Today's show is a real life personal story about fire fighting and what it means. What areas of your life are you fire fighting?

On today’s show we are talking about reading between the lines. This is the ability to fill in the blanks when the seller of a property provides incomplete information. Any professional real estate investor has the full information about their own property. If the...

On today's show I'm coming to you live from the WW-II submarine base in Lorient. 

Today I take you on a short walk in the ancient walled city of Valletta, a UNESCO World Heritage Site. Enjoy...

I’m coming to you on location from the island of Malta. This small island country joined the European Union back in 2004.  Since then it has seen tremendous population growth as the open borders of Europe has allowed the free movement of people.  Malta has always been...

Today’s episode is a companion to yesterday’s show. If you haven’t already listened to yesterday’s podcast, I suggest you listen to that one first. Today’s show will make so much more sense if you do.  On yesterday’s show we talked about the promise of 5G wireless...

Today’s question comes from Natalia in Toronto.  Could 5G wireless impact the value of my property, and if so how? That’s a great question. This is a large topic with several elements to it. In fact, so much so that we’re going to answer it over two days.  On today’s...

Today's show is a specific case study of a building permit refusal and how we ultimately prevailed. It's a powerful lesson in how a well crafted argument can sometimes win the day. We have the utmost respect for the government officials who work tirelessly to be good...

  On today show we are featuring the book of the month. In order to be considered for book of the month, a book has to meet a very simple criteria. Work must be impactful enough to change your life or your perspective on the world. Whether it does or not of course is...

Paul Moore is the principal at Wellings Capital. He can be reached at WellingsCapital.com. Join me for this wide ranging conversation on market sentiment and investment strategy. 

DJ Scruggs spent most of his career in the tech industry, much like myself. On today's show we talk about making the transition from startup corporate life into real estate investing. Join me for this insightful and wide ranging conversation.

Everyone needs a place to live, right? That’s one of the arguments that underpins the demand for real estate. But in some markets, that is not an appropriate statement.  Let me take you back to the financial crisis of 2008 and it’s aftermath. There were a few counties...

On today’s show we’re talking about a couple of widely publicized articles on the state of the oil and gas industry. Oil and Gas are major drivers of the economy, and as such, the cascade into real estate is inescapable.  The first was a presentation by Steve...

Can you negotiate with government? The simple answer is yes you can. But the real answer requires an understanding of what the other side wants. When you are involved in a negotiation, any negotiation, having an understanding of what the other side wants is critical...

On today’s show we are examining home buying for the next generation of home buyers. Last week we talked about a bubble forming in the luxury home segment where older home-owners are aging out of the home market, and through a combination of affordability, sheer...

Securities law is one of the fasted moving areas of the law. In fact, even lawyers who practice regularly in this area often have to check on items they may have completed even a week ago.  For example, the SEC had numerous exemptions under regulation D. Exemption 505...

Edna Keep is based in Regina, Saskatchewan. Regina isn't on the radar as a top market, but Edna has built a portfolio of over 500 units over a period of time with an emphasis on cash flow. You can learn more about Edna at ednakeep.com

On today's show I'm talking with George Ross about managing your loan portfolio and negotiating with lenders. 

Wednesday, Federal Reserve Chairman Powell announced the outcome of two days of meetings of the Federal Reserve. The Fed is a board of the heads of each of the regional Federal reserve banks and their board of Governors. The focus is often on the Chair of the Federal...

  June 1 marks the start of hurricane season in the Northern Atlantic. Some years are incredibly active like 2017. By comparison, 2013 had no hurricanes make landfall at all. While there were several tropical storms, none developed into full blown hurricanes. The...

There’s no question that beautiful homes are just that, beautiful. As always, fashion and tastes are always changing. Like clothing, homes make a fashion statement. They have a life span. The gold door knobs of the 1980’s and 1990’s are replaced with the cleaner look...

