back I started with no money I built a
4.4 billion dollar real estate portfolio
I'm going to show you guys how to make
one million dollars on your first deal
guarantee it
okay guarantee you
I will show you
I'm telling you guys I'm giving you a
lottery ticket today I'm going to show
you how to make one million dollars on
your first deal this deal right here
today this same deal is worth 20 we had
an offer for 20 million 450 000 dollars
I paid four million dollars for this
deal
okay Jared and I will end up with 16
million dollars of profit on one deal
you think that's too good to be true we
did that with almost no money okay
that's 16 million I'm going to show you
guys just cut that back say I'm
exaggerating say I'm full of
there's no way you're a big negative
skeptic let's say I can only do 1 16 of
what I just promised you
that's one million dollars for you okay
now you've got to know some things to do
this okay you got to know what you're
looking for what Market you're in I can
share all this with you okay let me know
when we're there all right guys okay
yeah uh and uh I've been doing this for
30 years I have 12 400 units I have
bought and sold over five billion
dollars worth of Real Estate
if you don't know who I am just look up
Grant Cardone and Cardone Capital you
look up the name Cardone Capital every
single deal that I've ever done is
sitting there you cannot lie about this
you can't cheat this the SEC knows about
my transactions the IRS knows about
every one of my transactions uh every
real estate report property event these
are
the thing I love about real estate dude
like they're tracked okay like you can't
lie about the real estate some guy could
say he's he did this or that but with
real estate there's an address okay if I
put an address in I need my computer by
the way I don't know why we didn't open
my computer up
uh
and then oh yeah those look so much
better look at that dude okay okay so so
um
today what I'm going to be doing today
uh is sharing with you how to take
no money
you do not need money for this
and if you guys are taking notes today
it's gonna be about 45 minutes long
maybe maybe 55 minutes long I'm gonna
freaking cram as much information sweet
spot as much information as I can okay
as much information as I can in in in in
in in 45 minutes with no money and no
credit and the reason the credit's not
necessary is because the asset
okay the asset you're buying is the
credit
okay so you should have a pin something
to write with 45 minutes
I'm going to show you how to make one
million dollars
on one deal
with no money no credit and to get an
asset that would actually give you net
worth okay you do not need a better
credit score to do this I I see you guys
spending three and five three hundred
four hundred five hundred three thousand
dollars to fix your credit score you do
not need to do that the thing that will
fix your credit score is assets
okay I started with no assets I started
with a college degree that did not
benefit me with what I'm gonna share
with you today was completely
unnecessary for me to go to college
and I started when I was 28 years old
about my first deal that first deal that
first Deal started me on my path to
becoming a
uh
uh you know I own four billion dollars
worth of real estate today we only owe
two billion dollars in the real estate
there's two billion dollars worth of
equity in our real estate and it cash
flows every single month okay now for
those of you
who do not want us like you got 45
minutes but you're like okay you're
going to cram 30 years into 45 minutes I
do want to tell you guys we will be
making you an offer today okay for those
of you who want to take advantage of
this offer because you're confident in
yourselves and your career and you want
to learn how to make a million dollars
on one deal that is the Promise by the
way you will make one million dollars
in on one deal your first deal or your
next deal will make you a million
dollars I took a guy named Ron Seco
ronseco had done uh 23 deals I made him
more money on one deal
than he had done on 23 deals for six
years I did one deal with him and he and
he became a Millionaire on one deal with
400 Grand and he had 400 Grand in those
other 23 deals and never made that much
money okay so real quick for those of
you who know you want to do something
more than 45 minutes
in a 30 days from right now I'm going to
be doing an online Interactive
two-day training where we're going to go
deep on this information okay I'm going
to literally give you that two-day event
okay this offer six So for anybody that
wants to take advantage of it okay this
is a twelve thousand dollar offer I'm
not going to go into it in depth right
now you get a 16 hour master class that
I did for a group of people we charge
ten thousand dollars I'm gonna give you
that okay I'm gonna give you a ten
thousand dollar 16 hour Master Class you
start today okay between now and 30 days
from now that's going to be your
training and then 30 days from now I'm
gonna do a two-day interactive live
experience where I'm literally going to
walk you through a workbook where's that
workbook Jared I'm going to walk you
through this workbook on how to find a
deal how to buy the deal how to fund the
deal the math the exact math why deal
works why it doesn't work how to
underwrite it all that I'll do that and
that's that takes two days just to tell
you the truth and I'm going to give you
our multi-family Field Guide which is
all the definitions I'm gonna do the
twelve thousand dollar offer for 297 for
those people that want to take advantage
of it it also comes with our real estate
book uh the workbook our day timer and a
cash flow hat where's my cash flow hat
at man I need my cash flow hat okay I
cannot do this without my cash flow hat
okay this is
the lifeblood of the real estate that I
purchase okay now for those of you who
want to jam this in as fast as possible
let's go how do they do this how do they
take advantage of this 297
yeah it's a 12 000 saving folks okay
Grant cardone.com wealth or they'll put
a link up up top Grant cardone.com just
take advantage of it the first hundred
people that take advantage of it I'll
get you a hat I'll get you a workbook
I'll get you the uh real estate book for
free and a little swag swag box over
there to remember uh that cash flow is
your Holy Grail this is what makes the
the real estate work okay now just
imagine this now I started with no money
and Johnny it looks a little dark back
here Johnny is it or is it just this
this screen okay so I started with no
money no money at all okay I I didn't
really know where I was going or what I
was doing I just knew I didn't want to
invest in the stock market
uh I didn't want to invest in uh I was
working my ass off every day like most
you guys out there if you've been
working your ass off every single day
for the last five years put yes in the
in in the chat okay they got a chat
right Johnny
throw it in now I'm working my ass off
working my ass off
wmao
wmao if you've been working your ass off
okay well I've been working since I was
17 years old until 28
just busting my ass every day okay and I
had not created any net worth it was not
until I bought my first real estate deal
in 1980 I think that deal was what Jared
88
80 what was that first deal the
Sheffield deal huh
yeah yeah the night in 1988 I'm 30 years
uh no no I'm 28 years old so it's
1981. it's my first deal my second deal
would be the same year and in two deals
I created more net worth than two deals
okay than I had in my entire life in
fact if you look at this graph I'm gonna
show you a graph right now this is from
1982. I'm 24 years old at that time
selling salesman working different jobs
a lot of hustles my net worth from 1982.
to 1988 okay does very little
I'm worth a couple hundred grand by that
time now that was six years now notice
what happens when I start buying real
estate from 1988 to 1991 in three years
I go from being worth almost nothing a
couple hundred grand
to being worth seven million dollars
okay how many of you here back to me
Johnny how many of you here you working
your ass off 1982 1982 to 1991. what is
that uh nine years
my net worth was Zero
okay all I was doing was getting good at
my job just because you get good at your
job just because you make more money
does not mean you have net worth I know
plenty of people that work their ass off
super talented make a lot of money and
they don't have any net worth okay
it's just a
you know
I don't need all that
okay so so it's just very it's a big
distraction okay I got people coming
here doing all kind of stuff putting out
posters and stuff if you guys could see
behind the scenes I mean that is a show
by itself okay how y'all like the belt
by the way Honda belt is a rocket okay
uh if you got any questions about that
by the way there's a phone number
31077025
5 is that phone up yeah Oh I thought
y'all had a difference yeah thank you
yeah
310-77-0255 anybody's got a question you
having trouble uh getting on can't see
something can't hear something three one
oh seven seven oh two five five okay
where am I at right now how can a guy
spend 10 years working his ass off and
be worth nothing and then in two deals
I'm sorry three Deals
create seven million dollars worth of
net worth that's what I'm gonna show you
today okay you want to write this down
you cannot create net worth working it's
impossible wealth is not created with
work wealth is created with assets okay
for you to create true wealth in your
life you must start collecting Assets
Now what kind of assets do you want to
collect if if you work on Wall Street or
you know let's say you're my kids my
kids my kids will be millionaires by the
time they're 18.
but if you came up the way I did your
mom and dad don't have any money and you
don't have any connections and you don't
have any dough and you don't have any
credit and you can barely get a good job
you can't go get on Wall Street you
can't you don't start with any money
right you're not The Waltons The Waltons
kids are the top five richest people in
America today
they started with billions okay most of
us here do not start with billions so
how do you collect assets when you don't
have money I don't have any real money
and I don't have any credit okay and I
don't have any connections
this is what I proved on undercover
billionaire okay oh well I'm gonna go
I'm gonna go buy some real estate okay
and and and Discovery Channel was like
no real estate real estate man real
estate's not a business I'm like real
estate is a business that cash flows
from day one by the way it's already
existing it's already there it already
has tenants and ra has income now I'm
going to show you guys exactly today
hold me responsible for This Promise one
million dollars on your first deal I'm
not talking about making 30 or 40 Grand
on a on a flip I'm not talking about you
know I'm a buy house fix it up sell it
make 100 Grand I'm talking about one
deal
that will make you one million dollars
in a very short period of time
with no credit no cash
and no connections okay you don't need
to be involved in a country club you
don't even need to leave where you are
right now I'll show you the exact math
how to do it so let's get busy they
should have something uh do they have
this
do they see this okay so I'm gonna show
you guys this is what happened for me in
the first three years okay I'm gonna
show you Johnny bring them to the graph
this is my real estate graph this is my
actually this is better to call this a
net worth graph okay I I spend literally
82 to 88 six years nothing's changing in
my life I'm worth a couple hundred grand
busting my ass okay I mean busting my
ass I had five years I had a half of my
net worth was in credit card debt and
the other half half was in college debt
that wasn't even on here this is just
about total assets now notice from 1988
to 1991 in only three years
okay
so you see again that should even be
tighter right in only three years dude
I've become worth seven million dollars
okay do I have your full attention
put yes in the chat
if I have your full attention Okay now
watch this you can't fake this stuff
okay I can document all this here here I
am I'm going to extend the timeout show
it to me a little bigger Johnny because
I'm having trouble seeing it
1991 to 1994
okay notice half of my time this is a
period of what uh 85 90 10 years it's a
period of only 10 years
would you give me your full attention if
I could show you how to accumulate 38
million dollars worth of net worth in 10
years
do I have your attention Okay you work
you're you're an assistant right now
you're a nurse you're you're a doctor
yeah put down put in the chat what you
do for a living right now plumber
contractor masseuse
put it put in the put in what what you
did when it starts coming is there a
little bit of a delay as soon as it
starts coming I'll let you know
construction worker
okay
Cairo Dental
student
marketing
teacher teacher nurse police Insurance
okay real estate broker software you
guys could be police officer yeah you
guys could be real estate brokers for
the rest of your life and never ever
create a net worth you know that right
teachers
you have no chance of creating net worth
because you're not collecting assets all
you're doing is helping kids
the parents don't like you the kids
don't like you the principal don't like
you nobody pays you enough you're stunt
man all you're going to do is end up
with a bunch of broken bones you're not
going to end up with any Fame and you're
going to end up with no assets and
probably no ass okay now this is my real
estate graph over 30 years
again this is documented addresses
properties everything this is just my
real estate portfolio Okay I go from
bringing them being a a broke kid from
1983 to 2002
I thought I was doing good in 2002 and
then all of a sudden these assets
explode so let me show you how I did
this okay first of all you want to get a
pen and piece of paper and let me tell
you why you want to do this and why you
want to do this right now okay number
one there's a major real estate
correction in place right now it's
to be the biggest real estate correction
in my lifetime
and it's happening right now Warren
Buffett recently said the reason they
don't buy real estate is because real
estate for most most of the of time for
hundreds of years in America real estate
is properly valued and he looks for
assets that are not properly valued or
something they're stressed they're a
problematic and he says the reason real
estate they have not been able to
accumulate real estate uh at Berkshire
is because there's only one thing that
causes real estate to be incorrectly
valuated or valued and that one thing is
financial problems crisis a crisis a
debt crisis or banking crisis it
happened in 1996 that's when I started
buying real estate it happened again in
2008 I bought a bunch of real estate and
it's going to happen right now so we
have a correction that is completely
underway and it's happening right now
two the second reason you want to be in
real estate is because it's time tested
okay it's been around for thousands and
thousands of years real estate is is
valuable or more valuable than gold the
reason I like real estate more than gold
or silver or hard products or
Commodities is because it provides me
with cash flow not just a a real product
okay three it builds net worth
you know this about your home your
personal home can build net worth okay
your your parents bought a house for
twenty eight thousand dollars thirty
years ago house is worth four or five
hundred grand a day and it's paid for
that Bill's net worth number four major
reason major reason that you want to do
this is the tax benefits okay most of
you don't understand the tax benefits
taxes represent 40 percent of all your
expenses at least
some of you guys that live in
Connecticut New York New Jersey Illinois
California dude your tax bill is in the
60 percent you don't even know it
unemployed employment taxes Social
Security benefits uh property taxes
sales taxes car taxes
um
okay number five passive income okay
passive income now Bitcoin does not
offer passive income stocks do not offer
passive income uh five-year treasury
bills don't offer passive income cash at
the bank doesn't offer passive income
work does not offer a passive income you
need passive income Warren Buffett said
if you don't learn how to make money
while you sleep you will spend your
entire life working for money you can't
keep
did y'all know the whole the whole
saying right there that's what it is
number six okay number six inflation
hedge
and we about to go through some people
believe that we're going to go into
hyperinflation in this country because
