Real Estate Questions Information Answers http://realestateqia.com All things about real estate Thu, 22 Jun 2017 17:24:54 +0000 en-US hourly 1 How to Pass the Real Estate License Exam – Tips http://realestateqia.com/how-to-pass-the-real-estate-license-exam-tips/ Thu, 22 Jun 2017 17:24:54 +0000 http://realestateqia.com/?p=9783 **THE PROGRAM I MENTIONED IS CALLED COMPUTRAINER** Tips and insight for the salesperson real estate license exam in California. What you can expect and some things you can do to increase your chances in passing. NEW VIDEO: HOW TO BECOME A REAL ESTATE AGENT: ☆ LOOKING FOR CA REAL ESTATE LICENSE PRACTICE TESTS? Go to […]

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**THE PROGRAM I MENTIONED IS CALLED COMPUTRAINER**
Tips and insight for the salesperson real estate license exam in California. What you can expect and some things you can do to increase your chances in passing.

NEW VIDEO: HOW TO BECOME A REAL ESTATE AGENT:

☆ LOOKING FOR CA REAL ESTATE LICENSE PRACTICE TESTS?
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10 Cool And Rare Vintage Movie Posters To Gawk At http://realestateqia.com/10-cool-and-rare-vintage-movie-posters-to-gawk-at/ Fri, 16 Jun 2017 01:30:23 +0000 http://buzzfeed.com/leonoraepstein/10-cool-and-rare-vintage-movie-posters-to-gawk-at Dwight Cleveland, a Chicago real estate developer, has been a fan of vintage movie posters for quite some time — he’s been collecting since he was a wee high school kid. Over the years, he apparently amassed over 10,000 of them (some in mint condition). While he’s been looking for a buyer for the $3.5 […]

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Dwight Cleveland, a Chicago real estate developer, has been a fan of vintage movie posters for quite some time — he’s been collecting since he was a wee high school kid. Over the years, he apparently amassed over 10,000 of them (some in mint condition). While he’s been looking for a buyer for the $3.5 million collection, he generously donated a good chunk to the Oscar library, which includes several pieces from foreign countries. Here, a look at some beautiful examples from his collection.

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Read more: http://buzzfeed.com/leonoraepstein/10-cool-and-rare-vintage-movie-posters-to-gawk-at

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Real Estate Photography Tips Twilight Post Processing http://realestateqia.com/real-estate-photography-tips-twilight-post-processing/ Thu, 15 Jun 2017 16:55:44 +0000 http://realestateqia.com/?p=9780 Real Estate Photography Tips | | Twilight Post Processing for Real Estate Photographers In this video tutorial I share my workflow process in Adobe Photoshop Lightroom and Photoshop for editing real estate photography twilight shoots. My Company: Unique Exposure Photography

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Real Estate Photography Tips | | Twilight Post Processing for Real Estate Photographers

In this video tutorial I share my workflow process in Adobe Photoshop Lightroom and Photoshop for editing real estate photography twilight shoots.

My Company: Unique Exposure Photography

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Difference Between Condos vs. Townhouses vs. Detached Homes – Real Estate Tips http://realestateqia.com/difference-between-condos-vs-townhouses-vs-detached-homes-real-estate-tips/ Wed, 14 Jun 2017 10:02:33 +0000 http://realestateqia.com/?p=9777 For an experienced SF Bay Area real estate agent visit Like me on Facebook: Thumbs up, favorite, share, subscribe and make a comment! One of the first choices you're going to have to make when you decide to buy a home, is what TYPE of home you want to purchase? Do you want to buy […]

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For an experienced SF Bay Area real estate agent visit
Like me on Facebook:
Thumbs up, favorite, share, subscribe and make a comment!

One of the first choices you're going to have to make when you decide to buy a home, is what TYPE of home you want to purchase? Do you want to buy a condo or co-op?

A town home? A detached home? As I explained in my "Home Buying Process" video, this is going to be one of the first choices you're going to have to make. I can't make the decision for you, but I can help with explaining the difference so you can make a choice that works for you.

Let's start off with what's commonly the two most unfamiliar of the group — condo's and town homes. A condo is basically an apartment that you own. You mainly own the airspace in between the walls. Because you don't technically own the roof and exterior of the building, you pay a higher HOA fee.

In parts of my market, HOA fees can run 3 to 400 dollars on a $150,000 condo. BUT, there is a benefit to the high HOA fees. Presuming the management is doing a good job with the funds, you won't have to ever pay for a roof. Garbage and water is usually included in the HOA fee. Maybe there's even a pool and some nice landscaping.

ALL this is included with your HOA fee. Another note, with some HOA's, they fix a majority of problems that you and other owners could not have caused. For example, if the condo above you starts to leak into your unit, and it's at NO FAULT of the owner upstairs, then the HOA will likely cover the costs. If for example the owner upstairs flooded their bathtub or toilet or never did regular maintenance, then that would be a separate homeowner issue.

