Living On $515K A Year In Berkeley, California | Millennial Money

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  • čas přidán 11. 08. 2021
  • Sahil Mehta, 25, makes $515,000 a year as a real estate investor and developer for Golden Gate Sotheby's in Berkeley, California. Sahil, along with his brother Suyash, own 5 properties in the area. Sahil, along with his siblings, plans on buying a property for his family later in 2021.
    This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.
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    Living On $515K A Year In Berkeley, California | Millennial Money

Komentáře • 1,6K

  • @doomgrave1
    @doomgrave1 Před 2 lety +357

    Dad is a physician, mom business owner. Older siblings to lead the way. Incredible support system. A pattern with these young successful individuals.

    • @heyaswinp
      @heyaswinp Před 3 měsíci

      Typical Indian immigrant family in the US. The highest earning demographic ground in the US.

  • @funkybassline
    @funkybassline Před 3 lety +2847

    I love seeing families work together to ensure each other’s success. Not everyone has that kind of support!

    • @JoyFay
      @JoyFay Před 3 lety +51

      True! That's exactly why many young people struggle.

    • @cinnawhat8797
      @cinnawhat8797 Před 3 lety +37

      @@JoyFay cause boomers ain’t support us like their parents supported them smh

    • @user-uo6tm8gm2v
      @user-uo6tm8gm2v Před 3 lety +4

      If you do know me then you are sure all the support you need is guaranteed

    • @bcasa3376
      @bcasa3376 Před 3 lety +15

      Tell me about it. I would give anything to have wish my parents had been the better support system and better guidance for me

    • @user-uo6tm8gm2v
      @user-uo6tm8gm2v Před 3 lety +1

      @@bcasa3376 look at the comment above I let a number to reach me but it's written in text form because of CZcams rules

  • @sahilmehta1269
    @sahilmehta1269 Před 3 lety +2989

    I feel so honored, thank you so much for the opportunity to share my story!! I’ll answer any questions & post more about my journey on my new YT channel!

    • @dakshjhamb5514
      @dakshjhamb5514 Před 3 lety +33

      Watch Graham Stephen and meet Kevin they are like you almost same journey

    • @Monastic2010
      @Monastic2010 Před 3 lety +9

      Your story is amazing! How did you get into real estate?

    • @jonathanmarvens
      @jonathanmarvens Před 3 lety +1

      Great work, bud 💪🏾

    • @albandb9366
      @albandb9366 Před 3 lety +5

      Amazing success! I am kind of the opposite, my parents had money but I am making little income but I am ok with it.

    • @amethyst4444
      @amethyst4444 Před 3 lety +7

      this should be a pinned comment!😃

  • @corabrei
    @corabrei Před 3 lety +677

    This video alone shows why financial literacy is so important

    • @LeaveItaly
      @LeaveItaly Před 2 lety +3

      really?

    • @bongirud
      @bongirud Před 2 lety +3

      Exactly! Knowledge is power. If you get that knowledge early, more powerful.

    • @suchabadkitty1293
      @suchabadkitty1293 Před 2 lety +13

      Having rich parents helps too. 🙄

    • @bongirud
      @bongirud Před 2 lety +2

      @@suchabadkitty1293 it does! But multiplying that wealth from generation to generation involves knowledge of how the system works and the advantages you can get to make it even easier!!!

    • @heavymetalrox268
      @heavymetalrox268 Před 2 lety +4

      @Cora Loves Glam It's not just mere financial literacy, it's a mad combination of execution skills, discipline and tenacity which is extremely hard to find. Just sitting there and collecting knowledge will not do anything.

  • @Kit.E_92
    @Kit.E_92 Před 3 lety +1228

    Seeing children of immigrants be this successful makes my heart so warm. So glad all of his parent’s sacrifices as well as his hard work paid off.

    • @thetruthsayer8347
      @thetruthsayer8347 Před 3 lety +16

      Republicans want to focus on drug dealers

    • @dakshjhamb5514
      @dakshjhamb5514 Před 3 lety +23

      @@thetruthsayer8347 key word illegal

    • @thetruthsayer8347
      @thetruthsayer8347 Před 3 lety +12

      @@dakshjhamb5514 that’s what they say but the make all forms of immigration difficult.

    • @tytube3001
      @tytube3001 Před 3 lety +63

      his dad was a doctor, he was never really broke

    • @nananoodle5020
      @nananoodle5020 Před 3 lety +5

      Being an immigrant means nothing

  • @Edward-hn8ed
    @Edward-hn8ed Před 3 lety +1288

    This kid's an absolute grinder. He'd be successfully in any field.

    • @ugochukwuharbor5519
      @ugochukwuharbor5519 Před 3 lety +4

      Quite agree!

    • @HannahBay34
      @HannahBay34 Před 3 lety +12

      @@adde-j6q A true model. FTFY

    • @yeaabuddy8929
      @yeaabuddy8929 Před 2 lety +6

      probably on grindr

    • @Hawklet93
      @Hawklet93 Před 2 lety +1

      @@yeaabuddy8929 hahaha I thought the same. Either that or extremely metro

    • @elianevdb
      @elianevdb Před 2 lety +4

      The best part is that he has a very common, un-flashy job (Executive Assistant). Proving that it's everything else that you do besides your job (grinding for the best education, saving super early, etc) that really counts.

  • @NA-on8vj
    @NA-on8vj Před 3 lety +2292

    those kids who sold candy bars and snacks in their lockers were the backbones of grade school 😂😂

    • @lincolnscott5620
      @lincolnscott5620 Před 3 lety +68

      I'm one of them, retired at 25 last year, only work a couple hours a week doing consulting calls

    • @leelyndjacksonreuploads4465
      @leelyndjacksonreuploads4465 Před 3 lety +7

      Lincoln Scott Bru help me

    • @twincherry4958
      @twincherry4958 Před 3 lety +14

      Me me me 😂😂😂I made like 500% profit. Lol!

    • @user-uo6tm8gm2v
      @user-uo6tm8gm2v Před 3 lety +2

      Sometimes the family you need to grow espidentially is not in your homes,you can find those families sometimes in a seminar, conference social and business gatherings

    • @Reunite.
      @Reunite. Před 3 lety +5

      Lol I did that started middle school, happily retired before 30 now. Hustling at a young age made me appreciate the true value of money

  • @ivanhaidarli7163
    @ivanhaidarli7163 Před 2 lety +61

    The biggest chunk of his income comes from an executive assistant role. (around 300k). And this topic is almost not discussed in the video. Why? It's an exciting topic.

