Multi-family Residential Property – Apartments Group Investment

The road to investment success is lined with multifamily real estate properties.

This is an addition to our series on top investment opportunities in the news. We are going to continue to present new and profitable high-ROI in a newsletter form. This week, we are covering the work of Grant Cardone.

Grant Cardone is a New York Times bestselling author and an internationally renowned speaker on leadership, real estate investing, entrepreneurship, and finance. His 5 privately held companies have annual revenues exceeding $100 million. In addition, Cardone is a savvy private multifamily investor and maintains a portfolio of over 3,800 apartment units throughout the U.S., with transactions valued at over $500 million.

It’s a departure from our recent investment ideas involving cryptocurrency and blockchain technology. Grant Cardone is very much a believer in buying and holding multifamily real estate. He means actual tangible brick and mortar properties. He was successful in other businesses before the current Multi-family Housing business. He does so well now.

To start with, he says you should be a success in your own business and have $100,000 to invest in a large property with dozens if not hundreds of rental units. When you buy a duplex of a four-plex, the bank will look at it as a house and compare its value to homes in the area. If the property is one hundred units, the bank is going to have different criteria for lending. They stop treating it like a family home and treating it like a business. For example, the banker will start asking questions like, who is your management company?

The amount of effort he puts into research is daunting. He looks at every detail of a tenant’s experience living in the property to make sure it is a place people will want to live. He looks at access to transportation, shopping, even the closest gym, and daycare center. He compares the last years’ income to the previous 10 years. He becomes an expert in the living, breathing reality of the property he is looking to buy. This is another reason he only looks at prominent properties. It takes him as much effort to research and understand 400 unit properties as it does to study a 4 unit property.

“Success is your duty, obligation, and responsibility.” | Grant Cardone

He works very hard to cover all his bases when choosing an investment. Again and again, he asks himself whether I want this deal. He must walk away from anything that is a problem. He says himself that he does not lose money. Investing at this level is rewarding only if you do it right.

#entarispowerful #investmentproperties

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As CEO of the #1 Sales Training Platform in the World, Cardone consults with Fortune 500 companies and customers such as Google, Northwestern Mutual, Morgan Stanley, and more. In addition, he’s a Top 5 Social Media Expert and one of the Top 10 Most Influential CEOs today. He is also the Executive Producer and star of two reality TV shows and creator of the first online entrepreneur and business TV network, Grant Cardone TV.

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Research your deals. You have to ask yourself, do I want this deal?

Copyright © This free information provided courtesy L.A. Loft Blog with the information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association, or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com, Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties are subject to prior sale or rental. This is not a solicitation if the buyer or seller is already under contract with another broker.

NFT is the word of the year. Find out what it means here.

This fun pop tart kitten is famous as an early NTF art piece that sold for some serious scratch.

As part of our Entar membership-based investment newsletter, here is another installment of investment ideas beyond real estate.

What Are Nonfungible Tokens? How Do They Work? 

NFT art and collectible items have gone mainstream with breathtaking speed. We now have a better idea of why. Nonfungible tokens are fun, visualizable, culturally relevant, and they’re easy to understand in a way that many blockchain concepts are not. One popular urban dictionary has gone to crown NFT, the word of the year, beating out crypto for the title.

To start, NFT“nonfungible” means one of a kind, so NFTs are unique and cannot be replicated or replaced with anything else.

If all that an NFT signifies is a digital asset, meaning intangible, why are people spending millions on it? They spend so much because an NFT allows the buyer to own the original item. Also, it contains a built-in authentication, which is the proof of ownership for the buyer. Most collectors value these “digital rights” more than the item itself.

What Is NFT?

The word “nonfungible” means one of a kind. NFTs are digital assets that represent real-world objects like music, art, digital avatars or images, videos, or any other collectible items but cannot be duplicated. They are backed by blockchain technology. They have been around since 2014 but have gained popularity only now. 

 #entarispowerful #nonfungibleisfun

Interested in alternative investment ideas? Fill out the online form.

For much more profound insights into case uses for NTF’s beyond novelty. Check out one of the source articles for five exciting ideas about where NTF could go next.

LOFT & CONDO LISTINGS DOWNTOWN LA [MAP]

  Lofts For Sale     Map Homes For Sale Los Angeles

SEARCH LOFTS FOR SALE Affordable | PopularLuxury
Browse by   Building   |   Neighborhood   |   Size   |   Bedrooms   |   Pets   |   Parking

Crytocurrency is most often used to purchase NFT items. They both use blockchain technology

Copyright © This free information provided courtesy L.A. Loft Blog with the information provided by Corey Chambers, Realty Source Inc, DRE 01889449; MPR Funding Inc NMLS 2000513. We are not associated with the seller, homeowner’s association, or developer. For more information, contact 213-880-9910 or visit LALoftBlog.com, Licensed in California. All information provided is deemed reliable but is not guaranteed and should be independently verified. Properties are subject to prior sale or rental. This is not a solicitation if the buyer or seller is already under contract with another broker.