• Upcoming Meetings

    NorCalREIA, Sacramento’s oldest real estate investor club consists of a vast range of real estate experience.  Our members consist of agents, brokers, and lenders, including a large group of investors whose experience ranges from newbie to years of experience. 2019 provides the educated and dedicated investor opportunities to create wealth one step at a time in a supportive environment.

    Upcoming Meetings in 2020:
    Always the SECOND Wednesday…

    NorCalREIA 2020 Our BEST year yet!

    MARCH 11TH WITH BRUCE NORRIS

    What will it take to succeed in a year of uncertainty?

    March 11th join Bruce and over 200 of your closest friends in Real Estate. Bruce Norris – long time investor – builder and hard money lender – shares his top six things investors need to succeed in 2020.

    2020 will be a unique and challenging year. In addition to all the crucial charts we track, it’s imperative to talk about six critical categories:

    Discussions and insights:
    • Inventory to exit while you still have time
    • Overcoming barriers in 2020 that will stop most investors
    • Uncover creative profit centers in 2020 (using recent deals as examples)
    • Hone negotiating skills for profitable deals when others fail
    • Taking inventory of all your assets and putting them to good use
    • Writing a new set of goals that will drive you to new heights in 2020

    Saturday March 14th Bruce Norris All Day Event

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    David Granzella:
    Phone: 916-791-8322

    Click to Contact David Granzella

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NorCalREIA presents Mary Morrongiello “going ROGUE WITH REHAB”

“GOING ROGUE WITH REHAB”

Educator: Mary Morrongiello
Seminar Saturday 9/21/2013 8:00 am – 5:00 pm
Sacramento Crowne Plaza
Registration Only $199. At the door $249. ( if seating is available )

Having just completed house #91 as a flip and are booked with projects through beginning of 2014. Mary began flipping in California in 1998 after moving here from Tampa Bay. She went broke in the market decline of 2007 when she got stuck with a million dollar plus wine country rehab. It has taken 6 years to recover but she gets up every day and moves forward as the life of a flipper is filled with “rags to riches” cycles. Learn how you can create “WEALTH”.

Class begins promptly at 8:00 and ABSOLUTELY NO RECORDING DEVICES ALLOWED or you will be removed promptly without a refund! (I cannot teach you the down and dirty realities of how to succeed in this very difficult business if I have outside ears or eyes dissecting content)

Who will succeed and who will fail as a flipper and most importantly, WHY?

Summary of California Micro markets as of September 2013

Working a territory like Willy Lohman (read Death of a Salesman)

*Our approach to finding deals (to flip only)

1. Agents that work and agents that don’t have any power or any inventory
2. Kitchen table discussions
3. Marketing
4. Short sales, reo’s
5. Building referrals from past projects

*The Process, The crew, The choices, The re-sale

HOW TO FIND A GOOD CONTRACTOR!!

1. Once in contract what do you need to do PRIOR TO COE?
a. what inspections, who to use
b. pulling permits – drafting plans, dealing with beauracrats , tactics that will save time and money
2. Reasons to walk away, reasons to Run!
3. What should be on site the day you are “on record”
4. By end of first 3 days…What should be on site, how do you determine that , how do you get it there, what is range of cost?
5. Running the job ( How to work on the crew… not in it)

Before and after photos to dissect why certain choices drives up the price over the competition.

Once in contract with a buyer – WHAT WILL YOU DO AND WHERE DO YOU DRAW THE LINE?

5:00 – OPEN QUESTIONS, I WILL STAY UNTIL THE LAST QUESTION IS ANSWERED

Register on this page, top left “Register Now”

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