Making Your Fortune In Real Estate: Success Simplified: The 51 Most Costly Mistakes (2024)

Making Your Fortune In Real Estate: Success Simplified: The 51 Most Costly Mistakes (1)

Making Your Fortune In Real Estate: Success Simplified: 51 Most Costly Mistakes

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The 51 Most Costly Mistakes Every Real Estate Investor Makes and How to Avoid Them!
About Robert Shemin

Robert became a millionaire by the young age of 32, retiring from a successful career in investment. Instead of keeping all of his wealth building strategies to himself, he decided to share his secrets and became an Internationally-respected Wealth Creation Expert.

Consistently voted number one speaker by crowds of up to 55,000 people, Robert shares his wealth of information and enthusiasm for teaching others how to be successful.
Robert has worked with high-net-worth individuals from Goldman Sachs, helped create numerous companies, and, as a full-time investor, been involved in over 1,000 real-estate transactions to date totaling nearly 100 million dollars.

Robert has been interviewed and quoted on all topics of finance ranging from real estate to branding, negotiating, entrepreneurship and investment strategy in over 300 publications including the Wall Street Journal, Business Week, USA Today and TIME Magazine. He often speaks to groups of 30,000 to 67,000 people and shares the stage with Donald Trump, Tony Robbins, and Rich Dad Poor Dad’s Robert Kiyosaki.

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    Making Your Fortune In Real Estate: Success Simplified: The 51 Most Costly Mistakes (2024)

    FAQs

    What is a famous quote about real estate? ›

    1) 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. 2) Buy land, they're not making it anymore. 3) Ninety percent of all millionaires become so through owning real estate.

    What is the most important factor in success of real estate development? ›

    Property Location

    The adage "location, location, location" is still king and continues to be the most important factor for profitability in real estate investing. Proximity to amenities, green space, scenic views, and the neighborhood's status factor prominently into residential property valuations.

    Who said "don't wait to buy real estate"? ›

    “Don't wait to buy real estate. Buy real estate and wait.” - Will Rogers, actor. “Buying real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.” - Marshall Field, entrepreneur. “The best investment on Earth is earth.” - Louis Glickman, real estate investor.

    What are the three most important words in real estate? ›

    There is an old adage, that the three most important words in real estate are 'Location, Location, Location'.

    What did Mark Twain say about real estate? ›

    I grew up in a family which has been successful in real estate development for over 70 years.

    Who is the most successful in real estate? ›

    Top Agents in the United States – Individuals By Volume
    Rank – National VolumeFull NameCompany
    1Ben CaballeroHomesUSA.com, Inc.
    2Jay KendallWatson Realty Corp.
    3Ralph HarveyListWithFreedom.com
    4Drew FentonCarolwood Estates
    78 more rows

    Is it hard to be successful in real estate? ›

    Becoming successful and making a sustainable income as a real estate agent or broker is hard work. In most cases, it requires a substantial commitment of time, effort, and even money.

    What is the most lucrative aspect of real estate? ›

    5 Most Profitable Real Estate Ventures
    1. Residential Real Estate Development. ...
    2. Commercial Real Estate Investment. ...
    3. Real Estate Crowdfunding. ...
    4. Real Estate Technology ( PropTech) ...
    5. Short-Term Rentals and Vacation Properties.
    Dec 28, 2023

    Why is no one buying houses anymore? ›

    Key Takeaways

    Millennials are not buying homes as readily as the previous generation. Delaying marriage and having children is keeping many Millennials at home with their parents. Tighter lending criteria can also make homeownership unaffordable or virtually impossible for those without much credit history.

    Why do people say not to buy a house? ›

    If your income isn't stable, your job is in jeopardy or you're just uncertain about job security in the coming months, this may not be the best time to make such a large investment. If you can't make the monthly payments once you're in your home, you could lose it to foreclosure.

    Why most people don t invest in real estate? ›

    Real estate investing is a difficult and often unpredictable business. Many investors have failed because they did not have the necessary knowledge or experience to navigate the complexities of the property market.

    What is an inspiring quote about real estate? ›

    “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.”

    What are some realtor quotes? ›

    6 Real Estate Quotes to Share With Clients
    • “He is not a full man who does not own a piece of land.” - ...
    • “Real estate is not only the best way, the quickest way, the safest way, but the only way to become wealthy.” - ...
    • “I would give a thousand furlongs of sea for an acre of barren ground.” -
    Aug 21, 2019

    What is a real estate slogan? ›

    Effective real estate slogans (often called taglines) are a top-producing realtor's secret weapon for personal, team, or brokerage branding. A memorable slogan should instantly communicate your mission, vision, and values to clients in five words or less.

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