Grant Cardone: Nobody Ever Achieved Financial Freedom from Buying a Home (Part 3)

[@harrisonmichael5047]

I wasn't financial free until my 40’s and I’m still in my 40’s, bought my third house already, earn on a monthly through passive income, and got 4 out of 5 goals, just hope it encourages someone that it doesn’t matter if you don’t have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.

[@georgerobinson2021]

I understand that tomorrow isn't promised to anyone, but investing today is hard for me now because I have no idea of how and where to invest in. I would be happy if you could advise me based on how you went about yours, as I am ready to go the passive income path.?

[@harrisonmichael5047]

@@georgerobinson2021 I invest across the top markets but not by myself though. I follow the guidelines of *PRISCILLA DIANE AIVAZIAN* . you might have heard of her. I can correctly say she's worth her salt as an investment advisor as her diversification skills is top-notch, I say this because I see that in her results as my portfolio grows by averages of 20 to 3O% every month, unlike I can say for my IRA which has just been trudging along. my portfolio just mirrors what she places and not just on some particular industries of my choosing. she gave me that financial freedom I needed

[@georgerobinson2021]

@@harrisonmichael5047 That’s great, your investment advisor must be really good, I have seen testimonies of people using the help of investment advisors in making them more financially stable. Do you mind sharing more info on this person?

[@harrisonmichael5047]

@@georgerobinson2021 look her up on the internet with her name. she's quite popular for her services as she was recently featured on CNN. She can work with anyone irrespective of where you're located

[@georgerobinson2021]

@@harrisonmichael5047 I just looked up this person out of curiosity; surprisingly, she seems proficient. I thought this was just some overrated BS, I appreciate this.

[@afterworkart]

If dame dash says the same thing people dismiss it and call him crazy tho.

[@Ucancallmenobody]

Exactly!

[@RicherThanIeverbeen]

afterwork art fax kellerman

[@yahyahyah99]

Now he broke and cant pay 2500 debt🤦🏾‍♀️

[@megga0]

YAHYAH YAH no he’s not. Stop it

[@BigDogBNB]

Maybe, but the way dame explains things is erratic and the fact that he is having financial issues compromises his rants

[@112jungle]

The real problem is not wealth but it is our emphasis on wealth. We are not using wealth to advance our integrities but rather using it to cater to our desires.

[@alexanderjackson8389]

False

[@dboi4952]

Exactomondo

[@marleyred301]

It takes most people to get rich to realize this.

[@Jazzman2476]

Most of us have no integrity.

[@thcrtn]

Man if ppl dont fuck with kratom nootropics and keytones... If you was raised on mtv. Just know you got played. If the church had you in fear since day one you got played, if you pay for something women sit on all day you getting played... Just learn the game and make the plays you can to get the goals you want. You could get killed in the marathon but you aint the only one running... You may become the fastest man in the world but thats just a title and it will survive longer than you. Dont do it to be rewarded do that shit for you and stop to greet those who hate and claim you need to be awarded, they both got a lesson for you.

[@ibmor7674]

Entrepreneurs always act like everyone can be entrepreneurs.

[@johnathanmatts5597]

IBMOR 76 we can

[@nigelstanford4]

Because they can

[@dennisthemenace855]

Exactly the free market doesn't work like that

[@niles1492]

Everyone can have business, doesn't mean they're gonna be rich tho... nor they know what they're doing, a business can be anything really, it's buying or producing anything that somebody wants, and selling it for profit. You don't have to be professional to do it.

[@edubb2491]

@Ken C or the NBA

[@kushkushlungz]

I didnt buy my house for "financial freedom", I bought it because its cheaper than renting, especially over a 30 year period

[@cashondeliver]

Isn’t the home ,fire ,earthquake, flood,etc insurance expensive?

[@kushkushlungz]

@@cashondeliver Home insurance averages about $35 per month for every $100,000 in home value...cheaper than car insurance

[@cjhepburn7406]

kush lungz Lucky u

[@PURE11_11]

True...no matter how much money you have to have roof over your head

[@bspoon2529]

kush lungz there is no way i want a 20-30 debt over my head id try to pay that off within 5-6 years if possible

[@ronraheen7687]

He's speaking from the standpoint of a person that has access to capital. Most black people have access to capital through the equity in their homes, not from banks or lenders.

[@edugen100]

Yea if you’re rich then his theory is great. But if you’re middle class. The renting marketing continues to rise

[@mrfantastic9966]

Vlad going out his wat at this point . full blown agenda

[@Asafo87]

Ron Raheen...did you catch the last minute of this video? The rich don't rely on banks or lenders either, at least not as much as the middle class and especially black people. Capital formation for the wealthy usually comes in the form of inheritances or investors.

