EP389: Norm Gordon - Make a Fortune in Real Estate
"People overestimate what they could do in a year, but they highly underestimate what happens in a decade." — Norm Gordon
Norm Gordon was given a riddle as a boy by one of his father's business partners: how do you buy something for a dollar, sell it for 90 cents, and still make a profit? It took him decades to figure it out. The answer — elegant, counterintuitive, and entirely practical — turned out to be the foundation of a real estate career that grew to over 1,000 units.
Norm started as Raymond's student in 1991. The first building he bought after taking that course cost $515,000 with…
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