Property Sale Quotes

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My words and my ideas are my property, and I’ll keep and protect them as surely as I do my stable of unicorns.
Jarod Kintz (This Book is Not for Sale)
Frequently give up some of your property by giving it with a generous heart to the poor ... It is true that God will repay us not only in the next world but even in this.
Francis de Sales
There is a strange emptiness to life without myths. I am African American — by which I mean, a descendant of slaves, rather than a descendant of immigrants who came here willingly and with lives more or less intact. My ancestors were the unwilling, unintact ones: children torn from parents, parents torn from elders, people torn from roots, stories torn from language. Past a certain point, my family’s history just… stops. As if there was nothing there. I could do what others have done, and attempt to reconstruct this lost past. I could research genealogy and genetics, search for the traces of myself in moldering old sale documents and scanned images on microfiche. I could also do what members of other cultures lacking myths have done: steal. A little BS about Atlantis here, some appropriation of other cultures’ intellectual property there, and bam! Instant historically-justified superiority. Worked great for the Nazis, new and old. Even today, white people in my neck of the woods call themselves “Caucasian”, most of them little realizing that the term and its history are as constructed as anything sold in the fantasy section of a bookstore. These are proven strategies, but I have no interest in them. They’ll tell me where I came from, but not what I really want to know: where I’m going. To figure that out, I make shit up.
N.K. Jemisin
Harry’s letter to his daughter: If I could give you just one thing, I’d want it to be a simple truth that took me many years to learn. If you learn it now, it may enrich your life in hundreds of ways. And it may prevent you from facing many problems that have hurt people who have never learned it. The truth is simply this: No one owes you anything. Significance How could such a simple statement be important? It may not seem so, but understanding it can bless your entire life. No one owes you anything. It means that no one else is living for you, my child. Because no one is you. Each person is living for himself; his own happiness is all he can ever personally feel. When you realize that no one owes you happiness or anything else, you’ll be freed from expecting what isn’t likely to be. It means no one has to love you. If someone loves you, it’s because there’s something special about you that gives him happiness. Find out what that something special is and try to make it stronger in you, so that you’ll be loved even more. When people do things for you, it’s because they want to — because you, in some way, give them something meaningful that makes them want to please you, not because anyone owes you anything. No one has to like you. If your friends want to be with you, it’s not out of duty. Find out what makes others happy so they’ll want to be near you. No one has to respect you. Some people may even be unkind to you. But once you realize that people don’t have to be good to you, and may not be good to you, you’ll learn to avoid those who would harm you. For you don’t owe them anything either. Living your Life No one owes you anything. You owe it to yourself to be the best person possible. Because if you are, others will want to be with you, want to provide you with the things you want in exchange for what you’re giving to them. Some people will choose not to be with you for reasons that have nothing to do with you. When that happens, look elsewhere for the relationships you want. Don’t make someone else’s problem your problem. Once you learn that you must earn the love and respect of others, you’ll never expect the impossible and you won’t be disappointed. Others don’t have to share their property with you, nor their feelings or thoughts. If they do, it’s because you’ve earned these things. And you have every reason to be proud of the love you receive, your friends’ respect, the property you’ve earned. But don’t ever take them for granted. If you do, you could lose them. They’re not yours by right; you must always earn them. My Experience A great burden was lifted from my shoulders the day I realized that no one owes me anything. For so long as I’d thought there were things I was entitled to, I’d been wearing myself out —physically and emotionally — trying to collect them. No one owes me moral conduct, respect, friendship, love, courtesy, or intelligence. And once I recognized that, all my relationships became far more satisfying. I’ve focused on being with people who want to do the things I want them to do. That understanding has served me well with friends, business associates, lovers, sales prospects, and strangers. It constantly reminds me that I can get what I want only if I can enter the other person’s world. I must try to understand how he thinks, what he believes to be important, what he wants. Only then can I appeal to someone in ways that will bring me what I want. And only then can I tell whether I really want to be involved with someone. And I can save the important relationships for th
Harry Browne
The purchaser draws boundaries, fences himself in, and says, “This is mine; each one by himself, each one for himself.” Here, then, is a piece of land upon which, henceforth, no one has a right to step, save the proprietor and his friends; which can benefit nobody, save the proprietor and his servants. Let these sales multiply, and soon the people — who have been neither able nor willing to sell, and who have received none of the proceeds of the sale — will have nowhere to rest, no place of shelter, no ground to till. They will die of hunger at the proprietor’s door, on the edge of that property which was their birthright; and the proprietor, watching them die, will exclaim, “So perish idlers and vagrants!
Pierre-Joseph Proudhon (What Is Property?)
No man’s real worth is measured by his property or power: fortune belongs to one category of things and virtue to another. And no woman should think herself any the less for sale if she prefers a rich man to a poor one in marriage and wants what she would get in a husband more than the husband himself. Reward such greed with cash and not devotion, for she is after property alone and is prepared to prostitute herself to an even richer man given the chance.
Pierre Abélard (Letters of Abélard and Héloïse)
Up until relatively recently, creating original characters from scratch wasn't a major part of an author's job description. When Virgil wrote The Aeneid, he didn't invent Aeneas; Aeneas was a minor character in Homer's Odyssey whose unauthorized further adventures Virgil decided to chronicle. Shakespeare didn't invent Hamlet and King Lear; he plucked them from historical and literary sources. Writers weren't the originators of the stories they told; they were just the temporary curators of them. Real creation was something the gods did. All that has changed. Today the way we think of creativity is dominated by Romantic notions of individual genius and originality, and late-capitalist concepts of intellectual property, under which artists are businesspeople whose creations are the commodities they have for sale.
Lev Grossman
What do you mean, this isn't my property?!"  One entrepreneurial Federal employee backed his panel van up to the office door one night and stole all the computer equipment. He wasn't too hard to catch: he tried to sell everything at a yard sale the next day — with barcodes and "Property of US Government" stickers still prominently displayed. 
U.S. Department of the Army (Encyclopedia of Ethical Failure – United States Government - updated July 2013)
put it up for sale at an asking price of $25 million. I first looked at Mar-a-Lago while vacationing in Palm Beach in 1982. Almost immediately I put in a bid of $15 million, and it was promptly rejected. Over the next few years, the foundation signed contracts with several other buyers at higher prices than I’d offered, only to have them fall through before closing. Each time that happened, I put in another bid, but always at a lower sum than before. Finally, in late 1985, I put in a cash offer of $5 million, plus another $3 million for the furnishings in the house. Apparently, the foundation was tired of broken deals. They accepted my offer, and we closed one month later. The day the deal was announced, the Palm Beach Daily News ran a huge front-page story with the headline MAR-A-LAGO’S BARGAIN PRICE ROCKS COMMUNITY. Soon, several far more modest estates on property a fraction of Mar-a-Lago’s size sold for prices in excess of $18 million. I’ve been told that the furnishings in Mar-a-Lago alone are worth more than I paid for the house. It just goes to show that it pays to move quickly and decisively when the time is right. Upkeep
Donald J. Trump (Trump: The Art of the Deal)
Effective immediately all fuel, whether in possession of a refinery, a fuel wholesaler, or even your local gas station, is property of the United States government and will only be available to first responders and the military. He stated that all fuel sales to the public would be halted immediately and anyone caught selling fuel in violation of this Executive Order would be arrested.
Franklin Horton (Locker Nine (Locker Nine #1))
a judge in Vermont ruled in favor of a runaway slave whose master had produced a bill of sale proving his ownership: the judge said in order to retain his property in the form of another man he’d have to provide a bill of sale from “God Almighty.” 17
Jill Lepore (These Truths: A History of the United States)
Marry me, Julep. Marry me, and I promise to take you to every yard sale we can find in every state we go to. Marry me, and I will grow a garden in your name. Marry me, and I promise to set up a chrome pole in the middle of every piece of property we own.
Kandi Steiner (Quarterback Sneak (Red Zone Rivals, #3))
Yes, we were sold at auction, like swine.  In a big town and an active market we should have brought a good price; but this place was utterly stagnant and so we sold at a figure which makes me ashamed, every time I think of it.  The King of England brought seven dollars, and his prime minister nine; whereas the king was easily worth twelve dollars and I as easily worth fifteen.  But that is the way things always go; if you force a sale on a dull market, I don’t care what the property is, you are going to make a poor business of it, and you can make up your mind to it.
Mark Twain (Complete Works of Mark Twain)
the standard private equity playbook: jawbone the unions, cut costs even at the price of damaging longer-term success, do a sale-leaseback of real property assets, take whatever public money you can get from communities eager to save their industries, and do an “add-on”—the Indiana Glass buy. And collect fees.
Brian Alexander (Glass House: The 1% Economy and the Shattering of the All-American Town)
She asserted that Europeans like them were robbers with guns who went all over the world stealing other people's land, which they then called their plantations. And they made the people they robbed their slaves. She was taking a long view of history, of course. Tarkington's Trustees certainly hadn't roamed the world on ships, armed to the teeth and looking for lightly defended real estate. Her point was that they were heirs to the property of such robbers, and to their mode of thinking, even if they had been born poor and had only recently dismantled an essential industry, or cleaned out a savings bank, or earned big commissions by facilitating the sale of beloved American institutions or landmarks to foreigners.
