Donald Trump Buys Ed McMahon's House - GoFuckYourself.com

DateDoc · 08-15-2008, 10:24 AM

BEVERLY HILLS, Calif. (AP) ? Donald Trump will soon be Ed McMahon's landlord.

Trump announced Thursday he would save the television personality's Beverly Hills mansion from foreclosure by buying it for an undisclosed amount and leasing it to McMahon.

The developer told the Los Angeles Times he doesn't know McMahon personally, but acted out of compassion because helping out "would be an honor."

McMahon, 85, who was Johnny Carson's sidekick on the "Tonight" show for three decades, has not worked for about 18 months because of a neck injury. He defaulted on $4.8 million in mortgage loans with Countrywide Financial Corp.

McMahon's spokesman, Howard Bragman, told The Associated Press that paperwork on the sale had not been completed but that McMahon was "very optimistic" the deal would go through.

"When I was at the Wharton School of Business I'd watch him every night," Trump told the Times. "How could this happen?"

McMahon bought the six-bedroom, five-bathroom, 7,000-square-foot house in January 1990. The home was listed at $4.6 million last weekend ? down from a peak price of $7 million.

Phoenix · 08-15-2008, 10:27 AM

trump is a nice guy i guess....but i bet he has some plan in mind as well

crafty

Semi-Retired-Dave · 08-15-2008, 10:29 AM

Quote:

Originally Posted by Phoenix

trump is a nice guy i guess....but i bet he has some plan in mind as well

crafty

He will level it and make it a Golf Course.

clickyoucutie · 08-15-2008, 10:33 AM

It's nice of him, but I bet he wouldn't do it unless there were a profit somewhere. I wonder what he will charge him for rent :-) And it's probably true that he will level it and make it a golf course or something profitable eventually. Afterall, Ed is 85. I doubt he is going to be a tenant for more than 5 years- 10 tops if he is really lucky.

Sosa · 08-15-2008, 10:34 AM

leasing it back to ed. Of course if the donald is behind it their is profit going to be made in most cases.

GigoloShawn · 08-15-2008, 10:35 AM

The bad news is that Ed isn't making enough from Publishers Clearinghouse, so now he's going to be selling Grit door to door.

StuartD · 08-15-2008, 10:42 AM

such a shame.... amazing that he could fall so far after the life he's lived.

thehand · 08-15-2008, 10:43 AM

Nice gesture , isn't the apprentice staring up again in a few weeks?

TyroneGoldberg · 08-15-2008, 10:53 AM

Where's Ed chesee? I mean, so what if he hasn't worked in 18 months. At 85 he shouldn't be working anyway

Fat Panda · 08-15-2008, 10:57 AM

sorry ed

peedy · 08-15-2008, 12:45 PM

Donald I beleive is a very compassionate guy and did this almost purely as a good deed. However Im sure Donald also knows the value is down nearly 50% and over the next 10-15 years (if mcmahon lives that long) the house is likely to appreciate rather than depreciate. And when Ed passes or his family moves.....Donald will sell it for over 100% profit margin.

klaze · 08-15-2008, 12:53 PM

He is obviously buying the house at well below market value and then renting it back to Ed...

CHACHING

the Shemp · 08-15-2008, 12:58 PM

its sad to see an 85 year old guy with a mortgage...

rowan · 08-15-2008, 04:08 PM

Quote:

Originally Posted by the Shemp

its sad to see an 85 year old guy with a mortgage...

My uncle had problems getting a mortgage because he was 50!

Seems a bit odd that McMahon purchased the house 18 years ago yet he's still defaulting on payments. Couldn't he have refinanced the remaining balance so his periodic payments would be less? (Then again, perhaps he already did.)

SykkBoy · 08-15-2008, 04:25 PM

I wonder if The Donald will help bail out other people who are going into foreclosure?

bronco67 · 08-15-2008, 05:29 PM

So Ed MacMahon was living paycheck to paycheck after 90 years in showbiz?

Spunky · 08-15-2008, 05:31 PM

That was a nice gesture

sltr · 08-15-2008, 05:35 PM

perfect for trump. look at all the good words peeps are saying about him now.

pornask · 08-15-2008, 05:47 PM

Don't be fooled. Donald Trump did not buy Ed's house out of compassion. He's a sneaky bastard who doesn’t barf for free, no matter what. This was an investment, he only spends money when there's an undeniable chance to make crap loads in return.

08-15-2008, 10:24 AM	#1
DateDoc Outside looking in. Industry Role: Join Date: Feb 2005 Location: To Hell You Ride Posts: 14,243	Donald Trump Buys Ed McMahon's House BEVERLY HILLS, Calif. (AP) ? Donald Trump will soon be Ed McMahon's landlord. Trump announced Thursday he would save the television personality's Beverly Hills mansion from foreclosure by buying it for an undisclosed amount and leasing it to McMahon. The developer told the Los Angeles Times he doesn't know McMahon personally, but acted out of compassion because helping out "would be an honor." McMahon, 85, who was Johnny Carson's sidekick on the "Tonight" show for three decades, has not worked for about 18 months because of a neck injury. He defaulted on $4.8 million in mortgage loans with Countrywide Financial Corp. McMahon's spokesman, Howard Bragman, told The Associated Press that paperwork on the sale had not been completed but that McMahon was "very optimistic" the deal would go through. "When I was at the Wharton School of Business I'd watch him every night," Trump told the Times. "How could this happen?" McMahon bought the six-bedroom, five-bathroom, 7,000-square-foot house in January 1990. The home was listed at $4.6 million last weekend ? down from a peak price of $7 million. __________________

