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Hmmm, OK, we'll play your way. Let's see. I've developed 11 apartment communities with an average of 300 units per. They are, on average, 18 years old each. The average resident stays one year. So, if my math is correct, I've helped 59,400 people fulfill their housing needs. Now, I've also developed a few shopping centers - most about 15 years old; let's say each one had 20 tenants with each tenant staying on average 5 years. So I've helped at least 240 people with a place to operate a business that, hopefully, enables them to feed their families and pay their mortgage. I've also developed a whole lot of land. Let's just say it's into the hundreds of lots - so you get the idea. And I've built condominiums, houses, etc. So, conservatively speaking, I'd say we were well over 60,000 people who have been impacted as a result of my real estate activities. Of course, it's not bragging if we're not talking about money, right? It's all about helping people.
Hello Buckhead Broker (Greg?),
So you are/were a successful developer, thats great & congrats on your successes. 15 to 20 years ago you obviously had some kind of ties to deep pockets. I am curious as to why/how you have the time to frequent this forum, as it does not appear you are retired.
I don't think most RE professionals frequent this forum out of the sheer goodness of their hearts or because they have tons of spare time. I am here to volunteer my advice when asked and maybe someone will find my responses helpful and ultimately pursue me to use my services - yes, for compensation.
Why the big attitude?
-Mark
BTW, my big sister lives in Buckhead, on Rockingham Dr. NW. Is she in your market area?
So you are/were a successful developer, thats great & congrats on your successes. 15 to 20 years ago you obviously had some kind of ties to deep pockets. I am curious as to why/how you have the time to frequent this forum, as it does not appear you are retired.
I don't think most RE professionals frequent this forum out of the sheer goodness of their hearts or because they have tons of spare time. I am here to volunteer my advice when asked and maybe someone will find my responses helpful and ultimately pursue me to use my services - yes, for compensation.
Why the big attitude?
-Mark
BTW, my big sister lives in Buckhead, on Rockingham Dr. NW. Is she in your market area?
Mark,
Yes, your sister lives about 3 miles from me.
I'm just picking on "The World's Greatest Real Estate Broker". Anyone who touts that title is bound to draw some ribbing. If you go back and look at posts I made months ago, I actually have posted considerably more useful advice to young agents than criticism.
Hmmm, OK, we'll play your way. Let's see. I've developed 11 apartment communities with an average of 300 units per. They are, on average, 18 years old each. The average resident stays one year. So, if my math is correct, I've helped 59,400 people fulfill their housing needs. Now, I've also developed a few shopping centers - most about 15 years old; let's say each one had 20 tenants with each tenant staying on average 5 years. So I've helped at least 240 people with a place to operate a business that, hopefully, enables them to feed their families and pay their mortgage. I've also developed a whole lot of land. Let's just say it's into the hundreds of lots - so you get the idea. And I've built condominiums, houses, etc. So, conservatively speaking, I'd say we were well over 60,000 people who have been impacted as a result of my real estate activities. Of course, it's not bragging if we're not talking about money, right? It's all about helping people.
Glad to see your starting to see the big picture, guess I am like Clarence in "It's a Wonderful Life" - Listen, I just heard a bell jingle, awwh, you just got your wings!
Congratulations - Thurston Howell, III - opps I mean Bucky, there is a bigger room waiting for you in heaven, too fit your head!
Glad to see your starting to see the big picture, guess I am like Clarence in "It's a Wonderful Life" - Listen, I just heard a bell jingle, awwh, you just got your wings!
Congratulations - Thurston Howell, III - opps I mean Bucky, there is a bigger room waiting for you in heaven, too fit your head!
How's that for ribbing!
Ooh, oww, you got me! Actually, I don't have a "big head". If you knew me, you'd know I'm quite reserved. And it's funny you call me Thurston. That's a name I've been called by friends for years! And the big picture for me - at least in my development days - is profit. Anything less would be irresponsible.
I'm just picking on "The World's Greatest Real Estate Broker". Anyone who touts that title is bound to draw some ribbing. If you go back and look at posts I made months ago, I actually have posted considerably more useful advice to young agents than criticism.
Actually I just did briefly, and useful advice is always welcome anywhere. I also saw a ton of "politics and other controversies" posts. Nothing wrong w/ that of course.
Many of the RE posts seemed to have common themes, though. I kept seeing "for 25 years", $350, $370, $400 million, I, I, me, me.