Kurt Vonnegut Jr. (Hocus Pocus)
What was shocking were the rewards my father's cousins had gathered in the intervening couple of decades. They farmed now on thousands of acres, not hundreds. They drove fancy pickup trucks, owned lakefront property and second homes. A simple Internet search offered the truth of where their riches had come from: good ol' Uncle Sam. Recently I clicked again on a database of farm subsidy payments, and found that five of my father's first cousins had been paid, all told, $3 million between 1995 and 2005 - and that on top of whatever they'd earned outright for the sale of their corn and soybeans. They worked hard, certainly. They'd saved and scrimped through the lean years. They were good and honorable yeoman, and now they'd come through to their great reward: a prime place at the trough of the welfare state. All that corn syrup guzzled down the gullets of America's overweight children, all that beef inefficiently fattened on cheap feed, all that ethanol being distilled in heartland refineries: all of it underwritten by as wasteful a government program as now exists this side of the defense industry. In the last ten years, the federal government has paid $131 million in subsidies and disaster insurance in just the county [in Minnesota] where I grew up. Corn is subsidized to keep it cheap, and the subsidies encourage overproduction, which encourages a scramble for ever more ways to use corn, and thus bigger subsidies - the perfect feedback loop of government welfare.
Philip Connors
The long gray two-story box was the newest structure on the property, having been built in the 1970s. The buildings up the hill had accumulated one by one since the 1920s, most of them incorporating bits salvaged from various torn-down hotels and movie sets. Their aunt Amity, affluent from the sales of her series of popular novels, had added to the architectural clutter after
Tim Powers (Medusa's Web)
It was the Home Owners' Loan Corporation, not a private trade association, that pioneered the practice of redlining, selectively granting loans and insisting that any property it insured be covered by a restrictive covenant-a clause in the deed forbidding sale of the property to anyone other than whites. Millions of dollars flowed from tax coffers into segregated white neighborhoods.
Ta-Nehisi Coates (We Were Eight Years in Power: An American Tragedy)
. 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.
john bonavia
There are certain things that you have to be British, or at least older than me, or possibly both, to appreciate: skiffle music, salt-cellars with a single hole, Marmite (an edible yeast extract with the visual properties of an industrial lubricant), Gracie Fields singing “Sally,” George Formby doing anything, jumble sales, making sandwiches from bread you’ve sliced yourself, really milky tea, boiled cabbage, the belief that household wiring is an interesting topic for conversation, steam trains, toast made under a gas grill, thinking that going to choose wallpaper with your mate constitutes a reasonably fun day out, wine made out of something other than grapes, unheated bedrooms and bathrooms, erecting windbreaks on a beach (why, pray, are you there if you need a windbreak?), and cricket. There may be one or two others that don’t occur to me at the moment.
Bill Bryson (Notes from a Small Island)
You should buy property when there’s ‘blood in the streets’ – in other words when things become unstable, the value drops, and it’s a good time to buy because everyone is trying to sell. Eventually prices go back up when everything settles. When I got into real estate, there were plenty of properties for sale that were really cheap – and this was because the market had been unstable before – with the previous S&L crisis. I was lucky enough to get into it at the perfect time.
Corey Wayne (Mastering Yourself, How To Align Your Life With Your True Calling & Reach Your Full Potential)
New form of redemption: debt, companies, crimes, scandals - as in the past with slaves, everything must be redeemed. Everything must be transfigured and at the same time, as in the sales, everything must go. Everywhere the tiniest waste product, the slightest desire is being given its hour of glory. But the historic prototype of redemption is that of work, which was granted such moral and historical value only so as to enable the slave to accede to it as a free man. In this way the curse fulfils itself.
Jean Baudrillard (Cool Memories V: 2000 - 2004)
Gin, often referred to as ‘Madam Geneva’ (and sometimes as ‘Kill-Grief’), was a national obsession. It had first arrived in England in the 1680s, along with William of Orange. Fifty years later, as many as one in ten London properties was a gin shop. According to official records, nearly 7 million gallons were consumed in 1730, and this figure excludes the vast quantities of low-grade gin sold from wheelbarrows, which was often adulterated with turpentine.7 The sale of spirits was officially prohibited in 1736, but the measure was so unsuccessful that prohibition was lifted seven years later, and a more pragmatic approach resulted in the Gin Act of 1751,
Henry Hitchings (Defining the World: The Extraordinary Story of Dr. Johnson's Dictionary)
The co-op proposed to include a quota system in its bylaws and deeds, promising that the proportion of African Americans in the Peninsula Housing Association would not exceed the proportion of African Americans in California’s overall population. This concession did not appease government officials, and the project stalled. Stegner and other board members resigned; soon afterward the cooperative was forced to disband because it could not obtain financing without government approval. In 1950, the association sold its land to a private developer whose FHA agreement specified that no properties be sold to African Americans. The builder then constructed individual homes for sale to whites in “Ladera,” a subdivision that still adjoins the Stanford campus.
Richard Rothstein (The Color of Law: A Forgotten History of How Our Government Segregated America)
Very briefly, this simple, practical measure would be for a portion of the machines of every company to become the property of everyone – with the percentage of profits corresponding to that portion flowing into a common fund to be shared equally by all. Consider what effect that would have on the course of human history. Currently, increasing automation reduces the portion of total income that goes to workers, diverting more and more money into the pockets of the rich who own the machines. But as we have seen, this ultimately diminishes demand for their products, as the majority have less and less money to spend. But if a portion of the profits were to go automatically into the bank accounts of the workers as well, then this downward pressure on demand, sales and prices would be alleviated, turning the whole of humanity into the beneficiary of the machines’ labour.
Yanis Varoufakis (Talking to My Daughter)
Since the institution of slavery was so important to the economic development of America, it had a profound impact in shaping the social-political-legal structure of the nation. Land and slaves were the chief forms of private property, property was wealth and the voice of wealth made the law and determined politics. In the service of this system, human beings were reduced to propertyless property. Black men, the creators of the wealth of the New World, were stripped of all human and civil rights. And this degradation was sanctioned and protected by institutions of government, all for one purpose: to produce commodities for sale at a profit, which in turn would be privately appropriated. It seems to be a fact of life that human beings cannot continue to do wrong without eventually reaching out for some rationalization to clothe their acts in the garments of righteousness. And so, with the growth of slavery, men had to convince themselves that a system which was so economically profitable was morally justifiable. The attempt to give moral sanction to a profitable system gave birth to the doctrine of white supremacy.
Martin Luther King Jr. (Where Do We Go from Here: Chaos or Community?)
A golden visa is a permanent residency visa issued to individuals who invest, often through the purchase of property, a certain sum of money into the issuing country. The United States EB-5 visa program requires overseas applicants to invest a minimum of anywhere from $500,000 to $1 million, depending on the location of the project, and requires at least 10 jobs to be either created or preserved.[22] When these criteria are met, the applicant and their family become eligible for a green card. There is an annual cap of 10,000 applications under the EB-5 program.[citation needed] The U.S. Citizenship and Immigration Services (USCIS) has offered its EB-5 Immigrant Investor Program since 1990. It is designed to encourage foreign investment in infrastructure projects in the U.S., particularly in Targeted Employment Areas (TEA), high unemployment areas. The funds are channeled through agencies called regional centers, now designated only by the U.S. Department of Homeland Security. The funding opportunities allow the investor to make a sound financial investment and obtain a U.S. “Green Card. A large majority of users of such programs are wealthy Chinese seeking legal security and a better quality of life outside of their home country.
Wikipedia: Immigrant investor programs
With regard to the price then of the men themselves, it is obvious that the public treasury is in a better position to provide funds than any private individuals. What can be easier than for the Council to invite by public proclamation all whom it may concern to bring their slaves, and to buy up those produced? Assuming the purchase to be effected, is it credible that people will hesitate to hire from the state rather than from the private owner, and actually on the same terms? People have at all events no hesitation at present in hiring consecrated grounds, sacred victims, houses, etc., or in purchasing the right of farming taxes from the state. To ensure the preservation of the purchased property, the treasury can take the same securities precisely from the lessee as it does from those who purchase the right of farming its taxes. Indeed, fraudulent dealing is easier on the part of the man who has purchased such a right than of the man who hires slaves. Since it is not easy to see how the exportation of public money is to be detected, when it differs in no way from private money. Whereas it will take a clever thief to make off with these slaves, marked as they will be with the public stamp, and in face of a heavy penalty attached at once to the sale and exportation of them. Up to this point then it would appear feasible enough for the state to acquire property in men and to keep a safe watch over them.
Xenophon (On Revenues)
Professor Joseph Stiglitz, former Chief Economist of the World Bank, and former Chairman of President Clinton's Council of Economic Advisers, goes public over the World Bank’s, “Four Step Strategy,” which is designed to enslave nations to the bankers. I summarise this below, 1. Privatisation. This is actually where national leaders are offered 10% commissions to their secret Swiss bank accounts in exchange for them trimming a few billion dollars off the sale price of national assets. Bribery and corruption, pure and simple. 2. Capital Market Liberalization. This is the repealing any laws that taxes money going over its borders. Stiglitz calls this the, “hot money,” cycle. Initially cash comes in from abroad to speculate in real estate and currency, then when the economy in that country starts to look promising, this outside wealth is pulled straight out again, causing the economy to collapse. The nation then requires International Monetary Fund (IMF) help and the IMF provides it under the pretext that they raise interest rates anywhere from 30% to 80%. This happened in Indonesia and Brazil, also in other Asian and Latin American nations. These higher interest rates consequently impoverish a country, demolishing property values, savaging industrial production and draining national treasuries. 3. Market Based Pricing. This is where the prices of food, water and domestic gas are raised which predictably leads to social unrest in the respective nation, now more commonly referred to as, “IMF Riots.” These riots cause the flight of capital and government bankruptcies. This benefits the foreign corporations as the nations remaining assets can be purchased at rock bottom prices. 4. Free Trade. This is where international corporations burst into Asia, Latin America and Africa, whilst at the same time Europe and America barricade their own markets against third world agriculture. They also impose extortionate tariffs which these countries have to pay for branded pharmaceuticals, causing soaring rates in death and disease.
