Congratulations to all three of them, but can CNBC Make It editors be honest with their titles for once? How about changing it to: "I Bought A $750K House At Age 23 With Two Other People" ?
Even if you have a sibling and their wife, is this really even an arrangement you would be comfortable with? The house doesn't look like a duplex or a multi unit home. What will happen if one or both people expands their family? I hope they worked out a legal arrangement if their relationship sours
I plan to retire or reduce my work hours in five years, and I'm interested in how others allocate their income between savings, spending, and investments. I currently earn about $175K annually but haven't built up much in savings so far.
There are numerous strategies to achieve high yields during a financial crisis, but it is crucial to undertake such trades with the guidance and supervision of a professional financial advisor to ensure informed decision-making and risk management.
That's true. I've been assisted by a financial advisor for almost a year now. I started with less than $200K, and I'm just $19,000 short of half a million in profit.
Julianne Iwersen Niemann is the coach that guides, you probably might've come across her before I found her through a Newsweek report, she's quite known in her field, look-her up.
I agree with you!! Money actually grow on trees but only on trees that was planted by you!! These tress are referred to as investments. How you diversify your investment portfolio matters
*I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.*
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
People dismiss the importance of advisors until they are burned by their own emotions. I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. He has helped me raise my reserve from $275k to $850k, despite inflation.
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
I'm just starting to invest, and honestly, I keep hearing so many mixed opinions about asset allocation. Some people swear by ETFs and index funds because of the broad market exposure, but others mention how underperforming stocks within them could dilute returns from stronger performers. It’s got me wondering, should I be more selective now, especially after seeing my portfolio take a hit right as I started? The uncertainty is making me second guess my choices, and I want to ensure I’m on the right path to hit my goal of early financial independence. I don't know If I'm just overthinking this, or if I should be more cautious
I’m nearing retirement myself, and I had similar concerns. I started investing later than most, and just relying on ETF compounding wasn’t cutting it for me either. After working with a financial advisor, I managed to restructure my investments and am now on track to retire with around $5 million. If I hadn’t sought advice, I doubt I’d be as confident in my plan right now
I usually steer clear of recommending specific people because financial needs are so personal. But I can say that working with Emily Ava Milligan has made a world of difference for me. I noticed her strategies are tailored to fit personal goals and make sense for different needs. It might be worth exploring to see if her approach resonates with you
I have many Asian friends that are successful. Like her, most of them live with family even as adults. They don't fall into western idea that you have to waste money to feel "independent". They are proud of their relationships with their families and their success is often a result of that.
Yup where I grew up we had Asian neighbors and they did the same. American culture needs to change would aid us a lot. In 33 and moved out my parents at 27
Eventually if she wants to have her own family the house might not be big enough for all of them especially if her brother also wants to start a family
@joeswanson733 Yes, I believe it's all about the equity. If she didn't buy this house with them, she would have spent the same amount renting in the city so it makes sense to use the money towards owing this property. Whenever they need her to move out, they can do they math and work something out: at worst they can refinance the house. I was actually thinking about where guests would stay if they came to visit e.g her mother or brother or her sister-in-law's family members. She can definitely still live with them till her brother's first born child is 7 years old or till when she decides to get married. Once the baby comes, her office will become the nursery. There are 3 people paying for the house so each person should get a room.
I come from a Hispanic family that immigrated to NYC in the 90s, bought my first house(duplex) at 22 which is being rented out while I was living with my parents. I’m 28 now and bout to be 29 in almost a month from now and I still live with family to make it easier to save for more houses or a condo, especially in today’s economy. Forget about society’s standards and do what you gotta do to succeed!
I’m closing in on my retirement and I’d like to move from Minnesota to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways?
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Can you provide instructions on how to contact your advisor? I'm experiencing erosion of my funds due to inflation and looking for a more profitable investment strategy to make better use of them.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
welcome to 2024 america, instead of purchasing a home alone, you have to do so by splitting it with 3 people. really she can only afford a 250k home on her income.
Which makes sense lol when she only makes 94,000 a year lol. This video is such a waste because no one making that could afford a 750k home by themselves.
Listen, why would you trick me into watching this with your misleading title? No 23 year old girl purchase this house for $750,000… She joined her brother and his wife to make the purchase TOGETHER. Either change the title or include the brother and the wife along the image. As soon as it was stated, I post this comment and I’m exiting. Not even watching the rest because it’s a lie! YOU LIED CNBC Making It
I don’t think this was a good idea. She only owns a 3rd. She’ll probably lose her office room when her brother has a kid. The situation will eventually get weird but who knows.
I thought the same too in situation like this its usually house that's either with a. Guest house or basement in which additional family can expand this house isnt big enough if she or her brother has. A family
I agree… she kinda screwed herself in a lot of ways. Her brother and the wife will win when they have a child in the next literally couple of years… how does one live with a screaming child?! And how awkward bringing potential marriage minded men into that environment. Just dud after dud.