we keep printing money it's probably
it's probably five to ten years from now
but if we go into hyperinflation if
you've ever lived in countries like
Venezuela Argentina go to Greece look at
what happened in Greece 15 years ago
Dude they were literally burning their
money in the streets okay they were
literally using it for firewood okay
number six
uh number seven I'm sorry number seven
refinance I know I'm going fast guys
okay I know I'm going fast if you guys
want to take advantage of a unbelievable
offer I made over here go get it okay
because it's stupid okay it's literally
ridiculous I'm gonna give you my deal
tracking the real estate coaching calls
no no no no I gotta hold that coaching
call off okay uh real estate master
class is a ten thousand dollar class and
I'm gonna give you that uh and I'm gonna
give you uh our multi-family Field Guide
and what what's the other thing I
promise everybody the workbook yep and
I'm gonna give you a two day a two-day
interactive Workshop 30 days from now
but what I want you to study between now
and 30 days from now is this 16 hour
master class right here okay oops I
don't want to pull that down okay uh 16
hours it's exclusive you can't get any
other place I'm gonna give that to you
to start today and in 30 days I'm gonna
spend two days with you okay now number
eight
the reason I love real estate so much is
I can use very little money to do these
deals
I got I've done deals with no money at
all I've done deals with a little bit of
money raise the rest from friends and
family okay and then pulled all the
money out
paid everybody back and kept the deal
I'll show you how to do that today
number nine number nine I believe it is
the single best asset class in the world
because of all these different benefits
the cash flow the asset value uh it
fights inflation it doesn't depreciate
but I get to write it off though it like
it depreciates but I actually get to
wait for it to appreciate and number 10
leverage okay and Leverage is everything
in wealth creation okay again you guys
are taking notes I know I'm talking fast
I'm trying to buzz through this
I got 45 minutes with you so I gotta
blow okay leverage what is leverage okay
Leverage is this
I find this deal it's four million
dollars
that's the kind of deals I want you guys
looking for by the way actually it was
five million dollars
I bought it for four million
okay we put four hundred thousand
dollars down
you're like uh where do I get the 400
Grand from I actually raised this money
okay Jared gave me 150 Grand and I got
250 from a banker I said would you lend
me 250 to buy this deal literally none
of none of this is my money we we would
literally refinance this deal refinance
I brought that word up a few minutes ago
we refinanced this deal less than
yeah six or eight months or something
maybe six or eight months it was less
than 12 months later 13 months later we
refinanced the deal for six million
dollars
okay
you're like man dude I do that deal too
would you would you have the confidence
to do do the deal because the number one
reason people don't do real estate deals
put in the chat if you know the number
one reason people don't do real estate
throw it in the chat right now I'm gonna
pay a hundred bucks for the first person
who gets the answer right there's one
reason you guys don't do real estate
deals
one major reason okay most people do not
know this
I'm going to write it down right here
first person that first person that says
this word Jared don't don't call them uh
first person says that word right okay
okay so see I knew this deal I knew this
deal would do this scared fear wrong
nobody's got it yet oh there it is
Danielle Danielle you get it Daniel does
she work here Danielle got lack of
Danielle lack of confidence you don't
have the confidence somebody grabbed
that you're like oh I knew it was going
to make the deal I knew it was going to
make I knew it was going to make money
yeah but you didn't pull the trigger you
know why because you didn't have
confidence it's not because you didn't
have the money it's not because you
didn't have the debt it's because you
didn't have the damn confidence okay so
this deal we refinanced it I pulled six
million dollars out I owed four million
okay Jared and I split two million
dollars up and I paid back my investors
I did this in 13 months I made one
million you made what 800 uh now you
made 10 he made it it was like 1990
Grand he got his 200 he got his 90 000
or his 150 go right back plus he got a
couple hundred grand I got the other
eight hundred thousand and my money back
we literally had no money in the deal
plus two million dollars and let me just
explain to you Jared how much taxes did
you pay on that two million zero zero no
taxes he didn't pay any taxes back to me
he didn't pay any taxes I didn't pay any
taxes and that was eight years ago we
still own the asset okay this same asset
that we put no money down okay today
that asset is worth 16 million dollars
easily and probably closer to 20 million
when the market recovers because we're
in a correction right now
okay now you're like okay great what's
that got to do with me first you got to
understand the specific very narrow
asset class that we're looking for okay
I'm going to show you why why this asset
class and why now okay because there's
six ways to make money on these deals
there's six different ways to make money
on a deal you do not want one way to
make money on a deal you want a bunch of
different exit Warren Buffett a guy that
I've studied for 30 years he says never
buy something you can write this down
might be worth remember never buy
something if there's only one way to
make money in that one way is to sell
the asset
listen to me never buy something where
the only way to make the money is to
sell the asset that's what's wrong with
baseball cards
that's what what's wrong with you guys
shopping antiques or hey man or even art
okay okay I get a piece of art I gotta
wait 30 years or a piece of gold I'm
gonna get a piece of gold and I'll wait
30 years
and then wow uh and then and then I get
uh uh I gotta sell it to get my money
okay it's crazy what you guys are doing
what you don't want to do write this
down okay get a pin get a piece of paper
take these notes six ways to make money
okay in in real estate okay number one
is cash flow
money in the mailbox money in the
mailbox now I'm looking for ideally six
to twelve percent cash flow depending on
the market if I'm in Illinois
Kansas City
uh some like tertiary Market Midwest I'm
looking Midwest Missouri Kansas City St
Louis Nebraska Peoria Illinois Nebraska
Omaha uh unless you've got some big job
migration going in okay I'm probably
looking for six to 12 percent cash flow
ultimately I'm looking for a 15 to a 20
percent what's called an irr
okay again I can explain all these terms
they're in our multi-family uh Field
Guide Field Guide they go through all
these different terms of what what's
cash flow what's internal rate of return
do you guys know and you could write
this down do you know that if you could
earn five percent on your money five
percent or any skill let's say I let's
say I want to get better at something
five percent a year
or let's say I add five percent
uh muscle growth every year I was
watching the new Arnold movie oh yeah
it's freaking awesome okay I mean it's
not awesome but it's worth watching and
and let's say I wanted to add five
percent net worth every year to my net
worth
I would double
in 15 years
okay
if I make five percent a year
and then compound that and do that again
the next year on that and then again
every 15 years I doubled now if I can
hit 15 percent
okay if I can hit 15 I double every
seven years or less
means I could double my net worth I
could double my assets I could double
the my customer base I could double
whatever it is I'm doubling if I earned
I'm sorry 10 if I do 10 a year just 10
percent a year
on my net worth okay then I would double
my net worth I would double I would get
hit a double every seven years that's
why I love real estate so much okay all
right so now number two reason you want
to be in real estate is because over
long periods of time nobody can deny
real estate appreciates
just can't fight it man okay doubled
every what do you say every 10 years for
the last 50 years in Florida in the
State of Florida okay the the asset
class that I buy is is referred to as
multi-family
it's not office it's not industrial it's
not retail it's multi-family okay every
10 years in the state of Florida
real estate values have doubled
okay I'm like okay okay I get paid cash
flow and it's going to go up in value
now it can stay flat for periods of time
it can even pull down okay some of it's
pulling down right now but over 10-year
periods typically we get a double
uh in markets where you have positive
job growth
again I'm going to jam as much as I can
and today give you guys as much as
possible by the way I just want to thank
everybody for showing up 81 000 people
registered for this event really
appreciate you guys spending time with
me on a on a uh Saturday Saturday and
and I'm going to give as much
information as I can to you I can tell
you right now I said I was going to give
you 45 minutes I'm going to give you if
I can go another you know maybe you guys
we can just stretch it out give people
more information and take q a here at
the end I will okay I'll give you as
much as I can today whether you guys
want to do something with me long term
or really dig into this or go deep I'm
begging you whether you do that or not
learn this game okay this game is going
to set your family free
it's going to allow you and your family
to have assets when you can't produce
anymore
my dad died when I was 10 years old okay
the day he died he died on a Thursday on
Monday there was no more income for the
family when you die your income stops
Okay so
I don't I don't know that when I was 10
years old I made a decision that I got
to figure out how to do something
different than what my dad did but I do
know looking back now I realized I got
to do something different for my family
and so do you if something happens to
you right now
or if I die right now my income stops my
earned income stops okay but my family
will be taken care of because I have 12
000 units
12 000 units 12 440 units
and the average rents two thousand
dollars a month
and I started with no money just
understand I started with no money no
credit
you guys know how big a deal that is let
me just see if a 12 440 units times
12 440 units times two thousand bucks
I'm not bragging right now I'm just
telling you
that's 298 million
of gross income potential a year gross
income okay and then you can multiply
that times 1.05
and that's another 3 31 million
that's another 31 million three hundred
forty eight thousand dollars guess what
that's for this is called other income
okay do you understand this right here
other income makes more money than my
first three businesses made other income
is
credit uh uh uh applications valet Trash
valet trash dog fees dog fees late fees
31 million dollars okay so I'm just
begging you guys the reason I'm sharing
this with you today
for the tens of thousands of people that
are in here right now the reason I'm
doing this today if anybody's wondering
why is he doing this on a Saturday I am
telling you I'm pleading with you
Fiat cash
this is garbage okay this is garbage and
you guys know it's garbage
simply working your ass off okay no
matter how talented you get they will
only pay you so much we are in an
inflation error that is going to gobble
and kill you if you don't own assets
okay and they're going to continue to
raise taxes they're going to continue to
print money right Jared okay what are
you looking at I'm just I'm looking at
looking at what people are talking okay
and if you guys don't get in these
assets okay no matter what you do you
can pay all your credit off you you
could pay all your debt off if you want
to okay you can you can go hustle a side
job you're not going to get rich doing
any of this you need assets and
these assets
check this out okay let's let's say this
year
I'll just tell you inside inside last
month I was paid last year I was paid 19
million dollars in cash flow
free cash flow this is what I'm telling
you number three
this is not my work this is not us
selling books and audio programs and
links and speaking fees when I get down
here down flying to Tampa a group's
paying me about four hundred thousand
dollars to talk to them for one hour
okay that's earned income half of that
will be taxed by the by the IR and the S
Joe Biden and his cronies are going to
take half of my damn speaking fee today
there's no tax deferment but last year
okay now that's 400 Grand on 400 Grand
the government is going to take one half
okay if that pisses you off put pissed
off in the comments because it pisses me
off I'ma leave my family go to another
location
share with the audience help a bunch of
people they're going to pay me four
hundred thousand dollars to talk for an
hour it's crazy that anybody would do
this and Uncle Sam's going to take half
of it which is even crazier
now
the same guy earned 19 million dollars
in free cash flow last year
let me be sure that number's right
I don't want to lie I'm sorry
19 million two hundred thousand okay
and my tax bill was Zero
now how can that be that I can earn 19
million dollars one way I didn't even do
anything it's passive and the other one
I paid more taxes on four hundred
thousand than I paid on 19 million
Johnny do I have your full attention
okay are you guys pissed off about this
number five and that's why the rich keep
getting richer by the way folks the rich
keep getting richer because they know
how to have not have earned income okay
all right uh number three I have did I
do this one number three yeah number
three is uh what what was the number
three depreciation oh depreciation
see because I didn't tell you the full
truth on that on this on this on this 19
million two hundred thousand dollars of
income that I got last year and you're
like man good for you grant how do I do
it I'm gonna show you how to do it the
way to do it is to find deals that will
make you one million dollars I'll show
you the whole deal right now I'm trying
to show you what asset class you're
looking for they need to hit these six
criteria otherwise you're going to be
like I don't want to do that deal okay
number five or number uh number three
depreciation did I miss depreciation you
you just wrote it down but you need to
you need to tell them about it oh yeah
okay okay
yeah depreciation oh yeah I got ahead of
you guys okay okay got it okay so the
the income of the 19 million which is
considered passive income
not only did I not pay any taxes
on that I also got a refund
and the reason I got a refund I mean if
you guys were already upset not only did
I not pay taxes but I got money back
from the IRS because when I bought these
assets when I buy big assets and when
you buy your big asset let's say you go
find a five million dollar asset that
you put no money down you're going to
probably build a write-off two million
dollars called depreciation that two
million dollars goes out into the future
unlimited periods of time until you
write it off against this earned passive
income I'll explain all this to you
later okay number five reason you want
to do it is because you want to
refinance your deals
number five
uh number uh number four right here tax
deferment okay I just talked about tax
defer okay I don't have to pay tax on
some of this stuff refinance I get the
refinance and get my money out so every
seven about seven to ten years what we
do is we'll take a deal
um
I'll show you a deal I did right here
there's a map this is a big deal
this is a whack deal okay
I put 15 million dollars down on this
deal this was 2012 we were going through
a big correction like the correction
we're going through right now
okay this is what my finance was this is
what my cash was you're like dude 15
million put 15 million in one deal yeah
I tell you what I did I had a house it
had a bunch of equity and that took all
the equity out of the house which was
about 12 million dollars I'd accumulated
for about 25 years okay in this house
took the 12 million but I was still
short three I sold my house got my 12
million and then raised the other three
million dollars we financed 43 million
dollars that property today is worth 258
million dollars
I have taken out all the money all the
money I got all this money back paid
back all the investors paid back my
brother paid back my sister paid back
myself got all my money back plus I got
I financed a hundred and eight million
dollars I owed 43.
