Podcasts about Honolulu

The legendary Night Marchers of Hawai'i still roam under the moonlight—and crossing their path could cost you everything. Yvette and Rasha return home to Honolulu with master storyteller Lopaka Kapanui to uncover the true history, hauntings, and powerful mana behind Hawaii's most feared spirits.For a full list of sources, please visit: sosupernaturalpodcast.com/legends-of-hawaii-night-marchersSo Supernatural is an Audiochuck and Crime House production. Find us on social!Instagram: @sosupernatualpodTwitter: @_sosupernaturalFacebook: /sosupernaturalpod Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

BONUS episode featuring my summer of presidential travels as I fit in as many birthplaces, gravesites, homes, and other sites into one history professor's summer break. My trip to New York, Boston, Georgia, and Texas, with side jaunts to Oregon and Ohio! Links to Previous Episodes Mentioned:Birthplaces"John Adams and Braintree""John Quincy Adams and Quincy""Theodore Roosevelt and Manhattan""Calvin Coolidge and Plymouth Notch""Herbert Hoover and West Branch""Franklin Roosevelt and Hyde Park""John F Kennedy and Brookline""Jimmy Carter and Plains" "George W Bush and New Haven""Barack Obama and Honolulu" Homes"John Adams and Peacefield" "Franklin Pierce and Concord""Rutherford Hayes and Spiegel Grove""Warren Harding and Marion""John F Kennedy and Hyannis Port""Jimmy Carter and the Carter Home""Barack Obama and Oahu" Gravesites"John Adams' Tomb""John Quincy Adams' Tomb" "Franklin Pierce's Tomb" "Ulysses Grant's Tomb""Rutherford Hayes' Tomb" Support the show Also, check out “Visiting the Presidents” on Facebook, Instagram, and Twitter!

What are the three planning mistakes most first-time Hawaii visitors don't see coming?Planning your first Hawaii trip means navigating flights, islands, and accommodations—but the real pitfalls aren't what you'd expect.

Honoring the brave men and women who served our country; from parades to tribute ceremonies, we take a look at how Hawaii celebrated Veterans Day. As Gov. Josh Green moves forward in negotiating new military land leases, the Office of Hawaiian Affairs is demanding a role in decision-making. And the House is set to vote as early as tomorrow on a measure to fund the government after senators passed a funding bill.See omnystudio.com/listener for privacy information.

The government shutdown has turned life upside-down for millions. So with a possible end in sight, we explore how long it will take for things to get back to normal. Fresh fears from homeowners, as ocean swells eat away at properties. Leaders calling for a seat at the table as the state negotiates land leases with the military, details this morning on why the Office of Hawaiian Affairs says it wants in. See omnystudio.com/listener for privacy information.

Unpaid federal workers in Hawaii continue to turn to community food drives to help feed their families. Hawaii's high profile ICE raids have been seen on TV and social media, but advocates are raising concerns about instances where undocumented immigrants are being targeted quietly. And a large north swell and dangerous surf conditions led to a number of beach park closures on Hawaii Island.See omnystudio.com/listener for privacy information.

A spike in immigration arrests in Hawaii. We'll check the numbers on increased enforcement efforts across the state. How do you think HPD is doing in protecting our community? Details on a new survey where you can give your opinion. We honor our servicemen and women on this Veteran's Day. Casey Lund is live this morning on events happening today.See omnystudio.com/listener for privacy information.

Hawaii and the rest of the nation are honoring our heroes on this Veterans Day. At the Waikiki Natatorium War Memorial, a moment of silence was held in tribute of the 10,000 Hawaii veterans who served in World War I. The House is set to vote as early as tomorrow afternoon on a measure to fund the government, after the Senate broke the stalemate last night, passing a bill to end the longest government shutdown in American history. And Former President Barack Obama surprised veterans of the Korean and Vietnam Wars when their honor flight landed in Washington, D.C.See omnystudio.com/listener for privacy information.

I'm back from my unplanned mixing hiatus. This set features 22 Dance, House, Tech House, and Techno tracks from such artists as Calvin Harris, Afrojack, DJ Minx, Gary Beck, Faithless, and more. Check out my post on Instagram for all of the ID's @mikelettner. I hope you enjoy this and mahalo for listening!

Maui County Mayor Richard Bissen has announced he's running for reelection. We'll look at the priorities of his campaign. As we get set to honor our veterans tomorrow, the city is making moves to help them cut some costs. Rent rate confusion in Waikiki. Tenants of a senior living complex were told their rent was doubling. Why does the landlord say now that was a mistake?See omnystudio.com/listener for privacy information.

Senate Republicans hope to hold a vote soon on a funding package after a group of Democrats split with their party to support a measure that would end the longest government shutdown in U.S. history. Despite calls from the federal government to block food assistance -- Hawaii lawmakers say aid will still be available. And officials have positively identified a body found in Waipio as Jonnaven Monalim, a former government witness who testified in the 2004 Pali Golf Course shootout case. See omnystudio.com/listener for privacy information.

Our final episode of Season 4! This week, we travel to Hawaii with a whole troop of good people to visit some remarkable refugia spaces near Kaneohe Bay on Oahu. This episode, produced by Colin Hoogerwerf and Jim Stump, first aired on the Language of God podcast in April of 2025.To learn more about the Language of God podcast, visit their website here. Language of God is produced by Biologos, an organization that promotes greater understanding and appreciation of science for people of faith.In this episode, we visit First Presbyterian Church of Honolulu, the Hoʻokuaʻāina kalo farm, and the Waikalua Loco fish pond. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit refugianewsletter.substack.com

Honolulu police have identified a body found in Waipio late Friday night as that of a former government witness to a deadly gang shooting more than 20 years ago. Meanwhile, officers arrested a man after police say he allegedly threatened two joggers with a machete in Kailua.See omnystudio.com/listener for privacy information.

Flight reductions at Honolulu International are expected through next week as the ongoing government shutdown hits air travel. State transportation leaders keep a close eye on cancellations. A government witness to a deadly gang shooting more than 20 years ago has gone missing. And a first alert heads up, we're tracking a weak front the next several days, bringing rain to the island chain. See omnystudio.com/listener for privacy information.

This week on the Team Lally Real Estate Radio Show, we interview Augie T and his daughter Mahealani Sims-Tulba, founder of B.R.A.V.E. Hawai‘i. Augie and Mahealani share details about their upcoming BRAVE Hawai‘i event on November 29, an inspiring initiative dedicated to promoting respect, kindness, and service while addressing the growing challenges of bullying and cyberbullying among Hawaii's youth. Together with Adrienne and Attilio, they explore how families can foster open communication, awareness, and positive behavior in today's digital age.We also have our Experts We Trust. Amphay Champathong of Estate Planning Group discusses how proper estate planning can protect your assets and loved ones from probate challenges and financial stress, while Danny Langerman of DHA Financial shares why current VA mortgage rates in the 4s make now an ideal time for veterans to refinance and maximize savings.Who is Augie T and Mahealani-Sims Tulba?Augie T is a respected public servant and beloved Hawaiʻi entertainer, known for decades of work in comedy, radio, television, and film. Today, he continues to serve our community as a Honolulu City Council member, bringing the same heart, humor, and local pride that shaped his career. A devoted husband and father, Augie remains committed to uplifting Hawaiʻi families and strengthening our communities with compassion, leadership, and aloha.Mahealani Sims-Tulba is the founder and CEO of B.R.A.V.E. Hawaiʻi and a passionate advocate for youth empowerment. Inspired by her own experiences, she has dedicated her work to helping young people build confidence, resilience, and empathy. Through school programs and community outreach, she empowers students to stand tall, speak up, and support one another, creating kinder and more connected spaces across the islands.B.R.A.V.E. Hawaiʻi — Be Respectful and Value Everyone — is a nonprofit focused on bullying prevention and positive character development. Through educational workshops, events, and youth-led initiatives, the organization encourages kindness, courage, and respect in schools and communities statewide. With a mission rooted in aloha and empowerment, B.R.A.V.E. Hawaiʻi continues to inspire Hawaiʻi's youth to lead with strength, compassion, and unity.To reach B.R.A.V.E Hawaii, you may contact them in the following ways:Phone: (808) 371-1928Email: info@bravehawaii.orgWebsite: https://www.bravehawaii.org/

