Teaching a TEENAGER how to make BANK

[@randiaune5219]

Successful people don't become that way overnight. What most people see at a glance- wealth, a great career, purpose-is the result of hard work and hustle over time. I pray that anyone who reads this will be successful in life..

[@sandramenard5323]

@@edithgicquel7104 I totally agree with you, the crypto currency market is the most profitable venture I ever invested in, I reached my goal of $200k yearly trade earnings. Setting realistic goals is an essential part of trading

[@jamesmurphy9772]

@@sandramenard5323 Speaking of investing, I know I am blessed if not I wouldn't have met someone who is as spectacular as Mr Aitor Lorenzo

[@jamesmurphy9772]

He made profits of over $67,000 U.S dollar

[@nicolinevallee7310]

@Beatrice Sanna He has made success easier than we thought

[@nicolinevallee7310]

Sometimes I wonder if he uses magical powers to trade.

[@arisejeff]

It's so great seeing a engaged student voluntarily learning. He chose to dress up and learn about real practical knowledge to improve his life instead of being lectured/quizzed to death.

[@osbornesophia5413]

*To achieve greatness, you need to start working towards it.* Investing remains the smartest way to prepare for the unexpected. Been into this for 6yrs and I’m extremely pleased with the returns. The good news is - *it's not too late to start.*

[@osbornesophia5413]

@Hernandez Torres Understanding your financial needs and making effective decisions is very essential. If I could advise you, you should seek the help of a financial advisor. For the record, working with one has been the best for my finances.

[@osbornesophia5413]

@Hernandez Torres I work with a CFP *(Donald Nathan Scott).* Quickly do an internet research with his full names as mentioned where you can easily get in touch and as well write him.

[@michelpierre3153]

Donald is the best in this space, I'm happy to come across these recommendations. I have worked with him and I am impressed with the thoroughness and professionalism of his services.

[@MSDeere]

Grant just set the trajectory of this young man's, not only, career, but also his life and ability to impact others. Well. Done. 10X

[@darshgoyal7306]

He has over complicated things , this is actually pretty simple to understand just take a property for example $100,000 and 20% down payment and 80% loan at 4% interest and $20,000 your money as down payment and $80,000 loan and let’s say rent is $1,000 a month and operating cost be 40% of 1,000 so 400 a month so 4,800 a year and loan is 3,200 a year so total 8,000 a year so 12,000-8,000=4,000 and now raise rent by 200 a month so now 2,400 a year now add both together 4,000+2,400=6,400 so now 6,400/20,000 X 100= 32% ROI

[@solargiousa]

Sure but the numbers are still unrealistic

[@bolutifeare4530]

You invest in real estate??

[@bizzfgl3074]

The ROI is not 32% the CoC is.

[@darshgoyal7306]

@@solargiousa true it maybe around 20% depending on various factors like vacancy and the popularity of the location etc.

[@darshgoyal7306]

@@bolutifeare4530 nah I’m only 18

[@LiteralyRealRyanGosling]

Who is watching this and are under 20! I am 17

[@LC-yg6mv]

I’m 15

[@egeabali]

I'm 17 too

[@DeleciaBradley]

Same. 18 next week though

[@Top5-l2j6m]

16

[@housingvibes7933]

15

[@MrDovic1]

I feel like there is a part missing. I have watch it many time. At 9:09 grant you say remember my N.O.I and after that you make a calculation with 20,000$ wich i have no clue where it come from. Can somebody enlight me please.

[@jenniferbutler4491]

I tried to teach my daughter how spend her money and more doy she needs help. I would love to see her with a nice doy friend to help her. ✌️🇺🇲💜

[@Mr.MeetJay]

The single greatest thing I have seen all year besides reading your book

[@Nova-Rift]

I was looking for this explanation also. Thank you!

[@stelingtonumiong5575]

Hey grant u are a great mentor 👍🙏🏻🙏🏻🧠🥰🤝

[@stelingtonumiong5575]

I have bought your book it is very wonder ful text keep it up💪 🙏🏻🙏🏻🤝... I am a student from BBA background i wanna go deeper about business.. Please help me.. From India(Meghalaya)

[@itzdarrenv2716]

In this moment this kid changed his dreams of bein an underwriter lol

[@Chrismelendezsd]

GC speaking knowledge! 🔥

[@DanBorgia]

11:59 "Get YOUR DAD to show you that bag, SON"

[@okelloclyan215]

Thanks for educating me

[@effectme3410]

Teaching this young man the right way !!!!! …..good going !!!!

