The Norris Group Real Estate Radio Show and Podcast

On Friday, October 16, the Norris Group proudly presents its 8th annual award-winning black-tie event I Survived Real Estate. An incredible lineup of industry experts will join Bruce Norris to discuss perplexing industry trends, head-scratching legislation, and opportunities emerging for real estate professionals. Proceeds from the event benefit Make a Wish and St. Jude Children’s Research Hospital. This event could not have been possible without the generous help of the following platinum partners: HousingWire, PropertyRadar, the Apartment Owners Association, the San Diego Creative Real Estate Investors Association, San Jose Real Estate Investors Association, InvestClub for Women, MVT Productions, Wilson Investment Properties, and White House Catering. For event information, visit isurvivedrealestate.com.  Bruce Norris is joined this week by Sean O’Toole. Sean is the founder and CEO of PropertyRadar. Prior to launching PropertyRadar, Sean successfully purchased and flipped more than 150 residential commercial foreclosures. Leveraging 15 years in the software industry, Sean used technology as a key competitive advantage to build his successful real estate track record. He has been using his skills ever since to really change the accessed information for the trustee sales business and now for everybody involved in any types of property. Bruce and Sean discuss how much the landscape has changed and the access to information, HELOC resetting, Sean's predictions of 2015 and how they have played out, the upward and downward swings in property sales, the search for yield, hedge fund participants, the floating municipal bond at corporate, and much, much more on this week's Norris Group real estate radio show and podcast.  The Norris Group would like to thank its gold sponsors for supporting I Survived Real Estate: Adrenaline Athletics, Capital City Wealth Builders, Coachella Valley Real Estate Investors, Association, Coldwell Banker Town and Country, Elite Auctions, iMortgage, In a Day Development, Inland Valley Association of Realtors, Jennifer Buys Houses, Keller Williams Corona, Keystone CPA, Las Brisas Escrow, LA SouthReia, Leivas Tax Wealth Management, North California Real Estate Investors Association, North San Diego Real Estate Investors, Pilot Limousine, Orange County FIBI, Real Wealth Network, Realty411 Magazine, Rick and LeeAnne Rossiter, Southern California Chapter of the Appraisal Institute, Sonoca Corporation, Spinnaker Loans, Tri-Counties Association of Realtors, uDirect IRA Services, Westin South Coast Plaza, FIBI Pasadena, and Scott Whaley. Play Now http://www.thenorrisgroup.com/

On Friday, October 16, the Norris Group proudly presents its 8th annual award-winning black-tie event I Survived Real Estate. An incredible lineup of industry experts will join Bruce Norris to discuss perplexing industry trends, head-scratching legislation, and opportunities emerging for real estate professionals. Proceeds from the event benefit Make a Wish and St. Jude Children’s Research Hospital. This event could not have been possible without the generous help of the following platinum partners: HousingWire, PropertyRadar, the Apartment Owners Association, the San Diego Creative Real Estate Investors Association, San Jose Real Estate Investors Association, InvestClub for Women, MVT Productions, Wilson Investment Properties, and White House Catering. For event information, visit isurvivedrealestate.com. Bruce Norris is joined this week by Christopher Thornberg. Dr. Thornberg is the founding partner of Beacon Economics, LLC and widely considered to be one of the nation’s leading economists. An expert in economic forecasting, regional economics, labor markets, economic policy, and industry and real estate analysis, he was one of the earliest and most adamant predictors of the sub-prime mortgage collapse and of the global economic recession that followed. In 2015, Dr. Thornberg was named California State Treasurer John Chiang’s council of economic advisors. He also serves on the advisory boards of Paulson and Company, Inc., one of Wall Street’s leading hedge funds and the Los Angeles area Chamber of Commerce, Southern California’s largest not-for-profit business federation. Recently he was appointed as executive director for the Center of Economic Forecasting and Economic Development at the UC Riverside School of Business Administration. The new center is hosting a major event called the Inland Southern California Economic Forecast Conference on October 1 at the Riverside Convention Center. Here he will be presenting a new forecast for the global and U.S. economy, which will also include a forecast for California and the Inland Regions of Southern California. Bruce and Christopher discuss forecasting and the difficulties facing it today, China's economy and its impact on the U.S., the correlation between China and Japan's economy in the 1980s, wealth discrepancy and minimum wage in the U.S., the growing inequality, education reform, the benefits of having a teacher in the classroom compared to online classes, and much, much more on this week's Norris Group real estate radio show and podcast. The Norris Group would like to thank its gold sponsors for supporting I Survived Real Estate: Adrenaline Athletics, Coachella Valley Real Estate Investors, Association, Coldwell Banker Town and Country, Elite Auctions, iMortgage, In a Day Development, Inland Valley Association of Realtors, IRA Services Trust Company, Jennifer Buys Houses, Keller Williams Corona, Keystone CPA, Las Brisas Escrow, LA SouthReia, Leivas Tax Wealth Management, New Western Acquisition, North California Real Estate Investors Association, North San Diego Real Estate Investors, Pilot Limousine, Orange County FIBI, Real Wealth Network, Realty411 Magazine, Rick and LeeAnne Rossiter, Southern California Chapter of the Appraisal Institute, Sonoca Corporation, Spinnaker Loans, Tri-Counties Association of Realtors, uDirect IRA Services, Westin South Coast Plaza, FIBI Pasadena, and Scott Whaley. Play Now http://www.thenorrisgroup.com/

