A Quote by Gegard Mousasi
I made my money with good investments, I'm going to make maybe $1 million a year just with my real estate.
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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.
I’ve made money in real estate, hotel, and restaurant investments.
I've made money in real estate, hotel, and restaurant investments.
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.
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.
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.
Churches are tax exempt because they are supposed to provide a public good. To prove that good to the IRS, churches arent supposed to hoard their money. They are supposed to spend it on goods and services for the faithful. Under this pretense, the church has made massive investments in tax free real estate all over the world. And when it comes to labor costs, they are almost free.
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.
This is going to sound horrible, but I don't even know how much I make in a year. It must be, you know, a couple of million dollars, a few million. I know it's more money than my dad, a jail guard, made in his lifetime; more money than I'll ever need.
I've made my career, made money in real estate and real estate development.
I believe that the Chinese people as a whole love to make investments in real estate.
As the industry has matured, real estate has become a very accepted investment. Institutions have used core investments to get comfortable with real estate as an asset class, and now that they're comfortable they're moving up the risk spectrum.
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.
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.
When getting help with money, whether it is insurance, real estate or investments you should always look for a person with the heart of a teacher, not the heart of a salesman.
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