    • @thuythuy88
      @thuythuy88 Před 2 lety +5

      I agree. I didn't know executive assistants could make that much!

    • @kayliathequeen9612
      @kayliathequeen9612 Před 2 lety +4

      That's what I was thinking. I wish they would have talked about that because that income is the gateway to his real estate investing. Loved his story and personality.

    • @DancingDeity
      @DancingDeity Před 2 lety +4

      Executive assistants usually have to maintain discretion and confidentiality. If it's not featured, it's probably because he's was prevented from doing so.

    • @DancingDeity
      @DancingDeity Před 2 lety +1

      @@thuythuy88 They make that much because they are at the 24/7 endless whim of the executive they're working under. This is displayed well in Devil Wears Prada and in Succession.

    • @Dymsx86
      @Dymsx86 Před 2 lety

      When I was an executive assistant, the highest salary I earned was $80K a year. I wish I thought to go into real estate. Had no idea you could get commissions as an EA.

  • @fredcucciniello1154
    @fredcucciniello1154 Před 3 lety +442

    I like how they basically spend 15 seconds on the fact that this dude works as a 25 year old secretary to a famous real estate agent and makes $350-$400k doing that. C’mon CNBC like you couldn’t do a deeper dive into that. That’s the real story here, so many unanswered questions

    • @robwashington-personalfina5674
      @robwashington-personalfina5674 Před 3 lety +35

      😂 I would agree

    • @sidehustletips
      @sidehustletips Před 3 lety +84

      @@robwashington-personalfina5674 Agreed. That's the real cruz of the story here. Dude is very nice and smart but clearly a very low key introvert. How did he get the connections to get hired by one of the wealthiest RE Brokers.

    • @mba2ceo
      @mba2ceo Před 3 lety +3

      NEXT week sh!tshow "How DUMP jr. is a suxsexful realestate manager" ?

    • @mba2ceo
      @mba2ceo Před 3 lety +11

      @@sidehustletips daddy ?

    • @jessicasmith2728
      @jessicasmith2728 Před 3 lety +27

      @@sidehustletips Go to the top public university in the world? I am sure he had plenty of options

  • @laurenmacwhinney1607
    @laurenmacwhinney1607 Před 3 lety +142

    i don't think i've ever respected anybody's hustle more for somebody my age. he definitely had more things accessible to him than i did growing up, but i know had i had the same opportunities as him, i wouldn't have thought to do nearly half of what he's done. man is a monster, mad respects

    • @user-uo6tm8gm2v
      @user-uo6tm8gm2v Před 3 lety +1

      "Really glad you see the brighter picture,text me when you can,I think I got something you might want to look into"

  • @PhillipMorris758
    @PhillipMorris758 Před 3 lety +67

    Video is omitting some significant details. He’s not self made. It says after he graduated and he bought his first rental property. Someone is bankrolling him cause no way he made that much capitol on his own to buy a property right after graduating college

    • @Don-kw6nu
      @Don-kw6nu Před 3 lety +24

      His parents paid the down payment on the property. I know a few wealthy south asians who I graduated with, have the same done for them by their parents.

    • @a012345
      @a012345 Před 2 lety +22

      Dude's dad is a doctor and who knows how much his mom makes at the business. Much easier to take big risks when you have seed money and a safety net like that. Good for him nonetheless if his story is legit. I find a lot of these "make it" segments to be a bit embellished and/or missing key details.

    • @mihir9608
      @mihir9608 Před 2 lety +11

      Nobody is truly self made. Nobody.

    • @___________2204
      @___________2204 Před 2 lety +4

      @@mihir9608 You Americans think "self-made" means going from being homeless to a millionaire in the span of 5 years. Parents kicking their children out, and children abandoning their parents, is a part of your culture. Every kid has parents who had jobs or some investments/savings. But Americans think it's a good idea to destroy the nuclear family

    • @mihir9608
      @mihir9608 Před 2 lety +2

      @@___________2204 calm down soldier, im not even american

  • @iAdvancedU
    @iAdvancedU Před 3 lety +948

    Parents raised him right, The dude is future Billionaire

    • @arjunshankar6966
      @arjunshankar6966 Před 3 lety +23

      if his parents raised him right he wouldn’t become on e

    • @tqobfxz
      @tqobfxz Před 3 lety +13

      @@arjunshankar6966 Huh?

    • @gregkareem9824
      @gregkareem9824 Před 2 lety

      😲it's u big fan yo

    • @jebbo-c1l
      @jebbo-c1l Před 2 lety +12

      look at the statistics, noone becomes a billionaire its a fantasy, you have better luck becoming an astronaut

    • @LotusKay36
      @LotusKay36 Před 2 lety +24

      I don’t think you understand what 1 billion is. He’d have to become a major real estate tycoon to reach that. More like a multi millionaire which is still awesome, congrats to him.

  • @barnabybananas339
    @barnabybananas339 Před 2 lety +99

    “When you have your reason and a really grounded mission, the sky is the limit” congrats brother ! I look up to you

  • @Zoinaire
    @Zoinaire Před 3 lety +470

    Taking care of your parents when they're old, qualities that Asian people should be proud of.

    • @citizenm9590
      @citizenm9590 Před 2 lety +6

      As someone who is Westerner travelled all continent I can tell you most are the same except in the West we have different belive system.

    • @d.jmamba7237
      @d.jmamba7237 Před 2 lety +36

      Literally the whole world besides the west lol it's not an Asian thing

    • @Foyzul06
      @Foyzul06 Před 2 lety +1

      @@d.jmamba7237 exactly and I can't fathom it. It's corrupt

    • @elianevdb
      @elianevdb Před 2 lety +2

      And his parents aren't even old, which makes it even more commendable.

    • @Lovemyfriends1
      @Lovemyfriends1 Před 2 lety +2

      If only white people were like that, kid's leave their parents when they're 18

  • @riskbusin3ss
    @riskbusin3ss Před 3 lety +654

    He's crushing it at such young age, he already accomplished more then a lot of people in their lifetime. Not to mention he's a good human being giving back to his parents.

