How to Buy Your First Deal with No Money Down - Real Estate Investing with Grant Cardone

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Uncle G brings it for free every Monday with captain Ryan. Today on the show Grant advises to not chase your budget. Finances are won on offence. When you don’t have money, you need to get other people’s money. Who’s got your money? Don’t buy deals you wouldn’t look at if you had a bunch of money.
The fact is, we all get stuck finding money no matter how rich you are, so the thing to keep in mind is the deal is what matters, not how much money you have. Most people do deals based on how much money they have. There is no such thing as no money down because you will have to exchange something with them-sooner or later the money will have to come from somewhere. Where can you go to raise money? It’s out there, you just have to find it. Act as a broker and act like you know what you’re doing.
Here are 3 things to ask before going into any deal:
1.Ask a woman to tell you how she felt around the property. Just like when you go into a room, you know how it feels. How does the property feel to you? This is subjective, but ask yourself this.
2.Go over the numbers, the T12. This is objective. Do the numbers add up and make sense?
3.Go look at worst case scenario. Go look at the worst year ever. Will it still break even if another 2008 happens?
#business #realestate #investing #GrantCardone #10XRule #SalesTraining #SalesMotivation
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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.

[@dimapeters8588]

Grant cardont tv the only youtube chanel with its own advertisments😂😂

[@vincentuzochukwu2318]

grant Cardone is a hustler. i love his will and desire to make money from every opportunity

[@Trending-worldwide-now]

Uncle G has the most annoying sales group. They never give up until you buy, and after you buy they come up with something new to sell.

[@andrelomov]

No one gets me as motivated as this dude.

[@busterbiloxi3833]

What do you own? Nothing!

[@TheJoshua12104]

" Chase the deal , not your budget" wow!!!! I love it

[@waynedonoghue4071]

I love how even when he didn't know he was live he still spoke and acted with the same energy... nothing fake or exaggerated about Grant Cardone !! Top man

[@danielleschoenlau7861]

You can just see the excitement build and he almost looks like he's got anxiety but it's just the excitement of something great in the works!!!

[@desi2031]

Grant, you are obsessed. You are not average. Thank you so much for all of this great information. I'm going to get busy learning my market and what makes a deal good. I'm going to buy all of your audio books as well. Love the energy and the information.

[@Dinoboy48]

17 years old from the Netherlands ,so excited to start real estate its ridiculous. Love Uncle G. 10X

[@SRoyalty]

Wow I can't believe you Just gave all this info for free. Uncle G your the BOMB lol Thanks a Billion 🙏😊

[@SarahVision]

lol I'm so glad you didn't cut out the beginning when you didn't know you were live. That was really funny :)

[@DS-xd4zn]

Hilarious lol

[@costinfilip6607]

it was LIVE..................................

[@addapubliccomment8696]

51:20

[@fcgcalendar5787]

@@addapubliccomment8696 lance edwards

[@bryceplumb9169]

Everything is recorded how it is!

[@beazt4life]

fortune builders charge hundreds of dollars for seminars about this information

[@nelly2377]

El Guapo sshhhh!

[@j.gwells5252]

Thousands, actually.

[@jasonhenry542]

Right!

[@walkitoff9814]

i read it fortnite instead of fortune

[@skorpyo331]

Who s doing all the renovation

[@warriorjunior1014]

"Never again, could you be with another man." The power of cash!

[@chasekozyra1236]

Love that beginning.. "it'll disrupt your relationship." Uncle G is the man!

[@chasekozyra1236]

***** Thank you Uncle G. I was just reading Schwarzenegger's book and he made his first million in real estate. Getting The Governator on your show would be "huge" to quote Trump.

[@NizzyD92]

Holy crap this was some boss ass shit. Here I was feeling all accomplished cause I made some bomb ass chocolate chip pancakes. Maaaan, fuck pancakes! #Motivation #BigBoyNumbers

[@kenmondsanders]

That's the funniest comment ever! LMBO!!

[@michellereyes2628]

If you want to find the best real estate deals fast then go here: hootrealestate.blogspot.com

[@Garycarlyle]

not to be negative but i think he is saying we would need a million from the bank. im from the hood. no bank is giving me a mill

[@Garycarlyle]

of course that is my fault but this is obviously not going to be able to be my next move.

