essential non-discretionary spending, headed by FIRE [Finance, Insurance, Real Estate]-sector charges.
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Michael Hudson (The Bubble and Beyond)
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With real assets, everything is different. The price of real estate, like the price of shares of stock or parts of a company or investments in a mutual fund, generally rises at least as rapidly as the consumer price index.
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Thomas Piketty (Capital in the Twenty-First Century)
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How do you solve a problem as old as the United States? Gentrification may be a relatively recent phenomenon, but as geographer Neil Smith notes, it's really just the continuation of the 'locational seesaw' - capital moves to one place seeking high profits, then, when that place becomes less profitable, it moves to another place. The real estate industry is always looking for new markets in which it can revitalize its profit rate. Fifty years ago that place was suburbs. Today it's cities. But that's only half the explanation for gentrification. In order to understand why cities are so attractive to invest in, it's important to understand what made them bargains for real estate speculators in the first place. It may sound obvious, but gentrification could not happen without something to gentrify. Truly equitable geographies would be largely un-gentrifiable ones. So first, geographies have to be made unequal.
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P.E. Moskowitz (How to Kill a City: Gentrification, Inequality, and the Fight for the Neighborhood)
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Commercial loans serve various purposes, from financing expansion and working capital to equipment acquisition and real estate investment – They’re a very important part of the capital ecosystem of the world, and of its individual nations.
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Hendrith Vanlon Smith Jr.
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The problem with fiat is that simply maintaining the wealth you already own requires significant active management and expert decision-making. You need to develop expertise in portfolio allocation, risk management, stock and bond valuation, real estate markets, credit markets, global macro trends, national and international monetary policy, commodity markets, geopolitics, and many other arcane and highly specialized fields in order to make informed investment decisions that allow you to maintain the wealth you already earned. You effectively need to earn your money twice with fiat, once when you work for it, and once when you invest it to beat inflation. The simple gold coin saved you from all of this before fiat.
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Saifedean Ammous (The Fiat Standard: The Debt Slavery Alternative to Human Civilization)
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One of my greatest fears is family decline.There’s an old Chinese saying that “prosperity can never last for three generations.” I’ll bet that if someone with empirical skills conducted a longitudinal survey about intergenerational performance, they’d find a remarkably common pattern among Chinese immigrants fortunate enough to have come to the United States as graduate students or skilled workers over the last fifty years. The pattern would go something like this: • The immigrant generation (like my parents) is the hardest-working. Many will have started off in the United States almost penniless, but they will work nonstop until they become successful engineers, scientists, doctors, academics, or businesspeople. As parents, they will be extremely strict and rabidly thrifty. (“Don’t throw out those leftovers! Why are you using so much dishwasher liquid?You don’t need a beauty salon—I can cut your hair even nicer.”) They will invest in real estate. They will not drink much. Everything they do and earn will go toward their children’s education and future. • The next generation (mine), the first to be born in America, will typically be high-achieving. They will usually play the piano and/or violin.They will attend an Ivy League or Top Ten university. They will tend to be professionals—lawyers, doctors, bankers, television anchors—and surpass their parents in income, but that’s partly because they started off with more money and because their parents invested so much in them. They will be less frugal than their parents. They will enjoy cocktails. If they are female, they will often marry a white person. Whether male or female, they will not be as strict with their children as their parents were with them. • The next generation (Sophia and Lulu’s) is the one I spend nights lying awake worrying about. Because of the hard work of their parents and grandparents, this generation will be born into the great comforts of the upper middle class. Even as children they will own many hardcover books (an almost criminal luxury from the point of view of immigrant parents). They will have wealthy friends who get paid for B-pluses.They may or may not attend private schools, but in either case they will expect expensive, brand-name clothes. Finally and most problematically, they will feel that they have individual rights guaranteed by the U.S. Constitution and therefore be much more likely to disobey their parents and ignore career advice. In short, all factors point to this generation
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Amy Chua (Battle Hymn of the Tiger Mother)
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seldom list my formal academic credentials because, honestly, I don’t think they are important. I have met so many broke people with financial credentials that I almost think it discredits me to have had formal training. Yes, I have a degree in finance. Yes, I have been or am licensed in real estate, insurance, and investments. Yes, I do have many of the stupid letters to put after my name. But the thing that qualifies me most to teach about money is that I have done stupid things with zeros on the end. I have been there, done that. I have a PhD in D-U-M-B.
