One of Warren Buffett’s favorite investing strategies to make money in real estate

After all, being a Buffett nerd has its advantages. For one, I learned about the concept of an “economic moat.” It’s a principle that has made Buffett’s investment company Berkshire Hathaway billions of dollars in profits. And it’s become a guiding principle with my own investments.

In this article, I’m going to explain what an economic moat is and why it’s one of Buffett’s core investment tenants. But unlike Buffett, I’m not going to share how to use the principle to buy stocks. Instead, I’ll show how small investors like you and me can build profitable economic moats using real estate investing.

Published by Chad Carson in Business Insider.