Quantitative Easing and Tightening With Richard Duncan #640

Bruce Norris is joined this week by Richard Duncan. Richard is the author of three books on the global economic crisis including the international bestseller The Dollar Crisis: Causes, Consequences, and Cures, which forecasts the economic crisis of 2008 with extraordinary accuracy. Since beginning his career as an equity analyst in Hong Kong in 1986, Richard has served as Global Head of Investment Strategy at ABN AMRO Asset Management in London. He worked as a financial sector specialist for the World Bank in Washington D.C. and headed equity research departments for James Capel securities and Solomon broker brothers in Bangkok. He also worked as a consultant for the IMF in Thailand during the Asia crisis. He is now the publisher of a video newsletter Macrowatch, which can be found on his web site. www.richardduncanceconomics.com. I recommend this web site. He has offered our our listeners a 50% discount coupon if you get to his web site. The word to use for the discount is river. You'll find out in the next 50 minutes why he recommends it.

Bruce and Richard will discuss the U.S. economy, what is it's main driver, quantitative easing and quantitative tightening, interest rates and what could lead the Fed to raise them again, whether it is their job to protect asset prices, demographics and the inflation cycle, and much, much 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.


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Smart Cities With Dr. Jonathan Reichental #639

Aaron Norris is joined again this week by Dr. Jonathan Reichental.  Heis a multiple award-winning technology leader whose 30-year career has spanned both the private and public sectors. In 2017, Dr. Reichental was named a top 100 CIO in the world and in 2016 was named one of the top 20 most influential CIO’s in the United States. He is recognized as a global thought leader on a number of emerging trends including urban innovation and blockchain technology. In 2013 he was recognized as one of the 25 doers, dreamers, and drivers in government in America. His innovative work in government has also been recognized by the White House. Works with his teams to apply technology innovation in organizations to create new value and to enable work to be more meaningful and fun.

Aaron and Dr. Reichental will discuss smart cities, at-risk industries, economic and demographic trends, how the U.S. compares to other countries, LinkedIn and how they could change our current education model, and much, much 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.


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Industry 4.0 With Dr. Jonathan Reichental #638

Aaron Norris is joined this week by Dr. Jonathan Reichental.  Heis a multiple award-winning technology leader whose 30-year career has spanned both the private and public sectors. In 2017, Dr. Reichental was named a top 100 CIO in the world and in 2016 was named one of the top 20 most influential CIO’s in the United States. He is recognized as a global thought leader on a number of emerging trends including urban innovation and blockchain technology. In 2013 he was recognized as one of the 25 doers, dreamers, and drivers in government in America. His innovative work in government has also been recognized by the White House. Works with his teams to apply technology innovation in organizations to create new value and to enable work to be more meaningful and fun.

Aaron and Dr. Reichental will discuss his learning course Foundations of the Fourth Industrial Revolution, or Industry 4.0, what it is about, what technologies it encompasses, how the changes in technology could change urban development and real estate, urban and suburban and whether their definition is changing, education and how it has remained the same over the years and catered to different audiences, and much, much more.

He is also an adjunct professor at several universities including the University of San Francisco as well as a popular writer and educator producing several highly successful online courses with LinkedIn Learning. He co-authored The Apps Challenge Playbook, and he is a frequent public speaker on a wide range of technology and business-related topics. Co-hosts the popular podcast, Drinking Wine Talking Tech.

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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Centriq App Part 2 With James Sheppard #637

Aaron Norris is joined again this week by James Sheppard.  James is the co-founder and CEO of Centriq. The goal of Centriq is to simplify life for homeowners. One of the reasons Aaron contacted him a few years ago when he was on their YouTube channel was he did not think it was cool just for homeowners, but also from the real estate investor perspective. He is a two-time entrepreneur who has brought ideas to life in both the physical and digital world. In building Centriq, he is drawing from his experience in commercial real estate development, building large mixed-use projects in Vancouver, Canada as well as an infrastructure management business where he helped large utilities where cities optimize the performance of their physical investments. Prior to Centriq, James was VP of Strategy Innovation at Sales Force. His system reminds Aaron of a customer relations management system for your house.

