The Real Estate Espresso Podcast

A listener in Pennsylvania asks which type of development do I prefer, infill or greenfield?

Fortunes are changing in the market, just like at the casino. The key is to recognize the difference between investing and gambling. Sales are slowing and the days on market are extending to more normal levels.

Today's episode is full of surprises. In truth, this is a small sampling of the myriad of surprises we routinely in experience in the world of development projects.

I was reminded today why I invest in real estate. Analysts downgraded their estimate for Facebook's earnings, and the stock took a 24% hit overnight. As a small investor in the stock market you have no control. But as a real estate investor, one who focuses on value-added opportunities, I feel a tremendous level of control. The fundamentals of profitability seem to be missing when it comes to valu...

In June, Chinese investors sold more US real estate than they purchased for the first time in 10 years. This reversal marks a huge shift in a growing trend of Chinese money buying marquis assets across the country over the past 5 years.

Today's episode was recorded in front of a live studio audience at Podcast Movement 2018 conference in Philadelphia. In today's talk I outline the deliberate thinking that is behind the design of the podcast, and the daily commitment to value that most precious commodity, your time as a listener of the show.

Recessions occur when producers expand in anticipation of continued growth in demand. They over estimate the true demand and by the time they realize their mistake, it's too late and they're sitting on excess inventory. How many places in the economy do you see this happening?

Today I'm taking you on a walking tour of several landmark properties in Manhattan and sharing some of the history behind those buildings. My mother was an architect on two of those projects and I give you a behind the scenes look (via audio) at what those buildings entailed.

Yes, this time the Province of British Columbia is giving condominium corporations the power to ban short term rentals in their bilaws and fine owners or residents up to $1,000 per day. The City of Los Angeles just passed a new motion that limits owners from renting their property for more than 120 days a year, and New York City increased their budget for enforcement and will hire 50 more employee...

Earlier this week I spoke with George Ross about the current news cycle which is very focused on the outcome of the Helsinki Summit between Donald Trump and Vladimir Putin. George has a very clear way of looking at a situation and separating what actually happened from interpretation.

This is one of the most complex areas of property ownership, and one where common sense doesn't apply. There are so many special cases that the same water will change ownership depending on what happens to it along its journey from the sky into the ground.

In the wake of last year's Hurricanes and tropical storms, very little has changed in terms of insurance coverage nationwide. In today's episode we discuss different types of insurance coverage and the merits of each one.

Is Wind part of your property? Does it have value? Can you own it? Can you harvest it? Can you sell it, or rent it? All these questions and more on today's episode of the Real Estate Espresso Podcast.

As more and more people install solar panels, does a neighbor have the right to cast a shadow on your property? Today we're discussing the conflict between development rights and solar rights, a key due diligence item that most developers are not paying attention to.

The National Investment Center for Seniors Housing & Care reported this week that the Nationwide, senior housing occupancy has reached its lowest level in over eight years. Data for the 31 primary markets shows that assisted living occupancy fell to 85.2% this quarter. New supply isn't being absorbed as fast as it's being built. So what does it mean?

Meagan Duhamel is an Olympic gold and bronze medalist in figure skating, two time world champion, and seven time Canadian champion. She's just a great person to hang out with and learn from. Meagan and I spent a day together this week. Some of it was recorded and I'm happy to share it with you here.

Today's guest is a CPA who believes that being a strategic consultant is far more important than simply a commodity number cruncher. His thoughts on tax reform confirm that philosophy

We are experiencing a new wave of protectionism, but this is really about addressing the balance of trade and minimizing the risk of a global default on sovereign debt.

The Bank of Canada has been slower to raise interest rates compared with the US. Rates are currently at 1.5%, the result of the second increase this year, and the 4th in the past 12 months. What does this mean for you as a real estate investor?

Beau in Toronto asks about a specific market opportunity to buy a townhouse as a Joint Venture partnership. He provided detailed information about the deal and I analyzed the deal live on air after doing no more than about 5 minutes of market research.

As business owners we need the right people in our core team. Whether they are partners, or members of the executive team, each of those people are key. How do you forge a successful partnership? There are certain characteristics that make a partnership work. If they're absent, you're in for a tough time.

As real estate investors we often focus on the real estate aspects of our work. After all, we're real estate people, not marketers. Today, I'd like to challenge that way of thinking. I'd like you to consider why you might stage furniture in a rental apartment. It's probably not the reason your thinking.

Volume Flipper Paul Kazanofski is my guest today. His no-nonsense approach is very refreshing. If you are wondering how to scale your business beyond a couple of projects, listen to how paul is scaling his business.

Loe Hornbuckle is the founder and principal at The Sage Oak, specializing in residential senior assisted living. I love this conversation with Loe, where he takes a very refreshing common sense approach to how senior housing should be operated.

Sustainable businesses require 7 key functions. You may be trying to operate a small business and can't afford to hire the staff, hoping someday to grow organically into a more sustainable business. You'll almost never achieve that kind of growth. There's a much simpler way, but it requires a leap.