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- Jun 10, 2019
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<div class="bbWrapper">Hello everyone. I hope all is well.<br />
<br />
I'm thinking about investing in Grant Cardone's Private Equity fund and I wanted to run it by the seasoned investors here, like <a href="https://www.thefastlaneforum.com/community/members/1/" class="username" data-xf-init="member-tooltip" data-user-id="1" data-username="@MJ DeMarco">@MJ DeMarco</a>, to get your opinion on it. The fund is backed by the multi-family apartment buildings Grant's company (Cardone Capital) invests in. Here's the exact fund in question... <a href="https://cardonecapital.com/fund-v/" target="_blank" class="link link--external" rel="nofollow ugc noopener">https://cardonecapital.com/fund-v/</a><br />
<br />
Here are the bullet points if you're a non-accredited investor, which I am...<br />
<ul>
<li data-xf-list-type="ul">$5K minimum investment</li>
<li data-xf-list-type="ul">15% IRR is the targeted return after 65/35 is taken after it’s all said and done with a 10 year target</li>
<li data-xf-list-type="ul">This fund is currently yielding 4.5% and is expected to increase over time as the properties were recently acquired</li>
<li data-xf-list-type="ul">The fund pays out monthly</li>
<li data-xf-list-type="ul">Non-Accredited Investors get a 65/35 split in the Investor's favor<ul>
<li data-xf-list-type="ul">For example, if you invest 10K and the monthly cashflow return is 4.5% = 450 per year at 65% = $292.50. The real return would be 2.9%. As of 08/19 the 65/35 split isn’t being exercised and the investor is getting the full payout (this could change in the future though as the property starts producing better returns)</li>
</ul></li>
</ul><br />
I'm a new investor and would like to know if this is a good deal. I appreciate any feedback from people with experience.<br />
<br />
What are your thoughts? Is this good or bad?</div>
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