I got a 🌊 of DMs about this tweet - mostly people wanting an intro to to the GP.
As an active LP (mostly multifamily) I see a huge gap in the market. An individual who is new to RE investing (and wants to remain passive) has 2 options:
1️⃣ Source deals directly from GPs - Works great buuut… most ppl don’t have connections to the best GPs or expertise to pick deals (let alone the min $ required)
2️⃣ Invest in a fund or REIT - Easy but typically comes with MUCH lower returns.
Seems like we need a 3rd option…
…perhaps a “syndicate” model—similar to AngelList but for RE—where LPs can band together, leverage a syndicate lead’s expertise, and pool capital for diversification.
I know Cadre and others are doing sorta similar things but if feels like there’s room for something different.
@moseskagan this is similar to what we talked about a while back.
🧵 4 steps to start each day in a good mood (my routine to boost creativity)
As a creative type, my mood & motivation are highly dependent on inspiration. When I’m inspired I’m unstoppable, but when I’m not I’m… kinda worthless.
Can you relate?
Over time I’ve found a morning routine that is almost 100% effective at putting me in a sunny mood, chomping at the bit to get to work. I'm not exaggerating when I say that it's been life changing.
Here’s how it works:
⛲️Step 1: Find inspiration
Twitter is a wellspring of ideas—the best source of inspiration I’ve ever found.
👉But you have to ruthlessly curate your feed
Why is this critical? Research has shown that we need to receive 7 positive comments to cancel out 1 negative comment.
🧵 How to build a great life (17 things I’ve learned)
I’ve run hard my whole life—always charging forward, rarely looking back. But 50 hits you different. It’s caused me to pause & reflect. ⬇️
Lots of people have had more success in business & made more money than me. What I’ve done better than most (along with my wife, the unsung hero) is put it all together to build a great, multi-dimensional life—one that I don’t need a vacation from. I’m not boasting here...
...I’ve made huge mistakes & learned most of this stuff the hard way. For many years I was unsatisfied and would have benefitted from the advice in this thread.
⬇️ Here are 17 time-tested things I’ve learned. My hope is that you can apply at least 1 in your own life.
The end goal of a career is not to suddenly stop working & live a life of leisure. Humans *need* the stimulation & fulfillment that come from challenging work.
The problem is that we associate “work” with soul-crushing jobs we can’t wait to escape.
👇
🤔 What if we reframed retirement from being a point in time where we stop doing *work we hate*...
...to a long process where we’re increasingly doing more *work we love*, on our own terms?
Think of it as a spectrum...
You start at one end of the spectrum, doing what you have to do to pay the bills and support your family. But over time, bit by bit, you steer your career toward work that is more fulfilling and aligned with your passions. Now you’re focused on mastery, a life-long pursuit.
My 14 y.o. & I get ☕️ each Saturday and brainstorm business ideas. For better or worse she’s a chip-off-the-block and it’s a fun way to connect.
The ideas are starting to get pretty solid. Today’s 2 best (80% hers) 👇
1️⃣ The Holy Trinity: An indoor/outdoor 3-in-1 restaurant & hang-out with coffee, ice cream, and pizza (thus the name). The logo is a cartoon Jesus with 3 arms holding, one food in each.
2️⃣ Coffee Cubed (written as Coffee^3): A coffee shop with a science-y vibe that has a selection of flavored ice cubes (mocha, vanilla, etc.) to add to ☕️. Customers can get a discount by solving a math problem.
12 ways to get more followers. 8 easy steps for buying a business. 6-pack abs in 5 minutes.
It’s a road to nowhere. Hacks rarely result in lasting value or satisfaction. They’re based on a misguided belief... 👇
...that reaching the goal - winning the trophy - is the reward. So why not take a shortcut?
Because - to use a climbing analogy - when you reach the summit there’s nothing there.
You’re what @patagonia founder Yvon Chouinard calls a *Conquistador of the Useless*.
The only thing that matters is *how* you get there. The journey *is* the reward - it’s a cliche because it’s true.
To build real value & experience true fulfillment, skip the hacks and aim for *mastery*, which is not a destination but a life-long pursuit - an unattainable goal.
Back in the Web 1.0 days I co-founded a company called iChoose. The product was a browser plug-in (this was before mobile was a thing) that automatically compared prices on products and offered coupons while you shopped at any retail site.
It was very similar to @honey, but 20 years ago & in many ways more advanced.
I knew that a killer demo would speak for itself so I re-taught myself to code (I was a teen hacker in the early days of PCs) and spent countless nights building a working prototype.