People ask me all the time, “Grant what advice would you give your 20-year-old self?”
Man, I was so messed up when I was 20. It’s unbelievable.
I was in college but wasn’t committed to college. I was borrowing money to go to college, but skipping classes. College was a mistake for me.
I was using drugs and alcohol almost daily. And I was making all the wrong decisions and didn’t know where I was going.
I had lost my way. And I had lost my purpose. I had lost the idea that my dreams could come true.
I’d had a couple of really big losses in my life. I’d lost my dad when I was 10. And then I lost my older brother when I was 20. Both of these guys were my role models to me.
I didn’t have a mentor or anybody to talk to. I didn’t have somebody that would share their experiences.
And I wish I could go back and make some different decisions. But I can’t.
So look, 20-year-old me. Here’s the first thing I would tell you.
Stay away from drugs and alcohol.
Leave all the drugs and alcohol alone. They are a waste of time and energy. Contrary to what people say, they do not make you more creative. Any creativity you have, you can find without drugs or alcohol.
Here’s the second thing I would tell 20-year-old Grant.
Change your friends.
I was hanging around people who were destroying themselves. You have to get away from people who are bringing you down.
Surround yourself with people who are seeking to be better. Start working with creative people who are doing things.
It doesn’t matter that you lost your dad and you lost your brother and you’re angry. Get over it man and find something to look forward to.
You’ve got to have something you look forward to doing.
My whole life, I’ve always wanted to do real estate. Real estate has always been one of those things for me. So the third thing I would tell a 20-year-old me would be…
Learn everything you can about real estate.
Real estate is the business that has allowed me to do everything. Real estate has given me true financial freedom.
I would tell 20-year-old Grant to learn everything possible about a specific type of real estate. Not all real estate… a specific type of real estate.
There’s a very specific type of real estate that has allowed everyday people to create mind-boggling wealth and lifestyles. Listen to my story and learn everything you can about income-producing real estate. 32 units and above.
So many of you out there don’t have the data and aren’t getting the right information.
You’ve got to figure this real estate thing out. The only kind of real estate to invest in today is income-producing real estate. 32 units and above that provide at least $24k a year in positive cash flow.
If you’d like to do that, I’d like to be the mentor to you that I never had.
I’ll show you exactly what you should be looking at. What I’d buy and what I wouldn’t buy. How to get financing and how to raise money for it. How to create a partnership if you want to know how to manage it.
And most importantly, how to exit it. Because if you can’t exit, then you’re trapped.
I started with one unit on my first deal. My second deal was 38 units. And my third deal was 48 units. My fourth was 92 units. Today, I have $4 billion in real estate assets.
I don’t want you to make the mistake of buying the wrong stuff. You need to invest in the right kind of real estate.
I will show you how to invest in the right kind of real estate that will provide you with financial freedom.
My last piece of advice is this…
Help a lot of people.
When you make it, help a lot of people. You can’t help anybody if you don’t make it.
So, that’s what I’m telling my 20-year-old self.
Stay away from drugs and alcohol. Change your friends. Learn everything you can about real estate. And then…
Invest in income-producing Real Estate that will be here 20 years from now. It will take care of you and your family. It will take care of your family and your charities for decades (probably centuries to come) after you’re gone.
I’ll show you how I do it here. Go here to learn how to invest in the right kind of real estate.
Disclosure: This content is intended to be used for educational and informational purposes only. Before investing, you should always do your own analysis based on your own financial and personal circumstances before making any investment. Grant Cardone is an industry expert who has been investing for over 30 years and his opinion is based solely on his own personal experience and circumstances. Individual results may vary. You should perform your own due diligence and seek the advice from a professional to verify any information on our website or materials that you are relying upon if you choose to make an investment. Investment involves great risk and there is no guarantee of performance or results.
We are not attorneys, investment advisers, accountants, tax professionals or financial advisers and any of the content presented should not be taken as professional advice. We recommend seeking the advice of financial professional before you invest, and we accept no liability whatsoever for any loss or damage you may incur.