The Mouthy Experts in Real Estate

There are dreamers and doers, the know-it-alls and the focused and everybody else in between, so what about experts in real estate?

Would Warren Buffet invest in real estate in London, Ontario? I do not know, but he would use the sound principles he employs every time he invests.

Using his mentor's (Benjamin Graham) advice: "Price is what you pay; value is what you get," he would do well.

In this classic 2014 letter to shareholders, he compares real estate to a mouthy neighbour shouting his estimate of your farm's value over the fence at you while you are busy producing food from the land and the sunshine. The mouthy neighbour has all the advice in the world but never produces.

Or, my take of this is the complainypant who says real estate is overpriced, underpriced, interest rates too high, too low, waaaaah, waaaaah, or neighbours, co-workers or a family member advising on real estate.

In Texas, it is called "Big hat, no cattle".

In a bar," Not a pot to pee in."

In real estate, "commission breath."

Perceptions can be your biggest enemy! Sound real estate principles win every time when buying or selling a home or as an investor!