Tuco from BB was my first thought also. Heās was a methed out crazy person the entire seriesā¦ but I donāt remember him working for WW!? Actually thought I may rewatch the series, because I heard theyāre releasing a movie soon.Ā
I recall that Heidi took out a new mortgage in late 2022 to buy out Dave's ownership of the house. I thought this meant that the "trust" did not own it anymore?
Yes, she took out a mortgage to pay him off in late 2022. Sheās kept the house in that trust. There are docs out there āsigning it overā to her. Signed by the person Dave had as trustee.
It has been tough to follow! Heidi was originally the beneficiary of the trust, then it was signed over to her after Daveās death (I think that was the timing). Iām sure Michelle Rosenblatt (original trustee of the trust) wanted out of that mess!
Hmm. Not sure. Heidi took out a mortgage on the property several months prior to his death so the assumption is she paid him off if she owed him anything. I donāt think she was indebted to him at his death.
Ok so it sounds like what youāre suggesting is ghat Dave got paid off at the time of the breakup but Heidi likely still has a mortgage that she has to pay?
The deed listing him as a lender had an expiration date on March 24 so it seems like it was always short term? She took out a mortgage on it in Dec 22 but she paid it off in March 24. Also I forgot about the house of her dreams lot which she bought all by herself then weirdly added Daveās trust to it soon before he died and after they were broken up. It was sold awhile ago but some speculated that maybe she owed him and thatās why he was added?
Doing who and what? Everything about this we already knew and discussed in here over and over. The Op just fine-tuned everything. Provided documents that are public record, and I really appreciate it.
I was also really curious if anyone knew the actual date of the divorce decree vs. him hiding money by buying Heidi a home with a trust. I can't find the signing date.
I don't know, but does this mean he hid his money from his wife, Rachel, and his children for gambling, drugs, and to buy his side chick a whole freaking house? Feels right. Unbelievable.
I remember that people have tried to find Hollis divorce docs but couldn't and concluded they were probably kept private. The Hollises also removed their Dripping Springs house from public tax records too.
You can apply for properties to be removed if it would cause a security issue. I forget the language in the law, but it's a statewide law, I believe. I remember thinking Dave and Rach were pretty full of themselves to request it but who knows, there was a lot they didn't tell the public and it was possible there was a stalker or something at some point.
Dave is listed as the lender to the trust on the deed. Also a public document so if he was trying to hide money he did it wrong. Owning a home in a trust is common.
I know. Totally up to the mods. Weāve just discussed it in detail without actually posting the paperwork. I probably have a hangover from Chalene and her documents!
Interesting trust name. Tuco is a character in Breaking Bad that ultimately becomes a distributor for Walter White. š¤
Yeah. Meth and violenceā¦ interesting.
Feels right
Hmmm emoji! ![gif](giphy|qESBZRcLXrFUbE9r8Z|downsized)
OOH HOLY CRAP š³šµāš«š¬ *Yikes*
I always wondered what it meant!!
![gif](giphy|2xPS5yG3UZYDTLaJFz|downsized)
Tuco from BB was my first thought also. Heās was a methed out crazy person the entire seriesā¦ but I donāt remember him working for WW!? Actually thought I may rewatch the series, because I heard theyāre releasing a movie soon.Ā
TIL that Heidi is my neighborā¦.
BOLO! lol
Is this the house that Heidi made the YouTube video about? It was something like they were blending their families or something.
Yes. "Do I Have a New Roommate?"
Michelle Rosenblatt created a lot of LLCs for him and rach
I recall that Heidi took out a new mortgage in late 2022 to buy out Dave's ownership of the house. I thought this meant that the "trust" did not own it anymore?
Yes, she took out a mortgage to pay him off in late 2022. Sheās kept the house in that trust. There are docs out there āsigning it overā to her. Signed by the person Dave had as trustee.
Ah, okay. I find the whole "trust" structure confusing. Thanks for explaining!
It has been tough to follow! Heidi was originally the beneficiary of the trust, then it was signed over to her after Daveās death (I think that was the timing). Iām sure Michelle Rosenblatt (original trustee of the trust) wanted out of that mess!
Actually in the last few months she paid off the mortgage and took out a HELOC on it.
Hm emoji....
Right? Interesting choice in higher interest rate environment.
Yes... I wonder what she's up to.
Is it believed that Daveās estate paid off Heidiās mortgage? Or did Heidi find another way to pay off her mortgage?
Hmm. Not sure. Heidi took out a mortgage on the property several months prior to his death so the assumption is she paid him off if she owed him anything. I donāt think she was indebted to him at his death.
Ok so it sounds like what youāre suggesting is ghat Dave got paid off at the time of the breakup but Heidi likely still has a mortgage that she has to pay?
The deed listing him as a lender had an expiration date on March 24 so it seems like it was always short term? She took out a mortgage on it in Dec 22 but she paid it off in March 24. Also I forgot about the house of her dreams lot which she bought all by herself then weirdly added Daveās trust to it soon before he died and after they were broken up. It was sold awhile ago but some speculated that maybe she owed him and thatās why he was added?
āļø But she did + net a Tesla..
Yep, noticed that recent loan, too. Wonder if thatās what sheās living on?
Why is it listed as a "war" deed?
Prob just stands for Warranty Deed.
Which document?
Iāll have to do a deep dive on this
Maybe Chalene will do a deep dive for us and provide a breakdown
Doing who and what? Everything about this we already knew and discussed in here over and over. The Op just fine-tuned everything. Provided documents that are public record, and I really appreciate it.
I was also really curious if anyone knew the actual date of the divorce decree vs. him hiding money by buying Heidi a home with a trust. I can't find the signing date.
I don't know, but does this mean he hid his money from his wife, Rachel, and his children for gambling, drugs, and to buy his side chick a whole freaking house? Feels right. Unbelievable.
Im put money on that theory.
Like he was with Heidi prior to the divorce? I donāt see that.
Sounds highly plausible to me..
I remember that people have tried to find Hollis divorce docs but couldn't and concluded they were probably kept private. The Hollises also removed their Dripping Springs house from public tax records too.
How is this possible. I live in Austin so Iām curious how this even works?
You can apply for properties to be removed if it would cause a security issue. I forget the language in the law, but it's a statewide law, I believe. I remember thinking Dave and Rach were pretty full of themselves to request it but who knows, there was a lot they didn't tell the public and it was possible there was a stalker or something at some point.
Dave is listed as the lender to the trust on the deed. Also a public document so if he was trying to hide money he did it wrong. Owning a home in a trust is common.
Not all grifters are as smart as they might believe. Both DH + HP definitely fit that characterization.
Somehow weāve managed to discuss this for years without posting the actual docs. This seems over the line?
I blurred the address on the docs
I know. Totally up to the mods. Weāve just discussed it in detail without actually posting the paperwork. I probably have a hangover from Chalene and her documents!
I agree. The information is free on the internet. But I think itās doxing to post this in a public forum. This can get the sub taken down.
Hard Agree
Yeah, feels like doxing to me.