jonlange

@mstockton TY for a great post. Do you suggest a macbook vs a PC for any particular reason(s)?

By far my biggest advice to anyone trying to adopt AI properly: 1. Pay a little bit of money to Anthropic 2. Download Claude Code 3. Open Claude Code 4. Press 'Shift-Tab' until it says 'plan mode on' 5. Open Voice Memo on your iPhone. Just talk about all the things you want to accomplish. When you think you are done, just keep talking. Make sure it is at least 10 minutes, hopefully longer 6. Send this Voice Memo to your computer 7. Download MacWhisper and use it to transcribe this voice memo. Trust me, you will want MacWhisper and will use it later a lot 8. Type into Claude Code: "I have never used you before but I talked about some things. I will paste those things in below. Please read the things and ask me any questions you need to in order to help me figure out how to use you to be awesome. Ask me lots of questions until I tell you I am done" 9. Then paste in the transcript 10. Then press enter Then just let Claude take the wheel, and them please send me a DM if this works. Also, if this just sounds crazy, just literally take this entire message and paste it into whatever AI you are using and say 'some weird person told me to paste this into you, I want to use it, but I don't know how. What should I do?' I am just trying to help you get started. Curiosity and persistence are the most important things.

@EllliotttB @realEstateTrent Bizarre to think back 10 years ago, we’d be saying “coastal markets, yikes” today

@jonlange @realEstateTrent Coastal markets, yikes

I’m in total disbelief. I left this city a few years ago after spending my entire adult life here. I’d given up on the idea that what I’m seeing right now would be possible in my lifetime. I’m shocked to type this, but has San Francisco become the cleanest big city in America?

@realEstateTrent Lender illusions are slowly meeting realty

Cap rates go from 4% to 6.5%. No big deal, right? Just a 2.5% move? Nope, that’s a 38.5% crash. Put down 30%? You’re completely wiped out. But everyone reading this understands basic commercial real estate math and already knows this.

@jspujji DECK

I bootstrapped Ampush to ~$30M in annual revenue with exactly one sales rep doing pure outbound. The wild part? That rep delivered the same 14-slide deck more than 800 times, word for word. I just dug the deck out of my Dropbox. It’s almost embarrassingly simple. And it flat-out worked. Want a copy? Comment DECK below and I’ll send you the slides that took us from $0 → $20M. (make sure we’re connected)

@realEstateTrent Love your perspective. Wise people change their mind when it’s right to do so. Good for you.

Every night before he goes to sleep, he puts his monster trucks on the chair next to his bed -- it's an area reserved for his favorite things in the world. Last night we noticed he made a couple of additions to that chair: Two baseballs from his big day with his dad.

I understand the potential consequences of spoiling kids. But the truth is, I've been holding back way too much. We simply have no idea what will happen tomorrow - and I've decided to adjust the way I experience life with our 5-year-old. So yesterday, I changed things up.

@acquisizioni Which method is more accurate?

Rent Comp data source: I: realpage, aptIQ AND Yardi accounts FO: property website

It’s been about a year since joining an institutional (I) multifamily developer after 5 years doing the same thing at a family office (FO). Here are the differences I’ve noticed so far: 🧵

@_4lex_4 @RampCapitalLLC Or…@EllliotttB ?

@RampCapitalLLC Maybe it means he’s about to launch a “long main st short wall st” SPAC

What does this even mean lol

@resetbasis I don’t believe it. @EllliotttB…please advise 🙏

Check on the market: Class A high-rise in Nashville, new construction. - 40 offers - 7 groups in a bidding war - will sell at an in-place 4 cap Wild stuff

Steve Jobs email he sent himself 13 months before he died. Whenever I re-read this, I regret waiting so long to have read it again.

I used to think I was rational. Then I read Daniel Kahneman's Nobel Prize-winning work on human decision-making. He routinely asks 8 questions to expose cognitive traps you fall into daily. Test yourself with these questions (it's the ultimate BS detector for your brain):

@jmwass @realEstateTrent @DallasAptGP Like this 💥

@realEstateTrent @DallasAptGP At your service.

PropTech world🗣️ Who's building cool stuff I need to be aware of?

@realEstateTrent This is truth

Navigating "real estate speak" isn't easy. Here's a helpful guide I put together: "Trophy Asset" = Overpriced "Generational Asset" = Way Overpriced "Unpriced" = We have no idea what it's worth "Improved Pricing" = It's less of a ripoff now "Off-Market" = Everyone's passed on it already "Seller Will Carry" = No bank is touching this "Bring All Offers" = My seller's nuts, so lowball me "Perfect for 1031" = Perfect if you want to overpay "Distressed" = Not distressed "For Sale By Owner" = For sale by ego "Below Replacement Cost" = Meaningless filler words "Leasehold Interest" = You're not buying real estate "Brand New Construction" = Rents are inflated "Not a Cap Rate Deal" = Not a good deal "Grocery-Anchored" = Grocer owns you "Covered Land Play" = Overpriced dirt

What’s the most accurate count of CRE debt coming due by end of 2026 or 2027? @EllliotttB @realEstateTrent. “Credible” sources claiming vastly differing numbers.

@EllliotttB The blue pill tastes better than the red pill

Wish I could be the allocator who invested with both baupost and Brookfield and just sees the deal move from one quarterly summary to another

@packyM Who is the best gene engineer to date?

Musk is the best atoms entrepreneur of this generation. Zuck is the best bits entrepreneur of this generation. Still TBD how well each can cross over (Quest & Twitter). Fun to watch.

@roundhouse208 What’s ballpark value today?

@jmwass Who’s winning the coworking / flex race?

Some folks got the memo

@jonlange Yes, the federal reserve would bring certain buildings on balance sheet, mostly the ones that I own

Decent start but obv benefit weighted towards coastal elite ownership in primary mkts while (as usual) those of us in flyover states are an afterthought. I would highly recommend the Fed consider further liquidity support through open market acquisitions of Class A midwest office