[@BlackQueenMagic]

Dave Niz 😂😅😂😅😂😅

[@t0pcl0ser]

Can you talk more about routes to market for investors? Most people's family members don't have a $1,000,000 in the bank...

[@robertlangley4933]

I agree - I am in the same boat.

[@WorkingCapitalVlog]

Gain control over property for cashflow using other strategies and then over time you will develop enough money. I have 20 properties in my portfolio but only hold legal title on 10 of them. The others I control through lease-options and corporate letting

[@kylewatts8946]

Truuuuuueee!!!!+++:))))

[@kylewatts8946]

+TheEntrepreneurVlog Can you explain more please!!!!+++:))))

[@kylewatts8946]

+TheEntrepreneurVlog Can you live off your cash flow?+++:)))

[@diegolazodelavega1953]

I'm 16 years old. Remember what i say... watching this guy every day for the next years will help me and at age 25 I will be a Millionaire

[@anthonypeltier4039]

Grant love your content. What you preach is essential for success, stay with it you guys.

[@vincenterasmus5664]

I've been following you for a while and i cant believe I only found this now , you are the true G.O.A.T.

[@vytautaspuplesis8220]

Hello Grant. What about foreign markets? Like EU (European union). You have followers here as well. What countries could you advise for investments?

[@t0pcl0ser]

You're right, we need some love over here in Europe

[@libraryofthemind]

I'm from Australia and 2 million dollars will only get you like 6 units if that....so is it even worth it?

[@joelscb]

Jared Chan probably not so you should stop looking

[@JeremieRykner]

I'm from Europe and investing both in US and Europe, there are plenty of opportunities in Europe, in places like Berlin, Budapest,etc Contact me if you are interested to talk details about such opportunities [e-mail]

[@c.4059]

Jeremie Rykner hey man I live in Germany and Netherlands and I would be interested!

[@_BestViralClips_]

I'm addicted to watching your videos, I cannot stop. THANK YOU!

[@ciscoallah]

he's faster adding up then all his help.. respect

[@Astronaut2b]

Who’s watching in August 2021? Keep up the great work, Uncle G!

[@alexchappell6219]

Just exquisite esoteric uninhibited stream of consciousness.

[@Nalkaaa]

Everything he says is true but only for those that already have built portfolios....I am just starting out, after I bought a 4 bedroom house, rented out 2 of the rooms, and started to see a small cash flow that made a difference in my world! We saved up and bought a second condo 6 months later, in which we rented out completely we started to see more cash flow! 💰 now we are saving up to buy another investment condo....hopefully in a couple years when we reach that point I will come back and watch it again...my whole point is, start small and this is the bigger picture 🌈 stay blessed

[@garrettmgunderson]

Loved the show! Someone get Captain Ryan a $5 calculator, much more efficient than his $1300 Macbook calculator lol

[@bryceplumb9169]

Captain Ryan is much faster!

[@cruzleon2454]

This is complete GOLD Grant. Never thought it this way. Thank you for the immense value you just provided.

[@mightbegenius]

Problem is.... a lot of us don't have a rich uncle or any family member with a million bucks in a bank. Literally, there is no one to give us the downpayment...

[@wokewatch8508]

I know about zero people with kind of money.

[@ShawNshawN]

2x work until you can put down money.

[@fasteddie775]

@@ShawNshawN love it!

[@hearme4581]

Look up wholesale real estate on youtube no money needed to start

[@DiogoSF008]

mightbegenius You gotta start getting out, go to real estate/property events, talk to everybody anywhere, either the train, at work, at the bar. Make sure people know what you are doing and if you have a good deal, you might just find an investor. Finding the investors is definitely the hardest but if you don’t put yourself out there and look for them, you not gonna find them.

[@Greg_Chase]

I must confess, I prefer GC for the entire vid - he has a charisma and sense of humor and intellect that I think is hard to match. The other staff are talented. But GC is thee man.

[@Bossup813]

How can you thumbs down great game uncle g is spittin for free! Thanks unc!

[@jt2kool]

another great sesh

[@ThatIndianKid002]

Can we just talk about how good grant is at mental math? I’m Indian and I can’t keep up with this guy

[@stocksandcoffee]

I'm not bragging though, I kinda am, humble brag, it wasn't that humble either hahahaha Ungle G you da man!!

