JOINT VENTURE REAL ESTATE INVESTING JIM INGERSOLL
arren Buffett made the following statement on the Squawk Box on CNBC , “If I had a way of
buying a couple hundred thousand single-family homes… I would load up on them.” He went on
to make more remarks concerning low interest rates, low prices and valid points regarding why he
likes single family homes. For all these remarks I do applaud Mr. Buffett. He has an accurate picture of the
housing market as an overall investment platform. He also remarked that, “single family homes are cheap
now.”
He is point on that prices are still cheap, rental demand is surging and discounted houses are still available.
He expressed his concern with buying a couple hundred thousand homes as the challenge being the
management, “the management is… really the problem because they’re one by one.” He is implying that
buying, fixing up and managing a bunch of single-family homes could be a real challenge. Again, I applaud Mr.
Buffett, as he is point on.