The Real Estate Espresso Podcast

In a mastermind, you will often meet new people who each take a few minutes to introduce themselves. On today's show you're hearing a recording of my introduction to a mastermind group. If you're not part of a mastermind, I strongly urge you to make that investment in time and relationship building. 

On today’s show we’re talking about the shift in housing supply during the pandemic and what it means for new builders. Housing starts were up 12% for the year according to data just published by the research team at Fannie Mae. Multi-family starts are down 13.6% compared with a year ago. Total housing starts of all types were up 5.8%. Now through the year we had supply chain disruptions which mea...

On today’s show we’re going to pick up on a story that we covered several months ago. The headlines these days are about Covid-19, it’s impact, and the slow vaccine rollout. The papers are headlining updated economic stimulus plans, the surging price of silver, surging AMC stock prices and the military coup in Myanmar. Frankly, these are all important, but there’s something far more important to p...

On today’s show we’re talking about a book that has changed numerous lives of friends of mine, and quite frankly I’m embarrassed to say that I waited a long time to read it. I waited even longer to recommend it. But we’re here to correct that this month. This weekend I had the privilege to spend an hour with the author of this month’s book on a zoom call. The author’s name is Bob Burg and he was c...

Martin Saenz is a specialist in buying distressed notes in the secondary market. These loans can be the source of huge profits when they are modified and restored to performing status. This is another incredible conversation about investing strategy. To learn more, you can connect with Martin at bqfunds.com

Sam Bates is undertaking a value-add multi-family apartment investment project. The usual tactics of adding value through improvements form part of the forced appreciation. But the addition of a captive high speed internet service is bringing an additional high margin revenue stream which adds nearly $1M to the value of the property while being minimally invasive to the operation of the property....

Some people think that putting money in the stock market is investing. But in the past week we’ve seen the power of social networks to mobilize large numbers of people to undertake an otherwise un-natural transaction en mass, all at once. The nearly dead company GameStop has been making headlines in recent days. A number of people are probably wondering why Gamestop’s stock has been surging. It do...

On today’s show we’re talking about the work from home trend that the pandemic seems to have amplified. Long before the pandemic, the warning signs were there in many industries. On today’s show we’re going to take a closer look at one company that was formed purely with the assumption of zero bricks and mortar locations for the entire company. This company was newly formed EXP Realty, now a publi...

On today’s show we’re talking about relationship building in an era of social isolation. We’re social creatures and there’s nothing like speaking with people and having real conversations with people. I see it with kids who are interacting on role playing games where they will be playing the game in teams, connected by headset and conversing with friends across town or sometimes on the other side...

Today’s another AMA episode, ask me anything. Nicolas from Washington asks: “If I may ask, how do you move things forward and get things accomplished without causing pain or hardships to those around you (in my case my wife) when they are in a slower lane?” Nicolas, this is a great question. I understand that you’re currently trying to balance a full time job, self-care, family, friends and invest...

On today’s show we’re going to take a short trip through the history books. We’re not going back to Roman times, or ancient Greece. Although there are numerous powerful lessons in history that we could easily apply to today’s environment. No. On today’s show we’re going back to the fall of 2019, and then we’re going to go back to the fall of the year 1999. 2019 seems like a distant memory. The eco...

On today’s show we’re going to be replaying a conversation that I had with Adam Taggart on the Peak Prosperity Youtube Channel. Peak Prosperity is an organization run by my good friends Dr. Chris Martenson and Adam Taggart. The Peak Prosperity movement has over 1 million followers and they’re dedicated to helping people build resilience into their lives. I love speaking with Adam. He’s been a gues...

George Ross is well known as former executive vice president in the Trump Organization. He was a judge on the TV show The Apprentice. He taught at the law school at NYU for more than 20 years and is the author of two best selling books on real estate and negotiation. He has represented some of New York's most famous and wealthiest clients. It's almost impossible to drive a couple of blocks in NY w...

This is part 2, a continuation from yesterday's show. Braxton from New Orleans asks: It feels like we are certainly departing from the status quo of the past 10-20 years. I have taken cash out of some of my small rental properties but struggle to re-deploy in more investment properties because prices continue to be pushed upward. There is a mountain of liquidity and increasing competition for inve...

Braxton here from the Greater New Orleans area. I am a long time listener to your show and I find great value in the breadth of content. I really enjoy the show format and this is the one podcast I can commit to on a daily basis. Thank you for all that you do for the Real Estate community. I know it must take an immense amount of effort to produce this on a consistent basis. My question today is o...

On today’s show we’re talking about the need for travel. It sounds strange to say “Need” when we’re talking about travel. According to a report just issued last week by hotel analytics firm STR global for the first week of January. Across the nation occupancy was 37.0% (-28.3%) Average daily rate (ADR)was US$87.97 (-27.1%). Revenue per available room (RevPAR): US$32.59 (-47.7%). These are crushing...

On today’s show we’re talking about what is money, and what is economic output? On today’s show I’m going to put forward a monetary theory that might be worth considering in today’s environment of rampant printing of money. In order for something to be considered money, it has to satisfy three criteria. It must be a store of value It must be a means of exchange It must be easily divisible into sma...

On today’s show we’re talking about foreign exchange. The question is what does foreign exchange tell us about our investments and our point of reference? You might be sitting in your living room as you listen to this podcast. You think you’re standing still, but in truth the earth is spinning at 1,037 miles per hour at the equator, or roughly 70% of that at the 45th parallel. You’re really travel...

Omar Khan came to the world of real estate investing from the world of stock options trading. Today he continues to move capital in and out of stock options, and in and out of real estate. On today's show, we're talking about the merits of various strategies and how it's important to adhere to your investment criteria, even when the market appears to have moved into over-priced territory.  Yo...

Today's show is a conversation with an extraordinary human being. Tom Dreesen has been in show business for 50 years. Along the way, Tom has made over 500 appearances on national television as a standup comedian, including more than 60 appearances on The Tonight Show. He was one of David Letterman's favorite guests and frequently hosted the show in Letterman's absence. He also appeared countless t...

On today’s show we’re talking about water. We’re all attracted to water features on a property. A lake, a pond, a canal, a river. All these water features make a property more interesting than a flat area of grass. In addition to the visual appeal, water brings a positive environmental benefit to a property. It provides a refuge for nature, for birds, fish, frogs, insects, and all kinds of vegetat...

AMA - Anu from San Diego asks: In the current SF real estate boom (last 6 months), the most growth has happened in the luxury end of the market. A new report from Redfin confirms this trend over the past year. Two questions: 1. I would like to know your opinion on why this has happened. 2. Do you think this is a temporary phenomenon or is it here to stay? Anu this is a great question. The pandemic...

On today’s show we’re talking about one of the traps that the market might be luring investors with. When you make an investment in real property, this is often majority funded by permanent financing, usually amortized over a long time like 20-30 years. But if the market window for your demand is short term, then you’re at risk of making a bad investment. I’m hearing reports that cottages and othe...

On today’s show we’re talking about the notion of valuation or what is sometimes called price discovery. I was 13 years old when I got my first taste of price discovery. In Istanbul Turkey there is the largest covered bazaar that comprises over 61 streets and over 4,000 vendors. The vendor was trying to sell me a metal sword and a negotiation ensued. I was a rookie at this, but my father knew the...

Today is another AMA episode (ask me anything). Karla asks: Your book “Magnetic Capital” in my opinion is a quality , easy to follow book. Would you please share your own process to write, market and publish your book? Any highs and lows from lessons learned in the process that you can recommend? Have a successful year. Karla, This is a great question. There are undoubtedly numerous ways to write...