
Richard Priest
@xRichardPriest
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š San Diego | SoCal | Vegas šļø Real Estate | Construction | Investing š Syndication ⢠PM/CM ⢠Development š¬ Sharing the game. Building value.
San Diego
Joined December 2024
Did you know when a contractor works through insurance they charge more than if a homeowner paid cash? . Hereās real life proof the homeowners insurance system is FLAWED ā¬ļø. š§µ.
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Appraisers notice more than square footage. Roof type, age, and system layout all affect how investors and lenders view long-term risk. Cheap roofs = long-term pain. #realestate #construction #investing #realestateinvestor #newconstruction #CRE #realestatedevelopment
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Thereās a fine line between āmarketingā and ābegging.ā Too much exposure signals weakness. Curate your outreach and protect leverage. Quality vs quantity when raising capital. #realestate #construction #investing #realestateinvestor #newconstruction #CRE #realestatedevelopment
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Small lot developments often skip formal HOA docsābut future buyers rely on them. Without one, thereās no way to enforce shared rules, roads, or drainage. Get the lawyers in early. #realestate #construction #investing #realestateinvestor #newconstruction #CRE
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Interior corridors are a design flexābut theyāre expensive. Youāll need extra fire-rated walls, ductwork, and code compliance. Donāt assume the switch is aesthetic-only. Itās financial too. #realestate #construction #investing #realestateinvestor #newconstruction #CRE
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Itās not just āIs the pipe there?ā Itās āCan it handle your build?ā Cities often have aging or overloaded systems. Always confirm capacity with public works. #realestate #construction #investing #realestateinvestor #newconstruction #CRE #realestatedevelopment #wealthbuilding
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Discount brokers are gaining tractionābut cheaper isnāt always smarter. In real estate development, strategy, local insight, and execution matter more than saving a few grand upfront. A ālow-feeā agent can cost you long-term value. Choose wisely. #realestate #construction
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Inclusionary zoning can add density, but it also caps income on some units. If you donāt model this early, your returns wonāt match reality. Know your local thresholds. #realestate #construction #investing #realestateinvestor #newconstruction #CRE #realestatedevelopment
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That āone-acreā parcel? It might be .87 acres after right-of-way dedications. Always get a civil engineer to map existing and proposed ROW lines. Zoning isnāt the only constraint. #realestate #construction #investing #realestateinvestor #newconstruction #CRE
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šļø JJ Worldwide Services landed a $495M contract with the U.S. Air Force to deliver global construction and repair services at medical facilities. This long-term deal strengthens mission readiness and healthcare infrastructure at bases worldwide. #realestate #construction
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Developing attached product isnāt just about saving spaceāitās a legal maze. Shared structures create long-term risk without clear documentation. Donāt let HOA lawsuits catch you off guard. #realestate #construction #investing #realestateinvestor #newconstruction #CRE
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Real estate is hyper-local. Using the wrong side of the freewayāor school districtāas your comp set will skew your pro forma. Walk the submarket. Know the real rent story. #realestate #construction #investing #realestateinvestor #newconstruction #CRE #realestatedevelopment
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Odd-shaped or undersized lots are overlookedābut the right product can make them goldmines. Think beyond cookie-cutter layouts. Density comes in many forms. #realestate #construction #investing #realestateinvestor #newconstruction #CRE #realestatedevelopment #wealthbuilding #land
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š„ WellSpan celebrates major progress on 3 hospital projects across Pennsylvania, totaling nearly $450M. Facilities in York, Chester, and Lebanon Counties are on track for phased openings in 2026āenhancing regional access to critical care. #realestate #construction #investing
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Mixed-use means more than stacking usesāit means separating utilities. Shared systems create legal and maintenance nightmares. Plan for independent MEPs or pay the price. #realestate #construction #investing #realestateinvestor #newconstruction #CRE #realestatedevelopment
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