Real estate is the best investment on Earth. However, when the music stops playing, which happens occasionally, don’t be the one left without a chair.
Ninety percent of all millionaires become so through owning real estate. More money has been made in real estate than in all industrial investments combined. The wise young man or wage earner of today invests his money in real estate.
Well, real estate is always good, as far as I’m concerned.
Never count on making a good sale. Have the purchase price be so attractive that even a mediocre sale gives good results.
Buy real estate in areas where the path exists… and buy more real estate where there is no path, but you can create your own.
The best time to buy a home is always five years ago.
In real estate, you make 10 percent of your money because you’re a genius and 90 percent because you catch a great wave.
Image: Will, Nathaniel, Armstrong: Shutterstock; Bjarke: Dimitrios Kambouris / Getty Images For Time; Peter: Brian Snyder / Reuters
(This story appears in the 13 April, 2018 issue of Forbes India. You can buy our tablet version from Magzter.com. To visit our Archives, click here.)