Josh Altman Net Worth $10 million: Josh Altman is an American real estate agent, investor, reality television personality and author. He is best known for his appearance on Bravo TV’s hit series Million Dollar Listing. Josh Altman has sold over $3 billion worth of real estate mostly in the luxury neighborhoods of Los Angeles. Altman who is recognized by the Wall Street Journal as one of the world’s top real estate agents has an estimated net worth of $10 million. Josh works in partnership with his brother Matt under their real estate firm Altman Brothers at the brokerage Hilton & Hyland. Here is his story.
Josh Altman Net Worth: How He Began
Josh Altman was born on March 10, 1979, in Newton, Massachusetts into a Jewish family. After graduating from Newton South High School in 1997, Altman went on to earn a Speech Communications degree from Syracuse University. With interest in real estate, Altman moved to Los Angeles and began investing and flipping residential apartments. This he did for the first three years under his self-established finance real estate company before joining forces with his brother Matt to establish Altman Brothers.
Their property flipping business proved quickly successful and at the age of 26 in 2005, Josh had made his first $1 million. However, just as quickly, he lost it all to one bad investment. After a highly successful sale for which they made $200,000 in profit, the brothers began rolling the money into bigger properties they couldn’t afford. The loss left him in a wreck. Josh thought that he’d never be able to restore his millioanire status. However, in the midst of the doubt, the brothers kept pushing on. If anything, Josh learned not to buy the things that he couldn’t afford.
Josh Altman Net Worth: Restoration, Million Dollar Listing
The brothers began their restoration journey by joining brokerage firm Hilton & Hyland in 2006. Soon Josh was back to wining ways, representing high net worth individuals from pro athletes to TV stars, and even international clients. He focused on luxury properties in LA’s high-end neighborhood including Sunset Strip, Hollywood Hills, Beverly Hills, Holmby Hills, and Bel Air.
In 2010 and 2011, The Altman brothers respectively sold $40 million and $60 million worth of real estate properties. In 2011, Josh made his debut on hit Bravo show “Million Dollar Listing Los Angeles.” Though his borther Matt wasn’t cast on the show, he proved to be an important factor in most of the lucrative deals he closed.
In order not to repeat the mistake of investing himself into penury, Josh says that once he gets the paycheck “I take half of it and put it into a separate account that I can’t touch. That’s my No. 1 rule. I don’t even think I have more money than I have because it’s already in a different account that I don’t even look at.”
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By 2013, Altman and his brother, according to the Wall Street Journal, had sold $200 million worth of properties with an average of $40 million annual sales. Some of his most iconic sales include; a $10.5 million apartment in Ocean Drive which went down in history as the most expensive single apartment sever sold in Santa Monica; a one-bedroom apartment sold for $20.1 million which became the most expensive one-bedroom apartment in history, among others. He made a profit of $1 million flipping a single property in 2014.
Dubbed “The Key To The City”, Josh Altman has access to over $1 billion worth of properties in Los Angeles. He has sold more houses to celebrities than any other real estate agent. He sold Kim Kardashian and Kanye West their mansion in Bel Air for $11 million back in 2013. Kimye reportedly spent an additional $2 million on renovations. He sold Tyler Perry‘s house, the same day the multi-millionaire filmmaker contacted him.
When asked in a Forbes interview about his top 3 businesss tips, Altman replied; I have five actually. 1. Love what you do, 2. Be 24/7, 3. Be hard on yourself, 4. Treat everyone with respect. and 5. Separate yourself from everyone else.
Josh has worked as a consultant for The Wall Street Journal and the Boston Herald. His first book titled “It’s Your Move” was published in 2015. In the book, Josh reveals his trade secrets and offers aspiring entrepreneurs and professionals tips to help outsmart the competition.
He met fellow real estate agent Heather Bilyeu on MDLLA. The pair got engaged in 2013 and married in Jewish wedding in Aspen in November 2016. The couple welcomed their first child, daughter in April 2017.
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