Starting Small in Real Estate

Starting Small in Real Estate
I’ve always said don’t go small, but because of the economic shutdown Grant Cardone demonstrates why it might be time to start small.
Starting small will at least get you going in the real estate market. Today I am going to show how you can buy deals with little to almost no money and even get money back. Now is the time to invest!
Register now for free access to a webinar where Grant will show you how a $3,500 investment became $1.7 Billion.
Go to: grantcardone.c...
#realestate #investing #grantcardone #recession
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Grant Cardone Career and Bio
TV Undercover Billionaire
CEO - CardoneCapital.com Real Estate Holdings 2.2B AUM
Founder - 10X Movement Business Conferences Worldwide
Author - The 10X Rule. (Plus eight more biz books)
Philanthropy Grant Cardone Foundation - Support kids without fathers.
Raised Over 100M for Charites Apple Podcasts‎The Cardone Zone on Apple Podcasts‎Careers · 2020 (420 kB)is4-ssl.mzstat... KZbinGrant CardoneGrant Cardone is the author of eight business books, thirteen business programs, and is the CEO of seven privately held companies. Forbes calls him one of the top social media business influencers in the world. Cardone founded and manages a real estate investment firm, Cardone Capital, with $1Billion assets under management. He also travels the world consulting Fortune 500 companies, small business owners, startups and governments on business expansion. One of his enterprises recently hosted The 10X Growth Conference at Miami Marlins Park in Miami, Florida with over 34,000 business people and entrepreneurs in attendance from over fifty countries. Mr. Cardone resides in Miami with his wife, Elena Cardone and their two children, Sabrina and Scarlett. Visit grantcardone.com for his latest blogs, news, tips, training, and where to catch him LIVE!
The information provided is for convenience only. It is not investment advice or a recommendation, it does not constitute a solicitation to buy or sell securities, and it may not be relied upon in considering an investment in a Cardone fund. Past performance is no guarantee of future results. Any historical returns expected returns or probability projections may not reflect actual future performance. All securities involve risk and may result in partial or total loss. Investment in Cardone funds is available only to independently verified “accredited investors” through an offering made in accordance with Rule 506(c) under Regulation D of the Securities Act of 1933. Before investing in any Cardone fund, prospective investors should consider carefully the investment objective(s), risks, arches, and expenses. While the data we use from third parties is believed to be reliable, we cannot ensure the accuracy or completeness of the data provided. Cardone Capital does not provide legal or tax advice. Prospective investors should consult with a tax or legal adviser before making any investment decision. This is not an offer, solicitation of an offer, to buy or sell securities nor a recommendation to buy or sell any securities. Past performance is not an indication of future results. Investing involves risk and may result in partial or total loss. Prospective investors should consider carefully investment objectives, risks, charges and expenses, and should consult with a tax, legal and/or financial adviser before making any investment decision. For additional information, visit www.cardonecapital.com/disclosures.

[@musajallow5710]

The school system is really broken!! i got a degree but youtube is better than my four years of university degree!

[@hakunamatata289]

Leard more on JRE and Vlad TV than In 10 years of school

[@andredupuis5461]

👍

[@MVJP120]

Love this dude. Can you see how he is adjusting the wealth formula to the current situation? .. Guys always be aware of what's happening around you and you will own success in the future.

[@eugeneshelley9718]

Why i was reading all the comments here i meant one Cryptonaid. com legit site, i seriously got $10,000 from them

[@lizanoble4610]

Can I used this process in onather country like Philippines

[@poloparachutes9983]

Woah the world must really be ending because Grant NEVER used to say start small. It was always use OPM and leverage into huge properties. Glad to see you changing your dynamic G,

[@-Justjayfr]

You have to adjust your mind and the rest folloes

[@LashusJourney]

You have to adjust and change with time, he is a boss 🙌.

[@eugeneshelley9718]

Why i was reading all the comments here i meant one Cryptonaid. com legit site, i seriously got $24,000 from them

[@purebludmericans]

He said it's better than NOT starting

[@Rwandanziza101]

Uncle G, I’m from Africa/Rwanda . I’ve been following your KZbin videos and you really changed my way of thinking about money and life. May God keep blessing you Uncle G

[@thomasmuller6949]

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[@ChrisVincelli]

Thank you, Grant! Real Estate INVESTING is one of the keys to wealth creation and SUCCESS in life!!!

