All Forum Posts by: Justin A.

I am 22 years old, and I have approximately $30,000 that is currently invested in a roth IRA. I was able to achieve an 8% return from Sept. 17' to Sept. 18'. I wanted to get your guys thoughts on pulling the money out and investing in Cardone Capital. Grant's philosophy makes a lot of sense, but I wanted to see if anyone had experience with Cardone Capital and what kind of returns you were able to achieve.

If you don’t think Grant Cardone Capital is a good option to achieve better returns than 8%, where would be the best place to invest the money for higher returns than 8%.

Thanks in advance for your help!

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I would like $4000-$5000 net. But I am interested in commercial properties. I don't think a fourplex is a commercial property?

How do I get to $4000-$5000 with commercial properties?

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Originally posted by @Brandon Bellino:

$24,000, or however much you have available outside your other investments, isn't really very much to start with, definitely no where near enough to generate $4-5,000 of profit a month. If by commercial real estate you mean purchasing rental properties, you could probably find a property being sold by the owner, or another investor, and work out a seller financing deal with them where you put 20% down, and make payments each month. You'd really only have enough money to purchase a $50,000-100,000 property, which would eat up your entire $20,000 and you'd probably need more to make any repairs.

You could also use the money you have already to flip a home, using a hard money lender. They usually want you to have skin in the game, so probably 20% down again, but at least with flipping you'll get the money back, plus your profits, within 3-4 months (If everything works out of course).

You could also look into wholesaling, but that's a lot more hands on in the sense you have to really put a lot of time into searching for deals, and networking with people. It might be a bit much for you if you'll be working full time as well.

Overall, for the amount of money you have, and your goal, I'd personally recommend looking into flipping, until you can save up more capital.

How much do you think I need to generate $4000-$5000 to start investing in commercial real estate?

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I am graduating next fall with an engineering degree and I plan on working as soon as I graduate. I have been able to save ~$24,000 from my work from the past 6 summers. Some of it is already invested, but I would like to get on track in real estate to start generating monthly income on the side in the range of $4000-$5000. I have been told to get into commercial real estate, so what do I need to do to get a property or multiple properties to get this range of income?

By the way, I live in the Atlanta area.

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All Forum Posts by: Justin A.

Justin A. has started 5 posts and replied 14 times.

Post: Newbie and Grant Cardone Capital

Post: Getting to $4000-$5000 in commerical real estate after graduation

Post: Getting to $4000-$5000 in commerical real estate after graduation

Post: Getting to $4000-$5000 in commerical real estate after graduation