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Part 13: Patrick Bet-David Breaks Down How He Built Generational Wealth
Part 11: Patrick Bet-David on $450 Million Net Worth, $70M in Stocks, Sold Company for $300M
Part 1: Patrick Bet-David on Family Escaping from Iran, Growing Up Poor on Welfare in LA
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Patrick Bet-David and Vlad discussed the myths and realities of real estate investment. Vlad noted from his personal experience he has never turned a profit in property, often breaking even or making a loss. Echoing advice given to him by Grant Cardone, Vlad claimed real estate is generally unprofitable unless one acquires at least eight units. According to Vlad, real estate is portrayed as the ultimate "American Dream," which can be detrimental for homeowners who continue to pay interest long-term on properties that do not increase significantly in value. Patrick Bet-David disagreed to an extent, arguing that one's real estate experience can differ based on geographical location and lifestyle choices.