[@ronraheen7687]

Asafo87 yea... if you have access to either. But if you don’t, access to capital comes via equity. It can be sweat equity, stock options from a company you work for or equity in your home. The money has to come from somewhere and historically people use equity in their homes to gain access to capital.

[@nevermore464]

Very true. I believe he's also oversimplifying things because it keeps people talking.

[@nTrubl3]

I can tell this dude snorts sum pretty good shit

[@ericsmith8240]

😂😂😂😂✊🏾💀

[@AB-ze2ho]

He actually quit lol. He went from drugs to where he is now

[@jojodancer1743]

100% Columbian bam bam.

[@NorthWestTruckers]

He used to be a big time addict early 20’s but decided otherwise Grants a beast and it’s all true... but I’m still looking at a house lol

[@patryk2497]

Harry Boyed anyone who has ever done white knows he has not stopped doing blow lol

[@DonRoberto886]

I think this is one of the best clips of Mr.Cardone till this day. This video could teach the youth more than what the schools teach in a whole school year

[@ceeIoc]

My rent right now is equivalent to the monthly mortgage. Renting is throwing away money.

[@S.Archer]

Not necessarily.. twocents.lifehacker.com/why-the-rent-vs-buy-debate-is-completely-pointless-1773179027

[@abbeyneeson5183]

Exactly! The many places like I live (Pittsburgh area), it's cheaper that I bought a house than paying out rent. He's talking about an investment & not touched on the regular people who are living better because we own our home rather than paying outrageous rents. Plus we I'll make some profit when we do sell.

[@get2danews925]

facts its making the owner richer

[@abbeyneeson5183]

CALICOTV301 Depends on the business you open. Most businesses fail or take a very long time to see any profit. Meanwhile you're paying out more money in rent and saving several hundred bucks or more paying on your home rather than rent. If you really want to save even more, rent out a room in your home or write your home home for biz purposes.

[@viralbuthow000]

Depends. You can throw money away in a house too if you're not making any dough off it.

[@viralbuthow000]

What Grant drops toward the end of this clip is pure gold.

[@closeenough1343]

Even when I was a kid getting my first job I knew this. "It's not about what you know, its who you know". I can't be the only one who figured this out at 14.

[@viralbuthow000]

Close Enough It’s both. If you know someone without having something to offer in terms of skill or hard work, who does that help? No one.

[@ReaperMotivation]

The corona virus just proved everything he said right

[@Biluxi]

you got it man.

[@stormedtie]

Same with a business though as well. How many went under?

[@ellisjackson3355]

"'who's got my money' not in a form of protest, but from a *HUNT* standpoint" thank you

[@calebpaddack7450]

People like Grant live on the coasts where practically every house cost a million or more. In that case, renting forever MIGHT make more sense. I live in indiana where a nice apartment is $1,000 a month but your payment on a nice house when you buy is $600. If you live in the midwest you are stupid to rent forever.

[@PreeMarket]

I agree with not living in your home that you buy... but I disagree with the Airbnb point. I’ve always had my property rented with Airbnb... long term stays and short term, as long as you buy a property that meets the needs of travellers. Nearby transport, clean modern etc. It’s a good business.

[@illmagnetic]

TK Kirkland - “I gave Real Estate its name. Before me it was just called Estate”

[@musicbyjgill]

haha!!!

[@wirecoaching477]

Powerful

[@hateisasignofenvy651]

Imagine if everyone in this comment section had a home with NO MORTGAGE that was passed down to you from your Parents or Grandparents...... That why buying a house is beneficial. At least its a headstart. You gotta live somewhere

[@kartersworldtv]

HATE is a sign of ENVY I’d rather pass down properties with Cashflow vs a property that my kids would still have to pay taxes + maintenance on

[@jiketagg4251]

Yes a house to pass down to kids is better than nothing but what he is saying is that using the amount of money/loans it takes to buy a house, instead you could use that investing in yourself, your business, or real estate that produces you cash flow that will last generations and provide economic freedom. I still rent, own 12 houses producing 13k monthly and a condo in austin that I Airbnb for 3-4K a month.. who is going to have more freedom in 20 years? The person paying the same monthly mortgage for 20 years or me? who is in the process of mortgaging 10 properties to expand and buy more?

[@hateisasignofenvy651]

@@kartersworldtv dude you can still pass down a cash flow property but Your Kids Still have to live somewhere. We all have to pay taxes and just because you're good at flipping homes that doesn't mean your relatives will be.

