Iman Jalali @Stealx Twitter profile | Pikagi

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Iman Jalali

@Stealx

17,150

Followers

2,707

Following

938

Media

8,075

Statuses

Chicagoland Multifamily, 800+ Units - Bear Peak Capital, Family Office - Sold Tech Co in 2013 - Buying Multifamily & Investing Into Private Cos

Chicago, IL

Joined June 2008

Don't wanna be here? Send us removal request.

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@Stealx

Iman Jalali

5 months

What I’m Up To: - Active offer out on a 24-unit in the Western Chicago suburbs - Getting term sheets for a $10MM multifamily refi (3-year term, going agency after) - DD on a data center land play in the SW Chicago suburbs - Investing into a DTC ecomm startup, will be actively

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@Stealx

Iman Jalali

2 years

Up until 2013, Pizza Hut was the largest buyer of kale in the US They used it to decorate their salad bar

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Iman Jalali

1 year

Unbelievable A Russian submarine commander was assassinated on his run yesterday He was posting his workouts on Strava! One of the people who liked the posts, was the Chief of Intelligence of Ukraine

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@Stealx

Iman Jalali

5 months

Someone needs to launch a Hibachi style breakfast spot Eggs, pancakes, hash browns, you name it, right in front of you Kids would love it!

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@Stealx

Iman Jalali

5 months

I don’t care what you say, there’s no reason a dishwasher should take 2 hours to run a cycle Seems like a 30 minute job, tops

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@Stealx

Iman Jalali

2 years

Rocket Mortgage reported $96 million in net income Thursday, down 93% from a year ago 93% 😮

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@Stealx

Iman Jalali

9 months

Costco should have a donation bin after checkout for the local food pantry I never need the 3 pack of ketchup, happy to donate 1 The 4 pack of pasta, the 12 pack of mac & cheese, so many bulk items there that I’d gladly donate if it was so convenient

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@Stealx

Iman Jalali

2 years

We’re 150bps away from a flood of F150 Raptors hitting the market

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@Stealx

Iman Jalali

1 year

Fun fact of the day Bose, the company that makes the most popular travel headphones and so much more, is owned by MIT Yep, MIT, the university, owns a company that does almost $4B/year in revenue

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@Stealx

Iman Jalali

2 years

When someone says "highest and best use" of real estate, this is what they mean:

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@Stealx

Iman Jalali

6 months

AirBnB is the Ticketmaster of vacation rentals 2 nights @ $375/night Total with fees: $1,321

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@Stealx

Iman Jalali

2 years

I’m not sure if people are more shocked by the fact that Pizza Hut was the biggest buyer of kale or the fact that Pizza Hut had a salad bar 😂

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@Stealx

Iman Jalali

9 months

McDonald’s is launching a new concept and I was just there and grabbed pics of a whole new menu of items never been offered before The concept is being launched in Bollingrbook, IL and it’s called CosMc’s It’s not open yet and there was a full team of actors in the drive thru

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@Stealx

Iman Jalali

5 months

Chicago is the only city in the US where all 7 Class I railroads converge Union Pacific, BNSF, CSX, Norfolk Southern, Kansas City Southern, Canadian National, and Canadian Pacific Diversity of industry, freshwater, no natural disaster risk, hub of Big 10 grad talent… long

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@Stealx

Iman Jalali

1 year

Shout out to every aspiring parent who has been through IVF or struggled with fertility issues Jillian & I have been on the journey for years and on our very last attempt, after 8 rounds of IVF, our son, Leo arrived on Tuesday We need to normalize talking about fertility

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@Stealx

Iman Jalali

27 days

@bethanyjbabcock Honestly didn’t even this level of service existed with any airline, incredible

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@Stealx

Iman Jalali

7 months

The redesigned Lexus GX550 will sell like crazy, mark my words.

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Iman Jalali

5 months

Spending the week at The Boca Raton Resort and it may be my new favorite luxury, family friendly resort Michael Dell, age yourself if you remember Dell Computers, bought it a few years ago for $875MM - $589MM for FF&E and $285MM for the Premier Club Goldman Sachs put up about

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Iman Jalali

1 year

Amazed by old school immigrant real estate investors In Chicago, I know a couple of groups (Persian, Indian, Vietnamese, Israeli, Polish) that own over $250M in random buildings across every Chicago neighborhoods What’s amazing about them? - They don’t know what a CAP rate

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@Stealx

Iman Jalali

1 year

Every major airport should have a hotel attached to it Not across the street/highway, literally walkable from the terminals

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Iman Jalali

1 year

@Matty_Ice__1

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@Stealx

Iman Jalali

2 months

Things I’ll never understand: - $80k truck, $150k house - $5k car, $2k car stereo - $50k watch, $398 in the bank - Politicians being allowed to trade stocks - There’s a max age for pilots, but not for Presidents What don’t you get?

