Jason Richards

I like real estate and LP investing. Principal of a CRE firm/fund. Former @NAIGlobal Board Chair. *Not selling a course.

[Jason Richards @SimpleCRE]

I started investing in real estate at a young age and thought I knew it all. I was wrong, and I've learned over two decades that an established network of expert providers is essential to make it in this business. A thread of the contacts every property investor should have: 👇

[Jason Richards @SimpleCRE]

@rhunterh They are going north to hunt deer in Central Park after work.

[Jason Richards @SimpleCRE]

@mattfromcobb Greenville, SC can confirm this a good idea.

[Jason Richards @SimpleCRE]

@Toboldlygo555 Agreed - I think they only do Monday night though? Kevin is so good at his craft. I think football on the radio may be his best and ironically probably least known gig.

[Jason Richards @SimpleCRE]

Been in the car a lot lately, and I’m starting to feel like listening to an NFL game on the radio with a good play-by-play announcer might be better than watching it on television.

[Jason Richards @SimpleCRE]

@tedaust Agreed - Kiawah is always wonderful, and there’s no bad time at the beach in general, but the summers are super crowded and hot. Fall is multiples better IMO.

[Jason Richards @SimpleCRE]

It’s not for everyone, but I’ll take cool, overcast and breezy, sitting in a chair and reading on an empty beach over warm, sunny and crowded every time.

[Jason Richards @SimpleCRE]

@tedaust Beach in the summer is not great. Love fall and winter beach. Kiawah especially.

[Jason Richards @SimpleCRE]

@clarkgaines Upper King was definitely more active today.

[Jason Richards @SimpleCRE]

Most expensive retail rents in the southeast (outside of South Florida)?

[Jason Richards @SimpleCRE]

@zekester116 Yep I walked it from 26 all the way to Broad. Upper King is a lot more active it seems.

[Jason Richards @SimpleCRE]

@Mike_Hironimus If it’s stabilized, yes. But it likely wouldn’t be for sale if so.

[Jason Richards @SimpleCRE]

Random real estate niche rant but selling a golf course is tough. Tons of activity - everyone wants to own a golf course… until they realize it requires RUNNING a golf course.

[Jason Richards @SimpleCRE]

@WesleyP91308 I have a friend who owns two golf courses. Both the clubs I belong to (one of which is a top 150 course) are owned by individuals. It’s wild!

[Jason Richards @SimpleCRE]

@J264B Not to that point yet. Listing isn’t that old. But it could certainly happen!

[Jason Richards @SimpleCRE]

@ZanirHabib People who actually know how to run a golf course can do pretty well!!

[Jason Richards @SimpleCRE]

@Spadey12 I found the listing online. I called to see if it was under contract before I went to the trouble of creating an LOI.

[Jason Richards @SimpleCRE]

Just called a broker to see if a listing was still available. He said “No, it’s under contract” and stopped talking. I said thanks and hung up.

No “Tell me what you’re looking for” or “Let me show you what comparable deals we have.” No effort to get a deal going at all. Sad.

[Jason Richards @SimpleCRE]

@DButterfieldRPh Yeah it was the junior guy on the listing. He for sure should be hungrier. Might have sold another seven figure listing. 🤷‍♂️

[Jason Richards @SimpleCRE]

@edugiansante Literally gave him almost ten seconds to say something else before I spoke. Very awkward.

[Jason Richards @SimpleCRE]

@Mr_Neutral_Man Absolutely. W-2 folks don’t get it. Got my last K-1 just a week ago. It’s a slog!

[Jason Richards @SimpleCRE]

You know you’re in real estate when you file your taxes on October 13th and feel like you got them done “early.”