[@yasinmoses1467]

Grant when you increase the rent by $200 won’t you outgoings (the 40%) also be affected by it. ? Which makes the 33.2% inaccurate at the end right ?

[@jprealestategrouptx]

No because you are just bringing the rents to market value. You are not increasing your CAPEX by just going up on rents. If you make improvements on the property then yes it would effect your COC return like he calculated at the end.

[@SoloMotivation]

🌝 🌚 🌝 🌚 *Dream big, even if you miss the MOON, you will hit the STAR* ⭐️ 🌟 💫

[@GR-ir2bu]

He messed up 480,000 divided by 4 and needed his calculator to work out 4000 x 12... at 14 years old... Murica!

[@PreciousNzeakor]

Get your money game right and quit worrying about a champ making mistakes. 👍🏾

[@GR-ir2bu]

@@PreciousNzeakor You sound like you tolerate mistakes and have low standards in life.

[@samsguidetotraversecity3457]

The only thing I would different is say I’ll take 6% but I would make the offer at 12% knowing no matter where I start the seller is going to counter.

[@matthewcoughlin8065]

at 8:16 he says "I'm good at $360k because 3% pays him an 8% return" - So he is acting as the investor so the kid can buy the property. Purchasing property (2 units) for $360k, got it. 8% cap rate, got it. What is he talking about with the 3% that he is ok with?

[@yokeo]

3% down

[@Thinkingbigwins]

I also got confused where he said 28,800 / 1.25 is 25,000. I got a different number..

[@prasunmajumder1166]

You are amazing sir. I'm learning a lot. Thank you ♥️♥️

[@jessecadena58]

🌱🪴🌲

[@steve-on3234]

Robert’s not gonna sell the deal for half price. Sorry

[@ebensales3496]

@@steve-on3234 You are complaining. Try it first.

[@steve-on3234]

@@ebensales3496 Any fool knows that in today’s market with the information that’s available, people don’t sell deals for half price. This is not the 1970s

[@solargiousa]

Unrealistic numbers

[@iammichaelstarks]

This is awesome man!

[@jakerich6531]

Lol I went to school on this one! Thanks uncle G!!!!!

[@ryanpagoria9622]

he starts talking about the cap rate 8-9% then at the end the CoC %.....Also what's the 1.25 he's multiplying the NOI by? the DSCR loan interest?

[@FeemingOnJesus.]

Broo he’s a machine, IRS hates this man for sure🤣😂.

[@FeemingOnJesus.]

Bro i have a stupid question , been studying this dude but still haven’t made deals yet because i want to know every single thing . Will the bank finance you a big debt , even if your low income salary doesn’t meet the criteria but the deal you want to buy is an amazing deal that will produce a huge amount of income on the spot , like the deal already has cashflow flowing and the proof can be provided with the right language so they can see you will get instant cashflow , will they finance you the deal? I live in aruba .

[@rafaeln.castrom.6453]

@@FeemingOnJesus. do your own due diligence

[@livelyfe9592]

Grant You are the man

[@supreme684]

I am going to save this video!

[@arlabalaiah3370]

Good morning sir

[@britney_david]

Can you make a video explaining how beginners can make huge profits within a short period of time? I mean I was at a seminar and the host spoke about making well over $880,000 within 4 months of investing $150,000 I just need to know how

[@lawrencepeter4390]

I recently started my trading with Mrs Annabelle Hartfield, and I'm already marveling over the profits she made for me, assuming I met her on time I would've been a millionaire by now

[@salmakenzie6870]

Please I'm new to all this, how can I get to her also? I need her help!!!

[@salmakenzie6870]

@Thomson Hilton OK thanks, I will definitely do that.

[@Jeffrey_Ambrose]

it's great to see others who also benefits from the service of mrs Annabelle I’m currently on my 5th trade with her and it's a nice experience working with her👍

[@valentinae1186]

WoW! Very good work make you Sir Cardone ... İt is your beautyful ideas to help peoples ...Congratulasions !!!! God Bless you and your Family Always...🙏🙏🙏❤️ My son it is go Avay 😭😭

[@tarandewett1545]

Thanks you Mr. G ,

[@Jesus-no3py]

So I want to start this tomorrow. Do I go ask my dad for $50,000 to start? I’ll go to the bank myself but where do I get 50,000 or what do I need to say at the bank, in detail, to get me started?

[@jeztickles4361]

Trenton Mick - what a name

[@Sundance421]

Are you done doing the Monday cardone zone or where can I watch it?

