Another one of those who make money online programs to create money by renting out houses.
But, hey, if you want to get into an expensive market just before it’s about to implode…
Don’t be surprised when you’ve lost thousands of dollars and your parents criticize you.
It’s meant to show you how to become a real estate tycoon with a six-figure income.
However, most individuals like you, who are bound by budgets and student loans, will never afford it.
That’s the truth. You won’t get rich buying a single property that only makes a few hundred dollars a month and has a lot of liabilities and bad tenants.
And because we have to be honest for this review.
Cardone Capital is a course that teaches you about real estate investing.
If you’ve read my other articles on real estate investing, you’ll know there are 3 primary ways to invest:
Wholesaling, buy-and-hold, and flipping.
While they each have their pros and cons, there is a ton of potential for success investing in real estate.
Real estate has created some of the largest fortunes in world history.
That being said, you should take some time to seriously think about something:
Is now the best time for YOU to get into real estate investing?
Because despite the potential upside, investing in properties or land takes a lot of capital, and is very labor intensive.
That means if you:
- Have less than 3 hours per day, OR
- Aren’t sitting on $20K+ in disposable income
This may not be the best time for you to start investing in physical real estate.
Don’t get me wrong, real estate investing can be an amazing way to protect your assets while generating cash – but there’s a time and a place for it.
But there’s good news!
All you need is a system to generate you the cash (& free time) you need to be ready for real estate investing.
My preferred method of getting there is by becoming a Digital Landlord
It takes the benefits of real estate investing, but removes many of the barriers (& annoyances), like::
- Small cash flow on properties
- Having to take out debt
- Dealing with repairs and upkeep
- Dealing with tenants
The cool part is that the income is mostly recurring (AKA semi-passive).
You could make anywhere from $2,000-$10,000+ per month doing it.
You can build it as big (or small) as you feel like, without the annoyances I listed above.
If that sounds interesting, you might want to think about becoming a Digital Landlord.
Then, you can take the profits and start investing in physical real estate a year or two from now.
If you wanna see what Cardone Capital looks like on the inside, keep reading.
About The Founder Grant Cardone
Grant Cardone never imagined he would be in the position that he is in now.
When Grant was 25, he was down and out and addicted to drugs.
But with a lot of hard work and discipline, he turned his life around and become one of the top real estate gurus.
Grant used to be terrible at sales, despised it even!
But he became better at it, and now he has a real estate portfolio worth around $350 million. He believes that, as his book suggests, you either sell or get sold. So I guess he learned to sell!
Furthermore, he is also a New York Times bestselling author, the world’s #1 sales trainer, and an internationally famous speaker on leadership, real estate investing, entrepreneurship, social media, and finance, according to his bio on the Cardone Capital website.
Cardone Enterprises, The Cardone Group, and Cardone Acquisitions are his companies.
He travels the world as a motivational speaker, recognized for his 10X mentality, in addition to all of his real estate investment transactions.
Is Cardone Capital Legit?
While Cardone Capital does not provide any financial information (which seems concerning), Grant Cardone has a long track record of success in the residential real estate market.
I’m tempted to believe that everything is sound financial with figures like his.
There are specific stats out there, and if that data is to be trusted…
Cardone Capital oversees a residential property portfolio with over 7,700 units valued at over $1.7 billion!
That’s quite impressive.
Furthermore, Cardone Capital focuses on acquiring properties that provide a consistent cash flow for investors.
Why?
Because those cash flows might rise over time!
Additionally, avoiding new ventures or properties that have been unoccupied for a long time reduces the chance of financial loss.
Cardone Capital’s Performance Over Time
The Jury is still out on this one, owing to a ten-year hold by Cardone Capital. I can’t say this isn’t a positive thing because it’s precisely what most long-term investors are looking for.
Because of the long-term model in place, it is challenging to determine whether Cardone Capital and its madness for investors has a successful method.
Cardone Capital Management
Grant Cardone has been investing in real estate since the mid-1990s. He is the founder and CEO of Cardone Capital, a syndicate or a crowdfunding platform for Real Estate investors.
The company attributes its success to his leadership and strength, as well as the success of its investors.
As I’ve already said.
Cardone Capital is known for managing real estate worth approximately $2 billion!
Further, it has also raised over $425 million from over 5,000 investors and completed more than 70 real estate deals totaling $2.1 billion since 2016.
