Podcasts about rents

Jason is a guest on Adam Taggart's podcast and explores the current state of the American housing market, highlighting a unique period of low inventory and high interest rates. He argues that while affordability is at a forty-year low, the market remains resilient because existing homeowners are "locked in" by historically low mortgage rates. Unlike the 2008 financial crisis, there is a lack of distressed sellers and a significant surplus of home equity, which prevents a major price crash. The discussion also touches on the shift toward manufactured housing and the impact of a massive influx of multifamily rental units on the market. Ultimately, Hartman suggests that pent-up demand from millennials and Gen Z will likely drive prices higher once interest rates eventually decline. #RealEstate, #HousingMarket, #RealEstateInvesting, #PropertyMarket, #HousingAffordability, #MortgageRates, #HousingInventory, #RealEstateTrends, #JasonHartman, #WealthCreation, #HomePrices, #RealEstateInsights Key Takeaways: 0:00 The metrics you use 3:28 Upward pressure on rents 7:03 The need for more entry-level homes 9:02 Manufactured housing 11:23 Rents, Delistings and the housing shortage 20:12 Vacancies and the short term rentals 25:44 Inventory, mortgage and credit scores 31:07 The cost of ownership 35:33 The equity cushion & the LTV ratio 38:15 The source of Jason's optimism 41:13 Renter and Buyer demand boom phases   Websites: Join our FREE Masterclass EmpoweredInvestor.com/Wednesday Get your FREE Property Tracker account today PropertyTracker.com    _______________________________________________________________   Follow Jason on TWITTER, INSTAGRAM & LINKEDIN Twitter.com/JasonHartmanROI Instagram.com/jasonhartman1/ Linkedin.com/in/jasonhartmaninvestor/ Call our Investment Counselors at: 1-800-HARTMAN (US) or visit: https://www.jasonhartman.com/ Free Class:  Easily get up to $250,000 in funding for real estate, business or anything else: http://JasonHartman.com/Fund CYA Protect Your Assets, Save Taxes & Estate Planning: http://JasonHartman.com/Protect Get wholesale real estate deals for investment or build a great business – Free Course: https://www.jasonhartman.com/deals Special Offer from Ron LeGrand: https://JasonHartman.com/Ron Free Mini-Book on Pandemic Investing: https://www.PandemicInvesting.com

Avec : Emmanuelle Dancourt, journaliste indépendante. Benjamin Müller, journaliste. Et Jean-Philippe Doux, journaliste et libraire. - Toujours accompagnée de Charles Magnien et sa bande, Estelle Denis s'invite à la table des français pour traiter des sujets qui font leur quotidien. Société, conso, actualité, débats, coup de gueule, coups de cœurs… En simultané sur RMC Story.

George Roberts is an award-winning former data scientist and bioscientist who now focuses on commercial real estate. With nearly 800 citations across genomics, microbiology, and physiology, he brings his analytical expertise to housing economics and finance as "The Data Scientist of Real Estate." As founder of Roberts Capital Enterprises, George sponsors value-add multifamily investments, owns more than 550 units, and passively invests in multifamily, car washes, and triple-net real estate. He is also the author of Passionate Living Through Passive Investing and host of The Foundery – Where Leaders are Forged Daily!    Here's some of the topics we covered: George's journey from science to real estate Using data science in multifamily investing His first 14 unit Orlando deal Multifamily market trends and opportunities Diversifying across multiple investments Focus vs. diversification in investing Entrepreneurship, risk, and learning from setbacks   To find out more about partnering or investing in a multifamily deal: Text Partner to 72345 or email Partner@RodKhleif.com    For more about Rod and his real estate investing journey go to www.rodkhleif.com   Please Review and Subscribe  

How Are We Finding So Many Great Real Estate Deals? If great real estate deals really exist, why isn't everybody buying them? That was the question that came into the Canadian Real Estate Investing Morning Show today. A listener wanted to know how Wayne keeps finding strong deals, how REI Masters students keep buying cash-flowing properties, and why those opportunities seem almost invisible to everyone else. Wayne and Gabby's answer is simple: You don't know what you don't know. The properties are not hidden. The MLS is not secretly showing Wayne different listings. The opportunities are sitting in front of everybody. The difference is understanding what you are actually looking at. Today's episode also covers the growing infill controversy in Edmonton, a suspicious fire in Parkview following an anti-infill protest, the current Edmonton rental market, and several recent deals being completed by REI Masters students. "Something Seems Off" The listener's email asked: How can Wayne and his students keep finding all these great deals if everyone else can see the same properties? Wouldn't somebody else buy them first? Wayne's response is that most people are looking at real estate one-dimensionally. Experienced investors are looking at it from multiple angles. Two people can look at the exact same property. One sees: An old townhouse. A condo fee. A property that has been sitting on the market. Something that needs work. Another investor sees: Strong tenant demand. Cash flow. A below-market acquisition. A refinance opportunity. Long-term appreciation potential. A BRRRR. A wholesale assignment. Or simply a property that fits a very specific investment framework. The property did not change. The investor's knowledge changed. Buying the Property Is the Easy Part Wayne explains that even when he tells people exactly what type of property to buy, that does not guarantee success. He could say: Buy three-bedroom townhouses in Edmonton. He could narrow it down further. West end. South side. Certain neighbourhoods. Certain price ranges. But there are still plenty of ways to make a mistake. Which complex? What condo corporation? What reserve fund? What future repairs are coming? What tenant profile? What rent? What condition? What purchase price? What financing? What cash flow? What due diligence? And once you buy it, how will you manage it for the next 20 years? The purchase is only one piece of the puzzle. Why Education Changes What You See Wayne compares real estate knowledge to assembling a puzzle. The Morning Show gives investors pieces every weekday morning. Over time, listeners begin understanding how those pieces fit together. But somebody who hears only one episode may hear: "Buy an Edmonton townhouse." And think that is the entire strategy. It is not. The strategy is the complete framework surrounding the acquisition. Gabby summarizes the difference: Education. Someone who understands an industry will recognize opportunities that somebody without that education will completely miss. That principle applies far beyond real estate. The Deals Are Right in Front of You Wayne explains how his own acquisition process often works. Every month or two, he decides he is ready to buy. He messages his Edmonton realtor, Calvin Hexter, and tells him: I'm in buy mode. Then Wayne reviews the available inventory. He may look at seven properties. Write three offers. Get two accepted. And buy them. There is no secret inventory. There is no hidden database. The opportunities are already available. The key is recognizing which properties meet the framework and knowing how to evaluate them quickly enough to act. Wayne Has Already Locked Up Three Properties Wayne says he has already locked up three properties recently and still wants to purchase two more. The reason he has not bought the additional properties yet is not a lack of money or financing. He simply has not seen anything good enough. That is another important lesson. Being ready to buy does not mean forcing a deal. You wait until the property fits. Then you move. Opportunities Constantly Change A great real estate strategy today may not be a great strategy three years from now. Markets change. Prices change. Rents change. Interest rates change. Inventory changes. Investor competition changes. That means opportunities appear and disappear. Wayne says there are currently two particularly strong opportunities in Edmonton. Eventually, everybody may recognize them. Prices will increase. Competition will increase. Returns will compress. And the opportunity will disappear. Then investors need to recognize the next one. The Cost of Waiting for Proof One of Wayne's biggest warnings is waiting too long for proof that a strategy works. People often want to see everybody else doing it before they feel comfortable. But once everybody else is doing it, that creates the very competition that removes the opportunity. Wayne says his best deals often happen because he recognizes the opportunity before the broader market does. His students may then enter shortly afterward. Eventually everybody catches on. By that time, prices may already be 15%, 20% or 25% higher. Education allows investors to recognize opportunities earlier. REI Masters Student Deals Wayne and Gabby also highlight several deals currently happening inside the REI Masters community. Dennis Dennis recently took possession of another rental property generating approximately: $580 per month in cash flow. Wayne says Dennis and Andrea have acquired several properties during their first year and have added substantial monthly cash flow to their portfolio. Kyla and Fabian Kyla and Fabian found an off-market property through their We Buy Houses marketing. Instead of completing the flip themselves, they found another buyer and are assigning the opportunity for approximately: $10,000. Kane Kane recently locked up his first wholesale deal. Wayne describes it as an excellent potential Edmonton BRRRR opportunity. The property is a three-bedroom townhouse requiring approximately $15,000 to $20,000 in renovations. The potential strategy: Buy. Renovate. Refinance. Recover the invested capital. Keep the property. Cash flow approximately $300 per month afterward. Wayne says the property scored approximately 9% on the cash-flow test. Jas and Rupinder Jas and Rupinder recently acquired another property for approximately $30,000 to $40,000 below market value. They plan to complete renovations and may potentially use a BRRRR strategy. Anya Anya recently acquired a commercial property worth approximately: $2 million. Amanda Amanda has secured her first joint venture partner. Her challenge now is finding the right deal for the available capital. Additional Students Wayne also highlights several other students who have been acquiring properties, raising joint venture capital, building rent-to-own businesses and expanding their portfolios. The common thread is not luck. It is education followed by action. Edmonton's Infill Debate Gets Hotter The episode also covers a very different Edmonton real estate story. Residents in Edmonton's Parkview neighbourhood recently held a protest against increasing infill development. Residents have raised concerns about: Density Parking Traffic Garbage collection Snow removal Construction disruption Neighbourhood character Property values Shortly after the protest, a vacant house slated for redevelopment caught fire. The property reportedly had approval for a four-dwelling row house with four secondary suites. Fire officials considered the blaze suspicious, and Edmonton police began investigating. Wayne makes clear that nobody knows whether the fire had any connection to the protest. But the timing intensified an already heated debate around infill development in mature Edmonton neighbourhoods. Another Infill Fire Had a Different Cause Wayne also discusses another recent Edmonton infill-related fire. That fire was reportedly connected to a lithium-ion battery inside an electric scooter. Wayne says Edmonton fire officials reported numerous lithium-ion battery-related fires and millions of dollars in associated damage. The two fires were unrelated, but both highlight risks surrounding increasingly dense residential development. Wayne's Complicated View on Infill Wayne openly admits he has mixed feelings about Edmonton's infill boom. He participates in infill development. He believes new housing supply is necessary. He also understands why existing homeowners may be frustrated. Wayne believes Edmonton went too far in certain areas and added too much competing rental supply too quickly. That additional supply has created significant pressure on some segments of Edmonton's rental market. But not every property type is being affected equally. Edmonton Rents Are Down — But Not for Every Property Wayne says Edmonton rents overall have softened year over year. However, rents within his own portfolio have continued increasing. Why? Because he deliberately purchased properties that serve a different tenant profile than much of the new rental supply being built. This is another example of why understanding property type matters. Citywide averages do not tell you everything. You need to understand exactly who your tenant is, what alternatives they have and what type of property they actually want. The Main Lesson If you look at Wayne's deals or the deals being completed by REI Masters students and think: "Something seems off. Why don't I see these?" The better question may be: "What am I not seeing yet?" The listings are there. The opportunities are there. But opportunities only become obvious when you understand: The market. The numbers. The property type. The tenant. The risks. The financing. The exit. The operations. And how all of those pieces work together. Education changes what you see. Action determines what you do with it. REIcon – The Summit Series REIcon starts tonight in Edmonton. September 11–13, 2026 Wayne and Gabby will be there Friday and Saturday. The Canadian Real Estate Investing Morning Show will broadcast live on stage Saturday morning at 8:00 AM. Wayne will also be teaching due diligence, while Wayne and Gabby will present together on property and asset management. Get tickets at: www.reiconference.ca Use discount code: REIMASTERS15 for 15% off. REI Masters Mentorship Work directly with Wayne and Gabby on acquisitions, financing, market selection, joint ventures, wholesaling, BRRRR strategies, due diligence, property management and building a profitable Canadian real estate portfolio. www.reimasters.ca The 5% Rule™ Learn Wayne Hillier's cash-flow framework for evaluating rental properties. Search The 5% Rule by Wayne Hillier on Amazon. Watch the Morning Show Join Wayne and Gabby every weekday morning at 7:00 AM Mountain Time on YouTube. Follow Wayne Hillier – Real Estate Investing Coach on YouTube. Questions: info@reimorningshow.com Upcoming Events REIcon – The Summit Series Edmonton, Alberta September 11–13, 2026 www.reiconference.ca Discount code: REIMASTERS15 REI Masters Annual Retreat Edmonton, Alberta October 17–18, 2026 www.reimasters.ca Sponsors Calvin Realty – Edmonton Investor-Focused Realtor Team www.calvinrealty.ca Finngo Bookkeeping & Tax Specialized bookkeeping and tax services for Canadian real estate investors. www.finngo.com/rei Kirkwood & Brennan Mortgage Group Investor-focused mortgage planning for Canadian real estate investors. www.kbmortgages.ca keaton@kbmortgages.ca

