Latest news with #CardoneCapital
Crypto Insight
26-05-2025
- Business
- Crypto Insight
Cardone Capital launches 10X Miami River Bitcoin Fund
Cardone Capital, a real estate investment firm with over $5 billion in assets under management, launched the 10X Miami River Bitcoin Fund, a dual-asset fund consisting of a 346-unit multifamily commercial property located on the Miami River in Miami, Florida, and $15 million of Bitcoin. In an interview with Cointelegraph, Cardone Capital founder and CEO Grant Cardone said the Miami River Bitcoin Fund, which is the firm's fourth blended investment vehicle mixing BTC and commercial multifamily real estate, will convert a portion of its monthly cash flows to BTC. Cardone told Cointelegraph the impetus to start the fund followed a suggestion from his brother. The CEO said: 'My brother said to me, you should look at if you would have converted all your cash flow from real estate to Bitcoin and what that would have done over the last 12 years. Well, it would have taken $160 million and turned it into around $3 billion.' 'So, when I saw that, I said I am going to create a fund where we buy real estate, add bitcoin, and then use the cash flow from the real estate purchase to buy more Bitcoin,' the CEO continued. The CEO also told Cointelegraph that the long-term goal of Cardone Capital is to accumulate $1 billion of real estate and $200 million in BTC, which will be held as a treasury asset, across the hybrid funds. The funds' unique approach of blending income-producing hard assets and Bitcoin as a store of value could disrupt the market for real estate investment trusts (REITs), market-traded funds giving investors access to baskets of income-producing properties, and other traditional commercial real estate investment vehicles. Onboarding users to Bitcoin by abstracting away the technical barrier to entry The CEO added that he wants to onboard investors and tenants alike to Bitcoin and expose them to the digital asset, without them necessarily having to acquire the technical knowledge to understand how Bitcoin works. A rewards program, paid in Satoshis, to long-term tenants, who pay on time and exhibit good renter behavior, is one idea the real estate investment firm is mulling, Cardone told Cointelegraph. One of the goals of the hybrid real estate BTC funds is to drive the adoption of Bitcoin and provide investors, who would otherwise avoid Bitcoin due to having to overcome the technical barrier to entry, with exposure to the digital asset, the CEO said. 'We are onboarding people into a real estate vehicle that they understand and buying Bitcoin for them,' the CEO added. Cardone also told Cointelegraph that he is working with other financial firms to create a hybrid Bitcoin mortgage product giving clients the ability to borrow against their combined Bitcoin holdings and equity held in a real estate investment. Source:
Yahoo
20-05-2025
- Business
- Yahoo
The 1 Housing Market Trend Grant Cardone Is Capitalizing On — Should You, Too?
The prices of multifamily homes are declining and have been since 2022. Though some investors would see this as a sign that multifamily assets are not a hot commodity, that's not how Grant Cardone is looking at it. Explore More: Find Out: A correction is forecasted for multifamily structures, and Cardone is betting on it. His company, Cardone Capital, has invested close to $1 billion in multifamily acquisitions. For those looking to invest in real estate, are multifamily homes the smartest move? GOBankingRates sought out experts to find out the pros and cons of buying multifamily assets right now. Jonathan Campau is the CEO and founder at Luxuri, a premier luxury real estate and lifestyle brand, and said Cardone is not wrong to jump on these low sales prices. 'Prices are dropping in ways we're not seeing in single-family [homes], and a lot of sellers are finally adjusting their expectations,' he said. 'In some cases, you're looking at 10%-12% lower than what properties would've gone for maybe a year ago, and that opens the door to some serious deals. He added that this is a 'unique window' to buy if you're in a financial position to do so. Consider This: Though prices are low, interest rates have gotten higher, which is something buyers will have to grapple with. Gone are the days of 4% rates we saw in 2020 and 2021. On average, 30-year mortgage rates were hovering near 6.71% in April, which was an increase from March, Business Insider reported. Campau warned buyers that they should take the future of interest rates into account. 'It's a mix of factors, because interest rates went up fast, there's been some overbuilding, and there's a ton of debt coming due over the next couple years,' he explained. 'That's creating pressure, especially on owners who can't refinance easily.' Experts say multifamily properties are going to bring decent returns in the future. So, if you can confidently make the investment now, it could set you up for success for years to come. 'Broadly speaking, multifamily properties are expected to see strong rent growth in the coming years, because new supply is going to decrease due to fewer construction starts and demand in the sector is forecasted to remain strong,' said Will Matheson, co-founder and managing partner at Matheson Capital. When comparing means of passive income, multifamily assets aren't necessarily that passive. There's a lot of upkeep, which can be both expensive and time-consuming. 'Due to the complexity, it may be better to invest as a limited partner with operators who oversee the properties for investors,' Matheson said. More From GOBankingRates Here's How Much Cars Made in the US Cost Compared to Mexico, Canada and China Mark Cuban Says Trump's Executive Order To Lower Medication Costs Has a 'Real Shot' -- Here's Why 4 Grocery Items To Buy Now Before Tariffs Raise Prices This Summer 4 Housing Markets That Have Plummeted in Value Over the Past 5 Years Sources Statista, 'American multifamily homes – statistics & facts.' X, Grant Cardone Jonathan Campau, Luxuri Business Insider, 'Current mortgage trends: Will mortgage rates go down in 2025?' Will Matheson, Matheson Capital This article originally appeared on The 1 Housing Market Trend Grant Cardone Is Capitalizing On — Should You, Too? Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18-05-2025
- Business
- Yahoo
The 1 Housing Market Trend Grant Cardone Is Capitalizing On — Should You, Too?