Anonymous
Regret can improve decisions. To begin understanding regret’s ameliorative properties, imagine the following scenario. During the pandemic of 2020–21, you hastily purchased a guitar, but you never got around to playing it. Now it’s taking up space in your apartment—and you could use a little cash. So, you decide to sell it. As luck would have it, your neighbor Maria is in the market for a used guitar. She asks how much you want for your instrument. Suppose you bought the guitar for $500. (It’s acoustic.) No way you can charge Maria that much for a used item. It would be great to get $300, but that seems steep. So, you suggest $225 with the plan to settle for $200. When Maria hears your $225 price, she accepts instantly, then hands you your money. Are you feeling regret? Probably. Many people do, even more so in situations with stakes greater than the sale of a used guitar. When others accept our first offer without hesitation or pushback, we often kick ourselves for not asking for more.[2] However, acknowledging one’s regrets in such situations—inviting, rather than repelling, this aversive emotion—can improve our decisions in the future. For example, in 2002, Adam Galinsky, now at Columbia University, and three other social psychologists studied negotiators who’d had their first offer accepted. They asked these negotiators to rate how much better they could have done if only they’d made a higher offer. The more they regretted their decision, the more time they spent preparing for a subsequent negotiation.[3] A related study by Galinsky, University of California, Berkeley’s, Laura Kray, and Ohio University’s Keith Markman found that when people look back at previous negotiations and think about what they regretted not doing—for example, not extending a strong first offer—they made better decisions in later negotiations. What’s more, these regret-enhanced decisions spread the benefits widely. During their subsequent encounters, regretful negotiators expanded the size of the pie and secured themselves a larger slice. The very act of contemplating what they hadn’t done previously widened the possibilities of what they could do next and provided a script for future interactions.[4]
Daniel H. Pink (The Power of Regret: How Looking Backward Moves Us Forward)
In the U.S. Articles of Confederation, the federal government gave itself the exclusive right to regulate “the trade and managing all affairs with the Indians.” This power was repeated in the 1790 Trade and Intercourse Act, which further refined “trade” and “affairs” to include the purchase and sale of Indian land. The intent of these two pieces of legislation was clear. Whatever powers states were to have, those powers did not extend to Native peoples. Beginning in 1823, there would be three U.S. Supreme Court decisions—Johnson v. McIntosh, Cherokee v. Georgia, Worcester v. Georgia—that would confirm the powers that the U.S. government had unilaterally taken upon itself and spell out the legal arrangement that tribes were to be allowed. 1823. Johnson v. McIntosh. The court decided that private citizens could not purchase land directly from Indians. Since all land in the boundaries of America belonged to the federal government by right of discovery, Native people could sell their land only to the U.S. government. Indians had the right of occupancy, but they did not hold legal title to their lands. 1831. Cherokee v. Georgia. The State of Georgia attempted to extend state laws to the Cherokee nation. The Cherokee argued that they were a foreign nation and therefore not subject to the laws of Georgia. The court held that Indian tribes were not sovereign, independent nations but domestic, dependent nations. 1832. Worcester v. Georgia. This case was a follow-up to Cherokee v. Georgia. Having determined that the Cherokee were a domestic, dependent nation, the court settled the matter of jurisdiction, ruling that the responsibility to regulate relations with Native nations was the exclusive prerogative of Congress and the federal government. These three cases unilaterally redefined relationships between Whites and Indians in America. Native nations were no longer sovereign nations. Indians were reduced to the status of children and declared wards of the state. And with these decisions, all Indian land within America now belonged to the federal government. While these rulings had legal standing only in the United States, Canada would formalize an identical relationship with Native people a little later in 1876 with the passage of the Indian Act. Now it was official. Indians in all of North America were property.
Thomas King (The Inconvenient Indian: A Curious Account of Native People in North America)
As the liberal sees it, the task of the state consists solely and exclusively in guaranteeing the protection of life, health, liberty, and private property against violent attacks. Everything that goes beyond this is an evil. A government that, instead of fulfilling its task, sought to go so far as actually to infringe on personal security of life and health, freedom, and property would, of course, be altogether bad. Still, as Jacob Burckhardt says, power is evil in itself, no matter who exercises it. It tends to corrupt those who wield it and leads to abuse. Not only absolute sovereigns and aristocrats, but the masses also, in whose hands democracy entrusts the supreme power of government, are only too easily inclined to excesses. In the United States, the manufacture and sale of alcoholic beverages are prohibited. Other countries do not go so far, but nearly everywhere some restrictions are imposed on the sale of opium, cocaine, and similar narcotics. It is universally deemed one of the tasks of legislation and government to protect the individual from himself. Even those who otherwise generally have misgivings about extending the area of governmental activity consider it quite proper that the freedom of the individual should be curtailed in this respect, and they think that only a benighted doctrinairism could oppose such prohibitions. Indeed, so general is the acceptance of this kind of interference by the authorities in the life of the individual that those who, are opposed to liberalism on principle are prone to base their argument on the ostensibly undisputed acknowledgment of the necessity of such prohibitions and to draw from it the conclusion that complete freedom is an evil and that some measure of restriction must be imposed upon the freedom of the individual by the governmental authorities in their capacity as guardians of his welfare. The question cannot be whether the authorities ought to impose restrictions upon the freedom of the individual, but only how far they ought to go in this respect. No words need be wasted over the fact that all these narcotics are harmful. The question whether even a small quantity of alcohol is harmful or whether the harm results only from the abuse of alcoholic beverages is not at issue here. It is an established fact that alcoholism, cocainism, and morphinism are deadly enemies of life, of health, and of the capacity for work and enjoyment; and a utilitarian must therefore consider them as vices. But this is far from demonstrating that the authorities must interpose to suppress these vices by commercial prohibitions, nor is it by any means evident that such intervention on the part of the government is really capable of suppressing them or that, even if this end could be attained, it might not therewith open up a Pandora's box of other dangers, no less mischievous than alcoholism and morphinism. Whoever is convinced that indulgence or excessive indulgence in these poisons is pernicious is not hindered from living abstemiously or temperately. This question cannot be treated exclusively in reference to alcoholism, morphinism, cocainism, etc., which all reasonable men acknowledge to be evils. For if the majority of citizens is, in principle, conceded the right to impose its way of life upon a minority, it is impossible to stop at prohibitions against indulgence in alcohol, morphine, cocaine, and similar poisons. Why should not what is valid for these poisons be valid also for nicotine, caffeine, and the like? Why should not the state generally prescribe which foods may be indulged in and which must be avoided because they are injurious? In sports too, many people are prone to carry their indulgence further than their strength will allow. Why should not the state interfere here as well? Few men know how to be temperate in their sexual life, and it seems especially difficult for aging persons to understand that they should cease entirel
Ludwig von Mises (Liberalism: The Classical Tradition)
Anglos dominated the prisoner population in 1977 and did not lose their plurality until 1988. Meanwhile, absolute numbers grew across the board—with the total number of those incarcerated approximately doubling during each interval. African American prisoners surpassed all other groups in 1988, but by 1995, they had been overtaken by Latinos; however, Black people have the highest rate of incarceration of any racial/ethnic grouping in California, or, for that matter, in the United States (see also Bonczar and Beck 1997). TABLE 4 CDC PRISONER POPULATION BY RACE/ETHNICITY The structure of new laws, intersecting with the structure of the burgeoning relative surplus population, and the state’s concentrated use of criminal laws in the Southland, produced a remarkable racial and ethnic shift in the prison population. Los Angeles is the primary county of commitment. Most prisoners are modestly educated men in the prime of life: 88 percent are between 19 and 44 years old. Less than 45 percent graduated from high school or read at the ninth-grade level; one in four is functionally illiterate. And, finally, the percentage of prisoners who worked six months or longer for the same employer immediately before being taken into custody has declined, from 54.5 percent in 1982 to 44 percent in 2000 (CDC, Characteristics of Population, various years). TABLE 5 CDC COMMITMENTS BY CONTROLLING OFFENSE (%) At the bottom of the first and subsequent waves of new criminal legislation lurked a key contradiction. On the one hand, the political rhetoric, produced and reproduced in the media, concentrated on the need for laws and prisons to control violence. “Crime” and “violence” seemed to be identical. However, as table 5 shows, there was a significant shift in the controlling (or most serious) offenses for those committed to the CDC, from a preponderance of violent offenses in 1980 to nonviolent crimes in 1995. More to the point, the controlling offenses for more than half of 1995’s commitments were nonviolent crimes of illness or of illegal income producing activity: drug use, drug sales, burglary, motor vehicle theft. The outcome of the first two years of California’s broadly written “three strikes” law presents a similar picture: in the period March 1994–January 1996, 15 percent of controlling offenses were violent crimes, 31 percent were drug offenses, and 41 percent were crimes against property (N = 15,839) (Christoper Davis et al. 1996). The relative surplus population comes into focus in these numbers. In 1996, 43 percent of third-strike prisoners were Black, 32.4 percent Latino, and 24.6 percent Anglo. The deliberate intensification of surveillance and arrest in certain areas, combined with novel crimes of status, drops the weight of these numbers into particular places. The chair of the State Task Force on Youth Gang Violence expressed the overlap between presumptions of violence and the exigencies of everyday reproduction when he wrote: “We are talking about well-organized, drug-dealing, dangerously armed and profit-motivated young hoodlums who are engaged in the vicious crimes of murder, rape, robbery, extortion and kidnapping as a means of making a living” (Philibosian 1986: ix; emphasis added).
