MB 188: STOP Saving Your Money & START Investing in Multifamily – With Grant Cardone
Financial Freedom with Real Estate Investing
English - November 18, 2019 10:00 - 40 minutes - 37.8 MB - ★★★★★ - 464 ratingsInvesting Business Education business entrepreneur health entrepreneurship finance marketing lifestyle investing entrepreneurs interview Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Do you have your money right? Or are you handing it over to Wall Street and hoping for the best? What if I told you that the secret to true wealth is to STOP saving your money and START using it to invest in real assets—like multifamily real estate!
Grant Cardone is the CEO of Cardone Capital, a multifamily real estate investment firm with more than $1.36B in assets under management. He is also an international speaker and bestselling author, well-known for creating the 10X Movement and 10X Growth Conference. Grant was named the #1 marketer to watch by Forbes, and he is a widely respected entrepreneur who owns and operates seven privately held companies.
On this episode, Grant joins me to share what he’s investing in now, discussing what kind of returns he expects on multifamily deals. He walks us through a day in the life of Grant Cardone, sharing his secret to work-life balance, his definition of true wealth, and his thoughts on the importance of spirituality. Listen in to understand what is driving Grant to build a legacy and learn how his Reg A fund serves non-accredited investors.
Key TakeawaysWhat Grant’s investing in right now
$473M portfolio in 5 properties, 2K+ units Well-located and institutional quality Deals with competition (list of buyers)Why Grant avoids value-add multifamily deals
Lack of salary growth in America ‘Value-add story will hit limits’The returns Grant expects from multifamily investments
5 to 6% cashflow, 15% IRR $40M down becomes $135M in 30 yearsWhy Grant started a Reg A fund with $5K minimums
Moral issue to support ‘little guy’ Not true that < sophisticated, more troubleA day in the life of Grant Cardone
Time for gym, self-improvement Shut down work at 6pm for dinnerGrant’s secret to work-life balance
Don’t invest in anything with potential to lose No worry more important than high returnsHow Grant’s approach to money has changed
Used to scrounge, act like miser Now use money to make life easyWhat drives Grant to keep growing
Legacy for family, change community Produce something of value = live foreverGrant’s insight on taking it to the next level
From $90M deal to $900M Good friends will challengeGrant’s definition of wealth
Money, time, love, health and purpose Continuous learning = expansiveThe role of spirituality in Grant’s life
Spirit comes before and after body Best ideas come from beyond mindGrant’s advice for ABI listeners
Get your money right (use, don’t save) Invest in real estate with someone you trustConnect with Grant Cardone Resources
Grant on Lewis Howes’ Podcast in 2017
The 10X Rule: The Only Difference Between Success...
Do you have your money right? Or are you handing it over to Wall Street and hoping for the best? What if I told you that the secret to true wealth is to STOP saving your money and START using it to invest in real assets—like multifamily real estate!
Grant Cardone is the CEO of Cardone Capital, a multifamily real estate investment firm with more than $1.36B in assets under management. He is also an international speaker and bestselling author, well-known for creating the 10X Movement and 10X Growth Conference. Grant was named the #1 marketer to watch by Forbes, and he is a widely respected entrepreneur who owns and operates seven privately held companies.
On this episode, Grant joins me to share what he’s investing in now, discussing what kind of returns he expects on multifamily deals. He walks us through a day in the life of Grant Cardone, sharing his secret to work-life balance, his definition of true wealth, and his thoughts on the importance of spirituality. Listen in to understand what is driving Grant to build a legacy and learn how his Reg A fund serves non-accredited investors.
Key TakeawaysWhat Grant’s investing in right now
$473M portfolio in 5 properties, 2K+ units Well-located and institutional quality Deals with competition (list of buyers)Why Grant avoids value-add multifamily deals
Lack of salary growth in America ‘Value-add story will hit limits’The returns Grant expects from multifamily investments
5 to 6% cashflow, 15% IRR $40M down becomes $135M in 30 yearsWhy Grant started a Reg A fund with $5K minimums
Moral issue to support ‘little guy’ Not true that < sophisticated, more troubleA day in the life of Grant Cardone
Time for gym, self-improvement Shut down work at 6pm for dinnerGrant’s secret to work-life balance
Don’t invest in anything with potential to lose No worry more important than high returnsHow Grant’s approach to money has changed
Used to scrounge, act like miser Now use money to make life easyWhat drives Grant to keep growing
Legacy for family, change community Produce something of value = live foreverGrant’s insight on taking it to the next level
From $90M deal to $900M Good friends will challengeGrant’s definition of wealth
Money, time, love, health and purpose Continuous learning = expansiveThe role of spirituality in Grant’s life
Spirit comes before and after body Best ideas come from beyond mindGrant’s advice for ABI listeners
Get your money right (use, don’t save) Invest in real estate with someone you trustConnect with Grant Cardone Resources
Grant on Lewis Howes’ Podcast in 2017
The 10X Rule: The Only Difference Between Success and Failure by Grant Cardone
The Millionaire Booklet: How to Get Super Rich by Grant Cardone
Robert Kiyosaki on Apartment Building Investing EP160
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