Friday, September 30, 2016

Sean O'Toole of PropertyRadar Joins Bruce Norris on the Real Estate Radio Show #506

On Friday, October 21, the Norris Group proudly presents its 9th annual award-winning black tie event I Survived Real Estate. An incredible lineup of industry experts will join Bruce Norris to discuss perplexing industry trends, head-scratching legislation and opportunities emerging for real estate professionals. Proceeds for the event benefit Make a Wish and St. Jude Children’s Research Hospital. This event is not possible without the generous help of the following platinum partners: HousingWire, PropertyRadar, the Apartment Owners Association, the San Diego Creative Real Estate Investors Association, InvestClub for Women, MVT Productions, the San Jose Real Estate Investors Association, Inland Empire Real Estate Investment Club, Think Realty, and White House Catering. Visit www.isurvivedrealestate.com for event information and tickets.

Bruce Norris is joined this week by Sean O’Toole. Sean is the founder and CEO of PropertyRadar.com, the only company that tracks every foreclosure in California with daily updates on all foreclosure auctions. Prior to launching PropertyRadar, Sean successfully purchased and flipped more than 150 residential and commercial foreclosures. Leveraging 15 years in the software industry, Sean used technology as a key competitive advantage to build his successful real estate investment track record. Sean has always thrived in start-up environments, and as such he became a key contributor at Xing technology, acquired by Real Networks, ISI Global Center, acquired by Global Crossing, and Icarian Inc, acquired by Workstream.

Bruce and Sean discuss PropertyRadar and how it has been a game changer for the real estate industry, the buying margin today compared to the past, the current foreclosure market, PropertyRadar's function, the new 3D printer technology, other developments in technology and where this could lead us, and much more on this week's Norris Group real estate radio show and podcast.

The Norris Group would like to thanks its gold sponsors for supporting I Survived Real Estate: Auction.com, Coachella Valley Real Estate Investors Association, Coldwell Banker Town and Country, Elite Auctions, In a Day Development, Inland Valley Association of Realtors, Jennifer Buys Houses, Keller Williams Corona, Keystone CPA, Las Brisas Escrow, L.A. Green Designs, LA South REIA, New Western, North San Diego Real Estate Investors, Northern California Real Estate Investors Association, Orange County Investment Club, Orange County Building Industry Association, Pacific Premiere Bank, Pasadena FIBI, Pilot Limousine, Real Wealth Network, Realty411 Magazine, Realty Executives Inland Empire, Rick and Leanne Rossiter, Sonoca Corporation, South Orange County Real Estate Club, Spinnaker Loans, uDirect IRA Services, Westin South Coast Plaza, Wholesale Capital Corporation, and Wilson Investment Properties Inc.

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Friday, September 23, 2016

Gary Acosta of the NAHREP Joins Bruce Norris on the Real Estate Radio Show #505

On Friday, October 21, the Norris Group proudly presents its 9th annual award-winning black tie event I Survived Real Estate. An incredible lineup of industry experts will join Bruce Norris to discuss perplexing industry trends, head-scratching legislation and opportunities emerging for real estate professionals. Proceeds for the event benefit Make a Wish and St. Jude Children’s Research Hospital. This event is not possible without the generous help of the following platinum partners: HousingWire, PropertyRadar, the Apartment Owners Association, the San Diego Creative Real Estate Investors Association, InvestClub for Women, MVT Productions, the San Jose Real Estate Investors Association, Inland Empire Real Estate Investment Club, Think Realty, and White House Catering. Visit www.isurvivedrealestate.com for event information and tickets.

Bruce Norris is joined this week by Gary Acosta. Gary is the co-founder and CEO of the National Association of Hispanic Real Estate Professionals (NAHREP) and a 25-year veteran of the housing industry. NAHREP is the nation’s largest minority real estate trade organization. With over 20,000 members and 40 local chapters in his capacity as CEO. He created the Hispanic Wealth Project, a new 501 C3 non-profit organization with a strategic plan to triple Hispanic household wealth by 2024. He also co-founded several mortgage real estate and technology companies, including New Vista Asset Management, Counter Max, and Real Estate EspaƱol.com. In 2013 he co-founded the Mortgage Collaborative, a cooperative of mortgage companies that work together to increase profitability and market share.

