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.