The Tates

Luxury SoCal Real Estate | Compass | Tate Lamott Group.

[The Tates @TheOCTates]

This is happening all over California. Some of our clients and friends have also had nightmarish tenants and issues (particularly with condos and townhouse fire insurance and assessments) in OC.

[Graham Stephan @GrahamStephan]

I’ve 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." It’s how I started. It’s what I’m 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.

I’m 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 I’m moving the money next to buy back my sanity.

I'll drop the link here in a bit.

[Graham Stephan @GrahamStephan]

I’ve 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." It’s how I started. It’s what I’m 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.

I’m 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 I’m moving the money next to buy back my sanity.

I'll drop the link here in a bit.

[The Tates @TheOCTates]

Epic!

[Shay Boloor @StockSavvyShay]

President Trump just DoorDashed McDonald’s to the White House.

[The Tates @TheOCTates]

@TheProfInvestor Tacos

[The Tates @TheOCTates]

@VividProwess They should not let girls that young wear lipstick. Sickening...

[Austen Allred @Austen]

Kinda funny that the two stories dominating my X feed are:

1. Needing to take 5% of net worth from billionaires to prop up government spending

2. Fraudsters brazenly taking billions of dollars of taxpayer money with little being done to stop it

[The Tates @TheOCTates]

@ShardiB2 Not sure BRK.B would be rolling like this if it was risk on? I bought a bunch last week and has gone straight up...

[The Tates @TheOCTates]

LFG!

[Elon Musk @elonmusk]

Just started Tesla Robotaxi drives in Austin with no safety monitor in the car.

Congrats to the @Tesla_AI team!

If you’re interested in solving real-world AI, which is likely to lead to AGI imo, join Tesla AI. Solving real-world AI for Optimus will be 100X harder than cars.

[The Tates @TheOCTates]

@KirasEpicTrades I have some TSLL calls expiring 6/18/26. Do you think those are OK to hold since they are so far out?

[The Tates @TheOCTates]

@itsCblast Yes

[The Tates @TheOCTates]

@ShardiB2 This is better. New FSD is insane... And just wrapped in Frozen Shadow Gold PPF

[The Tates @TheOCTates]

@AngryVinc @mikealfred I have also noticed that the size of his head in his profile picture gets bigger or smaller based on his conviction. Could just be my eyes or he obsessively adjust it...

[The Tates @TheOCTates]

@smartertrader 200mg Viagra straight to the veins

[The Tates @TheOCTates]

@smartertrader When you get there, just keep going

[The Tates @TheOCTates]

@StockSavvyShay Smells like a pair of $LULU pants after a back-to-back hot yoga session