Single Family Homes are Endangered Species – Real Estate Investing Made Simple with Grant Cardone

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The number one mistake for millennials is NOT buying a home???? Wrong. You don’t need a home, you need cash flow. Never ever buy a house. It’s not a dream, it’s a death trap. It doesn’t multiply your money! David Bach recently came out with advice for all millennials: 1) Do a 15 year mortgage 2) Buy small 3) Brown Bag your lunch every day This advice is terrible if you want to get super wealthy. Instead, get into multi-family real estate investing. You need more than one door. Homes only go up in value with the neighborhood around it, and most homes don’t give you a good exit plan. If you want a more sure investment, you want many doors and cash flow! Watch the full show to get ALL the reasons why a home is not a good deal.
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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.