But they have all the power in this situation since they own 2/3 of the house. What happens if they aren't able to buy her share or if they don't want to, but decide they want a kid? Very risky for her.
This is actually bs. The title is extremely misleading. She didn’t buy jack by herself. She bought a house with 2 other people. I stopped watching the moment she revealed that it’s a group buy.
Spend your money wisely-invest in quality where it counts, for it often outlasts the cost of cheapness. Yet, remember that sometimes the simplest, least expensive option is the real gem in disguise.
I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Stephanie Janis Stiefel. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, I was able to scale this quickly to $150,000. If I can do this in a year, anyone can.
@@JessieeAlmarWell her name is 'STEPHANIE JANIS STIEFEL'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Last year, I was working full time, budgeting groceries, unable to afford date nights, and missing time with my kids. Now I learned how to make money online. Now am a SAHM, homeschooling, and making profits every week.
Everyone needs more than their salary to be financial stable. The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns.
I’m looking for something to venture into on a short term basis, I really need to create an alternate source of income, what do you thing I should be buying?
I’m Asian however I could never live with family members or others. It results in conflict and could ruin relationships. I need my space. Joint investments is never a good idea. Just my thought!
@@shuwu7125 it’s easy when you’re a child however it will not work out when you become adult because you need your space especially when in laws are in the picture
The only way this would make sense if the house was huge like 5-6 bedrooms 5 bath than there would be enough space for her or a guest house (those properties with a front and back house)
*Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Mary, and her helpful guides.*
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.
You just mentioned Expert Mary, Indeed, wow that woman has been an incredible mentor to me, imparting a deep understanding of the economy that I wish college had provided.
I know Mary, she has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of lives.
I usually look up your videos for updates! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve. Thank you Mrs Emily L Romano, imagine investing $12,000 and received $305,500.
Mrs Emily L Romano was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Emily L Romano.
the first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional
Very very misleading title, three incomes streams with a mortgage, I think most people understand that 'buying a house' and 'buying a house with a mortage' are two different things.
I am 22 years old, lost my dad about half a year ago and I am going to receive some money soon. Would it be smart to grow my money in stocks for a few years while I am in college and then invest in rental properties afterwards, or should I go for real estate investing first?
I would advise the counsel of a seasoned financial pro. It may seem expensive, but as the old saying goes - "you get what you pay for" "Expert solutions require Expert providers" - my mantra
Agreed, investing with the help of an advisor set me up for life. Retired with about $1.6m in stock portfolio only. I worked hard everyday as a teacher for 32 years, and my salary was over 100k annually. Supplementing my income with stocks and alternative investments helped me achieve early retirement.
@@beautifulpeopleonearth I've worked in real estate for over 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.. mind if I look up the professional guiding you please?
Annette Louise Connors is the licensed advisor I use. Just google the name and you'd find basic info. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
thanks for putting this out, curiously inputted Annette Louise Connors on the web, spotted her consulting page and was able to schedule a call session, she actually shows a great deal of expertise.
It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Brian! Imagine i invested $50,000 and received $190,500 after 14 days
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
Creating wealth entails establishing positive routines, such as consistently setting aside funds at regular intervals for sound investments. Financial management is a vital subject that many avoid, often leading to future regrets. I wish everyone reading this the best of luck in achieving success!
As a beginner investor, it's essential for you to have a mentor to keep you accountable. My self, I'm guided by Caitlin Albrecht. A widely known crypto consultant
Ouch! Her brother and his wife....and she still has Student Loans...and her shaky foundation is built on her brother and sister-in-law having a non-disruptive marriage. Please tell me ALL THREE are not on the mortgage. What is the timestamp when she stops talking about ALL the money she is spending and when and how much she has paid back.😳
Thats considered cheap if buying in Toronto, Canada, especially since its a detached. If it was selling here, it would’ve probably fetched about $950k CAD.
@@joeswanson733 Think of it this way. With the debt, I basically am working for free for the next few years to pay off the debt. Do you want to work a hard job for free for a few years? And then if you still have your passion you are 35 starting from scratch. Alot of my friends are doing the ten year forgiveness but then you can't make as much money because you are working in public health sites that don't pay as much. Everyone think doctors make money but if you ask them for their net worth at 35 I promise you its around zero, unless mommy and daddy paid for their schooling.
@@joeswanson733not all, like not all lawyers. You all are living in a fantasy world if you think that. There are a lot of general practitioners not making much as well as public defenders.
Living together means willing to work through differences and amplifying the good. Salute to this group strategizing and compromising. I like this episode.
This definitely works with a close-knit like minded family, which is a blessing. However, I do think it'll pose a challenge when the couple starts a family. Can imagine in that type of family, Sharon might end up with helping with childcare. I hope she would be fairly compensated and considered if so. For another brother to be involved...all of this can get complicated quick. Hope they have good contracts!
@@joeswanson733by the time my brother has kids most likely I’ll move out by then or we’d get another place. Regardless of what happens we have the mindset to not let the other person feel like they’re getting the short end of the stick.
