The Real Estate Espresso Podcast

On today’s show we’re talking about a couple of very specific things you can do as an investor to save money in your construction projects. If you’re going to save money, you need to be willing to make decisions. But often the people on your team are not offering up the suggestions with which to make these decisions. If you don’t know what to look for you need to become knowledgeable in the types of materials that are in short supply. We have several construction projects underway and there is a distinct shortage of supply for roofing trusses and floor trusses. If you’re involved in wood framed construction, there are a few choices on the types of products you can use. ------------------ Host: Victor Menasce email: podcast@victorjm.com

On today’s show we’re taking a closer look at market analysis to really understand what some commentators are saying. We’re seen stock market analysts try to explain market behaviour with mathematical equations. They think up fancy terms like “technical analysis” to describe market sentiment and they distinguish the market behaviour from fundamentals. They even start to give the market a personality. These mathematical models get refined over time and become more and more accurate at describing past behaviour until you see a surprise event which is not described in the equations and then the model doesn’t work anymore. We’ve seen the models fail to predict virtually every major stock market event. Well now, this same kind of flawed analysis is making its way into the world of real estate. I’m bringing this up because when analysts use equations and show sophisticated looking graphs, the seem smart and these analysts gain a following. ---------------------- Host: Victor Menasce email: podcast@victorjm.com

On the first few days of this week we are talking about what kind of amenities today’s buyer is looking for. When I say buyer, we could be talking about a single family home, a condo, or an apartment. All three are your target buyer. All of them will look at your amenities and often make the decision to buy or rent based on the features and amenities. On Mondays  show we focused on single family homes. On yesterday’s show we talked about condo amenities and on today’s show we’re talking about apartment amenities. ---------------------- Host: Victor Menasce email: podcast@victorjm.com

On today’s show and for the first few days of this week we are talking about what kind of amenities today’s buyer is looking for. When I say buyer, we could be talking about a single family home, a condo, or an apartment. All three are your target buyer. All of them will look at your amenities and often make the decision to buy or rent based on the features and amenities. On yesterday’s show we focused on single family homes. On today’s show we’re talking about condo amenities and on tomorrow’s show we’re talking about apartment amenities.

On today’s show and for the first few days of this week we are talking about what kind of amenities today’s buyer is looking for. When I say buyer, we could be talking about a single family home, a condo, or an apartment. All three are your target buyer. All of them will look at your amenities and often make the decision to buy or rent based on the features and amenities. Amenities are difficult to value because they don’t show up in the market data. Even if the amenity has value to some of your clients, you would conclude that it has zero value simply by looking at the data. On today’s show we are focusing on amenities for single family homes that are selling in today’s market. Tomorrow we will focus on condo and Wednesday’s show will focus on apartments. So the question is, what amenities would buyers value in a single family home in today’s market? ----------------- Host: Victor Menasce email: podcast@victorjm.com

Amy Johnson is a developer based in Salt Lake City, Utah. But her development projects are geographically dispersed across several communities. On today's show we're talking about the challenges of getting projects approved in multiple communities.  You can connect with Amy at Infiniterealestategroup.com  ------------------------ Host: Victor Menasce email: podcast@victorjm.com

On today's show we're talking with George about whether the threat of litigation is higher when building condo's versus other asset classes.  --------------------- Host: Victor Menasce podcast@victorjm.com

On today’s show we’re talking about how business travel is different during the pandemic. There is a lot that can be accomplished using a video conference. To be sure, we hold zoom and team meetings daily. Sometimes, even hourly. But I was using video conferencing daily and often hourly before the pandemic. ----------------- Host: Victor Menasce email: podcast@victorjm.com

On today’s show we’re talking about a major supply chain disruption that is going to affect the entire construction industry. James Hardie Building Products is one of the largest manufacturers of cement board exterior siding. Their products are used extensively in residential construction and in multi-family apartment construction. The company has been struggling to meet demand for product for much of the past year. This past week, the company wrote a letter to all of its customers with some rather shocking news. I’m going to read the majority of the letter to you and then discuss what it means if you have a project that is in need of exterior siding products.

You’ve probably heard the phrase that the only winners in a dispute are the lawyers. Sadly, that’s often the case in today’s litigious environment. Well, on today’s show we’re talking about a court proceeding that our team has been peripherally involved with, where we received the judgement today. ---------------- Host: Victor Menasce email: podcast@victorjm.com