SAN JUAN, PUERTO RICO / ACCESSWIRE / November 10, 2021 Being in the real estate business has been a life-changing experience for many. Through the industry, they get to help people find the property of their dreams while earning a decent income. And if they play their cards right, they can earn a monthly income composed of several figures.
Real estate investments can also pave the way for generational wealth, as the author, entrepreneur, and CEO Grant Cardone experienced. During a session for the Disrupt Recession-proof podcast, Grant shared with Tony Delgado why investing in real estate is beneficial and how everyday people can do it.
Tony used the opportunity he had with Grant on the Disrupt podcast to talk about why Latinos should invest in real estate and how it could lead to generational wealth.
And since Disrupt is focused on teaching Latinos and other communities to become recession-free, Tony and Grant discussed a possible way for aspiring real estate investors to be a part of large deals.
Empowering The Everyday Person to Invest
For years, many people from the high-income and middle-income classes have already been investing in real estate. Aside from diversifying an investment portfolio, real estate investments have several benefits, such as providing a higher return through positive leverage and equity growth through debt reduction.
"Real assets appreciate over time, and they're real. You get depreciation, leverage, cash flow, and appreciation. And with inflation coming, the first beneficiary is real assets, real properties," Grant said.
With the real estate industry gaining attention from people everywhere, it's no surprise that almost everyone is eyeing to be a part of the industry. The State of Hispanic Wealth Report also recently noted that Latinos are moving towards success and high incomes due to real estate investments.
But as with every industry, numerous real estate properties are hard to acquire because of their price. Since Grant started as an everyday person who had big dreams, he wanted to give everyone else a chance to build generational wealth through real estate by starting non-accredited funds.
While most syndicators in real estate depend on high net worth family offices or expensive bridge debt, Grant prefers to share the upside of investing with friends, family, and followers on social media.
"I created a way for the everyday person, the everyday family in America, to invest in trophy real estate. I made it easy for people to be my partner in a quarter of a million dollars transaction," Grant said.
Latinos can invest a minimum of $1,000 to Grant's non-accredited funds and receive good returns from the real estate industry throughout the years.
How It Works
Once non-accredited investors put their trust and money in Grant's funds, he waits five years and re-finances the property before he sends back the money and keeps investors on for a longer period.
Since he started in 2016, Grant has successfully leveraged the non-accredited funds and raised over $650 million from 5,000 investors. He limits himself to buying apartments, as these usually increase in value compared to houses.
"We own 42 properties with 12,000 units. As rents go up, the value of properties goes up. As the value of the property goes up every five to seven years, we refinance the property based on the higher value, and return the capital to the investor," he said.
Latinos who decide to invest in Grant's non-accredited funds can have the opportunity to become a part of the real estate industry and invest in high-value properties that usually go to high-profile accredited investors.
Grant has worked with many non-accredited investors and saw how much they needed the opportunity as well as how appreciative they were to get a chance to be a player in the profitable real estate industry. He managed to raise $80 million from non-accredited investors in the past.
However, when the pandemic disturbed the world economy, Grant put his non-accredited fund on hold to protect investors and families from suffering along with the economy.
A New Opportunity For Non-Accredited Investors
Grant had recently re-opened his non-accredited fund to provide everyday investors access to institutional-grade real estate deals that are normally reserved for only the largest investors in the industry.
He already started two funds to acquire four apartment complexes in Broward County for a combined total of $750 million. Grant shared that he aims to raise $230 million in investor funds for the four apartment complexes.
The biggest apartment in the deal is the 456-unit Las Olas Walk at 106 S. Federal Highway, Fort Lauderdale. The building will be rebranded as the 10X Las Olas Walk, after his brand of business books and seminars. It is already 97 percent occupied, with rents averaging $2,300.
The other apartment complexes that Grant has under contract are also in Fort Lauderdale as well as in Weston, and Sunrise.
Within only three days of launching the funds, Grant, through Cardone Capital, has already raised $42 million from non-accredited investors who approached him via social media.
Through Grant's non-accredited funds, everybody can leverage the possibilities of the real estate industry without having to acquire an immense sum to get started in the business. The everyday Latino will have better and continuous returns that could lead to generational wealth.
