Posts from March 2016
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#2 Fun Real Estate Facts...
Ever wonder about where the richest people in the world live? Many would be surprised that billionaire Warren Buffett still lives in the Dundee-Happy Hallow Historic District of Omaha, Nebraska where he grew up in the same home he purchased in 1958 for a mere $31,500. Surprised? I know we were. Named by Time Magazine as one of the most influential people in the world, this 6000 square foot relatively modest stucco house (recently appraised for under $1 million dollars) is just a tiny fraction of his estimated net worth of $66.2 billion dollars. But to be fair, Warren Buffett also owns a second home in Laguna Beach, California estimated at about $4 million, but still just a small fraction of his net worth. We're guessing one of the secrets to his success is being frugal.
5
#1 Fun Real Estate Facts...
It's not that Kyle MacDonald had a "paperclip fetish." Actually, he says that "the best thing I ever did was to trade away that silly red paperclip in the first place." Which is exactly what he did when in 2015 he posted a picture of the red paperclip in the barter section of Craigslist and asked if anyone had something they were willing to trade for it which was "bigger and better." The first trade was for a writing pen shaped like a fish. Then Kyle traded the fish pen for a doorknob. Each trade was always for something "bigger and better" until after just 14 trades he ended up with a house located at 503 Main Street in Saskatchewan.