It is said that real estate investing is a mental game. But what does that really mean? It means having the discipline of investing and managing projects overcome your emotions. It’s been said that most decisions are made emotionally, and the logic to support the...

Warning. Today’s show contains a real life story that some listeners may find disturbing.  On today’s show we are talking about how to maximize your profit. Profit, simply calculated is revenue minus expenses. You can increase profit by increasing revenues or by...

Billy Keels is based in Barcelona, Spain, but invests in the USA. You can learn more about long distance investing from Billy at billykeels.com or at  keeponcashflow.com. He has a free e-book for our listeners at growyourmoneythesmartway.com.

Justin and Keisha Brooks are based in Kansas City where they own and operate assisted living assets, and multi-family. They are also hosts of the Real Life Real Equity Podcast. They can be reached at realliferealequity.com.

On today’s show we’re talking about professional tenants. These are the ones who present well during the screening process, who fabricate elaborate stories, and who encourage landlords to skip steps in their due diligence. Ultimately, the professional tenant has one...

On today’s show we are talking about the process of finding life balance, while living in several different time zones concurrently.  We have spent the past two weeks living on board a boat in Northern France, all the while working to repair things on board, maintain...

On today’s show we’re talking about the lowest and best use of a property. Traditionally, we are trained as real estate investors to seek the highest and best use for a property. This might be a high rise building, or a hotel.  But sometimes, the best use is the one...

It’s no secret that Italy is running out of cash. Much like in the US, some US states are in better shape than others financially. The US federal government has one extra trick up its sleeve. The feds can go to their friends at the federal Reserve and ask them to...

On today’s show we’re talking about a debt bubble. There have been numerous debt bubbles over time. There was the sub-prime debt bubble. There’s clearly a sovereign debt bubble in many countries around the world including the US. There is arguably a debt bubble in...

AJ Osborne was paralyzed from head to toe and on life support. He used real estate to carry his family during those difficult times and today manages a portfolio of 14 storage facilities across several states. You can learn more by reaching out to AJ at...

This week we've been talking about golf courses and how the landscape is changing. Today's guest has owned and operated 36 holes for the past 19 years. Listen to today's conversation about what it means to own a golf course from someone who is deeply immersed in the...

On today’s show we’re talking about what happens when a neighborhood goes downhill. As real estate developers we’re always thinking about improving things. But what happens when things go bad in a neighborhood, and quickly? When you hear something like, there goes the...

Today is June 6, The 75th anniversary of D-Day. We are coming to you live from northern France. D-day was the coordinated assault by Allied forces on the beaches of Normandy. It was the beginning of the liberation of Europe from Nazi occupation. The assault on the...

Joseph asks: “My wife and I are getting ready to move into rental properties and we are at a sticking point of what a rental should be like inside. I’m okay with things being clean, unbroken, & liveable; she is more of the opinion of caring about the person...

On today’s show we’re talking about what happens when businesses shrink. The latest earnings season for retail brought some more bad news. But let’s be clear, retail isn’t dead. It just has too much friction.  There is the perception that the lowest prices can be...

On today’s show we are talking about what is up or down with interest rates.  Interest rates are traditionally influenced by two main factors, inflation and risk. If inflation goes up, then naturally investors will want their bonds to at least keep pace with...

Andrew Keel is an expert in repositioning manufactured home parks. He currently operates 14 parks in 6 states. To find out more, contact Andrew at keelteam.com. 

Today is June the first and on the first day of each month we feature a new book on our book of the month episode. 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...

David from Placencia in Belize asks: "I was wondering your thoughts on opportunity zones. Specifically do you feel this can trigger a mass exit in the market that will drop stock prices for ones wanting to get into Opportunity Zones and trigger a crash or at least a a...

The recent tornadoes to hit the midwest have cut a swath of damage and devastation. The storms hit populated areas including Dayton Ohio, and Kansas City. Over 100 tornados have hit the midwest in 12 straight days. Federal government weather forecasters logged...

