The Real Estate Espresso Podcast

Latest Episodes:

How Is This Legal? Apr 02, 2024

Show notes

On today’s show we are looking at what I consider to be a double standard. There is one set of rules for the average person and another set of rules for the government.

We know that using funds from new sources of funding to pay off existing investors is the very textbook definition of a Ponzi scheme. These are highly illegal and the likes of Bernie Madoff should rot in jail for stealing from people.

But there is another form of the same thing which involves investors and is sanctioned by the SEC.

Have you ever heard of a Naked Short Sale?

On today’s show I’m going to be quoting directly from the SEC regulations.

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Host: Victor Menasce

email: podcast@victorjm.com

BOM - Radically Condensed Instructions For Being Just As You Are by J Matthews Apr 01, 2024

Show notes

Our book this month is “Radically Condensed Instructions for Being Just as You Are” by Jennifer Matthews.

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Host: Victor Menasce

email: podcast@victorm.com

Luxury RV Park Investing with Ben Spiegel Mar 31, 2024

Show notes

Ben Spiegel is based in Greenwich, Connecticut where he specializes in design and construction of luxury RV Parks. This is an asset class that is often overlooked. To connect with Ben, visit redwoodcapitaladvisors.com

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Host: Victor Menasce

email: podcast@victorjm.com

Fighting City Hall with Hayden Crabtree Mar 30, 2024

Show notes

Hayden Crabtree is a storage developer based in Atlanta, Georgia. On today's show we are talking about a project in Fort Myers that went sideways in the approval process. This is a powerful story packed full of lessons.

To connect with Hayden, he is @haydencrabtree on Instagram. His book "Skip The Flip" is available on Amazon and his cost segregation business is at remotecostseg.com

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Host: Victor Menasce

email: podcast@victorjm.com

What Is Our Economy Doing? Mar 29, 2024

Show notes

While the US Federal Reserve has made very few signals about what is happening in the economy, there are many more alarms being sounded by central banks elsewhere in the world. On today’s show we are looking at what those other central banks are saying and some of the policy changes that have already occurred.

The most visible signal we are accustomed to seeing in a recession is job losses. So far, while job losses have increased, most would not consider recent job loss data to be an economic calamity.

But the signs of economic slowdown are not limited to the economies in North America.

There are numerous Countries in recession right now. Germany, Italy, France, the UK Japan are all in recession.

AMA - Buying The Neighbor's Land Mar 28, 2024

Show notes

Today’s question comes from Chandler who writes:

I was turned onto your podcast a little over a year ago and have received tremendous value from your insights ever since. Thank you for your consistent efforts to deliver information about the nuts and bolts of the real estate world.

A little over a year ago, I purchased my first storage facility. After completing a fairly substantial facelift on the property and aggressively managing the rates, I've been able to double my gross revenue from the time of purchase. However, even with the increased rates, the demand for my units continues to outpace my supply. I have no previous experience in construction, so the idea of an expansion project overwhelms me, but I don't plan to let that stop me.

The property adjacent to mine is a large tract of vacant land. I'd like to approach the owner about purchasing the property from him, but I don't want the potential price or terms of the deal to be influenced by the fact that I own the storage next door. Is there a way I can find out how much he wants for the land and make an offer on the property without disclosing my identity? Would this strategy even be appropriate, or am I overthinking the whole thing?

Thanks again for all of your help!

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Host: Victor Menasce

email: podcast@victorjm.com

AMA - Should I Hire A Buyer Agent? Mar 27, 2024

Show notes

Today’s question comes from Jonathan who asks.

Your recent episode on the NAR lawsuit settlement left me with a question. From what I understand, NAR recently settled the class action lawsuit and buyer’s will be required to hire and pay their own buyer agents. You mentioned in that episode that the practice is now matching what was already the practice in commercial real estate. So when you are buying commercial real estate, do you actually hire buyer representation? As a commercial investor, should I pay for buyer representation?

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Host: Victor Menasce

email: podcast@victorjm.com

Squatting Versus Trespassing Mar 26, 2024

Show notes

Where is the line between break and enter, theft, and a tenant being evicted unlawfully?

Well, that is now being finally clarified in a couple of states. If someone breaks into your house and starts stealing your stuff, then you would do the natural thing and call the police to have the crooks arrested. But when the police show up, if those people claim to be a tenant, the police will probably tell the owner to have them evicted through civil litigation in the court system. In many states, this process can take upwards of years.

The state of Florida just passed legislation that restores property rights to property owners.

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Host: Victor Menasce

email: podcast@victorjm.com

Where Does The Water Go? Mar 25, 2024

Show notes

On today’s show we are talking about flooding. When it rains you have to think about where the water is going to go.

We’ve all heard the advice about how to always pitch your tent in a high location and to avoid the low spots where water will flow in the event of a rainstorm.

The same advice applies to construction. Except the construction itself can be a source of problems when it comes to storm water management.

Storm water management is governed by a set of principles, that is to say the laws of physics and often further constrained by regulations from multiple jurisdictions.

The basic principle behind most of the regulations is that Mother Nature was perfect in her design of our planet and that it is the alterations caused by humans that are responsible for messing things up.

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Host: Victor Menasce

email: podcast@victorjm.com

Casual Conversation with George Ross Mar 24, 2024

Show notes

On today's show we are jumping into the realm of Artificial Intelligence and George is answer a question that was composed by an AI bot.

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Host: Victor Menasce

email: podcast@victorjm.com