I found this article about billionaire Warren Buffet and some of his wisdom when it comes to real estate. He had these tips when it comes to real estate.
1. The Basic Premise of Home Ownership - That Homes Increase In Value Over Time - Is Sound
2. Buy Low
3. Don't Wait Too Long To Take Advantage of Low Prices
4. The Smart Way to Own a Home Has 3 Elements: Fixed Mortgage, Affordable Payments, and Long-Term Hold
5. Buying Your "Dream Home" May Lead to Nightmares
For more on these tips visit this link for the whole article!
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