Vanilla Ice: The Housing Market "Is Better Than Ever"

Been getting your faced ripped off lately? Can't come up with a good idea to save your life? Why not stop what you're doing an doing and start flipping houses? Vanilla Ice has been doing so for the last fifteen years says it's not only really fun but super lucrative as well. Now an expert, he stopped by CNBC today to talk shop and share a little business wisdom. Herewith, Ice's tips for success: * Yesterday is history, tomorrow is a mystery * Take it day by day * Know your markets * Know your locations ("people like places that come with a lot of Feng shui...backyards are important-- that's why I put Tiki huts out there with a lazy river) Vanilla Ice On Fixing Houses [CNBC]
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Been getting your faced ripped off lately? Can't come up with a good idea to save your life? Why not stop what you're doing an doing and start flipping houses? Vanilla Ice has been doing so for the last fifteen years and says it's not only really fun but super lucrative as well. Now an expert, he stopped by CNBC today to talk shop and share a little business wisdom.

Herewith, Ice's tips for success (which can really be applied no matter your situation):

* Yesterday is history, tomorrow is a mystery
* Take it day by day
* Know your markets
* Know your locations ("people like places that come with a lot of Feng shui")
* Backyards are important ("That's why I put Tiki huts out there with a lazy river")

Vanilla Ice On Fixing Houses [CNBC]

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Joe Gregory has been forced to put his Long Island-chic manse on the market. Dick Fuld's been pounding the pavement for months with nothing to show for it.  Bella is still dead. Not a lot to celebrate and yet some people have managed to do pretty okay for themselves despite having spent time at 745 7th Avenue. Erin Callan, as may have heard, is happily married to firefighter Anthony Montella and living in a $3.9 million house in the Hamptons and Evelyn Stevens, who actually worked at another firm before leaving Wall Street but should know that if you so much as set foot in the lobby of the building, you'll be branded a Lehman Brother or Sister for life, just competed in her first Olympics and no longer counts herself among financial services employees who spend their days fantasizing about a life that doesn't so closely resemble hell. The 5-foot-5 (1.7-meter) Stevens said she’s using savings from banking bonuses to “cushion” the blow of lower earnings. She began her career as an investment-banking analyst at Lehman Brothers Inc., leaving in 2007 before the bank collapsed. “I was able to save a lot of my bonuses,” Stevens said. “I don’t have to survive on a $10,000 or $8,000 purse from cycling. If I hadn’t been in investment banking, I wouldn’t have been able to be at the Olympics.” She was 24th in yesterday’s Olympic women’s road race, finishing among a group including teammate Shelley Olds that was 27 seconds behind gold-medal winner Marianne Voss of the Netherlands. There were 66 riders at the start. While there’s a “big discrepancy” from what she once earned, Stevens said her quality of life has improved. After leaving behind a 90-hour working week in banking, she lives in Girona, Spain during the European racing season and Boulder, Colorado. “In New York there’s pressure, and it’s kind of negative, everyone was stressed,” Stevens, dressed in U.S. team tracksuit and lycra three-quarter length pants at the London Olympic Park, said July 27. “I don’t get so much money now but my quality of living has gone up.” Ex-Lehman Banker Parlays Bonuses Into Cycling Berth At Olympics [Bloomberg]

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Eliot Spitzer Is Willing To Suspend Judgment Before Determining Whether Or Not The New York Fed Let Barclays Molest Young Boys

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