Grant Cardone 10x real estate is a self-made millionaire, entrepreneur, and motivational speaker renowned for his success in sales and marketing, real estate investments, passive income strategies, podcast hosting, his popular podcast “The 10x Rule,” as well as having amassed an extensive social media following with products he developed himself – not forgetting 10X Growth Conference and Cardone University! He founded Cardone Enterprises which operates numerous businesses including 10X Growth Conference and Cardone University – making him one of the best known personalities of his kind today.

Cardone’s This Is Not Your Daddy’s Economy podcast promises listeners that following his playbook can lead them toward financial independence and passive income. He has become the go-to real estate influencer, promising to wake up the middle class through his predictions while heralding a new economy for all. But recently filed class action lawsuit cast doubt upon Cardone’s real estate strategies; raising serious concerns regarding quality investments as well as transparency.

Cardone’s investment strategy centers around syndicated properties, which involve gathering together small-time investors to pool their money, then using that proceeds to secure large loans and purchase undervalued rental properties at attractive prices. Rental properties tend to yield steady returns while their value appreciates over time – creating a high-return, low-risk passive income stream for investors. Cardone takes management fees and acquisition fees, plus retains 20 percent of fund earnings as compensation for his services.

Cardone’s funds differ significantly from larger institutional owners of rental properties like Blackstone, Fidelity and Vanguard in their smaller size and less concentration of ownership issues that could drive up property prices and negatively affect affordability for ordinary tenants. Furthermore, rising interest rates have rendered many of his supposedly high-return investments unattractive for investment purposes.

Cardone has attracted an enormous following; however, many are concerned with his investments and portfolio quality. Some investors have voiced discontent at Cardone’s lack of transparency regarding earnings and returns, poor customer service and false advertising claims, as well as inaccuracy with customer data. On the upside, however, several individuals who invested with them have made profits. One investor, Devon, reported 4X returns in two years with Cardone Capital investment funds. Jayden Rose found them easy to work with as well. Still, before making any real estate fund investments it’s essential that one conducts sufficient due diligence before investing their money. If you have questions, don’t be intimidated to inquire further of the company. If they cannot satisfy you with their answers, perhaps moving on would be best. By conducting adequate research before investing any of your hard-earned dollars will save both time and money in the end.