Limor Markman is a Toronto based real estate educator and host of the national TV show The Fortunate Future. She's one of those folks flying around the country hosting weekend workshops for new investors. Unlike many educators, she's still an active investor. On...

Today’s episode is the book of the month book review. In order to be considered for a book of the month the book has to meet a very simple criteria. It has to be impactful enough that it will change your life or your perspective on the world. Whether it does or not is...

On today’s show we are talking about a new rule under the generally accepted accounting principles that could profoundly affect the way commercial real estate leases are written in the future. If you’re a property owner where your commercial tenants sign multi-year...

This week Berkshire Hathaway published their investor newsletter. It’s widely read and many people look to the newsletter for clues on how to invest. Warren Buffett and Charlie Munger are legendary in their sustained performance. The company has been conservative and...

About a decade ago a Brazilian private equity firm called 3G Gapital made waves in the US when it spent billions to buy Americas most notable food brands including Kraft, Heinz, Burger King, Oscar Mayer and Budweiser.  Following the acquisitions the new owners...

On today’s episode we’re talking about how you can prevent the next violent social revolution. History has seen its share of violent uprisings.  The French revolution which began in 1789 was not just a single event this was a protracted period of a people that lasted...

Today's episode is a real life case study recorded live at the Real Estate Guys, "Secrets of Successful Syndication" conference in Dallas Texas. This project started like many of our projects with a clear plan and solid market data to support the thesis for the...

Today's episode is about a purchase that ended in a lawsuit. This story is packed with suspense, uncertainty, stress, and wisdom. Check it out. 

On today's episode we are talking about the major considerations when designing a new development site.  Developers often look at a site from the perspective of how many units of finished product you can place on the parcel of land. This is an area that is fraught...

On today’s show we’re talking about how to negotiate with your general contractor.  Often times, when a project is designed by an architect there are design tradeoffs that seem perfectly reasonable at the time. The design process consists of a complex puzzle of...

On today’s show we are talking about the most insane statements to come from economists in recent memory.  I’m acutely aware as I’m sure many of our listeners are, of the unsustainable levels of government debt in the US, Canada, the UK, France, Switzerland, Italy. I...

My friend Michael from Pennsylvania has started a Real Estate Meetup, and in a short time has attracted a sizeable high quality audience. His question is “What is the benefit of hosting a free event versus a paid event?” Michael, this is a great question. There are...

On today’s show we’re talking about one of the key take-aways from the World Economic Forum in Davos Switzerland only a few weeks ago.  A few weeks ago the Forum published their annual Global Risks Report. This 114 page document was developed in partnership by the...

Kevin Bupp is an expert in Mobile Home Investing. It's clear from our conversation that Kevin has developed a very deep expertise. He's the host of the Real Estate Investing for Cashflow Podcast.

Russell Gray is the co-host of the Real Estate Guys Radio Show. He is also the co-host of The Investor Summit at Sea, one of the most incredible professional growth events in the world. On today's show we are talking about the Investor Summit at Sea and why we both...

This is a special bonus episode about the recent Amazon announcement that they were pulling out of the NY second headquarters.  I predicted that Amazon might take this step despite the public announcement back in November.  The major political objection was the tax...

On today’s show we’re examining a potential source of revenue for your income property that has the benefit of a little extra cash flow, plus being environmentally green.  The economics of solar power have been somewhat marginal over the past several decades. That’s...

Welcome to the Valentines Day edition of The Real Estate Espresso Podcast.  I’m celebrating Valentines Day with my wife on the beach in Mexico. We take time each year to recharge. Sometimes taking holidays is easier than others. We have both been working really hard...

On today’s episode we are asking a very simple but important question. It’s a question that I believe rarely gets asked when considering a property.  The question is, “Who would choose to live in this property and are they someone who I want to have as a client?”  If...

Colliers recently completed a market report on the state of office space. It contains some startling revelations.  Yes flexible office co-working space segment of the market accounted for 1/3 of all new leases signed last year. While still a small percentage of the...

