COVID 19: Prop 13 and It's Impact on Tenants With Erik Hernandez #699

Bruce Norris is joined this week by Erik Hernandez.  Erik is a commercial real estate agent and a senior vice president and principal with Lee and Associates in Ontario specializing in industrial real estate. Erik's specialties include active tenant-buyer representation, landlord representation, land sales and development, build-to-suit assignments, and investment sales and analysis. Erik's real estate career now expands over 20 years in the Inland Empire, and he's achieved recognition for many notable transactions. He has been involved in over a billion dollars worth of commercial real estate transactions. See below for full video and resources

Bruce and Erik will primarily discuss Prop 13, whether or not they want to see it passed, SB 939, 2019 and how Erik felt this year went in terms of activity, California and how it has become a destination market for brand new, state-of-the-art buildings, whether law changes have been made that could affect industrial real estate, and much more 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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COVID-19: Apartment Real Estate With Kris German #697

Bruce Norris is joined this week by Kris German. He is Vice President of investments in the LA and San Bernardino counties. He specializes in selling multi-family residential properties since joining RE/MAX Commercial in 2007. He constantly ranks among the top three commercial agents within the RE/MAX commercial national division over the last twelve years. He has been awarded every award RE/MAX has to offer. This includes the RE/MAX Hall of Fame Award, Chairman’s Club Award, Lifetime Achievement Award, and most notably the Prestigious Diamond Club Award in 2015, 2016, and 2017.  See also full video and resources.  

Bruce and Kris will discuss the apartment side of the real estate market, how he first got into working in this sector, if the apartments were affected by the market crash, whether there are more apartments being built or scheduled to be built, the mood of the apartment owner, the policies in place to help renters, whether we could see a shift in migration for California, Prop 13 and how this could play out for apartments, and much more 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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Turmoil and the Coming Changes With Bruce and Aaron Norris #673

This week's radio show guests are The Norris Group's very own Bruce and Aaron Norris.  Today, they will be discussing their upcoming event Turmoil. They're about to send out a mailer this week after having switched gears this week following a conversation. It has been a lot of research, and they are excited about where it is going 

In this segment, Bruce and Aaron will discuss their upcoming event Turmoil: The Coming Storm of Changes, some of the main topics that will be covered, California and Florida real estate, Quadrants 1 and 4, ADUs and the recent bill that was brought back, 2020 and rent control, Prop 13, iBuyers, 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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Manufactured Housing and ADUs with John Arendsen #672

Aaron Norris is joined again this week by John Arendsen of Backyard Homes and several other companies to discuss accessory dwelling units. John is a licensed general contractor, manufactured home contractor, a licensed real estate broker and manufactured home dealer. This makes him a quadruple threat. He's been Aaron's go to for the last several years about accessory dwelling units. They met because of an introduction by Linda Scott out at SDCIA, and they've just had a great time getting to know each other. He gets to nerd out with legislation, anything around accessory dwelling units for the last year, and his whole family is actually involved in the business. His son and daughter run the main operations for on-the-level general contractors. His wife operates MH Processing LLC, and she's been a great resource for lending around the manufactured space. Aaron always bugs her about questions regarding ADUs 

In this segment, Aaron and John will discuss manufactured housing including ADUs and Junior ADUs, all the different bills that were passed relating to ADUs and what they cover, impact and permit fees, what investors can do if they want to present an idea to the Planning Department, 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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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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Beth Peerce of NAR Joins Bruce Norris on the Real Estate Radio Show #375

Bruce Norris is joined this week by Beth Peerce. Beth has been a realtor for more than 35 years and is the broker/owner of Primetime Properties in Century City, California. She is currently the vice-president for the National Association of Realtors. She was elected honorary director for life in 2006 and Realtor of the Year for California in 2012. She comes from a background where her family was in real estate as well. Bruce and Beth discuss Prop 13, the real estate business in regards to volume of sales, the affordability index, factors standing in the way of a true recovery, new home construction, Dodd-Frank, and much more on this week's real estate radio show and podcast.

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