I owed 43 paid off that loan paid off
the loan paid off the investors and
walked away with 65 million dollars in
cash guess how much taxes I paid on the
65 million
zero none
okay okay now you want to get really
belligerent
I took the 65 million dollars and went
and bought a damn plane with it and
wrote that off
it's it's wrong okay now the other thing
I would like about real estate is if I
wanted to sell that real estate today
uh how much money do I have in it oh I
owe 108.
so if I wanted to sell that piece of
real estate today guess what I would get
a check for 150 million dollars
of which I could take in exchange into
another deal called a 1031 and guess how
much taxes I pay on that zero zero
okay none and that 150 million dollars
would buy 450 million dollars worth of
assets
and that 150 million dollars or three
Jets huh or three Jets yeah I don't need
more Jets okay it would buy a half a
billion dollar piece of real estate see
I know becoming a billionaire is a real
thing anybody that did exactly what I
did would become a billionaire too you
don't have to work on your talents or
your education you need to work on your
assets
all you ladies working on your assets oh
yes yeah you need to add the E.T to your
ass okay
okay because when your ass falls your
assets won't
okay 150 million dollars would buy a
half a billion dollars worth of real
estate and pay me
is that good
yeah 150 million
should pay me
9 million dollars a year
in passive income okay what is that 800
Grand a month
how many of you can live like that
okay do I have your full attention
that's all I tried to do here in the
first few minutes
okay you guys think this is a flipper
class or a wholesale class or subject to
class okay get out of your way okay get
out of your way this is different what
I'm going to show you here is different
but I need your full attention if you
want to become a millionaire on one deal
you have to pay complete attention to
what I'm gonna roll through here in the
next 60 minutes
I've given you reasons why you want to
do this okay I'm going to show you deals
that you can go back and actually look
at okay is this real is this guy scam is
this I'm skeptical I bought out this
it didn't work or I tried
somebody's program and it didn't happen
guys everything I am about to tell you
is registered it's in a log somewhere
it's in a book it's in a City Records
County records City Records government
records State records IRS records SEC
records like anybody that says Grant
Cardone is a scam or he's doing this
dude I'm telling you everything I've
ever done there is a record of it okay
now
those of you out there that are trying
to do stuff with other people if they
can't show you the address don't do the
deal okay go to 11 let me see if I can
remember this address 11 13 or is it 11
17 Sheffield I feel like it's 11 17.
11 13 or 11 17. my first deal Bel Air
Texas
was it 11 17
it was a two bedroom one huh eleven
Seventeen yeah eleven Seventeen so so
Johnny Are you able to show my computer
are you guys hooked up for that okay so
look I'm just going to show you guys
when I tell you something you have the
right if I told you I had 419 million
dollars of cash in my account today
the moment I say that you should say
show me the money and I'll be like okay
I said it I should show it
you shouldn't trust anybody
you guys you guys should quit trusting
people or you could trust them but just
trust them to
show you
just Justice I got me a new Rolex show
it to me okay and he says I bought me
some new guccis let me see them okay oh
I got a new car where's it at okay I
bought a house what's the address like
it's simple man you guys wouldn't get
scammed if you would simply ask the next
questions if they won't answer the
questions then say hey I got it I got
something for you
adios that's my buy sign okay all right
see this house right here three bedrooms
two baths 1800 square feet it was sold
on 11 30 22. okay
it says it was sold for 585 000 as a z
estimate no no pending sale for at
listing price of 599. 599 yeah they
didn't okay that's in 2022. this is a
tear down by the way
this house is a complete tear down I
know because I owned it now I'm going
through my I'm going through this Johnny
just I just want to show you guys this
is why I love real estate so much
because you can't scam people in real
estate this must have sold last year uh
yeah that uh that's right God I was just
over there interesting okay
uh uh yeah there was a pending sale for
5.99 okay now watch public history you
guys see the public history right here
I'm going to show more
that's why I said there's public records
I'm gonna show you guys how to do all
this this is completely free you don't
need to spend any money to have access
to this okay 2018 2017 2015 14 13 12.
nothing's happening okay
and let's see two thousand oh it only
goes back to two thousand
when did it sell I might have to pull up
another another
yeah I think that's just what the taxes
what taxes were paid the assessment
based on the tax assessment yeah
the price history uh
uh this is where the price is just goes
back to 10 22. yeah it doesn't go back
far enough for when I bought it
so this is my first deal okay
I can pull up probably not Zillow but
what's the other one called uh
realtor yeah try a realtor it'll pull it
up Jared okay I bought this deal for
seventy eight thousand dollars what did
it just sell for
five just call 590. 600. we'll just call
it 600 remember it sold for six hundred
thousand dollars
okay that that's what it just so far I
didn't know it just sold recently I'm
just doing this in in this 1986 about my
first piece of real estate and I put 3
750 down to buy the deal
now now don't don't don't think about
this yet who thinks this is a good deal
right here two bedrooms
what did I pay for okay put in the chat
below how much did I pay for that house
1117 Sheffield the records will
prove
we'll prove
I'm looking for the chat what did I pay
for this property
and and by the way I overpaid for it
I'll just tell you right now
three thousand dollars yes ER you're
right I paid three thousand seven
hundred fifty dollars I did not pay this
for it I paid that for it my down
payment is my payment
okay I put the 3 750 on a credit card
I'm like bang okay I put it on the
credit card they added three percent it
was like nine hundred nine ninety
dollars or something okay because that's
the only place I could get the money
from right so I put this down I financed
seven thousand five hundred dollars
seventy five uh uh seventy five thousand
dollars and guess what happened my
credit score went up
literally my credit score went up when I
got approved for it why because I had an
asset and they lent me the deal on based
on the asset now if you're a vet this
even gets easier
VA loan gets even easier for you guys
okay now the payment on this deal was
375 dollars a month and I think I was
renting it for 5.75.
I'm making 200 a month times twelve
I make it twenty four hundred dollars a
year
on a thirty seven hundred dollar uh
payment okay now the neighbor right now
remember this house if they bought that
for 600 Grand if that recently sold for
600 Grand says the neighbor comp right
next door to this property if I went in
here live right now can you go back to
me Johnny
yeah see that house right there this is
why I love real estate because I don't
have to even go anyplace to shop it see
that house right there that's right next
door to 1117 Sheffield guess where that
house is worth
over 1.1 million dollars okay and it'll
rent for probably five thousand dollars
a month you don't have enough home
rentals in that Marketplace okay so
that's the next door okay I can look at
the whole neighborhood right here oh oh
Sheffield so you can't fake this
okay across the street a million one
across the street million four across
the street million five you see the
whole street I think I was just on the
wrong side okay because they did they're
doing the other side they're getting
ready to tear this one down guess what
they're going to do with mine
tear down now now what's the biggest
mistake I made when I sold that house
like a year later
shouldn't have if I'd have kept that
house
watch this those rents on that house
what does it say to rent to own that
house right now Jerry the the remodeled
house yeah 6 500. no no no no no no no
no no not no no no no no what is the
rent
oh yeah the Sheffield house or the
remodel the rents today on Sheffield man
what about man yeah 2 900 no no three
thousand bucks is what it says
on on Sheffield yeah yeah okay the rinse
today
those rents were 5.95 those rents today
that this was
1988 yeah it was 30 years old okay those
rents today are three thousand dollars
times 12. 36 000
okay even after all the expenses and
everything I'm still going to end up
with like 32 Grand a year let's say 30
000 a year
okay I I that that's how many years ago
1998 19 let me see 88 what year are we
in 23 23 years plus 13 uh 12 years 30
years
the dude this thing's making 30 grand 30
000 a year and I put three thousand
dollars on I'm literally making 10x on
my money okay if I'd have bought 10 of
these rather than selling it I didn't
know what I was doing I got scared okay
I wanted to make a little money if I had
about 10 of these just imagine over the
next 10 years I bought it with no money
do it again
but no no money do it again and again
and again okay if I'd have done 10 of
these today I would be worth I'd have
three hundred thousand dollars coming in
and let's say the properties are worth
600 Grand each
600 that oops six hundred thousand
dollars each I'd be worth six million
dollars is that right yeah I'd be worth
six million dollars
and have literally no money in okay my
net worth would be worth six million and
I would have three hundred thousand
dollars coming in every year of passive
income that's twenty five thousand
dollars a month that's more than most
people make a month in a year
that was my first deal now the question
is can you do it again okay my second
deal right down the street the address
is 5422 braver
Texas
same neighborhood
this is why you guys should start where
you live
okay I can show you how to do this guys
this is a no-brainer man I'm telling you
people like why is he doing this on a
Saturday because I'm telling you I'm
telling you you'll change your family's
life
doing this I wish somebody had taught me
this okay 5422 this realtor.com I went
to a different website this time see the
house I lived there
okay I paid
if my memory serves me right I paid
ninety two thousand five hundred dollars
for this house
with no money
did not put one penny down okay I did
this 20 days after I bought the first
one
okay I would later sell the house it was
a mistake by the way it was a dumb dumb
mistake okay it's only been sold twice
in 22 years how do you know something's
good because nobody wants to get rid of
it okay the entire Street has three and
four million dollar homes today now
let's see when the when the last time
this pig sold
three bedroom two bath 1800 square feet
estimated value today of that tear down
that's a tear down that's a piece of
junk right there tear down
1.7 what 1.71
1.7 million dollars today sheesh okay
let's see what the rent is on this
little beast
uh rent
yeah 1.8 million this isn't a bad Market
by the way
they're around it lasts sold by the way
in 2014 for 8.50 the rent uh 5422
Braeburn
77 7 600 the rent on this Beast I paid 9
200 is seven thousand dollars a month
how much
76. 7 600 a month
7 600 times 12.
