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Welcome to The Real Estate Espresso Podcast, your morning shot of what's new in the world of real estate investing. Join investor, syndicator, developer, and author Victor J. Menasce as he shares his daily real estate investment outlook. Our weekday episodes deliver 5 minutes of high-energy, high-impact content to fuel your success. Plus, don't miss our weekend editions featuring exclusive interviews with renowned guests such as Robert Kiyosaki, Robert Helms, Peter Schiff, and more.
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Welcome to the Jas Takhar Podcast (Formally The REC Experience Podcast). In an energizing show, Host, Jas Takhar, speaks to business leaders such as Gary Vaynerchuk, Bob Proctor, Patrick Bet-David, Manjit Minhas, and Robert Kiyosaki, who provide their best practices, strategies, tips, and mistakes all with the hope of inspiring you to take control of your own journey. Through our interviews with real estate experts, round table discussions with like-minded businesspersons and in-depth discus ...
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Brad Smotherman is based in the Florida panhandle where he operates a large scale, nation wide real estate business. On today's show we are talking about the complexity that is the enemy of scaling a business. To connect with Brad or to learn more, search for Investor Creator on Instagram, and check out the Investor Creator Podcast. ------------- *…
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On today’s show we are talking about how to find good data. Last night I hosted an event and invited the Keynote Speaker from Costar to present to our audience. It was a great presentation and the speaker had lots of relevant statistics that would be of interest to anyone in my local market. There were numbers on multi-family apartments, on office,…
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On today’s show, we are looking at what global commodities prices are telling us very clearly about the global economy. You can manipulate inflation numbers. You can adjust GDP numbers. You can even fudge the unemployment rate. But what thing we know beyond a shadow of a doubt is that when demand exceeds supply prices rise, and when supply exceeds …
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On today’s show we are talking about storm preparations. Hurricane Francine is making landfall along the Gulf coast as we speak. Our team owns and operates multiples properties along the Gulf coast. When a tropical system starts to form in the Gulf of Mexico we take notice and pay attention to the storm track several times a day. Preparation involv…
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We’ve all heard the rhetoric. The US has the best health care in the world. That’s true for some who can afford to pay for it. But on average, that’s not true. On today’s show we are going to look at a report published by the Commonwealth Fund a little over a year ago. It was also reported in the American Journal of Managed Care earlier this year. …
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On today's show we are talking about a globally synchronized economic slowdown. Canada reported its employment numbers late last week and the Canadian unemployment rate rose to 6.6%, the highest level in 7 years. We reported last week that the We got the latest employment report for the US on Friday. The BLS reported numbers for the month of August…
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Tony Lopes is based in New Hampshire, but invests in the sunbelt of the US. On today's show we are talking about the macro trends that will affect demand for rental housing in the next decade. To connect with Tony, email him directly at tony@dirtybootscapital.com or visit his website at https://dirtybootscapital.com/ -------------- **Real Estate Es…
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Chris Lento is based in Boston, and his firm is investing in multi-family assets in the Southeast. On today's show we are looking at his assessment of the market conditions. You can connect with Chris at his firm EM Capital Group at emcapitalgroup.com --------------- **Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](http…
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On today’s show we are talking about invasive species of plants that can play a role in your due diligence when purchasing property. The first one I’m going to cover today is Wild Parsnip. Wild Parsnip is an invasive plant native to Europe and Asia. Like giant hogweed and other members of the carrot family, it produces sap containing chemicals that…
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On today’s show we are seeing another central bank drop their benchmark lending rate. The Bank of Canada dropped its benchmark interest rate for the third time in a row, leaving the rate at 4.25%. This is in stark contrast to the US Fed Funds rate which remains at 5.25%-5.5%. Each country seems to behave like they are economic islands. But we have …
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On today’s show we are taking a closer look at a new and emerging trend in building construction. This is a newer segment which fills a gap in the definition of building types. At one end of the spectrum for senior housing you have a simple market rate apartment which offers no services and will usually include basic amenities. As adults age, they …
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On Thursday evening I passed by New York’s leaning tower. We’ve all heard of the Leaning Tower of Pisa. The modern day equivalent of that is the Millennium Tower in San Francisco. That building is leaning nearly 60cm, a little over 2 feet. Several attempts have been made to stabilize the Millennium Tower by underpinning the foundation and have actu…
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This question also comes from Chris who is asking a follow-on question from last week’s question on apartment turnover. Last week Chris was asking about how long to budget for making a unit rent ready. So here is his question. “If the average apartment turn requiring cleaning and “light repair” is around $2,000 shouldn’t the tenant security deposit…
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Nate Silver's The Signal and the Noise: Why So Many Predictions Fail—But Some Don’t is a fascinating exploration of the art and science of prediction. In a world flooded with data and overwhelmed by uncertainty, Silver’s work sheds light on why so many forecasts go wrong and how we can improve our ability to make accurate predictions. -------------…
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Mark Livingston is based in Houston Texas. On today's show we are talking about storage in Houston and a collaboration between Mark and our development firm Y Street Capital. We will be hosting a webinar this coming Wednesday at 6PM CDT, 7PM EDT to share more details about this upcoming project. To register for the webinar, visit https://event.webi…