Town homes are kind of in the middle of a regular home and a condo, and it depends on how it's set up. For example, if your town home complex shares roofs with the neighbors, usually the HOA is set up to repair and replace it.

However, if your deck starts to need major repair, you are likely going to be responsible for replacing it, whereas a condo will replace or fix it for you. Town homes commonly are more expensive than condos, but the HOA fees are usually less — mainly because there is less common responsibility.

Detached homes are homes that have no neighbors sharing walls, and are almost always the most expensive of the three property types. With a home, you are responsible for all repairs and maintenance. If the roof needs repair, you have to pay for it. If there is a leak or the deck needs repair, you have to pay for it. Landscaping must be done by the owner.

All the garbage and water bills are also paid directly by you and not an HOA. However, in *SOME* developments — mostly newer ones — there is a small HOA fee. Usually this is paid by the neighborhood to maintain a local park and the greenery near the roadway, but usually not your front lawn.

Of course, there are also other versions of the primary three types of housing. Co-ops are basically condos in which you buy a percentage. You commonly will see these in downtown areas like San Francisco or especially New York. Then there are homes which share a wall with a neighbor — commonly called duets. There are also others that are less common nationally but may be more common in local markets.

When it comes down to it, it's all a matter of preference. If you don't like to have to save up for any large repairs and you like the idea of a close community or apartment style living and don't mind the privacy of your own yard, a condo may be the way to go.

If you prefer to take care of everything yourself and like the idea of fully controlling your bills, repairs and having your own place to do with as you wish, then a detached home is likely your best bet. And if your somewhere in between where you would like to have a small yard but don't mind sharing expenses, then maybe a townhouse is for you. Either way, it's up to you as a buyer to make that choice…now that's good to know.

Contact Davide Pio Today | SF Bay Area Real Estate
| 510-815-2000

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Disgrace: Obama lies about Mitt Romney’s position on the auto bailout. Again. http://realestateqia.com/disgrace-obama-lies-about-mitt-romneys-position-on-the-auto-bailout-again/ Tue, 13 Jun 2017 01:30:13 +0000 http://twitchy.com/2012/11/04/disgrace-obama-lies-about-mitt-romneys-position-on-the-auto-bailout-again/ http://twitter.com/#!/BarackObama/status/265267589935157249 This claim has been a cornerstone of President Obama’s campaign in Ohio, where polls show a tight race. But is it true? Here is Mitt Romney’s op-ed piece about the auto bailouts, published in the New York Times on November 18, 2008. In it, Romney promoted tax reform and managed bankruptcy as alternatives to the […]

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http://twitter.com/#!/BarackObama/status/265267589935157249

This claim has been a cornerstone of President Obama’s campaign in Ohio, where polls show a tight race. But is it true?

Here is Mitt Romney’s op-ed piece about the auto bailouts, published in the New York Times on November 18, 2008. In it, Romney promoted tax reform and managed bankruptcy as alternatives to the auto bailout:

It is not wrong to ask for government help, but the automakers should come up with a win-win proposition. I believe the federal government should invest substantially more in basic research — on new energy sources, fuel-economy technology, materials science and the like — that will ultimately benefit the automotive industry, along with many others. I believe Washington should raise energy research spending to $20 billion a year, from the $4 billion that is spent today. The research could be done at universities, at research labs and even through public-private collaboration. The federal government should also rectify the imbedded tax penalties that favor foreign carmakers.

The American auto industry is vital to our national interest as an employer and as a hub for manufacturing. A managed bankruptcy may be the only path to the fundamental restructuring the industry needs. It would permit the companies to shed excess labor, pension and real estate costs. The federal government should provide guarantees for post-bankruptcy financing and assure car buyers that their warranties are not at risk. In a managed bankruptcy, the federal government would propel newly competitive and viable automakers, rather than seal their fate with a bailout check.

As blogger Patterico noted two weeks ago, “Romney did not indicate that he wanted to liquidate the auto companies. He did say there should be guarantees and government help.”

With 27 hours to go before Election Day begins, Obama is still lying about Romney’s position on the auto bailout. This is how he wants to spend the final hours of his campaign.

Will any of the MSM fact-checkers call him out? Don’t bet on it.

 

Read more: http://twitchy.com/2012/11/04/disgrace-obama-lies-about-mitt-romneys-position-on-the-auto-bailout-again/

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25 Inspirational Rags to Riches Stories http://realestateqia.com/25-inspirational-rags-to-riches-stories/ Mon, 12 Jun 2017 01:30:05 +0000 http://list25.com/25-inspirational-rags-riches-stories/ While some people are handed everything on a silver platter, just because someone is at the top doesn’t mean it was always that way. In fact, many of the wealthiest people in the world started their journeys in slums and orphanages. Many of them even credit their hardship with giving them the motivation, understanding, and […]

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While some people are handed everything on a silver platter, just because someone is at the top doesn’t mean it was always that way. In fact, many of the wealthiest people in the world started their journeys in slums and orphanages. Many of them even credit their hardship with giving them the motivation, understanding, and personality required to make it to the top. These are 25 inspirational rags to riches stories.

