COVID-19: AB 828 Paul Herrera #692

Aaron and Bruce Norris are joined again this week by Paul Herrera. Paul is the Government Affairs Director for the Inland Valley Association of Realtors. Paul serves as an advocate for realtors on local issues, helping to preserve and protect property rights and the value of homeownership. His unique experience includes an award-winning journalism career with newspapers in Florida and California. He covered real estate, small business, the aviation business, and the confluence of government policy, politics, and business. 

Paul will be answering their questions and giving his update on the coronavirus and, specifically, AB828, what it is, areas of concern, where it currently stands, the ecosystem of how the money would flow, where people can go to get more information on this, and much more on the real estate radio show and video.   

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.

Resources:

The Norris Group Resources
Coronavirus (COVID-19) Updates
EDD.gov

AB-828 Temporary moratorium on foreclosures and unlawful detainer actions: coronavirus (COVID-19)
California Apartment Association

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COVID-19: Updates Per County #691

This week's radio show and video guests are people from all over the real estate industry sharing what is happening in particular cities.  Featured are Kaaren Hall of uDirect IRA, Amanda Han and Matthew MacFarland of Keystone CPA, Iris Veneracion of InvestClub, Derek Harms of NSDREI, Lenksa Bracknell of SDCIA, Lisa Hoegler of LA South REIA, Christina Suter of Pasadena FIBI, Paul Herrera of IVAR, Kathleen Kramer of OCREIA, and David Granzella of NorcalREIA.. 

This week's radio show features experts from all over California, many who have known and supported Bruce and Aaron Norris for many years, to give us an update on the virus in the different areas of California.  They will be discussing everything from what is going on in the different cities, EIDL loans and the PPP program, tax law changes and deadlines, the latest unemployment numbers, what programs are available under a self-directed IRA, Prop 13, GDP, 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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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.


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Covid-19 Tax and Financial Aid for Real Estate with UPDATED INFORMATION #689

This week's radio show and video guests are Amanda Han and Matthew MacFarland of Keystone CPA alongside Bruce and Aaron Norris. Today, they will discuss tax impacts, SBA loans, California resources, and much more.  

Matt and Amanda will be answering some of Bruce and Aaron's questions regarding primarily the stimulus package, what is in it for the real estate community, how they are handling CPAs at this time, and other factors related to the coronavirus.  Bruce and Aaron will also be answering their subscribers' questions and giving us an update on COVID-19.   

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 for Real Esate: Impacts, opportunties, and America with Bruce and Aaron Norris #688

This week's radio show and video guests today and for the next few weeks are The Norris Group's very own Bruce and Aaron Norris.  Some of their VIP subscribers are with them today as they tape the radio show. They will be giving us an update on what is happening in the world with COVID-19 as well as answering their subscribers' questions. 

In this segment, they discuss what you can be doing to help during this time, how you can make things easier for people and work together as we get through this, what resources are available and where to find them, what we should expect over the next two months, what businesses are doing to help, what opportunities are still available, and 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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Radio Show

Coronavirus Update With Bruce and Aaron Norris #687

This week's radio show guests are The Norris Group's very own Bruce and Aaron Norris.  Some of their VIP subscribers are with them today as they tape the radio show. For the foreseeable future, they will likely give a presentation with an update of what is going on. 

In this segment, they give us an update and where they see things going in today's economy, where they see rents and rentals going, how coronavirus could affect the different assets, but also some encouraging news they are also seeing happen and what we can do to help each other out during this time.

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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The Coronavirus and the World Economy With Raoul Pal #686

Bruce Norris is joined this week by Raoul Pal. In the early 90s, Raoul worked at Goldman and Sachs, where he co-managed the hedge fund sales business and equities and equity derivatives in Europe. He then co-managed the GLG Global Macro Fund in London for GLG Partners, one of the world's largest hedge funds. He retired from managing client money at age 34 in 2004, and since then he has founded Real Vision TV, the world's first On-Demand TV channel for finance. Raoul has been publishing global macro investors since 2005 to provide original, high quality, quantifiable and easy readable research for the Global Macro Investment Community. 

This is a very special segment in which they discuss the coronavirus and its impact he could see it having on the global economy, where he sees Bitcoin playing a role, his job as a global macro investor, how he reaches his conclusions on matters, his tv program where he covers statistics and numbers, people's reaction to the Fed lowering rates, and much more all 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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Mentorship With John Stephenson #685

Bruce and Aaron Norris are joined this week by John Stephenson. John is an entrepreneur, business owner, real estate investor, a personal competitor of his, and a friend for a very long time. What John does not realize is that he has often been the inspiration for Bruce to reach beyond what he had envisioned for his own life. 

