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Britney Spears, Paris Hilton and Nicole Richie – Rich Girls and Their Real Estate

Britney Spears | Paris Hilton and Britney Spears, Real Estate | Saturday, 08 March 2008

For investing in Real Estate perhaps there is no better time than the next 18 months to be one with a huge cash flow during rock bottom real estate prices. In Parts I and II and specifically Part II we noted all the real estate holdings of Britney Spears, Paris Hilton and Nicole Richie. After careful in-depth digging of the public record it was amazing to find much more property than most people had believed.

After all, who would expect a young single gal to own so many pieces of real estate, while in the prime of their lives and a list of parties to attend, that is a mile long? Each gal of course owns a private residence, all of which are substantial. Britney Spears, who has a monthly income said to be about $700,000 per month, enjoys spending all of it, without saving, or does she? Owning real estate at the bottom of the market is in a way like money in the bank.

Paris Hilton’s timely purchase of some prime Malibu Beachfront property, is not a bad call either. That neighborhood historically was the last to be hit during downturns in the real estate cycle and generally the first to recover. She may have bought very close to its lowest low – what would you expect from the daughter of a superstar business family with real estate holdings the world over.

We also know that Paris Hilton, although quite controversial is also a hugely successful business woman with royalty income of well over 3 million a year, you may think she is a dumb blonde, but you’d be dead wrong. In fact, Paris Hilton’s on the prowl for prime real estate in this depressed market and something tells me she’ll find exactly those pieces she is looking for. The term ” buy low, sell high” has been a Hilton tradition and this young gal does not seem to be one to break that rule of thumb.

Nicole Richie, is indeed rich, not as rich as the other gals, but she has some nice real estate holdings, even though she is more in the boat with many Americans as to the timing of her purchases. Anyone, who believes Nicole Richie is down and out, reads too many tabloids and believes too much of what they see on TV or read in the Inquirer.

In conclusion, Paris Hilton, is beginning her own real estate fortune and is miles ahead of the other girls in the long-term real estate investment game. She has made some early decisive moves and does not appear to be stopping anytime soon. I hope you have enjoyed this three-part series and comprehensive case study of the three most popular Hollywood Babes and their diverse and most fascinating Real Estate Holdings.

“Lance Winslow” – Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance; http://www.WorldThinkTank.net/. Lance is a guest writer for Our Spokane Magazine in Spokane, Washington

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