Pulling out all your investments to move to the burbs, be house poor, and living away from your stomping grounds with 2 roommates, one of whom is your brother with past and future potential conflict. I'm good.
@@krnphanat the moment there’s high interest rate but we’re waiting to refinance which would bring monthly payment down. Could always refinance but not argue with the actual value of the house. I made a video on my channel explaining the full thought process
Assuming they put down 20 percent total this still leaves $600,000 that has to be paid off over 30 years the principal is already $1666 a month not factoring in interest. As krphan mention they put down only like 10 percent down payment but the principal shouldn't only still be around $1869/month (not incl interest)
I love the fact that she tithes 10% ,so wonderful to see Christians highlighted in this series and also just confirmation that if we steward our provision wisely God will bless us with even more!
Their high incomes is what allowed them to buy that house. No bank will just loan you money just because you are trying to buy yourself into heaven by giving money to the church. I bet you or them would feed directly a homeless person but are acting like you are so holy. SMH.
How is the title click bait? Blame that on yourself and how you interpret the title. They’re showing you different ways of purchasing a home in this economy. You may not be able to do the same thing as her but this example still shows you that if you think outside the traditional box, you can achieve your financial goals
A common theme that I have found with wealth building is that the dynamic of the family, tends to influence how wealthy an individual, couple, family etc. can become. It's such a blessing to see siblings work together. God bless 😊
I’m a millennial and 33 years old. I bought my home for 130k in Southern California it’s a multi family unit. I got lucky thank you market crash. Thank you predatory loans.
Bragging about purchasing an overpriced liability in an inflated market is a weird flex but.... Waste your money as you wish. That's the way of sheep. This is just a Marketing Piece to teach young people how to overextend themselves to the slavery of debt
Lol definitely a comment I would say. Thanks for this reminder though as I just got my pre-approval letter for DC area. Currently house hunting.. kinda want my dream home ish then again kinda don't want to be a slave to a job and just buy a "cheaper" one. Decisions, decisions
Also a Christian Product designer here who owns her own home too, good for you Sharon! Paving the way for young designers! And UX Design is a great career with only a bachelor's degree.
I am from the Bronx and bought a bigger, six bedroom home ten years ago in Colorado for 260k. I bought my second home in Texas for 410k. 750k for that home is a rip-off.
Congratulations to them. Building generational wealth and healthy family/sibling relationships. People always try to put down other successes. Yet, deeply wish they had the money and healthy relationship with their families.
One can buy 750k $ house under age 25 only if you have Generational wealth or a Movie Star or into Tech/Finance Jobs or into Crime. I don't have any clue about other stuff
Facts… there are some men I work with that were only able to buy a home because they married “up” and their wives parents footed a lot of the bill. 😅😅😅 bums.
What's interesting to me in the group setting purchase is how things will unfold. You would all have to agree to sell or buy each other out. Being that young in a suburb doesn't seem that fun. She's sacrificing her youth for a long term investment. Hopefully it pays off!
Do you guys at MSNBC realize how much better you'd do as a company if you were just honest and transparent about how people got these things instead of click baiting? It's not a bad thing 3 people went in to buy the house to build a real estate empire, that's a common story. What's not ok is presenting it as this woman did it all by herself at first without making that upfront she did it with family. Poor job, do better.
CNBC you know better than to be misleading. She did not buy a home at 23 on her own. She bought a share in a property alongside her brother and his wife. So misleading and annoying.
Smart move. Owning a home (with land) will appreciate much more than an apartment. You'll thank me for not having to pay those expensive strata fees and special levies. For example, expensive fees to pay for the doorman, lifts and pools will not result in capital appreciation. I just came back from visiting Seoul. That's a tough place to grow up. Very expensive relative to low incomes. Thank your parents for getting out of there.
Wow … the personalities of my siblings are so different that living together as adults would not work very well … let alone consolidating big investment decisions. Kudos to you.
Congratulations to all three of them, but can CNBC Make It editors be honest with their titles for once? How about changing it to: "I Bought A $750K House At Age 23 With Two Other People" ?
It is title bait
Its how they got you to watch it. She house hacked her way in
@@mugentuner also paying all that for 1/3 house....bang for buck wise...not that impressive
@@joeswanson733 yeah they possibly have an equity deal worked out I'm sure. Asian people are quite saavy when it comes to housing. Seen it on my own
@@joeswanson733lol, 750k for that is quite impressive… i didn’t know housing in New York is that cheap…
So she brought a property with her family. Respect to her for getting the housing ladder but the title makes it sound like she did it on her own.
Exactly, and she owns 30%, and her brother owns 70%.
CNBC loves their misleading titles smh
Yeah cause if going by titles she is more successful than majority of Americans out there today past present and future.
It doesn't even give the right age
and misleading information..oops
Why focus so much on the title??!! Who freakin cares??! Take what you can get from the message and leave the rest! Sheesh!
