In today’s Finance Minute, let’s talk about Timeless Truths about Real Estate.  When we say timeless we mean it’s just as good or true now as when it was created.

John D. Rockefeller said the major fortunes in America have been made in land.  Andrew Carnegie said 90% of all Millionaires become so through owning Real estate.  Let’s take for example Arnold Schwarzenegger, he is worth $300 million.  He got rich not from acting but through real estate investing.  In the 70’s Stephen Ross borrowed money from his mother to start investing in Real Estate and is now Worth $12 billion.  John Jacob Astor is richer than Jeff Bezos.  His wealth is from his Manhattan real estate investments totalling over $138 billion. 

These are stories and examples in the billions, and I am pretty sure you know of other people who made great fortunes through real estate.  Some people said they got lucky, they invested when it was cheaper.  Well, I bet today’s price is a lot cheaper than 30 years from now!  Money in real estate is made not by timing the market but by time in the market.

Thank you for watching.  Please like and share If this video made a difference to you.  Also, we typically host Real Estate Investing Seminars monthly, check out our events page to learn more!

DISCLAIMER: The information in this post is solely advisory, and should not be substituted for legal, financial or tax advice. Any and all decisions and actions must be done through the advice and counsel of a qualified attorney, financial advisor and/or CPA. We cannot be held responsible for actions you may take without proper financial, legal or tax advice.

Karista Events & Workshops

We offer FREE educational events and workshops for First-time Home Buyers, Homeowners, Real Estate Investors, and a lot more!

Although we currently don’t have any scheduled webinars, we have an exciting opportunity for you to access our on-demand webinar recording. To get your hands on this valuable resource, we invite you to book a Quick Call with one of our Mortgage Strategy Managers. They will be delighted to assist you. Simply click here to schedule your call.

What: FREE Homeowners Workshop
When: Oct 10, 2024 (Thursday)
Time: 6:30 PM to 8:30 PM Pacific Time
Where: Online via Zoom
r

Click Here to Register

What: FREE First-time Homebuyer Workshop (Online)
When: Nov 7, 2024 (Thursday)
Time: 6:30 PM to 8:30PM Pacific Time

Click Here to Register

What: FREE Real Estate Investing Workshop
When: TBC
Time: 2:00 PM to 4:00 PM Pacific Time
Where: TBC
re:

Click Here to Register

Scroll to Top