Nouveau Riche (real Estate Investment College)
Nouveau Riche was a multi-level marketing company and a non-accredited vocational school specializing in real estate investing. Class topics ranged from introductory real estate investing to advanced techniques such as creative real estate investing techniques including wholesaling, multi-units, and short sales; examples of course titles are "Fix & Flip" and "Creative Financing."
The company takes its name from the French term nouveau riche, which refers to those with "new money", or who created wealth within their own generation as opposed to inheriting a family fortune ("old money").
Nouveau Riche University closed down on December 31, 2010.
Read more about Nouveau Riche (real Estate Investment College): The School, History, Controversy, Arizona Corporations Commission Fine, Notable Alumni
Famous quotes containing the words nouveau, riche, estate and/or investment:
“The terrifying and edible beauty of Art Nouveau architecture.”
—Salvador Dali (1904–1989)
“Somme seyde, wommen loven best richesse,
Somme seyde, honour, somme seyde, jolynesse;
Somme, riche array, somme seyden, lust abedde,
And ofte tyme to be widwe and wedde.”
—Geoffrey Chaucer (1340?–1400)
“Not a flock of wild geese cackles over our town, but it to some extent unsettles the value of real estate here, and, if I were a broker, I should probably take that disturbance into account.”
—Henry David Thoreau (1817–1862)
“The only thing that was dispensed free to the old New Bedford whalemen was a Bible. A well-known owner of one of that city’s whaling fleets once described the Bible as the best cheap investment a shipowner could make.”
—For the State of Massachusetts, U.S. public relief program (1935-1943)