Grant Cardone Scam: Is He A Fraud?

In this review, you’ll learn about Grant Cardone to see if he really is the best Real Estate and business coach out there.
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grant cardone

In this review, you’ll learn about Grant Cardone to see if he really is the best Real Estate and business coach out there.

You will also see if real estate is the right business model for you.

His courses are one of many making money online programs that is centered around selling information that makes you money by renting out houses. 

But hey, if you wanna jump into an EXPENSIVE market right before it crashes… that’s up to you. 

So, don’t freak out if you lose THOUSANDS, and your parents give you a hard time about it.

It’s supposed to show you how to become a 6-figure real estate mogul… but it’s truly out of reach for most people like you, constrained by budgets and student loans.

That’s just the truth… you won’t get rich by purchasing one property that only profits a couple hundred a month with loads of liabilities and bad tenants.

But, if you want to really build wealth online, (at an average of $1,500 per sale PER MONTH), check out this #1 recommendation.

But I have to be honest for this review…

Grant Cardone’s course includes some useful information for making money in real estate and securing massive deals…

However, real estate has a super high buy in cost.

You will find answers to some of the most frequently asked questions about Grant Cardone’s course and whether or not Real Estate in general is the right path for you.

And most importantly, you’ll discover the exact system many people are using to build their own internet marketing business to over $40,000 a month in mostly passive income.

This system made them swear off conventional Real Estate for good, because it uses some of the same skills but in a much more powerful and profitable way!

But more on that later.

For now, here are the details about Grant Cardone! 

Who Is Grant Cardone?

grant cardone reviews

Grant Cardone, 62, is a self-made millionaire and one of America’s greatest sales coaches. He is the CEO of Cardone Capital and has closed real estate transactions totaling $350 million. You frequently see him in front of jet planes, driving luxurious cars, and surrounded by stunning women.

You’ll find images of him strewn about the internet.

His family was from Louisiana, and his mother raised him following the death of his father. He grew up alongside his twin brother Gary Cardone and three other siblings and learned early that money was earned through hard work.

He now resides in Miami with his family and actress wife, Elena, his 11-year-old daughter Sabrina, and his 9-year-old daughter Scarlett.

He made his money by growing a successful sales coaching business that he began at 29.

This business model has aided thousands of individuals and businesses of all sizes to streamline their sales processes and increase revenue.

As a professional sales trainer, he built a real estate empire and authored over six books and several courses, which earned him a fortune.

Grant has an enviable track record of success.

However, this was not always the case. His life was not always so opulent.

Grant’s history included substance abuse and failure. You can frequently hear him discuss this from his college days, filled with drugs and failure, but he eventually found his way to success.

“Cash flow is King,” is one of Grant Cardone’s favorite quotes.

He frequently asserts that college is a scam that most industry experts will oppose, that it is unnecessary and that it will bury you in debt.

Almost everyone would concur with him. The majority of people are conditioned to perform tasks in a particular order…

  • Highschool Graduation
  • Attend college
  • Obtain employment
  • Marry
  • Have children

You can now achieve success without attending college.

You could repeat this to yourself twenty times per day, because it is true!

grant cardone scam

Author & Speaker

  • The 10X Rule
  • The 10X Rule Quotes
  • Sell or Be Sold
  • The Closer’s Survival Guide
  • Sell to Survive
  • Real Estate Investing Made Simple
  • Be Obsessed or Be Average
  • If You’re Not First, You’re Last
  • The Millionaire Booklet

These books, as well as MP3s and apparel, are available on Amazon and his website.

Is Grant Cardone A Scam?

grant cardone fraud

Grant Cardone is not a scam. He is an investor in real estate, a speaker, an author, and the founder and CEO of Cardone Enterprises. He demonstrates how businesses can optimize their sales processes, avoid losses, and grow their bottom line. Moreover, he established Cardone University, Cardone Capital, and the Grant Cardone TV Network.

Can Cardone Capital Make You Money?

Cardone Capital has a sizable real estate portfolio.

It’s a straightforward crowdfunding business model that raises money from accredited and non-accredited investors for real estate investment opportunities.

And with a minimum investment of $5,000 for unaccredited investors and $100,000 for accredited investors, you’ve got yourself a great long-term investment plan.

Essentially, you become a partner in their real estate ventures and receive a portion of the rental payments and income.

In essence, you agree and become partners in income-producing properties.

