JonathanMiddlebrooks

@robbiehendricks I have a friend who signed up for a deal last year with 3.5% cash on cash and an 18% IRR fully dependent on exit. You are crushing man. Protecting capital, providing income, watching the clock ready for exit if needed.

Finished the quarter at an average 8.1% cash on cash for our stabilized portfolio. Slightly lower than we'd hoped, but not surprising given we ran some one month concessions on some of the properties. As the concessions burn off, I'd expect a better Q3. Onward.

Holy Cow. Silicon Valley is discovering CS Lewis?!

Elon buying Twitter and restoring free speech was unironically one of the most pivotal moments in the 21st century Its effects will be studied for generations

@resetbasis @robbiehendricks

100k followers. No more real estate content. From now on, this account is focused on parenting advice, peptide stacks, courses, and vague posts about hustling.

Incredible what @jakobdiepen and friends are building in El Segundo. Most of all stirring hope that this American project isn’t dead but entering a phase of renewal!

This is just false. At $5M you can't even quit your job. at $50M you can spend $1M per year and still grow your wealth.

🤣🤣🤣

@MrNQDC Can you exchange into the fund and then use a gifting strategy to kids?

Both avoid triggering capital gains tax …if you follow IRS guardrails Both defer tax Neither eliminates tax forever The names sound similar What you already own decides the answer

$12M in Apple stock $10.5M of gains Sell Trigger a massive tax bill Hold Bet your wealth on one company “Just exchange it” But “exchange” can mean 2 completely different strategies The unlock was knowing which one to choose ↓ ↓ ↓

@MrNQDC @DallasAptGP Yeah, wasn't trying to say it was. But in that scenario it's a really good strategy. Lot's of ways to skin the tax cat.

@jbrooksokc @DallasAptGP OZ is one strategy But not the whole tool kit

Send your money to @DallasAptGP

@MrNQDC @DallasAptGP If you have that kind of crazy tax burden and can work with a sponsor like @DallasAptGP in an opportunity zone I would call that the king of tax deferral AND avoidance.

@jbrooksokc @DallasAptGP Real estate is not the king of the tax deferral kingdom Those guys taught equity investors a thing or two

The world would be better off if all non-profits closed and donated all their assets to this effort. Then all foundations closed and did the same thing.

A chunk significantly bigger than the green chunk don’t even have internet. Their first access to internet with Starlink may come default with Grok. Imagine talking to Grok being your first internet experience 🤯

I cancelled my Claude subscriptions in exchange for Grok 4.5. Far cheaper, faster, and just as good for my use cases. COMPETITION IS HEATING UP!

This is literally the movie Dune come to life.

Palmer Luckey on the question he asked his billionaire group chat Palmer is asked how he feels about billionaires who have sold their companies and are now cruising the Mediterranean on their yachts, rather than betting their fortune to make the world a better place. He responds: “I’m in a group chat called ‘The B-Boys Club.’ It’s all boys who have sold a company for at least a billion dollars… It doesn’t exclude women. Women would be allowed. It’s just thus far only boys have applied. And for years — all the way back to when I sold my company and got invited to the B Boys Club — I’ve tried to shame people: ‘You have so much money. Why are you not doing what you know is the right thing to do with this capital?’” He asks them: “Are you going to be Batman or are you going to be you?” Palmer has succeeded in changing the thinking of some members. Others have replied that racing old vintage race cars is extremely fun. “I’ve paid my dues Palmer,” they say, “I’m not in it to stress like used to when I started my company.” To Palmer, money is just a small part of it though. These people could leverage their intelligence, network, and reputations to affect tremendous change: “Why was I able to start Anduril? Money was a small part of it… People believed in me because I was proven founder who had started a multi-billion dollar company that successfully exited. That makes it easier to recruit people. You’re in a position to do what no amount of money alone could do. You could take some guy off the street and give him $10 billion, but he won’t be able to accomplish half of what some of these people would be able to accomplish… [Reputation] is a free resource. You don’t even have to spend you’re money.” This is why Palmer hasn’t done The Giving Pledge: “When you pledge to give away your money, what you’re really saying is, ‘I think other people can do more good with my money than I can.’ and ‘I think my view of the world will be more competently executed by others than myself.’.. Maybe there are people who are truly mentally and physically not what they used to be. But for many people, I think they could absolutely achieve their goals better than handing it to a non-founder or NGO.” He continues: “My thinking is I’ve got a view as to how the world should be, and I don’t think that there’s anyone else who’s going to more-faithfully execute on that than me. When I’m all old and used up, maybe I’ll change my mind.” Source: @PeterDiamandis (May 2025)

@robbiehendricks Yeah, I mean that’s probably not the most charitable view but it’s been crazy to see how fixed that group became. And then how much of it was based off zirp vibes.

@jbrooksokc Oh so I wouldn’t have fit in regardless

250 years ago, a small group built something the world had never seen: America. 🇺🇸 That spirit never died. In 2002, @elonmusk moved into a warehouse in El Segundo and proved Americans could still build the impossible. A generation of companies was born from that building. They're still being built here today. If you're building something your family and your country will be proud of, come to the Gundo and build what you need to. Apply for the Fall Cohort below. Deadline July 17th. Featuring @jordannoone and @jordan__black

@JLopas Let’s get going in Oklahoma!

Agreed, pretty awesome. Plus, the battery is made right here in Austin!