The Real Estate Espresso Podcast

Brian Davis is based in Lima Peru and is in his 9th year of living the expat lifestyle as an investor. On today's show we are talking about what it's like working remotely and seeing the world at the same time. To connect or to learn more Brian can be reached at SparkRental.com ------------ **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify...

On today’s show we are talking about how our consulting division advised a client which had the effect of turning a good project into a great project, while avoiding a zoning variance at the same time.  --------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1 )    iTunes: [The Real Estat...

Today’s question comes from Paul who writes: I often hear about working on the business versus working in the business. What does that mean to you, and can you give me some examples of what that looks like? ------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1 )    iTunes: [The Real Est...

On today’s show we are talking about a new product that we are increasingly incorporating into our new development projects. When we undertake a development project we are starting with raw land. It’s a blank canvas. It could be whatever the mind can imagine when completed.  The traditional approach has been to build mid-rise apartment complexes. But thee apartments are increasingly saturating the...

On today’s show we are talking about the positioning of a real estate investor in the marketplace.  Let me be clear, on today’s show I may offend a few listeners. But I’m not here to offend. I’m here to reflect back what many investors marketing is saying. There is nothing wrong with being new. Everyone started at the beginning. But be aware that wherever you are in your journey, you are sending a...

On today’s show we are taking a closer look at the employment statistics that were released last Friday. The headline in the Wall Street Journal read “Hiring and Wages are Up, Reinforcing the Economy’s Resilience”. The subtitle to the article then reads: “The U.S. posted surprisingly large gains in both jobs and pay, even though the unemployment rate ticked up to 4%” CNBC said “U.S. adds a much-be...

Josh Pardue is based in Tampa Florida. Josh is a repeat guest on the show. But this was actually the first episode recorded and accidentally published out of order. Josh was also a guest on May 11. On today's show we are talking about how to underwrite the risk of single tenant commercial properties. To connect with Josh, he is available on most social media including Facebook. https://www.fac...

Michele Fischbein is based in southern California where she works as a tax and asset protection attorney with the firm Tresp Day. On today's show we are talking about asset protection structures that were pioneered in part by some of the partners in her firm. A few weeks ago we also hosted a webinar with Michele which included a deeper dive into the principles we discuss on today's show. T...

Later today we will be hosting a Facebook Live and a LinkedIn Live session with our Partner Amy Johnson. Join us live to ask Amy Johnson how she gets deals done. Around the United States, Amy owns self-storage, multifamily, and develops land as a partner with Y Street Capital. She has a 15-person brokerage, has developed 500 acres of land and 500,000 square feet of self-storage, and renovated seve...

This coming Friday we will be hosting a FaceBook Live and a LinkedIn Live session with our Partner Amy Johnson. Join us live to ask Amy Johnson how she gets deals done. Around the United States, Amy owns self-storage, multifamily, and develops land as a partner with Y Street Capital. She has a 15-person brokerage, has developed 500 acres of land and 500,000 square feet of self-storage, and renovat...

This coming Friday we will be hosting a FaceBook Live and a LinkedIn Live session with our Partner Amy Johnson. Join us live to ask Amy Johnson how she gets deals done. Around the United States, Amy owns self-storage, multifamily, and develops land as a partner with Y Street Capital. She has a 15-person brokerage, has developed 500 acres of land and 500,000 square feet of self-storage, and renovat...

On today’s show we are talking about a question that came to me on a phone call yesterday morning. The person asking the question was seeking to help another investor who has run into financial difficulty.  The question was whether a standby letter of credit could be used to help a real estate investment firm that was seeking to refinance their bridge debt into a lower interest rate permanent fina...

On today’s show we are talking about a project of ours that recently completed the zoning approval process.  This is a 20 acre site in a suburb of Salt Lake City called Brigham City. The property itself is situated next to one of the two highway interchanges from Interstate 15 into Brigham City. Immediately across the street is a new Walmart Super Center.  The total site plan consists of the Marri...

Mauricio Rauld is the founder of the Premier Law Group and specializes in securities law. On today's show we are talking about the forecast changes to securities regulations in the US. Mauricio's team performs all of our US securities work at Y Street Capital. He also wrote a new book called "Legal Strategies for Everyone" and you can connect with him through his website at https...

Our book this month is called Day Trading Attention: How to actually build brand and sales in the new social media world by Gary Vaynerchuck, the CEO of Vayner Media. Gary is well known as a keynote speaker in the world of marketing. His YouTube and social media following is massive.  Gary’s thesis is that in order for your marketing message to be received, you need to be using channels that are i...

Today’s question comes from Dan who asks.  I’m currently evaluating an investment in a multi-family apartment project. I’ve heard so many horror stories lately about investments going bad in the past year that I’m struggling to figure out how to perform due diligence. If you were looking to make a passive investment in someone else’s deal, how would you conduct the due diligence?  ---------- Host:...

You have probably seen the pitch on social media. I’m approached almost daily on LinkedIn. These companies and individuals are frequently offering any amount of funding from $500,000 up to $500M. Some are offering to partner with you on projects. Some are offering both debt and equity.  Offers of funding can sound enticing to those who are seeking additional capital to cover a shortfall in their b...

As many of you know, in addition to being the host of the Real Estate Espresso Podcast, by day I’m the senior partner at Y Street Capital. Our firm is active across 9 states in the US and also in Canada where I reside.  It sounds strange to say this, but Canada has a much more acute housing crisis than the US. Our population has grown through immigration much faster than the US. Many Canadian citi...

Today’s question comes from Daniel who asks: I’m a busy professional and have several friends that also have money to invest. I am considering inviting my friends to invest along with me but am conflicted. If there are problems with the investment, I don’t want to damage the friendships. At the same time if these are good investments, it would seem disloyal not to invite my friends along the same...

There are numerous misconceptions about the oil market. As a result, we have many people including the mainstream media drawing incorrect conclusions about the economy. On today’s show I’m gong to go deep on a few of these items. -------------- Host: Victor Menasce email: podcast@victorjm.com

On today's show George and I are talking about the current market cycle and what signs to look for when seeking inflection points in the cycle. George was very clear. Get to the specifics and stay away from the macro discussion. But the appraisers who determine valuations don't always see it the same way. Listen to my conversation with George Ross. ------------- Host: Victor Menasce email:...

Brian Boyd is based in Nashville Tennessee where he is practicing tax law. On today's show we are talking about some of the proposed changes to the US Tax Code and how real estate investors could adapt to those changes if they come to fruition. To connect with Brian visit briantboyd.com. ------------ Host: Victor Menasce email: podcast@victorjm.com

On today’s show we’re going to take you through thought experiment. I’m going to give you two distinct sales pitches. I’m going to bet that most people will choose the lifestyle investment.  The first is a luxury condo located in paradise. When you are not staying in your condo, it goes into the hotel's pool of rooms and you share in the hotel revenue. Hotel guests will pay for your vacation p...

On today’s show we are taking a look at a report that was published by Fannie Mae’s research team on Monday of this week. Fannie Mae’s research team is under the direction of Chief Economist Dr. Doug Duncan who is a past guest on this show. We are accustomed to getting overall market updates from Fannie Mae. This one was very different in that it was very narrowly focused on the insurance. I don’t...

On today’s show we are looking at the special considerations associated with developing a waterfront property.  There are some special risks associated with waterfront that might not exist in other more central locations. -------------- Host: Victor Menasce email: podcast@victorjm.com