The Real Estate Espresso Podcast

While the August numbers for unemployment look encouraging, there are signs on the horizon of a fresh wave of corporate layoffs that will deal another blow to the global fragile economy. Some of the layoffs are merely announced and have not taken place yet, so they won’t appear in the official statistics until September, October, and in some cases after the US election. Some businesses in the reso...

Carina Guzman hails from Ottawa Canada where she specializes in all forms of land development. This includes land assembly as well as raw land development. In particular she has specialized in transit oriented land plays. This is a very smart strategy that can work in any community that has a strong transportation infrastructure. 

Melanie Finnegan is based in Orem Utah where she specializes in tax lien investing, specifically on land. You can learn more at taxlienprocess.com or at taxlienwealthsolutions.com. Today's conversation was packed with valuable strategies on how to multiply your investment. 

We’ve been saying it for a while. There is no such thing as returning to normal. What will emerge from this pandemic is a new normal. Exactly what that will look like is anybody’s guess. But there are some clues that the pandemic has amplified. If you are the Owner of Class A office space, that has become a hazardous occupation. Existing deals are getting undone on a weekly basis. Back in May, Sho...

Today is another AMA episode. Carolyn asks. I’m not an expert in Excel and I paid to purchase an Excel based tool for analyzing multi-family apartment projects. I’m still learning about everything the tool can do. What is your recommendation for analyzing project? Carolyn, this is a great question. In my experience, there are several different types of analysis that need to be performed depending...

Today is another AMA episode (ask me anything).  Kristi from Dayton Ohio asks: I had to let my most trusted foreman go. I was really sick for 3 months last March and this man became my right hand man. I let him have more control of my job sites than I normally give any employee because I trusted him. He also became our friend and would frequently send food and candy home for me and my husband...

Our book this month is Dream Big by Bob Goff. Bob is someone who lives his own life out loud. After graduating law School, Bob decides to take a 3 month vacation with his family and visits a remote part of British Columbia. He has taken the personal initiative to build a lodge in a remote ares of British Columbia. He buys a 2500 acre parcel of land and spends 5 years building the lodge. On a visit...

Today is another AMA episode - “Ask Me Anything”. David asks, I know that every year you have a goal setting workshop. You most likely established some very detailed short and long term goals. How have these goals been impacted with the current change in world events? David, That’s a great question. 2020 is emerging for many as one of the most uncertain years in recent memory. It started with the...

Chris Arnold is a real estate investor based in Tulum Mexico. He's a specialist in using old fashioned radio to market his real estate business. Today's conversation on using radio is packed with wisdom on how to market effectively. You can learn more or reach Chris at wholesalinginc.com/reiradio

David Holman is based in Portland Maine where he runs Holman Homes and Katahdin Property Management. On today's show we're talking about the experience of renting to new immigrant families.  You can reach David at KatahdinManagement.com. Such a great conversation.  

In June of 2019, the Securities and Exchange Commission issued a draft working paper in which they solicited feedback on a possible change to the definition of an accredited investor. The idea was to increase the number of investors who would be eligible for making main street investments. Over the span of several months, the SEC collected input from the investment community. Thousands of people s...

On today’s show we’re bringing you an up to the minute update on the major hurricane that slammed into the Gulf Coast overnight. We’re talking about a major category 4 storm called hurricane Laura. About half a million people were evacuated from the low lying coastal area. Some people I spoke with drove as far as Austin Texas, 5 hours away in order to find a hotel room. We have several projects in...

On today’s show we’re talking about what is happening in the world of hospitality. The American Hotel and Lodging Association is an organization that represents the hotel industry in North America. The AHLA reports that since the public health issue began escalating in mid-February in the U.S., hotels have already lost more than $46 billion in room revenue. This figure is devastating wit...

My friends Jarrrett and Raja are magicians. They live in Las Vegas and they’ve had a magic show at the Stratosphere Hotel. They’ve been semi-finalists on America’s Got Talent. They’ve been featured frequently on the TV Show Masters of Illusion. They’ve even appeared on the TV Show Shark Tank. I’m sorry to disappoint you that when the canvas booth goes up in flames and the girl disappears from the...

Today is another AMA Episode (Ask Me Anything).  Paul asks: "I have been acquiring gold/silver since December of last year. Outside of a small physical holdings possession what do you recommend for storage for a larger portion of your holdings? I have heard Russel Gray talk about holding gold/silver and then borrowing against it to buy real estate. I love the idea but my search hasn’t found a...

Ari Rastegar specializes in upgrading and repositioning multi-family apartments to A-Class finishes at discounted prices in secondary markets. He's based in Austin Texas which is on the cusp of becoming the 10th largest metro in the US. You can reach Ari at https://rastegarproperty.com/ .

Today's show is an excerpt of a conversation with George from earlier this week. George taught negotiation in the law school at NYU for over 20 years.  The outline of his course formed the basis of his best selling book on negotiation, which was published in 17 languages by John Wiley and Sons. On today's show, we're looking at a real life case study on how to negotiate the purchase of a prop...

On today’s show we’re talking about a new policy that positively affects owners of short term rental properties. As of August 20, 2020, Airbnb announced a global ban on all parties and events at Airbnb listings, including a cap on occupancy at 16. This party ban applies to all future bookings on Airbnb, and it will remain in effect indefinitely, until further notice. Today’s show is an excerpt of...

On today’s show we’re going to take a brief history lesson for the year 2020. We saw the first outbreaks of the pandemic in China, followed by countries where the infection had spread. These included Korea, Italy, Japan, Spain and France. Soon after followed Switzerland, Belgium, Sweden, the US and Canada. For much of the Winter and early Spring, North America was about 3 weeks behind what was hap...

On today’s show we’re talking about what it takes to increase profitability or reduce the cash burn rate in the pandemic environment. Many businesses have taken advantage of the government programs that have provided emergency funding. But the indications are that emergency government funding is going to reduce or come to an end over the coming months. Now is the time for businesses to tighten the...

While I don’t pay close attention to the stock market, there are a few rare exceptions that are worth noting. One of them is Warren Buffet’s Berkshire Hathaway. Buffet and his partner Charlie Munger don’t invest in the stock market. They buy companies, and happen to trade the shares through the stock market if they’re publicly traded companies. Berkshire Hathaway filed their 13F form with the SEC...

On today’s show we are talking about how the narrative in your mind is selecting the data from which to make decisions. To properly frame today’s discussion, we need to look at two things: The data itself The way you process the data Let’s start with the data. There is no question that the data showing up in the market is contradictory in so many ways. We have the stock market in record territory...

Today's guest went to Stanford Business School in 2011 and started an online used car company after graduating in 2013.  Nicholas  raised a total of $10M, went through the startup accelerator Y-Combinator and sold his business to Carvana in 2017. After the sale of his company, Nicholas started investing into real estate projects in Phoenix. The founder realized that real estate is a fant...

Gary Pinkerton's career trajectory into real estate was definitely not typical. He spent 26 years serving as a Submarine Officer in the U.S. Navy, including commanding the nuclear attack submarine USS TUCSON from 2009-2011 and retiring as a Captain. On today's show we are talking about making career transitions in mid-life and how to navigate the uncertainty of that transition. You can learn more...

On today’s show we’re going to ask a fundamental question about business structure. I’m not going to answer the question. But give you something to think about. The potential problem arises when you have a mismatch between a short term revenue commitment from your customers and a long term expense commitment in your business. These situations arise all over the industry. Starbucks signs a multi-ye...