Real Estate Investing Made Simple: Passive Income

Real Estate Investing Made Simple :Passive Income—I talk about 3 types of income today. The 1%ers understand these. You want money that is indestructible, money that you earn while you sleep, and money that will outlive your body. To get there, you have 3 types of income possibilities: 1)Earned—the money you make at your job 2)Portfolio—stocks, bonds, mutual funds---paper that you exchanged with money earned from your job 3)Passive Real Estate would be passive, but make no mistake, it’s not completely passive unless you’re investing with me. Passive income is defined as “Earnings an individual derives from a ren​tal property, limited partnership or other enterprise in which he or she is not materially involved.” Passive means you are not involved, but most real estate investors have to be involved so it’s not as passive as it sounds. One thing you need to do is never hate on any income. Nobody goes anywhere without earned income first. If you can’t figure out how to increase #1, you’ll never have #3. Get my Millionaire Booklet for free and get started earning your wealth today at http://www.millionairebooklet.com/free To Learn more about growing your finances, get your FREE Millionaire Booklet here: http://millionairebooklet.com/free ---- ►Where to follow and listen to Uncle G: Instagram: https://www.instagram.com/grantcardone Facebook: https://www.facebook.com/grantcardonefan SnapChat:  https://www.snapchat.com/add/grantcardone. Twitter: https://twitter.com/GrantCardone Website: http://www.grantcardonetv.com Products: http://www.grantcardone.com Medium: https://medium.com/@grantcardone LinkedIn: https://www.linkedin.com/in/grantcardone/ iTunes: https://itunes.apple.com/us/podcast/cardone-zone/id825614458 ---- Thank you for watching this video—Please Share it. I like to read comments so please leave a comment and… ► Subscribe to My Channel: https://www.youtube.com/user/GrantCardone -- Grant Cardone is a New York Times bestselling author, the #1 sales trainer in the world, and an internationally renowned speaker on leadership, real estate investing, entrepreneurship, social media, and finance.  His 5 privately held companies have annual revenues exceeding $100 million. Forbes named Mr. Cardone #1 of the "25 Marketing Influencers to Watch in 2017". Grant’s straight-shooting viewpoints on the economy, the middle class, and business have made him a valuable resource for media seeking commentary and insights on real topics that matter. He regularly appears on Fox News, Fox Business, CNBC, and MSNBC, and writes for Forbes, Success Magazine, Business Insider, Entrepreneur.com, and the Huffington Post. He urges his followers and clients to make success their duty, responsibility, and obligation. He currently resides in South Florida with his wife and two daughters.

Comments

1. Hi Grant can you give me a small loan so I can by some passive income.
   My money is tied up in small unit rentals
2. Awesome show. Follow my business IG @Rubyserv and my personal IG at my name, BarrySchanz.
3. Thanks Mr. Grant Cardone and your Team. I get so much value from this show, I have bought your books and I love it. I will buy my multifamily complex, working on down payment.
4. Uncle G ,  can you talk about how the overall economy may affect   real estate? Thanks.
5. What did Grant mean when he said in some cases the debt on his deals are better than the apartments themselves?
6. Get a calculator . Your math is wrong
7. Hey Grant. I had a question about studying the Real Estate Market when planning to invest in it. I live out here in Phoenix. What are the some of the main parameters I should consider when investing in a market like Phoenix or others. From watching your previous videos I have noticed you mentioned barriers to entry as well as a quote that caught my attention but I did not understand it really well "beware when cranes are in the air". I see a lot of multifamily construction happening here in Phoenix recently. Should I beware. If you could elaborate more on these points it would be much appreciated.
   
   Your videos are awesome!!!
   
   Best Regards, Jose
8. Grant Cardone you are cool. All the "shows" on NBC or ABC or even HGTV are pure junk and don't teach you anything. You are reaching out a hand and pulling people up a couple tax brackets!!
9. Just skip 10:10
10. I like this guy. He's a professional shit talker and that is a great trait
11. LOL! 51:16 My weeny don't work, LOL! Grant Cardone could be a comedian if he wanted too!!!
12. Got my ticket Grant
13. Uncle G! Still haven't received my power jar for about 4-6 months now!!
    
    I love and respect you and your business , BUT I'd hate to blast all of social media AGAIN.
    
    I'm looking to get this resolved ASAP,
    call me immediately!
14. And soon people will know more about this. It's all about the guala guala $$$ man.
15. I love looking at the peoples comments that just hate how successful people can get when they work hard!! Get Off Your Ass People. GET MOTIVATED
16. Can you go over master lease agreements
17. GRANT JUST WANTS YOU TO BUY JUNK OFF HIS SCAMMY ASS WEBSITES.
18. SCAMMMMMMMMMMMMMMMMMERRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRRR
19. best real estate show ever!!!!
20. house flippers almost always put lipstick on a pig. Once you live there you find the illegal plumbing that's hidden in the wall.