To Flip or Not To Flip

To Flip or Not To Flip

That is the question.  On today’s show we’re Talking about one of the strategies that are working in today's changing market conditions. Many markets are experiencing historically low inventories. We've gone through a period of reduced market activity, and this has...

read more
So Much Conflicting Data

So Much Conflicting Data

The path from A to B is rarely a straight line. As humans, we like things to be nice and neat and orderly. Linear relationships are simple to calculate. They are simple to understand. We’re conditioned to think linearly. We have been conditioned to forecast the future...

read more
Impact of Hong Kong On Real Estate

Impact of Hong Kong On Real Estate

While the world has been distracted with the Covid-19 pandemic, and while much of the US has been consumed with rage, China as decided to ‘never let a good crisis go to waste.’ On today’s show we’re talking about the sweeping new security laws in Hong Kong and the...

read more
Market Maker

Market Maker

On today’s show we’re talking about whether markets really need a market maker. But first we need to define what a market maker is. The role of the market maker is to introduce liquidity into the market. The problem in many markets is that too much time passes between...

read more
Special Guest Dan Butler

Special Guest Dan Butler

Dan Butler has about 3,000 apartments under management in the Memphis market. Memphis is a difficult city from an economic stand point. He shares some insights on the pandemic and how his business has fared during this period of social isolation.   

read more
Gary Beasley

Gary Beasley

Gary Beasley is the founder of Roofstock.com, an online marketplace for turnkey rentals.  This fascinating innovation has sold thousands of homes so far. You can reach Gary at Roofstock.com.

read more
AMA – BRRR in Toronto?

AMA – BRRR in Toronto?

Evan from Toronto asks, My wife and I, along with our Real Estate Partner, are looking to buy our first rental property in the GTA by the end of the year! We really like the BRRRR strategy but have some questions since we've never used it before! 1. What have you...

read more
What Is Happening In Rentals?

What Is Happening In Rentals?

On today’s show we’re talking about the effect of the pandemic on rental markets across North America. The results are somewhat surprising. The biggest worry has been whether tenants would pay rent despite the staggering job losses. It seems that the stimulus money...

read more
BOM – The Infinite game by Simon Sinek

BOM – The Infinite game by Simon Sinek

The book this month is called The Infinite Game by Simon Sinek How do we win a game that has no end? Finite games, like football or chess, have known players, fixed rules and a clear endpoint. The winners and losers are easily identified. Infinite games, games with no...

read more
Are We In A Distressed Home Market?

Are We In A Distressed Home Market?

On today’s show we’re talking about some leading indicators that might predict what will happen in the housing market 3-6 months from now. As we all know, there is a moratorium on evictions and foreclosures in most areas right now. In the US, the moratorium on...

read more
More Remedies Than One

More Remedies Than One

On today’s show we’re looking at some of the leading indicators to predict what might happen in the housing market three to six months from now. We’re currently in the middle of a moratorium on both evictions and foreclosures. Let’s talk about rentals first. We will...

read more
George Ross

George Ross

George is a repeat guest on the show. On today's show we're hearing George's take on the economic recovery and on negotiation with China. Fascinating perspective.

read more
Where will you vacation?

Where will you vacation?

Vacation bookings usually happen months in advance. Employees book the time off work. They buy the airline tickets far in advance to get the best prices. Of course this year is different. But people still want a get-away, perhaps even more than ever. The perception is...

read more
Honey I bought my tenants!

Honey I bought my tenants!

Much has been written in recently years about the retail apocalypse. Earlier this year we shared the mind numbing statistics of retail store closures that amounted to over 10,000 retail stores in the US in 2019. The pandemic clearly hasn’t helped most retail...

read more
Fund or Deal?

Fund or Deal?

On today’s show we’re talking about the merits of two different approaches for raising capital. It’s a bit like asking which is better, Ketchup or Mustard? Some people like ketchup, some like mustard, and some like both. The two funding models are the blind fund and...

read more
AMA – Two Offices or Two Bedrooms?

AMA – Two Offices or Two Bedrooms?