I wonder how much she paid CNBC to make this video
this is such click bate. SHE did not buy anything on her own. wasting people's time with this nonsense.
😂
Exactly, and she owns 30%, and her brother owns 70%.
Clickbait
Misleading title if you don't have a brother and wife attached 😂
There is even a lender in the deal, so it is foursome.
Even if you have a sibling and their wife, is this really even an arrangement you would be comfortable with? The house doesn't look like a duplex or a multi unit home.
What will happen if one or both people expands their family? I hope they worked out a legal arrangement if their relationship sours
I plan to retire or reduce my work hours in five years, and I'm interested in how others allocate their income between savings, spending, and investments. I currently earn about $175K annually but haven't built up much in savings so far.
There are numerous strategies to achieve high yields during a financial crisis, but it is crucial to undertake such trades with the guidance and supervision of a professional financial advisor to ensure informed decision-making and risk management.
That's true. I've been assisted by a financial advisor for almost a year now. I started with less than $200K, and I'm just $19,000 short of half a million in profit.
That's quite impressive! Can you share more information about your financial advisor?
Julianne Iwersen Niemann is the coach that guides, you probably might've come across her before I found her through a Newsweek report, she's quite known in her field, look-her up.
I’ve just looked up her full name on my browser and found her webpage, very much appreciate this
The BIGGEST LIE You've Been Told About Money is that it doesn't grow on TREES!!
I agree with you!! Money actually grow on trees but only on trees that was planted by you!! These tress are referred to as investments. How you diversify your investment portfolio matters
*I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone's that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.*
The wisest thing that should be on everyone mind currently should be to invest in different streams of income that doesn't depend on government paycheck, especially with the current economic crisis around the world. This is still a time to invest in Stocks, Forex and Digital currencies.
That's awesome!!! I know nothing about investment and I'm keen on getting started.
What are your strategies?
People dismiss the importance of advisors until they are burned by their own emotions.
I remember a couple of summers ago, following my lengthy divorce, I needed a good boost to assist my business stay alive, so I looked for qualified consultants and came across someone with the highest qualifications. He has helped me raise my reserve from $275k to $850k, despite inflation.
Investing with an expert is the best strategy for beginners and busy investors, as most failures and losses in investment usually happen when you invest without proper guidance. I'm speaking from experience.
How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?.
I'm just starting to invest, and honestly, I keep hearing so many mixed opinions about asset allocation. Some people swear by ETFs and index funds because of the broad market exposure, but others mention how underperforming stocks within them could dilute returns from stronger performers. It’s got me wondering, should I be more selective now, especially after seeing my portfolio take a hit right as I started? The uncertainty is making me second guess my choices, and I want to ensure I’m on the right path to hit my goal of early financial independence. I don't know If I'm just overthinking this, or if I should be more cautious
I’m nearing retirement myself, and I had similar concerns. I started investing later than most, and just relying on ETF compounding wasn’t cutting it for me either. After working with a financial advisor, I managed to restructure my investments and am now on track to retire with around $5 million. If I hadn’t sought advice, I doubt I’d be as confident in my plan right now
I’m trying to figure out the best approach for my portfolio. How did you find your advisor? I feel like I need that kind of guidance
I usually steer clear of recommending specific people because financial needs are so personal. But I can say that working with Emily Ava Milligan has made a world of difference for me. I noticed her strategies are tailored to fit personal goals and make sense for different needs. It might be worth exploring to see if her approach resonates with you
Thanks for that. I did a quick search and found her page. I was able to email so I sent over a few questions to get more info. Appreciate you sharing
"She partnered with her older brother and his wife to purchase a $750,000 home in New York"
lmaooooo
Exactly, and she owns 30%, and her brother owns 70%.
and in the suburbs.
I have many Asian friends that are successful. Like her, most of them live with family even as adults. They don't fall into western idea that you have to waste money to feel "independent". They are proud of their relationships with their families and their success is often a result of that.
Yup where I grew up we had Asian neighbors and they did the same. American culture needs to change would aid us a lot. In 33 and moved out my parents at 27
Eventually if she wants to have her own family the house might not be big enough for all of them especially if her brother also wants to start a family
@@dereknueveunolol
@joeswanson733 Yes, I believe it's all about the equity.
If she didn't buy this house with them, she would have spent the same amount renting in the city so it makes sense to use the money towards owing this property.
Whenever they need her to move out, they can do they math and work something out: at worst they can refinance the house.
I was actually thinking about where guests would stay if they came to visit e.g her mother or brother or her sister-in-law's family members.
She can definitely still live with them till her brother's first born child is 7 years old or till when she decides to get married.
Once the baby comes, her office will become the nursery.
There are 3 people paying for the house so each person should get a room.
I come from a Hispanic family that immigrated to NYC in the 90s, bought my first house(duplex) at 22 which is being rented out while I was living with my parents. I’m 28 now and bout to be 29 in almost a month from now and I still live with family to make it easier to save for more houses or a condo, especially in today’s economy. Forget about society’s standards and do what you gotta do to succeed!
