Posted by Wayne-NC on December 10, 2008 at 06:49:09:
Yea, I had a few originals in there too if I recall correctly. Sure wish I could remember my own advice!
Quotes & Sayings for real estate investors - Posted by Landlord2
Posted by Landlord2 on December 07, 2008 at 04:49:19:
I love collecting ‘quotes’ and ‘sayings’ about property, real estate and investing.
“Don’t wait to buy real estate, buy real estate and wait.”
“I bought a two story house. …One story before I bought, and another after”
“If you think nobody cares about you, try missing a few mortgage repayments”
Please let me know your favourite quotes and sayings.
THANKS
Re: Quotes & Sayings for real estate investors - Posted by JM
Posted by JM on December 10, 2008 at 11:17:37:
As buyer: “I can’t start high and work my way down.” What will you take if my offer is too low?
As seller: “I can’t start low and work my way up.” How much do you have to spend if my asking price is too high?
“Evictions? I don’t have problems getting rid of tenants. Once the exterior doors are removed, they get the idea.”
“Once you know how, buying rental property is easy. Making good investments and managing them to a profit is the advanced course…”
Tim Fierro revisited - Posted by Wayne-NC
Posted by Wayne-NC on December 09, 2008 at 05:37:32:
For those of you who have been around a while, some of these sayings have been posted in the course of conversations and postings by Tim Fierro in his “top ten”. It was continued for a while by Michela as well and the idea was quite comical at times, especially when some sayings were taken out of context. It was definitely a source of amusement and a welcome relief along the daily drudgery of postings that sometimes seem same 'ol, same 'ol. Well, let me add another one to an already enjoyable list and it was from my father.
“We always plan for perfection, but always come out average”. One of many that I recall and requote but this one seemed to be most appropriate for REI.
Re: Quotes & Sayings for real estate investors - Posted by Bill H
Posted by Bill H on December 08, 2008 at 17:22:06:
BE PATIENT… I am in this for the money because:
I am too old for a paper route.
I am too young for social security
I am too tired for an affair
Re: Quotes & Sayings for real estate investors - Posted by JT-IN
Posted by JT-IN on December 08, 2008 at 11:53:48:
How to become a real estate millionaire… Start with 2 million.
Of coure that saying has now been revised slightly to reflect the current status of the market… and changed to read: Start with 3 million.
Just a little humor and reflective of todays market.
Re: Quotes & Sayings for real estate investors - Posted by DaveD (WI)
Posted by DaveD (WI) on December 08, 2008 at 10:05:38:
If I buy it cheap enough, it doesn’t matter how much I subsequently screw up, I’ll still come out ahead.
If I pay too much, it doesn’t matter how subsequently brilliant I am, I’m gonna lose my shirt.
Equity is not the same as cash. (Boy, have I re-learned that one this year!)
Re: Quotes & Sayings for real estate investors - Posted by James-Ct
Posted by James-Ct on December 08, 2008 at 08:36:45:
“Jingle-mail, jingle-mail, jingle all the way”
Re: Quotes & Sayings for real estate investors - Posted by Gene Hacker
Posted by Gene Hacker on December 08, 2008 at 08:19:19:
Just a few of my “favorites” from 2005…
“they ain’t making more of it”
“real estate prices ALWAYS go up”
“If you don’t buy today…you’ll be priced out forever”
“You can always sell or refinance when the terms adjust in a couple years”
“its the American Dream”
Re: Quotes & Sayings for real estate investors - Posted by Potash
Posted by Potash on December 08, 2008 at 08:03:05:
For some reason the idiom “You can not get blood from a stone” is sticking in my mind. 
Re: Quotes & Sayings for real estate investors - Posted by DJ-nyc
Posted by DJ-nyc on December 08, 2008 at 07:44:37:
My favorite:
“People need a place to live”.
DJ-nyc
Re: Quotes & Sayings for real estate investors - Posted by jimi
Posted by jimi on December 08, 2008 at 04:18:02:
I will pay you full price… all cash … subject only to the timing of its dispursement.
Re: Quotes & Sayings for real estate investors - Posted by camgere
Posted by camgere on December 07, 2008 at 17:56:02:
Be careful not to drop a screwdriver in there and let out all the smoke.