91 000
200 a year
in income
you guys understand what that number
represents that means the entire price
that I paid for it I would get in rental
income today in one year
okay times 10 times 10 years 10 years
that that one deal would make me a
million dollars right there a million
dollars in cash flow and I hadn't sold
it yet now if I had 10 of these
making me Seven Grand a month
seven
hundred grand a month
yeah it'll be 70 degrees seventy seventy
thousand dollars a month I mean like God
dang
you get seventy thousand dollars a month
coming in passive income bang bang bang
okay you're like okay how do I do it man
how do I do it how do I do it how do I
do it that's my second deal okay these
aren't even the good deals
this is not the deals you should be
doing this is a deal you should be doing
but first let me give you the
unbreakable rules okay
say too much information too fast no
people are loving just too much too fast
guys no they're loving it
okay you got it here's the unbreakable
rules and then I'm gonna show you how to
put this plan on super steroids
number one unbreakable rules okay you
want to write these down unbreakable
rules do these rules okay do not break
any of these number One never compromise
location
the two locations I bought I knew the
market I knew that asset okay that was
not Houston I was buying those yet those
are that was Houston Bel Air Houston
okay Bel Air is always a protected
Market you have to be very protected in
your Market I can teach you exactly what
you need to do so you never compromise
the location what Johnny I can't hear
you hit the link below
number two the one percent rule okay uh
if you look at the one percent rule
the one percent rule basically says if
you buy something for a hundred thousand
dollars
it should rent for one thousand bucks
it's basically the rent okay
by the unit okay the unit price 100
Grand one percent if you can find
anything that hits the one percent rule
like those properties I bought okay I
was basically buying the property for
seventy seventy thousand dollars and I
was renting it for 700 bucks a month
it's called the one percent rule okay
number three what you furthermore say on
this is if you find a deal where you can
rent for one percent of the purchase
price then buy the whole neighborhood
yeah dude if you're if you're let's say
you're in a rental right now if you're
in a rental right now and you're paying
1500 bucks a month and you can buy that
same unit for a hundred fifty thousand
dollars buy the unit
buy it don't rent it okay now
what's going on in America right now is
rent is one half of mortgages
okay because of interest rates and
interest rates is what's creating the
opportunity the interest rates in the
banks have a problem I'll show you how
to get around the whole system right now
okay
three you need units you need number of
units to scale
okay so what you're looking for and this
is what we talk about in the 10x rule
you're looking for something you can do
10 times not one time now it could be
that you buy one thing that has 10 units
already built into it or better
16 or better than that 32 I'll show you
why in just a little bit number four
always use debt on your deals always
always always always always always
use debt and then send a little note to
Dave Ramsey I learned a better way okay
always always always always use debt
okay now there's
I I don't have enough time right now to
go into all this there's good debt
there's bad debt there's too much debt
there's too little debt there's
adjustable debt fixed debt 10-year seven
year five year three year two year you
got to learn that part if you're going
to play this game but right now what I
want you to do is focus on what asset
because the right asset will always
attract the right debt and money down
the equity is no problem number five you
need barriers to entry okay I need some
barriers it could be mountains it could
be an ocean it could be a swamp it could
be it's a gay neighborhood and primarily
gay it could be oh it's it's it's mostly
Koreans uh it's a it's a Russian or
Chinese neighborhood those are barriers
you understand like it stops people from
from either they want to be in that or
they don't want to be in that whatever
that means
um it could be it could be oh my gosh
like in in California right now they
just passed this dumbass law uh on the
five percent luxury tax yeah
so if you look at Cal if you look at if
you look at Los Angeles if Los Angeles
is that big right well they took a
portion of Los Angeles and they said
over here this is Malibu right here this
is Beverly Hills
um but this is the rest of LA County
let's say L.A County they said we're
going to put a five percent rule
to produce new Revenue anything over
five million dollars gets Tax Plus
five percent five percent at the sale at
the time of sale guess what happened all
these people moved to this market so
that's a barrier to entry this problem
right here is good for these markets
about a house in Malibu because of that
okay but you got to know what the
barriers are there's a lot of barriers
they're not just physical barriers like
Houston Texas the reason Houston Texas
will have flat rents and again guys we
teach all this in our Master Class the
reason flat lands have flat rents okay
it's just very easy to understand Tulsa
Oklahoma Oklahoma City uh
Kansas City The Plains Nebraska Houston
Texas Atlanta dude the rents will always
be flat lands flat and the rents are
going to be flat when you go into the
heels you get to where there's Hills or
ocean see see you guys don't think the
ocean you think the ocean's flat but the
truth is the land stop boom all you got
to do is walk out about 40 or 50 feet
you walk out
he's bored got guy doing audio it must
be important you walk out 40 50 feet
you're going to drop off okay that that
means you have a movement okay if you go
to San Diego California you got
mountains on one side Ocean on the other
side and you got this compression in
between if you look at the 405 going
down La 405 is a barrier to entry if you
don't want to be on the 405 you're going
to be in Santa Monica it's going to
compress everything now when the
politicians get involved they become a
barrier too so they're like oh we need
to protect everyone okay you don't have
to pay your rent okay or you you know
you have to do this regulation you got
to put a wheelchair capacity and you've
got to put blind signs on the place we
don't have any blind people here
okay but you still have to have blind
signs even though we don't have blind
people here and even though we don't do
like like if you don't have if you don't
have elevators
uh uh what are you doing with damn
wheelchairs on the property you cannot
do a wheelchair up the stairs but
they're still going to have you have
make a wheelchair access even though
nobody with wheelchairs see that's a
buried entry regulations the government
is a buried entry number six
you need to be below replacement costs
okay I bought a deal once
my biggest the first deal that made me a
millionaire I did the first two deals
would have made me a millionaire many
many times over if you would have held
on to me if I would have known what I
know today I made so many mistakes
make sure I cover mistakes before we
leave today okay before I leave today
guys I'm going to share with you 10
mistakes I made in real estate do not
leave here before you get those okay by
the way just want to give a big shout
out to everybody that grabbed uh that
took advantage of the grant cardone.com
wealth offer it's a link below Grant
cardone.com that's a stupid offer 12 000
savings
this is what I want to do extra special
for you guys first of all I'm going to
give you my multi-family fuel guide I'm
giving that to you guys everybody that
already hooked up I'm giving you guys a
signed cash flow hat you want to rock
this everywhere you go let them know hey
man I'm with Grant Cardone he's my
mentor I'm going to give you our
tracking spreadsheet this is proprietary
you're going to get this it's my deals
active deals lost deals you want to have
this this is how I underwrite all my
deals I'm also going to give you my real
estate investing book if you haven't
read this book I'm going to send you a
signed copy of this and everybody that
already hooked up you get two days with
me 30 days from now and I'm giving you
my master class a 16-hour master class
that people pay ten thousand bucks for
I'm giving you guys all that just want
to thank everybody for for for hooking
up and taking advantage of that yeah
show them the offer Johnny okay this is
my real estate masterclass 10 16 hours
long every person in the room you'll see
the people in the room they pay ten
thousand dollars to be there it's about
150 people there it was a million dollar
event for me uh and and I promise you
that that event is worth over a million
dollars to everybody in the room how to
find your first million dollar profit in
real estate there's a fifteen hundred
dollar program you get to spend two days
with me this is interactive okay I'm
literally gonna walk you through the
entire workbook how to underwrite a deal
how to find a deal how to buy a deal how
to look for barriers how to scale will
it scale what are the barriers to entry
does it fit the one percent rule how to
never compromise location okay I'll
actually help people in Q a and
underwriting the deal also
for the next three weeks okay between
now and when we go live okay I am going
to do a weekly coaching my team and I
are going to do weekly q a with
everybody that signed up today now I
didn't promise you guys that
when you came in and took advantage of
it in the first three minutes but I want
to give you guys that for believing in
me thank you I'm going to always over
deliver to you I promise so everybody
that's already signed up and it's a lot
of people that already took advantage of
this 297 stupid offer
um I'm going to give all that to you
guys uh that already signed up so
congratulations big value ad for all of
you uh uh it's a great way to for me to
show appreciation to you and I look
forward to helping you in your real
estate career produce not a million
dollars but tens of millions or hundreds
of millions or even even more if you
want to imagine doing something bigger
than that Link's right below Grant
cardone.com forward slash wealth they're
telling me the links right below on the
on the screen Grant cardone.com wealth
okay let's get back to the Unbreakable
rules okay if you could Groove these in
now where you're looking at a deal I'm
going to go back and ask myself if you
can put those rules up okay hey I'm not
compromising location am I compromise
most people compromise their location
you're like oh I'm gonna go down I'm
gonna go to the corner I'm gonna buy the
property because it's 30 grand
cheaper don't do it I'm telling you 30
years 5 billion dollars worth of
experience that's 5 billion
with a a b do not compromise your
location for 30 rent
okay at some point you want you it
doesn't make sense but if you put
together the rest of the rules you'll
know what you should pay for the
property the one percent Rule now on a
note on the one percent rule which is
number two the one percent rule I very
seldom amable to buy the one percent
rule today the reason as the location
and the asset quality gets better and
the debt gets better and the long-term
possibilities get better the one percent
rule can go down okay in fact I could
buy probably the point zero six seven
percent rule
67 percent of one percent or point zero
six seven so the rents could be sixteen
hundred
if the location's sick and the assets
better and it's already filled the rents
could be sixteen hundred I'm sorry the
rents would be I could pay a hundred and
sixty thousand dollars for a rent uh for
for
167 thousand dollars per unit
okay and only get a thousand dollar a
month in rents I can make sense of that
okay I think I did that right and you're
like well why because I know these rents
are too low and these rents should be
three thousand dollars which would get
me to be a ha which would give me a one
and a half percent rule in the future
but I got to get it to cash flow now
again guys I'm trying to I'm trying to
like
like some fire hose bring a fireman in
here
okay so so I'm trying to get as much in
as I can as fast as possible and then I
want to get to some q a and I want to
make sure I I don't miss those mistakes
with you guys okay can you scale can you
scale can I do it a second time and a
third time and a fourth time like no
money down uh four unit deals you can
only do that four times some cities you
in some places you might be able to pull
it off 10 times but in most places you
cannot pull it off enough times so I'm
going to show you how to scale today
and scale on one deal and actually
reduce your risk rather than doing 10
individual deals I'm going to show you
how to do one deal of 32 units that'll
make you 2 million on your first deal
with no money no credit okay look for
barriers I brought that up below
replacement cost I went through that now
seven when you underwrite your deal you
need to underwrite for worst case
scenario I'm gonna bust through the
underwriting really quick
okay I want to make sure you guys get as
much of this as possible okay let's say
let's say I got 32 units and they're
renting for a thousand bucks a month
that's thirty two thousand dollars the
worst case scenarios is the first thing
is your vacancy okay let's say the
vacancy in the marketplace is five
percent I'm probably gonna make eight
percent
I'm going to take a worst case scenario
and I'm gonna be like may I might take
it to 10 let's just do 10 I'm gonna do a
10 an eight a five a four or three a two
I'm gonna do worst case and say okay
thirty two hundred hundred dollars a
month I can never collect because I'm
never gonna have it full okay I'm not
going to do the property at a hundred
percent because you can't stay a hundred
percent full
it's almost impossible okay then
I only have now I have 29 000 I'm gonna
round this off twenty nine thousand
let's say you can operate let's say
you're in Houston Texas or Austin or
Dallas
you're in Philly you're in New Jersey
and let's say that the the expenses on
this deal are 30 percent
and you're like the last guy operated
for 30 expenses well I'm not going to do
my deal at 30 I'm gonna be like
I might go to 40 percent
okay if the marketplace is operating at
30 I'm gonna be like I want to add more
expenses to my deal and use a worst case
scenario okay to figure out what my cash
flow is going to be in this case it's
going to be 16 40 percent of thirty is
twelve thousand dollars and I have what
do I have 17 000 left over
to operate this deal and then I'll be
like okay does the deal make sense at
this number
now now at the number they want by the
way worst case scenario also means that
I didn't get a better price
that I didn't manage it better that I
didn't have better occupancy okay that I
had worst case scenarios happen on my
price I had worst case scenario happen
in my occupancy and I had worst case
scenario happen on my expenses because
my expenses went up Insurance blew up
there was an eviction problem there was
some bed bugs I didn't plan on it was a
fire over here oh happens man okay
and because I did my worst case scenario
and I couldn't get a reduction in the
price I couldn't get the guy to sell but
because I didn't compromise my location
and I bought the right asset in the
right place with the right time with
barriers to entry dude I'm gonna be all
right okay now I'm gonna still buy the
deal because I'm underwriting to a worst
case scenario okay that's why in 30
years
most of my friends
Builders and
syndicators I'm watching a couple
syndicators right now go to prison
because they over promised and didn't
underwrite a worst case scenario they
think everything's going to be perfect
the whole time no it's not going to be
perfect I've never lost a real estate
deal in my life
I've never done an apartment deal like
I'm going to show you right now and lost
money and I've been through 1995 housing
credit and loans so crisis there were
700 Banks went under in 1996 700. I went
through 2000 of the internet collapse
for two years that was problematic I
went through 2008 20 million homes went
back to the bank none of mine did
I did I didn't bankrupt everybody
everybody I knew that was building
condos in 2008 9-10 went busted everyone
up not one of them survived that I did
okay and then I covid in covid we had 40
million people get laid off our
occupancy went up not down okay our
income went up not down so I don't lose
real estate because I follow these rules
number eight if it doesn't cash flow
don't do the deal
uh we do we do a weekly class that we're
going to do three of these for you guys
that took advantage of it guys show me a
deal the other day I'm like quit wasting
your time bro and the deal don't work
throw it in the trash and move on and go
find a deal that cash flows number nine
price is the least important metric
95 of the people that we have about 500
people in a real estate Club okay and
the the recurring mistake these people
making that I made in my career is I
people put too much attention on the
price remember this you pay price one
time one time you pay the price you
collect rents every month
okay price is the least important thing
the second least important thing is the
cap rate even though most people think
the cap rate is most important the two
most important things number 10 know
your exit know how you're going to get
out of this deal make a note on number
10 and you need multiple exits there
cannot be one door imagine being trapped
in a theater with only one door and
there's 700 people in a room you do not
want a one-door exit you got to have
multiple ways to get out of a deal
number 11 refi and never sell I need to
do a deal where I can refine the deal
and never sell the deal remember the
deal I told you about earlier I paid 58
million for it
58 I refinanced it for 108. you guys
understand I refinanced it for 50 almost
more money than I paid for it
you're like man that ain't gonna happen
to me I'm telling you I promise you if
you do what I'm telling you this will
happen it took me how many years was
that that event 8 12. and then let me
see the refi was in 16 or 17. let me see
just for you guys in a room that that
are so skeptical you think everybody's
scamming you for everything okay watch
this Grant Cardone Harbor and it's
farage
November 2012 decision 58 million
see see like if you guys think I'm a
scam it's either because you're you're
an idiot
you're a quitter you're negative
you've quit so many times you're ready
kill yourself
okay see this right here this is in the
real deal December 10 2021.