25. Andrew Carnegie

This Scottish-American industrialist started to work at a cotton mill for a 12-hour, 6-days a week job in America when he was only 13 years old after his father lost his jobs as a handweaver in Scotland. Hired later as a telegraph messenger at the Pennsylvania Railroad Company, he was able to climb the corporate ladder where he used his earnings to invest in ventures that led him to build an empire in the steel industry including his large-scale philanthropic legacy.

24. Oprah Winfrey

Born to unwed teenage parents in Mississippi, this media mogul wore dresses that her grandmother made out of potato sacks. After being molested, she ran away at the age of 13 and became a mother at 14, but her son died in infancy. Sent to live with his father, a barber in Tennessee, she got a full scholarship in college, won a beauty pageant and was discovered by a radio station. Her empire is now worth $2.7 billion which she shares with the world through her philanthropic works.

23. Maria Das Gracas Silva Foster

Born in the poverty-stricken shantytown of Morro do Adeus, Brazil to an alcoholic father, she earned extra money by collecting cans and paper to continue her studies. She broke the barriers of the corporate ladder when she was hired as an intern at Petrobras, an oil company, in 1978 and became the first female head of the department of engineering. She also became one of the world’s most influential people as the first female CEO of Petrobras.

22. Sam Walton

During the Great Depression, Sam Walton and his family lived on a farm in Oklahoma where he milked the family cow and delivered bottles to customers to make ends meet. He joined JC Penny three days after graduating from the University of Missouri with a BA Economics degree. After WW II, with capital of $25,000 that he borrowed from his father along with the $5,000 that he saved from the army, he bought a Ben Franklin variety store which he expanded into the retailer giant Walmart and the membership-only retailer warehouse Sam’s Club.

21. Chris Gardner

Born without knowing his real father, he was driven out of his home by his abusive stepfather. He enlisted in the Navy and later became a medical supplies salesman. Due to the slump in his job and with his own family to support, he became interested in stock broking after seeing a stockbroker with a Ferrari. His travails of sleeping in a subway station bathroom, being homeless, passing the licensing exam for stockbrokers, and becoming employed by Bear Sterns was documented in his memoirs, “The Pursuit of Happiness,” which became a hit movie as well.

20. Ingvar Kamprad

Living on a farm most of his growing up years, this Swedish business magnate had always been known for being enterprising even at a young age as he bought matches in bulk and sold them individually to his neighbors. This expanded to fish, pens and Christmas decorations. He also used the cash reward that his father gave him for good grades and used this to create a mail-order business that became the retail company IKEA. Furniture became the company’s biggest seller, which made him one of the richest men in the world today having a net worth of $3 billion.

19. J.K. Rowling

Joanne Rowling, a native of Yate, Gloucestershire in England moved to Porto, Portugal in 1990 when her mother died. While she was already writing the Harry Potter novel even before her mother’s death, the seven-year period that followed entailed a divorce from her husband in 1993, a move to Edinburgh, Scotland and a life with a daughter living on welfare while suffering from clinical depression until she finished the first book in her famous series, “Harry Potter and the Philosopher’s Stone” in 1997. She was able to finish it by writing on scraps of tissue paper from the numerous cafes they visited to let her daughter sleep. With over 400 million books and the worldwide success of the Harry Potter franchise JK Rowling’s net worth is $1 billion.

18. Jim Carrey

James Eugene Carrey was born in Ontario, Canada to a middle-income family where his musician father worked as an accountant. However, things got worse for his family when his father lost his job and they all had to move to Scarborough. He worked at the Titan Wheels Factory for eight hours a day while attending school, but never finished high school. While living in a camper van, he started doing stand-up routines and eventually landed a gig in the sitcom The Duck Factory. He first gained recognition in 1990 when he became one of the casts in the sketch comedy ‘In Living Colors.’ He later moved on to movies and became one of the highest paid comedians in America.

17. Sheldon Adelson

The son of a Lithuanian immigrant taxi driver, his mother ran a knitting store from their home. He grew up in a tenement where he shared a bedroom with his parents and three siblings, started selling newspapers at the age of 12, and started his candy-vending machine business at the age of 16. Though he tried his hand at various enterprises from packing hotel toiletries to mortgage brokering his biggest break came from developing a computer trade show. He purchased the Sands Hotel & Casino and later the mega-resort, The Venetian, from the profits of his ventures pegging his net worth today at $21.8 billion.