Bruce and Gary primarily discuss the Hispanic community, including the importance of their growing population, demographics and buying habits, how many are a part of the millennial group, as well as the overall the typical household, the concept of simple assumption, and much more on this week's Norris Group real estate radio show and podcast.

The Norris Group would like to thanks its gold sponsors for supporting I Survived Real Estate: Auction.com, Coachella Valley Real Estate Investors Association, Coldwell Banker Town and Country, Elite Auctions, In a Day Development, Inland Valley Association of Realtors, Jennifer Buys Houses, Keller Williams Corona, Keystone CPA, Las Brisas Escrow, L.A. Green Designs, LA South REIA, New Western, North San Diego Real Estate Investors, Northern California Real Estate Investors Association, Orange County Investment Club, Orange County Building Industry Association, Pacific Premiere Bank, Pasadena FIBI, Pilot Limousine, Real Wealth Network, Realty411 Magazine, Realty Executives Inland Empire, Rick and Leanne Rossiter, Sonoca Corporation, South Orange County Real Estate Club, Spinnaker Loans, uDirect IRA Services, Westin South Coast Plaza, Wholesale Capital Corporation, and Wilson Investment Properties Inc.

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Friday, September 16, 2016

Doug Duncan of Fannie Mae Joins Bruce Norris on the Real Estate Radio Show #504

On Friday, October 21, the Norris Group proudly presents its 9th annual award-winning black tie event I Survived Real Estate. An incredible lineup of industry experts will join Bruce Norris to discuss perplexing industry trends, head-scratching legislation and opportunities emerging for real estate professionals. Proceeds for the event benefit Make a Wish and St. Jude Children’s Research Hospital. This event is not possible without the generous help of the following platinum partners: HousingWire, PropertyRadar, the Apartment Owners Association, the San Diego Creative Real Estate Investors Association, InvestClub for Women, MVT Productions, the San Jose Real Estate Investors Association, Inland Empire Real Estate Investment Club, Think Realty, and White House Catering. Visit www.isurvivedrealestate.com for event information and tickets.

Bruce Norris is joined this week by Doug Duncan. Doug is Fannie Mae’s senior vice president and chief economist. He is responsible for providing all forecasts and analysis on the economy, housing, and mortgage markets for Fannie Mae. Duncan also oversees corporate strategy and is responsible for strategic research regarding external factors and their potential impact on the company and housing industry. He serves as the chair of the Fannie Mae Corporate House Price forecast committee. Named one of Bloomberg Business Week’s 15 most powerful people in real estate, Duncan is Fannie Mae’s source for information analysis on the external business and economic environment. This includes the implications of changes in the economic environment to the company strategy and execution as well as forecasting for housing activity, demographics, and overall economic and mortgage market activity.

Bruce and Doug discuss external factors and their impact on the market, sovereign debt, fiscal policy and whether we will see it change after the election, China's economy and capital market, the owner-occupancy percentage rate in the housing market, renters and homeowners and who spends the most on housing, and much more on this week's Norris Group real estate radio show and podcast.

The Norris Group would like to thanks its gold sponsors for supporting I Survived Real Estate: Auction.com, Coachella Valley Real Estate Investors Association, Coldwell Banker Town and Country, Elite Auctions, In a Day Development, Inland Valley Association of Realtors, Jennifer Buys Houses, Keller Williams Corona, Keystone CPA, Las Brisas Escrow, L.A. Green Designs, LA South REIA, New Western, North San Diego Real Estate Investors, Northern California Real Estate Investors Association, Orange County Investment Club, Orange County Building Industry Association, Pacific Premiere Bank, Pasadena FIBI, Pilot Limousine, Real Wealth Network, Realty411 Magazine, Realty Executives Inland Empire, Rick and Leanne Rossiter, Sonoca Corporation, South Orange County Real Estate Club, Spinnaker Loans, uDirect IRA Services, Westin South Coast Plaza, Wholesale Capital Corporation, and Wilson Investment Properties Inc.

