Rich Kids Real Estate Blog

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Let’s Check in With Suze Orman - Ranking Your Debt Payoff to Increase FICO/Home Loan Eligibility

February 8, 2010 – 1:58 pm

For all the rich kids out there who are avid readers of my blog, you know that I am obsessed with Suze Orman. Maybe it’s her highlighted wedge cut, those oh so stylish “jackets” that she wears each week, or maybe it’s the satisfied feeling I get when she shrilly shouts “DENIED” to someone who [...]

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Rich Kids In Escrow - Living La Vida LACMA - 8th St - Listed: $649,000

February 7, 2010 – 6:10 pm

If you ask any real estate agent, they will tell you that you literally learn something new from every escrow that you close. In this case, I have learned about an amazing little pocket of properties just south of Wilshire and just east of Fairfax. I had driven through the area many times and thought it to be quite nice, [...]

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A Gay Institution From the 90’s Has Been Resurrected - Cobalt Returns for More Happy Hour Delight

February 5, 2010 – 2:21 pm

For all you rich kids, bears, twinks, leather daddies, dominants, submissives, masc jock bros (I hate when people advertise themselves as such in their online profiles), otters, trannies on rollerskates, lesbian nuns, owls, and gals that love gays  - Cobalt is back!!!  Back in the  90’s, Cobalt was the place to be on Friday nights in Silverlake. No [...]

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Rich Kids Just Sold/For Lease - Alta Loma/Sunset Strip - $420,000/For Lease $2300

January 28, 2010 – 8:29 pm

Park Wellington has always been a favorite building of mine for both investors and first time buyers alike. You can get a well priced unit in a full service building that includes: 24 hour security/front desk concierge, a huge swimming pool w/ cabanas and large spa, tennis court, and full fitness center surrounded by tropical [...]

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Bow Chick A Bow Bow - Real Estate Porn - Holmby Hills - 4br/5.5ba - $18,900,000

January 23, 2010 – 6:18 pm

After making you sit through my mold lecture on Thursday, I promised you a little fantasy property action. There is actually a fairly amusing story to this listing. I was sitting with a friend of mine in the sauna at the gym (get your mind out of the gutter, it was nothing like that) and [...]

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Let’s Talk About Mold, Baby…Since It’s Cold and Rainy!

January 21, 2010 – 2:51 pm

Rich kids new to LA - when it rains here, it’s not like your average run of the mill rain you get back east or in the Midwest. A week of substantial rain in Los Angeles is equal to a blizzard or other severe inclimate weather elsewhere. The city (and people for that matter) are [...]

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Hot Prop of the Day - Beachwood Canyon Area - 2br/3ba - Pool - $849,000

January 20, 2010 – 4:40 pm

It’s pretty rare to find a home in LA that has been updated (or mostly updated), done well, and has a pool for under 1 million that is actually in an area that you’d want to live. When I saw this house hit the market, my first question was, “what’s wrong with it.” It turns out [...]

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A Day at Metropol - Today - 10am-4pm - Yoga, Level 1 - From 2pm-3pm

January 17, 2010 – 3:16 pm

Since our price reduction in mid December, Metropol has really taken off. With seven units officially in escrow within a 3 week period and a few other units in negotiations, I think we have found the perfect pricing for an exceptional project.
As I had mentioned in postings past, the ethos of Metropol is health, wellness, and [...]

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Hot Prop of the Day - Beverly Hills PO - 3br/3ba - $1,449,000

January 16, 2010 – 3:45 pm

Today’s Hot Prop has a bit of sentimental value to it. When I was a young, naive agent years back, one of the first things I learned in old school real estate 101 class is something called “door knocking”. Basically door knocking is just as horrific as it sounds; walking from house to house, knocking on doors, and asking [...]

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The Law of Real Estate Averages - The Hills, WeHo, Beverly Hills

January 15, 2010 – 2:00 pm

It was once quoted by Mena Suvari (what ever happened to her) in ‘American Beauty’ that “there is nothing worse than being average”. I guess that all depends on what one’s baseline for average is. In this case, let’s talk about the averages we’ve seen in real estate over the last six weeks or so. December and [...]

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