16. Kirk Kerkorian

The Armenian-born Kirk Kerkorian grew up at the time of the Great Depression, where he learned English on the street and dropped out of 8th grade to become an amateur boxer. He became a daredevil pilot for the Royal Air Force during WW II and delivered supplies over the Atlantic flying some of the most perilous routes. After quitting gambling in 1947, he bought some charter planes and also engaged in real estate in Las Vegas in 1962. He became the “father of the mega-resort” when he bought The Flamingo and built the stalwarts of the Las Vegas scene, The International and MGM Grand, which made him worth a few billion dollars.

15. John D. Rockefeller

One of six children born in Richford, New York, Rockefeller might have inherited his good business sense from his father, a traveling salesman who used all the tricks to get out of decent hard work and taught his son to always get the best deal in all things. His mom struggled to raise them and though they moved a number of times, he was able to finish school and get his first job as a bookkeeper where he earned $50 in three months. He decided to put up a firm and built an oil refinery with his friend Maurice B. Clark in 1859. He later bought out the Clark brothers’ refinery firm and renamed it Rockefeller & Andrews. He also founded the Standard Oil Company to become the world’s first billionaire and the richest person in history.

14. Leonardo Del Vecchio

Del Vecchio was sent to an orphanage when his widowed mother could not support all five of her children. He worked in a factory that made molds for auto parts and eyeglass frames where he lost part of his finger during an accident. He opened his first molding shop called Luxottica at the age of 23 which expanded to be the world’s largest maker of sunglasses and prescription eyeglasses. Luxottica, the known maker of Ray-Ban and Oakley eyewear, also owns 6,000 Sunglass Hut and Lenscrafters retail shops. The second richest man in Italy is now worth $11.5 billion.

13. Li Ka-shing

Born to a family that fled mainland China for Hong Kong in 1940, his father died of tuberculosis which made him quit school at the age of 15 to support his family by working for 16 hours in a factory that made plastics and plastic flowers for US export. He founded Cheung Kong Industries in 1950, which manufactured plastics at first but later on ventured into real estate. The 9th richest person in the world has ownership in a number of multi-range companies from cellular phones, banking, satellite television, steel industries, and shipping.

12. Howard Schultz

Howard Schultz came from a poor family living in the Canarsie Bayview Houses, a housing project in Brooklyn, New York, which made him want to have a lifestyle beyond what his truck-driver father can provide. As he saw escape in sport, he became a football scholar at the University of North Michigan where he graduated with a degree in communication, the first in his family to do so. While working for Xerox, he discovered a small coffee shop called Starbucks and became captivated by it. He left Xerox and became the first CEO of Starbucks in 1987, which he expanded from its first 60 shops to over 16,000 outlets worldwide, giving him a net worth of $1.5 billion.

11. Ursula Burns

Ursula Burns grew up in a housing project in Manhattan’s Lower East Side, a hub for gangs. She was raised by her Panamanian-immigrant single mother who ran a daycare center at her home and ironed shirts for a fee so that she could send Ursula to Cathedral High School. She earned her Mechanical Engineering degree at NYU and became an intern at Xerox. Ursula Burns became the first African-American woman to ever lead a Fortune 500 Company and the 14th most powerful woman in the world.

10. John Paul DeJoria

Before John Paul Mitchell Systems became a success, its founder, John Paul DeJoria had a rough life. After his parents divorced when he was just 2 years old, he sold newspapers and Christmas cards to help his family until the age of 10 when he was sent to live in a foster home. An LA gang member before he joined the military, he was also employed by Redken Laboratories. He loaned $700 and founded JPM Systems to sell his company’s shampoo door-to-door while living out of his car. Today JPM Systems’ annual profit is nearly $900 million.

9. Guy Laliberte

Before Cirque du Soleil came to life, its founder, Canadian-born Laliberte started his acts in circus as a fire-eater that walks on stilts. His venture paid off when he brought his successful troupe in 1987 from Quebec to the Los Angeles Arts Festival with no guarantee of a return fare for the cast. He now commands a total net worth of $2.5 billion.

8. Do Won Chang

Do Won Chang had to work three jobs as a janitor, gas station employee, and coffee shop attendant to support his family when they moved from Korea to America in 1981. After three years of thrift-spending, he was able to open his first retail store Fashion 21, which grew to be the retail clothing giant Forever 21, a pioneer in fast fashion. The multinational clothing empire with over 480 outlets worldwide generates an annual income of $3 billion.

7. George Soros

After surviving the Nazi occupation of Hungary in 1947, George Soros escaped the country to stay with his relatives in London. He supported his studies by working as a waiter and railway porter and then sold goods at a souvenir shop after graduating. He also wrote every merchant bank in England until he gained an entry-level job at Singer & Friedlander. He became “the man who broke the bank of England” due to his famous bet against the British pound in 1992, where he earned more than a billion dollars in profit in one plunge in the Black Wednesday UK currency crisis.