    • @teenytinytoons
      @teenytinytoons Před 3 lety +18

      americans give out loans to their parents and send them out to nursing homes. lol. it's sad to see that. many other cultures give out "sponsorships" and "grants" to their parents and buy their parents a home or it's a multi-generational home where their parents live with them.

    • @LoganAllec
      @LoganAllec Před 3 lety +36

      LOL @ giving back to his parents. His dad's a freaking doctor. This guy and his bro are hardly self-made.

    • @riskbusin3ss
      @riskbusin3ss Před 3 lety +11

      @@LoganAllec umm.. okay Logan

    • @LoganAllec
      @LoganAllec Před 3 lety +46

      @@riskbusin3ss LOL believe fairy tales if you want. You can do anything with family wealth or, at the very least, a parent with 1) a multiple-six-figure salary who can cosign on a mortgage or 2) a network of rich doctors. And spare me the 2000 and 2008 sob story. That affected everybody. Even if his dad lost everything (which I guarantee he didn't), he was still a doctor making a doctor's salary after 2000 and after 2008. Y'all crazy if you think this guy and his brother amassed a portfolio of five properties in the BAY AREA FOR CRYING OUT LOUD in their teens / 20s from absolutely nothing. There's a common thread in these financial wunderkind stories...

    • @teenytinytoons
      @teenytinytoons Před 3 lety +6

      @@LoganAllec fair point.

  • @Jaynesade
    @Jaynesade Před 3 lety +436

    Inspired is an understatement. He's grounded, humble, brilliant with a serious work ethic. You can tell his parents put their best in molding such an amazing human

    • @louisemariemonterola9905
      @louisemariemonterola9905 Před 3 lety +2

      Yup! Not a bit of arrogance in this guy, despite his wealth. Love it!

    • @ricseeds4835
      @ricseeds4835 Před 3 lety

      This is all true and yet I still don't find him relatable. When we walk down the street together to grab a bite to eat, the world he's experiencing is completely different from the one I'm experiencing.

  • @debbienamugayi3503
    @debbienamugayi3503 Před 3 lety +454

    I went to college with his brother, the referee, such a nice guy. Very cool success story and love the family closeness!

    • @annajones9701
      @annajones9701 Před 3 lety +4

      What did his brother study?

    • @TNexpert
      @TNexpert Před 3 lety +9

      He's cute too

    • @annajones9701
      @annajones9701 Před 3 lety

      In fact do you know what he studied?

    • @alp.9672
      @alp.9672 Před 3 lety +14

      @@TNexpert no he isn’t his Money is cute to you

    • @Diamond-xl1vs
      @Diamond-xl1vs Před 3 lety +2

      @@alp.9672 okay there’s nothing wrong with it

  • @chelseagirl278
    @chelseagirl278 Před 2 lety +24

    This guy is amazing, he knows the value of money and seems so respectful. He doesn’t seem arrogant and loves his family. He has his head on his shoulders. What an inspiration!

  • @noproblemchinese3506
    @noproblemchinese3506 Před 3 lety +72

    Why do I feel like there is a huge part of a backstory and a lot of holes that is not being told? Like how did he find an exec asst job paying $515K a year, that alone seems like a suspicious or at least a tremendous outlier in the market. Where did he acquire the initial capital at his age to begin investing in real estate in one of the most expensive markets in the world. This whole story does not add up. It seems like there is a primary investor in the background because at his age he not even be able to qualify for a loan to get this project off the ground. Suspicious

    • @kendall.jenner
      @kendall.jenner Před 3 lety +14

      Let say the first property he got was around 800K in 2017. You need at least 40k (5%) for downpayment and he was still in college that time. How did he acquire those fund? Nevertheless, he invested well with his money though so props to that.

    • @annajones9701
      @annajones9701 Před 3 lety +13

      He got a fake salary hired by family property business to qualify for mortgages and then family have him deposits and other family members to buy the properties

    • @hh0686
      @hh0686 Před 3 lety +32

      Just like many success stories. These kids were born into rich and educated families and were sent to private schools then met with richer people. Same effects repeat over and over then get hooked to high paying jobs. That’s how life works.

    • @hh0686
      @hh0686 Před 3 lety +3

      @@annajones9701 same Indians, Iranians in the US do that. They are huge families with 10+ family members

    • @annajones9701
      @annajones9701 Před 3 lety

      @@hh0686 all they do is pay themself a fake salary to qualify

  • @moyaondemand
    @moyaondemand Před 3 lety +347

    I love his humility! One of the best episodes with one of the highest earnings so far. I want to be like this guy when I grow up. Well done!!! 👍👍👍

  • @jerseycaptive
    @jerseycaptive Před 3 lety +84

    This young man is so wonderful. He and his family. And may I say the houses' interiors they showed were beautiful. I wish him and his loved ones so much success. I liked this profile so much.

  • @SoulEternalPeaceWarrior77
    @SoulEternalPeaceWarrior77 Před 3 lety +351

    This goes to show how IMPORTANT a strong, healthy family environment can be. I came from a toxic, dramatic abusive household. BUT if you surround yourself with positive, good people & fight to make your life better it will change to how you want it. BE the change you want to see in the world :)

    • @Samikul007
      @Samikul007 Před 3 lety +1

      Well said

    • @anipramanik7898
      @anipramanik7898 Před 3 lety +2

      same here man , same here :(

    • @ngominh7987
      @ngominh7987 Před 3 lety +2

      same here bud.

    • @MrThelovechannel
      @MrThelovechannel Před 2 lety +1

      Not sure if he's changing the world, he didn't mention that but I agree with the rest.

    • @saibamoe
      @saibamoe Před 2 lety +6

      ugh, it's important to have Doctor dad and Business Owner mom to help with CASH to invest for free. Positivity and goodness didn't give him the money to invest, it's easy....

  • @ChiefOfProtocol_ZW
    @ChiefOfProtocol_ZW Před 3 lety +202

    I like how he has such a cool head on his shoulders. You deserve the success you have and yet to achieve!

  • @TheChibilollipop
    @TheChibilollipop Před 3 lety +29

    I’m class of 2017 from Berkeley as well! Glad to see another golden bear making it! Super admirable!

  • @elenavelasquez208
    @elenavelasquez208 Před 3 lety +152

    He is so humble and genuine! His parents raised him and his siblings so well. He never gave up during adversity and is seeing the many fruits of his determination and tenacity. Wishing him all the best with much success!!

