10X Space Coast Bitcoin Fund
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Real estate investor Grant Cardone once said investing in your own home is ‘dead money.’ Here’s what you can do instead
Yahoo Finance· 2026-03-17 11:00
Core Viewpoint - Grant Cardone emphasizes that buying a home for personal living is often a poor investment choice, advocating instead for real estate investments that generate income without being tied to personal living situations [4][5]. Group 1: Investment Philosophy - Cardone describes homeownership as "dead money," indicating that it typically does not yield significant returns and is often a long-term financial commitment [1]. - He suggests that instead of purchasing a home, individuals should consider investing in properties that others live in, thereby generating profit from rental income [5][6]. - Cardone's hybrid investment strategy combines multifamily real estate with Bitcoin, aiming to leverage the stability of real estate and the liquidity of cryptocurrency [2][3]. Group 2: Market Conditions - A CNN poll indicates that 86% of American renters aspire to buy a home but find it financially unfeasible, highlighting the challenges posed by high home prices and interest rates [6]. - Rising interest rates, influenced by geopolitical factors and inflation, are making homeownership increasingly difficult for potential buyers [7]. - The supply of available homes remains below pre-pandemic levels, leading to fierce competition in the housing market despite some reductions in interest rates [7]. Group 3: Investment Opportunities - Crowdfunding platforms are presented as a viable option for individuals looking to invest in real estate without substantial down payments, allowing collective investment in properties [8]. - Investment in vacation rental markets through platforms like Arrived enables individuals to earn passive income without the responsibilities of traditional landlord duties [10]. - Long-term rental investments are facilitated by platforms like Mogul, which offer fractional ownership in high-quality rental properties, providing steady returns and tax benefits [12][13]. Group 4: Industrial Real Estate - The industrial real estate sector is experiencing significant growth, driven by mechanisms like build-to-suit financing, which allows manufacturers to rent purpose-built facilities [16][17]. - Lightstone DIRECT offers accredited investors direct access to institutional-quality multifamily opportunities, enhancing transparency and reducing fees [19][20]. - Lightstone has a strong track record with a historical net IRR of 27.6% and $12 billion in assets under management, making it a robust investment vehicle in the real estate sector [22].
Grant Cardone's Company Adds Nearly $70 Million In Bitcoin As He Hails It As The Only Scarce Minable Asset
Yahoo Finance· 2026-01-24 17:31
Group 1 - Grant Cardone has added nearly $70 million worth of Bitcoin to his company's balance sheet, including a $10 million purchase and 650 BTC valued at approximately $58 million for Cardone Capital's hybrid fund model [1][2] - Cardone emphasizes Bitcoin as the only scarce minable resource, contrasting it with other commodities like oil and gas, which he claims have no shortage [2][3] - The hybrid fund model aims to introduce liquidity to the illiquid real estate market, potentially offering returns of 35% annually by combining Bitcoin's volatility with real estate stability [5][6] Group 2 - Cardone Capital has launched three hybrid funds that combine real estate with Bitcoin, including the 10X Space Coast Bitcoin Fund, the 10X Miami River Fund, and the 10X Boca Raton Fund, with significant investments in both properties and Bitcoin [6][8] - The 10X Space Coast Bitcoin Fund includes 300 apartments in Melbourne, Florida, combined with $15 million in Bitcoin, while the 10X Miami River Fund features 346 apartment units with $300 million in Bitcoin [8] - The 10X Boca Raton Fund plans to combine 366 apartments with $100 million in Bitcoin, showcasing the company's strategy to leverage real estate and cryptocurrency [8]
Grant Cardone Compares Bitcoin To Printing Press, Telephone, Internet, Says It Advances Money
Yahoo Finance· 2026-01-03 15:45
Core Insights - Grant Cardone positions Bitcoin as a transformative innovation comparable to historical advancements like the printing press and the internet, suggesting it will take time for widespread adoption [1][2] - Bitcoin's price has experienced volatility, reaching a peak of $126,000 in 2025 before dropping to around $88,000, reflecting an 11% decline this year due to market uncertainties [2] - Cardone has launched several funds that integrate Bitcoin with real estate, aiming to leverage Bitcoin's volatility and liquidity for real estate investors [3] Fund Launches - Cardone has initiated three Bitcoin and real estate funds: the 10X Space Coast Bitcoin Fund, the 10X Miami River Fund, and the 10X Boca Raton Bitcoin Fund, with plans for a total of ten funds [4][5] - The 10X Space Coast Bitcoin Fund combines 300 apartment units with $15 million in Bitcoin, while the 10X Miami River Fund merges 346 apartments with $300 million in Bitcoin [5] - The upcoming 10X Boca Raton Bitcoin Fund aims to integrate $100 million with 366 apartment units [6] Investment Strategy - Cardone continues to accumulate Bitcoin during its price fluctuations, viewing the current market conditions as an opportunity to acquire the asset at lower prices [6]