How Are We Finding So Many Great Real Estate Deals? If great real estate deals really exist, why isn't everybody buying them? That was the question that came into the Canadian Real Estate Investing Morning Show today. A listener wanted to know how Wayne keeps finding strong deals, how REI Masters students keep buying cash-flowing properties, and why those opportunities seem almost invisible to everyone else. Wayne and Gabby's answer is simple: You don't know what you don't know. The properties are not hidden. The MLS is not secretly showing Wayne different listings. The opportunities are sitting in front of everybody. The difference is understanding what you are actually looking at. Today's episode also covers the growing infill controversy in Edmonton, a suspicious fire in Parkview following an anti-infill protest, the current Edmonton rental market, and several recent deals being completed by REI Masters students. "Something Seems Off" The listener's email asked: How can Wayne and his students keep finding all these great deals if everyone else can see the same properties? Wouldn't somebody else buy them first? Wayne's response is that most people are looking at real estate one-dimensionally. Experienced investors are looking at it from multiple angles. Two people can look at the exact same property. One sees: An old townhouse. A condo fee. A property that has been sitting on the market. Something that needs work. Another investor sees: Strong tenant demand. Cash flow. A below-market acquisition. A refinance opportunity. Long-term appreciation potential. A BRRRR. A wholesale assignment. Or simply a property that fits a very specific investment framework. The property did not change. The investor's knowledge changed. Buying the Property Is the Easy Part Wayne explains that even when he tells people exactly what type of property to buy, that does not guarantee success. He could say: Buy three-bedroom townhouses in Edmonton. He could narrow it down further. West end. South side. Certain neighbourhoods. Certain price ranges. But there are still plenty of ways to make a mistake. Which complex? What condo corporation? What reserve fund? What future repairs are coming? What tenant profile? What rent? What condition? What purchase price? What financing? What cash flow? What due diligence? And once you buy it, how will you manage it for the next 20 years? The purchase is only one piece of the puzzle. Why Education Changes What You See Wayne compares real estate knowledge to assembling a puzzle. The Morning Show gives investors pieces every weekday morning. Over time, listeners begin understanding how those pieces fit together. But somebody who hears only one episode may hear: "Buy an Edmonton townhouse." And think that is the entire strategy. It is not. The strategy is the complete framework surrounding the acquisition. Gabby summarizes the difference: Education. Someone who understands an industry will recognize opportunities that somebody without that education will completely miss. That principle applies far beyond real estate. The Deals Are Right in Front of You Wayne explains how his own acquisition process often works. Every month or two, he decides he is ready to buy. He messages his Edmonton realtor, Calvin Hexter, and tells him: I'm in buy mode. Then Wayne reviews the available inventory. He may look at seven properties. Write three offers. Get two accepted. And buy them. There is no secret inventory. There is no hidden database. The opportunities are already available. The key is recognizing which properties meet the framework and knowing how to evaluate them quickly enough to act. Wayne Has Already Locked Up Three Properties Wayne says he has already locked up three properties recently and still wants to purchase two more. The reason he has not bought the additional properties yet is not a lack of money or financing. He simply has not seen anything good enough. That is another important lesson. Being ready to buy does not mean forcing a deal. You wait until the property fits. Then you move. Opportunities Constantly Change A great real estate strategy today may not be a great strategy three years from now. Markets change. Prices change. Rents change. Interest rates change. Inventory changes. Investor competition changes. That means opportunities appear and disappear. Wayne says there are currently two particularly strong opportunities in Edmonton. Eventually, everybody may recognize them. Prices will increase. Competition will increase. Returns will compress. And the opportunity will disappear. Then investors need to recognize the next one. The Cost of Waiting for Proof One of Wayne's biggest warnings is waiting too long for proof that a strategy works. People often want to see everybody else doing it before they feel comfortable. But once everybody else is doing it, that creates the very competition that removes the opportunity. Wayne says his best deals often happen because he recognizes the opportunity before the broader market does. His students may then enter shortly afterward. Eventually everybody catches on. By that time, prices may already be 15%, 20% or 25% higher. Education allows investors to recognize opportunities earlier. REI Masters Student Deals Wayne and Gabby also highlight several deals currently happening inside the REI Masters community. Dennis Dennis recently took possession of another rental property generating approximately: $580 per month in cash flow. Wayne says Dennis and Andrea have acquired several properties during their first year and have added substantial monthly cash flow to their portfolio. Kyla and Fabian Kyla and Fabian found an off-market property through their We Buy Houses marketing. Instead of completing the flip themselves, they found another buyer and are assigning the opportunity for approximately: $10,000. Kane Kane recently locked up his first wholesale deal. Wayne describes it as an excellent potential Edmonton BRRRR opportunity. The property is a three-bedroom townhouse requiring approximately $15,000 to $20,000 in renovations. The potential strategy: Buy. Renovate. Refinance. Recover the invested capital. Keep the property. Cash flow approximately $300 per month afterward. Wayne says the property scored approximately 9% on the cash-flow test. Jas and Rupinder Jas and Rupinder recently acquired another property for approximately $30,000 to $40,000 below market value. They plan to complete renovations and may potentially use a BRRRR strategy. Anya Anya recently acquired a commercial property worth approximately: $2 million. Amanda Amanda has secured her first joint venture partner. Her challenge now is finding the right deal for the available capital. Additional Students Wayne also highlights several other students who have been acquiring properties, raising joint venture capital, building rent-to-own businesses and expanding their portfolios. The common thread is not luck. It is education followed by action. Edmonton's Infill Debate Gets Hotter The episode also covers a very different Edmonton real estate story. Residents in Edmonton's Parkview neighbourhood recently held a protest against increasing infill development. Residents have raised concerns about: Density Parking Traffic Garbage collection Snow removal Construction disruption Neighbourhood character Property values Shortly after the protest, a vacant house slated for redevelopment caught fire. The property reportedly had approval for a four-dwelling row house with four secondary suites. Fire officials considered the blaze suspicious, and Edmonton police began investigating. Wayne makes clear that nobody knows whether the fire had any connection to the protest. But the timing intensified an already heated debate around infill development in mature Edmonton neighbourhoods. Another Infill Fire Had a Different Cause Wayne also discusses another recent Edmonton infill-related fire. That fire was reportedly connected to a lithium-ion battery inside an electric scooter. Wayne says Edmonton fire officials reported numerous lithium-ion battery-related fires and millions of dollars in associated damage. The two fires were unrelated, but both highlight risks surrounding increasingly dense residential development. Wayne's Complicated View on Infill Wayne openly admits he has mixed feelings about Edmonton's infill boom. He participates in infill development. He believes new housing supply is necessary. He also understands why existing homeowners may be frustrated. Wayne believes Edmonton went too far in certain areas and added too much competing rental supply too quickly. That additional supply has created significant pressure on some segments of Edmonton's rental market. But not every property type is being affected equally. Edmonton Rents Are Down — But Not for Every Property Wayne says Edmonton rents overall have softened year over year. However, rents within his own portfolio have continued increasing. Why? Because he deliberately purchased properties that serve a different tenant profile than much of the new rental supply being built. This is another example of why understanding property type matters. Citywide averages do not tell you everything. You need to understand exactly who your tenant is, what alternatives they have and what type of property they actually want. The Main Lesson If you look at Wayne's deals or the deals being completed by REI Masters students and think: "Something seems off. Why don't I see these?" The better question may be: "What am I not seeing yet?" The listings are there. The opportunities are there. But opportunities only become obvious when you understand: The market. The numbers. The property type. The tenant. The risks. The financing. The exit. The operations. And how all of those pieces work together. Education changes what you see. Action determines what you do with it. REIcon – The Summit Series REIcon starts tonight in Edmonton. September 11–13, 2026 Wayne and Gabby will be there Friday and Saturday. The Canadian Real Estate Investing Morning Show will broadcast live on stage Saturday morning at 8:00 AM. Wayne will also be teaching due diligence, while Wayne and Gabby will present together on property and asset management. Get tickets at: www.reiconference.ca Use discount code: REIMASTERS15 for 15% off. REI Masters Mentorship Work directly with Wayne and Gabby on acquisitions, financing, market selection, joint ventures, wholesaling, BRRRR strategies, due diligence, property management and building a profitable Canadian real estate portfolio. www.reimasters.ca The 5% Rule™ Learn Wayne Hillier's cash-flow framework for evaluating rental properties. Search The 5% Rule by Wayne Hillier on Amazon. Watch the Morning Show Join Wayne and Gabby every weekday morning at 7:00 AM Mountain Time on YouTube. Follow Wayne Hillier – Real Estate Investing Coach on YouTube. Questions: info@reimorningshow.com Upcoming Events REIcon – The Summit Series Edmonton, Alberta September 11–13, 2026 www.reiconference.ca Discount code: REIMASTERS15 REI Masters Annual Retreat Edmonton, Alberta October 17–18, 2026 www.reimasters.ca Sponsors Calvin Realty – Edmonton Investor-Focused Realtor Team www.calvinrealty.ca Finngo Bookkeeping & Tax Specialized bookkeeping and tax services for Canadian real estate investors. www.finngo.com/rei Kirkwood & Brennan Mortgage Group Investor-focused mortgage planning for Canadian real estate investors. www.kbmortgages.ca keaton@kbmortgages.ca

What You Need To Know Before Investing in a New City How do you know whether a city is actually a good place to invest in real estate? A market can have cheap houses. It can have great-looking cash flow. Population might be increasing. Property values might be rising. And it can still be a terrible place to build a long-term rental portfolio. In today's episode of the Canadian Real Estate Investing Morning Show, Wayne and Gabby answer a question from listener Carmen: What do you look for when deciding whether to invest in a new city? Wayne breaks down five of the major factors he looks at before putting money into a new real estate market. The goal is not simply finding the city with the highest appreciation or cheapest properties. The goal is finding a market where you can buy a profitable rental business, operate it successfully, and have confidence that it can remain sustainable for the next 20 years. The Framework Comes Before the City Wayne explains that he does not start by falling in love with a city and then trying to make the numbers work. He starts with his investment framework. Then he asks: Does this market fit? If it does not fit the fundamentals, he moves on. Gabby describes it as trying to fit the correct peg into the correct hole. You do not start sanding the corners off because you really want the deal to work. The standards stay the same. The market either meets them or it does not. 1. Landlord and Tenant Laws One of Wayne's first considerations is the legal environment where the rental business will operate. A city can have: Great cash flow. Strong population growth. Excellent rents. Good appreciation potential. Low vacancy. And attractive properties. But if the landlord and tenant laws prevent you from operating the rental business effectively, that can be enough for Wayne to walk away. Wayne uses Ontario as an example. Issues such as restrictions surrounding lease termination, rent increases and lengthy dispute processes can materially change the risk profile of owning rental property. Gabby makes an important point: Managing the property properly is how you ultimately make money. You can make money when you buy. You can have great appreciation. You can have positive cash flow. But poor operations can destroy all of it. Wayne wants to know that both landlord and tenant are held accountable to the agreement they signed and that there is a reasonably efficient process when somebody does not fulfil their obligations. Before researching individual cities, understand the landlord and tenant laws of the province. 2. Cash Flow Potential Cash flow is one of the most important filters Wayne uses. If the type of property he wants to purchase cannot generate sufficient cash flow in that market, he will not buy there. Why? Because Wayne does not view rental real estate as simply purchasing an asset and hoping its value increases. He is buying an asset and operating a business from it. A business consistently spending more every month than it generates is not attractive simply because the building might eventually appreciate. Cash flow is also Wayne's primary risk mitigator. The greater the cash-flow cushion, the more room the investment has to absorb things outside the investor's control: Higher interest rates Vacancy Lower rents Increasing expenses Job losses Economic changes Unexpected repairs Wayne uses the 5% Rule™ Cash Flow Test as a minimum standard for evaluating this. Understand the Specific Neighbourhood Do not simply search: "What is the average rent in this city?" That is not enough. Different neighbourhoods attract different tenants. Different property types command different rents. One side of a city may perform very differently from another. Wayne and Gabby recommend researching the actual properties competing with the one you intend to purchase. Wayne gives an example from recent market-rent research. There were only a handful of comparable rentals available, and his property was clearly superior to the competition. Instead of simply copying the average asking rent, he decided the property could justify charging more. Market rent is not just a statistic. It is the price your property can command relative to the alternatives available to tenants. 3. Market Size Small towns can sometimes produce incredible-looking cash flow. Properties can be inexpensive. There may be almost no rental competition. Rents may appear exceptionally strong relative to purchase prices. That can be tempting. But Wayne sees a major problem: Sustainability. Everything can look fantastic while the town is booming. Then one employer closes. One construction project ends. One mine shuts down. One mill disappears. One economic event hits the dominant industry. Suddenly the rental demand that supported your investment disappears. Wayne generally prefers major cities with populations of approximately 500,000 or more. That is not a universal rule for every investor. It is his preference because larger markets generally provide more diversification and resilience. What About Smaller Cities Around Major Centres? Gabby adds an important exception. Smaller communities immediately surrounding a major metropolitan area can function as extensions of the larger city. Examples around Edmonton include: St. Albert Sherwood Park Spruce Grove Beaumont Residents may live there while still working, shopping and participating economically in the larger metropolitan area. Sometimes those communities offer lower purchase prices while maintaining similar rental demand. The important distinction is whether the smaller community has a genuinely diversified economic connection to the larger centre or exists primarily because of one local employer. 4. Industries and Employment Once Wayne identifies a potential market, he wants to understand: Why do people live there? Where are the jobs? How much do those jobs pay? Are those jobs sustainable? Are more jobs being created? Is the city dependent on one employer or industry? A market dominated by a single mill, mine, manufacturing plant or temporary infrastructure project creates more risk. If that employer disappears, the rental market can change extremely quickly. Wayne prefers markets with diversified employment and industries capable of producing good-paying, long-term jobs. Temporary Growth Can Fool Investors Imagine a small community suddenly gets thousands of workers because a major highway, mine, pipeline or infrastructure project is being built. Rental demand explodes. Vacancy disappears. Rents increase. Investors see the numbers and rush in. But what happens when construction finishes? If those workers leave and there is no permanent economic reason for people to remain, the rental demand can disappear just as quickly as it arrived. Wayne wants investments that can survive for 20 years. Not just the next construction cycle. 5. Population Growth and Migration Population growth is another major factor. More people moving into a city creates additional demand for housing. Initially, many newcomers rent. Eventually, some become homeowners. That can create pressure on both: Rental demand and Real estate values. Wayne wants to study the history of population growth and net migration. But historical numbers are not enough. He also looks forward. What projects are being announced? What employers are expanding? What new industries are arriving? What infrastructure is being built? What will cause people to move there over the next five, ten or twenty years? Follow the Jobs Wayne gives a theoretical example of a major new project creating thousands of construction jobs followed by thousands of permanent jobs. During construction, many workers may become renters. That puts pressure on rental supply. Later, some of those workers may take permanent jobs and become homebuyers. If you own the right type of property, you can potentially benefit from both phases. First, strong rental demand. Later, increased homebuyer demand for the same type of property. That is exactly the kind of long-term market dynamic Wayne looks for. Real Estate Prices Going Up Is Not Enough A city can have rapidly increasing real estate prices and still be a poor rental market. Gabby discusses communities where outside buyers drove prices higher while local residents increasingly struggled to afford either rents or homes. That creates a disconnect. Wayne repeatedly comes back to the same principle: You are not simply buying a box and hoping the box becomes more valuable. You are operating a business from the property. The market needs to support that business. The Five Filters When Wayne begins evaluating a new real estate market, five of the major things he considers are: Landlord and tenant laws Cash flow potential Market size Industries and employment Population growth and migration These five factors are only the beginning. Once a market passes those filters, deeper due diligence begins. What neighbourhoods? What asset classes? What tenant profile? What vacancy? What property values? What rents? What long-term development is happening? The purpose of the first analysis is not to prove that you should invest somewhere. It is to determine whether the market deserves further investigation. A Rare BRRRR Opportunity in Edmonton Wayne and Gabby also discuss an opportunity brought to the previous night's REI Masters coaching session. One student operating a wholesaling business found an Edmonton property that Wayne believes could potentially make an excellent BRRRR. The renovation appears relatively simple, potentially around $10,000 to $20,000 in cosmetic improvements. The strategy would be: Buy the property. Complete the renovation. Increase the value. Refinance. Recover the invested capital. Then hold the property as a cash-flowing rental. Based on the analysis discussed during the coaching session, Wayne says the property performed exceptionally well on the cash-flow test. He describes opportunities like this as increasingly rare and says Edmonton has not offered many comparable BRRRR opportunities in several years. Weekly REI Masters Coaching Wayne and Gabby also share several wins and challenges discussed during their weekly REI Masters coaching session. Students are currently working through: Condo document due diligence Off-market acquisitions Wholesale assignments Joint venture partnerships Finding deals for money partners BRRRR opportunities Financing Legal issues Market selection The coaching sessions are designed around helping students solve the actual roadblocks preventing them from reaching their next objective. REIcon – The Summit Series REIcon begins tomorrow in Edmonton. September 11–13, 2026 Wayne and Gabby will be there Friday and Saturday. On Saturday morning at 8:00 AM, the Canadian Real Estate Investing Morning Show will be recorded live on stage. Wayne and Gabby are also presenting during Saturday's sessions. Get tickets at: www.reiconference.ca Use discount code: REIMASTERS15 for 15% off. REI Masters Mentorship Work directly with Wayne and Gabby on market selection, acquisitions, financing, deal analysis, property management, joint ventures, wholesaling and building a profitable Canadian real estate portfolio. www.reimasters.ca The 5% Rule™ Learn Wayne Hillier's cash-flow framework for evaluating Canadian rental properties. Search The 5% Rule by Wayne Hillier on Amazon. Watch the Morning Show Join Wayne and Gabby every weekday morning at 7:00 AM Mountain Time on YouTube. Follow Wayne Hillier – Real Estate Investing Coach on YouTube. Questions for the show: info@reimorningshow.com Upcoming Events REIcon – The Summit Series Edmonton, Alberta September 11–13, 2026 www.reiconference.ca Discount code: REIMASTERS15 REI Masters Annual Retreat Edmonton, Alberta October 17–18, 2026 www.reimasters.ca Sponsors Calvin Realty – Edmonton Investor-Focused Realtor Team www.calvinrealty.ca Finngo Bookkeeping & Tax Specialized bookkeeping and tax services for Canadian real estate investors. www.finngo.com/rei Kirkwood & Brennan Mortgage Group Investor-focused mortgage planning for Canadian real estate investors. www.kbmortgages.ca keaton@kbmortgages.ca

