All Forum Posts by: Remington Lyman

Quote from @Remington Lyman:

Quote from @James Hamling:

Very well said @Joel Owens.

I am shocked, and simultaneously not shocked, at the disregard for your reach out. 

Just on the REI aspect, it seems odd to me, given the recent cycle of things isn't NNN a segment doing excellent in contrast to so many other real estate segments?

The 1 place we diverge is on ai. 

I have a different understanding of things in regard to ai, and how it is different this time. 

Previous tech disruptors; cell phones, the internet, the automobile, air flight, electricity.... All of these stretching back across time have the common thread of requiring human input, involvement, direction. 

ai is different. 

The ai we have today is a kind of dumb-ai. It only performs tasks per direction. 

Now, a person can long-chain a series of direction for it with pre set if/and/or directives as I have in some systems I currently run. But still, it's only following out human made orders. 

What you are hearing about in news and media of Aai, Agentic ai, that is the super-duper BIG DEAL stuff, total game and world changing level stuff, and were estimated to be a handful of months away from that. 

Agentic ai is where the ai no longer runs on programing given, it does everything itself to achieve a goal given. 

That's it in a nut-shell, you give it a goal to achieve and it just does everything else itself. The ai makes decisions, actions, adjustments, all those assorted things on how-to achieve the end goal. 

The ai is at that point autonomous. It's in a lot of ways just like hiring a human except it doesn't sleep, doesn't call in sick, it's always on and requires a wage a fraction that of any human wage. 

And the best and worst part is, ai ruthlessly carries out the mission of executing to achieve the end goal given in sociopathic efficiency. Because it has no emotions.

People are right to be freaking out at what it all means, because it does very literally change everything. 

I was a Manufacturing Engineer and for some time it's been a thought of dabbling back in. Now, it is only possible as maybe a hobby, that's it. Almost everything I did, ai will replace it, and do it better. 

Any actions one takes to identify posts as ai generated, has a very short shelf life. ai has recently surpassed human intelligence on some metrics. By end of 2026, it will have surpassed human intelligence on all metrics, by significant margins. 

Keep in mind ai intelligence doubles on average every 5 months. And it's a compounding rate of growth for ai as well. 

We humans have never experienced a disruptor like this, not ever. 

The only thing I can think of to put it into context is imaging of the native Americans had invented the "white man" landing on Plymouth Rock, and all that brought. Then compress the following 300 years, into 3 years....

Today ai is a tool that assists people. 

Tomorrow ai is a tool that augments most everyone. 

Next week's, ai and robots are an entity that replaces 70% of people.

Next month's...... 

I don't think people are just right for freaking out over all this, I honestly think most are not freaking out enough. If they were, if all were fully informed, they'd be pressing like gorillas to throttle the heck out of this. 

 Good. Then we can just all retire

"Good. Then we can just all retire"

Depends.... 

Do you consider living on UBI or pushing daisy's retirement.... 

Very well said @Joel Owens.

I am shocked, and simultaneously not shocked, at the disregard for your reach out. 

Just on the REI aspect, it seems odd to me, given the recent cycle of things isn't NNN a segment doing excellent in contrast to so many other real estate segments?

The 1 place we diverge is on ai. 

I have a different understanding of things in regard to ai, and how it is different this time. 

Previous tech disruptors; cell phones, the internet, the automobile, air flight, electricity.... All of these stretching back across time have the common thread of requiring human input, involvement, direction. 

ai is different. 

The ai we have today is a kind of dumb-ai. It only performs tasks per direction. 

Now, a person can long-chain a series of direction for it with pre set if/and/or directives as I have in some systems I currently run. But still, it's only following out human made orders. 

What you are hearing about in news and media of Aai, Agentic ai, that is the super-duper BIG DEAL stuff, total game and world changing level stuff, and were estimated to be a handful of months away from that. 

Agentic ai is where the ai no longer runs on programing given, it does everything itself to achieve a goal given. 

That's it in a nut-shell, you give it a goal to achieve and it just does everything else itself. The ai makes decisions, actions, adjustments, all those assorted things on how-to achieve the end goal. 

The ai is at that point autonomous. It's in a lot of ways just like hiring a human except it doesn't sleep, doesn't call in sick, it's always on and requires a wage a fraction that of any human wage. 

And the best and worst part is, ai ruthlessly carries out the mission of executing to achieve the end goal given in sociopathic efficiency. Because it has no emotions.

People are right to be freaking out at what it all means, because it does very literally change everything. 

I was a Manufacturing Engineer and for some time it's been a thought of dabbling back in. Now, it is only possible as maybe a hobby, that's it. Almost everything I did, ai will replace it, and do it better. 

Any actions one takes to identify posts as ai generated, has a very short shelf life. ai has recently surpassed human intelligence on some metrics. By end of 2026, it will have surpassed human intelligence on all metrics, by significant margins. 

