Friday, June 15, 2018

Notes and Self-Directed IRAs with Rick Solis

Bruce Norris is joined this week by Rick Solis. Rick is a retired appraiser, investor, teacher, and property manager. Primarily he is an investor now. He retired only two years ago when he was 48.

Bruce discusses with Rick his retirement accounts he had to invest with, Substantially Equal Periodic Payments, when he first learned about self-directed IRAs, his concerns about the timing of the next down cycle, the states in which he invested in notes, his first Florida loan, the unique thing Bruce had to deal with when working with the real estate there, and much more on the real estate radio show and podcast.

Play Now

Friday, June 8, 2018

Rick Solis and His Journey to Real Estate #594

Aaron and Bruce Norris are joined this week by Rick Solis. Rick is a retired appraiser, investor, teacher, and property manager. Primarily he is an investor now. He retired only two years ago when he was 48.

Aaron and Bruce discuss with Rick how he began his journey into real estate at a young age, his first house he bought as an investment, how the downturn affected him, his inventory building and how it has changed, whey he decided to exit sooner than when most people thought advantageous, and much more on the real estate radio show and podcast.

Play Now

Friday, June 1, 2018

The Purpose of the PACE Program With Paul Herrera #593

Aaron and Bruce Norris are joined again this week by Paul Herrera. Paul is the Government Affairs Director for the Inland Valley Association of Realtors. Paul serves as an advocate for realtors on local issues, helping to preserve and protect property rights and the value of homeownership. His unique experience includes an award-winning journalism career with newspapers in Florida and California. He covered real estate, small business, the aviation business, and the confluence of government policy, politics and business.

Aaron and Bruce discuss with Paul the main issue behind affordable housing and whether it extends to renting, ideas to make it possible to build a different price-level home, solar power and where it could go, the PACE Program, and much more on the real estate radio show and podcast.

Play Now

Friday, May 25, 2018

Propositions and Rent Control With Paul Herrera #592

Aaron and Bruce Norris are joined again this week by Paul Herrera. Paul is the Government Affairs Director for the Inland Valley Association of Realtors. Paul serves as an advocate for realtors on local issues, helping to preserve and protect property rights and the value of homeownership. His unique experience includes an award-winning journalism career with newspapers in Florida and California. He covered real estate, small business, the aviation business, and the confluence of government policy, politics and business.

Aaron and Bruce discuss with Paul the different propositions and what changes we could see made in the future, rent control and how we are seeing this played out in different cities, the Costa Hawkins Act, the way the efforts to get a bill passed or prevented from getting passed are funded, the way to get involved besides realtors associations, and much more on the real estate radio show and podcast.

Play Now

Friday, May 18, 2018

What Investors Should Know About Hoarding With Dr. Robin Zasio #591

This week Aaron Norris is joined by Dr. Robin Zasio. They had originally posted on Facebook to get people’s questions they wanted to ask her. She is a licensed clinical psychologist and licensed clinical social worker who has been specializing in the treatment of OCD and anxiety disorders for over twenty years. You may recognize her from several different shows, but the one that he was introduced to her on was “Hoarders.” He was always so fascinated how calm and collected and patient she was with the people with whom she worked.

Aaron discusses with Robin the proper name for a hoarding disorder, OCD and how it is defined, warning signs to look for in someone with a hoarding disorder, the International Obsessive Compulsive Foundation and how they help people with anxiety and hoarding disorders, her method for working with people with the disorder, a good strategy for knowing when to not add more items to your collection, and much more on the real estate radio show and podcast.

Play Now

Friday, May 11, 2018

Hoarding and Clinical Psychology With Robin Zasio #590

This week Aaron Norris is joined by Dr. Robin Zasio. They had originally posted on Facebook to get people’s questions they wanted to ask her. She is a licensed clinical psychologist and licensed clinical social worker who has been specializing in the treatment of OCD and anxiety disorders for over twenty years. You may recognize her from several different shows, but the one that he was introduced to her on was “Hoarders.” He was always so fascinated how calm and collected and patient she was with the people with whom she worked.

Aaron discusses with Robin her work in clinical psychology and social work, her work on the show Hoarders and her book The Hoarder and You: How to Live a Happier, Healthier, Uncluttered Life, what attracted her to her line of work, the difference between an collector and a hoarder, the best thing to do as a therapist to help them see their need to change, and much more on the real estate radio show and podcast.

