The Real Estate Espresso Podcast

Adam asks a great question My grandmother taught me about the “pay yourself first” philosophy. What are your thoughts on this approach to allotting money for investment purposes? This is such a great question. In truth, it doesn't really mean "pay yourself first". It means establishing your values and priorities and using that framework to make monetary decisions.

The US Federal Reserve met in Jackson Hole Wyoming last week. At that meeting Fed chairman Powell said that they were going to keep rates low as long as possible. They were looking beyond inflation for signs of excess, and so far they can't find any. The Bank of Canada also announced yesterday that they were keeping their rate fixed at 1.5% while they wait to see how the renewed North American Free Trade Agreement talks play out. The result of the negotiation could impact inflation and the balance of trade between the two nations.

Adam asks whether Wholesaling can be a sustainable business, or whether it is simply a tool in the toolbox?

Today's episode dives deep into why family offices exist and what problems they can solve for families with wealth. It may seem like the family is simply being lazy and they would rather enjoy their money than manage it. But that's not necessarily the case. Family offices serve a very important function in preserving intergenerational wealth.

On today's show we're talking about how to get advice. There is no shortage of opinions. But are those opinions actually worth anything? What are those opinions based on?

Scott Smith is an asset protection attorney based in Austin Texas. He is a real estate investor and he also works with his clients to educate them on the types of structures that minimize risk from frivolous law suits. You can learn more from Scott at www.royallegalsolutions.com/espresso where he has put together a special offer for Real Estate Espresso podcast listeners.

John Lee Dumas and his partner Kate Erickson launched the Entrepreneurs on Fire Podcast 5 years ago. More than 2,000 episodes later, and over 65 million downloads, he has one of the most successful business podcasts in existence. Today's episode is a glimpse of a mastermind call I had with John and Kate a few weeks ago. I believe it's vitally important to surround yourself with the very best people on the planet and learn from them. Enjoy....

Sometimes the best clean tech involves using less energy. On today's episode we examine 3 things that can save major expense in an office building.

Adam asks a great question. He asks if clean energy is worth investing in? It's a complex question which requires an understanding of the linkage between energy consumption and economic output. It also requires and understanding of energy density. The short answer is yes, it is worth investing in, but which one specifically?

Big data refers to the mining of gazillions of unstructured data looking for trends and in some cases specific information that can give a business advantage. It's simultaneously an opportunity for business and a massive invasion of privacy for private citizens. What does it mean for you?