I’m closing in on my retirement and I’d like to move from Minnesota to a warmer climate, but the prices on homes are stupidly ridiculous and Mortgage prices has been skyrocketing on a roll(currently over 7%) do I just invest my spare cash into stock and wait for a housing crash or should I go ahead to buy a home anyways?
If anything, it'll get worse. Very soon, affordable housing will no longer be affordable. So anything anyone want to do, I will advise they do it now because the prices today will look like dips tomorrow. Until the Fed clamps down even further, I think we're going to see hysteria due to rampant inflation. You can't halfway rip the band-aid off.
Considering the present situation, diversifying by shifting investments from real estate to financial markets or gold is recommended, despite potential future home price drops. Given prevailing mortgage rates and economic uncertainty, this move is prudent, particularly due to stricter mortgage regulations. Seeking advice from a knowledgeable independent financial advisor is advisable for those seeking guidance.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Can you provide instructions on how to contact your advisor? I'm experiencing erosion of my funds due to inflation and looking for a more profitable investment strategy to make better use of them.
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Marisa Michelle Litwinsky’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
welcome to 2024 america, instead of purchasing a home alone, you have to do so by splitting it with 3 people. really she can only afford a 250k home on her income.
Which makes sense lol when she only makes 94,000 a year lol. This video is such a waste because no one making that could afford a 750k home by themselves.
got a mortgage at 23 with two others ....
Listen, why would you trick me into watching this with your misleading title? No 23 year old girl purchase this house for $750,000… She joined her brother and his wife to make the purchase TOGETHER. Either change the title or include the brother and the wife along the image. As soon as it was stated, I post this comment and I’m exiting. Not even watching the rest because it’s a lie! YOU LIED CNBC Making It
I don’t think this was a good idea. She only owns a 3rd. She’ll probably lose her office room when her brother has a kid. The situation will eventually get weird but who knows.
I thought the same too in situation like this its usually house that's either with a. Guest house or basement in which additional family can expand this house isnt big enough if she or her brother has. A family
I agree… she kinda screwed herself in a lot of ways. Her brother and the wife will win when they have a child in the next literally couple of years… how does one live with a screaming child?! And how awkward bringing potential marriage minded men into that environment. Just dud after dud.
they can just buy her out when that happens
Asians are way less fukked up than any other ethnicity
But they have all the power in this situation since they own 2/3 of the house. What happens if they aren't able to buy her share or if they don't want to, but decide they want a kid? Very risky for her.
I will save you 9 minutes of your life. She bought a house with her brother and his wife. You’re welcome..
click bait. three people bought a 750k house together at age 23 (who are in the tech industry btw)
This is actually bs. The title is extremely misleading. She didn’t buy jack by herself. She bought a house with 2 other people. I stopped watching the moment she revealed that it’s a group buy.
Spend your money wisely-invest in quality where it counts, for it often outlasts the cost of cheapness. Yet, remember that sometimes the simplest, least expensive option is the real gem in disguise.
I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Stephanie Janis Stiefel. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, I was able to scale this quickly to $150,000. If I can do this in a year, anyone can.
Great advice and I live by it as well. I have wasted too much money and time on cheap garbage
@@IvanSimalezaI would really love to know how much work you did to put in to get this stage
Exactly well said.. spread the wisdom
@@JessieeAlmarWell her name is 'STEPHANIE JANIS STIEFEL'. Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.
Last year, I was working full time, budgeting groceries, unable to afford date nights, and missing time with my kids. Now I learned how to make money online. Now am a SAHM, homeschooling, and making profits every week.
Everyone needs more than their salary to be financial stable. The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns.
I’m looking for something to venture into on a short term basis, I really need to create an alternate source of income, what do you thing I should be buying?
Crypto/stock investment but you will need a professional help
She's active on face book @
Kate Mellon Bruce
I’m Asian however I could never live with family members or others. It results in conflict and could ruin relationships. I need my space. Joint investments is never a good idea. Just my thought!
I do agree with you. Very very complicated.
agree
Kinda agree, though it's not impossible. They are very lucky to have a very harmonious family. Quite rare nowadays.
Aren’t you live together during your entire childhood? I thought that would make it easiest for family to live together rather than a stranger
@@shuwu7125 it’s easy when you’re a child however it will not work out when you become adult because you need your space especially when in laws are in the picture
I really don't think this was a smart move, she should've just stayed home. That house will get crowded real fast.
The only way this would make sense if the house was huge like 5-6 bedrooms 5 bath than there would be enough space for her or a guest house (those properties with a front and back house)
This set up would get old fast especially when she gets a boyfriend.
@@hayaglamazonluxe Wait until she finds out she has to work to pay off the mortgage that she owns 30% from 🤣
click bait
*Your explanations are clear and straight forward It's always a honor to have you here as a mentor, I appreciate you for the time being spent to educate us financially. Regardless of how bad it gets the economy, I still makeover $28K every single week. I truly value Mary, and her helpful guides.*
The first step to successful investment is figuring your goals and risk tolerance either on your own or with the help of a financial professional but it's very advisable you make use of professional.
