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The Cardone Zone

508: Rehabbing for 40% Return

The Cardone Zone

Grant Cardone

Business, Careers

4.84.1K Ratings

🗓️ 7 May 2019

⏱️ 48 minutes

🧾️ Download transcript

Summary

Listen in on today's Real Estate Investing Show to learn the importance of using Grant's precise formula to successfully invest in real estate. You're going to run into a deal one day that will earn you millions of dollars, so educate yourself be ready for it!

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FOR OUR CURRENT REGULATION A OFFERING, NO SALE MAY BE MADE TO YOU IN THIS OFFERING IF THE AGGREGATE PURCHASE PRICE YOU PAY IS MORE THAN 10% OF THE GREATER OF YOUR ANNUAL INCOME OR NET WORTH. DIFFERENT RULES APPLY TO ACCREDITED INVESTORS AND NON-NATURAL PERSONS. BEFORE MAKING ANY REPRESENTATION THAT YOUR INVESTMENT DOES NOT EXCEED APPLICABLE THRESHOLDS, WE ENCOURAGE YOU TO REVIEW RULE 251(D)(2)(I)(C) OF REGULATION A. FOR GENERAL INFORMATION ON INVESTING, WE ENCOURAGE YOU TO REFER TO WWW.INVESTOR.GOV.
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Transcript

Click on a timestamp to play from that location

0:00.0

He has the magic touch when it comes to real estate.

0:04.0

Patterns of our society are being disrupted.

0:07.0

Over 400 million in Essex bought and sold.

0:12.0

Currently operating almost 4,000 units around the southeast.

0:16.0

Real estate investing made simple with Grant Cardone.

0:20.0

Hey, welcome Grant Cardone here and it's in the Cardone Zone

0:24.0

where we make real estate investing on Mondays only.

0:28.0

Simple and easy and attainable for all of you.

0:32.0

Whether you're starting with 2 units or 4 units, even though I frown on those because

0:36.0

the class face at 4 units just did not produce enough revenue for you to be in the deal.

0:42.0

But if you're going to start there, start there knowing you need to get out of that deal,

0:46.0

grab your money and move on to the next deal.

0:48.0

Today we're going to be talking about rehabbing your product.

0:51.0

Again, whether it's 2 units, 4 units, 8 units, 12 units,

0:55.0

32, 64 or let me see what I'm doing right now.

0:59.0

I'm just going to a little brag and I got 501 units under what?

1:05.0

Contract.

1:06.0

That's 140 million.

1:09.0

I started with one unit just to give everybody a lot of hope out there.

1:13.0

I have another deal, 456 units.

1:15.0

It's 100 million and another deal, well, runs not here.

1:20.0

I don't know why that dude didn't show up today but he didn't.

...

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