is this me no that's 2021. oh yeah yeah
that can't be me okay here it is okay
here Johnny can you show this Grant
Cardone acquire South Florida apartment
building for 58 million dollars that's
what I'm telling you guys real estate is
such a safe thing to do oh by the way
when was it November 20th 2012. Grant
Cardone announced today the purchase of
Southeast Florida apartments it's Stuart
Stewart Port St Lucie and palm could you
believe that was the largest transaction
in Florida that year yeah now now watch
this
crazy right the reason the reason I
didn't get the right deal here's another
one idea
Grant Cardone
said he closed on his biggest
multi-family deal and it's all in South
Florida
okay 1700 units
when was this 744 million
744 million dollars properties are 99
leased
why aren't they 99 now right Ryan's in
the room Ryan just walked in just yeah
okay uh he took out a 550 million dollar
senior debt loan
he paid cash for 190 he put 194 million
dollars down okay guys for this for you
you guys out there that are so negative
and so poison and so toxic that you
think you can't trust anybody with
anything because you don't trust
yourself anymore
okay don't don't don't don't don't don't
come in here start a lot but I don't
believe it it's a scam it's a skeptic
just ask me for proof man
you you guys deserve to have proof
everybody here you guys deserve to have
proof don't but don't come in here
vomiting all over an audience of people
that want to do better
just ask hey man show me the address
okay show me proof okay let's go
and that's why I love real estate
because there's proof I I don't know you
know what's going to happen in the stock
market nobody knows
okay I I don't I don't hey I got a
company over here it's called the voodoo
company and we sell Voodoo products and
it's gonna we're gonna make billions of
dollars in that Marketplace is a
trillion dollars and and man if we do
this this and yeah but you ain't done
any of that show me the money bruh
show me the money show me the address
show me the tenants make it easy you
guys got to quit gambling okay real
estate is not a Gamble
okay the stock market is a casino you go
go put in Warren Buffett
put in Warren Buffett
Warren Buffett let me see if I can find
this in stock market Casino you know how
many times this man has said the stock
market is a casino
uh Warren Buffett Robin Hood turn the
stock market into Casino Warren Buffett
criticizes Wall Street for turning stock
market into a casino casinos are more
respectable and regulated than our stock
markets listen to this
can you play the audio Johnny you got
any comments on that assistant
out something this crazy could have
happened
well it happens
it's almost a Mania of speculation that
we now have
we have computers
algorithms trading against other
computers
we got
people it's Charlie
no even less
it's just an incredible crazy situation
and it's weird that we ever got a system
where always
equivalent of the casino activity is all
mixed up with a lot of there you go
that's Charlie Munger and Warren Buffett
okay you guys should study these people
man
they're telling you this is a casino
what are you doing in it why do you have
your IRA and your 401k you can't see it
you can't touch it you don't know what
it is you don't even know where your
money's at the banks the money markets
the CDs the treasury bills it's
the whole thing is a freaking Fiat scam
okay banks are risky businesses folks
you think because you have your money at
Wells Fargo or Citibank or JP Morgan or
Bank of America you think oh my God it's
Bank of America it ain't safe one of the
riskiest businesses on the planet is a
bank
okay when you put when you put if you
can't understand it don't do it when you
put your money if I put a million
dollars into the bank
or ten thousand dollars whatever your
number is okay whatever number you put
into the bank or ten thousand dollars
into a bank
an IRA okay that when that money goes
into the bank do you understand
that they then count your asset that you
put in the bank as a liability
why because they got to pay it back to
you okay so this this 10 000 when it
goes over to City
that becomes a liability on their books
now watch this if this doesn't terrify
you guys
okay I'm simplifying the entire monetary
system when they take the ten thousand
and the one million dollars and lend it
out how many times can they lend this
million dollars
no no there used to be a rule tonight it
is an unlimited amount of times they can
lend this money out but let's say they
only lent it out 10 times because
they're being heavily regulated in the
marketplace we just had three Banks
crash
it was only like four months ago and I
think some people forgot this was not
just a bank failure this was the largest
bank failure in the history of this
planet the largest and it happened in
America where all the money's supposed
to be good okay 10 times let's say they
lend this 10 million dollars out
no they lend your one million dollars
they don't even keep the million dollars
they lend it out 10 times they lent out
10 million remember this is a liability
for the bank the million dollars is when
they lend it out guess what they call it
it's an asset to the bank
they lend out your one million dollars
to 10 people
that's 10 million dollars worth of loans
that's an asset for the bank that's why
I'm telling you guys banks are risky
okay so what do you want to do okay let
me let me just further make this point
before I before I'm gonna show you guys
exactly what I want you to do today
um
the one million dollars
that sits at the bank
you think it's safe
is it going up or down in value
if it loses four percent of its value
for the next 10 years which this will
accelerate by the way that means in 10
years this money will be worth six
million dollars it's still in the bank
though
and it still will be 10 million it will
still be I'm sorry 600 000. okay this is
six hundred thousand dollars now it's
still going to represent one million
dollars you're going to be able to go
get one million if the bank's still
there and if Fiat cash is still there
and if China even uses this money
anymore okay but it will only buy six
hundred thousand dollars worth of goods
and services okay so it's going down in
value when you save it so what I want
you guys to do is I want you to learn
how to take your money that you earn and
convert it to a real asset that produces
passive income okay this is what you
want to do with that million dollars
let's see let's say you had a million
dollars and by the way this bank if you
went to this Bank Bank of America
B of A and said I want to give you a
million dollars to buy your stock guess
what they would say
100 no
I want to put a million dollars into a
four million dollars you understand if
you wanted to buy one million dollars
worth of Bank of America stock they
would say no if you took a million
dollars to Bank of America and said I
want to buy a four million dollar piece
of real estate that produces 400 Grand
of of cash flow a year they would say
absolutely 100 right now let's get it on
okay pay attention to that if they won't
lend you money
to borrow their stock why would you
leave your money there to die and go
down in value okay so this is what we're
going to show you how to do today I'm
going to show you how to take no money
no money
and buy a 32 unit deal
okay that 32 unit deal could be worth
as much as
easy to find this deal let's no 3.2
million dollars I'm gonna show you how
to do that it would deal with no money
and then I'm gonna show you how to raise
the rents 25 let me just do my math
again 25 about a 25 times 12.
yeah you want you want to remember this
math 20 every 25 is worth five thousand
dollars
per unit
okay every 25 rent increase
so if I raise the rent so these units 25
just 25 a month every 25 dollars
represents five thousand it's called
Leverage
to almost 20 times
I'm getting 20 x return on my 25 rent
increase so what are you looking for
you're looking for properties that can
have rent increases you're not looking
for the cheapest property anymore okay
five thousand how many units do I have 5
000 times 32 is 1.6 million dollars I'm
going to show you how to make 1.6
million dollars on your next deal now
we're what an hour into this right now
hour and 23 minutes oh God dang man I'm
trying I told you guys 45 minutes okay
okay now what this is what I want you
guys to do right now stop everything
you're doing right now and do this I'm
gonna give you guys one chance to do
this today I'm going to make an offer
okay for for whoever for today and then
I'm in this here in about 30 minutes
okay I'm gonna take some q a go over the
mistakes and I'm gonna stop this
I'm gonna give you okay our real estate
master class is 10 000 bucks
the only way you can get it by the way
you can't literally buy it from me okay
the only way you can get is to access it
here everybody that bought this paid ten
thousand dollars to be in the room and
they traveled
okay ten thousand dollars the entire two
days is done by me it's over 16 hours of
material I'm gonna give that to you
today and I want you to get started
today you have three weeks to get
through that material okay it's going to
take you about 21 days to get through
the material in the interim what I'm
going to do is I'm setting you up to do
a two-day interactive workshop with me
I'm going to go to my classroom right
down right down there and and I'm going
to literally have this whole room is
going to be filled with screens and I'm
going to walk you through I'll be able
to see you eyeball the eyeball and
you're going to spend a couple days with
me going over deals finding deals buying
deals funding deals okay how to find it
how to buy it how to hit the barriers
how to underwrite it I'm gonna take you
through this workbook you're going to
get this workbook downloaded tonight
you're going to use this workbook with
the master class that I gave you it's
also going out in the Box
okay okay you're going to get the PDF of
this immediately okay I'm Gonna Mail
this box over here
I'm going to mail the box out and the
Box gonna have some other gear and it's
going to have the 10x hat it's going to
have the workbook it's going to have
some goodies in there for you it's going
to have the real estate books so you can
reference the best-selling uh how to
create wealth investing in real estate
book that you can you can buy at Amazon
for like 45 dollars I'm giving it to you
for free okay also I'm going to give you
our multi-family real estate guide okay
this has all the most important
terminology effective gross income down
payment depreciation debt service
coverage ratio cash flow capitalization
rates capital expenditure Bridge Loan
Break Even Point uh net income I'm
giving you this book okay I don't know
whether books work do you it's my 35
years of learning and understanding
these terms and most importantly keeping
them simple
most people complicate this game this is
not a complicated game keep it simple
there is billions in the Simplicity okay
I'm going to give you those three things
and if that's not enough I'm going to
give you our deal uh our deal tracking
spreadsheet proprietary myself Ryan
Secco you see me working with Ryan I
have them on my I have it on here right
now Johnny maybe show this Johnny okay
this is my deal tracker
deal tracker where's my deal trackers
deal tracker where you at bro bro so you
guys know this is for real because I'm
doing it right now well there it is okay
see my deals right here these are all my
deals remember these deals I talked
about Harbor Bay Harbor K Harbor K
Harbor Palms these are all my deals
right now what's that got to do with you
I'm going to give you that to start
putting your deals on it this isn't just
my existing deals it's all my lost deals
working deals active deals
uh you see this guy's name right here
guy I'm working with right now on a deal
see that name right there you see it
down here uh-huh working lost deals look
how many lost deals I have every one of
these is underwritten okay on Market
deals these are all the deals I'm
looking at currently I'm gonna give you
guys this
now they get the spreadsheet or they get
there
you don't get my data I ain't giving my
data man I can't give you I can't give
you my these are just deals I'm working
right now okay these are probably two
billion dollars worth of real estate
deals I'm working with right now okay so
I'm going to give you guys that also I'm
gonna give you and this is worth
I don't know three grand
three weeks at least yeah me and my team
you're going to get access to our
Friday every Friday if you missed the
Friday we'll give you the recording
these are q a calls you can bring a deal
at we'll ask about it you can ask
questions about expenses about income
about debt loans raising money I've only
raised how much right
then why'd you have 1 billion on it the
night when it's 1.1
.1 billion look at it look at it okay
1.1 billion dollars man
1.1 billion dollars I've raised without
running ads
I'll show you guys how to do it okay so
I'm going to give you that call every
Friday
literally every week between now and
when we go live on the interactive I'm
gonna give you okay and I'm gonna do all
this guys for 297. it's a 12 000 offer
links below Grant cardone.com wealth I'm
going to take it down in 20 minutes and
we're going to price it and sell it in
the marketplace at 297. also I'm gonna
do one other damn thing for you because
I'm feeling kind of crazy today this is
just silly okay watch what I'm gonna do
if that ain't good enough okay
I'm gonna give you something else okay
watch what I'm gonna give you I'm gonna
give you I'm gonna give you this
I'm gonna give you a 100 credit at my
store
on the 297. so you paid nothing okay
you pay nothing okay you're gonna put
297 on a card I'm going to send out
everything to you I'm going to get you
through the next three weeks I'm gonna
spend two days with you I'm gonna give
you everything here and then I'm gonna
give you a credit at my store
immediately and you can use it against
anything that you want like
whatever
hoodies
uh webinars trainings 10x growth
conference tickets sales workshops
caught on Ventures workshops anything
that we do live you can use it for
anything that you choose to use uh it'll
sit at the store it's a credit and you
can use it so you're virtually paying
nothing for the entire thing okay now
let me just put a timer on this 129 at
201 this is over
okay you guys anybody that runs this
again you run an ad again I'm firing
your ass right right immediately okay it
it only the people that are on here
right now get to take advantage of this
after that Annie don't give it to one
person Johnny if I see you giving it to
anybody leaking it out I'm firing your
ass okay all right I'm hardcore now let
me tell you about my third deal because
you're going to learn something from the
third deal the third deal was easier
than the first two deals
the reason the third deal was easier is
because I started getting scale I
mentioned this if you have a pen or
piece of paper you want to write this
down do not not pay attention to what
I'm telling you right now I found a deal
let me see if I remember the name of
this here I think the name of this deal
was Cedarwood watch cedar wood
Vista California oh there it is can you
show Cedarwood apartments Vista
California
two 10-seater
did when I saw this deal I knew the
second I saw it
I was going to become a millionaire
let me see right here for rent watch
this I want to see what the rents are
today
1900 is what it is look at that damn
place it's full no availability and how
much of the Rents It said 1700 to 1900
but that's got to be
uh yeah 1700 to 1900 that's where they
start right okay so check it out
let me go to apartments.com
okay this property looked exactly the
same when I bought it I bought this what
was the date I bought this Beast uh
this had to be 2000 and let me see I'm
31 30. 33 33. this was this was 1991
yeah 1990. 1991 1992. I drove up on this
deal I knew the second I saw it I was
gonna buy it okay now he's was it blue
was it still blue it was the same exact
color it is right now okay it's been
there 33 years right
let me say I was 33.