  • @thejeremymateo
    @thejeremymateo Před 3 lety +19

    I love this guy!!! Noob real estate investor here and he is the definition of the successful path aspire to follow! Aloha from Hawaii bro!

  • @albertwang9756
    @albertwang9756 Před 3 lety +49

    He is quite humble and thinks about potential success while being a very careful observer. Much respect.

  • @mcamara9529
    @mcamara9529 Před 3 lety +181

    “I don’t pay rent right now I live in a building that I own”
    Goals

  • @thelifeofnicx
    @thelifeofnicx Před 3 lety +57

    “I know it looks that way but I do try and go to the gym” I feel ya bud lol

  • @1bluensx
    @1bluensx Před 3 lety +102

    This kid graduated high school and entered Berkeley as a junior? This dude is mad smart and driven

    • @swicheroo1
      @swicheroo1 Před 3 lety +6

      FYI: Most students who graduate high school and get into elite colleges have enough AP credits to enter as juniors.

    • @robertgilmore9617
      @robertgilmore9617 Před 3 lety +13

      @@swicheroo1 not correct. Most people with APs can maybe get a semester's worth of credits through their APs. Coming in as a Junior is insane.

    • @jaykua6193
      @jaykua6193 Před 3 lety +1

      For him to come in as a junior means he was already taking college courses while he was in HS lol

    • @gregorysefian4275
      @gregorysefian4275 Před 3 lety +7

      @@robertgilmore9617 it is super odd imo. My school had a max on AP credits at 1 semwster and I was far above it/had to not take some. It is weird that Berkley even allows you to use that much unless he just took community college courses while in high school

    • @robertgilmore9617
      @robertgilmore9617 Před 3 lety

      @@gregorysefian4275 thought the same thing! My school did the same.

  • @Katerina2020
    @Katerina2020 Před 3 lety +315

    This guy is gold! kudos to his parents for raising such a smart and humble person.

  • @kstoff2218
    @kstoff2218 Před 3 lety +13

    Very inspirational. Seems like a great person, motivated and has a plan, family oriented, and has learned to take advantage or great opportunities. Love seeing these.

  • @dmd2803
    @dmd2803 Před 3 lety +6

    This guy works hard and dream big but at the same time super grounded and realistic! Love this

  • @deepakdevaraj5667
    @deepakdevaraj5667 Před 3 lety +196

    Kudos to his parents for upbringing such a wonderful kid.

    • @andreijikh4030
      @andreijikh4030 Před 3 lety

      Yes they did good

    • @newmnoey2571
      @newmnoey2571 Před 3 lety

      Making the right investments with the little you have is a step forward to earning passive income, only if people knew how to.

    • @newmoney3604
      @newmoney3604 Před 3 lety

      I would love to invest in real estate. Any suggestions on related investments?

    • @doctormike3625
      @doctormike3625 Před 3 lety

      @Graham Stephan ✓ hi Graham, I need help finding the right investments and a profitable one also.

    • @trinabowels4072
      @trinabowels4072 Před 3 lety

      Wow, hello Graham Stephan and kevin. You guys are amazing. I would love your guidance on the right investments to make

  • @LuigiQueen
    @LuigiQueen Před 3 lety +15

    His sister Jess is also KILLING it!!!!!!! ❤️💕❤️ SO happy for the entire Mehta family 🥳🥳🥳🎉🎉🎉

  • @bizmatthew
    @bizmatthew Před 3 lety +14

    Great Story! You can tell he has great work ethic starting college as a junior! Says a lot when the children are now able to retire parents. One of goals also.

  • @janetrojas8939
    @janetrojas8939 Před 3 lety +15

    Love the satisfaction face he made when he said he was able to retire his parents already

  • @AyaanFarax223
    @AyaanFarax223 Před 3 lety +13

    Sold my house in 2004 after the value of my house doubled, I mean it was unprecedented that the value of my house doubled in 8 years. And the buyers of my house were given a loan of 105% of the purchase price, Then I read that people had taken out balloon mortgages. Then, I was offered a "no doc" loan to purchase a condo. I mean the red flags were HUGE. there were signs of impending crash and it happened in 2008. I bought dip, made so much gains.

    • @cristinabaker5292
      @cristinabaker5292 Před 3 lety

      I’m happy for you ma’am. I need some guidance please. Lately I've been considering buying dividends stocks for retirement, I have set asides $400k but somewhere along the line, I get cold feet maybe because I'm a rookie and have no idea what I'm doing.

    • @kucheranraina9201
      @kucheranraina9201 Před 3 lety

      @@cristinabaker5292 Get a money manager my sincere advice tho because you’ve saved a good bucks.

    • @cristinabaker5292
      @cristinabaker5292 Před 3 lety +1

      @@kucheranraina9201 How could I get hold of a reliable coach considering the presence of scams in our social media space today?

  • @omerf8899
    @omerf8899 Před 3 lety +88

    Desi and physician dad. You were already set dude.

    • @johngerring2505
      @johngerring2505 Před 3 lety +2

      Did you not watch the video? His dad is disabled. He takes care of him now.

    • @RAJohnson713
      @RAJohnson713 Před 3 lety

      Whats Desi?

    • @omerf8899
      @omerf8899 Před 3 lety +6

      @@johngerring2505 and they aren't retired. His dad is still working and going on holidays with him. So when he was working as an executive who paid for his expenses because he saved 99% for Berkely.

    • @xkaokdkl11933
      @xkaokdkl11933 Před 3 lety +2

      Was surprised that his Dad was a physician and his son is financially supporting him.

    • @Viiiiiii6798
      @Viiiiiii6798 Před 3 lety

      @@RAJohnson713 desi means one country/land refers to people of Indian, Pakistan, or Bangladesh descent since they were country.

  • @infini.tesimo
    @infini.tesimo Před 3 lety +41

    Honestly if he left California he wouldn't make the same amount of money as an executive assistant unless it was a billionaire he was working for. This is the one time I'd say not moving to Texas or Florida wouldn't be advantageous.

    • @TrevorOFarrell
      @TrevorOFarrell Před 3 lety +16

      Lol, for most people California is worth the extra money, It's the most expensive state for a reason. It's full of great places.

