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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Friday, May 9, 2014

Mike O'Neill of O'Neill Property Management Joins Bruce Norris on the Real Estate Radio Show #381

Bruce Norris is joined this week by Mike O’Neill. Mike is the CPM and broker/owner of O’Neill Property Management. Bruce and Mike discuss his time in the property management business, his staff and how they stand out from other businesses, trends in the rental arena, the ease as a buyer of renting a house or condo, his method for advertising and how it has changed over the years, reselling, California laws in regards to the tenant, and much, much more on this week's real estate radio show and podcast.

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Friday, May 2, 2014

Mike Cantu and Tony Alvarez Join Bruce Norris on the Real Estate Radio Show #380

Bruce Norris is joined again this week by Mike Cantu and Tony Alvarez. Mike is a real estate entrepreneur, property manager, wholesaler, builder, teacher, and mentor who has purchased a huge number of homes at a discount from people he talks to over the phone and rarely meets. Tony is a real estate entrepreneur, property manager, teacher, and mentor who mostly buys properties by creating relationships with agents who control a lot of inventory. Bruce, Tony, and Mike discuss their motivations for joining real estate, what determined one's success, the "how much is enough" rule, Bruce's and Tony's experiences in teaching their different assistants real estate, the upcoming Millionaire Maker, and much, much more on this week's real estate radio show and podcast.

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Friday, April 25, 2014

Mike Cantu and Tony Alvarez Join Bruce Norris on the Real Estate Radio Show #379

Bruce Norris is joined this week by real estate entrepreneur, property manager, wholesaler, builder, teacher and mentor Mike Cantu.He has purchased a huge number of homes at a discount from people he talks to over the phone and rarely meets. Also on today’s show is Tony Alvarez, who is a real estate entrepreneur, property manager, teacher, and mentor who mostly buys properties by creating relationships with agents who control lots of inventory. Bruce, Tony, and Mike discuss what got them started in real estate, the turning points in their lives, the boxes in life people build and how this affects their lives, the past Millionaire Maker and what stood out, the upcoming Millionaire Maker, and much, much more on this week's real estate radio show and podcast.

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