Chapter
Turning Obama's House into a Tourist Attraction
21:41 - 24:24 (02:43)
The idea is to buy Obama's house for $13 million, invest another $4-5 million to set it up, and turn it into a tourist attraction or a Vegas alternative for bachelor parties, aiming to make $10 million a year. The house already has a Wikipedia page named after Obama, making this project plausible.
Clips
The National Trust for Historic Preservation is a non-profit that purchases and preserves historical buildings and has been generating over $50 million in revenue for years.
21:41 - 22:45 (01:04)
Summary
The National Trust for Historic Preservation is a non-profit that purchases and preserves historical buildings and has been generating over $50 million in revenue for years. Similarly, investing in historic sports memorabilia like Michael Jordan's rookie jersey could also be a profitable venture for collectors and investors.
ChapterTurning Obama's House into a Tourist Attraction
Episode#158 - Buying Michael Jordan's House (and Making a Profit), Investing in Athletes & Successful Startup-Studios
PodcastMy First Million
The Obama house in the Las Vegas area is now a popular tourist attraction, with people even calling another nearby house the "Obama house."
22:45 - 24:24 (01:39)
Summary
The Obama house in the Las Vegas area is now a popular tourist attraction, with people even calling another nearby house the "Obama house." The house previously sold for $7 million, after the former President had already stayed there.