Course Overview
Thousands of dollars and countless hours have been spent creating this unique and thorough look at the inevitable crash of the California real estate market. Bruce Norris released this report in January of 2006 predicting why investors would see California foreclosures increase by 3,000% by 2010.
To be fully prepared to make the correct decisions in the coming years, you must be able to answer the following questions:
- What effect will the new bankruptcy law have on the number of properties foreclosed on by lenders?
- What effect will the new bankruptcy law have on a person’s ability to wipe out an IRS lien resulting from a short sale?
- What are the new tax law changes being discussed and what impact would they have on California prices?
- What is the financial stability of the recent buyers of houses?
- How often did they put nothing down?
- How often did they get adjustable mortgage payments?
- What does their monthly budget look like and can they afford the inevitable increase in monthly payment?
- Who insures California lenders against defaults and what happens if that insurance company goes broke?
- What happens when lenders take too many properties back and are forced to close their doors?
- What long-term effects take place on interest rates and inflation when you have price increases of oil and other commodities?
- What do national debt and foreign trade deficits have to do with the direction of interest rates?
- How stable are California builders?
- Do they make themselves personally liable for debt they borrow?
- What events lead up to builders declaring bankruptcy?
- Is there a safe way to protect my equity position without selling my houses?
- What is stagflation and could it be a reality between 2006-2010?
- What long-term effect do war and events like natural disasters have on costs of materials?
- What is the financial impact on the value of commercial real estate if cap rates go up and net income goes down?
If you are unsure of the answers to any of these questions, don't miss out on the unbelievable information. This is a must-have resource for investors, Realtors, builders, and mortgage professionals.
Testimonials
"Before I attended the seminar I did some research on Bruce as a presenter and just about every website I went to gave Bruce nothing but rave reviews. ‘The real’ deal' was how past seminar attendees referred to Bruce. I couldn't agree more. I prepaid for my seminar and I now know these will be the best dollars I will have spent at the beginning of my soon to be very fruitful real estate investment career. I know I will be a money partner and returning student! Thank you to all the Norris Group."
— Anonymous
"They only get better."
— Leroy
"Great stuff! There is no other place to get this critical, timely, well researched information. Thank you!"
— Anonymous
"Bruce Norris’s modesty and trustworthiness is revealed by his words. Every word spoken by him is invaluable and his seminar is worth attending. His presentation skill, material, and his presence positively influence you and guide you in the golden world of real estate."
— Asma Memon
"Bruce works harder to earn my money than any other speaker I know. By the time he gets my seminar cost, he’s already spent hundreds or thousands of hours earning it. His research methodologies are second to none."
— Reno Caro
"Your written materials are unparalleled, as are your insights."
— Ken Kossoff
"Other seminars say, ‘Do this, do that.’ Bruce shows you ‘how’ to do it and dots all the ‘Is’ and crosses all the ‘Ts!’ "
— Keith Mills
"I have never been disappointed by any of Bruce’s speeches or seminars - quality throughout."
— Linda Wessels
"As expected, Bruce has outdone himself again. Nowhere in California can I find this condensed information presented in a user-friendly way. His vision and professionalism is unmatched. Thank you for sharing your knowledge with me and other investors to help protect our investments and get us closer to retirement."
— Tina Lasley
"Bruce is THE California teacher. If you’re going to be in our business in California, you must listen to Bruce."
— Steve Love
"This seminar provides such a unique edge; I can hardly express my gratitude for Bruce’s choice to do a California only investor’s course. I have taken several national courses and they have left me knowledgeable, but not where I felt competent enough to go out and do a deal. I have always had a nagging feeling in the back of my head regarding the use of a form or the variation in a real estate law that is not taught by the national investor’s course. Well done, Bruce!"
— Joe Hardy
"The best thing about today is knowing I don’t have to fail. The pitfalls have already been experienced and overcome by Bruce. At the very least, as I tiptoe into this, I know I can find a strong wholesale deal and I can bring that deal to The Norris Group. I can rely on their knowledge and expertise and maybe even more importantly their credibility in the industry."
— Anonymous
"The quality and presentation of the speaker and materials are quite frankly the best that I’ve experienced. I look forward to attending the next three events."
— Anonymous
"As usual, The Norris Group seminars are excellent: great speakers, content, and value."
— Hank Guarienti
"The Norris Group always has a top-notch seminar. The quality of information presented is based on extensive research, facts, and figures, not on personal opinions and tea leaves. Bruce’s personal integrity carries throughout his presentations. I feel blessed to have been exposed to his training."
— Dail Kyle