JF2720: 4 Things to Know Before Your First Development Deal ft. John McNellis #SituationSaturday

<p><span style="font-weight: 400;">Are you interested in entering the commercial real estate development space but have no idea what to expect on your first deal? Return guest John McNellis walks us through different financial scenarios you might encounter on your first deal, their outcomes, and how to best set yourself up for financial success.</span></p> <p><span style="font-weight: 400;">John McNellis | Real Estate Background</span></p> <ul> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Principal with McNellis Partners, a commercial development firm he co-founded in the mid-1980s in northern California.</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Previous Episode:</span> <a href= "https://joefairless.com/podcast/jf2470-how-to-develop-shopping-centers-with-john-mcnellis/"> <span style="font-weight: 400;">JF2470: How to Develop Shopping Centers with John McNellis</span></a></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Portfolio: 80+ projects.</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Author of</span> <a href= "https://amzn.to/3gH1GfK"><em><span style= "font-weight: 400;">Making it in Real Estate: Starting Out as a Developer</span></em></a><span style= "font-weight: 400;">.</span></li> <li style="font-weight: 400;" aria-level="1"><span style= "font-weight: 400;">Based in: Palo Alto, CA</span></li> <li style="font-weight: 400;" aria-level="1">Say hi to him at: <a href="https://mcnellis.com/"></a><span><a href= "https://mcnellis.com/">https://mcnellis.com/</a></span></li> </ul> <p><span><strong>Click here to know more about our sponsors:</strong> <a href= "https://nam10.safelinks.protection.outlook.com/?url=http%3A%2F%2Fwww.themichaelblank.com%2Fjoe&data=04%7C01%7CLadi%40joefairless.com%7Ca8c2c4cb7c0241ffee5c08d9872f7f56%7Ceb07e501da1c41a4a3828b364bdf2bdc%7C0%7C0%7C637689460325519694%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1