Tous les matins à 7h15, le parti pris argumenté d'un invité sur un sujet d'actualité, avec les témoignages et les réactions des auditeurs de RMC en direct au 3216.

What You Need To Know Before Investing in a New City How do you know whether a city is actually a good place to invest in real estate? A market can have cheap houses. It can have great-looking cash flow. Population might be increasing. Property values might be rising. And it can still be a terrible place to build a long-term rental portfolio. In today's episode of the Canadian Real Estate Investing Morning Show, Wayne and Gabby answer a question from listener Carmen: What do you look for when deciding whether to invest in a new city? Wayne breaks down five of the major factors he looks at before putting money into a new real estate market. The goal is not simply finding the city with the highest appreciation or cheapest properties. The goal is finding a market where you can buy a profitable rental business, operate it successfully, and have confidence that it can remain sustainable for the next 20 years. The Framework Comes Before the City Wayne explains that he does not start by falling in love with a city and then trying to make the numbers work. He starts with his investment framework. Then he asks: Does this market fit? If it does not fit the fundamentals, he moves on. Gabby describes it as trying to fit the correct peg into the correct hole. You do not start sanding the corners off because you really want the deal to work. The standards stay the same. The market either meets them or it does not. 1. Landlord and Tenant Laws One of Wayne's first considerations is the legal environment where the rental business will operate. A city can have: Great cash flow. Strong population growth. Excellent rents. Good appreciation potential. Low vacancy. And attractive properties. But if the landlord and tenant laws prevent you from operating the rental business effectively, that can be enough for Wayne to walk away. Wayne uses Ontario as an example. Issues such as restrictions surrounding lease termination, rent increases and lengthy dispute processes can materially change the risk profile of owning rental property. Gabby makes an important point: Managing the property properly is how you ultimately make money. You can make money when you buy. You can have great appreciation. You can have positive cash flow. But poor operations can destroy all of it. Wayne wants to know that both landlord and tenant are held accountable to the agreement they signed and that there is a reasonably efficient process when somebody does not fulfil their obligations. Before researching individual cities, understand the landlord and tenant laws of the province. 2. Cash Flow Potential Cash flow is one of the most important filters Wayne uses. If the type of property he wants to purchase cannot generate sufficient cash flow in that market, he will not buy there. Why? Because Wayne does not view rental real estate as simply purchasing an asset and hoping its value increases. He is buying an asset and operating a business from it. A business consistently spending more every month than it generates is not attractive simply because the building might eventually appreciate. Cash flow is also Wayne's primary risk mitigator. The greater the cash-flow cushion, the more room the investment has to absorb things outside the investor's control: Higher interest rates Vacancy Lower rents Increasing expenses Job losses Economic changes Unexpected repairs Wayne uses the 5% Rule™ Cash Flow Test as a minimum standard for evaluating this. Understand the Specific Neighbourhood Do not simply search: "What is the average rent in this city?" That is not enough. Different neighbourhoods attract different tenants. Different property types command different rents. One side of a city may perform very differently from another. Wayne and Gabby recommend researching the actual properties competing with the one you intend to purchase. Wayne gives an example from recent market-rent research. There were only a handful of comparable rentals available, and his property was clearly superior to the competition. Instead of simply copying the average asking rent, he decided the property could justify charging more. Market rent is not just a statistic. It is the price your property can command relative to the alternatives available to tenants. 3. Market Size Small towns can sometimes produce incredible-looking cash flow. Properties can be inexpensive. There may be almost no rental competition. Rents may appear exceptionally strong relative to purchase prices. That can be tempting. But Wayne sees a major problem: Sustainability. Everything can look fantastic while the town is booming. Then one employer closes. One construction project ends. One mine shuts down. One mill disappears. One economic event hits the dominant industry. Suddenly the rental demand that supported your investment disappears. Wayne generally prefers major cities with populations of approximately 500,000 or more. That is not a universal rule for every investor. It is his preference because larger markets generally provide more diversification and resilience. What About Smaller Cities Around Major Centres? Gabby adds an important exception. Smaller communities immediately surrounding a major metropolitan area can function as extensions of the larger city. Examples around Edmonton include: St. Albert Sherwood Park Spruce Grove Beaumont Residents may live there while still working, shopping and participating economically in the larger metropolitan area. Sometimes those communities offer lower purchase prices while maintaining similar rental demand. The important distinction is whether the smaller community has a genuinely diversified economic connection to the larger centre or exists primarily because of one local employer. 4. Industries and Employment Once Wayne identifies a potential market, he wants to understand: Why do people live there? Where are the jobs? How much do those jobs pay? Are those jobs sustainable? Are more jobs being created? Is the city dependent on one employer or industry? A market dominated by a single mill, mine, manufacturing plant or temporary infrastructure project creates more risk. If that employer disappears, the rental market can change extremely quickly. Wayne prefers markets with diversified employment and industries capable of producing good-paying, long-term jobs. Temporary Growth Can Fool Investors Imagine a small community suddenly gets thousands of workers because a major highway, mine, pipeline or infrastructure project is being built. Rental demand explodes. Vacancy disappears. Rents increase. Investors see the numbers and rush in. But what happens when construction finishes? If those workers leave and there is no permanent economic reason for people to remain, the rental demand can disappear just as quickly as it arrived. Wayne wants investments that can survive for 20 years. Not just the next construction cycle. 5. Population Growth and Migration Population growth is another major factor. More people moving into a city creates additional demand for housing. Initially, many newcomers rent. Eventually, some become homeowners. That can create pressure on both: Rental demand and Real estate values. Wayne wants to study the history of population growth and net migration. But historical numbers are not enough. He also looks forward. What projects are being announced? What employers are expanding? What new industries are arriving? What infrastructure is being built? What will cause people to move there over the next five, ten or twenty years? Follow the Jobs Wayne gives a theoretical example of a major new project creating thousands of construction jobs followed by thousands of permanent jobs. During construction, many workers may become renters. That puts pressure on rental supply. Later, some of those workers may take permanent jobs and become homebuyers. If you own the right type of property, you can potentially benefit from both phases. First, strong rental demand. Later, increased homebuyer demand for the same type of property. That is exactly the kind of long-term market dynamic Wayne looks for. Real Estate Prices Going Up Is Not Enough A city can have rapidly increasing real estate prices and still be a poor rental market. Gabby discusses communities where outside buyers drove prices higher while local residents increasingly struggled to afford either rents or homes. That creates a disconnect. Wayne repeatedly comes back to the same principle: You are not simply buying a box and hoping the box becomes more valuable. You are operating a business from the property. The market needs to support that business. The Five Filters When Wayne begins evaluating a new real estate market, five of the major things he considers are: Landlord and tenant laws Cash flow potential Market size Industries and employment Population growth and migration These five factors are only the beginning. Once a market passes those filters, deeper due diligence begins. What neighbourhoods? What asset classes? What tenant profile? What vacancy? What property values? What rents? What long-term development is happening? The purpose of the first analysis is not to prove that you should invest somewhere. It is to determine whether the market deserves further investigation. A Rare BRRRR Opportunity in Edmonton Wayne and Gabby also discuss an opportunity brought to the previous night's REI Masters coaching session. One student operating a wholesaling business found an Edmonton property that Wayne believes could potentially make an excellent BRRRR. The renovation appears relatively simple, potentially around $10,000 to $20,000 in cosmetic improvements. The strategy would be: Buy the property. Complete the renovation. Increase the value. Refinance. Recover the invested capital. Then hold the property as a cash-flowing rental. Based on the analysis discussed during the coaching session, Wayne says the property performed exceptionally well on the cash-flow test. He describes opportunities like this as increasingly rare and says Edmonton has not offered many comparable BRRRR opportunities in several years. Weekly REI Masters Coaching Wayne and Gabby also share several wins and challenges discussed during their weekly REI Masters coaching session. Students are currently working through: Condo document due diligence Off-market acquisitions Wholesale assignments Joint venture partnerships Finding deals for money partners BRRRR opportunities Financing Legal issues Market selection The coaching sessions are designed around helping students solve the actual roadblocks preventing them from reaching their next objective. REIcon – The Summit Series REIcon begins tomorrow in Edmonton. September 11–13, 2026 Wayne and Gabby will be there Friday and Saturday. On Saturday morning at 8:00 AM, the Canadian Real Estate Investing Morning Show will be recorded live on stage. Wayne and Gabby are also presenting during Saturday's sessions. Get tickets at: www.reiconference.ca Use discount code: REIMASTERS15 for 15% off. REI Masters Mentorship Work directly with Wayne and Gabby on market selection, acquisitions, financing, deal analysis, property management, joint ventures, wholesaling and building a profitable Canadian real estate portfolio. www.reimasters.ca The 5% Rule™ Learn Wayne Hillier's cash-flow framework for evaluating Canadian rental properties. Search The 5% Rule by Wayne Hillier on Amazon. Watch the Morning Show Join Wayne and Gabby every weekday morning at 7:00 AM Mountain Time on YouTube. Follow Wayne Hillier – Real Estate Investing Coach on YouTube. Questions for the show: info@reimorningshow.com Upcoming Events REIcon – The Summit Series Edmonton, Alberta September 11–13, 2026 www.reiconference.ca Discount code: REIMASTERS15 REI Masters Annual Retreat Edmonton, Alberta October 17–18, 2026 www.reimasters.ca Sponsors Calvin Realty – Edmonton Investor-Focused Realtor Team www.calvinrealty.ca Finngo Bookkeeping & Tax Specialized bookkeeping and tax services for Canadian real estate investors. www.finngo.com/rei Kirkwood & Brennan Mortgage Group Investor-focused mortgage planning for Canadian real estate investors. www.kbmortgages.ca keaton@kbmortgages.ca

Rents are shooting through the roof in San Francisco as the AI boom creates yet another new class of wealthy people. The average rent for a two-bedroom apartment in the city is now $4,600, according to Apartment List, up more than 25% from last year. Some landlords are looking to cash in by clearing out tenants from rent-controlled homes, so renters say they're being offered massive buyouts – some above six figures – to leave their apartments or else face no-fault eviction. We'll talk about wild times in San Francisco's rental market and how landlords, renters and those in search for a place to live are adjusting. Guests: Kami Rieck, contributing writer, New York Times Tuesday Thornton, staff attorney, Eviction Defense Collaborative Joshua Howard, executive vice president of local government affairs, California Apartment Association J.K. Dineen, Bay Area housing reporter, San Francisco Chronicle Learn more about your ad choices. Visit megaphone.fm/adchoices

What does a $5.99 indie film rental actually earn the filmmaker? In this episode, I break down the economics of TVOD and show where the money goes after the streaming platform and distributor take their percentages. We also look at investor recoupment, how a small indie film might calculate its potential rental revenue, and why filmmakers should work backwards from realistic distribution revenue when setting a movie's budget. If you're financing, producing, or distributing an independent movie, understanding the economics of VOD can help you make much smarter decisions before production begins.

