the way you visualize the deals and vision you see it is A1. love the business mindset and vision you provide on real estate. coming from a field of owning cellphone shops you make real estate easy to understand 👌
My first investment with Mrs Sandra James gave me profit of over $24,000 us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known
So while crisis come's up .Bitcoin climbs lol 😆 Now i say crypto is better than stock investing in crypto should be in every wise individual to do list .
I would not classify this as a negative comment. When I first started watching your videos 8 months ago. I had reservations every time you brought up a less than 32-unit deal. I had to remind myself be open to listening and understanding the information being given. So as to gain new perspective you must be willing to understand what the person is saying, not just listen to them talk and wait to be heard. It clicks with me now why you Uncle G advise us to not start small. I appreciate your words and actions to help us become the best us! KEEP IT UP
So the trapped equity is the amount you bought the property for minus the amount of it’s worth, the $180,000.00- $600,000.00 = $420,000.00. Then your generated cash flow is 10% of what you bought it for which was $180,000.00 x 10% = $18,000.00. Then the Trapped equity is what the value of the property is which in this case is a 3% of 420,000.00 which = $126,000.00. Meaning there is $126,000.00 worth of trapped income in this particular property that is giving you a cash flow return at that time of the actual percentage worth of the value of the property which can alter as the market changes up or down, like the stock market, affecting the $18,000.00 cash money flow return? Or did I misunderstand the last part about the trapped equity?
I understand the fact that tomorrow isn't promised to anyone, but investing today is a hard thing to do because I have no idea of how and where to invest in?
@@gracemichael9063 As a newbie investing in cryptocurrency will be best for you, I know of an investment manager, Mr Austin Netzely,his an expert in cryptotrading investment as you don't have to under go any stress in the trades, he manages my trading
Mr Austin Netzely!!I can't believe His a certified Broker I have worked with him for months now living all my trading worries on him to earn FINANCIAL FREEDOM.
The market is getting really interesting lately, and how do I go about this? since I heard it comes with losses just like what is happening now with me, although I'm optimistic about the next step
@Lai Bladen Do you use the service of a Market/Risk expertise. RU-vidr pretending to be an investor, like 99,99% of all RU-vidrs these days, parroting other people who also know nothing. I have yet to see any RU-vidr provide any evidence in their fantastical content
My only problem with a decentralized system is that governments don't want that....I'm not saying it's not possible but it's just unlikely...I personally believe government's will bring the hammer down on Bitcion because it's attacks their ability to mismanage the current
Thank you Uncle G for these videos, much appreciated! Have a question, if you do not mind, Is it better to pay more mortgage interest or more Taxes on a rental property, please? One accountant said that it's better to pay the mortgage off because the interest is much higher than the taxes. Somehow, I have a feeling that it might be better the opposite, to refinance the rental property and buy a second one. Thanks!
For what it is worth, it wouldn't be better to may more money for either expense. You are paying higher expenses and this shouldn't be a goal. If you are talking about paying more money than what your note calls for then you will pay off your debt faster, sacrificing cash flow to save on interest expenses in the long run. Either way, you will owe taxes (property or income) in either scenario. Either tax is hardly affected by paying a mortgage down faster, so I don't think it is a relevant comparison. To let you know, Cardone doesn't do this. He puts large down payments on properties, pays interest only for a number of years, increases the property value through increased rents, and either sells a property for a capital gain, holds the high cash flowing property, or refinance to take money out. If you refinance a property, you could take that money and invest it into other properties and build your portfolio (using what some or many investors call the BRRR method (Buy Refinance Refinance Refinance). Let me know if this helps!
Thanks for watching and commenting Don't forget to press ... the subscription button more info.consultation ... and advice ..W..H ... A .. Tš ○ A..P . .. *h+,-one-three-five-two-three-eight-eight-seven-seven-eight-one*
Hey Grant, I have 30k saved up but rerrible credit, should I pay off my debt b4 I try to do something ? Or should I wait to pay off my debt until after I make my money
@@tombella8292 exactly what he explains is what mrs Elizabeth guides me through. Am so greatful to her and to my RU-vid friend who introduced me to her
Both states do not have a plethora of positive migration going to them. Montana's oil industry is dying out and many people have moved. Alaska is too cold for people. Just my take! I am also interested to see what GC says.
