#426 Main Street Interview with Grant Cardone
Main Street Business
Mark J Kohler and Mat Sorensen
2.4 • 584 Ratings
🗓️ 17 April 2023
⏱️ 19 minutes
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| 0:00.0 | Tell me about what your opinion is on the dollar and why you like hard assets. |
| 0:03.6 | I don't think the dollar goes away. The banks are in trouble. Community banks are going to have a lot of trouble lending people money here going forward. What do I invest in? I don't want to lose my money. So I think every investor like you would agree, they got to come up with what fits your investment stuff. When you take your money and you put it in a bank, you are losing money. |
| 0:25.7 | All right, welcome everybody to another episode of the Main Street Business Podcast here with the infamous Grant Cardone. I love what he's doing to shake up the financial industry and |
| 0:30.8 | help educate business owners around the country. I was recently at his 10X event in Vegas. It was |
| 0:35.5 | phenomenal. His interviews were just life-changing. |
| 0:38.2 | We could talk about that all day long, but appreciate Grant being here. Now, for those that |
| 0:41.5 | don't know, Grant, quick introduction. Thanks, Grant for your patience. Grant, first and foremost, |
| 0:45.3 | he's a real estate investor. He managed a multi-unit, billion dollars. Now, four billion, I think |
| 0:49.9 | it is, Grant, right? In assets under management, 22 funds looking for 23. He had over 13,000 |
| 0:58.1 | investors in his funds. We're going to talk about that because that's not common. He's going |
| 1:01.8 | after the Main Street business owner. That's what I do, right? So for those of you that don't |
| 1:06.0 | know Grant, I really want you to listen in because not only is he out there changing lives, he's got a wealth of knowledge regarding real estate. You need to hear about it with all this bank crap and the dollar. So this is going to be good. Grant, thanks for being here. Hey, thank you so much for having me. I really appreciate it and value your audience in their time. And I love that setting that you're in. Scott Stale, one of the great future markets in America. |
| 1:28.7 | There's going to be a lot of pain over there for a second. |
| 1:30.9 | Yeah, in Arizona, both in the single family, but especially commercial real estate and even the large 300, 400-unate residential properties. |
| 1:42.0 | But it's going to create phenomenal opportunities. |
| 2:19.2 | Yeah, Phoenix has been up and down on the bubble like California over the years, and it's riding high. There's an adjustment coming, I feel you. But everybody, you got to see this right over my shoulder. I want, you know, many of you are used to me in the studio. I got a little mobile studio dad, and I said, I got to be up on top of Optima, one of the cool apartment buildings here in North Scottsdale. And this is Grant's building right here, number 22. Let's start there for a minute. Maybe just before we get into kind of the bigger financial concepts, can you tell us about how you find one of these deals like promenomenomeno? And there's about six markets that we shop in every day that we want to be invested in. And because I get to travel and work with business owners and do events around the country, anytime we're in town, we also |
| 2:24.4 | set up meetings to look at real estate. And we were out looking at apartments over there in |
| 2:29.3 | Kierlin, where you are right now. And we were looking at buying apartment complexes. And I heard |
| 2:34.1 | about the Optima shopping center. It just been sold. Yeah. where you are right now, and we were looking at buying apartment complexes, and I heard about |
| 2:34.5 | the Optima shopping center. It just been sold. It was $2058 million. An individual bought it |
| 2:44.0 | from a institution, and I said, so he bought all this? They said, no, no, they didn't buy this. |
| 2:49.8 | This is a big office complex right here. |
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