Is Calgary Still a Good Place to Invest in Real Estate? Calgary real estate investors have had an incredible run. Properties that once sold for under $300,000 are now worth significantly more. Rents increased. Investors who bought several years ago benefited from cash flow, mortgage paydown and substantial appreciation. But that creates a different question in 2026: Does Calgary still make sense for someone buying today? In today's episode of the Canadian Real Estate Investing Morning Show, Wayne and Gabby answer a listener who already owns Calgary rental properties and wants to know whether they should buy more, continue holding what they own, or sell. Wayne's answer comes down to one important relationship: The rent-to-price ratio. Property values can continue increasing, but if rents are no longer high enough to support the cost of owning the property, the investment stops functioning as a profitable rental business. Don't Fall in Love With a Market Wayne starts with an important reminder. Being from Calgary is not a reason to invest in Calgary. Loving Calgary is not a reason to invest in Calgary. Having made money there previously is not automatically a reason to buy there again. Real estate investing decisions should be based on the numbers and fundamentals available today. Markets change. Strategies need to change with them. The Difference Between Holding and Buying Today This is one of the most important distinctions in the episode. Someone who bought a Calgary property five years ago may be in an excellent position today. They may have: A much smaller original mortgage Years of mortgage principal paydown Increased rents A large amount of equity Positive cash flow A substantial reserve fund That does not mean someone purchasing the exact same property today will get the same result. The existing owner and the new buyer are working with completely different numbers. The Calgary Investor Who Bought at $280,000 Wayne walks through a simplified example. Several years ago, an investor might have purchased a Calgary house for approximately: $280,000 At 20% down, that investor would have contributed approximately: $56,000 Their mortgage would have been around: $224,000 At the time, similar properties could potentially rent for approximately $1,700 to $1,900 per month depending on the property and neighbourhood. Interest rates were also dramatically lower. The property could cash flow. Then rents increased. And property values increased significantly. That investor may now be sitting on an asset worth well over $500,000 while still carrying a relatively small mortgage. That is an excellent position. Now Buy the Same Property in 2026 The problem is the next investor is not buying it for $280,000. They may be buying it for: $550,000 At 20% down: $110,000 Mortgage: $440,000 Now add today's mortgage rate, property taxes, insurance, maintenance, vacancy and other operating expenses. The same rental income that produces great cash flow for the person who bought five years ago may produce negative cash flow for the buyer purchasing today. That is the problem. The Rent-to-Price Ratio Is Out of Balance Wayne describes the rent-to-price ratio as the relationship between: What the property costs and What the market will pay to rent it. Calgary property prices increased extremely quickly. Rents increased too. But eventually prices outpaced rents. And rents cannot simply keep increasing indefinitely because tenants still need to be able to afford them. Once purchase prices increase faster than rental income, cash flow begins disappearing. That is where Wayne believes Calgary is today for many residential rental properties. Appreciation Does Not Fix Bad Cash Flow Wayne believes Calgary property values can continue to increase over the long term. Residential real estate generally trends upward over long holding periods. But it does not move upward in a straight line. Interest rates change. Oil prices change. Inflation changes. Employment changes. Government policy changes. Immigration changes. Economic conditions change. Investors cannot reliably predict every short-term movement. That is why Wayne does not want to purchase a negative-cash-flow property simply because he believes it may appreciate. The business still needs to work. The $550,000 Example Wayne runs another simple example. Purchase price: $550,000 20% down: $110,000 Mortgage: $440,000 At approximately 4% over 30 years, the mortgage payment alone is around $2,100 per month. Then add approximately: $300+ per month in property taxes $150 or more in insurance Repairs Maintenance Vacancy Other expenses If the market rent is approximately $2,200 to $2,300, the numbers do not work. You are negative before even accounting for several real operating expenses. That is not the type of rental business Wayne wants to buy. Don't Follow the Headlines This is where investors can get confused. They see headlines saying: Calgary prices are increasing. Calgary is appreciating. Calgary is growing. Calgary remains desirable. Those things may all be true. But the important question for a rental-property investor is: Can I buy this property today and operate it profitably at today's price, today's rent and today's financing costs? If the answer is no, rising property values do not automatically make it a good investment. Wayne Is Still Holding His Calgary Properties Wayne makes an important distinction between buying more and selling what he already owns. He is not currently looking to buy more Calgary residential rental properties. But he is also not rushing to sell the Calgary properties he already owns. One example from his portfolio was purchased for approximately: $350,000 Today, Wayne estimates that property is worth around: $575,000 That represents roughly 65% appreciation over approximately five years. Even more interestingly, Wayne estimates the property increased from around $530,000 to $575,000 in the last year alone. That is approximately an 8.5% increase. The property still cash flows because Wayne's mortgage is based on the original purchase price, not today's value. Why Wayne Isn't Refinancing All That Equity That property now contains a significant amount of equity. So why not refinance it and pull the money out? Because increasing the mortgage could destroy the cash flow. Wayne's existing mortgage started at approximately $280,000 and has been paid down over time. Refinancing against today's $575,000 value would dramatically increase the debt and potentially eliminate the profitability of the rental business. So Wayne is comfortable allowing the equity to sit there. The property cash flows. It continues paying down debt. It has a healthy reserve. And it may continue appreciating. That is enough. Calgary Was an Incredible Opportunity Wayne is not saying Calgary was a bad investment. Quite the opposite. For investors who purchased the right properties before prices accelerated, Calgary created exceptional returns. Some properties appreciated 50%, 60% or more over several years. At the same time: Rents increased. Mortgages were paid down. Cash flow accumulated. That combination produced tremendous returns. The problem is that once everybody recognizes the opportunity, capital rushes in. Prices rise. Eventually the original opportunity disappears. The Opportunity Moves Wayne explains this as a pattern. A market has a strong rent-to-price ratio. Investors recognize it. Capital enters. Homebuyers enter. Prices increase. Eventually the rent-to-price ratio gets squeezed. Investors then start looking for the next market where rents still support the purchase prices. Wayne believes this is part of what happened as attention shifted from Calgary toward Edmonton. Edmonton then experienced substantial appreciation as more capital entered that market. Eventually another market may become the next opportunity. The investor's job is to recognize it before everybody else does. Wayne's Answer: Hold Calgary, But Be Careful Buying More For the listener who already owns successful Calgary rentals, Wayne's approach would generally be: Keep the profitable properties. Continue collecting cash flow. Continue paying down the mortgages. Let the equity grow. Be cautious about refinancing if it destroys the cash flow. And wait for the right time to eventually sell. But for someone looking to purchase a typical Calgary residential rental today, Wayne believes it is difficult to find properties that meet the investment fundamentals he teaches. There may still be specific opportunities. But they are much harder to find. The Main Lesson Do not ask: "Are Calgary prices going up?" Ask: "Does this rental property make sense at today's price?" Understand: Purchase price Market rent Financing Property taxes Insurance Repairs Maintenance Vacancy Cash flow Then determine whether the property meets your investment criteria. The goal is not to predict which city will increase the most next year. The goal is to buy a rental business capable of surviving for the next 20 years. Coming Tomorrow A listener asked another important question during today's live show: What do you look for when deciding whether to invest in a new city? Wayne and Gabby plan to tackle that question on tomorrow's Morning Show. REIcon – The Summit Series REIcon takes place in Edmonton this weekend: September 11–13, 2026 Wayne and Gabby will be there Friday and Saturday. The Canadian Real Estate Investing Morning Show will broadcast live on stage Saturday morning. Wayne will also be teaching due diligence and pre-purchase analysis. Get your tickets at: www.reiconference.ca Use discount code: REIMASTERS15 for 15% off. REI Masters Mentorship Work directly with Wayne and Gabby on acquisitions, market selection, financing, deal analysis, joint ventures, property management and building a profitable Canadian real estate portfolio. www.reimasters.ca The 5% Rule™ Learn Wayne Hillier's framework for evaluating rental-property cash flow and determining whether a property produces sufficient return relative to your investment. Search The 5% Rule by Wayne Hillier on Amazon. Watch the Morning Show Join Wayne and Gabby every weekday morning at 7:00 AM Mountain Time on YouTube. Follow Wayne Hillier – Real Estate Investing Coach on YouTube. Questions for the show: info@reimorningshow.com Upcoming Events REIcon – The Summit Series Edmonton, Alberta September 11–13, 2026 www.reiconference.ca Discount code: REIMASTERS15 REI Masters Annual Retreat Edmonton, Alberta October 17–18, 2026 www.reimasters.ca Sponsors Calvin Realty – Edmonton Investor-Focused Realtor Team www.calvinrealty.ca Finngo Bookkeeping & Tax Specialized bookkeeping and tax services for Canadian real estate investors. www.finngo.com/rei Kirkwood & Brennan Mortgage Group Investor-focused mortgage planning for Canadian real estate investors. www.kbmortgages.ca keaton@kbmortgages.ca

Is Calgary Still a Good Place to Invest in Real Estate? Calgary real estate investors have had an incredible run. Properties that once sold for under $300,000 are now worth significantly more. Rents increased. Investors who bought several years ago benefited from cash flow, mortgage paydown and substantial appreciation. But that creates a different question in 2026: Does Calgary still make sense for someone buying today? In today's episode of the Canadian Real Estate Investing Morning Show, Wayne and Gabby answer a listener who already owns Calgary rental properties and wants to know whether they should buy more, continue holding what they own, or sell. Wayne's answer comes down to one important relationship: The rent-to-price ratio. Property values can continue increasing, but if rents are no longer high enough to support the cost of owning the property, the investment stops functioning as a profitable rental business. Don't Fall in Love With a Market Wayne starts with an important reminder. Being from Calgary is not a reason to invest in Calgary. Loving Calgary is not a reason to invest in Calgary. Having made money there previously is not automatically a reason to buy there again. Real estate investing decisions should be based on the numbers and fundamentals available today. Markets change. Strategies need to change with them. The Difference Between Holding and Buying Today This is one of the most important distinctions in the episode. Someone who bought a Calgary property five years ago may be in an excellent position today. They may have: A much smaller original mortgage Years of mortgage principal paydown Increased rents A large amount of equity Positive cash flow A substantial reserve fund That does not mean someone purchasing the exact same property today will get the same result. The existing owner and the new buyer are working with completely different numbers. The Calgary Investor Who Bought at $280,000 Wayne walks through a simplified example. Several years ago, an investor might have purchased a Calgary house for approximately: $280,000 At 20% down, that investor would have contributed approximately: $56,000 Their mortgage would have been around: $224,000 At the time, similar properties could potentially rent for approximately $1,700 to $1,900 per month depending on the property and neighbourhood. Interest rates were also dramatically lower. The property could cash flow. Then rents increased. And property values increased significantly. That investor may now be sitting on an asset worth well over $500,000 while still carrying a relatively small mortgage. That is an excellent position. Now Buy the Same Property in 2026 The problem is the next investor is not buying it for $280,000. They may be buying it for: $550,000 At 20% down: $110,000 Mortgage: $440,000 Now add today's mortgage rate, property taxes, insurance, maintenance, vacancy and other operating expenses. The same rental income that produces great cash flow for the person who bought five years ago may produce negative cash flow for the buyer purchasing today. That is the problem. The Rent-to-Price Ratio Is Out of Balance Wayne describes the rent-to-price ratio as the relationship between: What the property costs and What the market will pay to rent it. Calgary property prices increased extremely quickly. Rents increased too. But eventually prices outpaced rents. And rents cannot simply keep increasing indefinitely because tenants still need to be able to afford them. Once purchase prices increase faster than rental income, cash flow begins disappearing. That is where Wayne believes Calgary is today for many residential rental properties. Appreciation Does Not Fix Bad Cash Flow Wayne believes Calgary property values can continue to increase over the long term. Residential real estate generally trends upward over long holding periods. But it does not move upward in a straight line. Interest rates change. Oil prices change. Inflation changes. Employment changes. Government policy changes. Immigration changes. Economic conditions change. Investors cannot reliably predict every short-term movement. That is why Wayne does not want to purchase a negative-cash-flow property simply because he believes it may appreciate. The business still needs to work. The $550,000 Example Wayne runs another simple example. Purchase price: $550,000 20% down: $110,000 Mortgage: $440,000 At approximately 4% over 30 years, the mortgage payment alone is around $2,100 per month. Then add approximately: $300+ per month in property taxes $150 or more in insurance Repairs Maintenance Vacancy Other expenses If the market rent is approximately $2,200 to $2,300, the numbers do not work. You are negative before even accounting for several real operating expenses. That is not the type of rental business Wayne wants to buy. Don't Follow the Headlines This is where investors can get confused. They see headlines saying: Calgary prices are increasing. Calgary is appreciating. Calgary is growing. Calgary remains desirable. Those things may all be true. But the important question for a rental-property investor is: Can I buy this property today and operate it profitably at today's price, today's rent and today's financing costs? If the answer is no, rising property values do not automatically make it a good investment. Wayne Is Still Holding His Calgary Properties Wayne makes an important distinction between buying more and selling what he already owns. He is not currently looking to buy more Calgary residential rental properties. But he is also not rushing to sell the Calgary properties he already owns. One example from his portfolio was purchased for approximately: $350,000 Today, Wayne estimates that property is worth around: $575,000 That represents roughly 65% appreciation over approximately five years. Even more interestingly, Wayne estimates the property increased from around $530,000 to $575,000 in the last year alone. That is approximately an 8.5% increase. The property still cash flows because Wayne's mortgage is based on the original purchase price, not today's value. Why Wayne Isn't Refinancing All That Equity That property now contains a significant amount of equity. So why not refinance it and pull the money out? Because increasing the mortgage could destroy the cash flow. Wayne's existing mortgage started at approximately $280,000 and has been paid down over time. Refinancing against today's $575,000 value would dramatically increase the debt and potentially eliminate the profitability of the rental business. So Wayne is comfortable allowing the equity to sit there. The property cash flows. It continues paying down debt. It has a healthy reserve. And it may continue appreciating. That is enough. Calgary Was an Incredible Opportunity Wayne is not saying Calgary was a bad investment. Quite the opposite. For investors who purchased the right properties before prices accelerated, Calgary created exceptional returns. Some properties appreciated 50%, 60% or more over several years. At the same time: Rents increased. Mortgages were paid down. Cash flow accumulated. That combination produced tremendous returns. The problem is that once everybody recognizes the opportunity, capital rushes in. Prices rise. Eventually the original opportunity disappears. The Opportunity Moves Wayne explains this as a pattern. A market has a strong rent-to-price ratio. Investors recognize it. Capital enters. Homebuyers enter. Prices increase. Eventually the rent-to-price ratio gets squeezed. Investors then start looking for the next market where rents still support the purchase prices. Wayne believes this is part of what happened as attention shifted from Calgary toward Edmonton. Edmonton then experienced substantial appreciation as more capital entered that market. Eventually another market may become the next opportunity. The investor's job is to recognize it before everybody else does. Wayne's Answer: Hold Calgary, But Be Careful Buying More For the listener who already owns successful Calgary rentals, Wayne's approach would generally be: Keep the profitable properties. Continue collecting cash flow. Continue paying down the mortgages. Let the equity grow. Be cautious about refinancing if it destroys the cash flow. And wait for the right time to eventually sell. But for someone looking to purchase a typical Calgary residential rental today, Wayne believes it is difficult to find properties that meet the investment fundamentals he teaches. There may still be specific opportunities. But they are much harder to find. The Main Lesson Do not ask: "Are Calgary prices going up?" Ask: "Does this rental property make sense at today's price?" Understand: Purchase price Market rent Financing Property taxes Insurance Repairs Maintenance Vacancy Cash flow Then determine whether the property meets your investment criteria. The goal is not to predict which city will increase the most next year. The goal is to buy a rental business capable of surviving for the next 20 years. Coming Tomorrow A listener asked another important question during today's live show: What do you look for when deciding whether to invest in a new city? Wayne and Gabby plan to tackle that question on tomorrow's Morning Show. REIcon – The Summit Series REIcon takes place in Edmonton this weekend: September 11–13, 2026 Wayne and Gabby will be there Friday and Saturday. The Canadian Real Estate Investing Morning Show will broadcast live on stage Saturday morning. Wayne will also be teaching due diligence and pre-purchase analysis. Get your tickets at: www.reiconference.ca Use discount code: REIMASTERS15 for 15% off. REI Masters Mentorship Work directly with Wayne and Gabby on acquisitions, market selection, financing, deal analysis, joint ventures, property management and building a profitable Canadian real estate portfolio. www.reimasters.ca The 5% Rule™ Learn Wayne Hillier's framework for evaluating rental-property cash flow and determining whether a property produces sufficient return relative to your investment. Search The 5% Rule by Wayne Hillier on Amazon. Watch the Morning Show Join Wayne and Gabby every weekday morning at 7:00 AM Mountain Time on YouTube. Follow Wayne Hillier – Real Estate Investing Coach on YouTube. Questions for the show: info@reimorningshow.com Upcoming Events REIcon – The Summit Series Edmonton, Alberta September 11–13, 2026 www.reiconference.ca Discount code: REIMASTERS15 REI Masters Annual Retreat Edmonton, Alberta October 17–18, 2026 www.reimasters.ca Sponsors Calvin Realty – Edmonton Investor-Focused Realtor Team www.calvinrealty.ca Finngo Bookkeeping & Tax Specialized bookkeeping and tax services for Canadian real estate investors. www.finngo.com/rei Kirkwood & Brennan Mortgage Group Investor-focused mortgage planning for Canadian real estate investors. www.kbmortgages.ca keaton@kbmortgages.ca

