Today is another AMA episode. Today’s question was actually asked twice by two different people. The questions are virtually the same to I’ll answer it only once. Both Chad and Michelle asked I have a portfolio of smaller multi-family properties duplexes, triplexes...

When we think of hotels we tend to think of a few large brands that dominate the market. Marriott is the largest after having gobbled up with Starwood Group which had all the Sheraton brands. Hilton is #2 with about 30 brands under its umbrella, and Intercontinental...

Today’s show is called 52 offers. You might be thinking that the number 52 relates to a deck of cards. Not in this case. On today’s show we’re talking about a property that this past weekend had 96 showings and today had 52 offers. Mine was one of them. I was certain...

On today’s show we’re talking about how our economy depends on the printing of money. Let’s put this in perspective. The fortunes of entire industries rest on whether governments around the world are going to print a virtually unlimited amount of money in order to get...

Barry Wolfe is with Marcus and Millichap in Ft. Lauderdale. He specializes in retail assets and spent his entire career, including his early career as a lawyer working on retail assets. On today's show we're talking about the current state of retail.

On today’s show we are reviewing “Yes to Life, in spite of everything “ by Viktor Frankl. Viktor Frankl is best known for hist book “man’s search for meaning “ which chronicles his discovery of the meaning of life during his 3 years in 5 different concentration camps...

Frustrating when your Podcast hosting company has a problem preventing new shows from being published to the feed. Listeners must be wondering what's going on.... The hosting company acknowledged the problem and are working on it.

Now that parts of the economy are opening up, we’re starting to see the opening up of the courts as well. We’re continuing to see rising cases of Covid-19 which has claimed 155,000 lives in the US since March and 9,000 lives in Canada. With that we’re starting to see...

As students prepare to go back to school, the question on the minds of many student housing operators is “Has a university education changed forever?” Universities in the US represent about 20 million students, faculty and staff. That’s almost the same as the...

On today’s show we’re talking about the discipline of making decisions based on the numbers. In the past couple of weeks I went through a process of underwriting a property that is a rare property. We’re talking about a property at 316 Water Street. As you might have...

Ben from Oklahoma City asks We are looking at building a residential assisted living center consisting of 12 residential care homes. What are your tips on mapping supply and demand for the market. Our current approach is googling and building a list and talking with...

Jyoti is an analyst with Trepp in New York City, specializing in commercial mortgage backed securities. On today's show Jyoti gives a basic tutorial on the CMBS market and how it operates. If you want to learn more, reach out to her at...

On today's show George discusses the current market conditions and what to do about it.

On today’s show we’re talking about your frame of reference. In the past week, the price of silver has gone up 28% in a little over two weeks. But we’ve been saying for a long time that silver is undervalued relative to gold. Two months ago gold was trading at 115...

On today’s show we’re talking about your frame of reference. The price of silver has gone up 28% in a little over two weeks. But we’ve been saying for a long time that silver is undervalued relative to gold. Two months ago gold was trading at 115 times the price of...

On today’s show we’re taking a look at what’s happening in the housing market and make sense out of some pretty confusing data. Last week we reported that lumber prices have increased to record levels, driven by outdoor construction projects at restaurants, the low...

On today’s show we’re taking a look at what’s happening in population migration. Over the past 20 years population growth among secondary and tertiary markets has outpaced that of the country’s large primary metros. A new report from Marcus and Millichap shines a...

On today’s show we’re talking about how the Pandemic is going to shape the near future for real estate investors. Our entire economy situation, both in the US, Canada and much of Europe is based entirely on the printing of money by central banks. Our entire economic...

On today’s show we’re talking about how shopping has changed. But not just shopping in general. We’re talking about how my shopping has changed forever. Last week, my wife and I were on vacation. We chartered a boat on an inland waterway in central Ontario. We were...

John Fortes has been syndicating apartment projects for a small number of years. He's a relative newcomer to the world of syndication. Listen to how he rapidly made the transition from investing in single family to multi-family properties. John can be reached at...

Steffany Boldrini is a real estate investor and host of the Commercial Real Estate Investing from A-Z podcast. She is based in San Francisco and on today's show we're talking about what's happening in several asset classes in the San Francisco...

Steffany Boldrini is a former technology entrepreneur and host of the Commercial Real Estate Investing from A-Z podcast. She is based in San Francisco and on today's show we're talking about what's happening in several asset classes in the San Francisco...

The much feared W shaped recovery is upon us. Attempts to open up the economy and to restart the floundering food and beverage industry have hit a snag. This past week saw a record number of new infections across multiple states in the US. There is understandably a...

We are living through one of the most perplexing periods I’ve ever seen. On today’s show we are talking about how in the middle of an economic downturn, some indicators suggest a red hot market. Restaurants, Construction Companies, and DIYers Drive Demand Lumber and...

Dominic asks, Dear Victor, Thank you for the ongoing excellent content. While awaiting projects to invest in that make sense to me, I’ve been looking at various places to hold capital. Do you have any thoughts regarding the “infinite banking” concept using whole life...

On today’s show we are talking about how to look at a property through the lens of a developer. So often when I talk to the seller of a property, they will tell me about the zoning of the property and how the property has so much potential. Sometimes they will tell me...

On today’s show we are talking about how to deal with inertia when you hit an obstacle. There are two types of inertia. The first one is obeying Newtonian physics. But we’re not going to focus on that one. Hitting an obstacle when you’re in motion usually results in a...

Yonah Weiss is an incredibly well connected member of the real estate community, not just in his home town of NYC, but nationally as well. He specializes in cost segregation in addition to his role as a real estate investor. On today's show we're talking about cost...

Today's show is an excerpt of a conversation with Keith Elias held earlier this week at the Ottawa Real Estate Investors Organization. Keith heads up the Player Engagement Department at the National Football League. He's a former real estate syndicator, and a former...

On today’s show we’re talking about the many impediments to getting stimulus money. One of the newest programs is the Main Street Lending Program. This program is designed to help medium sized businesses that have been impacted by the Covid-19 Pandemic. When you look...

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...

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...

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...

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...

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.   

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.

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...

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...

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...

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...

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...

Rich Danby is the Founder of Rich Ottawa Investments and can be reached at rich@richdanby.com. 

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.

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...

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...

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...

Today's show is a real life story of a negotiation between Sally and Mark. It's about how negotiating leverage is the key to getting a successful deal done. 

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...

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. 

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. 

Today's show is an extract from a keynote address I gave on the 2020 Virtual Investor Summit.

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...

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...

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...

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...

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...

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...

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.

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.

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...

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...

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....

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...

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...

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. 

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. 

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...

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...

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...

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....

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...

On today's show George and I discuss the current climate for borrowing funds. His stance surprised me a bit. Check it out. 

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...

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...

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...

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...

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...

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...

On today's show we're talking about developing resort properties using RV's and mobile homes with Shane Melanson. You can reach Shane at shanemelanson.com.

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...

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...

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...

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...

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....

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...

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...

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...

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...

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...

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...

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...

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...

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....

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...

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...

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...

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...

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...

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...