JUST IN: ๐บ๐ธ Eric Trump just dropped a bombshell at The Bitcoin Conference:
"The US government holds 300,000 BTC and will not sell it."
"The middle east is using energy from cities that they don't need to...mine bitcoin."
"The suppression of bitcoin is unbelievable." ๐
Iโve spent a decade telling people to do what I do: "Buy and Hold."
Now I've decided to list my entire real estate portfolio for sale and walk away.
It started slow. The bills, the maintenance, the tax increases... but the final straw was when I tried to develop an ADU to do exactly what the city of LA claims it wants investors like me to do: Create more housing. You'd think they'd make it easier, but after two delayed inspections, a sewer pipe replacement that needed 75 days advance notice, and a city-owned tree that became my responsibility, I'd had enough.
The identity of being a real-estate guy is very hard to walk away from, trust me. For a long time, I stayed just because real estate was my "thing." Itโs how I started. Itโs what Iโm known for. It led to every good thing in my life. But that blinded me to the fact that just because something served me in the past, it doesn't mean things haven't changed in the present.
The reality of 2026 finally stripped the emotion away. My LA rentals are netting about 4-5% after the constant background noise of taxes, insurance spikes, and repairs. Meanwhile, a risk-free Treasury pays 5%. The trade-off just doesn't make sense any more.
Iโm reallocating to a liquid portfolio that actually lets me focus on the work I love. I published a deep dive on my Substack about the ADU nightmare that broke my patience, the exact numbers behind the exit, and where Iโm moving the money next to buy back my sanity.
I'll drop the link here in a bit.
In 1974, women needed a manโs signature to buy a house.
By 1975, that changed forever. ๐ก
Hereโs the story of how one law reshaped womenโs financial freedom and homeownership ๐
DC may be shut down, but momentum for market structure clarity is at an all-time high. I sat down with Senate Democrats and Republicans who want to get this done - we're 90% there.
Both sides are working hard to figure out the final 10%, and we're getting close.
@Coinbase is continuing to push for clear rules that protect innovation in DeFi and your right to earn stablecoin rewards. We're bullish on getting a bill passed by year-end, and hopeful it's out of Committee by Thanksgiving.
We'll keep fighting for the future of crypto here on the hill!
Opendoor ripped Cash Plus from an agent led company @zoodealio. @inman@HousingWire why aren't you reporting on the new Chairman of the board @rabois thinks agents will not exist and wants @opendoor to kill all agent partnerships?
I built Opendoorโs initial product for agents and I regret it. We were afraid of agentsโ collective action against us (shady agents would exclude homes from their clients just to spite us), but should have focused on building the best consumer product.
Opendoor ripped Cash Plus from an agent led company @zoodealio. @inman@HousingWire why aren't you reporting on the new Chairman of the board @rabois thinks agents will not exist and to fix @Opendoor they should kill agent partnerships.
Opendoor ripped Cash Plus from an agent led company @zoodealio. @inman@HousingWire why aren't you reporting on the new Chairman of the board @rabois thinks agents will not exist. He's gonna cut @Opendoor employees by 85% and the remaining 200 employees are going to run the entire US real estate market?
@ericwu01 maybe @nejatian can weigh in on why Opendoor felt it was ok to rip @zoodealio Cash + structure and steal the name? Also since @rabois is on the board now will @opendoor kill agent partnerships? This is brewing behind the scenes and it might be in his best interest to deal with it early.
@nejatian can you weigh in on why Opendoor felt it was ok to rip @zoodealio Cash + structure and steal the name? Also since @rabois is on the board now will @opendoor kill agent partnerships? This is brewing behind the scenes and it might be in your best interest to deal with it early.