Speaking with Allen Lomax

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:...

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Cody Bjugan

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...

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No Work Before The Starting Gun

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...

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Wasted Software

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...

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BOM – $100M Offers by Alex Hormozi

Our Book of the Month is called "$100M offers: How to make offers so good people feel stupid saying no." By Alex Hormozi The core of the book is based on the notion of making Value-Driven vs. Price-Driven Purchases You can grow your business by three axes, more...

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AMA – RV’s in a Mobile Home Park

Today is another AMA episode (ask Me Anything). Today’s question comes from Carl in Austin. I’m looking at a mobile home park with quite a bit of vacancy and am wondering if its possible to put RV’s on those spaces. What are some of the considerations that I should be...

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The Hidden Tax of Inflation

On today’s show we’re talking about the hidden taxes that result from printing money. Those who have studied history will know that any time you debase the currency by printing, it has the effect of destroying the fabric of a society. This has happened throughout...

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Live From The Construction Site

On today's show we're talking about how to ensure your construction site is 100%, perfectly level. The tools that surveyors use are also readily available and can save your project and save you money. You don't need to be a licensed surveyor to use them. We often use...

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Jim Pfeifer

Jim Pfeifer is based in Columbus, Ohio. He has transitioned from being an active investor to being a passive investor. Today's show is a lesson in self awareness and how to design your own personal investing philosophy around your own strengths and weaknesses.  To...

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A Day In The Life Of Victor

On today’s show we’re going to take a look at a day in the life of Victor. A number of you have asked questions about how I spend my day. So I’m going to outline my day, chosen at random. Today was not a fully typical day because it was US Thanksgiving which meant...

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Preparing for 2022

Happy Thanksgiving to our US listeners. On today’s show we’re preparing for 2022. I find that towards the end of the year people often get an uneasy feeling that there are only a few weeks remaining in the year. Many of the goals that were set at the beginning of 2021...

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How Far Are The Closest Utilities?

On today’s show we’re talking about  the evolution of many cities. You will find pockets of development outside the urban core. These pockets are disconnected from each other in one very important respect. They don’t have city supplied utilities. The cost of extending...

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The Return to Live In-Person Events

On today’s show we’re talking about how the pandemic is affecting business development. Business development relies heavily on personal interaction. Markets don’t buy, only people buy. Relationship building is a key component of business development in any industry....

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When To Fire A Consultant

On today’s show we are talking about when to fire a consultant. You hire consultants for specific expertise in a narrow domain. These folks are supposed to be subject matter experts in their area. There can be upwards of twenty of these consultants involved in a major...

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Special Guest Ken Gee

Ken Gee is based in Cleveland Ohio. But his business today is focused in Northern and Central Florida where he buys and repositions apartments. Over the past several years, he has amassed a portfolio of approximately 2,000 units. On today's show we're talking about...

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George Ross On Rent Growth Prediction

On today's show, I'm speaking with George about the impact of inflation on predicting the financial performance of a multi-family apartment project over a multi-year window. This has become more difficult since we've seen inflation jump to above 6% in the past few...

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The 1970’s Inflation Narrative

On today’s show we’re taking a deep look at the 1970’s inflation narrative and seeing if there are any history lessons for us. This past weekend, Treasury Secretary and former Federal Reserve Chair Janet Yellen was on PBS Face The Nation. The discussion centered...

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Managing Your Forward Inflation Forecast

On today’s show we’re talking about rent growth. There are rising rents in many submarkets. For those who own their own home, they’re probably glad that their housing costs are fixed. We have seen near record setting price increases for single family homes in many...

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AMA – Natural Gas Price Fluctuations

Today's question comes from Vishal in Ottawa. He writes: "As you know I am long time listener and fan of your podcast. Earlier in previous episodes you have mentioned of the growing concern of price increase of natural gas due to various changing conditions. How do...

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Abuses of Tenant Protections

Today's show is a look at some egregious abuses of the protections being afforded to residential occupants. All of the examples come from the State of New York. In the worst case, a homeowner who defaulted on his loan in 1998 and lost ownership of his home through the...

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Why Ships Are Stuck at Anchor

On today’s show we’re taking a closer look at the supply chain disruptions that are making headlines. The situation at the Port of Los Angeles has gotten worse, not better. There are currently approximately 110 ships waiting at anchor for a berth to unload their...

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Special Guest Kevin Shtofman

Kevin Shtofman is based in Dallas Texas. On today's show we're talking about the backlash against student housing as an asset class and how that backlash may be appropriate in some cases and an over-reaction in others.  You can connect with Kevin on LinkedIn. ...

