{"id":179,"date":"2018-05-30T23:47:19","date_gmt":"2018-05-30T23:47:19","guid":{"rendered":"https:\/\/latcheldev.wpengine.com\/blog\/quotes-about-re-investing-and-a-how-to-on-skip-tracing\/"},"modified":"2019-07-26T10:58:35","modified_gmt":"2019-07-26T17:58:35","slug":"quotes-about-re-investing-and-a-how-to-on-skip-tracing","status":"publish","type":"post","link":"https:\/\/latchel.ticksites.com\/wp2\/quotes-about-re-investing-and-a-how-to-on-skip-tracing\/","title":{"rendered":"Quotes About RE Investing and a How-To On Skip Tracing"},"content":{"rendered":"

10 Quotes About Real Estate Investing<\/h2>\n

These 10 thought provoking quotes may stir up some inspiration for the real estate investors out there:<\/p>\n

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  1. \u201cThe first principle is that you must not fool yourself and you are the easiest person to fool.\u201d \u2014Richard P. Feynman<\/a><\/li>\n
  2. \u201cThere\u2019s so much disagreement about investing, and it\u2019s because nobody knows.\u201d \u2014Robert J. Shiller<\/a><\/li>\n
  3. \u201cWorry is not a sickness but a sign of health\u2014if you are not worried, you are not risking enough.\u201d \u2014The Zurich Axioms: The rules of risk and reward used by generations of Swiss bankers<\/a><\/em><\/li>\n
  4. \u201cInvesting should be more like watching paint dry or watching grass grow. If you want excitement, take $800 and go to Las Vegas.\u201d \u2014Paul Samuelson<\/a><\/li>\n
  5. \u201cBe fearful when others are greedy. Be greedy when others are fearful.\u201d \u2014Warren Buffett<\/a><\/li>\n
  6. \u201c\u2026 I point out that many of the more successful entrepreneurs seem to be suffering from a mild form of Asperger\u2019s where it\u2019s like you\u2019re missing the imitation, socialization gene.\u201d \u2014Peter Thiel<\/a><\/li>\n
  7. \u201cAs a bull market continues, almost anything you buy goes up. It makes you feel that investing in stocks is a very easy and safe and that you\u2019re a financial genius.\u201d \u2014Ron Chernow<\/a><\/li>\n
  8. \u201cIn poker, the bulk of what goes on is watching. An experienced player will choose to play only about 20% of the hands they are dealt, forfeiting the other 80% of the hands before even getting past the first round of betting. That means about 80% of the time is spent just watching other people play.\u201d \u2014Annie<\/a>\u00a0Duke<\/li>\n
  9. \u201cHuman behavior cannot be predicted. Distrust anyone who claims to know the future, however dimly.\u201d \u2014The Zurich Axioms<\/em><\/li>\n
  10. \u201cGoing through chemo is like investing money in a retirement account. You feel the hit right now, but later in life, you get to reap the benefits\u2014by still being alive.\u201d \u2014Regina Brett<\/li>\n<\/ol>\n

    Get the full article and quote interpretations here<\/a>. Original article written by Jordan Thibodeau<\/a>.<\/p>\n

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    How To Use Skip Tracing<\/h2>\n

    Nasar Elarabi<\/a>\u00a0gives us a full explanation of how to use skip tracing to find your next real estate deal here<\/a>.\u00a0Skip tracing can specifically be used to track homeowners that may not be occupying the homes they own.<\/p>\n

    Skip tracing is a basic, but very effective concept to find property owners. The whole idea behind it is to get an alternate address for abandoned or vacant property owners whom you are having trouble finding.<\/p><\/blockquote>\n

    For example, one option is to use the NCOA (National Change of Address) to attempt to track down the owner’s new living address and pull a phone number for the new address. You may also want to use a skip trace service.\u00a0Here are a few examples of online skip tracing tools popular with real estate investors:<\/p>\n