Warren Buffet says, that …Americans should buy distressed houses, which are really cheap right now, and rent them out (after fixing them up a bit, of course)…
I’d say that’s relatively sound advice.
http://now.msn.com/money/0227-buffett-houses.aspx
Keith
a good 30 year play on us dollar.
wish I could reference the cnbc live interview from yesterday, (sure hyperlink is readily available), just ain’t got time for that.
nice post Keith.
-Mike
ps…deese single serving Velveeta bowls…really are…'da bomb…
I’ve followed that advice dozens of times over the past few years. I can’t think of many better circumstances for someone to start acquiring property now.
I agree justin…
If only I had more money to do it with!!