In this segment, they discuss the market and when it began to show improvement, his typical tenants, his goals growing up and what drove him to achieve these, how often people ask Bruce to mentor him, what he tells people struggling with the motivation to start, and much more all 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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Private Local Investing With John Stephenson #684

Bruce and Aaron Norris are joined this week by John Stephenson. John is an entrepreneur, business owner, real estate investor, a personal competitor of his, and a friend for a very long time. What John does not realize is that he has often been the inspiration for Bruce to reach beyond what he had envisioned for his own life. 

In this segment, they discuss what inspired him to be an entrepreneur, his first jobs before going into investing, how he inspired Bruce to go into real estate, his favorite business mentor who inspired him, the industrial sector he works in and what it was like in 2000 when he acquired his first property, how rent has changed since then, and much more all 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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CES and Home Preferences With Rose Quint #683

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 A, D & C financing issues. 

In this segment, they discuss the recent Consumer Electronics Show, what preferences people have when it comes to the type of house they want and features in it, what her job entails in A D and C financing, the reason for the decrease in the sizes of single-family homes the last four years, builder trends and whether it is easy to find builders, the American Living Award and what determines who earns it, and much more all 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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Riverside Opportunity Zone with Aaron Mazzrillo #682

Aaron Norris is joined this week by one who shares his name: Aaron Mazzrillo. He is an entrepreneur, a real estate investor, and a marketer. He also comes at this from a different angle than some people do. 

In this segment, they discuss the different ways he has marketed, his favorite platform for marketing, the new black swan in real estate, what he believes makes someone a good wholesaler, Riverside opportunity zones, how he took advantage of available real estate in the area, his thoughts on ADUs, the new ADU law that went into effect, and much more all 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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Local Real Estate Expertise with Aaron Mazzrillo #681

Aaron Norris is joined this week by one who shares his name: Aaron Mazzrillo. He is an entrepreneur, a real estate investor, and a marketer. He also comes at this from a different angle than some people do. 

In this segment, they discuss what local investors are doing to make the business work, how he ended up in the real estate field, what led him to make the move to California, when he started buying in Riverside, his worst experience with a lot split, the most challenging time for the Norris Group, the newest iBuyer model some companies are already starting to utilize, and much more all 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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The Florida Concept with Bruce Norris, Aaron Norris, and Craig Hill #680

Bruce Norris is joined this week by The Norris Group's very own Aaron Norris and Craig Hill to discuss their new concept. 

In this segment, they discuss hard money and how it is different today than 25 years ago, their new concept, what parties are involved, why they have chosen to do it, the Florida market, how Florida stands out from other markets, their Saturday event Turmoil, and much more all 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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ADUs and the TIC Model with Dossier Capital #679

Aaron Norris of the Norris Group continues his discussion on accessory dwelling units with Dossier Capital. Joining him are Michael Delacruz, Dennis Battung and Michael Randall. A little over a year ago, a year from last September, they were very instrumental in helping write an accessory dwelling unit chapter as they rolled out hard money funding for investors doing this via flips, holds and even secondary units on rentals already purchased. Aaron followed with people he had worked with on this, including Kristi Cirtwell, and he looked at Dossier Capital's properties this summer. This interview is a follow-up to what they have done and if they still love ADUs. 

In this segment, Aaron discusses with the three of them how they first got started in the business, whether it was hard for them when they first started with the times, the response from the cities and their buyers regarding their projects, their approach to designing ADUs, SB 13 and how this will benefit both homeowners and investors, the TIC model for ADUs, and much more all 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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Loan Programs and the Lending World With Cary Pearce #678

Bruce Norris and Aaron are joined this week by Cary Pearce. He is the branch manager and senior loan manager for Flagstar Bank. He has over 25 years in the lending business, and Bruce has known Cary for just about as long as he's been in the business. 

In this segment, Bruce, Aaron, and Cary will discuss how long he has been in the industry, the market during the downturn, what the credit expectation was during this time, what programs he could see re-implemented today that were aggressive then, changes to Fannie Mae that will be a game-changer next year, the ratio of refis to purchase loans, the lending business and whether it is more competitive now, and much more all 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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