San Diego Creative Investors Association

The question on the tip of every Real Estate investors tongue is: What’s next?

2009 brought heavy government intervention to stem the uncontrolled flood of foreclosure, unleashed by the banking and financial collapse. But what now?

Will the torrent of government intervention continue throughout 2010?

What are the unintended consequences of government intervention?

How will 2010 differ from 2009?

Lastly, and most importantly for investors, how close are we to the Bottom? 

Topic for Meeting:

The tide of government interventions shows no sign of subsiding, with the exception of unavoidable foreclosures (i.e. investment properties, million dollar+ homes and vacation homes). Now, the focus is offering responsible homeowners loan modifications and principle reductions (via a revised Home Affordable Modification Program -HAMP).

Guess what? It’s the same language and these programs are still voluntary. Lenders AND home owners must cooperate and we’ve seen by recent Treasury reports how success that’s been thus far.

The unintended consequences of government intervention has been the a rising glut of homes where the homeowners have remained for up to two years (sometime more) without making payments and some never even hearing from the lender. The inventory is there but when is it hitting the market?!

The good news: investors are buying properties in California today. That’s right! Our hard money loan department has never been busier. Despite the shortage of inventory and the false bottom government interference has created, California real estate investors continue to play a vital role in the current real estate market.

On May 11, I’ll be sharing with you the last $10 million dollars worth of real estate that The Norris Group has either bought or funded in California. We’ll look at where the deals are coming from and how they were purchased.

Don’t spend 2010 sitting on your hands. Join us May 11 as we discover what’s working today for California real estate investors.

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

Members Only Download

These downloads are available only to Members. If you have an annual membership, please login to make these links available. Check out the Member Benefits and become a regular member of San Diego's Best Creative Real Estate Investment Club.

Audio - Slides - Have/Wants