Grant Cardone: NOW is the Time to Buy (Sellers Are Desperate)

[@mg-by7uu]

Buy now so I can pick up your foreclosures next year 😂

[@NeCecityy]

How many foreclosures u picked up?

[@johnnyb33good21]

I don't know what all the complaining is about. But BiggerPockets and its guests have literally helped me become a multi-millionaire after separating from the U.S. Army in 2016. So much great information that is free I currently have 45 multi-family units in the Phoenix Arizona Metro that cash flows approximately $17k per month

[@ryanshroyer5146]

Thanks for your service 💪🏽💪🏽💪🏽

[@Jun4given1020]

Currently in the Marines and trying to do the same. Teach me your ways

[@johnnyb33good21]

@@Jun4given1020 take advantage of house hacking and use your VA home loan to buy a fourplex living in one unit and in a year and move out and repeat then do the same thing with FHA 3.5% down loan buying another fourplex and just rotate between those different loan programs. Easiest way to buy rental portfolio with a little bit of money

[@johnnyb33good21]

@@ryanshroyer5146 thxs Ryan

[@dsb2802]

Congrats, no compaints on Bigger Pockets. They are a reputable company like you said with great free content. The guest they chose goes against all those values. He is in it for squeezing all the $$$ out of you without providing any value. Think of the worst used care salesperson and that's him.

[@leskidd7164]

"Now when you're collecting your rents at a section 8 with a glock" is a CRAZY sentence lol 29:26

[@dapper84448]

There are a lot of comments asking what is the problem with Grant. Lets break it down: -Proven track record of front-running his own investors. He buys properties and sells it to his own fund for tens of millions more. This has slid over a hundred million of investor money into his pocket and waters down his investors returns. -He used to tout 15% returns. He now has a major class action lawsuit from his investors who are stuck and getting closer to 4-5%. This lawsuit may lead to a massive financial penalty and investors are still joining at this time -His brothers company, Chargebacks911, was just sued by the FTC and the state AG and criminal charges are likely to follow. His brother will likely be financially destroyed by the penalty, be looking at possible prison, and the question is how entrenched is Grants business with his brothers scam business. Grant has promoted the business on air many times. This guy should just wear a shirt that says Scamflow instead of Cashflow.

[@fadikazma8171]

not only that, but he also stated that he charges 20% of the funds go to him/ his company, that is extremely high, most REI and charge in the low single digit

[@polok890]

Wow that is genius. A captive pool of money, that has no say in what they're paying for property.

[@x6da9crain]

Now that being said, can you get anything from this interview? Bc I wanna watch it but don't want to waste my time

[@lorainec1435]

And the Scientology

[@justintylus4205]

Grant gets a lot of flack but this is the most honest I’ve seen him, great interview

[@davehamvas3320]

A G3d

[@MillennialMike]

Grant Cardone is the first person who got me interested in real estate and inspired me to buy my first house hack a duplex! Now I have 13 units including one Triplex, two duplexes, and six single family homes! Under contract on a 14th unit another single-family home right now! I first started listening to Grant Cardone when I was 20 years old in 2011 trying to learn about sales for a construction company. I followed his journey through real estate and got educated! I wasn't able to buy until 2018 when I finally had saved up enough for my first down payment. Now only four and a half years after buying that first piece of real estate I'm very close to completely replacing my regular income with cash flow from rental properties! He's Uncle G to me!

[@Victoria_Isabel_Hernandez]

Hi Mike got any deals you come across you that you pass on or you might not want to keep for yourself? we buy no equity. none cash-flowing properties. let us know how we can work together. let's make some money!

[@josephfinds]

I’ve began questioning the validity of the information provided on this channel. Anyone else? See other comments.

[@milenkoz3617]

It used to be good… When Brendon was recording in his room …

[@johnnyb33good21]

I don't know what all the complaining is about. But BiggerPockets and its guests have literally helped me become a multi-millionaire after separating from the U.S. Army in 2016. So much great information that is free I currently have 45 multi-family units in the Phoenix Arizona Metro that cash flows approximately $17k per month

[@josephfinds]

@@johnnyb33good21 thank you for your service and congratulations on your success! No question there has been incredibly valuable information shared on BP over the the years.