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Eddie Speed

Eddie Speed is a specialist in Notes. He started buying notes in the 1980's, and today is focused on a particular segment that is largely overlooked. You will love this contrarian strategy.  To learn more, visit noteschool.com/getstarted ----------------------- Host:...

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Exempt From What?

Today’s show starts with a disclaimer. I’m not a lawyer and today’s show should not be construed as legal advice. Always seek advice from a lawyer who is competent in that specific area of the law. On today’s show we’re talking about something that I see frequently....

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AMA – What To Focus On Next?

Today's question comes from Luc in Ottawa. He asks "I've just purchased my first investment property. I'm looking to grow. What should I be focusing on?" ------------------- Host: Victor Menasce email:...

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Buy On The Line Revised

On today’s show we are talking about a twist on a strategy that we have been using for close to a decade. If you have been listening to this podcast for a while, you will have heard me talking about the buy on the line, move the line strategy. This approach is an...

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Managing Supply of Services

On today’s show we’re talking about another constraint in the world of real estate development and construction. The labor shortage that is making headlines is being experienced across the entire construction industry. That is particularly being felt in many of the...

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Managing Your Supply Chain

On today’s show we’re talking about managing your supply chain. There’s no question that some suppliers are having trouble keeping up with demand. Some channels are simply fully depleted. Almost all real estate investors at some point are buying construction...

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Sanchoy Das

Sanchoy Das is a processor of Industrial Engineering at the New Jersey Institute of Technology. On today's show we're talking about global supply chains and how to manage the impact of disruptions. You can connect with Sanjoy at das@njit.adu.  --------------------...

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The Last Letter Of The Alphabet

On today’s show we are taking a close look at one of the most insane ideas to hit the market this year. In a bull market, everyone looks like a genius. But there is a cautionary tale here. Don’t ever mistake intelligence for luck in a bull market situation and that...

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Artificial Deadlines

On today’s show we’re talking about artificial deadlines. These types of manipulations exist all over. They’re designed to create a sense of urgency to cause people to act. One of the sources of competition for someone’s action is simply doing nothing. Often doing...

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What’s Happening In Travel

On today’s show we’re taking a look at what’s happening in the travel sector. Many real estate investors, even large commercial real estate investors own portfolios of rental properties and portfolios of short term rental properties. This can mean short term rentals...

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AMA – Zoning Versus Official Plan

Today's question comes from Ken in Idaho.  I have a property that is zoned rural and I’m considering developing for residential and I understand that I need a zoning change in order to build what I want. But I’m confused about terms like the official plan and the...

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Industrial Market Report 4Q 2021

On today’s show we’re talking about what’s happening in the world of industrial real estate. In the past week, the brokerage firm Marcus & Millichap published 44 market reports on industrial real estate for Q4. This is one of the largest and most comprehensive...

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BOM – The Goal by Eli Goldratt

Our book this month is "The Goal" by Eli Goldratt. This book was originally published in 1984 and was the groundbreaking book on the Theory of Constraints.  The book is written as a narrative surrounding a manufacturing plant manager named Alex who moves to a small...

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Dr. Arjan Erkel

Dr. Arjan Erkel is a medical doctor based in Rotterdam. His story is one of the most powerful stories of overcoming adversity. He is an extraordinary person who has truly embraced life and is making things happen.  He is also a founder of an organization combatting...

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George Ross

On today's show George and I are talking about current events and the impact to real estate investors. -------------------- Host: Victor Menasce email: podcast@victorjm.com

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Theory of Constraints

There is always something, some constraint, holding back progress. On today's show we're talking about how the Theory of Constraints can be game changing. Today's show is also a prelude to the book of the month coming up on November 1.  ----------------- Host: Victor...

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Hiring in 2021

On today’s show we’re talking about how to hire. I can tell you that I’ve hired hundreds of employees over the years. We have recently brought several new members into our team and have focused on hiring for character. You can’t train character. People either have the...

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The Anxious Buyer

On today’s show we’re talking about the anxious buyer. The anxious buyer is desperate to get a deal done. They are usually lacking local relationships in the market and are trying to buy using the public MLS. They’re hoping to get a deal, but are finding the...

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Mineral Rights

On today’s show we’re talking about mineral rights. When we buy property, the mineral rights are usually part of the property itself. However, this is not a given. Often the mineral rights are separated from the property and can be subdivided in any number of ways....

