TNG I Survived Real Estate Legacy Series with Peter Fortunato

 The Norris Group's Legacy Series is interviews with I Survived Real Estate Rohny Award winners.  Next up in the 2020 series is real estate mentor and educator Peter Fortunato.  The Rohny Award is given every year to a real estate educator or mentor that has impacted the real estate investment market and many careers along the way.

Peter is a libertarian and a capitalist. He believes that transactions which you can be proud of result from carefully conceived goals and plans followed by purposeful actions and scrupulous documentation.

Upon graduating from high school in 1965, Peter went right into the real estate business. His motivation was his desire to be self-employed until he could afford to be unemployed.

Pete says “Everyone who knew me believed that I was unemployable. They were right. I still am!”

Peter was excited about being free to build his business and his future. He attended seminars and read at every opportunity. He sought out and learned from many mentors and benefited from the example and counsel of his father who always encouraged and supported him.

Pete finished college with a clientele and an investment portfolio. By 1975 his investment income had eliminated his need for fees from clients to fund his lifestyle.

Peter continues to teach and to attend real estate and investment seminars and meetings regularly. He is respected for his clear and patient explanations of investment concepts and
 transactions. He has been building, structuring, manipulating and managing investment transactions and portfolios for more than 45 years.

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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TNG I Survived Real Estate Legacy Series with "Coach" Jack Fullerton

 The Norris Group's Legacy Series is interviews with I Survived Real Estate Rohny Award winners.  Next up in the 2020 series is foreclosure specialist and educator The Coach, Jack Fullerton.  The Rohny Award is given every year to a real estate educator or mentor that has impacted the real estate investment market and many careers along the way.

“Coach” Jack Fullerton is a well-loved real estate investor and connector in the real estate investor community. He was recognized in 2014 with the Rohny Award for being a mentor to many in the Southern California real estate community and beyond. He was our first to receive the honor.

Bruce and Coach Fullerton talk about how  Coach got started in real estate, how he started teaching and why he is called Coach.

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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TNG I Survived Real Estate Legacy Series with Ward Hanigan

The Norris Group's Legacy Series is interviews with I Survived Real Estate Rohny Award winners.  Next up in the 2020 series is foreclosure specialist and educator Ward Hanigan.  The Rohny Award is given every year to a real estate educator or mentor that has impacted the real estate investment market and many careers along the way.

Ward Hanigan is a full-time foreclosure specialist and trainer in San Diego County. He brings you over 37 years of real estate experience, with a degree in Economics and a Doctorate in Law. He has worked in California’s foreclosure market exclusively since 1982, and as a consequence he has extensive experience finding cash, researching title, handling evictions, rehabbing, reselling, consulting, and is a “one-on-one” trainer and mentor to some of the most successful foreclosure practitioners in the Western United States.

Bruce and Ward talk about how Ward got started md shares some heart felt stories that shaped his life and decisions.

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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TNG I Survived Real Estate Legacy Series with John Schaub

 The Norris Group's Legacy Series is interviews with I Survived Real Estate Rohny Award winners.  First in the 2020 series is real estate author and educator John Schaub.  The Rohny Award is given every year to a real estate educator or mentor that has impacted the real estate investment market and many careers along the way.

John Schaub has prospered during three recessions, four tax law changes and interest rates ranging from 6-16% in his 35 years as a real estate investor. His 2005 best-selling book, Building Wealth One House at a Time, assisted more than 100,000 real estate enthusiasts on their way to successful invest­ing. His 2007 book, Building Wealth in a Changing Real Estate Market, is available online and in bookstores.

 

John recommends buying better, well-located houses rather than cheaper houses and other management-intensive properties. Better houses are more profitable and far less trouble. He advocates paying off debt, owning properties free and clear, and renting only to long term, high quality tenants.

 

John buys, sells and manages his own properties, and enjoys providing quality housing at fair prices for working families in his community. He teaches one Building Wealth One House at a Time seminar each year where students learn how to identify the best investment property in their town, how to buy it at below-market prices, and how to negotiate terms that guarantee a profit.

John also invests his time helping those who cannot afford to buy a home through conventional sources through his work with Habitat for Humanity and the Fuller Center for Housing. John has served for more than 20 years on the board of Sarasota Habitat, 7 years on Habitat's International Board and currently serves as the chair of the  board of the Fuller Center for Housing.

 

John, a Florida native, is a proud graduate of the University of Florida, where he earned his B.A. from the College of Business Administration in 1970. He is an accomplished boat captain (power and sail), fisherman, skier (snow and water) and an instrument-rated pilot. John loves to travel, especially with his wife Valerie and their young adult children.

