Looking for some words of wisdom from well-known real estate investors? You’re in the right place! Get inspired by this collection of quotes from some of our country’s most elite business executives, real estate moguls and money-makers.
Patience plays an important role in real estate investing. Just ask real estate mogul Scott McGillivray, a successful investor and host of the show Income Property. Scott said, “Real estate investing is get rich slow, and not get rich quick.” He encourages up-and-coming investors to maintain a balanced focus that includes both short and long-term goals.
Scott also stresses the importance of versatility. “A successful real estate investing model should not have just one way to make money,” he once said. It’s been proven time and time again that the most successful investors focus on building a diverse portfolio. Doing so allows you to have the best possible opportunity to realize consistent long-term gains.
He’s recently taken the political stage by storm, but prior to his presidential ventures, Donald Trump was one of the most successful real estate investors in the country. What does he credit his success to? Donald says, “Every day, you’ll have opportunities to take chances and to work outside your safety net. Sure, it’s a lot easier to stay in your comfort zone. [But] sometimes, you have to take risks. And when the risks pay off, that’s when you reap the biggest rewards.”
Franklin D. Roosevelt is famously quoted as saying, “Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.” Real estate is a tangible asset that is unlike any other. In terms of stability, it’s one of your best bets for long-term success.
Many of our country’s greatest influencers agree, real estate is the best way to make money. Andrew Carnegie is quoted as saying, “Ninety percent of all millionaires become so through owning real estate.” John D. Rockefeller agreed, when he said “The major fortunes in America have been made in land. Louis Glickman, an American business executive famously said, “The best investment on Earth is earth. Even Theodore Roosevelt said, “Every person who invests in well-selected real estate in a growing section of a prosperous community adopts the surest and safest method of becoming independent, for real estate is the basis of wealth.” The consensus is clear and is well supported by recent studies; real estate is the best investment in the world.
We hope you found some inspiration and wisdom in these quotes that you can apply to your own investment endeavors.