[@taylort7565]

HATE is a sign of ENVY if you are good at flipping home but your relatives are not YOU are doing something wrong you are supposed to pass on that information so they can continue to build income and so forth

[@daraider1254]

The odds of you paying off a Homeloan gotta super low....I know alot of "Home Owners" but I dont know anybody who actually own their home outright....

[@lasp0065]

That last minute rant was some straight 🔥🔥🔥🔥🔥

[@parkhill4040]

That last 30 seconds was like a punch to the gut. But its true

[@dialac1]

Pure gold

[@akaveli2g]

Damn right. It hit right at home.

[@mrt2734]

You can be a renter and have more money's saved then someone paying a mortgage, having a home is wonderful, but you have to keep up with the mortgage every month for 30 years, 10% or 20% of your down payment is tied up in the home as well. If you pay it off with out going into foreclosure that is great. But if you don't pay the property taxes the IRS will take it from you, that is a fact. If you lose it to foreclosure which many Americans in America do everyday, your bank account is drained overnight. The American Dream can be a nightmare very quick.

[@KeithMercury]

This hits different during quarantine

[@donaldsawyer2618]

I Love when he speaks Normal. It is a relief. I don't need the animation. He is correct. These cities like NYC, Los Angeles and the Bay are expensive. They want to penalize you for having a car in Lower Manhattan.

[@Melanie-le6mw]

Yea like renting apartments forever is where it’s at....different strokes for different folks. I’m good. 😄

[@OfficialLukeTube]

@Chris boom While getting tax benefits, while gaining equity, with the option to sell for profit etc.

[@tarzziccio8572]

Nice mindset

[@layziefngroovy]

Word. My rent 1600 for a small 2 bdrm. And my co worker paying 2000 mortgage on a ok home

[@OfficialLukeTube]

@Chris boom Yeah, no doubt.

[@TheMdtsnoop08]

Tn Girl54 I agree. If I’m paying $ towards something forever then I’d rather do as I please with it...owning it!

[@shkrsimpson44]

Another recession is definitely about to hit.

[@Fucunt]

ShockTheMaven depression you mean

[@IVYSTARR-i3k]

We are in recession since 2008!!!

[@deethomas378]

if u are not rich then the recession will not affect u

[@outoftime417]

Mark Cuban warned us it will be a recession years ago. He was tryin to get people to atleast have 100,000 saved up for when the recession hit. Saving money is the key

[@roncur]

Facts

[@BravoBline]

I see many comments saying it's cheaper to purchase a home vs. renting. I think people are missing the point. If you can buy a home, then you can buy a fourplex (4 unit building). You can live in one unit and rent out the other four. Take the money you earned and do it again, and again. Now you own 4-10 units and have $10000 in rent coming to you every month plus a massive tax advantage. Your 10k a month can be put into your business, stocks/bonds, startups, education, etc. Then you'll earn even more! If you can't afford a rental property make it your priority to find a better paying job. Tackle your consumer debt and start investing. You can start investing with $100, no joke, you can buy stocks, ETFs, real estate, bonds, etc. starting at $100 and adding whatever you can each month. So yes, you can BUY a home, but look at the alternatives. What can you with your money that makes you more money. It's simple, put your money in assets, not liabilities. A single-family home that is your primary residence is not an asset. It takes money from you every month and makes it difficult for you to move, plus you have to sell the property to receive your equity, and you'll pay commission fees when doing so.

[@afterworkart]

I bought a house in 08, my mortgage is less than the average rent... bay area rent is pure evil!!!

[@gamebred5662]

Dc area too. You're not finding a 1 bedroom apt for less then 1200 a month even in ghetto areas

[@negrilgyrl]

I bought and my mortgage is UNDER the going rent for a place my size. Which is great when I eventually rent it out

[@RL-ww5ev]

@Ash Wolf I bought a new home had it for 7 years. didn't have one major repair. no roof leaks, no window leaks no busted water heater.

[@afterworkart]

@Ash Wolf my mortgage includes taxes and insurance... and it's not like you have to repair something every month... I've lived here since 08 and in all that time I've only had to do a few repairs and buying a home warranty made those repairs simple and easy... with the exception of repairing my fence... that was some bs!

[@afterworkart]

@Ash Wolf I am...

[@Missmusicdiva]

Now this was definitely something I wanted to hear about. 💯 Respect*. Im glad you called him out..

[@tezblack9496]

I love it when you do interviews like this I been studying grant for a while, I look up to this man you should do Robert Kiyosaki next

[@josephhicks6989]

I bought my house 15 years ago for 235000 and it is paid off and now worth 430000. and I have a nice retirement saved. I would call that financial freedom, because now I make over a hundred grand and save all my money. If you do it right it does pay off.