[@SpartaCraft22965]

I was wondering as well. It seems like the last one on his channel was like 5 months ago and now it's all short clip videos. :(

[@Sundance421]

@@SpartaCraft22965 I know it sucks

[@Greenpowerklauduki]

BUT YOU STILL HAVE TO PAY THE LOAN FROM THE CASH FLOW YOU GENERATED, WITH THE SAME CASH FLOW YOU GENERATED, YOU COULD SAY YOU BOUGHT THOSE FOUR UNITS FOR FREE IN 19 YEARS, CONSIDERING THE DCR WAS 18,640 HIGHER THAN AS HE SAID, this 33.2 porcent you can generate from the money you put down for the loan which is 15 porcent of the total loan, but you still can sell it

[@ryanpagoria9622]

what does he mean when he says "I'm good at 360k because 3% pays him an 8% return" ??? please

[@emierescaife9304]

Can someone help me understand why the $300,000 was divided by 0.07? Having a hard time understanding that part.

[@ryanpagoria9622]

7% loan

[@ladylawrence11]

Great video!

[@anthonypojoy]

Did he just say you’re not going to be able to rent anything over $1000? The average rent where I’m from is no less than $1500 for 1 room maybe MAYBE 2 rooms you’ll get it for that price I actually know a couple that rents rooms and they’re charging $900 a room and guess what? There’s never been a vacancy. Crazy the world we live in right now

[@cjcj2940]

He said can easily raise the rent $200, since the people paying $1000 won't be able to find anything that cheap anywhere.

[@sportsalley5603]

Thanks a lot sir

[@grantv2313]

And it works until one person can’t or decides not to pay by choice and the govt says you can’t evict them due to a pandemic. Then hopefully you can go back to dad and make up the difference for the one not paying in a best case scenario. In the best of times it’s not easy to remove people who aren’t paying. This assumes a perfect never ending scenario.

[@bizzfgl3074]

So you're saying big investors or just investors never dealt with evictions or late payments?

[@grantv2313]

@@bizzfgl3074 I’m saying they probably do. That part was conveniently left out of this talk. Takes away the profits pretty fast.

[@bizzfgl3074]

@@grantv2313 that's why you assume managment and vacancy "fees". The exposition might be a little simplified and it doesn't take value from it. That might be a longer conversation reserved for another time or space.

[@TokyoTaisu]

No this assumes landlord friendly states.

[@Rell_Invests]

This is one of the reasons why commercial real estate only truly works at scale. The more units, the easier you can absorb if a few tenants are not paying. You also factor vacancy (including non-payment) into your underwriting.

[@josefgonza6807]

IN 15 YEAR YOU'LL SEE HIM WITH HIS PRIVATE JET

[@cryptoRen7]

love this!

[@MrDovic1]

At 10:31 what is the 0.07 for to get to 21,000$ ?

[@NOFBDYBS]

Then after the +$200 increase, 2 of the 4 tenants renig on their rent totally, and squat in the residence for 4 months. You're on the hook for the 4 months while the courts take their sweet time to get them evicted. That's the rub. All if this is under the assumption that you have 100% occupancy 100% of the time. Fine if you own 200+ units. You're still making $ at 50% occupancy. Not so cool if you own one unit. Total crapshoot to borrow money from your folks on that 1st deal.

[@keithwilliams3714]

spoken like someone who is scared to do anything.

[@TokyoTaisu]

yeah that's why small deals are very risky. Bigger deals are less risk as less tenants mess up.

[@jprealestategrouptx]

Hypothetical that happens but more than what you said happens. You know what happens more than that? People make money in real estate investing.

[@FESoul]

Really great. Wish you could hold these classes in New Delhi India. Love from India 🇮🇳

[@anthonyhiggins5138]

I'm shocked at this one lol!

[@dalilaohb86]

My Mom and I earn massively on our investment since we started trading with Mrs Nicole Brusher, her set skills are amazing

[@Anais456]

Amazing to see another who trade with Mrs Nicole Brusher, I'm currently on my 5th trade with her and my portfolio has grown tremendously. Her weekly signals are highly profitable

[@gomezfernandes662]

I invest with Mrs Nicole Brusher too, she charges a 20%commission on profit made after every trading session which is fair compare to the effort she put in to make huge profits.

[@NathanielDonalds]

Inspiring! do you think you can give me advice on how to invest in a healthy way like you do? *

[@Andres34566]

As a first time investor I started trading with, Mrs Nicole Brusher, I personally appreciate her straight and simple approach towards educating traders. My portfolio has grown more within just weeks of trading with her.

[@ina-Marine902]

To be honest I am not surprised to see you mentioned Mrs Nicole Brusher. She is the lady for the beginners and her strategys are great just by applying her strategies, I now trade independently. I'd advise any novice in investing to trade with her.

