Grant Cardone isn’t trading paper for paper, and if you handed him $50,000, he says he wouldn’t even need to spend it.
In a recent appearance on “VladTV,” the real estate entrepreneur and business advisor was asked what he would do if that was all the money he had left in the world.
The host, Vlad, broke it down into tiers ($10,000, $50,000, $100,000) and asked how Cardone would invest at each stage. Cardone did not hesitate.
“If I only had $10,000… I would invest it in learning something,” he said. “Get some skills.”
But the moment the figure jumped to $50,000, Cardone changed course and abandoned a strategy that had nothing to do with stocks or cryptocurrencies.
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“I would probably use $50,000 to buy a business,” Cardone said. “I probably wouldn’t even use the 50. I’d use the 50 in a bank account to show the guy I’m legit.”
He said the key is not just money, but finding the right type of owner.
“You need a place where someone is tired. Tired of being in the business.”
Cardone would walk in, show the $50,000 as proof of funds, and offer a deal to take over the operation, with no money exchanged upfront.
“Your business is making 50 grand a month… You get the first 50. I get the keys. I get the business. We keep the name on it. You go home. You still get 50. I get everything above that.”
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Vlad ruled out a car wash as a suggestion.
“Could be,” Cardone responded. “Probably not.”
Instead, he listed laundromats, small apartment buildings, cosmetology shops and tattoo studios as his preferred options. Not because they are glamorous, but because they are established.
You’re looking for companies that have been around for five to seven years, run by someone who has put in the work and is finally ready to take a step back. The bills are paid, the systems are in place, and the owner has probably earned enough to walk away happy, as long as the checks keep coming. That’s when Cardone steps in and takes everything over the baseline.
Cardone has long criticized homeownership, calling it a waste of time and money. He maintains that his own house does not generate income, it only generates expenses. But rental properties? He is completely in.
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Their message is clear: if it pays you, it’s worth your time.
Still, not everyone has $50,000 to show a tired homeowner in the face. And not everyone wants to run a laundry. But for people who want to take advantage of real estate income without full buy-in, platforms like Arrived make it possible to invest in rental homes with as little as $100: no tenants, no maintenance calls, no taking the keys from a frazzled barber.
It’s real estate that really pays you, without the hassle of ownership. Just a passive income from a shared property and you’ll still keep your day job.
As always, anyone considering a big investment—whether it’s a laundromat, a fractional interest in a home, or a tired tattoo artist transferring a business—should talk to a licensed financial advisor first.
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This article Grant Cardone Says If He Only Had $50K to Invest, He’d Find a ‘Tired’ Laundromat Owner and Take Over His Business Without Spending a Dime originally appeared on Benzinga.com
