How to Underwrite a 3.5 Million Dollar Deal - Real Estate Investing Made Simple

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  • เผยแพร่เมื่อ 7 พ.ย. 2024

ความคิดเห็น • 112

  • @diegoarcila842
    @diegoarcila842 9 หลายเดือนก่อน +1

    I never get tired of watching this episode!
    Changed my life!
    Thank you!

  • @arseneremy
    @arseneremy 6 ปีที่แล้ว +12

    Want to personally thank you Grant. I'm an agent here in NYC and do advisory work and wholesaling. My broker pitched me a $55M 14 building portfolio in Brooklyn to find a buyer a few months ago with no bites. Today, I'm getting an LOI from an investment group. Because I literally watched ALL of your videos, I was able to intelligently sell and negotiate this deal. Being able to sell the value add component with actual numbers based on what the deal is pulling now was everything. Today Im doing When this deal closes, I'm coming to your office to thank you personally. Thanks brotha!! #forthefam

    • @lonburgundy1
      @lonburgundy1 5 ปีที่แล้ว

      Arsene Remy congratulations brother , I need some investors like that. Enlighten me.

  • @JaygattiFmg-17
    @JaygattiFmg-17 6 ปีที่แล้ว +29

    He gives 80 percent of his knowledge for free the rest its still up to you to learn things on your own

    • @kingofmoabs23
      @kingofmoabs23 5 ปีที่แล้ว

      It’s amazing that he does this this information is worth big $$$$

    • @ilianaschuring866
      @ilianaschuring866 4 ปีที่แล้ว

      GC is the best

    • @kennethporst1738
      @kennethporst1738 3 ปีที่แล้ว

      Actually he gives 100% if you take in everything and put the puzzle together + invest in his Cardone Trainings

  • @DonJaye
    @DonJaye 6 ปีที่แล้ว +1

    Uncle G..... couple of questions for the next video 1. If you have just 5 to 10 to invest in real-estate is that enough to start or should I just wait 2. Do you guys accept ONLY cash to invest WITH you or can it be from lines of credit as well? 3. In your deals, are they paid monthly as soon as the deals close or only when you exit? Thank you for sharing this information.

    • @jeffjacob7812
      @jeffjacob7812 4 ปีที่แล้ว

      Don Jaye He pays monthly and u will get 65% of the profit during exit

  • @judymays2684
    @judymays2684 6 ปีที่แล้ว +4

    Grant, you're the man! You tell it like it is. Not only are you energizing, you are providing people with real knowledge not a bunch of hooeee. Thank you!!!!

    • @kennethporst1738
      @kennethporst1738 3 ปีที่แล้ว

      But are you listening and using this information though????

  • @lancesterling8447
    @lancesterling8447 6 ปีที่แล้ว +5

    Grant I love your real estate vids. I must of watched every single one of them. I feel like you need to do more vids on things that you haven't covered yet. Like how to sell a deal if you still have a mortgage. Do a in depth analysis on adding value again. How to handle bad tenants or screen tentants etc. As always good content.

  • @xVxx6528
    @xVxx6528 6 ปีที่แล้ว +15

    "If you don't subscribe to this show, sum wrong wit ya" 😂👌🏽👍🏽💯

  • @benjonesthe3rd200
    @benjonesthe3rd200 6 ปีที่แล้ว +10

    The first deal on Northern Ave in Phoenix is in ROUGH neighborhood. I live off Northern Ave and it's ROUGH. Anything by the I17 is NO GO. The Lightrail train right by there brings the SCUM of the earth.

  • @desi2031
    @desi2031 6 ปีที่แล้ว +3

    This was the sickest show I've seen yet! Dropping liquid gold. Thanks Uncle G!

  • @eagerhomes7939
    @eagerhomes7939 6 ปีที่แล้ว +1

    I've got 3 real estate questions:
    1. I've analyzed all of the properties in the Austin and San Antonio markets on Loopnet, how do I find more deals in those areas?
    2. When given no info, I have to research rents to get NOI. How do I research the market to findout the market's/area's CAP rate to determine value?
    3. What questions do I ask the leasing agent when they show me the example unit?

    • @2HEARMEOUT
      @2HEARMEOUT 6 ปีที่แล้ว

      Eager Homes
      I’m in the San Antonio market as well. We should connect. I’ve been looking to scale up, we may be able to help each other. Shoot me a message if interested.

