In this review, you’ll learn about Grant Cardone to see if he really is the best Real Estate and business coach out there.
You will also see if real estate is the right business model for you.
Now, I want to be totally up front here, so…
DISCLAIMER:
This Grant Cardone review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
Table Of Contents
Pros: What I Liked
- Share ownership of assets
- Multiple opportunities to invest it
- Monthly cash distributions
THE GOOD
Cons: What I Didn’t Like
- High minimum investments
- Many hidden fees
- Long-term investment plan with limited cash flow
THE BAD
Grant Cardone is a world renown real estate investor.
Like most real estate investing training gurus, you’ll likely be exposed to the “Big 3” investing types:
- Flipping
- Wholesaling
- Long-term buy-and-hold
Regardless of which path you go down, there is a lot of potential with real estate investing.
After all, it’s the world’s oldest wealth-builder.
However, before you leave this Grant Cardone review and go sign up, you might want to ask yourself:
“Is now the right time for me to get into real estate investing?”
Because, no matter which way you slice it, real estate investing is extremely capital intensive, labor intensive, or both.
So if you’ve only got an hour or two a day, or your savings account is a few zeroes lighter than you’re comfortable with, this might not be the best time for you to jump into real estate investing.
But that doesn’t mean you’re out of luck. It just means you need a system to free up more time and give yourself a stronger financial cushion.
A good way to get yourself there is with Digital Real Estate.
Digital Real Estate takes all the best parts of real estate investing, while eliminating most of the headaches:
- Low cashflow
- Interest payments
- Mortgages
- High overhead
- Expensive repairs and maintenance
- Problematic tenants
And the best part?
Digital Real Estate allows you to build a passive income stream that’s actually passive!
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000).
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day analyzing deals, cold-calling homeowners, or dealing with contractors.
If that sounds like something you’d be interested in, check out Digital Real Estate.
This is the perfect first step to build recurring income that you can then use to start investing in real estate down the line.
However, if you’d still like to know more about Grant Cardone, keep reading.
Who Is Grant Cardone?
Grant Cardone is a 62-year-old self-made millionaire and one of the greatest sales coaches in America. He’s the CEO of Cardone Capital and has closed $350 Million in real estate deals. You often see videos of him in front of jet planes, driving fancy cars, and surrounded by beautiful women.
You’ll see pictures of him all over the internet.
Growing up, his family was from Louisiana and he was raised by his mother after his father died. He grew up with his twin brother Gary Cardone and three other siblings and he learned it took hard work to earn money.
Now he lives in Miami with his family and actress wife, Elena and Sabrina his 11 year old daughter, and Scarlett his 9 year old daughter.
He has earned his money by building a successful sales coaching business that he started when he was 29 years old.
This business model has helped many people and thousands of businesses both large and small improve their sales process and generate more money.
As a professional sales trainer, he went on to build a real estate empire and has written over 6 books and several courses making him a ton of money.
Grant has a stellar success record.
But that wasn’t always the case. His life wasn’t always so glamorous.
Grant had a history of drugs and failure. You can hear him often speak about this from college days are filled with drugs and failure, but he found his way to success.
One of Grant Cardone’s favorite quotes is, “Cash flow is King”.
He often states that college is a scam, unnecessary, and will put you in debt.
Pretty much everyone would agree with him. Most people are conditioned to do things in a specific order…
- Graduate Highschool
- Go to college
- Get a job
- Get married
- Have children
Now, you can be successful without going to college.
You could tell yourself this 20 times a day, because it’s true!
Author & Speaker
- The 10X Rule
- The 10X Rule Quotes
- How to Create Wealth Investing in Real Estate
- The Closer’s Survival Guide
- Sell or Be Sold
- Sell to Survive
- Real Estate Investing Made Simple
- Be Obsessed or Be Average
- If You’re Not First You’re Last
- The Millionaire Booklet
You can find these books selling on Amazon and his website along with MP3’s and apparel.
