What Does a CPA Think of Investing in Cardone Capital

A viewer reached out to me and asked what I thought of investing in Grant Cardone's - Cardone Capital. That’s the real estate investment fund run by motivational speaker and controversial businessman, Grant Cardone.

In this video, I wanted to apply my accountant lens, and business experience and offer my thoughts on what I thought of investing in Cardone Capital.

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Hey there, welcome to my channel! I'm Noel Lorenzana, a Registered CPA in Illinois. My goal is to help you pay only what you legally owe in taxes, and take the fear out of dealing with taxes and the IRS. Just a heads up—watching this video doesn't make me your personal accountant. No client relationship is formed here. Enjoy the video!

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Thanks for watching my video on, Grant Cardone: What I Think of Investing in Cardone Capital

Disclaimer: This video, and the ideas presented in it, are for entertainment, and informational purposes only and should not be construed as accounting, tax, or legal advice. It is your responsibility to take all necessary steps to independently verify and ascertain that any information you choose to rely on from or take action based on this video is accurate.

⏱️VIDEO CHAPTERS⏱️
00:00 - What is Cardone Capital?
03:37 - What I Thought of Investing in Cardone Capital
05:02 - Grant Cardone and Cardone Capital Highlights
05:33 - Cardone Capital: 10x Miami River Property Brochure
06:57 - Cardone Capital: 10x Miami River Sales Brochure
07:54 - My Conclusion on Investing in Cardone Capital

#grantcardone #grantcardoneexposed #grantcardone10x

[NoelLorenzanaCPA]

What did you think of the video? Would you like to see more videos like this one?

[emiliosman]

Great video very fair and logical assessment, I almost invested with GC but got cold feet. Your analysis made me feel better about my investment jitters.

[NoelLorenzanaCPA]

Let me know what you thought of my video on Grant Cardone and Cardone Capital. Would you like to see more videos on Grant Cardone?

[BruceTheBroker]

Not sure I can read those financial projections, but if interest rates have gone from 3 to 7% and loan is I/O and debt service was $4mil, NOI either $840 or $940K, now they must be bleeding right? Neg cash flow of $3-$4million. Hope he is a good loan negotiator....if not they loose all their equity. Did I get that right?

[MattEvans-sd]

It's time for an update on this. Very good analysis. A glaring omission in the offering is a Preferred Return hurdle for investor capital. Borrowing short term (3 years) at record low, and unsustainable, rates when the investment period is much longer is a recipe for disaster. Institutional quality funds (like those that pensions invest in) use moderate leverage of less than 65% and it is usually locked for 10 years. 80% leverage with interest rate risk in 3 years is suicide, especially when interest rates are widely expected to increase. Simply, not good stewardship of investor capital. But, hey, they got their fees and subsequently the jets, watches, and helicopters.

[patrickbailey]

Man you have some of the best common business sense I have ever heard. A business owner would be wise to follow your logic and guidance. No rosy covered glasses, you seem to see through everything!!!

[DecemberNames]

I just watched your video and I really enjoyed it! Your video was well-made, informative, and entertaining. I especially liked the way you explained the topic in a clear and concise way. I also appreciate the way you included relevant details in your video.

Overall, I thought your video was excellent! I would definitely recommend it to others who are interested in learning more about the topic.

Thanks for creating such a great video!

Sincerely.

PS: I outsourced this feedback to AI

[ronkilgarlinjr]

He is now paying cash 100% for properties. No debt service ensures positive outcome imo.

[Roger-iliw]

He owns good properties. He’s basically just operating as a property manager. Think of your investment as buying a property, and renting it out. Grant takes a cut, and then the rest goes to you. You can roughly expect a return similar to what a renter would pay monthly. You’re collecting rent checks essentially.

They pay out decent, and I don’t think it’s a scam at all. However, you can buy a blend of high dividend reits, get %10 interest, and keep you assets more liquid.

Just buy reits.

[davidseva]

If the properties appreciate, Cardone and his investors will make money and if the properties dont appreciate, Cardone still makes money from fees but the investors will lose their money.

[zeelive]

This video was logical, informative, & educational. I like your clear & simple approach. This is my first video. But it won't be my last. You've just gained a subscriber ✅

[prabirmehta]

This is very helpful. Thanks! I concluded the same.

[tdaveniii]

I'd say that the fees you highlighted in the video are not unusual for that type of investment. However, acquiring properties like these with short term adjustable financing is a recipe for disaster, and it was obvious even in 2018 or 2019 that those interest rates could not last forever. I would also not be comfortable investing with someone who's lifestyle suggests that his investors do not come first.

[JamesGarrity]

At the end of the day stay away from anything that has Grant Cardone‘s name on it. I’ve been following him for years and this is been nothing but very difficult funds to be in. Once you’re in you’re in you cannot remove your money. Any suspended payments when he feels like it if economy turns

[THEtaxstrategists]

What do you think about 163(j) interest limitation on syndications? I think everyone i missing this

[THEtaxstrategists]

What do you think about 163(j)? I think everyone is missing this. Syndications ability to deduct interest is limited

[jl-zzzs]

He didnt cut distributions. He planned for possible covid issues and stoped distributions for a short time, started up again plus paid back all past distributions. My investment returns have increased over last four years.

[Andres-sruv]

Make a video on variable apr and fixed apr.

[teslarex]

Great video. If you don't understand the investment, don't. Grant is protected. You are not.

[mrlong]

I read his books but would never buy into any of his schemes…lol