The Real Estate Espresso Podcast

On today’s show we are looking at  what we can expect during President Trump’s presidency. We will start with cabinet appointments. Many of these positions will require Senate confirmation. But there is one appointment that is actually the most interesting to me that is not getting any airplay in the mainstream media.  We can also predict what might happen to the price of oil in the short term. --...

We are coming to you live from the 2025 Y Street Capital Goals Retreat on board the Norwegian Cruise Line. We’re on shore in Bermuda after spending two days at sea, holed up in one of the night clubs with pen in hand, working hard on getting clear on our values. ---------------- **Real Estate Espresso Podcast:** 🎧 Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwRmT...

On today’s show we are talking about a new housing initiative that was just launched in Mexico by the newly elected President of Mexico. A key component of the initiative is a zero-interest mortgage scheme, offering low-income households a path to homeownership with favorable terms. Some reports put Mexico’s housing shortage of 8.5 million units. Not all of these families need a new home. It’s not...

On today's show we are looking at a story of a property that was the site of aboriginal significance and what it might mean to a property owner. ------------------ **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/podc...

On today’s show we are going to look at what might be a rush for the exits.  When someone is deported from the US, they are barred from entering the US, even as a visitor for 10 years. So getting deported could be a big deterrent, something to be avoided. Some people who enter the US are true refugees under the Geneva Convention’s definition of conventional refugees. These are people who are fleei...

Andy McMullen is based in San Diego California, but he is building rental communities through-out the sunbelt in secondary and tertiary markets. On today's show we are talking about meeting market demand and how the election is influencing investment decisions. To connect with Andy, visit legacyacquisitions.com -------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Po...

Celia Cortes is a partner in Atlanta based Draco Group providing security training and services to worldwide clients. Their clients include military & Law Enforcement, high profile individuals, corporate entities, and community organizations. To connect with Celia, you can email her directly at celia@thedracogroup.com or visit https:// thedracogroup.com --------------- **Real Estate Espresso P...

Th City of Philadelphia just passed a new ordinance with a vote of 17-0 banning the use of algorithmic pricing for properties in the city. San Francisco was the first city to enact such a ban. Philadelphia is the second and it is expected that others across the nation will follow suit.  The city bill references an anti-trust motion brought by the department of justice. The Justice Department alleg...

On today’s show we are looking at a new multi-family research report published two weeks ago by the folks at Fannie Mae. Dr. Doug Duncan is the chief economist at Fannie Mae where he leads a team of economists. This group has consistently achieved accolades for having some of the best research in the business. This particular report was authored by Nathaniel Decker who is a Lead associate in the r...

On today’s show we are taking a look at the state of affairs, the morning after the election.  Thankfully, the election result is clear. The last thing the US needs is months of conflict over the validity of the election.  Let me be clear, I don’t think either candidate is the best choice for the US. But then, I don’t really get to have a voice. I’m not even able to vote in the US election. Some o...

On today’s show we are talking about getting a project through the approval process in city council. Every city’s municipal government is tasked with managing the city’s resources along with planning the city’s land use.  Getting a project approved doesn’t happen by accident. It requires a lot of hard work. In every community there are people who will come out of the woodwork to oppose your projec...

On today’s show we are taking a look at what the US might look like post election. The race is probably too close to call. The left leaning media are predicting a Harris victory and the right leaning media are predicting a Trump victory. Anyone who says they know definitively can’t possibly know. Voter turnout will have a major impact in the swing states. In those ridings where the vote is close,...

Jim Manning runs a volume flipping and lease option business in St. Louis. On today's show we are talking about finding fulfillment in growing a business. To connect with Jim and to learn more visit passivewealthshow.com . --------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1 )    iTu...

Michelle Jeong is based in San Francisco where she runs FIRE Capital (Financial Independence Through Real Estate). On today's show we are talking about acquisition strategy in the current market conditions. To connect with Michelle visit investingwithfire.com -------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwRmTq4r3es8...

Ou book this month is “Profit First” by Michael Michalowicz. You’ve no doubt heard the advice from financial advisors called “Pay yourself first”.  This book sounds like the same advice, only it’s quite different. It breaks down the human behaviours that result in a money management cycles that ultimately can become a trap.  Most businesses focus on growing revenue to generate cash and stay ahead...

On today’s show we are talking about solving the needs of aging population.  As parents age, some families resort to independent living, maybe assisted living, professionally managed institutions. These are quite expensive and not everyone can afford this. In fact, there is a huge percentage of the population who can’t afford senior housing.  For many, that means family takes on the burden of care...

Yes, you read that correctly. Today’s show is a deep dive into a due diligence item that we often don’t think about.  I’m going to read a few extracts from an engineering letter we received as part of an information package on a property.  The project in question is a residential subdivision with a large rock outcropping in the middle of the property. The top of the hill consists of large boulders...

On today’s show we are breaking down the different types of construction contracts that you can sign. Now let me be clear, I’m not here to offer any type of legal advice. I’m merely sharing our experience when it comes to undertaking different types of construction projects.  The first thing you need to get clear on is whether you are hiring a general contractor or a construction manager. This is...

On today’s show we are looking at the demand for construction materials and labor. The number of housing starts is way down nationally. This is true for single family homes and for multi-family apartments. So it stands to reason that there should be plenty of labor available for your projects if you decide you want to undertake a project in this current environment. -------------- **Real Estate Es...

On today's show I'm asking George about how he used to attract business before the days of digital marketing. Love his answer. ------------------ **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-estat...

On today’s show we are looking at the national average numbers for residential real estate.  The statistics seem to be conflicting and it seems like the numbers are not adding up. On today’s show we are going to unwind the apparent contradiction to make sense of what is truly going on. The national association of realtors reported that sales volume in September fell to the lowest level since Octob...

The Bank of Canada took a victory lap yesterday as they cut interest rates by 0.5%. This is the fourth consecutive rate cut since June. The rationale given was that inflation in September hit 1.6% down from 2.2% in August.  The fact is, Canada’s economy is extremely weak right now. The drop in rates is needed to maybe stimulate growth.  For real estate investors, the rise in interest rates over th...

On today’s show we are talking about a service business that used to be on top of its segment in the market.  The company we’re talking about is Starbucks. So it’s no surprise to me that today Starbucks CEO Brian Niccol announced a major drop in both earnings and revenue. They also suspended financial guidance for the upcoming quarters.  Once a brand loses loyalty to the brand, it’s hard to get it...

On today’s show we are wondering if governments and central banks in particular have any effect on the repairing the economy.  It’s a simple question really. If central banks can truly influence the economy, inflation and the unemployment rate, then why are central banks all behaving the same way at approximately the same time? Why is the bank of Canada going to lower interest rates later this wee...

On today’s show we are talking about how to evaluate a bid from a subcontractor.  If you follow the procurement method used by most government departments, in the US and in Canada, the process makes sense.  Everyone needs to meet the minimum requirements. For all those who meet the minimum requirements, the purchaser will select the lowest bidder.  Intuitively this makes sense. But it puts the bur...