How to Handle Drug Use on Your or Your Neighbor’s Property

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New laws are changing the way drug use is tolerated, but should that change how you’d handle it as a landlord or concerned neighbor? Drug activity in an abandoned residence in your neighborhood is bad for a number of reasons, not the least of which is how it could affect the value of your home. But what about dealing with a tenant who smokes marijuana in a state that allows its use for either medical or recreational purposes? What are your rights as a landlord and what, if any actions should you take to protect your real estate investment? Ilyce talks drug use and marijuana legalization on this episode of Big Money Real Estate. Check out Ilyce’s Intentional Investor Series to learn everything you need to know to become a successful investor in real estate.
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Star of Discovery Channel’s “Undercover Billionaire,” Grant Cardone owns and operates seven privately held companies and a private equity real estate firm, Cardone Capital, with a multifamily portfolio of assets under management valued at over $4 billion. He is the Top Crowdfunder in the world, raising over $900 million in equity via social media. Known internationally as the leading expert on sales, marketing, and scaling businesses, Cardone is a New York Times bestselling author of 11 business books, including “The 10X Rule,” which led to Cardone establishing the 10X Global Movement and the 10X Growth Conference, now the largest business and entrepreneur conference in the world. The online business and sales educational platform he created, Cardone University, serves over 411,000 individuals and Forbes 100 corporate clients throughout the world. Voted the top Marketing Influencer to watch by Forbes, Cardone uses his massive 15 million plus following to give back via his Grant Cardone Foundation, a non-profit organization dedicated to mentoring underserved, at-risk adolescents in financial literacy, especially those without father figures.