6. Zdenek Bakala

With just a $50 bill wrapped in plastic and hidden in a sandwich, Zdenek Bakala fled communist Czechoslovakia in 1980 when he was 19 years old and made it to Lake Tahoe. He worked as a dishwasher at Harrah’s Casino while studying for his undergraduate degree from UC Berkeley and an MBA from Dartmouth. He later on ventured in banking, opened his first company Credit Suisse First Boston in Prague after the fall of the Berlin Wall and presided over a coal company that has a $2.52 billion market.

5. Harold Simmons

Harold Simmons grew up in a shack in the poor rural town of Golden, Texas with no plumbing or electricity. He still managed, however, to graduate with a B.A. and masters in Economics from the University of Texas. His first venture was a series of drugstores which were almost entirely funded with a loan. This became a 100-store chain which he sold to Eckerd for $50 million. He became famous as a master of the corporate buyout and currently owns 6 companies that trade on the NYSE including the world’s largest producer of titanium, Titanium Metals Corporation.

4. Richard Desmond

Richard Desmond was raised by a single mother living on top of a garage. He quit school at the age of 14 to focus on being a drummer while working as a coat-checker to help pay bills. Though he never became famous for his musical abilities, he later opened his own record store and published his first magazine, “International Musician and Recording World” and expanded the Desmond magazine empire with publications such as the British version of Penthouse and OK!. He now owns a number of publications around the world and was listed on the 2011 Sunday Times Rich List with a net worth of £950 million.

3. Harry Wayne Huizenga

Harry Wayne Huizenga was born in Chicago, Illinois to an abusive father. His family moved to Florida to save his parents marriage but his father never changed. He moved back to Chicago to go to college but soon dropped out and then signed up to be a reserve in the Army. He went back to Florida after his training and bought his first dump truck to start a trash disposal business. This venture became highly profitable so he purchased more garbage trucks and later built his company, the Waste Management Inc, which became well-known all over the US. He also purchased Blockbuster stores, which later merged with Viacom. He is credited for founding three Fortune 500 companies.

2. Richard Branson

Born to a family of lawyers in Blackheath, London, he had poor academic performance due to his dyslexia. Therefore, he focused more on his business which included growing Christmas trees and raising parakeets. He later started his own record mail-order business at the age of 16. In 1972, he established the record store Virgin Records, which prospered in the 1980s with a number of outlets. He also created Virgin Atlantic Airwaves, which expanded Virgin Records into a music label, making him the 245th richest person in the world today.

1. Roman Abramovich

An orphan at the age of four, this Russian business tycoon was raised by his uncle and grandmother. He got his first break from an expensive wedding gift given by his in-laws. He dropped out of college to pursue his business, which included selling imported plastic ducks from his Moscow apartment. He then ventured into managing the oil giant Sibneft after taking it over in 1995. He continued to flip his investments with profitable ventures such as Russian Aluminum and the steelmaker Evraz Group. He is now the 5th richest person in Russia and owns the $1.5 billion yacht ‘Eclipse,’ the largest private yacht docked in New York City and the Chelsea Football Club, among others.

Read more: http://list25.com/25-inspirational-rags-riches-stories/

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10 Refreshing Stories Of Rich People Who Gave Their Fortunes Away http://realestateqia.com/10-refreshing-stories-of-rich-people-who-gave-their-fortunes-away/ Sun, 04 Jun 2017 01:33:54 +0000 http://listverse.com/2013/12/24/10-refreshing-stories-rich-people-who-gave-their-fortunes-away/ It’s admirable that there are rich people out there who choose to share their blessings with the poor folk. While tycoons like Bill Gates and Warren Buffet are well known for their charitable giving, there are plenty of other dedicated philanthropists out there who decided to give their entire wealth away during their lifetime. This […]

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It’s admirable that there are rich people out there who choose to share their blessings with the poor folk. While tycoons like Bill Gates and Warren Buffet are well known for their charitable giving, there are plenty of other dedicated philanthropists out there who decided to give their entire wealth away during their lifetime. This list shows those people who just couldn’t wait after their deaths to part with their money, and for that, they deserve a big round of applause.

10 From Mansion To Mud Hut

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Jon Pedley lived the life of a swinging millionaire until an alcohol-fueled car accident in 2002 left him comatose and on the verge of death. Miraculously, he survived, and soon experienced a profound change of heart. The UK millionaire—who indulged in alcohol, womanizing, and other vices—later found God and was inspired by the charity work of his friend in Uganda.

