1 in 6 homes with mortgages over $1,000,000 are in default. This compares to 1 in 12 under $500,000. The fact is the rich are much more likely to walk away from their loan. Their view of a home as an investment and these homes as just a bad purchase is significantly different than their less affluent mortgage holding counterparts.
Wednesday, July 28, 2010
1 in 6 homes with mortgages over $1,000,000 are in default. This compares to 1 in 12 under $500,000. The fact is the rich are much more likely to walk away from their loan. Their view of a home as an investment and these homes as just a bad purchase is significantly different than their less affluent mortgage holding counterparts.
Thursday, June 3, 2010
Grand Cayman is the playground of the rich and famous for many reasons, aside from the island's beauty and tranquility. The government's tax and privacy laws make it an ideal destination for wealthy investors to purchase a luxury home in Grand Cayman.
Friday, May 21, 2010
What are all the rich guys you know investing in? Real estate. The only thing you really need to know to be successful purchasing real estate is what to buy, and how to buy it.
Friday, May 21, 2010
Donald Trump's no fool - he invests in real estate because it's the best way to get rich. If you know the well-kept secrets of which properties to buy, and - this is key - when to buy them, you'll be head and shoulders above your competition.
Thursday, April 29, 2010
Mazatlan Real Estate presents the most developed option for a combination of beachfront luxury, and colonial tradition. On Mexico's Pacific coast, just across from the tip of Baja California, Mazatlan presents an excellent option for those looking for a Mexico Homes with access to a well developed system of marina ports for yacht travels (which links various strategic points along the north part of the Pacific and Baja California,) and a home which brings all of the rich atmosphere of an authentic colonial city.
Tuesday, April 13, 2010
It's no secret that Miami, Florida, is the playground of the rich and famous. With world-class resorts, five-star dining, boutiques overflowing with designers, and pristine beaches, there is something for absolutely everyone in Miami.
Wednesday, December 9, 2009
Anyone who can fog up a mirror has heard the complaint that "the rich get out of paying taxes". They hire good tax accountants who can find ways around the system, and they do this legally. Homeowner's have some incredible tax shelters and you don't have to be rich to take advantage of them! Here are three must dos for homeowners.
Tuesday, October 13, 2009
I got the rich anecdotes, now I'm just missing the actual lessons. Every few months or so, I get this itch to spend the whole day looking into getting rich. I suppose, in some ways, it’s the same sort of impulsive dedication I show with my monthly need for a fancy vacation, or buying a video game, or writing a short story, or finding a new job, or some other kind of “what could my life be like if I only knew more.” I’m on a rich day, again, today. I started reading some excerpts fr
Tuesday, October 13, 2009
I got the rich anecdotes, now I'm just missing the actual lessons. Every few months or so, I get this itch to spend the whole day looking into getting rich. I suppose, in some ways, it’s the same sort of impulsive dedication I show with my monthly need for a fancy vacation, or buying a video game, or writing a short story, or finding a new job, or some other kind of “what could my life be like if I only knew more.” I’m on a rich day, again, today. I started reading some excerpts fr
Wednesday, July 28, 2010
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