[@caribbeanviews5093]

I'm new in here in real estate. But my dad been in it for over 6 years managing his 5 unit Apartments. And I just like the idea of money working for me. So I was thrill to be creative and stay creative in this new business for me while I have the money.

[@mizaelreyes7749]

I am gonna be a billionare. I love 💰 money loves me

[@415BurberryKid]

Mizael Reyes I’m gonna be a billionaire too

[@jonigamble1481]

So how exactly do you buy your first deal with no money, could you send you answer in an email. [e-mail]?

[@ritell1992]

@@jonigamble1481 Lets be clear, you will never be able to purchase anything without money. Of course you will need a job to gain some capital; that capital is used to build credit, payments history and showing loaners if they can trust you or not. Once you establish that, than someone can loan you money to invest into your very first deal. (simply put)

[@munkhbat.mb_]

Its been 2 year are you billionare yet? Or still taxi driver

[@estebanmeza978]

Yall think too small, Im going to be a trillionare

[@alexandraseverino9346]

I love your information. I listen all your videos every day. Im a single mom.very stress about my finances.God put you in my path to success .God .God bless you.

[@AshtonRblake]

The favorite moment here Grant-"what can I do for 5000.00/door Ryan" Cameraman-"Paint" Grant-"PAINT? I can paint the town" 25:30

[@bryceplumb9169]

You can fix a deal up easy!

[@bironinstalls9463]

This has to be my new favorite video on KZbin! People will pay thousands for this kind of information. Grant, you’re the man!

[@SingleHandedProductions]

Much Appreciation G-man. I'm barely getting into real estate sales and personal money management (real life) I know a fair amount of terminology and I am happy that I can at least understand (most of) what you are talking about!! But try to remember the beginners, And maybe break down the Calulations into layman's terms on the 1st pass over them. (Like Cap Rate, Noi, Percent of Percent.) Personally, I am following along, but I can imagine a large amount of viewers - Losing Focus at the point of numbers just beginning to fly up on the white board. I hope this somehow helps, as you are certainly helping me and others! Genuinely... Thank You. -Joe G.

[@SoFarAway450]

Yeah. I didn't understand much about those exact terms you mentioned there and some of his calculations.

[@ManifestingCourage]

Hi Mr. C. My name is Troy and I'm a Marine Vet. I just had a knee replacement surgery yesterday and I am kind of bed ridden. I've watched your video, taken notes feverishly, then I stoped the video and cleaned my notes up as I understood more. I worked the math out as you gave direction to Ryan and I made a glossary of terms as well. This shit has me excited!!! I'm going to do my 1st deal in 90 days. And one day you're going to do a deal with me. This is the 1st video of you I have ever seen. Please help me to understand: 1) at 56:09 how do come up with needing $1,000,000 for the loan? 2) at 57:19 you tell Ryan to compute .058 of $2.7 mil giving you $156,000. You then subtract that from your NOI of $272,000 giving you $115,000. Then you come up with earning 11.5%. But I don't understand this computation? During this period you also call something the "debt on the deal"? Thank you for your time and thank you for motivating me.

[@you-tube153]

Video never really explains the no money down part... just says to raise money by asking friends, family etc. Like everyones family has hundreds of thousands of dollars theyre willing to lend out

[@rwolhar]

A lot of lenders will not lend you money if your down payment is based off of "gifted funds" as well....just save 15% of the purchase price and get started

[@busterbiloxi3833]

There is, man! I did it, Baby! Baby! Baby! Dude!

[@paco7669]

There are a lot of people with money out there. Find local investor clubs and join them.

[@EvasGamingASMR]

@OhKay Work your ass off until you can tell your boss to kick rocks one day.

[@darksails6370]

becuase its all bollox,,lol if you buy commercial and use bridging there is a possibity of no money down, for everything else it bullshit.. just sales patter, any pubicity is good publicity even negative comments :-)

[@thatguyontuba]

Im in school learning calc and diff eq while all I need to know is simple percentage calculations. Whose making curriculums nowadays??

[@bastiaananthonie]

most valuable info Thanks Grant. Never thought about doing real estate. Interesting to learn how you build the whole deal up.