[@mr.c8501]

​@Johnny McKeon John, the macro environment in 2016 is night and day to 2023 and beyond. Bigger pockets have given solid advice, but lately, it seems a bit off with alot of hopieum.

[@megaera2988]

I have been listening since 2015, bought our first primary resident at 2018, housing hacking like what BP taught me. Bought second property at 2021 and one Airbnb unit 2021. The information is real and eduction is real but you if you always analysis peralisys. You will get no where. If you find BP is a scam and you will find nothing real .

[@Persnikity1]

Regardless. Grants energy rubs off on people and has helped people go from 0 to 1 unit and get in the game. He’s the reason why I have 24 units and growing.

[@johnnyb33good21]

Same. I currently have 45 multifamily units in the Phoenix Arizona Metro and Grant Cardone motivates me to save more of my income and reinvest Into Cash flowing Apartments

[@liveforthelordbeforeitisto5141]

Best interview I've heard this year. Thanks guys!

[@mhs4767]

I almost never comment on anything I normally just listen but I had to say something this round because there is a lot being overlooked here. Agree that whoever made the decision to do this one had a MAJOR blunder, nevermind Cardone, why this host? Who is this person anyway? Sounded like all he wanted was his 2 cents in and sounded just as much a gangsta as Cardone, and just wanting to plug his program too-wow could barely get through it without another ad every 5 seconds. That being said I will always listen to BP because I love David Greene; he’s a sweet, down to earth, no nonsense, truth kind of guy, so thanks BP for him, if David Greene ever leaves I’ll exit BP at that time as well, David Greene is my kind of tribe-honest, ethical, truthful, morally sound-need more people like David Greene doing interviews then who ever this host is-I will never ever listen to another episode with this host on it no matter where he is, and if BP chooses to put him or Cardone on again I can also choose not to support it by never watching it-that speaks louder than anything. More David Greene-less of this kind of stuff please and thanks BP executives.

[@jackcohen9307]

This is the 3rd time For UNCLE G on BIGGER POCKETS ! LAST 2 WERE SICK !

[@happyblackjesus]

that black shirt is fighting for it's life

[@gcg8187]

wow... decades of experience and we get to hear it for free?? thanks Grant

[@AjSimmonsOnline]

Bigger Pockets finally putting some respect on the 🐐 name

[@Zay13378]

You guys continue to prove my point. Bigger pockets has gone off the grid

[@downey416Toronto]

i hope he drops gems in nthis interview

[@karenreddy]

If Grant is saying that he's unloading his bags.

[@greydocmethod]

🎯Bingo

[@tommaloney1615]

Exactly. Prop up the market while I dump my property

[@maninmotion8090]

You'd think a billionaire could buy a shirt that fits.

[@mccallumproperties4053]

Except he doesn't care about his clothes, just money.

[@56TheAnimal]

Man Terrance is the best host now that Josh and Brandon are gone. Wish he was on main podcast.

[@jgn1977]

Who's the sucker in that room, if you don't know then its you. This is a hour long sales presentation for you to send money to Grant Cardone and his fund.

[@thewealthfactor3980]

Never rush Grant off.

[@juliantaylorpirogov]

Such a powerful interview. Filled with so much important knowledge!

[@yourpathmatters]

My niece has those same boots. Really nice!

[@LA-fr7fx]

Excellent interview - Thank you 👍👍

[@grant_painter]

maybe should have been 2 hours allocated to this podcast , seemed rushed. love to hear grant speak.

[@unstoppablefrank]

Not hating on GC, but I didn't see much value in this episode. It was like 80% self promotion, 20% value and the value wasn't even that great.

[@garydownes1594]

You should feel grateful and privileged you are getting to watch him expose his knowledge and experience.

[@unstoppablefrank]

@@garydownes1594 Like I said. I'm not hating on him. I think he's built a huge brand. I just didn't take a whole lot of value from this video. What were your biggest takeaways?

[@Flash-ii4dl]

He’s great, but often doesn’t speak at a relatable level. Nothing to implement either

[@Jaden_George]

I’ve never been a Cardone fan. Ever. His message just never resonated with me because it felt like he was trying to capitalize on his abrasiveness but with that said, this is by far my favorite thing he’s been on. I actually learned a lot when he talked about how the big institutional firms operate and also how he structures his deals w/o the pref and with longer hold periods.

