Episodes
Does your money work for you as hard as you work for it. How can you double your money and not put it at risk? Don’t gamble on stocks, you need a hard asset. Here are 3 goals you should have with your money: 1. Double your money, triple your money, even 10X your money. 2. Never lose money, never ever lose your initial investment. 3. Invest in hard assets that produce income. You need to get cash flow. This allows you to use time to multiply your money. Real estate also lets you build wealth...
Published 08/14/17
The easier a loan is to get, the less money you will make, the more trapped you are, and the fewer buyers will be there to buy your deal on your exit. There are different types of loans, and the easiest to get is a residential loan, which is 4 units or less and you must live in one of them. This is better than a home loan. This loan is not just based on your credit, it’s based on income. Commercial loans are more difficult to get. Here’s what they’re going to look for: 1. They’re going...
Published 08/07/17
If you’re going to do small deals, change your goal. Get in, fix the deal, and find a buyer so that you flip the deal, and keep flipping until you have enough cash for 32 units. If you buy a 4-unit deal, the goal is to improve the property and increase the rents so that the cash returns are better and you can sell the place higher. This is multi-family apartment flipping. Don’t stay in a 4-unit deal, you might make $600 a month, but it’s not worth the headache, you should just get better at...
Published 07/31/17
Today on the Real Estate Show I take callers and review deals. Watch me walk the callers through my thoughts as I do the numbers. This is how you buy real estate. Don't just look at one part of the deal, look at all the numbers. If you have 3,4, or 5 units, put a big package together and sell them as one deal. This is what I do, accumulate a number of deals together, package them as 1, and the pig will get lost while the jewels will stand out—and you will get a premium. If you don’t want to...
Published 07/24/17
Today on the show Grant advises to not chase your budget. Finances are won on offense. When you don’t have money, you need to get other people’s money. Who’s got your money? Don’t buy deals you wouldn’t look at if you had a bunch of money. The fact is, we all get stuck finding money no matter how rich you are, so the thing to keep in mind is the deal is what matters, not how much money you have. Most people do deals based on how much money they have. There is no such thing as no money down...
Published 07/17/17
I’m going to tell you about an unstoppable game today. It’s called affordable housing. I have a saying, “rent one door, own many doors.” If you’re out there flipping homes, if you’re buying shopping centers, if you’re buying a house, this message is for you. I’m going to predict the future of real estate. Retail malls will get crushed—Malls are going to bear the brunt of changes in retail. First it’s going to be the strip centers, the little strip centers with the Radio Shacks. 5 years ago...
Published 07/10/17
How’s this for simplification? If it’s 1 door rent it, if there are many doors, own it. Today I want to tell you the 4 things you must know in every deal. Don’t get confused with all the lingo. All the quadrants matter, don’t get fixated on one of these. When one thing goes down, something else goes up. 1. Price 2. Down Payment 3. NOI 4. Cash on Cash These are the 4 quadrants you need to look at in every real estate deal. One is not more important than the rest, they all tie together to...
Published 07/03/17
Passive Income for Life I talk about 3 types of income today. The 1%ers understand these. You want money that is indestructible, money that you earn while you sleep, and money that will outlive your body. To get there, you have 3 types of income possibilities: 1) Earned—the money you make at your job 2) Portfolio—stocks, bonds, mutual funds---paper that you exchanged with money earned from your job 3) Passive Real Estate would be passive, but make no mistake, it’s not completely passive...
Published 06/19/17
There is no shortage of money on planet earth. You don’t need your money in dead real estate—you need income producing real estate. Unless you are making $50 million a year, you don’t need to be investing in a house. Flipping a home is not real estate investing either, it is a sales job. The way you learn real estate is with your feet, you have to walk properties. Here are 4 ways to invest: 1) Yourself 2) REIT 3) Syndication 4) What GC does
Published 06/12/17
Real Estate Investing Made Simple: Here are 4 things you will need to do to get your 1st deal in real estate: 1. Find a deal— People think it’s easy getting into real estate but it’s not. It takes reading report after report. You have to find a deal and that’s harder than people think. 2. Analyze it—Do you know what to look for in a deal? Do you know the terminology? 3. Finance it— It’s expensive getting a big deal. Buildings with 50 units or more are out of reach for most people. Most...