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Dave Ramsey (The Total Money Makeover: A Proven Plan for Financial Fitness)
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For example, “1031” is jargon for Section 1031 of the Internal Revenue Code, which allows a seller to delay paying taxes on a piece of real estate that is sold for a capital gain through an exchange for a more expensive piece of real estate. Real estate is one investment vehicle that allows such a great tax advantage.
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Robert T. Kiyosaki (Rich Dad Poor Dad: What the Rich Teach Their Kids About Money-That the Poor and the Middle Class Do Not!: What the Rich Teach Their Kids About Money That the Poor and the Middle Class Do Not)
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From an asset-allocation perspective, when we talk about diversification, we're talking about investing in multiple asset classes. There are six that I think are really important and they are US stocks, US Treasury bonds, US Treasure inflation-protected securities [TIPS], foreign developed equities, foreign emerging-market equities and real estate investment trusts [REITS]. p473
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Tony Robbins (MONEY Master the Game: 7 Simple Steps to Financial Freedom (Tony Robbins Financial Freedom Series))
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. John Bonavia is one real estate entrepreneur who has worked hard to get a successful fortune in real estate. His plans and strategies have helped in getting the best deals to the desk along with attracting potential buyers for his properties. When we talk about the real estate market it is very important as a beginner or a previous investor to know which market you are investing in.
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john bonavia
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Americans tend to see themselves in control of their fate, while Chinese see fate as something external,” Lam, the professor, said. “To alter fate, the Chinese feel they need to do things to acquire more luck.” In surveys, Chinese casino gamblers tend to view bets as investments and investments as bets. The stock market and real estate, in the Chinese view, are scarcely different from a casino. The behavioral scientists Elke Weber and Christopher Hsee have compared Chinese and American approaches to financial risk. In a series of experiments, they found that Chinese investors overwhelmingly described themselves as more cautious than Americans. But when they were tested—with a series of hypothetical financial decisions—the stereotype proved wrong, and the Chinese were found to take consistently larger risks than Americans of comparable wealth.
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Evan Osnos (Age of Ambition: Chasing Fortune, Truth, and Faith in the New China)
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He had envisioned a river of rent payments from apartments and businesses that would eventually pay off his financiers and yield millions of dollars in net revenues even as inflation drove up the value of the property. This formula—investment + time = revenue and higher value—was the magic of real estate. By following it, Fred Trump had amassed assets that allowed him to develop ever bigger projects while simultaneously reducing the risk to his personal fortune.
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Michael D'Antonio (Never Enough: Donald Trump and the Pursuit of Success)
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If you've thought that investment advisors were hired to invest, you may be bewildered by this technique. After buying a farm, would a rational owner next order his real estate agent to start selling off pieces of it whenever a neighboring property was sold at a lower price? Or would you sell your house to whatever bidder was available at 9:31 on some morning merely because at 9:30 a similar house sold for less than it would have brought on the previous day? p213
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Warren Buffett (Berkshire Hathaway Letters to Shareholders)
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Progressives want to take over all the major industries, from education to health care to energy to automobiles to investment banking to real estate. From Wall Street to Silicon Valley, they want, as my fellow inmates like to say, “the whole enchilada.” This is not to say that progressives intend to seize all that wealth, but they do want to control it. Progressives generally can’t create wealth, so they seek to take it over once it has been created by someone else. They do this through the various agencies of government, such as the IRS, the FBI, the EPA, the FCC, the FDA, the BLM, and HHS. Certainly progressive leaders intend to become fantastically rich while pretending to serve the public good—look at the way the Obamas and the Clintons live—but their ultimate goal isn’t just money: it is also power. Progressives like Obama and Hillary want to wrest control of the levers of society so that they can run things for their own benefit, and do what they want without restraint, above the law.
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Dinesh D'Souza (Stealing America: What My Experience with Criminal Gangs Taught Me about Obama, Hillary, and the Democratic Party)
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Though domestic black money is an expression of no-confidence in the government of India, some part of the domestic black money is used in productive activities like real estate, trade, construction, mining, transport, restaurants and other businesses. As previously stated, illicit money kept abroad is a no-confidence vote in India itself—its stability and its people. The illicit money kept in tax havens abroad is, by and large, not used for domestic purposes unless it is round-tripped through share markets or foreign direct investment (FDI) to domestic operations.