[@amyhenson2790]

Grant, Thank you for sharing your story. I am a recovering addict and your story has inspired me very much. My daughter graduated from hs this year and I am at a place in my life where I can invest my time and the small amount of savings (abt. $5k) I have at the moment. I am super motivated and know that anything is possible if I stay focused and surround myself with positive people, like yourself. I would love to come to one of your conferences and also bring my daughter along. She started college this fall and has already dropped out. I have always told her that I wouldn’t be disappointed in her if she didn’t go to college immediately or ever, for that matter. I know at 18 yo I had no clue as to what I wanted to do with my life, yet I went to college anyway and now I owe $50+ in student loans. My daughter is also motivated and extremely talented. I am so proud of her for having the courage to follow her heart, with the risk of feeling like she has disappointed her closed minded grandparents (who have been a huge part of her life throughout the years). I am probably sharing way too much info, but it’s worth the risk, today, to try and get any advice/help I can get. I have been watching Tai Lopez’s KZbin Channel and that’s how I found you. This is the second video of yours I have watched and you seem to genuinely want to help people. I admire you for giving back and sharing your story so openly. You prob have no idea how many people you have helped/are helping. It has always been a dream/vision of mine to own rental properties and also flip houses. Because I have such a small amt of cash, would you recommend that we first find one or more products to sell on amazon/shopify, etc. to earn more money before even thinking about real estate? We are at least wanting to invest in one of your classes/test groups, but I wasn’t sure if that would be one for e-commerce or real estate? I am desperately seeking guidance or a mentor to help with this process. I have no doubt that my daughter and I, both, will achieve financial freedom and I am so ready to start this journey. Thank you, again, and I look forward to hearing from you! Keep doing what you’re doing. You are touching lives!

[@AldosWorldTV]

Grant I love your energy lmfaoo

[@jaydencallan1010]

Instablaster.

[@padmamadala]

This is the most valuable youtube I have ever seen. Period, much love Uncle G, would love to be part of your team.

[@manuel-miguel9143]

Awesome, thats what I was looking for.. thanks for giving away all this knowledge for free ❤

[@johnzammito5003]

I am currently 19 years old and my family went through the same as yours in which my father passed away when I was 10 and my mother had to sell our house. I listen to you specifically for real estate advice largely because of the familiarity within our backgrounds. My only question would be how exactly (if you want to start investing at 19 with very little college debt, but on a college budget) would you find the funds needed for a down payment or the faith and trust of investors to actually invest in a 19 year old?

[@4homemail]

Damn, I need to read some books and re-watch this. I lost it on his deal about 6% return and 65/35 ratio!

[@hugosolis8613]

Me too!

[@alkasharma929]

Recently got into Real Estate investing bought my first properrty Detached Bungalow for $1.5 MN i am an investor whoo!

[@CallMeRose]

When you say units what does that mean? Like “16 units”.

[@brianjruddy5515]

Uncle G this is awesome. After floundering around since the early 80s. I'm 55 clearheaded and just got out of jail and had time to prioritize what I want to do. Listening to you is gonna take me to the promised land.

[@TheBlueskyson]

Rose. 16 individual apartments, which are like big apartment blocks, not houses. Grant's talking smaller properties, usually one or two bedroom units/apartments.

[@SantiagoGutierrez-ni8kb]

so at the end, after you find the deal; you still don't have any money but have found OPM to fund a deal. How are you factored in the deal? in other words what would you pay yourself?

[@DonMartoneMoves]

This vid should have 3m views

[@calebchambers5356]

I love this shit so much. Grant I’m 20 years old obtained my realestate license at 19 and I’ve now started an ATM company. I’m finding ways to make more money this summer also to save up for my first deal. I plan on getting my first deal ready and done in 2 years. Hold me to this

[@travelmoto]

your book is getting popular in Greece (it is in every book store) I just finish reading it, I liked it a lot dude...

[@HanselHessUnfiltered]

Reading is useless.if not backed by action

[@callummason-byrne9817]

@@HanselHessUnfiltered wrong

[@MsVlsqz]

Which book?

[@TheBlueskyson]

Think and grow rich

[@christyharris4410]

GRANT!!! i have watched this video so many times along with your other videos about how to get started in real estate!! I'm so pumped to get in this game and you motivate me every day to know everything I can so I can master this game!! lets goooo

[@NateGotKeysUAD]

Great video

[@OhReji]

Right lol

[@raymondramdin9821]

how do you pay the bank? Because al you're talking about is paying the investors who gave you the downpayment

[@franklineidambila1369]

yall realy find it hard understanding this. If the financial lender finds the deal worthy they'l definitely give you the money and advice if need be. That deal alone is the security attached to the loan

[@TheBlueskyson]

Ryan doing his best to keep up wit the great man. ty boys.

