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re: Minecraft creator buys ridiculous $70 million mansion in Beverly Hills
Posted on 12/19/14 at 1:43 pm to DirtyMikeandtheBoys
Posted on 12/19/14 at 1:43 pm to DirtyMikeandtheBoys
It blows my mind. You would think people close to him would sit him down and explain this shite.....
Posted on 12/19/14 at 1:44 pm to ChewyDante
oh, for sure.
Although, no way the design/construction of that home had a $70M budget. Idk California real estate market, but if you spent $70M designing and building a home in La the appraised value would easily break the $100M mark.
Although, no way the design/construction of that home had a $70M budget. Idk California real estate market, but if you spent $70M designing and building a home in La the appraised value would easily break the $100M mark.
Posted on 12/19/14 at 1:46 pm to ellunchboxo
quote:
That's the house from GTA V
Saw that, too. Pretty sure I landed an attack chopper on it before.
This post was edited on 12/19/14 at 1:49 pm
Posted on 12/19/14 at 1:51 pm to DirtyMikeandtheBoys
quote:
eh, I'd say it's more baller to take that $70M and put it into a fund that will generate 8-12% annual ROI and finance the house at a rock bottom rate and cash flow the entire situation so you end up generating income on your cash instead of sinking it into a static asset.
He has $1.4 billion other dollars to do that with. He won't miss that $70 million collecting interest.
Posted on 12/19/14 at 1:53 pm to lsu480
quote:
AND written off any interest if it's his primary residence.
He isn't a US citizen. He is Swede. No way to write that off as his primary residence.
This post was edited on 12/19/14 at 1:53 pm
Posted on 12/19/14 at 1:58 pm to Rickety Cricket
quote:
that includes place settings by Roberto Cavalli at a cost of $3,700 each"
if you're paying $3700 for something to put your plate on and eat with, you've got too much damn money.
Posted on 12/19/14 at 2:02 pm to TH03
quote:
All that money for 8bit virtual Legos.
I watch Shark Tank religiously, and this is like many of the ideas you see on the. You sit there and constantly question your imagination and creativity because some of these ideas seem so basic, yet you didn't invent them.
Posted on 12/19/14 at 2:10 pm to stout
When you consider the location of the house, the furnishings and included items, the apparent quality of the build, and the initial $85million asking price, it actually seems like a fairly reasonable deal.
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