Jason Richards @SimpleCRE

I like real estate and LP investing. Principal of a CRE firm/fund. Former @NAIGlobal Board Chair. *Not selling a course. linkedin.com/in/jasonwricha… Greenville, SC Joined December 2020

Tweets

9K
Followers

14K
Following

686
Likes

17K

Jason Richards @SimpleCRE

17 hours ago

Was asked to electronically sign a document to "witness" someone else electronically signing a document. What are we even doing here?

7 4 37 3K 0

View Details

Don’t ever invest with someone unless you are 100% clear on how they are being compensated. Ask direct questions and don’t be intimidated. There's no right or wrong, but generally speaking, if they can lose all your money and still come out well personally, that's a problem.

4 4 58 5K 5

View Details

Jason Richards @SimpleCRE

2 days ago

@realEstateTrent I tell our team that if they respond to all emails and return all phone calls within 24 hours, that will put them in the top 5% of business people. The bar is low.

0 0 17 636 1

View Details

Jason Richards @SimpleCRE

2 days ago

@PatCarino @aussieflya One of the vendors for our property management division brought a tray of bagel breakfast sandwiches the first wednesday of every month. Guess who kept the business for 20+ years until he retired?

0 0 2 35 0

View Details

Jason Richards @SimpleCRE

2 days ago

@SullyBusiness I write my to do list for the next day before I leave my office. I do a “daily 5” - five items that I WILL get done no matter what. That way I am moving the ball forward always and not getting bogged down in a perpetual list with dozens of items.

1 0 4 246 0

View Details

Jason Richards @SimpleCRE

2 days ago

20+ years in the business world has taught me this absolute truth: Every business day that you don't start out with a written to-do list is a day that you'll underperform your potential.

4 1 30 2K 3

View Details

Jason Richards @SimpleCRE

2 days ago

@stancell_casey @cityaestheticss Yes. But only in city limits. And you can apply for an exception.

1 0 0 44 0

View Details

Jason Richards @SimpleCRE

2 days ago

@JamesMBarnes1 Ouch. But true.

0 0 0 51 0

View Details

Jason Richards @SimpleCRE

2 days ago

@Law_Privacy This is absolutely correct, and sweat equity is a great path if you acknowledge it on the front end. I just think a lot of people don't properly consider it.

0 0 0 22 0

View Details

Jason Richards @SimpleCRE

3 days ago

People looking to start investing in real estate almost always forget to underwrite one variable: Time. Self-managing even one duplex as a side hustle to your day job can be a colossal drain on your energy and life in general.

9 0 24 2K 1

View Details

Jason Richards @SimpleCRE

2 days ago

@erics7yahoo truly not sure how real estate investing got the "passive" label.

1 0 0 34 0

View Details

Jason Richards @SimpleCRE

3 days ago

@SullyBusiness This rental house will cash flow $200 per week if I don't account for 10-15 hours weekly of my time and don't fund a capital reserve. Good deal!

0 0 4 289 0

View Details

Jason Richards @SimpleCRE

3 days ago

@donkeyDdevelops "Irreplaceable" is doing some heavy lifting in that headline.

0 0 3 492 0

View Details

Jason Richards @SimpleCRE

4 days ago

@ChuckMazzanti Behind schedule for sure but appears they have finished road and sewer work recently. Lots of announced tenants. Hoping they go vertical soon.

1 0 1 334 0

View Details

Jason Richards @SimpleCRE

5 days ago

It’s wild to me that we have a 20+ acre infill opportunity just a few thousand feet from the heart of downtown. This will be something special.

5 0 34 7K 0

View Details

Jason Richards @SimpleCRE

4 days ago

@CameronConner It was the site of the former county government administrative building (and a shopping center before that). They built a new admin building on one part of the site, and the rest is a large mixed use development. Roads and sewer I think just finished up.

0 0 1 393 1

View Details

Jason Richards @SimpleCRE

5 days ago

@PatCarino After settling here and visiting the same beaches over 20+ years, the slow erosion became obvious. Nature (and especially the life cycle of barrier islands on the east coast) will always win. That to say - I now rent.

0 0 6 762 0

View Details

Jason Richards @SimpleCRE

5 days ago

@realEstateTrent Looks like you bought it about 2.5 years ago. Sadly, that probably means it's time to get a new one if you're a heavy user. They don't make them like they used to!