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Category Archives: Real Estate Investing

Most Expensive Houses of US Billionaires

Large houses and lavish homes usually define rich people. But if you’re one of the few ultra-rich, how should your home look like and how much would it cost? To know the answer, let’s look at the residences of seven American billionaires whose houses are

Your house: an asset or a liability?

There’s an interesting discussion going on in the PMT Forum, about one’s residence and whether it is an asset or a liability. By definition, an asset is anything that can directly or indirectly contribute future cash flows. A liability, on the other hand, is anything

Declining home prices in the US

Americans are really beginning to feel the effects of theĀ subprime mortgage problem. A news article from CNN Money reported that home prices in the US dropped 7.7% in the first quarter of 2008 compared to the same period last year. Americans are really beginning to

Impact of Dinna Revilla’s arrest on foreclosed property business

The “renowned guru” of foreclosed property investing in the Philippines, Dinna Revilla, has been arrested. Her supposed fraudulent schemes were even featured last week on GMA7’s Imbestigador. The arrest was based on estafa complaints by her investors, after Dinna allegedly continued collecting funds although her

Foreclosed property investor Dinna Revilla arrested?

The latest news in the Philippine real estate investing industry is that Dinna Revilla, a renowned “guru” of foreclosed property investing in the country, was arrested yesterday due to accusations of estafa. Revilla, author of the foreclosed property investing book Riches in Foreclosures and mentor