The City of New York enacted Local Law 1 of 1982 and in so doing placed the responsibility for abatement of lead paint on the owner of a multiple dwelling. Of course, the owner of a cooperative owns shares of stock and is the signatory to a proprietary lease entitling that owner to possession of … More Co-op Owners not Liable for Lead Paint in Their Apartments.
When Warren Buffett speaks, investors will pay careful attention based on his success over the years as an investor in stocks. The following excerpts from an article in Daily Finance is worth reading as he shifts gears to real estate investing. In an annual letter to shareholders of the conglomerate holding company Berkshire Hathaway, Chairman … More Warren Buffett’s Secrets for Investing in Real Estate.