The prices of multifamily homes are declining and have been since 2022. Though some investors would see this as a sign that multifamily assets are not a hot commodity, that's not how Grant Cardone is looking at it. Explore More: Find Out: A correction is forecasted for multifamily structures, and Cardone is betting on it. His company, Cardone Capital, has invested close to $1 billion in multifamily acquisitions. For those looking to invest in real estate, are multifamily homes the smartest move? GOBankingRates sought out experts to find out the pros and cons of buying multifamily assets right now. Jonathan Campau is the CEO and founder at Luxuri, a premier luxury real estate and lifestyle brand, and said Cardone is not wrong to jump on these low sales prices. 'Prices are dropping in ways we're not seeing in single-family [homes], and a lot of sellers are finally adjusting their expectations,' he said. 'In some cases, you're looking at 10%-12% lower than what properties would've gone for maybe a year ago, and that opens the door to some serious deals. He added that this is a 'unique window' to buy if you're in a financial position to do so. Consider This: Though prices are low, interest rates have gotten higher, which is something buyers will have to grapple with. Gone are the days of 4% rates we saw in 2020 and 2021. On average, 30-year mortgage rates were hovering near 6.71% in April, which was an increase from March, Business Insider reported. Campau warned buyers that they should take the future of interest rates into account. 'It's a mix of factors, because interest rates went up fast, there's been some overbuilding, and there's a ton of debt coming due over the next couple years,' he explained. 'That's creating pressure, especially on owners who can't refinance easily.' Experts say multifamily properties are going to bring decent returns in the future. So, if you can confidently make the investment now, it could set you up for success for years to come. 'Broadly speaking, multifamily properties are expected to see strong rent growth in the coming years, because new supply is going to decrease due to fewer construction starts and demand in the sector is forecasted to remain strong,' said Will Matheson, co-founder and managing partner at Matheson Capital. When comparing means of passive income, multifamily assets aren't necessarily that passive. There's a lot of upkeep, which can be both expensive and time-consuming. 'Due to the complexity, it may be better to invest as a limited partner with operators who oversee the properties for investors,' Matheson said. More From GOBankingRates Here's How Much Cars Made in the US Cost Compared to Mexico, Canada and China How Much Money Is Needed To Be Considered Middle Class in Every State? 4 Grocery Items To Buy Now Before Tariffs Raise Prices This Summer Are You Rich or Middle Class? 8 Ways To Tell That Go Beyond Your Paycheck Sources Statista, 'American multifamily homes – statistics & facts.' X, Grant Cardone Jonathan Campau, Luxuri Business Insider, 'Current mortgage trends: Will mortgage rates go down in 2025?' Will Matheson, Matheson Capital This article originally appeared on The 1 Housing Market Trend Grant Cardone Is Capitalizing On — Should You, Too? Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
How Grant Cardone Earns $5 Million a Month With This Passive Income Source
Grant Cardone, private equity fund manager and real estate investor, believes everyone should have passive income streams for building wealth. 'Everyone should have multiple flows of income: 1) ordinary income, 2) bonus revenue and 3) passive income,' he told GOBankingRates. Also Read: For You: And while there are multiple ways to earn passive income, Cardone believes one method stands out above the rest. 'The best way to earn passive income monthly, with nothing even a close second place, is to invest in real estate as a passive investor — end of story,' said Cardone, who launched a partnership between Cardone Capital and REVIV to launch the world's first patented Precision Nutrition System with 10X Health. Cardone views real estate as superior to stock dividends and intellectual property for earning passive income. Though it may take more of an upfront investment, the rental income you bring in can be quite a profitable side hustle. Find Out: 'Stock dividends are paid quarterly and your bills are due monthly,' he said. 'Every other thing you can do to earn passive income –book royalties, music, online influencer, digital products online — all require some creation, most of which never make [money].' On the other hand, real estate investments such as residential or commercial rental properties are often very lucrative and can diversify your investment portfolio. 'At Cardone Capital, we paid out $60 million last year, averaging $5 million monthly in passive income to our limited partners/investors.' Cardone said that apartment buildings are the best type of real estate to buy for passive income generation right now. 'If Americans want to tap into the real wealth in this country, they have to get away from buying single-family homes and shift into this other asset class, which is apartments,' he said. 'If this was 2008, the opportunity would be single-family homes. But [now] the correction is in apartments and offices.' He added, 'Americans should be looking for loans maturing this year on complexes that are 40 units or bigger. And then they should put a group together to finance that asset and they will get rich beyond their wildest imagination.' More From GOBankingRates Surprising Items People Are Stocking Up On Before Tariff Pains Hit: Is It Smart? 6 Big Shakeups Coming to Social Security in 2025 5 Little-Known Ways to Make Summer Travel More Affordable These 10 Used Cars Will Last Longer Than an Average New Vehicle This article originally appeared on How Grant Cardone Earns $5 Million a Month With This Passive Income Source
Yahoo
13-05-2025
- Business
