It’s R Life: From Rich to Rags

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Re: It’s R Life: From Rich to Rags

Unread post by Elon557 »

nakmom wrote: Wed Mar 22, 2023 6:09 am I just watched her IG stories, it looks like the cat peed on the couch. The other day it peed on the bed, it is not normal for a cat to pee outside the litter box. Kendal thinks it’s funny, but that cat might have a medical issue going on.


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That’s sad and disgusting
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Re: It’s R Life: From Rich to Rags

Unread post by Willow2015 »

nakmom wrote: Wed Mar 22, 2023 6:09 am I just watched her IG stories, it looks like the cat peed on the couch. The other day it peed on the bed, it is not normal for a cat to pee outside the litter box. Kendal thinks it’s funny, but that cat might have a medical issue going on.


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It could have a UTI.
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Re: It’s R Life: From Rich to Rags

Unread post by lemonquisha »

Kendal went back to gucci to get some UGLY ASS $535 sunglasses.
It’s like she’s trying to go broke on purpose!! I can’t believe how she thinks they’re remotely fashionable.
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Re: It’s R Life: From Rich to Rags

Unread post by Elon557 »

lemonquisha wrote: Thu Mar 23, 2023 11:56 am Kendal went back to gucci to get some UGLY ASS $535 sunglasses.
It’s like she’s trying to go broke on purpose!! I can’t believe how she thinks they’re remotely fashionable.
[/quote

She will probably be at the mall everyday now that the house is sold since she is trying to fill a huge void in her life. She is the most insecure woman I’ve ever seen

She has the WORSE sense of style 🤢
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Re: It’s R Life: From Rich to Rags

Unread post by Elon557 »

I bet the kids move to cheer Florida because it looks like they are looking for rentals in Coral Springs
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Re: It’s R Life: From Rich to Rags

Unread post by Glass Half Full »

Much and all as I dislike Kendal and a LOT of what she does and says, I do admire her (and Daniel) for working on their marriage. And while I agree that Daniel is 100% to blame for actually cheating, I do not think he is 100% to blame for how he was feeling prior to the event. We have seen both of them in videos and on social media. Kendal is a very difficult, incompetent person. She definitely never appeared to have a relationship with Hampton. Her relationship with Sebi seems to have improved since she got him into cheer. She wanted to move to Florida. She wanted Daniel to quit work and work for her. She is obsessed with shopping and cheer. She refused to cook meals or clean the house. She didn’t treat Daniel as a partner, more like a work colleague. On the other side, the girls didn’t seem to like Daniel. Is this because he was actually as awful as Kendal says he was or because she created her little girls club (she plus 3) and excluded the household males from her posse.
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Re: It’s R Life: From Rich to Rags

Unread post by Elon557 »

Glass Half Full wrote: Fri Mar 24, 2023 3:04 am Much and all as I dislike Kendal and a LOT of what she does and says, I do admire her (and Daniel) for working on their marriage. And while I agree that Daniel is 100% to blame for actually cheating, I do not think he is 100% to blame for how he was feeling prior to the event. We have seen both of them in videos and on social media. Kendal is a very difficult, incompetent person. She definitely never appeared to have a relationship with Hampton. Her relationship with Sebi seems to have improved since she got him into cheer. She wanted to move to Florida. She wanted Daniel to quit work and work for her. She is obsessed with shopping and cheer. She refused to cook meals or clean the house. She didn’t treat Daniel as a partner, more like a work colleague. On the other side, the girls didn’t seem to like Daniel. Is this because he was actually as awful as Kendal says he was or because she created her little girls club (she plus 3) and excluded the household males from her posse.
Well now that Kendal knows he can get someone probably prettier than her and more successful she ACTUALLY has to work on her marriage instead of walking all over him. It’s probably the best thing that has happened to Daniel. But I also think Kendal is constantly putting on a fake show so who knows. Sometimes infidelity.can bring a relationship closer together but why the constant attack towards the other women? It’s all suspicious
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Re: It’s R Life: From Rich to Rags

Unread post by Willow2015 »

Evie is living with her boyfriend at his house for a few days. I see a baby in her future or sooner!!
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Re: It’s R Life: From Rich to Rags

Unread post by Glass Half Full »

All these pictures and posts worshipping Daniel and flaunting they’re Amazing! relationship are directed solely towards the other woman. The rest of the world literally doesn’t care or have any interest in their teenage style lives.
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Re: It’s R Life: From Rich to Rags

Unread post by lemonquisha »

Willow2015 wrote: Fri Mar 24, 2023 7:36 pm Evie is living with her boyfriend at his house for a few days. I see a baby in her future or sooner!!
Evie and this dude better be careful bc Kendal don’t believe in no abortion so if they bump uglies it finna lead to a child to take care of. Evie can’t afford it!
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Re: It’s R Life: From Rich to Rags

Unread post by disgruntled_pelican »

lemonquisha wrote: Sat Mar 25, 2023 12:39 pm
Willow2015 wrote: Fri Mar 24, 2023 7:36 pm Evie is living with her boyfriend at his house for a few days. I see a baby in her future or sooner!!
Evie and this dude better be careful bc Kendal don’t believe in no abortion so if they bump uglies it finna lead to a child to take care of. Evie can’t afford it!
I had the same thought. I’ve said it before and I still believe it- EV will be pregnant before she turns 20. It’s also very obvious they for whatever reason, Kendal and Daniel don’t want to parent her anymore and since she’s “18” she should be able to do whatever she wants. Conservative parenting is very interesting in the Rich family lol

Kendal is doing so much damage control trying to get all of us and Heather to think her and Daniel are madly in love and she has the best marriage ever. Her insecurities are really getting the best of her. Daniel still looks so uncomfortable around her, especially when she brings up the affair or talks about how much their marriage has changed. Did they even go through a “rough patch” outside of the 2 weeks Kendal was losing her mind? How do you go from finding out about an affair, to being absolutely rageful, to happily and blissfully married to your best friend all in the span of 2 months? My husband forgets to do something and I hold a grudge for weeks LOL.
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Re: It’s R Life: From Rich to Rags

Unread post by Glass Half Full »

The house was sold for the asking price..1,225,000 usd.
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Re: It’s R Life: From Rich to Rags

Unread post by disgruntled_pelican »

Glass Half Full wrote: Sun Mar 26, 2023 10:47 am The house was sold for the asking price..1,225,000 usd.
They bought the house in 2020 for $715k. My guess is they had at least 400k left on the loan. With Kendall’s spending I don’t think they netted that much.
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Re: It’s R Life: From Rich to Rags

Unread post by Elon557 »

disgruntled_pelican wrote: Sun Mar 26, 2023 3:35 pm [quote="Glass Half Full" post_id=<a href="tel:1723521">1723521</a> time=<a href="tel:1679852826">1679852826</a> user_id=57615]
The house was sold for the asking price..1,225,000 usd.
They bought the house in 2020 for $715k. My guess is they had at least 400k left on the loan. With Kendall’s spending I don’t think they netted that much.
[/quote]
disgruntled_pelican wrote: Sun Mar 26, 2023 3:35 pm
Glass Half Full wrote: Sun Mar 26, 2023 10:47 am The house was sold for the asking price..1,225,000 usd.
They bought the house in 2020 for $715k. My guess is they had at least 400k left on the loan. With Kendall’s spending I don’t think they netted that much.
They had a mortgage for 570,000 in 2020
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Re: It’s R Life: From Rich to Rags

Unread post by Glass Half Full »

