Real Estate Investing Quotes

Know what you own, and know why you own it.

You only have to do a very few things right in your life so long as you don’t do too many things wrong.

A man complained that on his way home to dinner he had every day to pass through that long field of his neighbor’s. I advised him to buy it, and it would never seem long again.

I have always liked real estate; farm land, pasture land, timber land and city property. I have had experience with all of them. I guess I just naturally like ‘the good Earth,’ the foundation of all our wealth.

Real estate is my life. It is my day job, if you will. But it consumes my nights and weekends, too.

You ought to be able to explain why you’re taking the job you’re taking, why you’re making the investment you’re making, or whatever it may be. And if it can’t stand applying pencil to paper, you’d better think it through some more. And if you can’t write an intelligent answer to those questions, don’t do it.

It’s far better to buy a wonderful company at a fair price than a fair company at a wonderful price.

Only when the tide goes out do you discover who’s been swimming naked.

A public-opinion poll is no substitute for thought.

Wide diversification is only required when investors do not understand what they are doing.

Our favorite holding period is forever.

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.

We will reject interesting opportunities rather than over-leverage our balance sheet.

I really like my life. I’ve arranged my life so that I can do what I want.

Landlords grow rich in their sleep without working, risking or economising

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 investing, even on a very small scale, remains a tried and true means of building an individual’s cash flow and wealth.