Michael Morrongiello meeting May 2014

NorCalREIA Monthly Meeting Wednesday May 14th, 2014

Where is today’s market going?

2014 State of the Union for The Individual Real Estate Investor

What is going on around us?
What issues are we facing?
Where will the opportunities be this year?
What should you be aware of?

Plus – How do we deal with Dodd-Frank It’s here, it’s restrictive and it’s frightening.

New Harmful Legislation for the Individual Investor we must be aware of…

Join us for this insightful and timely discussion.

Michael Morrongiello is an active investor who specializes in Real Estate & Real Estate “Paper” investments.
Widely known as having one of the most knowledgeable & creative minds in the paper business, Michael
started creating paper as a result of his own Real Estate investment activities in the early 1980’s. He is
very active in the Buy/Sell renovation business of properties here in the SF Bay Area. He creates his deals
through his own marketing. Michael is the founder of www.BAWB.info

Meeting Time:
5:30-6:15 meeting before the meeting
6:15-7:00 networking
7:00-9:00 meeting
9:00-10:00 networking

Meeting Location:
Crowne Plaza 5321 Date Ave
Sacramento, CA 95841 916.338.5800
(Off I-80 at Madison Ave)

This meeting is FREE to members and
$25 for non-members.

Annual membership
$170.00 and $250.00 for couples.

  • All are Welcome to Attend!

Tom Wilson – “Lessons Learned from Buying and Selling over 2000 units”

Mark your calendar for our next meeting Second Wednesday April 9th

Tom Wilson, one of our most experiences speakers is back.
“Lessons Learned from Flipping“ Flip’s from $200,000 to $1,000,000

Tom will share his vast experiences and lessons learned from buying and selling over 2000 units in California and Texas.
Plus Tom has flipped 350 homes.

If you are considering flipping, or want to improve your investment flipping results while reducing your risk in this market, you should attend this meeting.

• What you should do differently in this market?
• Where you should not buy?
• What should you do differently with a 2x median price flip house than a median price flip house?
• What are the most common mistakes flippers make?
• How to evaluate and pick winning deals.
• How to get the best loans for your deals.
• How to factor in the uncertainty and risk of the market.
• Learn the most important due diligence factors before you commit to a deal?
• What are some of the best ways to motivate your team?
• What the current market trends are that you need to know before you make your next offer?
• And more…

Meeting Time:
5:30-6:15 meeting before the meeting
6:15-7:00 networking
7:00-9:00 meeting
9:00-10:00 networking
Meeting Location:
Crowne Plaza
5321 Date Ave
Sacramento, CA 95841 916.338.5800
(Off I-80 at Madison Ave)

This meeting is
FREE to members and
$25 for non-members.
Annual membership
$170.00 and $250.00 for couples.
All are Welcome to Attend!

Bruce Norris – Secrets to Becoming Wealthy in the Property Buy/Sell Business

Bruce NorrisJoin us and over 100 investors on the Second Wednesday, March 12th for NorCalREIA’s meeting where you can learn to both manage and increase your wealth. And who better to learn it from than the real estate guru himself: Bruce Norris will discuss:

• Changing your results by changing your attitude
• The importance of being sophisticated and how this is beneficial for growth
• Maximizing your profits by increasing your exposure
• Creating a wealth team
• Becoming a successful business owner

You do not want to miss this event. Bruce Norris has over 30 years of experience in the real estate business and has successfully done over 2,000 real estate transactions. With this knowledge and experience, Bruce has passed this knowledge on and helped so many in California to succeed in their business.

At the NorCalREIA Real Estate Investors Association, investors have the chance to meet and network with over 100 other investors in the area. Here you have the chance to get your questions answered and discuss investing with others just like you. Save your seat register at http://www.NorCalREIA.com

Jay DeCima shows you how to acquire the right kind of properties

This is our 10 year anniversary, 2004 – 2014.
Thank you for your continued support..
David Granzella

Second Wednesday February 12th

Investor and Best Selling Author Jay DeCima shows you how to acquire the right kind of properties that can make you
financially secure, create a sizable
monthly income… and build your retirement.

This is the first of our three
“In depth success plan.”

