PODCAST · business
Real Estate Espresso
by Victor Menasce
Your morning shot of what's new in the world of real estate investing. Daily real estate investment outlook from investor, syndicator, developer and author Victor J. Menasce, so that you can compress timeframes as a real estate investor or developer. Weekday shows are 5 minutes of high energy, high impact awesomeness. The weekend edition consists of interviews with notable guests including Robert Kiyosaki, Robert Helms, Chris Martenson, Mark Victor Hansen, George Ross, Ed Griffin, Dr. Doug Duncan, and many more.
Episodes
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AMA - Hiring A Great Project Manager
Today is another AMA episode (ask me anything). Today's question comes from Matthew who asks: "What qualities do you look for when hiring a project manager?" -------------- **Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso...
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Why Locate Here?
The First rare earth metal separation and refining plant in the US is about to start construction. It's going to be located 14 miles from Lake Charles, Louisiana. This is a market we know well. So why here? Meta announced their new 1GW AI data center near Edmonton Alberta. This $13B CAD…
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How AI Changes Retail Metrics
On today's show we are looking at how AI is already changing the face of retail. The effects are global. From Sephora to Ikea to Home Depot. Nobody is immune. Ask "Where can I find the best price on within a 5 mile radius of my current location?" A few seconds later, you have...
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Is The Software Industry Dead?
There is a new software called REA (reverse engineer anything). REA is an open source tool that connects to artificial intelligence coding agents through something called the Model Context Protocol. In plain English, it gives an agent the ability to decompile software, meaning take a finished...
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Industrial Storage with Chris Long
Chris Long is based in Tampa Florida where he is the founder of Longyards. Longyards is an industrial outdoor storage product that serves specific customer segments including contractors who need places to store equipment, materials, and mobile facilities. On today's show we are talking about how...
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What's Working with Chris Tourtelotte
Chris Tourtelotte is based in Los Angeles where he is a principal at LaTerra Development. The firm invests nation wide in apartments and storage. On today's show we are getting Chris's perspective on what is working and how to buy good deals. To connect with Chris, visit with him on LinkedIn at...
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You Can Print Money, But You Can't Print Oil
On today’s episode, we are pulling back the curtain on a massive media narrative circulating ahead of the upcoming U.S. midterm elections. You’ve probably seen the headlines over the last few weeks: political pundits debating whether injecting a few shipments of Russian diesel or releasing...
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Look Out! 10GW of Power
While the rest of the nation builds regulatory walls against data centers, Southwest Louisiana is taking a completely different approach. Lake Charles and surrounding Calcasieu and Cameron Parishes have spent decades embracing heavy industry in a way few other communities in North America ever...
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Trophy Assets Are Not Immune
On today’s show, we are examining one of the most seductive traps in all of commercial real estate: the trophy asset. For generations, institutional investors, sovereign wealth funds, and high-net-worth syndicators have chased iconic architecture. We look at postcard skylines—the silhouettes that...
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Top 4 Rookie Infill Development Mistakes
Some of the most expensive mistakes in infill development happen before construction even begins. They're often made by relatively inexperienced investors who assume that because something exists, it must be suitable for their proposed development. Today we're examining four of the biggest risks...
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When AI Relies On The Wrong Version
On today's show we're going to talk about a disease that affects almost every organization. It's a disease that can cost a ton of money, delay projects, create disputes between business partners, and undermine the quality of decisions. I've coined a new word to describe this disease. I'm calling…
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Saving on Escrow Fees with Nate Cater
Nate Cater is based in Los Angeles. His company is PHOCIS which specializes in providing escrow services for smaller independent private lenders. The value proposition is to save on escrow fees. As always, perform your own due diligence. Request state-by-state escrow or money transmitter…
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US Apartment Distress with Anton Mattli
Anton Mattli is the founder of Peak Financing, based in Dallas Texas. Anton got his start in banking in Switzerland and held global commercial bank positions in NY, and in Asia before launching Peak Financing. On today's show we are talking about the state of the market and which segments are...
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A Surprise in the New National Electrical Code
On today's show, we're talking about a sneaky regulatory change that could cost your next development project tens of thousands of dollars. If you've built, flipped, or remodeled a property in the last thirty years, you know the drill. When you design a kitchen island or a peninsula, the…
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RealPage Cancels A 3rd Party AI Integration
There's a battle brewing in the property management software industry that could have far-reaching implications for real estate investors. The battle is between RealPage, one of the largest property management software companies in the industry, and EliseAI, one of the fastest-growing artificial...
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Is Senior Housing Affordable?
When we talk about affordable housing, the conversation usually centers on two groups of people. We talk about low-income families struggling to pay the rent, and young adults who cannot afford to purchase their first home. But there's another demographic that rarely receives the same attention....
