Episode Details
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HFHQ 47: Bruce Norris and the state of real estate markets
Description
Today I'm extremely happy to have Bruce Norris (“The Godfather of Real Estate“) on the podcast! It is a true priviledge to interview one of the most successful real estate investors out there and even though I was a little “star struck”, we still managed to talk in detail about Bruce's approach to investing and where he see's the market going in the future.
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Show Notes
- How Bruce got his start in real estate
- Learn about the “Carmax” analogy
- How to make your real estate business more successful
- Get behind-the-scenes details about how they Bruce wrote “The Crash”
- Making the changes in the market work to your advantage
- Bruce's latest predictions on the real estate market
- Why real estate is not an easy business
- How Bruce creates “The Chart”
- Learn about market conditions for 2014 and 2015
- Receive motivation on how to become successful in real estate
- Creating your legacy vs. creating a business
Tweetable Quotes
- “Getting out is more important than getting in on a timely basis because once things starts going down you won't have a lot of exits” – Bruce Norris
- “Here in the predicting business, if something doesnt occur, you have to go back to see, what is wrong or what has changed” – Bruce Norris
- “You have to keep adapting to succeed on this business” – Justin Williams
- “It's important to be part of the market” – Bruce Norris
- “Most of the people will tell you where you are without taking the risk on where you are going” – Bruce Norris
Transcript
Click here to Read and Download the Transcript for Episode 47
Links and Resources
- The Norris Group
- The Norris Group Real Estate Radio Show
- isurvivedrealestate.com
- The Millionaire Maker Seminar
Many thanks to our sponsor, Yellowletters.com. Use the offer code “HFHQ” for 10% off your first order!
Anchor Loans is one of my main hard money lenders. I absolutely recommend them to help finance your deals
Don't fear the failure!
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