This question is from Meg in Westchester NY. I listen to your podcasts regularly.  I find them thoughtful and provoking and love that you get to the point in the short amount of time. We are residential investors and primarily design and build new single family homes...

read more
Special Guest, Robert Kiyosaki

Special Guest, Robert Kiyosaki

Robert is the best selling business author of all time and the author if Rich Dad, Poor Dad.  He's the host of the Rich Dad Radio Show and you can find out more about him at Richdad.com. 

read more
Special Guest, Robert Kiyosaki

Special Guest, Robert Kiyosaki

Robert is the best selling business author of all time and the author if Rich Dad, Poor Dad.  He's the host of the Rich Dad Radio Show and you can find out more about him at Richdad.com. 

read more
Design is Free

Design is Free

On today’s show we’re talking about the difference between price versus value. So often I see new houses, new apartments that are very “traditional” in design. I have nothing against tradition. But it doesn’t take very much thought to imagine how a family will live in...

read more
A 34% Property Tax Increase

A 34% Property Tax Increase

On today’s show we’re talking about a morning after shock. No we’re not talking about an earthquake. This is the morning after the City of Nashville voted in a 34% property tax increase. You’re probably thinking. I’m glad I don’t live in Nashville. Folks, this event...

read more
A 34% Property Tax Increase

A 34% Property Tax Increase

On today’s show we’re talking about a morning after shock. No we’re not talking about an earthquake. This is the morning after the City of Nashville voted in a 34% property tax increase. You’re probably thinking. I’m glad I don’t live in Nashville. Folks, this event...

read more
Offfice Market Explained

Offfice Market Explained

On today’s show We're talking about the legacy of Covid-19 on the office market. My company used to have an office location in Sunnyvale in the heart of Silicon Valley. My permanent office was near my home in Ottawa Canada. But I used to visit Sunnyvale frequently. I...

read more
Senior Housing Report

Senior Housing Report

If you’ve been listening to this show for a while, you’ll know that I’m a huge believer in the laws of supply and demand. On today’s show we’re going to look at what’s happening in new construction of senior housing. In virtually every market I examine, I’m seeing...

read more
Reversal of a trend?

Reversal of a trend?

On today’s show we’re talking about the reversal of a two decade long trend in a matter of weeks. The question is, will the trend really reverse? Perhaps this is a short term reversal, to be followed by a continuation of the original trend. The trend we’re talking...

read more
Dr. Amy Novotny

Dr. Amy Novotny

Dr. Amy Novotny is from Sedona Arizona. She specializes in helping entrepreneurs manage their stress level. On today's show we're examining some techniques for reducing stress in our daily lives. Amy can be reached at: pabrinstitute.com.

read more
Ed Rogan

Ed Rogan

Ed Rogan is founder of the Penn Capital Group, a tribute to his native Pennsylvania. He lives in Philadelphia, but invests in Houston Texas and Huntsville Alabama.

read more
What Has Changed?

What Has Changed?

Lots has been said about the history in the making, how we’re at an unprecedented time in history. My parents grew up during the depression. While they both came from affluent families, my grandfather on my father’s side was a pharmacist, and on my mother’s side was...

read more
Marriage is like a Loan Approval

Marriage is like a Loan Approval

On today’s show we’re talking about how borrowing is like dating with the intention of getting married. No, we’re not talking about casual dating, or any extra-marital hanky panky.  I know what you’re thinking. That’s a strange analogy. You see at the heart of a loan...

read more
Income At Will

Income At Will

On today’s show we’re talking about the flexibility of being a real estate investor. When I had a job and was short of money, I needed to wait until the next paycheck. If I really wanted to increase my income, I had to wait until I got a raise, or perhaps a promotion....

read more
What’s Happening In Industrial?

What’s Happening In Industrial?

On today’s show we’re talking about what’s happening in the industrial and logistics market. Last week, commercial brokerage house CBRE held a detailed webinar on what’s happening in the logistics market. There were over 1,200 attendees on the call. We’re going to...

read more
The Rebound Is Starting

The Rebound Is Starting

On today’s show we’re taking a look at the economic recovery. Some sectors will bounce back, and others will take a long time. In real estate, we’re seeing some encouraging data during the month of May for several asset classes. In the broad economy, the US lost about...

read more
Neal Bawa on Asset Classes

Neal Bawa on Asset Classes

Last week Neal and I talked about the state of the capital markets. On today's show we're talking about which asset classes are hurting in the current environment, and which ones will thrive. 

read more
Special Guests Colin Douthit

Special Guests Colin Douthit

Colin Douthit is a property manager from Kansas City Missouri. On today's show we're talking about how to manage during this period of uncertainty, lost income, and disruption. You can reach Colin at atlaspropertymanagement.com. 

read more
How to Fix The Economy?