That is fantastic!

They get you thinking that your investments will double or triple.

However, given the firm’s aggressive fee structure, this does not appear likely.

You will learn more about this later.

Oh, and Cardone Capital is currently the subject of a class-action lawsuit.

The suit alleges that they disregarded the SEC lawyer’s warnings and misled his investors.

What Are The Benefits Of Cardone Capital?

grant cardone training reviews

One of the primary benefits of investing in Cardone Capital is that you are purchasing pre-vetted properties.

You gain access to real estate investment opportunities that you would not have had otherwise. As a result, you’ll be able to begin receiving money each month as Cardone Capital collects rent through monthly cash distributions.

Additionally, because it is a real estate investment, you can deduct depreciation from your taxes.

What Are The Down Sides?

Cardone Capital is a relatively new company, having launched in 2017, so there is little information available about them, and they will not share financial information.

One of the most significant disadvantages is the fee structure. It’s aggressive and appears to be more in favor of Grant Cardone taking 35% of everything with a nearly 3% management fee.

Additionally, some unmentioned fees include a 1% annual fee and a 1% acquisition fee.

Cardone Capital And Their Class Action Lawsuit

is grant cardone a scam

He was accused of defrauding investors by promising them at least a 15% annual return that never materialized.

Cardone Capital was also charged with violating federal securities laws in a Los Angeles federal court lawsuit. They allegedly made false and misleading statements while omitting material facts about a $100 million deal.

As it turned out, the judge found that Plaintiff had failed to establish that Cardone lied to anyone and dismissed the case.

What Is Cardone University?

grand cardone sales training

Grant Cardone University is without a doubt one of the best sales training courses available.

Grant lays out everything you need to do to grow your business in detail.

And it costs just $97 per month. That is a good deal, as there is a lot of value in this!

However, if you’re like the majority of people, putting it all together isn’t as straightforward.

Thus, you continue to seek additional knowledge in the hope of eventually figuring it all out.

And pay for an additional month to attend another class, watch different videos, seek additional advice, and stalk his social media accounts and YouTube videos.

I’m hoping that this guy can assist you in becoming your own boss and earning a boatload of money.

However, you never get started.

All things he says make perfect sense, and he makes it appear so easy, doesn’t he?

Then why is it so difficult? And the word “scam” immediately comes to mind.

There is a legitimate reason for this!

You were sold a dream – promises that aren’t necessarily false but are simply unattainable for most people.

However, this is not always a scam. After all, he is providing you with helpful information that you can use to increase your revenue, correct?

He painted a picture of the kind of life you could have by enrolling in his courses, watching his YouTube videos, and purchasing his books.

His business model is to offer you a fantasy, a fantasy that the majority of people desire.

All you need is to purchase his program.

Genius!

However, this does not constitute a scam.

Scams are considered dishonest.

It is a fact that anyone can earn money online.

And he’s providing you with the means to do so, despite the fact that he’s painting an image that isn’t entirely attainable.

You enroll in these classes and are then left to your own devices to decipher the information you just read.

What Separates Grant Cardone From Tai Lopez And Dan Lok

grant cardone training review

At first look, they all appear to be quite similar.

They are selling knowledge for you to one day become the CEO of your own business, maximize your profits, minimize your losses, and live your life in the manner in which you desire to be free.

Thus, they are attempting to sell you some knowledge that will enable you to begin earning money online or offline.

They provide you with something valuable.

Regrettably, their business model is based on selling you information, not necessarily on making money.

You are receiving something in exchange for your money, but this does not always imply that there will be cash flow.

The primary distinction is that Grant advocates for working diligently to obtain the things you desire.

Also, Grant is a friend of Russell Brunson, who shares Grant’s belief in working hard to build something you can be proud of without attending college. Grant even sells his books using Brunson’s funnel techniques.

There's Money In Real Estate

Money In Real Estate

That is true! Real estate business is a lucrative industry. Everyone is aware that there is money involved. This is one of the reasons why Cardone Capital is so appealing.

You have the capability of doing nothing more than investing money and earning money.

After all, if you attempted this on your own, you would require funding.

That is, you are financing the purchase of a home. If your credit score is low, you will pay a high interest rate.

You may very well be obligated to repay this loan until the home is sold.

It’s a risky business if you don’t have investor backing or a large sum of money to risk.