[@randumbguyisaac]

This dude went to the barber shop Godfrey be recommending before this interview 👍

[@j.ericsandoval566]

I don’t want a house, I want the whole building. My dream is to own an apartment building (100 unit) and to live in one and rent out the rest. I wouldn’t even want anyone to know I owned the building, I’d rather control a trust that owns the building and appear to be just like everyone else who lives in there with us. I’ll deal with the manager through someone else, the on-site manager doesn’t need to know I own the building. If he or she is an asshole, out they go, and they don’t get to know who fired them. The management company (R.E. Broker) does that, and the deal is that we treat tenants like valued repeat customers and that’s it. Meanwhile, me and Mrs S just so our thing and work on our creative endeavors.

[@busterbiloxi3833]

100-unit building? Go ahead and buy it. Who the fuck is stopping you?

[@mofoheltahskeltah]

What’s your plan

[@busterbiloxi3833]

So what the fuck are you waiting for? Go ahead and do it, man!

[@the4fwords]

How many units do you own now? Curious,as this post is two years old. Are you closer to your goal?

[@TheOpinionSports]

He was right about AirBnB, it’s starting to get worse for people running that business

[@stevemill8959]

Vlad is the best at what he does, he does his research on who ever he interviews. If they wrote a book he reads it. Then he asks the best questions that everyone is interested in. I can’t believe the hate I see on this man.

[@TwinGearHero]

If you’re renting you’re still putting money in someone else pocket and not your own. At least when you buy a house it’s yours to keep and invest in.

[@chillwill2673]

You're still putting money in someone else's pocket, plus interest.

[@CrackstationFilms]

I bought my house cash so I’m better off paying rent ????

[@chillwill2673]

@@CrackstationFilmsThere are benefits to buying and renting. I'm simply saying just because you don't rent, does not mean you're not making someone else money. Either way, someone is profiting from your decision.

[@mikiemuscles2287]

Crackstation Films Your “investment “ is still negative if your paying property tax, utilities, and insurance every month to live in it..

[@cjhepburn7406]

If u all can afford 2 buy a house good luck to u. I heard u miss 3 payments for whatever reason the bank takes back that ish and ur out on ur ear. Good luck.

[@anonymoususer1824]

The 1 main thing I agree with Grant on. You don't get rich buying a house. It sucks all of your money. You should own rental properties.

[@nickfrankie3274]

Buy low sell high....but thats hard need a down payment and high credit

[@officialnotesonlifepodcast]

OMG THIS INTERVIEW CLIP JUST GAVE ME LIFE.

[@everythingisconnected7932]

You're not going to ask who has control of your money, when your biggest concern is when does Love and Hip Hop, Power, and The Voice comes on. Or following social media trends.

[@freshestinclass763]

Why are people so concerned about them people.. Let them rot in peace.. U should be figuring out how they gon give u ur money.. U already know what they like😳💁

[@dawolf856]

TRUTH

[@thelastdonkevin]

This aged like fine wine

[@dakotadak100]

Speaking strictly for myself. My mortgage for the past 3 years is about $2000/mo. Down-payment was $25k now have home equity of $73k. So i am basically building wealth at the same rate as my mortgage payment. In other words it's like living rent free.

[@Superflow66]

I bought my first house and sold it two years later for over 150k more then i paid For me That allowed me more financial freedom then i had previous to buying a home.

[@franco714gunz9]

Finally some content that educates and gives people important information. Instead of the usual interviews of idiots in the rap industry, keep up this kind of insightful content vlad.

[@JH-D4075]

I agree with him on everything except retirement accounts, my parents have over a million in their accounts by investing constantly, so I know it works over time. Only reason the super wealthy don’t invest in them is because they legally can’t, theyre not W-2 employees. Outside of that, only way it seems you can get rich is leveraging a ton of debt which I’m not comfortable with because I know we are way over due for a recession....In a recession, those holding the most debt are the biggest losers👎🏾

[@Lynn-ml7nn]

We are in a recession now. Smart Man👍🏾

[@itsAC9O8]

What if i built my house instead of buying it with a loan?

[@davewalks257]

I strongly disagree. Me purchasing my home have allowed me to own several investment properties. Pulled equity bought rental. Saved and bought few more rentals. All of this on one 5 figure salary , sacrifice and using God's resources.

[@charvarjones879]

He got his start by selling his 1st house for millions........

