The Real Estate Espresso Podcast

Today’s question comes from Raffaele who asks: I have a project that is about to go into construction. The city is requiring me to pay a parkland dedication fee equivalent to 7% of the land value that the city can use in the future to build and maintain new parklands. We know what we paid for the land several years ago. That value has probably changed over time and will require a new appraisal to...

Today’s show is the second in our beginner series. Our listeners are sophisticated. Many of you own large portfolios of apartments. But you also have people in your life who are interested in learning more, but maybe don’t have access to high quality information. The idea of sending your spouse to a $199 weekend bootcamp for beginners where they are going to be abused by sleazy sales people sounds...

The Real Estate Espresso Podcast is a show that speaks to sophisticated investors. Many of our listeners have large portfolios of apartments. They are investors in storage, industrial, land. We have lenders, economists, developers, project managers for the major national commercial builders all amongst our listening audience. This is a sophisticated audience. You know what cap rate is, what yield...

Jeff is based in Austin Texas where he runs Visio Lending, a national lender that specializes in portfolio loans for single family investment properties. To connect with Jeff, visit visiolending.com --------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1 )    iTunes: [The Real Estate Es...

Richard Wilson is the founder and CEO of the Family Office Club. The organization caters to high net worth families and deal makers. On today's show we are talking about the purpose of a family office and the benefits to a high net worth family. To connect with Richard, visit any of the following links: familyoffices.com richard@investorclub.com Check out nearly 1,000 videos on their Youtube c...

On today’s show we are looking at the residential real estate market in select areas of Florida. Many local brokers are sounding the alarm that rising inventory of homes for sale is causing prices to fall. These markets are experiencing multiple headwinds at the same time. Some of the shifts are reminiscent of 2008.  For example in Cape Coral, homes for sale inventory is up nearly 1000%. There are...

On today’s show we are conducting an experiment in artificial intelligence. Of course AI is supposed to revolutionize our lives for better and for worse. I conduct these experiments from time to time to assess the state of natural language models and how they are maturing. Now you are probably wondering whether I have been using artificial intelligence in the production of the real estate espresso...

Today's question comes from Steve who asks: "What is the purpose of a city having a general plan?   Does the law require it and what benefits and disadvantages does it provide the city and developers." ----------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1 )    iTunes:...

 On today’s show we are talking about the wave of protectionism that seems to be sweeping several of the world’s major economies. The question is, “What does it mean and what are the long term implications?” --------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1 )    iTunes: [The Real...

Transforming the Irvine Ranch is the story of a 93,000 acre ranch into the city of Irvine California. It is one of the most studied master plans in university courses related to urban planning.   On Saturday’s show my guest was Michael Stockstill, one of the authors of the book. On today’s show we’re going deeper into the book itself. The reason the book is so impactful, at least for me, is that v...

Kevin Bupp is based in Tampa Florida, but invests in mobile home parks and parking lots nation wide. On today's show we are talking about the similarities between mobile home park investing, how the market has changed in the past 24 months and the criteria for investing in parking assets. To connect with Kevin you can find him on most social media just by search for his name, or visit investwi...

Michael Stockstill was the public relations manager and then the government relations manager for the Irvine Corporation. He's also the author of the recently published book "Transforming The Irvine Ranch". On today's show we are talking about the challenges associated with building a new city. It's the story of the transformation of 93,000 acres of ranch into what is now mod...

On today’s show we are talking about the dangers of speculating and making purchases that are significantly above market. Some markets like Vancouver and Seattle have long experienced a significant influx of foreign buyers who have created upward pressure in the market over a sustained period.  Some luxury condo towers in Vancouver were offering pre construction units in luxury buildings at strato...

On today's show we are looking at a verdict issued by the US Supreme Court in the case of Moore vs the United States. When the court rules unanimously then you can have reasonable confidence that the court’s interpretation of the law is consistent. But when you have dissenting opinions by judges who are supposed to be the most learned of legal scholars, it leaves major questions about the fair...

Today's question comes from Matthew in upstate NY who writes: Hi Victor, I own a commercial construction firm and the City and Town of Canandaigua , NY. Officials have asked me, a residential contractor and developer to come speak on current struggles developers and contractors are seeing in this market. I feel like a broken record. I listen to you all the time with regards to codes, zoning, u...

On today’s show we are talking about the global perspective on investing. At the heart of all investing is the law of supply and demand.  In real estate that’s a combination of factors. Demographics. Is population growing or shrinking based on birth rate? That variable has a slow but profound impact on demand for housing. We will come back to that later. Immigration. Is population rising or fallin...

On today's show we are talking about international investing. Real estate investing is a hyper local business. But that doesn’t mean you have to live near your investments. Live where you want to live and invest where the numbers make sense. There are many people who live in the North East of the US and only invest in Texas or Florida for example. In our company we are active in several states...

I’d like to invite you to a webinar that we are holding this coming Tuesday. This is an investment opportunity that is open to accredited investors only for a new apartment project located in Ottawa Canada. The link to register for the webinar is HERE -------------- Our guest today is Alessandro Chesser from the San Francisco Bay area. His company is removing the friction associated with protectin...

Dr. Ryan Smolarz is a surgeon based in the US Virgin Islands where he specializes in storage assets across the US. On today's show we are talking about managing the emotional side of investing. To connect with Ryan, visit ⁠Stor Partners⁠ or text them directly at 602-641-4109. --------------- Our development firm, Y Street Capital is hosting a webinar this coming Tuesday June 25 to discuss a 13...

On today’s show we are going to look at something that has been making financial headlines all over the world over the past two days. The purpose of discussing it on this show is that even the major financial media like the Wall Street Journal and Bloomberg have been misreporting the story.  The headline is that another Bank, this time a Japanese bank is running into trouble. The assumption is tha...

On today’s show we are talking about investing fundamentals. What is an investment worth? If you watch the TV show Shark Tank you will see the contestant say that they are seeking $X in exchange for y% of the company. The sharks then do some quick math to determine the enterprise value and then compare the income as a percentage of the valuation. They are trying to get a sense of the current value...

On today’s show we are talking about a new class of apartment living that is starting to make headway in several markets. We too are exploring this product offering for some of our new construction projects.  When we talk about the continuum of care for aging adults there are several new product types being defined and accepted in the market.  It used to be the case that the only type of senior ho...

On today’s show we are talking about the right way to build a paper airplane.  When I first graduated university and was a new hire at Bell Northern Research in the microprocessor development team, I attended a company training course that was an entire week long.  One of our first assignments during that week was a design exercise. The assignment was to design a paper airplane. We were given two...

On today’s show we are exploring why so many cities have recently embraced the notion of intensification. Through the last several decades cities have continued their relentless sprawl out into the suburbs. You have some extremely low density cities that have no natural boundaries and continue to sprawl. Dallas may only stop gobbling up land when it reaches the Oklahoma border. Phoenix may eventua...

Jon Weiskopf is based in Sturgeon Bay Wisconsin. His specialty is impact investing. On today's show we are discussing what that means and some of the constraints that are implicit in impact investing. --------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1 )    iTunes: [The Real Est...