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Mandatory Extended Warranty?
On today's show we are talking about warranty legislation and new rules around consumer products and appliances. The Province of Quebec just implemented the most comprehensive warranty legislation in North America. But other states in the US have also implemented rules that affect how repairs and...
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Are You Buying Wasted Insurance?
Let me start with a simple observation. Insurance companies are in the business of selling policies, and one of the most effective ways to sell more coverage is to describe what could go wrong. Fire, flood, fraud, lawsuits. Every scenario sounds plausible when someone paints the picture for you....
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What's Working with Spencer Patton
Spencer Patton is based in Atlanta as a partner in ICM Asset Managment. The company is headquartered in Calgary and invests in both Canadian and US projects. On today's show we are talking about the macro challenges facing the industry and where the opportunities are emerging. They currently have...
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Affordable Housing wiht Nathaniel Kiger
Nathaniel Kiger is based in Seattle Washington. He specializes in affordable housing using government subsidies. On today's show we are talking about the criteria that make for a viable project versus one that meets demand, but loses money. Ton connect with Nathaniel, visit...
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Oops! The Jobs Report Missed Again
On today’s episode, we’re peeling back the layers on the latest U.S. Nonfarm Payroll report. If you turn on the news or listen to government officials at the podium, the narrative remains steadfast: the economy is robust, the labor market is resilient, and the elusive "soft landing" has been...
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BOM - The Hard Thing About Hard Things by Ben Horowitz
Our book this month is The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers by Ben Horowitz. Ben co-founded Loudcloud, a cloud computing company launched during the technology boom of the late 1990s. Soon afterward, the dot-com crash created an extremely difficult...
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The AI Balance Sheet Is Broken
I’m seeing some scary parallels between the dot com era and today. I was part of the dot com era and there were some powerful lessons from that time. It’s tempting to say this time is different. But even if there is demonstrable customer demand and revenue, there are still some what where the…
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Property Tax Out of Bounds
On today’s show we’re examining a form of apartment distress that can hide in plain sight. One of our team members recently visited , a 500-unit apartment complex in Pflugerville, Texas, just north of Austin. It is relatively new. Construction began in 2021 and the completed project was turned…
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The Next Stock Market Crash
I’m going to go on record with a prediction that’s somewhere in the next six months, we will see a major pull back in the stock market specifically tied to artificial intelligence. My reasoning for this is three-fold: There was a change to the generally accepted accounting principles (GAAP), a…
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Due Diligence with Shane Pogue
Shane Pogue is based in Dallas Texas. He has a background in criminal investigation from his years at Fidelity. Today he helps real estate investors with all forms of due diligence. To connect with Shane, visit his website at Aegis Risk Solutions Investigations or on Linkedin at...
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Live Talk - Land Development Pitfalls
On today's show I'm sharing a segment of the Land Development Mastermind hosted by Brandon Cobb. We're touching on a subset of the top 10 land development pitfalls. ----------- **Real Estate Espresso Podcast:** Spotify: [The Real Estate Espresso...
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Should I Wait For The Midterms?
On today’s episode, we are tackling a question that is front and center for almost every capital allocator, developer, and buy-and-hold investor right now: Should you freeze your major investment decisions until after the upcoming U.S. midterm elections? When you turn on the news, the message…
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Outsource or Vertical Integration?
If you look back through the history of modern business, you’ll notice a distinct pendulum swing. There are eras where vertical integration is the ultimate gold standard, and there are eras where asset-light outsourcing is the only way to survive.So, where does real estate fit into this pendulum...
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Another Law Struck Down By Supreme Court
On today’s show we’re going to talk about a Washington Supreme Court decision that, on the surface, is about natural gas. But I think the much more interesting story is what this ruling could mean for the way laws are written, and by extension, for real estate investors trying to understand the...
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Multifamily From The Curb Appeal?
When I first started investing in real estate, I was taught a very simple technique. Drive the neighborhoods. Look for the houses where the lawn is overgrown, the gutters are falling off, the paint is peeling, and the maintenance has clearly been deferred. The year was 2010. We were in the middle...
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Too Old For News. Too New For History
On August 2, I published an interview with Dr. Anas Alhajji on this podcast. Dr. Alhajji is an energy economist, and during our conversation one thing was clear: a shortage of oil tankers was coming, and it was going to ripple through the global energy supply chain. That was the story in early...
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The Broken Environment with Mark Shuler
Mark Shuler is based in Seattle, Washington. He currently has over 4,000 apartments in his portfolio, largely in Texas. On today's show we are talking about the irrational exuberance of the past few years and the reckoning that is taking place in the market. To connect with Mark you can visit is...
