335: REI "Cardone Capital vs Wall Street"
The Cardone Zone
06/11/18
•33m
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The vast majority of good real estate is bought by, and owned by, the super wealthy. Not wealthy individuals, but mega-wealthy companies like Blackstone, Allstate and Met Life.
And, the reason they have preferred access to these deals is that Wall Street wants you to keep investing how you have been.
Wall Street wants you to buy a house, a duplex, and invest in a 401K or a Keogh plan. They don't want you investing with someone like Grant Cardone or in real estate.
In fact, they've stacked the deck against you. if you make less than $200,000 per year, you wouldn't qualify as an accredited investor to invest in these large real estate deals. This type of investor can invest in an accredited fund which costs very little to establish. Which, in turn, is very lucrative to those putting it together. Compare that to a non-accredited fund which can cost $500,000 to $1 million. There's no incentive to create that type of fund usually. The costs are too high.
Grant is changing all of that. He's taking on Wall Street and is creating his first non-accredited fund right now. And, the investment will be an equity investment – meaning you have the benefits of owning. You'll receive depreciation, cash flow, and appreciation.
Previous Episode
334: CZ "Cash is King"
June 8, 2018
•46m
Cash is king. You've heard this expression, time and time again. But the truth is, cash is not king. Cash flow is king.
Inflation makes your money worthless. It takes eight times the money to buy the same product or service today as it did in 1958. That means, what your $1,000 bought back then, it takes $8,269 to buy the same thing, today.
You need to invest your money to have it be worth anything. Cash does no good in the bank.
Here's what to do with your cash:
1. Invest in yourself to increase your income 2. Invest in your business to increase your income 3. Invest in real assets that produce cash flow
Make sure to take your cash and buy things with it that will make you more cash!
Next Episode
336: G&E "Life Strategies"
June 13, 2018
•36m
To be successful in, and at, life and create what will truly make you satisfied, you need to visualize it. Your life isn't your job, it's not your marriage, it's not your kids or the people in it. Don't limit yourself. Visualize and plan who you want to be, and how you want your life to be.
1. Prioritize the life you want. This is not putting your family first, your role as a husband or wife first, or even your role as a parent. It's putting yourself first and understanding what you need. By being whole, you'll enjoy others and situations as a compliment to your prioritized life, and not a "fix" to complete you.
2. Identify and avoid situations that aren't good, but occurring over and over. Stuck in traffic constantly and getting home angry and frustrated? Change it. Move closer to work. You can't be a good partner, parent or contributor if you are shut down, angry, and upset. Is your health upsetting you? Fix it, do what you need to do to feel better about yourself or take action to heal.
These are not short-term fixes or goals. Create a life that no one can destroy. The potential is in all of us. Make a decision and commit. Pursue living a great
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