If I Knew Then What I Know Now.

When I first moved to California in 1973 I was only 19 years old and could care less about real estate. I had a chance to purchase a very nice duplex in 1975 for $39,000 but decided to pass on the deal. Today that duplex would sell for $725,000. I had a chance in 1979 to purchase a Victorian home with a cottage in the backyard  for $86,000. I passed on that property and it is now worth $800,000. Don’t get me wrong because I have been very blessed in business and in real estate. I do think that we can all look back in our lives and tell a story about what could have been. The bottom line is this. Don’t look back on what could have been because there is no going back in life. Instead look forward to what will be because that $400,000 property that you buy today will probably be worth $4,000,000.00 ten years from now.

English: Emlen Physick Estate, Cape May, New J...
English: Emlen Physick Estate, Cape May, New Jersey, USA (exterior). Built 1879. Architect: Frank Furness. (Photo credit: Wikipedia)

 

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