Business Engineer 🏨🛒👷🏢

1/ Interested in how hotels set rates? Time for a 🧵on revenue management. This is my favorite part of hotel operations! Let's go....

California sucks for business- regulations, crime, homelessness, taxes etc. But for some reason I know 100s of self made millionaires here 🤔

New technology is neither good nor evil. It’s just a tool. So many people won’t touch AI because they think it’s “evil” or they’re worried about privacy — all while their entire life is already on social media and their phone.

First product ever that needs no manual, no course, and no one to show you how. You just use it.

Multiple friends I spoke with recently, who have businesses that generate millions of dollars in revenue, have said they have never heard of Claude.

I was at a family lunch and my aunt said that in the near future, they will have courses that teach AI in college. I responded saying because of AI there will be no more college!

I asked my corporate attorney to draft an entity document for my business and he told me to just use Claude!

@Budgetdog_ Seriously, this is an underrated banger of a quote

If you’re working all day, you have no time to make money

@moseskagan Tempered?

Replacing a broken window in LA this week To pull the relevant permit, I have to sign and notarize some kind of declaration To replace a window Lol

@CaseyMericle 4 Hour Work Week -Ferris

What if everyone on REtwit listed one book that changed their life Maybe someone put a count together at the end to see the wisdom of the crowds That’d be cool

With the new administration, there will be a disruption in the economy. The way money flows through the economy is changing. Eventually the money and wealth will be redistributed back to the people instead of the rest of the world and special interest groups. Bullish on 🇺🇸!!

@MaxFisherCRE Being a mother is the most important and toughest job out there!

Spent time in Jackson Hole last year. Labor market is tight, mostly done by illegal immigrants. Asked one if he worried about ICE. He said, ‘No, ICE came 10 years ago, and all the businesses shut down. A local billionaire made a call, they brought us back. ICE hasn’t come since.’

RE: LA FIRES Another issue is if you had a home with a 2.75% interest rate and you rebuild, your new rate is going to be in the 7s. No one is talking about this. Also good luck getting fire insurance.

Re: LA FIRES: One thing people are leaving out is how many of the people who lost their homes are even capable of building a house from scratch. I've done it and it's no joke. Maybe 5 out of 100 can pull it off.

@realEstateTrent HOTELS

What’s the least passive real estate investment?

@realEstateTrent Always help the little guy! He won't ever forget you

Don't call the senior broker listed on top of the brochure, call their junior agent. They'll get right back to you, take the time to answer all your questions, and they'll tell you what deals are coming up. It's a major shortcut to get same info.

@gas_biz TWEET OF THE YEAR!

@realEstateTrent Worst way to learn RE; go to college Best way: read all of @realEstateTrent posts

Last week I had the honor to speak to graduate students studying real estate at NYU. Many had already spent a few years in real estate, and now going back to school to take their careers to the next level. The professor asked me what advice I'd give them.

@Budgetdog_ The upside of how much you can make is unlimited the downside of how much you can cut is limited

Making an extra $2,500 is 100x easier than cutting $2,500

@realEstateTrent In the 80s, my dad took a real estate class. When asked why he wanted his license, he said to invest in real estate. The instructor replied, “Get the hell out of here! No one will deal with you if you’re licensed; they don’t want competition.”

Nothing has less to do with anything than the real estate license exam