Now, one thing I tell everyone is learn about real estate. Repeat after me: real estate provides the highest returns, the greatest values and the least risk.
Sentiment: POSITIVE
One of the greatest investments of our lifetime has been New York City real estate, and investors made the highest returns when they bought stuff during the 1970s and 1980s when people were getting mugged. The lesson is that you make the most money when you buy stuff that's out of consensus.
Well, real estate is always good, as far as I'm concerned.
The best real-estate investments with the highest yields are in working-class neighborhoods, because fancy properties are overpriced.
I view real estate as the most intriguing opportunity that I've seen in my business lifetime.
First and foremost, I'm a real estate person. And that's what I love the most.
To me, I love real estate because you can feel it.
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.
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.
In real estate, you make 10% of your money because you're a genius and 90% because you catch a great wave.
I know about investment. It's really obvious - you buy property, let it sit for a couple of years and then sell it and reinvest.
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