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

    Using Leading Indicators not Reports

    Today we are asking a practical question. Can you get a leading indicator of what is happening in real estate before monthly or quarterly reports from the major brokerages?  If you really want to look at the leading indicators, how would you do it? How could you do it?  Well, as it turns out, Brokerages like Redfin and Zillow can see activity before it appears in the monthly statistics. They see searches, appointments, open houses, offers, cancellations, and pending contracts. How can an ordinary investor get closer to that same information and understand where the market is moving before the headlines catch up? ------------- **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
  2. 2d ago

    Is AI Intelligent?

    On today’s show we are talking about the difference between pattern recognition and intelligence.  We’ve all seen the cases where AI is completely lacking in common sense. In order to understand how this happens, we need to understand how AI has been trained.  By examining historic patterns, AI algorithms take the lazy path to predicting the next step in the pattern. But not all patterns are predictive.  The nearest car wash is really close by, only a few hundred yards. The answer to the next question is telling. If it’s only a few hundred yards away, should I walk or drive? The AI then suggests that you could walk.  This is hilarious and obviously lacking in common sense. Walking is not going to get your car cleaned. This is the difference between pattern recognition and intelligence. ------------- **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
  3. 4d ago

    BOM - This is Strategy by Seth Godin

    Our book of the month is "This is Strategy" by Seth Godin. When this book was published, I knew I wanted to read it. I’ve been following Seth for years.  Rather than presenting strategy as an academic discipline or a collection of management frameworks, he describes it as a way of thinking about systems, incentives, and long-term change. The result is a book that is less about business tactics and more about understanding how meaningful change actually occurs. His assertion is that what is taught in school consists of questions where the answer is known. If the teacher doesn’t know the answer, they can’t write a test to give you a mark. As a result, schools don’t teach you how to answer questions where the answer is not known. In fact, part of the job will be to define the question. The true underpinnings of strategy come from asking these types of questions.  ------------ **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
  4. 5d 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
  5. 5d 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
4.9
out of 5
133 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.

You Might Also Like