This week on the Team Lally Real Estate Radio Show, we interview Augie T and his daughter Mahealani Sims-Tulba, founder of B.R.A.V.E. Hawai‘i. Augie and Mahealani share details about their upcoming BRAVE Hawai‘i event on November 29, an inspiring initiative dedicated to promoting respect, kindness, and service while addressing the growing challenges of bullying and cyberbullying among Hawaii's youth. Together with Adrienne and Attilio, they explore how families can foster open communication, awareness, and positive behavior in today's digital age.We also have our Experts We Trust. Amphay Champathong of Estate Planning Group discusses how proper estate planning can protect your assets and loved ones from probate challenges and financial stress, while Danny Langerman of DHA Financial shares why current VA mortgage rates in the 4s make now an ideal time for veterans to refinance and maximize savings.Who is Augie T and Mahealani-Sims Tulba?Augie T is a respected public servant and beloved Hawaiʻi entertainer, known for decades of work in comedy, radio, television, and film. Today, he continues to serve our community as a Honolulu City Council member, bringing the same heart, humor, and local pride that shaped his career. A devoted husband and father, Augie remains committed to uplifting Hawaiʻi families and strengthening our communities with compassion, leadership, and aloha.Mahealani Sims-Tulba is the founder and CEO of B.R.A.V.E. Hawaiʻi and a passionate advocate for youth empowerment. Inspired by her own experiences, she has dedicated her work to helping young people build confidence, resilience, and empathy. Through school programs and community outreach, she empowers students to stand tall, speak up, and support one another, creating kinder and more connected spaces across the islands.B.R.A.V.E. Hawaiʻi — Be Respectful and Value Everyone — is a nonprofit focused on bullying prevention and positive character development. Through educational workshops, events, and youth-led initiatives, the organization encourages kindness, courage, and respect in schools and communities statewide. With a mission rooted in aloha and empowerment, B.R.A.V.E. Hawaiʻi continues to inspire Hawaiʻi's youth to lead with strength, compassion, and unity.To reach B.R.A.V.E Hawaii, you may contact them in the following ways:Phone: (808) 371-1928Email: info@bravehawaii.orgWebsite: https://www.bravehawaii.org/

Are you flying to Hawaii in the next few months and worried the FAA's flight cuts could derail your trip?With the government shutdown entering day 36 and 10% of flights being eliminated at 40 major airports starting today, Hawaii travelers face a uniquely tough situation because every West Coast hub feeding the islands is being cut.

It'll be hard for anyone in Louisville to forget last Tuesday, Nov. 4, and the crash of UPS Flight 2976.Around 5:15 p.m. that day, on what was shaping up to be a beautiful autumn evening, a McDonnell Douglas MD-11 bound for Honolulu crashed during takeoff from Louisville, igniting a massive fire and creating an enormous smoke plume visible across the city.It's been hard to talk about anything else since then. So on this week's Access Louisville podcast we discuss how we reported the story, including its impact on business. On the show, LBF Senior Reporter Joel Stinnett is on the show to recount his conversation with Sean Garber, CEO of Grade A Auto Parts & Recycling, which was hit by the aircraft and debris during the crash. Hearing what happened at the business was one of the toughest interviews he'd ever done, Stinnett said on the show. We also discuss how important Worldport is to UPS' business and the company's response so far, including a statement from its CEO Carol Tome in Atlanta. More coverage from the Business First team this week: UPS identifies crew killed in jet crash as death toll risesPower outages, road closures persist near airport Bar spared in UPS crashFeds begin probe after deadly UPS jet crashAt about 6 p.m. Thursday, airport officials announced that runway 17R/35L (the runway used by UPS Flight 2976), or West Runway, was back open, meaning the airport (SDF) was again fully operational. For those seeking assistance, the city has set up a Family Assistance Center that can be reached at 1-800-631-0604.Access Louisville is a weekly podcast from Louisville Business First. You can follow it on popular podcast services including Apple Podcasts and Spotify,

The government shutdown hits the skies with hundreds of flights cancelled nationwide and here at home. The Hawaii Foodbank holds a massive relief distribution drive at Aloha Stadium to answer an enormous spike in demand from local families. And an elderly woman was hospitalized after a fire broke out at a residential building in Makaha.See omnystudio.com/listener for privacy information.

A reduction in flights across the country. It's an FAA effort to reduce strain on unpaid air traffic controllers during the government shutdown. HNN Investigates the main business targeted during immigration raids this week on Kauai. Veterans Day will look different this year due to the government shutdown. What changes will be made as Hawaii still plans to honor those who served. See omnystudio.com/listener for privacy information.

As the federal government shutdown drags into day 38, airlines have been canceling flights at 40 of the busiest U.S. airports, including Honolulu, in response to a shortage of air traffic controllers. Additional relief funds will be available for SNAP recipients to use starting this Monday. And the crews of the Hokulea and Hikianalia have New Zealand in their view. See omnystudio.com/listener for privacy information.

New rules for electric two-wheelers at Hawaii's public schools. We'll tell you the changes that are now in place. OHA's CEO is suing the agency, claiming she was unjustly put on leave. We'll learn more today on the FAA's plans to cut future flights due to the government shutdown. What can you do if your trip is impacted. See omnystudio.com/listener for privacy information.

The death toll in Louisville, Kentucky, rises after a UPS cargo jet headed for Honolulu crashes shortly after takeoff. Dozens were arrested in a pre-dawn ICE raid across Kauai where detainees were quickly flown to Oahu. And with a rise in e-bike crashes, the education department has new rules for public schools statewide. See omnystudio.com/listener for privacy information.

We're live at the Aloha Stadium as the Hawaii Foodbank hosts its largest distribution event to help those impacted by the federal government shutdown. An apartment fire in Makaha sends a 69-year-old woman to the hospital.See omnystudio.com/listener for privacy information.