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Today’s episode is another AMA episode. Today’s question comes from Chris who asks: What is an acceptable apartment-turn timeframe (how many days should it take to fix and be ready for next tenant) and how much should those make-ready costs look like between tenants? ----------- **Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso P…
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At Y Street Capital we bring in young professionals from time to time to work as interns on a part time basis to learn more about real estate investing and development. These unpaid internship positions foster a win-win relationship that can often accelerate the learning for a young adult. At Y Street Capital we are looking for a research assistant…
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On today’s show we are talking about air rights. Air rights refer to the legal ability to control, lease, or sell the space above a property. Traditionally, property rights included not only the land and any buildings on it but also the air above and the ground below. The concept of air rights date back centuries and are ingrained in common law. Th…
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For the past several months I’ve been predicting that the Fed will need to pivot on their interest rate policy. As recently as Thursday of last week I predicted that the Fed would have no choice but to drop interest rates based on labor market weakness. I also predicted that we would hear some meaningful update at the Jackson Hole conference in Cha…
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Hubert Johnson is a tax lawyer with Guardian Tax Law based in Tucson Arizona. On today's show we are talking about resolving problems with properties that have tax liens filed against them. You can reach out to Hubert at 520-526-9850 or visit their website at guardiantaxlaw.com -------------- **Real Estate Espresso Podcast:** Spotify: [The Real Est…
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George Ross was executive vice president in the Trump Organization for many years. On today's show George shares his perspective on the current election. ---------------- **Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1) iTunes: [The Real Estate Es…
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On today’s show we are talking oil and gas investing. I recently had an investor ask about investing in oil and gas. So on today’s show I’m going to tell you the story of my foray into the world of drilling oil wells in the back woods of Kentucky. ---------------- **Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https:/…
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If you’re been listening to this show for a while, then you will know that I’ve been saying consistently that the jobs data being reported by the Bureau of Labor and Statistics in the United States cannot be correct. Now think about it, here is a real estate developer who happens to live in Canada stating pretty boldly that the US government is rep…
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I'd like to invite you to be my guest for a sunset cruise in NYC on August 29 from 4PM to 8PM. We will depart from the East River and tour the Hudson River with stunning views of the NY skyline. There will be great conversation, fine cuisine, and a few presentations on alternative investments. If you're interested in learning more, send an email to…
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I'd like to invite you to be my guest on board a tour of the Hudson River in NYC on Aug 29 from 4-8PM. We will depart from the East River in Lower Manhattan. This exclusive event is for accredited investors only. There will be great conversation, fine cuisine, an incredible view of the NY skyline and a few presentations on alternative investments. …
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Today’s show is another in our beginner series. On today’s show we are talking about what makes a site suitable for development. A location might seem perfect in terms of proximity to amenities, demand for housing in the area, good schools, When I look at a site I’m considering the density that would be desirable in that location and the density al…
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Nic DeAngelo is based in Southern California where he invests in multiple asset classes. On today's show we are focused on his favorite segment - Industrial. To connect with Nic and to get access to their studies, visit https://saintinvestment.com/resources/ ------------- **Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast]…
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Brandon Burns has completed more than 4000 Section 1031 transactions so far in his career. On today's show we are talking about some of the pitfalls associated with the 1031 as well as techniques to build additional safety into 1031 transactions. To connect with Brandon you can call the office directly at 858-331-0131 or email him at brandon@vangua…
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On today’s show we are looking at the new NAR rules that take effect on August 17 as a result of the class action lawsuit affecting real estate brokerages in the US. ------------ **Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1) iTunes: [The Real E…
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On today’s show, we are taking a look at the latest consumer price index reading for the month of July in the United States. July was the fourth straight month of declines in the consumer price index with a month over month increase of 0.2% an annual rate of 2.9%. As real estate investors, we pay attention to this because of the influence it might …
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Today’s show is covering a story that is coming out of the UK. It’s a warning to all real estate investors. While the story has not hit the US or Canada yet, I personally think it is only a matter of time. I’ve done a bit of research on the technology. Promoters of the technology rave about the high insulation value, the excellent performance with …
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This question comes from Michael who writes: One that I struggle with is as follows. Since my non qualified investments are mostly in index funds and mutual funds, my ability to deploy them for investing is limited. I can of course sell for liquidity, but incur an enormous capital gain tax (Remember for those of us in high tax states like NJ- and e…
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On today’s show we are looking at something that is happening in the world of global commerce that is not making headlines and explains a lot of what we are seeing in economic reports. We have rising unemployment, and falling corporate revenues and earnings. But at the same time GDP looks to be incredibly robust, almost unbelievably robust. Are the…
