$1,000,000 Real Estate Formula - Cardone Zone LIVE!

#real estate #investing #wealth
Call in 305-865-8668
Grant Cardone shares how you can make sure you first real estate deal makes you One Million dollars
Its math….find the right deal and it will make you one million score when you know the exact formula
Set the target…. 1M score
Look for the properties that have an arbitrage (difference in market rents and a property that has not yet raised the rents.)
Then identify the right perfect size property to achieve your million dollar score…
Here is the formula….
5000 per month increase in gross rents will achieve your target….
25 units x 200
50 x 100
100 x 50
Here is the math…..
Don’t compromise location if you do plan to flip
Use a conservative cap rate of 6%….on your calculations.
I'll be spending 3 days going over everything real estate and how I turned $3,800 to over $3 BILLION in real estate holdings.
Go to grantcardone.com/summit
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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.

[@christianveliz8592]

NO ONE ELSE DOES THIS FOR US BUT UNCLE G‼️

[@travauxrenov7956]

Thank you for making all those videos. Your words changed my life. Six months of self training by listening to your videos on youtube everyday made a big impact. Thank you

[@newhyeserart6226]

Lots of respect to you Mr.GC.

[@teresacurry5214]

I love his content we got our house now. But I'm very interested in real estate and more. Ty. GC.

[@anthonydooley3616]

By far, the best information from GC in a long time without promoting Growth Con or Cardone Capitol. Thank you GC for keeping your promise to help a lot of people once you became wealthy.

[@hellajassy]

I love your personality!! Thank you so much for the "Million Dollar Play"

[@user-qe1wu3ub6n]

Thank you for the comment. Hip us on WhatsApp for more information and guideline☝️☝️

[@kabughoshifah3521]

Watching from Uganda 🇺🇬🇺🇬

[@l.a.vicemotors4480]

My Boy Uncle G showing some patients. That guy was on his nerves you can tell lol 😆

[@erickmckeachie2899]

54720 a year in New income uncle G but love your energy G

[@nsharma99]

Bad math = comments engagement = more KZbin algorithm = more Cardone $$$

[@Onepointmessage]

I think the word you were looking for is "caveat." Good show!

[@oramariri]

Thank you papa

[@thomasforbestv5388]

I like the formula

[@ricktaylor2839]

Thanks Grant

[@michalashkenasi8635]

good to see you ! I’m still ill

[@TheBlueskyson]

Mick, go well

[@benhorton2081]

456 unites X $10 = $4560 x 12 = $54,720 yr

[@BrokTheLoneWolf]

Lol yeah that was cringe

[@kennethporst4359]

DUDE Grant know that ik what I'm looking for I've seen 3+ multi million dollar deals in my backyard WOOW...so how do I go purchase them? ??

[@user-qe1wu3ub6n]

Thank you for the comment. Hip us on WhatsApp for more information and guideline☝️☝️

[@TheBlueskyson]

25 units x $200 p/m rise arbitrage = 1,000,000. 50 units x $100 = 1 mill. 100 units x $50 = 1 mill. 200 units x $25 p/m - 1 mill. ty GC

[@javiergarcia1953]

Hey is there any mentors around Greenville sc?

[@THEBIGGESTSCUMBAG]

GRANT WASN'T FEELING THE LAST CALLER LOL

[@sandrabatista1956]

REAL ESTATE ENVEST

[@amanshah4722]

Sir can I import your book in Nepal?

[@ksd9889]

how do the numbers work? 456 unit X 10 rent increase a month is = $4560 X 12 month = $54,720. how does he come up with $656,000????

[@110Nasir]

I was surprise too no one said while is recording other cameraman and other audience values recording?

[@stefan-stocksmadesimple5241]

30:48..😁😁👍

[@lyfenaturally]

You dont have to sell crypto to use it.

[@patrickgallagher213]

Cool

[@kevincay9297]

Crypto guy was annoying..Why don't you cut him off? I'm here to listen to GC..

[@bernardhankinsjr7470]

Everything he said was true. Would you liked to have bought Bitcoin at $.80? THIS IS YOUR CHANCE.

[@sandrabatista1956]

1.000.000

[@chrism9976]

It's bad enough that scammers are in the comments, but now they're calling in? WTF?

[@mrp7943]

Hey cardone, you multiply 456 x10x12x12 It should be 54,720 not 656,640

[@BusinessEngineered]

Had the same thought. Raising the rents $10/month per unit for 456 units makes you an extra $4560 per month, which is $54,720 per year. Nowhere close to $1M

[@mattfurry3205]

No but you would in 12 years...

[@josechuchin6483]

Tell gc.... Explain litttle bit more...that where the number multiply is....so where??? I see but where.