  • @Shawk95
    @Shawk95 6 ปีที่แล้ว

    Uncle G
    Probably one of the top 10 shows you have put out (that I have been privileged to watch). Blessings.

  • @billturner1960
    @billturner1960 ปีที่แล้ว

    Mr. Cardone,,Great presentation once again!
    Just curious but how are investment returns taxed with Cardone Capital?
    Earned, portfolio or passive?
    And,,,are there options for non-accredited investors who need to get their feet wet if you will?
    Thank you sir for all you do and please,,,keep up these awesome broadcasts!
    Thanks again!
    Bill Turner

  • @yvoncormier9762
    @yvoncormier9762 5 ปีที่แล้ว

    I like how the deal terms mean action toward profit by correct approach like the exchange rollover to upgrade avoiding capital gains taxes.

  • @AaronBowling-w4u
    @AaronBowling-w4u ปีที่แล้ว

    Thanks for ALWAYS telling us the truth and keeping it real!

  • @Thefullersgroup
    @Thefullersgroup 6 ปีที่แล้ว

    Grant is bringing the Gospel!! This is amazing! Better than any book you could ever read! This dude is a freak of nature! & GC is Ethical man. I've made a decision

  • @loreelaw4733
    @loreelaw4733 2 ปีที่แล้ว

    🤣🤣🤣🤣 I love your impersonations Grant! You got me rolling!!! 🤣🤣🤣

  • @konradkuewa4182
    @konradkuewa4182 6 ปีที่แล้ว +1

    I'm getting smarter every time i watch! You da man uncle G!

  • @casey_goddard
    @casey_goddard 5 ปีที่แล้ว +1

    That was a real Money Ball play on the 14 unit
    !

  • @Shawk95
    @Shawk95 6 ปีที่แล้ว +1

    "Flip it to the bank" ~ love it!

  • @joe1071
    @joe1071 2 ปีที่แล้ว

    Love how he called out the 400 unit speculator. If they actually did the deal, they are probably killing it right now with the bull market

  • @ilianaschuring866
    @ilianaschuring866 4 ปีที่แล้ว

    Never ,ever discover so a cool way to be teach in Re Al states

  • @JB-so5gr
    @JB-so5gr 6 ปีที่แล้ว +3

    Gonna start using 3 instead of question marks, cause I'm cool like that...

  • @phatfool33
    @phatfool33 6 ปีที่แล้ว

    wow the end where you explain Ryan’s money going into your deal! That’s making money in real estate.

  • @dee5015
    @dee5015 2 ปีที่แล้ว

    Uncle G the GOAT

  • @Brehon_TalkingFinance
    @Brehon_TalkingFinance 6 ปีที่แล้ว

    The best show I've seen in the past year.

  • @crystaljani
    @crystaljani 6 ปีที่แล้ว

    This show is the BEST in the world.

  • @FreshaDenaMofo
    @FreshaDenaMofo 6 ปีที่แล้ว +2

    Great call around 50 mins

  • @unknownadi9182
    @unknownadi9182 2 ปีที่แล้ว

    16:16 I have question why did you multiply the number by 0.08
    What's the meaning of it

  • @edgarbarrazamusic6742
    @edgarbarrazamusic6742 6 ปีที่แล้ว +1

    Hey Grant, how did you calculate the $171,000?

  • @nickfleming3719
    @nickfleming3719 6 ปีที่แล้ว +9

    This is telling me I don't want to go into real estate, I want to go into banking. The financing on these deals is outperforming the properties that it's tied to. And you're guaranteed a paycheck no matter what the vacancy or expenses or else you take the property back and quick sell for 70 cents on the dollar to get all your money back plus interest

    • @LeLoS95
      @LeLoS95 6 ปีที่แล้ว +2

      banking its a job and then its gone, real estate is there forever

  • @sqoches
    @sqoches 4 ปีที่แล้ว

    That's a great video.. Learnt a valuable things, thanks for Sharing Grant.. Will re-watch

    • @youngandinvesting2116
      @youngandinvesting2116 3 ปีที่แล้ว

      W•H•A•T•S•A•P•P
      +•1•3•4•7•9•6•6•2•7•2•6
      I•n•v•e•s•tinC•r•y•p•t•o
      B•T•CA•N•DE•T•H..... .. ... ....

