Grant Cardone on Real Estate Investing

Grant Cardone sits down one on one with The Lifetime Cash Flow Through Real Estate Investing Podcast. Grant talks about his first real estate mistake, and what he will never do again. Finding real estate is a lot like finding a partner. A girl may look good but you'll need to find more out before committing. Grant shopped real estate in Houston for years but never bought . He later wished he had pulled the trigger but used the knowledge he gained to move forward in San Diego and buy his first building. Look at deals and educate yourself on financial statements. What are concessions, what is potential gross income? Grant always looks at worst case scenarios. Never look at performa, take the trailing 12 month income and expenses, assume an increase in taxes, and how low can your vacancy go before you lose money? Know every bad thing about a property. If you can deal with worst case scenarios, you don't need to have fear in a deal. All in all, multi-family real estate is one of the best investments you can make if you do it smartly. GrantCardone.com http://www.grantcardone.com

Comments

1. Who is doing the interview?
2. one of the videos I have seen in a while...I try to get info like this out on my channel too, take a look when you have a chance. Lots of stuff on Chicago real estate flipping
3. This guy is totally on point. I am actively involved in Chicago real estate and I could not find one ounce of bullshit coming out of his mouth. Nice job Grant.
4. 4000 multi family units? Fucking Jeez
5. You're the man Grant! Thanks for all the knowledge.
6. One of them sounds almost identical to skip bayless
7. Thank You!!
8. Grant how do you manage these buildings. Do you use a management co or do you do it yourself.
9. Hi Grant, I know you suggest not to buy a home to live in- rent instead but are there exceptions to this? The British government has a scheme where you can buy your first home with a 5% deposit (https://www.gov.uk/affordable-home-ownership-schemes/help-to-buy-mortgage-guarantee) would you recommend jumping on the opportunity?
10. Do not use non gaap accounting fantasy!!
    
    
    "When it comes to the stock market, there is no single greater observable divergence right now than that between GAAP and non-GAAP earnings. As the chart below shows, while on a non-GAAP basis earnings have been hurting in recent years, with the LTM EPS of the S&P has declined to 116.4, down from 118.1 as of December 31, 2014, the real surprise is in GAAP EPS, which are back down to 88, a level last seen in 2007 when the market was about 500 points lower.And, depending on whether one believes in adjusting EPS and giving companies the full credit of addbacks, pro forma numbers, and other various fudges, the P/E of the S&P as of this moment, is either 18x on a non-GAAP basis, or a ludicrous 23.7x if GAAP earnings are used. The reason for the use of this non-GAAP numbers is very simple: to create an illusion of corporate profitability where one does not exist, something which can be seen most vividly in the earnings, or rather loss numbers of Alcoa, easily the most chronic offender of non-GAAP adjustments, which has made a half a billion dollar loss into half a billion dollar profit."
11. Why does this only have 2000 views this is great info.
12. Alright buddy, you.... Alright buddy, you.... Alright buddy
    
    Awesome stuff lol
13. Unbelievable content in this!
14. #Value
15. Hey grant great video
    If buying complex apartments it's really good why people sell them ?
16. Gotta love The & Only Grant Cardone💪💪💪
17. Real estate investing and analysis should be your next book.
18. Awesome content! I'm in the trenches every week making offers on real estate and Grant gives some amazing golden nuggets here. Thanks G, I will be using your methods. Hope you don't mind!
19. "Don't be the highest bidder, be the only closer"
20. Thank u Uncle G! This should be mandatory viewing....outstanding!