Free Republic
Browse · Search
General/Chat
Topics · Post Article

To: Jonty30
I'm no financial genius, but I think it's unwise to spend $100 million on property, if you're generating the level of income necessary to keep it.

That's no joke. These places need a lot of upkeep or they'll fall into disrepair quickly.

You pretty much have to employ a full-time staff to stay on top of it all.

16 posted on 10/10/2023 9:14:40 PM PDT by Drew68 (Ron DeSantis for President. A conservative who fights and wins..)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Drew68
These places need a lot of upkeep or they'll fall into disrepair quickly.

The property taxes on that 100 million in real estate is costing him over one million a year in property taxes in southern California.

22 posted on 10/10/2023 9:22:12 PM PDT by CatOwner
[ Post Reply | Private Reply | To 16 | View Replies ]

Free Republic
Browse · Search
General/Chat
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson