The Real Estate Espresso Podcast

On today’s show we are going to talk about one of my favourite real estate development strategies. I call that strategy Buy on The Line, Move The Line. So what is that line? On one side of the line is a hot gentrified neighborhood. On the other side of the line is an economically depressed area. Often, these lines get developed and moved. Over the course of time, a few properties get left behind....

We are starting to look back on the pandemic as one giant bubble. There was the stock market bubble, the lending bubble, the real estate bubble. The pandemic saw demand for certain products multiply. There was a shortage of hand sanitizer. These days, there are pallets on sale at the drug store and Walmart, a sign of unrealistic inventory building by retailers. Clearing out those excesses will be...

Today’s show is another AMA episode. Today’s question comes from Paul who asks: “I have always considered development projects to be high risk. How do you mitigate the numerous risks in a development project?" -------------- Host: Victor Menasce email: podcast@victorjm.com

Today’s show is a deep dive into the world of artificial intelligence. There are a lot of marketing agencies out there that are offering to write content for you for your website, or your blog. The problem with hiring someone to do this work for you is that they are being asked to represent you. But it’s rare to have a ghost writer capture your voice. A ghost writer is not going to be anywhere nea...

Signs of recession are everywhere. These metrics have not been seen in a long time. We are generally conditioned to think of a recession as a negative thing. But frankly, it’s a necessary part of the cycle and as real estate investors we should actually embrace the recession. Imports to the US are down 7.6% in November from the month of October. That’s a huge decline on the basis of a single month...

Out book this month is called "Who Not How" by Dr. Benjamin Hardy. I’m a huge fan of his work. Benjamin Hardy has listed Dan Sullivan as the primary author even though Dan Sullivan didn’t write a single word of the book. Rather, Dan Sullivan is the curator and designer of many of the ideas that underpin the book. Not only is Ben an excellent writer, but his work is well researched and methodically...

This year was a year of managing the unexpected. Jan 1, 2022 was a day of optimism and a fresh start in a new year. The world was on its umpteenth wave of Covid. 0micron was the new word added to the vocabulary. The word endemic was being used and many countries around the world were loosening travel restrictions. I personally have not fully returned to the pre-pandemic average of traveling twice...

The problems at Southwest Airlines demonstrate what can happen when your systems break down. All businesses, including real estate investment business have systems. These systems are designed to have limits. When you go outside those limits, you can’t expect those systems to keep working. For example, our investment management software is currently handling hundreds to low thousands of investors....

On today’s show we are talking about what is coming in the world of energy. So why am I telling you this? This is, after all a real estate show. Well, wherever there is low cost energy, there is economic growth. Wherever there is economic growth, there will be population migration. All of this affects real estate. It’s going to get a lot worse before it gets better. But the good news is that it wi...

On today’s show we are talking about one of the unwritten rules that influences the success of medical facilities. In an ideal world, patients should be free to seek the medical care that is best suited to their condition. If they have insurance coverage, the insurer would pay the bill up to the limits of the insurance plan, and patients would get the best care possible. On today’s show I’m going...

On today’s show we are talking about how to set goals for the coming year. There are two types of goals that you can set. The first are attainment goals. These are the goals that have a specific outcome. It could be something like “Buy a new house for my growing family by December of 2023” Or perhaps “Increase my income to $20,000 a month by the end of the year.” Those are attainment goals. Attain...

In the 1920’s stock market mania was in full bloom. The stock market was so hot that companies were issuing public share offerings at an unprecedented rate. In fact you didn’t even need an operating business to issue a public share offering in those days. The share offerings would sell out regardless making instant millionaires out of the company founders. Here are a few quotes from those days. "W...

Dr. Tom Burns is based in Austin Texas as one of the principals of Presario Ventures a private equity firm that specializes in construction of new apartments. On today's show we are talking about the current macro economic environment and how it's affecting new development projects.  To connect with Tom, visit Rich. Life or email him directly at tom@richdoctor.com. For those in the medical pr...

Today's show is an excerpt from the 2023 annual goal setting workshop. In this segment, we're talking about how to transition a goal into something tangible by putting a concrete plan behind it. Planning can be a daunting process. But it doesn't have to be.  If you follow a few simple steps to avoid the largest planning mistakes, you can create the core a solid plan that you can execute.&nbsp...

On today’s show we are taking a deeper look at what is happening in the world of short term rentals. This industry has become so developed that there are specialists in virtually every aspect of short term rentals. There are products designed to automate so many aspects of owning and managing a short tern rental. There are tools to manage help you integrate the calendars and portals associated wit...

As real estate investors we are often conditioned to focus on rates of return as the primary criteria for investment. The past year has clearly adjusted investor expectations across the board. So far the stock market is down 25% this year. The bond market has been a traditional safe haven. There is no safety to be found in the bond market either. Our own criteria for investing has been steady for...

On today’s show we are talking about global debt and the multiple exit strategies from that debt. Every stream of cash flow must have an exit strategy. When you go to the grocery store and put your groceries on your credit card, the institution who issued the card is lending you money. By the way, I don’t recommend you do this. The path to repaying that loan for most people is their employment inc...

On today’s show we are talking about one of the latest proposals to come from the securities and exchange commission. The proposed new rules which are outlined in a 490 page document that was circulating for comment since last year. Somehow in the middle of the pandemic capturing headlines, this story seemed to fly below the radar. Under the new rules, registered companies, that is, public compani...

On today’s show we are talking about changes in Aging Services. The senior housing category is one of the hottest areas of real estate investing. Unlike regular housing that is just bricks and mortar, senior housing is a service offering built on a real estate platform. A recent workshop hosted by Health Dimensions identified 9 areas for aging services evolution in the upcoming year. On today’s sh...

Tom Staub is based in Austin Texas where he is involved in large scale land development in outskirts of the city. These master planned communities offer features that are not found very often in typical suburban neighborhoods. To learn more, visit redoakvc.com. -------------- Host: Victor Menasce email: podcast@victorjm.com

Kevin May is the founder and CEO of Land Hub (www.landhub.com). His company specializes in land and only land. On today's show we are talking about how marketing land is different from other asset classes.  ---------------- Host: Victor Menasce email: podcast@victorjm.com

On today’s show we are talking about inversions of all kinds. We have an interest rate inversion. That’s when short term rates are higher than long term rates. That’s the market signalling that they believe an economic slowdown is upon us and that central bankers will have little choice but to lower rates when the realization of economic contraction becomes apparent. Higher interest rates have imp...

On today’s show we are dissecting the latest rate 0.5% federal funds rate increase announced Wednesday by Jerome Powell, chair of the Federal Reserve. We have become conditioned to believe that the Fed, acting as the central bank for the world’s reserve currency holds disproportionate power in the monetary system, and indeed in the global financial system. Printing of money is inflationary, and th...

Today’s show is probably going to go down in history as one of the most important shows ever published on this podcast. That sounds like a bold statement. But the more I look at our global financial system, and out global monetary system, I’m increasingly convinced that there are so many time bombs out there, another financial crisis is inevitable. The only thing I can’t tell you is which pin will...

On today's show we're coming to you live from the 2023 annual goal setting workshop. These few minutes extracted from 2.5 days will give you a sense for the factors that enable effective goal setting. ------------------------ Host: Victor Menasce email: Podcast@victorjm.com