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Six Proven Steps to Become a Real Estate Multi-Millionaire PDF Print E-mail

Bruce Norris

In the last several months, The Norris Group has purchased 30 lender owned properties. On these 30 properties, the lenders were owed $10,141,900. We snatched them for $2,921,717. The lenders took a 71% hit! What’s going on here?

We are witnessing the greatest transference of wealth, IN HISTORY!


I’m in the trenches everyday as an investor. I know things you couldn’t possibly know. I know first-hand that lenders have thrown in the towel. They are running away from properties, giving huge discounts, and have radically changed their approach to investor offers in just the past 60 days. How do I know this?

Topic for Meeting:

Six Proven Steps to Become a Real Estate Multi-Millionaire… in the Next 24 Months


....Because The Norris Group continued to make offers even when we “knew” they wouldn’t be accepted. To our delight, the lender starting accepting the ridiculous offers too! The days of begging for discounts are over!

Our little pile of properties will produce about $450,000 of net profit if we immediately sell them. If we sell, we will have comparables that will establish the price upper limits. The wholesale purchases we made will reflect the lower limits of value. By being proactive I don’t need to rely on anyone to tell me what something is worth. In other words…

I Will Have Become The Market!

The fantastic thing about buying properties so far below market is that they cash flow. That same group of properties that would produce $450,000 of profit will create a multi-millionaire for anyone who decides to hold them. Actually, thirty isn’t even necessary; ten properties will get you there very nicely! In other words…

You Are Only Ten Cash Flow Properties Away From Becoming A Future Multi-Millionaire!


Hasn’t it become abundantly clear to you that now is the time to form your game plan and set yourself up for one of the greatest opportunities in your lifetime to become truly rich?

In an important investor’s meeting scheduled for May 12th with the San Diego Real Estate Investors Association, I’ll give some specific examples of deals we’ve purchased and the negotiation that went on between us and the broker representing the lender. I’ll update which auctions are producing results (and which ones to avoid). Most importantly, I’ll discuss these precise steps you need to take right now to become a multi-millionaire for the rest of your life:

  • STEP ONE:  Build Your Portfolio of Ten Cash Flow Properties
    You can’t and will not be able to cash in on this market without owning at least ten cash flow properties…and you have to do it in the next 24 months. Investors who own properties that consistently cash flow every month are admired (and envied!). With a little planning, this can be you!
  • STEP TWO:  Understand the Time Frame…You Have Two Years
    Let me be clear: This is the moment we’ve been waiting for. The next two years represent the greatest chance to buy low-priced real estate in our lifetime. Read that again, because it must sink in. The lenders are under the gun and forced to liquidate at pennies on the dollar! This extraordinary window of opportunity …will not be repeated. You have the advantage. Sleep through it and I promise ….you will miss the best cycle to become financially free I’ve even seen.
  • STEP THREE:  Buy the Right Inventory at Rock Bottom Prices
    Skilled investors are literally stealing properties for as low as 15% of what the lender is owed. Why aren’t you one of them? This is absolutely unprecedented. But here’s the trap: Buying the wrong type of property, even at a great price, is a big mistake. You must understand the type of property that works best in this cycle and the “Tie Breakers” that can spell the difference between making a killing…or losing your shirt.
  • STEP FOUR: How to Get Financing for Your 10 Rental Properties
    Fannie Mae has now decided that investors will play an important role in getting real estate back on track. You better understand the rules and what is expected of you as a borrower. The interest rates on these loans will be superior, but you have to qualify under strict guidelines. Fannie Mae will allow up to ten loans for every qualified investor. Are you among the few?
  • STEP FIVE:  Know the Laws of California Property Management
    Do you understand the rules of California property management? What can’t you ask your tenant? Should you use Section 8 to maximize your rentals potential income? These are all questions that you must consider as you become a real estate entrepreneur who earns profits instead of problems.
  • STEP SIX: Leverage Your Way to Extreme Wealth
    You must position yourself to become rich when prices re-inflate. Eventually, this real estate downturn will be over. And if all you did was buy ten wholesale deals that cash flow, that will be enough to make you a multi-millionaire by the end of the next boom market. But if your desire is to become extremely wealthy, then you need to leverage your way into owning the most volatile type of property there is: Land and finished building lots!


This critical meeting will launch your multimillionaire dreams into reality. As a buyer, you will go from: I’m uncomfortable with the market to…I understand the market to….I am the market. It will be uplifting, motivational and focused on two things: knowledge and action. Join us and learn what it takes to make this market create millions for you. See you May 12th!

If you don't already know Bruce, you can learn more by following the provided link.

 

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Date of Event: May 12th, 2009
 
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