Published 05/29/17
Today Grant Cardone shows you how to find and buy apartments with little or no money down. Mr Cardone owns 4000 apartments at CardoneAcquisitions.com and shows you the four ways to buy real estate. In this show he takes deals in Tampa, Phoenix, Cleveland, Riverside, Ft Lauderdale and makes sense of them.
Published 05/15/17
What is CAP Rate? The number one question I get asked is, “What CAP rate do you buy?” but this is the wrong question. One piece of data doesn’t substantiate a deal. Don’t get locked into one term. All the pieces of data matter. You need to feel the deal, meaning, do you want to actually do the deal? The lower the CAP rate the higher I can sell it for. What’s a good CAP rate? It depends. I would have made a fortune in San Diego 20 years ago buying extremely low CAP rate properties. Think...
Published 05/01/17
Passive Income for Life I talk about 3 types of income today. The 1%ers understand these. You want money that is indestructible, money that you earn while you sleep, and money that will outlive your body. To get there, you have 3 types of income possibilities: 1)Earned—the money you make at your job 2)Portfolio—stocks, bonds, mutual funds---paper that you exchanged with money earned from your job 3)Passive Real Estate would be passive, but make no mistake, it’s not completely passive...
Published 04/10/17
Here are 4 ways to invest: 1) Yourself 2) REIT 3) Syndication 4) What GC does
Published 04/03/17
Published 03/27/17
Why does Grant invest in real estate? Before you do anything, whether it is getting married or just getting a pet, you need a reason. You need to know why you are doing something. Here are reasons Grant—and you—should invest in multi-family real estate: 1. Dependable cash flow. 2. Multiply money. 3. Low cost of debt. 4. Inflation hedge. 5. Physical Assets. 6. Tax Benefits. 7. Asset Appreciation. 8. Ownership. We’re following Japan and we’ll see negative interest rates someday. The bank is...
Published 03/27/17
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...
Published 03/13/17
Real estate is the best way to grow wealth. If you want to get super rich, get involved in real estate — but I'm not talking about just any real estate. I recently wrote an article that explained why buying a house is for suckers. A home is not an investment, because it doesn't pay you each month — you have to pay it. It's a liability to me, not an asset. Not only does a house leave you less mobile, it ties up your money so you can't use it for real assets. There are many indications that...
Published 03/06/17
Buying Multi-family is not buying real estate—it’s buying a business. Every dollar that you spend, 30 cents should cone back to you. If you don’t get a return on investment, why spend the money? I bought 192 units recently. Originally I thought we were going to fix 48 units which would cost $480,000. Now we are doing just 10 units spending $48,000 creating the illusion we are spending $480,000. It’s not about taking short cuts—it’s about being smart about cutting costs that aren’t needed....
Published 02/27/17
You must underwrite for the worst case scenario. What is underwriting? How do you underwrite? Can you underwrite? Why is it important? How can you get a real estate deal? Let Grant Cardone teach you how to do everything real estate! You can become rich, it is possible, and your way to wealth is through real estate. Before you get into it, you must educate yourself. This show is your weekly class to start getting in the game. Grant has gone from nothing to 3,800 apartments in 4 states. Where...
Published 02/20/17
How can you find a good deal in real estate?! Understand the game. You’ve got to be looking everyday, and if you’re not making time to look every day you’re not committed. I get a lot of questions coming in saying, “How do you know it’s a good deal?” and so what I do is I actually build a spreadsheet so I know everything that’s on the market. It’s called a pipeline, so I have 20 properties in St. Lucie and I know everything about those deals so I know how much they’re going for, how much they...
Published 02/13/17
Grant Cardone and Captain Ryan talk Real Estate and go over deals with you this week! Are you ready to start investing in multi-family?! If you want your deal looked at, call in next week. You have to learn the game if you want success. A deal may look good at first glance but you have to do your homework!
Published 02/06/17
When you get into real estate, one of the things you should know about is re-trading. This is when any unanticipated changes happen to previously agreed to terms. This is basically when the purchase price gets changed. Maybe the buyer gets the property under contract and starts doing his due diligence and finds something that makes him realize the deal needs to change. I don’t do re-trades unless if two things happen: 1. I have to—sometimes you will find something new, and the deal no longer...
Published 01/30/17
Published 09/15/16
Published 09/15/16