“Smart Money” Woke Up – Now What?

“Smart Money” Woke Up – Now What?I don’t know about your market, but I can point to the day the “Smart Money Woke Up” and started changing the real estate fundamentals for the buy-and-hold investor. It was like a starters gun went off and competition tripled, prices went up 20% in the distressed market and bidding wars became not only commonplace but also became the norm.I believe the trigger was pulled by Warren Buffett and his now famous quote that went something like this:“I … [Read more...]

Buy Real Estate Now Advice From Trump And Buffet

Buy Real Estate Now Advice From Trump And Buffet Warren Buffett  says that now is a great time to buy real estate. That’s true. With interest rates and prices also at all time lows, why not make purchasing a property a priority in 2012? But, is it a good time for investor buyers? Yes and no. For investor buyers who want to hold onto properties for rental purposes, now is an awesome time to purchase a property. There are a fair amount of properties available, and investors who are paying cash … [Read more...]

5 Non-Real Estate Books for Real Estate Investors

5 Non-Real Estate Books for Real Estate InvestorsI don’t think J.K. Rowling had 39 year-old men in mind when she wrote the Harry Potter novels. Late last year, I started reading Harry Potter and the Sorcerer’s Stone, the first of seven in the series.  Let’s just say I had a little trouble getting into the book.  Halfway through I found myself hoping either Hogwarts would slip into foreclosure because of the global economic crisis or get invaded by terrorists.  But I toughed it out and … [Read more...]

Warren Buffett Quotes To follow in my Real Estate Business

Warren Buffett Quotes To follow in my Real Estate BusinessWarren Buffett is a great investor.  His track record over multiple decades is just too good to be ignored.  As you know, he prefers to purchase companies or stock in companies.  Nonetheless I look to leverage greatness any where I can in my business. I found the following three Buffett quotes fit my business model.Quote 1: “Only buy something that you’d be perfectly happy to hold if the market shut down for 10 years.”I am a buy … [Read more...]