Real Estate King Grant Cardone Funds Las Vegas Deal

Las Vegas is the legendary city of sin…
but when it comes to real estate, cash flow is king.

In this episode, Real Estate King Grant Cardone pulls up to Las Vegas, Nevada to hear real investors pitch real deals they want him to fund.

And this Vegas run is straight chaos.

00:00 Real estate is the greatest wealth generator (Grant’s rule)
00:42 “Find me a great property” (cash flow mindset)
01:12 Grant arrives in Las Vegas (city of sin + real estate opportunity)
01:40 Grant’s goal: buy Vegas after waiting 5 years
02:18 Vegas economy breakdown (jobs + tourism + maturity)
02:56 Deal #1: Downtown Las Vegas 4-plex land play (R4 zoning)
03:28 “War zone” neighborhood fear (Grant won’t even walk in)
03:56 “I don’t want to re-gentrify, I want to make money”
04:17 No Whole Foods / no Starbucks = no discretionary income
05:41 “Nobody’s got the guts because it don’t work” (deal dies)
06:35 Deal #2: East Fremont 44-unit motel conversion pitch
06:51 Grant bets $1,000 the flipper disappoints
07:46 Scale makes it a contender (5–7K per door rehab)
08:34 Seller appears (Paul) and talks price
09:05 Grant’s lie detector moment: “pupils dilate” greed tell
09:58 Deal #3: Las Vegas Strip wedding chapel expansion ($5.9M)
10:37 “Naked City” story + Strip location
11:43 Business nets $250K… but real estate cost explodes
12:47 “We’re not in the wedding business” (deal dies)
13:24 Deal #4: Northwest Las Vegas 16-unit → 19-unit conversion
14:33 “Holy sh*t” boarded up for 5 years
14:50 $50M investment across the street (huge upside)
15:24 No income for 18 months (cash flow pain)
16:28 Grant’s offer: $580K + 10% + 50% upside split
17:25 Vegas market update with Ryan Pineda
17:43 Rates up = harder to sell / competition down
18:19 Ryan says rentals are king right now
19:02 Deal #5: Centennial Hills luxury single-family (1 door = NO)
20:31 “Hotel market… I hate single family homes”
21:51 “Quiet please” (Grant shuts down the agent)
22:18 “This is a 1,000% no”
23:02 Deal #6: Winchester 28-unit multifamily near Strip
23:18 $140K per door all-in (strong basis)
24:09 Cash flow only $40K/year = 2.5% (Grant hates it)
25:06 Grant likes Victor but demands better cash flow plan
25:48 Deal #7: East Las Vegas 10-unit opportunity zone ($800K)
26:40 “That’s the 1% rule” (cheap enough to work)
27:07 Inside is disgusting (Sabrina uncomfortable)
28:58 “Just because it’s cheap doesn’t mean it’s good” (deal dies)
29:56 Deal #8: Near Strip 7-unit with Fountainbleau next door
30:34 “Have you ever seen that much poop?” (wild moment)
31:26 Grant invites him to the final meeting
32:41 Final boardroom: “Slim pickings” in Vegas
33:17 44-unit deal collapses (seller not present)
36:42 Ricardo gets kicked out (no real deal)
38:04 Alex eliminated (phone dead = no deal)
38:52 Final decision: Victor vs Jason
40:16 Grant rejects Jason (expenses too low = brand risk)
40:36 Grant funds Victor’s Las Vegas deal ($2.5M debt replace)
41:40 Vegas wrap-up + Text INVEST CTA