The BIGGEST REAL ESTATE CORRECTION IN HISTORY

TL;DR

Despite the challenges in the real estate market, Cardone Capital has successfully managed $4.3 billion worth of assets under management, with $1.2 billion invested by everyday people. They have distributed $295 million to investors, including $186 million in depreciation, and had a record distribution month in December.

Transcript

update on real estate for December 2023 here as we end the year uh I know there's a lot of suffering and a lot of pain out there and a lot of bad news across real estate with even some big syndicators and maybe even institutions failing here in this cycle I do believe this will be the greatest real estate correction in my lifetime uh but just want ... Read More

Key Insights

• 👯 Cardone Capital has successfully managed a large portfolio of real estate assets worth $4.3 billion, with $1.2 billion invested by everyday people.
• 🦸 They have prioritized investing in institutional quality assets that are typically only accessible to the super wealthy.
• 🧭 Despite the challenges in the real estate market, Cardone Capital has consistently distributed returns to their investors and passed on depreciation benefits.
• ☠️ The company has seen stable rent growth and high occupancy rates in their properties.
• 👶 Cardone Capital is anticipating a significant real estate correction and is offering two new funds for 2024: an equity fund and a distress debt fund.
• 💐 The distress debt fund offers the potential for a 12-15% cash flow annually, while the equity fund focuses on buying properties below replacement cost for immediate cash flow.
• 🌥️ Cardone Capital aims to become one of the largest apartment owners in the country, with a goal of reaching a $50 billion fund.

Questions & Answers

Q: How much money has Cardone Capital invested in real estate?

Cardone Capital has invested $1.2 billion in real estate with funds trusted by everyday people, not major institutions.

Q: How many investors does Cardone Capital have?

Cardone Capital currently has 13,642 investors who have invested in their 22 different funds without relying on major institutions or super wealthy families.

Q: How much money has Cardone Capital distributed to investors?

Cardone Capital has distributed $295 million to investors, along with an additional $186 million in depreciation, which is typically only allowed for wealthy individuals.

Q: How well did Cardone Capital perform in December?

In December, Cardone Capital had a record distribution month of $7.62 million, with a 9% annualized monthly return.

Summary & Key Takeaways

• Cardone Capital has $4.3 billion worth of assets under management and has invested $1.2 billion cash from everyday people.

• They have distributed $295 million to investors and passed on $186 million in depreciation to everyday investors.

• In December, Cardone Capital had a record distribution month of $7.62 million, with a 9% annualized monthly return.