For me, I definitely don't believe that Cardone Capital is a scam.
Grant Cardone is a self-made millionaire, who may eventually be described as a billionaire.
He's a great salesman and marketer.
However, can it be worthwhile for you yourself to invest in Cardone Capital ? Probably NOT.
By purchasing Cardone Capital , you give complete discretion to Cardone Capital on the way to handle your money.
You're unable to access your money early.
And...the returns you'll experience are probably vastly inferior than it could 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 exactly 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 benefit from the appreciation of assets.
How Does Cardone Capital Work?
Cardone Capital raises capital to invest in property by establishing private equity funds.
Investors buy units in these funds and the firm uses the capital to purchase 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.
After that it collects rent and distributes the income to the investors every month (more how they accomplish that later).
This arrangement allows investors to truly have a steady passive income and never having to master the intricacies of acquiring and owning a property.
How Can You Earn From Cardone Capital?
Just like investments of this type, how much you can make from Cardone Capital clearly depends on how much cash you invested here.
But while a few of these investments have a threat of losing money, Cardone Capital does not. Indeed, based on their history, it seems as if they never had an archive of losing money for their investors.
Cardone Capital's funds are designed to generate 6% cash flow with a 15% annualized internal rate of return for investors. Cardone Capital investors will also be eligible for a 6% preferred return.
One thing to observe before purchasing Cardone Capital , is these investments are designed for a 10-year period and haven't any exit. What this means is, you can't just back from your investment easily, and you've to wait until at the least 10 years before you pull out.
Thus, these investments are not 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 in the past 50 years.
The market is massive and Cardone Capital offers average investors an in on this lucrative investment opportunity.
Needless to say nothing is guaranteed and you still need certainly to weigh up the professionals and cons of investing and read the small print https://centerforworklife.com/opp/real-estate/cardone-capital/.
I am hoping you found this review of Cardone Capital useful.
I want to end on the fact I have only respect for Grant and even if you don't invest in Cardone Capital you must still check his YouTube out and follow him on Facebook.
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