DomoDomo.eth

Blockchain/Tech Lawyer; RE/Tech investor MIT Sloan, Optimist, 2000 mile + endurance athlete, sail captain, follow for the positives of life, law, tech, sports

[DomoDomo.eth @Law_Privacy]

Nice thing about kids is, no need to buy art for next 10 years. 😃

[DomoDomo.eth @Law_Privacy]

@dig_deeper1 Buy the cash flowing asset, (thanks Ken McElroy) in RE and crypto, if you add Ethereum it is a crypto cash flowing asset, it pays a 3-4% dividend for staking, BTC is just "price go up"... ETH is the cash-flowing prop of crypto. Or just triple down on RE fine too.

[DomoDomo.eth @Law_Privacy]

@dig_deeper1 Lotto buyer agents send a note to appraiser to low ball for leverage, then magically low ball comes in for buyer to try to retrade, and usually appraisal is condition of deal so they get their earnest money back.

[DomoDomo.eth @Law_Privacy]

@salesprocapital As a lawyer, when I get these types of calls, good chance is the beginning of the end of that partnership...

[DomoDomo.eth @Law_Privacy]

@SacksRealEstate Annoying scammy bottom feeders, which I'm okay with, as long as mom/dad / grandma / grandpa are not being targeted... they offering 10-20% ACV

[DomoDomo.eth @Law_Privacy]

I've been doing this for 20 years... huge red flags for anyone should be flashing anytime rates are at historic lows, thus prices at historic highs, note, this includes ground up development as costs magically skyrocket/scale to meet max price leverage of low rates ... don't get me wrong --- it's a fantastic time to sell... one of the riskiest times to buy. I truly wouldn't mind seeing rates at 13 14%, then you would have a generational wealth buying opportunity, (like the 80s)... buy low price and then ride the interest rate back down and valuations sky high. Not all, but almost all success in Real Estate is being on the right side of monetary policy moves.

[DomoDomo.eth @Law_Privacy]

@TFTC21 @PunterJeff PONZI

[DomoDomo.eth @Law_Privacy]

Realistically, Minnesota cannot remotely utilize 2 TWO downtowns... two cities with large downtowns, both with massive vacancies... St. Paul has absolutely no chance of recovering or thriving, 20-30 years of continued flight out, decay and state lifelines ahead, should consolidate both into Mpls. and fill Mpls downtown with all businesses and all 4 sports teams and let St. Paul find a new identity.

[DomoDomo.eth @Law_Privacy]

This is a good post, very insightful, thanks, I have a rental portfolio which is long-term rentals, and so many new short-term rental people urge me to get into the short term rental market and I said I don't want to run a motel, as you experience, can you imagine the turns, the laundry, the cleaning, the question, the issues, the check-in the checkout constantly some people love it I can never do it.

[DomoDomo.eth @Law_Privacy]

I used to pay for a online portal to track all my health metrics and my blood test, I screenshot it, asked Claude to create the same website/html etc thing for me personally with insights gave, it the data files and I was done in five minutes... subscription canceled.... I did this for several other services and I'm saving 500 a month.

[DomoDomo.eth @Law_Privacy]

@interesting_aIl There has to be a tool for that, it's 2026 I gotta figure there something at Home Depot that can turn that bad boil a little bit faster, and tighten it a little bit faster too.

[DomoDomo.eth @Law_Privacy]

My buddy had a back issue (disk/nerves) but mostly related to inflammation flareups causing things to touch which should not ... now he considers it a blessing in disguise because it forced him to stay fit stay lean and eat healthy, when he eats like crap and doesn't exercise or gains 100 lbs the back issue comes back, when he keeps a healthy lifestyle no back issues whatsoever so it's kind of a win-win.

[DomoDomo.eth @Law_Privacy]

@patrickjwitt If anybody's holding out to pass the perfect bill they're insane there is no such thing as a perfect bill pass it and then make improvements as it goes on try things out see how it's enforced.

[DomoDomo.eth @Law_Privacy]

@iampaulgrewal 2 parts idealism mixed with 2 parts pragmatism mixed with 2 parts realism and 4 parts execution is what successful companies and people do.

[DomoDomo.eth @Law_Privacy]

@materkel Sorry, I fat fingered the approval... but I enjoyed making all the arbitrage people rich... I would argue there has to be at least one other check box or a slider if you're gonna lose 90% of your investment or basically 100% in this case.

[DomoDomo.eth @Law_Privacy]

@iampaulgrewal They said same thing about money markets... everyone adapted, banks will too... my .05% bank yield on cash from banks is criminal when banks are overnighting my money at 5% and keeping the spread by doing nothing.

[DomoDomo.eth @Law_Privacy]

This is very true, however, apply that to the last four years and ask the upside down deal owner's with recourse debt and stress... and LP's asking where their returns are and where their money is, and the waterfall lawsuits. I'm all for leverage, but, unless your doing deals during a historic continuous rates going down environment, there is a lot of people (GPs and LPs) that tried to jump into this approach in the last four to five years and they got completely wrecked. RE is more of a bet of interest rates than in anything else, rates go up 500 basis points prob underwater on valuation no matter what, rates go down 500 basis points, your prob printing record exit profits.

[DomoDomo.eth @Law_Privacy]

If you know about the bitcoin block size wars - imagine anybody getting anything done with BlackRock, ETFs, fund managers, Michael Saylor and all the other paper bitcoin managers ... working to consensus with core devs... in my opinion Bitcoin is at high risk of failure to make any or the right changes in the proper timeline without impacting its economic purity, incentives, tgere is no security budget as it stands today... I would invest in Ethereum, no such monumental unknown risks like BTC is going to face.

[DomoDomo.eth @Law_Privacy]

@Camp4 AND is an important word to thoughtfully consider when goal setting, the unchallenged/lazy use of OR secretly eliminates options during planning when other terms can keep things in play, but on a different time horizon if needed...

[DomoDomo.eth @Law_Privacy]

@Camp4 @mattpat1 That is not cheating, that is equipping and putting yourself in the best place to win your goals, great work, don't allow any others words besides your own and/or others getting after your same results to have any space.

[DomoDomo.eth @Law_Privacy]

I was a no coffee person into my 30s until I saw many older-v older healthy people religiously consuming, there is a lot of long-term studies, Nurses Health Study, 200k over 30 years, and a follow-up, HPFS, 130k, showing and confirming long-term benefits to coffee consumption. So, that is 100% in my daily.