Lana Del Rey Buys 2 Hollywood Hills Homes to Make Her Own $5.87 Million Compound

[leaked_version 10,498]

Nice

But they don't look like her style

Houses don't come with an Instagram filter.

[forkpt1 830]

Does anyone have any photos of the inside of the home?

[Melania 2,386]

I emailed Lana's real estate agent last year feigning interest in the previous properties Lana purchased. I didn't presume to know anything about the current owner I just was curious to know how long her lease was.. (forgive me) and was told that "the current owner" would be moving out this summer (2016) and if I was interested we could discuss leasing the place for a year or two. I think Lana is also a landlord now. Queen of Lording the Land(s).

damn lol

[missdelreyxo 3,783]

https://twitter.com/atrubytuesdays/status/774447023554723841

 

damn lol

https://twitter.com/...447023554723841

[forkpt1 830]

https://twitter.com/atrubytuesdays/status/774447023554723841

 

https://twitter.com/...447023554723841

oh my god

[missdelreyxo 3,783]

your welcome uploaded my uploads

[missdelreyxo 3,783]

i have more

[missdelreyxo 3,783]

Posted her guest and main houses

https://twitter.com/atrubytuesdays

[Kommander 3,260]

I want this kind of life

[gloomyharlow 1,215]

Did she sell the beach house?

[Mafiosa 1,088]

sis is LOADED

 

who knew we gave her so much dollar? 

[TRENCH 15,342]

That white kitchen needs to go and get a remodeling, but other than that she scored good. I love the backyard

[missdelreyxo 3,783]

she might be renting it out or perhaps isnt using it until the hype slows down

http://www.dailymail.co.uk/tvshowbiz/article-3122846/Lana-Del-Rey-buys-secluded-3M-Malibu-beachfront-property-protect-trespassers.html

[Honeymooner 336]

I didnt know she had this much money. I dont know how accurate these celebrity net worth websites are but she is estimated to have 12M. Weird that she dropped 9 million on houses? I guess theyre good investment or smth...

 

 

she probably sold the other house and I think her actual networth is probably around 15 mil.

 

Don't forget, most people, celebrities included, don't usually just plunk down the entire cash value for a house.  They generally do what the rest of us do: Go to a bank, get a loan, and finance the house.  Banks will happily loan money to people with lots of money, because they know they'll get it back.  And she'll probably get a ridiculously low interest rate.  And since mortgage interest is tax-deductible, that's another reason not to pay cash for a house.  So, if she's worth $15M before buying those houses, she's still worth $15M after, plus more, because now she has the value of those houses in her portfolio.

 

The reason I even know this is that many years ago, I worked for an IT consulting firm, and one of our clients was a mortgage broker.  One of the broker's clients was former San Diego Padres baseball hall-of-famer Tony Gwynn.  He bought a nice house in Poway (suburb of San Diego), and he could have easily paid cash for it, but he financed it to get the tax break.