Freeandclear

@ericstait @Hue_Chen Off market. Will likely be listed in the next few weeks

@freeandclearLP @Hue_Chen I’d be interested in seeing. Is it on the market?

I'm looking to buy shopping centers. At least $1 million of NOI.

@JakehellerAI For real. This might be my biggest flex now.

The fastest way to get an AI skeptical person hooked isn't claude... It's Wispr Flow. Voice AI. 220 words per minute versus 45 typing. It's easily measurable. You get formatted outputs. It works across email, Claude, texting, everything...

@MilesFeldstein Want to move so bad. What do you do out there? Will a non techy survive?

The duality of life since moving to sf

@ChrisRamsey60 Things are priced unreasonably. I go after multitenant retail deals in Texas and I can say things are trading at 6-7% caps without any room for value add consistently. Normally one - three deals a year will surface for us but this year dead silent.

Why aren’t you finding deals today?

@sama I’m not a huge tech guy but switched from Chat to Claude because it feels and is more work oriented. If you were to improve anything I think a UI for business oriented people as well as the model being less agreeable and more thorough and honest (Chat is to nice).

what would you most like to see improve in our next model?

@realEstateTrent Number four: responsiveness

Good lawyers vs bad lawyers

@realEstateTrent My belief is it truly comes down to cost of capital. People who have cheap capital can pay higher (sometimes people simply overpay), maybe the skill is bringing down the cost of capital.

It takes exactly zero skill to keep “winning” deals by offering more than everyone else

@twallyweb I feel for the LPs on that one

Area man learns about cap rate expansion several years too late

@realEstateTrent Agreed. I think some would argue that execution of value add plus long term hold is the real win.

I don’t believe in holding commercial real estate long-term. Doing so means you are relying on two things to happen in order to get appreciation: Interest rates going down, or rents going up I don’t have control of either. “Buy and hold” made many people look very smart, when what really happened was interest rates went down for basically 40 years straight. We can very easily see rates flat for the next 10 years - nobody has any idea. If that happens, you can’t make real money unless you: Find opportunity, use your skill and experience to create value, and bank the profit.

@bavedikian Please send!

I have 100 copies of Alex Hormozi's new $100M Money Models book to give away. If you want a copy, comment below and I'll send you a link to enter your shipping details.

@AdamB1438 Great content

Are you an investor in private real estate deals? As the "GP" of a small real estate deal (I'm actually the "managing member"), I just want to share something for the benefit of investors. This is a real sensitivity analysis from a well-known in GP in my asset (Class B industrial) and geography (Texas). It looks really nice, and I want to explain why it's basically worthless:

@BeardyBrandon About to close my first one. Hoping it gets easier.

Your first deal won’t make you rich. But it will change your life. Once you close that first deal, everything gets easier. Just start.

@kylematthewsceo Title companies are salivating at this post.

Year to date, Matthews has closed 200 escrows. That is roughly 8 escrows per business day, which is roughly a closed deal every business hour. We are coming up on our 10 year anniversary in a couple of months. It’s been such a wild, amazing and rewarding ride.

@excel_ranger It unfortunately works.

Have been texting him since August 2024. This is the first response. This is how I win

@AvivaRealEstate I don’t fully get the vapeshop hate, one of our centers has a cool wiggly balloon man.

The vape shop of industrial real estate is : Movers Or Granite cutting

@ChrisRamsey60 When you underwrite your self storage deals how do you determine stabilized occupancy?

Before every acquisition, walk the property and count locks and overlocked units and compare to the rent roll. Excessive maybe but, rather be safe than sorry.

With the 77th pick, the @Dbacks select Elev8 Academy (FL) right-hander Jacob Steinmetz, No. 121 on the Top 250 Draft Prospects list. Watch live: atmlb.com/3mDxJh0