mls real estate listing

Did you know that 46 of the world's 691 billionaires, their luck in the real estate industry? Well, according to Forbes Magazine's 2005 annual list of" The World's Richest People, "" elite of this group have much in common between their habits, lifestyle, economy and styles. Here are some unifying qualities of America's richest real estate moguls.

1. Go commercial. Billionaires, their assets in real estate not to do it in a residential area. They are equipped with a rich moguls of the owners and operators of office buildings, shopping malls, residential complexes and luxury hotels. This strategy works especially well for "America's richest landlord," "73-year-old Newport Beach resident Donald Bren, the richest man in the American real estate. This self-made millionaire, with a net worth of $ 4.3 billion, much of his money as chairman of the Irvine Company, a privately held real estate investment company known for creating a balanced, sustainable, quality communities such as the 93,000-acre Irvine Ranch in Orange County. Submitted sell land for more than $ 1 million hectares . The ranch also has 400 offices, 35 shopping centers, 80 apartment complexes and 2 luxury hotels. Bren is the 6th richest billionaire real estate and 122 of the richest man in the world. He is also one of real estate's great philanthropists.

2. More do than to invest. The big money in real estate goes through a real estate buying and waiting for them in value. It is about improvement. John Sobrato of Sobrato Development Company Calls Atherton home, but he made his fortune in Silicon Valley - for more than 40 years, Sobrato the SDC has real estate in Silicon Valley - specializing in facilities for high-tech and R & D companies. Another self-made man, he began in 1953 with one of the first "tilt-up" buildings in Santa Clara County. Sobrato, which owns and manages the building is built and maintains single tenant charged, has a portfolio of 1.5 billion U.S. Dollar. Its total assets include land in Silicon Valley, San Jose, Fremont, Newark and Santa Clara, and he has in over 7,000 rental units.

3. Can to see that for what it could be. Just because you are a shopping center, does not mean that is the highest and best use of the property. Find out about local zoning codes and open to the possibilities ... Los Angelino Ed Roski was just, dass Roski is the founder of Majestic Realty, the largest builder in Los Angeles, with an office, retail and industrial portfolio totaling more than 55 million square meters. The USC grad with a net worth of 1.1 billion U.S. Dollar was the highest and best use of previously destroyed area near the Convention Center and built the Staples Center with Philip Anschutz. Roski is also a minority owner of the Lakers and Kings. With headquarters in City of Industry, Majestic Realty also has offices in Atlanta, Dallas, Denver and Las Vegas - where they have a 400-acre Business Park and 3 million square feet of casinos.

4. Be persistent and relentless. Billionaires Do not let obstacles or traps them achieve their goals. Newport Beach billionaire George Argyros is the grandson of Greek immigrants. Argyros started using a Palm Springs grocery store. He graduated to buying and selling corner lots at busy ports for refueling. Turned to flats in 1968. Today, as part of Arnel & Partners, Argyros manages apartments and commercial properties in Southern California. He has a net worth of 1.2 billion U.S. dollars.

5. Have a thick skin. It is angry and jealous of successful people. Do not let criticism of your work you determine your goals. Consider Red Emmerson - the second richest in California real estate titan. Emmerson is the largest private forestland holder in North America - assets include 1.52 million acres in Northern California, timberland, more than 350 miles from Mount Shasta to Yosemite National Park. In the last 20 years, while other logging companies retrenched or relocated, Emmerson, and his company - Sierra Pacific Industries - quietly grew up in the second largest private landowner in the United States. Needless to say, Sierra Pacific is a favorite of environmental groups.

6. Have superior information. If you do more research than the competition, you have an advantage in a transaction. Self-made billionaire Carl Berg was a loan processor before investing in Silicon Valley commercial real estate with John Sobrato in the 1960s. He proposed on their own, as Mission West Properties, a Real Estate Investment Trust (REIT) in Silicon Valley. Berg owns a majority stake in the REIT, based on single-tenant research and development and office properties in Silicon Valley. Mission West now owns and manages more than 100 objects, large tenants include Microsoft and Apple Computer. Currently, the Atherton business man has a portfolio of 1.2 billion U.S. dollars.

7. Do not accept cards, you are treated. Forbes notes that one third of the world's 46 billionaires make their money in real estate and then inherited by their luck, two thirds are self-made. Stockton-based AG Spanos Companies are known for the construction, management and sale of multi-family dwellings, construction of master-planned communities, and the development of land. Although California is based, they have more than 100,000 homes in 18 states since 1960. AG Spanos Companies have also first-class office space in San Joaquin County. Alex Spanos, owner of the NFL San Diego Chargers, the company is working with his sons Dean (president and CEO) and Michael Spanos (EVP). Spanos, whose net worth 1.1 billion U.S. Dollar has pledged $ 200 million to San Diego for a new stadium for the football team.

8. Live in California. Of the 21 U.S. billionaires, their assets in real estate, more than one third live in Atherton, Los Angeles, Newport Beach, Palo Alto, or Stockton.

9. Get and stay married. Of the 43 real estate billionaires whose marital status is known, according to Forbes, 37 are married, while only three are divorced and three are widowed.

10. Go back to school. Of the 26 real estate billionaires whose educational attainments are known, 20 have a university degree or higher. Five, based on high school diplomas, and is a high school dropout. John Arrillaga is a big donor to alma mater Stanford University. Arrillaga + Richard Peery are two 2 by Silicon Valley's largest landlord. In the 1960s, they converted to arable land in expensive office space. Peery and Arrillaga are lifelong business partner, avoidance of debt, and the media. Everyone has the net worth of 1 billion U.S. Dollar. "

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Karen Hanover is known as a Certified Commercial Real Estate Advisor, President of the National Association Apartment Investors, chairman of the National Commercial Real Estate Advisory Board and Senior Instructor for the Self Storage Education and the Institute for Education Institute Apartments.

As a CCIM candidate, a highly prestigious designation, often called the "Ph.D. commercial real estate "" Karen is a busy commercial real estate agent with Marcus & Millichap is one of the largest and most respected business brokerage firms.

Sought by industry insiders for their harshest treatment, Karen has helped thousands to create wealth in commercial real estate with less risk, even in today's uncertain economy.

Karen founded the Commercial Investment Education Institute, the educational instruction for investors on several issues, including apartments, self storage, office, retail centers, mobile home parks and much more. Their courses are held in a friendly and easy to understand are.