Axel Ragnarsson goes into a stream-of-consciousness rundown of 11 lessons, mistakes, and hot takes on multifamily investing pulled from years in the trenches as both an active buyer and operator for this solo Multi-Family Minutes episode.This episode is essential listening for any investor — new or experienced — who wants a rapid-fire gut check on where they're wasting time, misreading risk, or misunderstanding how the market actually values their deals heading into 2027 and beyond.Join us as we dive into:You're saying yes to too many things — why chasing deals, partnerships, and asset classes outside your defined market, deal size, and strategy pulls you away from where your time is actually best spent.Most investors don't know their core competency — the three pillars of real estate investing (acquisitions, financing/capital, and operations) and why picking one to truly excel at — rather than doing all three at a mediocre level — is what creates a real edge."Rents are a market decision, vacancy is an operator decision" — why chasing the market down in small rent increments is a mistake, and why getting ahead of demand by pricing to clear the market beats holding out for a number that isn't there.You're probably not taking enough risk — especially investors under 30 — and why the "worst case" of a failed deal is rarely as catastrophic as new investors imagine.You don't make real money via cash flow in C-class rentals — why C-class assets are "trading assets," not "investing assets," and how the real returns come from buying right, stabilizing, and exiting rather than long-term hold cash flow.Always know who your eventual buyer is — why elevated NOI from mid-term rentals, rent-by-the-room, or other operationally intensive strategies won't get rewarded at exit the way owners expect, since buyers underwrite to their own (usually more conventional) operating plan.Get comfortable: rates aren't dropping and rents aren't spiking anytime soon — a realistic outlook suggesting the current rate and rent environment likely persists through 2027, into 2028, and possibly 2029.If a deal intimidates you, take the partner — a personal admission that some of the biggest early-career mistakes came from over-extending on deals with complexity better handled alongside a complementary partner.Environmental, title, and government issues are the ones to fear most in DD — unlike physical or tenant problems (which you can price), vague issues like unresolved fire-department sprinkler mandates or ambiguous title exceptions need full closure before moving forward.Revenue solves almost every operating problem — since the majority of multifamily expenses are fixed regardless of occupancy, the core of asset management is filling units, avoiding delinquency, and protecting occupancy — even if that means taking a lower rent now and refinancing later.The buyer who pays more than you probably has different goals or a different cost of capital — not necessarily better information — whether that's a 1031 exchange buyer, a hobbyist doctor-investor, a nearby owner paying a premium for proximity, or an out-of-market operator buying a foothold deal.Are you looking to invest in real estate, but don't want to deal with the hassle of finding great deals, signing on debt, and managing tenants? Aligned Real Estate Partners provides investment opportunities to passive investors looking for the returns, stability, and tax benefits multifamily real estate offers, but without the work - join our investor club to be notified of future investment opportunities.Connect with Axel:Follow him on InstagramConnect with him on LinkedinSubscribe to our YouTube channelLearn more about Aligned Real Estate Partners

Please join us at patreon.com/tortoiseshack In this Reboot Republic episode, Rory and Tony delve into Ireland's rental crisis, exploring the impact of government policies, the influence of corporate landlords, and the global financial factors shaping the market. They also discuss the broader implications of neoliberal capitalism, climate change, and the role of AI in society. Empathy and Inequality with Dr Sharon Lambert:https://www.patreon.com/tortoiseshack/posts/patron-exclusive-168594354 A Palestinian Child Prisoner's Story:https://www.patreon.com/tortoiseshack/posts/patron-exclusive-168488833

U.S. apartment rents rose for the seventh straight month in August as the national vacancy rate fell to 7.1%. Is the multifamily market finally stabilizing? Kathy Fettke breaks down the latest Apartment List data, where rents are rising and falling, and what slowing apartment construction could mean for real estate investors.  

Manhattan just set a new all-time record — median rent at $5,295 a month, average rent at $6,655, and a studio will cost you over $4,000. This happened under Mayor Zohran Mamdani, who ran on affordability and has spent his tenure freezing rents, threatening to seize landlord units, and doing everything possible to make it less attractive to build or hold rental property in New York City. Rental inventory dropped 22 percent year-over-year. Supply and demand don't care about campaign promises.Every policy move Mamdani makes that punishes landlords or discourages new construction tightens the pressure cooker on the tenants he claims to protect. Lenders are pulling back from multifamily financing. Landlords are abandoning the market. The people left holding the bag are the renters who believed the pitch — now competing over fewer units at record prices.Sean also draws the line to Seattle, where newly-elected socialist council member Katie Wilson ran the same affordability playbook. New York's rent data is the preview. The math doesn't change because the zip code does.Subscribe to @reasonablenews and hit the notification bell for daily coverage of the stories that actually matter.#NFRP #Manhattan #MamdaniGO PREMIUM WITH REASONABLE+ FOR UNCENSORED ACCESS

durée : 01:02:03 - Les Nuits de France Culture - par : Albane Penaranda - 1ère diffusion : 26/04/1983 - équipe : Mathias Le Gargasson, Antoine Dhulster, Rafik Zénine, Vincent Abouchar, Emily Vallat, Hassane M'Béchour, Laurence Jennepin, INA Vous aimez ce podcast ? Pour écouter tous les épisodes sans limite, rendez-vous sur Radio France

In this episode, Chris Wise shares insights into his real estate investment strategies, focusing on the social impact of affordable housing and the importance of building strong relationships with community organizations. Discover how his meticulous approach and data-driven decisions are shaping his success in the Midwest market.   Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Denver multifamily market values are down 20 to 30% from the peak, and cap rates in some submarkets have climbed into the 8s. For the first time in years, the spread between interest rates and cap rates is back, and cash flow no longer depends on a speculative rent growth story. Host Chris Lopez sits down with Connor Knutson, Vice President at Pinnacle Real Estate Advisors, who has closed $720 million in career transaction volume across the Denver multifamily market. Connor works primarily in the 20 to 100 unit private capital space, and he brings ground-level data on what’s actually trading, where values have reset, and which submarkets have held up through the correction. Where the pain is concentrated. North Aurora rents have corrected 35 to 40%. Golden Triangle new construction is giving 12 weeks of free rent, effectively 25% off asking. One brand new Class A asset there recently traded off-market for $30 million after previously selling for $63 million, or roughly $170,000 per door. Where the value is holding. Wheat Ridge, Golden, and pockets of Arvada have stayed resilient. Rents are steady, vacancy is low, and pricing has softened far less than the metro average. Why buyers are showing up now. Out-of-state 1031 money from Southern California and Wisconsin is landing in the Denver multifamily market at what these investors see as a 30% discount. Colorado owners scaling out of single-family into their first 5 to 10 unit building are also active. Meanwhile, longtime Denver owners in their 70s are exiting the state entirely, citing Colorado’s tenant-friendly legislative shift. In This Episode We Cover: Why the Denver multifamily market values are down 20 to 30% and where the correction has been sharpest The $63 million to $30 million Golden Triangle trade and what it signals for Class A pricing How insurance premiums doubled since 2019 and how some owners are now saving 50% by reshopping Why cap rates in the 8s and interest rates around 6.5% have restored positive leverage The 20 unit Lakewood deal that just closed at $100,000 per door What out-of-state buyers see in Colorado that local investors sometimes miss Why Yardi Matrix is calling for rent growth to return by the end of 2028 The Denver multifamily market has spent two years compressing, and Connor lays out exactly where the numbers now pencil for buyers with capital and patience. If you’re weighing a Denver multifamily entry or watching the cycle for the right moment, this conversation gives you the current pricing, the current terms, and the current sentiment from someone closing deals every month. Watch the Youtube Video https://youtu.be/_a37k7sifBw Timestamps 00:00 — Are we at the bottom of Denver multifamily? 01:22 — Connor’s background and path into commercial brokerage 08:26 — Career tips for young brokers 10:30 — Connor’s niche: Denver metro, 20 to 100 unit deals, $720M closed 12:40 — Oversupply, concessions, and the rate reset 15:06 — NOI compression across the market 15:49 — Insurance doubled since 2019, now softening 17:28— 2026 tax reassessments 19:03 — Aurora hit hardest, Golden Triangle rents off 25% 20:45 — $63M building sold for $30M 21:38 — Wheat Ridge, Golden, and Arvada holding value 22:13 — Who’s buying now 25:10 — Why local investors are sitting on cash 28:16— Syndicator activity today 30:05 — Legislation pushing 70-year-old landlords out 33:14— Why coastal capital still sees Colorado as friendly 37:00— Where we are in the cycle 39:15— Foreclosures, lenders, and receivership 43:34— Cap rates in the 8s and positive leverage returns 46:00 — Lakewood 20-unit at $100K per door 48:11— How to reach Connor Links in Podcast Connor Knutson at Pinnacle Real Estate Advisors: cknutson@pinnaclerea.com Connor’s cell: 303-217-3601 Pinnacle Real Estate Advisors Yardi Matrix

