Hollywood Is Selling. Billionaires Are Buying. Something’s Up.

Don’t forget to subscribe for more videos like this one! Thank you for watching! Follow me on Instagram: -  / real.estate.report   My YouTube Gear, Tools, & Other Stuff I Use: -https://www.amazon.com/shop/realestat... In This Episode: Today we dive into four stories from the high-stakes world of luxury real estate. Paris Hilton just bought Mark Wahlberg’s Beverly Park estate for a staggering $63.1 million—far below his original asking price of $87.5 million. Meanwhile, Fashion Nova billionaire Richard Saghian is back in the headlines after scooping up a second mega-mansion, paying $32 million in cash for a sleek Beverly Hills estate to add to his portfolio that already includes “The One.” We also break down what’s really happening with Drake’s Beverly Hills property—he hasn’t sold it, but after listing it for $88 million and slashing the price to $79 million, he’s now offering it as a $250,000/month rental while he spends more time at his Toronto compound. But the most mysterious story comes out of Palm Beach, where a shadowy trust has spent over $250 million buying up neighboring oceanfront properties in an ultra-secret land grab that has everyone—from realtors to billionaires—asking who’s behind the biggest real estate mystery of the year. -Scott Disclaimer: This channel, and any communication shared during these videos, should not be taken as financial or legal advice. Viewers should retain their own legal counsel or financial expert(s) before making their own decisions. If you need legal advice, please contact an attorney directly. If you need financial advice, please contact a Certified Public Accountant or a Certified Financial Planner or other licensed professional. I (Scott) am not a CPA, attorney, insurance, or financial advisor and the information in these videos shall not be construed as tax, legal, insurance, construction, engineering, health and safety, or financial advice. Opinions shared in these videos are my personal opinion and are for entertainment purposes only. No comments should be construed as fact. Always do your own due dilligence. And one more thing.. Links included in this description might be affiliate links. If you purchase a product or service with the links that I provide I may receive a small commission. There is no additional charge to you! Thank you for supporting my channel.