A cargo jet operated by UPS Airlines crashed shortly after takeoff from Louisville Muhammad Ali International Airport (SDF) in Kentucky on November 4, 2025, en route to Honolulu, with at least 4 dead, 11 injured. The aircraft—a 34-year-old McDonnell Douglas MD‑11F loaded with fuel for the long flight—went down around 5:15 p.m. local time, burst into flames in a massive fireball, and sent thick plumes of smoke into the air. #UPS2976 #5X2976 Independent media has never been more important. Please support this channel by subscribing here: https://www.youtube.com/channel/UCkbwLFZhawBqK2b9gW08z3g?sub_confirmation=1 Join this channel with a membership for exclusive early access and bonus content: https://www.youtube.com/channel/UCkbwLFZhawBqK2b9gW08z3g/join Five Minute News is an Evergreen Podcast, covering politics, inequality, health and climate - delivering independent, unbiased and essential news for the US and across the world. Visit us online at http://www.fiveminute.news Follow us on Bluesky https://bsky.app/profile/fiveminutenews.bsky.social Follow us on Instagram http://instagram.com/fiveminnews Support us on Patreon http://www.patreon.com/fiveminutenews You can subscribe to Five Minute News with your preferred podcast app, ask your smart speaker, or enable Five Minute News as your Amazon Alexa Flash Briefing skill. CONTENT DISCLAIMER The views and opinions expressed on this channel are those of the guests and authors and do not necessarily reflect the official policy or position of Anthony Davis or Five Minute News LLC. Any content provided by our hosts, guests or authors are of their opinion and are not intended to malign any religion, ethnic group, club, organization, company, individual or anyone or anything, in line with the First Amendment right to free and protected speech. Learn more about your ad choices. Visit megaphone.fm/adchoices

Free Guide: 5 Can't Miss Things to Do on OahuAre you about to waste money on overcrowded Oahu attractions that even locals skip?Most families overspend on 'tourist traps' while missing the authentic experiences that create lasting memories, whether you're on a budget or ready to splurge.

Details emerge on the devastating UPS MD-11 freighter crash that occurred during takeoff from Louisville, Kentucky, while the widebody cargo jet was bound for Honolulu. The death toll has tragically risen to seven individuals, with 11 injuries reported, leading to the indefinite closure of the Louisville Muhammad Ali International Airport and the halt of package sorting operations at Worldport. The Panama Canal Authority is moving full steam ahead with an $8.5 billion, 10-year modernization plan designed to maintain the canal's competitiveness as climate pressures and global trade patterns evolve. This strategy includes constructing two new container terminals, implementing a liquefied petroleum gas pipeline, and initiating the Río Indio reservoir project, all aimed at expanding capacity and reducing dependence on water-intensive operations. Finally, we discuss the ongoing labor tensions between UPS and the Teamsters union regarding alleged contract violations, which is explored in Teamsters union to press UPS over Roadie use of gig drivers. Teamsters Local 804 claims that UPS is improperly diverting partial delivery work to its subsidiary, Roadie, which uses a technology platform to match freelance drivers to packages, thereby violating their 2023 collective bargaining agreement to avoid safety laws and overtime payments. UPS denies the accusation, maintaining that Roadie and Happy Returns operate distinct business models for specialized deliveries that do not mix with the main UPS parcel sortation network, though the Teamsters' national office is consolidating grievances for arbitration. Learn more about your ad choices. Visit megaphone.fm/adchoices

Follow Amy Tango Charlie on X/Twitter: https://twitter.com/atoocpodcast  In this episode, MD-11 performing a flight from Louisville to Honolulu crashes at the departure end of runway 17R after the left engine was separated from the airframe, a big fire was visible from bystanders. Let's listen in.

Breaking news this morning from Kentucky, as more deaths are confirmed from that tragic crash of a UPS plane heading to Hawaii. Casey Lund will be live with more on this in just a few moments. The governor is asking for billions in federal spending in return for military leases. We are continuing to monitor Kilauea this morning, as frequent lava overflows have occurred in the last 24 hours. See omnystudio.com/listener for privacy information.

Breaking news out of Kauai -- dozens of people have been detained in an immigration raid on the island. At least 9 people are dead after a UPS plane headed for Honolulu crashed during takeoff in Kentucky. And the federal government shutdown is now in its 36th day, making it the longest in U.S. history, followed by one during President Trump's first term.See omnystudio.com/listener for privacy information.

A UPS flight bound for Honolulu crashes in a fiery explosion in Kentucky. As another vote to end the government shutdown falls short, a Hawaii nonprofit continues to see a rising demand for assistance. And an arrest was made in connection with a fire at a Hawaii Island apartment complex.See omnystudio.com/listener for privacy information.

Die dodetal na die UPS-vliegongeluk naby die Louisville Muhammad Ali Internasionale Lughawe in Kentucky, Amerika, het tot sewe gestyg. Elf mense is ernstig beseer. Die vragvliegtuig was op pad na Honolulu in Hawaii toe dit gisteraand kort na opstyging neergestort het. Kentucky se goewerneur, Andy Beshear, sê drie bemanningslede is vermoedelik dood terwyl vier slagoffers nie op die vliegtuig was nie. Hy sê twee groot sakeondernemings is getref:

Details emerge on the devastating UPS MD-11 freighter crash that occurred during takeoff from Louisville, Kentucky, while the widebody cargo jet was bound for Honolulu. The death toll has tragically risen to seven individuals, with 11 injuries reported, leading to the indefinite closure of the Louisville Muhammad Ali International Airport and the halt of package sorting operations at Worldport. The Panama Canal Authority is moving full steam ahead with an $8.5 billion, 10-year modernization plan designed to maintain the canal's competitiveness as climate pressures and global trade patterns evolve. This strategy includes constructing two new container terminals, implementing a liquefied petroleum gas pipeline, and initiating the Río Indio reservoir project, all aimed at expanding capacity and reducing dependence on water-intensive operations. Finally, we discuss the ongoing labor tensions between UPS and the Teamsters union regarding alleged contract violations, which is explored in Teamsters union to press UPS over Roadie use of gig drivers. Teamsters Local 804 claims that UPS is improperly diverting partial delivery work to its subsidiary, Roadie, which uses a technology platform to match freelance drivers to packages, thereby violating their 2023 collective bargaining agreement to avoid safety laws and overtime payments. UPS denies the accusation, maintaining that Roadie and Happy Returns operate distinct business models for specialized deliveries that do not mix with the main UPS parcel sortation network, though the Teamsters' national office is consolidating grievances for arbitration. Learn more about your ad choices. Visit megaphone.fm/adchoices

In this special live episode of Flavors Unknown, host Emmanuel Laroche heads to Honolulu, Hawai‘i to celebrate the 10th anniversary of the StarChefs and Symrise partnership, with Hawaii's Top Chefs. Gathered at the Culinary Institute of the Pacific, five of the island's most innovative culinary voices — Roy Yamaguchi (Roy's Restaurants, Eating House 1849), Chris Kajioka (Miro Kaimuki), Keaka Lee (Kapa Hale), Robynne Maii (Fête), and Harry Chin (Pigeonhole) . Sit down for an open conversation about the soul of Hawai‘i's food and drink culture. They explore how Hawaiian cuisine has evolved beyond stereotypes of luaus and tiki drinks into a rich expression of multicultural heritage, sustainability, and joyful eating. From fusion vs. authenticity to farm-driven creativity and cocktails inspired by place, this episode captures the unique voice of Hawai‘i's culinary community. One built on collaboration, respect, and flavor. What you'll learn from this Panel Discussion How Hawai‘i's close-knit culinary community thrives on collaboration (9:03) Roy Yamaguchi's journey from Japan to becoming a pioneer of Hawaiian Regional Cuisine (13:01) Chris Kajioka on learning resilience from Per Se to Honolulu's kitchens (9:38) Keaka Lee's lessons from Eleven Madison Park and their impact on Kapa Hale (4:04) Robynne Maii's winding path from English major to James Beard Award–winning chef (7:03) Harry Chin's transformation from middle school teacher to mixologist (3:03) The clichés and misconceptions about Hawaiian cuisine — and why they miss the point (17:59) The truth about tiki culture and how it diverged from island reality (18:49) How chefs are elevating local cuisine beyond beachside stereotypes (19:48) Why food security and supporting local producers define modern Hawaiian cuisine (21:50) The role of deliciousness over perfection — Chris Kajioka's creative philosophy (23:00) Roy Yamaguchi on the evolution of fusion: from early experiments to a new definition of authenticity (26:01) How immigrant cuisines shaped distinct Hawaiian flavors (32:59) The rise of poke — and why it's never the same off the islands (38:05) Sustainability challenges: tuna consumption, local sourcing, and balance (41:20) The next generation's focus on flavor, sustainability, and joyful eating (46:58) Roy's mission to bring sustainable, flavorful meals to Hawai‘i's school lunches (51:29) Harry Chin's creative cocktail process — inspiration can come from anywhere (56:28) How cross-training and collaboration spark drink innovation (59:20) Lessons from Japan: how cultural precision influences Hawaiian creativity (1:02:18) Roy's perfume-making experience in Italy — and what scent teaches about taste (1:03:42) Creating food that connects millions without losing regional authenticity (1:09:48) The meaning of “joyful eating”: when food makes you want one more bite (1:14:08) Comfort food confessions: what each chef would eat for life (1:24:41) Beyond the Mic: My Stories in Print A Taste of Madagascar: Culinary Riches of the Red Island invites readers to join me on his unforgettable journey across the island of Madagascar, where a vibrant culture and stunning ecosystem intertwine to create an extraordinary culinary experience. Explore the unique ingredients and traditions that define Madagascar and discover their profound impact on the global culinary landscape. Alongside the captivating stories, the book presents a collection of exciting recipes that showcase the incredible flavors and ingredients of Madagascar. Publication date: Tuesday, January 27, 2026 Pre-order the book here! "Conversations Behind the Kitchen Door” is my debut book, published in Fall 2022. It features insights from chefs and culinary leaders interviewed on the Flavors Unknown podcast, offering a behind-the-scenes look at creativity, culture, and the future of the hospitality industry. Get the book here!