Elon557 wrote: Sun Mar 26, 2023 4:05 pm
disgruntled_pelican wrote: Sun Mar 26, 2023 3:35 pm [quote="Glass Half Full" post_id=<a href="tel:1723521">1723521</a> time=<a href="tel:1679852826">1679852826</a> user_id=57615]
The house was sold for the asking price..1,225,000 usd.
They bought the house in 2020 for $715k. My guess is they had at least 400k left on the loan. With Kendall’s spending I don’t think they netted that much.
disgruntled_pelican wrote: Sun Mar 26, 2023 3:35 pm

They bought the house in 2020 for $715k. My guess is they had at least 400k left on the loan. With Kendall’s spending I don’t think they netted that much.
They had a mortgage for 570,000 in 2020
[/quote]

So they are walking away with around 800,000 usd in cash +/-.
The new car, assuming it’s a cash buy will take care of 100,000.

Is it any wonder Kendal is out splashing the cash in Gucci?
How much will they be taxed on this amount since they’re not buying a new home yet?

They’re still looking at having a nice sum in the bank as down payment on a new house assuming they don’t squander thus money at the mall every weekend.
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Re: It’s R Life: From Rich to Rags

Unread post by Elon557 »

Glass Half Full wrote: Mon Mar 27, 2023 4:08 am
Elon557 wrote: Sun Mar 26, 2023 4:05 pm

They bought the house in 2020 for $715k. My guess is they had at least 400k left on the loan. With Kendall’s spending I don’t think they netted that much.
disgruntled_pelican wrote: Sun Mar 26, 2023 3:35 pm

They bought the house in 2020 for $715k. My guess is they had at least 400k left on the loan. With Kendall’s spending I don’t think they netted that much.
They had a mortgage for 570,000 in 2020
So they are walking away with around 800,000 usd in cash +/-.
The new car, assuming it’s a cash buy will take care of 100,000.

Is it any wonder Kendal is out splashing the cash in Gucci?
How much will they be taxed on this amount since they’re not buying a new home yet?

They’re still looking at having a nice sum in the bank as down payment on a new house assuming they don’t squander thus money at the mall every weekend.
[/quote]

They are probably walking away after paying the realtor about 600,000 or a little less.

100,000 on a car
Around 90,000 capital gain taxes unless put into another property
It will cost them about 5000 to 6000 a month for rent so there goes another 60,000 to 70,000 for the year
And I can only imagine what kind of debt they are in

So let’s say they are left with 300,000. They with last them 2 years living in south florida and in Gucci lol
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Re: It’s R Life: From Rich to Rags

Unread post by disgruntled_pelican »

That’s not how it works. You have to factor the total purchase price which was $715k in 2020. If they had a mortgage of ~570k that means they put down roughly $130k as a down payment. That plays into how you would calculate their net profit. Not to mention you’d subtract any maintenance costs over the years as well. Let’s just assume maintenance was $0, you’d still subtract sale of the house from full purchase price which is roughly $510k. This is before closing costs and any realtor fees. Conservatively, I’d say they netted just above $450k. Kendal already spent $100k on her car so they are not really walking away with much, given their monthly expenses and the fact that Daniel probably poured a ton of money into buying into I heart.
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Re: It’s R Life: From Rich to Rags

Unread post by Elon557 »

