A Quote by Marc Randolph
It was a long, circuitous route from my mom's real estate business to Netflix. It didn't happen overnight. Or in a year. Or even in ten years. But it happened.
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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.
Cities and regions change. It doesn't happen overnight, but diversifying your economy is the only real route.
Everybody expects the fairy tale - you're going to be together forever with somebody. I don't really subscribe to that. I'd love that to happen if that happened, but ten years is enough. Ten years is a good thing with somebody, I think. It's a nice thing. A lot of good love can happen in ten years.
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.
Within ten years, he had earned his college degree and was a millionaire from his business enterprises in real estate, landscaping, and bodybuilding. He was also the winner of a Golden Globe Award for his debut as a dramatic actor in Stay Hungry.
Nobody is an overnight success. Most overnight successes you see have been working at it for ten years.
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.
By 2003, every fool was getting into real estate. The checkout girl at my local supermarket handed me her newly printed real estate agent business card.
It's so funny, this thing of 'overnight success.' I've been doing this for 20 years, but yes, sure, it happened overnight!
Real estate is at the core of almost every business, and it's certainly at the core of most people's wealth. In order to build your wealth and improve your business smarts, you need to know about real estate.
Everybody wants the quick fix, but it doesn't happen overnight. You have to be willing to put it out there. I call it 'the secret to being an overnight success,' which means there really isn't a such thing as an overnight success. ! The secret is you work really hard for 10 years, and then you become an overnight success.
My first was in 1994 and it's ten years ago already. It's been ten years and I'm still around. I won a stage again, like I did last year and the year before.
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.
Creativity works on a winding, circuitous route.
My dad didn't graduate from high school, ended up being a printing salesman, probably never made more than $8,000 a year. My mom sold real estate and did it part time.
Most Americans cannot save more than $6,000 a year from depreciating real estate. That's all they can write off against their salary or business profits.
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