I'm 65.
32 years 32 years yeah so what is this
thing yeah
whatever it's 1991. 32 years this
thing's been there
making money man churning money now
watch this one deal one deal I paid 1.9
million 50 000 okay 100 to the first
person that knows what which one of my
non-negotiable does this uh uh
click off boxes and check on
in chat in the chat
the Builder paid 5.2 million to build it
um
under replacement costs I'll give myself
another hundred okay you should have
known that one man okay okay I paid
2 million 1.9 million 50 000 whatever
okay and he paid 5.2 million to build it
so I tell people man don't be a builder
Builders go broke that's what the b
stands for
you know Brokers what do they stand for
Broker Than Me that's what that's why
they Brokers they Jokers why would you
broker a deal when you could own the
deal the guy that that sold this deal he
makes two percent on it two percent
times 1.9 million
the guy that bought the deal made 339
thousand dollars
two percent two percent of uh
uh two million dollars yeah 40 Grand
he might have made 50 whatever
okay let me show you what I made on I
paid 1.9 million dollars
yeah
I put 350 000 I had 350 000. I didn't
have all the money I think I had 175 000
I borrowed the other 175 000. I could
have borrowed all 350 if I knew when I
knew today I didn't need to put any
money down on it I put 350 down I
financed 1.6 million dollars
my credit score went straight through
the roof now in two houses and 48 units
okay my credit score just like Wham
overnight I didn't even know anything
about my credit score
okay I I they're like oh you have assets
you own an asset guess what this this
loan I was not even responsible for the
loan this loan right here did not
require me to have a credit score and
the reason why I didn't is because 48
units
I think those rents were 850 a month
back then
let's see what these rents are now
yeah it said 1700 and 1900 yeah because
I remember what I was making I was
making I was making times point one two
I was making forty two thousand dollars
a year in free cash flow
forty two thousand dollars a month in
free cash flow and I think I kept this
thing for like four years I made a
hundred and sixty thousand dollars in
cash flow
and I'd only put 350 down 50 of my down
payment was returned in cash flow from
the property the average room rent for a
one bedroom in a Vista today is twenty
one hundred dollars okay now now this is
48 units the rents went from 850 a month
to let's just put 18.50 a month just to
keep my math easy and watch what
happened right here this is the math you
guys want to understand okay
the rents in 30 years went from 850 you
guys have been seeing the rents two they
doubled
the rent's doubled okay now if the rinse
double does the property value double
now let me tell you how you do that more
way more okay so you take a thousand
dollars times the times the unit we're
going to assume it's a hundred percent
in this case
okay because that happened in 1800 is
not a high rent here these rents are
probably closer to twenty two hundred
dollars twenty three hundred this is
cheap by the way in Florida
you agree Ryan
you you can't get anything for 1800 here
it's it's a tear down okay these are
nice units 1800 some a thousand dollars
times forty eight
forty eight that's forty eight thousand
dollars what
thousand dollars times 48 units is what
48 000 win
my rents went up my rents went up a
thousand dollars times 48. every win
everybody you guys understand that's
every single month
okay so I got to multiply times 12.
times 12. okay that's 576 000 in new
income
okay now this is a very simple formula
that I use and you guys are going to get
access to this for taking advantage of
the offer Grant cardone.com wealth I
don't figure I don't need to figure out
what a property is worth I don't really
care what it's worth I'm going to pay X
for it what I want to know is what is it
going to be worth in the future
that's all I care about okay if it's
worth X today there's no money in X the
money is in the next thing okay now I
know how to get it to be worth more how
you raise the rents twenty five dollars
twenty five dollars every twenty five
dollars is five thousand bucks remember
that every twenty five dollars is five
thousand dollars in this case we raise
the rents a little more than twenty five
dollars okay see this new rental income
increase tells me the new value of the
property divided by .06 I'm going to use
that
makes that property worth
9.6 million dollars more
okay
then I paid for it okay in fact I'll bet
you if you go and look at the value of
this property today you're going to see
this property somewhere in the 15 to 20
million dollar price range
divided by 48 units
yeah
that's where that property is worth
today okay huh
what is it 16 million bucks okay now I
paid what I pay for the property
I put no I paid 350 000 for the property
and by the way half of that 350 000 was
returned to me in cash flow in the first
four years
okay now I should not have sold this
property I sold it I made
3.9 million dollars
on that property
and I was like God damn I'm a
millionaire first time I became a
millionaire I was 33 years old on that
property multi-million I had been
working multi-millionaire three millions
at one time Bing okay check it out now I
I turned it over to my tax guy and I'm
like what do I do he's like take that
property
take that sale and you go take that 3.9
and you move it into a similar asset
like it and you won't pay any taxes so I
took this three point million dollars I
did what my accountant said
I shouldn't have done it
I mean I shouldn't have sold it
okay and I went and bought a 14 million
dollar property
and now I'm in the real estate game and
so but and what your point is is that
you should have kept it refinanced I
mean this is cool and then use the same
cash together I mean I did what I did I
did what I did but Jared's making a good
point okay what I did was I took my 3.9
million dollars and rather than paying
one penny not one penny in taxes
okay not a nickel a quarter not a penny
in taxes I took the entire 3.9 million
dollars and I converted it to a 14
million dollar deal that paid me 30 uh
to pay me another forty forty five
thousand dollars a year
cash flow but I got a 14 million dollar
asset going up in value you guys
understand I got 350 000 basically in a
deal that's now worth 14 million bucks
okay I have 14 million dollars worth of
assets
okay so so when your your cash is going
down in value every year
what I do is I leverage the cash the
original 350 into an asset the 350
bought 2 million
right so so what's the transition of
well this is how it works you take cash
I'm going to use this example 350. I
could have borrowed all this money from
other people yeah and that's one thing a
lot of people are asking they're like
how do I buy a deal with no money oh
dude it's easy because you're going to
get a loan on the asset and you're going
to go to your friends and family for the
cash
so a lot of people now you got to know
you gotta know huh a lot of people are
buying real estate they're raising all
the money
oh yeah 100 most people raise all the
money okay very few people put money
down on these deals this is just a big
secret a lot of these deals can be
bought from that owner because of the
real estate crisis that we're going to
go through right now due to Banking and
Frozen credit you're going to have
lenders this guy this guy would have
helped me with the loan I just didn't
ask for it I could have asked the guy
that had the deal to do the deal with me
okay like literally like this is the
moment we're walking through this has
not been around since I bought this
property uh in in I guess this was
uh 1991.
we're in the greatest real estate
opportunity of your entire lifetime all
right uh uh so so so watch what I did I
took 350 000 I converted it into a two
million dollar asset that would later
sell for five million dollars I then
converted that five million dollars to a
14 million dollar asset
I haven't paid taxes here I haven't paid
taxes here hadn't paid taxes here what
am I doing I got assets going up in
value
okay this 350 it just goes down in value
when you guys have 350 dollars
when you have 350 000 it's going to go
down in value or you're going to spend
it or you're going to lose it are you
going to do some dumb with it when
you take the 350 whether it's your mom's
money brother's money uncle's money or
you get a couple people together put a
little partnership together me Jared and
Ryan go do a deal and and we go take our
money and put in that I I I don't want I
don't want that money I want the asset
and the asset takes care of me in the
future let me just go back and tell you
guys what this asset did for me 48 units
was paying me 168 000 when I sold it 186
000 a year okay I made almost three
million dollars on the asset
and I should not have sold it this goes
back to what Jared's saying what I
should have done I didn't know it you
guys will know this remember that that
fifty dollars the fifty dollars a month
the rents went up a hundred dollars a
month I remember the 25 every 25 equals
five thousand remember that
okay
well my rents went up 4X
that that rule 25 equals five thousand
so 48 units
basically they all went up twenty
thousand dollars per unit
so watch this 48 times 20 000.
equals 9.6 million dollars
that's how you that's how you come up
with the increased value of the property
it's the same math every time the math
is so simple it's unbelievable what I've
done that nobody else in real estate has
done is one I've accumulated more real
estate than anybody in the educational
space there is no person
that is that is teaching about real
estate who are some of the names Ryan
Kiyosaki he teaches him classes Dave
lindahl used to teach classes the guy on
TV that did the no money down stuff this
has been around a long time but none of
these guys owned any real estate because
I I've bought and sold five billion
dollars worth of real estate I own four
billion four and a half billion billion
dollars worth of real estate today okay
I own some of the
some of the nicest real estate in the
entire State of Florida some of the best
stuff in Miami Fort Lauderdale Austin
Texas I don't just own real estate I own
I am great great real estate
to own five billion to do five billion
dollars in deals I've looked at hundreds
and hundreds of billions of dollars
worth of real estate probably in the
half a trillion dollar range of real
estate I I compete against the black
Stones the starwoods the J.P Morgan's
Goldman Sachs I bought and done deals
with these people KKR
there's nobody in my league and I'm
bragging right now straight up telling
you nobody in my league that is teaching
people how to buy real estate and
definitely not doing it on a Saturday
afternoon
okay so now let me just show you because
I want you to understand that math math
is math okay you can't change it my
first apartment deal had I kept it and I
said this I should not have sold it
today's value would put it somewhere
around a 14 million dollar
let's hit a four cap
yeah okay it would probably sell you
can't build anything you can't build
anything in California
still probably acceptable in California
divided about 48 units crazy yeah it's
worth 290 300 Grand a door you like what
are the rents there
2700
the one bedrooms are
1900 19. okay so there's no pool the
expenses are so low there it's
unbelievable
um
what I should have done on this deal was
this I should have kept the deal it's
worth 14 million bucks today I'd get a
loan for 10 million dollars
what did I pay for it
well I got a loan remember I got a loan
1.6 million
I've already got my 350 000 back like 55
times
that was my down payment paid all my
brothers my brother my uncles everybody
out back I have literally I got a loan I
got an existing loan on it of 1.6
million dollars which over 30 years
would already be paid off actually I
wouldn't even have a loan anymore
our loans paid off because I've been in
it 33 years now okay the loan the loan's
30 years okay I don't own anything on it
but who who paid the debt who paid the
1.9 million not me the people that live
there the all the people that lived in
that property for 30 years there could
have been 48 times 2 96 times 30 there
could have been I don't know uh 3 000
families in that property
48 so we have about 100 a year 100
families a year going through the
property okay times 30 years yeah about
2 000 families went through there and
they paid my debt to zero I didn't pay
it they did I got the write-off they got
the check okay now I'm going to get a
check now for 10 million dollars no no
I'm gonna go get a loan a new loan a new
loan for 10 million
it's worth 14. I owe nothing
so how much cash do I get
10 million 10 million dollars
and that's only 48 units ladies and
gentlemen
now more 10 million what's the tax event
here
zero zero guess what I can do with this
10 million this is what Jared was saying
earlier I shouldn't have sold it I
should have taken the 10 million and 10
million converted into a 40 million
dollar real estate that pays me 600 000
a month and now I got the old deal
that's worth 14. now I got a new deal
that's worth 40. I got 50 million
dollars worth of real estate I'm
starting to become a gangster
real estate
gangster
okay what's my credit score nobody cares
for when Dan credit score is they're
looking at my assets okay these loans
that I'm getting they're called
non-recourse loans I'm not even
responsible for them you guys understand
they're not giving me the loan they're
giving the property the loan look if you
guys want to take advantage of this man
I I don't know what I got to do to tell
you we made an offer to stupid it was
reduncle your list okay it's ridiculous
to the ridiculous it's 297 bucks
you get the real estate Master Class 16
hours you get the two days with me
two days with me I'm gonna go spend one
hour in Tampa today and they're paying
me 400 Grand you get to spend two days
with me I give you that for a I'm going
to give you the the multi-family Field
Guide I'm also going to give you our uh
uh deal tracking spreadsheet
I can't I can't change that uh Johnny
you're supposed to change it for me okay
and I'm going to give you our deal
tracking spreadsheet and and if that's
not enough
an hour and a half every Friday between
now and the live event and we're going
to do q a with my team ask anything you
want okay by the way start throwing your
questions down below while I give you
the seven reasons to buy real estate in
the chat if you guys want it by the way
if you want to know what the link is it
should be down below right Johnny Grant
cardone.com wealth we're not talking
about money here I'm not talking about
you making a sale I'm not talking about
you being motivated I'm not talking
about you being excited I'm talking
about money I'm talking about wealth I'm
not talking about taxable income I'm
talking about you getting assets for
your family
so if something happens to you guess
what your family still is taking care of
okay I'm talking about real estate for
thousands of years people have invested
in real estate it is the greatest
beneficiary of tax write-offs and
it is the greatest protector you have
against inflation
and thirdly it provides you and your
family with passive income when you
can't work
when nobody values you anymore when
you're out of work maybe you go into
unemployment maybe you don't want to
work anymore
I'm gonna go spend two weeks in France I
guarantee you my passive income is going
to keep coming
my earned income is going to stop for
two weeks my passive income is going to
keep banking okay now seven reasons
new note page seven reasons yeah where
do you go to buy this grant cardone.com
wealth by the way you ain't buying
nothing
okay you're gonna put 297 in your credit
card and I'm gonna give you a full damn
297 back in my store
can you spell tupid
weekly real estate coaching call
virtual two-day Interactive
real estate masterclass
multi-family Field Guide deal tracking
sheet I'm gonna send you this 10x Swag
Box with a hat the cash flow hat I'm
rocking right now
and my book how to create wealth
investing in real estate
real wealth folks
Legacy wealth
I'm gonna do the whole thing for 297 if
that's not enough I'm gonna give you a
credit 100 credit at my store for 297.
