Joe Jonas – Sherman Oaks, $3.7 Million

Joe Jonas is a famous singer, songwriter, and actor who is best known for his band Jonas Brothers. Despite an initial failure to make a commercial entry in 2006, the band members persevered and in 2007, made their initial breakthrough after they signed with Hollywood Records. They have since appeared in many Disney Channel shows, making them household names. Jonas also had a very prolific love life, having dated fellow celebrities like Taylor Swift and Camilla Belle.

He bought a mansion with two stories in Sherman Oaks. It covers 5,600 square feet and features six bathrooms, multiple fireplaces, a seven-seater home theater, an office, an open kitchen, and a pool. Before getting his own real estate investment, Jonas used to rent a place and spent six figures in less than four months. He made the right move by purchasing a home because renting a mansion is so wasteful. Kudos to his financial advisor for helping him manage his money.