A Quote by Barry Sternlicht
I suppose I was a frustrated artist. I like fitting things together, and there are plenty of different ways to do that with real estate.
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I really took the lead on putting together the real estate fund-to-funds. Real estate was always interesting to me.
What is John Arriaga's circle of competence? Is it real estate? No! Is it U.S. real estate? No! Is it California real estate? No! Northern California real estate? No! Only real estate around Stanford. His circle of competence is this small.
Entertainers have no brain...I get frustrated when I hear things like that from people. We have different goals. We have our own ways. I try to do the best I can, but still.
What people really haven't thought about with real estate is, if you get tax reform, you're going to see real estate now... the velocity of selling and buying real estate will just kick.
We all go to different churches or no churches, we have different favorite foods, different ways of making love, different ways of doing all sorts of things, but there we're all singing together. Gives you hope.
Being an artist doesn't just mean you have a song. That doesn't make you an artist. The word 'artist' means so many different things, and I feel like to be a real one, you really have to do it all. The people that I think of as artists - Tyler the Creator, Childish Gambino, Kanye West - are doing the most.
And if you call one a real estate agent and he won't sell you anything. He is a REALATOR. It's the same as what the old fashioned real estate agent used to be only the commission is different.
In my twenties, I floated around for years, doing the odd theatre job but mainly leading a hedonistic lifestyle, getting intoxicated in plenty of different ways in plenty of different places.
H2O it's a complicated, three-dimensional, charged object. And one can pack these things in many different ways, a little like playing the child's game of jacks, where those complicated little objects can be thrown together in all different ways.
I was a frustrated musician, frustrated designer, frustrated art director, frustrated novelist, right. I'd fail at all these different professions.
A real estate closer. Oh, what's that? I'm a real estate opener. What is a real estate closer? You mean at the end where you've got to sign all those papers?
Today the strategies of many companies in the real estate industry are premised on low interest rates, an assumption that has resulted in the rapid expansion of the real estate securitization business. This trend could be regarded as a risk factor, as it exposes the real estate sector to at least three potential problems: first, interest rate hikes; second, revisions to securitization business accounting standards; and third, overheating in the real estate market.
Attention is a bit like real estate, in that they're not making any more of it. Unlike real estate, though, it keeps going up in value.
Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.
For me, I love doing different things with real estate.
The business side of real estate investing is fraught with risk. Unlike purchasing mutual funds or savings bonds, with real estate, you can lose money; this is one of the reasons that seasoned real estate investors caution neophytes never to get too emotional about a property and always be willing to walk away.
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