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R. Vaidyanathan (A Brief Introduction to Black Money)
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In the real world of globalised finance, where investment portfolios for the major centres are combined, where the markets (stock, bond, money, real estate, government securities, forex and commodities) tick almost round-the-clock from Tokyo Monday morning to New York Friday 5 pm, via London, Frankfurt, etc, in between (and the digital books are passed at the appropriate times), tracking such practices as “round tripping” – discovering the real footprints – is going to be exceedingly difficult. It would be better to focus on tracing the footprints of the black incomes where they are generated, i e, in India itself.
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Anonymous
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Since when is solitude one of the Seven Deadly Sins? But to a fellow evangelical, McHugh's sense of spiritual failure would make perfect sense. Contemporary evangelicalism says that every person you fail to meet and proselytize is another soul you might have saved. It also emphasizes building community among confirmed believers, with many churches encouraging (or even requiring) their members to join extracurricular groups organized around every conceivable subject—cooking, real-estate investing, skateboarding. So every social event McHugh left early, every morning he spent alone, every group he failed to join, meant wasted chances to connect with others.
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Susan Cain (Quiet: The Power of Introverts in a World That Can't Stop Talking)
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In 1818, five-year-old Thomas Alexander Mellon emigrated with his family from Northern Ireland to Pennsylvania. Inspired to seek riches by The Autobiography of Benjamin Franklin, Thomas studied hard and became a lawyer, and then a judge. He saved his money, bought vast stretches of downtown Pittsburgh real estate, and opened T. Mellon and Sons Bank, where he placed a life-size statue of his hero, Ben Franklin, above the door. In 1890, Thomas gave control of the bank to his son Andrew. Andrew transformed the bank into the Mellon National Bank, and as the family fortune swelled, he invested in other industries, too. Some of the investments became Gulf Oil, Alcoa, and Union Steel. Over time,
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Jeff Miller (The Bubble Gum Thief (Dagny Gray Thriller))
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To be sure, the cost of managing capital and of “formal” financial intermediation (that is, the investment advice and portfolio management services provided by a bank or official financial institution or real estate agency or managing partner) is obviously taken into account and deducted from the income on capital in calculating the average rate of return (as presented here). But this is not the case with “informal” financial intermediation: every investor spends time—in some cases a lot of time—managing his own portfolio and affairs and determining which investments are likely to be the most profitable. This effort can in certain cases be compared to genuine entrepreneurial labor or to a form of business activity.
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Thomas Piketty (Capital in the Twenty-First Century)
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Lamore took his doubts to his boss, Robert Sollazzo, who had doubts too. But not enough doubts. As the SEC postmortem on the Madoff case concluded, “Sollazzo did not find that Madoff’s claim to be trading on ‘gut feel’ was ‘necessarily…ridiculous.’” The SEC defaulted to truth, and the fraud continued. Across Wall Street, in fact, countless people who had had dealings with Madoff thought that something didn’t quite add up about him. Several investment banks steered clear of him. Even the real-estate broker who rented him his office space thought he was a bit off. But no one did anything about it, or jumped to the conclusion that he was history’s greatest con man. In the Madoff case, everyone defaulted to truth—everyone, that is, except one person.
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Malcolm Gladwell (Talking to Strangers: What We Should Know About the People We Don’t Know)
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What’s going on there?” THAT’S JUST SOME REAL ESTATE DEALS I’M WORKING ON. “Real estate?” I HAVE A LIFE OUTSIDE OF THIS COMPANY, YOU KNOW. “More than I do,” I said. “Is … that legal? Owning real estate?” YOU MEAN, BECAUSE I’M A CAT? “Well, yes.” I HAVE A TRUST SET UP FOR MY BENEFIT AND A HUMAN LAWYER THAT ACTS AS THE EXECUTOR. I TELL HIM WHAT TO DO, HE DOES IT. “Does he know you’re a cat?” YOU KNOW, IT’S NEVER COME UP. “So, you’re a real estate maven.” I HAVE A DIVERSIFIED PORTFOLIO, Hera wrote. MOSTLY BORING BUT SOME EXCITING PARTS. I DO A LOT OF INVESTING IN EMERGING MARKETS. “Sounds risky.” I’M A CAT, I CAN HANDLE RISK. WORST-CASE SCENARIO IS I LOSE EVERYTHING AND I STILL GET FED AND HAVE A PLACE TO NAP. “That’s … a surprisingly chill way of thinking about things.” SOMETIMES IT’S BETTER NOT TO BE A HUMAN, CHARLIE.
