Jay Cutler lives in a 5,500 square foot home

[mass243]

It's good to have a nice home, but gotta pay that thing way down while the cash flow is huge, because there's no guarantee you'll be able to make that $7500/month payment for the next 30 years.  

It happens all the time - a guy bringing home $20,000/month thinks the well will never run dry, so he spends accordingly instead of saving and investing the big money while it's coming in.

Exactly! Especially when you are an athlete (inc. bodybuilder) you should realize you are not making great income forever! If you are some CEO or whatever it then is at least a bit more safe to say you will have a job after 10 years from now but when you are an athlete you never know when your last competition will be... or if you are bodybuilder when your kidneys are going to blow out or you are going to crash your car to the wall...

Should make some reasonable decisions but for some it's hard when you are young and want it all and want it now!

[wisconsinBB]

Exactly! Especially when you are an athlete (inc. bodybuilder) you should realize you are not making great income forever! If you are some CEO or whatever it then is at least a bit more safe to say you will have a job after 10 years from now but when you are an athlete you never know when your last competition will be... or if you are bodybuilder when your kidneys are going to blow out or you are going to crash your car to the wall...

Should make some reasonable decisions but for some it's hard when you are young and want it all and want it now!

You're assuming Jay has a 30 year mortgage on that home?  Considering how much money he makes now, I'd be willing to be the home is already paid for, if not, I bet it will be by the time he retires.

[mass243]

Real estate has always been a great investment.  Sure, as in anything else there are winners and losers, but the reality is that they aren't making any more land.  So, if you own property, then you own a limited commodity.  Those of us thinking long term tend to like the prospects of owning real estate for the rest of our lives.  

Yeah but you can double your money for example in stocks very fast if you know what you are doing but that's not happening in real estate...OK maybe in USA in past but not even there anymore  
Of course it is reasonable to own good house and live there happily but that ain't making you more mone constantly. I was there defending Ronnie and saying maybe his money is in somewhere else growing than in real estate...  and maybe growing faster and better! (And I don't mean those 28'' rims)

[Tre]

You're assuming Jay has a 30 year mortgage on that home?  Considering how much money he makes now, I'd be willing to be the home is already paid for, if not, I bet it will be by the time he retires.

Jay is considered (by those who know him) to be smart with his money.  I think the discussion is more about the guys who tried to give people the idea that they had money by making outrageous purchases and leases that they really couldn't afford and then lost it all when the money stopped flowing in the way it had for them.

That is, they tried to look like Jay without having the financial means to sustain those lifestyles. 

[Deadpool]

Jay is considered (by those who know him) to be smart with his money.  I think the discussion is more about the guys who tried to give people the idea that they had money by making outrageous purchases and leases that they really couldn't afford and then lost it all when the money stopped flowing in the way it had for them.

That is, they tried to look like Jay without having the financial means to sustain those lifestyles. 

hmmm

yeah I remeber seeing a few bodybuilders next to their expensive cars back when Flex was worth reading.  I know what you mean

[mass243]

You're assuming Jay has a 30 year mortgage on that home?  Considering how much money he makes now, I'd be willing to be the home is already paid for, if not, I bet it will be by the time he retires.

No no no, bro! I was talking in general! I'm sure Jay has paid that house in cash when he decided to buy it. But I'm sure there are many athletes that are not going to pay instantly their houses and cars or whatever - For example Flex which I pointed out with comments about blowing out kidneys or crashing your car....

And the same probably goes with other athletes also; the will to show takes over and you have to have all those toys and houses around you and you make unreasonable decisions. And if you are an athlete without education or any kind of other income then after you get hurted you got nothing with you could pay those mortages etc.

[mass243]

Jay is considered (by those who know him) to be smart with his money.  I think the discussion is more about the guys who tried to give people the idea that they had money by making outrageous purchases and leases that they really couldn't afford and then lost it all when the money stopped flowing in the way it had for them.

That is, they tried to look like Jay without having the financial means to sustain those lifestyles. 

That was what I tried to point out.

[Option D]

5,500 is a mediocre sized house. easily obtainable by a decently successful business man. all the houses on the street I grew up on are approx 3,000 sq ft and are by far considered 'big'

i have a 4 bedroom house at 2200sq feet...its considered medium here...so double that..yeah 5,500 is hella large..and he got all kinds of granite shit everywhere i bet

[wisconsinBB]

No no no, bro! I was talking in general! I'm sure Jay has paid that house in cash when he decided to buy it. But I'm sure there are many athletes that are not going to pay instantly their houses and cars or whatever - For example Flex which I pointed out with comments about blowing out kidneys or crashing your car....

