EXCLUSIVE: Spencer Pratt and Heidi Montag Cash-Strapped; Living At Mom's House
Posted on Sep 23, 2010 @ 06:25AM
Cash-strapped reality TV (former) stars Spencer Pratt and Heidi Montag are living in one of his mother's beach homes because they have serious money problems, RadarOnline.com has exclusively learned.
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RadarOnline.com revealed how the couple made a mess of their $5 million Malibu rental home after they planted trees without permission and allowed their dogs to pee on the carpets, infuriating the property's owner.
But according to a source close to the couple, the real reason that they left the house was because they could no longer afford the $20,000-a-month rent.
"The truth is that they are cash-strapped right now and their only real form of income these days is from set-up paparazzi photographs," the insider said.
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"But the U.S. magazines are not really that interested in them anymore and they are becoming increasingly difficult to deal with.
"A lot of the editors know that the recent split story was a complete sham and they realize that there readers can see through it all now too.
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"Spencer thought the shaving off his beard stunt would make a lot of money but he kind of blew it by releasing footage of him shearing it on YouTube.
"Heidi believes that they should be getting paid a lot more money and she has become really demanding now too," the source said.
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"The reality is that they earned a lot of money but did not invest it wisely, spent way too much, and now they are in trouble."
Spencer in particular has real problems managing his cash and has spent a fortune on expensive cars like a Porsche Cayenne SUV, a 1968 Camaro and a customized pick-up truck.
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He recently admitted to spending $500,000 on energy crystals saying, "I am so addicted to crystals, it's like a sickness."
Spencer confessed, "I've spent $500,000 on crystals this year. I checked my bank account last night, and I have $203 left. There's a whole science to this. I'm not crazy."
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When RadarOnline.com contacted Spencer Pratt about his and Heidi's financial plight he made light of the situation.
"Broke? I've been wisely investing in a substantial and diverse portfolio of film projects like Tower 69: Beach Patrol and buried pirate treasure. True, I might've lost my pirate map, but my broker's working on that. If you find it make sure you send it back to me. It's got a curse on it!"
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The Daily Juice
So? The point you are trying to make is?
Posted Thu, 09/23/2010 - 3:50pm
They are both finished with acting. Nobody will hire either of them. What's so disturbing is they still get media attention when we all know they are manipulating the media something fierce. Why? They are over.
Posted Thu, 09/23/2010 - 12:39pm
Come back to REALITY! Get REAL jobs! Stop chasing a delusion & live a happier life!
Posted Thu, 09/23/2010 - 12:00pm
Both of you plz DIE!!!
Posted Thu, 09/23/2010 - 9:37am
How about getting a real job!!!
Posted Thu, 09/23/2010 - 9:36am
Looks like their 15min hourglass was picked up from the floor and is FINALLY placed upright and the upper bulb is almost empty of sand…next the Jersy Shore cast.
Posted Thu, 09/23/2010 - 9:23am
One can only HOPE those Guidos flame out soon - and take Lohan with them.
Posted Thu, 09/23/2010 - 12:19pm
The editors of this website ought to learn the difference between they're, there and their. It's really quite simple.
Posted Thu, 09/23/2010 - 9:13am
How many people who have money problems go to Costa Rica for a month?
Posted Thu, 09/23/2010 - 9:00am
I just logged on to say the same damn thing.
How can you be sympathetic for asshats who live in a $20k/mo place and go through money like they are printing it.
Coming to your TV in Summer 2011 - "True Hollywood Story: The Speidi Suicides"
Posted Thu, 09/23/2010 - 12:18pm