How to Find Value Add without Spending Money
The Cardone Zone
Grant Cardone
4.8 • 4.1K Ratings
🗓️ 26 December 2019
⏱️ 40 minutes
🧾️ Download transcript
Summary
- Forced appreciation
- Organic appreciation
- Unrecognized appreciation
Transcript
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| 0:00.0 | Hey, what's going on? This is Jared Glanum, the president for Cardone Enterprises, and I want to thank you so much for listening to the Cardone Zone today, and I have a special message for you. |
| 0:09.0 | That's right. You may have heard about the upcoming 10X Growth Conference, but if you haven't, it's a three-day event that's happening in Las Vegas in February, the 21st, 22nd, and 23rd, where 12,000 entrepreneurs, business owners, and 10X people just like you, are coming from around the world to network, to learn, to connect, and engage with like-minded 10Xers. |
| 0:29.0 | Look, the reason that you want to come to this event is because this event will change your life. |
| 0:35.0 | Every year the 10X Growth Conference keeps getting better. The question is, will you be there? |
| 0:40.0 | Book your seat today at 10X GrowthCon.com. We have some amazing flash-hails right now at 10X GrowthCon.com. Go to 10X GrowthCon.com. |
| 0:48.0 | Today, in Book Your Ticket, we'll see you in Vegas. |
| 0:50.0 | He has the magic touch when it comes to real estate. Patterns of our society are being disrupted. |
| 0:57.0 | 1.2 billion billion in assets under management. Grand Cardone is changing the game of real estate. This is real estate investing. Made simple. |
| 1:10.0 | Get a game. |
| 1:12.0 | Hey, welcome to the real estate show. Cardone Zone. Every Monday I come to you to talk about your real estate. |
| 1:18.0 | How can you get started? How can you invest? And I take your call. You can call it in 305, 865, 8668, 305, 865, 8668. |
| 1:28.0 | You see how little push I did right there, Johnny? It was that perfect little thing. 305, 865, 8668. |
| 1:35.0 | And this, by the way, has a lot to do with the show today. This little thing I'm doing right here. |
| 1:40.0 | What is that? What is that little thing? It's called the value add. How do I add value? How do I touch a piece of property? |
| 1:48.0 | Fonigulate. Push it a little bit here. Push it a little bit there. Or how do I find something that adds value to the property? |
| 1:57.0 | Without adding value, all you'll be doing is collecting cash flow. Not a bad deal, by the way. |
| 2:02.0 | Not a bad deal. If you could just get the cash flow and not add value, good. You'd get the cash flow. |
| 2:09.0 | But what you want to do is you want to get both. There's no reason not to be greedy when it comes to real estate. |
| 2:14.0 | So in this show today, I'm going to be talking about how to add value. There's three basic ways to add value to your real estate deal. |
| 2:22.0 | And you should know that and have that figured out when you're buying it. You will have to figure that out when you're buying it. |
| 2:28.0 | And or when you're managing it, certainly to exit with appreciation. You will have to figure it out. There's three kinds of value add. |
| 2:35.0 | Number one is forced. This is where you do work. You forced appreciation. |
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