In this episode, Aaron Strole, founder of Capital Asset Management, shares insights on managing a diverse commercial real estate portfolio, leveraging technology, and navigating market challenges. Discover strategies for tenant retention, operational efficiency, and future growth in the shifting real estate landscape.     Professional Real Estate Investors - How we can help you: Investor Fuel Mastermind:  Learn more about the Investor Fuel Mastermind, including 100% deal financing, massive discounts from vendors and sponsors you're already using, our world class community of over 150 members, and SO much more here: http://www.investorfuel.com/apply   Investor Machine Marketing Partnership:  Are you looking for consistent, high quality lead generation? Investor Machine is America's #1 lead generation service professional investors. Investor Machine provides true 'white glove' support to help you build the perfect marketing plan, then we'll execute it for you…talking and working together on an ongoing basis to help you hit YOUR goals! Learn more here: http://www.investormachine.com   Coaching with Mike Hambright:  Interested in 1 on 1 coaching with Mike Hambright? Mike coaches entrepreneurs looking to level up, build coaching or service based businesses (Mike runs multiple 7 and 8 figure a year businesses), building a coaching program and more. Learn more here: https://investorfuel.com/coachingwithmike   Attend a Vacation/Mastermind Retreat with Mike Hambright: Interested in joining a "mini-mastermind" with Mike and his private clients on an upcoming "Retreat", either at locations like Cabo San Lucas, Napa, Park City ski trip, Yellowstone, or even at Mike's East Texas "Big H Ranch"? Learn more here: http://www.investorfuel.com/retreat   Property Insurance: Join the largest and most investor friendly property insurance provider in 2 minutes. Free to join, and insure all your flips and rentals within minutes! There is NO easier insurance provider on the planet (turn insurance on or off in 1 minute without talking to anyone!), and there's no 15-30% agent mark up through this platform!  Register here: https://myinvestorinsurance.com/   New Real Estate Investors - How we can work together: Investor Fuel Club (Coaching and Deal Partner Community): Looking to kickstart your real estate investing career? Join our one of a kind Coaching Community, Investor Fuel Club, where you'll get trained by some of the best real estate investors in America, and partner with them on deals! You don't need $ for deals…we'll partner with you and hold your hand along the way! Learn More here: http://www.investorfuel.com/club   —--------------------

Houston delivered 6,400 apartment units in Q1 while Class B absorption came in at negative 750. Michael Bull, CCIM and developer Victor Menasce break down what that means for apartment investors and developers in 2026. Victor Menasce, Senior Partner at Y Street Capital, has developed and owned property through multiple recessions and cycles. He explains why the traditional Class B value-add playbook of adding washers and dryers and pushing rents $50 a month is running out of room, how Class A concessions are pulling renters up and out of older product, and why lease surfing stretches stabilization timelines even in brand new buildings. The conversation also covers entitlement risk and the case for building by right, how opposition groups now organize on social media within weeks and use AI to research objections, the Austin multifamily oversupply and how long that absorption may take, and where the supply and demand mismatch actually sits today. Victor also makes the case for active adult housing as an underbuilt segment between market rate apartments and independent living, with resident tenure averaging around nine years. Plus construction cost trends, factory built delivery, and an insurance renewal that went from $58,000 to a $350,000 quote in a single year. In this episode: 00:00  Development Through CRE Cycles With Victor Menasce 01:28  Your Investment Thesis Ages Before the Project Delivers 02:13  Three Legs of the Stool: Capital Cost, Rents, Construction 02:47  Entitlement Risk and the Case for Building By Right 04:22  Local Counsel, Relationships, and Approval Timelines 05:04  Organized Opposition: Social Media Groups and AI Research 07:00  New Supply: Austin Oversupply and Rent Concessions 08:34  Lease Surfing and When Apartments Become a Commodity 11:19  Active Adult: The Gap Below Independent Living 12:11  Office Conversions and Mixed Use Done Right 13:35  Active Adult Demographics: 70% Singles, 9 Year Tenure 15:00  Construction Costs 2026: Labor, Trades, Supply Chain 16:03  Factory Built Delivery and Hambro Joist Time Savings 16:52  Insurance Shock: $58K Premium to a $350K Renewal Quote 18:40  Houston Q1 Data: Class B Squeezed From Above and Below 20:16  Closing Thoughts and Sponsors Connect with Victor Menasce: https://www.linkedin.com/in/vmenasce/ Y Street Capital Website: https://ystreetcapital.com Connect with Michael Bull & The Show: Michael Bull, CCIM Bull Realty, Inc https://www.linkedin.com/in/michaelbull/ For more commercial real estate market data, sector forecasts, and video episodes, visit CREshow.com. America's Commercial Real Estate Show is brought to you by our proud sponsors. TCN Worldwide: Commercial real estate property management, leasing, and sales solutions across the US and globally. Learn more: https://www.tcnworldwide.com Build Out: The ultimate product suite for commercial real estate brokerage firms looking to streamline their business. Learn more: https://www.buildout.com Bull Realty: Regional commercial real estate brokerage services headquartered in Atlanta, delivering market intel and strategies. Learn more: https://www.bullrealty.com Commercial Agent Success Strategies: Twenty-one cloud accessed commercial broker training videos with slide deck action notes. Learn more at https://www.commercialagentsuccess.com/ #CommercialRealEstate #Multifamily #ApartmentInvesting #RealEstateDevelopment #ValueAdd #ActiveAdult #HousingSupply #ConstructionCosts #RealEstateInvesting #CRE #Houston #CREshow

Cities in Bad Shape: Urban Geometry in India (Nina Harari) Mariaflavia (Nina) Harari, Associate Professor of Real Estate and Leonard J. Horwitz Faculty Scholar at The Wharton School of the University of Pennsylvania, is the author of Cities in Bad Shape: Urban Geometry in India. Appendices: Nina Harari: Spatial Spillovers from High-Rise Developments: Evidence from the Mumbai Mills by Michael Gechter and Nick Tsivanidis. Greg Shill: The Housing Strategy That Has California NIMBYs in a Corner by Conor Dougherty. Jeff Lin: The Impact of City Shape on Economic Growth by Econimate. Additionally, the Jennifer Roback paper discussed is Wages, Rents, and the Quality of Life. Follow us on the web or on Bluesky (Greg Shill, Jeff Lin). Producer: Nathan Spindler-Krage The views expressed on the show are those of the participants, and do not necessarily represent the views of the Federal Reserve Bank of Philadelphia, the Federal Reserve System, or any of the other institutions with which the hosts or guests are affiliated.

Jefferies Chief Market Strategist David Zervos joins to discuss the bond market moves this week. Then, Wellington Management's Matt Witheiler shares where he sees opportunity in the AI space right now. Plus, we discuss what's driving the surge in Manhattan rents this year. Squawk on the Street Disclaimer Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Welcome back to the APS News Bulletin, your source for the latest updates and insights from the Australian property market. Join Sammy Gordon, as he breaks down this week's most pressing updates and announcements to keep you informed and on top of news.  If you loved this episode please send it on to someone who would take some value, and please give us a 5 star review if you haven't yet and are loving the poddy! If you're taking tremendous value from these episodes why not share them with your mate? If you want your question answered on our podcast DM us on our socials or email us at apsteam@australianpropertyscout.com.au Send us your questions to: Instagram: @australianpropertyscout Want to book a call with us:Website:  Any information, comments, opinions or content that we provide in this podcast is our general observations and information only and it is not to be taken as, or in any way, considered to be financial advice, accounting advice, superannuation advice or legal advice. We strongly recommend all and any listener and participant to obtain their own independent financial advice, accounting advice, superannuation advice and legal advice before acting in any way in relation to any investment at all including any investment in property such as what we might be discussing in this podcast. No warranty, guarantee or representation is to be taken and you cannot reproduce it in any way. Every persons financial or investment situation is different and you must consider your own circumstances before undertaking any investment and be sure to obtain independent advice. Australian Property Scout Pty Ltd | License Number: 10094798 | ABN: 64 638 266 369

Jenny Lenz discusses the growing divide in the housing market as wealthy buyers benefit from record stock market gains while affordability remains a challenge for many Americans. She highlights Berkshire Hathaway's (BRK/B) investments in homebuilders including Taylor Morrison and Lennar (LEN), and explains why rental prices continue to climb. Lenz also examines the obstacles facing first-time homebuyers in today's market.======== Schwab Network ========Empowering every investor and trader, every market day.Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribeDownload the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watchWatch on Vizio - https://www.vizio.com/en/watchfreeplus-exploreWatch on DistroTV - https://www.distro.tv/live/schwab-network/Follow us on X – https://twitter.com/schwabnetworkFollow us on Facebook – https://www.facebook.com/schwabnetworkFollow us on LinkedIn - https://www.linkedin.com/company/schwab-network/About Schwab Network - https://schwabnetwork.com/about

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Property Council of Australia chief executive Mike Zorbas joined Ross Stevenson and Russel Howcroft about a report by NAB projecting rents to soar by as much as 30 per cent over the next two years to compensate many landlords for the loss of property tax concessions.See omnystudio.com/listener for privacy information.

Les dangers inhérents aux jeux de hasardÉmission live du vendredi 14 août 2026Avec @ParionsSurLaPrevention sur Instagram : pour aide et conseils____________________________________________

National rent prices are down year-over-year, but that's not telling the whole story. Different properties in different markets are seeing an opposite reality. Some markets are seeing 3%-5% rent increases, while others are seeing that flipped negative. There are definitive reasons why some markets are growing while others are slowing and outright declining. Today, Dave is going to show you how to forecast rents in your own market, no matter where you invest. We're getting into all the latest data: single-family vs. multifamily rents, real estate markets seeing the most (and least) growth, what happens when renters can't pay more than they're at, and the factors giving real estate investors the biggest tailwinds.  We could have a year (or longer) without rent growth for certain asset classes and markets, but what happens when the supply is finally absorbed and the deficit returns? Dave is going to show you how and where to get this data so you can be prepared for what's about to come, and hopefully not sell a deal that could be struggling now but seriously performing in a few years. In This Episode We Cover Dave's 2026-2027 rent forecast and where rents could grow or continue declining The two factors that will decide rent prices more than anything else in the market How to forecast rent growth in your own market using public data Markets Dave would bet on for future rent growth (and affordability for renters) Single-family vs. multifamily rents and the stark difference between these two asset classes And So Much More! Links from the Show Join the Future of Real Estate Investing with Fundrise Join BiggerPockets for FREE Join us at the BiggerPockets Conference October 2-4 in Orlando. Buy tickets Sign Up for the Investor Brief Newsletter Property Manager Finder Rent Prices Are Down Nationwide—Here's How Investors Can Protect Their Cash Flow in a “Renter-Friendly” Era Dave's BiggerPockets Profile Latest Apartment List National Rent Report CoreLogic National Rent Growth Report Grab Dave's Book, Real Estate by the Numbers Check out more resources from this show on ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠BiggerPockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and https://www.biggerpockets.com/blog/on-the-market-451. Interested in learning more about today's sponsors or becoming a BiggerPockets partner yourself? Email ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠advertise@biggerpockets.com⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Learn more about your ad choices. Visit megaphone.fm/adchoices

Retailers want to grow. The question is what they'll pay for the right space.Retailers want more stores. Vacancy remains historically low. And meaningful new retail development is still years away.So what does that mean for the next five years of retail real estate? What are the forces today that are driving the future?At the center of the August What's in Store conversation between CBRE's Karly Iacono and Chris Ressa is a fundamental supply and demand imbalance. Retailers continue to look for opportunities to grow, but the economics of large-scale new development remain challenging. Construction costs, land availability, interest rates and exit values all factor into the equation.But there is one lever that ultimately has to move to make more projects pencil: rent.And that shift is already underway.The question is how far it can go, and what happens along the way.Karly and Chris dig into what rising net effective rents and limited new supply could mean for existing retail real estate, and whether retailers have more room to pay for the locations they really want. They also explore why the physical store has become more valuable to retailers, not just as a place to generate sales, but as a critical part of how brands reach and serve their customers.The changing market is influencing more than rents. Retailers are rethinking the traditional store prototype, using better data to make decisions about where to open, how big to go and which formats make sense in different markets. The result is a much more nuanced approach to expansion, from flagships and large-format stores to smaller concepts, outlets and pop-ups.And as competition for the right space increases, the way deals get done is evolving too. Lease negotiations are changing, retailers are planning their pipelines years in advance, and both sides are looking for ways to move from opportunity to open store faster.Where does all of this lead?The conditions shaping retail real estate today could define the market for years to come. What's changing now, what still needs to change, and what it could mean for the next five years.What You'll HearWhy rents need to rise before meaningful new retail development returnsHow low vacancy is making the right locations more valuableWhy retailers are getting more intentional about where and how they growHow better data is creating more conviction around store decisionsWhy physical stores matter more than the headlines suggestHow the landlord and tenant dynamic is shiftingChapters03:10 - When does new retail development come back?Chris explains why rent, not retailer demand, is the biggest hurdle standing between today's market and meaningful new shopping center construction.05:45 - The rent growth hiding in plain sightFace rents don't tell the whole story as TI packages, retailer investment and net effective rents reshape deal economics.08:36 - Does geography change the development equation?Land availability, Sun Belt growth, interest rates and construction costs determine where new projects have the best chance of penciling.11:12 - The physical store is more valuable than the headlines suggestChris argues that the market still underestimates what stores do for retailers and their relationship with consumers.12:03 - Retail's one-prototype era is overRetailers are using data to make smarter decisions about formats, distribution, clustering and market-specific store strategies.16:41 - What younger consumers reveal about physical retailKarly's New York retail tour with her kids shows how pop-ups, flagships and social media can work together to drive real-world shopping.21:09 - Lease negotiations are moving back toward balanceAfter years of tenant-friendly movement, landlords and retailers are becoming more pragmatic about non-monetary provisions and getting deals done.24:24 - Why the store-opening timeline still needs workRetailers are planning pipelines years in advance because leases, municipalities and multiple decision-makers make timelines difficult to compress.27:02 - The lease provision seeing the biggest shiftUse restrictions have become significantly more flexible as shopping center tenant mixes continue to evolve.29:28 - The local entrepreneur has changedMore founders are thinking about scale, franchising, private equity and monetization before they even open location number one.

