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Real Estate Investing Made Simple – 5 Lessons to Learn Before Investing in Real Estate – Real Estate Investing Made Simple

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Real Estate Investing Made Simple – Highest Rated?

My advice is to study in-depth and emulate one wealthy, successful person.

Case in point, Warren Buffett’s information about investing impacted me in a huge way and it was his advice that led me to start investing in real estate.

His opinion on Investing:
1. DLM. Don’t Lose Money!
2. Cash Flow. Invest for cash flow.
3. Long Term. Be in the investment for the long term.

Since I’ve started investing in real estate I’ve learned a lot about the industry and gained a tremendous amount of knowledge. Here are five of the most important areas:

1. Know Your Market. Investing in Orlando, FL is very different than the Miami area. You need to know the property and location.

2. Never Invest in One Door. Investing in a house, duplex or a small property is not going to generate enough cash flow to cover the deal’s debt, your management time or generate passive income. Always invest in 16 units or more.

3. Know Your Debt Partner. In this case, you need to know your bank. You need to understand the terms offered, what the bank’s strengths are, their area of specialty, etc.

4. Calculate Returns Over Years. Never think short term. Don’t think in months. You need to think long-term and what cash flow you’ll see over the investment term.

5. Exit. Determine how you are going to exit the investment. You should know your audience – who the potential buyer of the property is going to be years from now. Know who your buyer is on the way out.

These points are general categories of information to be aware of. For example, “Know Your Market” has much more information and detail to know to be an effective and informed investor. For example:

-Rents. You need to know what rents are in the neighborhood.
-Jobs. What is the employment rate, industry and companies that fuel the rent situation?
-Occupancy. What is the physical occupancy of the property? What is the financial and economic occupancy?
-Tenants. Who are the tenants, their history and the type that rent there?
-Location. Where is it? What is it near? Is it a transition neighborhood? A few blocks can change things dramatically.
-Owner. Know the other owners in the market along with the current owner of the property.
-Sellers. Know who the sellers are in the market and who you are competing with.
-Market Expenses. How much are utilities? Does a one, two or three-unit work better in the market? What is the unit price? Will parking, lighting push rent up or be seen as a detriment?

These are just a few of the points to consider, and just a few of what I go through when sourcing, researching and deciding on real estate deals for Cardone Capital investments.

Remember, Cardone Capital differs from other funds in these areas:
1. Partner. We do deals as partners with ownership.
2. Assets. We closely review, tour and investigate potential deals.
3. Monthly Income. We do a monthly distribution of cash flow.

Invest. And be smart about it.

Be great,
GC

►Where to follow and listen to Uncle G:
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#business #realestate #investing #GrantCardone #10XRule #SalesTraining #SalesMotivation

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26 Comments

  1. Al Gebra Pierre
    July 31, 2021 at 3:33 am

    42:00

  2. John Amaan
    July 31, 2021 at 3:33 am

    Master Grant you are only ONE in All. You are THE BEST for which I too am aiming for. Appreciate it very much.

  3. cannabis connoisseurs club
    July 31, 2021 at 3:33 am

    O live in boston and ive been calling brokers telling them i love the deal. This definately works. Thats great insight that i know my exit by the competitors.

  4. Anthony Dooley
    July 31, 2021 at 3:33 am

    Rules are made to be broken. One size, one market, one strategy does not fit all. There is more than one way to success and people that are creative can take advice from multiple sources and do things that have never been done before.

  5. Red Red Blue Music
    July 31, 2021 at 3:33 am

    What is your favorite source for info on a new market – to learn about the rents, the owners, the tenants, etc.?

  6. Bogdan Vintila
    July 31, 2021 at 3:33 am

    Great show Grant! Will the book be coming out in audio format also? I love the energy you put into reading your books, I have all of them!

  7. SEANB
    July 31, 2021 at 3:33 am

    You need a white to call for ya,i like that,thanks for keepin it real!!

  8. sebastuen hilaaire
    July 31, 2021 at 3:33 am

    Best to watch

  9. Gina Sahota
    July 31, 2021 at 3:33 am

    Uncle G keeping it real ✌️

  10. Judy Mays
    July 31, 2021 at 3:33 am

    Grant is so right about the brokers. Most are lazy and just waiting for the Grants of the world to call them. Also keep in mind that the telephone is a lost art. That's why GC's team does so well, because they are on the phones all the time. As Grant said, you're not buying, you are selling. There is a language attached to commercial real estate which is different than residential. Real telephone pros are hard to find, but valuable!

  11. Amin Akhmadi
    July 31, 2021 at 3:33 am

    21:42 ~! ! !!!

  12. Amin Akhmadi
    July 31, 2021 at 3:33 am

    18:40

  13. D Paul
    July 31, 2021 at 3:33 am

    <Danny-RO>

  14. D Paul
    July 31, 2021 at 3:33 am

    <Dunce>

  15. King Rich
    July 31, 2021 at 3:33 am

    You are the GOAT. Can't wait to get the book uncle g

  16. Tony Gunn
    July 31, 2021 at 3:33 am

    what is 84,000?

  17. Mitch Gunning
    July 31, 2021 at 3:33 am

    Caller Number #2 can you get in touch with me?

  18. Brodacious
    July 31, 2021 at 3:33 am

    By the end of these videos I usually have a page of 9 by 12 full of information front and back

  19. Szabolcs Komáromi
    July 31, 2021 at 3:33 am

    "It's far better to buy a wonderful company at a fair price than a fair company at a wonderful price." Warren Buffett

  20. Bryan Johns
    July 31, 2021 at 3:33 am

    So me getting a triplex apartment building from my credit union with with low rate and staying there as I’m renting it out also it’s this a good thing to do?

  21. Janith Wickramasooriya
    July 31, 2021 at 3:33 am

    GC is doing a great job helping people. Thanks sir

  22. King Nnaji Gandhani
    July 31, 2021 at 3:33 am

    Those 3 idiots who dislikes this video are second-hand life #DeadMeat

  23. backwoods p.n.w
    July 31, 2021 at 3:33 am

    If people would just listen to Grant, he will change your LIFE! Thank you, Grant Cardone!

  24. john h
    July 31, 2021 at 3:33 am

    Ryan getting everything wrong, what's new lol joke

  25. 2TallNegrito7 CMN
    July 31, 2021 at 3:33 am

    Hello Mr. Cardone, my name is Jave Pizarro and currently I am in the VA medical center getting sober because my father has giving me two houses and land in Puerto Rico. How can I make you my physical mentor? You know shadow you and learn the business. I am hands on type of man and I truly want to make the most out of this opportunity. If you could reply @jave_pizarro@yahoo
    Com or @2tallnegrito7@gmail.com

  26. David A
    July 31, 2021 at 3:33 am

    The best show on Monday.