Halkalı Halı Yıkama Beylikdüzü Halı Yıkama Bahçeşehir Halı Yıkama seocu
Real Estate

5 Real Estate Quotes To Never Ignore And Hidden Wisdom They Possess

Real estate goes beyond houses and corporate high-rises. It is a foundational and much-required asset class for wealth creation, multiplication, transfer, and preservation. It is, no doubt, an indispensable tool designed for the support and sustenance of human life.

Humans, over the centuries, have applied intelligence to raw physical real estate to transform it. This value addition, in turn, attracts monetary value and has also created a lot of eureka moments, some of which have been documented for knowledge transfer and to inspire. These documented discoveries reinforce further the role and importance of real estate as a constant in the wealth creation equation and they have led to more work, discoveries and opportunities.

One way this has been done is through quotes. Business legends living and long gone who have learnt and used the tenets of real estate have condensed their findings and lessons into quotes so as to convey to other people, in simple terms, their theories – as long as you see the goldmine they possess. These quotes can help you do more when you seek to understand them by asking the right questions and not limiting their use to marketing.

Some of the best quotes are thus analyzed below. These quotes have been identified with the goal of helping you extract more meaning. They will also help you to possibly chart a course towards your own discoveries, ultimately leading to sustainable and exponentially increasing wealth creation through real estate.

Ninety per cent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate—Andrew Carnegie

The development and transformation of mankind have been made possible by the continuous interaction and interdependence between the two kinds of real estate that exist. The first kind of real estate is the physical real estate (universe) while the second is the human being. There is no gainsaying the fact that many millionaires and billionaires have emerged through real estate and this quote by Scottish businessman and philanthropist, Andrew Carnegie, puts it into context. It explains that not only have many of the wealthiest men in history’s books emerged from real estate, many still will.

READ MORE:  5 Fantastic Content Ideas for Real Estate Marketing on Instagram

There is still much money to be made on a continuous basis as long as the earth exists and this will always be true because real estate (land) plays a foundational role in economic prosperity. However, for the investor of today to make the most out of the opportunity presented, he or she must devote time to seeking answers on consistently delivering value such that money can be made regardless of changing trends and cycles. There are tools that allow you to maximize the use of real estate to create wealth sustainably. Your job is to find these tools.

I used to own two homes in Atlanta. But it was a lot of trouble. There are leaky roofs; you have to call people. It takes up too much time to own property everywhere. Now I stay at the St. Regis. I used to like cars a lot, too. I had 25 of them: Porsches, Ferraris— Aliko Dangote

In this quote, Aliko Dangote, billionaire and richest man in Africa, explains that he once owned two homes in another country and it was a lot of trouble for him. It goes to show the importance of having a personal definition for real estate and knowing what it will cost you to achieve the goals you set. People own real estate in several locations for several reasons. When the reasons are more emotional than logical, it will mean more expenses and headache than income. In such a case, redress is required.

What are the factors that make real estate investments in multiple locations problematic? How do you circumvent these factors? These are the questions to be asked. Experience shows that the challenges around multiple locations real estate range from improper coordination of assets, maintenance, management and ultimately, liquidation. It is also important to check if the idea of multiple home investments in different locations meets your wealth creation and lifestyle goals and not just an emotional deficit issue.

READ MORE:  Why PMBs can’t create mortgages or give housing loans

The major fortunes in America have been made in land—John D. Rockefeller

There is a popular story of a man who sold his field only to find out after selling that his field contained an expensive mineral resource which was in high demand. Land holds a large percentage of all the natural resources in raw form. Solid, gaseous, liquid and semi-solid minerals are found within the earth’s crust.

What the late American business magnate means here is that there is more to land than what’s on the surface and you can only get the best use of your investment in real estate when you invest with clarity of purpose, plan, intentionality and diligence. If the buyer of the field in that story had bought the property without a plan and abandoned it, he may never have known that the property had high-value treasures of the earth in it.

The earth crust holds so much for wealth creation. An investor and a nation at large should seek to know what fortunes are available in real estate and how these fortunes can be made in succession for collective prosperity.

READ ALSO: American Real Estate Investor Eyes Nigerian Market

If you don’t own a home, buy one. If you own a home, buy another one. If you own two homes, buy a third. And, lend your relatives the money to buy a home—John Paulson

John Paulson is an investor and multi-billionaire, and this quote by him nudges you to answer the pressing question: Why own more than one home? By all means, invest as much as you can in real estate, but be sure you are able to give a logical and profitable reason why you should own more than one home in specific locations and you must know how best to manage them.

READ MORE:  Saudi real estate 'to witness healthy correction in 2019'

If you would lend your relative money to buy a home, you must also figure out how the money will be paid back without family feuds. It is important to build a structure that makes it profitable to lend family members and other people money to buy homes. This is why there is such a thing as real estate financing.

We have the best flat land; you can grow anything in the cheapest possible way; turning Nigeria around is not really that difficult. Nigeria is really the best place to invest; it is one of the places to make money; all over the world it (Nigeria) is the best-kept secret actually in terms of investment—Aliko Dangote

Housing Deficit

All countries of the world have resources and peculiarities. An investment in the real estate of a certain country requires that you see something spectacular, tangible and measurable. It is also important to know what is within your control. As an ambitious investor, you should ask questions around an existing billionaire’s perspective, modify the answers based on current realities and create a desired financial or business growth outcome for yourself.

More insights have been distilled from these quotes and many others which have been converted into actionable steps to grow real estate investments, optimize profit in changing times and through real estate cycles. To request for these distilled insights, send an email to info@futureperfectproperties.com.

Previous ArticleNext Article

Leave a Reply

Your email address will not be published. Required fields are marked *

mersin escort bayan mersin escort bayan mersin escort bayan mersin escort bayan erotik film izle erotik film malatya escort bayan malatya escort bayan malatya escort bayan malatya escort bayan
Share via
Copy link
%d bloggers like this:
Kıbrıs gece kulüpleri