Uploaded July 2026 | Updated September 2026, 2 weeks ago
Cardone DEFENDS his position claiming the suit is frivolous - Cardone demanded depositions be made public. “who makes a deposition public?”
IN PART 2 Cardone discloses THE BUSINESS OF CLASS ACTION LAW SUITS & how law firms makes millions TARGETING HIGH PROFILE BUSINESS OWNERS. “The BIG FIRMS SMOTHER the little guy WITH EXPENSIVE legal fees, endless paperwork, but mostly the threat of public embarrassment & REPUTATIONAL damage.
CARDONE says, “I have SPENT $6M ON THIS SUIT AND WILL SPEND MY LAST DOLLAR IF NECESSARY TO DEFEND MY REPUTATION AND OUR INVESTORS.”
Cardone Capital distributed $22 million to investors on the dayS BEFORE THIS deposition and says in this clip if the plaintiff wins the investor loses everything.
Deposition playlist
youtube.com/playlist?list=PLDZRKttyKlP8
Chapters
00:00 Cardone Capital’s property selection strategy
04:15 “Everybody was wrong”
04:50 Can a Class A property guarantee 15%?
06:45 Acquisition cap rate versus pro forma cap rate
10:30 Cash flow, management, inflation, and projections
12:37 Grant accepts responsibility for underwriting
14:36 “I am the fund”
16:34 The seven to ten year exit strategy
19:15 The 15% target and no guarantee disclosure
23:03 The SEC letter enters the deposition
24:18 SEC asks Cardone Capital to revise the disclosure
26:30 The “Call the court” confrontation
27:11 Grant says the 15% target had a basis
34:30 Did the SEC have Grant’s track record?
41:42 Cardone Capital removes the 15% references
44:46 “The SEC made a mistake”
51:31 The time traveler question
55:07 96 months of investor distributions
56:54 $22 million sent to investors
59:51 The reported Fund 5 and Fund 6 IRRs
1:03:07 Who audited the IRR calculations?
1:06:57 How the 65/35 split works
1:10:31 “People call me Robin Hood”
1:12:32 Will Grant give up his 35%?
1:12:59 “I’m going to take my promote”
1:15:24 Why IRR requires an exit or refinance
1:16:50 “We’re still pregnant with the asset”
1:21:15 Independent property appraisals
1:26:49 How Cardone Capital uses non-recourse debt
1:34:39 Five year interest-only mortgages
#GrantCardone #CardoneCapital #RealEstateInvesting #deposition
Cardone DEFENDS his position claiming the suit is frivolous - Cardone demanded depositions be made public. “who makes a deposition public?”
IN PART 2 Cardone discloses THE BUSINESS OF CLASS ACTION LAW SUITS & how law firms makes millions TARGETING HIGH PROFILE BUSINESS OWNERS. “The BIG FIRMS SMOTHER the little guy WITH EXPENSIVE legal fees, endless paperwork, but mostly the threat of public embarrassment & REPUTATIONAL damage.
CARDONE says, “I have SPENT $6M ON THIS SUIT AND WILL SPEND MY LAST DOLLAR IF NECESSARY TO DEFEND MY REPUTATION AND OUR INVESTORS.”
Cardone Capital distributed $22 million to investors on the dayS BEFORE THIS deposition and says in this clip if the plaintiff wins the investor loses everything.
Deposition playlist
youtube.com/playlist?list=PLDZRKttyKlP8
Chapters
00:00 Cardone Capital’s property selection strategy
04:15 “Everybody was wrong”
04:50 Can a Class A property guarantee 15%?
06:45 Acquisition cap rate versus pro forma cap rate
10:30 Cash flow, management, inflation, and projections
12:37 Grant accepts responsibility for underwriting
14:36 “I am the fund”
16:34 The seven to ten year exit strategy
19:15 The 15% target and no guarantee disclosure
23:03 The SEC letter enters the deposition
24:18 SEC asks Cardone Capital to revise the disclosure
26:30 The “Call the court” confrontation
27:11 Grant says the 15% target had a basis
34:30 Did the SEC have Grant’s track record?
41:42 Cardone Capital removes the 15% references
44:46 “The SEC made a mistake”
51:31 The time traveler question
55:07 96 months of investor distributions
56:54 $22 million sent to investors
59:51 The reported Fund 5 and Fund 6 IRRs
1:03:07 Who audited the IRR calculations?
1:06:57 How the 65/35 split works
1:10:31 “People call me Robin Hood”
1:12:32 Will Grant give up his 35%?
1:12:59 “I’m going to take my promote”
1:15:24 Why IRR requires an exit or refinance
1:16:50 “We’re still pregnant with the asset”
1:21:15 Independent property appraisals
1:26:49 How Cardone Capital uses non-recourse debt
1:34:39 Five year interest-only mortgages
#GrantCardone #CardoneCapital #RealEstateInvesting #deposition