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The Current Energy Crisis

On today’s show we are talking about the short term energy crisis that has gripped much of Europe and parts of Asia. You might be wondering what energy has to do with real estate. But the economy is inextricably linked to energy, and real estate is inextricably linked...

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Dan Haberkost

Dan Haberkost specializes in development land. Based in Colorado Springs, he finds distressed development projects and resurrects them. This weekend we're talking all about land. Often finding deals means looking off the radar and allow the crowd to keep doing what...

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Agriculture Investing with Peter Badger

Our guest today is Peter Badger with Farm Folio. Peter describes a unique offering in the market that seems aimed at reducing the risk associated with investing in agricultural real estate. They have vertically integrated the entire supply chain and eliminated the...

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Cost of Suburban Versus Rural Lots

On today’s show we’re talking about the transition from rural to suburban. We have several projects underway that are making that transition from agricultural land into urban subdivisions. When we think of suburban streets, we often think of tree lined streets with...

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The Allure of Waterfront Property

On today’s show we’re talking about how to qualify a waterfront property as having potential for development. This show was the result of several inquiries from a friend who is looking to build a waterfront permanent residence on a desirable body of water near a major...

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AMA – Investing For Young Adults

Today is another AMA episode (Ask Me Anything). Our question comes from Magin who writes. I have 3 young adult sons (18, 19 1/2 and 21). I'm proud to say They are interested in investing and are all participating in the upcoming Real Estate Investor Summit in June...

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AMA – Should We Outsource?

Today’s question comes from Paul in our own development team. Paul asks, When is the right time to hire more people, either inhouse or as consultants to manage projects in order to save time and gain leverage within the business? Working directly on projects has given...

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AMA – Best Creative Strategies?

Today is another AMA episode - "Ask Me Anything". Tom Blake asks, “First things first, your podcast is fantastic. What are your two favorite creative transaction strategies that maximize the likelihood of finding a win/win outcome between you (as purchase, partner,...

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Special Tribute to Gene Guarino

On today’s show we’re re-playing a recording with special guest Gene Guarino. If you’ve been listening to this show for a while, you’ll know that we are developers of assisted living facilities. Gene was the founder of the residential assisted living academy which has...

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Live From Rome

On today's show I'm coming to you live, at street level, in central Rome. We're talking about how things are different here in Italy compared with the US and Canada. ------------------ Host: Victor Menasce email:...

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AMA – Writing An Option Contract

On today’s show we’re answering another listener question. Emilio from El Paso Texas writes, I continue to enjoy your podcast every morning. I want to ask you if you had any references that you could share regarding how to adequately price an option to buy a piece of...

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AMA – A Good Houston Location?

Today's question comes from Chris in Florida who asks, I’m considering a property South of Houston for an industrial equipment storage facility. The address was located in the email. I have a good understanding of what that segment of the market needs, but have...

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Prices Are Up Up And Away

On today’s show we’re talking about the acute shortages that have been created by the massive shift in our economy over the past year. I hope to convince you on today’s show that the price inflation we are experiencing is not temporary. ------------------ Host: Victor...

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Reliable or Cheap, Pick One

Globalization has made it possible to squeeze inventories down to nothing. Just-in-time delivery means these hyper-efficient, hyper-optimized supply chains can deliver the promise of owning no inventory and still meeting customer demand. Offshoring was the name of the...

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Is Senior Housing A Good Investment?

Today we are talking about the state of assisted living across the nation. The mere mention of the terms senior housing, and assisted living generates a reaction from most investors. The natural reaction is to say something like “Oh senior housing is a hot area....

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Stacy Rossetti

Stacy Rossetti travels the country with her family in an RV and acquires distressed storage facilities in secondary and tertiary markets. She does it the old fashioned way, over a cup of coffee with the owners. These tired owners invariably just want out of the day to...

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Live From The Quarterly Offsite

Every calendar quarter we take an entire day with the leadership team offsite to work on the business. This is an opportunity to pause and take stock of where we are and make course corrections if necessary. On today's show we're reviewing a snapshot of the past 90...

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The Land Lottery

On today’s show we are talking about the land lottery. Now I’m an investor at heart and I’m not a fan of gambling. When we think of a lottery, there is a low cost to play the game and the potential payoff is huge. Naturally the odds of winning are low. But emotionally...

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Working Across Time Zones

On today’s show we are talking about adapting work habits when you travel. This month I’m spending the entire month away from home and will be working from the beautiful ancient city of Rome. Working on a different time zone means that I have the mornings to myself...

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Why Did Evergrande Fail?