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John Scalzi (Starter Villain)
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homeowner, and come away with $20,000 or $30,000 cash in pocket. Success in real estate required skills that Rob believed were some of his strongest: the work ethic to locate those homes, the social skills to negotiate with people ranging from rich lenders to working-class contractors to poor renters, and the desire to make money in crafty but fundamentally honest ways. And, at least in Rob’s idealized vision, he would be making a positive mark in the world. Because a house meant shelter. It meant heat. It meant security. Above all, it meant family. Some friends who knew about Skeet’s passing felt that something equally powerful drove him: Rob had lost not only his father but also the goal of releasing his father in which he’d invested so much work since high school. He’d achieved almost every objective he’d ever laid out
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Jeff Hobbs (The Short and Tragic Life of Robert Peace: A Brilliant Young Man Who Left Newark for the Ivy League)
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Bollywood's economic workings are more mysterious. It still exists in what was known as the informal and high-risk sector of the Indian economy. Banks rarely invest in Bollywood, where moneylenders are rampant, demanding up to 35 percent interest. The big corporate houses seem no less keen to stay away from filmmaking. A senior executive with the Tatas, one of India's prominent business families, told me, "We went into Bollywood, made one film, lost a lot of money, and got out of it fast," adding that "the place works in ways we couldn't begin to explain to our shareholders."
Since only six or seven of the two hundred films made each year earn a profit, the industry has generated little capital of its own. The great studios of the early years of the industry are now defunct. It is outsiders- regular moneylenders, small and big businessmen, real estate people, and, sometimes, mafia dons- who continue to finance new films, and their turnover, given the losses, is rapid. Their motives are mixed: sex, glamour, money laundering, and, more optimistically, profit. They rarely have much to do with the desire to make original, or even competent, films.
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Pankaj Mishra (Temptations of the West: How to Be Modern in India, Pakistan, Tibet, and Beyond)
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Statisticians say that stocks with healthy dividends slightly outperform the market averages, especially on a risk-adjusted basis. On average, high-yielding stocks have lower price/earnings ratios and skew toward relatively stable industries. Stripping out these factors, generous dividends alone don’t seem to help performance. So, if you need or like income, I’d say go for it. Invest in a company that pays high dividends. Just be sure that you are favoring stocks with low P/Es in stable industries. For good measure, look for earnings in excess of dividends, ample free cash flow, and stable proportions of debt and equity. Also look for companies in which the number of shares outstanding isn’t rising rapidly. To put a finer point on income stocks to skip, reverse those criteria. I wouldn’t buy a stock for its dividend if the payout wasn’t well covered by earnings and free cash flow. Real estate investment trusts, master limited partnerships, and royalty trusts often trade on their yield rather than their asset value. In some of those cases, analysts disagree about the economic meaning of depreciation and depletion—in particular, whether those items are akin to earnings or not. Without looking at the specific situation, I couldn’t judge whether the per share asset base was shrinking over time or whether generally accepted accounting principles accounting was too conservative. If I see a high-yielder with swiftly rising share counts and debt levels, I assume the worst.
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Joel Tillinghast (Big Money Thinks Small: Biases, Blind Spots, and Smarter Investing (Columbia Business School Publishing))
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The overall U.S. homeownership rate increased from 64 percent in 1994 to a peak in 2004 with an all-time high of 69.2 percent. Real estate had become the leading business in America, more and more speculators invested money in the business. During 2006, 22 percent of homes purchased (1.65 million units) were for investment purposes, with an additional 14 percent (1.07 million units) purchased as vacation homes.
These figures led Americans to believe that their economy was indeed booming. And when an economy is booming nobody is really interested in foreign affairs, certainly not in a million dead Iraqis. But then the grave reality dawned on the many struggling, working class Americans and immigrants, who were failing to pay back money they didn't have in the first place.
Due to the rise in oil prices and the rise of interest rates, millions of disadvantaged Americans fell behind. By the time they drove back to their newly purchased suburban dream houses, there was not enough money in the kitty to pay the mortgage or elementary needs. Consequently, within a very short time, millions of houses were repossessed. Clearly, there was no one around who could afford to buy those newly repossessed houses. Consequently, the poor people of America became poorer than ever.