[@gfmdayvo409]

Charvar Jones shit went over y’all heads 😂 this why y’all stay in the same place, he sold that home for millions not stayed in it for 40 years

[@jlcooper9139]

His took a loss on his first house and learned buying single houses would not make him money. So he invested in multiple apartments

[@busterbiloxi3833]

Bullshit!

[@dboi4952]

Renting isn’t financial freedom, OWNING is....

[@viralbuthow000]

Only if you pay your house off and avoid a mortgage.

[@dboi4952]

Sky Blylevin Correct

[@jayhag5481]

Sky Blylevin and you can do that. Might not do it in a day. But no reason you can’t do it by 50. Better than still having to pay rent in your 70s, when the money isn’t coming in the same.

[@henry8706]

Financial freedom is having more income streams that offset your spenditure. When you own a home, but have no money to spend on basics like food health, you aren't financially free.

[@Jazzman2476]

@Chuck Norris Then nowhere you live is an asset, especially for poor folk.

[@dshnnsmith04]

I love you guys!!! Please continue dropping knowledge

[@cjhepburn7406]

justanotheropinion KRS

[@sonny5982]

Grant was right he predicted airbnb would be a flop

[@EmmanuelTurner245225]

All I'm going to say is this guy may be right, but don't let that discourage you from doing whatever you were going to do before you heard him. What works for one, doesn't work for all. There are plenty of people that have single family homes and have created multiple streams of income for themselves and are successful. You just have to have a backup plan and always prepare for the worst. It's nice to hear other opinions and stories, but don't let them change your mindset because that isn't always a good thing.

[@BeatsBangcomtv]

I don’t understand why people are making what he said so complicated? All he’s saying is if you’re going to buy a property, make sure it’s a Multi unit that provides you income. For example, buy a quad unit, live in one unit and let the other tenants pay your mortgage and give you some cash flow. A house is not an asset, it’s a liability.

[@sunset6010]

Once you PAY OFF a house / condo / land ... You can STILL LOSE it

[@minimalist_monk]

Sun Set There are no guarantees either way. Life is a gamble and crazy. Good luck!

[@grod805]

The only time renting is best is if you move a lot for better jobs or if you can find somewhere cheap. Once you start a family it's harder because theres not as many deals for families as there are for single people

[@assetsonly9094]

Everything is inside out....WELCOME to the game...

[@TAHJ1987]

I haven't even watch the video yet..and but find it interesting.. people always try to tell me invest in a home...I'm 31...no kids..no wife...and I'm like maybe if I settle down one day..but even then.. the idea of getting 30 year mortgage...taxes..upkeep..it just doesn't interest me...I make good money now..and even God willing I make more in the future..I could be a millionaire..and would be fine staying in a nice apt complex and traveling the world...at least this is how I feel now..maybe it changes in the future

[@ripwins]

Who's got your money? Lexus, Ford, Sallie mae, Amazon, chipotle, nike, 😂🤣😂

[@romanticwarrior3236]

He has a point! You want to build wealth by any means necessary! Do not be like a hamster In a wheel. In other words Get rich or die trying!

[@romanticwarrior3236]

@@EliteOnTheBeat I'm not against buying a house 'idiot' I'm talking about building wealth. But of course you're probably one of middle class people that's like a hamster In a wheel. Living paycheck to paycheck. Thinking the only way you can get ahead is through a lottery ticket. Lol! Laugh at that!

[@brianbcpryor112]

Grant Cardone....Looks Like an NFL COACH& CELEBRITY PERSONAL🏆🏆🥊🥊TRAINER:)

[@Samy_Rahman]

Great candid interview. I like your style in asking tough questions.

[@MA-id1hr]

Vlad.... The #1 complaint was you saying you owned stocks... Be real. You said stocks were better that real estate. You said...I owned stocks...Grant laughed....you replied...I got stocks...Grant said...Yeah...like saying...AND?🤣 THAT WAS THE REAL COMMENT/COMPLAINT...

[@tmac20031]

What he is talking about are people putting a down payment and "buying" a house they can't afford with a banks money. Instead of renting within your means and investing your money in business.

[@ineedhoez]

Then that title is incorrect. The problem is that people live beyond their means. Would you live be out beyond your means, you cannot build wealth. Duh. It doesn't matter if it's house debt, card debt, or credit card debt. It's bad debt.

[@classicaffirmation3324]

Vlad keep these interviews coming!

[@emajah]

I agree with what he said but truthfully any and everyone could be effected by a recession making their cash flow stop or slow down. What you invest your earned revenue in or how you save is the major key.

