Risk Vs. Stability - Real Estate Investing Made Simple
If the stock exchange collapses or if Bitcoin goes up or down, I get monthly checks. I’m paid to wait while my property value goes up. That’s the certainty that you need with your investments—you need mailbox money.
Invest in things that provide income:
- Hard Assets
- Produce income despite stock market changes
Most people start with one unit—it’s a mistake. That’s what I did. It was great until my renters moved out. Then I was negative cash flow. You have to have scale to produce stability. Mass, volume. That means more doors. More units. Warren Buffett does not diversify. He go “all in” with a sure thing.
The more scale you get, the more stability you have. Most people can’t buy scale. That’s what Cardone Capital gets you:
- Scale (More doors is better)
- Income diversification (a lot of renters paying monthly rent)
- Middle of the road rental prices
Most people look for salaries but they should be looking for opportunities and the right people. How do you get started? Look at everything. Start looking at apartments. Walk properties!
“Nothing pays better than a business that pays.” http://www.cardonecapital.com
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Hi @grantcardone
I would love to see your thoughts on investing in digital currency?
Much love and respect @grantcardone your book the 10X rule is awesome!! Thank you so much for your inspiration and what you do.
@joeparys
thanks man love to hear that
the people who r good at math will get the bitcoins first :p i wasnt tho :p
Thank you very much for sharing, this really makes sence..
it is SOOOO important to try to be ready for what you believe in. I am not a huge christian, but I am a christian if that makes sense? I remember seeing a powerful poster in my Sunday School classroom, it was set at the time of the rapture and a man and his daughter was walking down a street as everyone was getting "beamed" up into heaven while this man did not. He watched as his daughter got sent to heaven without him.
This poster spoke so many words to me and i'll never forget that. I don't think anybody would want to experience what that man did in the poster.
On a side note, completely off this topic of the rapture.
My sister loved going to church Sundays and even more going to the youth group that took place Thursday nights. She would invite her non-christian friends to come on Thursdays as it was more of a service for the younger crowd with more up to beat music and more of a discussion then a sermon. This one girl started to go every Thursday and Sunday with her, and eventually got saved because of my sister. But eventually that one girl started to bully my sister inside the church and at school which ended up giving her no place to go to feel "safe".
It's sad that those things happen when you do so much for some people. It is even more sad that it's probably happening right now somewhere else in the world.
Anyways, thanks for spreading the word @papa-pepper! You rock!
Personally if I’m going for “mailbox money” I prefer deeds of trust. Why collect checks with landlord liabilities when you can be the bank and have the “owner” pay you interest?... It takes money to be the bank you say...it takes the same amount of money to buy the property as it does to lend against the property. The question is would you rather put money down and pay interest or collect a down and receive interest? Just like in monopoly, the banks always win!
Dear Grant, can you make some videos giving your thoughts on Bitcoin and investing in Steem?
Grant Cardone providing some good info thanks, love all your stuff
Always Speaking the truth @grantcardone!
Great post @grantcardone! I can't wait to become accredited so I can invest with #cardonecapital
Living by what you preach sir! I remember the first time I read 10x and started following you on social media, you talked about being everywhere....Seeing you on @dtube and Steemit shows people you are leading by example.
Awesome to see you here and can't wait to learn from you on these platforms!
This is so true, everyone that has put all their hopes in bitcoin (or crypto in general) is playing a very risky game. We don't know what the future is going to hold, and we need to be able to know we're going to have some money coming in.
For the record I believe in the future of crypto, but who knows how long it will take before it climbs back. This is good advice.
Upvoted, vote me too please https://steemit.com/blog/@rsrestinga/kapitakof-earn-rublos-359a0d8a6a
it is SOOOO important to try to be ready for what you believe in. I am not a huge christian, but I am a christian if that makes sense? I remember seeing a powerful poster in my Sunday School classroom, it was set at the time of the rapture and a man and his daughter was walking down a street as everyone was getting "beamed" up into heaven while this man did not. He watched as his daughter got sent to heaven without him.
This poster spoke so many words to me and i'll never forget that. I don't think anybody would want to experience what that man did in the poster.
On a side note, completely off this topic of the rapture.
My sister loved going to church Sundays and even more going to the youth group that took place Thursday nights. She would invite her non-christian friends to come on Thursdays as it was more of a service for the younger crowd with more up to beat music and more of a discussion then a sermon. This one girl started to go every Thursday and Sunday with her, and eventually got saved because of my sister. But eventually that one girl started to bully my sister inside the church and at school which ended up giving her no place to go to feel "safe".
It's sad that those things happen when you do so much for some people. It is even more sad that it's probably happening right now somewhere else in the world.
Anyways, thanks for spreading the word @redfishpclef! You rock!