The Rich Somers Report

The Harder it is to Buy, the Easier it is to Keep | Grant Cardone E163


Listen Later

This episode originally aired April 2020 on Rich’s old podcast “The Multifamily Takeoff”


Grant Cardone is the CEO of Cardone Enterprises and Cardone Capital. Grant owns and operates seven privately held companies and has a real estate portfolio worth over $4 billion.

The group starts off by discussing Grant’s background growing up in Louisiana, Grant’s first few deals, what initially attracted Grant to Multifamily homes compared to single family, why multifamilies did the best during the pandemic, and the importance of job growth.

They then reflect on the need to scale, maximizing value with deals purchased, why renters want to pay rent, looking at deals during the pandemic, why Grant won’t invest in Wall Street, modeling investing after Warren Buffett, stimulus checks, and where Grant predicted the markets would go after the pandemic.


Lastly, they talk about new money in multifamily, lenders in the pandemic, Grant’s cash reserves, Grant’s vision for his own future, Grant’s Gulfstream 550, Grant’s biggest mistakes he’s made, and his advice to new real estate investors.

Connect with Grant on Instagram: @GrantCardone

Connect with Mike Tighe on Instagram: @miketighe_


Connect with Shawn diMartile on Instagram: @shawn_dimartile


Visit grovescapital.com/richsomers to receive a $2,500 credit on closing costs or appraisals

Join our investor waitlist and stay in the know about our next investor opportunity with Somers Capital: www.somerscapital.com/invest.

Want to join our Boutique Hotel Mastermind Community? Book a free strategy call with our team: www.hotelinvesting.com.

If you're committed to scaling your personal brand and achieving 7-figure success, it's time to level up with the 7 Figure Creator Mastermind Community. Book your exclusive intro call today at www.the7figurecreator.com and gain access to the strategies that will accelerate your growth.

...more
View all episodesView all episodes
Download on the App Store

The Rich Somers ReportBy Rich Somers

  • 5
  • 5
  • 5
  • 5
  • 5

5

969 ratings


More shows like The Rich Somers Report

View all
BiggerPockets Real Estate Podcast by BiggerPockets

BiggerPockets Real Estate Podcast

16,793 Listeners

The Cardone Zone by Grant Cardone

The Cardone Zone

3,917 Listeners

The Best Ever CRE Show by Joe Fairless

The Best Ever CRE Show

994 Listeners

Tax Smart Real Estate Investors Podcast by Hall CPA

Tax Smart Real Estate Investors Podcast

415 Listeners

The Martell Method w/ Dan Martell by Dan Martell

The Martell Method w/ Dan Martell

480 Listeners

Dropping Bombs by Brad Lea: CEO, Entrepreneur, and Host of The Bottom Line

Dropping Bombs

2,301 Listeners

Real Estate Rookie by BiggerPockets

Real Estate Rookie

1,839 Listeners

Short Term Rental Secrets Podcast by MICHAEL SJOGREN

Short Term Rental Secrets Podcast

16 Listeners

Wealthy Way by Ryan Pineda

Wealthy Way

2,125 Listeners

The Short Term Show by 8 Figure Airbnb and Short Term Rental Real Estate Investor Avery Carl

The Short Term Show

442 Listeners

Action Academy | Millionaire Mentorship For Your Life & Business by Brian Luebben

Action Academy | Millionaire Mentorship For Your Life & Business

690 Listeners

On The Market by BiggerPockets

On The Market

899 Listeners

The BetterLife Podcast by Brandon Turner and Cam Cathcart

The BetterLife Podcast

836 Listeners

BigDeal by Codie Sanchez

BigDeal

759 Listeners

The David Greene Show by David Greene

The David Greene Show

690 Listeners