Major, major props to the reader who sent this #scoup in. This slipped by the editorial board and regulars in our chatroom, but it was sent in as a tip. Please continue to send in tips to keep the site full of great news.
We first reported on TWiT’s lease information when the building was put up for sale. Take a look at the raw PDF (bottom of page 4) for the details. The original lease expired 3/31/2015 and was renewed. The information in the PDF shows it’s at $1.50 per square foot.
| Lease Expiration | Monthly Lease Amount |
|---|---|
| 3/31/2015 | $13,160 |
| 3/31/2016 | $14,100 |
| 3/31/2017 | FMV $??? |
We now have new information, courtesy of the CeHO, from a Google Hangout #Soup was so kind to display for us.
Our transcript (possible errors)
“… restaurant “The Patio” who is buying the building. Warren just responded that he cannot extend us beyond a year next year because of the LOI. The realtor said they would be interested in extending us beyond a year but we will be paying for the basement. Let’s see if the deal goes through.”
| Lease Expiration | Monthly Lease Amount |
|---|---|
| 3/31/2018 | FMV + Basement Rent $$$$ ??? |
One of our editors previously made a video of Leo’s terrible fears that the Shithouse might soon have to close.
Video discussing the restaurant moving in
https://www.youtube.com/watch?v=s8nzU4pShCY
Cropped image #Soup displayed
Raw video
This is here because Leo “Dick Pic” Laporte accuses Total Drama of “photoshopping” as if we’d ever need to.
Is it true you guys are going to ban HelloWorld from new posts because everyone always complains about his shit?
I fully support this! Who’s with me?
GoodbyeWorld» Quote comment
HelloWorld is the owner of this website. You think he’ll ban himself?
And no! Hello World stays! We <3 him.
Nope» Quote comment
The author of the article owns the site. His pattern is using names of people from TWiT as pen names. Click contributors and see Mike Elgum/effendunn/JasonNell/ the newjeffjarvis. This post is a week old he moved to the top.
Mike» Quote comment
“*Everyone* always complains about his shit?”
Speak for yourself, buckaroo.
Holden» Quote comment
“*Everyone* always complains about his shit?”
A person can say that here. Without fear.
HW does not depend on us to spoon feed him answers to keep his outdated podcasts alive.
Not everyone always complains.
Fuck off dick smoker
Hubble» Quote comment
GoodbyeWorld: The editorial board at TotalDrama would like to cordially invite you to eat a dick.
HelloWorld» Quote comment
HelloWorld needs a new comeback line.
Manu Sachdeva» Quote comment
And you need a new way to eat a dick.
HelloWorld» Quote comment
Your poster child for this sites lock of credability.
GoodbyeWorld» Quote comment
The only ones complaining are TWIT shills.
Digital Dynamic» Quote comment
I really hope this is true. His posts are somewhat toned down, less of the attacks on appearance, etc. but he still comes across as mentally unstable and all credibility is lost.
Nope» Quote comment
Nope: Eat a dick.
HelloWorld» Quote comment
So HelloWorld and Holden got nuthin’. They are crap. Give us real news, lamers.
shameful lameness» Quote comment
Well there goes the plan of Leo buying the building after their lease is up. LOL
soupslurper» Quote comment
Well how could they, he spends all of his money vacationing with the CeHo.
Mark Harry» Quote comment
Typically – in commercial and light industrial – basement s.f. especially when not enjoyed as office space and used mainly for storage – even if some of the storage is data, is 50 to 75% less than the s.f cost of the main rentable spaces in most Light Commercial buildings. TWiT is Light Commercial, it is not Retail – if it were, the s.f would be at least 25.00 to 50.00 oer s.f TWiT is getting their space for a fucking steal – $1.50 per.sf.? The basement shouldnt be more then $.75 per s.f. – nowhere near double, iow.
Also, the basement has been declared ‘non-rentable’/’non-enjoyable’ (pick your term) by the Fire Marshall, I highly doubt any owner will be legally allowed to charge anything for the basement use other than metal/glass storage use.
HolyFuckRobin» Quote comment
Nobody else is curious about the second hangouts message?
TboneGreen» Quote comment
Curious? Nah, who hasn’t suspected Kuntsmell of shady accounting leading to the Laportes’ sudden rise in living standards?
If anyone (IRS) should ask, she can say it’s because she sucks ass as an accountant. Univercity of Phoenix (not actually in Phoenix) 4 LIFE.
Jimmy Jam» Quote comment
Actually the University of Phoenix is indeed in Phoenix and started here. They have about half a dozen campuses around the state with most of them within Metro Phx.
