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7 Reasons Why Long Distance Investing Isn't As Risky As You Think

Let me ask if this sounds familiar. Your market is expensive. Finding cash flowing rental property is very difficult, if not impossible. Your competition is paying way more for the property than you would ever think makes sense, and you feel like you may be in another bubble.

Uber Cofounder Breaks Property Records In Beverly Hills For $72 Million

The celebrity-filled neighborhood of Trousdale Estates in Beverly Hills has a new record-breaker on the books, as Variety has reported. Uber co-founder, Garrett Camp (whom Forbes estimates has a net worth of $4.1 billion), and his partner, Eliza Nguyen, purchased a $72 million newly-built house not far away from the neighborhood's former record holder, Minecraft creator and billionaire Markus Persson, who purchased a $70 million home in 2014.

Former Broadway Producer Terry Allen Kramer's Estate Sells For Record-Breaking $105 Million In Palm Beach

There has already been one sale topping $100 million in California this week and now there's another one to report on the other side of the country. La Follia, a 37,500-square-foot building on Palm Beach's Intracoastal Waterway just closed for a $105 million, according to property deeds cited by The Palm Beach Post.
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