How to Fix The Economy?

On today’s show we’re talking about the great ideological debate about help, government help. Our economy has suffered the largest fall in activity in recorded history. All of this is in the name of saving lives. Economic suffering is preferable to death. I’ve heard...

read more
AMA – Should I Buy Them Out?

AMA – Should I Buy Them Out?

On today’s show Matt asks, I have been invited to come into a new construction project for an 8 unit apartment building as an investor. The hard construction cost is $1.2M and the total value of the project is about $1.8M after lease-up. We should be able to return...

read more
Is Your City Going Bankrupt?

Is Your City Going Bankrupt?

Could your well managed city be going bankrupt? You see the federal government has the right to invent currency out of thin air. They can just print it. In modern day terms, that means changing a number in an account to say that you now have more money. The US Federal...

read more
Making The Virtual Office Viable

Making The Virtual Office Viable

On today’s show we’re talking about running a virtual organization. For many the idea of working from home is new. It comes with its own benefits and drawbacks. When you get in your car and transition from home to the office, your mind shifts. You get into work mode....

read more
BOM – Ask By Mark Victor Hansen

BOM – Ask By Mark Victor Hansen

Our book this month comes from one of the master story tellers of our time. The book is called “Ask: The Bridge From Your Dreams To Your Destiny”, by Mark Victor Hansen and his wife Crystal Dwyer Hansen. Mark was a guest on the show two weeks ago. He’s known for being...

read more
Special Guest Neal Bawa

Special Guest Neal Bawa

Neal Bawa is a Silicon Valley based syndicator, and educator specializing in multi-family asset classes. On today's show we're talking about the state of the capital markets and where investing is heading in multi-family apartments.  You can reach Neal at...

read more
Stranded Assets

Stranded Assets

On today’s show we’re talking about stranded assets. These are assets that can’t be used at all. In some cases they’re merely under-utilized assets. You can find deeply discounted assets in today’s market. But only if you train yourself to look for them. Underpriced...

read more
Two Similar Words

Two Similar Words

On today’s show we’re going to make an important distinction between two words that are often used interchangeably but have vastly different meanings. The two words are “pain” and “damage”. If you hit your thumb with a hammer by accident, you will experience pain. In...

read more
AMA – How to recover from a bad contractor

AMA – How to recover from a bad contractor

Love the show. I could use your advice. Last August I acquired a property in a tax auction at a bargain price in a class c neighborhood in a different state than where I live. This was my first venture into rehabbing a property and figured this might be a good way to...

read more
AMA – Way Above Your Capability

AMA – Way Above Your Capability

Duane asks, Just curious. Have you ever come across something that looks like a great opportunity, but was way beyond your capabilities? Duane, This is a great question. The short answer is yes. That’s the only way to grow. But the further you are from your proven...

read more
AMA – Which Market

AMA – Which Market

I'm trying to narrow down to 1-2 focus markets for buy-and-hold SFR/small multi-family investments. I've come down to the following options and am curious about any feedback: 1. Huntsville, AL 2. Memphis, TN (high crime) 3. Charlotte, NC 4. Omaha, NE (steady but not...

read more
Dr. Tom Burns

Dr. Tom Burns

Dr. Tom Burns is the co-founder and partner at Presario Ventures, specializing in new construction apartments. He is also the author of the upcoming book "Why Doctors Don't Get Rich." Tom has accomplished this all the while, running an active orthopaedic surgery...

read more
Quote Chaos

Quote Chaos

On today’s show we’re talking about the merits and pitfalls of just accepting a contractor’s bid. When you’re experienced in construction, you get a feel for what items should cost for both materials and labor. But there are two distinct markets, the retail market and...

read more
Student Housing Gets A Failing Grade

Student Housing Gets A Failing Grade

On today’s show we’re talking about Student housing. I’ve been a student housing investor since 2012. Historically, I’ve loved student housing. I got my start by owning property in the shadow of Temple University in Philadelphia. When you add together the revenue from...

read more
Caesar, Where Are You Now?