[@josephvlogs5921]

@@BusinessEngineered the new additional value is divided by the cap rate of the new income 🤦🏽‍♂️🤦🏽‍♂️ u obviously dont have any big apartment buildings

[@erickaleigh1650]

How about Sioux Falls South Dakota lol

[@ZillionaireSecretOfficial]

My idea break generational wealth for alot

[@digital_creator_408]

🎉🎉🎉

[@dirtalliancemedia]

450units x $10/month = $4500/mnth of additonal rent , then $4500x12 = $54,000/yr in additonal rent. Am I missing soemthing with your math? On the large 456unit example ??

[@skyrimdavid]

I was thinking the same thing, I’m glad I’m not the only one

[@TheBlueskyson]

However, when you up monthly rent by $100, what happens?...........450 x 100 = 45,000. 45k x 12 = $540,000 p.a.. I reckon that's what he was thinking. There it is diggity.

[@kateburtt]

Yep! It would be $2mill at a 3% cap rate, not $20mill. There was an extra 12 months multiplier in his calculation

[@ksd9889]

he keeps saying up if the rent by $10 a month ?

[@ksd9889]

what is cap rate ? how does that work

[@fusionmediahouse]

What is the number to call

[@user-qe1wu3ub6n]

Thank for ur comment. for more information☝️☝️WhatsApp

[@TheBlueskyson]

for puerto rico?

[@ZillionaireSecretOfficial]

I already made my moves

[@michaelcragg4105]

My best friend I believe is u...

[@Polydea]

That math was kinda off.. 456 X $10 X 12 months = 54,720 per year dawg

[@benhorton2081]

thats what I came up with

[@kabughoshifah3521]

Anyone watching from Uganda here am your mate

[@simchip6]

Grant .... dont bullshit on that xrp move .... do diligence.... xrp will 1000 x ISO 2022

[@hoangthi2443]

You are my source of energy.grant💚

[@nelsongreat5323]

I recommended a professional broker to you guys sometime ago, can I get a person who invested with her Comment below Let's go

[@bellequeen4795]

hey l did invested with her i made huge profits thanks for recommending her

[@user-ms8rc4qc7y]

who made profits for you, am really looking for a pro who can manage my account and make me huge profits for me.

[@timothychristiana9754]

I saw that recommendations but I did not bother chatting her up 🤦🤦🤦

[@user-ki9xt9cd9o]

wow I'm glad I did withdraw my first profit two days ago now I have another ongoing trade with her.

[@anigilajemusbaur6131]

she is Mrs Sarah one of the best and trustworthy broker on earth....

[@josechuchin6483]

Please cg... Explain litttle bit more in your vídeo for all. Explain more....i see, i don't know that number math where is.

[@SPDAli1]

20:15

[@ZillionaireSecretOfficial]

🌎

[@HSKinc]

💢Joel Osteen style cash in the Walls

[@yunghott24]

the xrp guy just gave u a serious gem ,,, dont be naive and his telegram group is really poppin

[@leohoracio821]

Text, Fiduciary feasibility ☝️☝️ on BTC📊 REAL ESTATE 🏡 investment!

[@captaink]

Crypto guy, "XRP is gonna be $20,000!" That mess was .80 cents at the time and today its even lower at .40 cents! Cut in half! I sure hope GC never bought ANY! 🤣

[@annatan4115]

😂excuse me ! Do you mean that SHIT COIN oh ! sorry you mean BIT Coin !!

[@captaink]

@@annatan4115 Hahahaha

[@brandenleeyang22]

49:00 hes so red. XD

[@brandenleeyang22]

XRP went down to .7$ XD

[@sonnyestrada781]

XRP dude is weird AF- lol

[@freeskier250]

he's a scammer

[@yunghott24]

na bro hes super official join the telegram group

[@amanshah4722]

You didn't made me clear about adartrage

[@TheBlueskyson]

or arbitrage

[@nature10879]

The guy who called about crypto made me feel some type of way. It was a waste of time listening

[@vidadivah6145]

🙂🌹👍

[@wagrealtyllcnorthcarolina7726]

Shiba INU

[@freeskier250]

Shiba Gobrokeinu

[@Alvaradoalexander]

XRP is now at 0.40. The guy in the call lost big

[@joshuadunbar4812]

Grant your math on the $10 rent is WAY off bro. $10x 496=$4,960. $4960x12=$59,520. it would be 10years to make 600k

[@rayb7402]

You guys should qualify your callers. Wasted 8 minutes of my life with that puerto rican. He was just trying to plug his coin and his package. We all had to listen to it. I hope Grant you didnt get cheated of 30k.

[@freeskier250]

Exactly. The guy was a complete scammer and time waster. When you hear "listen to me" that's a red flag stay away and end the call if you don't want to get ripped off.

[@skyrimdavid]

He was “COstA RIcAN” remember

[@rayb7402]

@@skyrimdavid I know :)

[@skyrimdavid]

@@rayb7402 lol, I definitely agree with you tho. That guy was a nutcase lmao

[@dawsonholley11]

XRP is 41 cent now. When he called it was 80 cent

[@linty2]

This guy is trying to peddle XRP 😂

[@cocotico9997]

how????

