Grant Cardone Podcast 250 Single Family vs. Multifamily

[Anthony Gayden]

I have listened to all of the podcasts and I love the knowledge that is brought, even from investors with vastly different styles than me. I also am an avid follower of Grant Cardone and have read most of his books and watch his programs on Facebook and Youtube. While I don't agree with everything he says, in general I have been very motivated by his story and his message.

You have to start somewhere

I love large multifamily and I want to eventually get into that space, however I see no problem with starting in single family. Grant believes that any cash flow you get from doing a small deal such as a SFR, duplex, triplex, or quad will not be worth the effort and time you have to spend. I disagree and I think that he completely disregards the "snowball" effect, and the power of buying at a substantial discount and BRRRRing it. I also think that the education and experience that a person obtains by doing these smaller deals will help you greatly when doing a larger deal.

[Steve D.]

Keep in mind that everyone has a schtick.  

Cardone makes his money advocating his brand of investing with accredited investors. Of course he is going to slam any other investment like SFH.

In similar vein, Dave Ramsey has made millions selling products that promulgate his schtick -- no debt under any circumstances.  His stringent inflexible stance on this has made him famous and made him millions.

Robert kiyosaki made his millions selling books burying his biological father, and has his own schtick.  

List goes on and on.   Anyone who has a podcast in fact, if you listen long enough, you will learn their schtick.  They are doing the podcast for a reason.   I can honestly say that Josh and Brandon are the only ones I have found that are honest and are not doing it to advocate a specific "schtick".   The rest are, sorry to say, charlatans.