AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
2min snip
Real Estate Expert: I Quit My 9-5 Job After Learning THIS About Buying Rental Properties
The Iced Coffee Hour
Heed the Warnings Before the Fall
In 2005, landlords faced immense challenges as tenants with poor credit quality were able to buy homes, highlighting the unstable market. Insights from expert Bruce Norris in 2006 underscored the unsustainable affordability levels and the poor quality of mortgages in California, prompting a warning to sell properties. Noticing alarming affordability trends, proactive measures were taken over 11 months to divest from real estate through 1031 exchanges to avoid tax penalties, demonstrating the importance of recognizing early indicators of market volatility.
00:00
Transcript
Episode notes
Get the Snipd
podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any
moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share
& Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode