Episodios

  • Live From The Construction Site

    Live From The Construction Site
    Nov 28 2025

    BONUS DEPRECIATION WEBINAR REGISTRATION

    I’m coming to you live from one of our construction sites. On today’s show we are talking about acceptance criteria for new construction. But first, I’d like to invite you to a special webinar scheduled for December 4 on how Bonus Depreciation could benefit your investment strategy. There are only a few weeks remaining in the year and now is the time for some last minute tax planning. If you sold an asset this year and might be facing a big tax bill, buying another asset might be the ticket to deferring or reducing that tax bill. Click on the link in the show notes and we will talk to you on December 4th.

    ----------------

    **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)


    Más Menos
    5 m
  • Using Data In A Responsible Manner

    Using Data In A Responsible Manner
    Nov 27 2025
    The DOJ accused RealPage in August of 2024 of facilitating unlawful price-fixing and rent inflation by using competitively sensitive, nonpublic data from multiple landlords to generate rent recommendations, effectively aligning pricing across competing properties. Anti-trust behavior, also known as anti-competitive conduct, refers to business practices that substantially lessen competition in the marketplace, restrict free trade, or lead to the unfair formation or abuse of a monopoly. These actions ultimately harm consumers by resulting in higher prices, lower quality, reduced innovation, and less choice.The Justice Department’s Antitrust Division filed a proposed settlement this week to resolve the United States’ claims against RealPage Inc.The information provided by RealPage is frankly no different than the information that is routinely available from a multitude of sources including Yardi Matrix, Costar, and ALN to name just a few. This information is publicly available in close to real time. What perhaps is not publicly available is the extent to which landlords have been negotiating leasing incentives into leases with specific tenants. That information might not be publicly available. If RealPage was making pricing recommendations to landlords using this information, then I can see where a line was crossed and could be considered anti-competitive.The truth is, landlords have ready access to this kind of market information on a regular basis. Any appraisal or third party market study will make rental pricing recommendations based on the market data. These have been standard practice for decades when it comes to any financing due diligence. Any property owner with a brain can integrate the market data into a series of pricing strategies. While RealPage is having one hand tied behind their back with this settlement, there are very few secrets when it comes to pricing. We live in a fully interconnected world where tenants can increasingly use artificial intelligence to get up to date pricing information and frankly have the upper hand when it comes to finding the lowest price.-------------**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)
    Más Menos
    6 m
  • Changes to Florida's Condo Laws

    Changes to Florida's Condo Laws
    Nov 26 2025

    The Surfside condo collapse in 2021 precipated a number of changes to Florida's condo laws. The result has been a massive negative impact on condos across the entire state.

    The latest change to the regulations improves the outlook by allowing home owner associations to fund part of their reserve funds using loans and lines of credit. Previously these reserves had to be funded in cash by the unit owners, often resulting in special assessements of hundreds of thousands for each owner.

    ------------

    **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)

    Más Menos
    6 m
  • Changing Landlord Rules

    Changing Landlord Rules
    Nov 25 2025

    We have become accustomed to hearing about legislative changes that advance tenant rights and make it more and more difficult for property owners to protect their properties and indeed run a profitable business. There is nothing that compels investors to make losing investments. If made sufficiently unattractive, investors simply won’t invest and the country will experience an acute shortage of housing which will have the effect of pushing rent prices higher.

    This time, there is an example of government creating the incentives to build more housing and to break down the procedural delays that make it more and more difficult for owners to get relief when tenants stop paying.

    In October 2025, the Ontario government introduced Bill 60, formally titled the Fighting Delays, Building Faster Act, 2025. While the legislation spans many areas — from transit and planning to municipal governance — one of its most consequential parts amends the Residential Tenancies Act and makes significant changes to how landlords and tenants interact.

    As a backdrop, the current backlog is 42,000 cases in front of the landlord tenant board. That’s an improvement from the 53,000 case backlog a year earlier. Today, the average wait time for a case to be heard is 7 months.

    A few weeks ago I sent the premier of Ontario, Doug Ford a text message to let him know that I supported his initiative and that he is on the right track. He responded within a few minutes and thanked me for my message. Let’s see if other jurisdictions monitor the impacts of these changes and maybe follow suit.

    -------------

    **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)

    Más Menos
    5 m
  • Unreasonably Short Construction Schedule

    Unreasonably Short Construction Schedule
    Nov 24 2025

    On today’s show we are looking at the compressibility of construction schedules. We often hear that projects will take longer and there are all kinds of reasons why they legitimately need to take longer.

    It’s a large site and the site work will take a long time. The utilities are not available. The city infrastructure isn’t ready. We can’t find enough labor. The excuses are abundant.

    As developers we are no strangers to delays and we have experienced many of them. Most of them having to do with the entitlement process. Sometimes there are delays at the hands of lenders, delays at as a result of it taking longer to raise capital.

    But then there is the XAI Colossus Data Center. This supercomputer is the largest AI super computer in the world.

    This first phase of the data centre was built in 122 days. I don’t know how many days or weeks of planning went into it. But all I can say is that there are many examples of decisions that were designed to save time in the most significant ways.

    This was just the first. They built a second data centre and from March to October, that data centre was also brought online with all the power, cooling, networking and computing, and of course all of the construction required to make that happen.

    This is a project that would have taken several years under normal conditions. What it does is it demonstrates precisely how compressible a construction schedule can be if you take the constraints off the problem.

    -------------
    **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)

    Más Menos
    6 m
  • Estate Planning with Allison Kierman

    Estate Planning with Allison Kierman
    Nov 24 2025

    Allison Kierman is based in Scottsdale Arizona where she specializes in estate planning for business owners and high net worth families. On today's show we are talking about some of the pitfalls that can occur when this sometimes painful topic is ignored.

    To connect with Allison you can call 480-719-7333 or visit kiermanlaw.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)

    Más Menos
    9 m
  • Small Bay Industrial with Anthony Scavo

    Small Bay Industrial with Anthony Scavo
    Nov 23 2025

    Anthony Scavo is based in Westchester NY where he invests in small bay industrial across the US. The company has amassed 5 million square feet since 2021 and in on an aggressive growth trajectory.

    You can reach Anthony at basisindustrial.com or email him directly at anthony@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)

    Más Menos
    12 m
  • Use Cases For Designing A Client Experience

    Use Cases For Designing A Client Experience
    Nov 21 2025

    In real estate, most operational mistakes are not the result of bad intentions. They are the result of assumptions. You believe the tenant will know where to park, how to receive packages, how to operate the thermostat, or how to submit a maintenance request. You assume your team will know how to prepare the unit, confirm utilities, or walk a resident through the lease.

    But assumptions are the enemy of predictable execution.

    Professional developers use a tool from the software world called use cases, sometimes known as user stories, to design a process that works for the client in the real world, not the world we imagine on paper.

    A use case is a simple story that describes how a specific person completes a specific task under specific conditions. It forces you to see the experience through the customer’s eyes, not the company’s.

    In residential real estate, this is invaluable.

    ------------

    **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)

    Más Menos
    6 m