Can Cardone Capital Make You Money?
Cardone Capital has an impressive real estate portfolio.
It’s a simple crowdfunding business model that raises money for real estate investment opportunities from non-accredited and accredited investors.
And with a small investment of at least $5,000 for unaccredited investors and a minimum of $100,000 for accredited investors, you have yourself a great long-term investment plan.
Essentially you become partners with them owning real estate properties and you’ll get part of the rental payments.
Essentially you go into an agreement and you are partners with income-generating properties.
That’s great!
They claim that you’ll double or triple your investments.
But with the aggressive fee structure, this doesn’t seem likely.
You’ll find out more about that later.
Oh and currently there’s a class-action lawsuit against Cardone Capital.
The suit claims that they ignored the warnings from the SEC lawyer and misleading his investors.
What Are The Benefits Of Cardone Capital?
One of the biggest upsides to investing in Cardone Capital is you’re investing in already vetted properties.
You’re given real estate investment opportunities that you normally wouldn’t have access to. So you’ll be able to start receiving money every month when Cardone Capital collects from rental payments with monthly cash distributions.
And because it’s a real estate investment you’re able to write off depreciation on your taxes.
What Are The Down Sides?
Cardone Capital is a fairly new company only opening up in 2017, so there’s not much information about them, and they won’t share their financial information.
One of the biggest downsides is the fee structure. It’s very aggressive and seems to be more in the favor of Grant Cardone taking 35% out of everything with a management fee of almost 3%.
And on top of that, there are some hidden fees a 1% annual fee and a 1% acquisition fee that is never mentioned.
Cardone Capital And Their Class Action Lawsuit
Basically, he was facing allegations of misleading his investors by promising them at least a 15% annual return that never happened.
Cardone Capital was also accused of violating federal securities laws in a suit filed in federal court in Los Angeles. Allegedly they made false and misleading statements while omitting important facts bout a deal totaling $100 million.
As it turned out, the judge decided that the Plaintiff had not proved that Cardone had misled anyone and dismissed the case.
What Is Cardone University?
Cardone University is by far one of the best sales training courses out there that you can purchase.
Grant himself literally lays out everything you need to do in order to grow your business.
And it’s only $97 a month. That’s a deal because there’s a ton of value in this!
But if you’re like most people putting it all together isn’t so simple.
So you continue trying to gain more knowledge so that you can hopefully figure it all out.
And pay for another month, so that you can take another class, watch more videos, look for more advice, and stalk his YouTube videos and social media accounts.
Hoping that this guy will help you finally be your own boss and make a boatload of money.
But you never actually get started.
The things he says makes perfect sense and he makes it look so simple, doesn’t he!
So then why is it so hard? And immediately the word scams comes to mind.
Is Grant Cardone A Scam?
No, Grant Cardone is not a scam. He is a real estate investor, speaker, author and CEO of Cardone Enterprises. He shows companies how to improve their sales process, avoid losses, and increase their bottom line. In addition, he owns Cardone University, Cardone Capital and Grant Cardone TV Network.
You can make money with this program, but it’s definitely not as easy as he makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – the actual profit margins on real estate investments are pretty small.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months – looking at deals, sending out offers, negotiating with the seller and lender to buy a rental property – and then your reward is like $100 a month in profits, it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (with a 90-95% profit margin)?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Real Estate.
And, unlike traditional real estate, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
What Separates Grant Cardone From Tai Lopez And Dan Lok
At first look, they are all pretty much the same.
They are selling knowledge so that you can one day become the CEO of your own business, increase your profits, and minimize your losses and live life the way you want to be filled with freedom.
So basically they are trying to sell you some type of knowledge to start making money online or offline.
They offer you something of value.
Unfortunately, their business model is to sell you information, it isn’t necessarily to make you money.
You’re getting something for your money, but that doesn’t necessarily mean that there’s going to be cash flow.
The biggest difference is that Grant promotes working hard to get the things that you want.