[@nikpapanikolas8694]

Is all that possible only in the USA what about Europe i live in Greece no big deal hear only houses and apartments

[@alexandregoncalves3950]

This is probably the most valuable video on KZbin

[@Thetradingfraternity]

great video, more people need to know how easy this! I got a pretty big team down in SoCal and I am an accredited investor would love to collaborate on a video and some deals!

[@23evulp8]

Josh wtf you are on GCs videos.

[@carmenbills2264]

I'm glad I met this video I can't stop watching, because of what I have gone through in life and my current life situation .. Becoming rich depends on your determination and hard work

[@MoneyMikeda9mm]

People who state that you can't do a deal with no money down just haven't done it before. My first real estate deal was in 1997 and I was paid $15,000 to take over someone's mortgage. So that's better than no money down.

[@fletcherpersinger5102]

I found you through Patrick Bet-David Interview this is my second video watching you. After 30min in I Subscribed

[@brandonlagrasse8104]

Something simple but it hit really hard: Why is it easier for the bank to approve you on 3.7m than 250k? Because a house doesn’t create income 🤯 I’m tying this back to your interview with Brian Rose, houses are a product created by banks to give you a reason to go get a loan 🤣 and they branded it “American dream”. You’re the first person I have ever heard say that out loud. My man 🤙🏼

[@micahharris7649]

So 6% is the preferred return, but you paid out 65% to your investors? Does that mean that you paid 6% per month, quarter, year for each investor. Then in the end when you sell the property 65% of the deal was divvied up between each investor and you keep 35%? For instance..... NOI: $100k/year $6k goes to each investor A, B, C, etc Then you sell the place and make $1 million. $650,000 is divvied up between each investor. You keep $350,000? Hope this makes sense, Thanks

[@micahharris7649]

Much appreciated!

[@bethh1068]

this whole thing really confused me I think it would make a great episode as well as how to operate a operating team

[@SoundCityNetworkTMMain]

This is what Grant is saying. They are guaranteed at least 6% ROI. If the apartment does 15% a year, that is 9% more than the preferred (6%). They split that 9% into 65/35 which makes it 5.85% for investor and 3.15% for the team. so the investor would get a total of 11.85% ( 6% + 5.85%).

[@bhavikpatel337]

Thanks for free advice Cardone I always like to watch you to increase my knowledge 👍🏻👍🏻👍🏻👍🏻

[@shipmate3577]

The guy on the left looks/acts like he's Grant Cardone's Jared Kushner.

[@nathanmcpheron2585]

As someone who wants to obtain knowledge and has a big student mentality, I love watching the passion and enthusiasm you have for real estate investing. Finding investors is hard without a network of people with money but now my goal is to achieve a network of investors and will go big!!

[@austinffeest8278]

I am 18 years old right out of high school and am working for about 50000 a year. I think real-estate is the way to make the big bucks. I just really do not even know where to start any help would be great.

[@angelcastillo3100]

austinf feest hey it’s been a year since you posted this. Any update? What’s new what have you accomplished

[@jlee2333]

listen man! if nothing more your shows are extremely motivating. and it is sooo much more than everything else I've looked at and trust me I'm up sometimes 2 days watching stuff. amazing. be obsessed or be average. I've always been obsessed but EVERY body says I'm crazy. I'm fighting with the negativity now in my own self. now I'm obsessed with not being average AGAIN

[@TheRock-yc7er]

Thanks for the feedback.....for more information *+1/5./4./.0../4./..7./..5./..3.../3../7../5* W •H•A•T•S•A•P•P.••••M•E 🔅 ..............

[@smithtonerecords3119]

THANK YOU GRANT, DUDE YOU ARE MY INSPIRATION! I brought your closers product and it has helped me so far. I got to live with it a little while longer. I make about $120,000 average (give or take), and feel like I'm making $40,000. I am already 58 years young, I don't have a lot of time before I wish to retire, I'm a songwriter & producer, I'll like to have some fun before I get too old. Help!

[@Jesus-eb8yk]

This guy is a genius, his always confident ......