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New Retail with Tim Dowling
Tim Dowling is. based in Austin Texas. He is building a shopping center in a suburb of Austin along the I-35 corridor. On today's show we are talking about what is driving the demand and the design of the project. To connect with Tim, reach out to him on LinkedIn at...
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Supreme Court Squashes Referendum
If you’ve been in the development game for more than five minutes, you know the scenario. You find a parcel. You spend eighteen months and hundreds of thousands of dollars on environmental studies, traffic impact analyses, civil engineering, and public hearings. You work tirelessly with the city...
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Mega Answer to Bonus Depreciation
Today’s show is sponsored by the Cost Segregation Guys. To save on taxes, visit the Cost Segregation Guys and learn how they can reduce your taxes. ------------ When the media talks about a trade war, the discussion usually focuses on tariffs. The United States puts a tariff on Canadian steel....
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The Fed Didn't Influence Your Decision
Today is Fed rate day. This afternoon Federal Reserve Chairman Kevin Warsh announced a unanimous decision to increase the Fed funds rate by 0.25%. Today we’re going look deeper into the bond market functioning and not focus on the Fed. But the real question is whether the Fed leads the market, or...
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Free Help For Builders With New DOE Program
On September 11, the U.S. Department of Energy launched a new initiative called Building America New Construction Support program. The stated goal is pretty simple. Help builders build faster, reduce costs, and deliver lower-cost, higher-quality buildings. The program is available to residential,...
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Rules Don't Flow Downhill
On today's show we're talking about one of the quietest ways a deal gets killed. Not a rate move, not a cost overrun. A city council vote you assumed would never happen. Let's start with the constitutional plumbing, because it explains everything that follows. In the United States, municipalities...
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Shopping Center Revival with Michael Flight
Michael Flight has been specializing in shopping centers since the mid 1980's. On today's show we are talking about how shopping centers are going through a revival of sorts. We're talking about where the demand is and how to create value in shopping centers. To connect with Michael, you can find...
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Software Innovation in Apartments with Eddie Fong
Eddie Fong is based in Seattle and he started his career at companies like Microsoft, Dropbox and Salesforce. In the past year he has taken that software development expertise and started applying it to the world of multi-family investing. On today's show we are talking about the US of AI in real...
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Should Foreign Buyers Be Banned?
Canada has a housing shortage. But at the same time, parts of the country have too many condominiums for sale. Those two statements sound contradictory. They’re not. Toronto has experienced a historic collapse in new condominium sales. In 2025, only about 1,600 new condos were sold across the...
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Can ICE Impact Your Construction Project?
On today's show we're talking about a construction risk that may not be in your pro forma. You might say, "Victor, I only hire legally authorized workers. Why should immigration enforcement affect my project?" That's a perfectly reasonable question. But it misunderstands how a construction labor...
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Which Auto Plants Will Close Next?
On Sept 10 at 8PM EDT, 5PM PDT, I'm hosting a live conversation with Jacob Blackett, CEO of Sponsorcloud. We are going to be talking about how software can improve the investor relationship for private investments. If you can't attend, register anyway and we will send you the recording. CLICK…
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The Recreation Segment is Bleeding
On today's show, we're looking at what boats, recreational vehicles, and cottages can tell us about the economic cycle. The pattern is familiar. Demand exceeds supply. Prices rise. Producers expand. Buyers accelerate purchases because waiting appears expensive. Lenders become comfortable…
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Tour The World of Interest Rates
On today’s show we’re going to take a trip around the world through one very specific lens: the yield on the 10-year government bond. This is not just a tour of interest rates. The 10-year bond is one of the clearest places where investors collectively put a price on inflation, fiscal policy,...
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Middle Housing with Jared Jones
Jared Jones is based in Riverside California. On today's show we are talking about the newest housing legislation and the impact it is having on adding supply to the housing stock. To connect with Jared, visit middlehousingpartners on Instagram or Jared Jones on LinkedIn. **Real Estate Espresso...
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After The Fires with Bronson Hill
Bronson Hill is based in Pasadena California. On today's show we are talking about how accelerate the rebuilding process after the devastating fires that destroyed thousands of homes in Los Angeles County and in communities like Altadena. To connect with Bronson and to learn more, visit...
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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…
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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...
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ABOUT THIS SHOW
Your morning shot of what's new in the world of real estate investing. Daily real estate investment outlook from investor, syndicator, developer and author Victor J. Menasce, so that you can compress timeframes as a real estate investor or developer. Weekday shows are 5 minutes of high energy, high impact awesomeness. The weekend edition consists of interviews with notable guests including Robert Kiyosaki, Robert Helms, Chris Martenson, Mark Victor Hansen, George Ross, Ed Griffin, Dr. Doug Duncan, and many more.
HOSTED BY
Victor Menasce
CATEGORIES
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