Bo Stratton

@GrulkeLamonte Where at?

Getting ready to start this affordable build. 2/2 1ksqf. Any guesses on how much this will cost me to build?

@alittleleader AI will be sure to preface every potentially unconstitutional stop as a one that was initiated as a community caretaking function.

@KHendersonCo @SMB_Attorney @Sam_Rosati Good luck Kevin!

It's with a heavy heart that I announce that I've made the difficult decision to step away from SMB Law Group. When @SMB_Attorney, @Sam_Rosati and I set out to build a new kind of law firm almost 4 years ago, I never dreamed where it would take us. And where it has taken me is to into the searcher seat myself, having recently closed on the acquisition of @SupremeWrapsDFW. So as of today, I'll be stepping down as a partner of @smblawgroup and working full time with my wife as the operators of Supreme Wraps. Thank you all for your support and the wild ride these past 4 years!

@dig_deeper1 My old landlord in Santa Clara, CA, bought 80 foreclosures in Vegas in 09/10. He told me he didn’t pay over $8k per house. He held them all as well. Crazy.

Who sold houses in 2005-2007 and bought a lot of houses in 2008-2010 and who of the same people bought houses in 2018-2020. Those folks made a killing. Timed the market perfectly

Good analysis but homeownership is about so much more. Comfort knowing your the landlord won’t be selling or creating a reason to uproot you from your home is a big one. Had friends settle into a beautiful home, financially made more sense. Well one year in the landlord sold and another $25k in unplanned moving costs and the stress of moving while juggling careers etc was devastating.

I'm doing some back of the envelope math on buying vs renting. Say you buy a $1M house with 20% down at about 6% mortgage rate and plan to stay there for five years. Your principal paydown in the first five years is about $57,000, but you've paid about $230,000 in interest. You've also paid roughly $100,000 in property taxes, insurance, and maintenance. Say the house appreciated 2.5% every year — so when you sell it's worth about $1.13 million. Your all-in costs to sell are about 7.5% — brokerage commissions, transfer taxes, attorney fees, title insurance, and the inevitable post-inspection negotiation. On a $1.13M sale that's about $85K in fees. So you net about $1.046M. You still owe $743K on the mortgage. You walk away with about $303K in cash — your $200K down payment back, your $57K in principal, and about $46K in net profit from appreciation. Your non-recoverable costs — interest, property tax, insurance, maintenance — were about $330K over five years, or about $5,500/month. That's your effective rent. But you "made" $46K selling, or about $770/month — so your effective rent was about $4,700/month. Not bad, but you tied up $200K for five years to get there. And if appreciation was 1.5% instead of 2.5%, that net gain basically disappears and you're paying $5,400+/month in effective rent. And this assumes there's appreciation at all — and that something doesn't go wrong with your house that needs a major remodel or repair. On a five-year horizon at 6% rates, you need everything to go right on appreciation just to make ownership competitive with renting. The transaction costs eat most of your upside. What am I missing? Anything?

The wild card is the protectionism of the rule makers. AI is advancing rapidly and the firms are scrambling to keep up but our state Supreme Court will become protectionists when the breadth of the disruption becomes clear. Also, I think everyone on here looks at the law as beings all transactional. My discovery videos (often 3 officers for each alleged crime) CANNOT ethically be analyzed by AI. AI cannot argue 4th amendment cases before our appellate courts. And it won’t be persuading juries anytime soon.

The legal profession's instinct toward every major disruption has been to deny, then dismiss, then panic, then adapt too late. AI is not going to follow that same slow timeline. The window to adapt on our own terms is open right now. It won't stay open.

@DietCoke_Esq I think there’s a small chance they end up adopting the NextGen Bar exam. I think CA and NV are the only holdouts. 🤷‍♂️

And/or take the California bar!!

@robbiehendricks My late brother had a saying he shared with me often - Take time to make time.

One of the better pieces of advice I can give you for quality of life improvement: Examine how frequently you feel like you are rushing…and get control of it. When I started clocking this, it was pretty bad: I rushed my workouts. I rushed showering in the morning. I rushed conversations with my wife. I rushed playing with my kids. I rushed my cup of coffee. I rushed getting them ready for school. I rushed picking up their toys. I checked my watch at church. Hell, I even rushed on vacation. Everything was a hurry. I always felt like I was behind on something…but never sure of exactly what. When you start assessing this, you realize a couple things. First, you can’t use ambition or relentless productivity as an excuse. You really are no more productive because you are rushing around. In fact, I found I was less productive and more scattered because I felt like I had to keep hurrying up, the next “thing” was always calling me…even if I wasn’t sure what it was. Second, you find you are not enjoying anything…at least not nearly enough. You aren’t being present enough with your kids, you aren’t getting the best workout you can possibly get, you aren’t nurturing the relationship with your wife, and you aren’t doing your best work for your business or career. You are constantly distracted by the next thing that’s clamoring for your attention rather than dominating the thing that’s in front of you. Your to-do list is always taking precedence of what you’re doing at the moment. It’s borderline neuroticism. I learned this behavior from my mom - she was always moving, couldn’t slow down (still can’t at 78). She was a corporate woman, and I still have memories as a child of her heels pounding around the house at 6 AM. Rushing breakfast, rushing goodbyes, rushing conversations. I found myself duplicating that energy as an adult and parent, as if that rushing and frantic energy is what somehow equates to productivity and success. It doesn’t. It reduces your quality of life. Maybe some of you have a much healthier relationship with “hurry”. And that’s great. For me it’s a character trait (or habit, possibly) that I still have to examine and manage today. Like all things, the first step is awareness. The second step is to focus, and slow down. Remember: Slow is smooth, and smooth is fast.

