ARCHIVED BLOG POSTS

2009 

Bruce Norris is joined this week once again by appraiser and investor, Rick Solis. Bruce and Rick start by talking about market value. Rick says market value is what a ready, willing, able, and knowledgeable buyer is willing to pay for a property. Bruce asks if this definition is being held up wi...
01/21/2009
Bruce Norris is joined this week by appraiser and investor, Rick Solis. Rick has been appraising properties since 1989. Rick says it was a perfect time to start because he got to see both cycles. In 1989, you didn’t even need a license. Education, Rick says, has not improved appraisals. Bruce tal...
01/21/2009
Bruce Norris is joined once again by Craig Hill (hard money loan officer at The Norris Group) and Greg Norris (full-time property buyer for The Norris Group. Bruce asks Craig about calls from first time investors purchasing homes with structural damage and mold. Craig says he steers newer investo...
01/21/2009
Bruce Norris is joined this week by the loan officer for the Norris Group, Craig Hill, and the full-time property buyer for the Norris Group, Greg Norris. Bruce asks Craig about how long he's been in the hard money loan business and who the typical borrower was when he first started. Craig talks ...
01/21/2009
Bruce Norris is joined this week by the Senior Resident Fellow of Finance for the Urban Land Institute, Stephen Blank. Bruce asked about the ULI Emerging Trends report and how long it’s been around. Stephen says it’s been around for 30 years and has always been national in scope. The report has g...
01/21/2009
Bruce Norris is joined once again by Paul Earnhart (Founding Principle) and Erik Hernandez (Senior Vice President) of Lee and Associates in Ontario, CA. Bruce asks Paul how this downturn compares to downturns he’s seen before. He says this one is broader compared to the 90s. In the 90s there was ...
01/21/2009
Bruce Norris is joined this week by Paul Earnhart (Founding Principle) and Erik Hernandez (Senior Vice President) of Lee and Associates in Ontario, CA. Lee and Associates specializes in industrial commercial real estate. Bruce asks when the commercial real estate market peaked. Paul said the peak...
01/21/2009
Bruce Norris is joined this week by chief economist of First American Corelogic, Mark Fleming. First American CoreLogic, Inc. is the nation’s largest provider of advanced property and ownership information, analytics, and solutions. Mark starts by explaining what Corelogic’s Core Risk Monitor is ...
01/21/2009
Bruce Norris is joined once again by Inland Empire Economist and Specialist John Husing. Bruce Norris mentions that The Norris Group is now ready to start purchasing properties with the intent to hold them as rentals. Bruce says we’re buying at 28% of what the lender was owed. 4 Ways to Listen Cl...
01/21/2009
Bruce Norris is joined this week by Inland Empire Economist Dr. John Husing. Bruce asks John if we’re facing the biggest mess he’s ever seen since he’s been an economist. John says it’s the worst mess he’s seen in his life. John talks about how we got here. In 2004 the real estate market detached...
01/21/2009
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Aaron Norris, MBA, APR

Hard money lending and real estate investments.
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