[@bernardhankinsjr7470]

If you don't listen to what Mel said, you will regret it for the rest of your life. DO YOUR OWN RESEARCH. XRP is going to be the worlds reserve currency. I have bought significant amounts myself before I ever heard of Mel Carmine.

[@cocotico9997]

@@bernardhankinsjr7470 what's xrp?

[@xrpqfsteam1776]

@@bernardhankinsjr7470 BINGO!!!! 10000000000000%

[@xrpqfsteam1776]

yes it can also make you rich!!!! LOL

[@rkc2322]

Can anyone explain why you would get a new loan for a higher amount? When you get a loan they do not just give you the 2.25M in cash which wouldn't give you 300k in cash? You could pay off the old loan and debt to the people who invested with a contract but then a bank would probably not just hand you 300k

[@TheBlueskyson]

RK, I think mr cardone means bank will loan to you on the asset/property. So if it's valued by a valuer at 2.25m, then bank will risk lending 70% OF 2.25m with the property as security. ?

[@jakubkrason]

XRP guy talking s...t 30k in crypto and he thinks he's a guru haha. Broker to buy it - that's just a scam. Buy it on binance

[@yunghott24]

Mel is Official

[@Onepointmessage]

Dude, the XRP guy got way too much airtime.

[@l.a.vicemotors4480]

He was getting on the nerves you can tell 🤣 🙄 mine too . Jezzzz

[@kevincay9297]

Agreed..Not why I'm here to hear that B.S.

[@bernardhankinsjr7470]

It saddens me that people get stuck in one way of thinking. There couldn't possibly be another investment that could make money, right? Ever heard of Bitcoin Pizza Day? Real estate is an awesome way to make real money, but not all of us have the time or ability to get into it. DO THE RESEARCH, and then decide. Look at how many of the biggest banks have partnered with Ripple to make XRP THE token worldwide for cross-border payments. I don't even have to be here sharing this stuff, I just know Mel is right and trying to help people out. A small investment now will turn into a huge windfall in the not to distant future. Bless you Grant Cordone for helping the ones you can with your knowledge, that is the same thing that Mel, and to a lesser extent myself, are trying to do. We have knowledge that many others don't, and are trying to help others find a way to secure their futures.

[@xrpqfsteam1776]

@@bernardhankinsjr7470 Thank you my man!!!!

[@xrpqfsteam1776]

LOL, you meant not enough???

[@organicmetalhead7131]

The people you have in your call center are awful. They are rude, impatient and have zero professionalism. I have scheduled calls that nobody returns. I have left messages that are returned the following day (which is fine) but the representative had no patience to give me two minutes to get to my computer, quickly give me an email address and gets off the call. I called again and when another representative called back at an unspecified time, he quickly tells me he’ll have to call me back and flat out hangs up on me! I kid you not, I have better experiences dealing with government bureaucrats. What is going on in your organization?

[@TheBlueskyson]

Meathead, yeah i suspect you're correct. Hot shot whizzkids trying to hustle with no life skill foundation lol. Same wit email. Automated and no actual reply to the question. GC? Step it up bro

[@HSKinc]

🤣Israeli Caller should be a Pro at Real Estate, keep taking Palestinian LAND 💢

[@kamgunner5920]

Ma brother the numbers you gave do not add up! How you got the 1m on the 25 units etc did not add up. Please enlighten me how you come to the 1m figure. Your team is useless, how no one see the numbers are way off is mind boggling. 456 units X 10$ is 4560$ per month. 4560$ X 12 months is 54720$. Please ma hommie tell me where I've missed the best part of the 1m. I respect your work but them figures have got me buggin.

[@kamgunner5920]

I messaged on that number but I got blue ticked and aired!?. I'm just tryna learn but them numbers made my mind trip. I mean no disrespect you're a made don so no disrespect is ever intended.

[@kamgunner5920]

GC that's a bum move I tried be respectful and comment on your content and you send some phoney whats app number to some bitcoin pushers!? You are billionaire whose mind is still in the gutter. Now I believe you may just be the type to thrive on another's misery. So your "deals" are actually some gutter scheme to fool the average person.

[@EmvyOfficial]

Just to clarify, when you increase the rent, you divide the new gains by the cap rate. For example, buy a 30 unit. Increase rent by $100/mo which is $36,000 a year. Divide that amount by 0.03 cap rate (cap rate varies on area) = property is 1.2m increased in value. These people never go into detail

[@freeskier250]

Yeah, he should have clarified it's a 1M property value increase, which you can cash out refinance and pocket tax free.

[@Polydea]

I thought the same thing homie!

[@michaelcragg4105]

Guy out here faken u but I let him know what I thought bout that bc that wasn't u...

[@MegaAngel307]

lololol

[@tsizzzle_330x9]

Xrp is worth 45 cents now 😂 he’s lost money.

[@1anonlynone]

The guy pushing XRP sounds like a scammer

[@asonyutonny7635]

That XRP guy is a fraud and a gambler 😂😂😂😂😂