The Real Estate Espresso Podcast

On today's show we are talking about bonus depreciation. This is a powerful tool to save on your taxes if you are properly structured.

To learn more about the projects at Y Street Capital visit

On today’s show we are doing a comparison of our newly launched AI tool. This tool, lovingly called VictorAI is a knowledge base constructed from the Real Estate Espresso Podcast and my book Magnetic Capital. 

When it comes to AI there are two aspects, there is the training and then what is called inference or what would be the result of a query. 

If you are searching in a generic search engine like ChatGPT or Gemini or Perplexity you are going to get a more generic answer. 

This is a little like going to a general family medicine doctor versus going to a specialist. The specialist is almost always going to give you a more specific and more insightful answer than the generalist. 

The same can be said for AI tools. There are generalists and there are specialists. When we created our own knowledge base, we trained our own specialist. 

So on today’s show we are going to put VictorAI to the test and compare it against three generic AI tools. The question is a simple one. Last week I published a show on the impact of condo reserve rules in Florida on the market. 

So on today’s show I’m asking the same question to all of the AI tools.

"How did the Florida condo reserve study rules impact the market?"

I deliberately worded the question in a slightly awkward way to see if it could figure out what I was asking. 

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This book names people who I knew or knew of in Silicon Valley. It is a reaction to the author's time at Kleiner Perkins Caulfield and Byers. He was part of the team that financed Google and co-founded Drugstore.com during the dot-com frenzy. He was actively involved with Jeff Bezos at Amazon. The prevailing wisdom was simple: raise as much capital as possible, scale at breakneck speed, and worry about profitability later. 

At the heart of the book is the Evergreen model, a philosophy of building companies that last “and last and last.” Whorton outlines the Evergreen 7Ps® framework, which includes:

• Purpose: A mission beyond personal wealth creation.

• Perseverance: Commitment to long-term endurance.

• People First: Prioritizing employees, customers, and communities.

• Profitability: Growth funded through cash flow, not endless rounds of dilution.

• Private: Freedom from public market pressures.

• Pacience: A deliberate pace, resisting the frenzy of blitzscaling.

• Philosophy: A values-driven approach to leadership

Reject the false binary. You don’t have to choose between hypergrowth or irrelevance. Many founders feel pressured to pursue VC funding even when their business fundamentals don’t align. Evergreen offers a viable third path.

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Rod Khleif is a repeat guest on the show. He's based in Sarasota Florida. On today's show we are talking about his first Assisted Living investment in Pittsburgh. Rod is also the host of the Lifetime Cashflow through Real Estate Investing podcast.