How Does Cardone Capital Make Money?
If you’re looking to find the secret sauce, don’t get your hopes up. Sorry to disappoint you. Cardone Capital gets its properties from the usual suspects such as public listings, brokers, and private transactions.
However, it should make you feel better to know that your money isn’t going somewhere unsafe if you invest.
Cardone Capital is now investing in Cardone Owned properties using its profits.
The best part is that Cardone Capital has previously gone through the necessary steps and owns a substantial chunk of the real estate investments.
What makes you think this is a good thing?
They have aligned both their investors‘ and their interests by allowing them to have both upside and downside risks with skin in the game.
But it isn’t all sunshine and rainbows.
One feature of Cardone Capital’s investment strategy may result in a conflict of interest between the parties.
Currently, most Cardone Capital funds are invested in Grant Cardone’s minority holding firms.
While it’s great that these assets passed the vetting process, Grant Cardone is legally your manager and, therefore, the seller of the property that you put your money towards.
That said, it’s easy to understand why some individuals are hesitant to hand over their control.
But it doesn’t end there.
No, Cardone Capital owns a whopping 35 percent of the funds’ equity!
Whether you like it or not, you’re putting your faith in Grant Cardone to properly manage your money at Cardone Capital.
And for obvious reasons, putting your money in someone else’s hands will always be a risk. So you just have to ask yourself if the risk is worth the reward!
Who Can Invest With Cardone Capital? What Is The Minimum Investment?
Cardone Capital offers accreditedand non-accredited investors real estate crowdfunding options in multifamily residential properties.
Because they file regular disclosures with the SEC, non-accredited funds receive more information about their structure, fees, and performance.
That is, assuming people take the time to read them.
Cardone Capital’s $5,000 investment minimum is more significant than several competitors. If you don’t have $5,000 to invest, consider alternative options, such as a real estate investment trust (REIT).
If You Are A Non Accredited Investor, You Have To Have At Least 5k To Get Started In Cardone Capital.
For those of you who are accredited investors. We’re talking about a minimum of $100,000 here!
That’s one of the most stringent requirements we’ve seen for authorized investors.
Real estate investing prospects requires a lot of money. Whether you decide to work with Grant Cardone’s Cardone Capital or not.
The question is, who do you put your faith in more?
You are reading this post about real estate investing or Grant Cardone, who has approximately $2 billion in real estate assets.
What Are Cardone Capital’s Fees?
Compared to what you might get elsewhere, the fees are pretty affordable.
There is a 1% disposition fee for any property transactions, a 1% acquisition cost for property purchases, and a 1% annualized asset management fee.
There are various other charges and fees associated with each startup fund that will deplete your investor funds on top of those fees.
According to an average of prospective capital raises for each fund, around 87 percent of your investment capital will go into property acquisitions, with the rest covering launch costs and working capital.
Cardone Capital Keeps 35% Equity In Each Fund Without Committing Any Capital.
The good news is that most investors have seen a return of 6% on average, which is more than any other general investing opportunity.
Unfortunately, this is still not a particularly investor-friendly alternative because Cardone Capital offers a sizable profit without putting any capital at risk.
Cardone Capital Returns
Cardone Capital has stated that its investors have never lost money based on its track record.
Their funds aim for a 6% cash flow target and a 15% annualized investor internal rate of return. It offers a 6% preferred return to accredited investors..
Cardone Capital‘s funds are structured for ten years with no exit strategy. This is a long-term investment, so don’t put any money down that you might need later.
Is Cardone Capital A Scam?
So, time for the $1,000,000 question – is Cardone Capital a scam?
No, not technically. You can 100% make money with this program, though it’s not nearly as simple as they make it seem.
As with most businesses, there is A LOT of work to be done up front & no guarantee of you being successful.
Not to mention the profit margins are typically pretty small.
Don’t get me wrong, I’m a big proponent of front-loading work now, so that you can reap the rewards later.
But if I’m gonna do that, I want the rewards to be HIGH and virtually guaranteed.
I’d rather put in that same 3 months of work (in my spare time) & build a handful of Digital Rental Properties that each produce $500-$2,000 checks every single month afterward (AKA recurring income).
And the cool part is that you can do it in a lot less time than 3-months (I personally did it in my first 2 weeks of being a Digital Landlord).
Unlike physical real estate, you can do it from anywhere in the world, so it’s a genuine “laptop-lifestyle” business.
