The Real Estate Espresso Podcast

Today's show is a talk that I gave last month at the Ottawa Real Estate Investors Organization on Small Bay Industrial. This is a segment that our firm is active in and one that we see as having structural shortages in many major markets across North America. ------------------ **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwRm...

Ashley Garner is based in Wilmington North Carolina where he runs a growing investment portfolio. He's recently made the jump from 30 unit properties to 200 unit properties and is scaling the business systems to match the new portfolio. Our discussion centers around investment mandate and scaling up. To connect with Ashley, visit https://www.abgmultifamily.com/ ---------- **Real Estate Espress...

On today’s show we are talking about distorted valuations. When you consider risk, I’m seeing what I can only describe as an atmospheric inversion in today’s markets.  Wall Street surged toward new record highs on Thursday, as the S&P 500 briefly topped its February 19 closing high of 6,144.15, extending a nearly $10 trillion rally from the brink of a bear market. On today’s show I’m going to...

On today’s show we are reporting on a change to financing rules in the US that stand to improve the numbers for multi family apartment projects.  We are talking about the HUD financing. This is more difficult financing to get than agency debt like Fannie Mae or Freddie Mac. But it is superior financing. There are several different loan types. I’m going to focus on the HUD 223F loan, but everything...

On today’s show we are looking at our human ability to forecast non linear effects and in particular how this relates to economic forecasts. We are accustomed to looking at the world in very linear ways. When we see a car approaching most people are pretty good at estimating whether they have enough time to cross the road as long as the car is travelling at constant speed. But if the car is accele...

Visit Y Street Capital to learn more about our projects. The conventional wisdom is that when the value of a country'scurrency falls relative to its trading partners, its exports become more competitive in the global market. It's no secret that the Trump Administration is aiming to bring more manufacturing back to the United States. Global flows of capital have changed since the start of t...

The long awaited pull back in pricing for apartments is here. These properties don’t need to necessarily be poorly performing. It’s the properties that were financed with bank debt from small local and regional banks. These smaller banks typically offered loans with a 20 year amortization period and if the loan was written five years ago, the 10 year Treasury yields were pretty low at 0.7%. The lo...

Brooke Kromer is a former sports broadcaster from Los Angeles. Today she makes the Florida Panhandle between Destin and Panama City her home. On today's show we are talking about the luxury segment along this stretch of beach. To connect with Brooke visit https://www.compass.com/agents/brooke-kromer/?referrer=omnibox You can also visit her Instagram at https://www.instagram.com/brookekromer/?h...

David Becker is a principal with Time Equities based in NYC where his firm invests across 38 states and in Canada in multiple asset classes. Today's investment mandate has narrowed to focus more on opportunistic plays in industrial and multi-family. To connect with David, visit Time Equities -------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://...

We are building a new apartment building in Ottawa Canada that is focused on meeting the housing needs in one of the hottest areas of Canada’s capital. Projects in Canada are largely insulated from the uncertainty associated with the current US trade war. There is a window to participate in this exciting investment opportunity for accredited investors. This includes investors who reside in the Uni...

Jeff Currie is the Chief Energy Officer at the Carlyle Group, one of the world’s leading private equity firms. He is the former Global Head of Commodities Research at Goldman Sachs, where he helped to build their commodities business. During his nearly three decades at the firm, he became one of the leading commodity market analysts. He authored a paper called " The New Joule Order" in M...

On today’s show we are talking about a political setback for one of our projects. If you have been following this show for a while, then you know that we own a large property on the edge of Colorado Springs consisting of 1783 acres. We started developing the master plan for this project a couple of years ago.  The annexation was approved by city council by a vote of 7-2 in both the first and secon...

On today’s show we are talking about commercial real estate and whether it is better to lease or to own your own building.  Deciding whether to own your commercial building or lease office space is a significant strategic choice for any business. Both options have distinct financial, operational, and flexibility trade-offs. There are certainly plenty of examples of both business models. The questi...

On today’s show we are talking about artificial intelligence and a few of the implications that are associated with it. I’m hearing a lot of chatter about how the development of AI will mean losing control of our society and our business. On today’s show I’m going to make the case for maximizing the development of AI capability, but for constraining its use. But before we can talk about these idea...

Anton Mattli is based in Dallas Texas where he is active in the world of commercial lending, primarily for multi-family apartments. On today's show Anton shares his perspective on how the landscape for lending has changed in recent months. To connect with Anton, visit peakfinancing.com -------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.s...

Daniel Angel Mehia is based in Atlanta Georgia where he is active in the development of Build To Rent product in a scattered site context, sometimes called infill. The demand for detached rental housing is higher than apartment housing which is currently saturated in many markets. To connect with Daniel, visit apexinvestments.us ------------- **Real Estate Espresso Podcast:**  Spotify: [The Real E...

We are doing a mini-series on AI tools in real estate. Some of these tools are the same ones we use in our development company Y. Street Capital. We use these tools in-house and on projects belonging to our consulting clients. If you want to learn more about how our consulting division could help you with your projects, send an email to victor@victorjm.com. ----------------- On yesterday’s show we...

We are going to do a mini-series on some of the latest AI tools that are specifically tailored for real estate investors. So we will be doing two shows back to back to highlight what is emerging as a new software arms race in property due diligence.  On today’s show we are taking a look at Land.id (formerly MapRight).  This software consolidates data from multiple disparate data sources and allows...

Today's episode was originally posted in April of 2018. We are talking about the psychology of raising funds from investors. ----------- **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.apple.com/ca/podcast/the-real-estate-esp...

On today’s show we are talking about how last week’s drone attack in Russia will forever change the way investments are made in military equipment and warfare in general.  The economy in the US is being bolstered by a significant amount of defence spending. Europe is about to increase its defence spending on a large scale. The same can be said for Canada.  Conventional warfare has been based on th...

If you would like a copy of our Due Diligence Checklist, click HERE . ----------- On today’s show I’m sharing the story from this past week of someone who is in our investor ecosystem. She owns several properties in a tertiary market about an hour outside Toronto. She is in her 70’s and her husband has several physical limitations. She is her husband’s principal care giver.  She has invested in se...

Jeff Peterson is based in Cary, North Carolina. On today's show we are talking about the intersection of active business and real estate and the various twists in the road that make the journey take an unexpected route. You can connect with Jeff at TurtleShellRentals.com . You can also find his new book "Are We There Yet" on Amazon. --------------- **Real Estate Espresso Podcast:**  ...

On today’s show we are looking at the economy and trying to figure out if the global economy is growing or shrinking, and by extension how the economy will be affected in North America. Thursday this week the ECB announced  another 0.25% rate cut while at the same time signalling that they are nearing the end of their rate cutting.  -------------- **Real Estate Espresso Podcast:**  Spotify: [The R...

Jared Jones is based in Riverside California where he is taking advantage of the changing regulatory and zoning landscape to fill a unique need in the marketplace in ways that the national home builders are not positioned to capitalize on. Zoning changes have made it easier to intensify existing properties without impact fees and utility expenses while saving considerably on the land cost. You can...

On today’s show we are talking about new dangers in apartment buildings that have not been fully handled in the design of buildings or the building code.  Certain metals produce their own fuel once ignited. You probably have done the science experiment of lighting a piece of magnesium wire on fire. Once lit, you can put this piece of burning wire into a tub of water and it will keep burning.  The...