Investment Opportunities
By Philip J. Sherman, Millionaire in Training, MMMChallenge.comHIS Network, together with its Board of Advisors, has combined experience of over 110 years in real estate investing, real estate law, project development, finance, building and management across the nation.
We have successfully built, managed and sold combined over $500 million US Dollars of commercial and residential real estate.
My name is Philip J. Sherman and I am a Director of the current Investment opportunity available with HIS Network.
If this interests you then I need to hear from you so I can help you reach your investment goals.
Call/or write today, 347-292-1776, philipjsherman@RealDealREOs4Less.com
I'm looking forward to talking to you soon.
You have NO Excuse!!!
By Rick Melero, Commercial Investor, Real Estate Mentor, Member of HIS Board of AdvisorThe other day my partners and I met with an equity investor who is interested in one of our commercial projects. During this very interesting meeting, we began to talk about different players in our market place. Long story short... we had some friends in common. One of them was Mr. S (To protect his identity) who has been in business for well over 20 years now. He is very well connected in the US and Internationally. What this investor shared with us about Mr. S just floored us.
We found out that Mr. S has run several successful businesses over the years (Including commercial real estate) and closed deals that have ranged from $25M-$300M. That is not what impressed me though, what blew me away is that Mr. S can't read or write!!! That's right... he can't read or write and he has done $100M+ Deals.
I am so tired of people coming up with excuses as to why they CAN'T do something. Wake up!!! God created you with unique gifts and abilities. Stop squandering your gifts and start being a good steward. Here are three simple tips to help you get results.
1. VISION: The Bible says that people perish for lack of Vision. Vision must have a purpose that is bigger than you . If you are bigger than your vision you are missing the mark. Are you here to exist or to leave a legacy? You need to be crystal clear about the benefits and direction of your vision. So ask yourself these questions.
What is my vision? and... Will people be blessed after I am gone?
2. NETWORK: History has proven again and again that the people who thrive are the people who work together. Did you know that most millionaires at one point formed an alliance with other people of the same vision to ensure their success. You need to be a person of value which means that you offer value to others. When you become a person of value people want to help you succeed. Ask yourself these two questions.
Who have you formed an alliance with? and... Are you a person of value?
3. ACTION: Through out the years I have met many people who do alot of talking and never follow through. So why waste your time talking if you will never do something with it? I have also met with people who start to do the work but the moment a barrier pops up they give up and go home. Why would you waste your time talking about it and then starting something without ever following through to completion?
It takes consistent massive action to get to where you need to be. I can assure you there will be seasons full of turmoil and obstacles. This is the time when you have to keep Taking Action!!! If you are not willing to take action and follow through you might as well give up now. So ask yourself these two questions.
Are you ready to stop talking and start taking action? and... Are you willing to pay the price to fulfill your vision?
Mr. S reminds us that we have no excuses in this life, only opportunities. I pray that you would receive a clear vision, surround yourself with the right people and that you would stop making excuses and begin to see possibilities. Start believing in yourself and take massive action daily if you desire to reap the fruit of your labor. I believe in you, will you join me and begin working towards creating your legacy?
Rick Melero
www.RealDealCommunity.com
www.HisRealEstateNetwork.com
This is why we do what we do! (Testimonial)
By Rick Melero, Commercial Investor, Real Estate Mentor, Member of HIS Board of Advisor
Angelo, thank you for your very elequent words.
Regards,
Rick Melero
www.RealDealCommunity.com
www.HISRealEstateNetwork.com
What is a Load Factor?
By Rick Melero, Commercial Investor, Real Estate Mentor, Member of HIS Board of Advisor
When you get involved with Commercial Real Estate, you will begin
hearing about a "Load Factor". So what exactly is it? The load
factor simply put, is the difference, (percentage
wise) between the Useable VS. the Rentable square footage in a
building.
Here's how to calculate it:
1. You will need the total Rentable square
footage of the building.
2. You will need the total Usable square footage
of the property.
3. Now you Subtract the Usable number (This
is always the smaller number) from the
Rentable.
4. Take that total and divide it by the Useable
square footage.
5. What you have left is the Load Factor.
Example:
Here are the numbers on a building in Gainesville that we
are looking at buying right now.
Total Rentable sq ft: 35,938
Less
Total Usable sq ft :
29,461
Equals
6,477
Divided by
Total Usable sq ft
: 29,461
Equals
.21%
This means that the property owner is adding .21 cents to every
dollar he charges his tenants per usable square
foot. The higher the load factor, the more the tenant
will be paying for space he or she can't use. This
percentage is used to account for the common areas. (Closets,
electric room, lobby, etc.)
Check comparable properties in the area to help
determine the average Load Factor. If you are above the
average load factor you may have difficulty with tenants interest
because they will be paying for more square feet than with other
properties near yours.
Rick Melero
www.RealDealOrlando.com