Asset Protection and Liability With Dyches Boddiford #653

Bruce Norris is joined again this week by Dyches Boddiford.  Dyches is one of the most recognized and trusted names in the real estate industry. He went through college, got a degree in physics and computer science in the early 70s. In the 1980s, he began to purchase properties, first his own home. By mid-80s, he also began to purchase notes. In the early 90s, he retired from working for other companies to work on his own. He created loans for mobile homes, and he even bought and flipped them and carried the financing. In the early 90s, he began teaching about the subjects he's most well known for, holding properties and trusts and corporations and LLCs.

In this segment, Bruce and Dyches will discuss asset protection, the percentage of investors who carry asset protection, Corporations and LLCs, his favorite state to originate an LLC, why he became interested in teaching, liability issues investors who hold rental real estate face, and much more all on the real estate radio show.

The Norris Group originates and services loans in California and Florida under California DRE License 01219911, Florida Mortgage Lender License 1577, and NMLS License 1623669.  For more information on hard money lending, go www.thenorrisgroup.com and click the Hard Money tab.


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Amanda Han and Matt MacFarland of Keystone CPA Join Bruce Norris on the Real Estate Radio Show #396

Bruce Norris is joined this week by Amanda Han and Matt MacFarland. They are the owners of Keystone CPA. Matt has over 20 years of experience in public accounting as a CPA and tax strategist. He has worked for both the Big Four and Regional CPA firms. Matt has served as a tax manager in the private client advisor group, where he focuses his expertise in tax planning and compliance for high worth individuals, business owners, commercial real estate investors, and professional athletes. The man has over 18 years of experience as a CPA with special emphasis in real estate, self-directed investing, and individual tax-planning. Amanda has extensive Big Four public accounting experience in the lead tax groups serving clients in the real estate industry. Bruce, Amanda, and Matt discuss tax season, the busiest time for CPAs, the diversity of clients, the time in California when they reached the upper limits of the tax rate in California, the federal rate and new additions to the tax, the brand new Unearned Medicare Contribution tax and social security tax, possible changes in the tax rate structure, and much, much more on this week's real estate radio show and podcast.




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Rick Sharga, Vice President of Carrington Holding Company, LLC, Joins Bruce Norris on the Real Estate Radio Show #297

Bruce Norris is joined this week by Rick Sharga. Rick is an executive vice president at Carrington Mortgage Holdings, LLC. Rick is one of the most often quoted experts and has been on almost every television show about real estate records. He has been seen on NBC Nightly News, CNN, CBS, NBC. He is a trusted voice in what is going on in the real estate world.
Bruce and Rick discuss his company and how it has grown, their position in the marketplace, companies who plan on reaching critical mass, foreclosures back in 2008 and 2009 and how they have had an impact, the shorter process today for obtaining a FICO score, the change in attitude toward lenders in regards to principal reductions, the recent bulk sale of properties in Florida and California, and much more on this week's real estate radio show and podcast.

In other news, the fifth annual I Survived Real Estate will be meeting on October 19 this year.  The Norris Group would like to thank their gold and platinum sponsors for helping to make this event possible.  Rick Sharga will be joining the panel at I Survived Real Estate 2012.   

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Bill Shipp Joins Bruce Norris on the Real Estate Radio Show #271

This week Bruce Norris is joined once again by Bill Shipp. Bill has been one of the largest wholesale buyers of real estate in Riverside for many years. He has a unique system that can even be done from a distance, which he proves every day by living and working in Utah.  Bruce and Bill discuss the buy/sell business, the process of flipping of flipping and how both of them have done this in their business, factors that go into Bill closing a deal, buying subject to, the difference in prices and buying and selling six years ago compared to today, rentals and when it is important and not wise to buy one, stock trades, Charles Dow's book on the emotional cycles of investing, and much more on this week's real estate radio show and podcast.

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