[@Go4Ceo]

Uncle G another great show. Torn as I want to really explode into RE but I’ve learned not to jump around and I’m keeping the main thing the main thing. My financial services agency. That said trying to time my entree into RE and now seems to be bubbling up as the #Ideal time with all this BS that’s happened. Will keep digesting the info and appreciate you being one of the only Uncle’s that’s ever taught me ANYTHING 🍺

[@demetrioskatechis]

That 59k house is now 35k. In addition to HOA fees you’d have to pay monthly the house sits around a golf course which you’d have to pay them an additional 40k to live there to be a member. No wonder why this house has been sitting.

[@hakunamatata289]

Damn.

[@edgarllamas9182]

So glad I discovered your channel and books! This past couple of months have been life-changing! Thank You!

[@markcortez2561]

Probably one of the most important informational videos in the past 20 years! "It starts with one step. No matter how small first step is hardest of all"

[@thomasmuller6949]

Thanks for your comment there's a gaining key on how to invest more into Bitcoin right now, I'll advice you contact my account officer HARRY GOSHEN on Whats-App for assistance if you want to make great profits +1 (5 8 0) 9 5 2 - 4 2 5 7

[@MauroMundoLol]

thank you I'm 18 years old and I am trying to make money and not work my whole life and this is really starting to make sense but i wish the video was up to date.

[@dankositzke8595]

Great content! Starting small is better than not starting at all. It’s a mental game, just have to get out there and take the first step. It’s never too hard. It’s only difficult if you believe things that are false. Keep out the doubt and guard the door of your mind.

[@kadieobiri-yeboah6102]

I love this Grant! Thank you for taking action and helping those most vulnerable. You are amazing. Stay blessed! 🙏🏼🙏🏿

[@anivid222]

I'm loving...I have to re-watch this...just signed in for 10x a week ago...I'm going to study this.

[@marypoppins4678]

Messing up the math: started with $83,000 put down $3,000 and a loan on the $80,000 NOT $80,000 minus the amount put down of $3,000 to get your imaginary $77,000. Back up, you got ahead of yourself and skewed the math. And you did not say you negotiated the price down to $80,000, this was never stated or inferred. Just FYI, learning a lot from you. Thank you for sharing to help others.

[@grantcarone2018]

*Thanks for the review* *+

[@collne55]

Straight GOLD. People need to simply work on a scale! and work it from there! I am getting started this year!

[@franchesca3877]

Honestly wish I learned this when I was younger. I'm new to this and I'm learning alot from you already. I suck at math so math will be the hardest part lol.

[@vigilantlegends482]

I hate maths so baaaaad but now maths seems like giving candy to a baby 🍼 I looove it keep at it

[@eugeneshelley9718]

Why i was reading all the comments here i meant one Cryptonaid. com legit site, i seriously got $10,000 from them

[@DonovanPoole]

Part of sucking at math for me was being afraid of being wrong, because the numbers don't change. Once I got over that and realized I was right half the time, the confidence made me a little better. Practice the small math and build confidence. Same thing he's teaching in this video honestly.

[@GRUBB-MUDD]

Loved the video grant, I'm only saving to be able to do something like this, I just turned 40 and been clean a year, saved about 40k pouring concrete. But don't wana be doing concrete in 5 more years

[@drewfriestedt1832]

Inflation causes operating expenses to rise along with rents. As rents rise, real estate taxes rise too. So an increase in rents due strictly to inflation will not translate into a 1:1 increase in NOI. You were making a good point though.

[@arwinsunny5221]

love your work i am 15 and I am also inspiring in investing in real estate

[@burntfishknuckles]

I'm teaching people how to build businesses so they don't have to burn them... I love it!!!

[@karofero1731]

I LOVE THIS. Starting in Germany and thanks to you its soo easy omg. 2 years later and the economy is only getting worse. storing cash right now

[@niks10x69]

Brother I am very happy that I am learning from you, brother in am preparing myself for 10X growth by learning from your experience.

[@plopez5392]

Grant Cardone. Love your thinking man. "Crazy, Lazy, not stupid.

[@YouknowAriane]

Thank you for being the white dad I have always wanted advice from. 😂 I'm gonna buy my first property very soon with your advice.

[@nick5141995]

If I could like this twice, I would. Good to see ya again.

[@0s0sXD]

I'll press the like button on your Behalf

[@eugeneshelley9718]

Why i was reading all the comments here i meant one Cryptonaid. com legit site, i seriously got $32,000 from them

[@johnhull2401]

Thank you for showing the world

[@chidiezeonyebuchi1266]

👏🏾👏🏾 very well put about the situation of inner city kids. A LOT of people dint understand that

[@billv4072]

No rule of law = no real estate investing. CA Bill to allow commercial tenants to break leases without recourse. No evictions for non-payment to be extended.

