Warren Buffett is one of the most well known investors in the world.
When you think of Warren Buffett, what are some of the first things that come to mind? Successful? Wealthy? There’s no doubt that Warren Buffet is one of the most successful businessmen of our time, but did you know he’s also offered up wisdom for the real estate industry? It’s true, rather than solely sticking to his work with Berkshire Hathaway, Buffet has real estate advice that would serve homeowners quite well.
- The basic premise of homeownership – that homes increase in value over time – is sound. Buffett stated that since the dollar becomes worth less over time, it’s a good conclusion to believe that houses will become worth more.
- Buy Low. You’ve probably heard that now is the time to buy a home and Buffett agrees. He states that “Home ownership makes sense for most Americans, particularly at today’s lower prices and bargain interest rates… All things considered, the third-best investment I ever made was the purchase of my home… the two best investments were wedding rings.”
- Don’t wait too long to take advantage of low prices. To sum up his views that current market conditions make investments worthwhile Buffet says “If you wait for the robins, Spring will be over.”
Making an investment in real estate opens the door to many opportunities. Find dozens of investment properties and more by contacting Linda Frierdich!
Source Daily Finance
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