Caesar, Where Are You Now?

On today’s show we’re taking a short trip through the history books to see what history might teach us about today. The year was 27 BC and Augustus was the emperor of Rome. Their money was the roman denarius, made of 98% pure silver. The pure coinage remained until...

read more
Train People To Go Window Shopping

Train People To Go Window Shopping

On today’s show we’re talking about how your business can survive the Covid-19 outbreak. Of course the degree to which you take action is a function of the nature of your business and the assets in your portfolio. We remain in a period of unprecedented uncertainty....

read more
AMA – How to use gold with debt?

AMA – How to use gold with debt?

Maheen the Machine asks, Hello Victor, I trust you are safe and healthy! I have always had this belief that you collect gold for the day that the dollar loses most of it's value and then you "cash" it in??? Yet, I never hear the experts say to "sell" your gold. They...

read more
Mark Victor Hansen and Nicky Billou

Mark Victor Hansen and Nicky Billou

Mark Victor Hansen is the best selling author of all time and is famous for the "Chicken Soup" series of books along with his partner Jack Canfield. Mark has a newly launched book called "Ask" which talks about the transformative power of simply asking. Mark and Nicky...

read more
Damion Lupo

Damion Lupo

Damion Lupo specializes in self directed qualified retirement plans. Properly structured, these plans give the owner full check-book control and the possibility of taking advantage of some of the benefits of the CARES Act. Join me for a fascinating conversation with...

read more
AMA – The Buyer Has An Objection

AMA – The Buyer Has An Objection

Today’s question comes from Sue in Pennsylvania. Sue asks, “I have a buyer who wants some debris removed from the property as a condition of closing. I’m worried that I won’t be able to get the debris removed from the property in time to close and that it might...

read more
Slow Down

Slow Down

On today’s show I want to address something that has been on the mind of many investors I’ve spoken with in the past week. We’re talking about the frustration be feeling stalled, of deals falling apart, of delays as a result of the current market conditions and the...

read more
Unclear Cooperation

Unclear Cooperation

On today’s show we’re talking about a major change in the way realtors market properties. In particular, the National Association of Realtors are the defendants of a lawsuit brought by a consortium of agents called Top Agent Network in U.S. District Court for Northern...

read more
I Fear For Their Retirement

I Fear For Their Retirement

Incredibly we have seen the stock market rebound in the past week in response to the Federal Reserve monetary stimulus and the government’s fiscal stimulus. But there are several characteristics about this market rally that are troubling. 1) The volume of shares being...

read more
AMA – Help for Residential Landlords

AMA – Help for Residential Landlords

Brian from Ottawa Canada asks. I'm wondering if there has been any discussion about the lack of government support for residential landlords? In this environment, it seems like we're one of the forgotten ones. Deferring mortgages seems to be a decent temporary measure...

read more
Special Guest Steve Olson

Special Guest Steve Olson

Steve Olson runs the Fourplex Investment Group (website fig.us). He has developed a strategy that is adding value to the market by building new product in areas where the land cost supports a rental rate to reliably recoup the investment, even in today's environment....

read more
Russell Gray, Part 4

Russell Gray, Part 4

In this final segment of a four part series, Russ and I talk about how to value assets and in particular real estate. Today's final mind blowing segment will bring home the ideas that underpin how to think about investment.  You can hear more from Russ on The Real...

read more
What The Heck Are You Thinking?

What The Heck Are You Thinking?

On today’s show we’re looking at how investors are investing today. There’s no question that we are living in uncertain times. The stock market is pushing valuations that can’t be supported by the current level of profitability in the economy. So what’s driving it? I...

read more
Where Are The Bright Lights?

Where Are The Bright Lights?

On yesterday’s show I spoke about using the energy of the market to aid you in your quest. Use the energy of the market to your advantage as you evolve your investment strategy. On today’s show we’re going to look at a few asset types that we believe are eventually...

read more
Flip The Thug On His Back

Flip The Thug On His Back

When I was a young boy, I studied martial arts. But not any martial art. The fashionable ones at the time were Karate and Kung Fu. They were full of very flashy strikes and kicks. No I studied Judo, the Japanese art form. One of the things we learned in Judo is that...

read more
AMA – What Are Your Sources?

