Multi-family, so apartment complexes. The deals are for tens of millions of dollars, and you can usually join in for as little as 75K.
But you either need to be an accredited investor, or know one of the managers of the deal before the deal is set and they let you join. They are typically allowed to bring in a certain percentage of the deal from non-accredited investors that they know.
What's nice is once you go through a full deal cycle usually 5-6 years, and they sell, you become an accredited investor for having gone through that and that makes it much easier to find and join another deal without having to know the managing partners personally beforehand.
Like one of the deals I am in is primarily managed by this guy. And he has a very large personal stake of several million.
He's got way more money on the line than me in the deal, and so he cares very much about making the property successful for himself and selling at the right time etc and I am really just along for the ride essentially.
Here is one of the other main managing partners of another deal I am invested with.
> Take nothing for granted. Social Security being the prime example; my mother waited until 65 to start taking it and so she barely enjoyed only 3 years of it. I refuse to repeat that, I am taking Social Security at 62 ASAP and screw
For those inclined to do financial planning: Recently a colleague of mine retired. He mentioned that he plans on waiting for a while before he will start taking social security payments. His logic was that if he were to live longer, this decision would turn out to be a very good decision. This may not be a great decision in case he dies early, but then he won't be there to regret it. I liked the way he phrased it. Of course, his financial situation also allows him to live now without touching his social security. For those not in such good financial state, the decision might be lot more complex.
> Even though the abundance of research now shows icing delays the infiltration of proteins, hormones, and cells that aid in healing processes (and can even cause further tissue damage).
> It's the ultimate victim blaming religion - you're poor because you were a bad person in a previous life.
A slight misunderstanding, or an inconsiderate person may use it for victim blaming, but that's not what lays down. It gives guidelines that our actions have consequences, good or bad even if they are not immediately visible to us. On HN, people talk about the role luck plays in the success of startups. Two different people working hard, with brilliant ideas: one of them gets to build a billion $ company, while the other may go bankrupt. What we call luck, or randomness here is explained as karma (good, or bad deeds accumulated from earlier lives). Used with right understanding, and compassion, this provides good guidance for those who seek it.
yes, it does. It's essentially like reinforcement, where you keep telling yourself what you want, and learn how to get that. Eventually you work to get that.
It all starts with your wish.
I believe my employer is preparing to replace many or most of their human customer service representatives with LLMs or some form of AI. They haven't said this is their plan but based on several things like the new software and tools they've recently switched to, the fact that all customer services reps have been fully remote since the start of COVID and the volume of calls they can't currently handle in various geographies. I'm just speculating but this is my expectation, and the transition may take many years.
> If I broke into a person's house and stole $1000, even if I didn't directly hurt that person, I could expect to get several years in prison, basically regardless of the state. Lets say three years to be conservative on this?
We are seeing this kind of crime on a regular basis in our neighborhood. The cops have pretty much given up. They also mentioned that even if they make an arrest, the bail is set so low, these guys would be out quickly. Overall, my impression is there is zero deterrence for these kind of crimes here (a pretty affluent neighborhood in one of the tech cities in the west coast)