[@yasinnabi]

the best way to start a business with no money is to learn high income skill and start a side hustle then convert it to a business. a fellow creator......

[@samanthareahel8687]

Thanks for this wonderful video..I have incurred so much losses trading on my own....I trade well on demo but I think the real market is manipulated.... Can anyone help me out or at least tell me what I'm doing wrong?

[@adamsilas6194]

Same here, My portfolio has been going down the drain while I try trading,l just don't know what I do wrong

[@LoriKatbryn]

Trading with an expert is the best strategy for newbies and busy investors who have little or no time to monitor trade

[@georgetimothy9186]

Wow I'm just shock you mentioned and recommended Expert Mr Nicholas,I thought I'm the only one trading with him

[@Benjamin-tf9oy]

@@georgetimothy9186 YOU DON'T NEED TO BE SHOCK BECAUSE I'M ALSO A HUGE BENEFICIARY OF EXPERT MR NICHOLAS

[@lawrencegabriel5294]

I stumbled upon one of him clients testimonies and decided to try him out...I'm Expecting my third cashout in 2days

[@bbbbbbbbbbbbbbbbbbbbb7]

Grant can u come to South Africa

[@SuperRkstar]

Nice Grant

[@beachgirlsd5280]

When I was a teenager I sold Grant Cardone In 5 mins over price…& I won..ask me how.. When 1990 Where La Jolla Ca What a jacket in the window

[@sparta_blvck]

how do i get 4 units that will give me 1000$ income/month 😂

[@LouisAguilar813]

Why does that kid look like he's about to talk to me about God lol

[@KOKOFINANZAS]

It’s a process if that kid can handle the heat then in the future he will look like JEFF BEZOS look today you got it.❓

[@LouisAguilar813]

@@KOKOFINANZAS wtf u talking about 🤣

[@KeeganKlotzer]

Kid built different

[@ConstantinUngureanu]

💪🏻💪🏻💪🏻

[@DianeLeon]

KOS👑 KING of SALES

[@fibzy02]

lol just find 4plex for 100k and make each rent 5k 4Head

[@kinglion6197]

wish I knew this wen I was young,, I'm now 208 years old

[@alexdecat3341]

14 Years old asking his old man for 20% and going to his bank for the entire loan? Take me through that train wreck. Please.

[@dlproductions9574]

It was a fantasy deal remember

[@flatpat2988]

Exactly! Anyone can make up a scenario that can solve their own problem

[@xrayguy1981]

Easier to get a business loan than a person loan. I’m sure it could be done, but since he’s a minor would need dad to help him.

[@Kennan_Davis]

Based on your comment alone I can tell you're a loser. How about a real life example that happens every day, like his dad being the "main investor" in the deal and putting down the 20%, and his son being a part of EVERY STEP of the process. See how easy it was to make this a very real example? Only a loser who clearly has never done business or investing successfully makes the comment you made

[@Brisket9392]

The fact the kid needs his phone to multiply 12x4 tells me he's not going to make it.

[@SimpleFinanzas]

Hahaha . Next>>>> he will teach him how to make a spaceship 🚀

[@timjfog5623]

I love Uncle G but seriously, how many times can he post this?!

[@JohnDoe-fs6lz]

It never gets old .

[@mrjeff9169]

TRUTH!

[@waltthayer3459]

He's always saying you can do this without using your own money, but then pulls his dad into it. He doesn't come clean with anything

[@codinggenesis4067]

Bro the kid is 14 god I hate people like you Jesus the man just gave you 1mil dollars worth of free game

[@jprealestategrouptx]

If he uses his dad's money how is that your own?

[@asiaroberson3442]

Hey 👋 Mr Grant condone

[@beeptree2362]

If 10x is asking = definitely

[@thehiergaming]

Don’t the renters pay for the electricity, water, gas……? Why is that included in your expenses as the investor? 🤔

[@alexsterckel2511]

It depends on what type of contract you offer to your renter. You can offer them water and electricity included but you can make them pay for that themselves. However if you let them pay themselves you need to lower the rent so that people still want to rent your place even though they need to pay for the utility.

[@unfollow5990]

WHAT DOES IT MEAN 4 UNIT DEAL PLS EXPLAIN ME

[@jprealestategrouptx]

4 units like each door. Ea ch apartment

[@manikantan402]

But this way will not work....market value of the land determines the price....not as calculations...

[@jprealestategrouptx]

Negative

[@bartholomewlyons]

…he lives in dream land. As if renting for 1k is guaranteed. You take a loan out and you lose money. And if you have 300-400k to invest and make 6% per annum, you are a lucky man. Scam artists at their best.