AMA – What Are Your Sources?

Ryan from Arlington Texas asks Hi Victor, You always seem to be ahead of the curve, and you do a wonderful job informing your listeners about the trends you see in real estate and current events. Where do you like to get your news? What are some of your bookmarked...

read more
Statistics Can Prove Anything

Statistics Can Prove Anything

On today’s show we’re going to do an analysis that show how you can use numbers from the same data set to construct virtually any story that you want. We are continually exposed to data in the news and the news source will provide an in-depth analysis with lots of...

read more
Dana Samuelson on Precious Metals

Dana Samuelson on Precious Metals

Dana Samuelson is owner of American Gold Exchange, a national dealer of gold and other precious metals based in Austin Texas. On today's show we break down the way pricing is done in the physical metals market. His  analysis brings a tremendous clarity to pricing that...

read more
BOM – “The End of Food” by Paul Roberts

BOM – “The End of Food” by Paul Roberts

Today’s show is the book of the month. On the first day of each month we review a new book. In order to be considered for book of the month, the book needs to meet a very simple criteria. It needs to be impactful enough that it can change your life, or your...

read more
The Market is Not That Efficient

The Market is Not That Efficient

If you’ve been listening to this podcast for a while, you’ll know that I’m a junkie for Economics 101. What I mean by that is that so much of the market can be simply understood by watching the balance of supply and demand of any commodity. But markets are not always...

read more
No Bailout For You

No Bailout For You

On today’s show we’re talking about the difference between Main Street and The Fed. The bailouts of the economy have been making headlines over the past month. The Federal Reserve has agreed to buy back hundreds of billions of in mortgage backed securities from the...

read more
Zero Based Thinking

Zero Based Thinking

One of the most powerful approaches to bring to any analysis is zero based thinking. Quite simply, it helps eliminate the emotions that often cloud our judgement. Zero based thinking means going back to the starting point of a decision, but armed with the knowledge...

read more
AMA – Should I Buy Now?

AMA – Should I Buy Now?

On today’s show Anna from silicon Valley asks Is now a time to be investing in multi-family real estate? Surely there are deals coming up on the market. Anna, this is a great question. Some people have adjusted their criteria in terms of what is a deal as the market...

read more
Russell Gray on Money and Currency

Russell Gray on Money and Currency

Russell Gray is co-host of The Real Estate Guys Radio Show, now in its 24th year. He's a financial strategist and today's show is part two of a multi-part conversation on the economy and how to understand what is happening out there.  If you haven't heard part one,...

read more
Will Tenants Pay on May 1?

Will Tenants Pay on May 1?

On today’s show we’re trying to get inside the mind of your tenants and figure out if they want to pay rent in a little more than a week on the first of May. The messages from politicians have been confusing to say the least. Whatever your taste, you’re sure to find a...

read more
What Insiders Are Saying

What Insiders Are Saying

So many people are trying to read the market conditions and restore a sense of certainty in their own minds, despite the current reality. Frankly, it’s hard to make sense of it all. In an effort to gain greater insight, I’ve been in discussion with family offices, and...

read more
Location, Location, Location

Location, Location, Location

Markets are becoming increasingly hyper-local. That’s more true today than ever. Global transportation has been the great equalizer and has made so many things appear to be commodities. That’s why real estate is hyper-local. You can’t just pick up an office building...

read more
I Am Certain Of One Thing

I Am Certain Of One Thing

On today’s show we’re talking about the mental aspects of navigating these uncertain times. I find myself going through all kinds of emotional swings in these days. Those who know me would describe me as someone who is very tempered, pretty unflappable. Over the past...

read more
AMA – Where To Invest?

AMA – Where To Invest?

