EvenBob
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April 13th, 2012 at 8:05:02 PM permalink
Quote: MathExtremist


For those interested in gawking at more pictures, here's the Zillow listing



It sold for 20mil in 2009 and is now valued at 14mil?
Is that possible?
"It's not called gambling if the math is on your side."
pacomartin
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April 13th, 2012 at 8:41:32 PM permalink
Quote: EvenBob

It sold for 20mil in 2009 and is now valued at 14mil? Is that possible?



It was built for $50 million from 2003-2006, the $20 million was a bank foreclosure. It sold for $11.5 million.

It has 7 beds, 9 full baths, 11 half baths, and 10 fireplaces.
EvenBob
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April 13th, 2012 at 8:47:14 PM permalink
How many full kitchens? I think I saw 3 in the pics.
"It's not called gambling if the math is on your side."
EvenBob
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April 13th, 2012 at 9:03:29 PM permalink
The video reminds me of the mansion
Gatsby had in East Egg, in the 1974
movie.
"It's not called gambling if the math is on your side."
pacomartin
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April 13th, 2012 at 9:07:32 PM permalink
Quote: EvenBob

How many full kitchens? I think I saw 3 in the pics.



The home is 47,000 sq ft or roughly the size of the White House. It has to have at least three kitchens. One for the owner to pad around in his pajamas and whip up a little something personal, one for family and intimate meals, and a third for major entertaining.

The White House has a kitchen or dining room on every floor.




teddys
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April 14th, 2012 at 7:04:39 AM permalink
Quote: pacomartin

My brother just got a contract for some work in this little home.
For those interested in gawking at more pictures, here's the Zillow listing

Ah, Atlanta...where people have no compunction about building the gaudiest house possible.
"Dice, verily, are armed with goads and driving-hooks, deceiving and tormenting, causing grievous woe." -Rig Veda 10.34.4
JohnnyQ
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April 14th, 2012 at 8:21:32 AM permalink
So it already sold ? That's too bad, because
if I sold my house in the current market, I'd
only need another 11.35 million + or minus
to have landed this one ! So closse...
There's emptiness behind their eyes There's dust in all their hearts They just want to steal us all and take us all apart
pacomartin
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April 14th, 2012 at 9:14:22 AM permalink
Quote: JohnnyQ

So it already sold ? That's too bad, because
if I sold my house in the current market, I'd
only need another 11.35 million + or minus
to have landed this one ! So closse...



Yes it is sold, the buyer remains anonymous. It sits on 72+ acres and has a golf course,lake,tennis court,stables,guest house,home theater!

Real estate taxes are $2K per month. I don't know what the utilities are. Only 7 bedrooms in a 47,000 sq ft house. As 600 square feet is pretty large for a bedroom, that leaves a lot of square footage left over.

I had a friend who lived in the pool house of a big estate in Bethesda MD.
JohnnyQ
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April 14th, 2012 at 9:45:02 AM permalink
Quote: pacomartin

I had a friend who lived in the pool house of a big estate in Bethesda MD.



How long did he live there before the owner found him ?
There's emptiness behind their eyes There's dust in all their hearts They just want to steal us all and take us all apart
thecesspit
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April 14th, 2012 at 10:07:02 AM permalink
Quote: FleaStiff

I would assume that sand and sun are more common but rain forests and nudity are not unheard of.

British Columbia, Costa Rica, Australia all have rain forests with nudist resorts. The Hoh Rainforest in Washington State used to have one.



Note that the BC/Washington rainforest is a temperate rainforest (this means it's not actually very hot here, but oh so beautifully GREEN).
"Then you can admire the real gambler, who has neither eaten, slept, thought nor lived, he has so smarted under the scourge of his martingale, so suffered on the rack of his desire for a coup at trente-et-quarante" - Honore de Balzac, 1829
pacomartin
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April 14th, 2012 at 10:43:36 AM permalink
Quote: JohnnyQ

How long did he live there before the owner found him ?





I don't know if you ever saw "Grey Gardens" about Jackie Kennedy's aunt and first cousin who lived in a dilapidated mansion in a wealthy New York in the 1970's until they were evicted.

