Special Guest, Fabio Lopez

Fabio Lopez comes to us live from Milan Italy, the epicenter of the Covid-19 outbreak in Europe. Italy's hospital system has been overwhelmed. Fabio's description of life under quarantine is much more restrictive than here in North America. 

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Special Guest, Alan Schnur

Alan Schnur went through a life changing event that most of us can't imagine. He was working on the 101'st floor of the World Trade Center on September 10, 2001. This is a powerful story of transformation and of intentional growth. Many lessons in today's...

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Who Still Has An Income?

On today’s show we’re talking about a topic that’s on every landlord’s mind. Which tenants will pay their rent on April 1? Part of anticipating the answer to that question is understanding who is still at work, and who has been laid off. There no question that this...

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Is Hyperinflation Around The Corner?

History doesn’t exactly repeat itself. But it does rhyme. The year was 1775. The government in the British colony in North America was out of money to pay its soldiers. The American Revolution was well underway and they needed cash to to help fund the Revolutionary...

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Candid Covid Conversations

Today’s show is the story of a conversation that happened in our household and probably mirrors conversations that are happening all over the world and maybe in your household. The messages of social isolation have been clear for weeks. We are in the middle of an...

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AMA – Is It A Deal?

This question is from Dan in Alberta Canada I just put an apartment under contract and working through the DD. It’s a 32 unit 4 storey for $50,000/door in a town with heavy reliance on the oil industry. At present the gross monthly revenues are 17k. The property was...

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The Prepared Pantry

On today’s show we’re talking about preparation for the next several weeks. It’s stunning to me that I still talk to people on a daily basis who have made zero steps to prepare for a possible period of complete social isolation. Many who I spoke with in the past week...

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George Ross on Covid-19

Mr. George Ross, now 92 years old was Executive Vice President in the Trump Organization and Donald's right hand man for close to 47 years. On today's show George shares his perspective on the Covid-19 outbreak after having spoken with The President earlier in the...

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The Massive Bailout is Coming

There are so many aspects to cover these days. The entire world is truly in uncharted territory. It seems almost trivial to wonder whether tenants will pay rent on April 1, and May 1 and June 1? Landlords truly don’t know how many tenants will have been laid off, and...

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Will This Be An Economic Winter?

Despite all the public warnings from governments and health experts all over the world, there are still people out there thinking that the SARS Cove-2, also known as Covid 19, the entire situation is being over-blown, that this is no more dangerous than the flu. The...

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$50 Billion Request For The Airlines

The airlines are critical to virtually everyone in society, including real estate investors. So today we’re talking about the airline industry. I’ve traveled extensively over the years for business and pleasure. Despite the recommendations from government to reduce...

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Managing Cash Flow During Covid-19

On today’s show we’re talking about the challenges that many property owners will be facing during this unprecedented time in modern history. We don’t know if the Covid-19 crisis is merely a blizzard or an entire winter. Depending on the answer to that question, the...

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Money is Free Now, Sort Of

The markets woke up this morning to a new era of zero interest rates in the US, and a coordinated effort with 5 other central banks to ensure liquidity in international markets. The Federal Reserve slashed its benchmark interest rate to near zero on Sunday and said it...

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Live Coaching Session with Adam Gower

On today's show we take a live look at my own website from a digital marketing perspective. Adam has some powerful insights on how content can be repurposed to create additional searchable content that can expand the digital reach. Adam can be reached at...

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Special Guest, Cynthia Cummins

Cynthia Cummins is a residential realtor in San Francisco who specializes in luxury properties. Her wildly successful blog called "Real Estate Therapy" http://www.realestatetherapy.org has set her apart and allowed her to dominate her segment in the...

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Why Are Interest Rates Rising?

On today’s show we’re talking about the fallout of the current covid-19 crisis on real estate investors. The news media have filled the airwaves with news of the virus outbreak. The Federal Reserve and central banks the world over have responded by lowering interest...

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A More Conservative Stance

We are living through a moment in history where circumstances seem to be changing almost daily. With that less certainty, there’s less that you can count on. When you’re negotiating a transaction between two parties, there are three sources of uncertainty. There’s the...

