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-
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One of the easiest ways to find your next real estate deal is to be cordial and easy to work with on your current deal. The sellers and (more importantly) their broker will remember that. Easy buyers who perform get the first call when there is a new opportunity.
Life tip: Just because someone is wrong doesn't mean you have to acknowledge it or try to correct them. Understanding when it's appropriate to keep quiet and let an incorrect statement pass is a talent that will help you greatly in business (and definitely in marriage).
One of my favorite houses in Greenville is for sale: a 1929 structure downtown that was previously a synagogue and several churches. It was converted to a home about 15 years ago. Amazing bookshelves and a really cool bedroom under the dome. Incredibly unique!
Went to look at a potential office building acquisition. Probably the biggest indicator that I found a diamond in the rough was the AV setup in the CEO's office. Yes, this is a real photo.
Found this cool 8-unit infill building on a walk this weekend. Nice bump in density for this half acre lot on the edge of downtown.
Probably dating myself a little bit, but I was pretty excited by the album selection at the coffee shop this morning.
A buddy bought a building that was an ok investment on paper but was actually a GREAT deal because he knew the city's plans included putting a major pedestrian trail behind it. Read your city council/zoning/planning commission minutes and updates. They are gold.
One of my favorite terms that has risen in real estate prominence is "barndominium." It's a higher end barn/workspace with attached apartment. Huge uptick in these with the rise in popularity of hobby farms and weekend hunting tracts in the last few years.
The best performing LP investments that I have made were with funds/shops that had little to no public presence and horrible technology. But they know real estate. As with everything, substance matters more than a flashy presentation.
My favorite single tenant NNN real estate at the moment is anything car related (AutoZone, Caliber Collision, oil change etc). Crazy high new and used car pricing means any business related to car longevity has staying power.
People like to talk about themselves. The sooner you realize that and use it to your advantage, the more successful you'll be.
Why would you pay for a domain for your company, use it for your email, and then have nothing there if someone visits the address? Not even a landing page, much less a functioning website. Seems like a horrible intro to your business. I see this ALL the time.
Hack to find good food in any city: Search reviews for restaurants that are “cash only.” Any place that only takes cash and manages to survive in this day and age HAS to be worth it.
People very carefully choose a type of doctor for specific health needs. Yet for some reason, they think that the attorney and accountant in their golf foursome are capable of handling anything. They aren't. Hire professionals who focus on your niche (especially in real estate).
If a commercial real estate broker’s development site listing says “Sewer is nearby,” you can generally assume that the word “nearby” is doing some heavy lifting.
Some of the best real estate deals I've participated in were properties that were listed for more than six months or even a year. Don't write something off just because everyone else has. Often, that's where the best value is found.
Paraphrasing from church this morning; Share your joys, and they are multiplied. Share your burdens, and they are divided. In a time of increasing isolation, community is so important. Find your people and be with them.
If your first offer is accepted quickly without a counter, then you overpaid. Even though the number obviously works (or you wouldn't have made the offer)... It still stings a little.
“No one cares about it as much as I do” is an excuse too often used by business and real estate owners to justify not hiring or engaging others to help. You have to let go if you want to grow.

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