How is cardone’s equity fund different from a syndicator
As the title asks, how is cardone’s model different from other syndicators. He claims that it is in his book.
This is an excerpt from his book:
B) Syndicator. You invest money with a professional real estate investor who is basically doing (A) above and he raises money from others to buy and manage deals. The syndicator makes most of his money from fees. While the syndicator will also benefit from selling at a profit, the person investing in this model is typically less interested in the upside profit.
The downside of this model is, the syndicator has to sell out of the property at a certain date in the future. While this is sold as a benefit to the investors it is actually a detriment in bad markets.
C) Partner on a Profit Sharing / Cash Flow Formula. This is what we do at Cardone Capital. This model is different from other investment models as it makes extraordinary deals available to ordinary investors.
Investors partner with me on real estate deals experiencing all the benefits of real estate and ride as passive investors, experiencing all the upside of investing and none of the headaches. I will tell you more about this in the last chapter.