My grandma is a renter and she paid off the owners house she has been living in there house for 40 years!!! There house was purchased for $70,000 back in the day!! She done paid there house lol now there house is worth 389,000 when I looked it up
30:00 hahaha love the way you handled wifey. Although she a god damn great cheerleader for you.. let her know her role!! Deals first!! promote, Promote, PROMOTE!!
Hello Mr. Grant! You are a real inspiration and im trying to be like you. I'd like to ask you if it is worth it to build building with 6 units from scratch or should i search for better deal. Thank you
Grant, I’m 21 years old studying RE Finance and Development at University of Texas. I have $200,000 to invest and want to know what the best option is. I am scouring loop net and Crexi looking for deals, but want to know the best route to go. I would like to avoid multi-family. Retail & Office is what I have been looking at most. Any advice? Thanks, HP
Hey Hunter, You mentioned that you’re studying RE finance… what holds that in? I’m from Europe (Belgium) and run couple airbnbs… have you ever thought of looking at other countries to invest? Cheers
Hey Grant absolutely love all of your contacts and I mean that. That being said your math is almost always incorrect just because you were going to quickly all the time could you please work a proposed deal out from start to finish including DCR, NOI, cap rate, expenses all the way to selling the deal or refinancing the deal and how you would do that.
Just Barely 4 weeks after our evacuation from Afghanistan i decided to give forex trading a trial for the first time in my life guess what I made a massive cash out through the teaching and management of Grant Cardone thank man
Grant - your team responsible for your audio is failing you. The sound quality for all of the inbound callers were poor at best. The studio needs to either screen the calls before the pass through to you on air or get better equipment.
Hello GC like your shows in you tube You are doing wonderful deals and you really make sense. I will be interested investing with you in some deals soon as a starter. I am working on my money but I have TE in house about 2-3 hundred k How should I invest it with you? Also your math in zero’s need some attention Thanks
Hi Grant, How do you use trapped equity (I assume its equity that is not yours yet) to made a payment for 100 mil property? I dont quite get it sorry i might misunderstand something...
Greetings from Iran. think u should definitely run for presidency and help the world! from my point of view, the best way to meet 7billion people. hit that goak
In multifamily, you increase property value by increasing rents. You can refinance when your bank sees that you new, higher cash flow figure can support a higher debt load and debt service. If you cannot increase the property value, the property would need to have a low or now debt on it to pull money out of the equity. Let me know if this helps!
This is quiet interesting to watch, given ETHs high gas fees and oncoming release of cardano ( ERC20 Converter ) and also the recent run up with binance chain
@@barrynolan1632 ill have to agree with you but considering the current situation with the cryptocurrency market alot of investors are scared to lose money
@@diannechristopher9514 Your right but thats just the irony of it because any investor who understands the stock perfectly will know that now would be the best time to buy the dips
@@markrichard4435 Thats true ill have to confess if it hadn’t been the help of my brokerage investwithsarahpearson whom i cant thank enough, i had already given up on crypto
Always straight FIRE GRANT!! Just so you guys know y’all have people in your LIVE CHAT cloning people accounts and talking down on grant. Some dude high jacked my account along with others and was commenting under my handle. So dumb. You can even jump on a live chat without worrying about hackers. Just a little heads up. How to stop it? Not even sure.
Trading crypto now would be wise, but trading without a professional is really bad, I tried to trade alone, I completely lost a lot of money till I started trading with expert John Richards that is a nice broker
@@bryant4426 Woooo that man his good work has been everywhere. Been seeing a lot of good comments about him on several places. I feel more confident investing with him, I've been on the train for over two weeks now... best Broker for life
he is the best Broker, I have tried lots of professionals but only got exceptional income trading with John Richards he is the best strategy now earning over $15,300 every 10 days
