Brad Pitt Puts Malibu Home Up For Sale

Posts Tagged ‘Real Estate’

Brad Pitt Puts Malibu Home Up For Sale

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Actor Brad Pitt has listed his sprawling beach house in Malibu, Calif., for $13.75 million, according to Realtor.com.

The Academy Award nominated actor bought the home for $8.4 million in 2005 just after breaking up with his wife
Jennifer Aniston.

Located between the Pacific Ocean and the Point Mugu State Park, the gated mid-century modern home features four bedrooms and four bathrooms and 4,088 square feet of space. Pitt attempted to sell the property back in 2009 for $18 million, according to RadarOnline.

Check out Brad Pitt’s house for sale here.

Cruising on Easy Street

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Author: The Money Coach

I know some of you may be thinking: “I don’t even have to be a millionaire. I’d settle for just being on Easy Street.” You know what Easy Street is, I assume. It’s not in the land of make-believe. Easy Street, after all, is the place where we all long to be. It’s just that we might have different names for it. Call it what you like: being “well off,” enjoying “a comfortable retirement,” or just “having enough money.” For each of us, Easy Street represents that financial signpost where we can finally breathe a sigh of relief and shed all the past worries and insecurities about the things we couldn’t have, couldn’t do, or couldn’t experience simply because of a lack of money. For some of you, you’ll know you’ve made it to Easy Street when you reach a financial milestone you’ve been targeting: such as having a million dollars in the bank. But for others, the realization that you’re on Easy Street won’t be because of some financial landmark you’ve hit, but rather because of the way you feel about your financial situation, and what you’re able to do as a result of having made some smart money moves.

For instance, have you longed to start a business but didn’t have the startup capital to get your new venture off the ground? Have you wished you could quit your job, but you remain shackled to it because you need the paycheck? Or maybe you’ve just been hoping for the day when you don’t have to juggle so many bills, and decide which ones to pay and which ones to skip this month. Does any of this sound familiar?

The Millionaire Success Formula

Well, whatever your goals and dreams, rest assured that you can get to your own special Easy Street – and even better, you can achieve millionaire status – if you’ve got the right road map, and if you follow the right path. Actually, there are seven paths – or what I call seven “universal wealth principles” – that will guide you to millionaire territory. Think of these principles as the fundamental steps you must master in order to navigate your way to millionaire’s row. Before I explain how you will do that, let me first summarize these seven steps to long-lasting riches. Together, these make up the “Millionaire Success Formula:”

1) Make a personal prosperity plan.

Develop a millionaire’s budget; written goals; and a financial policy statement
Realize that financial success doesn’t happen by luck

2) Invest first, last and always in your reputation.

Build perfect credit
Understand how having a stellar name is often better than cash in the bank

3) Live like a lender, not a borrower.

Achieve Zero Debt
Decide to collect interest, not pay it, for the rest of your life

4) Leverage the power of property.

Ramp up with real estate
Use hard assets and other people’s money to build riches

5) Increase your fortune with proven methods not shortcuts.

Buy stocks, bonds, and alternative investments when prudent
Avoid fads, scams and Wall Street long-shots

6) Overcome setbacks and minimize risks to your financial health.

Make insurance a top asset
Protect yourself against the Dreaded D’s: downsizing, divorce, disability, disease, and death in the family

7) Never forget the next generation.

Create wills, trusts, personal and business succession plans
Establish a wealth legacy

Excerpt from The Money Coach’s Guide To Your First Million.

Man gets 20 years in federal prison for real-estate scam of deceased and elderly

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Author: The Money Coach

An Arlington man was sentenced Monday to 20 years in federal prison for swindling dozens of people in a scheme to steal real estate from the recently deceased and elderly.

Norris Lynn Fisher, of Arlington, was given the maximum sentence, a prosecutor said. Shackled at the ankles, Fisher, who cost the city of Fort Worth alone more than $250,000 in legal fees and managed to swipe an entire city block from its rightful owner, acquired at least 100 properties in Tarrant County worth about $4 million, a district attorney’s investigator said. Fisher created fake deeds to transfer properties to fictitious owners, so he could later sell the properties to unsuspecting buyers.

How did Lynnette Khalfani-Cox erase $100,000 in debt in 3 years?

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Author: The Money Coach

In my book, Zero Debt, I explain how I got into debt (mainly via overspending), and also what it took to get me out of debt. To pay off my credit card bills, I used the exact same strategies I outlined in my book – getting a budget together, cutting back on frivolous spending (like vacations & dinners out), refinancing my auto loan, negotiating with my creditors for lower interest rates, doubling and tripling up on the minimum payments I was making, and using “windfalls” or “extra” money, like income tax checks and year-end bonuses from my job to pay off debt, etc.

Making Tough Choices

I also made some tough choices, like taking my two older kids out of private school and putting them in a less expensive private school. (They’re actually now in public school, and doing just great). After nearly 3 years of all this, I’d paid off $70,000 in credit card debt. Then in early 2004, my ex-husband and I sold some land we owned and used $30,000 to pay off the last $30,000 of credit card debt we owed.

In your question, you mentioned joining a debt management plan and taking on a second job. I know those were tough steps for you to take. But congratulations for doing so, because they will definitely help you become debt free faster. Lastly, I don’t know if you have a copy of Zero Debt. (The original version came out in late 2004; the updated, second edition of the book came out in 2009). In any event, in Day 25/Chapter 25 of Zero Debt, I also explained three different debt pay-off strategies that you can use to knock out credit card debt. (In my case, I used Strategy #2). Good luck in eliminating those credit card bills!

Ask The Money Coach

Posts Tagged ‘Real Estate’