[@rodolphomiller4890]

how many years did it take you to get to 4,000 units ?

[@scoobydoo3322]

25 years or so

[@chicanotrades]

I never say this but grant. I love your energy and you’re an inspiration. Thank you brotha.

[@bryceplumb9169]

The universe is energy!!!

[@bradleynauss7515]

"we're live?" best quote ever XD

[@Mgalegson]

I love me some GC. This guy is revolutionizing my thinking. After listening to you, poverty is a choice because you make being rich so real.

[@bryceplumb9169]

Hope you've kept thinking like him!

[@LRBeats1]

Hey Grant! Just started following you and I had a question. How much money should someone have of their own cash before they buy their first rental property?

[@LRBeats1]

Grant Cardone will do! I don’t plan on it taking too long

[@rudolfotrevizomaldonado3693]

100k in your savings? or 100k in raised capital? can you please elaborate, are you really saying we need 100k in our savings account before investing in rental property?

[@balakaythebear9956]

Rudolfo Trevizo yes yes he is

[@DJMD32]

Say you do have that much...then what?

[@thesilentnetworker]

Thanks for the numbers like .0725 to find purchase price and .058 to get an idea of price of debt for analyzing deals.

[@siphokazimatiwane5082]

Thank you so much Grant, actual based in South Africa but fundamentals are all the same just have to tweak here and there. Thanks man once more. I am new in Real Estate but I am so confident now I am going for cash flow nothing else and i am going bigger.

[@joshdavis180]

Thank you Grant Cardone for changing the way I view Realestate and money. I'm looking everyday at properties and will let you know the details of my first deal. I'm so hooked into this KZbin show you have made. Thank you for doing what your doing

[@sweet_sanndy6037]

Have you done your first deal?

[@Astro_city_pyro]

I'm still not understanding how I can get an investors cash. If I present them with the deal and potential profits, what's stopping them from just taking advantage of the deal themselves

[@glt010678]

logical, legitimate questions never get answered

[@alanv3185]

@DontMaskTruth Maybe you people dont see the big picture. Bear in mind Grant paid for a degree that maybe helped him get a job that earned him money. However he was trading time for money and the amount of money he earned was capped by how much time he put in and not based on his skills. He wanted financial freedom so he made a plan, a target and hit his first target which was earning enough money to start investing. I would suggest saving up million dollars so you put down payment on 10 units. Pretty good first deal right? But where will the million dollars come from? That is for you to decide. Its pretty easy if you think about it. You dont have to get the latest iphone or the flashiest car.....yet. A good way to reach the million dollar target could be by investing in the stock market or by asking your family members for money. Every little thing will ad up and you will hit your target. Maybe you could hit the target through drop shipping. Look stocks and drop shipping are short term investments unlike real estate. the good thing about real estate is that it is like a well-paying dividend stock that rises in value. See you get rent every month and that is giving you CASH FLOW which is important to have financial freedom. When the price on your property goes so high that it would be hard to get that much money in under 6 years that is when I would sell my property, however its not that easy because if it was everybody would be rich. However if you listen to Grant, because he's done it and you listen to the stuff he has to offer instead of looking for every little negative thing like oh his tv is not put up straight, oh he didnt button up his top button or going as far as to call him a scam artist because you are not able to achieve what he has then you will succeed. Take the positives from a lesson, learn from the negatives and improve so that you evolve as a human being. Grant has achieved what he has because he believed in himself and he had a plan. There was a lot of hard work and perseverance behind his success. If you get inspired to the point where you feel like you have a plan then trust me, all you have to is believe in yourself and you will succeed. Grant inspires me every single day and I even watch him in school. I am 16 btw and please ignore my username and profile pic as I made this account when I was 9 XD. You guys have a good day and God bless you!

[@mauiscootershaksales9178]

You guys are ignorant. When you bring a deal to an investor and that investor is going to make a lot more money on that deal than the little change he’ll throw you because you did all the advertising and all the hard work to find that deal under market so he can make a profit. Do some research before you comment bro

[@ladellspratt831]

B.S. and hot air as usual...

[@Undermin3d.]

Because many investors are looking at their overall return. They can just put the cash into your deal as well as 5, 10 maybe 100 other deals. And he makes money doing Nothing. Period. He puts up the cash and makes profit for no work at all. That is why.

