Financial guru Grant Cardone's unconventional advice for true wealth and homeownership.

Real estate investment guru Grant Cardone believes that buying a home is the worst investment people can make, due to the additional costs that come with it. Instead, he suggests renting where you live and investing the money you would have spent on a down payment into real estate that generates passive income. Cardone advocates for residential real estate, which has maintained strong fundamentals through economic turmoil, and suggests investing in a residential real estate investment trust (REIT) or crowdfunding platform. The priority is to generate cash flow, which can be invested and grown over time until there is enough money to buy a home without financial challenges.