Last week, NY State Senate Deputy Leader Michael Gianaris announced he will introduce legislation to eliminate tax breaks for capital gains when investing in federal Qualified Opportunity Zones.    “The Opportunity Zone program was intended to help economically...

This live Q&A session was part of a keynote address in Lancaster, Pennsylvania. Some great questions that were very specific to the local geography, but universally applicable to almost any geography. 

Chuck has developed all types of properties in his extensive career in real estate investing. But he's a self storage specialist. This will be obvious from our conversation.  Chuck can be reached at creativerealestatenetwork.com/podcast  He has written a book on...

This episode was recorded live at a conference in Lancaster, Pennsylvania. The question came from a member of the audience. In my estimation, the one thing that distinguishes success is "resilience". I give an example of our neighbors who tried every trick under the...

The economic indicators of recession are starting to trickle in. We are seeing ballooning inventories in multiple sectors of the economy. When times are good, suppliers increase production to meet the rising demand. But as always, they get a little ahead of...

For many people it was a boring game. Well into the third quarter the game was tied at one field goal each. No team had managed an offensive run of more than five possessions of the ball. It was a game dominated by defence.  Games that involve lots of scoring, passes...

On today’s show we’re talking about the main areas that owners run into trouble with contractors. There are 5 areas that I see over and over again. In some cases, these learning have been the result of first hand experience. There’s nothing more humbling than making a...

Today's episode shatters the law of reciprocity. It's a myth, it doesn't exist. There' another mechanism at play that we actually have more control over. When we understand that, the results are more powerful.

Abhi Golhar is the host of the nationally syndicated Think Realty radio show. He's a multi-family investor, a syndicator, and he specializes in tax liens. Join me for a fun conversation with Abhi. You can learn more about him at...

Leslie Smith is with Commercial Direct, an online based commercial lender who specializes in unusual commercial opportunities. Her take on commercial lending is a little non-traditional. But they've been in business for 20 years. A fascinating and refreshing...

Today's bonus episode was recorded live on the beach. It's also available as a video on Youtube. I describe how the show is recorded and edited. 

On today’s episode we are reviewing the book of the month. In order to be considered for book of the month, the book must meet a very simple criteria. It has to capable of changing you life, or your perspective on the world. Of course, whether it changes your life is...

Today's episode is part 2 to Adam's question on Corporate Debt. On today's show we dig deeper into corporate debt and what are some of the issues surrounding it. What can cause corporate debt to become toxic? After studying is more deeply, I believe that we have a...

Today's episode is based on a question from Adam in Riverside California. He asks about how much of a risk corporate debt represents to our economy.  This is a great question, and it's a complex one to answer. So it will take a couple of episodes to answer this...

Today's episode in another AMA episode - Ask Me Anything. Robin asks... In one of the previous episodes, you had mentioned about the advantages of using mini-splits in terms of cost savings. I had spoken to an HVAC specialist about this concept, and he mentioned some...

Today's show is about another example of government overreach. In January 2017 Canadian federal government instituted a mortgage stress test rule. This required banks to subject borrowers to a financial stress test when applying for a residential mortgage loan. The...

Golf popularity is declining. It's a combination of cost, demographics, and the number of new golfers entering the sport. Many golf courses are being targeted for redevelopment. On today's show we have the story of an 18 hole course where the community opposition to...

Ty Crandal runs an organization called Credit Suite. They specialize in all forms of business credit, separate and distinct from personal credit. They assist companies in establishing credit scores for their business that will enable them to qualify for revolving...

Earlier this week the Wall Street Journal published a story criticizing the return of stated income loans. Many of the loans that precipitated the 2008 financial crisis were also stated income loans. It was one of those “here we go again” stories.  It tells the story...

On today’s show we examine what it means to be an investor. An investor is very distinct from a business operator, and distinct from a business owner, different than a broker, and different than a trader. An investor is truly passive. They don’t work for their money....

On today show we are talking about functional obsolescence. So what exactly is functional obsolescence? Those old 1950’s houses with the small kitchen that you can touch both walls when you stretch your arms out fully. You can put in new cupboards and appliances, but...