Play Now

Friday, May 4, 2018

3D Printed Homes with John Schaub #589

This week Bruce Norris is joined again by author, investor, and landlord John Schaub.  John has prospered during three recessions, four tax law changes, and interest rates ranging from 6 to 16% in his 35 years as a real estate investor. His 2005 best-selling book Building Wealth One House At A Time assisted more than 100,000 real estate enthusiasts on their way to a successful investing. He recommends buying better, well-located houses rather than cheap houses and other management-intensive properties. John buys and manages his own properties and teaches building wealth one house at a time seminars each year. Here, students learn how to identify the best investment properties in their town. He also invests his time in those who cannot afford to buy their own home. He works with Habitat for Humanity and Fuller Center for Housing. Last year, he was honored for his reputation in the industry by being rewarded the Rhony Award. For more information on him, you can check out www.johnschaub.com.

Bruce discusses with John the first time he spoke in front of an audience, when he first began teaching with Pete Fortunato, the three groups of people his audience is typically made up of, his time working with Habitat for Humanity, the use of 3D printing in homes, and much more on the real estate radio show and podcast.

Play Now

Friday, April 27, 2018

Bruce Norris Is Joined By John Schaub On The Real Estate Radio Show #588

This week Bruce Norris is joined by John Schaub. John has prospered during three recessions, four tax law changes, and interest rates ranging from 6 to 16% in his 35 years as a real estate investor. His 2005 best-selling book Building Wealth One House At A Time assisted more than 100,000 real estate enthusiasts on their way to a successful investing. He recommends buying better, well-located houses rather than cheap houses and other management-intensive properties. John buys and manages his own properties and teaches building wealth one house at a time seminars each year. Here, students learn how to identify the best investment properties in their town. He also invests his time in those who cannot afford to buy their own home. He works with Habitat for Humanity and Fuller Center for Housing. Last year, he was honored for his reputation in the industry by being rewarded the Rhony Award.

Bruce discusses with John his work he did before real estate, when he first became interested in the buying model versus the flipping model, the way deals were financed when he bought inventory from builders, the amount of homes he started with that he either flipped or kept as rentals, the source of most of his deals, attributes of a good rental property, and much more on the real estate radio show and podcast.

Play Now

Friday, April 20, 2018

Bruce Norris Is Joined Inland Empire Builder By Alex Serrato On The Real Estate Radio Show #587

Bruce Norris is joined this week by Alex Serrato. Alex is a local builder, flipper, and investor. They partnered on quite a number of deals over the last few years and had two homes under construction and two about to start.

Bruce discusses with Alex his process for finding a building lot, the agents who deal with land, things Alex looks for in a property he knows right away will pose a problem, his way of dealing with school fees, the team he works with and whether they have remained the same, and much more on the real estate radio show and podcast.

Play Now

Friday, April 13, 2018

Bruce Norris Is Joined By Greg Norris of The Norris Group on the Real Estate Radio Show #586

This week Bruce Norris is joined by his oldest son Greg Norris. Greg has built, bought, renovated, listed, and sold hundreds of homes in both California and Florida over the last twelve years. He is currently retired from the flipping business and going to college full-time.

Bruce discusses with Greg what he did before working for the Norris Group, the number of homes he has flipped over the last 12 years in California and Florida, the foreclosure and trustee sale process in California and Florida, the real estate numbers in Florida, his experience with Chinese drywall, and much more on the real estate radio show and podcast.

Play Now

Friday, April 6, 2018

Bruce Norris Is Joined By Ted Boecker, Mike Novak-Smith, and Shelly Lindekugel on the Real Estate Radio Show #585

This week Bruce Norris is joined by Ted Boecker, Mike Novak-Smith, and Shelly Lindekugel. Ted is the owner and broker for Re/Max Results in Moreno Valley, which he started in 1989. Ted has vast experience in real estate and has been able to train and lead 35 of Southern California’s highest producing real estate brokers and agents. Before opening RE/Max results, Ted practiced law with Miller Hodges and Bemis LLC in Newport Beach. Mike Novak-Smith is one of the nation’s largest REO agents and has managed and sold 1,000 homes for corporate sellers. Mike specializes in the default service side of the business, which focuses on REO short sale evaluation products. Shelly Lindekugel is the certified real estate broker manager with a diverse background in the real estate industry, which began in 1989. In 2012, Shelly stepped down from management to pursue real estate sales once more. She and her partners have consistently been named top performing team, closing approximately $15 million annually

Bruce discusses with them how things changed in 1989 when the market started to decline, the real estate market in general when it comes to short sales and REOs, the top places people are migrating to find cheaper housing, the urgency to buy right now, the ease of getting a yes answer from a lender, risks involved in Subject To deals, what happens when one party in a contract breaches the terms, and much more on the real estate radio show and podcast.