He decided to emulate his friend, and literally gave it all away in 2010 as he sold his $1.5 million farmhouse and businesses. Pedley then used the proceeds to move to a mud hut in Uganda and start a charity for local orphans. The charity wasn’t only for the local children, either—British children with a troubled past were also sent there to help the locals and ultimately help themselves. For Pedley, it was a cathartic release from his once-decadent lifestyle—he remarked that “I’ve never been more sure about anything in my life” when asked if he really wanted to go through with it.

9 The World’s Luckiest Man

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An 81-year-old Croatian music teacher named Frano Selak led what was arguably one of the most charmed lives ever. He escaped death seven times—including falling from a plane to car and train accidents—before winning nearly $1 million in a raffle draw. However, Selak felt that money wasn’t the path to true happiness, so in 2010, he decided to part with his newfound wealth.

He sold the upscale house on a private island he bought and gave it, along with the rest of his winnings, to his friends and family. He then moved back to his original home in Petrinja, where he has vowed to live a simpler life. He used his remaining money to construct a memorial to the Virgin Mary as a token of gratitude for his incredibly good luck. In addition, Selak set aside just enough money for a hip operation so he could spend more time with his wife.

8 The Millionaire Columnist

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Percy Ross, who died in 2001, was the son of a junk dealer in Minnesota and lived a rather hard-knock life. In his adult years, he lost money just as easily as he made it while doing odd jobs. He finally hit it big when he bought and saved a plastic bag company from going bankrupt. By 1977, Ross had gone into the business of giving when he donated more than a thousand bikes to children at a Christmas Party. The following year, he doled out nearly $20,000 to onlookers at a local parade.

However, Ross wanted to reach a wider audience, so in 1983, he started a newspaper column. Titled “Thanks A Million,” the column—which ran in 800 newspapers for 16 years—was a massive success and saw thousands of people who write and ask Ross for money. Oftentimes, Ross gleefully handed money and checks in person to those he felt needed help, but he did not hesitate to turn down requests from people whom he thought had the means to get the money for themselves.

Ross did his last column in 1999 and stated that he had given out $30 million—all of his money. While Ross expressed no remorse for his style of philanthropy, he thanked his readers for the true happiness he experienced while he shared his fortune. It’s easy to dismiss Ross as nothing more than a publicity-hog, but he really did enjoy sharing his wealth among the less fortunate.

7 Chinese Billionaire Left Nothing To His Sons

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Real estate and hotel tycoon Yu Panglin announced in 2010 that he had donated his remaining $470 million to his charity foundation, which became worth $1.2 billion. Yu stated that he did not want to leave anything to his two sons and encouraged his wealthy compatriots to do the same. To avoid abuse, Yu designated HSBC to look after the funds and gave explicit instructions no one could invest or inherit it.

Yu later explained his philanthropic views stemmed from his childhood experiences. He grew up in poverty and witnessed the hardships the poor have had to endure in life. He also explained that he left nothing to his two sons because all that money might corrupt them and expressed his belief that could they handle themselves without it. Such generosity has placed him consistently as China’s top philanthropist for several years in a row.

6 The Low-Key Billionaire Philanthropist

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Most people have heard of the generosity of the likes of Warren Buffett and Bill Gates, as mentioned earlier, only a few may have heard of Chuck Feeney. That is because the Irish-American billionaire has always insisted on doing philanthropy as discreetly as he can. For the past 30 years, Feeney has secretly given as much as $6.2 billion from his vast financial empire to charities and causes worldwide.

It is estimated that the $1.3 billion he has left will be used up by 2016, with his foundation closing by 2020. Feeney, who made his vast fortune in duty-free shops, made no secret of his desire to be penniless before he dies. He hopes that his example will serve as a guide to his fellow wealthy philanthropists not to wait before their deaths before sharing their wealth. In fact, Feeney’s life served to inspire both Gates and Buffett to start their own foundations.

5 The Russian Businessman-Turned-Monk

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Yevgeny Pushenko had a good thing going for him back in the 1990s. The Soviet Union had just broken up and people were free to pursue their dreams. For Pushenko, that freedom enabled him to construct a clothing factory in his hometown of Vladivostok. Soon, business was booming and he had 50 factory workers at one point. However, Pushenko felt empty. Until then, he had not really practiced his faith as an Orthodox Christian, which was suppressed for so long by the authorities.

It wouldn’t be long before he met his friends over vodka (of course) and handed them the keys to his factory. His shocked friends found out the reason from his parents the next day: He wanted to be a monk and do a pilgrimage to Jerusalem. For three years, Pushenko walked 15,000 kilometers (9,320 mi) through several countries until he finally reached his destination. Pushenko endured many trials during his journey, from battling extreme weather to fending off suspicious authorities, but remarked that his faith kept him going. After he had finished his pilgrimage, Pushenko renamed himself Athanassios and retired to Mt. Athos in Greece, where he has since resided at a monastery.