[@minivacpacks]

I have done over 100 real estate transactions, been in RE for over 25 years, have written 3 books on real estate and I had a hard time keeping up. Lol.

[@rudingoxhaj1864]

The best inspiration I ever had. I love your personality not afraid to help new generation.. this is what I call school 😎 Respect ✊

[@daveadams5103]

I am moving to East Tennessee, and will getting the university, and real estate course. You are the best teacher ever Grant...

[@HuyDao]

Love u Grant. So helpful

[@amymahadevan7092]

Looked up this property. There's a monthly HOA fee of $509 ($14,000 annual dues) plus a non equity one time membership of $56,000 all required. Sold for $30,000, still a strong cash flow but above wasn't included.

[@thomasmuller6949]

Thanks for your comment there's a gaining key on how to invest more into Bitcoin right now, I'll advice you contact my account officer HARRY GOSHEN on Whats-App for assistance if you want to make great profits +1 (5 8 0) 9 5 2 - 4 2 5 7

[@whalerlife53]

Man, what a huge amount of good information. Never heard real estate explained like this. Thanks.

[@ArlaBalaiah]

Thsnk you so much grant and your team

[@BitcoinMoonBoys]

Grant I enjoy your content I learn alot from you all the time. I do want to however point out that on Saturdays webinar AND today you keep telling people they can buy foreclosure homes for 3-5% down. This is not true Grant And would appreciate it if you clear this up. Foreclosure homes are sent to auction and then MOST of the time put up for bidding with ALL cash. Your under the impression that REO’s and foreclosures are the same which is understandable because you deal with commercial units. Thanks anyway tho keep on building!

[@chuckeg859]

Scoping my first prospects as we speak!

[@jtmiller5738]

I appreciate you sharing this Grant love you bro

[@Andrew-hk5zs]

I REALLY was under the assumption there were no HONEST humans on this earth. Than here comes Grant Cardone most real I've seen in a long time, if ever. Waking people up!

[@tomtaylor2594]

Honest? He's telling you to lie to the bank to get a lower rate. Not to mention this whole video is based on using $3000 down when the minimum is 15% to get a loan from the bank.

[@Andrew-hk5zs]

@@tomtaylor2594 My reasons may be different than yours, my understand is also different than your views. I could care less about all the money and what he is selling. It's the majority of what he says on all all his videos that I am agreeing with, not just this video. I appreciate your view.

[@reynaldojgarcia1460]

Common G you got me thinking on 16 and I was thinking on getting investors for 20 and up and now you telling me go small. You changing the game man

[@rockyhomesandinvestmentgma892]

You can follow me on Instagram @ rocky_homes_

[@ziurim]

News: "the world is coming to an end we're going to burn it down first" Made my day! Grant, you;are the BEST! :D

[@farleycoastalrealestate7747]

WELLINGTON!!

[@josteinholen1312]

The lake worth property is $35,000 now!

[@christianmartinez6751]

😂🤣I was looking for your networth 10 seconds before you did. 7722 that is crazy. You actually said "if you can do this 7720 times" during the video and I didnt get it until the networth part. You are an inspiration man. 1 Million kids! Big 💵, big ❤. Inspiration.

[@phillippatton8070]

I’m so tired listening too everyone but know u learn some new every day I been in for three months I know real state is the way too go I keep buying these Programs that know which one is right now have got no deal yet I just want make some cash flow

[@attilabalog1208]

very helpful Please continue to put out info about Realestate

[@TroyKearns]

The Godfather, great Video, start small, get big, great advice GC

[@melissamcknighthealthcarea1519]

Mr. Cardone, you are eloquent with your intelligence and compassion for urban youth. I could not have heard it better explaining the current demise of non whites to "white" people. Sir, you are a complete man in many ways and I respect you more now than I did before. In addition, thank you for this valuable education. Salute.

[@tiborkokeny9563]

Wow, I love this game! Pure math.

[@pepsi7335]

Thanks Mr. Cardone! Been watching your videos, and I'm just so glad that I watch this now coz I can't start with multi-family/multi-units as what you recommend with your previous videos. I am originally from the Philippines, and now I am here in the US, have nothing right now, but I know I can do this. I'm gonna start small, then go up. I just have to start. Thank you. Will continue to learn.

[@cubanumero1]

for me in my home town at 3% down but i need 20% on the next deal, because is an investment property, if i own a house and try to get a 2nd home they want 20% down

[@N171985]

MEET KEVIN is going to make a video to say he was right about small deals

[@anthonydooley224]

I can't stand that guy. I have socks older than him.

