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Started By
Message
re: Joe Rogan shreds people for saying Donald Trump’s Mar-A-Lago is only worth $18Million
Posted on 10/5/23 at 7:16 pm to robinette
Posted on 10/5/23 at 7:16 pm to robinette
A McMansion?
A McMansion is 4000+ sf’ on a 1/2 acre lot in the suburbs.
Trumps Properties are equivalent to Palaces and Resorts in this case.
Mar-a-Lago is also a business producing income and revenues, they’re a thing called EBITDA, but that’s way above your little brain.
The valuation for this property would be a very specialized valuation on the business side and then an appraisal on the real estate.
That resort could have so many potentials that could likely put it at a $1B value easily.
If Trump didn’t use it as his primary residence, he could carve it up into several businesses etc…
Zoning is the only thing I’m not sure about, but I bet he could generate Multi-Millions in revenue every MONTH.
Think of a hotel room on the beach in a 5-star hotel, you’re paying $500-1,000+ plus per night. How many hotel rooms could he buildout at that property?
Maybe he could do a substantial development, pre-sale condos and have mixed use with storefronts etc…
The place is endless on what he could likely do with 20 acres of prime real estate!
You really should post less, I don’t think you realize how dumb you really are!
A McMansion is 4000+ sf’ on a 1/2 acre lot in the suburbs.
Trumps Properties are equivalent to Palaces and Resorts in this case.
Mar-a-Lago is also a business producing income and revenues, they’re a thing called EBITDA, but that’s way above your little brain.
The valuation for this property would be a very specialized valuation on the business side and then an appraisal on the real estate.
That resort could have so many potentials that could likely put it at a $1B value easily.
If Trump didn’t use it as his primary residence, he could carve it up into several businesses etc…
Zoning is the only thing I’m not sure about, but I bet he could generate Multi-Millions in revenue every MONTH.
Think of a hotel room on the beach in a 5-star hotel, you’re paying $500-1,000+ plus per night. How many hotel rooms could he buildout at that property?
Maybe he could do a substantial development, pre-sale condos and have mixed use with storefronts etc…
The place is endless on what he could likely do with 20 acres of prime real estate!
You really should post less, I don’t think you realize how dumb you really are!
Posted on 10/5/23 at 7:18 pm to L1C4
A Florida realtor would probably try to take smaller pieces of sales and add them up by sqft and land size. This is an inaccurate exercise. Really, you take an encompassing look at MAL and just how unique it is at water on both sides, a palace and 17+ acres along with revenue generating. You can't accurately price that, really. Trump could list it for any amount he wanted just to see who would pay what. I personally think 500M would have hundreds of buyers world wide lining up. It's that unique.
Posted on 10/5/23 at 7:24 pm to cajunangelle
I need more info. If the judge really ruled on such flimsy grounds this whole thing is fricked.
Posted on 10/5/23 at 7:51 pm to cajunangelle
So it’s another Trump property tax Dodge ?
Like Telling banks it’s a 30k ft penthouse
And the IRS 10k ft in Trump tower
Like Telling banks it’s a 30k ft penthouse
And the IRS 10k ft in Trump tower
Posted on 10/5/23 at 7:54 pm to Tmcgin
quote:
So it’s another Trump property tax Dodge ?
Like Telling banks it’s a 30k ft penthouse
And the IRS 10k ft in Trump tower
You are an idiot.
Posted on 10/5/23 at 8:26 pm to Tmcgin
quote:
So it’s another Trump property tax Dodge ?
Like Telling banks it’s a 30k ft penthouse
And the IRS 10k ft in Trump tower
Carefully read the 2nd post on this page. Really pay attention to the part about mass appraisal use by assessors and the 3% max increase allowable per year.
Still feel the same way? That's a you problem, and everyone notices it.
Posted on 10/5/23 at 8:30 pm to Bourre
quote:
So you think MaL is only worth 18 million?
No. I also don’t think it’s worth 600mm or 1.5B.
Posted on 10/5/23 at 8:31 pm to roadGator
quote:
You dip shite. You clearly don’t know anything about beach front property in WPB.
I don’t and have never claimed to or put forth a value. Can you read?
Posted on 10/5/23 at 8:32 pm to Diamondawg
quote:
Do some comps. $150-300M
Trump claimed a 2X value.
Posted on 10/5/23 at 8:35 pm to ABearsFanNMS
quote:
shite, we got another piece of shite that got a worthless degree on something like Female Studies. I can’t believe you dumbfrick liberals don’t know the difference between a tax assessment and FMV!
I wish people could read.
I also wish our Tx assessors assessed our properties at 1/33 fmv.
Posted on 10/5/23 at 8:42 pm to robinette
quote:
Joe Rogan said that!? Why hasn't the case been immediately dismissed!? Oh wait, b/c he's a roided-out idiot with shite for brains. Carry on!
He’s talking about you. You don’t want to be honest with yourself or anyone else. Make an argument better than the roided-out idiot. Should be easy, but instead you just name call.
Posted on 10/5/23 at 9:02 pm to cajunangelle
I have no idea about these charges/guilty against trump.
So he misvalued properties .. what’s the issue? Truly don’t know but would like to understand.
So he misvalued properties .. what’s the issue? Truly don’t know but would like to understand.
Posted on 10/5/23 at 9:06 pm to cajunangelle
This is 17 acres of beach to beach property in one of the most expensive areas in the world. It’s definitely worth north of 500 mil.
Posted on 10/5/23 at 9:22 pm to cwill
You stupid frick, there are condos in WPB going for $40M.
Posted on 10/5/23 at 9:29 pm to roadGator
So you think a deed restricted property that can only be a social club and can’t be subdivided has the same full value as a single fam residence?
What about claiming 30k square feet on a 10k sqrare foot residence in Manhattan? Legit?
What about claiming 30k square feet on a 10k sqrare foot residence in Manhattan? Legit?
Posted on 10/5/23 at 9:32 pm to cwill
I don’t give two shits about Manhattan. I have no idea what this whataboutism is about.
I do know that lenders check real estate beyond what I tell them it’s worth. Otherwise, I’could tell them my house is 7500 square feet and worth 2.2 mil. FFS
You clearly know as much about WPB real estate as the commie judge in NY.
You hate trump. I get it. Just say so. JFC.
I do know that lenders check real estate beyond what I tell them it’s worth. Otherwise, I’could tell them my house is 7500 square feet and worth 2.2 mil. FFS
You clearly know as much about WPB real estate as the commie judge in NY.
You hate trump. I get it. Just say so. JFC.
This post was edited on 10/5/23 at 9:34 pm
Posted on 10/5/23 at 9:35 pm to cwill
For your own good get Bidens cock out your jawbone!
Posted on 10/5/23 at 9:44 pm to cwill
quote:
You dip shite. You clearly don’t know anything about beach front property in WPB.
I don’t and have never claimed to or put forth a value. Can you read?
quote:
No. I also don’t think it’s worth 600mm or 1.5B.
Back to back makes it a little awkward, right?
I honestly have no fricking idea what purpose it serves to just blindly agree with AG Leticia about an obviously bogus valuation. Other than admitting it's bogus being an implicit admission that this low IQ dolt is trying a bogus case, what is the point of dying on retard hill? Seriously
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