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#5: Richard Fertig - Do Cool Stuff with Cool People

#5: Richard Fertig - Do Cool Stuff with Cool People

FromCompounding with Kevin Dahlstrom


#5: Richard Fertig - Do Cool Stuff with Cool People

FromCompounding with Kevin Dahlstrom

ratings:
Length:
81 minutes
Released:
Oct 4, 2022
Format:
Podcast episode

Description

Join us from the Outer Banks of North Carolina as I talk with Richard Fertig (@imrichardfertig on twitter), the founder of Stomp Capital. Richard is a pre-eminent expert and thought leader in short-term rentals (a.k.a. Airbnbs). He and the Stomp team are pioneering a new experience-first hospitality concept that will blow your mind—I think it's the future of luxury travel. Richard's vision is huge and his energy is infectious. Aside from his business accomplishments, Richard has built a great life with a "full send" mentality. Join us as we talk about investing, real estate and life. The YouTube version of this episode comes with a special bonus—an exclusive tour of Richard's EdgeCamp Sporting Club in the Outer Banks. You don't want to miss it!   Watch this episode on YouTube: https://youtu.be/L5M1rq5jx6w Swell & Kevin Dahlstrom: Kevin on Twitter: www.Twitter.com/Camp4 www.SwellMoney.com Mentioned in this episode: Stomp Capital: https://www.stompcapital.com/ RichardFertig.com: https://www.richardfertig.com/ Richard on Twitter: https://twitter.com/imrichardfertig STR University on YouTube: https://www.youtube.com/c/STRUniversity Stomp Capital on Twitter: https://twitter.com/stompcapital Caldera House: https://calderahouse.com/ Topics: (3:41) - Richard’s background & career (7:58) - Edgecamp Sporting Club (10:35) - The evolution of the STR asset class (14:48) - Luxury vs. Experience (18:41) - Richard’s ground-up approach to development (22:40) - Cost-basis investing (28:11) - Zoning rights acquisitions strategy (33:01) - Great things aren’t easy (36:45) - Thoughts on the Multifamily Asset Class  (41:50) - Adam Neumann entering the MF space (45:42) - Richard’s work building Workforce housing (50:38) - Richard’s growth plan over the next decade (56:07) - Swell (57:49) - What would you tell your 25-year-old self about building a great life? (1:06:10) - Luck, humility, and finding satisfaction in life (1:15:31) - What’s one thing you’re looking forward to right now? (1:18:56) - Where can people find you online?
Released:
Oct 4, 2022
Format:
Podcast episode

Titles in the series (8)

Compounding is a new podcast hosted by Kevin Dahlstrom featuring The Most Interesting People You've Never Heard Of—people who don't typically do podcasts because they're too busy living an incredible life! Our guests have broken society's mold to achieve the elusive balance between work, money, personal pursuits, and family. We'll visit each guest on location to take a look at their lives in their own home environment. Follow the show here & subscribe on YouTube to join us on this journey! Subscribe on YouTube here: https://www.youtube.com/channel/UCUY7HILPbPqDTUjvdOoqWuw Guests on Compounding will be folks who don't normally go on podcasts, usually because they're too busy living their lives! Follow the show here & subscribe on YouTube to join us on this journey.