The US is building the most expensive wall in history. But it's not the one on the front page of every newspaper.  The proposed wall along the US Mexico border an expensive undertaking. The proposed budget allocation is a little under $6B. That’s a lot of money. In...

On today’s show we’re talking about the news. I’m finding that in many cases the news isn’t really news. It’s not new enough to be news and it’s not old enough to be history. So what is it? It’s almost stuck in no-mans land. A lot of people, including investors rely...

Deann O'Donovan is the CEO of AHP Servicing, a Chicago based company that specializes in rescuing distressed loans. The company is crowd funded and combines a unique business model and an innovative funding model. You're going to love this episode.

This episode was recorded live as part of a keynote address to a real estate investment club in Lancaster, PA. An audience member asked a great question on how to become a developer, and a followup question on how to create the track record to attract investment...

On today’s show we’re talking about some of the excellent global research performed by accounting firm Price Waterhouse Coopers. Two days ago we talk about the worst asset class in the PWC survey, that is retail. Yesterday we talked about Warehousing and Fulfillment...

On today’s show we’re talking about some of the excellent global research performed by accounting firm Price Waterhouse Coopers. They recently published their latest prediction reports for a number of geographies around the world.  Yesterday we talked about the worst...

On today’s show we’re talking about some of the excellent global research performed by accounting firm Price Waterhouse Coopers. They recently published their latest prediction reports for a number of geographies around the world.  The data reflects the views of...

I personally don’t have a political affiliation. Politics in both Canada and the US have become increasingly polarized in recent years. If you’re like me, where I’m fiscally conservative, and socially liberal on some items, but not all, there’s no political party that...

On today’s show we’re examining the price volatility of a critical building material and the impact that it can have on the cost of both construction and renovation projects.  In March of 2018, the White House imposed tariffs on Canadian softwood lumber. Overnight,...

Mark Roscioli is the CEO of 17 Mile, LLC. His company specializes in buying and selling assets that have cellular towers as part of their makeup. This is one of the most fascinating ways to invest in real estate. It's highly specialized, but also one of the few truly...

Nick got his start in development with student housing. His very first project generated enough cash flow to enable him to transition from an employment situation to full-time investor in less than one year. Nick's story is not typical, but is a powerful example of...

On today’s show we are talking about how a more expensive product can often be the least expensive solution. There’s so many examples when people try to save money they actually don’t succeed in the end. This is one of those counterintuitive situation.  On today’s...

Today’s episode is the story of how you may consider collecting rent each new month.  Rental income is much like the income a grocery store receives from its clients. Client goes to the grocery store and buys fruits and vegetables, maybe some bread and butter. It is...

On today’s show we’re talking about the challenges that governments face in creating rules that are appropriate and fair.  One view of the world is that rules should be uniform. One set of rules for everyone. That way, nobody can claim they were unfairly harmed by a...

We typically think of rent controls being imposed for residential leases. Housing affordability is a real issue. Access to housing is considered by many to be a basic human right. Landlord tenant laws all over North America have been enacted to protect both the rights...

Customer perceptions about a rental property are formed in the first few seconds of viewing a property. Increasingly, today’s customer looks online before committing to drive to a location and view a model suite. Everyone has walked into an apartment with an old...

Today show is about a magical market that doesn't exist in reality. It’s the real estate market in the Town of Springfield. Springfield much like in the TV show The Simpsons is virtually any town, but nowhere at the same time. This imaginary town of Springfield is an...

On today's show I'm talking with two investors who live in a suburb of Chicago, but on the Indiana side of the border. They're built incredibly strong systems to manage thousands of transactions. These folks have a strong set of core values that enable them to make...

 I predict that this current generation of home buyers will be significantly delayed buying homes compared with previous generations. Many will be so late into the home buying cycle that they will become lifelong renters. In fact, the traditional early home buyers...

On today’s show we’re talking about automating systems in your business so that you the business owner can start to reap the benefits of the business.  We’re also going to explore the differences between earned income, passive income and residual income. These are...

