Jason Hartman and Doug get together today to discuss some of the statements that Warren Buffett has made in regards to investing in real estate. Specifically they examine his interview about his $150,000 home purchase that turned into an $11,000,000 property and his thought of how he wished there was a way to buy and manage thousands of single family homes.
[4:29] The power of the 30 year mortgage, explained by Warren Buffett
[9:10] Your returns when you lever equity can be really good, but when a tenant is paying your mortgage then it’s even better
[14:33] Don’t miss the market because you’re waiting for a dip
[19:48] Time heals wounds, especially in real estate