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@Stealx

Iman Jalali

2 years

I found out yesterday that a tenant of mine has 15 active evictions in court. Yes, she has 15 different apartments around the state that have filed evictions on her. FML

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@Stealx

Iman Jalali

1 year

Vegas table service idea: Every table at the club gets engraved with the highest spend ever at that table I guarantee people will try to outspend the current leader so they can get their name inscribed on the table Current table leaders get exclusive perks

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@Stealx

Iman Jalali

6 months

I don’t think @Wendys understands why surge pricing works and in this case WON’T work The consumer will go to another restaurant if they even suspect surge pricing will be in effect With Uber or Lyft, the alternative to avoiding surge is a far different alternative than going

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@Stealx

Iman Jalali

1 year

@DrewDamnjanovic I’d be over the moon!

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@Stealx

Iman Jalali

1 year

Spotify should allow you to find your “Musical Soulmate” They have thousands of hours of my listening history Would love to know who in the world has my exact taste of absolute randomness

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@Stealx

Iman Jalali

1 month

Neighbor got his ducts cleaned today If the duct cleaner just knocked on my door and said, "I'm almost done with your neighbor's house and can do yours after for $150(?)" I would have said go for it, missed opportunity

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@Stealx

Iman Jalali

7 months

US airline pilots are required to retire at the age of 65 Air traffic controllers must retire at 56 Same should apply to our politicians

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@Stealx

Iman Jalali

2 years

My dad is going to Iran to visit family and this is what he’s bringing them Immigrants know what’s up

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@Stealx

Iman Jalali

2 months

Can’t hold your own umbrella, can’t run this great city @ChicagosMayor

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@Stealx

Iman Jalali

9 months

There’s been roughly $113 billion allocated to Ukraine since the start of the war There are approximately 13k public school districts in the US That’s about $8.7 million PER school district Imagine making that investment into our education system

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@Stealx

Iman Jalali

3 years

I’d love to hear @balajis join the @theallinpod for an episode. The back and forth with @friedberg & @chamath going at it with @balajis would be insane.

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@Stealx

Iman Jalali

5 months

So you’re telling me all those Amazon stores that allowed you to just walk out with your stuff wasn’t AI technology and it was just 1000 people in India adding up your cart 🤣🤣🤣

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@Stealx

Iman Jalali

1 year

I’ve used two different gutter cleaning companies for my house across the last few years Neither one ever reaches out proactively to schedule another cleaning Neither one offers a yearly plan for cleanings So much opportunity in these home service businesses

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@Stealx

Iman Jalali

1 year

4pm hotel check ins with a 10am checkout has got to go Greater flexibility is a game changer for a hotel brand

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@Stealx

Iman Jalali

2 years

New big city high rises have an amenities war putting in golf simulators, bowling alleys, multiple gyms, etc. and all targeted to 20-30 year old singles Someone should build one around young families: - Indoor toddler playground - Kids gymnastics play area - An arts and crafts

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@Stealx

Iman Jalali

4 months

Is this one of the greatest stories of NIMBY karma? Green Acres Country Club was once one of the best clubs in the Northshore of Chicago, in Northbrook, IL It's nearing 10 years of it sitting closed and dormant, with numerous proposals being presented to Northbrook to redevelop

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@Stealx

Iman Jalali

5 months

If you filed your taxes today, congrats on your W2 income If you filed an extension today, congrats on being an active investor with K1s

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@Stealx

Iman Jalali

7 months

We just sold our 168-unit for $22MM and what a ride it was Bought it for $14.1MM on March 26, 2020 (holy crap was it scary to close right as the country had gone into lockdown) Debt with Fannie at 3.09% fixed, 12 year term and 5 years IO (assumed) The property is in Oswego,

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@Stealx

Iman Jalali

2 years

My wife likes to clean the house before the house cleaner shows up 🤦🏻‍♂️

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@Stealx

Iman Jalali

2 years

Golf courses piss me off. Here’s why:

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@Stealx

Iman Jalali

1 year

Shoot your shot Years ago I was working on a project and needed a meeting with Stubhub exec's ASAP I figured out which exec was the most likely decision maker for my ask and then did some research and realized they were a big University of Texas football fan I went on eBay

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@Stealx

Iman Jalali

4 months

My offer to fellow Chicago area real estate owners/investors My entire Rolodex is open to you - Need a lender? Whether $2MM or $100MM, I’ve got great options - Need high quality, but cost conscious cabinets? Been using two different local groups for years now - Need a

