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From 1 of 100 to 1 of 1: How Top CRE Producers Build Systems That Win blog.thebrokerlist.com/from-1-of-100-… via @warehousedenver
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Matthew Smith
19.6K posts
Matthew Smith
@CREMattSD
Turning CRE chaos into closed deals | Lean Six Sigma Black Belt | San Diego
San Diego, CA Katılım Eylül 2017
2.2K Takip Edilen10.3K Takipçiler
Matthew Smith retweetledi
California Abandons $250 Billion Study On Why It Has So Many Unfinished Projects buff.ly/Mv5cuBr
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I have typed out several snarky posts and hit the delete button before sending.
Restraint is difficult sometimes.
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If you didn’t love Jimmy seafood before you absolutely do now way to stick up for everyone Jimmy
Jimmy’s Famous Seafood@JimmysSeafood
@Variety Go fuck yourself
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This is OC - Laguna Beach is some of the best real estate in the world... this is the competition for units... white and grey???
A hill I will die on - better rehabs = higher rents (in So Cal)
For the same rehab costs better material selections could have been made
For a little more these units could have been epic
My wife has built an entire business around helping investors with rehab material selections
Dan Blackwell@dan__blackwell
Take a look at the before-and-after transformation of this Laguna Beach multifamily asset. Congratulations to our investors on an incredible result!
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@CREMattSD Lucky this is right off the freeway by my house. The chevron on the next block is $1.00 more per gallon.
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One of these days…
They’re gonna say yes.
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Impossible to hire litigators in SoCal right now. I’ve heard unemployment is less than 1%
Never a better time to go to law school than now
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It’s 2026…no more handwriting on leases!
That is all
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Getting an offer accepted in San Francisco feels like winning the lotto. It might take a few tries, but that win feels good.
Listing agent: what do they do?
Me: they’re in tech
Listing agent: no further questions
Accepted with no contingencies and an 18 day close. 🪄✨
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Matthew Smith retweetledi
I uncovered $500,000,000 in SEVEN San Diego CHARITIES annually... wtf are we talking about?
Mike Netter@nettermike
YouTuber Nick Shirley’s new investigation alleges $170 million in California daycare fraud, echoing Dr. Oz’s claims of a $3.5 billion hospice scheme in Los Angeles
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Agents don’t be like this.
Have your clients view the property first before negotiating.
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Alt-X (@downloadaltx) builds AI agents that turn real estate deal documents into fully built underwriting models in Excel automatically, with every number cited back to the source.
Congrats on the launch, @SamadiRyan and Michael!
ycombinator.com/launches/PjC-a…
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@KennyAlves94133 @TristenPalori Also, I don’t know one real estate operator that doesn’t underwrite their own deal anyways. It’s great to have you underwrite it, but then they’re gonna underwrite it anyways, whether they use Excel or Argus or us, whatever they use.
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@TristenPalori I have to agree. AI wrapped products like this will fail because under the hood they are just using anthropic or open ai. There IP is basically a markdown file.
Real Estate Operators will get better results building their own custom software
Custom tailored > One size fits all
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I’m a huge supporter of AI.
But here’s why this will fail.
Underwriting real estate varies by asset type, strategy, market, and several other variables.
There’s no one-shot software that underwrites a deal for you that actually valuable to a real investor.
And most investors can underwrite a deal with a few “back of a napkin” calculations.
Also, my $20/month AI can already do 99% of what this does already, and it’s tailored to my preferences.
Sorry, but this will fail.
Y Combinator@ycombinator
Alt-X (@downloadaltx) builds AI agents that turn real estate deal documents into fully built underwriting models in Excel automatically, with every number cited back to the source. Congrats on the launch, @SamadiRyan and Michael! ycombinator.com/launches/PjC-a…
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It’s getting harder and harder to cold call. Focus on building relationships and proving value.
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