The Real Estate Espresso Podcast

Brian Briscoe was a US Marine Lieutenant Colonel who is now a full time real estate investor. On today's show we're talking about the skills bridge program that exists to help military personnel transition from service life to the private sector. Similar programs exist in both the US and Canada.  To connect with Brian and to learn more, visit fouroakscapital.com.  ------------------- Hos...

This is the December 25 edition of the show. Merry Christmas to all our listeners of the Christian faith. On today’s show I’m doing some gratitude work. I was taught this by my good friend and mentor Kyle Wilson. Kyle is a past guest on this show and he’s best known for being founder and CEO of John Rohn International where he was Jim Rohn’s business partner for 17 years. There is no doubt that ma...

On today’s show we’re talking about math. That’s right math. We humans are used to linear thinking. It’s how many of us interact with our physical world. When you double the distance, it takes twice as long to get there. If the price goes up by a dollar, you need to take one more dollar out of your wallet. This is all linear thinking. This is the way we are used to seeing the world. We are not acc...

On today’s show, we are talking about buying in a fringe area. Today’s show is cautionary tale. As you know, I’m a proponent of the buy on the line, move the line strategy. That line exists in nearly every city in North America. On one side of the line is a hot neighborhood. There are expensive properties, desirable amenities like coffee shops and art galleries. On the other side of that line, you...

On today’s show we’re talking about how the current labor shortage is affecting the world of employment, and therefore by extension the world of real estate. We’re still in the middle of a pandemic. But despite the historically low unemployment rate, we have a labor participation rate of 61,8% that is is down sharply from pre-pandemic levels. If you go back to the 1960’s we had labor participation...

On today’s show we’re talking about another spike in lumber prices that will affect housing starts and renovations all over North America. Anyone who has built anything in the past year has suffered the sticker shock of high lumber prices. Prices back in May of 2021 peaked at over $1,700 per thousand board foot. That measurement is the commodity price for softwood lumber on the futures exchange. M...

On today's show we're taking a close look at why the supply chain disruptions are not being solved.  ------------------------ Host: Victor Menasce email: podcast@victorjm.com

George is a repeat guest on the show. He's spending time in Delray Beach to get some warm weather instead of being hunkered down in NYC. On today's show we're talking about how to underwrite in the current environment.  ------------------ Host: Victor Menasce email: podcast@victorjm.com

Galen Hair is based in New Orleans, Louisiana where he specializes as an insurance litigator. On today's show we're talking about how to figure out if your insurance policy is worth the paper it's written on. To connect with Galen or to learn more, visit InsuranceClaimHQ.com. -------------------- Host: Victor Menasce email: podcast@victorjm.com

On today’s show we’re talking about interest rate fundamentals. Some people come from the school that interest rates are set by central banks. While central banks play a leadership role in rate setting, they don’t actually set the interest rates. Those rates are set by the open market, irrespective of what the central bank dictates. On today’s show we’re going to look at examples which will hopefu...

When you are in the design and development world, the challenges are daily and the rewards are infrequent. Well, today was one of those days when I got to go to sleep feeling accomplished. Yesterday, our project, The Sage Oak of Lake Charles was announced as the national winner of the 2021 Senior Housing News Architectural Design Award competition in the Memory Care category. As a developer, I’m t...

Getting products from A to B has always been an issue for anyone in business. It used to be the case that you had to buy products through a channel. In the good old days, stores like Sears, Kmart, Walmart and Bloomingdales were the channels of choice. Today, businesses all over are taking advantage of new channels. Channels that didn’t exist a few years ago are dominant. For home furnishings, Dire...

On today’s show we’re talking about uncertainty. We can all agree that not everything in life is predictable. Life is full of surprises, some of the pleasant, and some of them not. It’s been said that a confused mind doesn’t buy. That’s particularly true in the world of investing. Investors seek clarity. Things that are too complicated, have too many variables, or have large unknowns are off the t...

Today is another AMA episode (Ask Me Anything). Today's question comes from Matthew. Victor! Your podcast provides a wealth of knowledge. I really appreciate your honesty and insight into this industry. I was curious if you had any episodes about your opinion of the type of real estate investment, other than REITs, that allows the least maintenance involved to keep the business operating/most pass...

On today's show we're coming Live from Banff in the Rocky Mountains and we're talking about the dynamics of short term rentals. 

Scott Carson is an expert in buying distressed loans and engineering value improvements to these loans.  You can connect with Scott at WeCloseNotes.com. Or you can sign up for a complimentary seat at their weekend note closing workshop at noteweekend.com where you can attend the workshop for free with the promo code "victor".  ------------------------ Host: Victor Menasce email: podcast@...

On today’s show we’re talking about underwriting multi-family apartment deals. Earlier this week I attended a presentation from the CEO of a software development company that had developed tools for real estate investors to analyze the investment quality for multi-family apartment deals. The software seemed fairly sophisticated and capable of analyzing a number of scenarios. But if you remember la...

On today’s show, we’re talking about a topic that is near and dear to my heart. This week and all week, my company is offsite working on goal setting. This is a process of values clarification and values alignment. Once you’re clear on your values, then setting goals is much easier. But along the way, you might discover that you’re not living your life in alignment with your values. This is a deep...

Central governments have become experts at coming up with good excuses for doing the wrong thing. On today’s show, we’re talking about the impact of a changing world order and how this will feed further inflation and the possibility of economic collapse. The global geopolitical landscape is changing as China’s ambition to become the dominant global empire will change global trade, Russia’s ambitio...

On today’s show we’re talking about how to secure product in a time of scarcity. Supply chain disruptions are happening all over North America right now. This is affecting everything from electrical switches to plumbing fixtures to windows. Several window manufacturers are quoting 16-20 weeks lead time. Subcontractors are busy and scheduling the labor component is also challenging. Construction pr...

As investors we’re on the lookout for assets that escalate in price over time. If that price escalation is predictable, then you have the makings of a sure fire investment. Many investors take the stance of looking retrospectively and attempt to use history as a predictor of future performance. Imagine looking at the chart of a commodity like copper or gold or lumber or platinum. You would see a g...

Dr. Allen Lomax is the host of the Steed Talker Podcast. On today's show, Allen is the host of the show and I'm the guest. We're talking about how to create opportunities at will.  --------------------- email: podcast@victorjm.com

Cody Bjugan is based in Scottsdale Arizona where he specializes in land entitlement nationwide. His education company vestright.com is entirely dedicated to value creation by converting raw land to land entitled for development. You can learn more by downloading his white paper at vestright.com/land101. ---------------- host: Victor Menasce email: podcast@victorjm.com

You might own a parcel of land free and clear. You have a construction project planned for your property and you know that you will have to eventually get a construction loan. Securing a construction loan can be a lengthy process and it’s tempting to get start the construction before you get the loan in order to save time. But contrary to what might seem like common sense, this time saving tactic...

We often business owners buy a software package or subscribe to a software service and then fail to properly integrate it. The software is sold on the basis of offering a solution to a problem. But there is a fallacy in this way of thinking. Software can only implement a business process. Sometimes the software assumes a business process that doesn’t match the business process in use in the busine...