#WarrenBuffett on #RealEstate
In An Exclusive Excerpt From His Upcoming #Shareholder Letter, Warren Buffett Looks Back At A Pair Of Real Estate Purchases And Teaches Real #Investors One Or Two #Lessons About #HowTo Invest In Real Estate.
Buffett’s Invest in #Commercial Real Estate
In 1993. Few Know That, In That Year, Buffett Made A ‘Small’ Personal #Investment In A Commercial Real Estate Property. Yes, You Read That Right. That’s The #KingOfStocks Doing Something No One Thinks He Does.
But The Most Interesting Bit Here Is Not Even His Choice Of Asset Class. It’s The #Analysis He Did Before Making The Decision. He Is About Arriving At An Honest And #Intelligent #Judgment Of What An Asset Can Produce For Its Owner, And Buying It When It’s Price Looks Good In Relation To That.
Warren Buffett Real Estate Predictions
Real Estate Is A #Valuable #Asset “For A Great Many People,” Particularly For Families That Plan On Being In The Same Location For Many Years, He Tells CNBC: “If You Know You’re Going To Live In A Given Area, Or Think It’s Very Likely, For A Considerable Period Of Time And You’ve Got A Family, The Home Is Terrific.”
And Also Buffett Loves Real Estate As An Investment. In 2012, Buffett Told CNBC, “I’d Buy up A Couple Hundred Single Family Homes If I Could.” Investors Who Agree with Buffett Will See That Real Estate Is a Great Tool Because It’s Simple to Understand. You’re Probably Grew up in a House, You’ve Seen Houses All Your Life, You’re probably a Homeowner Yourself, And You Probably Know Many People Who Own Real Estate.