Grant Cardone: You Can Get Rich from Your Job, You’ll Only Get Wealthy by Investing (Part 3)
Part 2: https://www.youtube.com/watch?v=AWmFx9ZcMo8
Part 1: https://www.youtube.com/watch?v=6PHYe…
In this clip, Grant Cardone details what he looks for when he’s buying real estate, noting that he’s actually focused on the ‘cash flow’ that a property will generate aside from the appeal of the property itself. Additionally, he reflects on how after three years of research he put down $350K on a $1.9 million property that had 38 units, which he then sold three years later after making 10x the amount of his investment. Later on, he mentions that due to not over-leveraging his debt through loans he was able to maintain his fortune throughout the recession, while adding that the only way to obtain real wealth is through smart investing.