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Updated over 12 years ago on . Most recent reply

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8,666
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Jon Klaus
  • Developer
  • Garland, TX
4,014
Votes |
8,666
Posts

Is a retirement home a good real estate investing strategy?

Jon Klaus
  • Developer
  • Garland, TX
Posted

In terms of a boomer buying a 2nd home for retirement before they are retired.

I expect Jon Holdman would say it's a doodad. And I too, have thought this was more of a lifestyle choice than a good investment, but now Warren says to do it...

http://www.forbes.com/sites/janetnovack/2012/01/27/warren-buffetts-advice-to-a-boomer-buy-your-sunbelt-retirement-home-now/

http://www.forbes.com/forbes/2011/0627/money-guide-11-real-estate-gallagher-nar-vacation-retire-later.html

What do you think, would you do it? Have you already bought yours? Shopping?

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