Damn, no taxes. He’s a genius. Why didn’t I think of this? Also, the fact people are giving shit him over “only $1k to brother” is why most people are broke. At that time, his chance of getting injured, or even getting a second contract, is small, but yeah, go get some chainz and loans baller. Again, this stupid mindset is why most people are broke.
@sircalebhammer I thought you liked numbers? Institutional investors (firms owning 100-1,000+ homes) own somewhere between roughly 1% to 2% of the single-family stock nationally. @sircalebhammer.
What startups? “Give us your personal info and pay us to track your finances because you’re too stupid to do it yourself startups”? Those aren’t sustainable startups. Those are some business majors in school doing a project and convincing themselves that it’s a good enough idea to start a business with.
He’s talking about information systems and making decisions based on accurate, real-time metrics. Prior to AI, this type of information system would require massive resources to create and maintain (money, engineers, programmers), and was thus not available to most operations without significant investment. Now, anyone with access to AI and Google Sheets, can create an automated information collection system that enables most decisions to be analytical.
There is always nuance to deal with, but the more you tie to real time analytics, the more you can focus on the true nuance, or as your terms, the “non-static”.
lol, so true! Non-individual entities like institutional investors own roughly 0.2% to 0.5% of all U.S. homes (or 2-3% of single-family rentals), with significant variation by region. Their influence may be more pronounced in specific markets (e.g., Atlanta or Phoenix), but nationally, they remain a minor player compared to individual owners and smaller landlords.
Sorry, can’t be victim this time…non-individual entities like institutional investors own roughly 0.2% to 0.5% of all U.S. homes (or 2-3% of single-family rentals), with significant variation by region. Their influence may be more pronounced in specific markets (e.g., Atlanta or Phoenix), but nationally, they remain a minor player compared to individual owners and smaller landlords.
You’ll need another cohort/boogeyman to blame.
@holisticgrenade lol, do you know where population growth has been highest over past years …. Florida, California….sunnier places. Also, aging population. I love a good conspiracy but everything is not a conspiracy.
@YashengHuang A better question: How does Ukraine, with a GDP ten times smaller than Russia's, exert such a disproportionately large influence on the USA and Western Europe?