The Real Estate Espresso Podcast

We have a new sponsor on the show. The Cost Segregation Guys are the leading service provider in the US and they have helped tens of thousands of owners improve the tax efficiency of their assets. To learn more, visit The Cost Segregation Guys . ------------ The EOS Life by Gino Wickman asks a simple question: What would your life look like if your business actually served your life, instead of co...

On today’s show, we’re talking about the flurry of new capabilities being released in Claude, and more specifically, how these new tools can take real work off your plate as a real estate investor. There’s a big difference between a technology that is interesting and a technology that is useful. For a long time, artificial intelligence sat in that interesting category. It could summarize an articl...

Today we’re talking about the deflationary impact of an oil shock. Now that might sound counterintuitive at first. After all, if oil prices spike, and if shortages appear in oil, aluminum, fertilizer, natural gas, and other key industrial inputs, most people’s first instinct is to call that inflationary. And at the consumer level, it certainly feels inflationary. You see it at the pump. You see it...

Chris Seveney is based in Northern Virginia. He invests in distressed residential debt across the US. But not everywhere. There are some jurisdictions that heavily favor the borrower and make it difficult for a lender to protect their rights. To connect with Chris, visit 7einvestments.com ------------- *Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spot...

Shane Pogue is based in Dallas Texas where he uses his investigative skills to help investors with due diligence. To connect with Shane, he can be found on LinkedIn at https://www.linkedin.com/in/shane-pogue-6b900a11a/

Today is another AMA episode, (Ask Me Anything). Our question comes from Tracy in Washington State who writes: I’m working on a 144-unit apartment project in an older jurisdiction where the city is charging about $7,000 per unit for water and sewer—so roughly a $1M fee. At the same time, we’re bringing the main to the site, installing all laterals, and handling all on-site infrastructure. Based on...

On today's show we are analyzing an office to residential conversion project in Washington DC that was reported in the Wall Street Journal. The developer bought it at a great price of $25.53 per square foot, far below replacement cost. But the geometry of the building is not ideal. The usable area is far below the total unless major modifications are made to the building's interior. The bi...

We have a new sponsor on the Real Estate Espresso podcast. If you’ve been listening to the show for a while, you’ll know that we have rarely had any sponsored content at all. That’s intentional. We’ve had plenty of offers to sponsor the show.  Our sponsor is The Cost Seg Guys. If you own investment real estate and haven’t looked seriously at cost segregation, you could be leaving significant tax s...

On today’s show, we’re talking about the lasting impact of war in the Persian Gulf on oil prices, and more importantly, the cascading effects on real estate here in the United States. When conflict broke out in the Persian Gulf, the first reaction in financial markets was almost automatic. Traders bid up the price of oil. That response is understandable. A large portion of the world’s seaborne cru...

If you've driven through any American town or suburb lately, chances are you've noticed a vacant Walgreens. Or a shuttered CVS. Or a boarded-up Rite Aid. These aren't isolated closures. This is a structural, sector-wide contraction that is reshaping the retail landscape in ways we haven't seen before. Here's the scale of what's happened. Walgreens has closed 1,200 stores ov...

Joel Friedland is based in Chicago where he has a sizeable portfolio of industrial properties, virtually all of them are debt free. This is a choice, not an outcome. Today's conversation contains several counter-intuitive revelations. To connect with Joel visit https://www.britproperties.com/ ----------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://op...

Joel Landon is based in Salt Lake City and he is with Heritage IRA. On today's show we are talking about the opportunity to reduce your 2025 tax obligation by taking action before April 15. Joel walks us through some of the types of opportunities that still exist to turn back the clock to 2025 and still influence the outcome. To connect with Joel and to learn more, visit heritageira.com ------...

Today we’re talking about the war in the Persian Gulf, and why a market like Lake Charles, Louisiana could be a real beneficiary, even if the war were to end today. The Strait of Hormuz is one of the most important energy chokepoints in the world. A meaningful share of global oil and gas moves through that corridor. When conflict disrupts flows through that region, the world starts looking for sta...

 On today show, we are talking about performing even the most basic of due diligence when it comes to potential suppliers, customers, tenants, lenders, brokers. It is sad to say, but there are large ecosystems of fraudulent players out there.  Due diligence is both an art and a science. In fact, I have an upcoming episode where I interview a specialist in due diligence. On that show, we will dive...

Today we're looking at New York City, and specifically at the combined impact of two policies associated with Mayor Mamdani's housing agenda, a rent freeze on rent-stabilized apartments and a proposed 9.5% increase in property taxes. Now separately, each of these policies is a political choice. Together, they become something more serious. They become a stress test of whether private owner...

As part of my ongoing research for the podcast, I’ve been using AI to help streamline information gathering. That, in itself, is not too controversial. If you’re tracking multiple markets, multiple asset classes, and multiple sources of institutional research, there’s nothing unreasonable about wanting a faster way to collect reports, summarize themes, and identify what’s changed. I installed an a...

Today, I want to talk about the right questions to be asking when it comes to adopting AI in your business. There’s a lot of noise around AI right now. Most of the conversation is centered on fear. People are asking whether AI will replace jobs, reduce headcount, or make certain roles obsolete. Those questions may be understandable, but they’re not the most useful strategic questions. In many case...

Tom Staub is based in Austin Texas where he develops master planned communities through central and south-east Texas. On today's show we are talking about the attraction and challenges of land development. To connect with Tom, visit https://redoakvc.com/ ----------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8...

Robby Butler is Managing Director at Y Street Capital. He's based in St. Louis plays a key role in our company. On today's show we are talking about how real estate trends are affecting long term strategies of investing. To connect with Robby , visit https://www.linkedin.com/in/robby-butler/ or at https://ystreetcapital.com --------------- **Real Estate Espresso Podcast:**  Spotify: [The R...

On today’s show we are talking about a parallel between present day circumstances and 1973. The mid 1970’s were characterized by the simultaneous surge in inflation and economic contraction. These were events that were up until that point considered to be mutually exclusive.  The embargo didn't just cause a temporary blip; it changed the structural behavior of the U.S. economy. Even after the...

When I first started my training in electrical engineering I was using a large mainframe computer at the university. Most other students had to book time in one of the terminal rooms to gain access to the computer. They were limited to 60 minutes at a time. I purchased my own terminal which I had in my bedroom and got a second phone line and I had unlimited access to the computer.  I also purchase...

Today we’re talking about the HUD Express Lane initiative. Now, whenever government launches something called an Express Lane, people naturally assume it means the opposite. That’s not what this is. This is not a magic wand. It is not a relaxation of standards. It is not a broad-based shortcut for every borrower and every property type. It is much more specific than that, and once you understand t...

Last week we talked about property taxes being reset when land changes hands. That is true, but it is not the whole story. One of our listeners, Steve related a personal story which I’m going to share here. He writes: Your property tax episode struck home.  My family owned what started as landfill since 1969 in California.  In the late 90’s it was full and a race track built on it.   The track bui...

Today I want to talk about the benefit of having an AI second brain in your real estate investing business. This is a topic that’s getting more attention lately, and for good reason. There was a recent episode by Nate B. Jones on the idea of building a second brain with AI, and what I appreciate about the discussion is that it goes beyond simple productivity hacks. It gets to something much more f...

Today's show is a live talk that I gave a few weeks ago in Sonoma on how to use AI to gain leverage in your real estate investing business. I know we are talking a lot about AI on the podcast lately. We're doing so because it is so impactful on so many aspects of the business. Enjoy.... ------------- **Real Estate Espresso Podcast:**  Spotify: [The Real Estate Espresso Podcast]( https://op...