On Friday, October 16, the Norris Group proudly presents its 8th annual award-winning black-tie event I Survived Real Estate. An incredible lineup of industry experts will join Bruce Norris to discuss perplexing industry trends, head-scratching legislation, and opportunities emerging for real estate professionals. Proceeds from the event benefit Make a Wish and St. Jude Children’s Research Hospital. This event could not have been possible without the generous help of the following platinum partners: HousingWire, PropertyRadar, the Apartment Owners Association, the San Diego Creative Real Estate Investors Association, San Jose Real Estate Investors Association, InvestClub for Women, MVT Productions, Wilson Investment Properties, and White House Catering. For event information, visit isurvivedrealestate.com.  Bruce Norris is joined this week by Eileen Reynolds. Eileen is the chairperson of the California Builders Industry Association. She has served in a variety of leadership positions at CBIA, including vice-chair in 2014, chair of the government affairs committee in 2013, and a member of the political action committee, executive committee, and board of directors. Reynolds as the land use and environmental lobbyist for the California Association of Realtors in the state capital. Her 19 years at CAR gave her an understanding of trade associations, development policy and politics. These are some of the strengths she brings to her leadership role at CBIA. Bruce and Eileen discuss the building industry, where we are at in regards to units built, societal issues and how new home buyers handle them, the lack of construction jobs, the drought, and much, much more on this week's Norris Group real estate radio show and podcast.  The Norris Group would like to thank its gold sponsors for supporting I Survived Real Estate: Adrenaline Athletics, Coachella Valley Real Estate Investors, Association, Coldwell Banker Town and Country, Elite Auctions, iMortgage, In a Day Development, Inland Valley Association of Realtors, IRA Services Trust Company, Jennifer Buys Houses, Keller Williams Corona, Keystone CPA, Las Brisas Escrow, LA SouthReia, Leivas Tax Wealth Management, New Western Acquisition, North California Real Estate Investors Association, North San Diego Real Estate Investors, Pilot Limousine, Orange County FIBI, Real Wealth Network, Realty411 Magazine, Rick and LeeAnne Rossiter, Southern California Chapter of the Appraisal Institute, Sonoca Corporation, Spinnaker Loans, Tri-Counties Association of Realtors, uDirect IRA Services, Westin South Coast Plaza, FIBI Pasadena, and Scott Whaley. Play Nowhttp://www.thenorrisgroup.com/

