The Real Estate Espresso Podcast

On today’s show, we are looking at the state of the global economy and how I believe it will impact interest rates over the next 90 days. I’m going to do something that is risky and that is to predict the future.  We keep hearing narratives in the mainstream media. The US economy is resilient and strong. However, I’m going to construct a case that I believe will demonstrate convincingly that the g...

On today show we’re talking about how to handle what seems like conflicting data into your financial model when you are faced with a continuous supply of incoming data. ------------- **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://podcast...

Eric Burns is based in Cincinnati. He is active in the Phoenix market investing in multi-family apartments. On today's show we're talking about navigating the macro market dynamics and some of the Phoenix specific issues. To connect with Eric, visit flowerscapital.com. ------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwR...

Bryant Dawson is based in Kansas City where he is active in flipping on a large scale and increasingly is flipping medium sized apartment buildings. On today's show we are talking about some of the distinctions that enabled him to scale to 220 flips in a single year at the peak. To connect with Bryant, visit him on Linkedin at https://www.linkedin.com/in/bryant-dawson-72a838b8/ -------------- **Re...

On today's show we are taking a deep dive into asbestos and the problems associated with remediating it. It's a huge issue that frankly is being underestimated by many real estate investors. --------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1 )    iTunes: [The Real Estate Espresso P...

On today’s show we are talking about our development company Y Street Capital. Several of you have asked a bit about our business. So on today’s show I’m going to give you an overview of the types of projects that are underway at Y Street Capital. -------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c...

Today’s episode is a listener question from Joseph who writes: I have someone I know who is bullish on this crypto called XRP. There is conversation this will become the new way of doing business and that getting vested in this soon will be a no brainer. What say you sir? My opinion of crypto has been more like a hedge similar to holding physical precious metal. If things go really sideways it wil...

As 2024 draws to a close, many people are training their sights on 2025.  On today’s show we are looking at what we predict will be the most popular asset classes and why? I’m going to highlight one of the plays that I believe will attractive in the near future. -------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwRmTq4r3...

I predict the next Fed meeting will result in a rate cut. Why is that? Well, because the employment numbers are heavily skewed. In fact, they are also incredibly weak. We previously saw only 12,000 jobs created in the month of October. When you subtract the 40,000 government jobs created, that means the private sector actually lost 28,000 jobs. Not only that, those 40,000 jobs could have been larg...

I first read the Tipping Point maybe 15 years ago. Malcolm Gladwell was making a name for himself with that book. I’ve read every other book he as written ever since. These include Outliers, What The Dog Saw, David and Goliath, and Blink. There’s a reason why he has sold 23M books. He is an extraordinary writer.  He combines amazing story telling with original research on social science. He illumi...

Tyler Vinson is based in Spokane Washington. He is a pioneer in the tokenization of real estate for syndication. On today's show we are talking about the interplay between tokens and the underlying securities regulations. To connect with Tyler and to learn more, send an email to info@retokens. com -------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open...

On today’s show we are looking at a court case that stands to upend the way tax liens are handled in the US. We’re actually going to look at two cases. -------------- **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/p...

We often hear daily quotes, especially in the news media about what has happened to a particular commodity price. The price of oil is up 2%. The stock market is down 1.5%. But all of this is in reference to what? Are we talking in the past day, in the past hour, in the past month? While the news reporters have to pick some point of reference, none of these measurements are actually meaningful to a...

On today’s show we are talking about the importance of conservative underwriting.  Lenders are not business people. They are not real estate developers. They don’t know how to manage risk in a complete sense.  Then the lender changed the rules. The impact to our projects was negligible. What did we do that insulated us from the impact? We were more conservative. But just saying more conservative d...

I’ve heard that a particular community needs more housing because there’s a new factory coming to town. There’s a new EV plant, a new battery plant, production is shifting for a new model car or truck at an existing plant.  On today’s show we are looking at the early days and the modern day history of the auto industry. ---------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate...

On today’s show we are looking at the latest economic data. The labor department issued new data last week which showed that the private sector payroll job creation was overstated from the period of June 2023 to June 2024 by more than 1.25M jobs. It basically cuts the private sector job creation in half compared to what was originally reported.  It sure makes you wonder that the headline job creat...

Matthew Bragg is based in the Finger Lakes region of upstate New York. He is running a third generation commercial "Design/Build" construction company with projects across upstate New York. On today's show we are talking about the challenges of building in smaller markets. To connect with Matthew visit https://www.chrisanntha.com/ . -------------- **Real Estate Espresso Podcast:**  Spotify: [The R...

Austin Hair is based in Orlando and is active in medical and dental real estate across multiple locations. On today's show we are talking about the dynamics of this segment. To connect with Austin, the best way is on LinkedIn at https://www.linkedin.com/in/austin-hair/ ---------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3Gv...

On today’s show we are talking about the changing office environment. The Covid era created a lot of distortions. People got paid to stay home. The requirement to social distance meant that most things done elsewhere were performed at home. School was virtual. Gym classes were virtual. Meetings were virtual. Court hearings were virtual. Work was virtual.  Sure it was more fun to sit in a zoom meet...

Today is another AMA episode (Ask Me Anything).  Steve in Utah asks - “What are the benefits of a development agreement instead of special zoning code when it comes to getting your project entitled?”  --------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1 )    iTunes: [The Real Estate...

On today’s show we are talking about the city that people love to hate. It’s the grittiest great city in the world. Of course I’m talking about NYC. The density of NY brings a lot of advantages. I love the fact that so much is at your fingertips. My family lived in Manhattan for many years. Then my parents decided  that it was not a good place to raise a family and they left NY when my mother was...

On today’s show we are taking a look at the dirty underbelly of municipal politics. It’s an open secret that some council members have in some cases demanded, and in other cases accepted financial compensation in exchange for political support.  The running joke is that many city council members seem to have very nicely renovated kitchens and baths in their homes, more than usual for the populatio...

Today's episode is another AMA episode (Ask Me Anything). Our question comes from Robert who asks: "How do you know when you are pushing innovation too far and you're out running marketplace demand?" ---------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1 )    iTunes: [The Real Estate...

Erica Schwartz is a Tony award winning producer. She has been involved with major Broadway productions like Moulin Rouge, Wicked and Hamilton. On today's show we are talking about the economics of broadway shows. To connect with Erica and to learn more visit avalonroad.net or email her directly at eschwartz@avalonroad.net. ------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate...

Jonah Bamberger is based in NY and Tel Aviv. He started in the NY area and continued to acquire up and down the eastern seaboard and then into the midwest. His most recent projects are located in Porto Portugal, and a new hospitality project in NYC. To connect with Jonah, visit aulder.com . ---------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://ope...