All you need is an internet connection.
Some of my friends are Digital Landlords that run their 6-figure businesses from:
- Camping trips at national parks
- Beachfront in Hawaii
- On the road in a camper-van (with a pet pig!)
They focus on living an enjoyable life first, and focus on income second. All thanks to this program.
They can take weeks or months off, and money keeps rolling in.
Living happily is the top priority.
If the thought of living perpetually at your dream vacation spot interests you, being a Digital Landlord might be for you!
Conclusion
It can be difficult for a rookie real estate investor to wait five or even ten years to earn a significant profit.
However, if you’re ready to wait ten years for your investment to pay off, giving up money to a real estate mogul worth 1.7 billion dollars isn’t a bad idea. What I’m trying to say is, there are far worse investments you could make.
Because it is under Grant Cardone’s control, this is also a fantastic option for anyone wishing to increase their passive cash flow.
However, we believe there is a better approach to generating passive income using the concept of real estate.
What Is Our #1 Recommendation For Making Money In 2022 And Beyond?
I’ve personally tried all of the major online business models:
- I’ve sold fidget spinners through Amazon FBA
- I’ve drop-shipped a toilet-bowl putting green on Shopify
- I’ve sold women’s health supplements via Clickbank affiliate marketing
And I made money with all of them, so trust me when I say: there is no “perfect” business model.
It’s worth noting that I FULLY endorse real estate investing as a way to grow wealth, and that’s why I invest my own money in commercial and residential real estate.
That being said, my #1 recommendation for making real money online as a beginner is, hands-down: being a Digital Landlord.
Whether you’re a complete newbie, or you’ve been around the block before but have never had that “big win” to propel you forward, becoming a Digital Landlord is for you.
Why?
1.Time: If you’ve got a spare hour-or-two each day, you can do this. If you want to drop everything and go all-in, you can do this. More time obviously means faster results, but even putting in a few hours per day is enough to see real success.
And because of that flexibility, you don’t need to trade your time for money. Once the income starts, it’s recurring.
That means you can take a month off, travel the country, pursue a passion project, chill on the beach, or charter a boat across the world.
But you can only do that once you’ve created an income stream that doesn’t require YOU to be there all day, every day.
Real estate investing is a FULL TIME JOB. If you stop finding deals, your money dries up.
2.Ownership & Control: Unless you’re buying your properties in cash, you don’t technically own the properties – the lender does.
If you miss a single payment, the property can be taken from you.
Why pour your soul into a business that could be taken away from you at the drop of a dime?
When you’re a Digital Landlord, you literally own all of the assets, which means you have ultimate control.
3.Ongoing costs: With real estate, profit margins are actually pretty slim. Real wealth is made in owning the assets, and owning A LOT of them.
Being a Digital Landlord, your profit margin is nearly 100%. Watch here to learn how.
Just a reminder: these Digital Rental Properties are worth (at a minimum) $500/mo in semi-passive income. And each time you create another one, your income increases, and the effort put into creating the next property decreases.
Best case scenario, you have properties bringing in over $3,000+/mo on auto-pilot.
4.It’s Effectively Copy-Paste: Here’s my favorite part: once you have your first Digital Rental Property up, you can literally copy-paste another version of it and find another willing “renter” in a few days. DOUBLING your income doesn’t get much easier than that…
If you wanted to double your income with real estate investing, you would need twice as many properties, or double your profit margins on each property. And I can guarantee you , that’s a lot harder than a few clicks & a phone call.
5.Make Money Helping Real People: When you’re a Digital Landlord, you’re helping solve REAL problems that people are ASKING for help with:
Small local businesses around the world need one thing: customers. Without them, their business would fall apart. If we can provide those customers, they’re going to be really happy – and they’re going to pay you for it.
You’re helping a struggling mother or father put FOOD on the table for their families, put their kids through college, or simply live life a little bit more comfortably.
Having this type of impact on the world is what will help you sleep soundly at night.
So, the rest is up to you. You could keep looking at other opportunities Cardone Capital, which might make you money.
You could keep researching and researching for the next few months (or few years), never making a concrete decision.
OR, you can look deep inside, think about those dreams, hopes, & desires, and make the decision to ACTUALLY make it happen, just like it has for thousands of other students before you.
Making a fortune while actually helping real people that need it.
If this sounds like you, click here to see how it all works.
