REI084: Investing In Oil Wells Like Rental Properties w/ Grant Norwood

The Intrinsic Value Podcast - The Investor’s Podcast Network

The Investor's Podcast Network

Business, Education, Investing

4.6 • 592 Ratings

🗓️ 23 August 2021

⏱️ 64 minutes

🔗️ Recording | iTunes | RSS

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Summary

On today’s show, Robert Leonard chats with Grant Norwood once again, but this time they talk about the different strategies of real estate syndications and how they compare to what Grant does with oil; why there is pressure on Exxon and other big oil companies from governments and activist investors; what The Greenpath is and what impact it is going to have, and much, much more! IN THIS EPISODE, YOU’LL LEARN: 00:00 - Intro 21:30 - Where Grant thinks oil prices will end this year, why industry experts are expecting triple-digit prices by the end of 2021, and its indirect effects on the listeners’ everyday life. 36:49 - How an investor can find the right oil driller and the right well. 40:41 - How government involvement in oil production affects the success and future development of domestic oil production and the price of energy and basic materials. 43:42 - What tax benefits and incentives are available when investing in oil and how it is similar and different from real estate. 47:00 - What Grant sees as the right percentage of someone’s portfolio to be allocated in oil investments. And much, much more! *Disclaimer: Slight timestamp discrepancies may occur due to podcast platform differences. BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Kyle and the other community members. Get more FREE content from Robert. Read the 9 Key Steps to Effective Personal Financial Management. Related Episode: Listen to MI062: Investing in the Oil and Gas Industry w/ Grant Norwood, or watch the video. Reed Goossens' book Investing in the US. Chad Carson’s book Retire Early with Real Estate. Joe Fairless’ book Best Ever Apartment Syndication. All of Robert’s favorite books. NEW TO THE SHOW? Check out our Millennial Investing Starter Packs. Browse through all our episodes (complete with transcripts) here. Try Kyle’s favorite tool for picking stock winners and managing our portfolios: TIP Finance. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: Fiscal.AI Connect with Robert: Website | Twitter | Instagram Connect with Grant: Website | Instagram | Facebook Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm Learn more about your ad choices. Visit megaphone.fm/adchoices Support our show by becoming a premium member! https://theinvestorspodcastnetwork.supportingcast.fm

Transcript

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0:00.0	You're listening to TIP.
0:02.2	There's a lot of chatter about this in my industry because it's so mainstream that amongst
0:08.7	colleagues, they almost have to say it's not possible to build themselves up and not feel
0:14.9	bad about it.
0:15.7	And I think that the ones that are doing so almost believe it is possible, or they wouldn't be going,
0:22.8	oh yeah, there's no way, there's no way. I know there's no way, so I rarely bring it up.
0:29.8	On today's show, I chat with Grant Norwood again, and this time we talk about the different
0:34.5	strategies of real estate syndications and how they compare to what Grant
0:37.9	does with oil, why there is pressure on Exxon and other big oil companies from governments and
0:42.6	activists investors, what the green path is, and what impact it's going to have, and a bunch more.
0:49.8	Grant is the CEO of Norwood Energy Corp and has successfully worked on projects in the Oklahoma
0:55.0	Scoop and Stack Basins, active areas around Texas, as well as the Illinois Basin. Grant's
1:02.0	specialty is recognizing opportunity hotspots in undiscovered areas of the country where they can
1:06.9	operate significantly below what it would cost the oil giants, such as Exxon or Chevron.
1:12.7	Grant couples his expertise with the desire to help everyday passive investors get involved
1:17.7	in what is one of the most lucrative and yet inaccessible industries in the world.
1:23.5	I hope you guys enjoy this conversation with Grant Norwood.
1:29.8	You're listening to Real Estate Investing by the Investors Podcast Network,
1:34.2	where your host, Robert Leonard, interview successful investors from various real estate investing niches
1:40.2	to help educate you on your real estate investing journey.
1:51.4	Thank you. to help educate you on your real estate investing journey. Hey everyone, welcome to the Real Estate 101 podcast.
1:55.2	As always, I'm your host, Robert Leonard.
	...

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