Ruth Wilson Gilmore (Golden Gulag: Prisons, Surplus, Crisis, and Opposition in Globalizing California (American Crossroads Book 21))
Mortgage Workouts Even if you don’t qualify for any of the government loan modification programs or your lender doesn’t agree to participate, you may be able to arrange a “mortgage workout.” A workout is any agreement you make with the lender that changes how you pay the delinquency on your mortgage or otherwise keeps you out of foreclosure. Many lenders require this formal process even for short-term fixes. Here are some workout options your lender might agree to: • Spread repayment of missed payments over a few months. For example, if your monthly payment is $1,000 and you missed two payments ($2,000), the lender might let you pay $1,500 for four months. • Reduce or suspend your regular payments for a specified time, and then add a portion of your overdue amount to your regular payments later on. • Extend the length of your loan and add the missed payments at the end. • For a period of time, suspend the amount of your monthly payment that goes toward the principal and only require payment of interest, taxes, and insurance. • Let you sell the property for less than you owe the lender and waive the rest. This is called a “short sale.” It’s best to start the workout negotiations as early as possible. But before you contact the lender about a workout, you should prepare information about your situation, including: • a reasonable budget for the
Robin Leonard (Solve Your Money Troubles: Debt, Credit & Bankruptcy)
Luxury home sales often trace a path that differs from the rest of the market. Just as high-end buyers can afford to take their time to find exactly the property they are looking for.
Jared Dullum
Ananias had come with money from the sale of property. He had presented it to Peter, claiming it to be the full amount of the sale. Instead of praising him, Peter had condemned him. Not for his generosity, which was commendable, but for his lie. “The land was yours,” Peter had told Ananias, his eyes flashing fire. “The money was your right to keep. But you have lied to the Holy Spirit.” And right on the spot, Ananias had collapsed on the cobblestones. They could not revive him, and he was dead. The women struggled to accept what they were hearing. But Philip was not finished with his report. Even more frightening, when Sapphira had arrived, the whole scene was repeated. They were gone. Both of them. In only the matter of a few hours. Peter had ordered some of the men to take them out of the compound and bury them.
Janette Oke (The Hidden Flame (Acts of Faith, #2))
In a capitalist society everyone’s activity is interchangeable and we are all equal as people with commodities for sale. At the same time most of us have nothing to sel l but our abi l i t y to wor k . Everything that is necessary to make useful things is owned and controlled by a class of capitalists— it is their private property
Anonymous
As a legal and economic instrument, the zone presides over a cocktail of enticements and legal exemptions that are sometimes mixed together with domestic civil laws, sometimes manipulated by business to create international law, and sometimes adopted by the nation in its entirety. Incentives vary in every location but might include: holidays from income or sales taxes, dedicated utilities like electricity or broadband, deregulation of labor laws, prohibition of labor unions and strikes, deregulation of environmental laws, streamlined customs and access to cheap imported or domestic labor, cheap land and foreign ownership of property, exemption from import/export duties, foreign language services, or relaxed licensing requirements.
Keller Easterling (Extrastatecraft: The Power of Infrastructure Space)
You shall not wrong or oppress a resident alien, for you were aliens in the land of Egypt. You shall not abuse any widow or orphan. If you do abuse them, when they cry out to me, I will surely heed their cry.” —Exodus 22:21–23 “You shall hallow the fiftieth year and you shall proclaim liberty throughout the land to all its inhabitants. It shall be a jubilee for you; you shall return, every one of you, to your property and every one of you to your family…. When you make a sale to your neighbor or buy from your neighbor, you shall not cheat one another. When you buy from your neighbor, you shall pay only for the number of years since the jubilee; the seller shall charge you only for the remaining crop years…. You shall observe my statutes and faithfully keep my ordinances, so that you may live on the land securely.” —Leviticus 25:10, 14, 18
J. Milburn Thompson (Introducing Catholic Social Thought)
In the end it’s the tax-deferred 1031 exchange that gets massive use by Millionaire Real Estate Investors. This program in the IRS tax code allows you to sell and buy properties without having to declare capital gains or pay those taxes. It’s a very straightforward procedure, but it takes some planning. First, you need to hire a 1031 Qualified Intermediary before you close on the sale of one of your properties. That person will act as your guide and escrow agent as you move through the sale of one property and the purchase of the next. After the sale of your “relinquished property” you have 45 days to identify the “replacement property” and a total of 180 days to close on that second property. You want to be looking for the replacement property before or during the marketing of the property you are selling. If you find a good opportunity, you can enter into a contract with a right to assign clause if your first property does not sell or with a 1031 clause in the purchase agreement if it does. Many people have the mistaken notion that you are exchanging your property with someone else: You take theirs, and they take yours. In some cases that can be done, but it is neither the purpose nor the requirement of a 1031 exchange. A 1031 exchange is designed for you to “exchange” one property in your portfolio (sell it) and replace it with another one that you wish to buy. It allows you to keep purchasing larger, more expensive properties without having to pay capital gains taxes on the ones you sell. This is a wonderful way to keep your money working for you.
Gary Keller (The Millionaire Real Estate Investor)
Central Excise 2.3 Central Excise Duty is levied by the Central Government under the Central Excise Act, 1944. The levy is on all goods manufactured and produced in India, which are specified in the schedule to the Central Excise Tariff Act subject to certain exemptions. The effective rate may vary from product to product though most goods are subject to excise duty at 10% (without education cess). As manufacturer, credit is allowed on excise duty and countervailing duty paid on inputs and capital goods and the service tax paid on input service. The credit is allowed as a setoff against the excise duty payable on the output. Cross credit utilisation between credit of service tax and excise duty has been enabled w.e.f.10.9.2004. Service tax 2.4 Service tax is levied by the Central Government under Chapter V and Chapter VA of Finance Act, 1994. Service tax is levied on specified services, referred to as taxable services, when rendered by a service provider. Service tax is presently taxed at 10% (without education cess).Ordinarily, service tax is payable by the service provider, except in specified cases. As service provider, credit is allowed on excise duty and countervailing duty paid on inputs and capital goods and the service tax paid on input service. The credit is allowed as a set-off against the service tax payable on taxable services. VAT & CST 2.5 Value Added Tax (VAT) is levied by the State Governments on transfer of property in goods from one person to another, when such transfer is for cash, deferred payment or other valuable consideration. VAT is also payable on certain transactions that are deemed to be sale such as transfer of right to use goods, hire purchase and sale by instalments, works contract and sale of food and drink as a part of rendering of any service. 2.6 Local VAT is payable when goods are sold within the State and Central Sales Tax (CST) is payable when sale occasions the movement of goods 4
Anonymous
While my grandfather was alive, Donald alone had received the equivalent of $413 million, much of it through questionable means: loans that he had never repaid, investments in properties that had never matured; essentially gifts that had never been taxed. That did not include the $170 million he had received through the sale of my grandfather’s empire.
Mary L. Trump (Too Much and Never Enough: How My Family Created the World's Most Dangerous Man)
Traditionally, reaching the state of illumination symbolized by the center bestows a different fate from that of the ordinary person who accepts salvation. For the latter, life after death will persist in many different planes of being — higher ones, no doubt, where existence is less painful and burdensome and where spiritual aspiration faces less resistance. But those who attain gnosis are freed from this spiral entirely. They can choose to return to manifestation for a special purpose or can dwell in absorption into God — known in the Christian tradition as the “beatific vision.” They are, to use T. S. Eliot’s famous words in Four Quartets, “at the still point of the turning world.” In the Gospels, one name for this still point is “the eye of the needle.” As Christ says, “It is easier for a camel to go through the eye of a needle, than for a rich man to enter the kingdom of God” (Mark 10:25). This means that the “I” has to be very fine and subtle to reach this still center of being. A “rich man” — one who is encumbered not only with property but with the heavy baggage of a pompous self-image — is too big to make it through. Obviously, this is an inner condition and so does not necessarily refer to all rich people, though in practice it probably applies to most. Francis de Sales, a Catholic spiritual teacher of the early seventeenth century, observes: A man is rich in spirit if his mind is filled with riches or set on riches. The kingfisher shapes its nests like an apple, leaving only a little opening at the top, builds it on the seashore, and makes it so solid and tight that although waves sweep over it the water cannot get inside. Keeping always on top of the waves, they remain surrounded by the sea and are on the sea, and yet are masters of it. Your heart . . . must in like manner be open to heaven alone and impervious to riches and all other transitory things. Money — “mammon,” as Christ called it — is only one of the forms the force of the world takes. There are people for whom money holds no allure but who are beguiled by sex, pleasure, or power. And for those who are indifferent even to these temptations, there is always the trap of apathy (accidie or acedia, derived from a Greek word meaning “not caring,” are names sometimes used in the tradition). There are many variations, which will take on slightly different forms in everyone. Freeing oneself from the world requires overcoming these drives in oneself, however they appear.
Richard Smoley (Inner Christianity: A Guide to the Esoteric Tradition)
Guests are requested not to tease the Ghosts. Guests are requested to be as quiet as possible while dying of fright. Breakfast will be served at 9 a.m. to the survivors of the Night. The Hastings Borough Cemetery is five minutes walk away (ten minutes if carrying body), but it is only one minute as the Ghost flies. Guests are requested not to dig graves on lawns, but to make full use of newly filled graves under trees. Guests are requested not to remove corpses from graves or to cut down bodies from trees. The Office has a certain amount of used clothing for sale, the property of guests who have no longer any use for earthly raiment. 40
Richard Kaczynski (Perdurabo, Revised and Expanded Edition: The Life of Aleister Crowley)
I no longer work like this, by the way. I learned my lesson after working with buyer after buyer who wouldn’t actually buy anything. Now I qualify buyers, I help them focus, and teach them that purchasing property is a process of elimination, not a shopping spree.