    • @JC-rl6ln
      @JC-rl6ln Před 3 lety +11

      If you’re moving to take advantage of the top-tier industry connections, California and NYC are worth it. If you’re just moving for a paycheck, might as well move to Texas or Florida.

    • @TrevorOFarrell
      @TrevorOFarrell Před 3 lety +9

      @@JC-rl6ln If you dont mind living in.... Texas or Florida. Which both are pretty large downgrades from California.

    • @TrevorOFarrell
      @TrevorOFarrell Před 3 lety +4

      only right wing nuts think moving to tx, or fl, from ca are upgrades.

    • @gregorysefian4275
      @gregorysefian4275 Před 3 lety +4

      It is a bizzare salary for an executive assistant even in CA

  • @vee9043
    @vee9043 Před 3 lety +57

    So basically he’s employed in the family business? Nothing wrong with that but kind of misleading to say the least.

    • @MoInTheCity03
      @MoInTheCity03 Před 3 lety +20

      I agree fully. I clicked off once I realized very quickly that’s the path he was going

    • @RandomViewerOnline
      @RandomViewerOnline Před 3 lety +18

      Yeah it's cool he gets to do that, but I'd prefer to see content that isn't really nepotism.

    • @tkp97
      @tkp97 Před 3 lety +2

      I thought he was self made until I saw this comment lol.

    • @Fierag
      @Fierag Před 3 lety +3

      Sotheby’s is not a family business, I live in Marin county and most of Sotheby’s real estate listings are 5m+ they’re the upper echelon of luxury real estate listings. Commission on a single piece of real estate sold for them can be 150k+ and just at a 3% commission rate, some agents get more

    • @MoInTheCity03
      @MoInTheCity03 Před 3 lety +1

      @@Fierag comment is not about Sotheby’s.

  • @abcdLeeXY
    @abcdLeeXY Před 3 lety +173

    Financial literacy, something American school Refuses to provide. As parents, we must educate our kids on this topic.

  • @anaveragejoe6710
    @anaveragejoe6710 Před 3 lety +76

    I am in my 20s. Jobless for many years. When I see these videos, I feel little sad that I couldn’t make it to their level but these videos give me the motivation to work hard, think positively , succeed in my life and not waste valuable time.

    • @MrLMD1234
      @MrLMD1234 Před 3 lety +38

      Unless you have wealth parents like this guy it's impossible

    • @nomafmaroga6827
      @nomafmaroga6827 Před 3 lety +36

      Don't compare yourself with others. You are running your own race. Tomorrow you might be richer than him. Focus on your own achievement my dear.

    • @Incrediblewash
      @Incrediblewash Před 3 lety +6

      Dont give up homie!!! Gotta stay postive and success will come.

    • @FockewulfAz
      @FockewulfAz Před 3 lety +1

      An Average Joe where do you live? In CA Oakland Mosque I am going to teach python classes for free! Join us! We are very friendly community!

    • @wandayusuf7657
      @wandayusuf7657 Před 3 lety +2

      don't compare to others. everybody has their own unique journey. enjoy and keep working hard.

  • @aminat643
    @aminat643 Před 3 lety +189

    Wow - he is doing big things at such a young age. I couldn't even fathom making half a million at 25!

    • @wavygoods877
      @wavygoods877 Před 3 lety +9

      It also said him & his brother have over 9 million in investments

    • @collintrax5702
      @collintrax5702 Před 3 lety

      Be careful what you wish for. :))

    • @kptforexacademy3553
      @kptforexacademy3553 Před 3 lety +3

      Start 'fathoming' already..

    • @prettygirlus9008
      @prettygirlus9008 Před 3 lety +12

      I was still living in my childhood bedroom at 25 y/o.

    • @nickwright6759
      @nickwright6759 Před 3 lety +9

      everybody on their own path. it’s a marathon- not a race

  • @slowcarsfast
    @slowcarsfast Před 2 lety +7

    secretary claims to make $515k but only earns $15k/month post tax (suggests annual income closer to $350k). saves "99%" of his income since he graduated from college 3 years ago to buy properties. even at 500k annual income, $1.5m is the down payment on one house in berkeley, never mind buying one outright. but he claims to own several. revenue from rental properties also doesn't add up to his total after going 50-50 with his brother. something doesn't add up to the tune of several million dollars. surprised this passed most of the comment section's sniff test

  • @JonathanSorunke
    @JonathanSorunke Před 3 lety +91

    It crazy that he’s doing all of this at 25! Buying investment properties in one of the most expensive regions in the Country is awesome! Best of luck to him!

    • @AmanSingh-wb5tp
      @AmanSingh-wb5tp Před 3 lety +25

      Hes doing it becuase hes got money from his family

    • @Diamond-xl1vs
      @Diamond-xl1vs Před 3 lety +1

      @@AmanSingh-wb5tp so what??

    • @jackz5846
      @jackz5846 Před 2 lety +8

      @@Diamond-xl1vs so it's not a good display of a standard 25 yr old.

  • @garrett21
    @garrett21 Před 3 lety +5

    What a great family. Doctor, successful real estate owners, entrepreneur mom, NBA Ref. Crazy

  • @zoraztv2312
    @zoraztv2312 Před 3 lety +5

    Wow Sahil, thank you for sharing your story. I'd love to connect with you and learn more about your journey! I was so motivated by this :)

  • @JohnCarlosMartinez
    @JohnCarlosMartinez Před 3 lety +12

    This is one smooth dude! Great episode. Let me hold a dollar man!

  • @darkprince56
    @darkprince56 Před 3 lety +26

    Yeah but how did he get money to start… By the sound of it, they weren’t poor. How did he become a real estate investor? Where did he get the money to invest? How does he have 9.4 million in investments year only earns 515k?

    • @cmac3764
      @cmac3764 Před 3 lety +5

      Exactly! Parents funding and support, hence him moving over to Berkeley area and having real estate license by 18.

    • @cmac3764
      @cmac3764 Před 3 lety +16

      This isn’t purely humility and luck, but a lot of intentional strategy and pooled family resources involved.

