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Real Estate
Reply to "Where would you move with a budget of around 5 million?"
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[quote=Anonymous][quote=Anonymous]If I had $5MM: My primary house would be one of the largest houses in Leesburg/Frederick. Better to be a huge fish in a small pond that one of many sharks in the tank. I'd have a maid and a nanny there. I'd have a farm out in western Frederick/Loudoun that could double as a mountain retreat. There'd be a couple of outside staff there of course. I'd have a nice condo or small TH in DC, so I could stay there when needed. I might have a half staffer here, split between here and my primary house. I'd have a beach house in Rehoboth. Staff would simply travel with me. I'd manufacture some ancestral holdings of hundreds, if not thousands, of acres in West Virginia that could be tenanted. I'd only show up there once a year or so, though. I think I've got all my bases covered here -- I'd spend maybe $750k on the DC and Rehoboth places, and $1.25MM on my ancestral and primary places. [/quote] I think you are vastly overestimating what $5M would buy. [/quote]
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