[@realestate_plug6310]

It’s on the way

[@irvingdelgado1731]

That dude is annoying clout chaser.

[@cesarg5914]

😂😂😂 the fact that grant liked this 😂😂😂

[@arshvirsingh7284]

I have a feeling that meet Kevin is a toxic person

[@sirpatrickiwu7403]

When the beast speaks, we learn how to eat!!!!!

[@giorgichikovani1448]

21:35 why did he divide 10 000 by 0.09% ?

[@joshuabaggett7010]

He believes the property is worth 9% more than what he bought it for, because of the tenant.

[@jimyang9467]

Blowing my mind Uncle G! Thanks much‼️

[@rottmany]

According to the video he mentioned to put 3000$ down for the down payment, which is around 3.5% percent of the 80k. For first time home buyers that applies but for the second house you cannot put 3000$ down, more like 16,000$ down payment for the second house. Please do the numbers right that way you don’t misguide some of your viewers. Everything else is on point 👌🏽

[@bigxrecords7375]

As a Hispanic myself most of us aren’t taught to invest

[@Holthane]

Idk what all this white/black stuff is about. I’m white and no one taught me how to invest but you. And I’m forever grateful. I think “no one teaches the lower class how to invest” is what you mean. Why would they? Luckily we are in the country with the most potential class movement.

[@PeytonOBrienMagic]

Well said

[@johnwolf1475]

there are issues in getting a loan-- credit, debt to income ratio- fha restrictions- mortgage insurance etc.. none of this is being covered anywhere

[@celestehallam4054]

And what about that $3000 down payment? Pretty low. Please tell me where to go to get that loan.

[@Unikness5]

i want to learn learn learn im hungry with this

[@franksabatino1814]

😂 Wow, my head is spinning with possibilities, Thankyou Grant

[@JP-hd5vu]

What can a bank or lender do if they find out you are not living in a property after you said you were?

[@lee.J.antunes]

Love the show grant, i'm a kid of color trying to make it, my folks divorced when i was 4. i have a heart for estate and business, but i've been told there's no way if haven't been to college.

[@dannydefelice6100]

The 59k home thats foreclosed is in Wycliffe. The required annual dues for the golf course there is $14,686. In the example the net net was $13,200. Just in membership fees alone, you’d be in the negative. If there’s any repair costs or issues, even further in the negative. It’s a great example but research the property through and through. I know he’s just giving examples of how it could work out and he would never touch this property because it’s not worth his time. If he was interested I know he would’ve done the research and stayed away.

[@loucarella1752]

Love ya man.

[@488hazem]

thanks uncle g you finally start looking on the small people who want to make it big all your videos been buying millions of dollars deal with inverters but not how we as single people make a millions starting small so thank you very much and your book is great i learned the real estate language now i can understand you when making a video.

[@wreckemtech165]

Keep in mind this is assuming you rent out all the houses and everybody pays on time, this is very very risky

[@ki6eki]

well everything in business is risky. you can get robbed by employees and customers... if you're scared of people then you should never get in business and always be an employee

[@hellfire0332]

And you are one bad water heater away from wiping out all your profit and then some.

[@antonioizaguirre4307]

Just to be on the same page GC , you must also deduct the yearly taxes off the profit and still be on top with a profit.

[@keyswater2158]

Just use the 4 Quadrants to simplify the numbers

[@daviddefranco5218]

Bro...you rock!!! Thanks Uncle G!!!

[@leohoracio821]

More insight on ☝️☝️ BTC📊 REAL ESTATE 🏡 INVESTMENT!

[@k4craftanamikasingh557]

How to do all these types of deals in INDIA 🇮🇳. It's not that easy as it's in USA. Here everything is different from there. Please guide me for INDIA 🇮🇳

[@tafadzwantshiqa3033]

fire always GC. love from South Africa

[@bybryanwhite]

Grant I appreciate you being willing educate the masses on all your wealth building knowledge. Your truly a game changer with your wealth of experience and knowledge and men like yourself come around once in a lifetime. I WILL apply EVERYTHING you're sharing with me and I WILL be a millionaire this time next year. THANK YOU VERY MUCH!

[@ankitmehta2794]

Best line...my legacy would be how many people I've helped rather than how many cars,planes I've owned..

[@anthonydriver9868]

Yo Grant, thanks dude! And I have your book. This was great advice because my gf's mom lives with her and is looking for her own place. Her daughter pretty much lives with me. My girl was just talking about getting a house and letting her rent. And this is the perfect time! Starting small can definitely be for me.

