Small Market Madness

The Real Estate Espresso Podcast

Small Market Madness

Spotify Google Podcast Apple Podcast Subscribe via RSS Leave a Review

Welcome to the Real Estate Espresso Podcast, your morning shot of what’s new in the world of real estate investing. I’m your host, Victor Menasce.

I’m astounded at the frequency with which I see absolute fanatics 📝fanaties in proposed commercial projects. One project in particular involves the development of a luxury mid-rise building in a tertiary market. Where these smaller markets have an advantage is there’s less infrastructure at the municipal level. They don’t have the multi-billion dollar subway system to build, and they don’t have massive social assistance programs. The extent of their utilities is much more contained and therefore the impact fees charged to developers are going to be much lower. So that has the effect of lowering the land cost and generally speaking, the land cost itself is going to be much lower compared with the competitive environment of the big city.

(remaining of podcast content)

As you think about that, have an awesome rest of your day, go make some great things happen. We’ll talk to you again tomorrow.

Stay connected and discover more about my work in real estate and by visiting and following me on various platforms: