Contrary to published reports that media tycoon Tyler Perry sold his Buckhead Atlanta mansion at a huge profit for $17.5 million, he actually lost millions on the sale.
A well-connected real estate source says Perry poured $15 million into home improvements after purchasing the house on 17 acres of land for $9 million in 2005.
Perry originally listed the 9 bedroom, 5 bath house for $25 million in June of last year. He finally unloaded the property to an unknown buyer for $17.5 million in cash earlier this month.
According to my real estate insider:
“Perry might be strapped for cash because his house originally listed for 25 million and he put 15 million in it for improvements, thus he took a $6.5 million loss on the property.”
Ehhh
No problem. He can make that money back in his sleep.
But he’s filthy rich…
Negative Nancy aka SMR strikes again.
Ha,ha,ha!!
When these numbers are calculated people often forget to deduct the cost of living there. He would’ve had to pay to live somewhere. Therefore, the loss is not always as big as the numbers suggest. How much would it had cost him to rent a place that size for the length of time that he lived there? You can’t live for free.
Rich people problems,only way to solve em, is to keep on getting rich, richer and richer, he need every single dolla “k.michelle”
a huge profit for $17.5 million, he actually lost millions on the sale.
^^^^
This is making the accounting part of me itch. It’s a huge oxymoron.
#RichPeopleProblems
I don’t do numbers and it still made my eye twitch. Ugh!
Perry poured $15 million into home improvements after purchasing the house on 17 acres of land for $9 million
===============================================
It must be nice…I can only wish.
…but his money, his decisions, I guess.
He probably though he would make Billions of Teenage Mutant Ninja Turtle.
It was good, I went to the private viewing last weeknd. Good actor.
Me >>>> HERE <<<< You
hahaha
Tyler still has a net worth of $400 million, so good or bad deal, he’s still eating.
Look in my purse
..dust and a light bill. Kudos to him
Seeing as how it was him and this mystery baby we have not seen in forever, did he really need all that house anyway?
And a stray fruit snack or two, and our bags look just alike. Ugh
I hate mansions . How do I keep an eye on you ?
Some stuff is just an overkill IMO
He went full on Michael Jackson and sent the mama away? I thought he had the baby with his “woman”
As a person buying a home in this economy, though not on this level, NO home is going for asking price. It is truly a buyers market. Why the banks are holding on to forecloses for dear life, trying to get more for them when the market recovers.
Hey Keya, how are the chirren? You? Bun in the oven?
Add 4 crumpled receipts
I can’t feel no way about THIS
…and an ink pen that doesn’t work.
This was on my desk when I came to work today.
Tyler losing millions in like saying he lost 50 cents …. Tyler keep doing you my Brother I love what your doing ….. keep spreading the love and it returns ….. But you know this doe !!!!
? woot woot WUT
Just because flowers are the BEST!!
How you profit and lose, just go with it?
Tooth picks and a tampon .
Stuff to poke myself with .
Clearly someone is not up on real estate because this is a non issue. Apartments ain’t going for asking far less a house/mansion but OK ??
a book, earphones, dry-rotted checkbook (who writes checks anymore), and some wen N Wild lip gloss (matte)
How nice.?
Hold on, I gotta make coffe. Brb
A stray earring with no back and a stick of gum out of (or stuck to) the wrapper.
You iz important and you iz loved
I need a Jordan plug.
….not really. Just wanted to say “plug”.
….and one weave track!
It is hot as fawk outside ugh !!!
LOL..the crazy thing is I think i only mentioned where I worked a couple times and he remembered! Awww..
Pretty arrangement! Go Wut!
Speaking of Real Estate, The first family has chosen thete 5 million dollar home DC. Its near Embassy row.
He cares. Awww Wut. #YOUDESERVE
It sure is. You in the NYC area? Manhattan is nasty as hell. Yuck.
Nice, but you know whete he work and his social right? ??
You mean the Obamas are planning on living in DC after he lives office? I thought they were gonna move to Hawaii or back to Chi-Raq.
Nothing 2 see here. Millionaires that come from NOTHING Never seem 2 have ENOUGH?. He’s needs More House, More Land. REALLY?. He can’t take it with him soooooo, all we can hope for is that he has a “Will just N case there’s Coins left behind?
Meanwhile I’m giving hand jobs just to make ends meet??? not that I don’t enjoy givin em? Depends on the peen? Those uncircumcised ones are so fun and festive?
Close circuit cameras and phone app. #helpful ?
It was hot has heck upstairs light. I dared a mofo to ask me turn on air and told mr to get some cold water. Shorts and tanks….break them out. Our Gas and electric is all time low. Jesus
Baby girl is gonna finish high school at xyz school.
Hey lover??
Please leave that in car, dont want thatbout during lunch.
….and a few loose skittles
Hey chubby hubby?
Ga
Yes, they gonna let the baby finish high school
He done quoted Jodeci!!
owwwww!!
I like the arrangement as well!
write off the loss in taxes.