On today’s episode we’re talking about making sure your spouse or partner is on board with your business goals.  One of the greatest sources of stress in a relationship is when business goals are at odds with family goals.  How do I know about this? My wife is a...

In order to be considered for book of the month, the book must meet a very simple criteria. It has to capable of changing you life, or your perspective on the world. Of course, whether it changes your life is up to you. You can consume the content, remark on how good...

2018 saw a large number of unpredictable events. Many of them were politically originated, whether it’s a steel tariff, a partial government shutdown, a regulatory change. Any time there is a change, there are winners and losers. Some are positively affected and...

Jack's company has added 400 properties under management and renovated over 100 homes in the past year. Doing this successfully requires a strong team and a disciplined approach to management. I loved this conversation about how to scale your business in a short time...

This episode was recorded live at the Family Office Summit in Miami with Adam Adams. Adam has hosted nearly 300 events in the past two years and is a huge believer in live events. This is an approach that has attracted a large following and a significant amount of...

 Today’s episode is about the resilience of real estate. This is the real life story of a vacant lot in what was once a bad area. I’m telling the story of a single property, but quite frankly this story has repeated itself numerous times, and I could give half a dozen...

 Today’s book is “The 12 week year” by Brian Moran and Micheal Lennington.  The 12 week year is a planning book on a new method for setting and achieving goals. The 12 week year redefines a year as being 12 weeks long and with each year you get a a fresh start. That’s...

 On today’s show we’re talking about what to do during this holiday period. If you’re like most people, you are hitting the shops to take advantage of the post Christmas sales. But you’re not like most people, that’s why you listen to this podcast. You know that...

My wife is amazing. Apart from that, she's a therapist, a marriage counsellor, a frequent guest on radio and TV on all things personal. Today's show is about managing holiday stress and establishing the mindset to have a great holiday.  Have a blessed day.

Today’s episode is focused on four items in the investment world that have been either naughty or nice. The naughty or nice list is pretty long this year, and even a small fraction would not fit in your morning espresso cup. So we’re only going to talk about 4 today....

Jeff Schechter runs a large scale turnkey investment business in Indianapolis. He defies some of the conventional "wisdom" regarding the benefits of multi-family over single family investing. In the dynamics of his market, his approach is the most successful and the...

Keith Baker is the host of the Private Lending Podcast. He's based in Houston Texas where he invests, lends, and works with multiple borrowers to redevelop properties. Private lending is a semi-passive business that relies upon strong systems for loan origination, and...

On today’s show we’re talking about a new report that was issued in the past week by Spectrum Location Solutions that examined the departure of more than 13,000 companies from California over the past decade. Many real estate investors look at data from U-haul to see...

Today we're talking about the latest interest rate increase announced by the US federal reserve. Fed chairman Jerome Powell announced a quarter point increase in the benchmark rate. This is despite the fact that the economic data could just have easily supported no...

On today’s show we are talking about the use of the 911 database. When a new property is developed, a municipal address is registered with the city or the county. Usually, that address is generated when the building permit is issued. Somehow, through a magical process...

We can all agree that not everything in life is predictable. Life is full of surprises, some of the pleasant, and some of them not. It’s been said that a confused mind doesn’t buy. That’s particularly true in the world of investing. Investors seek clarity. Things that...

Another offshoot from David’s question on crowdfunding is whether the relationship based approach is going to be replaced with the faceless characteristics of the public equity markets? Are we shifting from a country club style investing where relationship is a key...

Eddie Lorin has been investing in workforce housing for most of his career and has developed close to 40,000 units so far. One of the newest innovations in the tax code, creates significant incentive for investing in areas that have been neglected. Eddie gives a...

On today's show, I'm speaking with the executive director of an affordable housing and tenants rights advocacy group. She is someone who was invited by CBC News to be my "adversary" on a news story regarding rent control. Surprisingly, the host of the news show didn't...

David from Pittsburgh asks, "We see that online investment platforms such as YieldStreet, RealtyShares, PeerStreet, to name a few, are gaining momentum. For example, despite giving somewhat modest return on investment, YieldStreet has successfully raised over 500M...