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The Everything Bubble

On today’s show we’re talk about the Everything Bubble. Bubbles have formed throughout history and all it takes it a pin prick to burst a bubble. On today’s show we’re talking about all kinds of bubbles and how they form. The year was 1554 and tulip bulbs were sent...

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So Many Questions, Hardly Any Answers

What a difference a few weeks can make. A month ago we were in an economic boom. Unemployment was low. The stock market was at all-time highs. Sure there were a few cases of Covid-19 in China, but all was good in Europe and in North America. In a few short weeks we’ve...

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This Is Not The Flu

The Corona Virus is making headlines all over the world. Many people are out there thinking that it’s an over-reaction. On today’s show we’re going to take a departure from real estate and talk about the major factors that you need to consider during this...

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Special Guest, Matt Faircloth

Matt Faircloth is the author of "Raising Private Capital: Build Your Real Estate Empire Using Other People's Capital". He can be reached at the DeRosa Group. http://www.derosagroup.com.

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Lifestyle Design with Special Guest Eric Bowlin

Eric Bowlin comes to us from sunny Puerto Rico where he is looking out over the water during our interview. On today's show we're talking about how Eric designed his life to manage his investments remotely and live in the location of his choice. 

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The Gold Rush In Cannabis is Over

On today’s show we’re talking about the fallout from the gold rush in Cannabis. As more and more states and countries have decriminalized marijuana, investors have rushed into the market to plant acreage, build greenhouses, and create indoor manufacturing using...

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Oops I Forgot

On today’s show we’re talking about how to make sure the budget for a construction project has integrity. I regularly receive questions from new developers looking to grow from buy-hold investment into new construction. The first thing I ask for is to see their budget...

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The Fed Implements Emergency Rate Drop

Yesterday the Federal Reserve cut interest rates by 0.5%. As real estate investors who are about to refinance a project, we can raise a glass and make a toast to Jerome Powell.The Fed has been saying for some time that they intend to address a downturn with aggressive...

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Retail Vacancy Tax

Just in case you thought being the owner of a retail storefront location wasn’t difficult enough, the City of San Francisco is going to punish those bad landlords who are responsible for the vacancies in retail. That’s right the government is here to help you with...

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Special Guest Adam Carswell

Adam Carswell is with Concordia Realty, specializing in anchored shopping centers. His story is how someone with little experience came into the world of commercial investing by adding value to the business.  Adam can be reached at carswell.io.  

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Special Guest Adam Carswell

Adam Carswell is with Concordia Realty, specializing in anchored shopping centers. His story is how someone with little experience came into the world of commercial investing by adding value to the business.  Adam can be reached at carswell.io.  

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AMA – Short Term Rentals and Covid-19

David from Anchorage in Alaska asks 1. AirBnB was founded in 2008 at the height of the Great Recession. In the past 12 years, the travel and leisure sectors of the economy have exploded. There have been various dips in the economy, but the modern short term...

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I Cancelled A Trip To Rome Today

Today’s show is a personal story of why I canceled a trip to Italy today. I was scheduled to fly to Italy today to attend a wedding in Rome. It’s a study of what can happen in times when there is a major civil disruption like the one caused by the current Covid-19...

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Print Money Will Help, Yeah That’s The Ticket

A new report was presented at a conference of global central bankers last week in New York that has multiple authors including several of the top economists.  The report advocates that central banks act early and aggressively when confronting a downturn. These...

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Stock Market Valuations Are About To Get Real

On today’s show we are talking about stock market valuations and how Wall Street justifies these high valuations. A year ago the Dow Jones Industrial average was trading at an average of 18.17 x earnings. Value investors the world over were fretting about how such a...

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Counter Party Risk In The Supply Chain

We are in the middle of a black swan event. We have a serious global health risk. The scope and magnitude of the impact is yet to be understood. Unfortunately, we have seen bureaucrats with zero understanding of scientific information making decisions that have put...

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Special Guest, Bob Lachance

Bob started his career in professional hockey where he played in the US and internationally. His brother played 15 years for the Montreal Canadians. Then after a start in real estate investing, he moved into the world of managing real estate projects with the help of...

