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1
Eman
2012 Aug 30, 11:55am
Eman
2012 Aug 30, 11:55am
Reading from your post, my guess is that Buffett is betting on a housing recovery. Coincidentally, the home builders and construction suppliers are near or at 52-week high.
When it comes to investing, I don't like to invest out of state. Too many unknowns. Call me a control freak, but I like to invest closer to home. Unless you're very familiar with Indiana, then it's a different story.
4
Eman
2012 Sep 1, 9:34am
Eman
2012 Sep 1, 9:34am
I'm in LA county, CA, originally from Indiana.
Freedom 1789-2012
Ah. That makes all the difference. Fly over states have some amazing yields in RE investment if done correctly.
Been just thinking, Buffet has been buying construction companies. Material and labor costs are really low these days. Would anyone in Southern Cali be interested in pulling money together for this venture?
Been planning to buy something in Indiana for the past year, but ended up backing out of the deal. So have some investment money left and this seems like a solid idea.