Frank Zaccanelli - Real Estate Investing Basics

Frank Zaccanelli is a real estate investor and developer who knows the industry. He started his career working with some of the biggest real estate moguls and quickly learned the ropes. He has developed a great sense for buying the right property. In commercial real estate, a beautiful piece of property could be the worst real estate investment you can make. The three rules for commercial real estate investing are centered on the deal, the return on investment and the terms. Here are a few tips for making a successful commercial real estate investment.

First of all you need to be an investor, not someone obsessed with accumulating a ton of commercial properties. Investing in commercial properties is all about making a profit or producing an income. So, if the property your purchased isn’t making you an income or profit, you basically just own a piece of property.

 

The next thing all investors must understand is that every property must be maintained to keep it profitable. One of the biggest mistakes you can make is to not take the time to put money back into the upkeep of the building. The property will require things such as updated electrical, a new roof, or a renovation. Every building goes through changes which can vary from costly to minor repairs. So make sure you have a long-term plan to handle such repairs.

Frank Zaccanelli always tries to focus on one investment type at a time. He always wants to be the person in charge of the development of any property or the renovation of an old building.

Frank Zaccanelli - Real Estate in Texas

Frank Zaccanelli is both a real estate developer and investor who have helped boost the market in Dallas, Texas. He has headed up many projects in and around the Dallas area. There has been a steady increase in both new construction and the renovation of older buildings. In fact, presently there are many corporate office projects going on in the North Texas market including Toyota, State Farm Insurance and Liberty Mutual Insurance. It’s currently one of the fastest-growing construction markets in the country.

Frank Zaccanelli

The Dallas-Fort Worth area has more than 8 million square feet of office buildings being built in the next few years. There are also plans for additional corporate campuses to start next year. The new trend in commercial real; estate is to create lavish work spaces in an attempt to draw in the top employees. A few decades ago, office locations were picked mainly by property costs and where the boss lived.

Dallas-based developers are working on projects like the largest new North Texas corporate campuses, including Toyota’s 2 million-square-foot North American headquarters, State Farm’s 2 million-square-foot regional operations center and a few other projects.

Frank Zaccanell and his company Fiamma Real Estate Development Firm are excited about the future of Dallas and the surrounding cities. They are currently working on the revitalization of a historic shopping complex. He is also responsible for taking a contaminated area near downtown and transforming it into the American Airlines Arena.

Frank Zaccanelli - Real Estate Investing

For years investing in the real estate market has been one of the sure fire ways for someone to make money. Even with the crash of the market, real estate investing remains one of the most sound investment decisions. To most heavy real estate investors investing in commercial property is a much better deal than that of residential real estate. Commercial property owners love the fact that the revenues are higher, there’s a much larger playing field, and plenty of affordable property managers. These things all add up to a bigger payoff from commercial real estate.

Frank Zaccanelli

Like other types of investing, a good plan is key to success. First of all you want to learn what the insiders know

To be a player in commercial real estate, you need to know that commercial property is valued very differently than residential property. The income associated with commercial real estate is directly related to its usable square footage. Individual homes are priced more on overall size, design and location. Commercial real estate also produces a bigger cash flow.

Next, you need to set some parameters when considering a commercial real estate deal. How much can you afford to pay? How much can you make on the deal? Who are the players? How much rental space is available to fill?

Frank Zaccanelli is a real estate mogul who has done very well when it comes to making sound deals. He has worked with some of the most prominent businessman in America including Ross Perot.

Frank Zaccanelli - Cleaning Contaminated Areas in The City

Not only is Frank Zaccanelli am expert in real estate investment and is also concerned about the environment. When he took over the NBA Maverick’s, he also saw a great need to clean up some contaminated areas in the Dallas area. The process is called environmental remediation and involves the removal of pollution and contaminants from the soil, sediment, groundwater, or surface water. Areas near cities that suffer from this type of contamination require immediate action, because they can impact negatively on human health and the environment.

Frank Zaccanelli

Unfortunately, remediation is normally not quickly handled by government agencies. It generally comes with an array of regulatory requirements, and is based on the assessment of human health and ecological risks. There are no legislated standards or advisable standards; so many times it’s up to private groups to pay for the process.