Ryan Serhant (Sell It Like Serhant: How to Sell More, Earn More, and Become the Ultimate Sales Machine)
Do not manhandle me. My answer is no. I'm not for sale." "But you don't have any family left," said Nicolas, raising an eyebrow. The next few moments blurred together into one messed-up vision. A fist flying into Nicolas's nose. A loud crack. Blood splattering on Camille's dress. Rémi putting his arm around me. Jane, Phillipa, and Marie racing up to see what the commotion was all about. The clicks of cameras. A nightmare. "This is private property. You're no longer guests of the château. Leave now," said Rémi as Nicolas scrambled up from the ground. "And stay away, far away from my fiancée, or I'll hunt you down." Jane, Marie, and Phillipa flanked my sides, supporting my shaky body. Phillipa hissed to Nicolas. "You're wrong. Sophie has a family. She has all of us. And her dad." I couldn't help but smile. What Phillipa said was true. I had everything. "He broke my nose," said Nicolas, holding his hand up to his face, blood pouring down like a waterfall. "I'm going to press charges against you, all of you, you pieces of merde." "Go ahead," said Rémi. "We may not be as wealthy as you are, but we're not doing so bad. You can try to destroy us, but if you know Sophie as well as I do, you know she fights back. And hard. Believe me. Nothing, not you, not me, will stand in her way. You're the only one with a reputation to lose---and from what I've read, most people think you're the scum of the earth." Camille walked up the steps. "I'm out of here." She stopped and looked over her shoulder. "I'm sorry, Sophie. I should have known. Small dick, small mind." "I do not have a small dick," screamed Nicolas, his face turning red. The guests from the Sunday lunch clasped their hands over their mouths. I felt like I was the star of a B movie. Who were these people? Cartoon characters? "Oh, yes, you have a small penis. The smallest one I've ever seen," said Camille, winking at me. "And you think with it. Now, take me back to Paris so I can get rid of you. That is, unless you want my Instagram to blow up. Don't forget. I have pictures of your cornichon." Nicolas raced after Camille. "You salope, those pictures are private." Camille placed her hands on her skinny hips. "For now," she said. I had to give Camille credit when it was due; she wasn't a brain-dead model, she was fierce.
Samantha Verant (Sophie Valroux's Paris Stars (Sophie Valroux #2))
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Once you start focusing on income-producing activities, you will begin to see progress in the form of mistakes. When you start making phone calls, you will mess up your script and lose a sale. That is progress. Once you get your first appointment, you will walk the property and have no idea what to offer. That is progress. When you do finally make an offer, you will forget to close or make an offer that isn't accurate. That is progress. If you are continually moving forward and making mistakes, you are way ahead of the entrepreneur that spends weeks or months stuck in the planning phase. So many aspiring entrepreneurs know their script perfectly, but never make a cold call. It's about taking massive action.
ALL IN Nation (The Best Wholesaling Book Ever)
Hello friends, Here is rehaish.shop real estate agency in Lahore. We are providing house, apartment, villa, farm house, land and commercial property for sale or lease in lahore, pakistan.
Rehaish.Shop
This spread between replacement value and liquidation value may be high for real property—often as much as 10 to 20 percent. For instance, I buy a $100,000 painting and pay $7,000 more in sales taxes, for a total of $107,000. The next day I change my mind and sell it for the same price of $100,000, paying $10,000 in commissions, for net proceeds of $90,000. The spread was $90,000 to $107,000, a difference of $17,000 or 17 percent of the “base” price of $100,000. This is what is lost in a round of buying and selling. It’s that way with houses, cars, art, and jewelry. In contrast, the cost to trade listed securities is typically only a small fraction of a percent—which, along with their liquidity, makes them more appealing stores of wealth.
Edward O. Thorp (A Man for All Markets: From Las Vegas to Wall Street, How I Beat the Dealer and the Market)
Single-family property appraisals are largely based on comparable sales, while multifamily property valuations are driven primarily by income.
Steve Berges (The Complete Guide to Buying and Selling Apartment Buildings)
Following is a sample list of some points you will want to include in your business plan. These can all be organized in a very professional manner in a notebook that includes tabs. • Executive summary. Include a one- or two-page summary of your plan. • Mission statement. Include one or two paragraphs that succinctly state your purpose. • Background. Present information about yourself and your experience. • Financial statement. List your assets, liabilities, and net worth. • Site location. Include a list of benefits, maps, and proximity to shopping and schools. • Demographics. Present information about the people living in the area (income, education, etc.). • Competitor analysis. Determine who your competitors are and present average rents and sales comparisons. • Marketing strategy. Define your target market (tenants, buyers, etc.). • Financial analysis. Include historical and pro forma operating statements. • Improvements. Define capital improvements to be made to the property. • Purchase agreement. Include your sales contract with the seller. • Exhibits. Include photographs of the property, tax returns, sample floor plans, and the like.
Steve Berges (The Complete Guide to Buying and Selling Apartment Buildings)
First, you need to hire a 1031 Qualified Intermediary before you close on the sale of one of your properties. That person will act as your guide and escrow agent as you move through the sale of one property and the purchase of the next. After the sale of your “relinquished property” you have 45 days to identify the “replacement property” and a total of 180 days to close on that second property. You want to be looking for the replacement property before or during the marketing of the property you are selling. If you find a good opportunity, you can enter into a contract with a right to assign clause if your first property does not sell or with a 1031 clause in the purchase agreement if it does.
Gary Keller (The Millionaire Real Estate Investor)
OVER THE next few years, the number of African Americans seeking jobs and homes in and near Palo Alto grew, but no developer who depended on federal government loan insurance would sell to them, and no California state-licensed real estate agent would show them houses. But then, in 1954, one resident of a whites-only area in East Palo Alto, across a highway from the Stanford campus, sold his house to a black family. Almost immediately Floyd Lowe, president of the California Real Estate Association, set up an office in East Palo Alto to panic white families into listing their homes for sale, a practice known as blockbusting. He and other agents warned that a “Negro invasion” was imminent and that it would result in collapsing property values. Soon, growing numbers of white owners succumbed to the scaremongering and sold at discounted prices to the agents and their speculators. The agents, including Lowe himself, then designed display ads with banner headlines—“Colored Buyers!”—which they ran in San Francisco newspapers.
Richard Rothstein (The Color of Law: A Forgotten History of How Our Government Segregated America)
Blockbusters’ tactics included hiring African American women to push carriages with their babies through white neighborhoods, hiring African American men to drive cars with radios blasting through white neighborhoods, paying African American men to accompany agents knocking on doors to see if homes were for sale, or making random telephone calls to residents of white neighborhoods and asking to speak to someone with a stereotypically African American name like “Johnnie Mae.” Speculators also took out real estate advertisements in African American newspapers, even if the featured properties were not for sale. The ads’ purpose was to attract potential African American buyers to walk around white areas that were targeted for blockbusting
Richard Rothstein (The Color of Law: A Forgotten History of How Our Government Segregated America)
While purchasing an investment property, you need the expertise of professionals who protect your interests as they take you through the process of finding a home, making an offer, getting financing, and finalizing the sale.
Rasti Vaibhav (The Property Wealth Blueprint: How to build a robust portfolio to generate passive income and live the life you desire)
28 Cherry Street is currently listed at $145,000, and recent comparable sales show that the similar homes have sold for between $140,000 and $170,000. 28 Cherry Street, however, needs about $25,000 worth of work to be in nice condition. Therefore, if you pay $145,000 for it and put in $25,000 - you'll be at $170,000 and that doesn't count all the closing costs, holding costs, selling costs, unforeseen overages, or other fees that you'll have to pay. You will be underwater (owe more than it's worth) on this property no matter how much work you do to it. However, if similar homes were valued at $225,000, you would find that you had, indeed, made your profit when you bought.
Joshua Dorkin (BiggerPockets Presents: The Ultimate Beginner's Guide to Real Estate Investing)
As we discussed briefly in Chapter 4, federal law currently prohibits landlords from discriminating against prospective tenants who have had a felony conviction for drug use (as drug abuse is seen as a disability and is therefore covered under Fair Housing Laws), but not drug sales or manufacturing.
Brandon Turner (The Book on Managing Rental Properties: Find, Screen, and Manage Tenants With Fewer Headaches and Maximum Profits)
What one thing have I done that made the biggest difference?” I don't have some gene that others are missing, and I definitely haven't been lucky. I was not connected to the “right” people, and I didn't go to some blue-blood school. So what was it that made me successful? As I look back over my life, I see that the one thing that was most consistent with any success I've achieved was that I always put forth 10 times the amount of activity that others did. For every sales presentation, phone call, or appointment others made, I was making 10 of each. When I started buying real estate, I looked at 10 times more properties than I could buy and then made offers to ensure that I was able to buy what I wanted at the price I desired.
Grant Cardone (The 10X Rule: The Only Difference Between Success and Failure)
What are you trying to buy? Asset type? Size? Price? To determine the answer to the first question, do the following: Start with your own net worth. Add in friends and family. The total team net worth is your starting point. Choose a market. Consider travel time and expense. You must be able to be in your market to look at deals at least once a month. Determine the viability of your market. Job growth? Population growth? Get deal flow from the market. Real estate agents Find all commercial realty companies in the city. Get on all their mailing lists. Analyze deals online from realtors in the area. Call the realtors about their listings. Direct to owners Get lists of owners. Create a system to reach owners directly. Mail Text Cold calling Analyze deals. Income approach Income – Expenses = Net operating income Net operating income – Debt service = Cash flow Check with lenders for current terms on debt. What is the CoC return? Cap rate? Debt ratio? Comparable data Check the analyzed cap rate against cap rates in the area for similar properties. Check comparable sale prices. Comps should be close in size and age to the subject property. Comps should have similar amenities. Comps should be within a few miles of the subject property. Exit Hold and operate. Refinance. Sell or flip. Consider upcoming market conditions. Debt Check with lenders or a mortgage broker to determine the availability of loans for this type of property. What are the terms and conditions? Is this the information you used to analyze the deal originally? Make the offer. Use an LOI to submit the offer in writing. The LOI will summarize the main deal points. If your offer is less than 15 percent of the asking price, speak with the realtor before you submit the offer. Once the offer is accepted, send the LOI to your attorney and have them draft the purchase agreement. Draft the purchase and sale agreement. Now that you have a fully executed contract, the clock starts. Earnest money goes into escrow. Do your due diligence. Financial inspection Physical inspection Lease audit Begin your loan application. The lender will complete three inspections. Appraisal Environmental inspection Physical engineer inspection of the buildings Do your closing. The lender will wire the loan proceeds to the closing escrow. Wire your down payment funds to the closing escrow. You own a new property! Engage property management for takeover of operations.