This situation was similar. The man's wife died, and he seemed to have no ability to maintain the house. I think he was a gangster with an uncertain involvement in Pre-Ayatollah Iran. But the house was full of priceless rugs, rolls royces, and statues, but was in total disarray with geese running around the unkempt lawn.

My friends (actually a couple) lived in the pool house which was larger than most apartments, and had two levels. It was actually the cleanest and most nicely decorated portion of the estate. They cleaned the pool and maintained the lawn in their section, and watched the Iranians gather in the increasingly dilapidated mansion.
boymimbo
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April 14th, 2012 at 10:49:31 AM permalink
Vancouver has its nude beach, Wreck Beach, at the west end of the University of British Columbia. Fantastic place to let it all hang out when you're a university stud.
----- You want the truth! You can't handle the truth!
pacomartin
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April 14th, 2012 at 11:42:27 AM permalink
Quote: boymimbo

Vancouver has its nude beach.


Isn't this a non-sequitor?
EvenBob
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April 14th, 2012 at 1:24:18 PM permalink
It can get cold at night in Atlanta in winter.
How many furnaces would it take to heat
47K sq ft. The house better have a basement.
"It's not called gambling if the math is on your side."
thecesspit
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April 14th, 2012 at 1:44:41 PM permalink
Quote: pacomartin

Isn't this a non-sequitor?



? Are you imagining that Canada is frozen 95% of the year?
"Then you can admire the real gambler, who has neither eaten, slept, thought nor lived, he has so smarted under the scourge of his martingale, so suffered on the rack of his desire for a coup at trente-et-quarante" - Honore de Balzac, 1829
EvenBob
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April 14th, 2012 at 1:46:53 PM permalink
Quote: thecesspit

? Are you imagining that Canada is frozen 95% of the year?



Are you implying its not?
"It's not called gambling if the math is on your side."
thecesspit
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April 14th, 2012 at 1:49:38 PM permalink
Quote: EvenBob

Are you implying its not?



95% of Canada may be frozen, but if this part is frozen for even 5% of the year, that's a really, really bad winter...
"Then you can admire the real gambler, who has neither eaten, slept, thought nor lived, he has so smarted under the scourge of his martingale, so suffered on the rack of his desire for a coup at trente-et-quarante" - Honore de Balzac, 1829
pacomartin
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April 14th, 2012 at 2:42:49 PM permalink
I think $11.5 million is a good price for a 47,000 sq ft house , even if it is in the middle of nowhere


Here is a sale of a 1929 home. 5 bedrooms, 7 baths, 7318 sq ft. on 2.28 acres.
Sold in Aug 2009 for $18 million.
Exquisite 2 Acre Country English Holmby Hills Manor. ADJACENT TO LOS ANGELES COUNTRY CLUB. This magnificent walled estate includes remarkable grounds and privacy. 2 story entry, spacious living room w/ fireplace and beautiful garden vistas, large family room adjoins the dining room and eat-in gourmet kitchen opening to charming outdoor terrae.

How can you get away with ADJACENT TO LOS ANGELES COUNTRY CLUB, and somehow leave out ADJACENT TO PLAYBOY MANSION? As if being a hundred feet away from a putting green is somehow more significant than being 50 feet away from the grotto.

Just trying to connect the nudity thread and the mansion thread.
EvenBob
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April 14th, 2012 at 2:57:04 PM permalink
Quote: pacomartin

Here is a sale of a 1929 home. 5 bedrooms, 7 baths, 7318 sq ft. on 2.28 acres.
Sold in Aug 2009 for $18 million.



In LA, 18mil gets you 2.2 acres and 7300 Sq Ft. In Atlanta,
11mil get you 74 acres and 47K sq ft. I'd take the LA house.
There are museums that don't have 47K sq ft.
"It's not called gambling if the math is on your side."
pacomartin
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April 14th, 2012 at 5:04:20 PM permalink
Quote: EvenBob

In LA, 18mil gets you 2.2 acres and 7300 Sq Ft. In Atlanta,
11mil get you 74 acres and 47K sq ft. I'd take the LA house.
There are museums that don't have 47K sq ft.



