 |
| English: Taylor Swift at the 2010 Time 100. (Photo credit: Wikipedia) |
Financial IQ Philippines Quick Hit(s):
Profit can be made from flipping properties as well, such as Taylor Swift who pocketed US $1M for a property she purchased just a year ago. :)
Something positive has come out after all from Taylor Swift’s brief romance with Conor Kennedy.
The “I Knew You Were Trouble” singer has reportedly made a $1 million profit on the Hyannis Port, Massachusetts, estate she bought last summer when she was dating the high school senior.
In the April issue of Vanity Fair, a source close to Swift reveals that she recently sold the seven-bedroom home, which she bought in August, just two months before she and Kennedy split. "It was like a house-flip," the insider told the magazine. "A good short-term investment."
That would be an understatement. Swift, 23, sold the Cape Cod-style home – which is right next door to the compound belonging to her ex’s grandmother, Ethel – two weeks ago for $5,765,000 … nearly $1 million more than she paid for it, realtor Bob Kinlin confirmed to E! Online. The new owners are a couple who had been previously interested in it.
Although it appears Swift never actually lived in the home, her “entourage” made some improvements, including renovating the kitchen and some bathrooms, and replacing the septic system, says Kinlin, who sold the property to the singer for $4.8 million last summer.
http://omg.yahoo.com/blogs/celeb-news/taylor-swift-reportedly-makes-1m-flipping-hyannis-port-173326187.html
No comments:
Post a Comment