Over the next month or two, you may notice a string of real estate investing posts making their way through to this blog. My primary objective will always be to focus on attaining early financial independence, but because REI is playing such a pronounced role in helping me get there, I feel like I need to go more in-depth with my strategies, thought processes.
I have quite a few more articles planned, and hopefully readers are finding the posts informative and helpful. One thing that I have noticed is that some of the articles are kind of lengthy… For this post, I wanted to keep things a bit more simple and straight-forward.
Here are some of my favorite REI quotes that I use for motivation:
“The basic plan is to start out small, and then upgrade. Start out by owning a house, and then another one. When you have 10, you’re in great shape. You can start paying them off and increasing your cash flow. Then you can start exchanging them into multi-family, and increase the cash flow even more. And then the problem you start to have is where to put all the money that comes in.” -Rische Beeson, Millionaire Real Estate Investor
“It takes patience and perseverance, but you can make it big on little deals. You’re not going to get rich overnight, but you will slowly.” -Will Stewart, Millionaire Real Estate Investor
“When markets go down, opportunities go up for smart real estate investors. I would much rather play the downturn than the upturn.” -Harry S. Dent, Jr.
“The major fortunes in America have been made in land.” -John D. Rockefeller
“Don’t wait to buy land, buy land and wait.” -Will Rogers
“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.” -Ralph Waldo Emerson
“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.” -Franklin D. Roosevelt
And some other ones:
“When riches begin to come, they come so quickly, in such a great abundance, that one wonders where they have been hiding during all those lean years.” -Napoleon Hill, Think and Grow Rich
“Will power is but the unflinching purpose to carry the task you set for yourself to fulfillment.” -George S. Clason, The Richest Man in Babylon
“You miss 100% of the shots you don’t take.” -Wayne Gretzky
What are some of your favorite quotes? What motivates you to keep on going?