Just as Wolfowitz's toppled Saddam, who dragged the American Empire down with him, the poor Americans, that were set to facilitate Wolfowitz's war, pulled down American capitalism as well as the American monetary and banking system. Greenspan's policy led an entire class to ruin, leaving America's financial system with a hole that now stands at a trillion dollars.
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Gilad Atzmon (The Wandering Who? A Study of Jewish Identity Politics)
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History favors the bold. Compensation favors the meek. As a Fortune 500 company CEO, you’re better off taking the path often traveled and staying the course. Big companies may have more assets to innovate with, but they rarely take big risks or innovate at the cost of cannibalizing a current business. Neither would they chance alienating suppliers or investors. They play not to lose, and shareholders reward them for it—until those shareholders walk and buy Amazon stock. Most boards ask management: “How can we build the greatest advantage for the least amount of capital/investment?” Amazon reverses the question: “What can we do that gives us an advantage that’s hugely expensive, and that no one else can afford?” Why? Because Amazon has access to capital with lower return expectations than peers. Reducing shipping times from two days to one day? That will require billions. Amazon will have to build smart warehouses near cities, where real estate and labor are expensive. By any conventional measure, it would be a huge investment for a marginal return. But for Amazon, it’s all kinds of perfect. Why? Because Macy’s, Sears, and Walmart can’t afford to spend billions getting the delivery times of their relatively small online businesses down from two days to one. Consumers love it, and competitors stand flaccid on the sidelines. In 2015, Amazon spent $7 billion on shipping fees, a net shipping loss of $5 billion, and overall profits of $2.4 billion. Crazy, no? No. Amazon is going underwater with the world’s largest oxygen tank, forcing other retailers to follow it, match its prices, and deal with changed customer delivery expectations. The difference is other retailers have just the air in their lungs and are drowning. Amazon will surface and have the ocean of retail largely to itself.
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Scott Galloway (The Four: The Hidden DNA of Amazon, Apple, Facebook, and Google)
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Anna Chapman was born Anna Vasil’yevna Kushchyenko, in Volgograd, formally Stalingrad, Russia, an important Russian industrial city. During the Battle of Stalingrad in World War II, the city became famous for its resistance against the German Army. As a matter of personal history, I had an uncle, by marriage that was killed in this battle. Many historians consider the battle of Stalingrad the largest and bloodiest battle in the history of warfare.
Anna earned her master's degree in economics in Moscow. Her father at the time was employed by the Soviet embassy in Nairobi, Kenya, where he allegedly was a senior KGB agent. After her marriage to Alex Chapman, Anna became a British subject and held a British passport. For a time Alex and Anna lived in London where among other places, she worked for Barclays Bank. In 2009 Anna Chapman left her husband and London, and moved to New York City, living at 20 Exchange Place, in the Wall Street area of downtown Manhattan. In 2009, after a slow start, she enlarged her real-estate business, having as many as 50 employees. Chapman, using her real name worked in the Russian “Illegals Program,” a group of sleeper agents, when an undercover FBI agent, in a New York coffee shop, offered to get her a fake passport, which she accepted. On her father’s advice she handed the passport over to the NYPD, however it still led to her arrest.
Ten Russian agents including Anna Chapman were arrested, after having been observed for years, on charges which included money laundering and suspicion of spying for Russia. This led to the largest prisoner swap between the United States and Russia since 1986. On July 8, 2010 the swap was completed at the Vienna International Airport. Five days later the British Home Office revoked Anna’s citizenship preventing her return to England. In December of 2010 Anna Chapman reappeared when she was appointed to the public council of the Young Guard of United Russia, where she was involved in the education of young people. The following month Chapman began hosting a weekly TV show in Russia called Secrets of the World and in June of 2011 she was appointed as editor of Venture Business News magazine.
