Lebron Buys His 3rd Beverly Hills Mansion for $37M

beenz

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when it comes to buying high end real estate, you're really limiting the people who can potentially buy it when u wanna sell because of the price as well.
 

LordDeathwatch

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AI ain't broke though

But yep a lot of people are stupid, look at a guy like darrius guice got drafted bought jewellery mom a new car flashed money etc.

2 year nfl career made 2.5 mill, prob thought he'd have a long career and now its over.

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AI has been public about his financial situation and a quick search shows that of a career in which he made over $200 million, his Net Worth is currently around $3 million. There's evidently a trust fund of $32 million that we only know about because of his divorce proceedings and that he wasn't able to touch, which proves my original point.

So he's not broke by normal people standards but he certainly is considering his earnings and fame during his career.
 

Bumblebreh

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Real estate is the easiest way to make your money make money for you.

I'm sure he has plans for those residences.

No it is not breh. And there is no such thing as an easy investment when millions are at stake.And when it comes to real estate, mega mansions are not the best investments.
 

Crude

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No it is not breh. And there is no such thing as an easy investment when millions are at stake.And when it comes to real estate, mega mansions are not the best investments.
I agree with you on the mega mansions not being great investments.

He could have taken that same 37M and probably bought 25-30 nice homes or some condos built and leased them for market rate and got his money back plus interest in a few years.

I don't know what his play is here, but I'm sure he has a plan, he's an intelligent brother.
 
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