Here are the sales for South Mapleton Dr Los Angeles, CA 90024 (Back Door to Playboy Mansion) During the depression

house Price Bed Bath House Lot Sold Built
595 $10,354,000 2 5 11,000 43,588 3/4/2010 1994
594 $85,000,000 14 27 56,500 204,731  07/14/2011 1990
550 $13,600,000 7 8 7,014 58,670 11/3/2010 1949
530 $14,400,000 5 5.5 6,393 56,216 8/5/2011 1927
500 $18,000,000 5 7 7,318 99,161 8/4/2009 1929
360 $14,888,000 9 7.5 11,511 98,881 12/14/2010 1950
355 $11,000,000 9 9 6,055 71,438 8/1/2010 1939
271 $8,250,000 1 1 1,098 60,548 6/9/2011 2000


The last one kills me. I know it is a building lot, but the idea of paying $8 million for a 1000 sq ft house kills me.
pacomartin
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April 19th, 2012 at 7:09:34 PM permalink

Are alligators in a moat legal in Florida in the 21st century.
WongBo
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April 20th, 2012 at 1:28:15 AM permalink
Quote: pacomartin


Are alligators in a moat legal in Florida in the 21st century.



nauseating display of capricious consumption.
i so wish we would return to the days when the top incomes were taxed at 90%+
In a bet, there is a fool and a thief. - Proverb.
FleaStiff
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April 20th, 2012 at 3:00:14 AM permalink
Quote: pacomartin

Are alligators in a moat legal in Florida in the 21st century.

Yes, but then again, for the rich ... everything is legal.
pacomartin
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April 20th, 2012 at 3:01:58 AM permalink
Quote: WongBo

nauseating display of capricious consumption.
i so wish we would return to the days when the top incomes were taxed at 90%+



I suppose that if you went to a 90% tax rate people would simply become citizens of another country.

I think it's funny that we have graduated income tax rates, and gas guzzler taxes and yet we don't graduate the rates on real estate taxes. I guess that deep down we think mansions are good for the economy.
EvenBob
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May 14th, 2012 at 12:41:44 AM permalink
Looks like Johnny Depp has bought a 13 bedroom mansion in England,
Burnham Westgate Hall. How he can live on all the property he owns
and still make movies is a mystery.

"It's not called gambling if the math is on your side."
QuadDeuces
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May 14th, 2012 at 1:01:14 AM permalink
Quote: Wizard

This would make for a good separate thread, but if I had ten million dollars you would find me living in Hope Ranch in Santa Barbara with an ocean-facing house. Actually, I might need more then ten million for that.



Not even a nice place next door to Oprah in Santa Barbara would entice me to move back to California. When money's no object, why on Earth would you willingly subject yourself to the complete loons in Sacramento?

Now a condo in Mammoth Lakes as an investment/part time vacation home, maybe.
pacomartin
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May 15th, 2012 at 9:54:43 PM permalink
Quote: QuadDeuces

Now a condo in Mammoth Lakes as an investment/part time vacation home, maybe.



How about a glass house in Tokyo (914 square feet) with no railings on the balconies (see girl on 3rd floor)? Only curtains are provided solely for the most private and intimate of functions.
FleaStiff
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May 16th, 2012 at 1:12:09 AM permalink
Perhaps a vest-pocket parcel of land that didn't allow for obscuring the sun from the adjacent property?

As to "curtains"... many establishments have glass panel doors on rest rooms that are opaque when the switch is on, but many intentionally leave the switch off.
pacomartin
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May 29th, 2012 at 5:05:55 PM permalink

Photo: Feliciano Guimarães

While not a mansion, this non-electrified home in Portugal built in the 1970's is one of the more fanciful I've ever seen.

I assume that the boulders were already there, since it looks like it would take a lot to move them. The owner is a victim of his own inventiveness, as the home has become a tourist attraction, shattering the remoteness it was supposed to embody.
pacomartin
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June 6th, 2012 at 7:57:23 PM permalink


John Paulson (who invested heavily in MGM resorts) just picked up 128 acres in Aspen with at least one 56,000 square foot house and another cabin. Paulson has been losing his investors money lately, so he felt compelled to release the following statement to the press:

Initially offered for sale for $135 million, the purchase price represents a substantial discount to the asking price. In addition, the purchase also includes the Bear Cabin located on a separate 38-acre parcel that was never previously offered for sale.