This is another reason why investing in Cardone Capital appears to be a good deal. You only require a small amount of capital to invest in a market that you are confident will generate high returns.

However, you have no say in purchasing the home, its sale, or how much of the proceeds you will receive.

Ensure that you thoroughly examine the fee structure. 35% + 3% + 1% + 1% = not much on your return.

This information will not be readily available on their website.

However, you receive monthly cash distributions, indicating that it must be a good deal.

The Bottom Line: Grant Cardone Review - Conclusion

While Grant has a lengthy history of alleged scams and controversy, none are credible.

Therefore, should you avoid Cardone Capital, 10x Rule, and Cardone University?

The facts are straightforward… Individuals must work to earn money. They must be taken by the hand and demonstrated how to do it.

Many people are seduced by the fantasy of becoming CEO without having to work for it. They live a life in which they have the freedom to do whatever they please, whenever they please.

They don’t want to work more than a few hours per week and spend time with their family in Miami.

Simply read the comments to the post and videos. People aspire to live their way!

After all, why would you want to?

But, if something looks to be too good to be true, it almost always is.

He is living the life you desire!

You’ll incur debt attempting to achieve this type of life by purchasing one program after another and investing in anything that might assist you in accomplishing your goal based on a dream.

Everyone has friends who will try any program out there, putting themselves into debt in the process.

That is not to say that you cannot profit alongside Grant Cardone and his fellow investors.

However, how much money are you earning, and how much money are you losing?

As with any investment opportunity, no guarantees can be made. And, given that this is a long-term investment with a company that will not disclose its financial information, you cannot anticipate becoming debt-free anytime soon.

Now, the same holds true for subscribing to Cardone University on a monthly basis or attending his 10x growth conference and events.

Will you have the same capital and cash flow and as he does due to attending his class or conferences?

Most likely not.

However, is this even possible? True, anything is possible.

Are you serious about investing $5,000 in properties you’ll never see?

Do you want to take out high-interest loans in the hope that you’re getting a good deal?

Almost universally, the answer to both of those questions would be “No.”

To be clear, you do not need to attend college to be the CEO of your own business, build a successful website, write your book, or even be president.

All you require is a realistic plan. You can write your own story!

What Is The #1 Way For Making Money Online In 2021?

reviews grant cardone

Our review team has come across a program in the real estate industry that is next level!

Although it’s not real estate in the traditional sense, it’s all digital.

Where these Real Estate fall short is in scalability. Because in order to make a good amount of money with real estate, you have to have several different properties.

And who has the capital for that right away?

But what if you went local?

review grant cardone

With Local Digital Real Estate, you will be getting service requests from multiple sites at every minute of the day from people who are willing to pay a lot of money for what you can provide them.

You’ve probably seen plenty of Youtube videos where the host made a comment that it isn’t about making a lot of money from one website… it’s about making a little bit of money from lots of different websites.

So, think of it this way….

scam grant cardone

What if you could have streams of investment income where you operated 10 rental units that you could charge anywhere from $750-1,000 per month?

That’s $7,500-10,000 per month in passive income!

What If You Invested Into 100 Rental Units?

But instead of spending $Millions to build houses or apartment complexes… you spend a couple hundred dollars to build websites.

You then get those websites ranked in the search engines for specific home-based services that customers are searching for.

grant cardone scams

Next, you offer your lead generation system to local business owners who are looking for customers and are willing to pay you for their information.

And Then…

BAM!

You’ve just created a Digital Real Estate Investment Empire that is potentially earning you 4-5 figures in PASSIVE INCOME on a monthly basis without spending a single dime on ads.

With conventional digital real estate, you have to compete with thousands, if not millions of others who are selling the SAME product to the SAME customers.

Once the training program is completed you will also have access to a Facebook group much better than the Grant Cardone group. This group is much more active.

Unlike Real Estate, where you’re profiting maybe $9,000 per property (before expenses), you could be getting 5-10X THAT.

With Local Lead Generation, the competition is virtually nothing and your profit margins are 85-90%… and it’s RESIDUAL!!!

That means you’re making money month after month whether you go into the office or not…

Whether you show a house or not…

Now, you probably have tons of questions… so check out how to create Digital Real Estate assets and start building YOUR digital empire!

90%+ Success Rate

The Best Online Business Model Today

Low Investment, HIGH Returns

See the exact business model, strategies, and dozens of success stories on the next page