Keep in mind ai intelligence doubles on average every 5 months. And it's a compounding rate of growth for ai as well. 

We humans have never experienced a disruptor like this, not ever. 

The only thing I can think of to put it into context is imaging of the native Americans had invented the "white man" landing on Plymouth Rock, and all that brought. Then compress the following 300 years, into 3 years....

Today ai is a tool that assists people. 

Tomorrow ai is a tool that augments most everyone. 

Next week's, ai and robots are an entity that replaces 70% of people.

Next month's...... 

I don't think people are just right for freaking out over all this, I honestly think most are not freaking out enough. If they were, if all were fully informed, they'd be pressing like gorillas to throttle the heck out of this. 

Hello, I'm new here. I'm at a point in my life where I think I want to get into rental properties. I own a home in Southern California and have a HELOC. I've been looking at properties in Cleveland, Ohio and Memphis, TN. At the prices I'm looking at, I know the property will need some rehab. I'm thinking about the type of loan that will put the purchase and rehab together. My down payment will come from my heloc. Also the fact that I don't know the area is making it difficult. How do you guys decide when a property is good enough to invest in and keep as a long term rental?

We recently took over the management of our own rental units. We currently have 4 units and we were looking for solutions to help with emergency call services. What do you guys recommend to help deal with emergency calls (eg. fire, flooding, leaks etc.) tenant call screening. Would love to hear your thoughts.

Myself and others have been on here a very long time and seen a lot. BP has gotten so big you can't reach anyone hardly for anything. Case in point the podcast. I have been on there numerous times but not in a long time. I am an expert on NNN for 21 years. You can't reach anybody to get on their show now. Same thing with Passive Pockets. I am a syndicator and was interested in their site. They said they would have the people running that part contact me. That was 8 months ago and never happened after numerous follow ups.

My time is worth 3,000 an hour I don't have time to chase people or go through lots of employees to find out who is doing what now. BP cycles through lots of employees now it seems and adds new ones.

In regards to AI

Engineers would tell you AI is the next coming of Jesus or something. IT'S NOT. It is another technology where people will ride the wave and then in a decade or so will normalize and integrate into the whole system of computers, robots, etc. It's another tool to use.

A way to have AI in the forums is to ASSIGN a key marker to each post a person makes before they submit it where it is AI-ASSISTED or AUTHENTIC.

Authentic meaning the person writes the whole post and any editing is done by themselves with NO use of AI.

If a person is caught saying authentic and using AI they get 1 warning. If they do it again they are banned from the site. I am not speaking for BP as like any moderator I am volunteer basis. I am looking at it how I would possibly solve the issue of this AI stuff in the forums and blogs etc. 

The problem with AI is it promotes laziness and curbs creativity. It robs a person of self discovery and self mastery with the journey of life. Anything in life is intimidating at first but is part of personal growth as a human being.

When someone first comes to a forum or speaks at a convention etc. it can be daunting to start. The practice with experience can make it better over time as a learned and honed skill. If people want to hide behind AI and try to do the work for them it hinders the realness behind the posts.

What make BP great is that is wasn't so polished. You could see people's strengths and weaknesses along with knowledge and decide if it's someone you wanted to connect with. If people are using AI enhanced photos, blogs, forum posts, etc. it's building a fake legacy where people do not know who you really are.

I celebrate all my imperfections as it is what makes me... ME. If I use AI to put out the same junk everyone else is then what makes me special is taken away and watered down.

BP has it's own mission now for it's growth and exit strategies. This forum topic isn't really going to change what they are doing. I just wish before adding more and more employees in the name of scale they would slow down to connect and fix what is already there and optimize that first.

If you keep adding on layers of new stuff on top of existing not working well you just keep growing a bigger and bigger mess.

Quote from @Remington Lyman:

Quote from @Henry Clark:

OP.  Let’s look at both sides of the AI topic.  I do t use any of it.  But……..   Recommend BP makes an AI section.  And monetize.  

1.  List of all people who died in town CXXXC and in the GIS property tax system there is a new owner in the last year.

2.    Bankruptcy filings in town XXXXX in the last 12 months.
3.   Same divorce filings.     
4.  Consistentlyblate property tax payments.  
5.  Elementary School closings.

6.  Church closings

7.  Daycare closings

etc etc.

I think it’s a buyers market.  Just need to find the situations. 

 I like AI. I just do not like it making up a large portion of the posts on BP.

I use AI daily

I'm curious, (I don't use AI) how do you check the AI answer for accuracy and application?

A student of mine ran an AI routine on a problem he was having, and to him it was a reasonable answer, but I could immediately see it would get him sued.

How do you verify something from AI ? Or, do you just go with what it says?

Quote from @Remington Lyman:

Quote from @Henry Clark:

OP.  Let’s look at both sides of the AI topic.  I do t use any of it.  But……..   Recommend BP makes an AI section.  And monetize.  