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@Stealx

Iman Jalali

1 year

@webimaginacion Google it

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@Stealx

Iman Jalali

5 months

Biggest threat to Chicago Slowing down the flow of Big 10 graduates moving here For decades, Big 10 grads top cities to move to after graduating always had Chicago in the top 3 Nowadays, there’s just more options… options that weren’t really popular 20 years ago

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@Stealx

Iman Jalali

7 months

Mayor Brandon Johnson of Chicago has been an absolute and utter failure It comes as no surprise to those who knew him before becoming mayor, this was predictable and avoidable “incompetence of this administration” is starting to show more and more We need to do better for

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@Stealx

Iman Jalali

2 years

If you’re not married and/or have kids, don’t you dare talk about work life balance The reason I’ve reached this point in my career is because I basically slept at the office during my 20’s And I don’t regret it one bit

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@Stealx

Iman Jalali

5 months

@jmwass Screw sitting at the counter, I want the family posted around the flattop and the chef tossing potatoes into your mouth

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@Stealx

Iman Jalali

9 months

It’s time we ban recipe websites that start off with a life story of the author and you have to scroll forever to find the recipe

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@Stealx

Iman Jalali

2 years

Smallest, but my favorite deal of the year Bought a 10-unit right next to Wrigley Field. Covered land play. Almost 8k sq fit of dirt that can one day be turned into up to 17 units

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@Stealx

Iman Jalali

1 year

I send handwritten thank you notes on Crane Stationary Crane also provides the paper that US currency is printed on My thank you notes literally feel like money

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@Stealx

Iman Jalali

10 months

My first thought when I see trucks like this is: “The margins must be great.”

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@Stealx

Iman Jalali

2 years

@cb_doge @elonmusk Looks like he stole Zelenskyy’s shirt 😂

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@Stealx

Iman Jalali

1 year

Going from $1M to $5M net worth is far more life changing than going from $50M to $100M

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@Stealx

Iman Jalali

4 months

Why are we allowing ourselves to be poisoned? When you go to Mexico, something you may notice is that cereal boxes are different, less ingredients, less sugar and in 2021, the Mexican government banned cartoon characters from the front of any food packages with warning labels

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@Stealx

Iman Jalali

6 months

@sweatystartup I didn’t work this hard to lose it all in a bar fight

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@Stealx

Iman Jalali

5 months

@mbenson6 That’s insane I may stop everything I’m doing and launch a sub-hour dishwasher

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@Stealx

Iman Jalali

1 year

@ALT_uscis @williamlegate Please cite the personal identifying aspect of this. Idiot.

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@Stealx

Iman Jalali

2 years

@BostonBen5 Create an email address for them, set yourself up as a back up for password recovery Starting today, start emailing them Tell them what you’re feeling today, nervous, anxious, excited? Attach a pic of your wife and you. Email them after birth and continue every so often

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@Stealx

Iman Jalali

9 months

@heydannypeavey It seems like an evil love child of a Taco Bell and a Starbucks

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@Stealx

Iman Jalali

1 year

1933 vs. 2022 Nothing is new

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@Stealx

Iman Jalali

2 months

Lunch meeting rolls in with this hat on

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@Stealx

Iman Jalali

5 months

@Mike212nyc Nope, but thanks for playing

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Iman Jalali

5 months

Alarming how most don’t know the difference between a Benihana and a Waffle House

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Iman Jalali

9 months

@SinaiLawFirm Can you create a website and upload all court docs? So if anyone in the future searches their name, it comes up.

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@Stealx

Iman Jalali

1 year

@BGrueskin @nicoleperlroth Congratulations on saying the biggest number, you fucking morons

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@Stealx

Iman Jalali

1 year

I’m the A hole who can’t walk into small businesses and keep his mouth shut The local barbershop uses a tablet POS for payment and their tip options were way too low: $4, 6 & 8 and then Custom The avg service is about $35-45. I suggested they up it $6, 8 & $10. At my next

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@Stealx

Iman Jalali

2 years

A little over a year ago I started buying units in a 240-unit condo complex Then I joined the HOA board Then we made a deconversion offer to buyout all the condos and turn them into apartments Last week I was voted off the HOA 😂

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@Stealx

Iman Jalali

6 months

Nothing says paycheck to paycheck more than a Dodge Charger Nothing says commission check to commission check more than a Range Rover

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@Stealx

Iman Jalali

5 months

@Lachlan_Mc That it’s technologically possible to be way shorter

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@Stealx

Iman Jalali

2 years

These default tips on restaurant POS systems is getting crazy 25% 35% 45%

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@Stealx

Iman Jalali

2 years

Instead of buying $100k of crypto last year I should have bought chickens An egg laying chicken is about $25, so about 4k chickens and each chicken lays about 5 eggs/week, so 20k eggs/week output At $8/dozen we’re talking $50k+/month What am I doing buying crypto or RE?!