[@expendable4h002]

Attitude sets your altitude. The biggest reason why people are unsuccessful is because they have a narrow focus. There are plenty of ways to make money. Expand your horizon and talk with different people. The truth is when people find a way, they want to keep it a secret and if you gain their trust or you are impressive, they will make money with you. You are the company you keep. Be interested in people who are successful, ask questions, show you are hungry because everyone is thirsty.

[@christianquiroga7350]

it doesnt create financial freedom... yeah coming from the guy who bought a $7million mansion and sold it 10 years later for $17million.. he made $1million a year for 10 years owning a single family home...

[@Farhan917]

The house may be yours but not the land is on.

[@cubswincubswinao]

The house isn’t yours either unless you pay the full price. Miss 2 payments and see if you still have a house 🤣

[@rostamsunny8802]

Freehold idiot. The land is yours too.

[@Nick-gt6qc]

The discussion is probably a lot more nuanced than he is giving credit for. For example, Everybody’s income isn’t the same, you can rent rooms in your house, not everybody is living in a house with their whole family of dependents and some people may have the income to afford the house they are in. Once you have a permanent location you can run a small business more easily there are a lot of things that are just easier and may save you time and money or both because time may be your money.

[@MultiSmartass1]

This is partly what I have told people . it's not jobs or unemployment rates you need to look at but wages and no one is talking about wages. It isn't working for most people.

[@truthteller5521]

This dude makes money renting out properties to people, right?

[@ralpheal455]

Yes, but multi-family apartment units. Same concept as buying and renting, but you'd diversify your risk with mult-family units as opposed to single family units. Most people rent instead of buying / mortgages... the baby boomers where sold on mortgaging a home, but millenniums are likely to rent more in the future... so essentially it makes more sense to invest in apartment units / mult-family. In a nut shell this is what Grant is referring too. 1. Invest In Yourself (Develop the skills, get the right information, find out what it is that you're good at, and/or love, enjoy doing as a career) 2. Go to work and start creating a living / income (Become exceptional at it, form experience, and from what you learn form investing in yourself... ultimately develop the skills) 3. Once you start generating consistent income (From your job, idea, business, etc.) - start getting your income to work for you... you can do this by investing, starting a business (a second source of income ideally), etc. - if you have a business currently, then it may be ideal to figure out additional products, services, ideas that you can launch within your current company, to create an additional stream of income. Quick Flip Ideas / Random Extra Income Ideas: - Buy Domain Names and Flip Them - Go Garage Selling and Re-sell on eBay, Poshmark, etc - Build websites, get them producing income, and flip them for more (Almost like Real Estate) - Find other people that's doing well, and ask them if you could invest in there business - Not fond of this, but I guess I'll mention it... you could actually use sites like Prosper Loans to loan people money (In Peer to Peer Fashion) and earn interest - Business, Marketing, Social Media and Dating Consulting - Garage Cleaning Businesses - Gutter Cleaning Business - Become a Sales Professional - Life Insurance Broker - Health Insurance Broker - Become a KZbinr - Social Media Influence - Export and Importing of Cars, Goods, etc. - etc The best part of this, is that there's courses and information on everything as reference above. 4. Once you have excess cash saved up (Let's say anywhere from $20K - $1 Million), this is where you really want to start buying assets / investing in long term wealth creation vehicles. Grant's point is, it makes sense to invest in something like Cardone Capital, as you'd be able to leverage his expertise, experience, etc. and this would essentially be hands free income. My best advice, is to enjoy the process. For me it's not about the money itself, it's really about the enjoyment of personal growth, starting from very little, and over time building something that's amazing and worth while. No short cuts, just being consistent and in my opinion grateful is key. “Become a millionaire not for the million dollars, but for what it will make of you to achieve it.” - Jim Rohn... peace!

[@detailsmove]

Ralpheal great comment

[@busterbiloxi3833]

Where are these properties? What does he own now?

[@justinpeterson2105]

If you can't beat him, join him ; )

[@clientsclick]

Dropping dimes and this audience doesn't deserve this quality of value hes spitting here

[@rostamsunny8802]

Lmao u broke fucks. No wonder this generation is fucked. They are literally told not to go for buying assets like. Houses or land. Probably because old fucks like this dickhead know for a fact that young people will never be able to own homes. So he giving off some dipshit advice to divert their energy onto things like renting. Because thats whats happening. A whole generation are literally renting. Fuck these types of people. Pathetic pieces of shit.

[@bobh9098]

Buy a house and pay it off in less than 10 years or pay cash.. Secure your living expenses for life.. Take the money you would've used paying a mortgage or rent and invest.. Can't tell me that ain't financial freedom.. Freeing up your income from monthly payments is the greatest achievement anyone can make!