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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John Burns, CEO John Burns Real Estate Consulting Pt 2

John leads a consulting firm that specializes in independent, unbiased analyses of the real estate industry. The company is on retainer with a very diversified group of companies to advise them on market conditions, and also completes a variety of project and portfolio specific advisory assignments. He was a CPA for 2 years and then spent 8 years in KPMG Peat Marwick's Real Estate Consulting practice (now called Bearing Point). He was also a Principal for four years at a national consulting firm before starting our firm in 2001. John has a M.B.A. from the University of California, Los Angeles and a B.A. in economics from Stanford University.

Specialties: Real estate market research, Housing Analysis, Strategic Planning, Financial Analysis and Valuation

Bruce and John talk about which states are winners and losers for migration.  How each state has been impacted based on their response to COVID and a very something very interesting that may come from this housing market.

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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John Burns, CEO JBREC

 John leads a consulting firm that specializes in independent, unbiased analyses of the real estate industry. The company is on retainer with a very diversified group of companies to advise them on market conditions, and also completes a variety of project and portfolio specific advisory assignments. He was a CPA for 2 years and then spent 8 years in KPMG Peat Marwick's Real Estate Consulting practice (now called Bearing Point). He was also a Principal for four years at a national consulting firm before starting our firm in 2001. John has a M.B.A. from the University of California, Los Angeles and a B.A. in economics from Stanford University.

Specialties: Real estate market research, Housing Analysis, Strategic Planning, Financial Analysis and Valuation

Bruce and John talk about the government's response to the CoronaVirus and what the consequences of the stimulus package could be.

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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Kathleen Kramer Pt 1. Real Estate and the Post Pandemic Recovery

 Bruce is joined by Kathleen Kramer.  In her 25+ years as a licensed Real Estate Broker and Mortgage Originator, Kathleen Kramer has closed over 2500 transactions for more than a $1 billion in volume.  She ran a successful Real Estate club in Huntington Beach from 2002 to 2006.  She and her husband, Michael, have personally invested in a variety of real estate backed investments including single family, multi-family, office, land development, reg D syndications and non-performing notes in several states.  

Investing in real estate gave Kathleen the financial liberty to take a sabbatical from her Real Estate and Mortgage Brokerage business for the last two years.  She spent the time rehabbing her house in Huntington Beach, travelling, homeschooling her daughter, caring for the older generation and planning what is ‘next’.  

Kathleen earned a degree in Business Economics from University of California at Santa Barbara in 1990.  Besides being a licensed CA Broker, she holds certifications in Commercial Real Estate, Private Lending and Mortgage Planning.  She is a regular speaker at the Orange County Real Estate Investor Association, providing monthly macro-economic and local Real Estate market updates.  She enjoys leading a Girl Scout Troop, teaching classes on real estate due diligence, and coaching her clients on moving up from single family to multi-family investing.  

Bruce and Kathleen talk about the real estate market and how they think it is holding up and how it will help the economy going forward in a post pandemic world.

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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Florida builder Craig Evans of Douglas Brooke Homes

 Bruce Norris is joined by Craig Evans.  CRAIG EVANS, the owner of Douglas Brooke Homes, is a licensed Building Contractor in the State of Florida with nearly 30 years of construction experience including: Residential, Commercial and Municipal. A third generation builder, he has worked front line activities through management as a subcontractor, laborer, foreman, superintendent, project manager, midlevel manager, and executive management, truly learning the business from the ground up. Craig has successfully grown multiple companies into quality brands by focusing on adding value to every facet of the project and not letting details go unnoticed.

Bruce and Craig talk about block construction in Florida.  Florida building code and how he got started in the business.

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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Bruce and Aaron part 2. So Bruce is in Florida, now what? A lot!

 Bruce is joined by Aaron Norris.  Aaron is VP of Market Insights for PropertyRadar where he tackles insights into public records data to help Main Street small businesses disrupt disruptors. Starting July 2020, he’ll be co-hosting the Data-Driven Real Estate Podcast for PropertyRadar. You can catch Aaron speaking and writing nationally on topics such as technology and its impacts on real estate (accessory dwelling units, 3D printing, robotics, artificial intelligence, zero interface XR, shared economy, fintech, etc.). You’ll also catch his contributions on Forbes, BiggerPockets, and ThinkRealty Magazine to name a few.

