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The best Ritvest minute of your month

-You, the reader, in 60 seconds
Welcome to Ritvest on the 10s, the monthly newsletter you never knew you always needed. Straight from the mouth of RItvest CEO, Eric Ritvo, we’re sharing a few of our favorite things in real estate and beyond.
:10

Company I Love

Sea Machines

Does the idea of automated ships sound cool? Well, Sea Machines is making that a reality. Anchors away!

Rock the boat

:20

Deals Deals Deals

The latest with Ritvest

Deals take time and since sometimes the best deals are the ones you pass on, Ritvest had a very successful month. Personally, I’m focusing on secondary markets for investment, some of which are listed here in the 30 most valuable cities. 

Real Estate Lingo

Days on market (DOM)

DOM is the number of days from the date on which the property is listed for sale. 

:30

Fun Fact

The Big Apple

Loyal reader Scott S. remarked that folks would find this History Channel article, Why NYC is called the Big Apple, interesting. Loyal reader Scott S. is correct. Thanks for the suggestion Scott S.

Get the city scoop

CRUSHING IT TIP #3

Buyers Beware
If you gift a friend’s child a toy that makes noise, expect that someday your name will be taken in vain. Just saying. #crushingit

:40

Industry Insights

Crowdstreet

A friend sent me this podcast featuring Mr. Ian Formigle, CIO of Crowdstreet, about the COVID-19 impact and how to identify value in commercial real estate. For those of you interested in CRE multi-family and investing, I recommend you make some time to listen.

 

Listen and learn

:50

Books to Browse

Shop 'til you drop

The grassroots movement to save local bookstores remains heartwarming. In Denver, the Tattered Covered just came under new ownership and fun fact – I’m on the board of advisors. You should buy from your local place or bookshop.org.

Shop small, shop local

:60

Movie Extras

A Friend in Little Women

Two friends of mine have burgeoning side hustles as movie extras. This caused me to watch Little Women again recently – I spotted him twice. If you’re done with the monotony of “What shall we watch tonight?”, here’s a solution. Plus, if you dislike it, you can blame me. Win-win baby.

Quote of the month

“The only constant in life is change”- Heraclitus

Why I do this: For the past two decades, I’ve lived at the crosshairs of entrepreneurship, M&A deals, business plans and startups. I often say I’m the happiest guy in every deal, because I know that when experts come together, the results can be exceptional. This experience led me to create Ritvest, a family-run investment group with a focus on people and communities built to endure and thrive over time. Thank you for allowing me to share a little part of myself and the products, people and places I believe in with you here every month. Let’s build something great together.

Disclaimer:  Ritvest on the 10s is the product of Eric Ritvo and Ritvest.  It is not investing advice.  Heck, it is not any advice.  It is stuff I put together and then lives on my website.  This is barely marketing.  Ritvest was founded with an abundance mentality, the ability to pick and choose and working with people we like.  This is not an advertisement for anything other than connecting with me.

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