Dr. Terry Dubrow explained why the Beverly Hills mansion he and Real Housewives of Orange County‘s Heather Dubrow sold was such a “fail.”
During an appearance on the Between Us podcast, the Botched doctor detailed how they lost almost $6 on the transaction.
Tell me why-ee:
On the heels of a Vegas trip to see the Backstreet Boys at the Sphere, Dr. Terry broke down the numbers.
“We lost $5.8 [million]. I’ll tell you why.”
“We bought the supplies for the guest house,” explained Terry. “We did a lot of stuff to the property [and] we occasionally stayed there.”
“If you’re in Los Angeles and you sell a house that’s over $10 million dollars, you have to pay 5.5 percent of the gross to Los Angeles.”
Despite buying the house for $16.1 million and selling the space for $16.5 million, the couple assured fans they didn’t break even. “It was a gigantic fail,” Terry added.
“So if you don’t like us, congratulations. We bombed. We got killed on that house.”
Soon to be empty nesters:
Earlier this year, Heather shared that her kids moving out of the house factored into the decision to sell the BH estate. Twins Max and Nick, 21, and Kat, 18, no longer reside with them. Their youngest child, Ace, 14, is the last of their kids still at home.
