There’s now 100% chance the US economy will enter a recession
within a year, Bloomberg Economics, October 18, 2022
Opportunity is knocking on our door once again. Sacramento went from the top
10 list of cities to invest in, to #5 in price declining cities.
Redfin Reports Sacramento housing market is cooling faster than other cities in the U.S.
Redfin analysis ranks Sacramento, 5th on the 100 most populous U.S. metropolitan
areas based on how quickly they’re cooling.
Learn from our highly experienced investor team (including Friday, November 11th ), exactly what to do to take advantage of this
transitioning market.
“It only takes one cycle to create wealth” Bruce Norris
Our team:
Laurel Sagen is a local licensed contractor who wholesales – flips 100 houses a year
and has been at it for the last 20 years.
Mike Gobbi is a REO agent for 41 years. From 2008 – 2010 Mike closed 250 REO’s
EACH year! Yes, EACH year!
Merton with Merton’s Construction – General Contractor specializing in turnkey rehabs
handling the entire project with over 71 flip rehabs and hundreds of owner remodels.
Join Laurel and Mike on Wednesday November 9 th @ 5 PM a ZOOM event.
Laurel Sagen will cover:
How to make money in this market
Strategies for thriving in a down market
Fix and Flip?
Buy and Hold?
Wholesale?
Mind your Numbers!
Your after-repair value is dropping anticipate it
Your repair numbers are going up Labor materials transportation etc.
Your time on market
What are rents going to do?
Acquisition costs?
Financing?
Maintenance and Management?
What are investors looking for?
Multiple marketing channels.
Mike Gobbi will cover:
Great times are ahead – AGAIN!
REO agent for 41 years shares where are the REO’s and will there be any in the future.
Creative real estate is back, take the blinders off and think out of the box.
When the market shifts and the mortgage rates go up the creativity increases.
Special Guest:
Teaches us mindset and how implementing the above actions can change your life.
Generating income and creating generational wealth and passive income. No matter
what the housing market, economy or the stock market does.
Jim Rohn “we are the average of the five people we spend the most time with”
Friday November 11 th @ 7:00 AM “LIVE”
Looking for your next steps from Laurel and
Mikes presentation on “how to” evaluate your costs and numbers. Join Merton with
Merton’s Construction – General Contractor specializing in turnkey rehabs handling the
entire project with over 71 flip rehabs and hundreds of owner remodels.
Merton will cover:
Learn rehabbing costs for Fix and Flip and Buy and Hold?
Know your Numbers!
Learn to evaluate a property. Deal or no deal?
Your repair numbers are going up. Know them what they are.
FREE for annual members networking event. Networking 7-7:30 am Meeting 7:30- 9:00 am
Meetings are FREE to annual members and $30 per meeting for non-members. Annual
membership (includes both meetings) is $250 request a membership at [email protected]
Register for November 9th @ https://norcalreia.com click on “Register Now”
Annual members will receive registration link and LIVE meeting location