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Updated over 7 years ago on . Most recent reply

Matt R.'s profile image
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Matt R.
  • from Sherman Oaks, CA
  • Member since Dec 17, 2013
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Matt R.
  • from Sherman Oaks, CA
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Matt R.
  • Sherman Oaks, CA
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Real Estate News & Current Events

How Warren Buffet made 7000% return on a California Beach House

Matt R.
  • Sherman Oaks, CA
Posted

And that is without renting it on VRBO.

Ok, he has to sell it first but it can be all yours for the low low price of 11 million. He paid 150k. Good luck!

https://youtu.be/F56Hs9my9kM

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David Faulkner
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  • from Orange County, California
  • Member since Feb 4, 2015
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David Faulkner
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  • from Orange County, California
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David Faulkner
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  • Orange County, CA
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David Faulkner
  • Investor
  • Orange County, CA
Replied

What a speculator that Warren Buffet must be, investing in CA RE! :) 

His partner Charlie Munger developed an entire community of luxury homes on the coast in Santa Barbara:

http://santabarbararealestatevoice.com/2015/10/15/...

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