OAK ROAD

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OAK ROAD

OAK ROAD

@oakroadcap

We’re invested in cultivating meaningful design and development in every type of community.

Los Angeles, CA انضم Mart 2015
201 يتبع74 المتابعون
OAK ROAD أُعيد تغريده
Daniel Morgan
Daniel Morgan@dtmorgan18·
I think LA real estate investors are finally waking up to the fact they have been mispricing regulatory risk for the last decade.
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Real Estate Lawyer
Real Estate Lawyer@SinaiLawFirm·
Starting to offer a new service to commercial MF brokers in LA: "I will talk to your clients and scare them to death about eviction laws and habitability lawsuits in LA so they will agree to sell and give you the listing"
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OAK ROAD@oakroadcap·
@chamath Best part is, if there are losses, we can apply them!
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Chamath Palihapitiya
Chamath Palihapitiya@chamath·
I plan to buy and deploy large fleets around the country when possible. Should pay back and be positive FCF < 2 years…
Teslaconomics@Teslaconomics

I plan on owning my own Tesla Robotaxi fleet one day. And the more I run the numbers, the more I realize this new business could become one of the most powerful income opportunities I've ever seen. This is how I'm thinking about it. Based on many analyst models and Tesla’s long-term vision, a reasonable base case assumption is about ~$30,000 per year in net profit per Robotaxi to the owner. This is after things like Tesla’s platform fee, charging, tires, maintenance, insurance, and cleaning. Of course, the network is still early and Tesla is just beginning to roll this out in pilot programs in a few cities, so there’s no official real-world owner earnings yet... but using reasonable assumptions around utilization, pricing per mile, and operating costs, the math starts to get really interesting. If one Robotaxi can earn around $30,000 per year, here’s what a fleet might look like: • $100,000 per year → about 4 Robotaxis • $500,000 per year → about 17 Robotaxis • $1,000,000 per year → about 34 Robotaxis It may sound a bit crazy at first, but when you break it down, it starts to make more sense. These vehicles could potentially drive 50,000 to 100,000+ miles per year in high demand areas. If the economics land somewhere around $0.25-$0.50 profit per mile after all costs, you end up right around that ~$30k per vehicle per year range. And remember, the Tesla’s Robotaxi network is going to work a lot like Airbnb for cars. You add your vehicle to the network, Tesla handles the software, routing, payments, and rider experience, and they take a platform fee (often modeled around 25-35%). The owner keeps the rest after operating costs. Another thing that makes this interesting is the expected cost of the vehicles themselves. Tesla has talked about the purpose-built Cybercabs costing roughly $25k-$30k and Elon told me production is starting in 1 month! If that’s even close to reality, a fleet capable of generating around $1 million per year could theoretically cost somewhere around $850k-$1M in vehicles. That ROI is pretty freakin good! Now to be clear, none of this is guaranteed. I'm just thinking out loud and sharing it with you... a lot still depends on regulations, how fast unsupervised FSD scales, demand in each city, insurance costs, and how Tesla structures the network. But if the system works the way Elon has described it for years, owning a Robotaxi fleet could become one of the most powerful forms of passive income I've ever seen. And I plan on sharing the numbers with everyone on 𝕏 when the day comes. Personally, that’s why I’m paying such close attention. Bc one day, owning a fleet of autonomous Teslas working for me 24/7 might be the modern version of owning a rental property, except instead of tenants, you’ve got robots driving people around all day while you sleep. This next book of Tesla is going to be so exciting!