You just mentioned Expert Mary, Indeed, wow that woman has been an incredible mentor to me, imparting a deep understanding of the economy that I wish college had provided.
I know Mary, she has really set the standard for others to follow, we love her here in the UK as she has been really helpful and changed lots of lives.
Interesting! But I'm new here. How can I get to this person's guidelines??
She mostly interacts on Telegrams, using the user-name,
I usually look up your videos for updates! Our government has no idea how people are suffering these days. I feel for people with disabilities not getting the help they deserve. Thank you Mrs Emily L Romano, imagine investing $12,000 and received $305,500.
You're correct!! I make a lot of money without relying on the government. Investing in stocks and digital currencies is beneficial at this moment
Mrs Emily L Romano was my hope during the 'bear summer' last year. I did so many mistakes but also learned so much from it, and of course from Emily L Romano.
She must be really dedicated and well trusted for people to talk much good about
the first step to successful investing is figuring out your goals and risk tolerance either on your own or with the help of a financial professional but is very advisable you make use of a professional
I Started with 5,000$ and Withdrew profits 89,000$
Very very misleading title, three incomes streams with a mortgage, I think most people understand that 'buying a house' and 'buying a house with a mortage' are two different things.
I am 22 years old, lost my dad about half a year ago and I am going to receive some money soon. Would it be smart to grow my money in stocks for a few years while I am in college and then invest in rental properties afterwards, or should I go for real estate investing first?
I would advise the counsel of a seasoned financial pro. It may seem expensive, but as the old saying goes - "you get what you pay for" "Expert solutions require Expert providers" - my mantra
Agreed, investing with the help of an advisor set me up for life. Retired with about $1.6m in stock portfolio only. I worked hard everyday as a teacher for 32 years, and my salary was over 100k annually. Supplementing my income with stocks and alternative investments helped me achieve early retirement.
@@beautifulpeopleonearth I've worked in real estate for over 25 years and have neglected a major stock portfolio. This served me well when I was flipping and renting houses, however I need a different plan now.. mind if I look up the professional guiding you please?
Annette Louise Connors is the licensed advisor I use. Just google the name and you'd find basic info. To be honest, I almost didn't buy the idea of letting someone handle growing my finance, but so glad I did.
thanks for putting this out, curiously inputted Annette Louise Connors on the web, spotted her consulting page and was able to schedule a call session, she actually shows a great deal of expertise.
The right choice of an investment has always been a big problem for me I know picking a wrong investment will leave a big scar in the future..
It’s really heartbreaking to see how inflation and recession impact low-income families. The cost of living keeps rising, and many struggle just to meet basic needs, let alone save or invest. It’s a reminder of the importance of finding ways to create financial opportunities. You've helped me a lot sir Brian! Imagine i invested $50,000 and received $190,500 after 14 days
Absolutely! Profits are possible, especially now, but complex transactions should be handled by experienced market professionals.
Some persons think inves'tin is all about buying stocks; I think going into the stock market without a good experience is a big risk, that's why I'm lucky to have seen someone like mr Brian C Nelson.
Brian demonstrates an excellent understanding of market trends, making well informed decisions that leads to consistent profit
I'm surprised that you just mentioned and recommend Mr Brian Nelson. I met him at a conference in 2018 and we have been working together ever since.
Creating wealth entails establishing positive routines, such as consistently setting aside funds at regular intervals for sound investments. Financial management is a vital subject that many avoid, often leading to future regrets. I wish everyone reading this the best of luck in achieving success!
You're right
Starting crypto trade was the best decision I ever made
speaking of crypto trading I know I am blessed if not I wouldn't have met someone who is as spectacular as mrs Caitlin albrecht
The very first time i tried, i invested $2000 and after a week, i received $19000. That really helps me a lot to pay up bills
As a beginner investor, it's essential for you to have a mentor to keep you accountable. My self, I'm guided by Caitlin Albrecht. A widely known crypto consultant
Ouch! Her brother and his wife....and she still has Student Loans...and her shaky foundation is built on her brother and sister-in-law having a non-disruptive marriage. Please tell me ALL THREE are not on the mortgage. What is the timestamp when she stops talking about ALL the money she is spending and when and how much she has paid back.😳
Yeah is a risk as it relies on everything going hunky dory with nothing going wrong
@@joeswanson733 You got it,.🙃
Absolutely correct ✅
Love your story! You guys were wise and it shows you guys must love each other and have a great relationship to be able to live together!
The title should be "how i own 30% of a house i bougt with my brother and wife".
750k house with no basement and minus reno is insane.
That's NYC for you
@@joeswanson733 New York, not NYC, you wish homes were that cheap in NYC
There is a basement. That’s the family room.
Thats considered cheap if buying in Toronto, Canada, especially since its a detached. If it was selling here, it would’ve probably fetched about $950k CAD.
