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Ep 67 - What I Learned From My First Commerical Deal
Manage episode 468547957 series 3344598
Marty Grizzanti에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Marty Grizzanti 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
In this episode we are diving into key principles of business success and personal development. We're discussing the importance of adding value and serving others. Money is tied to value created, while true wealth stems from the number of people you serve over time.
Marty also shares insights from his first commercial real estate deal, discussing the challenges of transitioning from residential to commercial real estate, particularly in industrial real estate investing and brokerage. He highlights the valuable lessons learned, such as the importance of timelines, due diligence, and understanding zoning implications. Marty further explains how setbacks, like underestimating repair costs, can offer crucial learning opportunities and increase confidence in future projects.
In real estate, our strategy involves transforming distressed properties and adding value. But the real reward lies in serving people – employees, contractors, and you, the listener.Bringing energy to every interaction is crucial. Whether it's a meeting or a sales call, you're in control of the energy you bring.
Liked what you heard? Don’t forget to leave us an honest rating on Apple Podcasts or follow us on Spotify for all the upcoming episodes. Your feedback means the world to us!
What You'll Learn in This Episode:
- Mindset Magic: Discover how the energy you bring to every situation can create opportunities, even in tough times.
- Wealth Wisdom: Find out why wealth is linked to the number of people you serve over time and how this mindset can drive your actions.
- Commercial Real Estate Secrets: Learn from Marty’s first commercial real estate deal — the surprises, the game-changing lessons, and how zoning and location play crucial roles.
- Lease Language: Understand the difference between triple net and gross leases and how these terms affect both investors and tenants.
- Worry Less, Live More: Get inspired by the saying, “Worrying does not take away tomorrow's troubles; it takes away today's peace," and see how it can shift your daily perspective.
Episode Highlights:
00:00 - Introduction
01:09 - Discussing the power and importance of mindset in business.
02:19 - Marty shares insights on value creation and serving people.
05:04 - Emphasizing the control over personal energy and impact.
07:56 - Reflections on balancing worry and peace in business life.
09:18 - Venture into commercial real estate and initial challenges.
11:52 - Importance of due diligence and timeline management.
17:00 - Significance of environmental studies and zoning awareness.
18:11 - Lessons learned from initial commercial real estate deals.
30:46 - Differences between triple net and gross leases explained.
Connect with Marty!
Website
https://www.webuyhomesroc.com/
https://www.facebook.com/mjgrizzanti
YouTube
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