    • @triciacharles8022
      @triciacharles8022 Před 3 lety +3

      5:15 is the answer…

    • @jackz5846
      @jackz5846 Před 2 lety +1

      @@triciacharles8022 there's no 500k salary for a grad working as an assistant unless his Mom hires or family connection hires him or something

    • @triciacharles8022
      @triciacharles8022 Před 2 lety

      @@jackz5846 he literally said he was an assistant working for a big relator and he gets commission on EVERY house sold AND he owns rental property…

  • @DearTech
    @DearTech Před 3 lety +40

    You're an inspiration to a lot of young folks, i would love to see a in-depth version of the video. I'm pretty sure we'll learn a lot specially in terms of real estate. My vision is kinda similar have a company rn as 18yr old but really wanna go 2 steps further in upcoming 2 yrs.

    • @josephleeroy8400
      @josephleeroy8400 Před 3 lety +1

      @vinamra - keep working hard, as an 18 yr old your mentality is already at the right place. let time + compounding results take hold, just focus on the process and execution along the way

    • @DearTech
      @DearTech Před 2 lety

      @@josephleeroy8400 sure i will🙃❤️

  • @Ninadion27
    @Ninadion27 Před 3 lety +316

    At 25, he inspires me…WOW😀, It only goes up from here☝🏽☝🏽☝🏽. Keep pushing🙌🏽🙏🏽

  • @sidehustlevikki1066
    @sidehustlevikki1066 Před 3 lety +25

    wtf am I doing with my life. I clearly am not working smart enough. This is amazing!!!! Glad he is taking care of his family.

  • @AngeXie
    @AngeXie Před 3 lety +6

    This is my favorite Milennial Money episode! Love his story.

  • @ivinitmittal
    @ivinitmittal Před 3 lety +42

    He looks 15 and 25 at the same time!!😂😂😂

    • @AB-lm6dy
      @AB-lm6dy Před 3 lety

      😆😂... cause he is tall, wish i was 😅... his face is youngish looking but his frame is of a 25 yr old... if he was 5’-7” he would def look 15

  • @LifeofKairo
    @LifeofKairo Před 3 lety +285

    "I don't pay any rent right now, I live in a building I own"
    I'm on the budget version of that...rent hacking instead of house hacking.

    • @robwashington-personalfina5674
      @robwashington-personalfina5674 Před 3 lety +3

      Haha same. It’s called my wife

    • @jaredtheboss
      @jaredtheboss Před 3 lety

      Explain

    • @gidd
      @gidd Před 3 lety +4

      @@jaredtheboss Roommates

    • @rishipancholi
      @rishipancholi Před 3 lety +1

      What about his mortgage?

    • @LifeofKairo
      @LifeofKairo Před 3 lety +2

      @@jaredtheboss made a vid about it but essentially I cover all rent, bills and make a profit putting the other rooms on Airbnb etc

  • @consumer338
    @consumer338 Před 3 lety +16

    I love how humble he is.

  • @bijansaenic7613
    @bijansaenic7613 Před 3 lety +3

    So happy this appeared in my queue, I needed this! Message is save, save, and save some more for financial independence.

  • @dip5635
    @dip5635 Před 3 lety +4

    Love this guy! Good on him. A great example of a young man and a natural leader!

  • @Lifeafter40
    @Lifeafter40 Před 3 lety +158

    My daughter sells candy and cup o noodles in her middle school. She has hopes like his. Child of immigrants know the hustle ;-)

    • @user-uo6tm8gm2v
      @user-uo6tm8gm2v Před 3 lety

      Apologies for contact is In letters cause of CZcams rules:Plus one six four six five nine eight nine three seven five

    • @Lifeafter40
      @Lifeafter40 Před 3 lety

      @W W that's a limited mindset that can't even see beyond your own potential based on yourself imposed limitations.

    • @saibamoe
      @saibamoe Před 2 lety

      @@Lifeafter40 what limitations?
      Dude, or mam, nobody alone by themselves at the age of 18-20 can afford to buy buildings. He was being bankrolled by family, someone gave him initial seed money to start investing. Otherwise he couldn't have

  • @01jbeals
    @01jbeals Před 3 lety +5

    Good job man! Good attitude, humble, kind and smart. Your parents raised you right, hats off to your parents and to your work ethic. 🙌🏼

  • @garyboy7135
    @garyboy7135 Před 3 lety +9

    So his rental income is 24K a month, split 50% with brother = 12K/month or 144K/year. Where does the remainder of the 370K come from? Don't think other investment or salary as an executive assistant can get you that high a year?

    • @Nico-ku6bt
      @Nico-ku6bt Před 2 lety

      commission on sales, dividends from investments in stock, maybe he included capital gains on his stocks/real estate in that figure as well.

  • @rexyzvent5864
    @rexyzvent5864 Před 3 lety +6

    If you can find out those tricks/loopholes you can progress quickly. Keep squeezing in that family trip to Hawaii, its precious.

  • @AlexSanchez2254
    @AlexSanchez2254 Před 3 lety +5

    I love this man. We need to link up my man you have a lot to teach me!

  • @theDanDeleon
    @theDanDeleon Před 3 lety +187

    This guy has taken advantage of every opportunity and resource given to him. Respect. And shout out to everyone in the comment section complaining. Lmaoo

    • @twincherry4958
      @twincherry4958 Před 3 lety

      😋

    • @saibamoe
      @saibamoe Před 2 lety

      wish I had wealthy parents to take advantage of for free

    • @montyi8
      @montyi8 Před 2 lety

      @@saibamoe yes you wish

  • @a004
    @a004 Před 3 lety +22

    These millenial money episodes are going the way of social media flexing. These episodes are all about assets and zero mention of liabilities (his debt). Makes it look like he's a millionaire but his net worth is probably negative.
    Get back to the old, well-rounded and transparent formula that made Millenial Money so great in the first place.

    • @Josh-fw5yt
      @Josh-fw5yt Před 2 lety +3

      This. What is his net worth? Is that top line or net of expenses? Parents are doctors and business owners and nepotism played a big part here. Still a great story, but I’m not impressed by well-connected people who succeed. I’d be more impressed if he messed it up. Having grown up in poverty, graduated yale, and now working on wall street with two side hustles clearing $400k, this is 🤷‍♂️ to me.

  • @tigerak02
    @tigerak02 Před 3 lety +32

    Something doesn't add up here, this is coming from a millennial multimillionaire early retiree. He got some big time help to raise the capital for all those deals.

