Friday, January 4, 2013

Famous Celebrities Moonlighting as Landlords





Think being a landlord is strictly for the business-oriented individual? Think again! Many celebrities are trying their hands at being landlords, and offering their properties as rentals. One can assume it’s likely the rich and famous property owners are not conducting their own tenant screenings, and instead using a reliable property management company to do their dirty work.

Actor Orlando Bloom owns a 4-bedroom, 3,250-square-foot home in the Hollywood Hills that is on the rental market for $18,000-a-month. The home boasts a library, built-in-barbeque and a swimming pool.

Actress Pamela Anderson put her Malibu beach home up for rent this past summer for $50,000-a-month, but has since lowered the price to the bargain amount of $30,000-a-month. Anderson purchased the home over a decade ago for a $1.2 million.

Leonardo DiCaprio is also sampling the rental market. The actor is asking $70,000-a-month to rent his $23 million Malibu home. The impressive real estate investment sits on a half-acre of beachfront property and includes a 4-bedroom main house, in addition to a 2-bedroom guesthouse. No word on whether potential tenants of this palatial estate will be required to provide employment verification prior to signing a lease agreement.

Many other celebrities are also offering homes to rent all over the country. Oprah Winfrey has a Chicago co-op that is listed for $15,000-a-month, and actress Nicole Kidman has an apartment in NYC with a $45,000-a-month.  In comparison, chef Paula Deen’s Savannah home, which rents for $300-a-night, seems like a steal!

Who knew, nowadays if you are a new landlord or real estate investor, you can say you have something in common with the biggest names in show business!


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