The Real Estate Espresso Podcast

Aaron asks, I’ve been listening to your podcast for several months now and really like it. Thank you for all your insight into real estate investing. I was curious do you have an episode where you discuss further about whether or not someone should get their real estate license if they are getting serious about personal real estate investing. If you haven’t answered that question what are your tho...

On today’s show I’m going to share the final segment in this forecast based on highlights from Dr. Duncan’s presentation that I believe are relevant for all real estate investors. On today’s show we’re focusing on new construction. Here we go. People who are currently homeowners are more fearful of the Corona virus and are not listing their homes for sale. Sellers don’t want strangers come into th...

Last week I attended a small private presentation hosted by my good friend Tom Wilson at the BACOMM monthly meeting held in Silicon Valley. The guest speaker was Dr. Doug Duncan, Chief Economist for Fannie Mae. Doug has been a guest on the show before. Doug leads a large team of nearly 200 economic analysts and have consistently won awards for having the most accurate economic predictions anywhere...

On today's show I'm talking with Mike Wolf about strategies for the coming quarter. Mike has been in the business for 31 years and is wintering in Puerto Vallarta Mexico. To connect with Mike, visit MikeWolfMastery.com

Joel Block hails from Los Angeles California where he has been a fund manager for many years, specializing in hedge funds, real estate syndications, and all kinds of businesses. On today's show we're talking about the latest impacts of the pandemic on real estate assets.  You can reach Joel at bullseyecap.com.

Last week I attended a small private presentation hosted by my good friend Tom Wilson at the BACOMM monthly meeting held in Silicon Valley. The guest speaker was Dr. Doug Duncan, Chief Economist for Fannie Mae. Doug has been a guest on the show before. Doug leads a large team of nearly 200 economic analysts and have consistently won awards for having the most accurate economic predictions anywhere...

There is a growing movement aiming to address the perception of racial bias when it comes to housing. The US has a history of racial division dating back to the days of segregation. Those practices were outlawed in 1917 when the US Supreme Court deemed those practices as contravening the law. The law was further strengthened in 1964 with the Civil Rights bill was signed into law by Lyndon Johnson....

Charlie Munger, is Warren Buffet’s partner in Berkshire Hathaway. He’s famous for saying, “Show me the incentive and I’ll show you the outcome.” Society and government alike have been conditioned to think of regulation as the path to controlling market behaviour, to eliminate so-called “bad behaviour”. The internet is the great equalizer that has broken many business assumptions. We live in a phys...

On today’s show we’re talking about the dangers of stock market manipulation and why every investor who has exposure to the stock market needs to pay attention . The performance of the stock market is a phrase that makes no sense. What we’re describing is the aggregate performance of the underlying companies that make up the stock index.  There are a few things that determine company value. F...

Natalia says, “I have a property that is my personal residence that I’m looking to rent out as an entire property on a short-term basis. I also have several condos that I own that would do better as a short-term rental than as a long-term rental. How do I decide on pricing a nightly rate?” Natalia this is a great question. It’s also a huge question and I’m going to try and condense about an entire...

Sharon Restrepo is based in West Palm Beach, Florida. On today's show we're talking about market cycles and how to recognize the four phases of the market cycle. You can Sharon at takingthelandinvestors.com.

Chris Miles is based in Salt Lake City Utah. He made the transition from the monolith world of insurance and financial planning to main street investing in hard assets. He's committed to stopping the speculation and leveraging boring proven strategies that work repeatedly and predictably. You can reach Chris at moneyripples.com or listen to the Chis Miles Money Show on your favorite podcast platfo...

Danielle asks: "I am considering purchasing a 4 unit apartment building that is approved for higher density to six apartments. How do I know what is a fair price to pay for the property?" Danielle, this is a great question. When we buy real estate for a long term hold, or a quick sale we use a very similar approach that is pretty standard in the industry. The method is called “Residual Land Value...

Today is another AMA episode - Ask Me Anything Danielle asks: "I am considering purchasing a 4 unit apartment building that is approved for higher density to six apartments. How do I know what is a fair price to pay for the property?" When we buy real estate for a long term hold, or a quick sale we use a very similar approach that is pretty standard in the industry. The method is called “Residual...

On today’s show we’re talking about whether diplomats from a foreign country are immune from complying with landlord tenant rules. When a foreign diplomat approaches your property manager seeking to rent a house or apartment from you, several thoughts might cross your mind: What do I do if this person defaults on the lease? Will I ever be able to get them out of the property? Do I have to rent to...

Our Book of the month is “To Do List Formula: A Stress Free Guide To Creating To-Do Lists That Work “ by Damon Zahariades. This is one of 11 books by the author. All of his books are centred around the topic of personal productivity, a topic that he clearly has studied deeply. We’ve all experienced the frustration that comes from having that 15 minute task that ultimately took 2 weeks to complete....

On today’s show we’re talking about Radon, but there are a number of examples of things that  that cost far less to build into the design of a new project when compared with adding them after the fact. Radon is a colorless odorless radioactive gas that exists in the ground, almost everywhere. It poses a health risk to humans because in today’s highly insulated homes, you can get a buildup or...

Lisa Haisha is an author, actor, model, real estate investor, producer, director, angel investor, philanthropist, therapist, coach. It's rare to find someone who can effectively operate in so many different domains. Today's show is not real estate focused, but rather spending time to understand Lisa's journey and how opportunities opened up for her. Her approach is so unconventional that there are...

On today's show our guest Christian Szpilfogel is talking about how some of the newest innovations in automation can make the life of a property owner so much easier. We're talking about smart connected devices like thermostats, cameras, water meters, and a large variety of alarms. You can connect with Christian at christian@aliferous.ca.

On today’s show we’re talking about what happens when there are multiple levels of government involved in the purchase of a property. It’s common these days to find properties that are outside the boundary of a municipality. In that case, the rules are set by the county in which the property resides. But there are so many cases where multiple levels of governing bodies are involved and it’s incred...

Happy Thanksgiving to our US listeners. Canada has its Thanksgiving about 6 weeks earlier. That’s because our growing season is shorter than the US with our more northern climate. The concept of Thanksgiving exists in most cultures around the world. The Harvest Festival of Thanksgiving does not have an official date in the United Kingdom; however, it is traditionally held on or near the Sunday of...

Today is another AMA episode (Ask Me Anything). Ryan in Los Angeles asks: “I'm astounded by your prolific podcasting and breadth of knowledge. You seem to be inside my head in that whenever I think of a question to ask, I usually find the answer by listening to earlier episodes of your podcast. Please keep up the amazing work. Where do you go to or what do you use to curate your summary of daily o...

From time to time we come across the weird and wonky news story. Today’s show is precisely one of those. It’s one of those stories that seems to defy logic. But then again, in the litigious good ol USA, even the most seemingly benign things can be cause for a lawsuit. The owner of Ivy Lane Apartments in Bergenfield New Jersey settled a discrimination complaint and agreed to pay $30,000 to a man wh...

On today's show, I’m making a prediction on the economic outlook for Q4 and the broad impact I project it to have on real estate markets. The economy in Q4 is going to take a hit. We saw a resurgence of employment, a modest increase in consumption and a return to limited travel in Q2 and Q3. But new unemployment claims remain historically high. Prior to the pandemic, the US economy registered an a...

Dax Mitchell is based in Fort Worth Texas where he specializes in industrial assets. On today's show we're talking about the various segments of the industrial market and the market outlook that has emerged in a hot segment. Dax can be reached at Mag Capital Partners. His website is magcp.com and he can be reached by email at dax@magcp.com.