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In 2018, my friend sent me a listing for Cerro Gordo, an abandoned mining town in California. "This might be your next project," he joked. The idea of a remote town in the American West was very alluring to me. It reminded me of the old TV westerns my grandfather watched every day. I was running a pretty popular bed and breakfast in Austin, but it felt like I was just searching for something to shake me up from the routine monotony. Buying this ghost town has done that. It cost $1.4 million — more than half was a loan from a hard money lender. The rest was mostly split between my friend and me, but a few other friends also chipped in. On the surface, you understand it's going to...

The wife of Chinese billionaire Jack Ma has acquired three so-called shophouses in Singapore, the Business Times reported, properties that are among the city-state’s most highly prized. Wife of Alibaba co-founder Jack Ma reportedly buys 3 shophouses on Duxton Road. Singapore’s soaring property prices are no big deal for the ultra-wealthy, who are snapping up real estate like a real-life game of Monopoly. On Wednesday (21 Feb), The Business Times (BT) reported that a woman named Zhang Ying had purchased three Tanjong Pagar shophouses.   (Source: Sohu)   Wife of Jack Ma reportedly pays S$45 million to S$50 million for Duxton Road shophouses. According to BT,...

I'm a millennial, which means I, like so many in my generation, have had a rough time financially. I'm facing student loans, high inflation, and stagnant wages. The cost of living is high, and unfortunately I'm not a trust-fund kid with wealthy relatives. While other people my age may be sacrificing dreams of homeownership, children, and a career they love, one trick up my sleeve has helped me more than anything: polyamory. My husband, Daniel, and I agreed to try polyamory in December 2015. We'd married in 2008 and had two children by 2013. For the first few years we tended to date other people who were also in primary relationships with other people.   (Jared Soares for...

Former boy wonder Blake Ross, 38, who co-founded the web browser Mozilla Firefox when he was just a teenager, is the latest boldface buyer at the Renzo Piano-designed 565 Broome St. condo in Soho. Ross, who has written with grace and humor about his condition of aphantasia — which means he can’t “see” anything in his mind’s eye and grew up thinking no one else could either — paid $8.25 million for the three-bedroom, 3½-bath condo, Gimme Shelter has learned. At 2,512 square feet, the 24th-floor residence comes with city skyline and Hudson River views. It had been on the market for $8.5 million, down from its $8.9 million asking price in...

I bought crumbling castle loved by royals for just £1 – it was a ‘romantic ruin’ until I could cut off the padlock A MAN who brought a crumbling castle that was once fit for a king revealed how he bagged a royal's paradise for just £1. Martin Higgins, 60, from Brockham in Surrey, bought Betchworth Castle for cheap after the local council refused to restore it.   (A man bought the ruins of a castle for just £1.Credit: BPM)     (Historian, Martin Higgins, owns the castle.Credit: Getty)     He first went inside Betchworth Castle as a child, when local kids used to trespass around the grounds. King Edward is said to have...

French group Kering, the brand behind luxury houses like Gucci, Saint Laurent and Balenciaga, is investing a whopping $963 million in prime New York City property, the company said in a press release Monday. (Kering is a French-based multinational corporation specializing in luxury goods. It owns the brands Gucci, Balenciaga, Bottega Veneta, Yves Saint Laurent, Creed and Alexander McQueen. The timber-trading company Pinault S.A. was founded in 1962, by François Pinault)   (Gucci bought the retail property for a whopping $963 million.ZUMAPRESS.com)   “With this transaction, Kering acquires exceptional retail locations on one of the world’s most iconic...

Sydney Sweeney is putting the money she’s making as a Hollywood star into real estate. The “Euphoria” actress recently spoke on “The Kelly Clarkson Show” about being able to afford to buy back her great-grandmother’s house after her family was forced to sell it years ago. “My great-grandma had this beautiful house... My grandma was born in it. My mom was born in it, and then as the kids got older, they built on the property another home,” Sweeney said. “And when my great-grandpa passed away and my great-grandma got old, they just couldn’t afford to keep it anymore... It was a lot.” Sweeney, who was born in Washington but...

Mark Zuckerberg since 2014 has been buying land on the island of Kauai, and now owns 1,400 acres. Mark Zuckerberg has become a farmer, announcing he has bought a herd of cattle which he will feed with macadamia meal and beer - aiming 'to create some of the highest quality beef in the world. The 39-year-old Facebook founder said he will raise the cattle on his ranch in Hawaii, feeding them the nuts for taste and protein, and the beer so the animals relax.     Zuckerberg - who has a net worth of $126.5billion- has since 2014 been buying up hundreds of acres on Kauai, and now owns 1,400 acres of beachfront land on the north shore worth an estimated $270 million. 'Started...

  Cristiano Ronaldo is no stranger to luxury homes, and from the looks of his most recent real estate investment, the Portuguese soccer star is putting down roots in the United Arab Emirates following his first season with Saudi Arabian professional football club Al Nassr. The fleet-footed forward, who inked a roughly $200 million-per-year deal with the Riyadh-based team, just purchased a mansion in Dubai, The Daily Mail reported.       (Cristiano Ronaldo has reportedly purchased a mega-mansion on 'Billionaires Island' in Dubai)     (A long distance shot of Jumeirah Bay Island, which is better known as 'Billionaires Island', a secluded Dubai enclave...

The internet has thoughts on the new $200M California mansion of Beyonce and Jay-Z. Their new home is a massive 40,000 square feet and sits in a prime real-estate neighbourhood of Malibu, California. They bought the mansion from an art mogul who reportedly spent 15 years designing the dream home. Art collector William Bell who bought it in 2003 for $14.5 million – and spent the time since giving the home his own touches.     But, as usual, the trolls have come out in force with their thoughts on the celebrity pair’s new home. The internet is claiming that all that they can see from the images is a “warehouse”. And somebody needs to get Jeff Bezos...