How to be a millionaire in Real Estate

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Ray Abboud comes on Ask the Pro and talks about his rise from college dropout to multi-millionaire. He got his start with getting his real estate license because of a passion for real estate. He was strictly an agent at first but later evolved into buying and flipping, renting investment properties, and then into his own company Cash Now PA, which is now a real estate company that specializes in selling completely renovated homes. During the 2008 crash Ray had money saved up and was able to purchase many apartment units, and today he has a portfolio of 224 rental units which bring in $2 million a year in income. Ray’s advice for someone just getting started in the real estate game are as followed: 1.Be selective with what you buy. Do your homework. 2.Make sure it has the right income in it. Map it out. 3.Pick a good team around you. Check Ray Abboud out at: CashNowPA.com
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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.