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Bruce Norris and the Norris Group

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By Bruce Kellogg

Who is Bruce Norris?

Bruce is a longtime real estate investor, builder, “hard money” lender, and real estate educator with over 35 years of experience. His history includes over 2,000 real estate transactions as buyer, seller, builder, or money lender.

He was married at 17, and had two children by age 18. He has lived on food stamps, and was fired from five consecutive jobs before entering his present business. He started by flipping houses, and he opened The Norris Group in 1997 as a “hard money” lender.

What Has He Done?

Renowned for his ability to forecast long-term real estate trends and timing, the release of The California Comeback report in 1997 gained him much notoriety. The accuracy of the extensive report led many California investors to financial freedom. His January 2006 release, The California Crash, was an in-depth look into the California market correction and the statistics behind Bruce’s predictions.

Bruce speaks and debates nationally, and has been a guest speaker at the Mortgage Bankers Association, REOMAC, Inman, HousingWire, California Association of Realtors, California Builders Industry Association, California Mortgage Association, the Real Estate Research Council, and several local and national investment clubs, associations, and service clubs. Bruce has met with local and national government officials, including FHA and Fannie Mae, to discuss market solutions and insights.

Bruce has contributed articles to many real estate magazines and newsletters, including The Business Press, Scotsman Guide, Creative Real Estate Magazine, The Orange County Register, RealtyTrac’s Foreclosure Newsletter, AOA Magazine, and The Daily Commerce. He has also been featured in: The Wall Street Journal, Fox Business News, Nightline ABC, The New York Times, Time Magazine, Good Morning America, The Los Angeles Times, Fortune, Mortgage Banker Magazine, Money Magazine, Reuters, The Associated Press, The Tribune, and numerous others.

What is Bruce Doing Now?

Bruce is also the host of the award-winning series, I Survived Real Estate. The events bring together leaders from numerous real estate sectors to discuss legal regulations, stimulus-related issues, and solutions to the current market. The events have also helped raise over $860,000 for charity since they began in 2008.

Bruce hosts the award-winning Norris Group Real Estate Radio Show and Podcast, where he interviews real estate industry leaders, authors, government officials, local experts, and economists. Guests have included representatives from the FBI, the MBA, Freddie Mac, the Appraisal Institute, HUD, Fannie Mae, PropertyRadar, Auction.com, PIMCO, PMI Group, REDC, the National Auctioneers Association, and the Center for Responsible Lending, as well as Peter Schiff of Euro-Pacific Capital, and John Maudlin, to name a few. There are almost 600 shows and 250 hours of free education in the real estate radio archives.

Bruce currently serves on the Executive Board for the Real Estate Research Council of Southern California. He was awarded Educator of the Year by Think Realty in 2018.

What About the Norris Group?

Besides making “hard money” loans in California and Florida, The Norris Group educates investors. Their training is unique in that they created the Quadrant System, which takes a lot of their market timing research and layers buying and selling strategies to the market. Their learning management system has over 60 hours of content, but an investor won’t use all of it at one time. In addition, they consider the investor’s skillset and personality, and can do one-on-one strategy sessions that consider who the person is, where the market is, and how they will most likely best succeed in the business. The Norris Group recommends exploring their free content, like their radio show and weekly real estate news videos, and then explore their VIP Subscription.

What About Bruce’s Market Predictions

Bruce is worried that markets have become hot in California. Affordability numbers suggest we could still experience price increases in many areas of California. We have never had “full employment” and a great economy while experiencing a decline. However, Bruce is concerned about a number of issues including interest rates, and in some markets how hot prices have become. His long-term and short-term outlooks for California differ. He wants investors to really think about protecting themselves in the next few years, and avoid buying into the hype.

The Norris Group in Florida

Bruce has been investing in Florida since Hurricane Andrew. Over 20 years, he and the Norris Group have built houses, done “flips”, and acquired rentals, along with establishing a “hard money” lending business. Bruce exchanged some California properties into new construction rentals over the last four years and expects to see many California investors diversify by using Internal Revenue Code (IRC) Section 1031 to exchange into Florida properties.

