Tag Archives: RE

Oracle CEO buys Hawaiian Island

Billionaire Larry Ellison, the 3rd richest American according to Forbes, has purchased Lanai which is the 6th largest Hawaiian island.

At $500,000,000 it was quite a steal considering it breaks down to a tiny 0.13 cents a square foot. A great 500 million USD investment by the Oracle CEO.

Lanai is a destination of untouched tranquility, relaxation and tranquility. A golfers paradise, no distraction or hustle and bustle like Oahu.

This romantic island is a true getaway, though they also have a Four Seasons five star hotel.

The rich get richer. Congratulations, Mr. Ellison on obtaining Hawaii’s most enticing island. Well played sir and Aloha.

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$16 House Adverse Possession

Kenneth Robinson has left the $300,000 home in Flower Mound, Texas that he had lived in the past 7 months for $16, after a Texas judge ruled Monday in favor of the current lienholder Bank of America.

After the owner abandoned the foreclosure property and the original mortgage company went out of business, Robinson shrewdly submitted a $16 filing fee at the local courthouse eight months ago.

The law of “adverse possession” gave Kenneth Robinson the right to occupy the home he did not own or pay rent for.

He even wrote an eBook and created a website named 16dollarhouse.com in which he claimed he had the right to live in a $300,000 home by way of adverse possession.

“ I am successful because I can see it no other way.”  –  Kenneth Robinson

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