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

Greenville, SC
Joined December 2020
Jason Richards retweeted
Solo walking twilight golf is the best (even when your ball is in the trap).
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Jason Richards retweeted
Just got home from a four day trip to Dallas. Every time I go, I am in awe of the growth (and the brisket).
Holler if you're down in Texas!
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Jason Richards retweeted
At this moment, as you worry about problems and challenges, there are things in your life that bring you great joy but that you take for granted and won't miss until they're gone. Reflect on that and be thankful for them while you still have them. This is a message to myself.
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Jason Richards retweeted
Replying to @shawngorham
The minute a service company (HVAC, plumbing etc) shifts their techs’ compensation to commission based, they cease to be aligned with the customer’s best interests.
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Replying to @realEstateTrent
The most useful life hack I ever learned: the daily five. Every day I make a list on a post-it note of five things that I ABSOLUTELY will get done no matter what else happens. And I do. This ensures I move the ball forward in spite of things that are out of my control.
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Replying to @moseskagan
At some level, I feel like every condo HOA is a ticking time bomb. Whether one year or 25 years down the line, at some point the needed maintenance will exceed reserves, and there will be a huge internal struggle. It's just a matter of "when" rather than "if."
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Replying to @realEstateTrent
I spend thousands at the coffee shop each year, but here’s the flip side: I make a lot more than that from conversations with other customers that lead to business opportunities. It pays to be a regular.
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Jason Richards retweeted
Replying to @realEstateTrent
I always say that many (perhaps most) of the really terrible real estate investment decisions I've seen made were done in order to avoid paying taxes on profits. People are funny.
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Jason Richards retweeted
Replying to @Cobylefko
I am always shocked by people who are "affordable housing proponents" who work to stifle a new development because it doesn't check EVERY box. At the end of the day, increased supply lowers prices - period.
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Jason Richards retweeted
Every one of our team members does a personal business plan every year. Reflecting on what you need to do for success (and writing it down) is a critical exercise. If you need a template, here are what I’d consider essential components of a basic plan:
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Jason Richards retweeted
Replying to @sweatystartup
I can't think of another business more than real estate where chaos = opportunity. You just have to have the right mindset.
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Replying to @realEstateTrent
Cold call on Friday afternoons. If they are working on Friday afternoon, they are more likely to need the money!
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Jason Richards retweeted
Replying to @Keith_Wasserman
I am eighteen years in from my first commercial property investment, and I can now confidently say with hindsight how quickly those singles and doubles add up. If you only go for grand slams, you’ll strike out a lot more.
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Jason Richards retweeted
Replying to @realEstateTrent
I always read the minutes of city and county council meetings. You can learn a lot about what’s coming to the community and make real estate decisions accordingly.
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Replying to @realEstateTrent
My two biggest real estate regrets over almost 20 years in the business are both deals where I hesitated just a day and missed out. Conversely, the BEST deal I ever did was one where I had to make a split second decision and took the plunge. Always be ready.
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Jason Richards retweeted
Replying to @realEstateTrent
You can’t squeeze blood from a turnip. It wastes your time and ruins the turnip. You’re smart to let tenants go if they truly can’t make it. Better for you and them.
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Jason Richards retweeted
Replying to @Levijameshere
If something has been listed for over a year and is having a call for offers, I view that as an opportunity. Clearly, the owners are tired of owning it, and the brokers want to sell before they lose the listing.
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Jason Richards retweeted
Replying to @SullyBusiness
I visit a local coffee shop 5-6 days per week. Including tip, it's about $26 per week, so over $1k per year. I've made multiples upon multiples of that from deals that have come from running into someone in the coffee shop. All that to say - splurge on the coffee.
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Jason Richards retweeted
I've gotten a lot of DMs lately from people who are looking to start investing in real estate as an LP (which is a huge compliment). But if you're just getting started and looking to invest $25k, I don't think Twitter is the best path. Here's what I'd recommend. 🧵👇
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Jason Richards retweeted
Replying to @realEstateTrent
A good landlord views the tenant as a partner (of sorts) in the property. If the tenant doesn't succeed, they can't pay rent!
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