Invest Alongside Grant Cardone: Real Estate Magnate Launches REIT for the Masses
Grant Cardone is a real estate magnate, and it seems he is letting anyone invest alongside him.
Admittedly, I am critical of Grant Cardon at times because real estate itself means profiting off of where people live. Investing in Real Estate means you’re inflating housing prices which contributes to homelessness, and when you step back from it all, you’re talking about people's lives here. However, today that is not what were talking about. In fact, I am giving props to Grant Cardone, because it seems he recently launched a REIT under the JOBS Act, and now ANYONE can invest alongside Grant Cardone.
From what I can tell, Grant Cardone is a self-made millionaire (almost billionaire.) His parents came over as immigrants, and he started off as a salesperson in Texas, then ended up having a drug problem and going into rehab. After that, he got into real estate, and that's how he got into his current real estate empire.
Cardone Capital Minimum Investment
While I did say anyone can invest alongside Grant Cardone, including non-accredited investors, the minimum investment is $5000, so it can be a pretty hefty upfront cost. However, I don’t think that's so far out of the realm of possibility that anybody who wants to invest alongside him couldn’t save up or aggregate money to put into one of these funds. So, admittedly “anyone” might not be the right word, but I still think it’s worth the shoutout here.
What is Cardone Capital?
Cardone Capital is Grant Cardones own real estate investment platform. As you’ll see below, there are several different funds and offerings for various investment goals with a focus on both near-term income generation and long-term value creation. Grant Cardone is the CEO of Cardone Capital, and launched this as a way to let anyone invest alongside him in Real Estate.
Cardone Capital is actually a pretty massive operation at this point, with $4 billion in assets under management, producing over $220 million in distributions at this point, nearly a billion raised, and almost 12,000 investors.
Cardone Capital Investments
There are various funds for both accredited and unaccredited, as well as various regions and investment goals. You can see all of their offerings below, and on their page:
and it gives you options based on each of your investment goals:
Conclusion
I am not affiliated with this in any way, and I haven’t looked too much into it other than their website, but I think it was a really interesting opportunity and something people might be interested in so I figured it was worth bringing to peoples attention.
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