Breaking news from West Maui as crews battle a blaze just above the Kapalua Airport. As the number of families in need continues to climb, Hawaii's libraries team up to answer the call for help. And a grand jury on Hawaii Island indicted double manslaughter suspect Kimo Medeiros today. See omnystudio.com/listener for privacy information.

From rising insurance premiums to food assistance concerns, many in our community are facing uncertain times financially. The state is moving forward to replace a pair of tainted wells in an Oahu farming community. What's being done to protect from future contamination. Alaska and Hawaiian Airlines updates their surfboard policies for passengersSee omnystudio.com/listener for privacy information.

As the government shutdown drags on, more flights are being canceled or delayed due to airport staffing issues. Hawaii State Libraries are collecting non-perishable food for food banks. And reaction is pouring in after the death of former Vice President Dick Cheney, who passed away from complications of pneumonia and cardiac and vascular disease. See omnystudio.com/listener for privacy information.

"Reject the contract." That's the call from union leaders, as a "last, best, and final offer" is given to over a thousand local transit workers. The latest on the negotiations and what it could mean for your commute. New resistance against a proposed tourist attraction on Oahu's North Shore. Despite the federal shutdown, Pearl Harbor remains open with help from local businesses.See omnystudio.com/listener for privacy information.

A gunman suspected of shooting a 27-year-old man and a 13-year-old boy is on the run. HFD responded to a 2-alarm fire in Wahiawa at the Department of Education's Central District Office on California Avenue. And the state is issuing all SNAP recipients $250 in addition to the Hawaii Relief Program, which provides support for families in need. See omnystudio.com/listener for privacy information.

In a beautiful show of love and aloha, the Kauai community came together yesterday to say a hui hou to beloved Kumu Hula Leina'ala Pavao-Jardin. Meanwhile, Honolulu firefighters extinguished a fire in Salt Lake that left several residents displaced.See omnystudio.com/listener for privacy information.

Two separate federal judges have issued last minute rulings which could help tens of millions of Americans put food on the table next month. Hawaii residents who rely on food stamps will be getting $250 dollars each from the state, part of one of the programs announced by Governor Josh Green to help people impacted by the federal shutdown. And Casey Lund has a preview at some of the family friendly Halloween activities going on in Waikiki.See omnystudio.com/listener for privacy information.

A second person has died as a result of Wednesday's massive house fire in Ewa Beach. The man charged with manslaughter in a deadly Hawaii Island crash faces a judge and it's not his first time. Billions of dollars could be available to relieve hunger as SNAP benefits are expected to stop tomorrow.See omnystudio.com/listener for privacy information.

Governor Green announces another program to help put money in the pockets of families set to soon lose their federal food assistance benefits. This as legislators are trying to come up with solutions to support local nonprofits after massive federal cuts. And an elderly woman is dead and several others injured after a violent inferno at an Ewa Beach home. We hear from neighbors who tried to fight the blaze.See omnystudio.com/listener for privacy information.

Can November actually be a good time to visit Hawaii, or will you end up stuck in rain and crowds?If you're planning a Hawaii trip and wondering whether November is worth it, you need to know the truth about shoulder season timing, weather patterns, and how to avoid the Thanksgiving rush.

In this week's episode of Paranormal Activity with Yvette Fielding, we take flight into the eerie world of the most haunted airfields on Earth.Where runways echo with footsteps from another time and control towers whisper with voices long gone.From the bizarre legends surrounding Denver International Airport, to the restless spirits said to wander Bangkok's Suvarnabhumi Airport, we'll explore the skies' darkest secrets.We uncover the wartime hauntings of Savannah and Honolulu, delve into the spectral mysteries of Bangalore International, and land at Stow Maries Aerodrome, one of Britain's most active haunted airfields.Join Yvette as she unpacks the history, hauntings, and paranormal theories behind these aviation hotspots.What tragic pasts could be tethering souls to these modern cathedrals of flight?Why do airfields, places of both departure and disaster, seem to attract so much supernatural activity?Strap in, because tonight we're going wheels up into a world where the spirits never truly touch down. Hosted on Acast. See acast.com/privacy for more information.

The state announces a new program to provide financial help to families affected by the ongoing government shutdown. The Hawaii Island community steps up its calls for safe driving after a woman and her infant granddaughter were killed in a tragic accident. And with the rise in traumatic traffic crashes, the Hawaii Blood Bank needs more donors. See omnystudio.com/listener for privacy information.

We're tracking breaking news this morning, as a fire destroys an Ewa Beach home. Sources tell us one person has died and multiple others needed medical care. Helping local residents get by. It's the aim of a new state program that looks to provide aid to those impacted by the government shutdown. If you've ever dreamed of becoming a police officer, opportunity knocks this weekend.See omnystudio.com/listener for privacy information.

First Officer Ryan Argenta welcomes back Hotel Committee Chair First Officer Steve Koffler for a fast, funny, and genuinely useful tour of the layover landscape. From a brand-new Park Hyatt in Marrakech to upcoming hotel previews in Hong Kong, Melbourne, Grenada, and St. Vincent, Steve shares what's new, what's next, and what pilots should know.   We cover Honolulu's temporary shift to Hilton Hawaiian Village, Tokyo's potential hotel shuffle, LA's beach-city ambitions, San Diego's pending refresh, and the big headline: Amsterdam's full exit from “you-know-where” and into a far stronger lineup. Practical intel included: why FCRs beat DARTs for hotel feedback, the curbside 20-minute rule (self-help and expense it), when combined crew shuttles are legit, and how to spy your hotel in bid packages. Plus, a cameo of Steve's PG-13 rap origin story. This episode is rare: equal parts updates, tips, and laughs - no lobby naps required. 

