Denis Kalic

As an operator of an AirBNB business that does well over $100k gross a month, I think AirBNB Arb’ers and small hosts are going to be royally F’ed the next 12 months, if they aren’t already. Here’s why: - High Rates / Rents / Prices of Homes - Oversupply of listings - Weakening demand - Rising labor costs - Shift back to hotels - Here is the kick in the crotch: rise of guests realizing they can incessantly complain about anything and get back massive money per booking and nothing you can do as a host!! What I think that means for hosts: - Arb’ers will fail bc of compressed margins that were already pretty tight - Mom and pop hosts will realize it’s not worth the headache and cease operations and shift back to LTR The good news is that if you can hold it together you may over long term actually do very good when supply of listings drops, guest demand returns, and AirBNB realizes that it needs hosts and corrects the system. Drop your thoughts 👇

@Rory_Talks_Ball Is nothing a foul against Erling because he’s a very big man?

Does Bernardo Silva just get away with everything because he’s a small little man?

@GeronimoMorgans This was a multi-denominational post!

Walahi Savinho failed to score on an open goal? Jesus man.

@rajsinghchohan When I think of physical and burst it has to be Yaya.

Guess who (former Premier League midfielder is your only clue)

@Kasemiireraquel The world would erupt into a nuclear war. I’m pretty certain.

What happens if United wins all the remaining games then Arsenal and mancity loses all??

@bkavoussi @BillAckman There will never not be a shortage in NYC. You couldn’t build enough to alleviate a shortage. It’s not like Texas cities. It’s a small land area and it’s incredibly expensive and hard to build.

Unfortunately, there is a severe housing shortage in NYC, so the idea that there are so many apartments sitting vacant in NYC is offensive to many ordinary New Yorkers trying to make a living. Zohran should be doing more to allow new housing construction, but there are too many apartments sitting vacant as investment properties, not as places to live.

Non-residents who spend millions of dollars on NYC apartments help drive NYC’s economy. Most of the profit in condominium development is in the penthouses. The Ken Griffins of the world make NYC high end development viable, driving high-paying construction, brokerage, legal, marketing, and other jobs in NYC. We should be applauding Ken for spending $238 million in NYC, not attacking him for doing so. Importantly, non-resident owners of NYC apartments who leave their apartments vacant for much of the year are not a burden to NYC schools, services, or other resources while they drive growth in retail sales, restaurants, theater, and other important drivers of our economy. They also often support NYC non-profits with donations. Ken’s company is a major employer in NYC of very high paying jobs which drive a considerable amount of our tax base. We wouldn’t want him to move even more employees to Miami. These non-resident owners also already pay a lot of taxes including mansion taxes, real estate taxes, sales taxes and more. While @NYCMayor Mamdani likes the tag line ‘Tax the rich.’ Unfortunately, his policies will harm the constituencies he is supposedly trying to help. I can’t imagine the NYC construction unions are excited about his plan.

@SkyBet For anyone saying Bernardo last… Please explain why!

Rank these Manchester City midfielders from best to worst 👇 🩵 Yaya Toure 🩵 Kevin De Bruyne 🩵 David Silva 🩵 Ilkay Gundogan 🩵 Bernardo Silva

@EYakoby @kdgt This is propaganda. Plenty of Muslims gladly coexist throughout the world. Look at NYC. Most Jewish-heavy locations outside of Israel and Muslim-Mamdani won the Jewish vote over an Italian Cuomo.

Hamas commanders: “Our issue is not just Palestine, our issue is killing every non-Muslim. We will pursue Jews and Christians all over the world. Either they convert to Islam or we’ll kill them!”

@Michaelfiore I live in NY and my whole backyard is turf. Everyone called me crazy for doing it, now everyone loves it. Looks beautiful year round, doesn’t require a landscaper, and if you have kids they don’t get dirty playing and rolling around in it! Plus I save on water bills!

A couple just came in asking if we sell stuff like this. They’re fed up with real plants and apparently her sister already converted to UV stabilized fake plants and “you can’t even tell they’re fake!”

@robbiehendricks This is me, but I did leave the job. I can tell you that leaving the job made life easier and less stressful.

I met with an early 30s real estate investor a few weeks ago for coffee. Probably has a $4 million net worth. Combined with his real estate they make about $500,000 annually. Owns 50 units by himself. No investors. Still works a full-time job. Wife still works. Good jobs. Couple young kids. And he thinks he’s behind. Thinks he needs to go bigger. Compares to big firms. Worries he not going fast enough. Asked me if I thought he should quit his job and “go all-in”. Here’s what I told him: 1) You’ve already won. You are crushing it. Take a minute to reflect on how unbelievable your life is. On track to a $10-20M+ net worth by 50 on cruise control. 2) Don’t get addicted to growth - remember the real estate is supposed to serve you. 3) Bigger isn’t necessarily better. Don’t romanticize bigger firms. There are trade offs to scaling. To taking investors. To taking on more debt. It isn’t all sunshine and lollipops. 4) Think long and hard about what you want. If you want to keep scaling up, recruit a manager to start. Highest and best use for him is sourcing good deals, not collecting rent. 5) Said if I were him, I wouldn’t leave a high income, low intensity job unless I had a very clear plan for what I wanted. That’s major security. Think through your goals intensely. Make sure the trade offs are worth it. No matter what he does, he’s made it. I’m happy for him. And to do so while working a job in his early 30s? Just amazing work.