[@rydenseasalt9716]

"Who's got my money?" errr...the government and their exorbitant tax?

[@craigflick9477]

He's Right

[@carloskzoom4796]

I understand what he says, but it only applies to people who are actively looking for doing business or making it big. Normal people who only want a quiet life should definitely buy their house but I do recommend to pay more than monthly payment to get the house paid in less years.

[@BigsamTv98]

Watch the last 1 minute really say true stuff 🌎🌎🌎

[@jeffreyblocker7371]

Reading the Comments & I see most of ya'll have NO IDEA how Investing to make money & wealth works. Buying a house to live in does NOT create financial freedom

[@sexygabby30]

☝☝☝☝☝☝explain this to the comment above you

[@Synchronite]

jeffrey blocker it can and does help build generational wealth. My children will benefit from having a place to own rent free. If they chose they can sell and have a good spring board towards their dreams

[@jeffreyblocker7371]

Enabaling your kids to live rent free DOES NOT CREATE FINANCIAL FREEDOM! Just makes them too comfortable or lazy 🙇

[@jeffreyblocker7371]

@@Synchronite U need not to reply

[@Synchronite]

jeffrey blocker so if u leave ur children a business behind will that make them lazy too? This is faulty logic. It depends on the child. The biggest wealth transfer comes from parents paying off their homes and leaving the property to their kids. 100% FACT... no need to reply

[@objectiveintuition77133]

💯- thank you. That’s a 30 year debt, not to mention one you have to ‘keep up’. Like who said my children will want this ol raggedy house 30 years from now.

[@shevimiller9262]

Air bnb isn't going to last too many people doing it.

[@samhouston8773]

Shevi Miller that’s like saying uber isn’t gonna last cuz too many people are doing it lol

[@shevimiller9262]

God bless your soul

[@kmma1094]

Some people did though, grant said he sold his first one and would have made 100k if he didn’t. I know people who can fix up a house themselves who have bought a house, sold it bought another bigger one, sold it and bought two, then three and worked there way up to buying bigger deals. In my country you can live well if you own 8 houses and use the money they make off them smart. My dad owns 12 houses and used money to buy 5 taxis so gets 50% of the drivers profits each week too. He’s not flying around on a private jet but we don’t all want or need that. Grant cardone contradicts himself all the time. Watch him talk to Gary vee and Jordan Belford. They rip him to bits

[@JohnSmith-qp6oj]

GC did! In fact he bought a house for 7M and sold it for 17M which funded his multi family real estate business, he just doesn’t want people to know houses make money so they would invest with him for his multi family scam

[@thelyricalpaprsmackr]

DJ Vlad + Grant Cordone = Douche Bros. Podcast

[@AliasOnlyTV]

It'd be great if we were actually in a free market.

[@myreplysucks7984]

Buying "FISH" will create financial freedom - GC

[@TorranceJPlaylist]

He is right about the saving moneuly part. The only saving money someone really needa to do is like a small emergency fund and maybe money to go on a vacation. Other than that take that money and invest it in your business, someone elses or your health.

[@AmanSS890]

When the pandemic hit land lords were fine it depends what kind of real estate you bought. Did you buy a house then you got screwed did you buy apartment rentals then you were fine because even if tenants left the government gave landlords money or waved there mortgages. If landlords during the pandemic were not able to pay the mortgages banks would have been screwed so the government helped the landlords first . Buying cash flow real estate or cash flow business is how you become rich. They do t reach that in school if they did more people would be rich . People like Grant Cardon has made people wealthy . He knows how to make money love him or hate him .

[@KevonialJemonathoy]

Loan 6% per year for 30 years. 6% X 30 years = 180% You pay $560,000 for a $200,000 house. It’s good if you want to give something to your kids. Not as an investment. You’re paying almost triple !

[@KevonialJemonathoy]

$500,000 house will cost you 1.4 million !!!! It’s not rocket science . You will also now have your down payment tied up. That money could be growing in the S&P 500 or something. Or cop a brick and flip it 8 ways 🤣

[@censordat]

Tell me about it...I live in Oakland, Ca. The Bay Area is fucking expensive to live here. Back in the days ain't no one wanted to move down here, especially Oakland. Now all these MF moving in smh. Gentrification at it's finest.

