Richard Fertig
Founder & Chief Investment Officer at Stomp Capital LLC- Claim this Profile
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Bio
Arthur Warring
Richard has an extraordinary ability to detect underpriced asset classes, and not only act on the opportunity, but increase its potential valuation through his thought leadership. Richard basically invented the concept of Short Term Rental 3.0 - STR-specific development, custom-built and operated as part of a portfolio of differentiated locations. He's already America’s #1 expert in STR investment through his STRU ventures from YouTube to in-person conferences, and in STOMP he's building the groundswell to deliver extraordinary value to investors through the combination and amplification of his personal STR portfolio with new opportunities I find working with Richard energizing and challenging in all the right ways.
Arthur Warring
Richard is a rare combination of a visionary and a do-er. He sees the opportunity then he puts the team in place to get the job done, and he gets hands on with you to do make it work. He has the instincts and ability to review work and make clear suggestions that make the next iteration better, fast - and ultimately realize that original vision in the real world.
Arthur Warring
Richard has an extraordinary ability to detect underpriced asset classes, and not only act on the opportunity, but increase its potential valuation through his thought leadership. Richard basically invented the concept of Short Term Rental 3.0 - STR-specific development, custom-built and operated as part of a portfolio of differentiated locations. He's already America’s #1 expert in STR investment through his STRU ventures from YouTube to in-person conferences, and in STOMP he's building the groundswell to deliver extraordinary value to investors through the combination and amplification of his personal STR portfolio with new opportunities I find working with Richard energizing and challenging in all the right ways.
Arthur Warring
Richard is a rare combination of a visionary and a do-er. He sees the opportunity then he puts the team in place to get the job done, and he gets hands on with you to do make it work. He has the instincts and ability to review work and make clear suggestions that make the next iteration better, fast - and ultimately realize that original vision in the real world.
Arthur Warring
Richard has an extraordinary ability to detect underpriced asset classes, and not only act on the opportunity, but increase its potential valuation through his thought leadership. Richard basically invented the concept of Short Term Rental 3.0 - STR-specific development, custom-built and operated as part of a portfolio of differentiated locations. He's already America’s #1 expert in STR investment through his STRU ventures from YouTube to in-person conferences, and in STOMP he's building the groundswell to deliver extraordinary value to investors through the combination and amplification of his personal STR portfolio with new opportunities I find working with Richard energizing and challenging in all the right ways.
Arthur Warring
Richard is a rare combination of a visionary and a do-er. He sees the opportunity then he puts the team in place to get the job done, and he gets hands on with you to do make it work. He has the instincts and ability to review work and make clear suggestions that make the next iteration better, fast - and ultimately realize that original vision in the real world.
Arthur Warring
Richard has an extraordinary ability to detect underpriced asset classes, and not only act on the opportunity, but increase its potential valuation through his thought leadership. Richard basically invented the concept of Short Term Rental 3.0 - STR-specific development, custom-built and operated as part of a portfolio of differentiated locations. He's already America’s #1 expert in STR investment through his STRU ventures from YouTube to in-person conferences, and in STOMP he's building the groundswell to deliver extraordinary value to investors through the combination and amplification of his personal STR portfolio with new opportunities I find working with Richard energizing and challenging in all the right ways.
Arthur Warring
Richard is a rare combination of a visionary and a do-er. He sees the opportunity then he puts the team in place to get the job done, and he gets hands on with you to do make it work. He has the instincts and ability to review work and make clear suggestions that make the next iteration better, fast - and ultimately realize that original vision in the real world.
Experience
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Stomp Capital
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Real Estate
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1 - 100 Employee
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Founder & Chief Investment Officer
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Jul 2021 - Present
Thrilled to announce the Stomp Capital Short Term Rental Opportunities Fund LLC launch with a focus on developing, purchasing, and renovating, world class assets in a diversified portfolio of short term rentals. We are among the first Fund offerings to target this niche, emerging asset class that is rapidly disrupting Hospitality as we knew it. Richard's prior experience as Co-Head of Investments at Ramius Capital, and previously at The Blackstone Group is the foundation for due diligence, portfolio construction, and risk management. In combination with his vantage point running Short Term Rental University (the #1 online education YouTube Channel, Facebook Group, and having helped hundreds of thousands of followers) enables him to look forward and create "Modern Hospitality" combining the best of hotels, with the lower operating costs and privacy of villa rentals. Richard is the portfolio manager and operator utilizing his foremost short term rental expertise. *** This fund is available only to Accredited Investors. To learn more, check Stomp out here: https://geni.us/LyAEF Show less
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Edgecamp Sporting Club
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United States
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Hospitality
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Founder & Managing Member
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Jun 2018 - Present
Edgecamp Sporting Club is an innovative hospitality concept focused on providing the comfort and leisure our well heeled clients enjoy globally but do so in world class locations with ideal conditions for their preferred sport. Our first project launched in the Outer Banks of North Carolina where we own the last 50 acres of developable land on this National Seashore barrier island. Our first home, 12000 square feet, 14 bedrooms on the Sound is ideally located near "The Slick" which is a world class Kiteboarding destination. We currently own and are renovating similar properties in Nosara, Costa Rica (focused on surfing and yoga), and golf locations in Palm Springs, CA and Palm Beach, FL. Show less
