How to Buy Your First Real Estate Deal with Grant Cardone


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Buying Your First Deal—Real Estate Investing Made Simple: Here are 4 things you will need to do to get your 1st deal in real estate:

1.Find a deal— People think it’s easy getting into real estate but it’s not. It takes reading report after report. You have to find a deal and that’s harder than people think.
2.Analyze it—Do you know what to look for in a deal? Do you know the terminology?
3.Finance it— It’s expensive getting a big deal. Buildings with 50 units or more are out of reach for most people. Most can’t get the debt, let alone the down payment for a $30 million-dollar deal. This is probably the biggest problem that scares people away from investing in multi-family
4.Manage it— Every building comes with tenants, termites, and toilets. If you have the money but not the time, if you have a job that you’re making a lot of money with, if you’re the CEO of a company you don’t have the time to work with the tenants, termites, and toilets that come with a property.

You can be a passive investor and not have to worry about finding the deal, analyzing it, funding it, or managing it. Those are the problems I’ve had and the problems you’re going to have if you go at it alone. So I’m going to offer you something. To qualify for my offer, you need 3 things:
1.You need to be an accredited investor
2.You need to love real estate and be a positive person.
3.Email Ryan@cardoneacquisitions.com for more details

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Grant Cardone is a New York Times bestselling author, the #1 sales trainer in the world, and an internationally renowned speaker on leadership, real estate investing, entrepreneurship, social media, and finance. His 5 privately held companies have annual revenues exceeding $100 million. Forbes named Mr. Cardone #1 of the “25 Marketing Influencers to Watch in 2017”. Grant’s straight-shooting viewpoints on the economy, the middle class, and business have made him a valuable resource for media seeking commentary and insights on real topics that matter. He regularly appears on Fox News, Fox Business, CNBC, and MSNBC, and writes for Forbes, Success Magazine, Business Insider, Entrepreneur.com, and the Huffington Post. He urges his followers and clients to make success their duty, responsibility, and obligation. He currently resides in South Florida with his wife and two daughters.

20 Responses to How to Buy Your First Real Estate Deal with Grant Cardone

  1. r d

    So I am going to get my first unit soon. But i have little capital. I already know a good friend doing what you do. Is it a good idea to get in biz with her? What are your feelings on partnerships? Thnx GC

  2. Kimo Kalihi

    Grant, you probably won't see this since this video is older but I have a question. I have 50k in my 401k. I want out of my job. Hate it. Within two years I will quit and then I'm able to cash out my 401k. I figure it'll be around 70+ and should be able to walk away with 45k after taxes and penalty. I want to find a 4plex and use that money as a down payment and fix it up and sell it like you talk about. Would you do this if you were in my shoes?

  3. SuperConorR

    @Grant Cardone the deal at 20:00 minutes, you said you made 50% on your money… question, where and when do you add in costs for Insurance and Taxes?

  4. SuperConorR

    20:40 SAVAGE 😂😂😂

  5. Ushama Raja

    Hey Grant, I've been watching your videos and you say DO NOT BUY a house as an investment. I had a question, what if you are buying a house and renting out the basement and the main floor on rent? you still have have 2 separate tenants, do you think that would work? or do you still suggest investing in 2 separate units instead of a house?

  6. Naomi Makua, Licensed Real Estate Agent

    Your thumbnail reminds me of my yodle days… lol

  7. 梁盛楠

    this is our number 0571-28817401-801 of CHina, my e-mail is 306908500@qq.com please contact me if you want!

  8. 梁盛楠

    I am a 21 student,will be graduated next july,I want to learn more about how to raise the capital so that I can make the deal with 0 cost of my own, I do not have the downpayment money right now so I need to raise capital

  9. Dave Decker

    I respect your ambition Grant.

  10. Humberto Martinez

    Where did you get the $34,200 of income a year?

  11. c. shaw

    Thanks Grant. My real estate mentor and sales trainer. Love your work.

  12. Luke Hayes

    Grant, come to Washington, ok. We can own the whole town because we will build it! It's in the land man!

  13. Nicolas Haney

    Thanks a lot for all your videos. My dad died when I was 16 and my mom is mentally ill. they taught me nothing. But thanks to all of your videos I have a good chance at making something of myself. Not sure if you even check this lol but with all this knowledge I think I will be fine going into my first property purchase. I am in the navy and using a va loan I can get started easily into the business. Your the man

  14. tyler norman

    I'm convinced that the vocals in the commercial song are taken from Grant's Daughter in the video clip, listen starting from the 21:45 mark till the end! For second reference of why I think this, just watch the Charley bit my finger remix haha!

  15. nikos carpodinis

    You mention get in a multiunit as quick as you can and get out. whats the secret to creating that quick profit? is it buying at an awesome price (25% below retail value)? is it the improvements which will add value for you to flip it? or something else???

  16. Tyrone Powell

    Hello Mr. Cardone, I just came across your channel and immediately felt that you had my answer! long and short of it.. I have a opportunity to move into my dream home but it is a huge leap of Faith. The home is listed at 1.2m on 25 acres!! I've never gone for anything this huge before. the home I own now is 276k. I am friends with the owner and he is willing to allow me to rent to own for 5 years at 5k a month. Question, is this a smart move? How can I acquire this without killing my finances and my family? I am willing to sell my house to make this happen… is this a good idea?

  17. Austin Godfrey

    Being someone with a 30-40k IRA, i have two questions. the first, can i use an IRA to fund investment properties? and the second, you said STARTING OUT its ok to work with smaller, under 16 unit, properties, but to get out somewhat fast to move up. How am i “getting out” and where is my money coming from? the sale? the increase in value?

  18. Cory Patton

    What do you value more, time or money? Would you rather spend $20k on a education and community to start your investing within 6 months and mitigate mistakes or spend several years figuring it out on your own?

  19. mario hernandez

    Is California a good location to start my first real estate deal ?

  20. SashaUnfiltered

    Hi Grant, so I'm watching these episodes and I live in the UK, London. Buying units as opposed to single family homes makes sense. But how do you find that kind of real estate in the UK, it's certainly not available in London for £260,000. Appreciate your input.