[@fritzgeraldlouis2018]

I am not interested in real estate .I love financial market(forex,derivatives).But ,now i see ,why all my friends can't scale in their real estate investment.There's no room for amateurs in the game of life. MR Cardone is a pro. Thanks for sharing these infos .

[@davidperry8518]

Sounds good but, some of us have to find another way. When most of folks work wherehouses and factories, with no 401k's this is not realistic. Learn the game, save 30% of all my income, and learn the business inside out seems like a way to go for me. But the banks don't know me like that, they are not sending me out with 1million bucks, no matter what I tell them. Which leads me back to the 70/30, need good credit. The bank has to see you are responsible with money.

[@unclebo1966]

You have 24 hours in a day. 7days a week. What you do with those 24 hours is up to you. Do you simply work 8 to 4 or 9 to 5 or whatever 8 and come home and drone out or do you do something to improve either yourself--self improvement and development is always money well spent. Additionally, do you spend your other 16 hours riding the couch, social events, chilling with friends, partying, surfing the net and other time wasters?? OR do you for example work another job, go to night school, go to school on line, etc.... Do you do things to make a difference or sit and dream, blaming and regretting things or wishing?? Remember: as long as you keep doing what you've always done, all you'll continue to get is the same old results. And it's asinine to expect things to get better!! You must change what and how you're doing things right now, from this moment on, to doing things of influence, potential and being intentional with your behavior and attitude. Living a life of purpose! Otherwise when you hit your golden years, you'll be a person on a minimal retirement, having more month than money, wishing and regretting.

[@davidperry8518]

Roger Smith I could not agree with you more Mr. Smith! I think it's also wise to consider eternity, and rather or not you'll spend it in paradise with Christ, or the latter with those who are perishing.

[@busterbiloxi3833]

Mr. Perry: Do you own any revenue-producing property?

[@Shelovesboony]

Do you recommend the Buy, Repair, Rent, Refinance strategy? Emphasis on the refinance part

[@TheCornbeefsoup]

I'm noticing in the comment section that some people are asking how can they make it into this type of real estate with little money. The answer is you can't. What people need to realize is that investing in real estate is a "rich man's" game for lack of better words. Put simply u need a lot of capital to make your investments worth while. It is what it is. It's similar to the stock market. You need substantial investments for it to really pay off. If you only own 4 or 5 stocks and you hold on to it for a couple of years your profit won't amount to much of anything vs. owning 10,000+ stocks. So you either save up capital or don't bother getting into this business.

[@ceeIoc]

Not really a rich man's game if you find a rich investor to help you.

[@ZestyZinny]

Speaking truth

[@notcain]

You can do Wholesaling. That's a great way to get into it.

[@asdfjkl3088]

wholesaling or lease options

[@victorcabrera7281]

ceeloc just a matter of befriending one.

[@URIOTA]

Outside of family, my first hero big dawg... never had anyone teach me how to get REAL MONEY... SALUTE!

[@URIOTA]

@Pinned. By Grant Cardone.•. I hope this is really a Chanel operated by Mr Cardone and/or his team because I’d love to get into contact with u anyway I can… actually have some interest in investing! I’m honored…

[@amsmagicalgardeninsmall1009]

Lolol did he say it would disrupt your relationships... Lol...

[@juangabriel8710]

Cardone is one of the only businessman that is truly transparent online. thankyou

[@CallMeRose]

I need someone to show me the ropes line by line. Will someone be my mentor. Books help but not the way I need it to.

[@carterpaul2688]

Hit me up, [e-mail]. I’m a professional investor

[@zakariaassouma2917]

Hey, I can help, I got a decent portfolio going for myself here in Canada and looking to expand in the US. Let me know my email is: [e-mail]

[@kinro4326]

Dont be a simp come on chase money instead

[@bryceplumb9169]

Finding a mentor is great and I hope you have by now! Grant Cardone himself can be one of the best mentors!!!

[@danielleschoenlau7861]

I need that extra help as well anyone else out there? I have as much positive energy as Grant does and motivation is my best quality!!!

[@JoseOrtega-cn7oo]

Love the fact you said about flipping houses,

[@raymondabrenica8471]

Why do property owners sell their apartments in the first place if it has cashflow?

[@laceycardamone9126]

Raymond Abrenica To get a big lump sum.