Their parent company Apollo Group is here too. BTW yeah, they’re corrupt as hell but what private college isn’t? Still, it’s not a diploma mill from the education side but is from the $$$$ side.
Digital Dynamic» Quote comment
I know it started in Phoenix, but I assumed she did correspondence as that’s what they’re famous for.
Personally I don’t get the point of a college that accepts every single last applicant. Not unless you’re training for the trades or something where you’re getting specific tasks taught to you.
Jimmy Jam» Quote comment
It’s the same reason, $$$ motivates schools that’s why they take everyone, just like former twit employees crawling around under the big boys desk waiting to blow him. $$$. Again those former employees have payments, families and obligations.. I may be too harsh I seem to be that way with the morally bankrupt.
The master puppeteer is still very skilled.
Hubble» Quote comment
Maybe that’s what they’re famous for now but it isn’t what they were famous for back in the late 90’s. In fact they were just getting that whole online thing going. which was always kind of suspect to me. Toward the end they were trying to shove the regular classes into the online programs but charge the same money for the course.
I wouldn’t paint all private universities with such a broad brush though. Yeah, I don’t think there should be a profit motive in education or medicine, seems amoral to me kind of like Leo. But the reason I and many others went there wasn’t because we couldn’t get into a regular college, in fact I started at ASU. Regular college schedules made it impossible to have a full time job and still go to school. That and back then the courses weren’t as targeted making you go through 3 years before you even started on your major and by then the info you got was obsolete.
Digital Dynamic» Quote comment
You can’t buy tech, write it off and then give it away. That my friends is fraud.
Mark Harry» Quote comment
wow..how is that fraud? You are saying you cannot buy yourself a computer then years later give it to a family member? FRAUD!!
What a joke.
Lurker» Quote comment
No, not when it is bought with company funds, you cannot – UNLESS you hire your family members as employees (not contractors), THEN it IS legal.
Every member of Leo’s immedidate family is a TWiT employee, and he has admitted as much, with the possible exception of Mike, due his age.
HolyFuckRobin» Quote comment
Second message say’s transfer 10k to household then 1k after.
soupslurper» Quote comment
Sounds like money management is on the up-and-up.
Belmont’s Fake Geek Glasses» Quote comment
Basement is about the same square footage. Leo previously said the owners couldn’t charge rent for it previously because the ceilings were too low according to business code to include it.
Poster» Quote comment
Fire code, not “businees code” (no such thing)
HolyFuckRobin» Quote comment
Wow, look at that fancy table. TotalDrama is really taking it *to a whole nutha level*. Props.
Bobo» Quote comment
Did Alex Lindsay ( Chief Architect/Chief Executive Officer ) of Pixel Corps mention anything because they share a part of the building ? Odd is that he moved back to Pennsylvania.
Joe Shoe» Quote comment
If I was this liar’s child, I’d be on drugs too.
Belmont’s Fake Geek Glasses» Quote comment
Thats kinda screwed up if then been there over 5 years now and havn’t paid for the basement and all of a sudden they have to pay probably a larger amount for something for years they never had to pay for.
specie8470» Quote comment
They wont and cant be charged, UNLESS the new owners decide to install sprinklers, then , oops, they can be charged even more than premium storage rental! I didnt see that before. The only thing keeping the base,tn from being rent-able was the non-existence and expense of sprinklers, that TWit was not willing to pay for. So IF the new owners want to charge TWaT more than mere storage for the basement, THE NEW OWNERS must install the sprinklers. (of course what idiot wouldnt build that charge into the new higher rent?)
HolyFuckRobin» Quote comment
A buck fifty a square foot? WTF! That’s cheap! I guess TWIT is used to not paying for anything. When I had a computer store back in 06 we were paying $26 a square foot for a space in a strip mall behind an AM/PM!
Anyway, Leo can lie all he wants but I saw the footage real time. DickPic was there. Then during TWIT pre-show he was asking one of his guests about damage control because that was the business the guy was in.
The Internet never forgets!
Digital Dynamic» Quote comment
Computer Store = RETAIL
TWiT = Light Commercial
No comparison on s.f. pricing
HolyFuckRobin» Quote comment
they can move to a new studio. not unheard of or a big deal.
Manu Sachdeva» Quote comment
Agrees. Total drama starts drama over nothing.
joe» Quote comment
TWiT Cottage II
Pibb» Quote comment
They have looked at 4 different spaces, and one of them in San Fran
HolyFuckRobin» Quote comment
The Doctor kicked GoodbyeWorld from TD (look what you did!)
The Doctor» Quote comment
The mere fact that he failed to buy the building himself before setting up studio shows what bad business advice he is getting.
DTO» Quote comment
Are you a CPA or do you just play one on TV?