[@56TheAnimal]

@@unstoppablefrankimo humble opinion the biggest take aways were 1st how he’s restructuring his syndications with no preferred returns and no time limit. He’s basically thrown the joe fairless bible in the trash and reinvented the game. He can ensure he makes money with the no preferred returns. He can ensure that he makes the investor more money by not being bound to an exit timeline. I’ve never heard of a syndicator doing that? 2nd he’s talking about the big boys being in a bind over the next few years as the interest rates rise. He even listed companies that he knows need to exit. He’s giving you insight on how to do multimillion dollar deals and buy equity from people who were running property professional and properly not just some mom and pop that require tons of value add. 3rd he hammered the fundamentals of location, broker relationships, persistence, and due diligence. I don’t know how many units you have or what you were watching but maybe you should rewatch it and keep these 3 points in mind.

[@galaxygolden]

Lol 32:12. What a gangster grant! That’s mob talk man!

[@mmaine1072]

Why did this episode take 6 months to upload?

[@Getrich7777]

when u go collect rent from section 8 with my glock lool

[@eddiemalvin]

I never seem to be able to extract actionable information from GC because he alway seems to dodge providing fact-based responses (ex. Question: How did you know to sell your RE holding before the 2008 crash? Response: I just knew). Having said that, I can't argue with the results he gets from his sales and presentation style. He's absolutely killing it. I was making a healthy six figure income back in the early 2000s and, fast forward to today, I'm doing very well but not anywhere near the GC-level. Kudos to him for figuring out the code and capitalizing on it.

[@diegoarcila842]

What a great interview! Thanks

[@shumatsuopost]

Grant's insights are very interesting. It's definitely worth considering investing in real estate at this time, especially with the opportunities available in today's market.

[@CoffeeAndBusiness]

All these haters calling Grant a scammer because he leverages hip life, position, and money to make more money. Quite genius really.

[@Meeeechy]

Lake Charles!! Used to live there

[@jenniferpaul2177]

Amazing interview.... gotta love Uncle G!!!

[@cosmichef75]

Bigger Pockets just had their first Budlight blunder.

[@dominickosteris1738]

Wait...Grant Cardone is transgendered?

[@PhantomyreValentine]

...I'm beginning to regret joining your team, BP. You're really going down hill with these guests.

[@garydownes1594]

What's DCR mean? Thanks.

[@luvthisoldhome]

How is California a landlord friendly state? I have never heard this before.

[@naturalhealth284]

What is pref?

[@arnoldfarias5101]

It took him this late to back out of a deal? And right before the banking problems in march? This guy is the first MEET KEVIN.

[@darrellburks410]

Love you Uncle G

[@natalieheinrich1746]

What date was this recorded? Close to air date? 14:25

[@jameswalker366]

2022 I assume

[@natalieheinrich1746]

@@jameswalker366 . Wish they gave a time stamp bc it makes you think it's more recent. Thanks!

[@jameswalker366]

@@natalieheinrich1746 Agreed. Undermines the relevance.

[@natalieheinrich1746]

@@jameswalker366 right. A month ago is one thing(although the charge fast) but possibly LAST year. That should be stated.

[@garydownes1594]

What does he mean by " pref"?

[@seanhope734]

What’s confusing with grant is . He buys apartment building which is a simple concept. But, then his all over the internet selling how to buy apartments.

[@bertwright6327]

Great interview and insights!

[@smoothdahustla9729]

Naw, I think its a bad idea, especially if I have to go in with a bunch of investors.

[@dapper84448]

Instead of the man, the myth, the legend you brought on the fraud, the con, the crook.

[@franzvanjulio5523]

I’m honestly surprised to find good old 10x Cardone on here. No thanks.

[@andyfu5826]

RIP bigger pockets foreal

[@CannonsPressureWashing-kb4ui]

Grant Cardone and bigger pockets gave me the knowledge to by my first triplex. I did buy a single family home and Grant Cardone is correct. The single family home is not as secure as a multifamily.

[@DylanSigleyDropServicing]

These comments 🍿

[@Ryan_Lowe]

Would I be stupid to move out and house hack if I’m living rent free?

