Notes and Self-Directed IRAs with Rick Solis #595

Bruce Norris is joined this week by Rick Solis. Rick is a retired appraiser, investor, teacher, and property manager. Primarily he is an investor now. He retired only two years ago when he was 48.

Bruce discusses with Rick his retirement accounts he had to invest with, Substantially Equal Periodic Payments, when he first learned about self-directed IRAs, his concerns about the timing of the next down cycle, the states in which he invested in notes, his first Florida loan, the unique thing Bruce had to deal with when working with the real estate there, and much more on the real estate radio show and podcast.

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Rick Solis and His Journey to Real Estate #594

Aaron and Bruce Norris are joined this week by Rick Solis. Rick is a retired appraiser, investor, teacher, and property manager. Primarily he is an investor now. He retired only two years ago when he was 48.

Aaron and Bruce discuss with Rick how he began his journey into real estate at a young age, his first house he bought as an investment, how the downturn affected him, his inventory building and how it has changed, whey he decided to exit sooner than when most people thought advantageous, and much more on the real estate radio show and podcast.

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Appraiser and Investor Rick Solis Joins Bruce Norris on the Real Estate Radio Show #495

Bruce Norris is joined this week by Rick Solis. Rick is a real estate investor, property manager, note buyer, options investor, real estate appraiser, and a good teacher.

Bruce and Rick discuss his typical tenants, how he determines a good tenant, what makes people decide to rent versus owning, why he chose to manage rental properties himself, and much more on this week's Norris Group real estate radio show and podcast.

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Appraiser/Investor Rick Solis Joins Bruce Norris on the Real Estate Radio Show #494

Bruce Norris is joined this week by Rick Solis. Rick is a real estate investor, property manager, note buyer, options investor, real estate appraiser, and a good teacher.

Bruce and Rick discuss the appraisal world, what inspired him to become involved in the business, the appraisal market during the 90s, the price difference between 2014-2015 and 2015-2016, construction in areas such as Hesperia, and much more on this week's Norris Group real estate radio show and podcast.  Full transcription coming Monday.

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Appraiser/Investor Rick Solis Joins Bruce Norris on the Real Estate Radio Show #422

Bruce Norris is joined again this week by Rick Solis. Rick is a fellow investor, property manager, property finder, and a good teacher. Bruce and Rick discuss how Rick got his start, his most influential educators, including Zig Ziglar and John Schaub, the scratch and dent method, property management lessons, his work with Andrea Esplin, and much, much more on this week's Norris Group real estate radio show and podcast.

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Appraiser/Investor Rick Solis Joins Bruce Norris on the Real Estate Radio Show #421

Bruce Norris is joined again this week by Rick Solis. Rick is a fellow investor, property manager, property finder, and a good teacher. Bruce and Rick discuss how he got his start in appraisals and financing, the appraisal world and how it has changed, concerns this has caused, values of properties in 2014, inventory and its effect on the softness of price, hedge funds and their influence in the area, and much, much more on this week's Norris Group real estate radio show and podcast.

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Craig Hill Joins Bruce Norris on the Real Estate Radio Show #340

Bruce Norris is joined again this week by Craig Hill. Craig is the underwriter for the Norris Group’s loan programs. He has been with the Norris Group since they opened, and he has been in the hard money loan business for over twenty years. Bruce and Craig discuss the hard money points and fees and the changes made to the programs, loan-to-value, buy and sell, entities in which investors buy properties, credit worthiness, borrower protection, short sales and REOs, the new potential construction lending program for the Norris Group, and much more on this week's real estate radio show and podcast.

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Mike Cantu, Tony Alvarez, and Rick Solis Join Bruce Norris on the Real Estate Radio Show #300

For our 300th radio podcast, Bruce Norris is joined by three special guests: Rick Solis, Mike Cantu, and Tony Alvarez. Rick Solis is a very successful investor who flies a little bit below the radar. He is an appraiser, buys trust deeds, and buys properties. Tony Alvarez, who invented the radar, is the REO Mentor and is a very successful buyer and teacher. He works with buying and holding, buying and selling, does wholesaling, and buys currently out of the MLS. Mike Cantu is a very successful property buyer. He has been a developer, landlord, and trainer. He is specialized in talking to clients on the phone and never meeting a soul who he buys houses from. Bruce discusses with them home prices in the lower end markets as well as the varying cities, hedge funds, the competition in the market and private party deals Mike has put together, the mailers Rick sends out and the attitude of those receiving them, the difference today when promising returns, the inevitable price increases, 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.

