Chapter 1: What is the main topic discussed in this episode?
This many people understand Bitcoin.
Chapter 2: What is Grant Cardone's investment strategy with Bitcoin and real estate?
Almost everyone understands real estate. You combine those two together and I get that volatility. But the stability, combining it with the stability, we think we have a great investment.
Chapter 3: Why did Grant start combining real estate with Bitcoin?
And I had 1,500 people invest with me that have never invested in Bitcoin.
How many Bitcoin you got? Let's talk about real estate. Okay. And Bitcoin. You have, what, $5 billion of real estate? Yeah, $5.3 billion. Who's counting? I am.
Chapter 4: What is the 'REIT glitch' that affects Bitcoin ownership?
Yeah, I know. And how much cash flow do you get off of that?
We have the NOI on that asset class. Let's see, we got $2.2 billion worth of debt that's fixed on all but three deals at around sub five across the portfolio.
Chapter 5: What misconceptions do Bitcoiners have when approaching investors?
And we've probably got an NOI on that portfolio of $240 million.
All right, so let's say you get $240 million. You were just taking that cash, and then you were getting a bunch of cash from all your other businesses.
Chapter 6: Why does Grant Cardone avoid investing in stocks and paper assets?
Actually, I don't think people realize how big the Grant Cardone empire is. What numbers can you share with us?
We'll do almost a billion dollars of revenue this year.
Across all the companies?
Yeah. There's an education company that's about 1%.
Chapter 7: How does Grant use cash flow from real estate to invest in Bitcoin?
150 in revenue, 40 million in net. We have a 10X health company that's only four and a half years old. We'll take that public in the next 24 to 30 months. That's probably worth two or $3 billion.
Chapter 8: What challenges does Grant face when integrating Bitcoin into real estate?
We got 250,000 customers, started with 60 customers I took it, renamed it, branded it, blew the guy up online, used my social media following, and we went from 60 customers to 255,000 customers on supplements and biohacking stuff. We have a consulting company that does about 180 a year and growing. It's a great business that started four years ago. It'll net 40 or 50 million.
And then we have Cardone Capital that raises money. We've raised $2 billion for our real estate transactions. So combined, you know, they all fit together. They're not really different businesses. I can touch on one and it'll benefit the other ones. They're all privately held. We kind of do what we want to do. We're renegades. We're looking for ways to disrupt spaces that are cash flow positive.
And so when we started playing with Bitcoin and adding it to our real estate,
last year we did a our first deal was 85 million dollars our second big deal was 230 million hold on go back to the first one for a second people don't know what you're doing with the bitcoin so you've got a real estate asset and you buy some bitcoin so did they send the did they pop that little i don't know uh if you guys got something pulled up if not just talk yeah they're not gonna be able to see your phone oh they can't see it no i know they're not gonna be able to see my phone thank you man i bet i've been in front of more people than you have um
I'm just saying, you know, I wasn't in the Epstein files either.
So we were in the back and three of the six people were in the Epstein files, but none of them for bad reasons. So everyone was trying to figure out who were the three. Well, some chick came out and said, if you're not in them, you're not even cool.
So I was invited to a Diddy party though. Were you? Did you go? No, I did not go. All right. Yeah, so what we did was, look, I'm a real estate investor. I'm a very conservative investor. I cash flow my companies. We don't take a lot of risk. I own no stock. I've never done a call. I've never done a margin, even though the internet says I had to sell my plane because I'm doing margins in Bitcoin.
It's not true, but... And I'm extremely conservative. So I was given my first Bitcoin in 2013. I was given 115 pieces. I didn't know what it was. I said, look, is this going to make me sick? Is there something bad going to happen? The only way they could pay me for this event was in Bitcoin. So I said, look, I'll take it. You know, I don't know what it is.
I took the 115 pieces, still have them today. So it was probably the best speaking gig I've ever done. About 11 million bucks. Maybe not. Maybe seven million dollars now because of whatever's going on. And and then I started playing with it because I was I didn't read the white book, the white paper, the white paper or the Bitcoin standard. I didn't know who Michael Saylor was.
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