Play Now

Friday, March 30, 2018

Bruce Norris Is Joined By Jay "Fixer Jay" Decima on the Real Estate Radio Show #584

This week Bruce Norris is joined again by Jay Decima. Jay is a very experienced investor with nearly 50 years of experience. Since 1977, he has specialized in fixing up ugly houses and small apartment buildings. Jay is also a successful career-changer, having worked for over 20 years for the telephone company before switching to full-time real estate investing in 1979. Today, he spends the majority of his time managing and overseeing his investment houses and training others who wish to pursue this lucrative profession.

Bruce and Jay discuss how he buys for his customers, the way he find properties to buy, his main gimmick when he first started as a fixer-upper, the two main types of client situations he works with, his thoughts on the way realtors handle the financing of these types of properties, how he first started in education, and much more on the real estate radio show and podcast.

Play Now

Friday, March 23, 2018

Bruce Norris Is Joined By Jay "Fixer Jay" Decima on the Real Estate Radio Show #583

This week Bruce Norris is joined by Jay Decima. Jay is a very experienced investor with nearly 50 years of experience. Since 1977, he has specialized in fixing up ugly houses and small apartment buildings. Jay is also a successful career-changer, having worked for over 20 years for the telephone company before switching to full-time real estate investing in 1979. Today, he spends the majority of his time managing and overseeing his investment houses and training others who wish to pursue this lucrative profession. He has authored three best-selling How To books published by McGraw Hill. Investing in Fixer-Uppers was voted the #1 real estate book in 2003 by the LA Times and Chicago Sun. Start Small, Profit Big in Real Estate advises readers how to develop a plan for building wealth starting from scratch and create enough cashflow to quit their job. Goldmine Houses teaches readers how small apartments and multiple houses called colonies can speed up the wealth process and get you to the finish line in quicker fashion.

Bruce and Jay discuss his best-selling books and how they helped investors, how he first got involved in real estate, his first venture with REOs, what he did to become more of a handyman, his early mentors, and much more on the real estate radio show and podcast.

Play Now

Friday, March 16, 2018

Bruce Norris Is Joined By Aaron Norris of The Norris Group on the Real Estate Radio Show #582

This week Bruce Norris is joined again by his son and Norris Group Vice President Aaron Norris. They began this segment by discussing some of the disruption that is occurring. They were speaking at an event recently, and a realtor went up to speak about the 80/20 rule. This simply refers to 80% of the business being done by 20% of the people. He really thought it was headed to 95/5. It’s scary.

Aaron and Bruce discuss Airbnb, how they compare to Common and Pod Shares, why you as a homeowner would make your home into an Airbnb, whether co-living is a new or already existing concept, Open Door, Uber Agents and how they are a big step in real estate technology, and much more on the real estate radio show and podcast.

Play Now

Friday, March 9, 2018

Bruce Norris Is Joined By Aaron Norris of The Norris Group on the Real Estate Radio Show #581

This week Bruce Norris is joined by his son and Norris Group Vice President Aaron Norris. They began by discussing their website and the education space. When Aaron first came on, they had a product that, before, was only the best Bruce could produce. When Aaron came on, it looked like Goldman and Sachs all of a sudden. Aaron had a Wall Street background and did acquisition and merger presentations for a Wall Street company for many years. Big bankers would come down and tell him they needed an 80-page book in a week, and it was all the research they were doing for a major presentation for a multi-billion dollar company. Aaron learned a lot about PowerPoint, Excel, and Word through this. He even knows the shortcuts.

Aaron and Bruce discuss the importance of content and continually updating it, the Norris Group's mission statement that they just updated, products that can be bought at a discount, the investor matrix, the goal of the Investor Roadmap and how they base it off people's personalities, their daily news blog, how they ended up on the cover of Think Realty Magazine, and much more on the real estate radio show and podcast.

Play Now