08-15-2008, 10:27 AM	#2
Phoenix BACON BACON BACON Industry Role: Join Date: Nov 2002 Location: Poems everybody, the laddie fancies himself a poet Posts: 35,462	trump is a nice guy i guess....but i bet he has some plan in mind as well crafty __________________ Skype Phoenixskype1 Telegram PhoenixBrad https://quantads.io

08-15-2008, 10:33 AM	#4
clickyoucutie Confirmed User Join Date: Jul 2008 Location: Clickyou.com Posts: 206	It's nice of him, but I bet he wouldn't do it unless there were a profit somewhere. I wonder what he will charge him for rent :-) And it's probably true that he will level it and make it a golf course or something profitable eventually. Afterall, Ed is 85. I doubt he is going to be a tenant for more than 5 years- 10 tops if he is really lucky. __________________ Click You Affiliate Program with all new HD milf site InterviewWithaMilf.Com Eurotivity Hosting ICQ me ! 375-089-597 Aim: ClickYouCutie Last edited by clickyoucutie; 08-15-2008 at 10:34 AM..

08-15-2008, 10:35 AM	#6
GigoloShawn Confirmed User Join Date: Oct 2007 Location: No longer with Star Marketing Group. Posts: 700	The bad news is that Ed isn't making enough from Publishers Clearinghouse, so now he's going to be selling Grit door to door. __________________ I no longer represent TrafficGigolos, please contact Justin or Rebecca with any issues.

08-15-2008, 10:42 AM	#7
StuartD Sofa King Band Join Date: Jul 2002 Location: Outside the box Posts: 29,903	such a shame.... amazing that he could fall so far after the life he's lived. __________________ This is me on facebook This is me on twitter

08-15-2008, 10:34 AM	#5
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	leasing it back to ed. Of course if the donald is behind it their is profit going to be made in most cases.

08-15-2008, 10:43 AM	#8
thehand 235 Pound Gorilla Industry Role: Join Date: Apr 2003 Location: Valhalla Posts: 3,467	Nice gesture , isn't the apprentice staring up again in a few weeks? __________________ Tim Siner Who the Fu#k is TimSiner?

08-15-2008, 10:53 AM	#9
TyroneGoldberg Confirmed User Join Date: Sep 2007 Posts: 1,081	Where's Ed chesee? I mean, so what if he hasn't worked in 18 months. At 85 he shouldn't be working anyway

08-15-2008, 10:57 AM	#10
Fat Panda Porn is Dead. Move along. Industry Role: Join Date: Aug 2006 Posts: 13,295	sorry ed

08-15-2008, 12:45 PM	#11
peedy Confirmed User Join Date: Oct 2004 Location: Indiana Posts: 866	Donald I beleive is a very compassionate guy and did this almost purely as a good deed. However Im sure Donald also knows the value is down nearly 50% and over the next 10-15 years (if mcmahon lives that long) the house is likely to appreciate rather than depreciate. And when Ed passes or his family moves.....Donald will sell it for over 100% profit margin.

08-15-2008, 12:53 PM	#12
klaze So Fucking Banned Join Date: May 2008 Location: Adult Marketing Mecca Posts: 2,167	He is obviously buying the house at well below market value and then renting it back to Ed... CHACHING

08-15-2008, 12:58 PM	#13
the Shemp congrats to the winners Industry Role: Join Date: Nov 2001 Location: Echo Beach Posts: 10,891	its sad to see an 85 year old guy with a mortgage... __________________ i use Vacares...so should you Submit your picture galleries to my site...Outlaw TGP

08-15-2008, 04:25 PM	#15
SykkBoy Jesus loves bacon Industry Role: Join Date: Feb 2001 Location: Sin City, Motherfucker Posts: 19,969	I wonder if The Donald will help bail out other people who are going into foreclosure? __________________ Support my new movie “The Second Coming”

08-15-2008, 05:29 PM	#16
bronco67 Too lazy to set a custom title Join Date: Dec 2006 Posts: 29,032	So Ed MacMahon was living paycheck to paycheck after 90 years in showbiz?

08-15-2008, 05:31 PM	#17
Spunky I need a beer Industry Role: Join Date: Jun 2002 Location: ♠ Toiletville ♠ Posts: 133,943	That was a nice gesture __________________ *YOUR INFORMATION HERE*

08-15-2008, 05:35 PM	#18
sltr Confirmed User Join Date: Dec 2002 Posts: 3,191	perfect for trump. look at all the good words peeps are saying about him now.

08-15-2008, 05:47 PM	#19
pornask So Fucking Banned Join Date: Aug 2006 Location: 253-233-241 Posts: 6,518	Don't be fooled. Donald Trump did not buy Ed's house out of compassion. He's a sneaky bastard who doesn’t barf for free, no matter what. This was an investment, he only spends money when there's an undeniable chance to make crap loads in return.