Everyone's calling it a crash. Louis Christopher runs SQM Research, one of Australia's biggest property data houses, and he says that word is wrong. What we're in is the largest downturn in 10 to 15 years, but the one ingredient every genuine housing crash has ever needed is missing here. Louis breaks down where the market actually is, which cities are falling hardest, and which pockets are barely moving at all. We get into what the budget's tax changes are really doing to investor behaviour, why rents have stalled when everyone expected them to spike, and what he'd buy if he were putting money in today.   WHAT YOU'LL GET OUT OF IT The difference between a correction and a crash, and why a 10% property fall hurts more than a 10% sharemarket fall Why Australia isn't set up for a US or Ireland style collapse The city by city forecasts for the rest of the year What happened to rents after the negative gearing changes, and why the answer is more concerning than it looks Which markets are holding up, and the ones carrying the most risk right now How long this downturn runs, and what the long term growth rate looks like from here Whether the 6.8% long term average still holds   CHAPTERS 00:00  Intro 00:25  Where the property market actually is right now 02:24  Crash or correction, and why the difference matters 03:15  Why a 10% property fall hurts more than a 10% sharemarket fall 04:00  How APRA and the RBA really behave in a downturn 05:00  How long downturns last, and why this one is structural 06:30  What the budget tax changes did to the investor maths 08:45  The flow-on to the economy and state budgets 11:25  Rents went up $2 a week, and why that is the worrying part 13:00  Which suburbs are most exposed 16:18  Semi-rural and lifestyle property, and the risk nobody prices 18:09  Airbnb income and the wealth effect 19:00  The city by city forecasts 21:08  Adelaide and Perth 26:02  What actually drives values over the long term 28:37  How people are coping with record rents 30:17  Population growth and the 6.8% question 34:52  Where Louis put his own money Smarter money moves start here. Learn how to cut through the noise, avoid expensive mistakes, and get ahead faster. FREE 7-DAY MONEY CHALLENGES Pick one and see what changes in a week: https://pivotwealth.com.au/challenges/ WORK WITH US Book a no-strings call: https://www.pivotwealth.com.au/booking More about Pivot Wealth: https://www.pivotwealth.com.au BEN'S BOOKS Virgin Millionaire: https://amzn.to/3VFPPDM Replace Your Salary by Investing: https://amzn.to/3J9Ta8g Get Unstuck: https://amzn.to/3xo0MQG All books: https://www.pivotwealth.com.au/books FOLLOW Instagram: https://www.instagram.com/pivotben TikTok: https://www.tiktok.com/@bentalksmoney YouTube: https://www.youtube.com/c/BenNashPivot Facebook: https://www.facebook.com/pivotwealth/ DISCLAIMER This podcast is for education only and doesn't take into account your personal circumstances. It's not financial advice. If you buy a financial product, read the PDS and TMD, and seek advice tailored to your situation. Ben Nash and Pivot Wealth are authorised representatives of Fish Tacos Pty Ltd, ABN 14 649 248 082, AFSL 533055.

Amandine raconte un voyage en famille au Japon, seule avec ses trois enfants après le départ de son mari pour la France, dans le Shinkansen. Valise de trente kilos à hisser sans aucune aide, enfants séparés entre des passagers qui refusent de se décaler pour les regrouper. Écoutez ce récit pour découvrir comment son petit dernier de sept ans leur a rendu, sans le vouloir, une jolie revanche au moment du déjeuner.-----------Si l'épisode vous a plu, laissez-moi une note 5 ⭐️ou un commentaire sur Apple Podcasts ou Spotify

Richard McGirr is the co-founder of Property Llama and Property Llama Capital, an income focused fund of funds sponsor that helps accredited investors turn underperforming real estate equity into passively managed, cash flowing investments. He also hosts Unlimited Capital on the Best Ever CRE network, where he covers capital raising, fund operations, and the business of building investment platforms. A lifelong entrepreneur, Richard started his first company in college and later spent eight years in China building a software engineering services firm to more than 85 employees. Wanting assets that worked for him instead of headcount, he moved into single family rentals and eventually partnered with Chris Lopez to launch Property Llama. Today his firm invests exclusively in debt funds, using a fund of funds structure to convert idle equity into contractual monthly income. Richard McGirr joins John to explain why so many long-term single family landlords are sitting on millions in equity while earning almost nothing in cash flow. Using data from roughly 6,000 rentals inside the Property Llama platform, where the average return is negative 1% cash on cash, Richard breaks down how a decade of appreciation and debt paydown quietly eroded return on equity. From there, the conversation turns to debt funds. Richard explains how hard money lending to flippers works, why six month loan terms and LTV cushions change the risk profile, and where the real danger sits. He also walks through the fund of funds structure behind Property Llama Capital, the fee discount he negotiated by committing scale, and the operational audit he runs on any lender before placing a dollar with them.     Make sure to download our free guide, 7 Questions Every Passive Investor Should Ask, here.     Key Takeaways  Re-underwrite your rentals at today's values, not your purchase price  Track return on equity, not just cash flow, as debt gets paid down  Debt funds pay contractual cash flow from day one, backed by an LTV cushion  Shorter loan terms shrink the window for things to go wrong  Fraud, not default, is the risk that wipes out lenders  Diversify across a loan pool instead of funding one deal at a time     Topics From Software Founder to Real Estate Investor  Built a software engineering services firm in China to over 85 employees  Left a headcount driven business in search of cash flowing assets  Partnered with Chris Lopez by adding value to an already established operator Why the Average Single Family Rental Returns Negative 1%  Roughly 6,000 rentals in the Property Llama system average negative 1% cash on cash  Rents are flat or falling while insurance, vacancy, and CapEx climb  Richard's own Colorado Springs rent fell about 30% after a supply wave The Return on Equity Problem  The education industry teaches investors how to buy, not how to reassess what they own  A property bought at a 7 cap can become a 3.5 cap when values outpace rents  80% LTV becomes 20% LTV, and returns slide from the high teens into single digits The Equity Rich, Income Poor Landlord  Typical client holds 3 to 8 rentals with several million in equity near retirement  Most target $10,000 to $20,000 a month and sit closer to $3,000  Cash out refinances no longer close the gap at current rates Debt Funds 101  A pool of performing loans secured by title on real property  Hard money lenders fund flippers who need high LTV and five day closings  Fully loaded returns run 15% to 18% including origination Why Hard Money Risk Is Structurally Lower  Six month terms limit what can go wrong versus a ten year horizon  A 25% LTV cushion rarely erodes inside six months  Single family homes are the easiest real estate asset to liquidate Fund Investing vs. Lending on Your Own  Private lending demands underwriting, fast closings, draw management, and workouts  A single Denver flip loan can require $1.3 million of capital  $100,000 into a fund buys a slice of 50 loans instead of one Lending Is a Real Operating Business  Lenders run origination, marketing, servicing, and accounting departments  On a 50 loan book, roughly 8% pays off every month and must be replaced  Richard's largest lender partner employs 40 people Building the Fund of Funds Model  Property Llama Capital launched asset light and headcount light by design  Raising capital for another sponsor's deal without a license is a serious violation  Committing $5 million earned a 30% fee discount, split evenly with LPs How Richard Audits a Lender  Request written credit box, servicing, and draw processes  Sample 20% of the loan tape and match a document to every step  Verify title at the county and confirm payoff wires in the bank account    

The national multifamily picture strengthened broadly in the week of August 2, with rents and leasing both picking up as occupancy held above last year. As of August 2, the average U.S. occupancy rate was 94.86%, up 4 basis points on the week and up 16 basis points from a year ago. That's a third straight week above last year. Leased percentage was 96.89%, up 11 basis points on the week and down 70 basis points from a year ago. The leased percentage is holding its weekly gain, even as the year-over-year gap remains.Leasing activity gained momentum, with an average of 2.3 leases signed per property this week, up 0.2 from the prior week and the strongest pace we've seen in this stretch. That said, it's still 0.7 leases per week below where things stood a year ago. The recent uptick in new leasing, following weeks of flat volume, is an encouraging signal, it suggests demand is contributing to the recent firming, rather than the improvement being driven by retention alone.Net effective rent picked back up. NER rose 0.4% on the week to $1,766, and annual NER growth for new leases improved to negative 1.4%, up from negative 1.9% the prior week. After a flat stretch, rents are once again narrowing the annual gap, that's the piece that had been lagging. The national picture remains uneven, with several coastal markets posting solid positive annual growth while much of the Sun Belt is still working through negative territory. RevPAU came in at $1,675, up 0.5% on the week, with the annual comparison improving to negative 1.3% from negative 1.6% the prior week. Revenue is advancing this week, with occupancy, rents, and leasing volume all pointing the same direction. For operators, this was a broadly positive week-over-week read, with all five metrics moving the right way as we open August, even as a couple of them still work through year-over-year gaps.Explore our webpage for more insights and resources:https://bit.ly/Radix_Website

US office vacancy sits at 13.8% while rents rise and inventory actually shrinks. CoStar's Phil Mobley breaks down the two-tier office market at mid-2026.  Phil Mobley, National Director of Office Analytics at CoStar Group, joins Michael Bull, CCIM to explain why the office headlines and the office market have stopped matching. National vacancy peaked at 14.1% a year ago and now sits near 13.8%, with four consecutive quarters of positive absorption totaling roughly 20 million square feet. For perspective, that full year of demand would have been one decent quarter in 2018.  The supply side is where this cycle breaks from history. New construction starts are running about 5 million square feet per quarter, a generational low, and for the past two quarters CoStar's data shows outright supply contraction: more office space is being demolished or converted than delivered, which has never happened before.  Mobley also corrects the most common misconception about the office recovery. It is not simply Class A winning and Class B losing. Trophy assets, the top 5% of inventory, are performing strongly, and solid B and B-minus buildings serving price-sensitive tenants held up better than most people assume. The real occupancy damage landed on A-minus and B-plus product caught in the middle: not distinctive enough to compete with trophy space, too expensive to compete on price. Also covered: why AI has been an unambiguous demand tailwind so far and the venture-capital risk hiding inside it, why return-to-office gains raise foot traffic without raising space needs, how New York and Dallas preview where the rest of the country is heading, why lease sizes have run 15% below pre-pandemic levels for nearly three years, and the capital markets shift as institutions climb back from 10% to 15% of office deal volume to around 20%, buying buildings to keep them as office. Plus the point every landlord should sit with: the total vacancy number is not the relevant number. Competitive vacancy is, and a landlord without capital to fund tenant improvements does not really have leasable space. In this episode: 00:00 Is Office the Buy of the Decade? 01:19 The US Office Market: Smaller, but Recovering 02:22 Vacancy at 13.8% and Four Quarters of Positive Absorption 04:30 New Supply: Generationally Low and Now Contracting 06:02 Trophy vs. A-Minus: Where Occupancy Actually Collapsed 10:34 AI and Office Demand: A Tailwind With an Asterisk 14:13 Return to Office: Foot Traffic vs. Space Demand 16:40 Why New York Led, and How the Country Became Dallas 21:12 How Much Vacant Space Is Actually Leasable? 23:02 Tenant Improvement Capital and the Rise of Spec Suites 25:29 Lease Sizes Down 15% From Pre-Pandemic 27:01 Office Investment Sales: Institutions Are Buying Again 30:33 User Buyers, Two World Trade, and Occupier-Driven Construction 32:48 Forecast: Vacancy, Rents, and the Next 6 to 12 Months 34:36 Capital Is King: Corporations Building Their Own Space   Connect with Phil Mobley: https://www.linkedin.com/in/phil-mobley/ CoStar Group Website: https://www.costar.com   Connect with Michael Bull & The Show: Michael Bull, CCIM Bull Realty, Inc https://www.linkedin.com/in/michaelbull/ For more commercial real estate market data, sector forecasts, and video episodes, visit CREshow.com.   America's Commercial Real Estate Show is brought to you by our proud sponsors. TCN Worldwide: Commercial real estate property management, leasing, and sales solutions across the US and globally. Learn more: https://www.tcnworldwide.com Build Out: The ultimate product suite for commercial real estate brokerage firms looking to streamline their business. Learn more: https://www.buildout.com Bull Realty: Regional commercial real estate brokerage services headquartered in Atlanta, delivering market intel and strategies. Learn more: https://www.bullrealty.com Commercial Agent Success Strategies: Twenty-one cloud accessed commercial broker training videos with slide deck action notes. Learn more at https://www.commercialagentsuccess.com/ #CRE #CommercialRealEstate #OfficeMarket #OfficeSpace #RealEstateInvesting #CREForecast #OfficeVacancy #CoStar #TenantRepresentation #BullRealty

Apartment rent growth may return sooner than many expect.In this video, Rob Beardsley and Craig McGrouther discuss why new apartment deliveries are projected to fall sharply, why interest and construction costs are simply too high for many new developments to pencil out, and why a decline in new supply could lead to a strong rebound in rents over the coming years.Learn more about LSCRE at www.lscre.com

The national multifamily picture held its ground in the week of July 26, with occupancy staying above last year for a second straight week. As of July 26, the average U.S. occupancy rate was 94.82 percent, essentially flat on the week and up 29 basis points from a year ago. The leased percentage was 96.77 percent, up 3 basis points on the week and down 62 basis points from last year. Last week's step up in occupancy held, an encouraging sign that the gain was more than a temporary blip.Leasing velocity firmed a bit. The average number of leases signed was 2.1 per property, up 0.1 from the prior week and down 0.7 per week compared to a year ago. That annual gap narrowed from 0.9 the prior week, so demand picked up modestly even as occupancy stayed firm, a healthier mix than the week before, when occupancy climbed on retention alone.Net effective rent firmed slightly. NER rose 0.2 percent on the week to $1,762, though annual NER growth for new leases held at negative 1.9 percent. Rents are stable week to week but have not yet resumed narrowing the annual gap, which leaves pricing as the soft spot. The range across the country stayed wide, with several coastal markets posting solid positive annual growth while much of the Sun Belt is still working through negative territory.RevPAU, which combines the change in rents and occupancy, was $1,671, up 0.2 percent on the week, with the annual comparison at negative 1.6 percent, roughly steady with the prior week. Revenue per available unit is holding up on the strength of occupancy and firmer rents together. For operators, the read this week is steady: the occupancy step up held, leasing improved, and pricing remains the one area still waiting to turn.Explore our webpage for more insights and resources:https://bit.ly/Radix_Website