If you are worth $12 billion and people want to point out that you used to be worth $15 billion, who cares. It's not like you have to worry about qualifying for a mortgage.
pacomartin
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January 27th, 2013 at 9:46:27 AM permalink

Not exactly a mansion in the middle of Nowhere, but this estate in Woodside CA (near Palo Alto) just went for $117 million.
EvenBob
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January 27th, 2013 at 2:34:44 PM permalink
In MI you could but about ten of those for $17mil. I
lived in that area for awhile and I wouldn't live there
again if I had $17mil to blow. The traffic was horrendous
and its butt ugly.
"It's not called gambling if the math is on your side."
Ahigh
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January 27th, 2013 at 3:35:01 PM permalink
I used to live in a home facing the ocean that I paid more than a million dollars for. I lived there for over two years, and I'm done with it.

Here's the problems I had:

#1) Liquidity .. not that many people buy expensive homes, so you can have a hard time finding a buyer
#2) Taxes .. I paid more in taxes each year than some people pay for a whole house
#3) Finding stuff .. when I couldn't find something, it was a nightmare looking all over the house .. seriously!
#4) Echos .. we had travertine and marble and stuff like that, and those rooms didn't get used much because the acoustics were annoying
#5) Asshole neighbors .. the neighbor to my left was a criminal defense attorney .. neighbor to the right owned a predatory mortgage broker service selling to loan to people who didn't need them as "free money." .. guy across the street I don't know what he did, but maybe he imported drugs .. his house cost half a million more than mine
#6) Bills .. heating and cooling bills can get ridiculous .. mine was in San Clemente, so no cooling, but heating that place could cost $500/month
#7) Commissions -- I sold two houses for more than a million dollars each. That means I have given more money to real estate agents (at 6% per sale) than a very nice home would cost here in Vegas
#8) California divorce and standard of living .. I also had a wife who claimed she lived like a millionaire. I pay her more in alimony than all my bills combined It doesn't matter that neither of us even live in California any longer or even in a state that would have me paying alimony still, but she paid a layer a bunch of money to say that she got used to living fancy and couldn't do without it

Fuck that fancy pants lifestyle. That's my opinion. I now live in a relatively small house that is barely big enough for the stuff I need except the garage. I really need a three car garage and I have a two car garage. Everything else is just right at about 2900 square feet.

The people who really like living that way have no appreciation for how hard it is to make the money it takes to do so. That's my opinion. I have always worked hard for my money, and my X-wife refused to move into houses that I could have paid cash for. I had an expensive divorce otherwise I would (still) not need to work. Now I have to work.

Even people who are really well off have been destroyed by dumping too much money into fancy real-estate. Be careful if you ever become a millionaire not to take too many risks paying too much for housing. Especially LA, Santa Barbara, Orange County, San Francisco, etc.

Just my opinion.
aahigh.com
pacomartin
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January 27th, 2013 at 3:41:44 PM permalink
Quote: EvenBob

In MI you could but about ten of those for $17mil.


The estate in California went for $117mil (not $17mil). It is believed that the only person to spend more for a property was for a ranch in Montana.

Now, it is assumed that some people have spent considerable money to build an estate, but that information is not as readily accessible. The $117 million is the record for buying an estate that is not a ranch.

Bill Gates home is assessed at $147.5 million for tax purposes.

Fair Field, the Ira Rennert Estate is located on 63 acres, the main home consists of 66,000 square feet, with additional outbuildings bringing the total living space to over 100,000 square feet. Italianate in design, there are 29 bedrooms, 39 bathrooms, squash and tennis courts and numerous other amenities. This expensive but luxurious home would cost you about $170 million to build.

Hearst Mansion, Beverly Hills, which was once home of the US newspaper tycoon William Randolph Hearst, has 6 separate residences, 3 swimming pools, eight fireplaces, a tennis court, a nightclub and 29 bedrooms, all spread across over 6 acres of land would cost $165 million to build today.

Quote: Ahigh

I used to live in a home facing the ocean that I paid more than a million dollars for. I lived there for over two years, and I'm done with it.

