The Real Estate Espresso Podcast

 On today show we’re talking about housing needs in manufacturing corridors. Yesterday I attended a meeting involving politicians and city staff from five different communities along the St. Lawrence River seaway. Many of these communities have experienced a resurgence in Manufacturing as North American companies have expanded domestic manufacturing capacity. During the pandemic these communities...

On today’s show we are talking about one of the most overlooked line items in a property budget. This is the dreaded repairs and maintenance line.  Operating budgets make reasonable assumptions about the natural timeframe for equipment replacement, and the lifetime for windows, roofs, caulking, and so on.  Where it gets difficult is when big ticket items hit all at once due to supposed one-time ev...

On today’s show we are looking at the underlying data that is being used as central in the narrative about the health of our economy and the flight against inflation.  The message out of the White House and the Fed is that the economy is strong, too strong even. Look at all the strong employment numbers.  Each month we keep hearing how we have a hot jobs market.  Interest rates have to go up to fi...

Andrew Crebar is the CEO of Honey Bricks, a platform for enabling young, newly accredited investors to invest in private placement real estate projects. On today's show we are talking about this specific high income earning demographic and how they are looking for alternative investments with top notch operators. To connect with Andy Crebar, visit honeybricks.com ------------- Host: Victor Men...

Todd Sulzinger is based in Redwood City California. He spent much of his career in finance roles in the tech industry before moving into the world of real estate investing. On today's show we are talking about the Silicon Valley Bank failure, mobile home park investing, and fund management. To connect with Todd, visit blueelminvesments.com --------------- Host: Victor Menasce email: podcast@vi...

On today’s show we are looking at how AI can be a useful research tool for real estate investors.  A lot of emphasis for AI tools has been for mining the universe for information and writing new material such as blog posts. No doubt, there is some utility there. But the quality of writing is low in my estimation.  The real power of these AI tools is as a better research tool. There are many tasks...

On today’s show we are taking yet another look at the macro economic environment. Virtually everything in the world of real estate investing is being dominated by the macro environment.   The Federal reserve increased the Fed funds rate another 25 basis points. They made the argument that future rate hikes are going to be data dependent.  I watched the entire press conference today and there were...

On today's show we are looking for tangible evidence of what investors are looking for. ------------ Host: Victor Menasce email: podcast@victorjm.com

The Federal Reserve published an ironic report on the day that the FDIC took control over the First republic Bank. The report was all about the demise of Silicon Valley Bank. It was a retrospective of sorts on what contributed to the failure of the bank and what shortcomings were present at the bank regulator.  The thesis of the report is that the issues of SVB were unique to SVB. But that fails t...

 Our book this month is called “Thinking Fast and Slow” by Daniel Kahneman. Daniel Kahneman is a professor of experimental psychology at Princeton University. He is the recipient of the Nobel Prize in economics for his life work in psychology and how decisions are made that influence business, society and economics. This book is the result of decades years of research, including numerous academic...

Taylor Loht is based in Richmond Virginia where he has secured a FINRA broker-dealer license and is active raising capital for sponsor projects across the nation. So far he has raised $200M in capital. You can learn more and you can connect with Taylor at NTCapitalGroup.com. ------------- Host: Victor Menasce email: podcast@victorjm.com

Today's show is a live talk from The Real Estate Guys Secrets of Successful Syndication Conference in Dallas Texas, held on March 23. We're talking about the principles of raising capital with investors. -------------- Host: Victor Menasce email: podcast@victorjm.com

This question comes from Steve in Utah. Two years ago I bought a subject to rental property that has a loan with it that has a 2.25% interest rate fixed for 30 years.   A great deal for me!!! however back in November I noticed the loan servicer had changed.    Today this loan would be under wrote at 6%,    I did some quick calculations to determine the difference in value to the note holder with v...

On yesterday's show we talked about how there are signs of monetary deflation present in our economy. We discussed the definition of what is inflation and what is deflation? Today's show is the second in a two-part series on monetary deflation. On today’s show we are looking at specific examples of how money can disappear from the money supply. ---------------- Host: Victor Menasce email:...

On today show, we are looking again at the macro environment. So much of what is happening in the world of real estate is being dominated by the macro environment, which is why we keep coming back that. It’s specifically on today show we are looking at a definition for inflation, in order to understand deflation. There is a case to be made for deflation. Today’s show is the first of a two part ser...

On today’s show we are talking about how cities are getting pressure to perform better when it comes to turning around zoning and building applications. Many cities have earned a terrible reputation for being bureaucratic nightmares when it comes to getting a zoning application approved, or a site plan application, and in some cases a building application approved. Most cities have recognized that...

Some days it seems like we live in an upside down world.   Today’s show fits in the category of “You can’t make this stuff up.” It’s just too bizarre for words, and it would be even funny if it were not for the fact that this is real. Charlie Munger, who is Warren Buffet’s business partner is famous for saying “show me the incentive and I’ll show you the outcome”. The latest bit of insanity coming...

George is back in NY after spending the winter in Florida. On today's show we are delving into a topic that is explained briefly in a couple of pages in George's book on negotiation. His book is based on the course syllabus from when he taught negotiation at the law school at NYU for more than 20 years. ---------------- Host: Victor Menasce email: podcast@victorjm.com

Jeff Schechter is now based in Nashville after building a sizeable turnkey rental portfolio in Indianapolis. On today's show we are talking about how the macro conditions are affecting turnkey rental assets and how it might be time to pivot into other opportunities. To connect with Jeff, visit highreturnrealestate.com ------------------ Host: Victor Menasce email: podcast@victorjm.com

On today’s show we're looking at some of the most common mistakes that I see multifamily investors make in their underwriting. I'm presented with opportunities for multifamily projects of all shapes and sizes across many markets on a daily and weekly basis. Sometimes this analysis is performed by lenders, sometimes by mortgage brokers, and sometimes by the principals themselves. So here we...

On today’s show we are taking a look at some economic metrics that are not getting much airplay or analysis in the mainstream media. But we real estate investors need to pay attention.   We continue to have both government and Fed officials talking about how the economy is strong and resilient and that we may experience a mild recession later this year. This most recent statement is the closest we...

On today’s show we are going back to 1910. These were the origins of the formation of the Federal Reserve during a secretive meeting on Jekyll Island off the coast of Georgia.  Leading up to the fateful meetings that took place over nine days, there had been a series of runs on banks and financial panics in 1873, 1884, 1893 and 1907. These banking panics over the preceding decades had caused the o...

On today’s show we’re asking about how crime and lawlessness is bad for business, bad for rent, and bad for real estate investment.  -------------- Host: Victor Menasce email: podcast@victorjm.com

Switzerland is known for playing a central role in the global financial system. The nation’s stance of neutrality has earned it a position of trust in the financial system and the monetary system.  It’s no surprise that the Bank of International Settlements is based in Basel Switzerland.  Established in 1930, the BIS is owned by 63 central banks representing countries from around the world that to...

Brennen Degner is based in Denver Colorado where he is a principal at DB Capital Management. They invest in multi-family assets in four states through the southwest part of the US. On today's show we are talking about the capital markets and the current market conditions that we are seeing for investors and developers underwriting deals and managing existing portfolios through the life cycle....