50 Cent finally sells his Connecticut mansion

[ORDER_66]

What does that have to do with what I said? Not every investment is a good one. I just explained why the wealthy still get loans

BECAUSE HE STILL LOST MONEY!!!!

 

[Feed-Me]

BECAUSE HE STILL LOST MONEY!!!!

50 did. On this investment. Does that mean every investment before and after 50 will go the same route? Do you need me to speak slower lil nikka?

 

[Olu Dara]

So you have more liquid cash available for more investments. Why tie up 4mil for example in one property when you can use that 4mil to get 10 properties, that if leased and are generating income and pay for themselves?

Good point .

But that's still a risk tho, it's not certain that those 10 properties will pay off in the long run. They might decrease in value etc, a lot of unpredictable things can happen. Then you stand there with a 4 million loan and your 4 million dollar investments are now worth 1 million.

 

[Still FloW]

Im sure he's happy he finally sold it. It was a money pit..

Got nikkas in here cheesing and cheering like fakkits like they can ever do anything in their worthless lives like this .. The man continues to make money, he bought it for 4.1 mil, I'm sure he's happy with the sale

 

[Feed-Me]

Good point .

But that's still a risk tho, it's not certain that those 10 properties will pay off in the long run. They might decrease in value etc, a lot of unpredictable things can happen. Then you stand there with a 4 million loan and your 4 million dollar investments are now worth 1 million.

It is are but you are generating cash and your net worth increaaes but as you said. Still a risk.

 

[ORDER_66]

50 did. On this investment. Does that mean every investment before and after 50 will go the same route? Do you need me to speak slower lil nikka?

So we're gonna act like the 900K per yr property tax aint a big fukking deal now is it???

 

[Feed-Me]

So we're gonna act like the 900K per yr property tax aint a big fukking deal now is it???

You seem caught up on this one example. Are you autistic? I explained why wealthy people get loans, you seem intent on discussing one investment made by one Queens nikka in Connecticut over a decade ago. Doesn't change my explanation of why wealthy people get loans. Does it?

 

[pickles]

Why would you pay interest for a loan you don't need when you already have the money in cash?

Maybe I'm wrong tho

Here you go playboi

Zuckerberg's 1 percent mortgage: Why does a billionaire need a loan?


Read and learn

 

[ORDER_66]

You seem caught up on this one example. Are you autistic? I explained why wealthy people get loans, you seem intent on discussing one investment made by one Queens nikka in Connecticut over a decade ago. Doesn't change my explanation of why wealthy people get loans. Does it?

Nikka still lost a hell of alot of money on a fukking money pit, and yet your talking about loans and building his credit, what good is that shyt when he owes a ton of money from lawsuits from doing dumb shyt....

 

[Feed-Me]

Nikka still lost a hell of alot of money on a fukking money pit, and yet your talking about loans and building his credit, what good is that shyt when he owes a ton of money from lawsuits from doing dumb shyt....

Where did I say he didnt lose money? Link me where i mention building credit? You seem obsessed with discussing 50 when I ain't even bring him up

 

[Kings County]

Explain to me what the difference is between you making a comment on it and me making a comment on it? I spent less time than you did on it. You are the one trying to argue 3 different people

didnt u call a mall when game got knocked out

 

[Kings County]

Depends on Where you live breh..... 500K aint good enough for a mini mansion???




Also for one dude do you really need 25 rooms tho????

EDIT:

500K

these arent even real houses

 

[Feed-Me]

didnt u call a mall when game got knocked out

Nah he said he lied about it for blog hits and a shout out from Game

 

[ORDER_66]

these arent even real houses

...Its not real brehs..... nikkas really on crack with these responses...

 

[Wild self]

​

brought for 4. put in 8 mill on top... so in theory spent 12 million, plus 75k a month on prop taxes and the upkeep... brought the house in 2003 X 75k a month, 12 months to a year. 900K per year loss... X 2003-2016 = 13 years... = $11,700,000 LOSS... and thats just the yearly fees....

Seeing THAT, and seeing his personal money in investments tanking, no wonder he broke.