Bill Ham (Real Estate Raw: A step-by-step instruction manual to building a real estate portfolio from start to finish)
Tesla Motors was created to accelerate the advent of sustainable transport. If we clear a path to the creation of compelling electric vehicles, but then lay intellectual property landmines behind us to inhibit others, we are acting in a manner contrary to that goal. Tesla will not initiate patent lawsuits against anyone who, in good faith, wants to use our technology. When I started out with my first company, Zip2, I thought patents were a good thing and worked hard to obtain them. And maybe they were good long ago, but too often these days they serve merely to stifle progress, entrench the positions of giant corporations and enrich those in the legal profession, rather than the actual inventors. After Zip2, when I realized that receiving a patent really just meant that you bought a lottery ticket to a lawsuit, I avoided them whenever possible. At Tesla, however, we felt compelled to create patents out of concern that the big car companies would copy our technology and then use their massive manufacturing, sales and marketing power to overwhelm Tesla. We couldn’t have been more wrong. The unfortunate reality is the opposite: electric car programs (or programs for any vehicle that doesn’t burn hydrocarbons) at the major manufacturers are small to non-existent, constituting an average of far less than 1% of their total vehicle sales. Given that annual new vehicle production is approaching 100 million per year and the global fleet is approximately 2 billion cars, it is impossible for Tesla to build electric cars fast enough to address the carbon crisis. By the same token, it means the market is enormous. Our true competition is not the small trickle of non-Tesla electric cars being produced, but rather the enormous flood of gasoline cars pouring out of the world’s factories every day. We believe that Tesla, other companies making electric cars, and the world would all benefit from a common, rapidly-evolving technology platform. Technology leadership is not defined by patents, which history has repeatedly shown to be small protection indeed against a determined competitor, but rather by the ability of a company to attract and motivate the world’s most talented engineers. We believe that applying the open source philosophy to our patents will strengthen rather than diminish Tesla’s position in this regard.[431]
Charles Morris (Tesla: How Elon Musk and Company Made Electric Cars Cool, and Remade the Automotive and Energy Industries)
I protest that in criticizing property, or rather the whole mass of institutions of which property is the pivot, I have never intended either to attack individual rights, based upon existing laws, or to contest the legitimacy of acquired possessions, or to demand an arbitrary division of goods, or to place any obstacle to the free and regular acquisition, by sale and exchange, of property, or even to forbid or suppress, by sovereign degree, ground rent and interest on capital. I think that all these manifestations of human activity should remain free and voluntary for all: I ask for them no modifications, restrictions or suppressions, other than those which result naturally and of necessity from the universalisation of the principle of reciprocity which I propose.
Pierre-Joseph Proudhon
Lawyers for Document Registration in Chennai The procedures for document registration and ownership transfers must be followed. Transferring ownership is the process. Real estate must first be owned by the person who wants to build on it, borrow against it, or sell it. There are a number of legal documents, such as gift deeds, transfer deeds, sale deeds, and relinquishment deeds, that the owner of the property can use to transfer the ownership rights to another person during that person's lifetime. We strive to satisfy the demands of our clients, which is why many in Chennai consider us to be the Best Document Registration Lawyers. view us: iconlegalservices.com
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Minus The Agent is a leading property portal in Australia that aims to empower a property owner to make a deal without engaging an agent. It achieves this by enabling online selling or renting of property. The user on this site can easily list a property. There are a number of packages available for selling and renting purposes for a user to choose from. The user can select a package as per his requirements and pay for it. Minus The Agent believes that publicity and marketing are necessary for a successful sale. Therefore, it enhances the visibility of the property by listing it on leading property websites in Australia. Further, the property is advertised on social media sites. The site believes in providing complete autonomy to its users. This enables them in being in complete control of the deal. This is facilitated by allowing the users to upload details and photographs of their choice of property. They also have 24/7 access to the site to modify this data if required. There are no hidden charges. Once listed, the property remains on the site till the deal is done.
Jodie Kelly
Face Problem to Sell Property? Confuse how to take Genuine Buyer? Every homeowner will face the challenge of pricing their home for sale. The main problem is facing reality. No matter what your home is like, you might think it is worth more than it is because the things that don’t bother you might really bother other people. Usually, the homeowner doesn’t even meet the potential buyers. The real estate people handle everything. Because they know the exact situation of real estate market, goals, credit etc. To get a genuine buyer for your property, we must list the property of ours on the listing websites. we build genuine leads from these platforms as per our requirements to sell property.
Shipra Malhotra
Ironically, the only drug that has been shown to stimulate violent behavior, through its psychopharmacological effects on brain and behavior, is one that is legal — alcohol. And the most dangerous drug of all, without any close competitors — the drug whose very use is an act of violence, since it kills both those who use it and those whom they expose to it, and kills incomparably more people than are killed in the gang wars precipitated by the illegal drugs — is another legal drug, tobacco. So the net effect of the drug laws has been to outlaw the drugs that prevent violence, legalize the one that causes violence, legalize the other one whose use is an act of violence, precipitate violence over the sale of the illegal (but violence-preventing) drugs, subsidize an illegal drug industry which as a result is powerful enough to destabilize several fragile Third World countries, exacerbate the AIDS epidemic, and so on. Clearly, repealing these laws and providing treatment rather than punishment would be one of the most important and effective steps we could take in the secondary prevention of violence. The RAND Corporation (Caulkins, et al., Mandatory Minimum Drug Sentences, 1997), for example, found that treatment of heavy users of drugs reduced serious crimes against both persons and property ten times as much as conventional law enforcement did, and fifteen times as much as mandatory minimum sentences. And, not surprisingly, treatment was also vastly more effective in reducing cocaine consumption than either conventional law enforcement or mandatory minimum sentences.
James Gilligan (Preventing Violence (Prospects for Tomorrow))
Skills?” Zundel asked finally. “Don’t you need to go to college for that?” Gavriel shook his head noncommittally. “Not necessarily. You can write if you’ve ever worked with computers. Or if you’re good at math. Things like that.” He looked around the room as the men looked timidly at the forms in front of them. “Don’t be modest,” Gavriel said. “This is the place to brag.” And so we sat and wondered what we might brag about. We knew a lot about commerce in first-century Palestine. We could write contracts on property sales that would be legally binding in fifth-century Babylonia. A handful of us knew exactly how to slaughter an ox in Jerusalem’s ancient temple, skin it, clean it, and separate the priestly portions. But this was the first we’d heard of rezemays. Slowly, we began to fill in our names, our addresses, and phone numbers and then tried to think of what we might consider a skill. Excellent English reading and writing skills, I wrote down.
Shulem Deen (All Who Go Do Not Return)
Further, unlike traditional retailers for which rent typically had a fixed cost component regardless of sales, Zoom proposed a profit-sharing model, paying the property owner a portion of the revenues (between 5 and 10 percent) for the physical space it used.39 While the profit-sharing model didn’t necessarily decrease Zoom’s operating costs, it did lessen Zoom’s risk and its breakeven point. By moving a potential fixed cost (rent) to variable cost (the landlord’s share of revenue) Zoom reduced the costs of testing its leaps of faith too. If the Zoom store didn’t generate enough revenue, Zoom could simply move it to a more promising location.
John W. Mullins (Getting to Plan B: Breaking Through to a Better Business Model)
Baby boomers own about 40 percent of homes in the US; that could lead to a sell-off of larger family homes as they downsize to maintenance-friendly condo-style properties, increasing the number of single-family homes for sale. More homes on the market could lead to a sharp decline in home prices—bad for homeowners but a benefit for real estate investors looking to snap up residential properties.
Michele Cagan (Real Estate Investing 101: From Finding Properties and Securing Mortgage Terms to REITs and Flipping Houses, an Essential Primer on How to Make Money with Real Estate (Adams 101))
Then come the fees: virtually all interval funds charge a sales fee (or “front-end load”) when you buy shares, and those fees typically hover around 5.25 percent. So if you invested $1,000 in a real estate interval fund, you only end up buying $947.50 worth of shares (and paying a sales charge of $52.50). With most funds, you’ll also pay a redemption fee (usually around 2 percent) when you sell your shares. Interval funds also charge more in ongoing fees than managed mutual funds (and substantially more than ultra-low fee index funds). The ongoing expense ratios range from about 2.25 percent to more than 5 percent annually. So for every $1,000 you have invested, you could pay more than $50 in annual fees.
Michele Cagan (Real Estate Investing 101: From Finding Properties and Securing Mortgage Terms to REITs and Flipping Houses, an Essential Primer on How to Make Money with Real Estate (Adams 101))
If the data suggests that the area is in a recession–property values have dropped, property sales are down, the number of listings with price reductions has increased–then it is a good time to buy low. You should, however, first check the data to be sure that the market is showing signs of stabilization. Use what you know about the various forces driving that submarket’s economy to gauge the likelihood of an upcoming upturn–if the prospects look good, you might very well be ahead of the curve on this, and be able to buy before everyone else starts to catch on.