California divorce and standard of living .. I also had a wife who claimed she lived like a millionaire. I pay her more in alimony than all my bills combined It doesn't matter that neither of us even live in California any longer or even in a state that would have me paying alimony still, but she paid a layer a bunch of money to say that she got used to living fancy and couldn't do without it

Fuck that fancy pants lifestyle. That's my opinion.



I have met bachelors that live in nice places, but I have never met one that stretched himself to the limit to buy his home. They are always married.
FleaStiff
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January 27th, 2013 at 4:06:33 PM permalink
Wives often have CPAs and Divorce Lawyers on retainer years before a divorce... and husbands often find out that the most expensive divorce lawyer is a cheap one.
EvenBob
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January 27th, 2013 at 4:29:21 PM permalink
Quote: Ahigh


#3) Finding stuff .. when I couldn't find something, it was a nightmare looking all over the house .. seriously!
.



I often think about this when I see Tony Soprano's house
or Gene Simmons house. My home office, where I spend
90% of my time, is 9' by 9' and has shelves to the ceiling
on 3 walls. Everything I need is in here. Computers, TV,
microwave, water, liquor, fridge, everything but a bed.

Why would I want a huge house? I know I would have
room just like this one in it, what would be the point.
Unless you have 7 kids, why would you want to live
in a such a huge space.
"It's not called gambling if the math is on your side."
Face
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January 27th, 2013 at 5:01:43 PM permalink
Quote: EvenBob

I often think about this when I see Tony Soprano's house
or Gene Simmons house. My home office, where I spend
90% of my time, is 9' by 9' and has shelves to the ceiling
on 3 walls. Everything I need is in here. Computers, TV,
microwave, water, liquor, fridge, everything but a bed.



I'm the same way. My "room" where I spend all my time is maybe 10' x 16', and I think it's huge. My other room is roughly the same size and I don't even use it.

I'd not mind a "multi-million dollar dream house", but my idea of such is a small cabin on 1,000 wooded acres. Kind of like the house at the top of page 5, only not a dome, not in the desert, and with a lot more land. Most of the houses in this thread are laughable; I'd not live there if the house was for free.
The opinions of this moderator are for entertainment purposes only.
MrV
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January 27th, 2013 at 5:07:17 PM permalink
Quote: Ahigh

I also had a wife who claimed she lived like a millionaire. I pay her more in alimony than all my bills combined It doesn't matter that neither of us even live in California any longer or even in a state that would have me paying alimony still, but she paid a layer a bunch of money to say that she got used to living fancy and couldn't do without it

Fuck that fancy pants lifestyle. That's my opinion. I now live in a relatively small house that is barely big enough for the stuff I need except the garage.



Hello, cause and effect.
"What, me worry?"
rxwine
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January 27th, 2013 at 5:12:20 PM permalink
Quote: pacomartin

I have met bachelors that live in nice places, but I have never met one that stretched himself to the limit to buy his home. They are always married.



I don't know if someone has researched that, but I wouldn't be surpised that even guys into high status items would probably opt more for a luxury bachelor pad rather than mega-house, without the influencing partner to consider.

Although maybe the very famous opt for big places because venturing out in public is more problematic so that space is more needed.
There's no secret. Just know what you're talking about before you open your mouth.
pacomartin
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January 27th, 2013 at 6:21:52 PM permalink
Quote: rxwine

I don't know if someone has researched that, but I wouldn't be surpised that even guys into high status items would probably opt more for a luxury bachelor pad rather than mega-house, without the influencing partner to consider.

Although maybe the very famous opt for big places because venturing out in public is more problematic so that space is more needed.





You've heard stories about Nicolas Berggruen , the homeless billionaire. He lives extremely well, lives in the finest hotels, dines wherever he wants and keeps his own $30 million dollar jet, but owns or rents no apartments or houses. He has a priceless art collection which he intends to house in a meeting.

You will never meet the homeless billionairess.

I don't think that the ultra rich are happy to stay in their house just because it is big.



