Scandrick purchases new home in California

[tyke1doe]

But if he invested 10 MM of that 14MM and is getting any decent return, he is getting a least a half million a year from his investments. Even living it up (and I'm sure he is) he probably isn't spending the return on his investment portfolio.

And that's the good - and sad - part about the life of a high-price athlete. You just invest that - in Oscan's case - $10 million even conservatively, and you're making six figures - more than enough to cover taxes, utility bills, etc.

The fact that so many athletes waste so much money is scandalous and an indictment against them having even the basic minimum of business intelligence.

 

[DenCWBY]

It's a five bedroom house. They have four children together. Hardly extravagant. Aaron Glenn has a similarly sized house in Houston.
It was a Selling: LA type show featuring high-end realtors. Anyway, that's the home he's selling. Needed a bigger place.

I stand corrected. thanks

 

[adbutcher]

For a blended family of six, three of them girls? Not necessarily.

I have 3.5 for the family of 4 and sometimes that ain't enough especially when my family visits. Haters gonna hate...

 

[WoodysGirl]

I have 3.5 for the family of 4 and sometimes that ain't enough especially when my family visits. Haters gonna hate...

In my best AI voice. I mean we talking about too many bathrooms. Bathrooms. Bathrooms. When can you ever have too many bathrooms? lol

 

[BigStar]

Jealous?

I visited LA as an east coaster but was surprised by the smog and overcast sky.(was disappointed bc of hearing of the sunshine, etc.) This was like Rodando/Long Beach on PCH and LA itself so may not be where the good weather is? San Diego had nice weather though.

 

[StarBoyz83]

You need Hundreds of dollars per hour to fund a house in Cali with those costs and taxes. Just think about the maids,
cooks, lawn care, upkeep...He better find some way to nail down more Quan or he will be living in Arizona in 5 years.

Oh ya with 30 an hour you could afford a 100k house in utah lol maybe

 

[Kaiser]

I have 3.5 for the family of 4 and sometimes that ain't enough especially when my family visits. Haters gonna hate...

And if you ask the people who know LA, saying "He went crazy and bought a mansion in Tarzana" is kind of like saying "He went crazy and bought a mansion in Amarillo". Tarzana is a good area but its not exactly the center the action.

 

[treykin32]

I wouldn't say they're haters. They're just being realistic. Statistics show that many millionaire athletes go broke after they retire from sports. We've all heard the stories.

Having said that, Oscan might be one of the successful ones - one who bucks the trend and based on wise investments will be able to afford such a house as well as the annual maintenance and taxes it takes to stay in such a dwelling.

More power to him. It's not my money. But I can't say I'm not skeptical.

I understand your point, but statically the school district that I'm an administrator in should be failing with a 80% free/reduced lunch rate. However, that is not the case. We are a high achieving district. While stats is representation of the whole, OSCAN is an individual, & he should judged as an individual...bottom line... Off topic...but this one of the major problems with this world & country. Smh