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.
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.
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.
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
drake gotta be aleast 600 m right now
If the Nike deal really pops he’s the next Ye and Riri pretty quick
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
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.
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?
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.
I’m loving angels insteadddddddd, and through it alllll she offers me protection
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
I’m loving angels insteadddddddd, and through it alllll she offers me protection
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.
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
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
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
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
27 toilets
He can s*** all day!
He can s*** all day!
Churning