In 2012, the FBI released information that Anna Chapman attempted to snare a senior member of President Barack Obama's cabinet, in what was termed a “Honey Trap.” After the 2008 financial meltdown, sources suggest that Anna may have targeted the dapper Peter Orzag, who was divorced in 2006 and served as Special Assistant to the President, for Economic Policy. Between 2007 and 2010 he was involved in the drafting of the federal budget for the Obama Administration and may have been an appealing target to the FSB, the Russian Intelligence Agency. During Orzag’s time as a federal employee, he frequently came to New York City, where associating with Anna could have been a natural fit, considering her financial and economics background. Coincidently, Orzag resigned from his federal position the same month that Chapman was arrested. Following this, Orzag took a job at Citigroup as Vice President of Global Banking. In 2009, he fathered a child with his former girlfriend, Claire Milonas, the daughter of Greek shipping executive, Spiros Milonas, chairman and President of Ionian Management Inc. In September of 2010, Orzag married Bianna Golodryga, the popular news and finance anchor at Yahoo and a contributor to MSNBC's Morning Joe. She also had co-anchored the weekend edition of ABC's Good Morning America. Not surprisingly Bianna was born in in Moldova, Soviet Union, and in 1980, her family moved to Houston, Texas. She graduated from the University of Texas at Austin, with a degree in Russian/East European & Eurasian studies and has a minor in economics. They have two children. Yes, she is fluent in Russian! Presently Orszag is a banker and economist, and a Vice Chairman of investment banking and Managing Director at Lazard.
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Hank Bracker
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We worked like dogs, we ate like hogs, and we slept like logs.
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Terry W. Sprouse (Fix 'em Up, Rent 'em Out: How to Start Your Own House Fix-up & Rental Business in Your Spare Time; or, Investing in Real Estate and Creating Wealth with Fixer-Upper Houses)
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There are three key assets in retail: real estate, inventory, and people.
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Zeynep Ton (The Good Jobs Strategy: How the Smartest Companies Invest in Employees to Lower Costs and Boost Profits)
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Ninety percent of 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
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David Greene (Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties)
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Before buying a property, call the Building and Housing department for that particular county and make sure there are no violations on the property, or if it has been condemned.
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Valleywide Real Estate Investments (High Cash Flow Real Estate Investing: Learn The Secrets To Creating Hassle-Free Profitable Cash Flows In Real Estate Investing (Boxed Set-2 Books))
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Joseph Grinkorn is a founder of The Morris Group Companies who provides the help in social networking and robust applications, using his expertise to help facilitate some of the biggest deals on the private market.
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josephgrinkorn
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Before throwing money at someone else to make you successful, understand that success comes from within first.
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Brandon Turner (How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started)
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Financial responsibility is a mindset before it is an action. Therefore, if you can change a mindset, the actions follow almost naturally.
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Brandon Turner (How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started)
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Better a safe little room near your workplace than a big house in front of a tsunami.
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Ciprian Petrescu
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Keep in mind that it's not the asset class that makes a person rich or poor. For example, when a person asks, "Is real estate is a good investment?" I reply, "I don't know. Are you a good investor?" Or if they ask, "Are stocks a good investment?" again my answer is the same, "I don't know. Are you a good investor?
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Robert T. Kiyosaki (Rich Dad's CASHFLOW QUADRANT)
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Better are the wounds of a friend than the kisses of an enemy.
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David Greene (Long-Distance Real Estate Investing: How to Buy, Rehab, and Manage Out-of-State Rental Properties)
Chad Carson (Retire Early with Real Estate: How Smart Investing Can Help You Escape the 9-5 Grind and Do More of What Matters)
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Real estate is a people game, not a house game.
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Todd M. Fleming
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Real estate is too important, all the battles and wars essentially happened and happens for real estate.
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Amit Kalantri
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A customer oriented realtor not only finds you a good home, he also finds you a good neighborhood.
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Amit Kalantri
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Real estate investing is one of the easiest and most accessible methods in order to become a successful real estate investor and achieve.
