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  • Mar 1, 2022
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    2 replies
    DayTimeOwlSound

    Rich mfers starting to put their money into real estate rather than having their money sit in the bank & depreciate in value

    Buying a house you never live in just to have it wither away isn't a smart decision and I doubt Drake is just leaving his money in the bank.

  • Fitzy

    It looks hella dated in that pic. Will probably need renos first

    Yeah and that sounds dumb imo. Imagine spending $50M on a house you can't live in right away? Yikes.

  • Mar 1, 2022
    Ryuka

    drakesheart somewhere fuming rn

    She's been mia this month pretty weird

  • Mar 1, 2022
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    1 reply
    DJMCC93

    His reported net worth really must be WAY off

    Someone with the net worth that they report he has doesn’t just buy a 50m mansion in LA after also having a massive mansion in Toronto

    His reported net worth on the internet has been in the same range since if you’re reading this, don’t think a lot of those projections for entertainers are kept up with studiously.

  • Toronto is still pretty shut down, correct? Not sure how Los Angeles is but in New Orleans we’re pretty opened up, maybe primarily switching to an area with more nightlife for a while or something.

  • Mar 1, 2022
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    2 replies
    TheViciousCircle

    His reported net worth on the internet has been in the same range since if you’re reading this, don’t think a lot of those projections for entertainers are kept up with studiously.

    drake gotta be aleast 600 m right now

  • BIGGWAVE

    drake gotta be aleast 600 m right now

    If the Nike deal really pops he’s the next Ye and Riri pretty quick

  • OP
    Mar 1, 2022
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    1 reply
    thegreatdivine

    Buying a house you never live in just to have it wither away isn't a smart decision and I doubt Drake is just leaving his money in the bank.

    Robbie flipped it for an 18M profit in 5 years who’s to say Drake won’t be able to do the same with the way the market is looking rn

  • Mar 1, 2022
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    2 replies
    Vietbrah

    Robbie flipped it for an 18M profit in 5 years who’s to say Drake won’t be able to do the same with the way the market is looking rn

    I don't doubt he might be able to do that. I'm more so speaking on him ever truly utilizing the house and him buying a house that big in LA when he spends most of his time in Toronto and doesn't have a huge family.

  • OP
    Mar 1, 2022
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    1 reply
    thegreatdivine

    I don't doubt he might be able to do that. I'm more so speaking on him ever truly utilizing the house and him buying a house that big in LA when he spends most of his time in Toronto and doesn't have a huge family.

    If it’s just an investment property why does he have to utilize it?

  • Vietbrah

    If it’s just an investment property why does he have to utilize it?

    I doubt it's just an investment property. Didn't the article say he'd been looking for a property in LA since last year or so? He might have plans to sell the YOLO mansion after copping this.

    But then again, maybe he has plans to flip the house or rent it out as an AirBNB, who knows? I doubt that, though.

  • Mar 1, 2022
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    1 reply

    I’m loving angels insteadddddddd, and through it alllll she offers me protection

  • Mar 1, 2022
    thegreatdivine

    Buying a house you never live in just to have it wither away isn't a smart decision and I doubt Drake is just leaving his money in the bank.

    why do you care lovely

  • Mar 1, 2022

    Your free now genie

  • Mar 1, 2022

    Assets is king during inflation

  • Mar 1, 2022

  • Juninho CLB

    I’m loving angels insteadddddddd, and through it alllll she offers me protection

  • thegreatdivine

    I don't doubt he might be able to do that. I'm more so speaking on him ever truly utilizing the house and him buying a house that big in LA when he spends most of his time in Toronto and doesn't have a huge family.

    i don't really think he spends most of his time in toronto tbh...that place seems more designed like an HQ. still think he's in calabasas most of the time.

  • DJMCC93

    His reported net worth really must be WAY off

    Someone with the net worth that they report he has doesn’t just buy a 50m mansion in LA after also having a massive mansion in Toronto

    It’s way way off. Many of them are. There’s a great article about how far off Peter Thiel’s reported net worth was

  • Mar 1, 2022
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    1 reply
    BIGGWAVE

    drake gotta be aleast 600 m right now

    Word on the street he only made 50 mil last year

    I don’t think he’s reporting his earnings

  • thegreatdivine

    Maybe it's just the picture but the house looks really dated. I wonder why he didn't settle for something much better since he'll be spending that much money on it.

    It's also weird to me that celebs who aren't married with kids stay buying ridiculously massive house they couldn't possibly use by themselves. The Weeknd has done that with his last few real estate purchases.

    Drake having 3 massive houses when it's pretty much just him and Adonis who might live in them sounds dumb to me but like someone else said, it ain't my money. If he likes it, I love it.

    Those guys have squads that travel with them like family

    Also a house is a flex. A d*** measuring contest

  • Mar 1, 2022
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    1 reply

    27 toilets

  • Mar 1, 2022
    DJMCC93

    His reported net worth really must be WAY off

    Someone with the net worth that they report he has doesn’t just buy a 50m mansion in LA after also having a massive mansion in Toronto

    net worth =/= available credit. I didn't see anything about this being a cash deal

  • OP
    Mar 1, 2022
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    2 replies
    Zach LaBeam

    27 toilets

    He can s*** all day!

  • CKL TML 🌺
    Mar 1, 2022
    Vietbrah

    He can s*** all day!

    Churning