Keith discusses strategies for amplifying investing returns and reducing lifetime tax burdens through real estate, geography, and industry.  He compares tax burdens by state and explains how investors can leverage low-income tax states and low-property tax states.  Podcast host, investor and developer, Victor Menasce, joins the conversation to highlight the industrial real estate market, emphasizing the demand for warehousing and logistics.They touch on the potential in industrial outdoor storage and the complexities of data center investments. Reach out to Y Street Capital to learn more about their projects and the real estate espresso podcast. Resources: Switch to listening to the podcast on the Apple Podcasts or Spotify app, as the dedicated GRE mobile app will be discontinued at the end of the month. Show Notes: GetRichEducation.com/577 For access to properties or free help with a GRE Investment Coach, start here: GREmarketplace.com GRE Free Investment Coaching: GREinvestmentcoach.com Get mortgage loans for investment property: RidgeLendingGroup.com or call 855-74-RIDGE  or e-mail: info@RidgeLendingGroup.com Invest with Freedom Family Investments.  For predictable 10-12% quarterly returns, visit FreedomFamilyInvestments.com/GRE or text  1-937-795-8989 to speak with a freedom coach Will you please leave a review for the show? I'd be grateful. Search “how to leave an Apple Podcasts review”  For advertising inquiries, visit: GetRichEducation.com/ad Best Financial Education: GetRichEducation.com Get our wealth-building newsletter free— text ‘GRE' to 66866 Our YouTube Channel: www.youtube.com/c/GetRichEducation Follow us on Instagram: @getricheducation Complete episode transcript: Keith Weinhold  0:00   Welcome to GRE. I'm your host. Keith Weinhold, we're talking about how you can use real estate, geography and industry to amplify your investing returns over the course of your life and permanently reduce your lifetime tax burden today on Get Rich Education.   Keith Weinhold  0:21   You know, most people think they're playing it safe with their liquid money, but they're actually losing savings accounts and bonds don't keep up when true inflation eats six or 7% of your wealth. Every single year, I invest my liquidity with FFI freedom family investments in their flagship program. Why fixed 10 to 12% returns have been predictable and paid quarterly. There's real world security backed by needs based real estate like affordable housing, Senior Living and health care. Ask about the freedom flagship program when you speak to a freedom coach there, and that's just one part of their family of products. They've got workshops, webinars and seminars designed to educate you before you invest, start with as little as 25k and finally, get your money working as hard as you do. Get started at Freedom, family investments.com/gre, or send a text. Now it's 1-937-795-8989 77958989, yep, text their freedom coach directly. Again, 1-937-795-8989,   Corey Coates  1:34   you're listening to the show that has created more financial freedom than nearly any show in the world. This is get rich education.   Keith Weinhold  1:49   Welcome to GRE from Milford, Delaware to Milford, Utah and across 188 nations worldwide. I'm Keith Weinhold, and this is get rich education, the voice of real estate investing since 2014 now, what do you think about a multi week government shutdown? That means there's a cut in your service level, but of course, oh geez, there's no commensurate cut in the amount of taxes that you pay. This is the government's version of charging rent on a vacant unit. That's what's happening. That's what we've been looking at in the biggest expense you'll ever pay in your life. It isn't housing, it's taxes. Before I get to how you can reduce the amount of taxes that you'll pay throughout the course of your life, which is huge. Let's pull back, and I guess it's a bit of a real estate geography riddle for you, imagine if there were a place that existed, and this place is within a 15 minute drive of a seacoast, 15 minutes of mountains, within 15 minutes of an urban core of about 300,000 people, and within 15 minutes of an international airport and a decent airport that has direct, non stop flights to Europe. Even, could that place exist all of that? I mean, it almost sounds too good to be true when I put it like that, yes, it does, and it's in the United States. On top of that, this same place with proximity, within 15 minutes of all four of those things, has zero state income tax and zero sales tax. Yes, all this is in the same place, and that's where I am coming to you from today, Anchorage, Alaska. I traveled a good bit, and I can't think of another place in the US quite like it. A quick check of Chad GPT corroborates this, saying that the US places that come closest are Honolulu, Juneau and Bellingham, Washington. They come the closest to that. Now, the biggest downside, in my opinion, is a long, dark, cold winter. Well, that's when I do more traveling, but I spend many months of the year right here in Anchorage. And my guest today, who you'll hear from later, I haven't had him on the show in years, where recently he I and his wife, Natasha, toured Anchorage. I drove them around.   Keith Weinhold  4:29   first, let me tell you about a creative way to pay both a low property tax and a low income tax, and that is no matter what state or province that you live in now, the big three taxes that people pay throughout their lives are income tax, sales tax and a property tax. Those are the big three, and when you combine those to come up with the highest and lowest tax burdens by state, you'll notice that coastal states often pay the most. They generally have the biggest burden, because coasts attract people, and therefore those highly populated areas, they need infrastructure, say, for example, more bridges, and they often have more social services for people, and it costs tax money to maintain all of that. Now, look, will people move to an area specifically because they can get low taxes there? Like is that amenity in itself an attractant? Actually, not so much. No, you do get some people to move to Puerto Rico, predominantly for that reason. But interestingly, the two states with the lowest overall tax burden, that is, when you combine income, sales and property tax, the lowest are Alaska and Wyoming, and yet they have the fewest people living there, under 1 million people each. So the two states with the lowest tax burdens are also the two least populous states. So it is not making people flock there. So where you choose to live? Oh, that has more to do with your overall quality of life. And you know that's probably as it should be. Well, whether you own your home or you rent your home, you effectively do pay property tax, because tenants end up subsidizing the landlord's expenses. Most property tax maps that you see out there, those national property tax maps, they show the average tax bill that a household pays by state, regardless of real estate values. Well, that's not so useful. You might remember that a few weeks ago in our newsletter, I sent you the best and the smartest property tax map that I have by county. You'll remember that it showed the property tax paid as a percentage of the home value, so that relative basis is what matters more. When we look at property tax paid that way, we can more transparently see that the highest property taxes are generally paid in three US regions. Those three regions with the highest property taxes are the northeast, much of the Great Plains and Texas now a 1% property tax rate is, for example, when you have to pay 4000 bucks a year on a property value of 400k That's that 1% and the lowest are in the Western US and the nation's southeast quadrant, often under 1% we're just talking about the property taxes only here. Now out west, lower property taxes, they still rarely create investor cash flow, and that's because purchase prices are too high out west, and rents don't keep up with them proportionally. But low taxes, they do adequately sweeten the most investor advantaged areas, that is in the southeast Indiana, Missouri, Oklahoma, Hawaii, and a bunch of the Mid Atlantic states. All right, so they are the investor advantaged areas that also have low property tax. The nation's lowest property tax rate is in Alabama. Roll tide, I think I've mentioned that on the show before. All right, so that's property tax, but states have to get their revenue somewhere, so oftentimes, if their property tax is low, well then they have to make up for that. So therefore their income or sales tax can be high. Now as far as income tax, each state has their own of course, the high ones are New York, New Jersey, California and Hawaii. Those are many of the high ones. But there are nine states with zero, absolutely zero, state income tax, and those nine states that are free of income tax are the aforementioned, Alaska, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming and Washington gets somewhat of an asterisk that has a little wrinkle in it. That's one of the nine with the wrinkle, you'll pay zero income tax on your wages in Washington. It only applies to high earners, capital gains tax income there, all right. Well, all of that is true for everybody there, every US citizen. But here's the arbitrage that a real estate investor can create. If you live in one state and you own property in another state, you always pay property tax where the property is physically located, not where you live. I mean, any longtime out of state real estate investor knows that. So you can therefore live in a state with little or no income tax, for example, Texas, and then a Texas resident can skirt Texas's higher property tax by investing in a different state that has low property tax, like, say, Alabama or Tennessee. Oh, well, now both your property tax and your income tax are low this way. And congratulations, you have just legally exploited the tax