Grant Cardone COVID-19

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 - 6:47pm

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

 
Mar 29, 2020 - 7:20pm

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 27, 2020 - 11:22am

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-hat-flatbill

Array
  • 4
 
Mar 25, 2020 - 2:44pm

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.

 
Mar 25, 2020 - 4:10pm

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.

 
Mar 25, 2020 - 7:09pm

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

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