[@chad8085]

I can’t trust someone that doesn’t have lips

[@persistentlydriven9390]

🗣🤣🤣🤣🤣🤣

[@ramonpadilla2140]

This man speaks the truth for the real middle class Americans. The cost of living is way to high for the middle class and that subject needs to come up more often cause like he states the wealthy is good cause those families have had Generational wealth for a long time. Something needs to be done where all the money that the wealthy have that’s surpassing all money that the middle class combined makes should be put back into OUR pockets. It makes no sense how there’s still poverty and classes of wealth when if these 1% really cared for humanity if they would just give back even half of the millions or billions that they’re sitting on it would change our society to a Utopia. Imagine a world LEGITIMATELY free of Debt and where all the classes would be equal. Just imagine how different everything could be if the wealthy actually started giving back.

[@ineedhoez]

Bought a house for 150k. Sold is for 750k. Tell me again how no one ever.

[@nutrishopelsegundo9649]

ineedhoez over how many years and what city?

[@brandonone239]

The things you own end up owning you.

[@frederickhamilton5655]

Listen 👂 pple if anyone ever give you “ FREE GAME” listen! You can learn a lot.

[@CalvinGroover]

doing an air b&b sounds good if you can keep it occupied but keeping it occupied year round isnt happening. at some point your going to eat that mortgage yourself and that wont make you rich

[@MommaAlmighty]

Everything he said is factually correct for every state but Cali...

[@12jmlnv7]

It's more so financially free for the generation that follow. He said that he take care of his employees because he know that they are struggling. If their parents passed them down a property, that would me much easier on them than having to pay 1400 dollar rent for something they will never own and cant pass down. I agree with him that like other things people sign up for it when they shouldn't but long term it sure as hell beat the alternative. Renting makes sense depending on the lifestyle but when you are well into your 40s and 50s doing it, you aren't leaving something behind for your children that would help shorten that wealth gap.

[@steves.auckerman5966]

This guy is bs. Idk y vlad keeps putting him on

[@steves.auckerman5966]

@Kill Monger If I had a rich father or uncle that would lend me money to play with, Id scatter that money around 2! Starting fron the bottom, this guy knows nothing about it.

[@steves.auckerman5966]

@Kill Monger Im not making excuses smart man. I was actually looking to hear about what this man had to say, his audience is the rich folks. Name me someone thats gonna give u tips from zero on up, then Ill listen!

[@steves.auckerman5966]

@Kill Monger o please, now your gonna call me an hater. Did u ever stop to think that Im a fan of Djvlad??? Im subscribed to him! All Im saying is this dude Grant is a horrible guest, as fan I rather not see him on the show anymore. Like how freakin sensitive are you???gtfoh with that nonsense.

[@steves.auckerman5966]

@Kill Monger Oh my, dude take ur pills and a have seat somewhere. And stop liking your own comments smh, u narcissistic nut, thats for other to do.

[@steves.auckerman5966]

@Kill Monger I just got done telling you, why im here? Im voicing my opinion and hope this goofball never ever appears on Vlad again. You dont make sense, are you fatherless? You looking for a daddy? Grants not the one dude, relax..

[@alcas4832]

Buying a house for investment is always good. You can buy a home that is also an investment ie house hack, live in flip etc. I like Grant but I think he could clarify his point.

[@anonymoususer1824]

Most people buy a house to settle in with a family not live in it to flip it.

[@TylerDPreston]

What happened in 2010 happened again in 2020 when COVID hit! 🤷‍♂️

[@Natepillradio]

Funny how Jay Morrison was saying the same exact thing as Cardone is saying and you Vlad was arguing with him. The white man comes and says the same thing and you're agreeing with him. How ironic

[@Natepillradio]

Clockwork I'm relaxed and I know what race Vlad is. I just see the hypocrisy in things

[@karimmiller5441]

I think vlad's argument with Jay was over if stocks was a better investment than real estate. Vlad says stocks suits him better but he is not knocking anyone that makes money from real estate. I guess that's why he interviews these real estate guys anyway. He respects what they accomplished.

[@markmittens]

Before I start my rant the literal translation of the word "mortgage" is death deed. Guys please add context to what he's saying if you live in Tulsa Oklahoma than buying a house vs renting probably makes a lot of sense. But if you live in LA, DC, NY, SF, Boston, people's first house usually takes 25k to 40 k in capital and you will still have PMI. My family member spent 30k in upfront cost to buy a house and less than 6 months later had to buy a 10k heating system. If he was to just put that money into an index fund over 30 years he may be in the same position as the appreciation of the home. The reason why homes go up in value is to benefit the banks, it's the same reason they don't build more housing in these cities they need the next sucker to pay more. If you move and your house had a 100k in equity that next person will be taking a loan from a bank for more money and more interest. A house that is 70 years old and needs constant maintenance should not be going up in value.