4 The Millionaire Who Fights Cancer With Charity

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Although he had been already involved in various charities for a long time, it was the sight of his own wife suffering breast cancer that moved British businessman Brian Burnie to do something more. He did just that in 2009 when he sold his $26 million estate containing his home and luxurious hotel to fund his own charity, which involved accompanying and transporting cancer patients for free from their homes to the hospitals. Burnie explained that he wanted to help lessen the suffering that cancer patients often had to go through and hoped that his act would inspire other wealthy people to do the same.

That wasn’t the last of Burnie’s generosity. In 2012, he also sold his second house, which was worth nearly $1 million, where he and his wife had been residing in after he sold the estate. He then gave all the proceeds to fund his ever-growing charity and has been living frugally ever since.

3 Film Director Exchanges Hollywood Lifestyle For Simpler One

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Although he lived the Hollywood lifestyle befitting the rich and famous, deep down inside, Tom Shadyac wasn’t happy. The director of hit films such as Ace Ventura: Pet Detective and The Nutty Professor felt empty amid the fame and fortune he had acquired over the years. That feeling of emptiness was only aggravated when a serious cycling accident in 2007 left him reeling and pondering about his own mortality.

As he revealed in an interview with Oprah, Shadyac discovered that the way to live a truly happy life was to live within your means and share your extras with the less fortunate. For Shadyac, that meant trading his mansions and jets for a mobile home and a bike and sharing his wealth and philosophy with the rest of the world. He remarked this year that his simple way of living has left him feeling truly happier and wealthier than when he lived in the fast lane in Hollywood.

2 The Texas Tycoon Who Died In A Small Room

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George Carroll was born in 1855 and grew up in Louisiana, but transferred with his family to Beaumont, Texas, where his father started a chain of lumber companies in 1868. Carroll worked for his father and managed to become the head of the family business. In 1892, he invested in a successful oil-drilling company which made soon made him extremely rich.

However, Carroll realized the oil boom also influenced the townspeople toward a life of excess and vice. Consequently, he unsuccessfully ran for political office several times to combat town’s growing decadence. A practicing Baptist, Carroll frequently made huge donations to the local Baptist church and university. He also founded the local YMCA and became its head and benefactor. It is speculated that Carroll gave away his entire wealth while he was alive, later dying at the age of 80 in a small room inside the very YMCA building he financed.

1 Millionaire Gives Money . . . And Kidney

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Zell Kravinsky knew he wasn’t cut out for the wealthy way of living. Sure, he had made millions investing in real estate in his native Pennsylvania, but Kravinsky decided his dollars had a grander purpose than just fattening his bank account. In 2001, he began donating money and land to various charities until his contributions reached $45 million dollars. By then, his family and friends thought that he was being too impulsive, but Kravinsky brushed their reservations aside and said that he could always earn more money—though he’d likely give it away as well.

However, Kravinsky still felt that donating money and land wasn’t enough. He decided up the ante and gave his kidney to a total stranger. His move was met with mixed views, ranging from praise to disbelief. Even his wife threatened to leave him, although that was later defused thanks to famous singer Pat Boone, who knew what Kravinsky did and urged her to forgive him for being too generous. As for Kravinsky, he said that he would readily give any of his body parts again for any who needed it.

Read more: http://listverse.com/2013/12/24/10-refreshing-stories-rich-people-who-gave-their-fortunes-away/

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One Incredible Entrepreneur Saved This Struggling Neighborhood By Replacing Everyone In It With Affluent Twentysomethings http://realestateqia.com/one-incredible-entrepreneur-saved-this-struggling-neighborhood-by-replacing-everyone-in-it-with-affluent-twentysomethings/ Fri, 02 Jun 2017 01:29:51 +0000 http://www.clickhole.com/article/one-incredible-entrepreneur-saved-struggling-neigh-746 Just one year ago, East Shellwood was one of the poorest neighborhoods in America. Its public schools were buckling under budget cuts and the crime rate was steadily increasing, while property values had hit an all-time low. Today, all of that has changed. East Shellwood is thriving, and shows no signs of slowing down. So […]

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Just one year ago, East Shellwood was one of the poorest neighborhoods in America. Its public schools were buckling under budget cuts and the crime rate was steadily increasing, while property values had hit an all-time low.

Today, all of that has changed. East Shellwood is thriving, and shows no signs of slowing down. So what happened?

It all started when a community-minded entrepreneur by the name of Jackson Klemmer had the innovative idea to replace every single one of the area’s longtime residents with affluent twentysomethings. The rest, as they say, is history.

“I knew if we could just find some way to increase the cost of living so that poorer residents had no choice but to move out, we could completely revitalize the neighborhood by filling it with predominantly white twentysomethings,” said Klemmer, a real estate investor and community activist. “People said East Shellwood was a lost cause. But I never stopped believing in this place and the people who could potentially live here once we got rid of all the poor people.”

