Friday, August 22, 2014

Amanda Han and Matt MacFarland of Keystone CPA Join Bruce Norris on the Real Estate Radio Show #396

Bruce Norris is joined this week by Amanda Han and Matt MacFarland. They are the owners of Keystone CPA. Matt has over 20 years of experience in public accounting as a CPA and tax strategist. He has worked for both the Big Four and Regional CPA firms. Matt has served as a tax manager in the private client advisor group, where he focuses his expertise in tax planning and compliance for high worth individuals, business owners, commercial real estate investors, and professional athletes. The man has over 18 years of experience as a CPA with special emphasis in real estate, self-directed investing, and individual tax-planning. Amanda has extensive Big Four public accounting experience in the lead tax groups serving clients in the real estate industry. Bruce, Amanda, and Matt discuss tax season, the busiest time for CPAs, the diversity of clients, the time in California when they reached the upper limits of the tax rate in California, the federal rate and new additions to the tax, the brand new Unearned Medicare Contribution tax and social security tax, possible changes in the tax rate structure, and much, much more on this week's real estate radio show and podcast.




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Friday, August 15, 2014

Kaaren Hall Joins Bruce Norris on the Real Estate Radio Show #395

Bruce Norris is joined this week by Kaaren Hall.  Kaaren is the owner of uDirect IRA Services, a company that specializes in helping people understand what to do with their self-directed IRAs.  Kaaren utilizes her skill of mortgage banking, real estate, and property management to focus on this market and help others even in the midst of the recession that had gone by and collapsed the mortgage market.  Through her knowledge, she has educated tens of thousands on building wealth through IRAs and diversifying their investments. Bruce and Kaaren discuss different IRAs including ROTH, SEP, and traditional, how long IRAs have been in place, making contributions to your IRAs and when you can do business with them, the cutoff amounts for married and singles, groups of people allowed and disallowed from IRAs, and much, much more on this week's real estate radio show and podcast.




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Friday, August 8, 2014

Bill Armstrong Joins Bruce Norris on the Real Estate Radio Show #394

Bruce Norris is joined this week by Bill Armstrong. Bill was the 2013 Treasurer of the National Association of Realtors, the largest trade organization of its type with about 1 million agents who are involved in both residential and commercial real estate. Bill has been a broker for over 30 years and is vice president of Macintosh Realtors in Frederick, Maryland. He is also involved in fundraising and has raised over $300,000 for adults and children with disabilities. He is also a father of three. Bruce and Bill discuss the residential mix in California, whether real estate development was hurt by a healthy stock market, uncertainty in the commercial market,the Terrorism Reauthorization Insurance Act, employment in 2014, full time and contract employees, the increase in construction costs, foreign investors, and much, much more on this week's real estate radio show and podcast.















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Friday, August 1, 2014

Erik Hernandez Joins Bruce Norris on the Real Estate Radio Show #393

Bruce Norris is joined once again this week by Erik Hernandez.  Erik is the senior vice president with Lee and Associates.  He specializes in commercial real estate, his exact specialty being industrial real estate.  He specializes in land sales and development representation, landlord representation, and investment sales and analysis. Bruce and Erik discuss mezzanine financing, crowd funding and liquidity, the percentage of the market with lender-owned properties in both the industrial and office space, Auction.com and its affect on the commercial world, the price of land, foreign investors in the commercial space, and much, much more on this week's real estate radio show and podcast.











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Friday, July 25, 2014

Erik Hernandez Joins Bruce Norris on the Real Estate Radio Show #392

Bruce Norris is joined this week by Erik Hernandez.  Erik is the senior vice president with Lee and Associates.  He specializes in commercial real estate, his exact specialty being industrial real estate.  He specializes in land sales and development representation, landlord representation, and investment sales and analysis. Bruce and Erik discuss how different the market is today, the peak of the market before problems occurred, declining rents and their affect on the value of commercial real estate, the "blend and extend" method, the CMBS market and the resets occurring, the consolidation of different REO departments, the most expensive segment of real estate to build, the industrial market, cap rates, and much, much more on this week's real estate radio show and podcast.







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Friday, July 18, 2014

Sean O'Toole Joins Bruce Norris on the Real Estate Radio Show #391

Bruce Norris is joined again this week by Sean O’Toole.  Sean is the founder of PropertyRadar.com.  He began his very successful career as an entrepreneur in Silicon Valley working with people and starting up companies.  He is a personal friend, and he and Bruce have gone on trips together down to Washington D.C. to do research.  PropertyRadar.com is a big advantage to any investor or realtor who has access to it since it helps them navigate the real estate market and find things easier than you would have any other way. Bruce and Sean discuss low sales this year, credit terms and how they are not showing signs of loosening, the new programs for lower FICO scores and stated income, the impact of foreign investors in California, hedge funds and REITs, the ramifications of being below trend, and much, much more on this week's real estate radio show and podcast.







