I think, I definitely do not believe that Cardone Capital is a scam.
Grant Cardone is a self-made millionaire, who may eventually be a billionaire.
He's a great salesman and marketer.
Even so, can it be worthwhile for you yourself to spend money on Cardone Capital ? Probably NOT.
By investing in Cardone Capital , you give complete discretion to Cardone Capital on the way to handle your money.
You're unable to get into your cash early.
And...the returns you'll experience are most likely vastly inferior than it would be if you merely bought the S&P 500 index or a REIT.
Both S&P Index and REIT are both extremely liquid, and you don't have to stop control over your money.
What is Cardone Capital?
To start with, what precisely is Cardone Capital ?
Started by former salesman and current real estate investor Grant Cardone, Cardone Capital is a syndicate – or crowdfunding – real estate investing platform.
The company identifies, acquires, manages, and exits highly profitable real estate properties and then allows investors to collect cash flow distributions and enjoy the appreciation of assets.
How Does Cardone Capital Work?
Cardone Capital raises capital to purchase property by establishing private equity funds.
Investors buy units in these funds and the firm uses the capital to get existing multi-family properties, usually in the 100's of units and sometimes even multiple buildings and locations per fund.
Cardone Capital manages the acquisitions, handling operational overhead and maintenance.
It then collects rent and distributes the income to the investors every month (more how they do that later).
This arrangement allows investors to have a steady passive income without having to master the intricacies of acquiring and managing a property.
How Can You Earn From Cardone Capital?
As with investments of this kind, how much you can earn from Cardone Capital clearly depends on the amount of money you invested here.
But while some of those investments have a threat of losing money, Cardone Capital does not. Indeed, based on their history, it seems as if they never had accurate documentation of losing money for his or her investors.
Cardone Capital's funds are made to generate 6% cash flow with a 15% annualized internal rate of return for investors. Cardone Capital investors may also be entitled to a 6% preferred return.
One important thing to take note of before investing in Cardone Capital , is these investments are designed for a 10-year period and haven't any exit. This means, you can't just back out from your investment easily, and you've to attend until at least 10 years before you can pull out.
Thus, these investments aren't for the trigger-happy. This can be a long-term investment play, so don't invest any funds that you might not need.
Verdict For Cardone Capital
The amount of people renting is higher than it has been doing days gone by 50 years.
Industry is massive and Cardone Capital offers average investors an in on this lucrative investment opportunity.
Of course details nothing is guaranteed and you still need to weigh up the pros and cons of investing and read the little print.
I really hope you found this overview of Cardone Capital useful.
I wish to end on the fact I have just respect for Grant and even although you don't spend money on Cardone Capital you must still check his YouTube out and follow him on Facebook.
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