how about this how about this too I'm
gonna do this too just for the
ridiculous because I'm feeling is it
Father's Day tomorrow yeah for all the
fathers out there I'm also going to give
you this a 1 000 money back guarantee
okay
damn son I'm gonna give you a guarantee
all I ask you to do is this okay if I
when when I make you a Millionaire on
your first deal all I ask you to do is a
short video for me
that's all I ask you guys to do
I'll give you a credit at my store and
I'll give you a guarantee
100 guarantee
oh yeah a one thousand percent guarantee
okay one thousand percent guarantee you
love this
or I'll give you a hundred percent of
your money back
okay all right now seven reasons you
want to buy real estate and you want to
do it now whatever you're doing right
now whatever you had on your plate right
now I'm giving you guys like if I showed
you 10 million dollars right now you'd
stop everything you're doing and go get
it
okay if I could show you how to make 10
million dollars right now would you stop
everything you're doing
and go get it
what
I ain't got time man I don't have time I
know I can't meet you Fridays man I
can't be there for the two days I can't
do dude if I showed you 10 million
dollars would you stop every effing
thing you're doing right now to go get
it
you guys got to quit making excuses man
this isn't going to work for me I didn't
ask you to have something work for you
if I could show you 10 million dollar
bag would you stop all your all
your excuses quit blaming the kids and
the wife and the work and the this and
that and and go get it I'ma show you
where the damn bag is man
I'm gonna show you exactly how to get it
where to go to get it the exact steps to
take to get it how to sign a damn
contract to get it and you just pick the
bag up
that's what I'm offering you guys today
too good to be true no it's 10 million
dollars
it ain't too good to be true it's how to
get a 10 million dollar back okay there
are this is the
multi-trillion Dollar business you
taking 10 million dollars out of it
ain't nothing
that's what you guys are going to
realize when you come into it every one
of you will realize after your first
deal then you've been thinking too small
every one of you I guarantee you you're
gonna be like 10 Millions nothing bro I
could do a hundred guarantee you that
okay number one seven reasons you want
to do this and you want to do it right
now number one real estate is a proven
asset class
proven okay number two Capital
preservation
when I lock down on a building okay I
lock down on a building and this
building's got like doors doors doors
doors doors these are all doors okay
these are windows up here okay nice view
let's say get a view man get a view okay
okay
it's not that good looking of a property
it's but does it look like a property no
no okay let's say this is let's say this
is 32 units
okay and let's say I paid 3.2 million
dollars for this property now what what
what is going up in value on the
property let's say I put let's say I
raised the money and figured out how to
do this deal I did this little 32 unit
deal and I figured out how to do this
deal with let's say a hundred thousand
dollars
it was a 3.2 million dollar deal
and I figured out how to put 100 Grand
and buy it down
I got 10 people to give me ten thousand
dollars
that deals I guarantee I could find 50
of those deals in the next 30 days in
America
we bought massive deals so it's more
it's more difficult for me but a 32 unit
deal no problem okay you could probably
do it with less than 100 Grand what is
going up in value okay is the 100 Grand
going up in value or the 3.2 million
going up in value
see if if you earn five percent on the
hundred grand everybody's like five
percent is nothing I don't care about
the five percent on the hundred
three point two million dollars
times point zero five
makes me 160 Grand I want the five
percent on the on the big number not
five percent on the little tiny number
okay so every time the property goes up
five percent for instance inflation
right now is 4.1 percent we're almost
there if all I get is inflation out of
this every year
uh 3.2 million dollars
now what I'm gonna do now is I'm gonna
go times
1.04 percent I'm gonna use the inflation
number it was nine percent last year
1.04 that's Year One now it's worth
three million three hundred twenty eight
thousand I didn't do anything all I did
was some invisible Casper to ghost
inflation guy is doing some
times 1.04
times 1.04 times 1.04 I'm in the fifth
year now times 1.04
now the property's worth four million
dollars what did I do nothing
I was paid five percent
to wait
for the property to go up
eight hundred thousand dollars I'm just
showing you guys how to do this man this
thing is and I didn't lose my damn money
number two Capital preservation three
I'm getting paid while I sleep
even when I don't sleep good even when I
have nightmares okay they came and got
Sabrina the other night what's the worst
nightmare you've had recently Sabrina
she just walked in I think he got sick
oh wow her dad got sick in one of her
nightmares okay the other day somebody
came and took you okay so
um
no no in in my nightmares okay in my
nightmare somebody came and got her okay
so so uh I'm freaking out in my dream
but I woke up and boom like oh cash flow
everything's fine okay number four
number off number four the real assets
are real they're real man they're real I
can see them
um let me show you let me show you a
property own uh what's what's a great
one
yeah
10x Boca
right now I mean all of my stuff is good
I'm so proud of my real estate
okay because
look at this look at this Beast
now is the stool are those stools real
look these properties most of the time
these properties look better than my own
home
I don't have a living room that big
listen to me I do not have a living room
that big
I don't have a pool that big do you guys
understand the properties that I own the
pools and the living rooms and the
theaters are bigger than the pools and
the living rooms and the theaters where
I live
look at that I don't have a hall a
gathering room that looks like that all
that furniture I didn't pay for none of
that
the renters did okay
let me see what else I got here
the palm trees now I have
uh I have basically if you've ever seen
the house I live at I have basically
what's called
um
too many talks no I have middle class
palm trees you see these palm trees
right here these are called royal date
palms these trees are 10 grand a pop do
you understand this property has nicer
palm trees than I own in my own home
bathrooms are nicer kitchens nicer look
at the entry look at that entry dude
that thing is sick okay
now this property is 160 million dollars
told I told Jared do not let me get to
thinking too big today
I paid 160 million dollars for this
property
I'm gonna show you guys how to do this
once I got it under contract
I had a bunch of my friends
help me with the equity it's called
Equity okay but before I got the equity
what I did because I know how to do this
and I'm going to teach you guys how to
do this this is going to happen in our
Master Class okay
I went and got a loan for 100 million
dollars
now just stay with me just stay with me
just stay with me I know the numbers are
big okay you're going to do a deal this
big one day
if you're going to do a deal this big
one day
first of all if you want me to continue
just right bring it on okay but if you
already know one day you're going to do
a deal that's called an eight ball right
there in real estate terms it's eight
ball it's an eighth of a billion dollars
one deal if you're gonna do a deal that
big one day just write uh
I'm going to do a deal that big one day
big or bigger just put in bigger bigger
okay so watch I got a loan for 100
million dollars
what's the interest rate on that long
run do you remember
2.9 interest loan one of the best loans
I've ever gotten on a deal why because
the property was good they didn't give
me the loan
this is just called a non-recourse loan
I am not responsible for this loan if we
walked away from the loan I wouldn't pay
I would never walk away from a loan and
I would never recommend anybody to walk
away from the law
I said hey do you guys want me to
guarantee the loan they're like no we
don't need you to why not because we
believe in the property we don't need to
believe in you see the difference now if
I was buying a house they'd be like you
need to sign recourse for the loan
because we're going to give you a loan
because we believe or don't believe in
you
they don't need to believe in me they
believe in this piece of real estate
this piece of real estate has cash flow
this is a great secret you guys your
communities are telling you your dad's
telling you your uncle's telling you buy
a house buy a house no don't buy the
house man buy the damn apartment
building
okay and let the cash flow by your house
so the 100 million now watch what needs
to go up in value
okay these guys all My Equity Partners
over here these are my partners these
are Equity Partners mom sisters brothers
Jared and he's in Ryan uh my money my
daughter's money Sabrina Scarlett have
Investments my my wife's got money
invested in this deal uh her mom has
money invested her mom's sister has
money invested they're getting paid like
five percent a year
okay the five percent a year is great
we're just being paid to wait three
million dollars a year is coming in
while I wait for this to do what
how long have we been in this property
2020
21 22 23. the property today it went
from 160 million dollars
to 240 million dollars that's 80 million
dollars
in appreciation
while the investors were paid
three million dollars a year for the
last four years okay while we were paid
the value of the property goes up so our
net worths all change every partner in
that deal net worth is going up without
us doing anything
real assets versus real assets versus
what where where can you do this
stock market
could I go to to my buddies and say hey
guys I want to put 60 million in the
stock market I got these stocks I want
to go into nobody's going to give me
money to do that this is the easiest
asset class in the world for you to
bring in partners and to start raising
money which creates a network of people
that are benefiting okay number five tax
advantages the tax advantages on this
deal to all our Equity Partners is in
excess of 60 million dollars in tax
advantages number six long-term
appreciation guys I've just showed you
guys 60 million dollars when I bought
this deal I said I guarantee you I'm
gonna sell this deal when we sell this
asset we will sell this asset we paid
160. I believe I'll sell this asset for
480 million dollars in the future
this asset is going to make somebody me
and my partners 300 million dollars okay
seven leverage 15 to Infinity because
before we actually I'll show you a
little trick
let's say this property is actually
worth 240 million dollars today I could
go get a loan I wouldn't do that today
because the real estate market sucks
okay I mean the debt market sucks 240
million dollars times point sixty five
sixty percent
I'd get a loan for 140 million 44
million dollars today what do we pay for
Ryan
okay uh let me go to 60 percent
let me see
240.
because I wouldn't even sell it for that
today
yeah okay if if I got a loan for
68 what's 68 it'll it'll support that
163 million 163 million dollars I
wouldn't do this today but what did I
pay for the property
160.
give everybody their money back we still
own the asset we own an asset with no
money that's worth a quarter of a
billion dollars
how can you do that where else can you
do that you can't do that in crypto
Bitcoin ethereum you can't do it in your
own business
you can't do it at your house
where can you do it you can't do it on
your own production you can't do it
being a plumber contractor nurse teacher
just can't do it folks the only place
you can do this is in real estate now
the returns that we look for and you're
going to look for and we're going to
show you how to find or 15 to Infinity
okay what does infinity mean the
infinity symbol looks like this okay
because when we give everybody 100 of
their money back guess what this still
this thing's still going to cash flow
and when it cash flows okay it is going
to pay us back how many deals do you
have with me that you're with me Jared
side shot to Jared how handsome he looks
okay
you're looking good Jared yeah when's
the last time you worked out your arms
man
how many checks did you get for me this
month
uh
of 13 I think yeah 13.