Manny Khoshbin (Manny Khoshbin's Contrarian PlayBook)
Whenever you sell a capital asset for a gain or loss, that sale gets reported on Schedule D. The gains and losses are sorted based on timing: short-term for assets held for one year or less and long-term for assets held longer than one year. That timing matters because gains on short-term holdings are taxed at ordinary rates rather than the more favorable capital gains tax rates (0 percent, 15 percent, or 20 percent depending on your income). Capital gains can be used to offset capital losses, and you only have to pay tax on your overall net capital gains. If you end up with a net capital loss, you can deduct up to $3,000 of it against your other income; the rest gets carried forward to the next year.
Michele Cagan (Real Estate Investing 101: From Finding Properties and Securing Mortgage Terms to REITs and Flipping Houses, an Essential Primer on How to Make Money with Real Estate (Adams 101))
As an investor, you pay lower capital gains taxes on any property sale profits. As a dealer, you pay higher ordinary income tax rates plus self-employment taxes (Social Security and Medicare). If you do get stuck in this dealer category, you’ll probably be eligible for the 20 percent deduction, so check with your tax preparer.
Michele Cagan (Real Estate Investing 101: From Finding Properties and Securing Mortgage Terms to REITs and Flipping Houses, an Essential Primer on How to Make Money with Real Estate (Adams 101))
• Loads are sales charges that kick in when you buy (front-end load) or sell (back-end load) open-end mutual fund shares. • Expense ratio refers to ongoing fees for the fund, which range from 0.09 percent to more than 3 percent; lower fees are associated with index funds, higher fees with managed funds. • Minimum investment requirement for open-end funds typically ranges from $500 to $3,000 for the initial investment only. • NAV (net asset value) equals the total current value of all assets held by the fund minus any outstanding liabilities divided by the total number of outstanding shares [(assets – liabilities)/shares].
Michele Cagan (Real Estate Investing 101: From Finding Properties and Securing Mortgage Terms to REITs and Flipping Houses, an Essential Primer on How to Make Money with Real Estate (Adams 101))
seems to have quite a stash of gold coins. Isn’t that interesting, Jack?” she said, that long sly grin spreading across her broad face. She gave him a wink as he headed out the door. “Most interesting,” Jack said, tucking the information into his brain. Jack was putting a lot of things together, and they added up to trouble. The banker, Feemster, and his big mouth told Jack about the mine payroll, even when it was leaving Elko. “If he told me,” Jack said to Cactus, “how many other people did he tell?” The Elko County Sheriff, Cyrus Simpson, wanted to own lots of property in The Meadows but doesn’t assign a deputy to the area. “Is that why Melissa Thompson was having difficulty with her property sale? What is the sheriff’s game?” Jack’s mind continued rambling at a high lope. Irene told him about Clint Bayliss spending lots of money even though the fool couldn’t keep a job. “If you robbed a payroll, would you start spending that money wildly?” he asked Cactus Jack. “I don’t know yet how I’m going to prove it, but I’d be willing to bet that Bayliss was behind that mine payroll robbery. This meeting might get very interesting, Cactus Jack, my friend,” he said as they walked into a packed barn. “Looks like at least fifty people,” he said, wending his way toward where Paddock was seated, near the front. Chairs and benches were set up in a semi-circle, almost in a horseshoe pattern, and just about every space was filled when Valley Paddock rose and turned to the audience. “For most of us,” he began, “this is the first time that we have all been together, and I’m certainly glad that so many of us have turned out for this important gathering. Our little community, the town with so many names,” and there was genuine laughter at that, “has many problems and those that want to run Elko County don’t give a hoot about us.
Johnny Gunn (Jack Slater: Orphan Train to Cattle Baron: (A Traditional Western Series))
even if Antony held back the moneys due. He also put up for sale all Caesar’s properties and estates.
Anthony Everitt (Augustus: The Life of Rome's First Emperor)
The land is often considered a gift of grace in the Bible, especially in the Hebrew Scriptures. The land was the source of sustenance and thus reflected God’s will that all would have the necessities on this earth. Therefore, it is an image that often refers to natural grace. Those who take this natural, freely-given grace and turn it into a commodity, who privatize the land and sell it back to God’s creatures for profit, rob from the Lord. They are unfree. But the grace of God is not for sale. What God has given in common belongs to all; only by theft and violence does it become the exclusive property of the few.
Stephen D. Morrison (All Riches Come From Injustice: The Anti-mammon Witness of the Early Church & Its Anti-capitalist Relevance)
In late January, the mayor sent a message to the city council asking it to prevent the sale of ammunition to black people, to prevent slaves from renting rooms in the city or occupying dwelling places there, and to prevent the slaves from congregating except at funerals and the Sunday dances. The mayor also asked the council to hold slaveholders more accountable for the behavior of their slaves by levying a tax on the planters’ most dangerous property.
Daniel Rasmussen (American Uprising: The Untold Story of America's Largest Slave Revolt)
Courts existed in Mesopotamia to adjudicate property disputes, and it was not unheard of for lawsuits to span decades. Evidently, it was part of the function of the local chapels in Dumuzi-gamil’s time to notarize or witness the drawing up of important documents like deeds of sale. Such deeds were necessary for even tiny plots of property. Marc Van De Mieroop found one transaction for four square yards. Neighborly lending appears to have been on the decline in second-millennium Ur—sales were recorded even between brothers. Almost all these sales were denominated in silver.
William N. Goetzmann (Money Changes Everything: How Finance Made Civilization Possible)
Federal funding of the interstate highways, whose routes often deliberately tore through communities of color, literally paved the way for white flight. At the same time, federally guaranteed mortgages issued by the Federal Housing Authority and Veterans Administration made home ownership accessible to millions of Americans living in neighborhoods that were restricted to whites through overt measures such as restrictive covenants (contracts signed by property owners in all-white neighborhoods prohibiting the sale of homes to nonwhites) and through the stealthy acts of realtors and neighbors.
Grace Lee Boggs (The Next American Revolution: Sustainable Activism for the Twenty-First Century)
Reconstructing family life amid the chaos of the cotton revolution was no easy matter. Under the best of circumstances, the slave family on the frontier was extraordinarily unstable because the frontier plantation was extraordinarily unstable. For every aspiring master who climbed into the planter class, dozens failed because of undercapitalization, unproductive land, insect infestation, bad weather, or sheer incompetence. Others, discouraged by low prices and disdainful of the primitive conditions, simply gave up and returned home. Those who succeeded often did so only after they had failed numerous times. Each failure or near-failure caused slaves to be sold, shattering families and scattering husbands and wives, parents and children. Success, moreover, was no guarantee of security for slaves. Disease and violence struck down some of the most successful planters. Not even longevity assured stability, as many successful planters looked west for still greater challenges. Whatever the source, the chronic volatility of the plantation took its toll on the domestic life of slaves. Despite these difficulties, the family became the center of slave life in the interior, as it was on the seaboard. From the slaves' perspective, the most important role they played was not that of field hand or mechanic but husband or wife, son or daughter - the precise opposite of their owners' calculation. As in Virginia and the Carolinas, the family became the locus of socialization, education, governance, and vocational training. Slave families guided courting patterns, marriage rituals, child-rearing practices, and the division of domestic labor in Alabama, Mississippi, and beyond. Sally Anne Chambers, who grew up in Louisiana, recalled how slaves turned to the business of family on Saturdays and Sundays. 'De women do dey own washing den. De menfolks tend to de gardens round dey own house. Dey raise some cotton and sell it to massa and git li'l money dat way.' As Sally Anne Chambers's memories reveal, the reconstructed slave family was more than a source of affection. It was a demanding institution that defined responsibilities and enforced obligations, even as it provided a source of succor. Parents taught their children that a careless word in the presence of the master or mistress could spell disaster. Children and the elderly, not yet or no longer laboring in the masters' fields, often worked in the slaves' gardens and grounds, as did new arrivals who might be placed in the household of an established family. Charles Ball, sold south from Maryland, was accepted into his new family but only when he agreed to contribute all of his overwork 'earnings into the family stock.' The 'family stock' reveals how the slaves' economy undergirded the slave family in the southern interior, just as it had on the seaboard. As slaves gained access to gardens and grounds, overwork, or the sale of handicraft, they began trading independently and accumulating property. The material linkages of sellers and buyers - the bartering of goods and labor among themselves - began to knit slaves together into working groups that were often based on familial connections. Before long, systems of ownership and inheritance emerged, joining men and women together on a foundation of need as well as affection.
Ira Berlin (Generations of Captivity: A History of African-American Slaves)
Welcome to First St. Maarten Real Estate, where Dieter Schaede, the visionary director, presents an unparalleled opportunity to own a piece of paradise! Their agency offers extensive property opportunities, ranging from stunning condos and luxurious villas for sale to captivating vacation rentals and long-term accommodations on the breathtaking island of St. Maarten. Reach out and let Dieter Schaede's First St. Maarten Real Estate be your guide as you unlock the beauty and splendor of island living.
Dieter Schaede
To glean information from a seller, here are some other questions we like to ask: “How long have you owned the property?” “How long have you been thinking about selling the property?” “Have you already found a new place to live?” “What do you plan to do with the money from the sale?” “Are you under any pressure to sell?” “Are the payments current?
J. Scott (The Book on Negotiating Real Estate: Expert Strategies for Getting the Best Deals When Buying & Selling Investment Property (Fix-and-Flip 3))
While the payoff price of the property shouldn’t necessarily drive your opening offer, you should realize that in most cases, the payoff price of the house will be the seller’s worst-case MAO (this is what they need to get from the sale). In many cases, their MAO will be higher than the payoff (they want to walk away with additional cash from the sale), but rarely will it be lower.
J. Scott (The Book on Negotiating Real Estate: Expert Strategies for Getting the Best Deals When Buying & Selling Investment Property (Fix-and-Flip 3))
Before we begin let’s think back to Chapter 5, where we attempted to get the following three key pieces of information from the seller or the seller’s agents: The seller’s source and level of motivation. The payoff price of the house. The seller’s stated lowest acceptable sale price.
