richard fertig | next gen hospitality developer @imrichardfertig
Founder @ Stomp ($75mm+ w LPs) Current locations: Southampton, Outer Banks, Nosara Ex: Wharton MBA, Blackstone, Co-Head of Investments Ramius ($4.5 billion aum) stompcapital.com Jackson, WY Joined February 2009-
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Time flies. 👉Minor decisions can have massive impact. 5 yrs ago, Erika my new gf (only dating for 45 days), reluctantly joined my Outer Banks dev meeting w architects, designers, engineers as we worked on our first Edgecamp build. “Why? I don’t know anything, why do you…
Key Man Risk - Speaking w prospect LP re: our Crested Butte fundraise and he asked, "not to be morbid, but what happens if..." 1) GREAT question - every LP *should* ask (few do) Stomp Capital Next Gen Hospitality Fund is named beneficiary on a $20mm life insurance policy.…
So for those curious about what happens when power is shut down (at least in Nosara, Costa Rica): - cellular continued to work for about 4 hours. Then, no mas. Battery back up for antenna died? - friends hotel has generator and fiber internet and that worked great ✅ (until,…
Things that make you go 🤔 Recently dealt w this anomaly: A realtor who was actually a deal killer, and not a deal maker. Long multi decade career, but would have to wonder how many deals s/he killed for clients?
Forced time out. Costa Rica undergoing major electrical upgrades today. Entire electric grid shut down 7am - 5pm Good news? Surfs up! 🏄 Pura vida.
For those unfamiliar w Nosara, Costa Rica 🇨🇷, Blue Zones, and the Pura Vida lifestyle… this is a great start mansionglobal.com/articles/nosar…
Updated rendering of the Pamlico Station living room, interiors by Jonathan Adler. Can't wait for all our future guests (and LPs) to come and enjoy this new boutique hotel in the Outer Banks.
Thanks @DannPetty ! 🙏 For those interested in a full buyout for corporate events, we can now host > 75+ people (and more as we continue to develop more in the near future) Edgecamp dot com
Thanks @DannPetty ! 🙏 For those interested in a full buyout for corporate events, we can now host > 75+ people (and more as we continue to develop more in the near future) Edgecamp dot com
So, in the interest of full disclose… Pura Vida and Costa Rica are great. Less great? The scorpion 🦂 my fiancée found in the shower. Remember friends, there’s a wild jungle out there.
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4K Followers 246 Following RE special sits originator focusing on top 25 MSAs@imrichardfertig I've got a good one - seems you have as well!
It makes me feel like these people should call me when they are ready to trade up to Jackson Hole… but in all seriousness, I just want my family to have fun skiing in any conditions with me or their friends.
Interesting question… You’re on a ski trip in Colorado and you go for a walk. You stroll past these houses. What does it make you feel? Impossible to achieve or inspired? Do you villainize these people or admire them? Your answers will reveal a lot about yourself.
This is a photo of my wife and I - she is the perfect example of what it means to be a great partner. She is Brazilian - born and raised, pursuing a life and career in the USA. She is also the reason I am able to pursue my professional dreams. You see, throughout our…
you want rich friends in your life until they do some rich shit last night i was leaving dubai on my way out stopped for a quick dinner/cigar with @GadzhiIman 10 min before I leave to the airport… he jokes about cancelling the flight & sending a quick trip to Maldives with…
@imrichardfertig When I was younger I would never agree with this.
Own stuff people will want to pay a higher price for in a few years.
The 4hr Workweek gave me the impression it’s possible to get rich without working really hard. Maybe that’s possible for some people; it certainly wasn’t for me.
@imrichardfertig That is nice Rich, you always have a positive take. Keep it up.
@imrichardfertig 100% it starts with the relationship. Agree it’s the best arrangement
@imrichardfertig I work with my wife and we have different roles so we don’t step into each other. Proven system that works fine for us
@imrichardfertig Great decision to work with your partner
@imrichardfertig What an incredible journey and testament to the power of seizing opportunities and taking calculated risks! It's remarkable how seemingly small decisions can lead to such significant outcomes.
@imrichardfertig Excellent instincts. Happy for your R
@air_real_estate @imrichardfertig It was legit GREAT. So simple. So good
@imrichardfertig Starlink and propane powered generator has been successful combo in Bahamas, every time thunder / lightning in area they shut power so common occurrence there
@imrichardfertig Reliable Plan B: Honda EU2200 generator and StarLink.
@imrichardfertig Would love to, skiing there is definitely on my list.