Overachieving Asian. I, on the other hand, am the underachieving Asian. I am a doctor with half a million in debt and I hate my job...
Don't doctors make $$$$
@@joeswanson733 Think of it this way. With the debt, I basically am working for free for the next few years to pay off the debt. Do you want to work a hard job for free for a few years? And then if you still have your passion you are 35 starting from scratch.
Alot of my friends are doing the ten year forgiveness but then you can't make as much money because you are working in public health sites that don't pay as much.
Everyone think doctors make money but if you ask them for their net worth at 35 I promise you its around zero, unless mommy and daddy paid for their schooling.
@@joeswanson733 Yes they do. The poster is being sarcastic.
.
@@joeswanson733not all, like not all lawyers. You all are living in a fantasy world if you think that. There are a lot of general practitioners not making much as well as public defenders.
Buying a home with other family members or friends isn't recommended. I wish them luck! Maybe they can sell in a few years and get their own place!
I would die before I buy anything with my sister in law
She only owns 30% of the house.
Three people bought $750k house**
clickbait title. Also not that impressive.
Living together means willing to work through differences and amplifying the good. Salute to this group strategizing and compromising. I like this episode.
Love your comments !
People upset about the title…. But it TELL you how she did it. With her brother and his wife!!
This definitely works with a close-knit like minded family, which is a blessing. However, I do think it'll pose a challenge when the couple starts a family. Can imagine in that type of family, Sharon might end up with helping with childcare. I hope she would be fairly compensated and considered if so.
For another brother to be involved...all of this can get complicated quick. Hope they have good contracts!
We also have to factor in house size for more people in the house.
@@joeswanson733by the time my brother has kids most likely I’ll move out by then or we’d get another place. Regardless of what happens we have the mindset to not let the other person feel like they’re getting the short end of the stick.
@@sharonyeunkimI am happy for you, girl! Me and my little brothers are doing samething here in Canada.
@@lavonnealexander6936 that's amazing! Good luck to you
Pulling out all your investments to move to the burbs, be house poor, and living away from your stomping grounds with 2 roommates, one of whom is your brother with past and future potential conflict. I'm good.
Wait she pays > $2500/mo for her mortgage and only owns 30% of the house?? Is their mortgage 8k a month? Or is she getting ripped off
They only put 77K down so monthly payment is probably really high?
@@krnphanat the moment there’s high interest rate but we’re waiting to refinance which would bring monthly payment down. Could always refinance but not argue with the actual value of the house. I made a video on my channel explaining the full thought process
Assuming they put down 20 percent total this still leaves $600,000 that has to be paid off over 30 years the principal is already $1666 a month not factoring in interest. As krphan mention they put down only like 10 percent down payment but the principal shouldn't only still be around $1869/month (not incl interest)
Here for the comments lo
Just buy a house with 14 roommates, bro.
I love the fact that she tithes 10% ,so wonderful to see Christians highlighted in this series and also just confirmation that if we steward our provision wisely God will bless us with even more!
You are happy she's getting scammed?
Me too!!!
Their high incomes is what allowed them to buy that house. No bank will just loan you money just because you are trying to buy yourself into heaven by giving money to the church. I bet you or them would feed directly a homeless person but are acting like you are so holy. SMH.
How is the title click bait? Blame that on yourself and how you interpret the title. They’re showing you different ways of purchasing a home in this economy. You may not be able to do the same thing as her but this example still shows you that if you think outside the traditional box, you can achieve your financial goals
Is she really 23?
Do you mean she looks younger or older than 23? To me she looks her age but I can see how her makeup (heavy eyeliner) can make her look different
@juliel4286 older like maybe in lat 20s like she has a great body but I think maybe uts the hairline
buying a house with you family is the best thing you can do real talk
A common theme that I have found with wealth building is that the dynamic of the family, tends to influence how wealthy an individual, couple, family etc. can become. It's such a blessing to see siblings work together. God bless 😊
Her and her siblings are living in the year 3,000.
😂😂😂😂😂😂
living with people you trust. That's a big thing with splitting cost with a roommate, family, friends, or even strangers.
I’m a millennial and 33 years old. I bought my home for 130k in Southern California it’s a multi family unit. I got lucky thank you market crash. Thank you predatory loans.
At least you own a home
@@joeswanson733 yup and it’s paid off and I rent out the front unit for $2k a month.
So how many units is it? 2 or 3? And for 130k.. that's a steal imo
@@professionalismwithpassion I bought it in 2010 and it has 2 units a 3bed 2 bath and a 1 bed 1 bath.
@@joeswanson733 yes sir and it’s paid off.
She's only saving $216 a month towards retirement 😬? I highly suggest she spend less on food and home upgrades and more on retirement savings.
$216 At age 23-24 while not the best is not bad at all because time is on her side for it compound vs that amount at say 33.
She's only 23/24 she got 40 years left to go if she retired by 64
Sharon if you see this comment your awesome.