  • @kennyspade1755
    @kennyspade1755 5 หลายเดือนก่อน

    Hey Buddy hows it going? Do you need an LLC to get a loan from the right bank? Hope all is well! Peace ✌ ☮ 🕊

  • @RonalValerio
    @RonalValerio 3 ปีที่แล้ว

    Grant why 16unit is the start number when it comes to Comercial Real Estate or real estate in general? Thank you

    • @youngandinvesting2116
      @youngandinvesting2116 3 ปีที่แล้ว

      W•H•A•T•S•A•P•P
      +•1•3•4•7•9•6•6•2•7•2•6
      I•n•v•e•s•tinC•r•y•p•t•o
      B•T•CA•N•DE•T•H..... .. ... ....

  • @justinschmidt2901
    @justinschmidt2901 2 ปีที่แล้ว

    How is he figuring out the payment?

  • @joe1071
    @joe1071 2 ปีที่แล้ว

    Uncle G cracks me up

  • @duncanmotors9953
    @duncanmotors9953 3 ปีที่แล้ว

    Why don’t you invest in commercial properties that have multi-tenants like business parks? Same concept , however small business leases(2500 sq. Ft work spaces x 16 unit plus) have less turnover and you can achieve 100% occupancy with yearly increases.

  • @martinkrins3915
    @martinkrins3915 2 ปีที่แล้ว

    Thank you uncle G

  • @Koldfusion234
    @Koldfusion234 6 ปีที่แล้ว

    Grant, I’m sure you got 10,000 things going on and then some, but where have all the Cardone Mastermind vids been? As great as all your other vids are, those have always been my favorite and are saturated with awesome info.

  • @debabratasamal5153
    @debabratasamal5153 5 ปีที่แล้ว +1

    what was that 171,100 again ? I didn't get that calculation

  • @sharlotmensah6904
    @sharlotmensah6904 4 ปีที่แล้ว

    I see us working together GC ...... I see us working together to change not the world .. The PEOPLE in the world. ....🤫

    • @youngandinvesting2116
      @youngandinvesting2116 3 ปีที่แล้ว

      Thanks for the feedback... For more information...
      +1=3=4=7=9=6=6=2=7=2=6
      W/H/A/T/S/A/P/P//

  • @stefanhansen1401
    @stefanhansen1401 6 ปีที่แล้ว

    3,5% management fee of NOI or GSI?

  • @aserdinerosindinero
    @aserdinerosindinero 3 ปีที่แล้ว

    I see u are master in selling
    I been watching u seen 1 month,I have learned a lot .
    I have construction company do you have any advice for me to sell my service ,I’m frustrated that I’m not going any where

    • @youngandinvesting2116
      @youngandinvesting2116 3 ปีที่แล้ว

      W•H•A•T•S•A•P•P
      +•1•3•4•7•9•6•6•2•7•2•6
      I•n•v•e•s•tinC•r•y•p•t•o
      B•T•CA•N•DE•T•H..... .. ... ....

  • @druidhead
    @druidhead 6 ปีที่แล้ว +1

    How do you find investors?

  • @thomasmurphy6823
    @thomasmurphy6823 6 ปีที่แล้ว +1

    how do you rehab 50 units if you have 50 tenants?? Do you kick everyone out? Feels like it would take years to do half of the rehabs you need to bring up the NOI? Can anyone shed some light on this for me.

    • @n.8899
      @n.8899 6 ปีที่แล้ว

      I had the same question on another video. No one answered. I would guess if you have 85% occupancy, you start with the renovation of the first 15% and you gradually move the tenants to the new units

    • @gabemalcolm4429
      @gabemalcolm4429 5 ปีที่แล้ว

      @@n.8899 Exactly renovate the vacant units also You really don't need to rehab every unit until you find out if you can get a good return on the first round.

  • @anthonymiller5179
    @anthonymiller5179 6 ปีที่แล้ว

    Hey Grant thanks for the free content it's amazing my question is I live in Knoxville tn and my investor doesnt want to go outside of it and I can't find any properties worth the investment do I need to find another one thanks.

  • @juliussanders
    @juliussanders 6 ปีที่แล้ว +6

    Another great show from the G.O.A.T.