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Friday, September 9, 2016

Peter Muoio, Chief Economist of Auction.com, Joins Bruce Norris on the Real Estate Radio Show #503

On Friday, October 21, the Norris Group proudly presents its 9th annual award-winning black tie event I Survived Real Estate. An incredible lineup of industry experts will join Bruce Norris to discuss perplexing industry trends, head-scratching legislation and opportunities emerging for real estate professionals. Proceeds for the event benefit Make a Wish and St. Jude Children’s Research Hospital. This event is not possible without the generous help of the following platinum partners: HousingWire, PropertyRadar, the Apartment Owners Association, the San Diego Creative Real Estate Investors Association, InvestClub for Women, MVT Productions, the San Jose Real Estate Investors Association, Inland Empire Real Estate Investment Club, Think Realty, and White House Catering. Visit www.isurvivedrealestate.com for event information and tickets.

Bruce Norris is joined this week by Peter Muoio. Peter is the Chief Economist of Ten-X, formerly Auction.com. He is a renowned real estate economist and trusted industry analyst and forecaster. Muoio leads Auction.com research and is the founder of New York based Maximus Advisors, a widely respected CRE consulting firm that became part of Auction.com in 2012. Previously the head of Deutsche Bank real estate research, Muoio and his trusted research team provided a trusted economic barometer that helps guide Ten-X’s business decisions.

Bruce and Peter discuss how the internet has made the auction process easier, the different types of auctions, commercial and residential properties and what is being sold more, demand and whether it has remained strong, interest rates and where they stand in five years, the Fed's plan regarding potential inflation, and much more on this week's Norris Group real estate radio show and podcast.

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Friday, September 2, 2016

Tom Salomone, President of NAR, Joins Bruce Norris on the Real Estate Radio Show #502

On Friday, October 21, the Norris Group proudly presents its 9th annual award-winning black tie event I Survived Real Estate. An incredible lineup of industry experts will join Bruce Norris to discuss perplexing industry trends, head-scratching legislation and opportunities emerging for real estate professionals. Proceeds for the event benefit Make a Wish and St. Jude Children’s Research Hospital. This event is not possible without the generous help of the following platinum partners: HousingWire, PropertyRadar, the Apartment Owners Association, the San Diego Creative Real Estate Investors Association, InvestClub for Women, MVT Productions, the San Jose Real Estate Investors Association, Inland Empire Real Estate Investment Club, Think Realty, and White House Catering. Visit www.isurvivedrealestate.com for event information and tickets.

Bruce Norris is joined this week by Tom Salomone. Tom is a realtor from Coral Springs, Florida and is the 2016 president of the National Assocation of Realtors. NAR, the voice of real estate, is America’s largest trade association representing over 1 million realtors involved in all aspects of the residential and commercial real estate industries. Tom has been licensed in real estate for more than 40 years. He is the second generation realtor as well as a broker/owner of Real Estate Two Inc., a firm specializing in residential real estate. Over the years Tom has been named realtor of the year multiple times and served the industry in many capacities over his 40-year career. Tom is experienced in both business and sports in order to serve his community through a number of different organizations, including the Boys and Girls Clubs of America. He has been a member of the Chamber of Commerce, a Coral Springs charter school business sponsor. As a water control district supervisor he has coached over 46 sports teams in local city leagues and been a member of the Amateur Athletic Union in the United States Specialty Sports Association. He volunteers with organizations to prevent heart disease and cancer. He attends the St. Andrews Church and is a proud father of two sons, TJ and Bryce and husband to his lovely wife Diana.

Bruce and Tom discuss his 40 years in the real business, transitions he saw during this time, reasons people may find financing difficult, the current bill aimed at veterans, advice for those who prefer to rent instead of own, and much more on this week's Norris Group real estate radio show and podcast.

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Friday, August 26, 2016

Christopher Thornberg, Principal at Beacon Economics, Joins Bruce Norris on the Real Estate Radio Show #501

On Friday, October 21, the Norris Group proudly presents its 9th annual award-winning black tie event I Survived Real Estate. An incredible lineup of industry experts will join Bruce Norris to discuss perplexing industry trends, head-scratching legislation and opportunities emerging for real estate professionals. Proceeds for the event benefit Make a Wish and St. Jude Children’s Research Hospital. This event is not possible without the generous help of the following platinum partners: HousingWire, PropertyRadar, the Apartment Owners Association, the San Diego Creative Real Estate Investors Association, InvestClub for Women, MVT Productions, the San Jose Real Estate Investors Association, Inland Empire Real Estate Investment Club, Think Realty, and White House Catering. Visit www.isurvivedrealestate.com for event information and tickets.

