Mel Anic

Building the lowest cost & simplest way to buy + make money in real estate.
Sold 100M+ in real estate.
Prev: Berkshire Hathaway, @Redfin

[Mel Anic @Mel_Anic]

Well said @voided

I’ve closed ~110M in real estate and have been in deep R&D for ~5 years on this exact issue.

It’s a multi trillion dollar industry and the next Google/OpenAI will be here.

My 1st attempt/project called Theopetra was an on chain real estate fund that was aimed at fixing this.

The thesis was that we could monetize trading fees instead of raising rents.

The result: The project owned a $75,000 property + LP yielded over $150,000 in fees.

We could’ve frozen rents for over 100 years and still out performed black rock who would’ve been raising rents the entire time.

As a case study for the tenant it was a success, but on paper it wasn’t because degens can’t hold for more than 2 days and resulted in massive draw downs.

My next project will be 100x better & FAR more efficient that can scale.

[voided @voided]

In 1971, the average American home cost $26,000.
Median salary: $10,000/year.
Ratio: 2.6x salary.

In 2024, the average American home costs $420,000.
Median salary: $59,000/year.
Ratio: 7.1x salary.

The math used to make sense.

Nobody changed the rules.
The rules changed on you.

[Mel Anic @Mel_Anic]

@bigwarzeth Issue is meme coins in general brother.

They’re just an empty liquidity pool with a logo and all about who dumps first.

Doesn’t matter what the coins are paired with or what chain they’re on imo.

Phantom will connect to everything

No rhyme or reason to any of it.

[Mel Anic @Mel_Anic]

@avici Great work

[Mel Anic @Mel_Anic]

@BowTiedKong Facts

[Mel Anic @Mel_Anic]

@Triarius7 Undefeated

[Mel Anic @Mel_Anic]

@ThinkAppraiser Realize that no one cares and even if you make 1m a year from the audience, there’s still such a small % of people that actually care

Kobe Bryant, Queen Elizabeth, Michael Jackson

All were some of the biggest names and probably don’t enter your mind even once a day

[Mel Anic @Mel_Anic]

Not much different than the people who think a man walked on water and rose from the dead after dying for their sins.

Escapism and hope is what humans crave as we hurl and spin around a ball of fire in the middle of no where.

They want to believe there is more than consciousness and death.

[Mel Anic @Mel_Anic]

The issue is that they are only allowing tokens that will “decentralize”

That excludes real companies or start ups.

No progress on actually letting lower net worth individuals participate in early stage ownership.

It’ll just end up as ICOs for garbage L1s or whatever else is launched.

Surprised it didn’t dump 10% tbh - this seems like the last shot this admin has at making crypto progress and none has really happened

[Mel Anic @Mel_Anic]

@Triarius7 Current Housing prices, 50%+ of the workforce in replaceable desk jobs and AI are not compatible together

[Mel Anic @Mel_Anic]

@BoredElonMusk Love this

Aurelius used to say that procrastination was entitlement because you aren’t guaranteed tomorrow

[Mel Anic @Mel_Anic]

@blknoiz06 Light lev cardano short is a store of value

[Mel Anic @Mel_Anic]

@AviDavid17 Appreciate you brother. hope all is well

[Mel Anic @Mel_Anic]

Journal #5: Fix Housing Or Die

$3,650,000 in offers sent out last month.
Closed that $1,200,000 deal.

What I saw in that deal disgusted me.

I was initially going to build B2B tools for brokers/agents so that they can own more from the real estate stack.

After this deal I’ve decided… Fk that.
They need to be eradicated entirely.

It’s time to replace the entire stack all together and give home buyers the lowest mortgage rates physically possible.

This means we need to be the mortgage lender, escrow, brokerage, home insurance, transaction coordination and settlement.

What used to take 8+ people is now automated and can reduce costs for borrowers by 80%+.

This means 0% commissions.
Only possible with AI and if we monetize everything else.

I was intimidated by the scope of this initially - but I need to full send this.

With this, we should be able to achieve the lowest rates in the nation.

It’s going to take some time to navigate the proper licensing and regulations needed.

Aiming for product release Q4.

Will be back then.

[Mel Anic @Mel_Anic]

Journal #4: Fix Housing Or Die Useless.
Making progress because my hair is on fire to launch this.

1. Signed a $1,200,000 listing going live on Friday that wants to do a pilot. He wants this product so bad, hes willing to invest and help us build it. I'll see if we can get it out in time.

2. I just got a verbal confirmation that an absolute killer escrow lead that has closed 500M+ is going to join us. She will help train the model with her work flows as we settle files.

3. Additionally, we're wrapping up the final call today with Axos bank for a partnership.

The first layer we're building is going to be escrow, since it is the non negotiable settlement layer to the 'fee stack' we call the real estate economy.

90%+ of the 100B+ fee stack is a bunch of humans sending emails back and forth to eachother & filling out documents.

Together, they act as an assembly line.

On top of this real estate fee stack is the world economy.

Everything we see in society is because someone signed a purchase agreement and they settled it with an escrow company.

> If you want to buy a home for your family, you must sign a purchase agreement and settle it with escrow.

> If someone wants to build a data center, they must sign a purchase agreement and settle it with escrow.

> If someone wants to build a restaurant to feed their family and local community, they must sign a purchase agreement and settle it with escrow.

Escrow is the first thing we're building.

[Mel Anic @Mel_Anic]

@JakeBlockchain 🫡

[Mel Anic @Mel_Anic]

Does it concern you that it’s trading at a 4x+ p/e?

That’s an assumption the biz can continue for years and it seems like a revenue source that can drop by 50%+ in a month.

Guys will flip 50k meme toppers forever?

I guess it could happen considering their war chest and it’s already been profitable for ~2 yrs now.

[Mel Anic @Mel_Anic]

@TheMishmashCat 🙏🤝

This is awesome thanks for making it

[Mel Anic @Mel_Anic]

Bitcoiners who say that meme coins are stupid because their only purpose is to find more buyers and number go up

[Mel Anic @Mel_Anic]

Definitely curious on the ownership piece.

What businesses/behaviors do you see getting potentially unlocked that is better than tradfi?

Doesn’t seem like it’ll beat the cost basis of the equities market for a while - so perhaps there’s new behaviors that one could use to start unique businesses?

For example - one vertical that would be interesting would be businesses offering instant business share/revenue share in their biz to customers.

[Mel Anic @Mel_Anic]

@mert interesting view tbh

personally bucketed that movie as one of the worst of all time

[Mel Anic @Mel_Anic]

@revshare_app I still get these question marks on a lot of cards. Is this bc they don’t have a pic?

[Mel Anic @Mel_Anic]

Elon’s SpaceX stake is up roughly 150B ($150,000,000,000+) today