    • @johnjohnson3390
      @johnjohnson3390 Před 3 lety +9

      Yea they left out those crucial details conveniently enough

    • @annajones9701
      @annajones9701 Před 3 lety +1

      How did you make so much and retire so young?

    • @tigerak02
      @tigerak02 Před 3 lety +2

      @@annajones9701 Investing through a salary

    • @annajones9701
      @annajones9701 Před 3 lety

      @@tigerak02 were you investing in real estate or stock market?

    • @tigerak02
      @tigerak02 Před 3 lety +1

      @@annajones9701 Never have touched real estate outside of the small condo I live in

  • @VR-tw3ek
    @VR-tw3ek Před 3 lety +5

    This guy worked hard ... helping parents too that was very good

  • @georgezanas3039
    @georgezanas3039 Před 2 lety +8

    I still do not understand how he managed to buy with 10m worth of real estate within 5 years while starting from zero.
    Just from real estate commissions?
    Then all the real estate agents must be millionaires.

    • @youngfinance6319
      @youngfinance6319 Před 2 lety +4

      His parents helped him

    • @tkokflux6322
      @tkokflux6322 Před 2 lety

      @@youngfinance6319 lol I just watched grahams video u ppl really do be salty u dont know anything about him and are making assumptions based on absolutely nothing

    • @youngfinance6319
      @youngfinance6319 Před 2 lety +3

      @@tkokflux6322 I didn't say anything wrong or hateful did I? All I said is his parents helped him which is a good thing. It means he has parents who care about him and support him. I also have parents who help me and support me financially so nothing wrong is being said here

  • @omowhanre
    @omowhanre Před 3 lety +356

    Yes, the immigrant curse/blessing...urgency and carrying others on your back.

    • @sidehustletips
      @sidehustletips Před 3 lety +6

      Are you an lDl0T? His Dad had a massive heart attack, that has nothing to do with being an immigrant.

    • @abdullahyasir6939
      @abdullahyasir6939 Před 3 lety +60

      @@sidehustletips The user above was using it as a compliment and yes the immigrant curse is real it pushes you to do some amazing things.

    • @omowhanre
      @omowhanre Před 3 lety +14

      @@sidehustletips maybe you didn't do so well in reading comprehension because it seems like you are 1000% committed to misunderstanding me. Unfortunately, that's a YOU issue. Good luck with life.

    • @LowerEastSideLegend
      @LowerEastSideLegend Před 3 lety +18

      His dad was a doctor and his mom was a business owner - seems like they were the ones with the immigrant curse/blessing

    • @lukebradley7879
      @lukebradley7879 Před 3 lety +8

      Who paid for all his real estate endeavors? You think he became a millionaire By 25 without any financial help

  • @kdilli6426
    @kdilli6426 Před 3 lety +82

    YES. Patience is key. It can be hard when those around you are reaching their goals and achieving success.
    Keep putting the time and work in and it almost always pays off eventually!

  • @riftech57
    @riftech57 Před 3 lety +11

    I kinda wish the show got into how Sahil got a 500K job? He is very lucky to have a position that isn't very common to get for his age.

    • @MrLMD1234
      @MrLMD1234 Před 3 lety +6

      Wealthy parents

    • @sreerajr6470
      @sreerajr6470 Před 3 lety +1

      ,@@MrLMD1234 they lost most of their wealth in the 2008 market crush.

    • @pratriciadewan7396
      @pratriciadewan7396 Před 3 lety +5

      @seeraj r. I think having a physician dad in the US means his family be ok.

  • @JJJosh949
    @JJJosh949 Před 2 lety +32

    As an executive assistant he’s pulling in that much…. Healthcare was certainly not the right path 😅

    • @auroramothergoddess
      @auroramothergoddess Před 2 lety

      Don’t feel bad he’s daddy has physician money with a physician network

  • @chaitanyasakineti894
    @chaitanyasakineti894 Před 3 lety +6

    So far , one of the best picks from the channel :)

  • @DavidNassau
    @DavidNassau Před 3 lety +21

    Everyone is on their individual path. Inspiring to see how GRIT, focus, and determination has resulted in his success at a young age.
    Also, lowkey wish I learned about Real Estate sooner 😅

  • @danninemx
    @danninemx Před 3 lety +14

    “Make $350-400k … as an executive assistant”
    Wtf, why is there an extra digit? No way that’s the salary from the job.

    • @74501a
      @74501a Před 3 lety +2

      Seriously that is more than most doctors and lawyers. I was wondering the same thing. Maybe his boss is a bigtime agent and shares a "small" cut of his earnings with Sahil for his work as an assistant. So if business is good for his boss he makes a ton.

    • @jacobswartz1061
      @jacobswartz1061 Před 2 lety

      @@74501a he said he makes a commission on every property deal so they probably included that

  • @scumpuppies
    @scumpuppies Před 3 lety +124

    Executive assistant salaries don’t buy you properties in the bay area; Family help, which is fine, but it’s good to be a bit more transparent and upfront to viewers.

    • @MoInTheCity03
      @MoInTheCity03 Před 3 lety +7

      Exactly

    • @planetChristie
      @planetChristie Před 3 lety +5

      He probably is a executive assistant contractor where he can help multiple owners/companies.

    • @aznswiedie
      @aznswiedie Před 3 lety +33

      he works for Hermann Chan who prob pulls in 5M a year, so he can def make 400-500K for him and buy real estate

    • @kama6196
      @kama6196 Před 3 lety +5

      Just say you 😡.

    • @scumpuppies
      @scumpuppies Před 3 lety +1

      Let it be clear, not trying to knock the kid. Think he has a tremendous work ethic and I’m happy for him, in fact, it’s inspiring to see.
      Work hard, everyone. You’ll get where you need to be!

  • @Chedda3000music
    @Chedda3000music Před 2 lety +5

    Love his “why”. It’s the same as mine. Family is everything.

    • @sct4040
      @sct4040 Před 2 lety

      The word, why, is now a noun?

  • @chamberofrelics
    @chamberofrelics Před 2 lety +5

    Rich kid becomes richer. Let's celebrate.

    • @airgunningyup
      @airgunningyup Před 2 lety

      yea, I think hes the highest paid exec assistant in the country

  • @kuansterful
    @kuansterful Před 3 lety +56

    No one is going to mention how his brother is a NBA referee?!

    • @tbprofile1295
      @tbprofile1295 Před 3 lety +4

      Super cool. And those refs make a high annual salary as well.

