How can Lil Boosie afford this house?

[invalid]

I believe it's in Georgia

He's said it cos $3 mill

He says he paid $250,000 for 40 acres of land that was previously purchased for $1 mil. The other $2.75 mil was what it cost to build the house. In what world does he get the current valuation of the house + acreage to be $50 mil?

Even if we were to include upgrades such as the basketball court and swimming pool, that still doesn't get you to a $50 mil valuation. What Georgia town outside of Atlanta does he live in?

A generous ROI would be around 40% which on $3 mil is $1.2. So I can only come up with a valuation on the higher end to be around $4.2 million. Value is determined by how much someone is willing to pay for something at a given point in time. No one is going to pay $50 mil for something worth, at best $4.2.

Don't know how Boosie is doing his math.

 

[Freedman]

Price:
$258,000

Grind and get your own Bad Azz Estates brehs

 

[G.O.A.T Squad Spokesman]

He in Georgia, I asked the same question when I watched the movie Superfly and seen Rick Ross house

 

[sayyestothis]

That back yard is humongous

I be seeing his house on IG but I ain't know it was like that. nikka got a huge pool, basketball court, race track, park, treehouse, football field and more shyt

He's really taking care of those kids

Salute to breh but dont he live in lousiana? Lonely go faaaaaaaaaaar. Stretchhhhhhhhhhhhhh

 

[db81]

Some of my well off relatives in Baton Rouge stay in the same subdivision that he was living in. There house is nice two floors and all that but his is humongous

His old house in BR was 3 stories

 

[NeilCartwright]

he tour..

wouldn't be surprise he get $15,000 to $20,000 for small club venues and more for bigger venues...

plus boosie have a following in the south, so he going to eat for a while

Cant speak for any other region but Boosie still the man down here

Brehs like Rich Homie came and went but Boosie still the people's champ, at least out here

 

[Onigumo]

Bro boosie owns ten tax/hr blocks in Baton Rouge and some shops in new Iberia.

Not all rappers are ignorant and only have to sources of income.

Enlighten me on what shops boosie owns in New Iberia?

 

[Bledswole]

Bump

Just saw his full house in a video he put up a few days ago,was amazed at the size of his damn backyard,man got a huge yard

 

[GreenGhxst]

Boosie been putting in work since I was in 4th grade bruh, I'm 27 now

 

[JordanWearinThe45]

Just saw his crib on IG somewhere

 

[Mowgli]

Communists mad

 

[Bunchy Carter]

Boosie has been getting money for a long time and he has a loyal fan base:

 

[010101]

badazz will go to the worst hole in the wall for the backend

he lives on that chitterling circuit

*

 

[The_Sheff]

He lives in Palmetto GA. You can get a lot of land cheap if you want to stay out there. Palmetto is only about 25 minutes from the airport it's just there is NOTHING out there. All I know is a Bojangles, Dairy Queen, and a Piggly Wiggly.

 

[Field Marshall Bradley]

He live in Palmetto GA. You can get a lot of land cheap if you want to stay out there. Palmetto is only about 25 minutes from the airport it's just there is NOTHING out there. All I know is a Bojangles, Dairy Queen, and a Piggly Wiggly.

That’s a good spot for him... the further away he is from the city, the safer he and his family is