Cardone's Housing Reversal
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A story about how Grant Cardone, known for advising against buying homes, ended up buying a $60M mansion in Malibu.
"The one time I talked to Grant Cardone for an extended time, like 40 minutes, 20 minutes of it was on why buying a house is so stupid and why he rents everything. People were like 'Oh your penthouse is rented?' and he's like 'Yeah bro, your house is not an asset, why would I buy a house?' He's like 'I buy real estate that pays me brother.'
He was adamant about renting everything, saying 'I want to be able to move, I want to live in the place I like, and I take my money and put it to work.'
But then I was reading an article in the New York Times about these Malibu homes and how these crazy rich guys are coming in and buying these homes. Grant Cardone was featured, not as an internet personality, but just as 'another local buyer, motivational speaker and real estate entrepreneur.' He recently bought a house in Malibu for $60 million and said he was going to spend another tens of millions of dollars renovating it. When you see people spend that much on personal real estate, it's hard to fake that kind of wealth."
Sam Parr
Host of MFM and fitness influencer
Sam Parr is a serial entrepreneur and business media pioneer.
In 2016, he founded The Hustle, a business news media company that started in his kitchen with just $12 and grew to eight figures in revenue.
Sam led the charge in making newsletters popular when few believed in their potential.
After four successful years, he sold The Hustle to HubSpot, a publicly traded company. Now operating as HubSpot Media, The Hustle reaches 3 million readers daily, employs a team of nearly 100, and has been the launchpad for dozens of its staff to found their own media companies and newsletters.
Sam remains the host of the popular business podcast, My First Million, and continues to start and sell companies. He also co-founded Hampton, a highly vetted community for entrepreneurs, founders, and CEOs, and teaches people to write better through his platform, Copy That.