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@Stealx

Iman Jalali

5 months

@MichaelDell OMG my mind is blown 🤯 You just made my day

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@Stealx

Iman Jalali

2 years

Expecting a kid or have young kids already? The obvious thing to do is to create them an e-mail address, but the not so obvious one is to start writing them emails before and after they're born Start today, start emailing them

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@Stealx

Iman Jalali

2 years

Lord grant me the confidence of an out-of-state investor buying a rental property remotely without ever visiting the area it's located in

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@Stealx

Iman Jalali

11 months

$208,963.85 That's how much we've spent on legal fees in the last 12 months on evictions alone Currently have 21 active eviction cases across 875 units This is across Lake, Cook, DuPage and Kendall Counties in Illinois, none of them are in the City of Chicago. Let me make

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@Stealx

Iman Jalali

4 months

A friend recently opened a new restaurant and did something I love In what was a non-revenue generation portion of the restaurant she put in a fridge selling some of the restaurant’s staple items Salad dressings, soups, marinara sauce, tuna salad, etc. Smart!

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@Stealx

Iman Jalali

4 months

Chicago has over $5B of CMBS office debt and 75% of that collateralized debt is DISTRESSED There’s no way around it, Chicago/Cook County is going to see property tax revenue from commercial RE drop quickly across the next few years That leaves the county with two choices, cut

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@Stealx

Iman Jalali

6 months

@elonmusk @Jason #GROK

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@Stealx

Iman Jalali

1 month

Roofer who came out in a wrapped Cybertruck didn’t appreciate my joke “I’m expecting your bid to be through the roof after seeing the truck”

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@Stealx

Iman Jalali

1 year

Chicago hit an all-time occupancy record for hotel rooms over the weekend About 97% occupied, roughly 44k hotel rooms booked Let’s go Chicago!

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@Stealx

Iman Jalali

2 years

Lowered rents at a property yesterday I don’t remember the last time I lowered them anywhere and I don’t think it’s the last time I will either

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@Stealx

Iman Jalali

6 months

Jamie Dimon, is that you?! Why you creepin’ on my LinkedIn?

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@Stealx

Iman Jalali

3 years

If @theallinpod doesn’t release a new episode before the weekend I’m canceling the weekend.

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@Stealx

Iman Jalali

2 years

I've heard the bull case for Austin, Miami, and Nashville a thousand times by now. What's a non-obvious market that investors should be looking at?

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@Stealx

Iman Jalali

5 months

And if you’re a GP, this place is absolutely crawling with money I was in an elevator wearing a @rhone shirt and guy goes “nice shirt, I was an early investor” This place is an LPalooza

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@Stealx

Iman Jalali

1 year

If I was the CEO of Costco I’d look into adding car washes to new build sites, alongside the gas station Make it reccurring monthly membership only, either month to month or tack on $X/annually to a new tier of membership for Costco

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@Stealx

Iman Jalali

10 months

I was blessed for almost 40 years to have no one in my life who had committed suicide Sadly, a few years ago, that changed and it’s been one after another 4 in the last 3 years and it’s breaking my heart Artem and I first started talking in January. We’d DM about random

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@Stealx

Iman Jalali

2 months

Posted a job on Craigslist today, a sampling of replies: - “I want it.” - “What’s your address? I’ll be there Monday.” - “HEY! YOU HIRING?” - “When do I start?” - Multiple with just a phone number and nothing else This is not how you land a job people

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@Stealx

Iman Jalali

2 years

I want to ask every G Wagon owner what went wrong in their life to buy that car and not what went right for them to be able to afford it

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@Stealx

Iman Jalali

9 months

@McDonalds @McDonaldsCorp If you're not mad at me for leaking the menu photos, can I do a sneak peak tasting of some of the new items? Pretty please with a golden arch on top

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@Stealx

Iman Jalali

2 years

Checked into a vacation rental now with a digital touchpad “concierge”, pretty cool touch Definitely adds a cool first impression

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@Stealx

Iman Jalali

1 year

@zerohedge Reportedly, Ryan Reynold’s owns about 25% of it, so a nice $337M payday for Deadpool

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@Stealx

Iman Jalali

8 months

Why did my pilot just ask me to tip him? Tipping culture is out of control

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@Stealx

Iman Jalali

11 months

After talking to a few Chicago area multifamily brokers We’re now in a stage where there are deals, primarily $2-15MM, with little to no bids It’s about to get ugly

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@Stealx

Iman Jalali

3 years

If you buy a property within an HOA, you’re just a renter with equity.

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@Stealx

Iman Jalali

4 months

@GrulkeLamonte Moral of the story: You do you. Don’t listen to keyboard warriors on here. 99% of the people won’t ever try doing what you’re doing, but they’ve got opinions like they’re experts. Keep killing it.

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