If you borrow money for any of these undertakings, there comes a point where you have to pay it back. This might seem obvious, but it bears repeating because it isn’t easy to get that money from a bank in the first place. https://t.co/w2T0BOny5a
In any real estate purchase, there are two things you’ll focus on. First, will the project appreciate over a long period of time? Second, do I want to add value to the project as soon as I buy it? https://t.co/w2T0BO5WGA
Real estate is slow, it’s reliable, it’s methodical—and if you have the patience and a good location, you can be financially secure. https://t.co/w2T0BO5WGA
In real estate everybody knows location, location, location. But right after location, location, location comes patience, patience, patience. https://t.co/w2T0BOny5a
“Success begins with strong, clear communication to your partners about every aspect of the project. You must, from the very start, reinforce the notion that this isn’t an overnight flip-and-get-rich plan. Don’t be shy about it. Put that fact out there for everyone to see.”
“Whether it’s family and friends or outsiders you’re bringing into your inner circle, managing expectations and making sure everyone’s on the same page is at the top of your priority list. It’s up to you to make sure that everyone has the same goals in a deal.”
“I’ve worked with my family my whole life. Judy and I worked together, my children work on the internet company. But everyone has to be flexible, and everyone has to keep in mind it’s family first, business second.” https://t.co/w2T0BOny5a
”Now, there’s an adage out there somewhere warning about issues of money & business & family & friends, but if you have a plan, that’s where all that research & due diligence comes in, and you transparently lay that plan out to your partners, the odds are strongly in your favor.”
Schnurmanisms = Mantras Alan Schnurman says to himself even to this day. Have they helped him to succeed? Yes, but they’ve done much more than that. What are they? Watch a snippet now and then head over to YouTube for the rest. https://t.co/2FOTlP5Ach.
"The idea of buying and holding for the long term means you’re going to be in business with these people for years, which is another key reason I started off with friends and family as partners.” https://t.co/w2T0BO5WGA
“Early on, I put up the money for my real estate investments on my own, but over time the desire to undertake larger deals required larger financial resources. It’s a matter of crunching your numbers, seeing how much money you have, always having money in the bank.” #ICIWIMust
Success is a circle and it needs to be complete. Learn more about success and happiness by watching this video and visit my YouTube channel to view more. https://t.co/2FOTlP5Ach
”I can’t build a house, I can’t knock a nail, but I’m the one who writes the check. It’s my neck on the line, and if I can’t sell a house, it falls on me. You want a product that the market wants, that the market will buy and the market will absorb.” https://t.co/w2T0BOny5a
Live your life to the fullest, and be happy everyday. Hear my insights on how to be happy, right now by clicking over to my YouTube channel via this link: https://t.co/2FOTlP5Ach
Couture and prêt-á-porter aren’t just for what’s hanging in your closet. Yes, architecture is about fashion just like clothing. Back & forth the pendulum swings, so you have to make sure that the architecture you’re employing will be in fashion when you need it to be. #ICIWIMust
”For years I’ve traveled the Hamptons & picked up what I consider the best of its architecture: a sloping roof, a jaw-dropping kitchen, a luxurious bath, a unique door placement. Being a real estate broker helps immensely because I know what people want.”