The Real Estate Espresso Podcast

The DOJ accused RealPage in August of 2024 of facilitating unlawful price-fixing and rent inflation by using competitively sensitive, nonpublic data from multiple landlords to generate rent recommendations, effectively aligning pricing across competing properties.  Anti-trust behavior, also known as anti-competitive conduct, refers to business practices that substantially lessen competition in the...

The Surfside condo collapse in 2021 precipated a number of changes to Florida's condo laws. The result has been a massive negative impact on condos across the entire state. The latest change to the regulations improves the outlook by allowing home owner associations to fund part of their reserve funds using loans and lines of credit. Previously these reserves had to be funded in cash by the un...

We have become accustomed to hearing about legislative changes that advance tenant rights and make it more and more difficult for property owners to protect their properties and indeed run a profitable business. There is nothing that compels investors to make losing investments. If made sufficiently unattractive, investors simply won’t invest and the country will experience an acute shortage of ho...

On today’s show we are looking at the compressibility of construction schedules. We often hear that projects will take longer and there are all kinds of reasons why they legitimately need to take longer.  It’s a large site and the site work will take a long time. The utilities are not available. The city infrastructure isn’t ready. We can’t find enough labor. The excuses are abundant.  As develope...

Allison Kierman is based in Scottsdale Arizona where she specializes in estate planning for business owners and high net worth families. On today's show we are talking about some of the pitfalls that can occur when this sometimes painful topic is ignored. To connect with Allison you can call 480-719-7333 or visit kiermanlaw.com ------------- **Real Estate Espresso Podcast:**  Spotify: [The Rea...

Anthony Scavo is based in Westchester NY where he invests in small bay industrial across the US. The company has amassed 5 million square feet since 2021 and in on an aggressive growth trajectory. You can reach Anthony at basisindustrial.com or email him directly at anthony@basisindustrial.com. ------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://op...

In real estate, most operational mistakes are not the result of bad intentions. They are the result of assumptions. You believe the tenant will know where to park, how to receive packages, how to operate the thermostat, or how to submit a maintenance request. You assume your team will know how to prepare the unit, confirm utilities, or walk a resident through the lease. But assumptions are the ene...

On today’s show we are talking about the impact of artificial intelligence on the design of apartment buildings. The most obvious medium term impact of AI is going to be on the automotive industry. Some people prefer to drive by car because they don’t want the experience of public transit. It’s noisy, it’s crowded. You can’t have a private phone conversation on a bus or on the subway. The bus does...

Sometimes in life you have amazing foresight and insight. And then other times you’re just lucky. This is one of those cases where we are just lucky. I’ll gratefully accept luck when it happens to benefit us. In fact we have no choice. We have have to accept unlucky bounces as well.  This week there was an announcement of a major new nuclear power installation for Brigham City Utah. This suburb of...

On today’s show we are taking a look at the benefits of working in an office environment versus remote work.  Back in 2019 average commute times in major cities had reached a peak. For example average commute times in San Francisco were 33 minutes. During the pandemic, that fell to 25 minutes. But in truth, since many were not commuting at all, the commute times for people working from home went t...

Today's question comes from Zane in Georgia who asks: I was hoping to get a professional opinion or suggestion on how I should approach an issue with a small town council who won't update utilities and a seller who wants a premium price for their land but cannot get it because of utilities being maxed out. I am a residential and small multi investor and my knowledge of selling land for dev...

Joel Landon is with Heritage IRA, based in Salt Lake City. On today's show we are breaking down the different types of retirement accounts and why you would choose one over another. To connect with Joel, visit heritageira.com or email him directly at joel@heritageira.com. ------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show...

Mike Zlotnik is based in New York City and he invests in multiple asset classes across the mid-western part of the United States. On today's show we are talking about how the investment thesis has changed over the past few years with a renewed emphasis on safety and cash flow. To connect with Mike, visit https://bigmikefund.com/ where you can find both his podcast and his corporate site. -----...

Coming to you live from Tulum Mexico where we have just wrapped up our Build to Scale Mastermind. This is our annual event, held roughly at the same time each year. We choose this time because it is a chance to start planning for the next calendar year before the start of the next year.  Unlike past years, this year focused on more than just goal setting. We still did spend considerable time on go...

On today’s show we are looking at what I consider to be one of the most ridiculous market forecasts from what should be a respectable institution. The IEA which is based in Paris issued an updated demand model in the run up to the UN’s annual climate change talks, this year scheduled to take place in Brazil.  I believe it is important to understand energy markets, even as a real estate investor. I...

The latest announcement from the White House is a proposed 50 year amortization loan in order to improve home ownership affordability.  This proposal is naturally met with criticism from all sides. The obvious advantage is that the principal portion of the monthly loan payment can be spread over a longer time period and thereby reduce the size of the loan payment.  The purists will argue that the...

On today’s show we are talking about the investor mindset. A few years back I wrote the book Magnetic Capital. That book was written based on observations that I had made when I was raising capital in the tech industry. Then when I made a left turn in my career in 2009 and moved into the world of real estate investing, I used my own funds until I ran out, and then raised funds. In doing so I re-le...

On today's show we are talking about Assisted Living and the number one mistake that investors (large and small) make when it comes to investing in senior housing. ------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1 )    iTunes: [The Real Estate Espresso Podcast]( https://podcasts...

Bronson Hill is based in Pasadena where he runs Bronson Capital. He lives a short distance from the Altadena fire and the Pallisades fire that devastated nearly 20,000 structures last year. On today's show we are talking about using modular construction to accelerate the rebuilding process. To connect with Bronson and to learn more, text the word "Inflation" to 33777. ------------- *...

Mauricio Rauld is based in Southern California and is the founder of Premier Law Group which he recently sold. Our team is continuing to work with the Premier Law Group as our securities lawyers. On today's show we're talking about a few of the upcoming changes to securities regulations. To connect with Mauricio, goto askmauricio.com or check out his youtube channel at http://www.youtube.c...

On today’s show we are talking about a recently published market report on industrial from Cushman and Wakefield The U.S. industrial market continued to demonstrate strength and balance in the third quarter of 2025, showing clear signs of stabilization after two years of turbulence. Despite macroeconomic headwinds—from moderating consumer demand to policy uncertainty and tariffs—industrial real es...

On today’s show we are talking about negotiating with a lender. We have a loan application in process that has taken much longer to finalize than promised.  It often happens that a project has complexity associated with it. The lender puts the data room into underwriting and what comes out the other end often is surprising. Surprises at this stage are usually not good surprises. The terms at closi...

Most countries have a value added tax of some kind that is computed on consumption of goods and services. For example, European countries have extremely high VAT typically ranging from about 17% to 27% depending on the country, with most EU member states using standard rates between 19% and 25%. For example, Germany applies a standard rate of 19%, France 20%, Italy 22%, and Hungary 27% (the highes...

Can you tell me whether the data contained in your business systems is compliant with the US Cloud Act, Canada’s law Personal Information Protection and Electronic Documents Act, or the European Union GDPR? I expect that most people would claim complete ignorance of the rules, let alone have any idea whether they are in compliance or not.  There is no way you are going to check whether a cloud hos...

On today’s show we are looking at some of the changes happening in the global monetary system that I believe  are being largely misunderstood.  The Genius Act is enabling the US the extend its reach internationally which could have the effect of strengthening the US position as the world reserve currency.  Think about the demand for dollars or any stable currency if you live in a country that has...