On Friday, October 16, the Norris Group proudly presents its 8th annual award-winning black-tie event I Survived Real Estate. An incredible lineup of industry experts will join Bruce Norris to discuss perplexing industry trends, head-scratching legislation, and opportunities emerging for real estate professionals. Proceeds from the event benefit Make a Wish and St. Jude Children’s Research Hospital. This event could not have been possible without the generous help of the following platinum partners: HousingWire, PropertyRadar, the Apartment Owners Association, the San Diego Creative Real Estate Investors Association, San Jose Real Estate Investors Association, InvestClub for Women, MVT Productions, Wilson Investment Properties, and White House Catering. For event information, visit isurvivedrealestate.com. Bruce Norris is joined this week by M. Lance Coyle. Mr. Coyle is the 2015 president of the Appraisal Institute. He will serve as immediate past president in 2016. He served this year as chair of the organization’s executive committee and chairs its policy setting board of directors. He has been involved in the real estate appraisal industry for 30 years and is a principal of Coyle Realty Advisors, a Dallas based real estate services firm engaged in investment property valuation, analysis research, and an expert in witness testimony and counseling. Bruce and Lance discuss the scope and membership of the Appraisal Institute, everything involved with the appraisal industry, changes in the appraisal process compared to ten years ago, market value, time valuation, de Minimis, collateral underwriting and its effect on the appraisal world, and much, much more on this week's Norris Group real estate radio show and podcast. The Norris Group would like to thank its gold sponsors for supporting I Survived Real Estate: Adrenaline Athletics, Coachella Valley Real Estate Investors, Association, Coldwell Banker Town and Country, Elite Auctions, iMortgage, In a Day Development, Inland Valley Association of Realtors, IRA Services Trust Company, Jennifer Buys Houses, Keller Williams Corona, Keystone CPA, Las Brisas Escrow, LA SouthReia, Leivas Tax Wealth Management, New Western Acquisition, North California Real Estate Investors Association, North San Diego Real Estate Investors, Pilot Limousine, Orange County FIBI, Real Wealth Network, Realty411 Magazine, Rick and LeeAnne Rossiter, Southern California Chapter of the Appraisal Institute, Sonoca Corporation, Spinnaker Loans, Tri-Counties Association of Realtors, uDirect IRA Services, Westin South Coast Plaza, FIBI Pasadena, and Scott Whaley. Play Now http://www.thenorrisgroup.com/

Bruce Norris is joined this week by Rick Sharga, executive vice president for Auction.com. Rick is the one of the country’s most frequently quoted sources on real estate, mortgage, and foreclosure trends. Rick joined Auction.com, the largest online real estate place, in 2013. Rick has appeared on the CBS evening news, NBC Nightly News, CNN, ABC World News, CNBC, Fox, Bloomberg, and NPR. He has briefed federal organizations such as the Federal Reserve and Senate Banking Committee as well as organizations like JPMorgan Chase, Citbank, and Deutsche Bank. Prior to joining Auction.com, Rick was an executive Vice President for Carrington Mortgage Holdings, which owns and operates multiple businesses in the mortgage, real estate, and securities industries. Prior to Carrington, Rick spent 8 years at RealtyTrac, where as senior vice president he was responsible for marketing, business development, and debt operations. Rick is a member of various industry organizations and is on the corporate board of governors of the National Association of Hispanic Real Estate Professionals. He is a member of the Five-Star National Mortgage Servicing Association. He serves on the editorial advisory board for default servicing news and was included in Inman News in the top 100. He was listed as one of the most influential leaders in real estate, both in 2013 and 2014. In his spare time he accomplished receiving a black belt in Tae Kwon Do, and he spends his spare time spending his lifelong quest to find the perfect wine to complement his baby back ribs. Bruce has also gotten into barbecuing and found it very relaxing. Bruce and Rick discuss Auction.com's beginnings, the challenge of having a for-sale property go to auction, commercial and residential markets, the foreign buyer's participation in the commercial market, creative financing, and much, much more on this week's Norris Group real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

Bruce Norris is joined again this week by David Greenberger. David has been a real estate attorney for over 25 years helping clients with thousands of transactions to buy, sell, refinance, and manage real estate. He owns an escrow firm and is president of the 1031 Exchange Advantage, Inc., a 1031 exchange accommodator. They facilitate tax-free exchanges under the IRS section 1031 code. He is familiar with many of the management, tax accounting, and transactional issues surrounding residential and investment real estate. Some of his clients include Prudential California, the larger broker in the United States, and Prudential Douglas Element in New York. David’s articles have appeared in the New York Real Estate Journal and Creative Real Estate Magazine. He has appeared on the cable television show Creative Real Estate Roundtable on numerous occasions. Bruce and David discuss 45 and 180 day timeframes to replace your property, the chances of files being audited, the need to express your intention to be an investor, improvement exchanges, reverse exchanges, and much, much more on this week's Norris Group real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

Bruce Norris is joined this week by David Greenberger. David has been a real estate attorney for over 25 years helping clients with thousands of transactions to buy, sell, refinance, and manage real estate. He owns an escrow firm and is president of the 1031 Exchange Advantage, Inc., a 1031 exchange accommodator. They facilitate tax-free exchanges under the IRS section 1031 code. He is familiar with many of the management, tax accounting, and transactional issues surrounding residential and investment real estate. Some of his clients include Prudential California, the larger broker in the United States, and Prudential Douglas Element in New York. David’s articles have appeared in the New York Real Estate Journal and Creative Real Estate Magazine. He has appeared on the cable television show Creative Real Estate Roundtable. Bruce and David discuss 1031 exchanges and the exchange law, real and personal property, the job of an accommodator, relinquished property, designation certified exchange specialists, and much, much more on this week's Norris Group real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