On today’s show we are talking about leverage. But folks I’m here to tell you that most people think of the word leverage in a very narrow way.  Most of the time when we say the word leverage it’s assumed that we are talking about borrowing money, financial leverage. ...

 U-Haul is known for the do-it yourself mover. Frankly they have a great product.  I especially have a soft spot in my heart for their smaller moving trucks. Are used to rent them on a regular basis when I was in my teens and early 20s.  One of the great things about...

Today is another AMA episode, Ask Me Anything.  Ryan from Fresno, California asks.  "I really enjoy your Real Estate Espresso podcast. Thanks for the great work. The silly question has in my mind for a while. Why do banks, including lenders backed by Fannie Mae, make...

On today's show I'm talking with George Ross on the current state of the negotiations between the administration and China surrounding Huawei, who happens to have a leading next generation cellular infrastructure offering with their 5G base stations. 

Sonia Lee is a syndicator based in San Francisco. She invests in multiple asset classes. On today's show we take a look at a 252 unit apartment complex in Evansville Indiana. Sonia's company can be found at leewardrei.com

Earlier we talked about the economics of solar power compared with purchasing electricity from the power grid. On today’s show we’re talking about another form of power co-generation.  Many larger commercial facilities are turning to co-generation as a way of reducing...

Have you ever had a situation where you had purchased something and then couldn’t find it? So you went out and bought another one? It happened to me. I couldn’t find my tape measure. It was in my toolbox. Eventually, I really needed it so I went out and bought another...

Billy from Barcelona Spain asks: I’ve been listening to you RE Espresso podcast recently and I really enjoy your perspective and the content… I’ve been thinking of starting a podcast and have gotten stuck on the design of the show, and some of the technical aspects of...

I’m a huge fan of solar energy. My boat has solar panels and I can go weeks without plugging into shore power. I love everything about it. So today I’m going to share an analysis of solar power economics that I recently undertook. I do this every few years, because...

Thank you to all the loyal listeners. I’m truly astounded that The Real Estate Espresso Podcast now has listeners in 114 countries. Whether you are located on an island in the Pacific, central Africa, South America, Europe or the good ol USA. Thank you for listening. ...

Devin Redmond is with Stessa, a new property management software startup based in the San Francisco Bay area. On today's show we are talking about some of the limitations of many of the established applications in the market and how a bigger picture can help investors...

Tom Krol is a specialist in Wholesaling. He has raised the art of wholesaling above real estate and totally separated it from the science of real estate investing. This is a perspective on wholesale transactions that you likely have never heard before. Check it out....

The Yale endowment is  considered as one the best institutional investors. In 2018 it earned a 12.3% return, beating the average endowment return in 2018 at 8.2%.  For 2019 they are allocating 49% to illiquid / alternative assets (VC, leveraged buyouts, real estate,...

On today’s show we’re talking about how properties disappear from the market. No, they weren’t demolished. I’ll tell you where they went.  Harry Dent is an economist who bases his entire thesis about the economy on demographics. Demographics can predict so much about...

On today's show we’re talking about President Trump’s visit to a project located just down the road from several of our own new development projects. The president was in lake Charles Louisiana to promote the expansion and job creation opportunities associated with...

Today’s show is about protecting rookie investors from making bad investment decisions.  This weekend I was speaking at an investment conference. I had several people approach me and ask advice about buying properties in markets where purchase prices were low and...

 What can we learn from the Uber and Lyft Initial Public Offerings? Both companies have grown to the point where they have a strong share of the market globally in just a few short years. Both companies have seen Luke-warm demand for their stock post-IPO. Uber and...

Kyle Humphreys oversees the building of new construction projects in the high arctic. The considerations there are completely different from the dense urban projects most of us are involved with. Join me for this fascinating conversation.

Rod is one of the most well known apartment real estate investors with a large following. On today's show we had a wide ranging conversation about goal setting and setting life priorities. His upcoming bootcamp in Denver is always widely attended. If you go to...

