Warren Buffet Recommends Buying Homes as Investments


by Dave Miller

In an interview last week Warren Buffet told young investors to go out and buy single family homes. He explained how it is a way to short the dollar.

Here is the interview: Warren Buffet on Buying Homes

His down side to buying a couple hundred thousand houses is the management aspect. I’m not sure why he considers that to be a problem as there is good money in management. He could just buy his own management company and make a profit there also.

Yet management continues to be the biggest hang up for people contemplating their first purchase. And as they buy more that fear diminishes, or so I tend to find it. My findings are this; if you are purchasing detached single family homes you are in different category than multi-family or apartment style homes. The type of people renting single family homes tend to be more responsible. For one, they can afford the higher rent; this tells you a lot about the person.

So if you can buy single family homes in the country or in a nice development at a good price I agree with Warren Buffet; it should be a great investment over the years.

Buy single Family homes

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Published in: on March 14, 2012 at 8:59 pm  Leave a Comment  
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