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re: Joe Rogan shreds people for saying Donald Trump’s Mar-A-Lago is only worth $18Million

Posted on 10/5/23 at 4:42 pm to
Posted by Wildcat1996
Lexington, KY
Member since Jul 2020
6151 posts
Posted on 10/5/23 at 4:42 pm to
This is easily knowable. Just get a real estate appraiser out there and get a figure with comps.

Why is there any debate about this.

18 mil is a long way from 180 mil.
Posted by TROLA
BATON ROUGE
Member since Apr 2004
12459 posts
Posted on 10/5/23 at 4:45 pm to
quote:

worth $18Million by Wildcat1996This is easily knowable. Just get a real estate appraiser out there and get a figure with comps



Joe blow real estate appraiser isn’t remotely qualified to do this type of asset valuation.

It’s like people don’t even pretend to understand how any of this works
This post was edited on 10/5/23 at 4:50 pm
Posted by Powerman
Member since Jan 2004
162278 posts
Posted on 10/5/23 at 4:50 pm to
quote:

This is easily knowable. Just get a real estate appraiser out there and get a figure with comps.

Not quite that simple. It's a revenue producing property so it would be valued even much higher than that.
Posted by Westbank111
Armpit of America
Member since Sep 2013
2062 posts
Posted on 10/5/23 at 6:57 pm to
Correct me if I’m wrong, but I did t tbink Mar-A-Lago is a simple Piece of real Estate. I would think it has “business and a resort type of value” being a potential revenue and income producer.

I’m not 100% clear on what Trump does with it, but wasn’t it a destination or resort of some sorts?

I doubt it is for any general public these days since he became president, but when selling something like that, you all going well to figure in the revenues and try to establish EBITDA on top Of the real
Estate piece, it’s not just a simple real
Estate appraisal.

The place is huge and the revenues it could bring in are likely very good returns if ran as a business/resort type Of deal.

Not sure about the zoning neither, but I’m
Sure it can be used as a business(es) of some
Sorts.
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