Real Estate Puzzles Untangled The Gordian Knot

In this episode of the The Gordian Knot, Rick is interviewing Bruce Norris. Rick and Bruce talk about Bruce’s early years as a real estate speculator, the Norris Group’s role in funding fix and flip real estate investors and some of of his own experiences in the California real estate market. Find out about Bruce’s experience with his own 700+ property investments and his predictions for the California real estate market. What kind of customers do you usually work with? Bruce was a house flipper himself which was how he got started in teaching his methods to a variety of people. He eventually got into the loan business because he was borrowing a lot of money each month to fund his flipping business. The first time Bruce went to the club he eventually started speaking at, the first thing that Jack Fullerton said was “anyone that says they can flip houses for a profit immediately after buying them is lying.” Bruce took a hundred pictures of the properties he had flipped and itemized the numbers to show him it w