Today, they continue their video presentation, which you can check out on YouTube, Facebook, or LinkedIn. Last week they ended by talking about recalled devices, and today James began by showing an example. Together, they discuss more about the app, devices that were recalled and why, what other companies like Lowes are doing with technology, how long it will be free and the cost of the professional version, what their goal is when it comes to the amount of time users utilize the app for their utilities, where service providers will come into play in the future, and much, much 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.


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Centriq App With James Sheppard #636

Aaron Norris is joined this week by James Sheppard.  Today will be a little bit different as at the beginning of the year the Norris Group went completely digital.  They are not just doing a radio show since most of their listeners are completely online all across the country.  Today they will be adding a video piece.  While they will try to explain everything going on, you will want to go over to YouTube, Facebook, or LinekedIn and check out the video.

James is CEO and co-founder of Centriq where he’s on a mission to simplify the life of homeowners. He is a two-time entrepreneur who has brought ideas to life in both the physical and digital worlds. In building Centriq, James is drawing from his experience in commercial real estate development, building large mixed-use projects in Vancouver, Canada, as well as in the infrastructure asset management business where he helped large utilities and cities optimize the performance of their physical investments. With Centriq, he's making those best practices accessible for residential property owners.

James and Aaron will discuss Centriq's app and how they make the process for replacing parts easier for homeowners, the main goal of Centriq and how he first came up with the idea, how their recall list works and if the person is immediately notified, what they are doing for the builder community, the consumer experience and where they are going from here, 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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Robotics and Real Estate With Aaron Norris #635

Bruce Norris is joined this week by his son Aaron Norris. His role with The Norris Group includes loan officer, office manager, and business development. Aaron has been in the real estate field for over a decade, having worked in the construction and design industry before joining The Norris Group in 2005. He speaks nationally on topics including technology and real estate, artificial intelligence, robotics, shared economy, virtual reality, and intech as well as marketing and PR trends. He has contributed to Forbes, BiggerPockets.com, and ThinkRealty magazine. He has an MBA from UC Irvine and is a credited public relations professional and APR. He also holds his certified specialist in planned giving CPST designation.

Bruce and Aaron will discuss his different designations and why he chose to pursue them, the weight of a business's reputation on clients, the different tradeshows he attended and what he learned the most from them, the investing they are doing in Florida, 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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Investing and Self-Storage With Hunter Thompson #634

Bruce Norris is joined this week by Hunter Thompson.  He is a full-time real estate investor and founder of Cash Flow Connections.  Since starting CFC, Hunter has helped investors out to allocate capital to over 100 properties, which have a combined asset value of over $350 million.  His experience includes investments in self-storage facilities, residential mortgage notes, mobile home park, single-family acquisitions, hard money loans, office buildings, and multi-family real estate syndications.  In connection with these investments, he has worked with some of the most experienced and well-respected asset teams across the U.S. and Canada.

Bruce and Hunter will discuss how he got started in real estate at such a young age, his model to go left when others go right, how he looked for opportunities in the real estate market, the European debt crisis, the position in the marketplace where he was heavily drawn, the first product type he funded and how it has changed, self-storage, mom and pop versus best in class, and much more on the real estate radio show.

If you want more information, you can visit his website at www.cashflowconnections.com. If you are interested in the self-storage business, send him an email at info@cashflowconnections.com and he can send you a free e-book.

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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2019 New Home Construction and Trends With Rose Quint #633

Aaron Norris is joined this week by Rose Quint. She is the Assistant Vice President for Survey Research with the National Association of Home Builders. She holds a B.S. in Economics and International Business from Old Dominion University as well as a Master’s degree in Economics from Virginia Polytechnic Institute and State University. Her responsibilities over NAHB include planning and conducting industry surveys, specifically in the areas of builder sentiment, remodeling, housing affordability, and AD &C financing issues. Quint is also responsible for special research projects.

Aaron and Rose will discuss why she chose to work in the building industry, reasons there are not as many smaller, affordable homes being built, what new homes in 2019 will likely feature, trends that are surprising her as well as new ones she sees on the horizon, features home buyers want to see in their homes, whether or not millennials still want to own a home, energy-efficient features and whether people are willing to pay for them, 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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Rent Control and the Apartment Market With Kris German #632

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.