Today and tomorrow are a two for one AMA episode. That is Ask me anything. I love to answer your questions, if you have a question, send it in, I’ll answer it live on the air. David from Pittsburgh has a great two-part question. His question is about the number of...

I’m coming to you live from Miami Florida. This week I’m at The Family Office Club Super Summit, which attracts some of the most accomplished private wealth managers in the industry. We spent several days in a large conference setting and in one on one conversation...

On today’s show I’m offering a perspective on the protests that we’re seeing playing out every weekend for the last several weeks in France. I managed a team of 110 employees in France for several years. In that time, I developed an understanding of French culture....

Recorded on location in New York City. The latest market statistics from NYC indicate a market that has peaked about a year ago and is now firmly in a downturn. We’ve gone through several years of high demand and short supply. Developers have responded with the...

Keith Weinhold is a repeat guest on the show. He's the host of the Get Rich Education podcast, and is a contributor on the Forbes Council for Real Estate. On today's show, he's giving a personal first hand account of the magnitude 7.0 earthquake that hit his home town...

Whitney Sewell is the host of the Real Estate Syndication Show. He's a multi-family real estate investor who specializes in repositioning existing assets. Based in Northern Virginia, Whitney is part of a rare breed of folks who host a daily show. In this conversation...

Today is our monthly book of the month book review. Our book this month is Second Chance by Robert Kiyosaki. In order to be considered for book of the month, the book must meet a very simple criteria. It has to capable of changing you life, or your perspective on the...

Amazon.com deal for a second headquarters in Long Island City, N.Y., has prompted NY State senator Michael Gianaris to draft legislation that would prohibit the buying or selling of real estate based on any nonpublic government action. The idea behind the legislation...

Partnerships can be difficult. Today's episode tells the story of a very public breakup of two very experienced business people that culminated in a $700 million dollar lawsuit after four years of work, but before the project broke ground.

Some governments think that they can just increase taxes and more money will come flowing in. But when you have a situation where certain states and provinces have the need to raise more revenue, high net worth people can very easily relocate into a lower tax...

Today's episode is a story of overcoming adversity when your neighbors try to block your project from coming to fruition. These types of things happen in the real world and are difficult to anticipate. They're even more difficult to overcome at times and can result in...

Today's conversation with Kathy Fettke is a first hand account of the evacuations from the wild fires in California. In this personal conversation, Kathy shares her perspective on what to do in an emergency.

The Money Raising Summit held each year in Denver is one of the premier capital conferences in the nation. We had 22 speakers from all over the country speaking on various aspects of syndication. My talk focuses on the 5 fundamental principles of raising money.

On Today’s show we’re talking about a new type of nomadic worker. When we talk about nomadic workers, it conjures up an image of a hipster twenty something in shorts and a T-shirt drinking a cappuccino from an Internet café in Fiji. They are living the lifestyle. I am...

If you’ve been a long-time listener to the show, you’ll know that I’m a big believer in the law of supply and demand. It’s one of those fundamental rules that you ignore at your peril. Like any market, hotel room prices, and short term rental revenue comes down to...

The residential market slowdown is here, and the signs are everywhere. Nowhere is this more evident than in the hottest markets in the country. We’re seeing the slowdown at the top end of the market, where the days on market have grown significantly, and price...

On today’s show, we’re talking about the notion of value. The market definition is that value is what people are willing to pay. But that’s too simplistic. As investors we seek to make investment decisions that are on the right side of history. Buy low, sell high is...

Hasbro has introduced a new Monopoly game this year "Monopoly for Millennials". In this game, instead of collecting cash, the winner who collects the most experiences wins the game. Whether it's a night on a friend's couch, the hottest restaurant or the weeklong...

Hasbro has introduced a new Monopoly game this year "Monopoly for Millennials". In this game, instead of collecting cash, the winner who collects the most experiences wins the game. Whether it's a night on a friend's couch, the hottest restaurant or the weeklong...