Due Diligence - Real Estate Investing with Grant Cardone

Due Diligence - Real Estate Investing with Grant Cardone. When you buy a property, what should you do first? You do your due diligence. What is due diligence? Reasonable steps taken by a person in order to satisfy a legal requirement, especially in buying or selling something. Due diligence gives you, the bank, and investors the confidence about whether you want to do the deal. That is the most important part of due diligence, the simple question of asking yourself “do I want to be in the deal?” 1.Do you want to be in the game? Whether office, single family home, or multi-family…what game do you want to be in? 2.Do you want to be in that deal? Getting more specific, do you want those tenants, that location, that building? Remember that you need a bank on your side. They are your partner. Grant takes 20 days usually with due diligence. What does he look at from the seller? Inspections, rent rolls, T12, rehab information, and income statements. There are 3 kinds of income statements. Real ones, fake ones, and mom and pop ones. The mom and pop statements end in all 0’s. Nothing ends in zero. Due diligence will find the real numbers. There is still time to get in on Grant’s latest deal. Go to ormondinvestment.com to learn more. GrantCardone.com http://www.grantcardone.com

Comments

1. do a show on taxes and studying your market pleeeeeeaaaaase
2. I've see numerous videos where Grant asks this dumbass if he did something and he says no...... I'm surprised he's still around.
3. Its public data dumbass!!! LMFAO!!!
4. hey Grant what's your opinion towards the raised of taxes on the middle class homebuyers by President Trump? Is it good/bad?
5. Also what is the rule of thumb for getting the correct property manager for a 16 or more building. I know I have asked this before in previous video but would love your feedback on it! I have also just purchased the book "The Book on Managing Rental Properties" by Brandon Turner but would love to hear your feedback?
6. I love GC. His energy simply from these videos rubs off on me to want to be just like him. THAT is powerful! Im learning much more than I could ever from college. Keep it up
7. Hey Grant Cardone, I'm wondering why anyone would ever sell these
   multi-family apartments when there's so much upside. Why would anyone in their right mind ever sell!?
8. 3 people don't want to get rich in real estate for those thumbs down. Grant, you're a monster.
9. Amazing. This guy keeps pumping out content. No other real estate guru like this. I've seen multiple guys and have a multi mill contract through a tech company that I can't wait to invest into my multi families. I looked at Manny Khoshbin and many of the other tycoons but this guy right here.... you overdeliver my friend and that's what it's about. King. You can literally take the information this guy provides and go build your portfolio in a year. Best teacher on this platform. You and Jay Morrison. No debating it. I'm sure you make over 20-30 mil in NOI every year and don't have to teach this stuff but for the fact that you take the time out of your day to share it. Much respect.
10. Hello everyone, I'm a virtual assistant looking for new clients.
11. Wow From the uncle that doesn't touch me... He truly changed my life at 25 years of age.. Don't know where I'd be without this knowledge.. Thank you Grant Cardone!
12. Thank you for all of this information Grant! You're Amazing!
13. Are you referring to the word "precarious"?
14. I love your programming. There's something to see every day! Keep it up!
15. now i gotta go back and take notes
16. damn then he ended it with a lesson on taxes - Trump Style!!
17. insouciant .. damn i had to work to figure out how to spell that one... thanks yet again Grant!!
    
    i was told i was nonchalant as a child, makes sense
18. "Insouciance" is the main word for this show! First time I ever heard of the word!
    
    Thanks Uncle G!
19. do you use a specific Rent to Price ratio?
20. still waiting on that underwriting training..