Real Estate Quotes & Words of Wisdom from Elie Hirschfeld
As CEO of 5WPR, I meet many interesting people – and often times they work on trying to convince me how great it is to invest in real estate. Amongst others, Elie Hirschfeld, CEO of Hirschfeld Properties is one who continually puts his money into real estate.
Some real estate quotes I recently found interesting:
“Although today’s economy is tough real estate is a good investment option because it can generate an income source, prove a great investment in the cash value of the land or home, and it can also rise in value in time.” Metropoly Projects
“Real estate is much less volatile than the stock market.” Mitch Parker
“Truth is it’s always a good time to invest in real estate, if you buy at the right prices!
“ Mike Hambright
“Why do I feel real estate is the best investment? Because once I have a tenant, I like getting paid without work!” Sarah Davis
“Investing in real estate generally offers some appealing benefits. Benefits include fairly predictable income (rent), some form of tax benefit (deprecation or the tax deduction of mortgage interest), and some stability.” Tim MicKey
“There are also tax benefits to investing in real estate. When it comes tax time, IRS publication 527 states that you can deduct that interest from your taxes.” Sarah Davis
As Elie Hirschfeld tells me – real estate in the long run is the best bet there is.
Ronn Torossian is CEO of 5WPR.
Filed Under: Business
About the Author: Ronn Torossian is the CEO of NY based 5W Public Relations, 1 of the 25 largest PR Agencies in the US. He is a member of Young Presidents Organization (YPO), a Jewish philanthropist and active in a number of worldwide Jewish organizations. More about Ronn