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Patrick Grimes is based in Hawaii. On today's show we are talking about an alternative investment which consists of funding lawsuits. This is a fascinating investment instrument which I had not heard of before. As always, perform your own due diligence. To learn more, visit passiveinvestingmastery.com and also get a copy of the compilation book in …
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Michael Vandi is based in San Francisco where he is a principal at fintech startup Addy. On today's show we are talking about how to use AI tools to accelerate the loan qualification process. To learn more or to connect with Michael visit addy.so ---------------- **Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://…
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Today is another AMA episode (Ask Me Anything). Today’s question comes from Chris who asks: “I found myself having a hard time saying no to a project that is in a great location and the seller was offering very attractive terms to the purchase. The way the purchase was being structured by the seller, they would be assuming most of the risk. However…
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On today’s show we are talking about land assemblies. There are basically two ways to make money with land. You can talk raw land and carve it up into smaller pieces. Or you can take subdivided land and put it back together. The value of a parcel of land is linked to what you can do with it. If you have an acre of land that is agricultural or rural…
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On today’s show we are looking at how cities finance projects. We tend to think of funding decisions as being political. The truth is that cities do face real constraints on how they can spend money. This puts a real constraint on growth of a city as well. There are many different types of financing that are possible at the municipal level. Certain…
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On today’s show we are talking about some of the changes underway in energy that could have major impacts on global energy consumption and global demand for certain types of fuel. We tend to think that the US is the world leader in technology. In many areas it is. The conventional wisdom has been that the West has the great ideas, and countries in …
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On today’s show we are taking a look at the way in which France changed the real estate component of the Paris Olympics. Over the past 50 years, and arguably even longer, hosting the Olympic Games meant constructing permanent structures that quite frankly are going to be used for only a month for the Olympics and the Paralympics which follow immedi…
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Gino Barbaro is based in St. Augustine Florida where he forms half of the Jake and Gino pairing. On today's show we are talking about the current market conditions and what to look out for. To connect with Gino, visit JakeandGino.com and listen to the Jake and Gino podcast. -------------- **Real Estate Espresso Podcast:** Spotify: [The Real Estate …
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Jon Howard heads up the science lab specialty at the architecture firm of HED. He is based in Chicago, but designs these buildings nationwide. This is an interesting segment that is less dependent on economic cycles. To connect with Jon, visit hed.design ------------ **Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](http…
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On today’s show we are taking another look at interest rates. We’re taking a walk through history. In Wednesday’s Federal Reserve press conference, Chair Jerome Powell suggested that there could be a quarter point cut in interest rates in September if conditions warrant. He said that rate decisions would be data dependent and taken on a meeting by …
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On today’s show we’re dissecting the latest Fed rate announcement. While the power of the Fed is often overstated, they do still influence market sentiment in ways that are difficult to fully dissect. Chair Powell said in his opening remarks that the Fed was making excellent progress against their dual mandate of maximizing employment and maintaini…
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On today’s show we are looking at the industrial segment. Warehouses and manufacturing space were the darlings of commercial real estate over the past couple of years. This segment is also showing signs of being overheated. We have nearly 4 times the amount of new product hitting the market as we have space being absorbed. ------------ **Real Estat…
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Today’s show is a case study in due diligence. Last week our company put a property under contract for an industrial storage facility in Jacksonville Florida. We asked the seller for the usual list of due diligence deliverables. But the seller said they were only willing to send the due diligence items after the property was put under contract. The…
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On today’s show we are taking a look at an economic indicator. This indicator is suggesting that it’s time for the Fed to recognize the economic weakness and start cutting rates. While rate cuts are positive for real estate investors, we have to remember that a rate cut is a sign of economic bad news. All of this despite this week’s unexpectedly hi…
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Mark Natale is based in Atlanta where he helps real estate developers create a brand for their properties on a nationwide basis. This was a great conversation and Mark is clearly an expert in this domain. ---------------- **Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8j…
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Howard Lorey is based in Beverly Hills where he is the Executive Vice President and Brokerage Manager for the Beverly Hills office at Nourmand and Associates. On today's show we are talking about the changing face of brokerage and how it's impacting the luxury segment. To connect with Howard visit: https://nourmand.com/agent/howard-lorey ----------…
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A few weeks ago we spoke about the surge in residential real estate in parts of Florida. Inventories are up in several markets. But we are also seeing a surge in condos appearing on the market in South Florida. In fact, the condo sale inventory is up 90% in South Florida and the volume of transactions has fallen through the floor. The number of sal…
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