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. 13H AGO

    BOM - The EOS Life by Gino Wickman

    We have a new sponsor on the show. The Cost Segregation Guys are the leading service provider in the US and they have helped tens of thousands of owners improve the tax efficiency of their assets. To learn more, visit The Cost Segregation Guys. ------------ The EOS Life by Gino Wickman asks a simple question: What would your life look like if your business actually served your life, instead of consuming it? Wickman frames that ideal around five conditions: doing what you love, with people you love, making a huge difference, being compensated appropriately, and having time for other passions. That is the central promise of the book.  -------------- **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

    What Can AI Help You Stop Doing?

    On today’s show, we’re talking about the flurry of new capabilities being released in Claude, and more specifically, how these new tools can take real work off your plate as a real estate investor. There’s a big difference between a technology that is interesting and a technology that is useful. For a long time, artificial intelligence sat in that interesting category. It could summarize an article, write a paragraph, maybe help brainstorm a marketing idea. But that’s not where the real leverage is. The real leverage comes when the technology stops being a novelty and starts removing actual labor from your business. ------------ **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)

    7 min
  3. 2D AGO

    The Deflationary Economy

    Today we’re talking about the deflationary impact of an oil shock. Now that might sound counterintuitive at first. After all, if oil prices spike, and if shortages appear in oil, aluminum, fertilizer, natural gas, and other key industrial inputs, most people’s first instinct is to call that inflationary. And at the consumer level, it certainly feels inflationary. You see it at the pump. You see it in groceries. You see it in utility bills. You see it in transportation and construction costs. But that’s only the first-order effect. The deeper question is this: what does a commodity shock do to the broader economy? History gives us a fairly consistent answer. Oil shocks are not ultimately expansionary. They are contractionary. They are not the fuel for growth. They are the tax that crushes growth. In the 1970’s we called it stagflation.  ------------- **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
  4. 4D AGO

    AMA - Expensive Connection Fees

    Today is another AMA episode, (Ask Me Anything). Our question comes from Tracy in Washington State who writes: I’m working on a 144-unit apartment project in an older jurisdiction where the city is charging about $7,000 per unit for water and sewer—so roughly a $1M fee. At the same time, we’re bringing the main to the site, installing all laterals, and handling all on-site infrastructure. Based on public records, the sewer system is operating at around 50% capacity, and the fees from this one project would represent a large portion of their annual water improvement budget. So it’s hard to see how the fee is tied to actual impact versus funding broader system upgrades. On top of that, they’re requiring roughly 1,000 SF of open space per unit plus additional private open space. This equates out to over 3A on a 6A site, obviously this significantly impacts density and overall feasibility. I have built in 5 different jurisdictions near by and they all have different requirements compared to this project. but similar requirements to each other: Water/sewer would be approx $42K and the open space requirement 200-300 sf per unit. I feel that my project is right in line with the City goals stated in the comprehensive plan, but the development requirements would prevent almost any multi-family project from getting built. In your experience, how do you actually get a city to move on issues like this? Push for a development agreement, challenge the fee structure and nexus, or leaning into the economic impact and negotiate ----------- **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
  5. 6D AGO

    Difficult Office Conversions

    On today's show we are analyzing an office to residential conversion project in Washington DC that was reported in the Wall Street Journal. The developer bought it at a great price of $25.53 per square foot, far below replacement cost. But the geometry of the building is not ideal. The usable area is far below the total unless major modifications are made to the building's interior. The biggest question is whether the market will realistically absorb a large number of units in that location, given the lack of community amenities like schools, groceries, health care. It's in the tourist and business core of Washington DC. ---------------- **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
  6. 6D AGO

    What Does Cape Coral Teach Us?

    We have a new sponsor on the Real Estate Espresso podcast. If you’ve been listening to the show for a while, you’ll know that we have rarely had any sponsored content at all. That’s intentional. We’ve had plenty of offers to sponsor the show.  Our sponsor is The Cost Seg Guys. If you own investment real estate and haven’t looked seriously at cost segregation, you could be leaving significant tax savings on the table. The Cost Seg Guys help investors accelerate depreciation, improve near-term cash flow, and make more efficient use of capital, all without changing the underlying asset. In a business where preserving cash matters, that’s worth paying attention to. If you’re interested in learning more, send an email to podcast@victorjm.com and put Cost Seg in the title and see whether your property qualifies. I can tell you from first hand experience, that cost segregation can be a low cost high value exercise. Send an email to podcast@victorjm.com and put Cost Seg in the title. ------------ Today we’re taking a hard look at the current state of real estate inventory in Cape Coral, Florida, and more importantly, what those numbers actually mean for investors.  We looked at Cape Coral specifically last year as a bell-weather for markets across the sunbelt. At the time, there was a huge spike in inventory. It’s time for an update.  Because when people hear that inventory is falling, the natural instinct is to think the market is tightening and prices are about to run. That is not always true. Sometimes falling inventory means homes are selling. Sometimes it means sellers are simply giving up and pulling properties off the market.  ------------ **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
4.9
out of 5
132 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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