To book: Tony Delgado
Contact
Luis Rios
lu**@di***************.com” class=”link”>lu**@di***************.com
787-513-5115
SOURCE: Disrupt Magazine
View source version on accesswire.com:
https://www.accesswire.com/672280/Grant-Cardone-and-Tony-Delgado-Partner-Up-to-Help-Latinos-Build-Generational-Wealth-Through-New-Real-Estate-Venture
Investors need to pay close attention to Novavax (NVAX) stock based on the movements in the options market lately.
HELP MY CAREER For much of my 35 or so years in the workforce, I’ve prided myself on going the extra mile — such as trying to put in a solid 8-hour day that has sometimes stretched into a 10- to 12-hour day.
An annuity can be an appealing option to build your retirement nest egg. Adding guaranteed retirement income to your retirement can give you financial stability. But the exact amount that you'll get from an annuity each month will vary. Let's … Continue reading → The post How Much Does a $200,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.
While the therapy, milvexian, showed a 30% risk reduction in recurrent ischemic strokes among people who showed symptoms, it didn't have an effect on covert infarcts, eroding investor confidence.
In this article, we discuss the 10 best stocks to buy now according to billionaire Ken Fisher. If you want to skip the investment philosophy of Ken Fisher and the detailed analysis of Fisher Asset Management, go directly to the 5 Best Stocks to Buy Now According to Billionaire Ken Fisher. Ken Fisher is an […]
Zacks.com users have recently been watching Devon Energy (DVN) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
In this article, we discuss 10 renewable energy stocks to buy and hold for the next 10 years. If you want to jump straight to the top stocks in this group, check out the 5 Best Renewable Energy Stocks to Buy and Hold for the Next 10 Years. The Inflation Reduction Act adds further certainty […]
The avalanche of lawsuits facing 3M (MMM) related to combat earplugs is set to move to trail as a U.S. judge denies injunction despite its subsidiary Aearo's bankruptcy case.
Yahoo Finance Live anchors discuss how meme stocks are performing.
Moscow is raking in more revenue than ever with the help of new buyers, new traders and the world’s seemingly insatiable demand for crude. “Nobody’s brave enough to embargo 7.5 million barrels a day of Russian oil and oil products.”
"Secondary strokes continue to be a serious health risk for stroke patients and we believe these data demonstrated the potential of milvexian to address a key unmet need in this population," Bristol Myers said.
Inflation, interest rates, and recession – these are the bogeymen of investing, and they’ve been watching over our shoulders for the past several months. We all know the story by now, the rate of inflation is running at generational highs, the Federal Reserve is hiking rates in an attempt to push back against high prices, and we’re in a technical recession after two quarters of negative GDP growth. At a time like this, investors are showing a growing interest in finding strong defensive portfoli
Roku (NASDAQ: ROKU) is not having a good year in 2022. As a result, Roku's stock is down 85% off its highs. Meanwhile, the widespread consumer shift to streaming content instead of watching through a traditional cable connection is a tailwind.
Conflicts and natural disasters will make emergency calls and texting via satellite a must-have feature, according to Ming-Chi Kuo, an analyst with TF International.
Recent studies reveal how much money Americans have saved in their 401(k)s and other retirement plans, but the averages can be deceiving.
Bristol Myers and Johnson & Johnson's blood thinner fell short of expectations in stroke patients, leading BMY stock to crumble on Monday.
U.S. and Chinese regulators recently struck a major agreement over a long-standing auditing dispute.
This article discusses the top 10 stock picks of Carl Icahn’s Icahn Capital LP at the end of the second quarter. If you are short on time and already know about the fund’s history and recent performance, you can skip and go directly to Billionaire Carl Icahn’s Latest Portfolio: Top 5 Stock Picks. Barring Warren […]
Tesla stock gets a bullish call from one Wall Street analyst after they spent time with the EV maker's management. Here are the details.
(Bloomberg) — The Federal Reserve’s balance-sheet unwind is set to ramp up this week, which means the central bank will finally begin unloading the Treasury bills it started amassing almost three years ago. Most Read from BloombergPowell Heaps Pressure on Risk Sentiment as More Catalysts Loom‘Inflation Fever’ Is Finally Breaking — But Central Banks Won’t Stop Hiking RatesSingapore Unveils Long-Term Work Visas to End Talent CrunchTrademark Filings Suggest Apple May Be Securing ‘Reality’ Names fo
About Author
