They say “learning from other people’s mistakes” is an art and a skill, well this H-Town hustler lays out a diagnosis from his experiences in life, business, and the real estate game. Slim Thug Lost About 200K, Says Don’t Mix Business With Pleasure and more in this recent editorial written by himself! Could there be a book or reality show coming from this???
So Slim Thug Lost About 200K, Says Don’t Mix Business With Pleasure during a well written (nod of respect), exclusive op-ed for The New York Times (good look Hip Hop!). In it he recalls a situation where to gain on some money he went into real estate, specifically short-sales of houses per a new grant by the Obama administration. It might have been all good, but, then…”in she walked in” one could say (SMH).
Since then Slim Thug Lost About 200K, Says Don’t Mix Business With Pleasure after the relationship got so hot and heavy they lost sight of number 1. Vibe reports on his highlights:
“There’s never much surprise when hearing stories of artists mixing business with pleasure, but it is surprising when too much mixing results in the artist ending up with financial losses.
A few years ago, I was living in a five-bedroom house. Because of the delicate real estate market Houston was facing, I was interested in selling my house to buy another one. While planning this business move, I heard about an opportunity the Obama administration was offering that would assist homeowners with short-sale deals, where the lender settles for a sale price below the amount owed on the mortgage. I jumped on the opportunity and reached out to a real estate agent to assist with the process.
It didn’t take long to find an agent, and over time we became very close. In fact, we became too close and found ourselves at a point where pleasure became more important than business.”
…mhmm, that’s #RealTalk! Thugger’s no stranger to breaking it down for the public either. It was only last year he explained the definition of a “thug” to CNN viewers and now the story of Slim Thug Lost About 200K, Says Don’t Mix Business With Pleasure falls right in line with his resume of wisdom. Do you appreciate him looking out with this? Have you ever been in this situation before and does it always fail???
Read the full story here. Check the vid and the gallery up top!
