Rich Ford of Roofstock Joins Bruce Norris on the Real Estate Radio Show #471

Bruce Norris is joined this week by Rich Ford. Rich is Chief Development Officer and co-founder of Roofstock, a semi-stealth new startup based in Oakland. His website bills the company as “rental home investing made stock market simple.” Invitees who are starting to buy and sell on the site have called it the e-trade of occupied rental home investing. Rich is far from a newcomer to the single-family rental market. Before Roofstock, Rich spent 20 years doing investment banking with a focus on capital-raising and strategic advisory within the real estate sector and emerging single-family rental industry. Firms included Jeffries, Bank of America, Merrill Lynch, Leihman Brothers, and Morgan Stanley. He hosted the first ever single-family rental conference back in May 2012. He was also instrumental in the formation of Invitation Homes, the largest owner of single-family residences and rentals in the U.S. today. He has worked with all the largest participants in the SFR sector on capital raising and advisory work. This includes providing expertise on most of the IPOs. He was integral to the creation of a new class of preferred security for AMH that links home appreciation to returns. He also advised on the sale of over 6,000 single-family rental homes included many of the major transactions in the market. He is a frequent moderator and panelist at single-family rental conferences. Bruce and Rich discuss his company Roofstock, owning rental single-family homes, the scale of new rental homes and investor participation, large scale investors being market-makers, efficiencies in the real estate market, the target property for holders of rental properties, and much, much more on this week's Norris Group real estate radio show and podcast.

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Rick Sharga of Ten-X Joins Bruce Norris on the Real Estate Radio Show #470

Bruce Norris is joined this week by Rick Sharga. Rick is the chief marketing officer for Ten-X, of which he became CMO this month. This was after spending two years with Auction.com as an executive vice president. He is one of the country’s most frequently quoted sources on real estate, mortgage, and foreclosure trends. Rick has appeared on the CBS evening news, NBC Nightly News, CNN, ABC World News, CNBC, Fox, Bloomberg, and NPR. He has briefed government organizations such as the Federal Reserve, the Senate Banking Committee, and corporations like JPMorgan Chase, Citibank, and Deutsche Bank. Prior to joining Auction.com, Rick was an executive vice president for Carrington Mortgage Holdings. He has also spent 8 years at RealtyTrac, where he was the senior vice president. Rick is a member of the corporate board of governors of the National Association of Hispanic Real Estate Professionals. He was included in Inman’s News top 100 people, an annual list of the most influential leaders in real estate, both in 2013 and 2014. Bruce and Rick discuss his company Ten-X, their sale of commercial real estate, their use of auctions, the residential and commercial markets, his view of the national housing picture, relative return, the Japanese and Chinese markets, and much, much more on this week's Norris Group real estate radio show and podcast.

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Jim Fetgatter of AFIRE Joins Bruce Norris on the Real Estate Radio Show #469

Bruce Norris is joined this week by Jim Fetgatter. He is the chief executive of the Association of Foreign Investors in Real Estate, an organization known as AFIRE. He assumed this position in 1992. Before joining AFIRE, he spent 15 years in the real estate industry with the last five being spent in Dutch and British property companies, both in Washington, D.C. He served as an officer in the U.S. Navy and holds a B.S. from Oklahoma State University and an MBA from Harvard Business School. Bruce and Jim discuss his organization, the Association of Foreign Investors in Real Estate, institutional investors, the world's most stable and secure markets, the three main types of properties in the market, the FIRPTA tax on foreign investors, the impact of foreign investors, the biggest threat to a real estate downturn, the Japanese and Chinese markets, and much, much more on this week's Norris Group real estate radio show and podcast.

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Aaron Norris of The Norris Group Joins Bruce Norris on the Real Estate Radio Show #468

Bruce Norris is joined this week by his son Aaron Norris. Aaron is the vice president of the Norris Group, in charge of marketing and creating award-winning products. Bruce and Aaron discuss their market timing reports, the transferal of their materials to digital, the creation of the quadrant system, the Norris Group's social media content, investor discounts, and much, much more on this week's Norris Group real estate radio show and podcast.

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The Norris Group's Craig Hill Joins Bruce Norris on the Real Estate Radio Show #467

Bruce Norris is joined this week by Craig Hill. Craig has been with the Norris Group for almost 20 years. He is active as the underwriter, salesperson, and money raiser for the company. You might say he wears a lot of hats. Bruce and Craig discuss the hard money loan business, how Craig got his start here, the misconception of the risk of loaning to an investor, credit vs. liquidity, the Norris Group 6.9% and 8.9% loan program, and much, much more on this week's Norris Group real estate radio show and podcast.

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