    • @juliussanders
      @juliussanders 6 ปีที่แล้ว +2

      Dirt 117 I respect your opinion but I call him one of the best for what he's done for my mindset in business and in general. I come from a very dark place and he lifted me up when I needed it the most. Can't speak for anyone else but my life has gotten much better spiritually and financially from things I've learned from him. I follow and learn from other great entrepreneurs to though.

    • @joshuahancock5427
      @joshuahancock5427 6 ปีที่แล้ว +1

      Dirt 117 jealousy is a b*tch haha grow up brother come talk sh*t when you get 1m let alone 500m+ .....

    • @nickweidmannswe8320
      @nickweidmannswe8320 6 ปีที่แล้ว +3

      Dirt 117 Lmao If you are as rich as you say Mr Military man, you wouldn't be talking like jealous person now would you? Also what is a millionaire like you doing in the comment section with all the plebs. lmao But Im sure dirt117 is as rich as he says he is😂😂😂

    • @irisgonzalez-caulder5682
      @irisgonzalez-caulder5682 6 ปีที่แล้ว

      Dirt 117
      The point is
      when Julius Sanders
      Joshua Hancock
      compliment Cardone
      or maybe any person complimented
      not only Cardone,
      any person complimented,
      maybe it bothers you.
      Dirt 117
      The point is it's not about Cardones finances, properties, ect,
      It's about your comment Dirt 117 when someone was complimented.

    • @nickweidmannswe8320
      @nickweidmannswe8320 6 ปีที่แล้ว

      Dirt 117 So now I'm suddenly poor now? 😂😂 How would you know my financial status explain that to me? Just like you're a millionaire right? Sounds like your butthurt. Stop embarrasing yourself thanks 😂😂

  • @tedromulus2445
    @tedromulus2445 6 ปีที่แล้ว

    What a bad ass intro. New to this channel hope to see more of this.

  • @JaygattiFmg-17
    @JaygattiFmg-17 6 ปีที่แล้ว +3

    His 80 percent is better than most peoples any percent so it works out

  • @bryanwilliams5951
    @bryanwilliams5951 6 ปีที่แล้ว

    Grant Cardone your the man I wish I would of listened to you years ago

  • @stacia5000
    @stacia5000 6 ปีที่แล้ว

    Uncle G, how did you calculate the the 8M to 11M bump, using the increased NOI?

    • @thomasbennett7868
      @thomasbennett7868 5 ปีที่แล้ว +1

      Eustacia Wilford (NOI)/(Cap rate)=( Value of Asset)
      If he increased the NOI to 78k, it increased the value of the asset to 11M

  • @RealEstateRadioTV-SA
    @RealEstateRadioTV-SA 5 ปีที่แล้ว

    Great show as always
    Regards
    Gaven Malope
    South Africa ( Sandton )

  • @mikeopatik8705
    @mikeopatik8705 6 ปีที่แล้ว

    12:55 Yes. Yes. Yes. yep, uh-huh and absolutely...

  • @kitkat4980
    @kitkat4980 3 ปีที่แล้ว

    I am here on all Mondiiz Uncle G

  • @samschmidt9099
    @samschmidt9099 6 ปีที่แล้ว

    When you call in with your deal, please, for the sake of all of the listeners sanity, KNOW YOU LIKE THE DEAL, and know the NOI and the CAP rate off the top of your head!!!

  • @cubanumero1
    @cubanumero1 3 ปีที่แล้ว

    How do I send you a deal I found and is amazing I just need a partner?

  • @fiacrebrissi8187
    @fiacrebrissi8187 5 ปีที่แล้ว

    Brissi De Bentley ❤️

  • @alcurmudgen3345
    @alcurmudgen3345 6 ปีที่แล้ว

    Shorten you intro’s! Who has two minutes to watch it? Thanks for the great info.

  • @Jaydogg2626
    @Jaydogg2626 6 ปีที่แล้ว

    Hey Grant how did you only put $8M down on your $63M deal you own? I thought you usually say 25% down. Thanks.

