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The REAL Cost of Owning an $8M Mansion 

The Real Estate Lawyer
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Monthly breakdown of expenses...
Have you ever daydreamed about living in a jaw-dropping lakefront mansion? Picture it: waking up to stunning views, hosting epic parties, and living the life of luxury. Sounds incredible, right? Well, hold on a second, because there's something you might not have considered: the crazy expenses that come along with it!
In this video, I take a deep dive into the real cost of owning a lakefront mansion, and let me tell you, it's no joke. Even if you managed to buy the house outright, the monthly upkeep alone can be astronomical.
We're talking about things like insurance, taxes, and utilities. Just imagine shelling out a whopping amount each year for insurance to protect your dream home. And let's not forget about those property taxes! 😬

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12 июл 2023

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Комментарии : 34   
@MrKillahippo
@MrKillahippo 4 месяца назад
buying an 8m Mansion, and keeping it 10 yrs, that's near 2m in running costs. makes you think twice.
@BloodwingofGotham
@BloodwingofGotham 8 дней назад
Please assist ironland!
@8OddOtters
@8OddOtters 9 дней назад
Please assist Ironland!
@kearadenton6432
@kearadenton6432 10 дней назад
Please assist Ironland
@pinschrunner
@pinschrunner Год назад
Did you mention the pool guy?
@johnwick860
@johnwick860 6 месяцев назад
if I have a mansion $8M & above, there would be onsite security detail as well as butlers & cleaners
@TheRealEstateLawyer
@TheRealEstateLawyer 6 месяцев назад
Maybe for you, John Wick, but where I am $8m isn’t to that level.
@homiepiggy
@homiepiggy 2 месяца назад
why would you want to have literal strangers in your house lol
@YuinAstrophel
@YuinAstrophel 6 месяцев назад
How much to build something similar but about 1/3 Smaller with less commodities and a basement?
@TheRealEstateLawyer
@TheRealEstateLawyer 6 месяцев назад
Less than $8 million
@Don.Challenger
@Don.Challenger 5 месяцев назад
Being on the shore of Norman Lake will the basement be for a lap pool, a sauna cooling off pool or the olympic puddling pool?
@YuinAstrophel
@YuinAstrophel 5 месяцев назад
@@Don.Challenger a small bar and games area. A man cave. Nothing 50k+
@P-C-W
@P-C-W 10 дней назад
Please help Iron land
@LioTheLionM3
@LioTheLionM3 10 дней назад
Please assist ironland
@kaisalidstrom
@kaisalidstrom 5 месяцев назад
15,700 dollars is what I got when I added it up. I was off by a thousand.
@LuisSanchez-ol5ui
@LuisSanchez-ol5ui 9 месяцев назад
80 repeais per year? Nah not at all
@joeyweinstock2272
@joeyweinstock2272 Месяц назад
Imagine buying a 8m dollar house and paying in straight cash
@TheRealEstateLawyer
@TheRealEstateLawyer Месяц назад
Most do
@thorsvenson3530
@thorsvenson3530 5 месяцев назад
I feel so poor.
@TheRealEstateLawyer
@TheRealEstateLawyer 5 месяцев назад
Same
@pinschrunner
@pinschrunner Год назад
Yikes. Doesn't matter, Klaus says that soon, "you will own nothing and be happy.". W*E*F. Look it up
@cflores32097
@cflores32097 5 месяцев назад
And luckily he gets to keep his 30 million dollar compound! He’s such a sweet man
@Ayyfren
@Ayyfren 3 месяца назад
eat the bugs and live in the pod
@martymaranan7191
@martymaranan7191 Год назад
Lawyers are not allowed in Real Estate Transaction in state of California!
@RyanWebber
@RyanWebber Год назад
Good thing this is North Carolina!
@martymaranan7191
@martymaranan7191 Год назад
Lawyers or JD are allowed to take RE Broker EXAM in the greatest State of California.California is 5 Trillion $$$$ GDP
@martymaranan7191
@martymaranan7191 Год назад
To Qualify for Real Estate Broker in California.. Must a graduate a 4 year degree in Real Estate. Major In Real estate or Minor in RE.
@Illias365
@Illias365 2 месяца назад
This video is such bs hahaha
@TheRealEstateLawyer
@TheRealEstateLawyer 2 месяца назад
How
@Illias365
@Illias365 2 месяца назад
@@TheRealEstateLawyer your numbers are either exaggerated or unrealistic. Your looking at way more than 2000 in property taxes per month
@TheRealEstateLawyer
@TheRealEstateLawyer 2 месяца назад
@@Illias365 Well the week before I made this video I did the closing on a $7.2m house. I saw every single number for that one.
@LioTheLionM3
@LioTheLionM3 10 дней назад
Please assist. Itonland
@holgernator7614
@holgernator7614 10 дней назад
Please assist Ironland
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