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Interest rates just exploded. š
Mortgage rates have spiked back up to 7% in 2024, with investors now beginning to sell properties because they can […]
How I turned $3,000 into $4.9 Billion in Real Estate
#motivation #success #money #realestate
Join Grant Cardoneās FREE Real Estate Live Training on December 14, 2024, from 12:00 PM to 3:00 PM EST.
Learn the strategies that propelled him from a $3,000 start to managing over $4 billion in real estate assets.
What Youāll Learn:
Proven Investment Strategies: Grantās methods for transforming small investments into substantial real estate portfolios.
Deal Mastery: Techniques to identify, negotiate, and close high-value real estate opportunities.
Market Insights: Understanding current market trends and how to leverage them for maximum returns.
Why Attend?
Learn from an Expert: Gain direct access to Grant Cardoneās wealth-building strategies.
Stay Ahead of Market Changes: Equip yourself with knowledge to navigate and capitalize on market dynamics.
Donāt miss this opportunity to learn from one of the largest real estate fund managers and elevate your investment approach. Set your reminders, subscribe, and be prepared to transform your financial future.
If you are interested in spending 2-days with Grant and the Real Estate Interactive donāt miss out on this exclusive opportunity available here: https://grantcardone.com/now
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Commercial Real Estate Crash Triggers 97% Property Value Drop And Hit 2008 Levels
The vortex of declining values in commercial real estate is getting wider and increasingly threatening. Imagine you bought a property for $300,000 expecting the investment would not only pay off overtime but also appreciate due to the normal dynamics of the real estate market.
Fast forward to 10 years later, you find out that your property has become virtually worthless, even though there’s nothing damaged on its structure and your neighborhood hasn’t changed significantly.
You are still paying off your mortgage loan, and after prices have plunged seemingly overnight, now you’re buried on negative equity and stuck with a property no one seems interested in buying.
Well, that’s what’s happening to commercial real estate owners and investors. But instead of $300,000, weāre talking about properties that were initially sold for between $3 to $300 million dollars or more.