[@busterbiloxi3833]

Gambling debts. Alcoholism. Drug addiction. Legal problems. Bankruptcy. Inheriting punks who want instant cash. Lazy owners. Rise in value of the property (a very legitimate reason to sell.) Divorced guys who need cash. Most of these are properties are in distress, which means the owners are in trouble. That's when vultures swoop in. Baby Dude Baby Yeah!

[@Digityz]

Huge tax

[@ronaldjackson8432]

The magic of thinking big!

[@sportsstartersTV]

GC, no bank on the planet would let someone making 100k ever buy a 2.5 million dollar apartment complex because there income would never amount to the money necessary for debt...that being said, how are non-millionaires supposed to "start big". If we save 100k like you always say and use that as 25% down, that's a 400K property which is about a 4 unit (keeping in mind that even 100k would never be enough for a 400K property). That being said, I would love to see a show on how to scale from a 4 unit to a 16 and then 32.

[@AlexSchwartzATV]

commercial property loans aren't based on a persons income. they're based on the property

[@maggiegandera5941]

but still you need 25% down to buy any investment proprty...

[@davidcraig7771]

Alex Schwartz not true, traditional banks want past 3 years for personal, corporate tax returns and rent roll for the subject property.

[@mdoubleu4028]

David Craig i

[@icawn]

I would love to know this answer and I don't think many people know, or share if they do know. I will say many people fall into a wad of money at some point in their life. Car accident, or various forms of law suit settlement, family deaths where assets are sold, insane home appreciation for those who purchased 30+ years ago. I see plenty of 12-16 unit deals for $300-$450k in the less expensive areas of the country, where such a wad of money could be enough to kick start you into success if you're prepared ie. luck meets prep. $400k for a 4 unit isn't cheap. What area are you referring to?

[@dan37904]

"Digits and bites and bullshit!" I really didn't get you pair at the start but over the last month I'm sold on these bigger deals, keep it up! Inspired!

[@zdeezy420]

He didn’t know he was live 😂

[@rrawlins3382]

I am glad I found you all.

[@Timbob619]

This dudes gonna help me become a billionaire

[@samissuccessful5233]

Timbob619 Lol yeah right

[@mescnick]

i wanna be a millionaire

[@niecyharvey756]

Make sure you bless people and teach others when you do!

[@busterbiloxi3833]

I got a no-money down loan for a duplex. No money down. There were various fees, not much, on a place that cost me 120 grand. Two units. Rent I collect per month: 1,000 bucks. Mortgage: 1,160 a month. 12-year mortgage. I'm three years in now. Units always rented out. At the end of twelve years I'll collect another two years worth of rent and break even. Then I'll sell and whatever I make is gravy. Profit. Got that? I repeat: No money down. How? I had (still have) other properties in my portfolio. Paid up. Finished. Pay attention! You people are not Grant Cardone. Get Real. Even better: GET REAL ESTATE Also, property managers charge 3%, not 10%. Don't buy in junky areas. Less than 16-units is ok. Do what YOU want. Not what Cardone does. Not what I do. Do what you can, man! Baby! Baby! Custodians living in the building? Really? Dude! Dude!!

[@AtlantiXYL]

So, What im still confused on. Is how can a college student with a maximum of $2300-5000 checking account + $800 monthly paycheck Ever start with real estate?

[@libraryofthemind]

No idea dude.... still trying to figure it out too... lol

[@drshonna]

AtlantiXYL other peoples money. OPM

[@fangiscool1]

According to this guy, have a rich family.

[@mithushansurendra7573]

Source deals for investors. At the beginning you're not supposed to make money for a while, whilst HUNGRILY chasing the money. It's all about learning and figuring shit out. Then having investors and knowing how to invest. Find a mentor as well. Go fucking shadow an investor.

[@ktajax]

Mithushan Surendra right, because all investors want someone following them around learning how to do it for free.

[@cheygrimes]

I can’t even get passed the first minute and a half of this video lmao jus keep rewinding it😂 tooo funny

[@mipatriabella]

What if you don't have family?

[@Mazel_Tov_888]

tons of people have money in the banks drawing 1%, their dying to find a way to make their money grow. enter a young hustler with a smoking deal and a plan to give investors 6%.

[@andy24dog]

This is amazing cardone! I already feel like I'm a billionaire with these tips, all I can say is thank you

[@merlinviertauer2306]

And how you doin?