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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