[@pbdmd3688]

I don’t like the hassles of being a landlord and managing multi family. And never tried it or may be fear of uncertainty in this space. That’s why afraid of multi family. And that’s why invested in buying 2 single family homes with 20% for each $300k single family homes in last 6 months. On another hand, I don’t want to invest in syndication and just be a passive investor. Am I on right path? Or what would be some of the recommendations from gurus like you guys? My goal is to create wealth and reduce dependency on just a job which makes me 200K every year.

[@simsimmaa8343]

Dang, you're in a good spot. I say learn to be a landlord. I have my own paranoid side but it's more political. I think we're going to be socialist / communist coming soon so everyone who owns too many properties will have to liquidate. I'm focusing on a business and keeping ~6 really good low headache properties

[@Househuncho]

Have you looked into acquiring subto?

[@jim5128]

Golden handcuffs. I will say if you're not willing to take risk, then just accept your situation and don't expect to be the top 1%. Not saying your situation is bad at all, just be honest with yourself and risk tolerance.

[@rayfinkle9369]

@@simsimmaa8343 Agreed, things look a bit scary. Also consider diversifying abroad. I've got a small property abroad now and working on another passport just as an option in case shtf in the US, or another plandemic.

[@Mglobal.enterprise]

Grant has haters. But doesn’t stop him. Take note. Learn from uncle g.

[@AnupamMondal.]

What a great podcast🙏🙏

[@ZRO777]

Lol credibility is going out the door. Up next the Tai Lopez podcast? 😅

[@solarryan9762]

You just proved that BP is akin to sheep. That guy is a sham

[@mikemastantuono]

What is the "pref"?

[@someguyonyoutube7818]

Preferred return

[@downey416Toronto]

unncle G let's goooooo

[@someguyonyoutube7818]

Not sure what I got from this other than a sales pitch for his fund

[@jayelizalde1469]

Uncle G 🚀

[@revre]

Buy all retail in Sunny Isles! 👍🏻👍🏻

[@mikek545]

The market started crashing in the fall of 2022 and will keep going down into the next 5 years. This is not the right time to buy. This is the time to save up cash.

[@johnnyb33good21]

If there is distress in the market, it can be a great time to buy. Sellers are willing to negotiate, and you can get lower prices and less competition from other buyers.

[@seanhope734]

Grant is 65 and looks better then the host

[@davidkocherhans617]

Amazing Interview with Grant. Thanks Bigger Pockets!!!

[@maurosaldana3]

Incredible !!!

[@simonjudah8770]

I can’t believe you guys brought on Grant Cardone 🤦‍♂️

[@TheInterwebzMan]

Lol. Lmao even.

[@estaterealms]

Very interesting video for us real estate investors! 💣

[@dboifresh]

Shows that you all don't respect every portion of your audience, aligning with this guy. Can't say I'm shocked though.

[@johnnyb33good21]

How is having Grant Cardone on the show not respectful to the viewers?

[@tylerolson9904]

​@@johnnyb33good21he's recently been under fire for some shadiness

[@johnnyb33good21]

@@tylerolson9904 What specifically has he done that is shady? I keep seeing everyone say they don't like him but aren't giving specifics

[@hugogonzalez3610]

​@@johnnyb33good21 dont expect anwers, peope hate every successful person, ask Elon musk.

[@greydocmethod]

@@johnnyb33good21 unethical business practices. I used to like grant but once you really learn what’s financially best for you, you learn grant is entertainment not education.

[@fadikazma8171]

Holy shit this guy is a rippoff, he gets 20% equity and 20% from cash flow of the funds he raises?!?! (40:35 mark point in video)

[@elvispresley3234]

Don't want to have ANYTHING to do with Grant Cardone. Really Bigger Pockets? Grant Cardone..Really!?

[@the3dprintzone]

Agreed. I would hate to see a reputable real estate community like Bigger Pockets dissolve into another money hungry "selling the dream" type of platform promoting garbage for clicks. This is disappointing...I certainly hope this is not a trend for Bigger Pockets.

[@beetlej2398]

Your opinion on Morris invest and fund and grow?

[@elvispresley3234]

@@naturalhealth284 I invite you to go immerse yourself in as many of his videos as possible for about 8 hours. You will prob pick up the smell.

[@elvispresley3234]

@@beetlej2398 I am unfamiliar with them.

[@Realfinancial]

😂😂😂

[@RagnarLothbrok2222]

Not sure why the hate on Uncle G - he gives out solid advice and built his empire from nothing. Big respect from me 🫡

[@JoelsCashFlow]

That’s what I’m saying uncle grant goes hard !!

[@juliantaylorpirogov]

Oh this is gonna be a good one!

[@ImSoReadyToRetire]

This hard to watch. You keep interrupting the guest. I want to heat what he has to say.

[@boston_segway_tours]

Not a good look for bigger pockets

[@johnnyb33good21]

Why is this not a good look for having Grant Cardone on?

[@TanRicky321]

Why bro? Just why?

[@Cecethier]

Read the room

[@DarrellEssexdoubleteam]

If you are closed minded to any advice from someone that’s ahead of where you are you are naive. Everyone has information that you need. Maybe not all but they have something. To be closed minded to anyone is not a good look on yourself.

[@boston_segway_tours]

@@DarrellEssexdoubleteam You know nothing about me and very little from what I am saying in a statement 1 sentence long. I’ve been watching BP for years. I love them. Known of and used to be a big fan of GC long before I knew about BP. I’ve got his books and taken his courses I know quite a bit about GC I have a right to an opinion and there it is. I stand by my statement. Say what you want. This is all the time I’ll spend on responding to strangers on the internet.

[@tammyrussell-rice5508]

Refreshing!

[@nicolasvalenzuela6265]

Great episode!!

[@jeffhudson2346]

When I see Grant my first thought is con artist.

[@sers499]

The interviewer is fixed on hurrying through his question agenda instead of LISTENING to Grant. LISTEN to what he said then follow up on that!!!!!!

[@inyoungchoung]

❤ uncle G

[@dsb2802]

Congrats on getting a total snake oil salesman on the show.

[@johnnyb33good21]

Why do you think Grant Cardone has a snake-oil salesmen?

[@dsb2802]

@@johnnyb33good21 Don't be naïve. I am sure you googled this. You only need to watch his disgusting sales pitches about 30 seconds to get the full picture. GL

[@LA-fr7fx]

@@dsb2802 I think people start off thinking "snake oil" but then move on and realise his message is to raise peoples awareness on money. Naturally, he wants the audience to partner with him but to call it snake oil is perhaps a bit much - the money is invested in the property and a 4 to 6% return is also paid monthly.

[@jonb3189]

I have zero respect for Grant ConMan. Bigger Pockets has lose some of its shine.

[@shaunbeers5894]

He needs to come to Denver. I need someone to invest with.

[@ivanrubalcava08]

Is this thing going live?

[@atakbill3288]

Not yet!

[@TheLifeofRicky]

I need someone to invest with

[@Victoria_Isabel_Hernandez]

Hi Ricky, did you still need help? if so let's make some money!

[@tsf3352]

Bigger pocket guy u are talking different values , concepts Grand is talking different concepts. He does not wanna hear about your “property management skills”. He does not like property management, he buys property management. You keep laser focusing on your property management; your bread and butter, understandably. If you paying attention he is teaching you how to win by making deals, exit strategies. You keep bringing him back to your property management. At his level dude he assumes that property management is there otherwise he will not buy it

[@julianchristel124]

LOL, comments confirm you either love Grant or hate him

[@stanislavhouse3926]

What's this fake billionaire doin here

[@GregPurnellNow]

Would have been so much better if this guy hadn't kept interrupting Grant, and putting words in his mouth. Trying to show that he is as smart as, or smarter than, Grant Cardone.

[@JOMOPressureWash]

Let’s go toast

[@kellyiannone]

Great interview Terrance! I need to spend more time thinking about the alignment of interest when not doing a Pref. A pref really protects the investor and yes, it reduces my income as a syndicator during the hold period so perhaps that is where the miss-alignment is ?! 🤔 Love when your episode get me thinking.

[@sheikh1906]

Money is a mirage????? I guess I'll tell the power company and the guy running the gas station.

[@tyisrael12]

🐐

[@davidallen2682]

Something tells me some of these comments are auto generated or paid for lol.

[@JokerFace55]

Scam

[@zenbuddhagirl]

Are sellers really desperate though? 😅

[@MrSami-gk1oj]

you do not own these untits alone you have investors.