Kyle Ladewig

building AI for real estate. ex founder/CEO at Out Of Office (proptech) and Chapter (creator economy), ex CRE broker at Newmark.

[Kyle Ladewig @KyleLadewig]

The @AppleTV @F1 app design is SO bad. Isn’t this the best design company in the world?

- can’t remember where I stopped watching (have to start over every session)
- annoying 5x button tap to FF at meaningful speed
- no chapters to jump to Q1,2,3 or race laps)

[Kyle Ladewig @KyleLadewig]

@Crypto_Retardio @rohindhar Yeah could be cool - I was just trying to get a sense of “how long to wait”/“how long you have after a peak”, since I know most people in SF are wondering exactly that

It looks like typical trough to trough is < 2 years which is wild!

[Kyle Ladewig @KyleLadewig]

@rohindhar Would be interesting to look at each cycle (peak to peak) and show the “median” price for the period…something like this.

Also to calc on how long you have on avg after a peak to buy at a decent price before the next run-up

[Kyle Ladewig @KyleLadewig]

@kyle_e_walker Do this for property owner contact info and $$$

[Kyle Ladewig @KyleLadewig]

@jesskcoleman Not in California we don’t.

[Kyle Ladewig @KyleLadewig]

@alexisohanian Won’t this just encourage more (and earlier) secondaries? - naturally adjusting the balance between VCs/LPs and founders/employees?

VCs benefit from diversification; this would give some to founders.

[Kyle Ladewig @KyleLadewig]

@geddesthemenace @offmarketguys Curious what you built, and how?

[Kyle Ladewig @KyleLadewig]

@Jakeladeveloper On #6 - AI is better than humans at pattern recognition tho

Oh and also I built #42 - happy to contribute to the AI club or give you a spin if you’re curious!

[Kyle Ladewig @KyleLadewig]

@SamWilliarns @immad Interesting idea. Have you considered starting with one area of life, like the home?

If I was doing this, I’d start with major appliances and routine service providers.

[Kyle Ladewig @KyleLadewig]

@ihat Do you have data on % of homebuyers unhappy with finished renos vs don’t want to deal with renovations themselves?

I’d bet (at scale) selling “unfinished” homes with a promise to renovate would hurt liquidity.

OPEN should have the data to know which renos are ROI+!!

[Kyle Ladewig @KyleLadewig]

@TopherNOW Optimize for getting hands-on experience with big/complicated deals.

So…Bigger shop if the market is bad, smaller shop if market is hot (depends on region, sector, etc)

[Kyle Ladewig @KyleLadewig]

@rohindhar I assume most of the independents 12-25 are running on Side…I’d be curious to see where they would sit if combined.

[Kyle Ladewig @KyleLadewig]

@rjimenez_cre spend on lawyers almost as much as software engineers 🤯

[Kyle Ladewig @KyleLadewig]

@RLMLDL What use cases/industries are you guys focusing on?

I’d be keen to chat about commercial real estate leases.

[Kyle Ladewig @KyleLadewig]

@HowardRoark90 I’m working on something for retail leasing specifically, which def doesn’t require costar. I think that’s where costar data is thinnest - retailer data and demand-side traffic. For office & industrial, costar is absolutely req’d.

Happy to discuss if you’re interested.

[Kyle Ladewig @KyleLadewig]

@ErikTSexton Ask the seller if you can shop it to 3 other groups to get a backup offer.

You need a sub $3M bid from a reputable group to make the seller see the light.

[Kyle Ladewig @KyleLadewig]

@rohindhar Also (in theory) if rent was deductible, renters would have more cash to spend and landlords could raise rents….Which would drive property values higher, and make home ownership even less affordable.

[Kyle Ladewig @KyleLadewig]

@rohindhar The gov’t wants to incentivize low risk saving/investing in the form of homeownership. Debatable if that’s good policy, but that’s why.

Renting leaves more unrestricted cash in people’s pockets. Not good if you think people will spend and invest irresponsibly.

[Kyle Ladewig @KyleLadewig]

These companies all compete on having unique listings, so they’re literally designed to prevent/discourage cross-pollenation.

The disconnect between Costar and Loopnet is (my guess) an org and tech integration issue stemming from the acq 10 yrs ago. Oh and a different biz model - Loopnet data is free to consume, Costar opposite.