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Mike Cantu, Tony Alvarez, and Rick Solis Join Bruce Norris on the Real Estate Radio Show #291

Today on the show are three special guests. Rick Solis is a very successful investor who flies a little bit below the radar. He is an appraiser, buys trust deeds, and buys properties.
Tony Alvarez, who invented the radar, is the REO Mentor and is a very successful buyer and teacher. He works with buying and holding, buying and selling, does wholesaling, and buys currently out of the MLS.
Mike Cantu is a very successful property buyer. He has been a developer, landlord, and trainer. He is specialized in talking to clients on the phone and never meeting a soul from whom he buys houses.
Bruce discusses with them the first time they were inspired to invest in real estate, how their children view real estate, the time they had their first good stretch of real estate, their toughest times in the job, their definition of wealthy, 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. 


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Craig Hill with The Norris Group #260

Bruce is joined once again this week by Craig Hill. Craig has been with The Norris Group since its inception in 1995. He has worked with the real estate investors, helping them access money for their deals and trust deed investors who want to get a very safe yield on their money.  Bruce and Craig discuss the borrower side of the loan program, gaining experience in the real estate market, the real estate world at the time Bruce and Craig first met, the hoops and filters of lending, and a lot of facts about lending people are not originally told, and much more on this week's real estate radio show and podcast.
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Rick Solis and Andrea Esplin Join Bruce Norris on the Real Estate Radio Show #239

This week Bruce is joined once again by Rick Solis and Andrea Esplin, both investors in Southern California.  Bruce, Andrea, and Rick discuss when they noticed the market going down and how it affected their business strategies, how things have changed in the real estate business, the status of rental properties for the time, the status of their inventories, and much more on this week's real estate radio show and podcast.

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Andrea Esplin and Rick Solis Join Bruce Norris on the Real Estate Radio Show #238

Bruce is joined this week by Rick Solis and Andrea Esplin.  Both are real estate investors in Southern California and have been doing it for a long time.  Rick is also the appraiser that appraises most of The Norris Group’s hard money loan situations.  Bruce, Andrea, and Rick discuss how they first got started in real estate, how they put their resources together to form their business partnership, what the real estate market was like a decade ago compared to today, the price of rental properties,  and much more on this week's real estate radio show and podcast.


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Mike Cantu, Tony Alvarez, and Rick Solis #201

This week, The Norris Group celebrates its 201st episode and we're joined by Tony Alvarez, Mike Cantu, and Rick Solis. The four discuss the rental market, what the three like in a rental including square footage, bedrooms, and number of bathrooms, areas they all like and buy in, school districts, holding condos in the current California market, section 8, the current state of REO and shadow inventory, dealing with renters, and much more.

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Mike Cantu, Tony Alvarez, and Rick Solis #200

This week, The Norris Group celebrates its 200th episode! Thanks everyone for your continued support for our work. Our goal is always to provide the best information to help you in your California real estate business. This week, we have a special show featuring three of our favorite guests: Tony Alvarez, Mike Cantu, and Rick Solis. The four discuss what they would do if they could do it all over again, what they've been working on in the current market, and the different business models they all have. The three also talk about price and rent declines.

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Appraiser and Investor Rick Solis #177

This week Bruce Norris is joined by California real estate investor and appraiser, Rick Solis.

Rick and Bruce talk more about investing from 2001-2007, what was working and what was not, different skill sets that made a big difference, what Rick did in a downturn, Bruce Norris and the auction business, what Rick would have done differently in a boom, how Rick is buying properties now, competing with other investors, bad investors ruining it for the rest of us, and much more.

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Appraiser and Investor Rick Solis #176

This week Bruce Norris is joined by California real estate investor and appraiser, Rick Solis.

Rick has been in the business since he was 20 years old. Rick does most of the appraisals for The Norris Group's hard money loan division and also helps train investors at The Norris Group's REO Boot Camp.

Bruce and Rick discuss the changes in the appraisal industry since Rick started, why he likes working with hard money lenders, the misconception of appraising being easy because of systems like Zillow, cost-basis appraisals, different property features that add value and those that don't, and much more. The full transcription can be found in the archives at thenorrisgroup.com

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