Grant Cardone: one closing compared with five transactions

Grant Cardone explained his preference for larger properties by comparing the work around a single purchase with the work around several smaller deals. His example counted closings and due diligence processes.

The work repeated with each deal

Cardone described one close, one deal and one due diligence process for a larger transaction. He contrasted that with completing five separate acquisitions. His comparison concerned the number of transaction processes his team would have to carry.

The example explains his operating preference

He also discussed barriers to entry and the pool of buyers. The recording supplies his reasoning for the size of property he sought.

In Grant Cardone's words

"one close, one deal, one due diligence" (Grant Cardone, Family Office Club event talk introduced by Richard C. Wilson)

How to use this

Count the separate closing and review processes in competing acquisition plans.
Include repeated transaction work when comparing a single purchase with several purchases.

Questions and answers

What repeated work did Cardone count?

The closing, deal process and due diligence for each acquisition.

What did the comparison explain?

His stated preference for larger property transactions.