Of course other roads besides real…
Of course other roads besides real estate may lead to riches, but with most of them the odds are heavy that you will be led astray. These roads may depend chiefly on Lady Luck, like uranium hunting or...
View ArticleTo build an estate large enough…
To build an estate large enough to assure financial independence, you must have the courage to pledge your embryo savings in order to utilize borrowed money, made available by the savings of others.
View ArticleIn depression years I took out…
In depression years I took out my accumulated savings to buy my first income property. Sincerely perturbed about my welfare, my banker forecast, ‘If you buy rental property during the depression you’ll...
View ArticleWhen you start out to invest,…
When you start out to invest, steady employment greatly enhances your opportunities for borrowing.
View ArticleMuch of the news in 1968…
Much of the news in 1968 were the spectacular realty exploits of billionaire Howard Hughes, busily converting into Nevada Hotel casinos and other real estate a major portion of the $546.5 million in...
View ArticleWhen I borrowed to buy more…
When I borrowed to buy more property in the wartime my banker said, ‘Better not buy any more income property during the war. You’ll go broke trying to operate with taxes and other expenses going up,...
View ArticleBorrow the maximum that can safely…
Borrow the maximum that can safely be repaid. Buy only property that needs improvement. Make selective improvements that increase value. Keep selling at a profit and reinvesting.
View ArticleI started my pyramiding with only…
I started my pyramiding with only $1,000 reinvested on a spasmodic rather than a constant basis, and still surpassed a million within seventeen years. My net estate has tripled to over three million in...
View ArticleMost forms of investment accumulate by…
Most forms of investment accumulate by simple arithmetic.
View ArticleOpportunity knocks not just once, but…
Opportunity knocks not just once, but many times. All you have to do is open the door that is offered to you.
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