The @theallinpod bros told me AI would only create higher paying new jobs??
feel so misled
BREAKING: Microsoft, $MSFT, is offering buyouts to 60,000 workers as part of the company’s efforts to cut costs amid AI adoption, per Bloomberg.
Personnel on select teams in the US, Canada, India, and the UK at a vice president level and below will be eligible.
This reflects ~27% of Microsoft's total workforce.
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Can’t stop thinking about these posts.
Who can point me in the right direction to actually deploy a medium scale, long running swarm?
Claude code is a massive bottleneck.
1 engineer = 1 Claude subscription and maybe a few terminals running on a few tasks.
Agent swarms with a dynamic harness make Claude code look like child's play.
I'm at my kid's football game right now and have 20 agents building in parallel on a 128gb machine adhering to all of our engineering standards without a human touching the code.
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a little context
scan large volume of land records and court dockets
do somewhat complex inference
store into database
need to do it 10,000,000 times +++
i have the infrastructure built for my markets, but I want to deploy the same process at massive scale across the county
@FracSlap @thematthew @xAthanasius @TopherNOW
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Why not dump $5m in this and head to the beach?
(bc Im a deal junkie and have no money liquid that’s why)
SpaceX $SPCX is finalizing a $40 billion debt raise at sharply higher borrowing costs than its previous financing, according to Semafor.
The lowest-rated portion is expected to carry an interest rate of around 8.3%, while a safer portion backed by AI chips could price near 7.75%.
The safer portion is expected to price more than 1 percentage point above where SpaceX's existing bonds trade.
The deal, led by Apollo and Goldman Sachs, is expected to be finalized next week.
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Timeline cleanse 🏔️
Everyone talking about the end of days in CRE and Stonks
Meanwhile…
I bought this 160 acres for $105k.
Listed it with 5 pictures like this.
Sold for $325k within 45 days.
Head down. Stay focused. Plenty of opportunities out there.
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Cost me $100,000 of pure risk capital to get water approval here.
In conjunction with a $50,000 legal bill to clear some title issues…
All out of my own pocket.
Basically, a $150,000 hand of poker.
This work alone should add $1m+ in value to the dirt.
No entitlements or rezoning.
Thanking God everyday 🙏
Also, thanking my incredible family of investors for trusting me and my team.
This will be my 12th full cycle project like this in 4 years.
Averaging ~70%+ YoC and ~40% IRR to LPs / partners.
If you want to learn more about my projects or work, comment dirt and I’ll send you a link to my investor list.
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Another great example of:
If the bank loans you a billion dollars… it’s their problem, not yours!
Really, congrats to Scott for working this out amidst all the hate.
In connection with the initial close on our continuation vehicle, S2 completed a series of loan modifications and refinancings across 26 multifamily assets representing approximately $1.2 billion of loan balance. The transactions cover 8,223 units across seven markets. Of the 26 communities, 12 were subject to foreclosure proceedings that have been terminated in connection with the modifications.
The transactions include the modification of a 531-unit community in North Dallas. The modification waives existing defaults, including a maturity default, terminates a pending foreclosure posting, and extends the maturity to July 2031. It was completed in consideration of a principal paydown. The lawsuit filed against me personally in connection with that loan has been dismissed.
This was a long, complex process. I’m grateful to everyone involved for working with us toward a full portfolio resolution so we can turn our attention to execution on-site, in what remains a difficult environment for fundamentals. My biggest takeaway is simple: show up, work hard, and do the right thing every time. None of this happens unless our lenders and partners believe we’re the right stewards for these assets, and for that I’m grateful to a wonderful team.
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Between CPA / Bookkeeper / and controller duties… $42,000/yr
BK- $25,000/yr
CPA- $12,000/yr
Misc finance - $5000/yr
Planning to eliminate 90% of this by year end for 2027.
I’ve replaced all of my real estate bookkeeping with an AI agent that we built internally.
Simply put, it’s more accurate, faster, and significantly cheaper than our previous bookkeeping firm. No way I’ll go back.
Haven’t handed it the tax returns yet, but it’s not because I don’t think it’s capable.
It’s because I’m not knowledgeable enough to oversee it.
That’s going to change next year.
Not saying we’re eliminating 3rd party accounting completely, but we are certainly shifting to a new paradigm.
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Most people don’t see this yet.
UBI is here in less than 10 years. Everybody will have a voucher for everything.
Discovered that Section 8 pays $300/month more at one of our properties than today’s market rent for a 2 bedroom apartment.
Makes you wonder if Section 8 will one day pay the majority of rents in America as a quasi-UBI.
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