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How Tangible Assets Built Barbara Corcoran’s Multi-Million Dollar Portfolio
Yahoo Finance· 2025-12-06 17:20
Core Insights - Barbara Corcoran has built a successful investment portfolio by focusing on tangible assets such as real estate, small businesses, and consumer products, contrasting with many investors who pursue tech stocks or speculative ventures [1] - Her investment strategy has yielded significant returns, including an investment that grew from $50,000 to nearly $468 million, contributing to her estimated net worth of $100 million [2] Real Estate Investments - Corcoran's real estate career began in the early 1970s when she borrowed $1,000 to start the Corcoran Group, a small real estate agency in New York City [3] - In 1981, she published the "Corcoran Report," the first real estate market report, which provided insights into New York's real estate trends and helped establish her authority in the industry [4] - The Corcoran Group grew to become one of New York's largest real estate firms, and in 2001, she sold the company for approximately $66 million [4] Investment Rules - Corcoran follows two key rules for real estate investment: 1. Buy property with a 20% down payment to keep monthly mortgage payments manageable [7] 2. Aim to break even in the first year of ownership, ensuring that rental income covers mortgage and expenses from the start [5][7] - She advises against withdrawing money from investment properties too soon, emphasizing the importance of allowing investments to mature before accessing profits [6]
FUTR Property Expands Personalized Buyers Agent Services Across Gold Coast
Globenewswire· 2025-10-08 15:50
Core Insights - Buyers agents on the Gold Coast are transforming property acquisition, with FUTR Property at the forefront, led by Bernard Rubin [1][2] - The agency offers personalized services to both local and interstate investors, covering the entire Gold Coast corridor [2][11] Company Overview - FUTR Property has established itself as a leading buyers agency from Burleigh Heads to Main Beach, providing comprehensive buyer representation [2][11] - The firm employs a distinctive methodology that differentiates it in the competitive Gold Coast real estate market, covering areas from Coolangatta to Hope Island [3][10] Client-Centric Approach - The agency focuses on understanding each client's unique property journey, tailoring search and acquisition strategies to meet individual goals [4][11] - Recent client testimonials highlight the firm's effectiveness in managing property acquisition remotely, showcasing its capability to serve clients regardless of location [5][6] Service Model - FUTR Property's service model includes comprehensive market analysis, property shortlisting, and detailed due diligence, aiding clients in navigating the complexities of the Gold Coast property market [6][10] - The integration of technology facilitates seamless communication and property assessment, enhancing decision-making processes for clients [7][9] Future Plans - The company is positioning itself to adapt to evolving market dynamics, with plans to expand service offerings in areas like Varsity Lakes and Bundall [9][10] - FUTR Property's success in competitive markets has set new benchmarks for buyer's agency services across the Gold Coast [10][12]