What: Fixer Jay on February 12th

When: Bruce Norris on March 12th President of The Norris Group

Why: Sean O’Toole on May 14th
President of Property Radar

Create YOUR plan for YOUR success…

Build success in 2014. Second Wednesday January 8, 2014, Laurel Sagen, teaches step by step goal setting. Create YOUR plan for YOUR success…
Annual goals, into bite size pieces, quarterly, monthly, weekly and daily goals.

Annual goals, into bite size pieces, quarterly, monthly, weekly and daily goals.

“Men never plan to be failures; they simply fail to plan to be successful.”

What goals did you set at the start of this year? Have you accomplished them? The more important question to ask is if you’ve started. “The real value in setting goals is not in their achievement. The acquisition of the things you want is strictly secondary.

The major reason for setting goals is to compel you to become the person it takes to achieve them,” says Jim Rohn. Say you want to be a millionaire. The greatest value to becoming one is actually not the million dollars. Seriously! “The greatest value is in the skills, knowledge, discipline and leadership qualities you’ll develop in reaching that elevated status,” Rohn says. Answer this question: What kind of person will you have to become to get all you want? Write down the kinds of skills you’ll need to develop and the knowledge you’ll need to gain. Your answers might give you some new goals for your personal development.

Work on your goals. Your ability will grow to match your dreams. “This is the magic of goal setting. The more you work on your goals, the more new opportunities will present themselves to you,” Rohn says. You can make big changes in your life. “You can make startling changes you can’t even conceive of right now, if you just give yourself half a chance.”

A. What Five Things have you already accomplished? What are you most proud of? What stretched you, made you become more than you were?

B. What do you Value? Make a list of ten values. Revisit this list several times. Make the list off the top of your head and then let it sit and come back to it several times.

C. Make a list of 50 things you would like to accomplish or do – Places you would like to go – people to meet – things you would like to learn or skills to master. Think of this as a bucket list of sorts. Let the list sit and cross off the ones you do not really value and add to the list. Come with a list of at least 50 things you would really like to commit to.


NorCalREIA SECOND Wednesday November 13th

One of our most requested speakers Dave Wilson is back with the shared experience of Robert Taylor & Gordie McCarty. Dave has been in the Real Estate business in for over 3 decades.
We are entering yet another Real Estate Cycle. Just when you thought it was safe out there.
How we survived Real Estate the last decade and what are we going to do for next year?

We will discuss:
What we are experiencing today?
“The good The bad and The ugly”
Where are we heading?
What are YOUR real estate plans?

Topics to be discussed:

1: Buy and Hold:
You own and manage property.
Joint Venture ownership. One Joint Venture finds the property and manages it.

2: Real estate Cycles:
What HAS happened in the last 17 years? 1996-2013!

3: Cash Flow!!
Along with some appreciation.

4: Pete’s Elements of SFH rentals
Possession, lending, income, depreciation, ect.

5: Private lending
You lend the money and collect the payments.
You borrow the money and make payments to the lender

6: Land Trusts:
Why use them?
Valuable for the long term investor; joint ventures, flippers, ect.

7: IRA’s self directed
Roth IRA
Inherited Roth IRA

We will not have time to actually ‘teach” each subject.
We may be able to provide guidance on where to learn and from what teachers.

Our discussions will help inform you on:
1: What HAS been going on in Real Estate and what has worked and what has NOT worked?
2: What IS working now?
3: What do you and your fellow investors think the future will be like from your market area.
• Short term?
• Long term?

See you on the Second Wednesday November 13th.
Don’t forget the meeting before the meeting starts at 5:30 – 6:15
Networking 6:15 – 7:00
Meeting 7:00 – 9:00
Go find a deal!

Are YOU TIRED of TRYING to find a good deal?

Then join us on the Second Wednesday October 9th when NorCalREIA presents Brent Gove. Having sold over 3500 homes in under 17 years, and the #2 agent out of 10,000 in ALL of California for his former home Re/Max, Brent ran the largest Keller Williams franchise in the country. He’s the popular host of the Top 10 radio show “The Real Estate Report,” soon to be nationally syndicated. A world traveler and in-demand speaker,

Brent is the author of the newly published, “Momentum”…the definitive resource on how to become a super-agent. Outside of the office, Brent is active in coaching his kids’ soccer teams. The family loves to travel, and Brent is an avid golfer. His greatest and proudest achievement is his 22 year marriage to his amazing wife, Kathy, and their five beautiful children.