The Doctor» Quote comment
That is moronic – the building wasnt for sale, Leo tried.
HolyFuckRobin» Quote comment
When they moved in , part of the basement was going to be a maker-space. ( never happened )
Pader has still a chance for a little while to make it his Drone Imperium
Joe Shoe» Quote comment
What about late-night, let alone 24hr programming. Yeah, whatever Leo. Come up with some failed ideas during your next vacation.
The Patrick Klepto» Quote comment
I knew it, the bitch is shady. just like Leo. She knows how to play the business system. Aren’t transactions over 10K tracked or checked? I’m not in finance, but I remember hearing that somewhere. It would be different if they were growing and hiring more people but they aren’t. I hope they do have to pay for the basement. They probably store all of Leo’s toys that he buys and does nothing with. Maybe it will curve his gadget buying…not.
I’m sorry but if you make as much as Leo, there should be no reason to be cheap. The only things he isn’t cheap on are his gold digging whore, his gadgets, his lifestyle, his food. See a pattern here, if it directly doesn’t benefit him he is a cheap ass. That’s why he won’t buy set computers, cause he’s cheap and lazy.
I hope they do have to move out of that shit hole, this way they have to pay real expenses.
Jason» Quote comment
Cash deposits over 10k are monitored.
Mark Harry» Quote comment
All deposits are monitored. Ones aver 10k require paperwork. The IRS and the FBI will nail your ass if you do a lot of just sub of 10k stuff . Its technically not a crime buts its a great way to get put under a microscope. Also to deal with civil forfeiture crap.
Wizdom» Quote comment
ANY single deposit, cash or not, over 10K is reported to the IRS by any legitimate bank.
HolyFuckRobin» Quote comment
You’re not in finance? You’re not even in real life.
shameful lameness» Quote comment
I’d be surprised if Alex Gumpel has even cracked 40k per year. Leo is a cheap ass.
Diego» Quote comment
I can’t believe that’s a living wage in Petaluma.
Belmont’s Fake Geek Glasses» Quote comment
If soup and his wife had common sense they would have saved some cash to buy the building instead of blowing it on overseas trips
rocker182» Quote comment
Fuck, you’re so wise.
shameful lameness» Quote comment
I hope Jason Calacanis buys the place and triples the rent .
Hankster» Quote comment
I think all his money is going to VR devices.
Jimmy Jam» Quote comment
I’m a commercial property lawyer. Nothing you’ve said in this piece matters, is relevant, is insightful or suggests anything unusual. Try harder ass face.
Seriously?» Quote comment
I’ve known a lot of lawyers in my time, some of them in commercial litigation and real estate practice. I can tell you none of them get very excited over a post on a website unrelated to their own practice. If you’re truly a lawyer you’re likely a new associate. Partners don’t have time for this kind of thing.
Digital Dynamic» Quote comment
I’m a judge, the Prince of Atlantea (Vega star system) and a member of the Avengers, and you’re full of shit.
Belmont’s Fake Geek Glasses» Quote comment
Dont trust a lawyer that uses words like assface
HolyFuckRobin» Quote comment
You are all full of shit except Digital Dynamic. He spells real good.
Lord Marshal of the Necromongers» Quote comment
I brought the universe into this world and I can take it out. I also have a lawyering license. Leo Laporte is a piece of shit.
God-Satan MegaZord Singularity» Quote comment
I remember when he got this place his said his lease had an option to buy . If this is true i but he really wishes he had done that before..
Wizdom» Quote comment
Has Harry’s really changed the way we shave?
justthisguy» Quote comment
Leo shaves his butt tattoo with Harry!
Or is that his hairy butt? 😀
Mac en Tosh» Quote comment
Things I hope:
1) Leo gets eaten by an alligator while on vacation.
2) Lisa takes over and has her son, Michael, broadcast podcasts 24 hours a day from the hot tub.
Big Jim» Quote comment
Big Jim,
Both are noble ideas. Leo is no longer relevant to tech.
He hasn’t been for years. He’s the old worthless Radio Shack TRS-80 of today. He’s leaving very slowly one forkful at a time.
I do hope he eats well on vacation.
Lord Marshal of the Necromongers» Quote comment
If there’s one thing no was has to worry about, it’s that Leo Laporte’s pie hole will be well fed.
The Patrick Klepto» Quote comment
hi guys,
I’m new to this (and it’s fairly amusing!). Could somebody tell me where all this talk of declining revenues and financial woes Cokes from? I’m genuinely fascinated. I don’t get sense they’re doing that well as he seems to get through loads of people and does some stupid things but have actual figures been revealed ? Thanks !
Josh» Quote comment
I think the word “coke” in the last comment is significant.
Lurker» Quote comment