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Friday, July 11, 2014

Sean O'Toole Joins Bruce Norris on the Real Estate Radio Show #390

Bruce Norris is joined this week by Sean O’Toole.  Sean is the founder of PropertyRadar.com.  He began his very successful career as an entrepreneur in Silicon Valley working with people and starting up companies.  He is a personal friend, and he and Bruce have gone on trips together down to Washington D.C. to do research.  PropertyRadar.com is a big advantage to any investor or realtor who has access to it since it helps them navigate the real estate market and find things easier than you would have any other way. Aaron and Sean discuss the start of PropertyRadar and their different services, the cost for the service, customers who purchase Subject To, absentee owners and flippers, foreclosure trends and trustee sales, upside-down homeowners, the foreclosure process in California, the rights of a tenant whose property is purchased at at trustee sale, and much, much more on this week's real estate radio show and podcast.



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Friday, July 4, 2014

Joshua Dorkin Joins Aaron Norris on the Real Estate Radio Show #389

Aaron Norris is filling in for Bruce Norris again this week as he is joined once again by Joshua Dorkin, founder and CEO of BiggerPockets, arguably the largest forum and social media network dedicated to real estate investors online, possibly internationally. He is a native New Yorker with a very interesting background in entrepreneurship and education. He is best known for his no b.s. approach to real estate education and an unapologetic anti-guru philosophy that has attracted over 180,000 subscribers. His site has garnered attention from major media outlets, and it is not unusual to see BiggerPockets teams content picked up on sites such as the National Association of Realtors and the Huffington Post. Joshua lives in Denver with his wife Julie and three girls. Aaron and Joshua discuss the BiggerPockets site, the increase in international participants, their books and podcasts the produce, shifts in the real estate models from only ten years ago, the next steps for BiggerPockets, the top tools on the website, and much, much more on this week's real estate radio show and podcast.



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Friday, June 27, 2014

Joshua Dorkin Joins Aaron Norris on the Real Estate Radio Show #388

Aaron Norris is filling in for Bruce Norris this week on the Norris Group real estate radio show.  He is joined this week by Joshua Dorkin, founder and CEO of BiggerPockets, arguably the largest forum and social media network dedicated to real estate investors in the nation and possibly internationally.  It is the top destination for real estate related content.  He is a native New Yorker with a very interesting background in entrepreneurship and education.  He is best known for his no b.s. approach to real estate education and an unapologetic anti-guru philosophy that has attracted over 180,000 subscribers.  His site has garnered attention from major media outlets, and it is not unusual to see BiggerPockets teams content picked up on sites such as the National Association of Realtors and the Huffington Post.  Joshua lives in Denver with his wife Julie and three girls. Bruce and Joshua discuss the start of BiggerPockets, how Josh got his start in real estate itself, the importance of only staying committed to only one or two platforms, the many people who collaborate with him on the blog and answer people's questions, building trust with others in the field, and much, much more on this week's real estate radio show and podcast.



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Friday, June 20, 2014

Dr. Robert Kleinhenz Joins Bruce Norris on the Real Estate Radio Show #387

Bruce Norris is joined again this week by Dr. Robert Kleinhez.  Dr. Kleinhez directs the Kaiser Center for economic research, which conducts research on the regional state and national economies.  He has over 25 years of experience and expertise in the private and public sectors’ academia working as a private consultant.  He has spoken to local, state, and national audiences, and is a frequent contributor to media coverage on the economy.  He has a Masters and a Doctorate degree from USC, all in economics. Bruce and Robert discuss the subject of uncertainty, homes sales one both the supply and demand sides, the minimum wage and wage hike, the manufacturing sector of the economy, China's economy and how many places in America are Chinese-owned, foreign economics and its impact on the United States, and much, much more on this week's real estate radio show and podcast.