You might be wondering how the Evergrande debacle in China happened. I’ve been to China and observed first hand how commercial construction is broadly undertaken. Once you understand what I have seen first hand, it’s little surprise that there are issues....

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The Wrong Orbit

On today’s show we’re talking about getting trapped in the wrong orbit. Now I realize that when I use the word wrong, it sounds like I’m making something right and something else wrong. What that really means is getting trapped in an orbit that’s different from what...

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The Most Boring Government Department

On today’s show we’re talking about the most boring of bureaucracy and how it’s designed to help you with your due diligence. A few months ago, we spoke about a particular disease called versionitis. This is when the version of a document is out of date and you make...

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Andrew Abernathey

Andrew Abernathey got his start in real estate at a young age. Today, he is the principal in several hundred million dollars worth of self storage. On today's show we're talking about the state of the storage industry and gaining some insights into how this segment...

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Special Guest, Gary Boomershine

Gary Boomershine made the decision to cut the ties to real estate in an expensive primary market in exchange for a simpler setting. On today's show we talk about that move and his predictions for the next period in this unprecedented wave of uncertainty.  To connect...

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BOM – Holacracy by Brian Robertson

Why do we need an org chart? Does it really help bring clarity? It might impress customers, but does it really inform who is doing what functions? The book this month is "Holacracy: The new management system for a rapidly changing world." by Brian Robertson.  host:...

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AMA – Can I Develop This Property?

This question comes from Jeremy in Virginia. He asks, “I’m working on a concept for a light industrial warehouse building on a property that has some environmentally protected zones. The properties on either side are developed and are zoned light industrial. In...

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The Software Inside Amazon

Amazon has made a few headlines with the opening of bricks and mortar stores. Amazon is getting retail real estate. The move by Amazon has been seen as a vindication for traditional retailers who are saying “You see, retail is not dead”. Even online Amazon is coming...

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Now Departing From Gate 17, Final Call

Economic downturns put entrenched players with market share on the defensive. They experience a drop in revenue and are doing everything they can to hang on financially. Those who can go on the offensive can acquire great business opportunities. Everything seems to be...

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Some Favorite Restaurants Are Gone

Even though the pandemic is coming to an end, many restaurant owners are having a hard time hanging on. On today's show, we're taking a look at whether restaurants are a worthwhile venture.  ----------------------- Host: Victor Menasce email:...

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Neal Bawa on the Future of Real Estate Liquidity

Neal Bawa is the CEO of Grocapitus Investments. On today's show we're talking about the moves in the industry to make real estate more liquid. While the pieces are not all in place yet, Neal makes a compelling argument for where the industry is headed. To learn more...

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Live From Dallas – A Case Study

Today's show is a live talk from Dallas on a specific case study of a recently completed assisted living project. This talk is viewed through the lens of product design. We often think we are constructing a building. In truth, we're designing a product. This is a...

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Break Even Analysis

On today’s show we’re talking about the connection between energy prices and construction decisions. We typically make design decisions for new construction based on an economic break even analysis. In an environment when gas prices have doubled in the past year, and...

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Economic Warfare

On today’s show we’re talking about global economic warfare. I’m here to tell you that interest rates are being artificially held down, but that we will see an end to that in a matter of weeks. The tools that governments use to stimulate the economy are becoming less...

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The Canadian Federal Election

Canada held a Federal Election yesterday. Real Estate issues were front and center. But none of the parties seemed to be truly addressing the root cause issues. This was dog whistle politics at its best. Create a diversion that makes for good press coverage without...

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Thinking Small

On today’s show we are talking about peril of thinking small. To be fair, the thinking is that the path to growing big was to start small and grow from there.  This past weekend I was at a conference in Dallas where I heard a similar question over and over again....

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Solar Farms with Travis Godon

Travis Godon comes from Ely Nevada, a small town surrounded by miles of open space. Travis has leased thousands of acres of land for solar farms. This is a different kind of land development opportunity that is not that common. But the opportunity is sizeable and of...

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Live – How To Raise Capital

Today's show is a recording of a talk on how to raise capital at a live event at The Real Estate Guys Syndication Conference in Dallas Texas. ------------------------- Host: Victor Menasce email:...

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When Reality Slows Down

On today’s show we are talking about how to handle delays. Whether you are stuck in traffic, your flight was canceled, your supplier just told you that that a critical component is out of stock or a ten minute appointment is going to take a month, delays seem to be...

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Playing The Inflation Game To Win

On today’s show we’re continuing our series on inflation. Do far this week we’ve studied what the real rate of inflation is, why our governments have got themselves into a debt trap, and what people on fixed incomes are facing in an inflationary environment. Today...

