Anonymous
06/05/2017 14:36
Subject: Re:2017 RHOP
Anonymous wrote:The Karen house sale storyline hasn't made a lot of sense until Charisse's recent comments insinuating financial troubles are at the source of the sale (not a true desire to downsize)
* The house was listed as far back at 2014 (for $2.5M). The asking price was eventually cut to $1.75M. Somebody with better internet skills can probably find out what it actually sold for
* Karen stated she had a $10K monthly mortgage. That's a big nut to crack each month.
* While Karen refers to her husband as the black Bill Gates, it's worth taking a closer look at his career
----> He worked for IBM for 25 years, culminating as a regional manager
-----> He co-founded or was asked to run a start up in 1991 and was the CEO for 20 years
-------> By the time he and Karen bought the Potomac McMansion (~2004), his stake in the company, Paradigm Holdings, was worth about $40M (12M shares at $3.25/share) ...on paper
---------> That valuation was precarious, because paradigm seems to have gone public as a microcap reverse merger. Never a sign of a solid, growing company. In fact, the company generated about $60M in revenue in 2004 but that number shrank to $40M by 2008 and the company was losing money
------------> By 2010, local defense contractor CACI bought Paradigm for ...$0.29 per share. At the time, Raymond held about 10M shares so his take was < $3M
--------------> Not hard to imagine needing to make some adjustments commensurate with that significant apparent drop in wealth
https://www.zillow.com/homes/for_sale/9-potomac-school-ct-potomac-md_rb/?fromHomePage=true&shouldFireSellPageImplicitClaimGA=false&fromHomePageTab=buy
It sold for $1.685 Million.
It needs a ton of work to update including all the bathrooms and the kitchen. for a 2 acre property, the background is pretty bad. Most people in that neighborhood with 2 acres have a pool.
Anonymous
06/05/2017 12:44
Subject: Re:2017 RHOP
Looking at the furniture, decor and general condition of Karen's house I dont think they could ever afford much past the mortgage payment. They were typical house poor. Also she mentioned in an interview needing to sell before she bought "because who wants two mortgages" and I thought to myself they are pretty old not to have their primary residence paid off???
Anonymous
06/05/2017 12:31
Subject: Re:2017 RHOP
The Karen house sale storyline hasn't made a lot of sense until Charisse's recent comments insinuating financial troubles are at the source of the sale (not a true desire to downsize)
* The house was listed as far back at 2014 (for $2.5M). The asking price was eventually cut to $1.75M. Somebody with better internet skills can probably find out what it actually sold for
* Karen stated she had a $10K monthly mortgage. That's a big nut to crack each month.
* While Karen refers to her husband as the black Bill Gates, it's worth taking a closer look at his career
----> He worked for IBM for 25 years, culminating as a regional manager
-----> He co-founded or was asked to run a start up in 1991 and was the CEO for 20 years
-------> By the time he and Karen bought the Potomac McMansion (~2004), his stake in the company, Paradigm Holdings, was worth about $40M (12M shares at $3.25/share) ...on paper
---------> That valuation was precarious, because paradigm seems to have gone public as a microcap reverse merger. Never a sign of a solid, growing company. In fact, the company generated about $60M in revenue in 2004 but that number shrank to $40M by 2008 and the company was losing money
------------> By 2010, local defense contractor CACI bought Paradigm for ...$0.29 per share. At the time, Raymond held about 10M shares so his take was < $3M
--------------> Not hard to imagine needing to make some adjustments commensurate with that significant apparent drop in wealth
* The house was listed as far back at 2014 (for $2.5M). The asking price was eventually cut to $1.75M. Somebody with better internet skills can probably find out what it actually sold for
* Karen stated she had a $10K monthly mortgage. That's a big nut to crack each month.
* While Karen refers to her husband as the black Bill Gates, it's worth taking a closer look at his career
----> He worked for IBM for 25 years, culminating as a regional manager
-----> He co-founded or was asked to run a start up in 1991 and was the CEO for 20 years
-------> By the time he and Karen bought the Potomac McMansion (~2004), his stake in the company, Paradigm Holdings, was worth about $40M (12M shares at $3.25/share) ...on paper
---------> That valuation was precarious, because paradigm seems to have gone public as a microcap reverse merger. Never a sign of a solid, growing company. In fact, the company generated about $60M in revenue in 2004 but that number shrank to $40M by 2008 and the company was losing money
------------> By 2010, local defense contractor CACI bought Paradigm for ...$0.29 per share. At the time, Raymond held about 10M shares so his take was < $3M
--------------> Not hard to imagine needing to make some adjustments commensurate with that significant apparent drop in wealth
Anonymous
06/05/2017 11:44
Subject: 2017 RHOP
I like Monique, but she dresses real Jersey Shore ish; tacky.