On today’s show we are talking about some low-cost improvements that can build tenant loyalty, and create a lot of goodwill between landlords and tenants. When tenants are late with their rent, it’s often because there is something about their accommodation that isn’t...

Frank from Portugal asks: “I’ve had my eye on a 6 plex that has been on the market for 5 years. The original owner who built them went into bankruptcy 8 years ago and only completed 60% of the project. I’ve spoken with the local bank manager that owns the property and...

On today’s show we’re going to talk about how many people in business are confusing their customers with their business cards. In particular, I’m talking about real estate investors.  I was sitting with a client today having an intellectual conversation about what...

The front page of the wall street journal this week had a story on Dean Foods. Dean Foods is America’s biggest milk dairy. Milk consumption has been declining for nearly 30 years and the company is starting to feel the pinch. Multiplying the problem, Walmart used to...

Nicholas asks: "I see you having interviews with lots of celebrities. These are not people I ordinarily run into. If I’m looking to elevate my game and build relationships with successful people, how would you suggest that I go about connecting with those people?"...

On today's show I'm answering questions on capital raising because it's not easy to raise funds if you've never done it. 

Today's talk was recorded live in Lancaster Pennsylvania. We're talking about the laws of supply and demand. 

Today we're talking about the Inflation Deflator.  The rate of inflation in the US, Canada, Europe and much of the industrialized world is reported by each respective central government. These statistics follow a methodology that is publicized, but highly complex and...

Today’s episode is another AMA episode. That is ask me anything.   Dominic asks While I am new into real estate investing, I do have prior business experience. I am primarily interested in passive investing, for now, with a main interest being multifamily projects....

The book of the month this month is "The Miracle Morning” by Hal Elrod.  Hal is a human enigma. He’s the cat with 9 lives. When he was 20 years old, he barely survived a car crash that should have left him crippled for life, and with permanent brain damage. After six...

Today’s show is about how a bad appraisal can adversely affect your business.  Appraisers determine the value of your property in the eyes of a lender and they help the lender independently justify the loan to their loan committee and to the bank regulators. This...

Today’s show was inspired by something that happened recently. I was at a party and I met someone who said they knew who I was, but I didn’t know them. That happens often when you speak frequently as I do. She was asking me about the projects we have underway. She was...

Patrick Francey is CEO and Managing Partner of The Real Estate Investment Network. He can be reached at reincanada.com. 

Matthew Sullivan is the CEO of QuantmRE.com, a firm that specializes in a different form of financing for property owners. Chances are that you've not heard of this business model before. It's a fascinating twist on how to take advantage of the equity in a...

We tend to think of most investors as rational beings who think through each situation and look for the best economic solution for a given investment.  But if that were true, there would be very few good deals on the market. There must be something else in play.  The...

Last week I was in Toronto and my meeting was right downtown. Hotels were incredibly expensive, and the hotel where my meeting was being held was advertising rooms for $600 per night. So rather than stay near the airport and fighting rush hour traffic, I decided to...

On Monday the Social Security Administration issued their annual report. This story was relegated to a back page of the paper. Somehow the one and only story that’s going to affect every person in the country was less important than the optics of Mike Pence’s tax...

Virtually everything we buy emits sulphur to get it to the destination.  On today’s show we’re talking about a major shift in shipping that is not capturing major headlines, but will have a significant and measurable economic impact on global trade. 90% of the world’s...

This weekend I spent a couple of hours in a flight simulator. My sister is the chief pilot for a major executive jet manufacturer.   Together we practiced take-offs, landings, ground taxi, instrument landings, avoiding thunder storms, low ceiling conditions,...

Peter Schiff is a well known author, economics commentator, fund manager, and radio host. His show, the Peter Schiff Show is consistently among the top business and economics shows. He's a frequent guest commentator on TV. He's the principal at schiffgold.com and now...