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Inflation Impact For Those On Fixed Income

On today’s show the focus is what people on fixed incomes will do in the face of inflation. Most people in the general population don’t have the entrepreneurial skills to design their own income streams. If they experience a loss of income, the tools at their disposal...

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How High Is Inflation Really?

On today’s show we’re continuing our series this week on inflation. On yesterday’s show we talked about the debt trap that countries find themselves in. On today’s show we’re talking about how in my opinion the numbers being stated by governments around the world are...

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Surviving During Inflation

On today’s show we’re taking a deeper look at inflation. Inflation is in the news these days and with good reason. This week we’re taking a deeper look at inflation over the course of several shows. On today’s show we’re going to talk about the very first impact, the...

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Robert Helms on Mahogany Bay Village

Robert Helms is the host of The Real Estate Guys Radio Show. He's also a developer with a rich history in developing all kinds of projects both in the US and internationally. On today's show he's sharing the story of how Mahogany Bay Village, a Hilton Curio Collection...

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Tim Milazzo

Tim Milazzo is the founder and CEO of StackSource.com. This financial technology company (fintech) seeks to revolutionize and simplify the world of commercial lending. His team is investing to making intriguing advances in the realm of commercial loans. To learn more...

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Stock Market Risk Is Rising

On today’s show we are talking about the danger of predicting the future. But we may be on the edge of a cliff that few people can truly see coming. It was only a few weeks ago that economists were predicting continued economic growth into the fourth quarter. Kids are...

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How To Model Inflation?

On today’s show we’re talking about a question that is on a lot of investor’s minds. We keep hearing from the Federal Reserve and government officials in the Treasury department that inflation this year, while elevated, is expected to be transitory. That is to say,...

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Big Brother Wants Your Money

Today El Salvador was the first country to adopt Bitcoin as a recognized currency. But this takes us back to the fundamental question of what is money? Why would a country adopt a currency that is as volatile as bitcoin? It’s not an effective store of value, and its...

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A Learning Culture – “How can we improve?”

At 11:01 AM yesterday, lightning struck one of our assisted living care homes and started a fire. The building was empty at the time of the incident and had only received its operating license a couple of days earlier.  On today's show we're talking about how you can...

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AMA – Managing Multiple Businesses

Today is another AMA episode (ask me anything). This question comes from David in Belize. David asks, I have several companies ( broker, agent, syndication, gift shops, personal properties) and starting a few others.  ( Nowhere near your scale for now ) I know you...

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Chris Widener

Chris Widener is an internationally recognized keynote speaker and author. He has authored more than 22 books. On today's show we're talking about his history as an author and a speaker.  Chris is passionate about our culture and has become politically involved...

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Special Guest, Robert Helms

Robert Helms is the host of the Real Estate Guys Radio Show, now in its 25th year. Robert is a developer having developed projects all over the country and internationally. He hosts numerous live events on an annual basis. But after 18 months in the pandemic there is...

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AMA – Damaged Hub Cap

This is another AMA episode (Ask Me Anything). Today's question comes from Joseph. "Hey Victor; Looking for another perspective. New tenant in SFH, I’m covering the lawn care. Tenant claims the hub cab on the car was broken by the gardener, pictures of location of...

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AMA – Hotel Repositioning Nightmare

Today is another AMA episode. This question comes from Jasdeep in N. Michigan. I’m going to summarize a very lengthy question. We acquired a hotel from an absentee owner who had allowed the hotel to fall into disrepair over the past 20 years. The property had become a...

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Uncertainty Abounds

On today's show we're taking a look at uncertainty. You can take any headline and dive deep on the uncertainty that abounds. No answers. No recipe. Today's show is a prelude for September 1, where we review the book of the month. 

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AMA – Investing in Pennsylvania Cities

Today is another AMA episode (Ask Me Anything). Johnny writes: I've become increasingly interested in key Pennsylvania cities as new markets to invest in for rental properties. The cashflow an investor can achieve in cities such as Philly, Allentown, and Pittsburgh...

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Special Guest Tim Lyons

Tim Lyons is a NYC Fire Department Lieutenant, Emergency Room Nurse, and real estate investor. I've known Tim for several years and observing his  journey has been wonderful to watch.  Tim has jumped into the world of multi-family investing and syndication. He forms...

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Special Guest Sharad Mehta

Sharad Mehta is the CEO and founder of RESimpli, a software system designed to provide an end to end solution for residential real estate investors. You can connect with Sharad at his website RESimpli.com. 

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