Peerspace

And so a lot of the time I end up renting that.

It's usually like an actual home through Peerspace or through other home site listings that I have.

And we find a really nice, well-lit, somewhat neutral space.

And so that's exactly what we have for this shoot coming up.

But it was all shot in Bushwick.

I used Peerspace to rent this.

I just looked through Peerspace and found this place.

hourly place we rented it for I think like four hours or something and then yeah we're like go girl we gotta go and then we did the other just like point and shoot all the outdoor shots we were like this looks cool let's shoot it here I came up with the whole shot by shot the list the the concept did it made a call sheet just asked, we did, we shot at December like 28th or something like super weird time between Christmas and new years.

And the single came out February 28th.

What do you think is the most unique of these exposures that you've come across in your study and preparation? Oh, man, that's a good question.

Some of the exposures that you find on an app like Peerspace, where people will make their homes or their property available for rent for different uses, like not for people to live in the house.

But to throw parties, to have photo shoots, film crews will come and film scenes for things that they're doing for maybe the college or something like that.

But I've also seen studio rental for our home rental to be used for a fitness studio.

fairly organized, fairly well-known, not hacked together using AI and oh my gosh, people are actually gonna pay me to do this, to facilitate this.

So it's very likely that there is going to be at least respectable cover offered.

Neighbor, that's another example, Peerspace.

But I also try to really emphasize to the agents that take the class You can take that responsibility if you choose.

On today's show, we're looking at a major cautionary tale from the property technology world.

Peerspace, a Silicon Valley startup launched in 2014, intended to revolutionize hourly real estate rentals.

They've officially filed for Chapter 11 bankruptcy protection.

For over a decade, Peerspace was celebrated as the Airbnb for hourly space.

The company promised to unlock millions of dollars in hidden value inside underutilized physical real estate.

But its sudden filing in bankruptcy court exposes a deep structural vulnerability of trying to financialize space by the hour.

Today, we dive into how Peerspace was supposed to revolutionize the industry, what the friction was that choked its unit economics, and the severe liability issue that ultimately forces its restructuring.

When Peerspace launched in 2014, the value proposition for property owners was pretty compelling.