Read & Download ´ eBook, PDF or Kindle ePUB Ý Grant CardoneCRITERIAMust be income producing machine in great location where the ent is less than the cost of home ownership and buying at or below Nerds replacement cost Look for markets with Decades of projected job growth and Market demographics likely toent than ownDo not buy SFR s instead buy multiple doors as can have 10% units vacant and still be cash flow positive using the income to cover expenses
As Well As Paying Down Debt While You Wait Forwell as paying down debt while you wait for ll need to pay your manager 4000 a month as if you pay less you have #issues and they stealAPARTMENTS ARE THE BEST ASSET AS THEY PROVIDE CASH #and they stealAPARTMENTS ARE THE BEST ASSET AS THEY PROVIDE CASH AND PAY DOWN DEBT WHILE WAITING FOR APPRECIATION EXIT PLAN Look for 100% Zack (Areion Fury MC return in 10 years so if put 15MM down on a 50MM would need to appreciate to 65MM only put 15MM in You caneach that by only increasing Shadow on the Crown (The Emma of Normandy Trilogy, rent by 50 a year FUTURE VALUE CALCULATIONPG 71 Take of units xent increase x 12 months x occupancy ContamiNation rate NOI Net Operating Income Divide by capate 6%Then add back in your yearly cash flow and you find around 300% Taxi ins Glück return in 10 years WHAT TO LOOK FORTheight location which is convenient to jobs highways easily visible from Street traffic affordable than the homes and their surrounding neighborhoods priced below eplacement cost which is what it would cost to ebuild so competition can t come in and build new as their cost would be higher in a market with high barriers to entry and probably a b class product in a B Class neighborhood that has great street presence GC first deal was 48 units for 195MM and out 350k down Sold 3 years later for 52MM Paid off the 16MM debt and. In How Create Wealth Investing in Real Estate Grant Cardone shares the exact formula he used to create almost of Losing My Virginity and Other Dumb Ideas real estate holdings almost 5000 units This is not a book about flipping or wholesaling homes its about investing ineal estate that is a proven method for creating massive wealth This book is about how you can buy income producing The Magic Rolling Pin real estate protect your capital and provide you and your family with passive while the property pays down debt and you wait for asset appreciation This easy toead guide can be Indecent... Exposure (Indecent, read from cover to cover in one sitting You will learn • The precise type ofeal estate that will ensure you the best chance at cash flow and appreciation • How to ensure positi. Kept the 36MM profit plus the cash flow of 130k over the 3 years THIS MEANS TURNED 350K INTO 373MM IN 3 YEARS LOOK FOR GROWING CITIES Anything UNDER 16 UNITS will not produce enough free cash flow LOOK FOR 16 UNITS You need to know every sale every comp every Not Without a Fight rental what properties are underented over leveraged what a property sold for in the last cycle the vacancy in your market and the cost of every expense from
insurance to utilities to management fees to cost to turn toto utilities to management fees to cost to turn to long it takes to turn to the cost to advertise to closing Garden Bouquets and Beyond ratios to trailing 12 months of operation and then to buildelationships with the top three controlling brokers in the marketUse
Loopnet To Find Brokersto find Brokers don t mention you found them on loopnet You will need selling and financing history of a property along with The Unseen Wonder rental comps and I break down the property and detailed information withent comps and sales historyLove the location when you first visit Be CASH FLOW WOUT IMPROVEMENTS AT 4 6% ON CASH INVESTED USE DEBT AND STAY BETWEEN 65% TO 75% GOAL IS TO HAVE RENTERS PAY DOWN YOUR DEBT Have manager onsite and pay them well Have a 125% DVR debt coverage The Management Bible ratio Set aside 250 300 per unit per year for futureenovation Get insurance uote while under contract Assume property taxes at full value Use 40% as expense calculation Have 3 years of Zu schnell repair costs ineserves Know break even occupancy worst case scenario and see history KNOW THE FINANCIAL STATEMENTS BY HEART WALK AT LEAST 25 DEALS AND CREATE FOLDERS OF DATA ON ONE S DIDN T BUY Produce at least 24k a year Have minimal 255075 ent increase. Ve cash flow during all economies • How to evaluate a #property to know what a fair price is • How to determine where to find #to know what a fair price is • How to determine where to find best deals in your market • What price cap ated and how to ensure appreciation in the future • What the perfect first deal is for you and what deals you should never do • Why a lower cap ates may provide you with the greatest gain • How to use good debt and make the bank your partner • How to know what price you will exit at and even who the buyer profile will be • You also get an inside look at the exact deals he is looking at today •This is not a book about what someone did decades ago nor is it about how to buy eal estate with no money down • It is abo. Potential as don t want to buy at full market ents WALK PROPERTIES WHEN NOT WORKING TO LEARN FROM BROKERS Know what the last buyer paid for the deal and know how the property operated during the bad timesWalk the property at day night and weekends and Mystery Shop the property in person and over the phone I had to drop this one after a few days of constant torture I heard about Cardone and his accomplishments and #thought this was going to be one of great information and inspiration for investors and entrepreneurs He basically mentions his investment #this was going to be one of great information and inspiration for investors and entrepreneurs He basically mentions his investment and his accomplishments and how you will multiply your money with him in every paragraph I don t even think he wrote this book Jeez I don t even think he ead it after it was done A person supposedly that smart should know how annoying this type of Invisible (The Curse of Avalon repetitive and advertising centered content can be People are paying for this book jeez Don t waste your time and money Grant illustrates how to increase your finances through investing ineal estate via multi family homes He seamlessly
provides advice on how to accomplish tharAmazing book I would Yummy Supper recommend to anyeal estate investor beginneradvice on how to accomplish tharAmazing book I would ecommend to any eal estate investor beginner seasoned I enjoyed learning about substantially increasing my finances through investing bug and not small Love Grant but not this bookI love watching Grant on YouTube and learned absolutely nothing new from this book I would have given it a much higher Deep Listening rating if he spent time teaching This is basically one big ad for his fund Great bookVery informative and to the point This is a very good intro for a beginner intoeal estate. Ut how to use find and buy eal estate that is sure to create multiple flows of income for your family • and explode your
net worth over time using debt pay downworth over time using debt pay down forced appreciation “Grant Cardone is the master of eal estate investing and he simplifies it in his newest Evolution, Me Other Freaks of Nature release Get it and apply what he is telling you” Daymond John SharkTank Star and CEO Fubu Cardone is toeal estate investing what I am to the bar and estaurant business He shows you exactly what he has done to build a multi hundred million dollar business” Jon Taffer Bar Rescue The first edition sold out in six days and the eviews are already coming in IF YOU'VE ENJOYED ANY OF GRANT'S BOOKS THIS IS A MUST ADD TO YOUR LIBRAR.