Jay Cutler - Broke or Wealthy with his investments?

[Smokincrazy]

Don't make threats fatty.  It would not be a problem for me to make a drive to Cali to bash your fat skull in.  You know jack shit except for what I put out there on myself.  So yes, keep thinking, I'm broke, jobless and anything else you want.  It's like that for a reason. 

It's called being of the grid.  I'm the last person you want looking over your shoulder for.

Thumbs up Wiggs!!!

[kh300]

there is 2 ways of living life. 1st is being at the mercy of everyone and everything that surrounds you, 2nd living from the source, from your soul. 1st energy is directed outward to inward, 2nd the energy is comes from inside and goes outside. The 1st source is easily observed in people like Cutler. compared to those who have a genuine sense of contentment, because they know the source!, which is within you!!

So it wouldn't suprise me that someone like him would go broke. People who look to material possessions to bring them happiness are never satisfied. They burden themselves with an unbelievable amount of debt to fill this void they have. That is until it runs out and they are left with nothing.

[Jadeveon Clowney]

there is 2 ways of living life. 1st is being at the mercy of everyone and everything that surrounds you, 2nd living from the source, from your soul. 1st energy is directed outward to inward, 2nd the energy is comes from inside and goes outside. The 1st source is easily observed in people like Cutler. compared to those who have a genuine sense of contentment, because they know the source!, which is within you!!

So it wouldn't suprise me that someone like him would go broke. People who look to material possessions to bring them happiness are never satisfied. They burden themselves with an unbelievable amount of debt to fill this void they have. That is until it runs out and they are left with nothing.

aren't you the suicidal motorcyclist?

[kh300]

aren't you the suicidal motorcyclist?

I'm alive and posting so I guess not

[tommywishbone]

Don't make threats fatty.  It would not be a problem for me to make a drive to Cali to bash your fat skull in.   You know jack shit except for what I put out there on myself.  So yes, keep thinking, I'm broke, jobless and anything else you want.  It's like that for a reason.  

It's called being of the grid.  I'm the last person you want looking over your shoulder for.

[Jadeveon Clowney]

apparently wiggs is now a cab-driver, so the threat is v. real

[a_ahmed]

^rotflmao

Aah getbig...

I like Jay, he was cool as mr olympia, but like someone already said showing off all the 'bling' doesn't mean you have it.

Come on get real.. the common joe in north america does he ever really own anything? It's all debt/credit. Look at government.

It's easy to get loans and buy expensive crap...

That being said smart people would invest and not spend all that $$$$$$$ in a split second.

[Parker]

^rotflmao

Aah getbig...

I like Jay, he was cool as mr olympia, but like someone already said showing off all the 'bling' doesn't mean you have it.

Come on get real.. the common joe in north america does he ever really own anything? It's all debt/credit. Look at government.

It's easy to get loans and buy expensive crap...
That being said smart people would invest and not spend all that $$$$$$$ in a split second.

It ain't as easy as you think...it used to be "easier", now, not so much.

[andreisdaman]

They aren't though, you need to put things in perspective here. Tyson has been broke for the past 5-6 years yet he has lived in a mansion and has driven fancy cars and is still known for dropping 50k on dinner. Same with all these guys, ya they are considered broke in comparison to what they used to have but don't be fooled they live like kings a pend tens of thousand per month, Rodman included.

agreed...people give them free shit and plus they get credit all over the place and pay it off later...if they can, and usually for pennies on the dollar..this is how they stay afloat and continue to live large....they buy buy cars, houses, clothing, dinners, etc all on credit with the promise to pay later...restaurants, car dealerships, etc, want their business because it brings them publicity and plus the stars refer their friends to said businesses....the businesses still make money because those debts are actually assets that the businesses can sell to loan collectors if the stars don't pay.....and when the stars do pay, they pay 10 cents or 20 cents on the dollar at a later time due to claiming poverty....and the debt collectors settle with them..look at Michael Jackson..he was stone broke and still continued getting credit

[andreisdaman]

Blacks don't understand that concept bro.

sigh....another misplaced black reference..you don't give up trying to recruit do you???

[POB]

Look at his remaining "sponsors", says it all http://jaycutler.com/sponsors.html

he has no significant income, hasn't had any competing income in 2012, his burn rate alone for real estate, basic cost of living is at least $13-14k a months, which means he needs to make at least 225k a year just to stay afloat.

he barely made that last year.

That's what he tells the IRS dipshit to keep his cash

[Tito24]

very sad news, afterall he seemed to be a good guy with the enlarged heart on the right place.

[CREALMADRID]

is it a multimillion mansion or what???

[WOOO]

Sometimes a man can get mysteriously poor just before a big divorce settlement - saves him from get even poorer after!

