The Real Estate Espresso Podcast

Today's conversation with Kathy Fettke is a first hand account of the evacuations from the wild fires in California. In this personal conversation, Kathy shares her perspective on what to do in an emergency.

The Raising Money Summit held each year in Denver is one of the premier capital conferences in the nation. We had 22 speakers from all over the country speaking on various aspects of syndication. My talk focuses on the 5 fundamental principles of raising money.

On Today’s show we’re talking about a new type of nomadic worker. When we talk about nomadic workers, it conjures up an image of a hipster twenty something in shorts and a T-shirt drinking a cappuccino from an Internet café in Fiji. They are living the lifestyle. I am not talking about these people. There's entirely another type of nomadic worker focused on the construction industry. These people...

If you’ve been a long-time listener to the show, you’ll know that I’m a big believer in the law of supply and demand. It’s one of those fundamental rules that you ignore at your peril. Like any market, hotel room prices, and short term rental revenue comes down to supply and demand. In markets where there is nothing to constrain supply, the incentive exists for more and more property owners to rem...

The residential market slowdown is here, and the signs are everywhere. Nowhere is this more evident than in the hottest markets in the country. We’re seeing the slowdown at the top end of the market, where the days on market have grown significantly, and price concessions are the new normal. What a difference a few months and a slightly higher interest rate can make. So many investors I know have...

On today’s show, we’re talking about the notion of value. The market definition is that value is what people are willing to pay. But that’s too simplistic. As investors we seek to make investment decisions that are on the right side of history. Buy low, sell high is at the foundation. So then the right question is what is the intrinsic value of an asset? In a world of falling asset values, it’s ha...

Hasbro has introduced a new Monopoly game this year "Monopoly for Millennials". In this game, instead of collecting cash, the winner who collects the most experiences wins the game. Whether it's a night on a friend's couch, the hottest restaurant or the weeklong meditation retreat, experiences are valued more than assets. The idea is to instead of getting out of the rate race, take a break from th...

George Ross was executive Vice President of the Trump Organization where he was Donald’s right hand man for 37 years. To be clear, I'm not a Donald Trump supporter. I value the wisdom and insight from George who has been at the top of the industry for 60 years. He taught at the law school at NYU for 20 years. The author of two best selling books on real estate and negotiation. George Ross is a fre...

Chris is a former corporate executive who uncovered a number of inconvenient truths about our economy, our energy policy, and our exploitation of the environment. This was the genesis of Peak Prosperity and a new way of life, based on a deeper understanding of the science behind the systems that power our society. Chris is not a fringe futurist, despite the fact that his message is unpopular with...

On today’s show we’re talking about the top 3 employee retention mistakes that I see employers make. It’s been said that people are the key to your business. That’s true of any business and Real estate is a business just like any other business. Employee turnover is incredibly expensive for any business for multiple reasons. Before someone leaves, they’ve already taken their foot off the gas and a...

Happy Thanks giving to our listeners in the US. Whether you’ve traveled to celebrate thanksgiving with family, or if you’re taking a it easy at home. It’s a time to reflect upon the year to date, and recharge your personal batteries. Take the time to revisit your goals from the start of the year. If you’re like most people, there are still a few that have yet to be completed. Perhaps there are a l...

This past weekend, I was in Denver speaking at an investment conference. I received the same question repeatedly from several attendees at the conference. Since this question comes up so frequently, I thought I would share the answer with our listeners. Many investors who invest in multi-family apartments are looking for cash flow. How can you deliver cash flow to investors on a new construction p...

We humans have an incredible inability to see bubbles when we’re in the middle of one. They seem to make rational sense in a strange sort of way. At least some highly educated people can speak at length about why the value should be so high. They can explain the science behind it. It’s hard to believe that people thought tulip bulbs would be the path to riches. But in 1636, valuations went into th...

Active residential listings (that’s condos, townhouses and single-family homes) finished October with 8,539 total units—a 35-percent increase over the same period in 2017. Anecdotal data from realtors I spoke to this weekend suggests that the average days on market is now getting longer at 35 days, but still favours sellers. That’s typical of a balanced market. Something Denver hasn’t seen for som...

Bob Burr is the President and CEO of Panther Exploration, and oil exploration firm based in Bowling Green Kentucky. Bob explains many of the facets of the oil industry from a real estate perspective. In many ways, you can participate in the oil industry from a real estate play, not with the risks of oil production

Robert Kiyosaki is the best selling business author of all time. This conversation with him was recorded in person at the New Orleans Investment Conference. It's surprising how much we see the investment world similarly.

Yesterday the new Ontario conservative government issued their first fiscal update. Of interest to real estate investors, The government is also eliminating rent control on new rental units to increase housing supply across the province, but says rent control will remain in place for current tenants. The new policy will be a reversal of sorts from an initiative the previous Liberal government put...

On today's show we are continuing our series on Amazon and the implications of the company's seemingly unstoppable growth. Yesterday we looked at Long Island city, an area of the Queens borough of NYC. Today, we talking about how Amazon also announced that Northern Virginia would be the site of their technology hub expansion. Specifically, Crystal City, a small compact development sandwiched betwe...

On today’s episode we are examining the larger implications of Amazons Second headquarters or HQ2 to the company's expansion plans. Last week Amazon announced that they plan to split their planned Technology hub expansion between two cities instead of one. Key to Amazon growth is access to talent. The 50,000 jobs that Amazon points to create over the next several years are technology jobs. They’re...

A team of New York City law-enforcement officers swarmed a Manhattan condominium last month, issuing 27 notices of violations for illegal hotel use in one of the largest single crackdowns on short-term rentals. The raid was at the Atelier, a 46-story Midtown luxury tower located on 42nd street near Times Square. This may be a sign of what’s to come. New York and other cities are seeking to limit s...

Today is another AMA episode "Ask Me Anything". Adam from Riverside asks “You mentioned on previous shows that you are vegan. You seem passionate about it. Would you help us understand your rationale?” That's a great question Adam. In truth, it wasn't a single decision. It was a series of small decisions made over several years. The net result of which I feel better. I have more energy. But there'...

Darren Doyle is the General Manager at Agronosotros, the parent company of International Coffee Farms. They specialize in agricultural real estate development where they own a total of 16 farms between Panama and Belize. In this wide ranging conversation, Darren educated me on both coffee and chocolate production. This was a fun and fascinating interview. Enjoy. If you want to learn more, check th...

Keith Weinhold is the host of the Get Rich Education Podcast and is a contributor to the Forbes Council on Real Estate. His new book is "7 Money Myths That Are Killing Your Wealth Potential". On today's show, we discuss two of the seven myths. Check it out.

On today’s show we’re going to look at the Cannabis industry. Before we jump in, many of my friends outside Canada have asked me if I’ve gone out and bought some weed yet. Sorry to disappoint you. The answer is no. It’s just something I’m not that interested in. In spite of that, the investment community is very interested in cannabis and On today’s show we’re going to look at the industry from a...

Today is another "Ask Me Anything" episode. Karla asks "Many syndicators require investors to be “accredited “ . Can you share a few ways to become accredited using real estate investments? I.e . Buying SFH, etc." That's a great question, and has a legal component to it. I'm not an attorney and can't give legal advice. So please consult an attorney who specializes in securities law. But I can offe...