This week, Nelly’s crumbling Missouri Estate was listed on the real estate market for surprisingly lower than you’d expect from a successful rapper. The massive property, which is located in Wildwood, just outside of St. Louis, was purchases 19 years ago by the “Hot in Herre” hitmaker.
💪🏽💪🏽💪🏽 https://t.co/gyYz9Tv7Zd— Nelly_Mo (@Nelly_Mo) January 26, 2021
Rappers and losing their homes is unfortunately more synonymous than you think. Because of how fast a lot of artist become successful, and how quickly their spotlights fade, its been an endless loop of overzealous stars making big purchases only to have to give them up years later when the money dries up.
Famously, rappers like Soulja Boi, Young Buck and Chamillionaire have suffered similar fates. Speaking on his foreclosure in 2010, Chamillionaire said “I decided to just let it go and give it back to the bank,” he told TMZ. “It wasn’t a situation where they came and took it from me. I just didn’t feel like it was a good business investment to keep paying that much mortgage for a house that I’m never at.”
Trick Daddy had to hand over his $320,000 home no doubt thanks to a reported $157,000 debt to the IRS for back taxes back in 2012.
For Nelly the situation is a bit different. The rapper allegedly brought the home as an investment property to flip for a profit. He had planned to work with a contractor and get the house in order for the next owners but never got around to it. 19 years later he just seems more eager to get rid of it all together and start fresh.
The house, which has been described as crumbling, is currently listed as a jaw-dropping price of $599,000. It features six bedrooms, seven bathrooms, a game room, and a media room, sitting on nearly twelve acres of land. It also has a basketball court and is only 30mins west of St. Louis.
Nelly was recently in the new thanks to his former collaborator and friend Ali. The two where childhood friends and both members of the St. Lunatics, the rap group that was ultimately overshadowed by Nelly and his monster success. Ali claims he started the group, and worked very hard to keep them together, even turning down deals as a solo act and fighting to keep Nelly on songs when they label didn’t like his verses. Nelly however, became the break out star, and according to Ali, abandoned them.
In a lengthy instagram rant, he said “So you need me to get you here , but now that you’re here ….’I don’t need you anymore’,” he claims. “I said ok, i’ll stay here and I won’t help him write!! Some kind of way I ended up going …I ended up helping him write … but got no credit!! Wow !! I got hustled !! …..”