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But we saved everything 🙂.
Grant Cardone compares performance between the S&P 500 and multifamily real estate investments since 2000. He states that stocks have achieved a 7.8% annualized return, while multifamily investments have produced an 11% annualized return during the same period.
Cardone adds that using leverage can further increase multifamily returns, suggesting it is easier to grow $1 million by 3% annually through real estate than to achieve similar gains with $200,000 in stocks. He highlights that Wall Street tends not to promote multifamily investing due to compensation structures.
Cardone has recently highlighted other multifamily transactions, including Cardone Capital's completion of a \$235 million all-cash acquisition in South Florida. He also reported that Cardone Fund 1 achieved a 47% gain, outpacing major tech stocks. These prior results have been cited in his ongoing comparisons between real estate and equities.