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cyrilleauxenfans
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What does this mean in practical terms? Let’s keep things simple, ignore private equity and commercial real estate, and focus just on the broad stock and bond market. You might buy three funds: an index fund offering exposure to the entire U.S. stock market, an index fund that will give you exposure to both developed foreign stock markets and emerging stock markets, and an index fund that owns the broad U.S. bond market. Suppose we were aiming to build a classic balanced portfolio, with 60 percent in stocks and 40 percent in bonds. Here are some possible investment mixes using index funds offered by major financial firms: 40 percent Fidelity Spartan Total Market Index Fund, 20 percent Fidelity Spartan Global ex U.S. Index Fund and 40 percent Fidelity Spartan U.S. Bond Index Fund. You can purchase these mutual funds directly from Fidelity Investments (Fidelity.com). 40 percent Vanguard Total Stock Market Index Fund, 20 percent Vanguard FTSE All-World ex-US Index Fund and 40 percent Vanguard Total Bond Market Index Fund. You can buy these mutual funds directly from Vanguard Group (Vanguard.com). 40 percent Vanguard Total Stock Market ETF, 20 percent Vanguard FTSE All-World ex-US ETF and 40 percent Vanguard Total Bond Market ETF. You can purchase these ETFs, or exchange-traded funds, through a discount or full-service brokerage firm. You can learn more about each of the funds at Vanguard.com. 40 percent iShares Core S&P Total U.S. Stock Market ETF, 20 percent iShares Core MSCI Total International Stock ETF and 40 percent iShares Core U.S. Aggregate Bond ETF. You can buy these ETFs through a brokerage account and find fund details at iShares.com. 40 percent SPDR Russell 3000 ETF, 20 percent SPDR MSCI ACWI ex-US ETF and 40 percent SPDR Barclays Aggregate Bond ETF. You can invest in these ETFs through a brokerage account and learn more at SPDRs.com. 40 percent Schwab Total Stock Market Index Fund, 20 percent Schwab International Index Fund and 40 percent Schwab Total Bond Market Fund. You can buy these mutual funds directly from Charles Schwab (Schwab.com). The good news: Schwab’s funds have a minimum initial investment of just $100. The bad news: Unlike the other foreign stock funds listed here, Schwab’s international index fund focuses solely on developed foreign markets. Those who want exposure to emerging markets might take a fifth of the money allocated to the international fund—equal to 4 percent of the entire portfolio—and invest it in an emerging markets stock index fund. One option: Schwab has an ETF that focuses on emerging markets.
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Jonathan Clements (How to Think About Money)
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The purpose of real estate agent should be to create a customer who creates customers.
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Amit Kalantri
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A great realtor is always in relationship with real estate.
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Amit Kalantri
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Those who invest the most, get the greatest success.
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Jeanette Coron
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The key to rehabbing a BRRRR property is to make the property as “tenant proof” as possible, using materials that will last a long time and won’t need to be redone later.
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Brandon Turner (The Book on Rental Property Investing: How to Create Wealth and Passive Income Through Smart Buy & Hold Real Estate Investing)
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As compelling as it may be to try and convince our friends to stop investing in that ‘bubble’ real estate market, or get your parents to move overseas with you, they have to make the decision on their own.
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Andrew Henderson (Nomad Capitalist: How to Reclaim Your Freedom with Offshore Bank Accounts, Dual Citizenship, Foreign Companies, and Overseas Investments)
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Real Estate investment is certainly a vote of confidence on future activity.
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fiona Sigalla
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lot of people don’t realize that a summer home property in Turkey is a great investment, not just a nice second home. Turkey has one of the largest economies in the world and is determined to become one of the strongest economies in the world. This means that the value of the property you buy will increase at the same rate as the country’s economy is growing. So if you have been thinking of buying a property in Turkey, now is the time. Let us at Summer Home Real Estate help you find a good investment property here in Turkey.
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property alanya
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real estate is cheap and offers great rental yields, they buy real estate.
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David Schneider (The 80/20 Investor: How to Simplify Investing with a Powerful Principle to Achieve Superior Returns)
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For years, we have all been educated in the public school system and taught how to be an employee where we trade hours for dollars. It’s time to learn a new way of making money for yourself and your family. You
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Dustin Heiner (How to Quit Your Job with Rental Properties: A Step-by-Step Guide to UNLOCKING Passive Income by Investing in Real Estate)
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NRE, FCNR, NRO or inward remittances, the amount can only be credited to the NRO account. The company may accept deposits under a private arrangement or public deposit scheme. A non-banking finance company (NBFC) is required to get registered with RBI and follow the RBI guidelines. Any firm or company accepting deposits are not allowed to use the funds for agricultural/plantation activities, real estate business or investing in other concerns engaged in these activities. Also, the funds cannot be used for re-lending (except NBFC) or repatriated outside India.
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Jigar Patel (NRI Investments and Taxation: A Small Guide for Big Gains)
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NRIs can invest in NCDs if The issue is available for NRIs by way of a public offer The company issuing NCD is not acting as a Nidhi or Chit fund company. The NCD has a maturity of 3 years or more. The interest rate on the NCD is not more than 3% over SBI’s prime lending rate. The borrowed funds are not to be used for agricultural/plantation or real estate business or for re-lending.
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Jigar Patel (NRI Investments and Taxation: A Small Guide for Big Gains)
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Tax on income from investment in debt mutual fund, real estate and other assets
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Jigar Patel (NRI Investments and Taxation: A Small Guide for Big Gains)