Bruce Norris is joined this week by Christopher Thornberg. Christopher is the director of the UC Riverside School of Business Administration, Center for economic forecasting and development. He is also the founding partner of Beacon Economics.

Bruce and Christopher discuss his upcoming speaking event Inland Empire 2035, employment and the GDP growth, the ten-year T-Bill, quantitative easing, the reason for inflation over deflation, helicopter money and who has implemented it, and much more on this week's Norris Group real estate radio show and podcast.

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Friday, August 19, 2016

Scott Robinson, President of the Appraisal Institute, Joins Bruce Norris on the Real Estate Radio Show #500

Bruce Norris is joined this week by Scott Robinson. Scott is the Appraisal Institute president and holds designations as MAI, SRA, and AIGRS in the appraisal world. He has been involved in appraising in North Carolina for most of his life and followed in the footsteps of his father who started the family business in 1960. He has been actively involved with the Appraisal Institute since joining as a candidate for the SRA designation in 1987. Including the 4-year term of the National Board of Directors and serving as chair Regional 5, he has served in all offices for the North Carolina chapter. He has been involved in the regional and national chapter since 1991. He served as national president-elect and vice president of the executive committee and was chair of the National Finance Committee in 2014. Since 2014, he has served as vice-president for World Association Evaluation Organization and has been a trustee for the International Property Management Standards Coalition since 2014 and serves on the organization’s executive committee.

Bruce and Scott discuss the duties of the Appraisal Institute president, worldwide access to information and how much it varies, the education required to become an appraiser, when it was first required for appraisers to have a license, the different levels of certification, areas of concern in the industry and much more on this week's Norris Group real estate radio show and podcast.

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Friday, August 12, 2016

Peter Aldana, Assessor-County Clerk-Recorder for Riverside County Joins Bruce Norris on the Real Estate Radio Show #499

Bruce Norris is joined this week by Peter Aldana. Peter was elected as the assessor-county clerk-recorder for Riverside County in June 2014. He has been with the assessor’s office for over 25 years in a variety of appraisal, supervisory, and management positions. He is a lifelong resident of Riverside County. He earned his B.A. from Cal State University, Fullerton and his M.A. from Azusa Pacific University. He is a member of the California Assessor’s Association, the County’s Records Association of California, International Association of Assessor’s Offices, and the Appraisal Institute. He is also a member of the Inland Empire Hispanic Leadership Council.

Bruce and Peter discuss the 2016 and 2008 cycles, the area of the market where assessors saw the biggest increase, bright spots in construction, Prop 8 and Prop 13, and much more on this week's Norris Group real estate radio show and podcast.

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Friday, August 5, 2016

Brad Hunter of HomeAdvisor Joins Bruce Norris on the Real Estate Radio Show #498

Bruce Norris is joined this week by Brad Hunter. Brad spearheads HomeAdvisor, which works with the analysis and tracking of housing markets and the home improvement industry using proprietary data. In his former position, he was Chief Economist and Director of Consulting for Metro Study, where he orchestrated 100s of areas for specific housing market studies over his 18 years at the firm. He also presented original research and insights to the federal agencies who focused on the housing industry during the depths of the housing crisis.

Bruce and Brad discuss his HomeAdvisor site, the percentage of remodeling projects in the market, demographics and their effect on home improvement, the output gap we should see filled, foreign and local investor participation, what we should expect for the real estate market in the coming year, and much more on this week's Norris Group real estate radio show and podcast.

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Friday, July 29, 2016

Susie Leivas of Leivas Tax Wealth Management Joins Bruce Norris on the Real Estate Radio Show #497

Bruce Norris is joined this week by Susie Leivas. Susie is the CEO of Leivas Tax Wealth Management. She began at age 13 and has nearly four decades of experience. Susie started in the tax business assisting her father Richard Leivas. After completing her education, she and her father became business partners, eventually forming Leivas Tax Wealth Management. Today, she serves as the leader of the team as an enrolled agent, a tax preparer, and a financial advisor with HD Vest Investment Services. She can assist clients with a wide array of services, and she has had Bruce as a client for many years.