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OAK ROAD
OAK ROAD@oakroadcap·
@SinaiLawFirm Do you think something has changed? Or was it just a good day?
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Real Estate Lawyer
Real Estate Lawyer@SinaiLawFirm·
The eviction judge denied five straight motions to vacate the judgment and stop the lockout We are so back
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Moses Kagan
Moses Kagan@moseskagan·
Have been trying to get YIMBYs to understand the following, so far with limited success: Every developer of rentals is either a future landlord or intending to sell to one. If you want them to build, you need to give them some reasonable level of confidence they, or the people to whom they sell, will be able to run the buildings profitably for decades.
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OAK ROAD
OAK ROAD@oakroadcap·
@BraedenSorbo @grok can you please share the clip from the Super Bowl where the music is removed and it’s just his vocals?
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Braeden
Braeden@BraedenSorbo·
I thought this was a joke at first, apparently it’s real. This is Bad Bunny without autotune. At a concert in 2023, the accompanying track went out and all he could hear was his in-ear monitor so he kept going😭
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AWP
AWP@penant09·
I was in the @Chase Sapphire Reserve queue for tickets for @FIFAWorldCup tickets and now the screen is this. Chase devalues points, tries offering this perk and screws it up. @ChaseSupport
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PPE
PPE@planert41·
Waking up every hour (like 6-7 times at night) 2 days in a row. Completely wrecks you. This is why ppl say you should have kids younger 🤣 Really hoping tonight will be better
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Real Estate Lawyer
Real Estate Lawyer@SinaiLawFirm·
@moseskagan I’ve seen so many lives of people who made life decisions based on their rent controlled apartments. No kids, stayed in mediocre jobs, life on the back burner But they have a $500/m studio on the beach. Living month to month
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Moses Kagan
Moses Kagan@moseskagan·
Regular readers know I have occasionally written about how rent control warps lives. Here is the second paragraph of a Times article about a very screwed up apartment Mamdani visited in NYC this week. (Redacted the tenant's name bc I don't mean this post to be an attack on her. Am also not defending the owner of the building; running buildings with low rents is very tough, but it doesn't seem like they are doing their best.) All of that said: Note the number of people living in the *studio* apartment and their ages. If this were my family, we would have moved out (if necessary, out of the city) long ago.
Moses Kagan tweet media
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BRICS News
BRICS News@BRICSinfo·
JUST IN: 🇨🇳🇻🇪 Chinese officials arrive in Venezuela for talks with President Nicolás Maduro.
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Shawn Gorham
Shawn Gorham@shawngorham·
I dont think Buck Mason has ever had a sale Which had me thinking, what do they do with stock that doesn't sell through?
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OAK ROAD
OAK ROAD@oakroadcap·
@SinaiLawFirm Their response to us pointing this out is “Well, we don’t turn anyone away…”
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Real Estate Lawyer
Real Estate Lawyer@SinaiLawFirm·
Why is Eviction Defense Network in Los Angeles spending taxpayer $$$ helping a tenant I am evicting who is renting a $1m townhouse for $4000/m?
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OAK ROAD@oakroadcap·
@SinaiLawFirm One of our tenants was in the south of France while Bet Tzedek was filing motions on his behalf.
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Real Estate Lawyer
Real Estate Lawyer@SinaiLawFirm·
The fraud happening in Minnesota is the same thing in CA and the same thing nationwide Local gov throwing money at a problem Zero means testing Good intentions Programs are used mainly to enrich bad actors No accountability Working middle class pays the price
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Real Estate Lawyer
Real Estate Lawyer@SinaiLawFirm·
The unaffordable homes in the best part of your city are being purchased by mostly millennial couples, not rich boomers Don't take my word for it look at recent sales and check the names on title
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Hater Report
Hater Report@HaterReport·
Who at this table getting up for Wemby??
Hater Report tweet media
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Joe Cohen
Joe Cohen@CohenSite·
@VictorStrongest Yes, you can, but it's expensive. If you're near the max of your DSCR, it will be hard to finance.
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OAK ROAD
OAK ROAD@oakroadcap·
@AmitSegal @grok have the Netherlands, Spain, Ireland, or Slovenia ever won the Eurovision contest, and if so, when?
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Greg Baroth
Greg Baroth@gbaroth·
Id love to know how the leasing is going for these $4k a month 1 bedroom apartments above a Vons in Santa Monica
Greg Baroth tweet mediaGreg Baroth tweet media
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