Slim Thug Says Sex Cost Him Real Estate Cash
A classic case of letting yams be your downfall. Slim Thug recently revealed that he has awful credit…all due to chasing cakes. In an op-ed he wrote for The New York Times, Slim Thug explains how knocking down his real estate agent ended up costing him hundreds of thousands of dollars. The rapper says he originally reached out to a real estate agent to help him take advantage of a government real estate short-sale program…but quickly got distracted by her cakes and lost sight of his original goal:
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.
The result was hurt feelings, mixed emotions and resentment, and once feelings are involved, business takes a back seat. After the end of our personal relationship, the deadline expired for taking advantage of the short-sale program. I ended up in foreclosure. So not only did I lose out on money from a potential sale, but I ruined my credit as well. I’ve suffered financially from not being able to do business in my own name and probably lost around $200,000 directly and indirectly through my mistake.
Who would have known that sex would lead to losing money? Obviously, I didn’t. But this is one of the many mistakes that led me to talking more about money as part of my work. It’s 2015, and my credit still isn’t the same. Neither is my net worth, but the lesson I learned is certainly priceless.
Lesson learned…don’t bang where you eat. Although, that one should have been a bit of a no-brainer. SMH.