The Real Estate Espresso Podcast

On today's show I am live on location at our major 1783 acre development project in Colorado Springs. This is a two part episode. The first part was recorded live on location just after sunrise and prior to the city council meeting and the second part was recorded after the city council meeting late in the afternoon just as the sun was setting. Enjoy... -----------------

On today’s show we are looking at the impact of the announcements over the past week emanating from the White House to understand the impact on real estate investors.  First of all, I think you need to take President Trump seriously, but not necessarily literally.  We tend to look at various initiatives and evaluate them through a lens that is not necessarily the same lens that the administration...

On today’s show we are taking a look at the changing landscape in retail real estate. This is the third in a series of episodes focused on the retail landscape.  Last week we looked at the impact of e-commerce on bricks and mortar retail. We also looked at the global supply demand dynamics in the US market. On today’s show we are focusing on experiential retail. This is based on the thesis that cu...

Dave Dubeau is based in Kamloops, British Columbia. He is focused on helping other investors and syndicators develop relationships with potential partners by inviting them as a guest on a podcast. He's written a book on the process and is passionate about educating people on the process. To connect with Dave and to learn more, visit https://20accreditedinvestorsbook.com/bonus . The coupon code...

George Ross is famous for his role as Executive Vice President in the Trump Organization and as Donald's advisor since his very first deal at age 27. In today's conversation George shares his thoughts on the opportunities that are opening up for real estate investors in the coming months. -------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https:/...

Today’s show is the second in a mini-series on retail real estate. Yesterday we touched on the changing landscape of retail. On today’s show we are going to look at the overall macro picture for retail real estate from a supply and demand perspective. We’re going to highlight five markets across the US that are showing signs of tight supply.  On today’s show we are looking at the findings from the...

Today’s show is the first in a mini-series on the changing landscape of retail.  We’ve been hearing about the death of retail for more than five years now. There is no question that retail is changing. Perhaps the biggest effect is the blurry line between online and offline.  It used to be the case that customers would drive to their favourite shop and see what they had in stock. Customers would b...

On today’s show we are looking at the flurry of executive orders that was signed by the incoming administration in Washington. There were a lot of them covering a wide range of issues. The ones that are getting the most attention and making headlines are those that affect the most divisive issues like deportations and international trade. There have been no less than 35 executive orders in two day...

On today's show we are talking about the recently announced changes to the HUD lending programs for apartments in the United States. The HUD programs are direct competitors to the agency loans that you might get from Fannie Mae or Freddie Mac. The possible loan proceeds have been increased by relaxing the debt coverage requirements and increasing the loan to value and loan to cost limits. This...

On today’s show we are comparing two different types of construction contracts, the cost plus contract and the fixed price contract. We will describe the major differences between the two and outline the major gaping hole that exists in both from which there is almost no protection. As the names imply, a fixed price contract, sometimes called a guaranteed maximum price contract is supposed to guar...

Sam Sells is based in Austin Texas where he specializes in impact investing across multiple markets. Municipalities are playing a role in providing the incentives to solve the affordable housing crisis with specific populations in mind. This includes criminal rehabilitation, veterans, asylum seekers, to name just a few. On today's show we are talking about the economic model that makes impact...

Brandon Barnum is a principal at HOA.com where their software products include an entire suite of HOA management tools. The latest is an AI agent which interacts with residents and answers their most pressing questions. It also acts as a platform to connect with trusted suppliers. To connect with Brandon, visit HOA.com or visit his personal website at brandonbarnum.com --------------- **Real Estat...

On today’s show we are talking about whether mixed use projects are worth the complexity.  This is one of those cases where the product design is designed for specific customers. A mixed use project has the benefit of animating a property and bringing additional amenities to the property at a community level.  When we’re talking about mixed use, we’re talking about a residential building with a gr...

On today’s show we are talking about the legacy of the latest California wildfires. Wildfires are not new to California. We’ve seen them in the North and in Southern California. There was the Camp Fire in Northern California in 2018. There was the Cedar fire in 2003. There was the 2020 fire season in which more than 4 million acres burned throughout California.  The unusual Santa Ana winds that co...

 I am pleased to report that the annexation petition for our Karman Line project was heard in front of Colorado Springs city council last night. Our project consists of 1783 acres that at one time formed part of the Norris Ranch. Mr. Norris was the Marlboro Man in the cigarette commercials. We bought the last remaining remnant of the Norris Ranch from Steve Norris, the son of the Marlboro man. The...

On today's show we are talking about an emerging trend in last mile logistics for e-commerce. The industry seems to be shifting to include an increasing number of well integrated third party logistics solutions that are well situated close to the end customers. ------------------ **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwRmTq...

On today’s show we are talking about the process of budget tracking for construction. The problem with most budgeting tools is that they track two numbers, plan and actual. But the needs of the project extend far beyond these two numbers.  Let’s talk about the various views that are necessary to properly track a construction budget. Plan of record. We sometimes call this the anchor budget. This nu...

Today's show is an impromptu presentation at last week's Scaling Up With Syndication conference in NYC. ----------------- **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-espresso-podcast/id134...

Robby Butler holds a key role within Y Street Capital. He chairs our weekly, quarterly and annual planning meetings. On today's show we are talking about our most recent two day annual planning cycle and how we use the Entrepreneurial Operating System (EOS) to manage our business. EOS was described in the book "Traction" by Gino Wickman and has been adopted by countless businesses large and small....

To sign up for the Y Street Capital Investor portal, visit this link https://ystreetcapital.invportal.com/signup On today's show we are talking about the impact of the rising US dollar. Why is it rising? Who is hurt by it? Who benefits? ------------------ Real Estate Espresso Podcast: Spotify: [The Real Estate Espresso Podcast]( https://open.spotify. com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a669...

On today's show we are summarizing the findings from the latest multi-family apartment research reports from Marcus and Millichap. We're looking at Dallas, Houston, Austin and San Antonio. --------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1 )    iTunes: [The Real Estate Espresso Pod...

Every year in early January there is the Consumer Electronics Show in Vegas. This multi-day event showcases the latest in technology. Many tech companies showcase products that are still at the experimental stage and not necessarily available for purchase at your local electronics store.  This year I would say that the defining word for CES is AI. You will often find a theme prevalent at CES in an...

On today’s show we are talking about the elements that distinguish an active adult apartment complex from a generic market rate apartment.  There is a progression in housing options as adults get older. There is a high proportion of older adults who are single and these people lack a sense of community and lack connection. This is one of the biggest social problems in our western culture. The amou...

Back in January of 2022 I reported on the growth of virtual real estate. Facebook has changed its name to Meta only a few months earlier. Metaverse technologies were capturing headlines. But strangely I heard no talk of virtual reality at the street level. In the past few months, several companies have written down their investments in virtual reality. This includes Exp Realty, Microsoft, Disney a...

George Ross was Executive Vice President in the Trump Organization where he was responsible for some of the largest projects undertaken. On today's show George is sharing his perspective on the upcoming second term with his former boss. Enjoy my conversation with George Ross. --------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/sh...