Investing in multifamily properties is the only decision I’ve ever made that allowed me to turn $3,000 into billions as a real estate mogul.
Everyone thinks that investing in stocks, cryptocurrency, and other assets is all the rage. But those are risky and you may never see a return on your investment.
Real estate is the only real asset that appreciates over time and can provide you with endless cash flow.
How My Real Estate Mogul Story Started
I started investing in real estate over 20+ years ago so I could grow and multiply my money.
Before that, I’d tried investing in everything I could. But every choice was either too unstable or didn’t produce enough $$$.
So, I focused on the one cash flow machine that generates recurring passive income every month for me.
Real Estate Is My Solution
I decided to learn all about the industry — properties bought with debt, how to manage tenants, and anything that would help me reach my end goal.
At first, single-family homes were at the top of my list, but I quickly realized that the money certainly wasn’t in those properties. It was time-consuming and didn’t give me the cash flow I wanted, so I sold them all and moved on.
Apartments Are My Key to REI Success
I started buying apartments. The complexes were no smaller than 32 units in areas with positive migration. And that became a consistent source of income each month.
Next, I brought on a partner to help me manage the deals and properties. Then, I found a property manager to lease out my properties and handle all the money from them.
The next 15 years, I spent my time and money buying better deals and building my income. Eventually, I focused on the South East Market, and since then, I’ve grown exponentially.
It doesn’t take much to start real estate investing. I took the $3,000 I had and turned it into billions within about 20 years.
I’m excited to share with you step-by-step how I invested in real estate in my upcoming training. You’ll learn how I find and buy deals, negotiate deals, underwrite deals, buy deals with little to no money, use debt for deals, and so much more.
Register for my LIVE Real Estate Training now and learn how I made secure, passive income for the rest of my life.
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 a financial professional before you invest, and we accept no liability whatsoever for any loss or damage you may incur.