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.

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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.

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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.

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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.

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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.

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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.

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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.

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Friday, March 2, 2018

Aaron Norris Is Joined By Sterling Jawitz of Common on the Real Estate Radio Show #580

This week Aaron Norris is joined Sterling Jawitz of Common. He is head of the real estate strategic partnerships at Common where he is in charge of growing and maintaining relationships with large-scale real estate developers, owners, and investors in all target markets. As a first employee of Common, Sterling spent more than a year as head of real estate acquisitions, focusing on real estate acquisition, strategy, project-specific analysis. Prior to Common, he focused on real estate development in New York City, specializing in high density co-living spaces that provide a social and professional development services and amenities. He also worked in real estate capital markets, primarily with institutional investors looking to deploy equity and debt.

Aaron and Sterling discuss whether there is a lot of competition when it comes to micro and co-living, pod shares and whether these add to the competition, the markets where Common is located and why they chose them, how they get their tenants involved in the community, the risk of putting strangers together and how they manage the risk, the future of co-housing, and much more on the real estate radio show and podcast.

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Friday, February 23, 2018

Aaron Norris Is Joined By Sterling Jawitz of Common on the Real Estate Radio Show #579

This week Aaron Norris is joined Sterling Jawitz of Common. He is head of the real estate strategic partnerships at Common where he is in charge of growing and maintaining relationships with large-scale real estate developers, owners, and investors in all target markets. As a first employee of Common, Sterling spent more than a year as head of real estate acquisitions, focusing on real estate acquisition, strategy, project-specific analysis. Prior to Common, he focused on real estate development in New York City, specializing in high density co-living spaces that provide a social and professional development services and amenities. He also worked in real estate capital markets, primarily with institutional investors looking to deploy equity and debt.

Aaron and Sterling discuss Common and their main focus, the different types of co-living scenarios and whether they are the same or different, misconceptions people have about co-living, what is included in a Common living space, the typical interior design for a Common 4-5 bedroom living space, whether they have a team member who places the right people together, ground-up development, and much more on the real estate radio show and podcast.

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Friday, February 16, 2018

Aaron Norris Is Joined By Steve Basten of John Burns Real Estate Consulting on the Real Estate Radio Show #578

This week Aaron Norris is joined by Steve Basten of John Burns Real Estate Consulting. He supports the firms building products research, including their in-depth forecasts of building products spending in new construction and remodeling end markets and, additionally, is responsible for demand forecasting and sector coverage of all residential building product categories. Before joining John Burns Real Estate Consulting, Steve worked for Kohler Co. as a product manager, responsible for new product development priorities and scheduling and, prior, in Kohler's Corporate Development office as an M&A analyst where he was responsible for valuation analysis, deal-flow management, and competitive benchmarking for all of Kohler’s business units. He has an in-depth understanding of the residential construction industry from financial outlook to interior design trends and is very passionate about new product development and innovation.

Aaron and Steve discuss whether HGTV has ruined the building industry, whether innovation is outpacing regulation, factors that make design and finish trendy versus classic, whether black colors and paint will be in this year and out the next, the definition of simplified customization, much more on the real estate radio show and podcast.

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Friday, February 9, 2018

Aaron Norris Is Joined By Steve Basten of John Burns Real Estate Consulting on the Real Estate Radio Show #577

This week Aaron Norris is joined by Steve Basten of John Burns Real Estate Consulting. Here,he supports the firms building products research, including their in-depth forecasts of building products spending in new construction and remodeling end markets and, additionally, is responsible for demand forecasting and sector coverage of all residential building product categories. Before joining John Burns Real Estate Consulting, Steve worked for Kohler Co. as a product manager, responsible for new product development priorities and scheduling and, prior, in Kohler's Corporate Development office as an M&A analyst where he was responsible for valuation analysis, deal-flow management, and competitive benchmarking for all of Kohler’s business units. He has an in-depth understanding of the residential construction industry from financial outlook to interior design trends and is very passionate about new product development and innovation.

Aaron and Steve discuss John Burns Real Estate Consulting and the main goal they strive for in their business, where design starts for things like buildings and Home Depot and Lowes products some new housing trends and where we should expect to see them, micro and co-living, surban neighborhoods, much more on the real estate radio show and podcast.

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Thursday, February 1, 2018

Bruce Norris Is Joined By John Bohannon of BuildZig on the Real Estate Radio Show #576

This week Bruce Norris is joined again by John Bohannon of BuildZig. John took his first interest in shop class for the construction industry at large in elementary school and has turned it into a career. He is the director of business development at BuildZig, a funds control firm that has been in the industry since 1936. John is a licensed general contractor, certified construction inspector, registered home inspector, and a certified review appraiser.

Bruce and John discuss Joint Control Escrow Licensing, the hottest market and where he sees the most activity, co-living and micro-apartments, the newest business incubator, whether other states like California utilized heavy regulations after the downturn, the biggest mistakes funds control catches, popular projects these days, whether the recent fires will affect construction, and much, much more on the real estate radio show and podcast.

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Friday, January 26, 2018

Bruce Norris Is Joined By John Bohannon of BuildZig on the Real Estate Radio Show #575

This week Bruce Norris is joined by John Bohannon of BuildZig. John took his first interest in shop class for the construction industry at large in elementary school and has turned it into a career. He is the director of business development at BuildZig, a funds control firm that has been in the industry since 1936. John is a licensed general contractor, certified construction inspector, registered home inspector, and a certified review appraiser.

Bruce and John discuss funds control, the process, what a funds control company does, who uses it, the costs involved, what it monitors, and much, much more on the real estate radio show and podcast.

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Friday, January 19, 2018

Bruce Norris Is Joined By REO Mentor Tony Alvarez on the Real Estate Radio Show #574

This week Bruce Norris is joined by Tony Alvarez. Tony is known as the REOMentor and has been a friend of theirs for a long time.

Bruce and Tony discuss the market opportunity he jumped on in Lancaster, what the market was like in Rosamond in 2006 and how he responded to it, how he utilized what he learned in his life to help him grow his business, what he does to help others wanting to get started, the 2006 Millionaire Maker, and much more more on the real estate radio show and podcast.

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Friday, January 12, 2018

Bruce Norris Is Joined By REO Mentor Tony Alvarez on the Real Estate Radio Show #573

This week Bruce Norris is joined by Tony Alvarez. Tony is known as the REOMentor and has been a friend of theirs for a long time.

Bruce and Tony discuss how he spends his time between California and Oregon, the states with the biggest positive net migration, the group of people who drive the fluctuating rental prices in the housing market in those states, Lancaster's journey and when Tony became interested in that market, Tony's own journey in regards to him buying and selling, what made him want to work with Bruce, and much more more on the real estate radio show and podcast.

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