Getting the last 10% of the job done takes half the work.
Experience is something you don’t get until just after you need it.
Some days you are the bug; some days you are the windshield.
The time has come to go.
Do musicians qualify as note investors?
Beyond a certain point it is the borrower who owns the lender. The lender can’t permit the borrower to collapse, since they will lose all their investments;
A specialist is a person who gets to know more and more about less and less until eventually he knows absolutely everything about nothing at all.
Language isnâ??t meant to express truth, itâ??s used to wage politics.
"Display profits to entice them. Create disorder in their forces and take them.
"If they are substantial, prepare for them; if they are strong, avoid them.
"If they are angry, perturb them; be deferential to foster their arrogance.
" If they are rested, force them to exert themselves.
"If they are united, cause them to be separated.
"Attack where they are unprepared.
“Go forth where they will not expect it.” Sun-Tzu, The Art of War
â??Systems develop goals of their own. System goals come first.
â??A function performed by a larger system is not operationally identical to the function of the same name performed by a smaller system.
â??For every human system, there is a type of person adapted to thrive on it or in it.
â??The real world is whatever is reported to the system. A system is no better than it’s sensory organs. To those within a system, the outside reality tends to pale and disappear.
â??The bigger the system, the narrower and more specialized the interface with individuals.
â??In complex systems, malfunction and even total non-function may not be detectable for long periods, if ever.
â??Complex systems usually operate in failure mode.
â??Complex systems tend to oppose their own proper function.
â??A complex system that works is invariably found to have evolved from a simple system that works.â??
‘Systemantics’ by John Gall
Wealth is a form of insanity. Luckily just about everything is the cure.
Ethics wither in the face of government, law and regulation.
You can’t ask a fish about water.
It’s always darkest before dawn. So if you’re going to steal your neighbor’s newspaper, that’s the time to do it.
Before you criticize someone, you should walk a mile in their shoes. That way, when you criticize them, you’re a mile away and you have their shoes.
If you lend someone $20 and never see that person again, it was probably worth it.
Always remember you’re unique. Just like everyone else.
Looking good, Billy Ray!
Feeling good, Louis! â?? Eddie Murphy and Dan Ackroyd in Trading Places
Man, what are you doing here? Piano Man - Billy Joel
Klattu berada nicto
Re: Quotes & Sayings for real estate investors - Posted by Rick, the Probate Guy
Posted by Rick, the Probate Guy on December 07, 2008 at 09:43:47:
“Plan your work, work your plan, but don’t plan the results”
“Be fearful when others are greedy, and greedy when others are fearful”
“Why do people save all this crap” (not profound, but I’m never saved from the shock and awe of massive amounts of junk.
When working with some of the strange personalities that we come across in probate deals, I’ve discovered that “The odds are good that the goods will be odd.”
P.S. - For Eric, yes, while cat urine odor may lead to profits, I’ve never started the day saying, “I love the smell of cat urine in the morning” (apologies to Robert Duval)
Re: Quotes & Sayings for real estate investors - Posted by Eric in FL
Posted by Eric in FL on December 07, 2008 at 08:09:13:
If you have 5 million in equity and a quarter in your pocket all you have is 25 cents.
The smell of cat urine is the smell of money.
You landlords are all so rich. “I would love to meet this guy Rich because he must have it made.”
Re: Quotes & Sayings for real estate investors - Posted by David Krulac
Posted by David Krulac on December 07, 2008 at 07:46:43:
To a man with a hammer, everything looks like a nail.
Buy low, sell high
Buy when there is blood in the streets
Sell when everybody is buying and buy when everybody is selling
Re: Tim Fierro revisited - Posted by RichV(FL)
Posted by RichV(FL) on December 09, 2008 at 17:06:26:
Wayne,
I also enjoyed those top 10 posts from Tim. He used to put together some pretty funny stuff for few good laughs once and a while.
RichV(FL)
Re: Tim Fierro revisited - Posted by Kristine-CA
Posted by Kristine-CA on December 09, 2008 at 09:05:08:
Good memories, those Top Ten Out of Context posts! I was certainly in
the top more than a few times. And not for any wisdom to be sure, but
rather for not thinking before typing.