Grant is also a friend of Russell Brunson who has the same belief in working hard to build something your proud of without having to go to college. Grant even uses Brunson’s funnel methods to sell his books.
There’s Money In Real Estate
It’s true! The real estate business is a lucrative business. Everyone knows that there’s money in it. It’s part of why Cardone Capital is so enticing.
You have the ability to do nothing but invest money and start making money.
After all, if you tried doing this on your own you’d need the funds.
That means you’re financing money in order to purchase a home. If your credit isn’t good you’re paying a high interest rate.
You can very well be stuck paying this loan back until you sell the home.
It’s a risky business if you aren’t backed by investors or have a ton of money to risk.
Again it’s why investing in Cardone Capital looks like a great deal. You only need limited funds for a market that you know has great returns.
But you have no say on the purchase of the home, the sale of the home, and how much of the funds you’ll receive.
Be sure to carefully inspect the fee structure 35% + 3% + 1% + 1%= not so much on your return.
It won’t be easy to find this on their website.
But you get monthly cash distributions so it must be good.
The Bottom Line: Grant Cardone Review – Conclusion
While Grant does have a long history of alleged scams and controversy surrounding him, none have been found creditable.
So, should you stay away from Cardone Capital, 10x Rule or Cardone University?
The facts are simple… in order to make money people need to put in the work. They need to be taken by the hand to be shown how to do it.
Many people are sold on the dream of being the CEO without having to put the work in. Living a life where they have the time to do whatever they want, whenever they want.
They don’t want to work more than a few hours a week while taking trips to Miami to enjoy time with their family.
Just read the responses on the post and videos. People want to live like he does!
After all, why wouldn’t you?
But if it seems too good to be true it usually is.
He’s living the life that you want!
You’ll go into debt trying to achieve this type of life buying one program after another and investing in anything that might help you to achieve it based on a dream.
Everyone has friends who will try any program out there and they’re literally putting themselves in debt doing it.
Now, that doesn’t mean that you can’t make money alongside of Grant Cardone and his other investors.
But how much are you making and how much are you losing?
As with any investment opportunity, there are no guarantees. And with this one being a long term investment with a company that won’t reveal their financial information, well you cannot expect to become debt free any time soon.
Now for the same goes for purchasing a monthly subscription to Cardone University or attending his 10x growth conference.
Will you have the same cash flow and capital that he does simply because you took his class or attended each conference?
Probably not.
But is it possible? Sure anything is possible, right.
Are you really willing to invest $5,000 in properties that you’ll never see?
Do you really want to take loans out with high interest rates in the hopes that it’s a good deal?
Just about everyone would say “No” to both of those questions.
Listen you don’t need to go to college in order to be the CEO of your own company, or to build a successful website, be the author of your own book for that matter or even be the president.
The one thing that you need is a realistic plan. You can write your own story!
What Is The #1 Way For Making Money Online In 2022?
The ScamRisk team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Digital Real Estate is the #1 online business model for those just starting out.
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
Why?
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
Flipping and wholesaling are full-time jobs (and more), no matter what any real estate guru tells you. You always have to be searching for deals, because if you stop, so does the money.
2) You Own & Control EVERYTHING: Yes, in traditional real estate you kind of “own” the properties. But there’s also a ton of debt tied to most real estate investments, which means the property isn’t truly yours.
A lender can take it away if you miss a payment. Not to mention, loan payments really impact your profit margins.
With Digital Real Estate, you own the assets outright (with a 90-95% profit margin), which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) Minimal Ongoing Expenses: With traditional real estate, monthly expenses are HIGH. Between loan payments, ongoing maintenance, and repairs (not to mention the possibility of having to go through the eviction process), profit margins are slim.
Plus, whenever you have a vacancy, factor in the costs to turn over a unit (plus the fact there’s no money coming in until the next tenant moves in).
With Digital Real Estate, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with traditional real estate investing, you’d have to double your monthly rent, double your deals/number of units OR double your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Grant Cardone which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.
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