The Real Estate Espresso Podcast

Mike Kaeding is based in the Twin Cities in Minnesota. On today's show we are talking about cost effective construction techniques. To connect with Mike or to learn more, visit Norhart.com.  ------------- Host: Victor Menasce email: podcast@victorjm.com

Many of you know me as the host of the Real Estate Espresso Podcast. By day, I’m the senior partner at Y Street Capital. We have several projects underway that are open to accredited investors residing in the United States. If you’d like to learn more, you can visit ystreetcapital.com/investors. The information is not publicly available. But you can register to join our portal and learn more about...

On today’s show we are taking a closer look at the impact of the earthquake in Turkey and Syria. We’ve all seen the images of collapsed buildings, of piles of rubble. The impact on those whose lives were lost and those whose lives were disrupted is staggering. We’re now hearing reports of developers being arrested. Let’s be clear, this was a powerful earthquake. A 7.8 magnitude quake is 10x more p...

On today’s show we are taking a look at how some changes to the building code are driving significant new costs. Buildings are becoming healthier than they once were. It’s desirable to insulate a property in order to maximize efficiency. However, these highly sealed homes and offices can also build up toxins or behave in unexpected ways. If you like to cook, then chances are you want to have an ef...

Federal Reserve officials like to call their decisions “data dependent.” Business leaders say it a little differently, often “data driven.” All well and good but does anyone really say otherwise? “To say you prefer seat-of-the-pants guesswork” doesn’t typically impress investors. So of course, people claim to be data-driven, even when they aren’t. Even worse, you can sincerely  think  yo...

On today’s show we’re talking about diversification. You’ve all heard the conventional wisdom. Diversify your investments and you’ll be safe. But if we look at today’s environment, the traditional diversification doesn’t seem to be delivering the safety that investors are looking for. If you have a percentage of your funds in the stock market, and a percentage in real estate, a percentage in bonds...

Pete Reese is based in San Diego California where he specializes in flipping land on a national basis. On today's show we are talking about this niche where many parcels of rural land are neglected, unwanted, inherited, and otherwise under-utilized or under-valued. To connect with Pete or to learn more, visit turningprofit.com ------------------ Host: Victor Menasce email: podcast@victorjm.com

Sean Caulfeild is a lawyer with the law firm LMSLaw where he practices real estate and corporate law. On today's show we're talking about several different types of property fraud and how to avoid them. If you have an experience with property fraud, we'd love to hear about it. Send an email to podcast@victorjm.com and share your story.  ------------ Host: Victor Menasce email: podcast@victorj...

There are government studies like the census which show migration patterns. These are comprehensive studies that focus on completeness. But there are other studies from moving companies and from U-Haul which illustrate migration patterns in a statistically significant way. The numbers might not be comprehensive, but they show the trends. Allied Van Lines issued their migration report for 2022 whic...

On today’s show we are talking about two different construction costs in the same location. We are vacationing in Mexico for a few weeks and naturally the topic of real estate comes up in conversation as it does. Our waitress by the pool is in the process of building a new house for herself and her husband in Playa Del Carmen. She shared what she spent for the land and the cost of constructing her...

On today’s show we are taking another look at energy markets. Many of you might know that my professional training is an electrical engineer. I understand physics, and energy in particular at a deep level. This is an area of such importance that I continue to study it deeply. When we look at the economy, there is a direct correlation between every unit of economic output that forms our gross domes...

You can't make this stuff up. On today's show we are taking a deeper look at the incredibly strong January jobs report that 517,000 jobs were created in the month of January in the US.  The report was at odds with the daily reports of layoffs in multiple industries across the nation. So why do we care about this? After all, we’re real estate investors. Well, the Federal Reserve is setting int...

On today’s show we are examining a legal case involving Nick Sirianni, head coach of the Philadelphia Eagles. Nick is best known for leading the team to this year’s Super Bowl. The Eagles did not win the Super Bowl in as a result of a field goal by the Chiefs in the final seconds of the game. But no matter what happens on the field, Sirianni has already made a huge impact in the world of real esta...

Fernando Angelucci is focused on the world of self storage. We're talking about winning strategies in today's environment. To connect or to learn more visit  www.ssse.com  or call Fernando directly at (630) 408-8090. ---------------- Host: Victor Menasce email: podcast@victorjm.com

George Bravante is based in the Central Valley in California. After spending a career in accounting and private equity, he moved to California to complete an acquisition. The intent was to stay just a year, which quickly turned permanent. Along the way he acquired thousands of acres of prime farm land. On today's show we're talking about agricultural investing. To connect with George and to learn...

On today’s show we are talking about construction defects that require a series of solutions to ultimately correct. ------------------ Host: Victor Menasce email: podcast@victorjm.com

Waterfront property can be some of the most sought after property in the world. This despite the added complexity and risks of owning waterfront property. The shoreline can be constantly changing, whether it is a fresh water situation or by the sea. You may have a survey for your property. But in most cases, you don’t own the shoreline. The shoreline is usually publicly accessible property, at lea...

Today is another AMA episode. Today’s question comes from Ryan in Los Angeles who is asking about whether it is better to adapt an existing building for senior housing, or whether it is better to build new? --------------- Host: Victor Menasce email: podcast@victorjm.com

National Property Management software firm Yardi is one of the premier software systems used by the majority of the large scale property management companies. The data is hosted by Yardi on their own servers. As a result, they have access to a lot of data on their servers. Yardi Matrix is their brand name for their data products. Yardi published their National Self Storage report at the end of Jan...

On today’s show we are doing a deep dive on a new report from Real Estate brokerage and consulting firm Cushman & Wakefield. They recently published a new study on construction costs for industrial facilities based on a survey of construction costs in 43 markets across North America. We keep hearing about how construction prices have been volatile in the past couple of years. The truth is, som...

Jorge Contreras is based in Orange County California where he specializes in owning, managing, and consulting in the field of short term rentals. On today's show we are talking about the changing landscape in short term rentals and how to mitigate the risks. To connect with Jorge, visit https://www.instagram.com/thejorgecontreras/ --------------- Host: Victor Menasce email: podcast@victorjm.com

Sam Kwak is one of the Kwak brothers on the The Kwak Brothers YouTube channel. On today's show we're talking about building a following using media like YouTube. To learn more you can visit the Kwak Brothers YouTube channel at https://www.youtube.com/@TheKwakBrothers/featured ----------------- Host: Victor Menasce email: podcast@victorjm.com

Today’s AMA (Ask Me Anything) question comes from Ryan in Los Angeles who asks: What are the major components of a market feasibility study for senior housing and what do you consider strong indicators for a viable market? ------------ Host: Victor Menasce email: podcast@victorjm.com

On today’s show we are taking another look at interest rates. Global credit markets seem to be at odds with the Federal Reserve’s hawkish statements. Jerome Powell announced on Wednesday another 0.25% interest rate increase in the federal funds rate. We heard the same messages yesterday that we heard back in December at the last rate increase. The Fed set forward guidance for another rate increase...

Happy first of the month. On the first day of each month we review the book of the month. It’s not often that we get to reflect on timeless lessons. But that is just what “The Obstacle is the Way,” by Ryan Holiday does. The opening examples in the book draw upon Marcus Aurelius and John D Rockefeller or General Ulysses Grant. The common characteristic of these three men and many others, was an alm...