Bruce and Susie discuss capital gains, the current percentage of the state tax at $55,000, tax rates for payments that are part interest and part principal, rules for exchanging properties in another state, and much more on this week's Norris Group real estate radio show and podcast.

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Friday, July 22, 2016

Susie Leivas of Leivas Tax Wealth Management Joins Bruce Norris on the Real Estate Radio Show #496

Bruce Norris is joined this week by Susie Leivas. Susie is the CEO of Leivas Tax Wealth Management. She began at age 13 and has nearly four decades of experience. Susie started in the tax business assisting her father Richard Leivas. After completing her education, she and her father became business partners, eventually forming Leivas Tax Wealth Management. Today, she serves as the leader of the team as an enrolled agent, a tax preparer, and a financial advisor with HD Vest Investment Services. She can assist clients with a wide array of services, and she has had Bruce as a client for many years.

Bruce and Susie discuss her start in the tax business at a young age, tax law changes from 2015 and what we should expect this year, the group mood for taxpayers in 2016, the attitude of baby boomers and millennials in regard to spending and saving, how well prepared people are today financially for surprises, and much more on this week's Norris Group real estate radio show and podcast.

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Friday, July 15, 2016

Appraiser and Investor Rick Solis Joins Bruce Norris on the Real Estate Radio Show #495

Bruce Norris is joined this week by Rick Solis. Rick is a real estate investor, property manager, note buyer, options investor, real estate appraiser, and a good teacher.

Bruce and Rick discuss his typical tenants, how he determines a good tenant, what makes people decide to rent versus owning, why he chose to manage rental properties himself, and much more on this week's Norris Group real estate radio show and podcast.

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Friday, July 8, 2016

Appraiser/Investor Rick Solis Joins Bruce Norris on the Real Estate Radio Show #494

Bruce Norris is joined this week by Rick Solis. Rick is a real estate investor, property manager, note buyer, options investor, real estate appraiser, and a good teacher.

Bruce and Rick discuss the appraisal world, what inspired him to become involved in the business, the appraisal market during the 90s, the price difference between 2014-2015 and 2015-2016, construction in areas such as Hesperia, and much more on this week's Norris Group real estate radio show and podcast.  Full transcription coming Monday.

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Friday, July 1, 2016

Ray Brewer, HUD Field Office Director, Joins Bruce Norris on the Real Estate Radio Show #493

Bruce Norris is joined this week by Ray Brewer. Ray is currently the field office director for the U.S. Department of Housing and Urban Development in L.A. He has been serving in this capacity since June 2009, consisting of more than 200 employees. The HUD LA office is the largest field office in the nation. Having joined HUD in 1978, he has been involved in many different departments. As field office director he represents the agency and is responsible for coordinating outreach activities and program delivery to HUD customers and communities across Southern California.

Bruce and Ray discuss the real estate market over the past 38 years, HUD and how much it is involved in, the housing choice voucher program, how one applies for a voucher, the main demographic for the program, HUD's push to end veteran homelessness, and much more on this week's Norris Group real estate radio show and podcast

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Friday, June 24, 2016

Licensed Realtor Jack Shae Joins Bruce Norris on the Real Estate Radio Show #492

Bruce Norris is joined this week by Jack Shae. Jack moved to Florida in 1978 and began investing in real estate. He is a licensed realtor and mortgage broker. He has done syndications in mobile home park development. He has also bought and sold mortgages on real and personal property. Jack has concentrated on buying options on real estate. He has been an investor on single-family and mobile homes. He operates a 1031 exchange facilitator business in Florida. He has taught classes to investors nationwide on lease-purchase contracts, note-buying, land trust exchanges, and IRA investing.

Bruce and Jacke discuss the market in 1980 and how this opened the door for creativity, Florida’s real estate market, including their price point and years of volatility, his work with mobile-home parks, his idea of a stick-building tract of rentals, and much more on this week's Norris Group real estate radio show and podcast

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