Grant Cardone, a famous real estate investor, has created a new investment fund that combines real estate and Bitcoin.
This unique approach aims to make money in both areas while offering stability and the potential for big profits.
Cardone’s fund is focusing on properties in Florida’s Space Coast, a region famous for its space-related attractions, like the Kennedy Space Center.
Cardone’s goal is to raise $87.5 million for the fund, with a minimum investment of $250,000.
He uses his own money to buy real estate and Bitcoin, then offers these investments to his partners and investors at the same price.
The goal is to balance the risk of Bitcoin’s ups and downs by using the steady cash flow from real estate.
For the next four years, the money earned from these properties will help buy more Bitcoin.
Cardone believes that, based on past trends, the Bitcoin could grow to around $30 million in four years.
After that, the Bitcoin will be sold, and the investors will get back their original money.
The fund will focus on homes along Florida’s Space Coast, which includes cities like Cocoa Beach, Melbourne, and Titusville.
This area is popular because of nearby space companies, like Elon Musk’s SpaceX and Jeff Bezos’ Blue Origin.
These companies are making the region even more attractive for homebuyers and investors.
Cardone believes this combination of real estate and Bitcoin will create strong, reliable returns for investors.
Whether you’re interested in real estate or cryptocurrency, this new fund could be a great opportunity to consider.