    • @sophiaimafidon6469
      @sophiaimafidon6469 Před 3 lety

      Refs don't make much 😒😒😒😒

    • @tbprofile1295
      @tbprofile1295 Před 3 lety +10

      @@sophiaimafidon6469 NBA refs make 250-500k per year on average depending on seniority, etc. Plus I Imagine they have amazing benefits and many expenses paid.

  • @gworld911
    @gworld911 Před 3 lety +14

    the vest, the Tesla, and the Berkeley degree tells me all I need to know

    • @annajones9701
      @annajones9701 Před 3 lety +1

      What about vest?

    • @xohannahbananaa
      @xohannahbananaa Před 3 lety +6

      @@annajones9701 it’s a canda goose, they’re pretty expensive, that vest is likely around $500?

    • @gworld911
      @gworld911 Před 3 lety +8

      @@annajones9701 a lot of new money in the Bay Area wear vests like that as a form of class signaling/uniform

    • @anoukc6928
      @anoukc6928 Před 3 lety

      @@xohannahbananaa yeah Canada Goose is so expensive

  • @DoTheDomThing
    @DoTheDomThing Před 3 lety +1

    Great kid, great family, and great story all around. Totally inspired. Congrats on the success!

  • @SincerelyDiane
    @SincerelyDiane Před 3 lety +32

    Wow. Another 25 year old speaking here, he is earning a LOT. I never new EAs earn that much but then again it's Cali. Looks like he has a good work ethic and family that mentors him to be great. Wishing all who read this great success!

    • @Hegde-
      @Hegde- Před 3 lety +2

      I thought cali was much more expensive. Looking at his numbers it is a lot cheaper than i anticipated.

    • @ye23.
      @ye23. Před 2 lety

      It didnt specify how much of his income comes from his job

    • @erikasatya5394
      @erikasatya5394 Před 2 lety

      @@ye23. Precisely. His success is nonetheless amazing, but a fraction definitely comes from him earning passively like what he said, the rental properties, and then there are investment/indexes and not splurging on minor things which is very smart. I didn't think real estate developers made half a million a year, but then again it's Cali, I work in the Bay Area in the Santa Cruz Mountains and wouldn't be making and saving a range close to what I would be if I were elsewhere.

    • @ye23.
      @ye23. Před 2 lety

      @@erikasatya5394 not a fraction, the majority comes from his rentals. He doesnt even need the job he could work for himself

  • @somefriend565
    @somefriend565 Před 3 lety +14

    I mean this just absolutely amazing- young man. Also kudos to your parents to raise such wonderful kids who think the way u do, also create a wonderful family atmosphere where siblings are not competitive but helping each other and the parents. You deserve all that u got and more. God bless.

  • @Mr1wd
    @Mr1wd Před 3 lety +243

    His mindset and maturity is way ahead of his actual age.

    • @Xj6245
      @Xj6245 Před 3 lety +1

      Age is irrelevant of maturity

  • @taoist32
    @taoist32 Před 3 lety +33

    He never let his youth stand in the way of his success. He looks much younger than 25.

  • @rexyzvent5864
    @rexyzvent5864 Před 3 lety +13

    Also his brother is killing it!

  • @msdukaaa
    @msdukaaa Před 3 lety +87

    It is so nice that he is buying a house for his parents!

  • @lukebradley7879
    @lukebradley7879 Před 3 lety +9

    How did he get all that money to invest in one of the most expensive areas in the world at only 25

  • @cfont4939
    @cfont4939 Před 3 lety +89

    As the child of Asian immigrants, this story speaks to me!! Congratulations on being able to buy your parents a house, allow them to retire, and making them so proud!

  • @robynw8223
    @robynw8223 Před 3 lety +1

    Good for you! You're really making strides at such a young age!

  • @AnonYmous-hu6jd
    @AnonYmous-hu6jd Před 3 lety +13

    This is the first time I’ve watched millennial money and thought--Hey, this guy gets it. Good for you! And shoutout to your wonderful family!!!!

  • @eadruna
    @eadruna Před 3 lety +13

    Watching this not even jealous but daanngg. Great life! He is really humble and he makes that much since he with bis brother rent out 5 properties. I prefer this guy to couple who retired early while having

  • @TheDanaYiShow
    @TheDanaYiShow Před 3 lety +9

    He's killing it! Get this man a youtube channel 😂😂 Love these videos, keep them up :)

  • @sidehustletips
    @sidehustletips Před 3 lety +190

    Let this be a lesson that you can be an Introvert and hustle in an extroverted environment.

    • @552mustang
      @552mustang Před 3 lety +4

      Yeah, still sounds like torture. Much rather WFH and get paid that way.

    • @brklyn2922
      @brklyn2922 Před 3 lety +1

      Amen! He has a good personality.

  • @cocomarineblu993
    @cocomarineblu993 Před 3 lety +49

    This kid is awesome. He’s gonna have a beautiful life.

  • @TomNook.
    @TomNook. Před 3 lety +26

    Thats a lot of commission. Those houses must be in the tens of millions

    • @st22763
      @st22763 Před 3 lety

      The average house price in Silicon Valley is $2m, so it is possible if he sells several in a year.

  • @Trendsetic
    @Trendsetic Před 3 lety +5

    Who is anyone to say who deserves and who deserves not? I find that an interesting conversation that isn't always brought up. If you listen closely he says he worked since he was a kid, his parents had losses during the recession. His parents worked hard as well. People would be more blessed if they blessed those who were blessed.

  • @GaryBryanDobbsSales
    @GaryBryanDobbsSales Před 3 lety +2

    Smart guy! Great to see him have the right planning with making money and investing it.

  • @codyrienstra2366
    @codyrienstra2366 Před 3 lety +4

    Congratulations Sahil, on your fortunate life circumstances through your hard work ethic, wise life choices/decisions and discipline! Am very happy for you and hope you continue to strive and prosper, keep up the phenomenal work! Also happy to see you are able to enjoy the fruits of your labor and keep in touch with your family. Thank you for the encouraging positive message Sahil!!

    • @krisb-travel
      @krisb-travel Před 2 lety +1

      Dude its not real, you really think they paid a 20 year old kid 500k a year and that he saved 100% of his money to own a portfolio that big. lmao. Its daddies money