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Short Term Rental University
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United States
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Online Audio and Video Media
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Founder
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Nov 2016 - Present
Resulting from the Founder’s decades of experience owning, renovating, flipping, and renting real estate, Short Term Rental University was developed to share the culmination of his knowledge with individuals seeking primary and additional, “side gig” sources of income. Currently the owner and operator of boutique hotels in Palm Beach, FL, Palm Springs, CA, and Nosara, CR, plus Edgecamp Sporting Club in the Outer Banks, and several individual single family villas for rent, Richard Fertig is an Airbnb Superhost and one of the foremost experts in short term rental investing and management. His unique online education program is available at www.str.university.com where users can register for his new Cohort Based Course on professional STR investing and management. The STRU YouTube channel has 53k+ subscribers, the STRU FB Group has 36k+ members, and Richard has taught hundreds of entrepreneurs in person at STRU Live events (Nashville, Miami, and Outer Banks). Richard currently has hundreds of students enrolled in his new Cohort Based Class and on his waitlist for future courses. Register here: https://geni.us/FgBC0 Show less
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Brilliant Transportation
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Leisure, Travel & Tourism
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1 - 100 Employee
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President & CEO
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Feb 2010 - Present
Brilliant is a revolutionary ground transportation Agency focused on the design and production of B2B solutions for Corporate Events, Executive Travel, and high end Wedding transportation by focusing on quality, experiential solutions, and true partnership with best of class clients. Based in New York City and Los Angeles, Brilliant's dedication to Make Travel Great® is setting the standard for all Event, Wedding, luxury and business transportation. Former hedge fund Managing Director and travel aficionado, Richard Fertig, developed Brilliant in 2010 to provide exemplary personal service and to address shortcomings in the industry. With a fleet of custom-made Mercedes-Benz vans and an exclusive league of chauffeurs, Brilliant Transportation allows its high-end travelers, families and executives to reclaim time normally lost in transit. Brilliant vans feature everything you’ll need to create your own personal mobile office and living room including: WiFi, DirecTV, stowaway desks, hands-free conference calling, electric outlets and spacious storage. Today, Brilliant is privileged to be serving Fortune 500 companies, celebrities, professional athletes and some of the most influential individuals in the world. Show less
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Ramius LLC
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Investment Management
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1 - 100 Employee
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Co-Head of Investments / Managing Director (Fund of Funds Group)
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Feb 2001 - Jan 2009
• Responsible for all investments across all strategies and all portfolios totaling nearly $4 billion at peak. • Recruited, hired and trained all investment professionals and helped grow business from 4 individuals to 50+ at peak. • Member of Investment Management Committee responsible for asset allocation, portfolio management, hiring and firing all sub-managers, and other executive decisions. • Extensive global client contact representing the Firm for both existing and prospective clients. Instrumental in closing and ultimately served as primary contact for the two newest and largest clients (each was $300MM separately managed account). • Traveled extensively for manager due diligence and to visit existing and prospective clients around the world. Show less
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Associate
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Jun 1998 - Mar 2000
• First Associate hired into fund of funds group managing $1+ billion in alternative investment strategies. • Responsibilities included: portfolio management, risk analysis, providing asset allocation recommendations, performing due diligence, relative performance analysis, project management, and professional writing. • Responsible for creating a new fund of funds product that launched with $20MM seed money from The Blackstone Group and $5MM of external client funds. • Served as primary contact for hedge fund managers seeking Blackstone's capital. Performed initial research and analysis of investment approach. Involved in all aspects of due diligence including interviewing fund managers, analyzing investment strategy and relative performance. Investment recommendations would result. • Responsible for recruiting MBA's into group and training them on business goals and practices. Show less
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Summer Associate - Interest Rate Derivatives Trading
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Jun 1997 - Aug 1997
• Hired onto Interest Rate derivatives desk (formerly the O’Connor & Associates team) assisting OTC options, listed options, Caps, Floors, Swaptions, and Exotics traders. • Responsible for developing end-user functionality of new risk management software and pricing models for Interest Rate derivatives group. • Hired onto Interest Rate derivatives desk (formerly the O’Connor & Associates team) assisting OTC options, listed options, Caps, Floors, Swaptions, and Exotics traders. • Responsible for developing end-user functionality of new risk management software and pricing models for Interest Rate derivatives group.
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Derivatives Trader and Clerk
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1994 - 1996
• Extensive pit based experience in Chicago (CME, CBOT, CBOE), an extremely fast-paced, chaotic work environment, including: Eurodollar options, S&P 500 options and Equity options. Also worked on LIFFE exchange in London. • Assisted in managing traders’ risk by hedging, scalping gamma, and maintaining accuracy of real time trading positions. • Extensive pit based experience in Chicago (CME, CBOT, CBOE), an extremely fast-paced, chaotic work environment, including: Eurodollar options, S&P 500 options and Equity options. Also worked on LIFFE exchange in London. • Assisted in managing traders’ risk by hedging, scalping gamma, and maintaining accuracy of real time trading positions.
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Education
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The Wharton School
Master of Business Administration (M.B.A.), Finance -
Cornell University
BA, Economics and Psychology