The Real Estate Espresso Podcast

On today’s show we are talking about a question that came to me on a phone call yesterday morning. The person asking the question was seeking to help another investor who has run into financial difficulty. 

The question was whether a standby letter of credit could be used to help a real estate investment firm that was seeking to refinance their bridge debt into a lower interest rate permanent financing. 

Given that the person askin...

On today’s show we are talking about a project of ours that recently completed the zoning approval process. 

This is a 20 acre site in a suburb of Salt Lake City called Brigham City. The property itself is situated next to one of the two highway interchanges from Interstate 15 into Brigham City. Immediately across the street is a new Walmart Super Center. 

The total site plan consists of the Marriott Town Place Suites hotel, 120 ap...

Mauricio Rauld is the founder of the Premier Law Group and specializes in securities law. On today's show we are talking about the forecast changes to securities regulations in the US. Mauricio's team performs all of our US securities work at Y Street Capital. He also wrote a new book called "Legal Strategies for Everyone" and you can connect with him through his website at https://legalstrategiesforeveryone.com/

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Our book this month is called Day Trading Attention: How to actually build brand and sales in the new social media world by Gary Vaynerchuck, the CEO of Vayner Media. Gary is well known as a keynote speaker in the world of marketing. His YouTube and social media following is massive. 

Gary’s thesis is that in order for your marketing message to be received, you need to be using channels that are in your customers field of view. If ...

Today’s question comes from Dan who asks. 

I’m currently evaluating an investment in a multi-family apartment project. I’ve heard so many horror stories lately about investments going bad in the past year that I’m struggling to figure out how to perform due diligence. If you were looking to make a passive investment in someone else’s deal, how would you conduct the due diligence? 

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Host: Victor Menasce

email: podcast...

You have probably seen the pitch on social media. I’m approached almost daily on LinkedIn. These companies and individuals are frequently offering any amount of funding from $500,000 up to $500M. Some are offering to partner with you on projects. Some are offering both debt and equity. 

Offers of funding can sound enticing to those who are seeking additional capital to cover a shortfall in their business. 

As always you need t...

As many of you know, in addition to being the host of the Real Estate Espresso Podcast, by day I’m the senior partner at Y Street Capital. Our firm is active across 9 states in the US and also in Canada where I reside. 

It sounds strange to say this, but Canada has a much more acute housing crisis than the US. Our population has grown through immigration much faster than the US. Many Canadian cities are facing a crisis of availabil...

Today’s question comes from Daniel who asks:

I’m a busy professional and have several friends that also have money to invest. I am considering inviting my friends to invest along with me but am conflicted. If there are problems with the investment, I don’t want to damage the friendships. At the same time if these are good investments, it would seem disloyal not to invite my friends along the same journey. What are your thoughts on ...

On today’s show we’re going to take you through thought experiment. I’m going to give you two distinct sales pitches. I’m going to bet that most people will choose the lifestyle investment. 

The first is a luxury condo located in paradise. When you are not staying in your condo, it goes into the hotel's pool of rooms and you share in the hotel revenue. Hotel guests will pay for your vacation property.

The second sales pitch is...

On today’s show we are taking a look at a report that was published by Fannie Mae’s research team on Monday of this week. Fannie Mae’s research team is under the direction of Chief Economist Dr. Doug Duncan who is a past guest on this show. We are accustomed to getting overall market updates from Fannie Mae. This one was very different in that it was very narrowly focused on the insurance. I don’t ever recall seeing a report like t...

On today’s show we are talking about the biggest things I look for when it comes to building on a new site.

If you know the product that you are looking to build, then the hard cost of construction is fairly easy to estimate with pretty good accuracy.

The largest variable is the site related costs. These can quickly spiral out of control. These risks are so severe that they can represent an existential threat to your project. 

The ...

Have you ever wondered how the mapping software on your phone can alert you to a traffic jam? 

It doesn’t matter if you are using an android phone or an iPhone, the mapping software uses the same basic technique for determining what is happening in traffic. If your phone has location tracking turned on, then the operating system services will report back to Google or to Apple Maps the moving speed estimation of your phone and all o...