The Real Estate Espresso Podcast

It is said that real estate investing is a mental game. But what does that really mean? It means having the discipline of investing and managing projects overcome your emotions. It’s been said that most decisions are made emotionally, and the logic to support the decision is then brought to the forefront to bring justify the emotional decision. On today’s show we are talking about deal momentum. L...

Warning. Today’s show contains a real life story that some listeners may find disturbing.  On today’s show we are talking about how to maximize your profit. Profit, simply calculated is revenue minus expenses. You can increase profit by increasing revenues or by reducing expenses. Often it is tempting to reduce expenses. When something needs to be done on a project you can hire an expert, whi...

Billy Keels is based in Barcelona, Spain, but invests in the USA. You can learn more about long distance investing from Billy at billykeels.com or at  keeponcashflow.com. He has a free e-book for our listeners at growyourmoneythesmartway.com.

Justin and Keisha Brooks are based in Kansas City where they own and operate assisted living assets, and multi-family. They are also hosts of the Real Life Real Equity Podcast. They can be reached at realliferealequity.com.

On today’s show we’re talking about professional tenants. These are the ones who present well during the screening process, who fabricate elaborate stories, and who encourage landlords to skip steps in their due diligence. Ultimately, the professional tenant has one goal, to squat in your property rent free for as long as the legal system will protect them. They use every trick in the book to dela...

On today’s show we are talking about the process of finding life balance, while living in several different time zones concurrently.  We have spent the past two weeks living on board a boat in Northern France, all the while working to repair things on board, maintain client meetings by phone, keeping in mind the time zone differences with home.  Everything seems to be a little off balanc...

On today’s show we’re talking about the lowest and best use of a property. Traditionally, we are trained as real estate investors to seek the highest and best use for a property. This might be a high rise building, or a hotel.  But sometimes, the best use is the one that buys you certainty. That may not necessarily maximize the revenue. Sure you want to build that hi-rise condo tower on the p...

It’s no secret that Italy is running out of cash. Much like in the US, some US states are in better shape than others financially. The US federal government has one extra trick up its sleeve. The feds can go to their friends at the federal Reserve and ask them to print more money. The individual states can’t do that. So they are under much greater pressure to live within their means.  In the...

On today’s show we’re talking about a debt bubble. There have been numerous debt bubbles over time. There was the sub-prime debt bubble. There’s clearly a sovereign debt bubble in many countries around the world including the US. There is arguably a debt bubble in automotive loans as the number of auto loan defaults in the US is skyrocketing. But we’re not going to talk about any of those. The deb...

AJ Osborne was paralyzed from head to toe and on life support. He used real estate to carry his family during those difficult times and today manages a portfolio of 14 storage facilities across several states. You can learn more by reaching out to AJ at cashflow2freedom.com.

This week we've been talking about golf courses and how the landscape is changing. Today's guest has owned and operated 36 holes for the past 19 years. Listen to today's conversation about what it means to own a golf course from someone who is deeply immersed in the business. You can also get in touch with Deb directly at Greensmere.com.

On today’s show we’re talking about what happens when a neighborhood goes downhill. As real estate developers we’re always thinking about improving things. But what happens when things go bad in a neighborhood, and quickly? When you hear something like, there goes the neighborhood, many people think that some undesirable people have moved in. That’s not what we’re talking about. People are people,...

Today is June 6, The 75th anniversary of D-Day. We are coming to you live from northern France. D-day was the coordinated assault by Allied forces on the beaches of Normandy. It was the beginning of the liberation of Europe from Nazi occupation. The assault on the beaches of Normandy had several coordinated steps. The first involved a diversion to draw the attention of the German forces away from...

Joseph asks: “My wife and I are getting ready to move into rental properties and we are at a sticking point of what a rental should be like inside. I’m okay with things being clean, unbroken, & liveable; she is more of the opinion of caring about the person renting and providing them something new or like new, as she wants to care about them as a person. We are stalled in moving forward as we...

On today’s show we’re talking about what happens when businesses shrink. The latest earnings season for retail brought some more bad news. But let’s be clear, retail isn’t dead. It just has too much friction.  There is the perception that the lowest prices can be found on-line. I as an average consumer believe that there are some things that I simply can’t buy online. I haven’t got my mind ar...

On today’s show we are talking about what is up or down with interest rates.  Interest rates are traditionally influenced by two main factors, inflation and risk. If inflation goes up, then naturally investors will want their bonds to at least keep pace with inflation.  If the investment is perceived to have higher risk, then investors will want a premium to compensate them for the highe...

Andrew Keel is an expert in repositioning manufactured home parks. He currently operates 14 parks in 6 states. To find out more, contact Andrew at keelteam.com. 

Today is June the first and on the first day of each month we feature a new book on our book of the month episode. In order to be considered for a book of the month the book has to meet a very simple criteria. It has to be impactful enough that it will change your life or your perspective on the world. Whether it does or not is entirely up to you. You might read the book and comment on what a grea...

David from Placencia in Belize asks: "I was wondering your thoughts on opportunity zones. Specifically do you feel this can trigger a mass exit in the market that will drop stock prices for ones wanting to get into Opportunity Zones and trigger a crash or at least a a major correction?" David, that’s a great question. First let’s define the opportunity zone and what it’s used for, and then we’ll t...

The recent tornadoes to hit the midwest have cut a swath of damage and devastation. The storms hit populated areas including Dayton Ohio, and Kansas City. Over 100 tornados have hit the midwest in 12 straight days. Federal government weather forecasters logged preliminary reports of more than 500 tornadoes in a 30-day period. These storms touch down quickly and offer little time to escape, especia...

On today’s show we are talking about leverage. But folks I’m here to tell you that most people think of the word leverage in a very narrow way.  Most of the time when we say the word leverage it’s assumed that we are talking about borrowing money, financial leverage.  Let’s go back to the root of the word. A lever is used to describe what happens when you take a large stick or a pole and...

 U-Haul is known for the do-it yourself mover. Frankly they have a great product.  I especially have a soft spot in my heart for their smaller moving trucks. Are used to rent them on a regular basis when I was in my teens and early 20s.  One of the great things about Uhaul is that you can do a one-way rental without having a drop charge. But this also represents a problem for Uhaul....

Today is another AMA episode, Ask Me Anything.  Ryan from Fresno, California asks.  "I really enjoy your Real Estate Espresso podcast. Thanks for the great work. The silly question has in my mind for a while. Why do banks, including lenders backed by Fannie Mae, make 30 year fixed loan to home buyers?  When I bought first home in China, all home loans are adjustable rate.  Let'...

On today's show I'm talking with George Ross on the current state of the negotiations between the administration and China surrounding Huawei, who happens to have a leading next generation cellular infrastructure offering with their 5G base stations. 

Sonia Lee is a syndicator based in San Francisco. She invests in multiple asset classes. On today's show we take a look at a 252 unit apartment complex in Evansville Indiana. Sonia's company can be found at leewardrei.com