335: REI "Cardone Capital vs Wall Street"
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The vast majority of good real estate is bought by, and owned by, the super wealthy. Not wealthy individuals, but mega-wealthy companies like Blackstone, Allstate and Met Life.
And, the reason they have preferred access to these deals is that Wall Street wants you to keep investing how you have been.
Wall Street wants you to buy a house, a duplex, and invest in a 401K or a Keogh plan. They don\\u2019t want you investing with someone like Grant Cardone or in real estate.
In fact, they\\u2019ve stacked the deck against you. if you make less than $200,000 per year, you wouldn\\u2019t qualify as an accredited investor to invest in these large real estate deals. This type of investor can invest in an accredited fund which costs very little to establish. Which, in turn, is very lucrative to those putting it together. Compare that to a non-accredited fund which can cost $500,000 to $1 million. There\\u2019s no incentive to create that type of fund usually. The costs are too high.
Grant is changing all of that. He\\u2019s taking on Wall Street and is creating his first non-accredited fund right now. And, the investment will be an equity investment \\u2013 meaning you have the benefits of owning. You\\u2019ll receive depreciation, cash flow, and appreciation.
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