Grant Cardone Says If He Only Had $50K To Invest, He'd Find A 'Tired' Laundromat Owner And Take Their Business Without Spending A Dime

Grant Cardone isn't trading insubstantial for paper—and if you handed him $50,000, helium says helium wouldn't adjacent request to walk it.

In a caller quality connected "VladTV," the existent property entrepreneur and concern manager was asked what he'd bash if that was each the wealth helium had near successful the world.

The host, Vlad, broke it down into levels—$10,000, $50,000, $100,000—and asked however Cardone would put astatine each stage. Cardone didn't hesitate.

"If I lone had $10,000… I would put it successful learning something," helium said. "Get immoderate accomplishment set."

But the infinitesimal the fig jumped to $50,000, Cardone shifted gears—and dropped a strategy that had thing to bash with stocks oregon crypto.

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"I'd astir apt usage 50 expansive to spell bargain a business," Cardone said. "I astir apt wouldn't adjacent usage the 50. I would usage the 50 successful a slope relationship to amusement the feline that I'm legit."

He said the cardinal isn't conscionable the money—it's spotting the close benignant of owner.

"You request determination wherever immoderate guy's tired. Tired of being successful the business."

Cardone would locomotion in, amusement the $50,000 arsenic impervious of funds, and connection a woody to instrumentality implicit the operation—no wealth exchanged up front.

"Your concern is doing 50 expansive a month…You support the archetypal 50. I get the keys. I get the business. We support the sanction connected it. You spell home. You support getting 50. I get everything supra that."

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Vlad tossed retired a car lavation arsenic a suggestion.

"Could be," Cardone replied. "Probably not."

Instead, helium listed laundromats, tiny flat buildings, cosmetologist shops, and tattoo studios arsenic his go-to picks. Not due to the fact that they're glamorous—but due to the fact that they're established.

He's looking for businesses that person been astir for 5 to 7 years, tally by idiosyncratic who's enactment successful the grit and is yet acceptable to measurement back. The bills are paid, the systems are successful place, and the owner's apt made capable to locomotion distant happy—as agelong arsenic the checks support coming. That's erstwhile Cardone steps successful and takes everything supra the baseline.

Cardone's agelong been captious of homeownership, calling it a drain connected your clip and money. He argues that your ain location doesn't make income—it conscionable gives you expenses. But rental properties? He's each in.