Zoran Mamdani ran on affordability. Then Manhattan and Brooklyn posted the highest rents ever recorded. Critics are pointing at two policies: a rent freeze on a million units, and New York City's sanctuary status — which invited hundreds of thousands of new residents who all needed somewhere to live.The economics are not a mystery. Freeze rents on existing stock and developers stop building, landlords stop maintaining, and supply collapses while demand climbs. Pair that with a city that told the world to come on in, and you get exactly what New York got — record rents delivered by the man who promised to end them.Sean also pulls the thread to Seattle, where Katie Wilson is running the identical playbook: same party, same promises, same policies, same predictable result. Meanwhile Texas and Florida are building their way out of the crisis while blue cities regulate and freeze and act surprised when nobody can afford a studio apartment.CHAPTERS0:00 Mamdani ripped over record-high NYC…1:30 NYC Rents Soar Despite Mamdani's…2:38 Why Government Cannot Make Builders…4:05 Florida and Texas Carry U.S. Housing…5:03 NYC Rent Freeze on One Million Units6:12 Manhattan and Brooklyn Rents Hit…7:39 New York's Foreign-Born Renters and…9:01 Sanctuary Cities Worsen the Housing…10:13 Dallas Fed Links Immigration to Rising…12:12 Brandon Gill on Immigrants and Housing…13:24 Abbott's Migrant Buses Overwhelm Blue…14:41 Mark Levine's Housing Solutions Fall…16:52 Texas and Florida Oversupply Drives…18:46 Mamdani's Housing Promises vs Wilson's…20:18 Mamdani Celebrates Rent Freeze as…23:56 Rent Freezes Kill Incentives to BuildSubscribe to @reasonablenews and hit the notification bell for daily commentary on the stories the mainstream press buries.#NFRP #Mamdani #NYCGO PREMIUM WITH REASONABLE+ FOR UNCENSORED ACCESS

Berkshire Hathaway has agreed to acquire Taylor Morrison, one of the nation's largest public homebuilders, in a deal valued around $8.5 billion including debt. The interesting part is the timing: homebuilder sentiment, new home sales, affordability, and buyer confidence are still challenged, but Fannie May has recently released a slow-and-steady housing recovery forecast.  We'll dive into why Berkshire is making this bet now, and what Fannie sees in our latest edition of Not Your Average Insights!This is where JWB Co-founder, Gregg Cohen, and show host, Pablo Gonzalez, pick recent news stories and add the perspective real estate investors aren't getting from the media.This week they'll talk about:- Does Berkshire think we're at the bottom of the market?- Why Berkshire is paying a premium price to get into the housing market under these economic conditions?- What happens if Fannie May is right (or wrong)?- and more!Come be a part of the conversation, and help us dig into the non-obvious insights that investors can use to make smart decisions.Listen NOW!Chapters:00:00 Headlines And Housing Bottom01:29 Show Welcome And Banter02:04 3.99% Mortgage Program04:29 Berkshire's $8.5B Housing Bet05:25 Why Buffett Buys Builders13:34 Global Builder Consolidation16:05 Fannie Mae Market Forecast18:53 Jacksonville Data Deep Dive24:29 Investor Mindset And Q&A29:12 Policy Hopes vs Reality29:47 Build to Rent Impact30:43 Builders and Cycles32:32 JWB Recession Playbook37:16 Deep Pockets Advantage39:40 Rents for Retirement40:12 Real Estate Cycle Myth42:23 Home Prices Rarely Fall45:45 Rates vs High Floor47:07 Deferred Maintenance Rules49:56 3.99 Rate and Lenders51:24 Stop Waiting to Buy53:00 Community and Next WeekStay connected to us! Join our real estate investor community LIVE: https://jwbrealestatecapital.com/nyai/Schedule a Turnkey strategy call: https://jwbrealestatecapital.com/turnkey/ *Get social with us:*Subscribe to our channel  @notyouraverageinvestor  Subscribe to  @JWBRealEstateCompanies  

Jay and Tana are the managing partners of Neighborhood Capital Resources (NCR) and joined Rod's Warrior Group in January 2020. With decades of combined experience in residential lending and real estate investing, they have built a multifamily portfolio of more than 300 units, completing multiple acquisitions alongside fellow Warriors, including a $7.8 million, 124-unit apartment community. Together, they specialize in sourcing, acquiring, and asset managing value-add multifamily investments while providing quality affordable housing and strong returns for investors.    Here's some of the topics we covered:   From Mortgage Lending to 300 Plus Units Why They Chose Multifamily and Joined Rod's Warrior Program Landing Their First 72 Unit Off Market Deal Through Relationships Buying a 124 Unit Apartment Complex Below Market Value The Renovation Strategy They Changed After Seeing Instant Rent Growth Asset Management Secrets and the Metrics Every Investor Should Track How Community, Partnerships, and Underwriting Fueled Their Success   If you'd like to apply to the warrior program and do deals with other rockstars in this business: Text crush to 72345 and we'll be speaking soon.   For more about Rod and his real estate investing journey go to www.rodkhleif.com  

The national multifamily picture took a clear step up in the week of July 19, led by a notable jump in occupancy. As of July 19, the average U.S. occupancy rate was 94.85 percent, up 49 basis points from the prior week and now 39 basis points above a year ago. That is the first time occupancy has run ahead of last year in months. The leased percentage was 96.74 percent, up 29 basis points on the week and 61 basis points below last year. The improvement was across the board, with gains in essentially every tracked market in the week.For leasing velocity, results were soft this week. The average number of leases signed was 2.0 per property, flat from the prior week and 0.9 below a year ago, a gap that widened from 0.6 the prior week. With occupancy climbing even as new lease volume held flat and trailed last year, the gain looks more like stronger retention than a wave of new leasing.Net effective rent gave back a little. NER eased 0.1 percent on the week to $1,758, and annual NER growth for new leases slipped to negative 1.9 percent, after narrowing to negative 1.5 percent the prior week. Pricing softened even as occupancy firmed, a reminder that the two do not always move together. The range across the country stayed wide, with several coastal markets posting positive annual growth while much of the Sun Belt continues to work through negative territory.RevPAU was $1,667, up 0.4 percent on the week, with the annual comparison improving to negative 1.5 percent from negative 1.7 percent the prior week. The occupancy gain offset softer rents, and revenue per available unit came out ahead. For operators, the read this week is that occupancy strength is doing the heavy lifting on revenue right now, while pricing power stays limited.Explore our webpage for more insights and resources:https://bit.ly/Radix_Website

ICE agents left a man handcuffed at Harry Reid International Airport after walking away from an attempted arrest, and the incident went viral. It's also prompting new scrutiny of Gov. Lombardo's claim at a closed-door event that his personal relationship with Trump is the only thing keeping ICE off the Las Vegas Strip. Then, Nevada still doesn't have a permanently confirmed federal prosecutor, and the delay appears anything but accidental. Finally, Las Vegas rents have risen nearly 20 percent faster than Los Angeles since 2019, while that's shocking, it may not tell the whole story. Host Jesse Merrick breaks it all down with "Keep It Local" writer Melinda Sheckells and criminal defense attorney Dayvid Figler. We're doing our annual survey to learn more about our listeners. We'd be grateful if you took the survey at citycast.fm/survey—it's only 7 minutes long. You'll be doing us a big favor. Plus, anyone who takes the survey will be eligible to win a $250 Visa gift card–and City Cast City swag. Learn more about the sponsors of this Tuesday, July 21st episode: Neon Museum Foundation for Women's Leadership & Empowerment Touching Hearts Want to get in touch? Follow us @CityCastVegas on Instagram, or email us at lasvegas@citycast.fm. You can also call or text us at 702-514-0719. For more Las Vegas news, make sure to sign up for our morning newsletter. Learn more about becoming a City Cast Las Vegas Neighbor at membership.citycast.fm. Looking to advertise on City Cast Las Vegas? Check out our options for podcast and newsletter ads at citycast.fm/advertise.

This week on Cash Chats, host Steve Alderton and Editor of BeCleverWithYourCash.com James Andrews are talking about the cost of renting hitting an all time high. But could something that happened 30 years ago really be the root cause? Find out in this weeks episode of Cash Chats. This weeks episode is sponsered by Charles Stanley & Wealthify For links and further reading head to becleverwithyourcash.com/cashchats ABOUT CASH CHATS Cash Chats is the award-winning podcast brought to you by the team of money geeks at Be Clever With Your Cash, sharing the latest updates from the world of personal finance and helping you to navigate the everyday money challenges we all face. Show notes can be found at becleverwithyourcash.com/podcast. BE CLEVER WITH YOUR CASH ON SOCIAL twitter.com/BeCleverCash instagram.com/becleverwithyourcash   youtube.com/@becleverwithyourcash   GET OUR WEEKLY NEWSLETTER You'll also get a free Quidco bonus for signing up https://becleverwithyourcash.com/newsletter/ MUSIC The music is Easter Island by Lonely Punk and provided on a creative commons licence 

Could a slowdown in construction actually be good news for apartment investors? In this episode of Real Estate News for Investors, Kathy Fettke explains why falling housing starts could help reduce oversupply, strengthen rent growth, and improve the outlook for multifamily owners through 2027. Plus, what today's cautious homebuilders, rising wages, and interest rates could mean for your next investment decision.   Want to learn more about real estate investing? Visit www.NewsforInvestors.com   Source: https://www.credaily.com/briefs/us-housing-starts-slow-giving-apartments-room-to-recover/

The national multifamily picture kept improving in the week of July 12, with occupancy firming to its best annual comparison in recent weeks. As of July 12, the average U.S. occupancy rate was 94.37%, up 9 basis points from the prior week and down just 17 basis points from a year ago, the narrowest annual occupancy gap in the recent stretch. The leased percentage was 96.45%, up 8 basis points on the week and down 78 basis points from last year. Leasing velocity held steady. The average number of leases signed was 2.1 per property last week, flat from the prior week, and down 0.6 per week compared to a year ago. The annual gap was essentially unchanged from the prior week, so demand is holding its ground against last year rather than gaining, even as occupancy continues to firm.Net effective rent edged higher. NER rose 0.1% on the week to $1,760, and annual NER growth for new leases improved to negative 1.5%, up from negative 1.6% the prior week. Rents are grinding back toward last year's level, with the annual gap narrowing for a second straight week. The range across the country remains wide, with several coastal markets posting solid positive annual growth while much of the Sun Belt is still working through negative territory.RevPAU was $1,661, up 0.2% on the week, with the annual comparison improving to negative 1.7% from negative 1.9% the prior week. With occupancy firming and rents edging up together, revenue per available unit is making steady progress against last year. For operators, the read this week is constructive: the improvement that resumed after the July 4 holiday is holding, and the year over year comparisons keep tightening as we move through July.Explore our webpage for more insights and resources:https://bit.ly/Radix_Website

The national multifamily picture held steady in the week of July 5, with the gap to last year continuing to close on most metrics. For much of the spring, the annual comparisons had been improving week by week as this year's numbers caught up to last year's. That progress stalled briefly the week prior, then resumed this week. As of July 5, the average U.S. occupancy rate was 94.28 percent, up 5 basis points from the prior week and down 25 basis points from a year ago. The leased percentage was 96.36 percent, up 8 basis points on the week and down 81 basis points from last year. Occupancy is strengthening, and both annual gaps closed slightly versus the prior week.Leasing velocity held its ground through the holiday week. The average number of leases signed was 2.1 per property, roughly steady on the week and 0.5 below a year ago. That annual gap narrowed from 0.7 the prior week, so demand kept closing the distance to last year even across the July 4 stretch, when activity typically softens.Net effective rent was flat at the national level, holding at $1,756 on the week, while annual NER growth for new leases improved to negative 1.6%, up from negative 2.0% the prior week. Rents are steady, and the annual gap resumed narrowing after widening last week. The range across the country remains wide, with several coastal markets posting positive annual growth while much of the Sun Belt is still working through negative territory.RevPAU, was $1,656, up 0.1% on the week, with the annual comparison improving to negative 1.9% from negative 2.3% the prior week. Revenue per available unit is closing its annual gap right alongside rents. For operators, the read this week is steady and constructive: occupancy is firming, leasing held through the holiday, and the year over year comparisons are tightening again as we head into July.Explore our webpage for more insights and resources:https://bit.ly/Radix_Website

As seen on Gutfeld! Greg talks about how according to the White House, rents are dropping in cities ravaged by open borders Learn more about your ad choices. Visit podcastchoices.com/adchoices

On this episode: Lucy Lopez, Elizabeth Newcamp, and Zak Rosen are talking about transitions. The summer time not only means fun in the sun, it also means lots of changes - from kids going to summer camp for the first time to kids starting to get ready for college. The ‘Rents unpack how they're coping and helping their kids work through these times. Later in the episode, show producer Cheyna Roth joins to talk about her recent transition from mom of one to parent of two. Don't forget to subscribe to Best Mom Friends Forever! Podcast production by Cheyna Roth and Rosemary Belson.Follow us on YouTube! Join us on Facebook and email us at careandfeedingpod@slate.com to ask us new questions, tell us what you thought of today's show, and give us ideas about what we should talk about in future episodes. You can also call our phone line: (646) 357-9318.If you enjoy this show, please consider signing up for Slate Plus. Slate Plus members get to hang out with us on the Plus Playground every week for a whole additional grab-bag of content — and you'll get an ad-free experience across the network. And you'll also be supporting the work we do here on Care and Feeding. Sign up now at slate.com/careplus – or try it out on Apple Podcasts.Need to set up your Slate Plus feed? If you subscribed through Slate.com, check out our FAQ at slate.com/podcastfaqs for easy instructions. Members subscribed via Apple Podcasts get automatic access—no setup required. Hosted on Acast. See acast.com/privacy for more information.

Mens Room Question: What story or situation best explains just how broke you were at the time?