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Grant Cardone

πŸ‘€ Speaker
See mentions of this person in podcasts
5804 total appearances

Appearances Over Time

Podcast Appearances

The Pomp Podcast
Grant Cardone Reveals How Much Bitcoin He Owns

But because I put the two together, it became a more attractive investment for them.

The Pomp Podcast
Grant Cardone Reveals How Much Bitcoin He Owns

Yeah, we have that real, that cash, the asset has to be below replacement cost and it has to still be cash flow positive.

The Pomp Podcast
Grant Cardone Reveals How Much Bitcoin He Owns

So that's our criteria.

The Pomp Podcast
Grant Cardone Reveals How Much Bitcoin He Owns

So with that cash flow, I'm either going to fund projects, CapEx, furniture, or I'm going to buy more Bitcoin depending on what's going on.

The Pomp Podcast
Grant Cardone Reveals How Much Bitcoin He Owns

So-

The Pomp Podcast
Grant Cardone Reveals How Much Bitcoin He Owns

Well, I try not to sell.

The Pomp Podcast
Grant Cardone Reveals How Much Bitcoin He Owns

I hate selling anything.

The Pomp Podcast
Grant Cardone Reveals How Much Bitcoin He Owns

I mean, middle-class people sell stuff.

The Pomp Podcast
Grant Cardone Reveals How Much Bitcoin He Owns

But if you want to get wealthy, if you study wealthy people, they just never sell their shit, ever.

The Pomp Podcast
Grant Cardone Reveals How Much Bitcoin He Owns

They refinance it.

The Pomp Podcast
Grant Cardone Reveals How Much Bitcoin He Owns

So what I would typically, what I would do, would hope to do, we refinanced two deals last year that we had bought nine years ago.

The Pomp Podcast
Grant Cardone Reveals How Much Bitcoin He Owns

The average return, we still own these assets.

The Pomp Podcast
Grant Cardone Reveals How Much Bitcoin He Owns

The average return after this finance for the investors has been 47% a year.

The Pomp Podcast
Grant Cardone Reveals How Much Bitcoin He Owns

for nine years without the Bitcoin.

The Pomp Podcast
Grant Cardone Reveals How Much Bitcoin He Owns

So that's what we wanna do with the real estate.

The Pomp Podcast
Grant Cardone Reveals How Much Bitcoin He Owns

We wanna wait seven or eight years, wait for rents to grow.

The Pomp Podcast
Grant Cardone Reveals How Much Bitcoin He Owns

All I need is a $25 rent bump every year, every year.

The Pomp Podcast
Grant Cardone Reveals How Much Bitcoin He Owns

I don't need 250 or $500.

The Pomp Podcast
Grant Cardone Reveals How Much Bitcoin He Owns

I need 25 bucks across 15,000 units.

The Pomp Podcast
Grant Cardone Reveals How Much Bitcoin He Owns

$25 gets me 80 million in new values.