JF190: Using a Video LOI to Win a Deal that Netted $20M Profit

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 995 Ratings

🗓️ 11 March 2015

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

Today’s Best Ever guest shares with you the journey to go from nothing to a millionaire. He also tells you about the power of a video LOI and how that helped his beat out 38 other bidders to win a deal. Best Ever Tweet: Commit first then figure out the rest later. Grant Cardone’s real estate background: - New York Times bestselling author and has written four business books including The 10x Rule and If You’re Not First, You’re Last - Spent more than $280 million on real estate in last two years and plans to invest $1 billion by the end of the decade - Appeared on HGTV’s reality show “Selling LA” to market his $18 million LA home and has since moved to Miami, Florida Subscribe in iTunes and Stitcher so you don't miss an episode! Sponsored by Patch of Land - Could you do more deals if you had more money? Let the crowdfunding platform, Patch of Land, find investors for you and fund your next deal…and your next deal…and your next deal…and…well, just go find out more at www.PatchOfLand.com Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Did you know that within a decade women will hold $30 trillion in investable assets?
0:05.3	Yet somehow only 19% of women reported feeling confident in selecting investments that align
0:11.0	with their long-term goals. Our friends at Invest Her are out to change. that and it's happening June 2nd through the 4th in Austin, Texas.
0:23.7	InvestHircon is not just another real estate conference.
0:27.1	It's a transformational experience focused on real estate investing,
0:31.0	business strategies, and self-care tactics, all designed to help women take
0:35.5	control of their financial futures. Gain the knowledge and skills you need to grow
0:40.0	your portfolio and build a sustainable business all while connecting with over 500 women who are playing at the same level.
0:48.0	To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.
0:56.6	That's Invest Her, H-E-R-K-D-K-G-K-G-K-G-O-K-K-K-K-K-K-Kom, promo code 100 best ever to get $100 off your ticket.
1:05.0	Look around your neighborhood.
1:06.0	76% of all your friends, family members, neighbors, are living paycheck to paycheck.
1:11.4	The middle class is prison. Are you ready for the
1:14.8	best real estate investing advice ever? Join Joe Fairless and today's best ever
1:20.3	guess as they share it with you. It's the best ever advice with none of the
1:25.1	fluff. Let's go. My mom always said it's rude to keep people waiting.
1:30.9	Well best ever listeners. That's exactly what you're doing if you're
1:34.7	not funding your deals with our best ever sponsor, Patch of Land. Patch of Land is a crowdfunding
1:40.7	marketplace that matches up your deals with accredited and institutional investors
1:45.4	who want to invest in your deal.
1:47.4	Patch of Land literally has thousands of investors ready to fund your next deal.
1:52.0	You don't want to keep them waiting, do you? And guess what? It's a lightning quick process too. In fact, the average
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