1,712 episodes

Your morning shot of what's new in the world of real estate investing. Daily real estate investment outlook from investor, syndicator, developer and author Victor J. Menasce, so that you can compress timeframes as a real estate investor or developer. Weekday shows are 5 minutes of high energy, high impact awesomeness. The weekend edition consists of interviews with notable guests including Robert Kiyosaki, Robert Helms, Peter Schiff, Chris Martenson, Mark Victor Hansen, George Ross, Ed Griffin, Dr. Doug Duncan, and many more.

Real Estate Espresso Victor Menasce

    • Business
    • 4.9 • 113 Ratings

Your morning shot of what's new in the world of real estate investing. Daily real estate investment outlook from investor, syndicator, developer and author Victor J. Menasce, so that you can compress timeframes as a real estate investor or developer. Weekday shows are 5 minutes of high energy, high impact awesomeness. The weekend edition consists of interviews with notable guests including Robert Kiyosaki, Robert Helms, Peter Schiff, Chris Martenson, Mark Victor Hansen, George Ross, Ed Griffin, Dr. Doug Duncan, and many more.

    Pension Crisis Looming

    Pension Crisis Looming

    On today's show we're talking about a looming crisis in pensions that has not been reported widely in the mainstream media. 

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    Host: Victor Menasce

    email: podcast@victorjm.com

    • 6 min
    Surviving The Everything Bubble

    Surviving The Everything Bubble

    On today's show we're talking about how monetary policy is dominating business fundamentals. 

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    Host: Victor Menasce

    email: podcast@victorjm.com

    • 5 min
    George Ross on the pace of negotiation

    George Ross on the pace of negotiation

    On today's show George demonstrates his extraordinary prowess in negotiation when speaking about controlling the pace of negotiation. 

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    Host: Victor Menasce

    email: podcast@victorjm.com

    • 13 min
    Bronson Hill

    Bronson Hill

    Bronson Hill lives in Los Angeles but invests in multi family apartments in Jacksonville, Florida. On today's show we're talking about the current market conditions and why he chose the Jacksonville market. You can connect with Bronson at bronsonequity.com where he has a free e-book entitled "How to use inflation to your advantage."

    • 9 min
    What To Do When The Cost Is Too High?

    What To Do When The Cost Is Too High?

    On today’s show we’re talking about how to rethink construction projects that might have made sense a year ago, but today’s higher cost, higher interest rate environment are looking questionable.

    Costs are up across the board. The cost of capital has risen faster than the cost of construction and the compounding of those two makes for a massive increase in the cost of any new construction. Buyers are being cost conscious.

    Purchase prices have already started falling and are likely to continue a downward trajectory for a while. Where they will bottom is unknown.

    So if you have a project that looks like the costs are spiralling out of control, what do you do? Do you simply hang on and wait for better days?

    That’s one option. But there might be additional hidden value that can be extracted. Maybe now is the time to consider value engineering the project. Value engineering is more than just being cheap, substituting less expensive components. It’s an exercise in making decisions that respect the original design sensibility, but actually save money.

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    Host: Victor Menasce

    email: podcast@victorjm.com

    • 5 min
    Is The Fed Stoking Inflation?

    Is The Fed Stoking Inflation?

    On today’s show we are talking about the cost of home ownership and how the consumer price index fails to properly account for housing cost in its metrics.

    Agency loans make up 70% of the mortgage market in the United States. These are typically underwritten by Fannie Mae or Freddie Mac as the guarantor of the high ratio loan.

    The average down payment is 5%, as compared with the minimum down payment of 3% for the FHA 203B loan. These loans have a 30 year amortization. A year ago, borrowers were paying 3.25% for that loan. Today that loan is pricing at over 6.25%.

    At the start of the pandemic the average house price in the US was $374,500. At the end of 2Q 2022, the median house price was $525,000.

    So the average loan size increased by 40% from 2019 to today. But in that time, we also have a dramatic increase in interest rates. When you combine the two together, even if we neglect the other increasing costs, just the cost of capital has gone up by 112%.

    A mortgage payment on a $374 home with 5% down is $1,548 per month. That same house having gone up 40% in the past two years at today’s 6% interest rate would cost $3,275 per month.

    Now housing makes up 40% of the consumer price index. I honestly can’t figure out how the government is computing the housing contribution to the CPI. Rent is part of it, and home purchase price is part of it.

    The true monthly cost of ownership has gone up by 112% in two years, and the increase in interest rates is responsible for more than half of that increase in cost. The rise in interest rates is supposed to reduce inflation, and here it looks like the opposite.

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    Host: Victor Menasce

    email: podcast@victorjm.com

    • 6 min

Customer Reviews

4.9 out of 5
113 Ratings

113 Ratings

Da real jonny ,

Best way to start the morning

Victor packs so much value into a very digestible podcast! Big fan!

Tyrell Hayden Real Estate ,

Best Real Estate/MacroEconomic Podcast!

Thank You Victor! I Share Your Podcast Show With All My Friends That Are Serious About Real Estate And MacroEconomics. Love When George Ross Makes His Appearances!

Trevor Oldham ,

Awesome!

One of my new fav shows!