The Magic of Real Estate - Real Estate Investing Made Simple With Grant Cardone

[@drewpurvis4195]

46:52 "I don't want to go on a two day vacation" I laughed so hard I almost wrecked my car. So true! Great episode Uncle G!

[@FabianBaez]

Power of the Refi- thx Grant ❤ the book.

[@scottaduddell5796]

Hey Adam, if you are re-watching this, the deal with a business and income is getting it to a Solo-401K profit sharing. If you are the only full time employee, you can create a Solo-401K, or "checkbook" 401K and then declare profit sharing from your business. Thus, sheltering the income from taxes and creating a self-directed plan that you can now invest in other income producing entities such as Cardone Capital...

[@BitcoinBitz]

41:48 hahahahaha The Crim crims!! ahhahahahaha

[@MusketeerInc]

Dude that half a million dollar plan was MAGIC yo! 😀😀😀

[@namnguyen7952]

Hi Grant, I want to know more about real estate! What would be some of the good books to read ??

[@LincolnLog]

So the process of REFI is to obtain more leverage (debt). What if your units that were refi'd on assumption of $1,300 rents had to haircut rents to $1,100/month to fill vacant units? I don't think constantly increasing the debt leverage will eventually pan out for late investors. Increased debt leverage will just make you more sensitive to downside moves if you bought at the top of a market.

[@LincolnLog]

Ahhhh Grant knows his exit. Hahah, nice going Grant!

[@TheQuarterbackX]

Hi Grant. Trying to figure out how I can ask you a question like you keep asking us on your videos. I would like to figure out the numbers when looking at a property to determine it it's a good deal or not. Then good, better, and best. What return I would make when buying a property. Keith,

[@hanspersson2015]

I recently began following this channel and learn alot.. I`m interested in purchase your book "how to create wealth in realestate"... Does the offer still applies?

[@szabolcskomaromi]

Who gives more than GC? 🔥

[@ilianaschuring866]

Nobody !

[@lilianacaninenberg3912]

Thank you so much for teaching us about "Real Estate". Could not done it with our you sharing all your years of experience and knowledge. I cannot thank enough. Anytime you come over to Germany please be my very special guest :) Best wishes today and always !

[@EmpireTextbooks]

Which of your books details the cash out refinance that you talk about? Love your videos!

[@ilianaschuring866]

Top

[@djchrisroxx]

Thx GC for the info.

[@nick5141995]

“Crack rock ankle block.”

[@xCCflierx]

46:50 Won't your 40k be taxed based off of the 120k sell price? Or is paying the principal a tax deductible? Aren't the amount of taxes paid the same if you dont 1031?

[@LavenderChocolates]

How is there no capital gains taxes taken out ? That’s always on case for a refi? Did you do a 1031 exchange on that profit to defer the taxes ?

[@LavenderChocolates]

Freddie Chipres thx that’s right he didn’t sell duh... for profit he refinanced . 1031 only when selling and deferring tax .

[@kermitgator]

@Bernadette the money from the refi are proceeds from a loan! No taxes due on a loan.

[@cannabisconnoisseursclub7554]

Bernadette Nadine Almeda k1 dereciation notv131.

[@patrickgabriel242]

So you paid off old loan with new loan which left over is 1.8 million but you still owe 1.8 million right

[@heshamismeel9416]

My uncle GCC^^الحياة ربيع عندك Life has spring xD

[@himfirm3695]

I am a real estate dealer, me as a seller and the buyer who pays capital gain tax

[@thedominicanway9682]

This is so beautiful uncle g

[@the_platform]

Go to 3:51 (Geez!)

[@sneakerhead1155]

what sort of cash flow would you make every month off a 400,000 dollar investment like captain Ryan put into Nashville?

[@premalgohil2310]

Hi Grant - I tried to buy your book on the web link provided but wasn't working. I'm from the UK and doesn't give me the option to ship to the UK. Is the book avail in US only?

[@premalgohil2310]

Just seen a few of the other comments - will try Kelvin now

[@cannabisconnoisseursclub7554]

But now dont you have 100 mil debt and doesnt the cash flow go way down after refi? Im sure the property will still pay for itself but now has to cashflow double to provide the same. Unless im missing something.

[@MrJules409]

The monthly cashflow does slightly go down on that deal however when you take the cash that was refinanced out and purchase more deals, your cashflow and net worth simultaneously goes back up.

[@toddromazko3653]

I love cash

[@cmrchris]

will the book be available on audible?

[@yiannisdemetriou5570]

I love this dude

[@ConstantinUngureanu]

💪🏻💪🏻💪🏻

[@pjt7158]

How they go to your pocket if you have to pay them back?

[@michaelrivera2074]

The tenants pay the bank back each month 😁

[@user-cl3me1mk1e]

for the 58 million dollar property is the 105 million the new debt and after your pay back the old debt is the 52 million dollars the new debt. Can some one please explain this to me?

[@robogle59]

105M is the new debt... he's taking the 52 and investing it somewhere else. The cash flow from the property is supporting this debt, per the bank.

[@user-cl3me1mk1e]

Thanks! I got confused because I didn't think that a property could appreciate so much!

[@kermitgator]

Danny, Rob's explanation was confusing and incomplete at best, therefore you are obviously still confused. The property did appreciate "that much" to 105M. If you don't understand that, this is way over your head. The 52M is the difference of the old debt and the new loan, which is money in his pocket, proceeds from a loan thus no taxes. Saying that he rolled the 52M into a new deal is speculation and just confused you further.

[@user-cl3me1mk1e]

kermitgator Yeh i did some more research and i figured everything out. I just got confused because i didn't think a property that big could literally go up in value about 82 million thanks tho

[@MrJules409]

Btw folks it's called increasing the noi not necessarily appreciation that he gained just holding the property. Multifamily works different vs sfr and 4 units and smaller

[@rishilohani7325]

Grant - how did the bank determine to give you the $4.5 million loan once the property was valued at $6 mil?

[@slapshot15]

Banks typically refinance at 75% LTV.

[@MrJules409]

He increased the noi

[@adrianf910]

@@MrJules409 so does he owe now 6 million for that? If he puts that 1.8 on it it'll be 4.2?? That's what I dont get or is it paid off cause he paid off that 2.7?

[@theBook_Junkie]

You don't ship to europe😞 i asked and your amazing team replyed and thay are quick so thats great but still didn't get the solution, can you halp me with this problem?

[@theBook_Junkie]

Thank you

[@wakilistravelskenya]

Can these tips work in third world like Kenya?

[@thaka7]

Davis Macharia I think it would except the banks have really high interest rates thus you might not earn as much. But then again it will all depend on our loopholes

[@thecashflowshow6494]

Sell it, keep it and pay no taxes! Trump style!

[@frenchamericantv]

Real Estate Investing is dangerous to the people : it drives the rents higher and higher each time there is a change of ownership and drives thousands of people out on the streets and that's why the US, the richest country in the world, has 350 000 homeless people,, while the investors get richer and richer. Anyone can get rich on the back of the poor and the renters.. "Who's got the money of the evicted tenants" should be the topic of your next show.

[@MrJules409]

You should change your poor mindset dude. Thinking that way will never get you to prosperity if that is a goal, which it should be btw, of yours.

[@Brian-cb3ce]

@@MrJules409 wow. You're one greedy bastard.