Coronavirus: Retirement Account Changes #690

This week's radio show and video guest is Kaaren Hall alongside Bruce and Aaron Norris. Kaaren is the CEO of uDirect IRA Services, and she's also a board member at the Retirement Industry Trust Association. She's here today to fill us in on what you can and can't do with your retirement accounts at these interesting times. 

Kaaren will be answering some of Bruce and Aaron's questions regarding the CARES Act and how it impacts retirement accounts.  Bruce and Aaron will also be answering their subscribers' questions and giving us an update on COVID-19, including the latest numbers, the Pandemic Unemployment Assistance, foreclosure evictions, property taxes, CRDs and more.   

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.


Video Link

Radio Show

Tom Anderson of RITA Joins Bruce Norris on the Real Estate Radio Show #476

Bruce Norris is joined this week by Tom Anderson. Tom has served as president of RITA for the last four years. Tom has more than 44 years of experience in banking. He was the founder, former president, and CEO of Pensco Trust Company. He is currently on the board of Pensco Holding, LLC. He was also the founder and president of Pensco Pension Services, an IRS approved non-bank custodian and broker dealer. He was also the founder and president of Financial Information Services, a bank consulting company. This week's radio show focuses on self-directed IRA's and retirement plans.


Aaron and Tom discuss the original reason the government approved self-directed IRAs, the amount of assets included in the self-directed IRAs, a self-directed IRA compared to a defined benefit plan, a forced ROTH, RITA and what they do for the industry, topics discussed by Tom and many more in Washington this month, and much, much more on this week's Norris Group real estate radio show and podcast.

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Kaaren Hall Joins Bruce Norris on the Real Estate Radio Show #395

Bruce Norris is joined this week by Kaaren Hall.  Kaaren is the owner of uDirect IRA Services, a company that specializes in helping people understand what to do with their self-directed IRAs.  Kaaren utilizes her skill of mortgage banking, real estate, and property management to focus on this market and help others even in the midst of the recession that had gone by and collapsed the mortgage market.  Through her knowledge, she has educated tens of thousands on building wealth through IRAs and diversifying their investments. Bruce and Kaaren discuss different IRAs including ROTH, SEP, and traditional, how long IRAs have been in place, making contributions to your IRAs and when you can do business with them, the cutoff amounts for married and singles, groups of people allowed and disallowed from IRAs, and much, much more on this week's real estate radio show and podcast.




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Tom Anderson Joins Bruce Norris on the Real Estate Radio Show #204

This week Bruce is joined by Tom Anderson. Tom is the chairman and founder of PENSCO Trust Company. He is considered by many to be the national expert on the topic of self directed IRAs. Bruce and Tom discuss prohibited transactions, the IRS and the Department of Justice, real estate investors using their IRA for investing, disqualified persons and Internal Revenue Code 4975, how lenders can be fined for being involved in prohibited transactions, prohibited linked transactions, and much more.

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Tom Anderson Joins Bruce Norris on the Real Estate Radio Show #203

This week Bruce is joined by Tom Anderson. Tom is the chairman and founder of PENSCO Trust Company. He is considered by many to be the national expert on the topic of self directed IRAs. Bruce and Tom discuss Roth IRA, how and why IRAs were started, the 2010 Roth conversion, why investing in alternative assets make sense, leveraging an IRA, tax deferred investing, and much more.

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Hugh Bromma of Entrust #152

Bruce Norris is joined this week by CEO of Entrust, Hugh Bromma. Bruce and Hugh discuss more about self directed IRA's, the Do's and Don'ts of IRA investing, mistakes people make, investing in real estate using your IRA, and some commonly asked questions that a real estate investor might ask when deciding to invest using an IRA.

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Hugh Bromma of Entrust #151

Bruce Norris is joined this week by CEO of Entrust, Hugh Bromma. Bruce and Hugh discuss how Hugh got involved in the self-directed market, different retirement vehicles, self directed IRAs, what role Entrust plays for its clients, limits to investments in self-directed IRAs, how to spot custodians who may not know what they're doing, investing in real estate out of an IRA, and much more.

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Craig Hill with The Norris Group #150

Bruce speaks with Craig Hill again regarding hard money loans and trust deed investments at the Norris Group. This week Craig discusses preferred characteristics for a hard money borrower. With over 20 years in the hard money business, Craig has important discernment skills that protects our money sources. The Norris Group only loans in California so The Norris Group offers local insights and prides itself on an excellent track record. Bruce and Craig discuss why The Norris Group does not offer pooled (also known as fractionalized) trust deed investment and why they prefer their one-on-one method and the risk-saving features it offers. Bruce Norris and Craig Hill also discuss the new long term hard money program currently available.

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