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Special Guest, Bruce Firestone

Bruce Firestone has been developing real estate for many years. He is best know for his role in creating a National Hockey League expansion franchise and creating the Ottawa Senators NHL team from an idea. Today's conversation in packed with powerful lessons on...

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Boutique Hotel Brands – Do They Work?

On today’s show we’re looking at some of the recently announced or completed hotel conversion projects. These projects are happening all over the country. Hotel News Now maintains an online database of all the hotel conversions that are announced across the United...

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Hotel Defaults On The Rise

On today’s show we’re talking about how more New York City hotel owners are defaulting on their mortgages, succumbing to a crush of new supply and rising expenses. New York’s average daily room rate fell to $255.16 last year, according to hospitality research firm STR...

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Hotel Brands Galore

On today’s show we’re talking about hotels and some of what’s happening in the hotel industry. The first major trend is that the hotel landscape is changing dramatically. Major hotels chains are launching more and more brands as they try to gain market advantage....

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Are We In Cuba Or Venezuela?

On January 31, a motion was put in front of Los Angeles City Council to expropriate an apartment building because the affordable rent covenant was due to expire after being in place on the property for 30 years. The motion asks city staff to draft plans for using...

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Other People’s Money

On today’s show we are talking about how to use other people’s money. As real estate investors we are trained to use other people’s money. We use the bank’s money. We might joint venture and leverage a partner’s money. We might syndicate a project and bring investors...

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Other People’s Money

On today’s show we are talking about how to use other people’s money. As real estate investors we are trained to use other people’s money. We use the bank’s money. We might joint venture and leverage a partner’s money. We might syndicate a project and bring investors...

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Other People’s Money

On today’s show we are talking about how to use other people’s money. As real estate investors we are trained to use other people’s money. We use the bank’s money. We might joint venture and leverage a partner’s money. We might syndicate a project and bring investors...

read more

Other People’s Money

On today’s show we are talking about how to use other people’s money. As real estate investors we are trained to use other people’s money. We use the bank’s money. We might joint venture and leverage a partner’s money. We might syndicate a project and bring investors...

read more

$500 Million Vanished In The Blink Of An Eye

On today’s show we’re talking about conferences. Who needs them? Are they worth all the effort, expense and time? Nothing has impacted modern life more than mobile technology. In fact, if you’re listening to this podcast, 85% of you are listening on a mobile device,...

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AMA – Rentals In A Coal Town

David from West Virginia asks: Nothing is selling here in the coal fields of WV. However, the rental market is really good. My question is, knowing I can buy cheap and rent with my long term goal being to eventually sell, Is this a reachable goal with our real estate...

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The Fed Is Out Of Ammunition

On today’s show we are talking about how the arsenal at the Federal Reserve’s tool chest is getting empty. The Fed is taking the approach of monitoring the situation closely. Fed officials at their meeting last week left their benchmark federal-funds rate steady in a...

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Zero Footprint Getting Zero Adoption

On today’s show we’re talking about how to reduce our energy footprint and one of the obstacles to doing so. Energy consumption per capita in the US and Canada is among the highest in the world. While our homes have become much more energy efficient, we still have a...

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Zero Footprint Getting Zero Adoption

On today’s show we’re talking about how to reduce our energy footprint and one of the obstacles to doing so. Energy consumption per capita in the US and Canada is among the highest in the world. While our homes have become much more energy efficient, we still have a...

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Living In A Truck

Today’s story is about Mr. Steven Long. He’s a construction worked who lives in Seattle, Washington. Long had been homeless since March 2014, when he was evicted from his apartment after the rent got too high and he missed payments. He said he had previously lived out...

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Special Guest, Marc Koran

Marc Koran specializes in commercial strip malls. These assets are income properties with strong anchor tenants. Marc's take on this segment of retail space has a unique twist that aims to protect against the changing landscape of retail. He can be reached at...

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Special Guest Scott Choppin

Scott Choppin is based in Long Beach California where he specialized in  new construction work-force housing. You will learn a ton from this conversation on development in a difficult market. Check it out.  

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Special Guest Scott Choppin

Scott Choppin is based in Long Beach California where he specialized in  new construction work-force housing. You will learn a ton from this conversation on development in a difficult market. Check it out.  