system. Some examples of a low income tax home state where you live and a low property tax investor state where your investment property is, so that you get the best of both worlds. They are, Texas is your home state, and Alabama is your investment property state, like I just described, and then a few other scenarios, so that you can legally use the system to pay both a low income tax and low property tax. Are having Pennsylvania as your home state and Missouri as your investor property state, having New Hampshire as your home state and Tennessee is your investor property state. And then another example, having Washington as your home state and Arkansas as your investor state. Those are just some examples of combinations there about how you can live in a low income tax state and then also enjoy having your investment property in a low property tax state and see perhaps now you're doing this without having to move. Yes, investing in low property tax states. Now, of course, property taxes are set at the county or city level. They're not set federally, but just within one state. Sometimes property tax can vary dramatically, which you probably know, but two of the biggest examples of this are in Illinois, Cook County, which is Chicago, and also Miami, Dade County, Florida. I mean those jurisdictions, they have tax rates that can make wallets cry more than their surrounding counties do, and some states have maximums, legal limits ceilings on property taxes. California proposition 13 famously limits property tax to 1% of assessed value, and then the increases are capped as well. I mean this means the two California neighbors with identical homes can pay wildly different taxes, and Florida is still looking to completely eliminate the property tax. Can you imagine that? I mean, it seems doubtful that that will happen, but you can conceive of how much more desirable that would make Florida properties, and that would probably make all Florida housing values skyrocket now, just because a property has a high property tax rate that doesn't disqualify it as an investment property alone, it's just one consideration that'll show up in your proforma, your cash flow. So the bottom line is that as an income property owner, property tax is mostly passed on to your tenant, but paying a low rate still keeps you more flexible and profitable. So think of a map of states with low property taxes, sort of like a treasure map, but instead of x marking the spot, it marks where your money will go the furthest.    Keith Weinhold  13:36   And if you want real estate maps like I'm talking about here, and stories and great charts and investment opportunities that I cannot fit onto the channel. Here, you can grab them in my free weekly newsletter at gre letter.com and part of this is because I just cannot adequately describe a map or a chart to you here in an audio format. You get more in the letter free wealth, building insight every week. And it comes straight from me. 1000s of investors read it every week. Don't live below your means. Grow your means. Get It At gre letter.com Again, that's gre letter.com   Keith Weinhold  14:20   something interesting just happened when Wells Fargo released their housing forecast for the next two years. Let's discuss that between today and 2027 they expect the federal funds rate to drop by a full 1% but they don't expect mortgage rates to drop as much only about a quarter point drop over the next two years in the 30 year fixed rate. For next year, they expect home prices to rise three and a half percent, and then the year after 3.7%. looking down the road a couple years here, and this is sorced by Wells Fargo economics and the US Department of Labor and the FHFA and more. All right, so only a small reduction in mortgage rates and a pickup in home price appreciation, although still pretty moderate. Now you gotta take any interest rate prediction with a grain of salt, like I've told you here before. I personally, I do not forecast interest rates, and when you're looking at interest rate predictions, you are squarely looking at a waste of your time.   Keith Weinhold  15:34   Now, a recent Gallup poll wanted to find out what Americans consider to be the best long term investment. That's the question that the pollsters asked, what is the best long term investment? And the findings were that 16% said stocks. I mean, despite the fact that stocks only seem to make insiders wealthy, still somehow 16% of Americans consider stocks to be the best long term investments, a higher share of Americans, 23% said gold. That actually surprises me, that nearly one quarter of Americans say that gold is the best long term investment, when only about 10% of Americans own gold in the physical form, like bars or coins. And part of this could be driven by the recent hype, where the gold price has more than doubled just since last year, and it broke above $4,000 an ounce for the first time in history this month. All right, so 16% said stocks, 23% said gold. And what's number one in the Gallup poll for what Americans believe is the best long term investment? It's real estate. Ah, well, they got that right. That actually gives me a little more faith than Americans there. Now, when it comes to real estate investment, you know, there's this long running mantra or catchphrase out there that I really disagree with. I mean, you've certainly heard this before, but it just does not resonate with me. And that is, appreciation is just the icing on the cake. That's the catchphrase I am not feeling the vibe there. How in the heck is appreciation just the icing on the cake? The presumption, the inference here, is that cash flow is the main driver of an investment philosophy, and then if you just happen to get appreciation too, oh, well, that's a little sweetener. Like the mantra would say cash flow is the cake, the majority piece, and then appreciation since the icing, oh, that's only a little thing. No, that's misleading. You usually get more of a return from appreciation than you do cash flow.   Keith Weinhold  17:56   I mean, on, say, a 400k income property, what if you only get $200 of cash flow? That can happen? That's $2,400 a year. But instead, 5% appreciation on that property gives you $20,000 a year. That is almost 10x. I think what the icing on the cake, curious catchphrase means is that cash flow is important because it controls the mortgage. Well, then I think it's just better to say that appreciation is not an inconsequential thing. It's often the biggest thing. So is appreciation just the icing on the cake? No, it certainly is not. In fact, I'm going to talk more about that next week when I've got something special planned for you here on the show. What I'm going to do then is look at the ways real estate pays you five ways in a slow market, the real estate market is slow. If you look at it on a basis of transaction volume, say that you buy a property today and over the next year, you don't even get what Wells Fargo forecasts say you only get 2% appreciation and zero cash flow. Just break even on a monthly basis. I mean, there's surely some disappointing numbers, but just say that's what happens. Well, next week, I'm going to add up what your total rate of return would be even in this dour scenario, and I think that you are going to Marvel be flabbergasted at how profitable you are if you just got 2% appreciation and zero cash flow. That's next week.    Keith Weinhold  19:36   As far as today, I'm about to bring in a super smart guest that hasn't been on the show here in a few years. He's usually a fellow faculty member on the real estate guys invest or summit at sea. But he wasn't there with me this year, so we met up in Anchorage. Instead, we're talking about changes to commercial real estate that market, and the opportunities that you might be able to find there from Industrial land, an activity that well generates noise, like Bitcoin mining operations and growing data centers with the increased use of AI. And as you listen, see if you know what I mean about how he feels professorial in his approach, and I mean that in the best possible way you can learn from him. He's from Ottawa, Canada, an international conversation coming up next. I'm Keith Weinhold. You're listening to Episode 577, of get rich education.   Keith Weinhold  20:34   If you're scrolling for quality real estate and finance info today, yeah, it can be a mess. You hit paywalls, pop ups, push alerts, Cookie banners. It's like the internet is playing defense against you. Not so fun. That's why it matters to get clean, free content that actually adds no hype value to your life. This is the golden age of quality email newsletters, and I write every word of ours myself. It's got a dash of humor. It's direct, and it gets to the point, because even the word abbreviation is too long, my letter takes less than three minutes to read, and it leaves you feeling sharp and in the know about real estate investing, this is paradigm shifting material, and when you start the letter, you'll also get my one hour fast real estate video, course, completely free as well. It's called the Don't quit your Daydream letter. It wires your mind for wealth, and it couldn't be simpler to get visit gre letter.com while it's fresh in your head, take a moment to do it now at gre letter.com Visit gre letter.com   Keith Weinhold  21:46   the same place where I get my own mortgage loans is where you can get yours. Ridge lending group and MLS, 42056, they provided our listeners with more loans than anyone because they specialize in income properties. They help you build a long term plan for growing your real estate empire with leverage. Start your prequel and even chat with President chailey Ridge personally while it's on your mind, start at Ridge lending group.com, that's Ridge lending group.com,   Tarek El Moussa  22:19   what's up? Everyone. This is hgtvs Tariq al Musa. Listen to get rich education with Keith Weinhold, and don't quit your Daydream.   