And the same probably goes with other athletes also; the will to show takes over and you have to have all those toys and houses around you and you make unreasonable decisions. And if you are an athlete without education or any kind of other income then after you get hurted you got nothing with you could pay those mortages etc.

I seeeeeeeee.  Yeah, amazing how many rich athletes end up broke as fuck by the time they are 45!

[Option D]

HAHAHAHAHA remember dexter said his tv was like 14k...what a fuckin liar

[mass 04]

HAHAHAHAHA remember dexter said his tv was like 14k...what a fuckin liar

a pro BB lying, there's a suprise.   

[wisconsinBB]

HAHAHAHAHA remember dexter said his tv was like 14k...what a fuckin liar

In the late 90's when plasma TV's first came on the scene, he very well could've paid 14k for one.  My 42" panasonic only cost me 1500

[Option D]

In the late 90's when plasma TV's first came on the scene, he very well could've paid 14k for one.  My 42" panasonic only cost me 1500

na this bastard had it last year....and 42 for 1500...thats good i guess. i dont have one but i got like 6 regular tvs...i think ill sell them all for 1 plasma...my bro in north carolina (iraq right now) has a 62 inch....takes up a whole wall...Im gonna go to Brands Mart here in atlanta and get one...they have awesome deals

[The Squadfather]

in BFTO 06 Dexter Jackson says he spent 12,000 dollars on the TV in his bedroom.

[bigdumbbell]

What's your problem mother fucker? I bet your house is on the bottom of cleft without a view!  

And what comes to Ronnie... what kind of financial specialist are you? Real estate as an investment isn't the best possible way to put your money to work! How you know where Ronnie has invested all his money? Probably way better than to over-priced houses at the USA which are now loosing their value rapidly! If you are claiming he put all his money to cars then he must have paid little too much for his cars (I mean if he managed to spend all the money he made over the years to four cars and couple of spinning rims).

r u a towel head?

[Playboy]

hahahhaa, you're wasting your time with these internet trillionaires playboy, these guys live in houses with 5,500 sq. ft. BATHROOMS.

Your probably right, Squad. But in a pro's defence, any top 10 pro with brains and a right mindset can make good cash off sponsers, guest posing and winnings at contests. But its far and few.

[Option D]

in BFTO 06 Dexter Jackson says he spent 12,000 dollars on the TV in his bedroom.

oh...i knew it was 12k-14k...what a fuckin liar

[mass243]

i have a 4 bedroom house at 2200sq feet...its considered medium here...so double that..yeah 5,500 is hella large..and he got all kinds of granite shit everywhere i bet

And not only the house and all granite shit but the interior is pretty impressive also - even his pillows are custom made and so are sofas and god knows what else... He probably has spent as much to interior than to house itself...well, maybe not quite but...

[Faust]

in BFTO 06 Dexter Jackson says he spent 12,000 dollars on the TV in his bedroom.

That's pretty stupid to pay that much for a tv.

I don't understand why they are fabricating lies that are making them look dumb.

[The Squadfather]

oh...i knew it was 12k-14k...what a fuckin liar

hahahaha, exactly, funny thing is he said he got it on sale marked down from 20K.

[Option D]

And not only the house and all granite shit but the interior is pretty impressive also - even his pillows are custom made and so are sofas and god knows what else... He probably has spent as much to interior than to house itself...well, maybe not quite but...

Jay cutler and Ronnie = Hella Smart with money....

[mass243]

r u a towel head?

nope.

[The Squadfather]

That's pretty stupid to pay that much for a tv.

I don't understand why they are fabricating lies that are making them look dumb.

obviously he's full of shit, i think a lot of pros see themselves as pro athletes like NFL, MLB, NBA players and try to carry themselves that way while making 70-80K a year.

[Tre]

in BFTO 06 Dexter Jackson says he spent 12,000 dollars on the TV in his bedroom.

I don't care how much money a person earns, that's just not a good purchase.   

$12,000 for a TV in your great room or home theater is another story.   

What is it with Blacks having to let people know how much they paid for their TVs?  

[Option D]

hahahaha, exactly, funny thing is he said he got it on sale marked down from 20K.

20k for a TV...get the fuck outta hea