Anonymous
06/05/2017 09:09
Subject: Re:2017 RHOP
I think spending 30k on a childs party/dedication is so beyond stupid. I mean you can buy 2k worth of liquor, 2k worth of decent catering (fill in with sheet pizzas and wings) and just let the pool be the "entertainment" and be done with it. Sprinkle in some lifeguards and maybe a DJ and still keep it under 5/6k. You have to be seriously crazy wealthy to be spending that kind of money every single year x how many kids you have.
Anonymous
06/04/2017 22:22
Subject: 2017 RHOP
Anonymous wrote:Anonymous wrote:I know a lot of people don't like her, but I find Karen's mannerisms hilarious. I loved when she "fired" Cherise from co-hosting the trip.
Me too. She is like a caricature. I think she says such ridiculous things she can't help but laugh at herself. I'm guessing all for tv and she is totally normal and nice in real life.
+1 for Karen
I think this is what Robyn's therapy sessions are, too. No way a licensed therapist would let a reality show film a session with a patient; I remember reading that Robyn and Juan are playing the drama up for the cameras, even
Anonymous
06/04/2017 21:47
Subject: 2017 RHOP
Anonymous wrote:I know a lot of people don't like her, but I find Karen's mannerisms hilarious. I loved when she "fired" Cherise from co-hosting the trip.
Me too. She is like a caricature. I think she says such ridiculous things she can't help but laugh at herself. I'm guessing all for tv and she is totally normal and nice in real life.
Anonymous
06/04/2017 21:45
Subject: Re:2017 RHOP
Ashley's husband is such an ass and I hope she leaves him while she is still young. So controlling and pathetic at the same time. She can do so much better. I don't understand why Karen would move to Great Falls. Not really a good place to go to downsize. There is more to this - black Bill Gates may be having some financial troubles.
Anonymous
06/04/2017 21:39
Subject: 2017 RHOP
I know a lot of people don't like her, but I find Karen's mannerisms hilarious. I loved when she "fired" Cherise from co-hosting the trip.
Anonymous
06/04/2017 21:35
Subject: 2017 RHOP
I think Monique and Chris are a very sweet couple. Loved seeing them putting their kids to bed. Amidst all their wealth, they do seem down-to-earth. I'd like to see her family featured more - parents, siblings, etc. I wonder what they're like.
That said, I hate how she dresses to go out to casual places, like the Top Golf outing. She looked like a hooker - not good. Same with Ashley. Just put on some sneakers, ladies! Does your cleavage need to be on display at all times?
I thought Karen's photo shoot was so tacky. Yuck. I'd be cringing if I were her kids.
Robyn: get a clue. Juan just isn't into you. He seems like a jerk who just likes the attention the camp brings to him.
That said, I hate how she dresses to go out to casual places, like the Top Golf outing. She looked like a hooker - not good. Same with Ashley. Just put on some sneakers, ladies! Does your cleavage need to be on display at all times?
I thought Karen's photo shoot was so tacky. Yuck. I'd be cringing if I were her kids.
Robyn: get a clue. Juan just isn't into you. He seems like a jerk who just likes the attention the camp brings to him.
Anonymous
06/01/2017 23:15
Subject: Re:2017 RHOP
Anonymous wrote:Anonymous wrote:Anonymous wrote:I know that much of the drama is scripted but I'm curious how AA women feel about the show and its cast. Particularly AA women in the DMV.
I like them better than the Atlanta ladies...but they are pretty boring.
I'm black and live in MD and love the show!! I like that they're kinda boring -- they actually seem like halfway decent ppl who would be friendly in real life. I prefer the more run-of-the-mill drama they have to the over-the-top stuff on other Housewives series but it may be that because I'm local I just like seeing places and people I relate to.
+1
I always prefer the lower drama RH shows - more to relate to. I'm white, but live in NoVA and enjoy seeing familiar places. My favorite on this show is Gizelle - she never fails to crack me up.
Anonymous
06/01/2017 23:11
Subject: 2017 RHOP
Anonymous wrote:Which one are you talking about?Anonymous wrote:I know one of them and she is definitely being portrayed accurately this season -- last season was nothing like her in real life.
Must be Karen...she's the only one with a big personality change.
Anonymous
06/01/2017 23:05
Subject: 2017 RHOP
Which one are you talking about?Anonymous wrote:I know one of them and she is definitely being portrayed accurately this season -- last season was nothing like her in real life.
Anonymous
06/01/2017 21:43
Subject: 2017 RHOP
I know one of them and she is definitely being portrayed accurately this season -- last season was nothing like her in real life.
Anonymous
06/01/2017 21:09
Subject: Re:2017 RHOP
Anonymous wrote:Anonymous wrote:Anonymous wrote:I know that much of the drama is scripted but I'm curious how AA women feel about the show and its cast. Particularly AA women in the DMV.
I like them better than the Atlanta ladies...but they are pretty boring.
I'm black and live in MD and love the show!! I like that they're kinda boring -- they actually seem like halfway decent ppl who would be friendly in real life. I prefer the more run-of-the-mill drama they have to the over-the-top stuff on other Housewives series but it may be that because I'm local I just like seeing places and people I relate to.
+1