Keith Weinhold  22:27   Hey, it's great to welcome back a longtime industry friend. He's a senior partner at y street capital. He owns a development company that's active in nine US states and two Canadian provinces, and he's the host of the real estate espresso podcast. Hey, it's great to have back. It's been a few years. Victor Menasce, great to be here. Keith, well, you know what's different? I mean, we were together doing some sightseeing around Anchorage, Alaska. You I and your wife here just a few weeks ago. That was great to have you. And then you had a nice Alaskan cruise after that. It was lovely. It was great to spend time with you in person, where you and I have spent time together at conferences all around the nation. So thank you for that. Yeah, it was great to do some fun stuff and like, Oh, hey, this guy knows a world outside of just talking about cap rates all the time. So Victor, the commercial side is pretty dynamic, and it sure has been lately with all the changes that we've had in the world, really starting with the pandemic almost six years ago, now, that includes the industrial space and how the need for warehousing and storage has changed. So from a real estate perspective, tell us about what you're seeing there.    Victor Menasce  23:41   We're seeing a lot of changes. Of course, there's a lot of uncertainty that's been injected by the current administration in Washington in terms of international trade. But even if you put that aside the flow of goods from wherever they're manufactured to the end customer, that flow is still there. It's one of these things that often creates inefficiencies, especially as you start to think about really optimizing the overall cost. You know, if you think about what inventory costs you to have on a retail floor where you might be renting that retail space at, I don't know, 55 $60 a square foot, and it's occupying very, very expensive real estate, if you can instead put that in a warehouse that's maybe at 10 to $15 a square foot. Oh, but wait a minute, you've got a 27 or a 35 or a 40 foot ceiling height, and you're stacking it seven to nine levels high. Really, the cost of that inventory has gone way, way down because you're putting it much less expensive real estate, right? Okay, so here is one of the efficiencies of a retailer doing e tail instead of brick and mortar retail, absolutely. And you know, we often see situations where the last mile, you know, we want to get that instant gratification as a consumer, but we don't necessarily want to be having to drive to that retail space. And we don't that's. Supplier doesn't necessarily want to pay Amazon for warehousing that particular product. So often, the fulfillment is done locally, that last mile Logistics is extremely important. That's putting a lot of pressure on this category of product that has traditionally been called Flex industrial. These are those places in the industrial park that you might see an electrician or a landscaping company or a plumber or anyone like that that has an office at the front of 14 or 18 foot Bay at the back and a bit of inventory. A lot of that product right now is being pulled off the market for many different reasons. Some of that's just disappearing and that land is getting repurposed for residential. Some of it's disappearing because people are putting gyms and pickleball courts and things like that and those types of products. Some of it's disappearing because people with exotic car collections want to use that space for a man cave. There's many different things that are demanding that particular product, and there's very little of it getting built. So that's another area right now that is under a lot of pressure. On the demand side, not a lot of new supply and rents are going up much, much faster than they otherwise should be. Talk to us more about the industrial space from the supplydemand perspective, what do people want and what do people need? It varies widely. There are companies that are in manufacturing, they will often look to refresh their investment in equipment. They may not have the capital, so they will sometimes do a sale, lease back of their building, of their facilities, so that they can then repurpose some of that capital onto into the equipment side, so that they can maybe modernize their manufacturing. That's another area where we see significant shifts happening. In industrial we also see a lot in logistics, where the most efficient way to move goods is a 200 year old technology called rail, and it's still alive and well. I mean, if you think about the cost of shipping a container across the country, you're going to spend about two cents per ton mile to move that by rail, or about 10 cents per ton mile to do it by truck. So that's a five times difference in price. That means a container from Los Angeles to New York is going to cost you about $1,400 if you're moving it by rail, or about $7,500 if you're moving it by truck. But if you're now part of the rail system, there's now logistics that you have to worry about at either end. And so if you want to make all of that work, those transfer hubs become extremely important, and there's just not a lot of them,    Keith Weinhold  27:38   okay, so it might only cost 1/5 as much per ton mile to move a good over rail as it does road. But you're sort of talking about the logistical challenge of, oh, getting it that last mile from the rail Terminus to the end user.   Victor Menasce  27:53    absolutely. And there can be a lot of cost associated with that last mile. So if you can solve that problem for the logistics companies and lower their cost for that last mile. That's got significant value, and that's another demand for industrial land. And very few cities are adding industrial land to their master plan. You know, warehouses don't vote, so they don't tend to take other land and zone industrial In fact, if anything, it goes the other way. There's a lot of pressure to take land that was zoned industrial and rezone it for commercial or for residential. In fact, we see that in a lot of cities.    Keith Weinhold  28:30   Now, you the listener, if your entrepreneurial wheels are turning, you can see the opportunity for, Hey, can I get in and help solve the problem in that last mile demand creatively. How do I think I could get in? How do I think I could do that, as long as that demand is sustainable? Victor, when we talk about industrial real estate, like we are here as real estate investors, one of the things that we often think about is site selection. Tell us more about that through the industrial lens   Victor Menasce  28:58   I think there's a couple things that matter. Number one, you can't pay too much for it. It's got to be at the right price. So you've got to be thinking about, you know, we always do what's called residual land value analysis and and that happens in residential, commercial, every single asset class, everyone works backwards from the answer to the question. So the answer is, here's how much profit I need to generate. Here's my capital cost. Here's, you know, you keep backing up and you say, well, now what's left over? That's what I can afford to pay for the land. So you always gotta be working backwards from the answer to the question. And this is no different. We do this in industrial as well. So you gotta make sure that that situation where the numbers work. Number two, you've gotta make sure that there is the right supply, demand dynamics. Got to make sure that the property itself is not contaminated. That can be a liability. If that was once a heavy industry site, then there could be contamination. You want to make sure that that's somebody else's problem, not yours, or if it is your problem, that you can mitigate it where the cost is bounded. So you got to. You know, look at all of these things together. And then, of course, there has to be good connectivity, good access to freeways, to major arterial roads, good access to rail. If you can get a Rails per on the property, even better. But even if you can't, as long as you have good access to major roads. You know, I always look at this through the lens of product design, where you're designing a product for a very specific customer. And so it's really, it starts with the end customers need in mind. And it's not a speculative process. It's really understanding who that customer is designing a product for them and making sure that you're delivering it at the right price. So it's always, always working backwards from the answer   Keith Weinhold  29:43   nowwhen we think about site selection and geography of where we're putting this real estate cities are often located on a body of water, like a bay or a river, often runs through a city, but yet you think of industrial use. Land is not your priciest land, but yet you think of a city center as your priciest land. Oftentimes, where do you put the industrial real estate with regard to the city center? I usually think of it as far outside of that. But are there other trade offs or nuances there?   Victor Menasce  31:11   it can be. You know, it's a question of whether you're doing a greenfield project or an infill project. If the land was previously zoned industrial and you're now just redeveloping it, that can make a lot of sense. If it is a greenfield project where you're looking to build new then, yeah, it's probably going to be in the outskirts, because that's where you're going to get the best land cost. And then, of course, you got to be thinking about what the end product is, and it what's it going to cost you to get it where it needs to be. Most of these projects are built slab on grade, which means that the surface has to be suitable for that sort of building. The land might be cheap, but if you've got to bring in half a million yards of gravel to get the site where it needs to be, it might not look cheap anymore, because you could import so much material. So you have to think of the cost of the land in a shovel ready context, because you can spend an awful lot of money moving dirt, moving gravel, things like that that will be necessary for an industrial project. So when we look at land for that product, we're always looking at it through the lens of, is it in a floodplain? Is it high enough ground? Is it drain? Well, all of those things that come into the cost of preparing the site to accept that kind of a building.   