Brad Smotherman specializes in notes and creative financing. His take on how to use creative financing to generate revenue streams out of properties that are in financial distress is utterly fascinating. You will definitely want to pay close attention to what Brad has...

How would you like the government has your home ownership partner? This week the Canadian government announced a new program that as far as I know is the first of its kind in the world. The measure would make it easier for first time home buyers with household incomes...

David from Seattle asks. Your recent episodes on the Fed and the worrying size of their balance sheet are timely but also quite unnerving. Given the potential strong inflationary pressure in the coming years, two popular hard assets come to mind: gold and real estate....

On today’s show we’re talking about a strategy for creating value in expensive markets. In some of the most expensive cities in North America, cities are increasingly charging development fees or impact fees for new construction. These fees pay for paving new roads,...

Today’s show is focused on the consequences of the shrinking middle class. If you go back to the 1960’s and 1970’s it was possible for a single income family with blue collar employment to join the ranks of the middle class. Today, the number of two income families...

Today is another Ask Me Anything episode. Robin from Ottawa asks. “How do you build relationships with high net worth individuals? In your book Magnetic Capital, this is one of the primary factors you touch upon. Let's say you meet an individual at an event and...

Today's conversation is a lunchtime discussion about how to negotiate development projects and some ideas on how development deals can be structured.  Enjoy...

Brien Lundin is the publisher of The Gold Newsletter, the foremost publication and oldest on precious metals. He's also the promoter of the New Orleans Investment Conference, the longest running investment conference in North America, now in its 45th year. Today we're...

Today’s show is my perspective on the college admission scandal that has been grabbing headlines across the US. At the center of the scandal is a Rick Singer, a former Canadian football League player who has more recently been in the speaking circuit and working as a...

On today’s show we are asking the question is flipping a legitimate form of real estate investing? A lot of people enter the world of real estate investing because they are drawn by the lure of mailbox money. They are drawn by this thing called passive income.   Well...

On today’s show we’re talking about how to make sense of confusing market trends. These days there is no shortage of contradictory data.  I’m continually reminded that real estate is hyper-local. The news media reports the averages, the macro trends across the nation,...

David from Seattle asks.  Within the realm of private placements, how should investors think about investing in a fund vs in a project? Funds pool money and share the risk across multiples projects. However, funds further separate investors from the actual assets and...

On a public show such as this, there is a tendency to focus on the positive, to highlight successes, to inspire you the listener to greater heights. On today’s show we’re talking about one of the darker sides of being in business. But as Jim Collins, the author of...

Robert and I sat down on the balcony of his suite on the Investor Summit at Sea for a conversation about his new book "Fake"  which launches on his birthday April 8.  

On today's show, special guest Ed Griffin joins me to talk about what it means to swallow the red pill. For those of you fans of the movie "The Matrix", you'll know exactly what we're talking about. For the rest of you, watch the movie.  We held a private screening of...

On today’s show we’re talking about demographics and the senior housing market. The baby boomers began turning 65 years of age in 2011. Today the oldest baby boomer is 72 years old. By 2029 the remainder will also reach age 65 and account for more than 20% of the...

The UK is past the deadline for leaving the EU with no deal that has been accepted by the British parliament.  The entire Brexit situation is incredibly complex. Prime minister may has set a new deadline for leaving the European Union by May 22. If the departure is...

On today’s show we’re talking about how a remodel can destroy the value of a property. The TV Reno Shows are sometimes bringing people into the remodelling business that only see one thing. They say, I can make this house nicer too. They become inspired to replicate...

On today’s show we’re examining the idea of seeing over the horizon.  The horizon is the distance that you can see before the curvature of the earth obscures what is just a bit further away.  Generally speaking For an observer standing on the ground with h = 2 metres...

This month’s book is a 600 page classic called “The Creature From Jekyll Island”. The subtitle is “A Second Look at the Federal Reserve”, by G. Edward Griffin. The subtitle really tells the story of what the book is about.  The fact is, very few people really know...