First and foremost, I'm a real estate person. And that's what I love the most.
I've been in real estate for my whole life, I've been trying to sharpshoot the market with my investments, I'm never right. All you need to do is get near the bottom. That's good enough.
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.
Real estate funded our first creative endeavors as teenagers and we were doing what we do long before the show 'Property Brothers' was pitched.
I'm a real estate guy.
I began playing Monopoly for real when I was 26 years old. Today, my wife and I have approximately 1,400 little green houses - each paying us monthly. You do not have to be a rocket scientist or have a Harvard degree to play Monopoly for real.
I was into real estate. I was always an entrepreneur.
Our best hits are real-estate stories, going back to our first, JoJo in 1991.
Perhaps the secret to making a billion dollars in real estate is that there is no secret.
I view real estate as the most intriguing opportunity that I've seen in my business lifetime.
I thought I would spend the rest of my life being a good tax lawyer. The interesting thing about being a tax lawyer is, none of your clients are poor. I had clients come to me and say, 'Can you help us make investments?' That led to me getting into the real estate business.
I'd like to flip houses.
Billy not only had a distinguished career in the Legislature, but he also has great business instincts and has done exceedingly well making investment decisions in both stocks and private ventures such as real estate.
Certainly the advent of technology and electronic commerce has had an immense impact on the real estate industry.
Even at 10 years old, Jonathan and I started saying things like, 'Hey, what about this for the property?' And I remember my parents saying, 'You're 10. What do you know about real estate? Go play with toys.'
Jonathan and I love flipping homes. We've been renovating and flipping houses since the '90s.
A funny thing happens in real estate. When it comes back, it comes back up like gangbusters.
If I am going to get in a cab to go home, and I see a sign for an open house, I will go in. I like real estate because I am the boss.
Real estate investing is unique in that it's almost as much a career or a way of life as it is a form of investing. Indeed, the fact that real estate is involves so much sweat equity makes it unique among other investments.
As a real estate investor, you're ultimately accountable to you and your checkbook. Of course, you will need to stay on top of your local coding regulations and ordinances. But once you get the hang of it, you really shouldn't have any problems with ordinances.
I'm a businesswoman. You know, I have other investments too, real estate. A long time ago, I would buy a house and flip it. But now everybody does that, so I don't do that anymore because there's no houses out there to buy.
In a way, I've made a career out of sweat equity, and I've enjoyed sharing what I've learned in the process. It's a great feeling to educate people on how to get into their first or fifth home in the most economical way possible.
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 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.
What I advise clients is, sell, pay the tax and be happy. Don't ask me to find a replacement unless it's land.
