The Real Estate Espresso Podcast

Victor Menasce

Welcome to The Real Estate Espresso Podcast, your morning shot of what's new in the world of real estate investing. Join investor, syndicator, developer, and author Victor J. Menasce as he shares his daily real estate investment outlook. Our weekday episodes deliver 5 minutes of high-energy, high-impact content to fuel your success. Plus, don't miss our weekend editions featuring exclusive interviews with renowned guests such as Robert Kiyosaki, Robert Helms, Peter Schiff, and more.

  1. 1d ago

    Can AI Revolutionize Property Management?

    Traditional property management software digitized filing cabinets: it recorded payments, stored documents, and logged complaints, but did not change how work moved through the process. Managing a community is not one job. It is a constant relay race among residents, boards, managers, accountants, banks, vendors, and regulators. A homeowner reports a leak. Someone identifies the property, checks responsibility, alerts a vendor, gets an estimate, seeks approval, schedules the repair, pays the invoice, updates the books, and closes the loop with the resident. Every handoff is a chance for delay, duplication, or failure. Vantaca offers a useful glimpse of what comes next. Founded in 2015 and focused specifically on community association management, the company says its platform now supports more than 550 management companies and 6.5 million homes. Its big idea is to become a “system of action,” not merely a system of record. ---------- **Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)

  2. 2d ago

    Can AI Speed Up City Council?

    I spent some time this week looking at a new playbook out of the AI world, describing what they call the "AI-native software development life cycle." And the more I read it, the more I realized: this isn't really a software story. It's our story. The steps engineers use to build a software application are almost identical to the steps we use to take a piece of dirt and turn it into a building. Plan, design, build, test, deploy, maintain. Swap "code" for "construction drawings" and you're reading our world in real estate development. -------------**Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)

  3. 3d ago

    Why Hourly Rentals Failed

    Visit The Cost Segregations Guys, our sponsor using this link for a discount. Cost Segregation is the key to accelerating depreciation and improving cash flow in your portfolio. ------------ On today's show we are looking at why Property Tech company Peerspace filed for Chapter 11 bankruptcy protection. For over a decade, Peerspace was celebrated as the "Airbnb for hourly space." The company promised to unlock millions of dollars in value hidden inside under-utilized physical real estate. But its sudden filing in bankruptcy court exposes the deep structural vulnerabilities of trying to monetize space by the hour. The company Peerspace was supposed to revolutionize the industry. But operational friction choked its unit economics, and we will look at the severe liability issue that ultimately forced its restructuring. ------------- **Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)

  4. 4d ago

    BOM - Learned Optimism

    Our book this month is “Learned Optimism: How to Change Your Mind and Your Life” by Martin Seligman.  It is an influential book about the way people explain success, failure, adversity, and disappointment to themselves. Seligman, one of the most important figures in the development of positive psychology, argues that optimism is not simply a personality trait that people either possess or lack. Instead, he proposes that optimism can be learned by changing the habitual explanations people make about events in their lives. The result is a book that combines psychological research, practical exercises, and personal reflection to explore how our thinking patterns influence performance, health, relationships, and resilience. A pessimistic person is more likely to view a setback as permanent, believing that the problem will continue indefinitely. The same person may also view the problem as pervasive, assuming that failure in one area means everything is going badly. Finally, the pessimist may personalize the setback by concluding that it happened because of a fundamental personal weakness. An optimist, by contrast, is more likely to see the same problem as temporary, limited to a particular situation, and caused by factors that can potentially be changed. ----------- **Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)

  5. 5d ago

    What Do We Know For Certain?

    Back in 2018 we made the decision to invest in Lake Charles Louisiana.  The thesis behind investing in this market is that the community is at the epicenter of a network of natural gas pipelines. Like some things in the energy industry, the timelines can be long and major projects often get delayed. As a result, not all of our projects in Lake Charles have gone as planned.  The south coast of the US is blessed with a lot of oil and natural gas. In fact, there is so much natural gas that US prices for natural gas are consistently among the lowest in the world. There are lower prices in the middle east in there Persian Gulf, but these are often government subsidized prices.  So anywhere you have very low energy costs, you will find energy intensive industries setting up shop.  This is why most of the LNG plants in the US are along the gulf coast. You will also find petrochemical plants than manufacture chlorine for swimming pools, fertilizer plants, ethane crackers for manufacturing polyethylene, to name just a few. Let’s go through an inventory of the current projects that are underway in this small town. There is the Louisiana LNG project where the first phase of the project consists of a $17B investment. There is the Venture Global CP2 facility which is a $32B investment. Then there is Commonwealth LNG which is a $12B project. The Cameron LNG project recently entered production and is now exporting 15M metric tons of LNG. The first phase of Venture Global is also in production and pumping out 12 million tonnes per year of LNG.  Last week SpaceX announced their Louisiana Space port with Governor Landry in attendance.  SpaceX plans nearly 30 launches per day from 10 launch pads once the spaceport is fully built out.  This $100B investment will bring 10,000 permanent jobs to the area.  But if you are going to be launching a lot of rockets into space, you will also need a ready source of propellant.  SpaceX uses natural gas and oxygen as the propellants involved in the reaction. They need a few things to build a launch site on this scale.  They need to be south facing with ready access to a coastal area to the south. They need a massive supply of natural gasThey need about 125,000 acres that are far from population centres so as not to interfere with residents. This location in Vermillion Parish in Louisiana is almost exactly equidistant between Lafayette Louisiana and the location of our property in Lake Charles.  Now the market conditions seem to point to bringing a new apartment project into our construction pipeline. We are actively getting quotes and arranging financing for this project. We don’t know what the future holds. After all, we live in an unpredictable world. But if the current demand persists, this project is going to make a lot of sense, not just for the next few years, but for the longer term outlook. ------------- **Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso Podcast](https://open.spotify.com/show/3GvtwRmTq4r3es8cbw8jW0?si=c75ea506a6694ef1)   iTunes: [The Real Estate Espresso Podcast](https://podcasts.apple.com/ca/podcast/the-real-estate-espresso-podcast/id1340482613)   Website: [www.victorjm.com](http://www.victorjm.com)   LinkedIn: [Victor Menasce](http://www.linkedin.com/in/vmenasce)   YouTube: [The Real Estate Espresso Podcast](http://www.youtube.com/@victorjmenasce6734)   Facebook: [www.facebook.com/realestateespresso](http://www.facebook.com/realestateespresso)   Email: [podcast@victorjm.com](mailto:podcast@victorjm.com)  **Y Street Capital:** Website: [www.ystreetcapital.com](http://www.ystreetcapital.com)   Facebook: [www.facebook.com/YStreetCapital](https://www.facebook.com/YStreetCapital)   Instagram: [@ystreetcapital](http://www.instagram.com/ystreetcapital)

4.8
out of 5
30 Ratings

About

Welcome to The Real Estate Espresso Podcast, your morning shot of what's new in the world of real estate investing. Join investor, syndicator, developer, and author Victor J. Menasce as he shares his daily real estate investment outlook. Our weekday episodes deliver 5 minutes of high-energy, high-impact content to fuel your success. Plus, don't miss our weekend editions featuring exclusive interviews with renowned guests such as Robert Kiyosaki, Robert Helms, Peter Schiff, and more.

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