Real Estate Investing — Purchasing Wholesale and Building Equity
With a background in business administration and management, Salomon Juan Marcos Villarreal has contributed to the success and growth of his businesses. Since 1991, Salomon Juan Marcos Villarreal has owned Grupo Denim, a denim apparel manufacturer. His other primary professional focus has been real estate investing and development.
Success in real estate investing requires implementation of a realistic plan and following several steps throughout the process, including proper scheduling, capital planning, management, hiring and execution. One of those steps is to look for appropriate property. The main idea is to find a suitable piece of property, even in bad condition or unrealized potential, to build equity and value.
In order to build equity and value, developers must strategically determine the highest and best use of the property. Then they put together a detailed plan, including sources of capital, hiring a team of contractors to build, and identifying the users to eventually occupy the property; these steps are essential to creating value for the property and equity to the owner.