Bruce Norris is joined again this week by Erik Hernandez. Erik is the senior vice president and principal with Lee and Associates in Ontario. During his career he has worked individually and with a team of brokers within Lee & Associates where the team achieved regional and national recognition within Lee & Associates and real estate community for team success.  He has been involved in over $1 billion worth of commercial real estate transactions during his career.  He specialized in industrial real estate as well. Bruce and Erik discuss the difference between office and industrial space, the use of robotics and automation in industries, employment and the push for higher minimum wages, industrial and commercial real estate, the impact of foreign money, the SBA's relaxed rules, fixed and variable products, and much, much more on this week's Norris Group real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

Bruce Norris is joined this week by Erik Hernandez. Erik is the senior vice president and principal with Lee and Associates. During his career he has worked individually and with a team of brokers within Lee & Associates where the team achieved regional and national recognition within Lee & Associates and real estate community for team success.  He has been involved in over $1 billion worth of commercial real estate transactions during his career.  He specialized in industrial real estate as well. Bruce and Erik discuss how he is the sole contact for the commercial world, the pace of recovery in the commercial real estate world, the biggest fear of resets, things that have become active in the real estate world, and much, much more on this week's Norris Group real estate radio show and podcast.  A full transcription will be coming on Monday. Play Nohttp://www.thenorrisgroup.com/

Bruce Norris is joined again this week by Randy Grigg. Randy is an entrepreneur, business owner, property manager, buy and hold real estate investor, and author of The Carrot Approach to Single-Family House Management. Bruce and Randy discuss repairs he will do before renting a home, the change in society and its effect on tenants, millennials, Rent To Own versus For Rent, transitions in the auction business over the years, his new book The Twelve Minute Miracle, and much, much more on this week's Norris Group real estate radio show and podcast. Play Now http://www.thenorrisgroup.com/

Bruce Norris is joined this week by Randy Grigg.  Randy is an entrepreneur, business owner, property manager, buy and hold real estate investor, and author of The Carrot Approach to Single-Family House Management, which Bruce read twice.  Most of all, he is a friend. Bruce and Randy discuss Randy's career before real estate, his early mentors in the business, renting a property versus purchasing, the advantage of living in a community with a price point, lease-options, and much, much more on this week's Norris Group real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

Bruce Norris is joined this week by Greg Norris of the Norris Group. Greg is the president of TNG Auction. TNG buys properties at trustee sales, fixes, and resells them. Bruce and Greg discuss the Norris Group's trustee sale side of the business, the length of time it takes, appraising a property, the height of trustee sales, lockouts, the type of environment to create for a trustee sale, the low inventory in the market, progression of rationalization, properties that are avoided, the effect of staging, and much, much more on this week's Norris Group real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

Bruce Norris is joined again this week by Craig Hill of the Norris Group.  Craig is the person you will be talking to if you call for a loan at the Norris Group or have an interest in trust deed investments.  The topic on today’s show is investing in trust deeds. Bruce and Craig discuss the Norris Group's trust deed program, the types of borrows they will lend to, security in trust deeds, single-family residences as an asset, the position for trust deeds, broker and lender pools, their loan-to-value programs, their new 6.9% program, and much, much more on this week's Norris Group real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

Bruce Norris is joined this week by Craig Hill of the Norris Group. Craig is the gentleman you would be talking to if you were going to invest in trust deeds or borrowing money from the Norris Group. Bruce and Craig discuss the Norris Group's hard money program, how he got started in the business, HUD auctions, the beginning of the loan business at the end of the REO cycle, the 6.9% loan program, borrower misconceptions, and much, much more on this week's Norris Group real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/

Bruce Norris is joined this week by Nancy West. Nancy is one of four marketing and outreach specialists for the U.S. Department of Housing and Urban Development in the country. Nancy joined HUD in 2004 as an underwriter and accepted her current position in 2006. Nancy works out of the Santa Ana homeowner center, which services 8 Western United States, Guam, and the Mariana Islands. Nancy traveled extensively, providing information training updates and presentations on FHA programs as well as conducting regular ongoing webinars. Bruce and Nancy discuss the current lending environment and where we are headed, the FHA, first-time buyers and to whom the FHA will lend, FICO score requirements, the tax rebate program, homeownership percentages, and much, nuch more on this week's Norris Group real estate radio show and podcast. Play Nowhttp://www.thenorrisgroup.com/