[@endtimesthoughts7114]

Curses! WILL FOREVER BE UPON YOUR HEAD ! AND YOUR VOICE ! FOREVER

[@thejacklife1808]

Only issue is you can’t get a loan 😂

[@SouthsideSTA]

LMAO! 😂

[@andrewgregoire3370]

is that cash down?

[@DareeusDMT]

At 10:30 does anyone know where he got the .07? (I’m curious)

[@gregstewart2201]

I think he just rounded up as a cushion for the suggested 5.5% interest. I could be wrong.

[@DareeusDMT]

@@gregstewart2201 thanks for your response

[@dailstancill720]

Great stuff gc!😎

[@dailstancill720]

Act Hungry vs commission breath ? Are they opposites or the same or not related? What say u GC? Btw ...into ..not first..last book.😁👍😎

[@dailstancill720]

Is there a audio of Sell to survive

[@LarryPanozzo]

Kid Learns Pre-Algebra

[@benjaminstanley680]

@grant cordone not how you buy Grant. Yes it does matter what you buy and negotiations matter at buy rate. You need to always stay at a current and future positive equity position. So many people are going to be in default positions due to high ticket sales consultants like you

[@Angelsoqui]

Why did he multiple the 350,000 by 7?

[@youssefhaitham6625]

what does 8 and 10 cap mean?

[@TokyoTaisu]

Cap rate

[@LiteralyRealRyanGosling]

Great video! I love how you include teenagers in your content instead of just shrugging them off.

[@NexusGuru]

why are you doing 20 thousand times 1.25 at 9:16 in the video

[@TokyoTaisu]

DSCR

[@ryanpagoria9622]

@@TokyoTaisu is it 1.25% ???? thanks

[@TokyoTaisu]

@@ryanpagoria9622 no DSCR is always expressed as a factor so 1.25x

[@ryanpagoria9622]

@@TokyoTaisu why tho 😢

[@TokyoTaisu]

@@ryanpagoria9622 good question. I’m watching England Slovakia with some wine. There’s investopedia best resource to learn more buddy.

[@tdaveniii]

Fantasy. You're not borrowing $50k on a $350k project at market interest rates. At minimum you're putting down $87,500. Sadly, as well, when rents go up, your expenses also increase. So much wrong with this example.

[@jprealestategrouptx]

Explain how your expenses go up when you don't do any value add and just bring the rents to market value. Lets say you invest 0 to bring the rents up?

[@rustyshackleford706]

I thought grant cardone partnered with Nation of Islam 🤲🏾

[@1776Based]

What is this system called?

[@crypticcomputing604]

Scamomatic

[@jprealestategrouptx]

how is your cryto doing? and how is investing in MF a scam?@@crypticcomputing604

[@jprealestategrouptx]

Cardone University

[@AimeeOsborne-i7n]

Where did he get 1.25 and .065 in the equations below? Is .065 the interest rate on the loan? $28800 divided by 1.25 = $23,040 ⟶ the max principal and interest this deal can handle is 25k worth of debt $25000 divided by .065 = $400k ⟶ this is the max amount that can be borrowed to fund this deal

[@blacklouky1736]

Good🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🌹🌹🌹🌹🌹💔💔💔💔💔

[@kkellya6139]

i don’t why but i don’t understand😞 i understood some parts

[@leohoracio821]

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

[@stevenmcelroy1551]

Hey Grant, what is your thoughts on raising rent 20% last year and raising rent an additional 78% this year?

[@АнатолийАлеев-р7э]

🍻🍻🍻🍻

[@NetanelColish]

tysm!

[@brooklynj2346]

Can’t trust grant, I mean look at the way he writes an 8

[@egm5278]

never seen something like that lmao

[@alexislecarb]

anyone gets where the 0.0625 comes from at 10:05? and the 0.07 at 10:30? (25 000/0,065 = 400K, considering 25 000 is the NOI?)

[@pamelaanncruz]

it is the interest, when you borrow money

[@alexislecarb]

@@pamelaanncruz which one? The 0.0625? Or the 0.07

[@aarolelliott4882]

I got way too lost in the numbers

[@ebensales3496]

Watch it again till you get it right.

[@derstoffausdemderjoghurtis]

@@ebensales3496 you are recommending self-torture

[@endtimesthoughts7114]

CURSES WILL FOREVER BE UPON YOUR HEAD AND YOUR VOICE FOREVER.

[@JohnDoe-fs6lz]

🙌🏻

[@roddymerritt]

You prey on startups and entrepreneurs!

[@Yourdad12345-j]

❤️❤️