Bragging about purchasing an overpriced liability in an inflated market is a weird flex but.... Waste your money as you wish. That's the way of sheep. This is just a Marketing Piece to teach young people how to overextend themselves to the slavery of debt
Lol definitely a comment I would say. Thanks for this reminder though as I just got my pre-approval letter for DC area. Currently house hunting.. kinda want my dream home ish then again kinda don't want to be a slave to a job and just buy a "cheaper" one. Decisions, decisions
So she just lives with her brother???
no his wife
Also a Christian Product designer here who owns her own home too, good for you Sharon! Paving the way for young designers! And UX Design is a great career with only a bachelor's degree.
You are truly an inspiration. May God continue to bless and prosper you and your family!
NO!!!! She did NOT buy a $750K house at 23! PLEASE STOP the CLICKBAIT!!!!!!!!!!🤬
what happens when she gets married and everyone starts to have kids? Great to build equity, but asking for that buyout is difficult for everyone.
It would be easy to buy her out she owns only 70 percent
Title could be edited. Interesting story, even with an accurate title.
I am from the Bronx and bought a bigger, six bedroom home ten years ago in Colorado for 260k. I bought my second home in Texas for 410k. 750k for that home is a rip-off.
Congratulations to them. Building generational wealth and healthy family/sibling relationships. People always try to put down other successes. Yet, deeply wish they had the money and healthy relationship with their families.
Saw the title: Clicked video
Read the video bio: Dislike video
Now I close tab, goodbye .
This is the modern day joint family. Love it!
Sharon Kim！ Springboard alumni!!!!
Let me help you out CNBC…
I Bought A $750k House At Age 23 - Here’s How: With My Brother & Sister-In-Law
I bought a million dollar home by age 25. Half of it from my parents.
NYC, I used to love that city so much, not anymore.
Mayor just indicted too bro!
This is terrible
One can buy 750k $ house under age 25 only if you have Generational wealth or a Movie Star or into Tech/Finance Jobs or into Crime. I don't have any clue about other stuff
Facts… there are some men I work with that were only able to buy a home because they married “up” and their wives parents footed a lot of the bill. 😅😅😅 bums.
@@BrooklynBaby100 i don't agree
@@pratiktembhekar1996 Agree on an anecdotal? okay lol 😂
That’s nothing I bout a $140,000 house at 28, last week
When the intern is scrambling to make a video by the deadline
We should live with family more!
10% of your income towards your church that's bonkers.
Title should be: I bought a home, thanks to my parents.
this was a boring episode
I Watch this on her TH-cam channel and knew the title was a reach 😂
What's interesting to me in the group setting purchase is how things will unfold. You would all have to agree to sell or buy each other out. Being that young in a suburb doesn't seem that fun. She's sacrificing her youth for a long term investment. Hopefully it pays off!
She bought a home worth $750k at 23, HERE’s HOW. - that part makes the title make sense to me
Super easy to payoff. Only owes 9k in utilities and another 8k for groceries?? 6k yearly per person for housing is great
House poor congrats 👏
This is definitely jealously, but how are 20 something year olds getting jobs with that high of an income?!?
She works in tech!
UX and youtube pays well
2:25 Tell me you're Mormon, without telling me you're Mormon. Ah yes, giving 10% of your money to the largest land owner in Florida
CNBC sucks what flunky editor allowed bait and switch here?
If she didn't give all that money for her pastor to promote himself maybe she wouldn't have student loans
10 percent to church is pretty steep
NOT "I Bought A $750K House At Age 23" but "I Bought 30% of $750K House At Age 23"
Her story is so inspiring 👌
I love seeing people being innovative on their financial goals; relying on community, family, network... this is all great!
Do you guys at MSNBC realize how much better you'd do as a company if you were just honest and transparent about how people got these things instead of click baiting? It's not a bad thing 3 people went in to buy the house to build a real estate empire, that's a common story. What's not ok is presenting it as this woman did it all by herself at first without making that upfront she did it with family. Poor job, do better.
CNBC you know better than to be misleading. She did not buy a home at 23 on her own. She bought a share in a property alongside her brother and his wife. So misleading and annoying.
Smart move. Owning a home (with land) will appreciate much more than an apartment. You'll thank me for not having to pay those expensive strata fees and special levies. For example, expensive fees to pay for the doorman, lifts and pools will not result in capital appreciation. I just came back from visiting Seoul. That's a tough place to grow up. Very expensive relative to low incomes. Thank your parents for getting out of there.
What a joke. "I own the house, honest, I just can't afford to live in it without other people living in it with me."
Real title. “Im a leech im my brother’s marriage”
Wow … the personalities of my siblings are so different that living together as adults would not work very well … let alone consolidating big investment decisions.
Kudos to you.
The home is beautiful but I feel she would have done better getting an apartment or buying on her own.
You need 147k to buy a 400-500k home so it was smart for her to do this otherwise she'd be house poor and eventually it would hurt her mentally
Tenants in commons works
Just do it
Don't overthink it
Weird living with his wife
It's not even fully her home... Click bait