Showing posts with label cash flow. Show all posts
Showing posts with label cash flow. Show all posts

Thursday, December 21, 2017

Bruce Norris Is Joined By Tom Wilson on the Real Estate Radio Show #570

This week Bruce Norris is joined again by Tom K. Wilson. Tom has been an investor for about five decades and has been investing in single families. He has grown into some other products as well.

Bruce discusses with Tom when he got involved with his properties he works with, how he funds them, his highest cash-flowing product, when he decided to shift his model for the company and what the result was, the toughest thing for him when working with a syndication, their trip to Washington D.C., and much more on this week's Norris Group real estate radio show and podcast.

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Friday, February 5, 2016

Rich Ford of Roofstock Joins Bruce Norris on the Real Estate Radio Show #472

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 different inventory, which are good cash-flowing assets, the percentage of properties that were bulk sales, the challenges rental companies are facing, public capital and blind pool, net asset value, the biggest areas of accumulation, and much, much more on this week's Norris Group real estate radio show and podcast.

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Friday, July 10, 2015

Randy Grigg of Elite Auctions Joins Bruce Norris on the Real Estate Radio Show #442

Bruce Norris is joined this week by Randy Grigg.  Randy is an entrepreneur, business owner, property manager, buy and hold real estate investor, and author of The Carrot Approach to Single-Family House Management, which Bruce read twice.  Most of all, he is a friend. Bruce and Randy discuss Randy's career before real estate, his early mentors in the business, renting a property versus purchasing, the advantage of living in a community with a price point, lease-options, and much, much more on this week's Norris Group real estate radio show and podcast.

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Friday, March 23, 2012

Bill Shipp Joins Bruce Norris on the Real Estate Radio Show #270

This week Bruce Norris is joined 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 in another state.  Bruce and Bill discuss how he got started in the business of buying real estate,  the market back in the 80s and how different it was, the work Bill has done with investors and the training he has passed on to others, the types of properties he buys, the VA and HUD repossessions that were big back in the 80s, the time when Bill bought out of the MLS, and much more on this week's real estate radio show and podcast.

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