FUNDAMENTALS
CREATIVE INVESTING
10X Living at Sawgrass
CARDONE ’ S C OLUMN :
Creative Real Estate Investing Strategies
OUT-OF-THE-BOX OPTIONS OFFER MORE WAYS TO INVEST IN REAL ESTATE THAN EVER BEFORE
by Grant Cardone
OPTION 1: BUY AND HOLD Buy and hold means buying a rent- al property and finding a tenant to rent it. This is how I first got started and I’ll tell you that being a landlord is not everything it’s cracked up to be. That’s one of the reasons I creat- ed Cardone Capital—to give everyday folks the opportunity to invest on a large scale without needing a lot of money and without the hassles of personally managing property.
OPTION 2: FIX AND FLIP The other way to go is a fix-and- flip strategy which you’ve probably seen in action on a lot of real estate reality shows. This strategy involves buying a distressed property, fixing it up, and selling it for a profit. For the longest time, that was it, but recently things have gotten a lot more interesting with more opportu- nities for people to get into the real estate market.
ack when I was first getting started in real estate invest-
B
ments, I had two strategies avail- able to me. I could buy-and-hold or fix-and-flip. That was it. Thankfully, these days, there are a bunch of new out-of-the-box strategies for invest- ing in real estate that fall into the new category of “creative investing.” When most people think about real estate investing, they figure they have two ways to go.
28 | think realty magazine :: may 2021
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