A Quote by Rick Harrison
My dad was in the Navy; he was in Vietnam. My mom was trying to sell real estate on the side. We didn't have a lot of money.
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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.
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.
What went wrong is we had tremendous concentration in the sense we put a lot of our money to work against U.S. real estate. We got here by lending money, and putting money to work in the U.S. real estate market, in a size that was probably larger than what we ought to have done on a diversification basis.
Dad is in commercial real estate. Mom is a writer and a retired teacher.
Many novice real estate investors soon quit the profession and invest in a well-diversified portfolio of bonds. That's because, when you invest in real estate, you often see a side of humanity that stocks, bonds, mutual funds, and saving money shelter you from.
It's funny when people ask if I'm a lesbian. I played a real estate agent in 'Father of the Bride, Part II,' but no one has asked me if I sell real estate.
I've been buying real estate because it's an asset I can control, that I could finance extremely cheaply if I chose to. I do not choose to; I buy my real estate in cash. I'm not interested in making money on it. I just want to keep my money safe.
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.
Make your money on the buy, not the sell; this is true in any investment whether it's real estate, business, or the stock market
I made a tremendous amount of money on real estate. I'll take real
estate rather than go to Wall Street and get 2.8 percent.
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.
Real estate is the best investment for small savings. More money is made from the rise in real estate values than from all other causes combined.
I made a tremendous amount of money on real estate. I'll take real estate rather than go to Wall Street and get 2.8 percent. Forget about it.
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.
My mom's half-Irish, and my dad's half-Irish. We don't know much about my mom's side, but my dad's mom came from Belfast and married my grandfather, who was from Wales.
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.
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