On today’s show we’re talking about investing versus speculating, and we’re answering a listener question about where to invest in today’s environment. This question comes from David in Great Falls Montana. David asks, I want to thank you for all the hard work you put...

read more
Reed Goosens

Reed Goosens

Reed Goosens moved from Australia only 8 years ago. In that short time he has assembled a portfolio of 2,000 apartments in San Antonio and Austin, Texas. On today's show we're talking about the current market conditions and how he sees the market unfolding, rent...

read more
Russell Gray On Popping The Bubble

Russell Gray On Popping The Bubble

Russell Gray is a financial strategist and co-host of The Real Estate Guys Radio Show, now in its 24th year on the air. In this first part of a multi-part conversation, Russ and I discuss whether the pin is to blame for popping a bubble, or whether the construction of...

read more
What Hotel Owners Are Saying

What Hotel Owners Are Saying

Last week Colliers International had a private webinar for its clients focused on the state of the hotel industry. The numbers of are absolutely devastating. There is no comparable period in history. During SARS in 2003, the occupancy fell to 42%. We saw a 10.9%...

read more
A Really Big Refrigerator

A Really Big Refrigerator

We haven’t had a lot of good news lately. Or, more precisely, we haven’t seen a lot of good news lately, though it does exist. We don’t see it because both regular media and social media usually focus on the bad. That’s not entirely wrong. The survival imperative...

read more

What’s For Dinner?

Today’s show not about real estate. We’re talking about taking action to protect your family’s food supply. I remember watching the news on television in the 1970’s as a teenager seeing the two hour long lines as people waited patiently to get a loaf of bread at the...

read more
Stagflation Is Here

Stagflation Is Here

On January 29 I reported to you that we were in economic recession, weeks before any economists uttered the words. I didn’t have any magic crystal ball to predict the future. It was just obvious that we had negative growth. On today’s show we’re talking about the...

read more

AMA – What New Behaviors In A Year?

Adam in Riverside California asks, Hi Victor, I hope you and your family are safe and well.  I enjoy listening to your daily podcast.  Thank you for educating your listeners! The COVID-19 pandemic will certainly have a deep and lasting impact on our society. Covering...

read more

Special Guest Jason Pero

Jason Pero owns and manages a portfolio of apartments in Erie Pennsylvania. He's a dominant player in the market and he favors secondary and tertiary markets. Today was a fascinating discussion on another perspective of multi-family investing. You can reach Jason at...

read more
Special Guest Jeff Love

Special Guest Jeff Love

Jeff Love is a real estate lawyer with Gibbs Giden in Southern California. This is one of the most difficult environments for real estate investors in recent years. Our conversation centered around how to form strong partnerships. You can reach Jeff at...

read more

Some Economists Don’t Have A Clue

We are in an unprecedented situation economically. Because of that, we might conclude that there is no playbook for dealing with a crisis of this type. The question is, can we learn anything from the handling of past economic downturns and is there anything that we...

read more

Are Tenants Paying Their Rent?

We’re one week into the month of April. Landlords across the globe have been bracing themselves for a fall in rent collections in April. After talking with a number of investors over the past several days, some preliminary numbers are coming in. I spoke with a...

read more

Short Term Rentals During The Epidemic

On today’s show, we’re talking about what you can do if you have a short term rental? Short term rentals, like hotels, and most of the hospitality industry are suffering deeply in this era of social isolation. You might be used to a high nightly rate, similar to what...

read more

The Bad News Is Spreading Faster Than The Virus

Folks, I’m an optimist. Those who know me would classify me as a solid optimist. But in the past few days, there has been a deluge of news that, quite frankly is heavily biased toward the negative. Let me be clear, I’m not here to propagate fear. But I think you ought...

read more

Debt Is The Problem, Uh, I Mean The Solution

On today’s show we are talking about why our governments policies in the aftermath of 2008 is making this economic downturn so much more painful than it needs to be. This all falls into the category of a self inflicted wound. I’m going to share some data with you from...

read more

Update From Spain with Billy Keels

Billy Keels is a US Real Estate Investor, living in Barcelona Spain. On today's show he gives a first hand, boots on the ground perspective of what's happening with the Covid-19 outbreak in one of Europe's hot spots of the outbreak. 

read more

AMA – Has The Stock Market Hit Bottom Yet?

Today is another AMA episode that is Ask Me Anything. I’m not going to attribute this question to any one listener because I've had several people reach out to me and ask the same question. The question is, “Do I think the stock market has hit bottom, or is there more...

read more

Where You Can Subscribe to the Podcast