@Arsenal Arsenal has a chance to set a record this season with a 2nd place finish! No team has ever, in English top flight history, finished runners up four times consecutively. Epic.

Full-time at Emirates Stadium.

@recap_david Renovate

I turned a Zillow listing into a cinematic property renovation video for $15 (no camera, no drone, no film crew) Just listing photos + Calico AI. Most agents are paying $100-$500 per property for videos at this quality. Offer this to realtors in your area and print money. Here's how the workflow breaks down: → Grab listing photos from any property (Zillow, Redfin, take your pick) → Lock in one consistent renovation style across the whole house → Generate photorealistic after-renovation images → Animate the transformation in every room → Build a cinematic closing shot with the realtor's contact info → Drop in a custom music track → Stitch it all together The result: a scroll-stopping property video that gets buyers dialing — built entirely from photos that were already on the listing. No videographer. No staging budget. No waiting around for golden hour. Comment "RENOVATE" and I'll send over the full workflow + every prompt + a step-by-step walkthrough video (gotta be following so the DM goes through!).

@sweatystartup I’m realizing this now. But you take time to re-organize yourself, your properties, and everything else.

In the real estate business you can always count on 3-5 year stretches where not much happens. No refis. No buying sprees. No sales. Just put your head down and operate your properties well and wait for the next cycle.

@hubermanlab There’s definitely a few code violations the building department is going to require the owner to fix after watching this video.

93 years & 231 days old Ann Esselstyn dead hangs for 2 min 52 seconds! To set new WR. (Maybe we call it live hangs instead now?) Distal strength reflects many things.

@jasonjosephlee Seeing the same thing. I think it’s because these prolly never actually did productive things, but were just benefactors of easy times..

People in real estate are dropping like flies right now So many brokers are starving So many syndicators hanging up their cleats So many service providers are begging for work

@ChrisRamsey60 That’s honestly better than one or two of my worst units.

The worst part of self storage.

@bryan_johnson In your longevity experience, would you consider X filtered to educating posts on AI, tech, or finance the same pollution?

Finished a seven day social media fast. It feels like the most effective longevity therapy I've done. Everything got better: mood, sleep, energy, presence, judgment, relationships, and optimism. Evidence shows a seven day fast produces a reduction of anxiety (16%), depression (25%) and insomnia (15%). The effects felt bigger. Conversely, dipping back in, I can viscerally feel that my body metabolizes social media similarly to a fast food meal, corrosive relationship, hangover, and sleep deprivation. My body hates it. After the previous fasts (40/hr and 70hr), I wrote that social media is pollution.  Not a vice or guilty pleasure. It’s closer to water toxins, air pollution and microplastics. This time, the major insight was that social media is a form of intoxication. Alcohol is honest intoxication. It clearly tells you what it's taking from you. Social media on the other hand does not disclose itself as an intoxicant. It produces the sensation of being informed, engaged, and connected while quietly evacuating your capacity for depth and independent thought. You don’t feel drunk, you feel current. But evidence shows that it causes your brain to shrink. The impairment is real by you can't feel it. Making it the more dangerous type. If you haven't tried it, I strongly encourage you to try a social media fast. Even if for one day.

@realEstateTrent Deep admiration and respect thanks a while to build. You can’t look for that from the beginning

Was recently having a conversation about marriage, and the other person said that having things in common and having fun together are among the most important parts of a marriage. Of course those things make the relationship wonderful, but they’re not what keep people together and happy over the long run. I think the real key to a truly successful marriage is that both people deeply admire and respect each other. I don’t think enough couples think about this when they get married. Many are having a blast together and have great chemistry, so they assume that will be the driver. But marriage is long, and life inevitably brings different seasons. To make it truly great, you have to genuinely look up to the other person.

@loganjrankin Truer words have not be spoken in a long time.

If you aren’t good at managing stabilized multifamily, you have no shot trying to execute a value-add strategy at the same time. Managing stabilized multifamily vs. unstabilized assets is a completely different game. The time, strategy, and capital required aren’t even close. What’s often understated is how hard it is to run a construction and rehab strategy while also dealing with vacancy loss, re-leasing units, legal, and managing current residents at the same time. You’re essentially running two businesses at once.

@JRs_burner @HiddenCreek @ChrisRamsey60 As someone who’s done what he’s suggesting, I agree.

@HiddenCreek @ChrisRamsey60 Something tells me you’re not being sarcastic, and that’s concerning

Do you ever just sit back and think to yourself there’s gotta be a better way than multifamily to make money in real estate?

Candiace threw two throwaway votes and not a single game or other contestant could figure out how obvious the move was. Instead they focused on getting out distracting but clearly not Traitor-esque players. I don’t think the issue were the housewives. Clear hive mentality amongst faithfuls and just weak individuals all around.

people are mad about this but to a degree they’re right. it takes away from the game when contestants act the way candiace has both IN the game AND on social media/interviews outside the game. it’s a GAME