disgruntled_pelican wrote: Mon Mar 27, 2023 7:48 am That’s not how it works. You have to factor the total purchase price which was $715k in 2020. If they had a mortgage of ~570k that means they put down roughly $130k as a down payment. That plays into how you would calculate their net profit. Not to mention you’d subtract any maintenance costs over the years as well. Let’s just assume maintenance was $0, you’d still subtract sale of the house from full purchase price which is roughly $510k. This is before closing costs and any realtor fees. Conservatively, I’d say they netted just above $450k. Kendal already spent $100k on her car so they are not really walking away with much, given their monthly expenses and the fact that Daniel probably poured a ton of money into buying into I heart.
disgruntled_pelican wrote: Mon Mar 27, 2023 7:48 am That’s not how it works. You have to factor the total purchase price which was $715k in 2020. If they had a mortgage of ~570k that means they put down roughly $130k as a down payment. That plays into how you would calculate their net profit. Not to mention you’d subtract any maintenance costs over the years as well. Let’s just assume maintenance was $0, you’d still subtract sale of the house from full purchase price which is roughly $510k. This is before closing costs and any realtor fees. Conservatively, I’d say they netted just above $450k. Kendal already spent $100k on her car so they are not really walking away with much, given their monthly expenses and the fact that Daniel probably poured a ton of money into buying into I heart.
disgruntled_pelican wrote: Mon Mar 27, 2023 7:48 am That’s not how it works. You have to factor the total purchase price which was $715k in 2020. If they had a mortgage of ~570k that means they put down roughly $130k as a down payment. That plays into how you would calculate their net profit. Not to mention you’d subtract any maintenance costs over the years as well. Let’s just assume maintenance was $0, you’d still subtract sale of the house from full purchase price which is roughly $510k. This is before closing costs and any realtor fees. Conservatively, I’d say they netted just above $450k. Kendal already spent $100k on her car so they are not really walking away with much, given their monthly expenses and the fact that Daniel probably poured a ton of money into buying into I heart.

Plus 15 to 20 percent in capital gain taxes
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Re: It’s R Life: From Rich to Rags

Unread post by Southern_walker »

disgruntled_pelican wrote: Mon Mar 27, 2023 7:48 am That’s not how it works. You have to factor the total purchase price which was $715k in 2020. If they had a mortgage of ~570k that means they put down roughly $130k as a down payment. That plays into how you would calculate their net profit. Not to mention you’d subtract any maintenance costs over the years as well. Let’s just assume maintenance was $0, you’d still subtract sale of the house from full purchase price which is roughly $510k. This is before closing costs and any realtor fees. Conservatively, I’d say they netted just above $450k. Kendal already spent $100k on her car so they are not really walking away with much, given their monthly expenses and the fact that Daniel probably poured a ton of money into buying into I heart.

Im with you, I think posters are overestimating how much they got. I found a website called propertyiq which discloses their down payment and mortgaged amount. (I know it’s accurate since I looked up my own house, lol) Here’s the numbers:

Bought for 715k in Jan/Feb 2020, put down $143,000 and mortgaged $572,000.

This part is impossible to know for sure but over the last 3 years I’d estimate they have paid the mortgage down to around $500k, as It’s slow paying off houses with the interest attached

Selling for $1,225,000 with somewhere in the early 500k range left on the loan I’d estimate $700k in profit. After the heavy taxes from not rolling it into another house, closing costs, and 6% buyer and seller agent commissions I think Pelican is right with a net proceed of around 450-500k. 100k blown on the car right away is a really stupid idea. Large family homes in soflo are so expensive, she needs it all for a down payment when she wants to buy!
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Re: It’s R Life: From Rich to Rags

Unread post by Southern_walker »

I was just thinking of the type of home they'll want to buy eventually. In their area, that's $1m+ house. Huge, in a gated amenity-rich neighborhood, fully remodeled kitchen/bathrooms, 5 bedrooms, etc. It doesn't come cheap anywhere at this point, and especially not in Palm Beach County. With say 400k down on a million dollars it's still 600k in mortgage, which they'll need a good income to afford-- especially with the interest rates. As we saw, they were struggling with the bills on their house with their current income, and Youtube is only getting worse. They need all the down payment money they can get!! It's so stupid that Kendal is treating it like she won a small lottery.

After all the buying, (luxury SUV, shopping, high rent, and eating out) they'll be screwed when it's time to buy a house. The income is gonna remain crap and meanwhile a ton of the money from the house sale will be gone.

If I were the Riches I'd buy. Renting is a waste of money, especially with the huge available down payment they have. Oh, wait, they won't do that because then Kendal couldn't blow the sale proceeds on a platinum Escalade and Gucci. *eyeroll*
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