Predict Market Crashes and Profit From a Recession with Steve Pollack

Click here for timestamps and episode resources. Steven Pollack is a legend in the fix-and-flip industry. He founded his company Anchor Loans back in 1998 providing private capital to fix-and-flip in Southern California and right now he keeps killing it as CEO of his own company. He brings over 30 years of experience and a powerful understanding of the cyclical nature of real estate investing. There are no mistakes when it comes to Steve Pollack's history: he helps his clients fund projects, by lending them money from private resources, instead of coming from banks like a classic way. Dr. Pollack went from having nothing back in '97 to own 170 million USD in 8 years, and the US Government helped him achieve that with a social program. Originally from New York, this guy has a Doctorate in Optometry from the University of California, Berkley and a Bachelor of Science degree in Psychobiology. Although he had his career all figured out (he even ran a successful optometry practice) he always had a  passion for real estate, which led him to develop a huge portfolio of properties.  In this episode, Steven Pollack shares how in a blink of an eye he went from being an optometrist with a successful business to a landlord and a professional poker player. Learn Steve's reasons why real estate is not for people that want to get rich the fast way, but for those that want wealth as a permanent state in their lives. If you think you are failing simply because of the decisions you make, think again and this time, count your strengths and weaknesses. Practice patience to achieve your goals while listening to this Respect the Grind episode.