[@fixwix28]

Grant, on your $59000 add $509 HOA , $155 property tax, $80 hazard insurance monthly and I am not even mentioning any maintenance or repairs. This is why most "investors" lose their shirt. No sane person should touch that property as an investment. This is a stupid example. I like most of your content that would otherwise make sense.

[@richardsmith6855]

Grant is quietly building an army.

[@lancesterling8447]

I could of swore whites where among the crowds too when things went south.

[@bwalyasalimu]

dude i love the way you do the rel estate calculations from the bank and seller. well listen, if lets say a property is worth $950,000 and you are willing to to do a downpayment of $150,000 down on the deal, then your calculations are not adding up since you owe the bank $800,000... well this 800k is directly calculated but where is the interest for the bank?????? help me on this cos am slightly behind as i have watched a number of your videos

[@Zuesmericai]

im 13 minutes into this video and it's helped me a ton!

[@hannah3741]

Mrs Stella is legit and her method works like magic I keep on earning every single week with her new strategy

[@patricksamson2358]

Wow I' m just shock someone mentioned expert Mrs Stella I thought I' m the only one trading with her

[@patricksamson2358]

She helped me recover what I lost trying to trade my self

[@wdok4627]

My first investment with Mrs Stella gave me profit of over $24,000 us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known

[@alicialoa402]

Mrs Stella is obviously the best, I invested $3,000 and she made profit of $28,000 for me just in 15 days

[@anabelleanabelle760]

Mrs Stella has changed my financial status for the best.all thanks to my aunty who introduced her to me Her success story is everywhere

[@fatumaali6403]

Thanks Uncle GC and Jonny 😊

[@johnwhitaker9080]

I tried to buy a 48,000 dollar place in Toledo Ohio with a 648 credit score and making 40,000 a year (I still have my job). My preapproval got declined... now what GC...? My apartment more expensive than my mortgage would have been

[@hongkaing5824]

Awesome video as always Grant

[@normidwest1316]

I like that you get it

[@jeffmccarty2786]

Lovin it!

[@williamgoodlett4938]

how come when I said go small all these Grant Cordone followers jumped me and said I was crazy and now they are quiet?

[@briandipalma4633]

love you uncle g

[@kabughoshifah.uganda256]

You are really fantastic ❤❤❤

[@gensowise]

Thanks Uncle G

[@bigBarter]

Really sat and watchtower the whole thing , thank you for the insight . Really helped me look for better deals

[@MasaltaInternational]

I love you....not in a weird way lol....your courses are the best ever and you are changing my life. Thank you

[@dyankovsky]

@grantcardone Hey, Uncle G, thanks a lot for everything you're doing. I've been to your webinar the other day and it was great, but I got a question: You said "go buy local where you live", but all the math you're giving is not working where I live: 1)The local market (Israel) is undersupplied, the prices and demand stay high, and there are no valuable distressed opportunities seen. 2) The minimum legal downpayment for a real estate loan (including the one to live in) is 25%, goes all the way to 40% in some cases in reality. So should I try going and buying on other markets, and pay for remote management? Or should I wait while I have the 30% downpayment for the local deal?

[@timtim4256]

I'm Loving This!

[@rginvestingandpersonalfina5517]

Thanks for the message. A lot of truth in what he's saying

[@giorgichikovani1448]

21:35 why did he divide 10 000 by 0.09% ?

[@danieltheautotech1294]

Man I’m desperate to get into this!!!!!

[@saljuarez2910]

Yooo, grant, you talking to the urban community, you are right, why dont they teach investing in our hoods. Man, growing up, i wish i would had teachers like you or other financial investors. America needs to change the school common core. Just teach these kids how to make $$$ and invest, fuck all that bull shit calculus and other unnecessary math.

[@acenspades8051]

That´s cool and all but applicable in the US only. In Austria, Vienna where I live you pay 2,5 Million € for an old 6 appartment building

[@leohoracio821]

More insight on ☝️☝️ BTC📊 REAL ESTATE 🏡 INVESTMENT!

[@GradientGroup]

Grant, the limit of mortgages for single-family residences any one person can have is 10. If you want to 10x your portfolio and have 100 houses rented year round, how can you do it?

[@millionpoundmentor]

is this theory true, get an $80k house for $3k down? because in the UK its 25% down which would be $20k down for a buy-to-let.

[@aaronlarsen9183]

This video is gonna help me more than all your others thanks so much trying to start while in the Army so money and time is tight so this is perfect thanks so much for your content