    • @73powerstroke56
      @73powerstroke56 6 ปีที่แล้ว

      Jason Dinesen he probably financed the rest through fanny Mae. Don't know how it's spelled. But if he did go through them then he only had to put 8 mil down cause he is a proffered barrower. So he won't have to put down as much as anyone else on a 25% down payment

    • @73powerstroke56
      @73powerstroke56 6 ปีที่แล้ว

      Jason Dinesen he gets discounted rates

  • @businesskingpin6649
    @businesskingpin6649 ปีที่แล้ว

    That’s why we have kids when my kids grow up all the properties are paid

  • @businesskingpin6649
    @businesskingpin6649 ปีที่แล้ว

    8 years

  • @businesskingpin6649
    @businesskingpin6649 ปีที่แล้ว

    10 years

  • @javigarciayt
    @javigarciayt 5 ปีที่แล้ว +1

    This is better than church

  • @user-ip6cg7kq8c
    @user-ip6cg7kq8c 6 ปีที่แล้ว

    Place your itunes tracks on pandora or iheart for android users. I watch your material religiously.

  • @kuda95m44
    @kuda95m44 6 ปีที่แล้ว +1

    thank you boss

  • @reignrelic
    @reignrelic 6 ปีที่แล้ว

    I know you rounding up numbers but 198000/.052=3,807,692.31 and where you get 171k from? Is that your estimate for atcf?

  • @HouseDarten
    @HouseDarten 6 ปีที่แล้ว

    NOI !!!!

  • @Gabriel-fr3sd
    @Gabriel-fr3sd 6 ปีที่แล้ว +1

    Uncle G, make a book and investing or a program

    • @EggscellentSheets
      @EggscellentSheets 6 ปีที่แล้ว +1

      Dude this is the program, I’d pay for this stuff

  • @Grannyknockers
    @Grannyknockers 3 ปีที่แล้ว

    One thing this video did not cover was how to underwrite a deal

  • @5tef0
    @5tef0 6 ปีที่แล้ว

    With the first property, where do you get the 171,000 that you subtracted from the 196,000?

  • @michaelwemple8430
    @michaelwemple8430 2 ปีที่แล้ว

    Once again, Grant's numbers make no sense. When he was looking at the deal at 15:00 the payment was P&I and it still cash flowed. I can't tell you how many videos I've seen where Grant promotes interest only loans, no P&I in order to make his numbers work. If he did interest only at 4.5%, the loan payment would be $127,000/year which is taken out of the $198,000 NOI. This equates to a 7.1% return on investment which I have seen him jump for joy over in so many other videos. Not sure why he bases some things off of interest only loans and then blasts other deals because he calculates P&I.

  • @BrianDaveyBlackThunder
    @BrianDaveyBlackThunder 3 ปีที่แล้ว

    Friendly advice. The intro is way too long. Try 15-sec max

  • @GardeningZ
    @GardeningZ 3 ปีที่แล้ว

    Are you making him look bad before his investor?

  • @darylcheung2027
    @darylcheung2027 3 ปีที่แล้ว

    42:07 trick

  • @ilianaschuring866
    @ilianaschuring866 4 ปีที่แล้ว

    Listen ,listen ,listen to Gc.......

  • @dancabrera465
    @dancabrera465 6 ปีที่แล้ว

    flipping doors

  • @robbglow
    @robbglow 5 ปีที่แล้ว

    Underwrite, over promise.

  • @rickyfiallos6223
    @rickyfiallos6223 2 ปีที่แล้ว

    Uncle G

  • @TruthWatcherD
    @TruthWatcherD 3 ปีที่แล้ว

    Lol. Cardone Capital The People’s Condom

    • @youngandinvesting2116
      @youngandinvesting2116 3 ปีที่แล้ว

      W•H•A•T•S•A•P•P
      +•1•3•4•7•9•6•6•2•7•2•6
      I•n•v•e•s•tinC•r•y•p•t•o
      B•T•CA•N•DE•T•H..... .. ... ....

  • @ConstantinUngureanu
    @ConstantinUngureanu ปีที่แล้ว

    🙏🏻🙏🏻🙏🏻

  • @kevinkennedy2744
    @kevinkennedy2744 5 ปีที่แล้ว

    Who is issuing 500k LOC’s these days?

  • @esphorizon
    @esphorizon 6 ปีที่แล้ว

    $!

  • @Viralclown
    @Viralclown 6 ปีที่แล้ว

    3 fail lol