Keith Weinhold  32:23    Now, when we think about what goes on in an industrial space in your mind's eye, you might think of an asphalt plant, or you might think of the noise in some rumbling concrete trucks. With regard to that, what are your thoughts about nimbyism? Do you see much, not in my backyardism among communities with industrial real estate.    Victor Menasce  32:44   Oh, absolutely, without a doubt. And oftentimes that's one of the reasons why industrial land often gets pushed out away from those residential zones. So once you're outside the radius of people who can object, then there's no objection. So that's one way to solve it, and often a good way to solve it, by the way, but you also have to be mindful the fact that if there is potential contaminants coming off of that site, you don't want to be near a body of water that can carry it down into an aquifer and so on. So you've got to be thinking through containment issues. You've got to be thinking through noise propagation issues. There's been, in fact, a lot of issues with data centers, where the air handling and the the air conditioning systems right generate a lot of noise, and that noise often carries over very large distances. And you know, we're talking noise levels that would be very offensive to most homeowners. Some people have had to move because the noise levels have just been so continuous.    Keith Weinhold  33:42   I like the way you put that Victor. It's sort of like, yes, industrial parks are built outside the radius of the loudest objectors. That's right where they're going to go. But that's really the way that it is sometimes when we think about more contemporary uses for how we use industrial real estate today. You touched on data centers, also Bitcoin miners, you know, these are some of the things that generate noise. So what are some of the considerations with those two?   Victor Menasce  34:06    If you're looking at a data center, they consume a lot of power and they generate a lot of heat. The most efficient way to get rid of heat is with water. And that sounds a little bit strange, but you think about it this way, if you heat a molecule of water by one degree. I'm going to actually give you the textbook definition of a calorie. You take that water and you heat it by one degree, that'll consume one calorie of water. That's the definition of a calorie. And if you take it from the liquid state to the vapor state, just that phase change at 212 degrees Fahrenheit, or 100 degrees centigrade, that phase change is going to consume 500 calories. So you're getting rid of tremendous amount of heat by evaporating water, and that's why data centers consume so much water, is because they evaporate the water. That's the way they get rid of the heat. They evaporate it into the atmosphere. And that's how they get rid of the heat. It's the most efficient way to do it, but it consumes a lot of water resources. And then, of course, you've got to have the power to get into the data center, and a lot of places don't have the electric infrastructure to provide what's needed on a sustained basis. So you need not just good power, you need good power redundancy. So if there's a power failure here, you've got maybe redundant paths. So if one transmission line goes down, you've got alternate paths to keep the data center running. And you need the same thing also with communication, so multiple redundant fiber pathways in and out of the data center. So all of these things come into site selection. And then if you got all of that right, you got to overcome the neighborhood objections.    Keith Weinhold  35:45   Yes, that's right. We're doing a little science here with Victor Menasce, experienced international developer, and Victor when we think about industrial real estate, and we're here on an investing show. You know, maybe an investor sees potential in data center real estate or something like that. So for the individual investor, what can they do? Can they do anything individually? Are there funds to invest in, to either avoid or be attracted, to tell us about how the investor can get in?    Victor Menasce  36:15   We're not active in data centers. We're active more on the industrial side. I know the existence of data center funds. I know, for example, Kevin O'Leary, very famous Shark Tank, is a major investor in data centers. If you look him up, there might be some potentials there. Many of the major players in artificial intelligence, Oracle right now is taking on a boatload of debt to build data centers for open AI, so they're going to both build and operate those data centers. And I don't know where they're getting their capital, but they're getting a lot of it, or at least that's what's been announced publicly. Data centers require a lot of at least at that scale, require tremendous amount of infrastructure. We're talking hundreds of acres. We're not talking a small warehouse here that might be a million square feet. We're talking big, big acreage for those scale projects and for more localized projects. Yeah, there are smaller data centers, but they're not that economical to run. So it's usually the large ones that are the most cost efficient.   Keith Weinhold  37:16   Well, two things Victor is there anything else about industrial real estate? Our listeners should know maybe something I did not think about asking you and then tell our audience how they can learn more about what you're doing.    Victor Menasce  37:27   We see opportunity in particular. We think of it almost like a covered land play. We're very active in the industrial outdoor storage space where there is need for things to be stored outdoors. It might be landscaping companies that want to buy materials by the truckload. It might be car dealerships that have an excess of inventory. It might be boat and RV storage. There's many different uses for secured outdoor storage, and these are products that are designed very specifically for customers that have those needs. And as a covered land play, frankly, some of the best returns that are available in the marketplace. We've looked at a number of different things, and this is where we're placing majority of our energy right now as a development company is in that space, because we see it as an underserved segment of the market where there is not a lot of institutional money that's come into the play yet, so we're very active in that space.    Keith Weinhold  38:22   And how can our audience learn more about what you're doing   Victor Menasce  38:25   best is to reach out to us at y Street, capital com. Be happy to have if folks want to learn more about our projects. There's a place where they can sign up on the website to get more information. And love to have you as guests or as listeners to the real estate espresso podcast, and that's a daily show, seven days a week, so love to have you as a listener for that show as well.    Keith Weinhold  38:46   And that's the letter Y, Y Street, capital.com,Victor Mesance, it's been enlightening as always. Thanks so much for coming back onto the show.    Victor Menasce  38:55   Thank you so much.   Keith Weinhold  39:02   Oh yeah, good stuff from Victor as always. Another thing that he, I and his wife did in Anchorage when he was here recently is visit, well, it was not an AI data center, but we went to a mint that sells gold bars, nuggets and bullion. I really just looked. It was fun to look with Victor and actually pick up and hold gold nuggets, something that you cannot do online. I didn't have any intent to buy anything with the run up in precious metals prices. I made my last purchase of those in the middle of last year. So a year and four months ago today, I hear about lots of people rushing to buy precious metals. Now, amidst this big price run up and the run up might still have a ways to go, but no, the time to buy was like a year and a half ago or more. It's not now getting caught up in the euphoria this sort of exhaltation where you're paying double the price.   Keith Weinhold  40:03   next week here on the show, I've got more that I want to share with you on today's opportunity in new build rental property. How real estate pays five ways in a slow market, which is just fascinating. And I've got a GRE live event to tell you about next week as well, and more, lots of intriguing wealth building material here in future weeks, and then sometime after that, my own right hand assistant here at GRE is going to come out of the show and ask me some of your listener questions. It's the first time you'll hear her voice on the show. But more importantly, get my answers to your investing questions. If you'd like your question answered on a listener questions episode down the road, as always, you can write into us at get rich education.com/contact, that's get rich education.com/contact, until next week, I'm your HOST. Keith Weinhold, don't quit your Daydream.   Unknown Speaker  41:02   Nothing on this show should be considered specific, personal or professional advice. Please consult an appropriate tax, legal, real estate, financial or business professional for individualized advice. Opinions of guests are their own. Information is not guaranteed. All investment strategies have the potential for profit or loss. The host is operating on behalf of get rich Education LLC, exclusively,   Keith Weinhold  41:30   The preceding program was brought to you by your home for wealth. Building, get richeducation.com  

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