Diddy's house is underwhelming when you walk in and defintely not worth $60 million ... this according to the investor who says he's offering half the asking price.
Category
✨
PeopleTranscript
00:00I was at one of P. Diddy's freak-offs.
00:03Freak-offs.
00:04You saw celebrities there that you recognized.
00:07Mm-hmm.
00:08It was a rapper that we all know.
00:10Straight-up porn directed by Diddy.
00:13I'm just grateful to have made it out.
00:17So you just bought Kanye's house.
00:19I did.
00:20And now you want to buy Diddy's home.
00:22I mean, a lot of people are going to wonder,
00:23why would you want to buy Diddy's home?
00:26Well, for one, the price has to be right.
00:28Okay, so that's why we offered $30 million.
00:30But the home was a little underwhelming.
00:32When I went inside,
00:33it really wasn't reaching that $60 million expectation
00:37that buyers want.
00:38So I saw room for improvement,
00:40and I saw room for my company to do well.
00:42Oh, okay.
00:43I mean, so did you actually put a $30 million offer on it,
00:47or did you just say it like public?
00:49No, the offer is in.
00:51It's in the listing agent's inbox.
00:53We haven't got a response yet.
00:55They're going to go to the Diddy camp and see what they say,
00:57but it's for real a $30 million offer.
01:00I mean, do you think that they'll accept the $30 million offer?
01:03I mean, being that it's less than asking.
01:05Well, Kanye accepted $21 million
01:08when I offered $39 million less than what he was expecting.
01:11If Diddy doesn't accept the $30 million offer,
01:14is that your final offer,
01:16or how much are you willing to go to negotiate?
01:19So if he doesn't accept my $30 million offer,
01:21then my offer actually goes down to $27.5 million.
01:24Oh, okay.
01:26And you're standing on that?
01:28I'm standing on that.
01:29I'm a firm negotiator, and if they don't accept it,
01:31then we go down from there.
01:32We don't go up.
01:33Does it bother you that maybe some of the freak-off parties
01:37might have happened in the home?
01:39May have happened.
01:40I'm pretty sure they did happen.
01:42However, that's the whole premise of this project
01:44is to change the stigma, get in there,
01:46and completely change the whole interior.
01:48That way a buyer that they come in,
01:50they'll see the previous pictures, they'll see what it was,
01:52and they'll see what I've transformed it into.
01:54Okay, so do you think you're going to need a whole lot of sage
01:57to sage the energy in the house?
01:59I know, I've been getting a lot of comments about that.
02:01A lot of people sending me pictures of huge bundles of sage,
02:04saying, hey, do you want this for the house?
02:06And I think there's some aspect to that,
02:08but what we do is we completely transform the whole interior of the home
02:12so you really don't have the whole ditty vibe,
02:15the whole previous aura of it.
02:17It's going to be completely new and up to today's standards
02:21for a $60 million buyer to feel comfortable buying.
02:24♪