Grant Cardone COVID-19

Jimhoffa's picture
Rank: Senior Chimp | 25

Does anyone have an idea on the leverage Grant Cardone carries on his properties and how will this downturn in real estate effect his liquidity and ability to not default on properties?

Comments (27)

  • Prospect in RE - Comm
Mar 24, 2020

Don't know his leverage but he just fired a huge chunk of his staff without giving them notice at all.

    • 1
Mar 29, 2020

that's crazy, do you have a source I could read?

Mar 29, 2020
snortingcaffeine:

that's crazy, do you have a source I could read?

No reputable sources but meet Kevin has a video on YouTube. To add to this cull, if the rumours are true, Kevin reports that he's told his ex employees to lawyer up and refuses to speak to the employee directly.

Mar 25, 2020

Leverage is between 75% - 80%. He is going to get smoked if this lasts more than a few months.

Most Helpful
Mar 25, 2020

What the hell is going on with the spate of Grant Cardone related topics the last few days

    • 11
Mar 25, 2020

Grant Cardone is a tool

    • 4
Mar 25, 2020

Agreed, seems like a complete cuck

    • 1
Mar 27, 2020

I was at a bar a few weeks ago and saw a guy wearing a Cardone Capital hat. I had the logo on the front and said "Cash Flow" on the side above the ear. I couldn't tell if he was wearing it ironically or not, but he was acting like douche. I was so tempted to ask him...Anyway, fuck that guy and fuck Grant Cardone.

Link to hat if you want a laugh https://store.grantcardone.com/products/cash-flow-...

    • 3
Mar 27, 2020

Guy is a shameless shill. Only sells his "fund" and that 10x bullshit

Mar 27, 2020

That is amazing.

I'm torn between buying one of them and sending it to a pretty pompous guy I know in the industry, and not wanting to support Grant Cardone...

  • VP in RE - Comm
Mar 25, 2020

Damn! Based on the title of the topic, I thought it meant Cardone contracted corona.

    • 2
Mar 25, 2020

No, we wish

Mar 25, 2020

Who?

Mar 25, 2020

His operation never seemed legitimate to me. Seems like he used leverage only to finance his image on social media while possessing zero knowledge about real estate. Highly doubt he's sitting on any cash. I feel bad for his employees, but I hope he gets his head torn off in this crisis.

    • 1
Mar 25, 2020

TBH im more of a Tai Lopez guy when it comes to P.O.S. who I wouldn't trust with $10 or """mentorship"""

Entrepreneurship/communications major bros eat that shit up though. Maybe Grant could take a page out of Gary Vanderblahblah and just hustle more, brah!

    • 2
Mar 25, 2020

don't understand why the SEC doesn't take these influncer fraudsters down.

Mar 25, 2020
recoveringcpa:

don't understand why the SEC doesn't take these influncer fraudsters down.

Why are they any less legit than anyone else? I agree Grant Cardone is running a scam, but as far as I'm concerned anyone willing to invest 10k with the guy deserves what they get. Fools should be parted with their money.

    • 2
Mar 25, 2020

If people are allowed to invest in shitcoin then they should be allowed to invest in Cardone.

Mar 25, 2020

Grant Cardone is a beta

    • 1
Mar 30, 2020
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