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You’ve Got To Be Joking

Today we’re going to be sharing a collection of short stories that have one thing in common. They should never have happened. We’re starting with the mundane custom furniture company that took an order for a custom made sofa. The lead time for the sofa is a full ten...

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Too Clever For My Own Good

Real estate investors are famous for saying that you can buy a property based on both price and terms. I will let you set the price as long as I set the terms. The trivial example is, I’ll pay you $10M for that old 1950’s single family home. But I’ll make daily...

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Too Clever For My Own Good

Real estate investors are famous for saying that you can buy a property based on both price and terms. I will let you set the price as long as I set the terms. The trivial example is, I’ll pay you $10M for that old 1950’s single family home. But I’ll make daily...

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How Changing Business Affects Real Estate

Some people believe what they see. But in truth, I think the opposite is true. Most people see what they believe. Nowhere is that more true than in the political landscape. If you believe that the President of the United States should be removed from office, you’ll...

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How Changing Business Affects Real Estate

Some people believe what they see. But in truth, I think the opposite is true. Most people see what they believe. Nowhere is that more true than in the political landscape. If you believe that the President of the United States should be removed from office, you’ll...

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CBRE Report on Short Term Rentals

On today’s show we’re talking about a comprehensive look at short term rentals in a recent report from commercial brokerage house CBRE. This 52 page report outlines some major findings on the impact of short term rentals on the hospitality industry. The STR segment is...

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Can Stagflation Happen Again?

Consumption accounts for 60% of GDP. Back in the 1970’s many of the western economies experienced the so-called stag-flation. The simultaneous occurrence of both economic stagnation and inflation. Traditional Keynesian economists postulated that monetary stimulus by...

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BOM – Get Smart by Brian Tracy

Brian Tracy has developed a massive following over the years because he has figured out how to connect with his audience. He’s studied with the likes of Jim Rohn, Les Brown, Og Mandino, Zig Ziglar, and Wayne Dyer. He’s part of that upper echelon of self improvement...

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AMA – Contractor Underbid The Job

Ramon asks, I recently purchased a small multifamily property at which I am doing a renovation project with a budget of approximately $300k. My contractor and I have a long relationship, spanning more than 10 years, and have successfully completed numerous projects...

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Recession Goes Viral

On today’s show I’m going to make a bold economic prediction, and its not a popular one. I don’t frequently make large predictions, but this one seems obvious to me. I haven’t seen anything in the media talking about this as of yet. I believe that we will see a global...

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AMA – Small Mobile Home Park

Ray from Florida asks, I am talking to an owner that will owner finance 100% of a small 20 unit mobile home park, that also has 3 commercial buildings. The problem is that 16 Mobile Home sites are occupied and the homes are PARK-OWNED. From everything I’ve read it...

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Making Sense of Statistics Reported In The News

Today the Wall Street Journal reported that we could be facing a synchronized slowdown in home prices. On today’s show we’re talking about how to make sense of the conflicting data out there. But what’s reported in the news for individual home owners is very different...

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Making Sense of Statistics Reported In The News

Today the Wall Street Journal reported that we could be facing a synchronized slowdown in home prices. On today’s show we’re talking about how to make sense of the conflicting data out there. But what’s reported in the news for individual home owners is very different...

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AMA – Lender Asks For Additional Security

This question came up on Saturday where it was part of a lunch discussion with a group of investors over the weekend. This particular sponsor was trying to figure out how to work with a private lender who would be lending funds that the project sponsor would...

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Special Guest, JP Albano

JP Albano skipped over single family homes and small rentals and dove directly into the world of multi-family investing. His first investment was a 28 unit building.  You can connect with JP at jpalbano.com

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AMA – Qualified Opportunity Zones

Dr. Kevin Hsu from NYC asks I like your idea of buying on the line and moving the line. Does that concept ever apply to what the US government calls “opportunity zones” as well , those designated areas generally which are considered bad and in need of development ,...

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Beware Auction Fever

On today’s show I’m talking about a property that I placed an offer on, and ultimately lost. The West end of Ottawa Canada has extremely low inventory. Some realtors estimate that there are 75 potential buyers for every one seller. Inventory is less than 10 days. In...