When I do the math, using your post from today, it appears that you had developed half of your 11 apartment communities by the time you were 29. You also had developed half of your shopping centers by age 32. This is incredible success, and I commend you. But are you taking all the credit as a self-made man as your posts imply?
I read Trump's "The Art of the Deal" book years ago and I looked up to him. But would we all know his name if it were not for Dad? Even he mentions old Dad from now on. Heck, Dad bought him the Hague Towers here in nearby Norfolk, VA to play with while he was 20 something. I keep his book along with my signed 1st edition of "The Millionaire Next Door" in my bookshelf, I am sure you can figure out the one I value most.
I had the fortune of having my parents pay for my college tuition at a state school. Not because Dad, Granddad, and Sis went there, but to help me have a better life. As a stand-alone full-time real estate agent since 1995 who has never had a relative anywhere near the business, it does get old seeing or listening to "real estate experts" who were handed a career and then take all the credit for their tons of success. Am I jealous? No way, I am proud of what I have done.
There is nothing wrong with entering a business that older family members have already seen success in, often it happens by necessity or just plain common sense. Just don't forget to think where you would be without that opportunity. And please, enough with the numbers.
Is the "greatest real estate agent in the world" the one with the biggest numbers? Or in your mind is that agent you? If you are truly a self-made man than you just might be a finalist in my book.
Actually I just did briefly, and useful advice is always welcome anywhere. I also saw a ton of "politics and other controversies" posts. Nothing wrong w/ that of course.
Many of the RE posts seemed to have common themes, though. I kept seeing "for 25 years", $350, $370, $400 million, I, I, me, me.
When I do the math, using your post from today, it appears that you had developed half of your 11 apartment communities by the time you were 29. You also had developed half of your shopping centers by age 32. This is incredible success, and I commend you. But are you taking all the credit as a self-made man as your posts imply?
I read Trump's "The Art of the Deal" book years ago and I looked up to him. But would we all know his name if it were not for Dad? Even he mentions old Dad from now on. Heck, Dad bought him the Hague Towers here in nearby Norfolk, VA to play with while he was 20 something. I keep his book along with my signed 1st edition of "The Millionaire Next Door" in my bookshelf, I am sure you can figure out the one I value most.
I had the fortune of having my parents pay for my college tuition at a state school. Not because Dad, Granddad, and Sis went there, but to help me have a better life. As a stand-alone full-time real estate agent since 1995 who has never had a relative anywhere near the business, it does get old seeing or listening to "real estate experts" who were handed a career and then take all the credit for their tons of success. Am I jealous? No way, I am proud of what I have done.
There is nothing wrong with entering a business that older family members have already seen success in, often it happens by necessity or just plain common sense. Just don't forget to think where you would be without that opportunity. And please, enough with the numbers.
Is the "greatest real estate agent in the world" the one with the biggest numbers? Or in your mind is that agent you? If you are truly a self-made man than you just might be a finalist in my book.
-Mark
Mark,
I make no apologies for my success. I was developing about $18-20 million a year by the time I was 30. And no, I didn't have Daddy's help. My Dad was a middle manager at a national company. He was a shrewd "horse trader" who has made many millions himself, but who never loaned me a dime. Also, I was one of those kids in High School who was popular, but never made good grades. I had severe learning disabilities which I ultimately learned to deal with. Knowing that I would not be "corporate material", I struck out on my own at an early age. I learned through a series of failures and ultimately prevailed. If you see "political" commentary in my posts, it is generally targeted towards those who will not work hard and who expect a handout. I could have just as easily expected society to give me what I thought I was owed. But my parents graced me with a much stronger work ethic. I don't mind at all helping those who are polite and inquisitive. But I don't have much time for fools - especially those who think they are genuises just because they have never suffered a down market.
I make no apologies for my success. I was developing about $18-20 million a year by the time I was 30. And no, I didn't have Daddy's help. My Dad was a middle manager at a national company. He was a shrewd "horse trader" who has made many millions himself, but who never loaned me a dime....... But I don't have much time for fools - especially those who think they are genuises just because they have never suffered a down market.
Have a good evening.
Got it,
But 47 years old minus 30 = 17 years.
2008 - 17 = 1991
IIRC 1991/1992 was our last "real" recession and most real estate markets were down the tubes. Must I even mention the S&L Crisis. Did you not suffer in this down market?
No offense meant again, but I equate "shrewd horse trader" similar to "champion offshore powerboat racer", as in you are already rich when you start.
So if anyone has any interest in a website company that generates tons of leads just PM me. I get about 30-40 per month.
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