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The Best Ever CRE Show

JF2470: How to Develop Shopping Centers with John McNellis

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7995 Ratings

🗓️ 7 June 2021

⏱️ 42 minutes

🧾️ Download transcript

Summary

John McNellis started as a journalism major headed to law school because he did not know what else to do. While practicing business law, he was drawn to business operations and shifted to become a developer. At 29 he started shopping center development and now has over 80 projects in development. More than half of those projects are complete tear-down and renovations. Listen in to hear his advice on the need to specialize in shopping centers, start with tenants, and how to avoid over-leveraging. John McNellis Real Estate Background: Partner at McNellis Partners Very active in CREI for 40 years Portfolio consists of 80+ projects Based in Palo Alto, CA Say hi to him at: https://mcnellis.com/ Best Ever Book: Psychology of Money  Click here to know more about our sponsors RealEstateAccounting.co thinkmultifamily.com/coaching  Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Did you know that within a decade women will hold $30 trillion in investable assets?

0:05.3

Yet somehow only 19% of women reported feeling confident in selecting investments that align

0:11.0

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0:23.0

InvestHERCON is not just another real estate conference.

0:27.0

It's a transformational experience focused on real estate investing,

0:31.0

business strategies, and self-care tactics, all designed to help women take

0:35.5

control of their financial futures. Gain the knowledge and skills you need to grow

0:40.0

your portfolio and build a sustainable business all while connecting with over 500 women who are playing at the same level.

0:48.0

To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.

0:56.6

That's Invest Her, H-E-R-K-D-K-G-G-G-O-K-G-K-K-K-K-K-K-K-O-K-Kom,

1:00.6

Promo-Kod 100 best ever to get $100 off your ticket.

1:05.0

The best way to start is to become friends with a major tenant.

1:09.0

If you're just starting out, I think you've become friends with say 7-11 or a Dutch

1:14.2

bros here in Northern California or a little regional small tenant and you befriend

1:20.4

them and you say g7-11 I'd like to work with you here in Northern California,

1:25.0

where would you like to go?

1:26.2

Quick disclaimer, the views and opinions expressed in this podcast are provided for informational purposes

1:31.2

only and should not be construed as an offer to buy or sell any

1:34.8

securities or to make or consider any investment or course of action.

1:39.9

For more information go to best ever show.com. I want to introduce to Ash Patel he's a full-time

1:45.6

commercial real estate investor he's gonna be doing the interview today and a lot of

1:50.1

them moving forward I'm still gonna be doing, just not as many and he is going to ask tough questions.

...

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