The Real Estate Espresso Podcast

Victor Menasce
  • 4.8 (30)
  • Investing
  • Updated Daily

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. 5 hrs ago

    This NY Freeze Won't Work Either

    This month Mayor Mamdani implemented a rent freeze for the next two years on rent stabilized apartments. Memories are short. This has been tried before and it was a dismal failure. But this time will be different.  You see when property owners have expenses rising including city taxes, insurance, utilities,  and rents are legislated to be flat, and you still need to comply with the city’s stringent building standards regulations, the math doesn’t add up. At a certain point, the owners of these buildings are being legislated into bankruptcy.  Most of the city’s 1M rent stabilized units are in the Bronx and Northern Manhattan. About 2M residents live in these apartments. The last time this was tried an urban wasteland was the result. The South Bronx was littered with burned out buildings. Desperate building owners found that it was more desirable to collect an insurance settlement than to lose their building to foreclosure. I remember those days well. My family was from NY and there were daily news reports of another fire in the South Bronx which swallowed up a few more buildings. Between 1970 and 1981, the Bronx lost roughly 100,000 housing units to abandonment and arson, approximately one out of every five units in the borough’s total housing stock.  In 1980 alone there were 8,312 arson fires in NYC. When the rent is frozen, a black market opens up. We saw this in the past. Tenants in a rent stabilized property would choose to sublet their apartment for more than they were paying, but less than a market rate apartment. The large gap between the market rate and the rent stabilized units creates an incentive for this black market to emerge. But no, this time will be different. ------------ **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)

    6 min

  2. 1d ago

    An Innovation in Construction Technology

    Today's show is sponsored by The Cost Segregation Guys. To learn more, click on the link and you can qualify for a discount on your cost seg study. ----------- I’m usually pretty skeptical when someone tells me they’ve found a breakthrough in homebuilding. We’ve heard this story many times before. Modular construction was going to change everything. 3D printing was going to make housing dramatically cheaper. Mass timber was going to replace steel and concrete. In each case, there may be a place for the technology, but the promised revolution often fails to account for the entire building process. Construction is not one problem. It is a collection of hundreds of small problems, each with code requirements, scheduling constraints, labor dependencies, financing implications, and supply chain risks. But every once in a while, something comes along that deserves a closer look. That’s the case with Plantd, a North Carolina company founded by former SpaceX engineers, including Nathan Silvernail and Huade Tan. Their target is not the whole house. They’re not trying to replace every trade on the job site. They’re going after one of the most common materials in homebuilding: OSB, or oriented strand board. Traditionally, OSB is made from wood strands pressed together with resin under heat and pressure. Plantd is making a direct alternative from fast-growing perennial grass. According to the source material, the grass can grow about six inches a day, can be harvested twice a year, and has a much higher carbon sequestration rate than pine. The company’s internal testing claims the panels are two times more moisture resistant and one and a half times stronger than traditional softwood OSB. A pine forest takes 40 years to mature. These grasses can supply the same home building in 90% less acreage. And you can grow the grass next to the factory. ------------ **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)

    6 min

  3. 2d ago

    Small Bay with Anthony Scavo

    Anthony Scavo is with Basis Industrial. They are on a growth trajectory and now have more than 10M SF of industrial in the portfolio. On today's show we are talking about the changes that are taking place in the market. To connect with Anthony, visit https://www.basisindustrial.com/ --------------- **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)

    14 min

  4. 3d ago

    Cali Crazy with Kyle Whissel

    Kyle Whissel is the principal at EXP in San Diego where they have sold more than 9,000 properties in their team. On today's show we are talking about what's happening in San Diego and Southern California in general. Definitely some unintended consequences of more relaxed development rules. To connect with Kyle, he is @kylewhissel on Instagram --------------- **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)

    16 min

  5. 4d ago

    Simple Is Not The Same As Easy

    On today's show we're talking about a simple transaction, selling a portion of one property to the neighbor. Simple enough. Get a survey, update the new legal description, receive payment and record the new deed. Not so fast. The list of deliverables to perform this simple transaction involves 3 governing bodies, 5 consultants, three lawyers and about 10 pages just to list the deliverables. -------------- **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 min

  6. 5d ago

    Ignoring History Killed The Deal

    Today’s episode is a cautionary tale about real estate, memory, and the story attached to a piece of land. On June 24th, 2021, Champlain Towers South in Surfside, Florida partially collapsed in the middle of the night. Ninety-eight people died. It was one of the deadliest structural failures in American history. Further investigation showed that some of the building columns were showing signs of failure three weeks before the collapse. Not only that, the original design didn’t meet structural standards in place at the time the building was built.  That land was eventually sold through a court-supervised process. DAMAC Properties, a Dubai-based luxury developer, purchased the site for $120 million. From a conventional real estate perspective, you can understand the thesis. Oceanfront land in Surfside is scarce. The parcel is on Collins Avenue, near Bal Harbour and Indian Creek. It is the kind of location that developers dream about. On paper, it sounds extraordinary. But real estate is not only land, zoning, architecture, and price per square foot. Real estate can have a history. And that history tells a story. In this case, the story was not luxury. It was loss. The mistake was assuming that the story of the future could overwhelm the story of the past. It could not. ---------- **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 min

  7. 6d ago

    Will AI Always Require Land?

    Today we’re looking at the AI value chain, and more specifically, how the migration of AI workloads from centralized data centers to local devices could change the investment thesis for data center real estate. Right now, most AI feels like a cloud service. You type a prompt into an application, that request travels to a hyperscale data center, a large model performs the computation, and the answer comes back to your phone or computer. That architecture makes sense in the early phase of the market. The models are large. The chips are expensive. The engineering talent is concentrated. The energy requirements are massive. In many ways, this resembles the mainframe era of computing. In the early days, computation was centralized because local computing was not practical. Then the personal computer changed the value chain. The mainframe did not disappear, but the balance of value shifted. I believe we’re going to see something similar in AI. ------------ **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)

    6 min

  8. Jun 23

    Inflation Can Hurt Investors Too

    A recent Wall Street Journal article laid out the rising cost of home ownership in a very clear way. From 2019 to 2025, the annual cost of owning a home rose from about $20,600 to about $28,600. That is a 39 percent increase, compared with a 26 percent increase in the consumer price index. The biggest increases were not just mortgage payments. Insurance rose 72 percent. Home maintenance rose 85 percent. Emergency repairs rose 175 percent. The article was written for homeowners. But the same forces apply to investors. A landlord does not get a different price for a roof, a plumber, an HVAC compressor, property insurance, or property taxes simply because the property has tenants. ------------ **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)

    6 min
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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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