Tyler Perry Real Estate Investor

Tyler Perry is an immensely talented screenwriter, director, producer, actor and author. His film and TV credits are so diverse and extensive; it seems like the work of 5 different people. Simply stated, Tyler Perry is an entertainment mogul who has had the ability to translate his talent and creative energy into a successful entertainment career. His success as a diversely-talented entertainer is likely a direct result of his skills and intelligence as a businessman. With so many eyes on his work as a producer and actor, many of his fans may not have recognized his abilities as a real estate investor. Of the many roles that Tyler Perry wears with ease, ‘savvy real estate investor’ is definitely one of them.

Tyler Perry Entertainer Extraordinaire

The question is and always has been; is there anything this extraordinarily talented and gifted man cannot do? Tyler Perry is a playwright, television series creator, screenwriter, director, producer, actor, author and songwriter (gospel genre). He quite simply does it all. According to Forbes Magazine in 2011, Perry was the highest paid person in the entertainment industry. His work has long been praised by the likes of Oprah Winfrey and Goldie Taylor of MSNBC. He has won a number of awards, including a BET Comedy Award (2005), a Black Movie Award (2006), Boston Society of Film Critics Award (2009), ShoWest Convention USA Visionary Award (2011), Image Awards (2011, 2013), and a Razzie Award (2014). He has been nominated for awards no less than 30 times (Tyler Perry IMDB).

Movies Produced by Tyler Perry

Tyler Perry first came to popularity with the worldwide viewing audience when he created and starred as Madea in his first movie, Diary of a Mad Black Woman (2005) and continued the character in Madea’s Family Reunion (2006). Following that success, Madea has since been featured in many films, including Madea Goes to Jail (2009), Madea’s Big Happy Family (2011), A Madea Christmas (2011), and Madea’s Witness Protection (2012).

Some of Tyler’s other movie projects include, Why Did I Get Married? (2007), Meet the Browns (2008), The Family that Preys (2008), I Can Do Bad All By Myself (2009), Why Did I Get Married, Too? (2010), Alex Cross (2012), and Tyler Perry Presents Peoples (2013). His latest film is called The Single Moms Club premiered on March 14, 2014 (Tyler Perry IMDB).

Tyler Perry’s TV Shows

As if he has not remained busy enough writing, directing, producing and starring in a long string of movies and plays, Tyler has found time to leave his mark on television, as well. His original series include such offerings as Tyler Perry’s House of Payne which ran for 8 seasons (2006-2012) and the 140 episodes of Meet the Browns (2009-2011).

In 2012 Tyler partnered up with Oprah Winfrey to create original series for the Oprah Winfrey Network (OWN). He began with Tyler Perry’s For Better or Worse (2011) which is based on the Why Did I Get Married films. This was followed by his soap opera style series The Haves and the Have Nots (2013), Love Thy Neighbor (2013) and The Single Moms Club (premiere March 14, 2014) based on the movie of the same name.

Tyler Perry Real Estate Investor

Tyler Perry enjoys buying homes and selling them for a profit. Through the real estate market’s highs and lows, Perry will wait years to sell his properties at the perfect time to turnaround a profit. In 2006, he bought a Hollywood Hills mansion for $9.6 million; it took a three year process of re-listing the home a total of five times to finally sell it for $11.25 million – a profit $1.65 million (Huffington Post). In comparison to Perry’s history with his Dean Gardens property in Georgia, his Hollywood Hills investment was fairly uncomplicated. In July 2010, Tyler Perry purchased the Dean Gardens mansion and estate in St. Johns Creek, Georgia at the incredible low price of 7.6 million (originally listed 17 years prior at $40 million). At first, it appeared that Perry acquired the 32,000 square ft., modern neo-classical mansion to enjoy as a luxury personal home. Soon after closing on the home, The New York Times reported on Perry’s original intention “to demolish the whole compound and build his own home, one that is environmentally friendly and made of concrete.” The news of Perry’s plan to buy and tear down one of Georgia’s finest and most talked about private homes quickly shook the mansion’s neighboring community and Georgia media outlets. In February 2014, the press revealed Perry’s new decision to halt plans on building a new mansion on the property and instead sell it to make a return on his investment. WSB-TV Atlanta reported Perry’s intention to sell the 58-acre estate to Lennar Homes (Feb 24, 2014). The home developers have already drafted plans to raze the estate to build 74 lots.

Ideal Tyler Perry Home

Tyler Perry enjoys homes with large square footage and acreages. If he loves everything about a home, he will keep it for himself; on the other hand, he also enjoys building a custom home from the ground up. Outside of Georgia, the perfect place for Tyler Perry is Reisterstown, Maryland. It is the perfect location for Perry to easily find a spacious mansion on a large acreage, with the option to build upon the property to suit his preferences. The Tyler Perry home must-haves are a large entertainment space, a media room, a wine cellar, and a chef’s kitchen with state of the art commercial-grade appliances.

Tyler Perry Real Estate Investor recap: Based upon the current real estate market, what do you think should be Tyler Perry’s next move: buy or sell?

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