J. Scott (The Book on Negotiating Real Estate: Expert Strategies for Getting the Best Deals When Buying & Selling Investment Property (Fix-and-Flip 3))
And it might have blown over, if Nick had not confessed. The police, at this point, did have very little evidence. They had no stolen property. They had some fingerprints they couldn’t place. The Patridge video was grainy enough that some good defense lawyer conceivably could have argued it away. If Nick hadn’t confessed to committing multiple crimes with his friends, it’s possible that nothing much would have ever happened to any of them. Why he did confess is one of the most puzzling aspects of this story.
Nancy Jo Sales (The Bling Ring : How a Gang of Fame-Obsessed Teens Ripped Off Hollywood and Shocked the World)
Outreach to a For Sale by Owner (FSBO)/expired listing Hi it’s (insert name) calling from (insert agency) You may not know me, but I have sold a lot of properties in your area and I have noticed you were looking to sell (insert property address) Is this property still available?
Phil M. Jones (Exactly What to Say: For Real Estate Agents)
Me: “Okay, so we agree, you guys stay in the house until the school year ends. This is going to make it hard for us to make a profit on this deal, as the house needs a good bit of work, and we wouldn’t be able to get it renovated and back on the market until after the selling season. But, that’s now our problem—it’s a risk we’re just going to have to take. How much cash are you guys looking to get out of the sale?” Notice a couple things from my follow-up comment: I reinforced both the fact that I had given a concession and that it was a big sacrifice for us; I subtly mentioned that the house needed a good bit of work, planting the idea in their head that their house may not be worth what they expected; Immediately after bragging about my sacrifice and lowering their expectation for what their house would be worth, I ask them to throw out a price (now is a first opportunity for them to reciprocate, potentially asking for less than they otherwise would have). Long story short, always take the opportunity to point out the value of your concessions to the other party.
J. Scott (The Book on Negotiating Real Estate: Expert Strategies for Getting the Best Deals When Buying & Selling Investment Property (Fix-and-Flip 3))
Investor: “Great! Now, I know we talked about the fact that you want $110,000 for the house. I already mentioned that I’d be purchasing your house as an investment, and unfortunately, I just can’t afford to pay that much and still be able to make a profit on the deal. But, here’s what I can do. I can either pay you $90,000 in cash for the property or I can pay you $100,000 if you’re willing to owner finance the sale. That means we would complete the sale in ten days, but you would wait six months to collect your $100,000. Which of those options would you prefer?” At this point, if you’ve done a good job of selecting your offer prices (e.g., you weren’t too generous), there is a good chance the seller isn’t going to accept either of those offers without some additional negotiation. The good news is that we’ve gotten the seller to implicitly agree to all the other terms and contingencies in the contract. Not only that, but we’ve now given the seller two options for the sale price, and his response to your final question (“Which of those options would you prefer?”) will give insight into which direction the negotiation goes.
J. Scott (The Book on Negotiating Real Estate: Expert Strategies for Getting the Best Deals When Buying & Selling Investment Property (Fix-and-Flip 3))
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RealEstateExpress (Florida Real Estate Pre-Licensing Supplemental Review Book)
My mother holds these markers all over town; people who owe her a favour. It might be a peek into planning documents, or preferential treatment at an up-coming retail sale, or even a private viewing of a property before it hits the market.
I.M. Millennial (A Year in Boomertown: A Memoir)
there are growing fears that expulsion has become more possible in the past few years than at any time since 1948, with religious nationalists and settlers dominating successive Israeli governments, explicit plans for annexations in the West Bank, and leading Israeli parliamentarians calling for the removal of some or all of the Palestinian population. Punitive Israeli policies are currently directed at forcing as many Palestinians as possible out of the country, while also evicting some within the West Bank and the Negev inside Israel from their homes and villages via home demolition, fake property sales, rezoning, and myriad other schemes. It is only a step from these tried-and-true demographic engineering tactics to a repeat of the full-blown ethnic cleansing of 1948 and 1967.
Rashid Khalidi (The Hundred Years' War on Palestine: A History of Settler Colonialism and Resistance, 1917–2017)
The evidence of past mistakes was still everywhere in 2000. Koch Industries was still carrying the accumulated litter that was left behind by countless Value Creation Strategies, years of acquisitions, and rapid growth. As Koch reviewed its holdings, one executive described the corporate structure as representing a table piled high at a rummage sale, full of odds and ends that had no apparent rationale for belonging together. Koch began to unload these properties, selling off pipeline holdings like the Chase Transportation Company. It sold a chemical firm called Koch Microelectronic Service Company and closed down a new $30 million chemical plant in Bryan, Texas. Over a period of years, Koch would sell off thousands of miles of pipelines. The corporate odds and ends were discarded. The remaining businesses at Koch were restructured and streamlined. The most important division, Koch Petroleum, was renamed Flint Hills Resources and given new leaders. Other businesses were consolidated under a new, simplified structure that put them under the umbrella of a few new companies like Koch Minerals, Koch Supply & Trading, and Koch Chemical Technology Group.
Christopher Leonard (Kochland: The Secret History of Koch Industries and Corporate Power in America)
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Here are some specific things we look for in a real estate listing: Price: If a house is priced below market value, that is the best indication that the seller is motivated. They are willing to give up at least some profit in return for a quicker sale. On the other hand, when a house is listed above market value, this typically indicates that seller is not desperate to sell and is more interested in a high sale price than a quick sale. Additionally, once a seller lists a property above market value, they will become anchored to that above-market price, and—barring any major realizations by the seller—it will be difficult to break that anchor and get a great deal on the property. Days on Market (DOM): The second piece of information a listing can provide with respect to motivation is the number of days the property has been listed for sale. Typically, when a seller first lists a property, they are confident (or at least optimistic) that they will get an offer close to list price. For that reason, it’s generally difficult to purchase newly listed properties much below list price.
J. Scott (The Book on Negotiating Real Estate: Expert Strategies for Getting the Best Deals When Buying & Selling Investment Property (Fix-and-Flip 3))
Donny Disbro is now the driving force behind Standpoint Construction's National Commercial sales. His 20+ years in property management, including a prominent role at PCM, uniquely position him to tackle the challenges faced by HOAs. Donny's passion lies in aiding communities affected by natural disasters, a commitment reflected in his impressive sales record.
Donny Disbro
accumulated immense capital, and grew more arrogant as their wealth increased. They bid for all properties on sale in the various districts, and raised prices to such fantastic heights that the whites who were not wealthy could not buy, or ruined themselves by attempting to keep pace with them. Thus, in some districts, the finest properties were in the possession of the half-castes, and yet they were everywhere the least ready to submit to statute labour and the public dues. Their plantations were the sanctuary and asylum of the freedmen who had neither work nor profession and of numerous fugitive slaves who had run away from their gangs. Being so rich they imitated the style of the whites and sought to drown all traces of their origin.
C.L.R. James (The Black Jacobins: Toussaint L'Ouverture and the San Domingo Revolution)
Hudson Creek is a decaying strip of buildings on either side of the highway, clinging to the road like barnacles on a rotting pier. If this were an ecosystem, I’d say it was on the verge of collapse. FOR SALE signs litter stretches of property with dilapidated buildings that look like they haven’t had two-legged occupants in years. Occasionally I spot signs of life. Aluminum-sided trailers covered in faded paint with clothes dangling nearby on lines. Someone lives there, if this is what you can call living. I’ve seen plenty of poverty in my travels. Not all of it radiates despair. I’ve been to slums where the electricity falters at night, but the live music keeps going. I’ve visited shantytowns where a new pair of shoes is as rare as a Tesla, yet people wear homespun clothes as vibrant as any I’ve seen. Hudson Creek has none of that. There’s no new construction. No signs that the town is fighting for life. The only things not falling apart are the shiny new cars I occasionally spot in weed-infested driveways. These people have mixed-up priorities. Or do they? Would you invest in landscaping if you knew your property values were going to keep declining? Maybe it’s better to spend your money on an escape pod with leather seats and a Bluetooth system.
Andrew Mayne (The Naturalist (The Naturalist, #1))
Let’s look at the case of Opsware. Why did I sell Opsware? Another good question is why didn’t I sell Opsware until I did? At Opsware, we started in the server automation market. When we received our first inquiries and offers for the server automation company, we had fewer than fifty customers. I believed that there were at least ten thousand target customers and that we had a decent shot at being number one. In addition, although I knew the market would be redefined, I thought that we could expand to networks and storage (data center automation) faster than the competition and win that market as well. Therefore, assuming 30 percent market share, somebody would have had to pay sixty times what we were worth in forward credit to buy out our potential. You won’t be surprised to find that nobody was willing to pay that. Once we grew to several hundred customers and expanded into data center automation, we were still number one and were more valuable stand-alone than any of the prior acquisition offers. At that point both Opsware and our main competitor, BladeLogic, had developed into full-fledged companies (worldwide sales forces, built-out professional services, etc.). This was significant, because it meant that a large company could buy one of us and potentially execute successfully (big enterprise companies can’t generally succeed with small acquisitions, because too much of the important intellectual property is the sales methodology, and big companies can’t build that).
Ben Horowitz (The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers)
The reality was, he had this cabin and about a couple thousand dollars that would have to last all winter. There was no hidden bank account, no benefit checks, no retirement. He could put the property up for sale, but there probably wouldn’t be a buyer, maybe for years. He didn’t have things to sell or barter. He could beg her to stay, but he wasn’t sure he’d ever be able to even build her an indoor bathroom. He’d let himself get down to practically nothing, enjoying the deprivation on some screwed-up level. Then Marcie showed up and suddenly he felt like a rich man. Just
Robyn Carr (A Virgin River Christmas (Virgin River #4))