Bruce discusses with Kris the apartment market, how long he has worked in it, the value of apartments and how they changed during the 2008-2010 housing crash, how far rents have gone up from the bottom of the market to today, what most changes the value of apartments, rent control, 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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Tax Laws and Tax Changes With Amanda Han and Matthew MacFarland #631

Bruce Norris is joined this week by Matt MacFarland and Amanda Han with Keystone CPA. Matt has over 20 years of experience in public accounting as a CPA and tax strategist. He has worked for both the Big 4 and regional CPA firms. Amanda has over 18 years of experience as a CPA with a special emphasis in real estate, self-directing investing, and individual tax-planning. Amanda has extensive Big 4 public accounting experience, and you can catch her book on BiggerPockets Tax Strategies for Savvy Real Estate Investors.

Bruce discusses with Matt and Amanda things that may surprise taxpayers, the ease of filing taxes, the percentage of clients who filed a standard tax deduction last year, property taxes on second residences, the alternative minimum tax, safer harbor rules, 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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Hard Money Loans With Bruce Norris, Aaron Norris, and Craig Hill #630

Featured on the real estate radio show this week is the Norris Group's very own Bruce Norris, Aaron Norris, and Craig Hill.

The three discuss the changes to their loan program, how people's views on lending were different when the Norris Group started compared to now, Bruce and Craig's meeting and how they first started working together, the thing that sets the Norris Group apart from other businesses, the California Crash report and why Bruce wrote it, how they designate someone who has had experience before making a loan, 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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Vacation Rentals with Iris Veneracion #629

Aaron Norris is joined this week by Iris Veneracion. Iris began her full-time real estate investing career back in 2003 when she quit her six-figure corporate job in mortgage finance. She has now purchased, wholesaled, and rehabbed, or sold over 200 properties in Southern California. She is the director of InvestClub, formerly known as InvestClub for Women. Last fall, she helped the Norris Group create a very beefy chapter on short-term rentals, which Aaron had been wanting to cover for a long time. She is now also a proud mom of two twin boys.

Aaron and Iris discuss vacation rentals and where she sees them going in the future, her philosophy regarding these rentals, the biggest mistakes and misconceptions investors who work in this space have, her rules when deciding what tenants to let stay, trends she sees coming in the future, and the main things a place needs to have to be a good place to stay for tenants.

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ADUs and Title 24 and 25 with John Arendsen #644

Aaron Norris is joined this week by John Arendsen. He is a licensed General Contractor and manufactured home contractor as well as a licensed real estate broker and manufactured home dealer. This week, Aaron is continuing his conversation around accessory dwelling units.

Aaron and John discuss ADUs, stick-built homes, and manufactured housing, their financing, how the law applies to multiplexes and how many understand it, cities that have banned short-term rentals or made it law to stay there to rent it out, the difference between the DMV and RVIA, the HOA and why they are tight-fisted about their policies, the timeframe for completing a manufactured home, and much more on the real estate radio show and podcast.

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 With John Arendsen #627

Aaron Norris is joined this week by John Arendsen. He is a licensed General Contractor and manufactured home contractor as well as a licensed real estate broker and manufactured home dealer.  He is CEO of On the Level and Crest Backyard Homes.  His family has been focused on all things manufactured housing and ADUs for some time now.  He is also the author of Backyard Homeguide, everything you need to know about building an accessory dwelling unit.

Aaron and John discuss manufactured housing and how he got involved in the space, manufactured homes compared to modulars, ADUs and why people would have one, ADUs and junior ADUs, SB 1226, and much more on the real estate radio show and podcast.

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Rent Increases and Migration with Jordan Levine #626

Bruce Norris is joined this week by Jordan Levine. Jordan is the Senior Economist at the California Association of Realtors. They are a statewide trade organization of real estate professionals with more than 190,000 members. Jordan started in the research and economics department of CAR in 2016. As Senior Economist at CAR, Jordan analyzes housing market conditions, macro-economic trends, and public policy issues through the use of external data from the public and private sector and survey researches conducted by CAR.

Bruce and Jordan discuss the real estate market in 2018, where we stand in terms of terms of housing affordability, median price, and how many can be homeowners, why he is optimistic about the market, misconceptions buyers have about financing and down payments, rent increases and whether this spurs buying activity or out-migration, the reason people are leaving California, things outside of real estate that concern him, and much more on the real estate radio show and podcast.

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