The Real Estate Espresso Podcast

On January 31, the European Supervisory Authority which oversee the European Banking Authority, The European Insurance and Pensions Authority and the European Securities and Markets Authority issued a position paper. The body issued a Joint European Supervisory Authority response to the European Commission’s February 2021 Call for Advice on digital finance and related issues. This 109 page documen...

Jerome Myers is based in Greensboro North Carolina where he coaches students from across the country in how to grow their real estate investment business. To connect with Jerome, visit JeromeMyers.co ---------------------- Host: Victor Menasce email: podcast@victorjm.com

Preston Walls grew up in a real estate family. Today, he builds medium sized apartment buildings in the heart of Seattle. Preston takes a hyper-local perspective to real estate and continues to thrive in an otherwise difficult market. To connect with Preston visits WallsPropertyGroupRE.com. ---------------- Host: Victor Menasce email: podcast@victorjm.com

On today’s show we’re going to look at the insanity of cause and effect relationships that are being promoted in our economic system. I’m an engineer by training. When you look at systems in the physical world, they follow the laws of physics. Galileo understood these principles at an early age when he dropped two cannon balls of different weights from the leaning tower of Pisa. To everyone’s shoc...

I’ve had a number of podcast guests and listeners ask about what it takes to be a guest on this show. On today’s show we’re going to look at two aspects of podcast recording. What I’m going to talk about is equally applicable to a radio show or even video. We are talking about audio quality. I’m often approached by real estate investors to be a potential guest on this show. I would say that I aver...

On today’s show we’re taking a look at housing sentiment. The folks at Fannie Mae conduct some of the best research in the nation. The just published their housing sentiment survey for January 2022 and the results show some interesting feelings about real estate. The survey consisted of 1006 households from Jan 3 to Jan 24. The home sentiment purchase index has a number of components. They look at...

This question comes from Jen in Bulgaria. She asks, I’m preparing to close on a house purchase that forms part of an attached dwelling. The basement apartment is a separate apartment and the lady who lives in the basement has been there nearly 50 years. The attic space which forms part of the main house is a third level. Legally, the attic space is written in the deed as a shared space. This means...

On today’s show we’re talking about a relatively new environmental standard that is increasingly being referenced by government in order to qualify for certain incentives. That standard is called the 2020 Enterprise Green Communities. This standard is being adopted if you want to take advantage of affordable housing credits or affordable housing funding in most states of the country. -------------...

Our guest today hails all the way from Austin Texas where his team invests in commercial office, retail, and shopping centers on a national basis. On today's show we're talking about the focus for thriving in the current pandemic-adjusted market conditions. To connect with Ben or to learn more, visit hjhinvestments.com.  ----------------- Host: Victor Menasce email: podcast@victorjm.com

On today's show I'm speaking with Las Vegas financing broker Beau Eckstein about the Commercial PACE program which provides leading specific to energy efficient buildings. To learn more or to connect with Beau, visit beaueckstein.com. ------------------------ Host: Victor Menasce email: podcast@victorjm.com

On today’s show we’re taking a look at Canada. There was a recent prediction of market collapse of 10%-20%. The prediction came from Canada’s top bank regulator. We also have bureaucrats and politicians out there blaming house flippers for the run up in property prices. So we’re going to take a deeper look at how real estate markets work and see if we agree with the head banking regulator. While t...

On today’s show we’re talking about the shift that is taking place in the world of banking. The landscape in banking varies widely in the US. There are a handful of big banks and still a whole lot of smaller banks. Banking in the US has undergone a tremendous amount of consolidation. Before the financial crisis in 2008, there were over 10,000 banks. Over the past decade, that number dwindled to ab...

On today’s show we’re talking about how demand patterns will change in the wake of the pandemic. How will our world be different post-pandemic. Will people want to dine out the way they did before? I just spent a month in Mexico at a resort with incredibly beautiful restaurants. I have to say, I really enjoyed eating out in restaurants after nearly two years of not experiencing restaurants. Like a...

On today’s show we’re taking a deep look at the book “Rocket Fuel” by Gino Wickman and Mark Winters. In addition to being book of the month, this is a book that we use deeply within the operation of our business. We hold regular weekly and quarterly meetings. The conduct of those meetings is framed through the teachings of this book, along with two other books. Not only that, we have undertaken a...

The day was Black Monday, October 19, 1987. I remember it well. I was 24 years old and I was responsible for the management of the investment holding company that my mother had left behind when she died. I was only 18 years old at the time of my mother’s death. I knew very little about investing back in those days. I studied a lot and fortunately during those five years from 1982 through to 1987,...

On today's show we're talking about how the rising price of energy could impact real estate investors. I love George's wisdom and perspective.  ---------------- Host: Victor Menasce email: podcast@victorjm.com

Ryan Barone is based in NY where he is specialized in developing software to help landlords and tenants with the application process. He is the CEO of RentRedi.com. Today's conversation is filled with insights on the tenant application process.  ----------------- Host: Victor Menasce email: podcast@victorjm.com

On today's show we are looking at two real estate portfolio failures where the principals naively thought they were getting good legal advice. Sadly, I see these situations very frequently.  ---------------- Host: Victor Menasce email: podcast@victorjm.com

Today is another AMA episode (Ask Me Anything). Keeler writes: Hello, what are your thoughts are with 3D printed concrete houses? I have dreamt about starting a company and mass-producing rentals and for-sale homes ever since being in the trades. Building custom homes, schools, apartments over the last 5 years I've seen how slow buildings take to be built, especially when there are better and fast...

On today’s show we’re answering a second part to the short term rental question from the students at Virginia Commonwealth University and their Professor Joe Ridpath. It is true that short term rentals are attracting attention from amateur investors. The promise of a higher average rent compared with the traditional unfurnished lease makes for a stronger business case. But as with anything in the...

On today’s show we’re going to pick apart the Wall Street narrative. In the world of stock investing, there are two schools of thought. There is a portion of the market that buys a stock on the basis of fundamentals. Fundamentals means, is the valuation for the company cheap or expensive based on its ability to generate earnings. What are the earnings multiples? In essence, what is the cap rate? -...

Today’s show is answering a question for the students at Virginia Commonwealth University and their professor Josh Ridpath who has been using the Real Estate Espresso Podcast for course content in their program. Professor Ridpath writes: “My students found your content on the inflationary pressures of the shipping bottlenecks and increased prices for packaging eye-opening. Among my students, sever...

Jacob Garza hails all the way from San Antonio, Texas where he owns and manages a portfolio of approximately 2,800 apartments. Jacob got his start as a founder of a property management software company before selling the company and transitioning into owning apartments. You can learn more and connect with Jacob at jacob@jacobgarza.com or you can visit his website at reepequity.com. ---------------...

Jenny Blake is the author of the upcoming book "Free Time: Lose the busywork, love your business". On today's show we're talking about a few of the central ideas in the book and about some of the factors that are limiting for business owners. Loved this conversation with Jenny Blake.  To order an advanced copy visit http://itsfreetime.com/book ----------------------- Host: Victor Menasce emai...

Today is another AMA Episode (Ask Me Anything). Today's question comes from Joe who writes. "I live outside Boulder Colorado near the small town of Superior/Louisville.  We had just experienced a devastating fire that destroyed over 900 homes.  This comes at a time when inventory, for sale and for rentals, is at an all time low with massive demand (~0.3 months supply in Boulder County)....