First, they must have someone assess the site. Once a site is suspected of being contaminated, the type of contamination must be determined. Often the assessment begins with preparation of a Phase I, which looks at the historical use of the site and the materials used. Then a sampling and chemical analysis can be done.

Frank Zaccanelli did many things to aid in the betterment of Dallas while presiding as the President of the NBA Mavericks. He worked to not only improve the program but also  purchased 75 acres of environmentally contaminated land in Dallas, which he eventually turned into the American Airlines Center, and lively shopping district

3 Ways to Be More Persuasive in Business

Making the sale in a company is integral to its success. Many entrepreneurial books look at the sale as one of the most important part of an executive’s position. For those having trouble closing the sale, remember that selling is all about psychology and the surroundings. Take these three tips to increase your salability and become more persuasive.

Frank Zaccanelli

Elicit Emotions – Of course people will purchase products and services that are absolutely out of this world for the price. Unfortunately, that usually can only be done at the expense of the business owner. So, to bridge the gap, you must possess the ability to captivate your target and produce emotions that assist in the logic that runs in their mind. Overwhelm them with the need to buy it.

Benefits v. Features – Selling can get mixed up with informing people about the product. Though it is still essential to let people know what they are buying, there is a big difference between that and selling their needs to them. Express components of the product that act as solutions to their problems. Instead of saying it is wireless, say it’s convenient. Instead of saying defining the brand of processor, tell them it’s the fastest in the industry.

Strategically Benefit Everyone – Bad business will come back around to you. Fulfill the needs of all, and make profits by serving your customers and bridging the gap between problems and solutions in a way that makes everyone win. Frank Zaccanelli, a real estate investor and CEO of Fiamma, brought up the first successful project proposal for the Statler Hilton, and did so because of his ability to bring every party to a beneficial position for its completion.

What Should You Look for in Investments?

Everyone has their own unique way of finding the one investment that works. Some methods are logical, while others lend nothing more than superstition. However, if you are a young investor looking for guidance, where do you go to look for the right investments? Key identifiers in a company can help you filter your choices and create a more defined investment track for you and your portfolio.

Frank Zaccanelli

The most difficult ratio to read is actually a big clue on how a company’s financial performance is going. The EV/EBITDA Ratio is one of the best measures for how a possible investment will pan out based on their current market value, including debt factors, divided by their earnings before any effect by capital structure or industry. This shows a pure metric of how the company’s refined earnings are doing in comparison to their debt burden. This has been regarded in academic studies as one of the best ratios to use in analyzing stock investments, according to the Crossing Wall Street Blog.

A more recent trend in investment success has come from looking at factors not involving money. Responsible investing, or investments for a purpose, are ways to dial down investments to one that will make the biggest impact on a community or topic. Frank Zaccanelli, a real estate investor and CEO of Fiamma, is currently working with Centurion American Development Group to refurbish the Statler Hilton into the Statler Hotel & Residencies. He made this decision because of his desire to transform the city of Dallas, which will lead to a better outcome in his investment decision. Putting meaning to your investments will ensure better sought companies and more morally-established operations.

3 Productive Things to Do While Travelling

Business requires professionals to travel, sometimes for several weeks at a time. Your time as the leader of a business may feel wasted during that car ride, but it isn’t with the right mindset. Taking advantage of the time that is allotted for certain things will make you a better executive, and will help with time management. These 3 tips will better engineer your day during a travelling session.

Frank Zaccanelli

Keep Track of Industry News – Things happen on the road, and business transformations can take place overnight. Getting a heads up on industry information will keep you better informed while you’re roaming across the country. Depending on the situation, it may also give you tools to help you better prepare for the objective at your destination

Make Phone Calls – The operations of a business cannot be automated without the right management, making it important for you to stay in touch with key leaders in the company to make sure things are running smoothly. Quality checks will relieve stress during your travel, and will also keep you at the head of the company’s momentum

Brainstorm – Innovation is hard to come by when the fast-past life of running a business is keeping you busy. Travelling can usually become the most silent moments of your week, which leaves room for relaxation, meditation and brainstorming for any problems that are ahead.

These three key concepts will keep you ahead while on the road. Frank Zaccanelli, CEO of Fiamma real estate development firm, has made a habit of travelling by himself and with his family. Because of the productivity he has integrated in his travel time, he even takes vacations and getaways so that he spends time with his family while running his business.