total amount uh 18 000 bucks
I'm telling you guys okay this is not
Pie in the Sky it's not this
guy got 18 Grand the guy you can can you
swing it swing to this freaking this
whatever this guy is looking like right
there this guy right here Ron Seco I
wish you I wish he had a mic on I I
haven't tell you a story you know uh
Sabrina's back there Sabrina how much
was your checks this month 200 bucks 200
bucks okay she got 200 bucks so look
your kids should be in these deals I'm
begging you guys man learn how to do
this this is so simple I could show you
so many dumb asses that make money in
real estate it's unbelievable if you are
considered a slow learner kind of a dumb
dumb bad student don't have connections
but you got an eye for Real Estate
you got this thing like I know real
estate's a good deal if you got the if
you if that's all you have like I know
real estate's smart
I'm going to show you how to make money
with real estate okay last thing I want
to give you the priorities in real
estate okay real quick and again guys
I'm going to take this down you promised
mistakes too you're going to go for 14
minutes I'm taking this down so if
you're going to take advantage of this
offer do it now you'll never see it
again I'll fire my staff if they show it
to you again 14 minutes if you have a
question however
if you got a question
now what 310-777-0255
yeah three seven seven seven seven is
that right no I don't think it's three
seven yeah three one oh seven seven
seven oh two five five okay if you got a
question okay oh my God it's 297 I got
to talk to somebody okay guys look I
gave you a guarantee on the damn thing
man don't call for questions just do it
I can bang the credit card I'll give you
a credit at my store and if you're not
happy with it just call the office
they'll send you the 297 back it's not
everyone no heartache here okay
learn the real estate game
start looking at how you can make 20
million dollars for your family
okay I'll do the rest you let me let me
do the rest you just trust me to give
you and deliver to you the rest I'll
handle it okay I promise you okay weekly
call every Friday with you to support
your questions
okay I'm gonna give you the 16-hour
Master Class
I went over that I'm going to send you a
box of goodies including the half swag
the real estate book how to create
wealth investing in real estate
and the workbook that sets you up
for three weeks three and a half weeks
from now when I do the interactive the
two-day interactive if you're not
available for that I will actually
provide you with the recording okay all
right and I'm going to give you a
guarantee and I'm gonna give you a
credit in my store okay real estate the
priorities one real estate a senior to
everything two underwriting deal for
underwriting the deal underwriting a
deal we only have 19 spots left folks
okay 19 spots left the real estate is
senior to everything don't put debt
price tenants none of that matters more
than the real estate too underwriting
the deal for worst case three
communicating for the broker I'm gonna
teach you how to literally talk to a
broker to get them to pay attention to
you I know how to get people to pay
attention to me number four I'm gonna
show you how to write a compelling offer
these are your priorities how did I do
that number five clarifying the terms
what's my due diligence
typically 30 days what's my PSA look
like I'll explain that to you purchase a
sale agreement and when do I close and
can I get an extension number six
negotiating the deal how do you
negotiate a fair price how do you give
them what they want and get what you
want and everybody feels cool seven how
do you add value or what I call a forced
value how do I force value forced
appreciation on a property you can
actually Force appreciation on a
property without spending any money I'll
show you how to do that most of you guys
that are that are currently doing real
estate by the way you guys that have
portfolios you've done flips or
Wholesales most of you guys are spending
way too much money on your value ad you
don't need to okay number eight selling
the deal or prepping the deal for a refi
it's one of the most important things
you'll learn in the game is how do I get
the refi the refi is where you get your
money out okay now why aren't you buying
real estate right now
number one reason you're not buying it
these are stored into the mistakes here
that I promise you number one you don't
know where to find the deal
you don't know where to go bro
you don't know where to find a deal
number two you don't know how to get
debt
number three this is why you're not
buying real estate this is mistakes you
don't think there's Equity out there
there's plenty of it love these images
by the way number four Network you don't
have a network these are the five things
you have to learn in real estate guys
deal debt Equity Network and confidence
that's it these will be the five things
that keep you from the business deal
debt Equity Network and confidence
eighty percent of this game is in the
deal
okay one hundred percent is the
confidence that you have the right deal
so I'm gonna tell you this if if it if
it worked like this if I could make one
of these senior it would be my
confidence to find the right deal
that's the whole game right there the
rest of it works itself out the deal the
equity and the network the network is
built in one of the other things I love
about real estate it gives you an
immediate access to real people okay
like people cannot like me I've had
people say man I don't know man I ain't
I don't really like you man I don't like
the vibe I don't like how you keep it so
quick and and you and you punch people
in the face and you call them stupid and
you kill them tell them to dumb and you
take it too far and and you kind of wow
man what do you say about me Sabrina
yeah like what
but it's Father's Day man on a Father's
Day scale get a shot of it man on a
Father's Day scale what's my rating
right now tell them the truth about what
you told me yesterday
yeah she no she only gave me like a
seven or eight yesterday you know I'm
like what what's wrong with me and you
said what you said what
she can't think of anything but she says
I'm a little wild
yeah yeah yeah
okay all right so you see people can say
whatever they want about you folks
but they can't say a lot about what
you've accomplished
and real estate is an accomplishment
I would tell everybody here man you guys
need to learn this real estate game
because it's a new way for you to
accomplish things in your life that will
outlive your basketball career your
rapper career your sports career your
dancing career your plumbing your
contractor your masseuse sooner or later
your hands are going to have arthritis
in them
okay your real estate dude it's Gonna
Keep pumping bro even with the termites
it gonna keep sending you the cash flow
okay so watch this I'm going to show you
what I've accomplished in my lifetime
I don't need to say anything
how many of you'd like to have this
to show your your dad
your mom your uncle
look what I got
I'm not showing my house what is that oh
that's one of our investments
see that's different than showing your
house off for your car isn't it
I was talking to Rich the kid uh he's a
rapper and I'm like bro you got to quit
showing off the bro nobody
cares about your necklace your rings
who cares keep playing it Johnny keep
playing it nobody cares Man play it off
in the side Johnny give me a clip in the
side
dude this is what I own
can you can you put it off the side
Johnny or no
this is my life work
this is what I've done for my family
okay we need to hold reel of all of them
this is what I want to help you guys get
I want to help you guys get these assets
so you can and by the way these are
assets when you can't work anymore and
when you when you pass
I just had a brother-in-law pass in the
last
seven weeks okay
what are you leaving man what are you
leaving for people
can you leave anything
so look I I said I was going to spend 45
minutes with you I don't want I don't
want to take your whole day today
um
I want you guys to take advantage of
this
I've made it as easy and simple as I can
I can only give you so much information
in 45 minutes I know it was a lot
right Jared any any any any comments
Jared I mean I just you know
real estate is Magic
like when you when you really figure out
how this works like I'm not actively
doing deals I'm actively doing my thing
and then I just invest money with Grant
because I know how he buys deals and I
get to see him make the calls and uh see
how many deals he walks away from and
all the tough decisions that he has to
make and so I just invest all of my
money with him and I've made more money
I make a lot of money working for him
but I made more money investing in real
estate passively over the last 12 years
than I have showing up coming into the
office working every day uh in my in my
job so it's he's getting paid a quarter
of a million dollars a year because he
trusts me now you guys out there that
you know you don't know me you know
but the problem is it's not only you
don't trust me I'm not even asking you
to
you if you're going to get in a real
estate game you don't even trust
yourself the biggest issue right now is
you don't trust you you know real
estate's a good deal you know it cash
flows you've heard about the tax
write-offs you've heard that it goes up
over long periods of time but you
probably don't trust your ability to
manage it find it buy it raise money for
it keep it sell it you're like oh God
it's so complicated okay so what do you
end up doing you end up doing the easy
you go put some money in a 401k and you
don't know where where it is or what it
is like you don't you're just not paying
attention to your money if you give me
this
the next three weeks just give me the
next three weeks with this program it's
a small investment 297 bucks is nothing
it's tax deductible by the way okay you
can write off about probably 150 bucks
of this okay it's a it's a it's a if
you're a professional in business this
is 100 deduction from your income okay
so so there's it's a very very low
investment for you to get started
learning I need 16 hours this is all I
need from you guys
16 hours with me okay it's a it's a DVD
right it's a it's it's a it's a full
video full video yeah I'm literally in
front of a room for two days these are
these are everybody paid 10 grand to be
in there every person in that room paid
ten thousand not one person a husband
and wife they pay 20 grand to be there
okay and I'm going to show you my walk
through process after process you're
going to see me on a whiteboard like
this for two days
okay I'm not selling anything at this
event there's nothing there's no offers
you're there I'm there
watch it at your leisure over three
weeks now at the end of that what I'm
going to do is I'm gonna do a two day
live event with you
and we're going to have a bunch of like
imagine this whole place is just going
to be filled with TV screens so I can
actually go and say hey Ryan check it
out Ryan what's your question tell me
where you're at what city you're in what
are you looking at oh man I'm in I'm in
uh Korea I don't know how this works in
Korea I'll show you how it works it
doesn't matter where you are
as long as there's income this works
okay as long as there's a piece of real
estate and somebody lives in it this
works
if you want to stay small if you want to
do four units no problem I can show you
how to do four units you want to do 40
units I can show you how to do 40 units
you want to do 400 I've done all of them
I've done every one of those equations I
know how to do them all I've gotten
loans with money down without money down
I've refinanced deals I've sold deals
I've 1031 deals
um
I've done real estate almost every
possible way you can I think we've been
in seven or eight states
I've shopped real estate probably in
every state in the country
uh and I borrowed two billion dollars
I know how to get a loan
and it's got nothing to do with your
my credit score never ever not one time
two billion dollars worth of loans I've
never been asked for a credit score
I don't even sign them alone
so I'll show you guys how to do it okay
let me just go back over the what we're
going to do because they're going to
take this down in 12 minutes okay 12
minutes this is over 12 minutes we're
done okay 297 gets you the entire
package okay the 16 hour master class
three weeks after that I'm gonna do the
two-day interactive okay
um the multi-family Field Guide I like
the pictures better Johnny the deal
tracking spreadsheet and the 10x swing
Swag Box okay bonus everybody gets all
this also what I said I would do and I
will do
okay
297.
put it on your credit card I give you an
immediate credit at my store against
anything now or in the future you can
buy something now you can buy it in the
future you can do whatever you want with
it and then if that's not enough I'm
going to give you the Big G's Big G I'll
give you a guarantee if you're not happy
30 days from now you're not happy boom
just ask for a refund we'll send you hit
your credit card back and and wish you
the best I wish me the best I want to
wish everybody by the way Happy Father's
Day all the great dads out there living
and gone Happy Father's Day Happy
Father's Day to my dad wherever he is
thanks for the influence you made on me
I remember you driving me around
neighborhoods in Lake Charles Louisiana
when I was eight years old showing me
properties never forget that I know my
whole family packed into the back seat
of a car man my mom my mom was over here
my dad was always the driver and we did
he just drive around the room oh that's
a good one that's a good one and the
crazy thing is he was a stockbroker the
stock market was in a bull run 1958 to
1968. he he died in 68 but uh on the
weekends every weekend that's a
beautiful house over there that's a
beautiful house over there okay then my
uncle his younger brother
he was buying a Section 8 housing he was
buying little units section eight
he collected rent from the government
and he he'd go to the property he always
carried a gun with him everywhere he
went he had 80 units when he died
okay
he never knew what I was doing
never knew
so neither one of them would know would
know what I would end up doing or the
influence both of them had on me I said
dude I ain't gonna get 880 units I'm
gonna get 8 000 units her eyes would
just light up but they've seen some of
your deals today like whoa they'd be
like oh my God you own the whole
neighborhood bro like
I can show you guys how to do this and
I'm happy to show you how to do you just
got to show up you just got to hit the
little link Grant cardone.com wealth
risk the two 297 risk it risk it for the
biscuit
okay risk the 297. you get to write it
off dude 297 just for the that that
Mastermind
is a ridiculous deal 100 the rest of
this stuff whatever yeah I'll send you
the cash flow house hey you just wear
Rock the cash flow had out in public
okay watch how many people stop you
watch how many people stop you in public
say man you know Grant Cardone okay
because I know you now I just spent the
last two hours with you God bless you
guys Happy Father's Day please take
advantage of this they're going to take
it down in 10 minutes nine minutes okay
thank you for being here thank you for
your time and please do a good review on
this uh on on social media what did you
take away give me three things that you
took away I'm gonna give one person a
thousand dollars cash for the three best
takeaways from today just throw it up on
Twitter I'm trying to get more followers
on Twitter throw it up on Twitter add my
name at Grant Cardone I'm gonna send one
person a thousand real estate training
no hashtag 10x hashtag 10x hashtag 10x
God bless you guys
if you don't know who I am just look up
Grant Cardone and Cardone Capital you
look up the name Cardone Capital every
single deal
Interactive
real estate Master Class
multi-family Field Guide deal tracking
sheet I'm gonna send you this 10x Swag
Box but
okay I locked down on a building and
this building's got like
every one of them
guarantee you that
every one of you I guarantee you you're
gonna be like 10 Millions nothing bro I
could do a hundred
guarantee you that okay