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...

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...

Russell Gray is co-host of the Real Estate Guys Radio Show. He's a financial strategist and one of the smartest dudes I know.  On today's show we talk about the impact of counter party risk and where precious metals fit into the picture of real asset investing. It's...

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...

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...

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...

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...

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...

Loe Hornbuckle is founder and CEO of The Sage Oak Assisted Living with multiple locations in Texas and Louisiana. Loe shares his perspective on what the pandemic means from the perspective of an operator who truly has first hand contact with staff and residents.  You...

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,...

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...

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...

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...

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...

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...

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...

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...

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%...

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...

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...

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...

As real estate investors we all have projects at various phases in the pipeline. Projects that are completed, those that are in construction, and those that are still under contract. The impact of the current global circumstance on each of these will be different....