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Friday, June 13, 2014

Dr. Robert Kleinhenz Joins Bruce Norris on the Real Estate Radio Show #386

Bruce Norris is joined this week by Dr. Robert Kleinhez. Dr. Kleinhez is the chief economist for the Kaiser Center for economic research. They conduct research on regional state and national economies. He has over 25 years of experience and expertise in the private and public sectors as well as works as a private consultant. He has spoken to local, state, and national audiences, and is a frequent contributor to media coverage on the economy, including coverage on the outlets in California along with Wall Street Journal, CNBC, Bloomberg News, and MPR. Prior to joining the Kaiser Center, he was Deputy Chief Economist at the California Association of Realtors. Bruce and Robert discuss the economy since the last Great Recession, unemployment, the first quarter GDP growth and Robert's response to it, the pace of growth in 2015, 10-year T-Bill, the importance of low interest rates to asset policies, the California economy versus the U.S. economy, and much, much more on this week's real estate radio show and podcast.






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Friday, June 6, 2014

Gary Watts Joins Bruce Norris on the Real Estate Radio Show #385

Bruce Norris is joined again this week by Gary Watts. Gary is the broker and owner of Impact Real Estate. This is a private real estate company that provides consulting services to not only buyers, sellers, and investors, but also to companies affiliated with the real estate industry in California. Gary is a well-known real estate economist who began his career in 1971. Today, he and his company are called upon to advise the home industry of economic trends that will affect and effect their future impact on real estate. He also manages investment properties that they acquire for their investors. Bruce and Gary discuss the increase in rental properties as opposed to homeownership, hedge funds, real estate trends, the real estate market in Orange County compared to the Inland Empire, the concern over shadow inventory, the real estate cycle, important charts to view when looking at the economy, the percentage of homeowners accelerating their loan payment, and much, much more on this week's real estate radio show and podcast.




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Friday, May 30, 2014

Gary Watts Joins Bruce Norris on the Real Estate Radio Show #384

Bruce Norris is joined this week by Gary Watts.  Gary is the broker and owner of Impact Real Estate.  This is a private real estate company that provides consulting services to not only buyers, sellers, and investors, but also to companies affiliated with the real estate industry in California.  Gary is a well-known real estate economist who began his career in 1971.  Today, he and his company are called upon to advise the home industry of economic trends that will affect and effect their future impact on real estate.  He also manages investment properties that they acquire for their investors. Bruce and Gary discuss the years when real estate was something other than residence, the beginning of monitoring interest rates, sales requiring loan originations in the 1980s, sub-prime loans, the Great Depression of the real estate industry, foreclosures and trustee sales, government involvement in the appraisal business, the advantage of charts, and much, much more on this week's real estate radio show and podcast.

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Friday, May 23, 2014

John Husing Joins Bruce Norris on the Real Estate Radio Show #383

Bruce Norris is joined again this week by Dr. John Husing. Dr. Husing is the leading authority on the Inland Empire’s economy, an area he has been studying since he wrote his doctoral thesis on the region in the 1960s. His influence on the business and political landscape has been so extensive that the Los Angeles Times named him one of the 100 most powerful people in Southern California in 2006. He is a writer of the Quarterly Economic Report, an economic newsletter now in its 20th year. His company, Economics and Politics, Inc. provides consulting services for municipalities and counties with economic strategies, statistical data packages, recommendations for public policy and briefing presentations to businesses and political leaders about the nature, growth, and economic trends of Southern California. Dr. Husing’s website includes copies of his newsletter, PowerPoint presentations of various speeches, and photographic glimpses of his exotic travel adventures. Bruce and John discuss the nature of this generation living at home, migration, the psychological side of charts, the lack of supply, the difference between rentals and owner-occupied homes, the change in education, and much, much more on this week's real estate radio show and podcast.

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Friday, May 16, 2014

John Husing Joins Bruce Norris on the Real Estate Radio Show #382

Bruce Norris is joined this week by Dr. John Husing. Dr. Husing is the leading authority on the Inland Empire’s economy, and he has been studying since he wrote his doctoral thesis on the region in the 1960s. His influence on the business and political landscape has been so extensive that the Los Angeles Times named him one of the 100 most powerful people in Southern California in 2006. He is a writer of the Quarterly Economic Report, an economic newsletter now in its 20th year. His company, Economics and Politics, Inc. provides consulting services for municipalities and counties with economic strategies, statistical data packages, recommendations for public policy and briefing presentations to businesses and political leaders about the nature, growth, and economic trends of Southern California. Dr. Husing’s website includes copies of his newsletter, powerpoint presentations of various speeches, and photographic glimpses of his exotic travel adventures. Bruce and John discuss his adventure stories outside of real estate, his study of the inland empire, his progression of a city and county, the increase in commuters, the economical differences between the IE and Orange County, housing permits in 2013, the healing of the economy and its psychological aspects, the number of senior citizens downsizing their homes, and much, much more on this week's real estate radio show and podcast.

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