037: How to Start Investing
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Description
Grant Cardone Real Estate: Are you ready to get involved in real estate? There are 3 principles you need to know and apply to be successful in this game: 1) Never rely on one thing of anything 2) Don’t buy based on your budget 3) Don’t buy less than 16 units Most people do the opposite of all 3—they rely on 1 single family home that was bought based upon their “budget” and they never would even consider buying 16 of anything. This comes from small think and it leads to small money. To get rich you need to take more debt and go big from the get go. For more, listen in to the Real Estate Show every Monday at noon EST.
More Episodes
Real Estate Investing podcast moved to Cardone Zone. All episodes in one place. Go to GrantCardone.com/podcast
Published 06/08/18
When do you start reinvesting money into a property? Here are 4 rules: #1 Never do the whole rehab #2 Do your worst case scenario #3 Look for 30% return or don’t do it #4 Leave something for the next guy Buying Multi-family is not buying real estate—it’s buying a business. Every dollar that...
Published 06/05/18
What are Mistakes Most People Make When Investing in Real Estate? #1 Not buying #2 Deal is To small (less than 16 units) #3 Doing single family deals #4 Taking too much debt #5 Bad Buying price #6 Buying unwanted deals #7 No direct cash flow #8 Moving out from your MARKET #9 Not Knowing your...
Published 03/26/18