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Fixed Price Versus Floating

On today’s show we’re talking about how to save money by unbundling. There’s two ways to buy a service. You can pay an hourly rate, or you can pay a fixed price. It’s attractive for a buyer to pay a fixed price from a budgeting standpoint. If you are raising capital...

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World Economic Forum Outlook

On today’s show, we’re talking about a global perspective of growth. The World Economic Forum opened this week in Davos Switzerland. The price of admission to that conference is high, but the networking is awesome. If you’re like me and have projects to get done,...

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AMA – Broken Stove in Tenant Apartment

This question is from Carol in Toronto. My husband and I have been living in the same rental for 18 years. For the past 6 weeks, our stove has stopped working and the landlord has not fixed it. He claims he doesn’t have the money. My landlord has been increasingly...

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Special Guest, Roy Smoothe

Roy Smoothe hails all the way from the UK, where he specializes in helping business and entrepreneurs with their brand image. You can learn more about Roy at RoySmoothe.com or at his music website success2music.com. Join me for this fascinating conversation about how...

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California Solar Power Mandate

On today’s show, we are talking about solar energy. Let me be clear, I want solar to work. I have solar electric panels on both of my sailboats. I love the idea of getting energy for free. If solar energy is going to take hold on a large scale, it will be because it...

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It’s An Honest Mistake

On today’s show, we’re talking about math errors that some contractors make. These are simple errors to make, but ones that can cost you money. There are many places where a contractor can hide expenses and it can be difficult for you to figure out where they are....

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When Your Project Budget Is Too High

On today’s show we’re talking about what to do when the numbers don’t work. You look at a property, you think there’s a deal. But then you run the numbers and pretty quickly conclude that the margin is too thin to take the risk. At the same time, you see multiple...

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Getting Good Quality Construction Quotes

On today’s show we’re talking about how to get construction quotes that make sense. It’s easy to be confused by multiple quotes. On today’s show we’re going to do a case study on a small commercial office build-out in an office. The scope of the work was to partition...

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Special Guest Matt Shields

On today's show, I'm talking with Matt Shields about how he made the transition from single family investing to multi-family apartment buildings. Matt is based in Cleveland Ohio and is investing in multiple markets including Atlanta. 

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Loe Hornbuckle and Austin Good

On today's show I'm talking with Loe and Austin about the merits of purpose built townhouses for rent. This particular product offers some advantages and differentiation in the market when compared with large scale higher density multi-family complexes. Loe can be...

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Loe Hornbuckle and Austin Good

On today's show I'm talking with Loe and Austin about the merits of purpose built townhouses for rent. This particular product offers some advantages and differentiation in the market when compared with large scale higher density multi-family complexes. Loe can be...

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The Missing Middle

On today’s show we’re talking about the missing middle. Modern cities tend to get most new housing in either very low-density (usually suburban), or very high-density buildings. In many North American cities, most new units are either detached, semi-detached and...

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Retiring on Cruise Ships

On today’s show we’re talking about one vision for retirement that a number of people are actively doing. For some people, the vision of retirement is that they will take time and travel the world. There’s no better way to do that than aboard a cruise ship. From the...

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Government Over-reach Stopped in One Case

On today’s show we’re talking about government over-reach which has been partially stopped in one instance. Municipal Governments all over North America are trying to implement rules to improve the quality of rental accommodations in their cities. One of the methods...

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AMA – Wait For A Correction?

Dr. Kevin Hsu from NYC asks, “ I’m curious your opinion on something I heard Jeremy Roll and various other experts say on podcasts in 2019 - that the market is very hot in Multifamily in the past several years, cap rates getting compressed, and the best thing would be...

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AMA – Wait For A Correction?

Dr. Kevin Hsu from NYC asks, “ I’m curious your opinion on something I heard Jeremy Roll and various other experts say on podcasts in 2019 - that the market is very hot in Multifamily in the past several years, cap rates getting compressed, and the best thing would be...

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Special Guest Sean Gray

Sean Gray has a special message for those under 30, and in particular, those who are twenty-two without a clue. By getting in the right environment,  by hanging out with Robert Kiyosaki and Ken MacElroy, he's managed to develop skills that are unusual for someone so...

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