In her 2006 book All Your Worth, co-authored with her daughter, Amelia, Warren lists as a top myth the idea that “you can make big money buying houses and flipping them quickly.” She has made a career out of telling people how to behave in financially responsible ways, and out of creating laws that will make it illegal for them to do otherwise.
But Warren bought and sold at least five properties for profit at a different time in her life, before the cratering economy and a political career made her a star. Her life story has been the subject of much interest, and her 2014 memoir, A Fighting Chance, chronicled her rise from humble beginnings in small-town Oklahoma and her struggle to make ends meet. It didn’t much mention, though, the early 1990s, years when her children were teenagers and she was once again happily married. These are years when she wasn’t yet the multimillionaire she is today, and, she has said, she was voting Republican.
As a professor of law at the University of Pennsylvania, and later as a visiting professor at Harvard Law School, she was doing well for herself, building both her professional profile and her wealth. She owes at least part of her considerable financial success, it seems, to snapping up these properties in her native Oklahoma and turning them for a profit — though today that’s not a practice she endorses for the many people looking to emulate her success.
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