He’s been in the hard money lending family business, The Norris Group, for over 15 years. There he created many award-winning resources for investors merging timing and strategy with his “Pops,” Bruce Norris. He’s a mortgage broker and California real estate broker.

Bruce and Aaron get into the nuts and bolts of the future of The Norris Group after what was almost the most devastating thing ever to happen to The Norris Group.

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.

This is our weekly radio broadcast. We recorded the show last week and will be featuring him on the radio show starting today. You can view the transcription and full broadcast here

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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Radio Show

Is investing in Florida right for everyone? Bruce and Aaron discuss the new dynamic at TNG

 Bruce is joined by Aaron Norris.  Aaron is VP of Market Insights for PropertyRadar where he tackles insights into public records data to help Main Street small businesses disrupt disruptors. Starting July 2020, he'll be co-hosting the Data-Driven Real Estate Podcast for PropertyRadar. You can catch Aaron speaking and writing nationally on topics such as technology and its impacts on real estate (accessory dwelling units, 3D printing, robotics, artificial intelligence, zero interface XR, shared economy, fintech, etc.). You'll also catch his contributions on Forbes, BiggerPockets, and ThinkRealty Magazine to name a few.

He's been in the hard money lending family business, The Norris Group, for over 15 years. There he created many award-winning resources for investors merging timing and strategy with his "Pops," Bruce Norris. He's a mortgage broker and California real estate broker.

Bruce and Aaron talk about The Norris Group's new dynamic in the office.  Bruce's move to Florida and if investing in Florida is right for everyone.  

This is our weekly radio broadcast. We recorded the show last week and will be featuring him on the radio show starting today. You can view the transcription and full broadcast here

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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Interest Rates, Forecasting & Modern Monetary Theory: Doug Duncan of Fannie Mae with Bruce Norris

This week's guest is Doug Duncan.  Doug is Senior Vice President and Chief Economist at Fannie Mae where he is responsible for forecasts and analyses of the economy and the housing and mortgage markets. Duncan heads strategic research regarding the potential impact of external factors on the housing industry. He leads the House Price Forecast Working Group reporting to the Finance Committee. See full video and resources.

Bruce and Doug will discuss Modern Monetary Theory, interest rates and what will the lasting changes that COVID-19 will have on Americans and the housing market.

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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Recession? Doug Duncan of Fannie Mae with Bruce Norris #703

Bruce Norris is joined this week by Doug Duncan.  Doug is the Chief Economist at Fannie Mae.  He is responsible for managing Fannie Mae’s Strategy Division and Economics & Mortgage Market Analysis Groups. In this leadership role, Duncan provides all economic, housing, and mortgage market forecasts and analyses, and serves as company’s thought leader and spokesperson on economic and mortgage market issues. See full video and resources

Bruce and Doug will discuss the economy and how the Corona-virus has, is and will continue to impact Americans.  Are we in a recession and what kind of recovery will we have?  V shape, W, Square root?  Nike Swoosh?  Don’t miss this week’s 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: How Will It Impact the Industry with Jim Brown #702

Bruce Norris is joined this week by Jim Brown.  Jim is the owner of Keller Williams Corona and has been involved in real estate for over 30 years.  He got his start in 1983 when he began working with land development. Since then he has worked with listing homes in the Corona area as well as continuing his work in land development with large lots subdivided for new tracts.  In addition to land development and residential resales, Jim also specializes in short sales and bank-owned properties. See full video and resources

Bruce and Jim will discuss their new KW command, what has impacted him the most as a retailer broker, how buyers are making decisions, how COVID-19 could change the industry, what he sees in real estate that could be concerning, 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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Buyer and Seller Moods in 2020 with Jim Brown #701

Bruce Norris is joined this week by Jim Brown.  Jim is the owner of Keller Williams Corona and has been involved in real estate for over 30 years.  He got his start in 1983 when he began working with land development. Since then he has worked with listing homes in the Corona area as well as continuing his work in land development with large lots subdivided for new tracts.  In addition to land development and residential resales, Jim also specializes in short sales and bank-owned properties. See full video and resources

Bruce and Jim will discuss how he has been a successful player in the space for many years in a dominant franchise, how well his business performed this year compared to last year, the mood of both the buyers and sellers, how people feel about foreclosures, Riverside sellers and whether they are staying or leaving, 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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Robots and Automation with Erik Hernandez #700

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 discuss whether California could be seeing more out-migration, robots and automation and whether factories could see an increase here, real estate discounts and how Erik sees this working out, overseas manufacturing being brought to the U.S., the amount of money being passed now compared to the Great Recession, 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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