Dwight Howard Bought $20M LA Mansion

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 5 years ago '06        #21
niceguy954 31 heat pts31
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 A.G said:
The average person spends at least 5 years salary on a house.

And if Dwight was able to pay for it all in cash, there should be no problem with it.
I guess you missed the part of how much taxes are going to be yearly after he is done..



property tax is $100k a year....
 5 years ago '06        #22
datnolaboy 8 heat pts
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 niceguy954 said:
20 mill thats your whole year salary..I would say max 5 mill. This is how they get fu*ked up after basketball. Taxes are going to be a bi*ch on that land..

and please don't tell me a 5 mill house won't be enough
After research (google) it looks like property taxes are 1.25% of purchase price. In this case like 250k. Dude makes like 200k A GAME!
 5 years ago '11        #23
Kadillac87 225 heat pts225
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$17,495 | Props total: 6665 6665
A 20 mil dollar check? Dwight isn't as rich as I thought. When you're rich, you don't write checks, straight cash homey.
 5 years ago '12        #24
CosbySweater 297 heat pts297
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[video - click to view]

 08-16-2012, 12:43 PM         #25
-BigC- 
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 niceguy954 said:
20 mill thats your whole year salary..I would say max 5 mill. This is how they get fu*ked up after basketball. Taxes are going to be a bi*ch on that land..

and please don't tell me a 5 mill house won't be enough
edit: Only 200k a year for property tax? That's not that bad so neverind
 5 years ago '07        #26
INFAMOUS 13 heat pts13
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[email changed - confirm acct by email]
NETS LOST



Billy King
 5 years ago '04        #27
Tastemaker331 46 heat pts46
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n*ggas in here counting another mans money
 08-16-2012, 01:09 PM         #28
AmerigoCorleone 
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 ErnieB said:
n*ggas in here counting another mans money
 5 years ago '05        #29
DymeKatcha 6 heat pts
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Smart man, paid it all upfront.. No interest...
 5 years ago '11        #30
BuckedCrazy 46 heat pts46
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How many square feet is that sh*t
 5 years ago '06        #31
niceguy954 31 heat pts31
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 HeruDat said:
get off the mans d!ck. His salary is only one source of income or are you dumb.

He still has endorsements...and any other business a.ssets etc.
you don't think that sh*t is going to add up...most players in the NBA are broke after 3-5 years after there done for a reason...

if this guy was bill gates i wouldn't even comment. Whats $20 mil to a billionaire...3-4 months of pay


Last edited by niceguy954; 08-16-2012 at 02:59 PM..
 5 years ago '06        #32
Supreme7 2 heat pts
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Dam that house gotta off the fu*kin chain for 20 mil..
 08-16-2012, 03:17 PM         #33
AmerigoCorleone 
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Pics?
 5 years ago '05        #34
BronxBombers 195 heat pts195
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 BrookLynnStiles said:
#FADETOTHEBACK

NETSLOST AGAIN
 5 years ago '12        #35
Taste Maker 29 heat pts29
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26 droppin 20mil cash on a crib? cant hate on that..
 5 years ago '12        #36
Taste Maker 29 heat pts29
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$3,683 | Props total: 188 188
26 droppin 20mil cash on a crib? cant hate on that..
 5 years ago '04        #37
cold_young_thug 40 heat pts40
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Smartest thing he could do, that way he can sell ir when ever he wants and doesnt have to deal with paying the bank back first. As long as your able to make more on the house than what you bought it for.


Last edited by cold_young_thug; 08-16-2012 at 06:01 PM..
 5 years ago '04        #38
enetblazin4eva 4 heat pts
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 Special Edd said:
who gives a fu*k about what he made last year?

think these players arent saving? all those deals etc nice props to him. la colors is ugly IMO but cool
He purchased a property................
 5 years ago '06        #39
Manny05 1 heat pts
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Thats living the dream
Wish i had that life
I still wouldn't have spend that much on a house.
 5 years ago '04        #40
killadre 229 heat pts229
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 .:RELOADED:. said:
90% of the people have a mortgage...its normal and good....but u should try and pay it off as fast as u can so u dont pay interest

its stupid to have a mortgage and pay interest when u have the $$$ to pay for it up front without any type of interest....i dont understand why these wealthy athletes and rappers (there black most of the time ) opt for payments and then ball out and blow there money on foolish sh*t then end up without a house cause they cant make the payments on it
I take it you never bought a home before. unless your into real estate and flipping houses left and right or you have no plans on moving anywhere else, paying cash in today market isn't that smart.

property taxes is one of the main reason ppl lose their homes not just interest
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