Latino Financial University

MY COMMERCIAL REAL ESTATE MENTEE:

Meet Nicolas who’s originally from Colombia 🇨🇴 and has been in the US 🇺🇸for just over 1.5yrs and he was an attorney back home
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I met him recently when he came to complete a specialized task at one of our buildings on a Saturday night at 8pm……he wasn’t partying, he isn’t worried about fancy cars or chasing quick pleasure…..
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He charges $500/hour for what he does and he gets results but he isn’t content to settle for just a job or an “active” income…..•
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He’s on a personal mission to learn and check boxes he has for himself regarding his family•
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NO. 1 - I’ve had a chance to share with Nicolas about my faith in Christ and how important it has been at this stage of my life
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NO. 2 - I’m teaching Nicolas about the various areas of commercial real estate•
—(How to Put Deals Together)
—(How Debt Financing in CRE works)
—(How to Develop Deals)
—(How Credit Tenants work)
—(How Anchor Tenants work)
—(How Demographics factor in CRE)
—(How Banks underwrite CRE)
—(How Ground Leases Work)
—(Forced Appreciation in CRE)
—(How to do this in spite of the fact that one has no money or cash reserves)
—(Understanding Exit/No Exit events)
—(How to research CRE owners)
—(How to build relationships in CRE)
—(How to put CRE Deal Proformas together)
—(How to understand & differentiate between Active & Passive Incomes)
—(How to put LP/GP Waterfall Deal Structures together)
—(How to understand CRE development deals)
—(Not talking about buying homes)
—(Not looking to flip properties)
—(Not looking to get a real estate license)
—(Not looking be a mortgage broker)
—(All of our sessions are in Spanish BTW)
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He asks me why I’m taking the time to teach him when we meet every week…….I tell him that I’m sharing the same info that I would be telling Myself at 21 when I graduated from Pepperdine that no one told back then….. I was fortunate to learn this over the last 7-8 years•
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Nicolas will do great things in the USA 🇺🇸 wherever the Lord takes him but I also told him that he must bless those younger folks that will be coming behind him in life when he’s in his 40’s & 50’s……he’s now 27•
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Q. What is the New Markets Tax Credit and how does it work?•
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A. The credit provides an incentive for investment in low-income communities. The US Department of the Treasury competitively allocates tax credit authority to intermediaries that select investment projects. Investors receive a tax credit against their federal income tax.

GROUND LEASES:
Instead of buying or developing buildings, more commercial real-estate investors want only the ground beneath them.

The practice of separating a property from the land, and then renting out that ground to a developer on a long-term basis, is known as creating a ground lease. It is viewed as safer than owning the property because real-estate risk mostly falls to building owners, who usually need to finance a purchase or construction, pay for future renovations and fill the space with tenants.

Do you see the trend here? Comment below👇👇

We really appreciate the effort and sincerity on behalf of - He is consistently investing his time to help inform, inspire and mentor the younger generation......today’s guests: .bernardo and were great!! Sharing their insight and experiences from their tough paths they’ve all traveled in sports broadcasting...... @ San Diego, California

HOMEBUYERS IN AMERICA HAVE NO IDEA HOW AFFORDABLE IT IS THESE DAYS TO BUY A HOUSE COMPARED TO OTHER MAJOR CITIES IN THE WORLD 🗺
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🇫🇷Paris has been ranked by UBS as the second-most unaffordable major city in the world after Hong Kong, with a skilled worker needing 15 years' worth of wages to afford a 646-square-foot (60-square-meter) centrally-located flat. Parisian property prices have more than doubled in the last 15 years, writes 's Lionel Laurent, yet euro-area wage growth is in the low single digits, making the market look like a bubble risk. •
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LATINO FINANCIAL UNIVERSITY is setting out to pick up where the school system left off by bringing together content, experts, instructors, financing and success stories to educate and coach Latinos on the necessary steps to put together deals in commercial & residential real estate - •
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Amazon CEO Jeff Bezos purchased a 9-acre Beverly Hills estate from media mogul David Geffen for $165 million, a new record price for a home in the Los Angeles area, according to people familiar with the transaction.⁠⠀
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The estate was designed in the 1930s for Jack Warner, the late former president of entertainment giant Warner Bros. Geffen bought the property for $47.5 million in 1990, setting the then-record for a Los Angeles home. ⁠⠀

📷: Pictometry, Andrej Sokolow/DPA/Zuma Press (inset)

Jeff Bezos continues to cash out on his Amazon shares. 🤑 ⁠
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The Amazon CEO has sold roughly $4.1 billion in Amazon stock in the past 11 days, demonstrating that he’s been ramping up his stock sales in recent years. Last August, he sold about $2.8 billion worth of Amazon shares. He also cashed out on Amazon stock in 2017 and 2016. ⁠
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Bezos has previously said he’s selling about $1 billion of Amazon stock a year to fund his space exploration company, Blue Origin. He’s also earmarked additional capital for the Day One Fund, the organization he launched in September of 2018 to provide education in low-income communities and combat homelessness. ⁠

“Every day, when I woke up, I was not very happy. I even did not want to go to office to work.”⁠
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Eric Yuan once dreamed of leaving China to move to Silicon Valley. After years of struggling with visa issues, he was finally granted permission to come to the U.S. – but it wasn’t all he expected.⁠
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After becoming vice president of engineering at Cisco (which paid a hefty “very high six-figures”), Yuan became dissatisfied with his job. So, he decided to risk it all and quit to develop his own teleconferencing company: Zoom.⁠
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The gamble paid off. Zoom in 2018 reported a revenue of $330 million. And since it went public in April, the stock has jumped more than 50%, giving the company a market cap of roughly $25.5 billion.⁠
That means Yuan, who has a 22% stake in Zoom, is now worth a whopping $5.6 billion.⁠
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Read how Zoom launched to success at the link in bio. (With )

The candidates for the Democratic presidential nomination may disagree on health care and tuition-free college, but they share one thing in common: a good nose for real estate.⁠⠀
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In South Bend, Ind., a 20-something Pete Buttigieg snapped up a foreclosure in a historic neighborhood for $125,000 in 2009; the home is now worth nearly twice what he paid for it. In Wilmington, Del., former Vice President Joe Biden and his wife Jill Biden spent $350,000 to buy a lot on a manmade lake; now, real-estate veterans say the home they built on the property is worth $2 million or more. Sen. Elizabeth Warren lives in a striking Victorian in one of the most desirable areas of Cambridge, Mass. Real-estate agents say it is worth nearly 10 times what she paid for it in 1995. Agents also say the vacation retreat in Vermont purchased in 2016 by Sen. Bernie Sanders and his wife has almost certainly increased in value already.⁠•
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The real-estate holdings of some of these contenders may run in the millions, but they pale in comparison to the residential portfolio of Michael Bloomberg, the former New York City mayor who owns, among other things, a historic Hamptons estate, a Bermuda beach house and a townhouse on New York’s tony Upper East Side. ⁠
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⚽️⚽️CONGRATULATIONS 🎉 TO DAVID BECKHAM, MARCELO CLAURE AND JORGE MÁS for bringing 🌞 ⚽️ to 🍾South Florida🏖......
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🏟 views. Stadium and Training Complex as seen from above. The world- class facility which includes the 18,000 seat stadium and 50,000sq ft Training Complex will open for the Home Debut on March 14th versus and provided the financing on the deal with $50M which included remodeling the old @ Inter Miami Stadium and Training Complex