Lucas Dahl

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Lucas Dahl

Lucas Dahl

@lucashd

Dropped out of college at 21 to build Rets AI. Documenting the journey daily

Austin, TX Katılım Ocak 2024
277 Takip Edilen1.2K Takipçiler
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Lucas Dahl
Lucas Dahl@lucashd·
I'm going to start posting on here so I'll introduce myself. I've been an entrepreneur since I could remember. Over time I became obsessed with two things, commercial real estate and technology. I started investing in real estate at 18 and built my own AI underwriting system in 2025 to analyze more deals than I could on my own. Shortly after that I realized how poorly the real estate industry was run, and that the system I built for myself could be built for the entire industry. A month later I started Rets AI. Raised my first round of funding while still in college and then dropped out. After that, I closed a $15.5M valuation cap raise, and am now building the AI-native operating system for commercial real estate investment firms. Excited to post the journey here on X.
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Lucas Dahl
Lucas Dahl@lucashd·
Diet regimen: whole foods only, eat one meal a day at around 2pm, limit to 750mg of coffee, only carbs from fruits or a little bit of potatoes once in a while
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Lucas Dahl
Lucas Dahl@lucashd·
It’s important to touch grass sometimes
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Lucas Dahl
Lucas Dahl@lucashd·
21-28 year olds have the best opportunity in commercial real estate right now. The AI platforms the industry is still figuring out are tools this generation has been using daily for four years now. That kind of fluency doesn't exist for someone learning it at 45 and it never will. But none of that matters if you don't understand real estate at a fundamental level. Deal structures, the markets, how to make your way into any room, how to build your reputation, and how operators actually succeed over the long run. It takes years and there is no shortcut for it. If you’re 21-28 and you dedicate yourself to mastering both, you will have an asymmetric opportunity no one else has.
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Lucas Dahl
Lucas Dahl@lucashd·
If you’re young and in commercial real estate the No.1 thing you should be doing is talking to more experienced operators. There is no other industry that has professionals who are so open to sharing their knowledge to the younger generation. When I was in college I’d spend hours every week talking to people in the industry and they were always willing to offer advice and even opportunities. Many of the people I’d gotten advice from became our first investors at Rets. If you are genuinely interested in the person you are connecting with, and you are striving to add value for them then you will be able to make a great network and learn a whole lot in a short period of time.
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Lucas Dahl
Lucas Dahl@lucashd·
@HowardRoark90 Hindsight is always 20/20! Taking principal is always a logical play on options
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Red Beard Real Estate
Red Beard Real Estate@HowardRoark90·
@lucashd Wish I had held on to both of the contracts Sold one to recoup most of my initial capital outlay and let the other one run Can’t complain tho, this one worked well Would have been nice if I had bet the fucking house on the trade instead of playing it safe 😅
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Red Beard Real Estate@HowardRoark90·
Some days I feel like I should pivot away from real estate and into options trading… 🙃
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Lucas Dahl
Lucas Dahl@lucashd·
There are three forms of leverage in commercial real estate. Labor: humans working for you. Capital: dollars working for you. Code and media: compute and content working for you. Labor and capital both require permission. Someone has to agree to work for you. Someone has to agree to give you money. Both have a real marginal cost. Both stop when you stop pushing them. Code and media don't. You can deploy a tool or publish a piece of content without anyone's approval. Once it exists, it serves one user or a million at the same cost. It works whether you are awake or not. In a world of non-linear returns, that is the leverage you want compounding for you. A broker building a following on X is generating leads in their sleep three years later. An operator who builds an AI tool that underwrites their submarket has a product running 24/7 that pulls in deals on their behalf. This is still contrarian in CRE. That is exactly why positioning yourself here now is so valuable. If you are in CRE, take the step forward towards code and media.
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Angelo
Angelo@angelo_CRE·
@lucashd @_apryor Agreed. We are betting on this when scaling our brokerage team across the country
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Lucas Dahl
Lucas Dahl@lucashd·
@TrailerParkGuy 21 is the earliest you're in CRE. 28 is the upper end of growing up with this tech. This is what you call a window
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Pat Carino (d/b/a Acquisizioni)
Easiest / free way to make a website? I already own the domain. Need a simple site to lay out some facts and collect emails for a site I’m am trying to get approved.
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StripMallGuy
StripMallGuy@realEstateTrent·
What's your next move?
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Lucas Dahl
Lucas Dahl@lucashd·
Best Whoop feature by far
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Lucas Dahl@lucashd·
If it doesn’t have a timeline it doesn’t exist
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Lucas Dahl
Lucas Dahl@lucashd·
Below is a framework I developed some time ago that walks you through how to implement AI in a way that actually works. With AI everything seems possible and the noise erodes the value. With everything, strive for making it as complex as necessity and as simple as possible. rets.ai/blog/ai-traini…
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Jake
Jake@JakehellerAI·
We built the most powerful technology in human history and many in commercial real estate are using it to rewrite capital call emails
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