The Norris Group offers readers to visit their website, www:TheNorrisGroup, to take advantage of the free items available there.

 

 

HACK YOUR WAY TO HOUSE FLIPPING Success In 30 Days, Or Less

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Meet the NEW Step-by-Step Map for Getting Paid for Flipping Houses

By Sensei Gilliland, CEO of Black Belt Investors

Flipping houses can be hugely profitable and freeing. It’s a complete life-changer.At least that’s true if you get it right, and you stick it out until you start getting those checks in the door. Sadly, far too many don’t make it. Despite all the knowledge out there, the books, the training programs, and big money bootcamps, and reality TV shows, they just never follow through to success. Fortunately, it doesn’t have to be that way. It can be a lot easier and faster.

The Two Biggest Challenges to Success in Flipping Houses

#1: IT’S TOO COMPLICATED

There can be a lot to think about and look at when investing in real estate. It should be given some thought. Yet, all too often it is made far more complicated than it needs to be.

This is especially true for those trying to do it all themselves, and build their own systems from scratch. They get lost in the analysis, the contracts, the financing, and building complex marketing funnels. Sometimes they never really get started. Or they spend months trying to do a single deal, or go broke before they make a buck. That’s tragic.

#2: GETTING STUCK ON THE NEXT STEPS

Far more get lost in the process. Some start taking action, then just hit a wall, because they don’t know what to do next. They’ll run some ads, and then freak out and freeze when the phone starts ringing.

They’ll make some offers, and then panic when someone is interested. They’ll close a deal, and then just drag out a flip for months. Others try to rely on just one tactic or strategy they see others using online.

They keep banging their heads against the same wall, wondering why it isn’t working for them, even if they don’t really know if it is working for the person they borrowed it from. They are always stuck on the next step.

MAPPING OUT SOLUTIONS

As a new house flipper or wholesaler, you really don’t need to get stuck or stall out like this. You don’t need to get hung up on just one tactic, make it overly complex, or stall out.

Providing you adopt a good system, follow the success path of others, and have a good range of marketing weapons on your back, or at least a really sharp Samurai’s blade to hack your way to the money.

THE FREE 30-DAY ACTION PLAN& ROADMAP TO SUCCESS

What new house flippers and wholesalers really need is a clear roadmap, and action steps they can take, and implement on a daily basis.

That’s why we created the 30-Day Action Plan & Blueprint for Flipping Houses. It’s literally a blueprint of what to do each day for your next 30 days. A visual day-by-day map from getting from where you are to landing deals and your next paycheck.

It’s currently available free, for a limited time, on the Black Belt Investors website. You can download it and print it out, or save it to your laptop.

Print it and post it on your door, next to your desk, or by your bed, so you know what you are going to do before your feet even hit the floor in the morning.

Or make it your screensaver, so it is always present when you bootup for the day.

Then we made it even easier and more powerful. We added a 30 day mini-email series. It pops up a new prompt every morning, with a daily mission to carry you forward. It breaks it down to easy startup to-dos, and the number of offers to make on a given day, so you are making non-stop progress.

You open your email when you are about to hit that morning run or cup of coffee, get your Mission of the Day, crush it, and keep making plays that are going to put money in your pocket.

It makes getting started in real estate insanely easy. And, yes, it’s totally free, no credit card number needed.

MORE SUPPORT

Of course, if you want more support we’ve got that too. The action plan and blueprint you can just run with by yourself, no roadblocks.

Or you can choose to come out to one of our live events, join a local Black Belt Investors Meetup group, or opt for personal live coaching. Or if you just want something that just works while you get on enjoying life, we’ve got deals too. You buy them. We’ll rehab and rent them, offering investors a truly turn-key investment at rock-bottom prices.

FOR INFORMATION VISIT:

BlackBeltInvestors.com/blueprint