@shawngorham I’m curious who is reaching out from the attorneys or on their behalf this is highly frowned upon under our model rules of professionalism and not a complaint any atty would want to defend in front of the Bar disciplinary board.

Wife and I got into a car accident last week (rear ended) We have been the the Dr a couple times (still so sore) Now I have PI attorneys and "Chiropractors" calling me daily - meaning someone is creating lists of leads and selling them. Imagine having a worker in CA have an accident and get hurt - an attorney will be hired by the end of day.

I’m curious what Bar Prep programs at Washington, Oregon, Idaho, Missouri, Connecticut and Maryland law schools are advising their 26 graduates. Bar passage is always an intense insane ritual that is often 400 hours of intense studying. But if there’s only 40 hours of study material it will be a confusing and anxiety inducing period for these test takers.

I have a feeling the first exam in July will be very very similar to the practice material NCBE has recently posted online. For the very reason you point out Michaela. If it was significantly different and pass scores were low it would be a bad start to NextGen and NCBE doesn’t want that as they also know there is very little other prep material as none of the prep companies have seen an exam yet, they only have what everyone has that NCBE has shared.

"A majority of California’s state bar leaders appear opposed to adopting a multistate bar exam in future years and instead seem poised to move to a unique California-centric test." #barexam law.com/therecorder/20…

@BarExamTutor One example: Justice Gorsuch didn’t exactly say Lemon was overruled in Kennedy but most would consider Lemon bad law and Kennedy controlling.

I might need to update the Con Law chapter in the bar prep book I wrote. I feel like some things I probably wrote about the Establishment Clause are a bit outdated. And this wouldn't be the first update.

I think Elon’s theory, that most things humans currently need and budget for will become abundant and essentially free, may very well come to fruition in the not so distant future. So thinking about his hypothesis at a high-level, if proven true, there has to be a major exception to this abundance and that is real estate. There are only so many lots in Malibu, Kauai, Aspen for example. Location is inherently scarce; you can’t replicate the same parcel (even if a team of robots can construct the same structure at the same very low cost), any particular parcel whether in Oklahoma or Hawaii is unique. If everything else becomes abundant, scarcity will concentrate in land. The best locations, think weather, access, uniqueness, may become infinitely more valuable, to the point where pricing them becomes almost theoretical. There won't be a value because the money from the sale won't improve the lives of the seller (remember everyone already has almost everything). That said the lead up from where we are today to where Elon predicts we will be in a decade will cause extreme upward pressure on the price of the best real estate. It could become 5x, 10x, 100x current levels as we approach this hypothetical world of abundance. I think about this a lot, generally while I'm being toted around in a car that drives itself (which is hard for the me of 10, even 5 years ago to even think even a possibility. But one that very much has come true and has truly changed my lifestyle). Hence why I tend to believe when the person who created that reality tells me what the future has in store for humanity. If he's right I believe it's the perfect storm for an unprecedented run up in values (for the best locations) to the point where pricing truly becomes theoretical. I have a feeling others are thinking this as well, hence why American land, large ranches, ocean front homes are continually selling for record amounts. Abundant wealth for those already with it is not the metric of exclusivity its having their own haven (unique from their equally wealth friends). What an exciting time to be alive!

One thesis I have is that the San Francisco real estate, despite being extremely expensive Is still “cheap” relatively to the wealth created in the city by the AI boom in the city over the last couple of years Prices aren’t that different than 2019 and yet there is a totally different economic landscape Once OpenAI got traction, it was inevitable prices would start rising, and they did And there is Anthropic, Databricks and slew of others, all located in San Francisco. It’s very possible “you ain’t seen nothing yet”

@jaybsauceda ♥️

Every day with Alzheimer’s is different. Yesterday with my Mom was a good day. She was engaged, laughed at the grandkids whipping around in their little toys, and sat with us. Most important it gave my Dad, her full time caretaker time to throw the football with my son and nephew. Every day is a gift, even these somewhat challenging ones. I mourn my Mom every day, when while she is still here. But I’m glad when we get the good ones.

@CPY87 @Lilly_22100 98 (A x B) + (B - 1)

@Lilly_22100 99

Can you solve this?

@PrawfBainbridge Issue: Whether law enforcement may enter a home without a search warrant based on less than probable cause that an emergency is occurring, or whether the emergency-aid exception requires probable cause.

@PrawfBainbridge SCOTUS heard arguments on this a few months ago. Opinion forthcoming. scotusblog.com/cases/case-fil…

Criminal law folk: Why does the LAPD need a search warrant to do a crime scene investigation of Rob Reiner’s house? Isn’t fining the bodies probable cause? (I didn’t take Crim Pro.)

Agreed. The truth is with AI and robots coming on-line en masse in the near future there will be an abundance of everything at very low prices. The only truly unique item is/will continue to be is real estate. Especially the prime spots (coastal, mountain towns, etc.). We will all be able to have any medical procedure, landscaper etc etc but we won’t be sharing homes or land and with an abundance of everything I’d say a quiet life on the beach in Malibu beats a Minnesota winter (IMO).

Buy prime real estate. You are going to pay a litte for extra it. It won’t matter in 10 years and they will talk about how you are a genius.

Same here, we shall find out. The fact that the text exists is why we are having this discussion. My training has always been when there is a conjunction such as “and” it requires another test/element to be satisfied. Here you have all persons born or naturalized AND . . . . This Court has instructed us, that it has the final say on what the Constitution means so I guess we get to sit back and wait and see what exactly AND . . . . means ha.

@BoStratton If you are constitutionally subject to jurisdiction of ANY United States federal court I’m waiting to understand how you aren’t subject to you aren’t subject to the jurisdiction of the United States.

If they aren’t subject to the jurisdiction of the U.S. explain how we arrest them for committing crimes.