The REAL Cost of Owning an $8M Mansion

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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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buying an 8m Mansion, and keeping it 10 yrs, that's near 2m in running costs. makes you think twice.

MrKillahippo
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if I have a mansion $8M & above, there would be onsite security detail as well as butlers & cleaners

johnwick
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How much to build something similar but about 1/3 Smaller with less commodities and a basement?

YuinAstrophel
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15, 700 dollars is what I got when I added it up. I was off by a thousand.

kaisalidstrom
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Imagine buying a 8m dollar house and paying in straight cash

joeyweinstock
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Lawyers are not allowed in Real Estate Transaction in state of California!

martymaranan
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Yikes. Doesn't matter, Klaus says that soon, "you will own nothing and be happy.". W*E*F. Look it up

pinschrunner
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Lawyers or JD are allowed to take
RE Broker EXAM in the greatest State of California.California is 5
Trillion $$$$ GDP

martymaranan
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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.

martymaranan