Klemmer’s plan started with making small but powerful changes to the urban landscape. Putting an overpriced clothing outlet here. A Starbucks there. Small seeds of progress that, over time, would drive the rent up and longtime residents out, paving the way for an influx of young bohemians from affluent backgrounds.

“We went door to door, asking people if they were struggling financially,” said Klemmer. “Then if they said yes, we encouraged their landlords to raise the rent when their lease ended, forcing them out, and making room for wealthier tenants who would be attracted to the area’s cool, urban vibe.”

“I don’t think we could’ve expected the overwhelmingly positive response from the community’s opportunistic property owners,” he added. ”An outpouring of thanks and evictions. People wanting to get involved. It was really amazing.”

The result of his philanthropic efforts is the miracle of East Shellwood today: a beautiful urban enclave of upper-middle-class privilege where there was once a culturally diverse and economically unprofitable community.

“It’s amazing what you can do when you get a community to come together and vacate their homes so that young, rich people can live there instead,” said Klemmer. “You can change the world.”

Read more: http://www.clickhole.com/article/one-incredible-entrepreneur-saved-struggling-neigh-746

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5 Tax Saving Tips for Real Estate Investors http://realestateqia.com/5-tax-saving-tips-for-real-estate-investors/ Thu, 01 Jun 2017 12:47:44 +0000 http://realestateqia.com/?p=9774 Here are 5 tax saving tips every real estate investor should know.

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Here are 5 tax saving tips every real estate investor should know.

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Anonymous Twitter Account @HiddenCash Is Hiding Envelopes Stuffed With Money Around California http://realestateqia.com/anonymous-twitter-account-hiddencash-is-hiding-envelopes-stuffed-with-money-around-california/ Mon, 29 May 2017 01:30:15 +0000 http://buzzfeed.com/mbvd/anonymous-benefactor-is-hiding-money-around-california Someone has been hiding cash around the Bay Area and sending clues through Twitter on where to find it. On Wednesday night, the account, @HiddenCash, made its first drop in Los Angeles. 1. UPDATED — May 29, 2:10 a.m. ET: 2. On Twitter, @HiddenCash describes itself as “an anonymous social experiment for good.” Atticus Grey […]

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Someone has been hiding cash around the Bay Area and sending clues through Twitter on where to find it. On Wednesday night, the account, @HiddenCash, made its first drop in Los Angeles.

1. UPDATED — May 29, 2:10 a.m. ET:

2. On Twitter, @HiddenCash describes itself as “an anonymous social experiment for good.”

Atticus Grey @_Atticus

@HiddenCash Next happy hour round is on me, thanks @HiddenCash!

4. To locate money hidden across the region, @HiddenCash has been sending out clues, which usually include a photo hint.

Janelle Wang @janellewang

Latest drop by @hiddencash … in the @nbcbayarea parking lot! Crazy fun!

6. Money has been found throughout San Francisco: inside a record album in Amoeba Records, taped onto parking meters, attached to a bulldozer…

Random Mysticks @RandomMysticks

@HiddenCash this was great. Amoeba records in a We are the world vinyl!!

7. And even at the beach.

Tokatz @juxedposition

Thanks @HiddenCash

9. Alex from San Jose found $130. He looks pretty stoked about it too:

Hidden Cash @HiddenCash

You'll find white swans here; and, if you're lucky, a white envelope. (Too easy???)

11. The man behind the account said in a phone interview with KTVU that he made his money in San Francisco real estate. “The last real estate deal I did I made about half a million dollars. I can afford to give a lot,” he said.

Hidden Cash @HiddenCash

New SF drop: find Mr. Franklin along the “crookedest street” (towards the bottom). Retweet when you find.

15. He said his treasure hunts are for fun and are meant to “put a smile on someone’s face.”

Matthew Burkert @mattypatty513

@HiddenCash YESSSSSS had to race another searcher but I WON. (Old catapillar bulldozer on ocean beach)

17. This guy shared his findings by buying lunch for his co-workers:

Hidden Cash @HiddenCash

Here's a photo of last drop in case you're more visual. Bye for now, San Jose. We'll be back! Next stop: Los Angeles

19. This lucky lady found some of the cash in San Jose:

Hidden Cash @HiddenCash

More San Jose drops coming!

21. The anonymous benefactor also said in an interview with CNN that he plans to continue his project indefinitely and is hoping to expand…

Hidden Cash @HiddenCash

Thx for all the ❤@HiddenCash is going nationwide! Let your friends around the country know 2 follow 4 clues & . Next wknd: LA

22. Wednesday night, @HiddenCash tweeted that it was about to make its first drop in L.A.

Read more: http://buzzfeed.com/mbvd/anonymous-benefactor-is-hiding-money-around-california

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