This 1000 sq ft apartment in Manhattan rents for $65K per year. What multi-millionaire bachelor wouldn't want to live here if you can afford to go out whenever you want?
EvenBob
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January 27th, 2013 at 7:02:40 PM permalink
Quote: pacomartin



You've heard stories about Nicolas Berggruen , the homeless billionaire. He lives extremely well, lives in the finest hotels,



Didn't Howard Hughes live in nothing but hotels
till he finally settled in the one he bought in Vegas?
"It's not called gambling if the math is on your side."
pacomartin
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January 27th, 2013 at 7:27:10 PM permalink
Quote: EvenBob

Didn't Howard Hughes live in nothing but hotels
till he finally settled in the one he bought in Vegas?



From 60 to his death at age 70 he only lived in hotels. But he was completely certifiable by this point.

While most men would buy or rent a home instead of living in a hotel, you don't find single straight men that are normally obsessed with large homes.

Petra Ecclestone has an $80 million mansion in London, and purchased another 57K square foot mansion in Los Angeles for $85 million. All this before the age of 23.

If you had a wealthy young man of the same age, I am willing to bet that he is much more concerned with automobiles, ski vacations, and a great rental than in properties that could house a village in Pakistan.
EvenBob
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January 27th, 2013 at 11:58:49 PM permalink
Quote: pacomartin



If you had a wealthy young man of the same age, I am willing to bet that he is much more concerned with .



Yes, men seldom have an interest in big houses.
I never understand why women do. They hate
cleaning, why would you want to take on all the
extra work. I'd rather have a small house, and a
houseboat somewhere that never moves. Like
Travis McGee had, only his moved sometimes.

I would hate a long walk to the bathroom in a
big house. I'm much more comfortable in small
rooms in a smaller house.
"It's not called gambling if the math is on your side."
AcesAndEights
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January 28th, 2013 at 4:57:40 PM permalink
Quote: EvenBob

Yes, men seldom have an interest in big houses.
I never understand why women do. They hate
cleaning, why would you want to take on all the
extra work.


If you have the money for a house that big, you hire someone to clean it.
"So drink gamble eat f***, because one day you will be dust." -ontariodealer
MrV
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January 28th, 2013 at 6:11:54 PM permalink
Quote: pacomartin

From 60 to his death at age 70 he only lived in hotels. But he was completely certifiable by this point.



Interestingly enough, Hughes chose Mormons as his inner circle.

Those danged Mormons: they have had a very, very large impact on the growth of Las Vegas.

From the loans they gave the wise guys when the banks wouldn't loan a nickel, to E. Parry Thomas spoon-feeding Steve Wynn unbelievable deals / business opportunities.
"What, me worry?"
EvenBob
EvenBob
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Joined: Jul 18, 2010
January 28th, 2013 at 6:42:08 PM permalink
Quote: MrV

Interestingly enough, Hughes chose Mormons as his inner circle.



They chose him. He was their mark, they sucked
up to him like tick on a hound dog. Didn't get
his fortune after he died though, not for a lack
of trying.
"It's not called gambling if the math is on your side."
rxwine
rxwine
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Joined: Feb 28, 2010
February 28th, 2013 at 10:57:39 PM permalink
Bob Hope's house for sale. 50 million.
There's no secret. Just know what you're talking about before you open your mouth.
EvenBob
EvenBob
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Joined: Jul 18, 2010
March 1st, 2013 at 12:22:42 AM permalink
Quote: rxwine

Bob Hope's house for sale. 50 million.



Ugly house, looks like a college library. 22K sq ft?
You'd need a Segway to get around. Looks like its
waiting for an earthquake to break it into little pieces.

About as cozy as a baseball stadium.

"It's not called gambling if the math is on your side."
coilman
coilman
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Joined: Jan 29, 2012
March 1st, 2013 at 1:49:57 AM permalink
This is the area I was working in the past two weeks.. its a hour east of Banff National Park...we were amazed at how nice it was for the last two weeks in February......been a very mild winter out here this year....I think we only worked one week this winter where it got down to minus 30*F overnight

http://www.weatheroffice.gc.ca/forecast/city_e.html?ab-16&unit=i

in reply to the post about Canada being frozen over 95% of the year,,,,,its not even here in Alberta,,,maybe 55% of the time :)
rxwine
rxwine
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Joined: Feb 28, 2010
August 29th, 2013 at 9:47:19 PM permalink
In Wyoming

There's no secret. Just know what you're talking about before you open your mouth.
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