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Commercial real estate has beaten the stock market for 25 years — but only the super rich could buy in. Here's how even ordinary investors can become the landlord of Walmart, Whole Foods or Kroger
Equity stripping or equity skimming is a variation on lease-buyback and is one of the most common types of foreclosure rescue schemes. [4] In it, the perpetrator assumes ownership of the house while allowing the former owner to continue living there, provided that s/he pay rent to the perpetrator, who is the new owner.
Perec "Peter" Rachman (16 August 1919 – 29 November 1962) was a Polish-born landlord who operated in Notting Hill, London, England, in the 1950s and early 1960s.He became notorious for his exploitation of his tenants, with the word "Rachmanism" entering the Oxford English Dictionary as a synonym for the exploitation and intimidation of tenants.
Gilded Age mansions were lavish houses built between 1870 and the early 20th century by some of the richest people in the United States. These estates were raised by the nation's industrial, financial and commercial elite, who amassed great fortunes in era of expansion of the tobacco, railroad, steel, and oil industries coinciding with a lack ...
Charlie Munger, who passed away this week at age 99, could have afforded a mega-mansion—or several of them. Instead, the billionaire investor stayed put in the same relatively modest home in Los ...
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Lapre then began selling a 36-page booklet explaining how to recover a Federal Housing Administration insurance refund after paying off a home mortgage. He also began offering "900" phone lines. On TV infomercials in the early–mid 1990s, he claimed that by placing "tiny classified ads" in newspapers he was "able to make $50,000 a week from ...
Authorities are investigating embezzlement, but it is unclear if they have opened a human trafficking case.