Author Wants To Invest $1 Billion Worth Of Florida Real Estate

, Daily Business Review

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Motivational speaker and bestselling-author Grant Cardone, author of "If You're Not First, You're Last," has already spent $250 million on Florida real estate.

What's being said

  • Florida prices certainly look "more attractive" than California real estate. However, in the "bubble" hoards of California investors opted their 1031 exchanges to Florida because California prices were insane. Not only did this drive up Florida prices w/ transactions recorded and bidding wars, all equity was lost. Hopefully this investor understands the last bubble, does the numbers right because re-bubble is already starting.

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