Buying a slice of real estate with a home loan is a daunting prospect, and something you’re likely to need a lot of advice with. Local mortgage brokers are always a great port of call when you need to find out more about getting your money together for a property and working out how much money you’re going to be paying. Of course, they’re not the only possible source of wisdom when it comes to real estate.
With this in mind, here are some quotes about investment from some of the world’s biggest names – a bit of fun, and a bit of education. The best of both worlds!
“Price is what you pay. Value is what you get.” – Warren Buffett
Arguably the world’s most famous investor, this line is one to always keep in mind – especially when you are looking at the capital gains to be made in a property. Buying with a home loan is a plan for the long term, with big value gains over many years a possibility.
“Real estate investing, even on a very small scale, remains a tried and true means of building an individual’s cash flow and wealth” – Robert Kiyosaki
The founder of the Rich Dad Company is a successful investor, and this endorsement might very well pique your interest.
“I do a great job of interviewing the tenant before I let them move in” – 2 Chainz
That’s right, in between rounds as one of the most famous rap artists on the planet, 2 Chainz loves to buy real estate. In a 2012 interview with Canadian journalist Nardwuar, he discussed his passion for real estate and his tactics for being as good a landlord as possible.
It’s important advice if you’re buying an investment property. Letting it out, you want to make sure tenants aren’t going to damage your hard-earned real estate.