Source: The Motley Fool —
Buffett is a shrewd investor, but he’s off the mark on real estate.
Given that he’s a billionaire many times over, it’s fair to say that Warren Buffett knows a lot about being a successful investor. After all, he’s made a name for himself by identifying quality businesses to put his money into.
But one investment that Buffett has long shied away from is physical real estate. If you look at Buffett’s holdings, you won’t see throngs of income properties. In fact, Buffett has long said that he doesn’t consider buying properties a good investment. While he’s certainly entitled to that opinion, you may want to go a different route in the course of building your portfolio.
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