Brent will educate you on how to actually get (more) PROPERTIES.
Learn how Agents think and how to work with an Agent.
How YOU pick an Agent to work with.
State of the market from Brent’s inside perspective.
What we are actually seeing right now!

See you on the Second Wednesday October 9th.

Don’t forget the meeting before the meeting starts at 5:30 – 6:15
Networking 6:15 – 7:00
Meeting 7:00 – 9:00

Go find a deal!

Panel Discussion “How to keep the money you make this time.”

Next NorCalREIA meeting, the Second Wednesday September 11th, 2013

Join our Panel Discussion “How to keep the money you make this time.”  

Join Laurel Sagen , Robert Taylor and Gordie Mc Carty sharing how to create wealth during this market cycle and just as important learn how to keep it!

What signs of change to look for during this market cycle, learning from the last time the market corrected itself?

Laurel accumulated $8 million dollars in real estate and lost it ALL.

Seriously $8,000,000!

She is back on track to accumulate wealth again, keeping all of her portfolio this time.

Find out what you can do to protect YOUR assets.

Robert shares what happened last cycle. Having gone through the down turn in the market Robert has built a successful retail flipping business.

Gordie has rebuilt his construction business and acquired rentals during this cycle.

Mark your calendars for this IMPORTANT NorCalREIA meeting, the Second Wednesday September 11th, 2013

Mary Morrongiello – Rehab Artist – July 10, 2013

Mary Morrongiello – Rehab Artist.

Build success in today’s REAL ESTATE market and LEARN THE HARDEST PART OF FLIPPING:


Mary and her crew just completed house #91 as a flip and are booked with projects through beginning of 2014.

  1. What has changed in the rehab game since 2008?
  2. Like a marine…you must adapt.
  3. How we found our five most profitable flips in 2012 (five different ways)
  4. What to do with a deal once you’ve got it.

Mary and her ex-husband Michael have been flipping houses, buying to hold and wholesaling deals since 1987. Mary and her crew 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 repleat with “rags to riches” cycles.


Come listen to the methods that Mary and Michael are using to secure inventory in the hottest market in a generation and just as important what they do to the homes to get the maximum profit out of them.

May 8, 2013 – Howard Blum

howard blum

Many things can be said about Howard Blum as an individual, a business person, a member of his community and a concerned citizen of these United States. Former President Jimmy Carter once said, “The highest office one can achieve is that of citizen.” That sentiment is fully embraced by Howard Blum as illustrated by his personal philosophy of, “Life is about living, learning, sharing and making a contribution to society before we depart.”

Howard Blum is an active real estate investor and the owner and founder of The Financial News and Information Service.- He is also the founder and owner of Pro Mobile Notary, one of the highest rated nationwide mobile notary signing services.

Howard is an active in his community of Novato, CA, in Northern Marin County. He has served his community in many ways and on many (non-compensated) levels from being active in charities and serving on local boards to holding a seat (non-compenmsated) as a Parks & Recreation Commissioner for the City of Novato. He has also served as a commissioner on the Marin County Living Wage Task Force.

The Financial News & Information Service (http://econonews.net) produces newsletters on a daily and weekly basis, read from CAto Washington, DC to Europe and Asia by members of the press in the print and broadcast mainstream media, bankers, lawyers, politicians, accountants, educators, members of the real estate community, mortgage loan originators, mortgage bankers and individual investors.

Born, raised and educated in New York City, Howard Blum is also a Vietnam Era veteran having served on ‘Active Duty’ for the US Naval Reserve from 1964 through 1966. Most of his time in the Navy he was attached to Submarine Squadron 10 out of New London, Conn.

Howard has appeared on live radio and television around the world offering his insights of what is driving the bond market, the economy, housing and Federal Reserve monetary policy. His interest rate and housing marketforecasting has brought his a great deal of recognition in the San Francisco Bay Area for more than a decade.

He is also an award winning public speaker, speaking to audiences, large and small, about the relationship of the Federal Reserve and the economy, the ‘Whys’ behind Fed monetary policy and the direction of the economy and interest rates in plain English (without using ‘Eono-Babble’).