⚠️ WARNING ⚠️ ALL HOUSE FLIPPERS 🏠 😱
#realestate #investing #success #motivation
⚠️ WARNING ⚠️ ALL HOME FLIPPERS 🏠 😱 –
I had Justin Colby in my studio where we talked real estate, commercial vs single family, marketing, and my predictions for the economics of 2024.
If you want to learn how to make money in 2024… WATCH THIS PODCAST
Post in comments your 2024 predictions
~ GC
Cameron Long
Cameron is a seasoned CFO and CPA with 31 years in finance. He created the AI Trader's Playbook to help everyday investors use AI to find high-confidence trades — in minutes, not hours.
Read More About Cameron → Get the AI Trader's Playbook
Amazing content GC
EVERYONE LISTEN TO UNCLE GC MAN… IMbout to get into this interview
Olá boa tarde mais um vidio 😂😢🎉🎉😮
Different way I’m on my way
Wow. Gc. Read about the top cats.
Flipping a house on price is difficult now, so flip a house on interest rates with seller financing.
Buy with non-recourse seller financing for a low or zero interest rate from a distressed owner, and then flip with more seller financing on a slightly marked up rate and term.
You get cash now, cash each month, and a net balloon payment in 10 to 15 years, without the risk of ownership. If they default, then take back the property to sell it again.
You’ve helped the previous owner get out and you’ve helped the next owner get in with affordable financing.
Buy on seller financing, then flip the $1mm house. The scenario of $1 million with 10% down (paid by the next occupant on a lease option or seller financing) could net $3600 per month.
The key is finding an occupant who can afford the 10% down of $131,950, and $7K+ monthly payment (plus other ownership costs) to buy on 5% interest rate.
No cash out of your own pocket, no risk of ownership, $3600+ net monthly cash flow for 180 months, plus a net balloon payment over $410K, with marked-up purchase price $1,319,500.
If the new occupant defaults, then you take back the house and sell it again for another 10% down payment ($131,950 again), plus cash flow, plus net balloon payment.
lol nice fantasy…
*The wisest thought that is in everyone’s minds today is to invest in different income flows that do not depend on the government, especially with the current economic crisis around the world. This is still a good time to invest in gold, silver and digital currencies (BTC, ETH…. Stock)*
In life, I will forever be grateful for health, wealth and a great professional whose help has been great for my finances.
Hello , I am very interested. As you know, there are tons of investments out there and without solid knowledge, I can’t decide what is best. Can you explain further how you invest and earn?
I operate a wide- range of Investments with help from My Financial Adviser. My advice is to get a professional who will help you, plan and enhance your management skills. For the record, working with Eleanor Nelson Barnes, has been an amazing experience.
It’s truly heart- warming reading a lot of testimonials on Eleanor Nelson. Her personality, ethics, principles and prowess as a Financial Adviser has gained her fame and recognition around the globe.
I’m favoured, $60K every week! I can now give back to the locals in my community and also support God’s work and the church. God bless America,, all thanks to ms Eleanor😊🎉
Uncle G, you’re objective… that’s what makes you Great!
How does this video only have 150 likes and 7 comments, its pure gold.
Well when you commented it had been up an hour 🤦♂️
Boa tarde King estou a ver mais um ❤🎉🎉🎉🎉🎉🎉😅
Not sure why Grant was talking to this guy. LOL
being poor is the worst. i love u uncleG.
“Spectators pay, players get paid.”
i agree with Grant on single homes investment is not a good investment now ,is a liability, but 20 years ago was a good investment i build 100 homes and sold them all and make 100 million.
Really, youve paid for $3000 for that tape. Is that what I heard correct me if wrong.
I understand Grant Cardone and I also understand he comes from a place where he cut the crap to be able to see it exactly as it is. He comes across as pushy but if others understood what Grant knows, you don’t go get it, no one hands it to you. People who have learned this don’t dislike Grant Cardone, they like conversations that cut to the chase and quit wasting time. The most precious commodity.
Never sell your house to any company, just other families.
1:06:44 “think I can do it too”
Thanks Grant for being so real! Great interview!!!
What I love about Grant is that he reminds me of anyone that I used to hang out with back in high school, except he figured out how the rich and get richer and has no problem sharing it with everyone else.