Chile, I don’t know anyone wanting to voluntarily move back to Chi-Town. ?
*Nose laugh*
So cute.
How much does that pay?
Sandra get outta these folks pocket lol I want some teriyaki wings *rocks like Miss Sophia*
Hey jenie I meant to speak back the other day I’m sorry I missed your “hey” how r u?
I charge by the inch?? Anything under 4 rides for free???
*hollering*
hi??
Alright nah Wut Wut
Surveillance ?
I so hungry right now ?My stomach is making all kinds of noises. All of them sound angry.
doing good gal and you <3
Exactly what I was thinking.
MADEA GOES TO SLEEP**
FIXED
I GOT MORE S-N-C SALAD…AND GRILLED CHICKEN ON A STICK…2 OF EM AND GRILLED CORN. I’M SITTING HERE DEBATING ON WHICH ONE I WANT FIRST
yes, I would like to return this…wait, let me look for my receipt…digs in purse finds receipt with the weave track attached…..that weave GLUE is some else.
LMAO
I’d like to have been the real estate agent who go the 6% commission or whatever it is now.
LOL..he so corny..but I like it.. LOL!
Why you laugh DJango? LOL
I’m ok starting the process of buying a new home. Wish me luck! It’s so stressful
Chile..where ever a wallet lies…tis all I have to say bout that…lol
Goodluck bew … and congrats on this journey .. .I’m sure you will find the home of your dreams
Thanks love
Man, that house is beautiful!
Chile, I’ll do something sweet in return..I think I’ll put on his Stetson and scream YEEEHAW! when im riding him… https://uploads.disquscdn.com/images/42e766825cc2dd5dbc519049a6665384ef032d605184f428da26f418913d9567.gif
?lol
To be able to afford such a loss *sigh*
Since we are being “technical”, think about all the money he saved shooting scenes on the property, deals made while hosting at his estate, and renting out the home for the many events and functions… Society will build up a person to the stars, only to attempt to tear them down for a like…
Ummm. Dude is wealthy!!!! He prob made 6.5 mil last week..
Bwahahahaha. 10 million just like that!
LMAO
didnt he have a maternity unit built on to the house?? who the hell wants that?! ??? hes still winning tho! ?????
~looks over at @Yoni~
Hangry
Whaaa?
YOU NEED A DISCLAIMER!!!
I’m over here talking to @PEP, @Low and @Sugar about food and I scroll down to “Meanwhile, nack at the ranch, I’m giving handjobs…”
Uh, tain’t on the menu. I had my mouth all fixed and here YOU come ?.
Really?
I shan’t.
I won’t complain after seeing snow in May. ?
Yoni got wings?!? I had to order something today
I’m joking.
Hollering
Ain’t that the truth?! You hot? Strip. Get a beater. Pick up that MLK fune fan ova there and get to gettin’. You cold? Layer it up like Ralphie’s li’l brother in “A Christmas Story”. You don’t need to move that much in your sleep anyhow. Be still! ?
CLASSIC ROSE TALES
Oh ?
Either that or he’s a detailed stalker ?
???
hi??
???
…with lint on it
Whattuh?
Uncut=cheez whiz
Oh, please. He didn’t lose squat. If people come to the table with case purchase price is usually lowered cuz it is a guaranteed sale. Don’t get too excited, its still 17 million.
Haaaaaaaa?
No, ma’am!!!!!! Lol
If I enlarge pic and angle this phone right they look like they are sitting on my desk, lol. Very nice!
Could that be why he’s now “acting” in movies & TV, so he can make some extra money?
Could that be why he’s now “acting” in movies & TV, so he can make some extra money?
BOL!!!!! Good one hahaha
LOL!!! We can share.
https://uploads.disquscdn.com/images/bb4264f7d4d7227830d50436ebc02fe52f854ab6633bc6dbb91c04c30c8efcd0.gif
Yoni ALWAYS has wings…or a platter. ?
Ummm that’s not anywhere near Buckhead…
I know. I figured you were asking for research purposes or just to be plain ole nosey. Shoot. I wanted to know myself. ? But it was still funny.?
Duh !
Paces runs right through Buckhead.
The pool at this estate is amazing, like dude, it must be nice. I thought I’d never say it, but when a stalk mansions now, I have to admit that this is way too much house. I know on his level, it makes sense cuz he has the money.
That is what i said..there arent 17 acres in buckhead
You tell em….funky dineva is strapped for cash..Tyler Perry is NOT. Sheree Whitfield may be looking for change in the sofa cushions, Tyler is not.
I doubt if he’s going broke. What u want the man to do, keep a mansion he’s not living in?
This dude is trying so hard to be like Oprah. Has anyone notice he has the same mannerism (womanerism) as Oprah? Classic open hands like Oprah always does. Now he wants a farm, like Oprah.
?????
and a half of blunt and a cracked cell phone…….oh, and the EBT card with the peeling magnetic strip.
Ha