- Yahoo
Grant Cardone: These 10 Steps Can Help You Become a Billionaire
There are roughly 3,028 billionaires in the world, 902 of whom reside in the United States. Considering how few billionaires there are compared to the world population, becoming one yourself might seem far-fetched. However, most Americans subscribe to capitalism to support the underlying belief that they, too, can become uber-rich. Check Out: For You: Just take a look at wealthy real estate investor Grant Cardone. Cardone made his first million dollars by the age of 30 by investing in real estate and building a highly successful sales consulting company. Since then, he's continued to build wealth at a rapid pace. His current estimated net worth is around $300 million, while his real estate investment firm, Cardone Capital, is valued at over $5 billion. So, what does that mean for you, and what can you learn from Cardone about joining the ultra-wealthy? According to him, there are 10 basic steps to take that can help you become a billionaire. Let's dive in. One of the very first steps Grant Cardone recommends is to become a master of sales — whether that's a good or a service. There are many ways to do this, such as by cultivating a positive attitude and being prepared for both success and rejection. It also means following up with prospects to keep the sale alive and help you close the deal. Cardone has a business training platform called Cardone University, which can help people learn many of the essential skills needed for building a lucrative business, including the art of sales. He also wrote a book called 'Sell or Be Sold' on the topic. Up Next: The next step involves investing and later reinvesting all of your surplus money each month. Once you've covered the necessary expenses, Cardone's advice is to take any additional cash and put it toward your business, yourself and other investment vehicles. One of the key things Cardone prioritizes is boosting income, rather than just saving money. This isn't something that will happen overnight, but it can happen with patience and perseverance. Cardone is an advocate of collaboration over competition, so it's no surprise that his next step toward generating significant wealth is to find and work with good partners. He believes that no one has ever succeeded in making a billion dollars alone, so having a good team with mutual respect is vital. Essentially, networking helps you branch out and create a social safety net. Cardone also suggested establishing brand partnerships. Building a social network and following can be a long, difficult process, which is why teaming up with already-established brands can be a great way to build your own traction and brand. While you're doing this, you can also continue to cultivate your brand's credibility. The next step is to invest in income-producing assets, like real estate, as this can help you earn passive income. It can also diversify your existing portfolio, thus potentially reducing risk. Cardone's advice, however, is to only do this once you've started earning extra money from your business. This step is all about being present in many communities and finding ways to serve them. One way to do this, according to Cardone, is to use different social media platforms to build your brand, share your purpose and tell your story. He explains how some of the richest and most notable people in the world are recognized solely by their personal brand and name, rather than their company name. According to Cardone, one thing that sets successful people apart from others is their focus, discipline and willingness to fail and get back up again. He suggested removing clutter and distractions and instead focusing on the difficult things that can ultimately build more value. By doing this repeatedly, the tasks themselves will likely become second nature and easier to complete. This, in turn, can lead to a prosperous lifestyle. Next, Cardone's advice is to reimagine yourself over and over again. By doing this, you can feel more empowered while continually learning the things you need to become wealthy. Along with that, you can also redefine yourself and what you know as you grow your wealth. While you're at it, Cardone suggested setting higher goals for yourself, ones that require you to learn and improve. The next step is to prioritize money, rather than focus on your passions. Cardone often talks about the different methods for cultivating and maintaining wealth. One example of this is to move somewhere more affordable for your lifestyle to open up more room in your budget. This could mean going somewhere with a more lucrative job opportunity or greater tax breaks for your business. Even if they're not your passion at first, they can still help you in the long run. The next step is to think bigger about your goals and the ways you can make them come to fruition. According to Cardone, the wealthiest people in the world didn't get their start by thinking small — they got it by thinking big. Along with this, Cardone remarked on how the middle class often thinks about staying average and realistic with their dreams and goals. For those looking to become billionaires, it requires bigger thoughts and plans. Grant Cardone's final step is to prioritize one thing and develop it into something successful and profitable. Only once you've done that should you be focusing on the next goal and then the next. This should be the case whether you're dedicated to building a business, investing in real estate or something else. Caitlyn Moorhead contributed to the reporting for this article. More From GOBankingRates 5 Luxury Cars That Will Have Massive Price Drops in Spring 2025 4 Things You Should Do if You Want To Retire Early 6 Popular SUVs That Aren't Worth the Cost -- and 6 Affordable Alternatives 5 Cities You Need To Consider If You're Retiring in 2025 This article originally appeared on Grant Cardone: These 10 Steps Can Help You Become a Billionaire
