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Hot Property: It takes money to make money

Hot Property: It takes money to make money

This week’s offerings remind us that if one buys and holds real estate long enough, there’s money to be made.

We start with a timeless example. How long, you ask? Oh, say close to 50 years. How much, you ask? Nearly $11 million.

At least that’s how a Laguna Beach investment is shaping up for billionaire Warren Buffett.

And once you’re done checking out these star-studded home deals, visit and like our Facebook page, where you can find Hot Property stories and updates throughout the week.

Neal J. Leitereg and