What I learned from Billions & Ronnie Coleman

21/07/2023 12 min Episodio 210
What I learned from Billions & Ronnie Coleman

Listen "What I learned from Billions & Ronnie Coleman"

Episode Synopsis

Are you aiming to receive advice to avoid costly mistakes in your real estate endeavors? Sharing personal experiences and costly lessons, Shane Melanson stresses the importance of gaining insider insights and critical information before making investment decisions. He highlights the value of consulting with experienced individuals, conducting thorough research, and building relationships to succeed in the competitive landscape. Additionally, he offers mentorship sessions to share valuable insights and benefit a broader audience.  Adopt a long-term perspective and embrace the challenges, knowing that the effort invested in obtaining valuable insights will pay off in the pursuit of significant wealth through commercial real estate!   [00:00 - 05:38] Learning from 'Billions' and Bodybuilding Shane Melanson recounts a personal anecdote about receiving a call from a friend seeking advice for a commercial real estate development project Drawing inspiration from the TV show "Billions," he discusses the legal aspects of gaining insider information in commercial real estate investing Shane emphasizes the significance of obtaining deep insights ahead of others in the market, such as tenant movements and rezoning bylaws Using a bodybuilding analogy, Shane illustrates how small but critical pieces of information can lead to significant success in highly competitive fields like commercial real estate   [05:39 - 12:41] Lessons Learned and Mentoring Offered Emphasizing the significance of gaining critical insights, Shane encourages consulting with experienced individuals to make informed investment decisions Thorough research and building relationships with knowledgeable professionals are highlighted as essential steps to obtaining valuable information in the industry He cautions against dealing with sophisticated landowners and developers without prior knowledge, stressing the need to approach transactions skeptically Shane considers offering mentoring sessions to share valuable insights and benefit a broader audience     You can connect with me on LinkedIn, follow me on Twitter, and watch my videos on YouTube. If you want to go even deeper into the world of commercial real estate, head over to Shane Melanson, a roadmap to investing in commercial real estate! Get my book Club Syndication - How The Wealthy Invest Their Money    Set up a Zoom call: [email protected]      LEAVE A REVIEW + help someone invest in commercial real estate with confidence by sharing this episode or clicking here to listen to our previous episodes.         Follow The Game for Real Estate Developers & Investors Podcast on all Streaming platforms. Deezer, Apple Podcasts, Google Podcasts, Spotify, or visit our YouTube Channel.       Tweetable Quotes:   "So I look at it with the perspective of, because it's hard, that's good because most people are not going to do the work that's required." - Shane Melanson "Just realize that if you are buying a property from someone or looking to develop, try to get Intel, try to get that insight from someone." - Shane Melanson