Counting On: Jim Bob Purchasing Another Property To Add To His $4.4m Real Estate Empire
Duggar patriarch Jim Bob is keeping up with the pace of the new normal. With regards to this, the reality star is planning to add another property to his investments. Recently, he was spotted in a mask-free look around a disused former workshop close to his Arkansas home. Let’s have a detailed look at his recent potential acquisition.
Counting On: Jim Bob Spotted Around A Disused Workshop
Recently, the paparazzi spotted Jim Bob strolling by a disused former workshop close to his Arkansas place. This might be another investment for him to add to his $4.4 million real estate empire. According to The Sun, the old building has four homes, three commercial buildings, and 13 plots of land. A point worth noting is that Jim Bob already owns their family home and its 20 acres, bought for $300,000 in 2000. Additionally, he does rent out his commercial properties to others for business purposes.
All About Jim Bob’s Real Estate Empire
Jim Bob is a man of several properties. Apart from the Duggar family home and attached land, he purchased additional parcels of land in September 2014 for $400,000. Add to it, his 3-bedroom, 3-bathroom Springdale, Arkansas home that Jim Bob purchased in 2015 for $450,000. Not to mention, it is touted to be one of his most expensive properties. Moving ahead, the popular reality star bought 1.292 acres of land in 2013 for $10,000. They’ve also spent $225,000 on commercial real estate in 2010 and purchased a run-down home in 2017 for $116,031.
How Does Jim Bob Make Money?
Counting On star is an active real estate agent apart from doing the TLC reality show. According to a source close to the couple, the two love the construction business. They prefer flipping the properties and improve on their assets. It is interesting to note that Jim Bob continues to gift his houses to his children. For instance, he purchased a property for $30,000 in December 2010 and later gave it to Joy-Anna and her husband, Austin Forsyth, in 2019.
Jim Bob has a few streams of income, one of which is Counting On. It is estimated that he earns about something in between $25,000 and $40,000 per episode. His way of dealing with the TLC for the show hasn’t gone well with his family members, especially Derick and Jill Dillard. The couple has accused him of controlling the finances without telling them.
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