1.  List of all people who died in town CXXXC and in the GIS property tax system there is a new owner in the last year.

2.    Bankruptcy filings in town XXXXX in the last 12 months.
3.   Same divorce filings.     
4.  Consistentlyblate property tax payments.  
5.  Elementary School closings.

6.  Church closings

7.  Daycare closings

etc etc.

I think it’s a buyers market.  Just need to find the situations. 

 I like AI. I just do not like it making up a large portion of the posts on BP.

I use AI daily

 I would say AI is somewhat useful, or very useful, if you keep it under tight control. Couple of lawyers angered judge recently and were sanctioned, because they had AI draft a brief for them on a legal case litigated in court. It was not the writing style that angered the judge. It was the "AI hallucination" that earned his wrath and had the firm and lawyers reprimanded. AI actually invented the case that do not exist, made references and citations to it and argued the whole thing on the basis that does not exist anywhere other than in AI's hallucination. So, my advise to my fellow investors: be careful with AI if you use it for complex tasks. Google "AI Hallucination" to read on that subject. It is not reliable at all if you task it with serious subjects and problems to solve. 

As to AI generated spam, I think we should all distinguish it from genuine posts where someone just asked AI to correct the grammar and make the post more readable and comprehensible. I don't have anything against anyone who uses AI as advanced Word Processor. But using it ad infinitum, to argue the point or to create subjects of discussion, is annoying and will lead to deterioration of the quality of content on the forum. I am still not sure how to eliminate it. Who and how will decide if content is total spam or just something polished and corrected by AI? If AI will be in charge of it, how we know that stupid machine won't delete legitimate posts and favor those written by another AI?

@Remington Lyman

I guess part of my point gets lost in the fact that it is a two-dimensional forum.  BP is not the same company as it was when it was owned and operated by Josh.  There was a real community feel to it and decisions were made to protect and grow the community.  My surprise at it not being taken down is more of a commentary on how different BP is today.  I would not have been surprised if it were taken down to protect the brand before the community.

I assume when you say this is not an attack on BP, you mean the people.  The title is about the downfall of the forums so it is a pretty damning topic name.

@JD Martin, you are correct that change is inevitable and people will come and go naturally.  In my opinion, not enough has been done to keep some of the most popular voices in the forums active and engaged.  A common complaint, for lack of a better word, is that there is not enough carry over from the forums into the products like the podcasts ad live events.  There are some fantastic commentators who have years of wisdom and experience and yet, they are no where to be found on the podcasts and the yearly event.  For that reason, a lot of people that would attend or would listen in or would comment more in the forums, simply don't anymore. 

OP.  Let’s look at both sides of the AI topic.  I do t use any of it.  But……..   Recommend BP makes an AI section.  And monetize.  

1.  List of all people who died in town CXXXC and in the GIS property tax system there is a new owner in the last year.

2.    Bankruptcy filings in town XXXXX in the last 12 months.
3.   Same divorce filings.     
4.  Consistentlyblate property tax payments.  
5.  Elementary School closings.

6.  Church closings

7.  Daycare closings

etc etc.

I think it’s a buyers market.  Just need to find the situations. 

Quote from @Remington Lyman:

Quote from @Chris Clothier:

@Remington Lyman,

I'm surprised this post has stayed up this long.  

I'm late to the conversation because I only log on once or twice a week now, and if my name or company name is not tagged, I rarely have much to add anymore.  I wrote a longer post and deleted all of it after reading it.  

I used to love coming on the forums.  I liked the back and forth and the comaraderie that could be formed if you were willing to have a good, engaging debate.  There was a time when the site was great, but to be fair, the site has been losing value for posters for a long time.

I think it would look bad on BP for deleting the post. This is not a post dogging BP, rather getting other people's thoughts on the issue and possible fixes for it. I learned a lot of information from the post and I hope others do as well.

Yes. That has been the general consensus.

 I don't think most of the moderators curate anything that's critical of the site - I know I certainly don't. Criticism of the platform or of features is not really an actionable moderation event anyway. There's a list of offenses at the bottom of the page in the rules section and I think most of the moderators try to follow it. 

On the issue of long timers/old timers fading away, some of that is just natural attrition. People change over time and get different interests, or have less time, or die, or some combination of all of it. That's nothing new or unique to forums. Individually I find it unfortunate when my "friends" stop posting as much - like anyone here there's people I just click with, and others I don't, and I enjoy conversation with some people more than others. But as it pertains to the forum, as long as there's always a stream of newcomers arriving to participate in the conversations, and add their value, I don't necessarily think it's terribly harmful to the forums overall; it's just different. I could rattle off half a dozen posters that I miss seeing around, but I could also rattle off half a dozen "newbies" that are also keeping things interesting and bringing new perspectives. 

I get some of the viewpoints - I am not at all a big fan of change, in fact I usually prefer to fight it - but it's inevitable and while discussing problems is helpful, the best way for the forums to thrive is for people who are interesting and knowledgeable to start and participate in interesting threads.