 

[The_Hammer]

GENERAL INFORMATION
PARCEL NO.   138-04-610-004
OWNER AND MAILING ADDRESS

CUTLER FAMILY TRUST
CUTLER JASON I & KERRY M TRS
4500 ******** ******** CIR
LAS VEGAS NV 89129-5364


LOCATION ADDRESS CITY/UNINCORPORATED TOWN

4500 ******** ******** CIR
UNINCORP. COUNTY
ASSESSOR DESCRIPTION

CONOUGH CRAIG
PLAT BOOK 118 PAGE 51
LOT 4



SEC 04 TWP 20 RNG 60

RECORDED DOCUMENT NO.        

* 20070226:03860
RECORDED DATE

02/26/2007
VESTING

NO STATUS
*Note:  Only documents from September 15, 1999 through present are available for viewing.

ASSESSMENT INFORMATION AND SUPPLEMENTAL VALUE
TAX DISTRICT   125
APPRAISAL YEAR   2012
FISCAL YEAR   12-13
SUPPLEMENTAL IMPROVEMENT VALUE   0
SUPPLEMENTAL IMPROVEMENT
ACCOUNT NUMBER   N/A

REAL PROPERTY ASSESSED VALUE
FISCAL YEAR   2011-12   2012-13
LAND   26250   19250
IMPROVEMENTS      220775   281351
PERSONAL PROPERTY   0   0
EXEMPT   0   0
GROSS ASSESSED (SUBTOTAL)   247025   300601
TAXABLE  LAND+IMP (SUBTOTAL)   705786   858860
COMMON ELEMENT ALLOCATION ASSD   0    0
TOTAL ASSESSED VALUE    247025    300601
TOTAL TAXABLE VALUE   705786    858860

                  

Click here for Treasurer Information regarding real property taxes.

Click here for Flood Control Information.



ESTIMATED LOT SIZE AND APPRAISAL INFORMATION
ESTIMATED SIZE   0.53 Acres
ORIGINAL CONST. YEAR   2006
LAST SALE PRICE
MONTH/YEAR   1570000
01/07
LAND USE   1-10 RESIDENTIAL SINGLE FAMILY
DWELLING UNITS   1

PRIMARY RESIDENTIAL STRUCTURE
TOTAL LIVING SQ. FT.   4826   CARPORT SQ. FT.   0   ADDN/CONV   NONE
1ST FLOOR SQ. FT.   4826   STORIES   ONE STORY   POOL   YES
2ND FLOOR SQ. FT.   0   BEDROOMS   3   SPA   YES
BASEMENT SQ. FT.   0   BATHROOMS   5 FULL 1 HALF   TYPE OF CONSTRUCTION   FRAME STUCCO
GARAGE SQ. FT.   1493   FIREPLACE   2   ROOF TYPE   CONCRETE TILE
CASITA SQ. FT.*   363              

[kofo]

Either way its worth less compared to his initial investment.

Lets say he bought it for $1 M and now its worth $500k. If he expected it to be worth 1,5 today his loss is in reality 1 M bucks. Not only did he loose a huge chunk of his investment, he also lost future dividends.

[WOOO]

.

[FitnessFrenzy]

LOL @ "I'm just making low six figures" 


Maybe MuscleCenter was right and in America everyone has personal pool and slaves

Tito24 said this.

[WOOO]

.

[FitnessFrenzy]

think about for a second the number of NBA and NFL stars who go broke.

IFBB pros do not, generally speaking, contain higher intelligence or judgment than those guys. Thus,
it is no wonder that we see the futures of Cormier, Levrone, Titus etc. turning out the way they did.

Cutler has made a lot of money, yes, but just go through the number of luxury cars he has had.
Not exactly the move of a financial genius.

[WOOO]

http://www.celebritydetective.com/Celebrity_Homes_Jay-Cutler-house-Las-Vegas.html

In early January 2007, Jay Cutler purchased a home in the gated Palisades Estates community of Las Vegas, Nevada for $1,570,000. Built in 2006, the home has three bedrooms, five full bathrooms and a half, a courtyard entry which opens onto 18 foot vaulted ceilings, swimming pool & spa, and 4,826 total square feet.

http://www.lasvegassun.com/news/2009/jun/26/home-prices-drop-2000-levels/

http://www.lasvegasrealestatehome.com/blog/will-las-vegas-home-values-ever-bottom-out.html

http://www.bloomberg.com/news/2011-04-26/wealthy-leaving-las-vegas-mansions-as-pain-of-foreclosure-crisis-spreads.html

Jay is fucked...

[FitnessFrenzy]

very sad news, afterall he seemed to be a good guy with the enlarged heart on the right place.

Would you borrow money to Cutler?

[WOOO]

Would you borrow money to Cutler?

lend

not

borrow

 

[CREALMADRID]

getbig is definitively THE BEST inspector site am serious haahah

[WOOO]

there's no other way to look at it... Jay's fucked, that house can't be worth more than 500k on the market right now IF he can find a buyer