Marcus Hiles of Texas – How to Get the Most Out of Your Budget

Marcus Hiles is a real estate professional currently working in communities across the state of Texas. He understands that when developing or investing in real estate, especially with a company, having control of your budget is essential. Here are some tips for controlling your budget.

In order to take control of your budget and your finances, you need to keep track of your expenses. Organize your expenses based into two categories: necessities and luxuries. This will give you an idea on how much you absolutely need to spend, and how much your spending on things you simply want to have. Keep all your receipts so that you can begin to create a visual representation of the total amount your spending over a given period.

In addition to keeping track of your expenses, make sure you understand exactly how much money you earn each month. This will give you an idea of how much you have to spend on the things you absolutely need, the luxuries you want to have, and how much you have to save or invest. Most people know how much they make, but they don’t have an understanding of what that value means in terms of living expenses.

Make sure you’re careful when it comes to using credit cards or purchasing things through credit. It’s good to have at least one credit card in order to increase your overall credit score, which will help with major purchases, but if you don’t pay attention to how much you’re using it, you could be in for an unpleasant surprise at the end of the month.

Marcus Hiles  Texas knows how to budget.

Marcus Hiles of Texas – Real Estate Considerations to Take Seriously

Marcus Hiles is a real estate developer and investor currently working in Texas communities. He is the Chairman and Chief Executive Officer for Western Rim Property Services and Newport Classic Homes, and he has been in the industry for more than thirty years. Here are some important considerations to take seriously when developing real estate.
First, consider your location options when you’re beginning a new real estate project. Whether you work in commercial or residential real estate, the location you choose can either make or break your investment. If you’re hoping to develop a commercial project, make sure that you pick a location in a growing environment with a lot of foot traffic. If you’re working residentially, pick a location near good schools and amenities like parks.

Second, develop a strategy for your overall project. Sure, your housing or commercial building plans need to be set before you begin making any real headway on the project, but what about the property itself? Sometimes buying property when it’s cheap, and then holding off on the development until the value increases is the best option. This could be especially true if you own property in a growing community.

Third, be ready to make improvements on your project. This is especially true if you work in commercial real estate because things need to be updated and improved to attract attention. Some real estate professionals have made money from property investments for decades because they continuously make improvements.

Marcus Hiles Texas understands Texas real estate, and he is willing to do what it takes to be successful in the field while providing for his residents.

25 Ways to Develop 21st Century Thinkers

Free resource of educational web tools, 21st century skills, tips and tutorials on how teachers and students integrate technology into education

Sourced through Scoop.it from: www.educatorstechnology.com

Marcus Hiles of Texas – Positive Company Culture

A prime reason why Marcus Hiles Texas, has had such success in real estate is because of the positive culture he developed amongst employees in his company, Western Rim Property Services. Business leaders and entrepreneurs know the importance of creating a culture that employees can buy into, and how that culture can lead to the development of a true workplace community.

Smart CEOs and company leaders will determine the core values they would like to see cherished and spread throughout the company. Those values need to be clearly communicated to employees, and culture should be a topic that is frequently addressed in the workplace. Savvy leaders know that talk only goes so far; eventually, the employees need to take ownership of the core values and wholeheartedly embrace them. In order for this to happen, the company manager needs to step back and let connections naturally occur. The CEO should not be afraid to appear vulnerable or to not have all the answers.

Company leaders like Marcus Hiles of Texas, have succeeded in creating a positive company culture by institutionalizing and protecting that culture. This includes making sure that employees are supportive of that culture so that negativity doesn’t cause subversive influence within the company. Leaders need to keep in mind the health of the company, which means having to make tough calls with negative employees for the sake of company culture. Leaders can emphasize the positive by identifying culture champions within the company, and empower them to keep the culture alive and well.

Source: https://www.entrepreneur.com/article/230907

 

Marcus Hiles of Texas – Real Estate Philanthropy and Economic Development

Many successful real estate developers, such as Marcus Hiles of Texas, are also ardent philanthropists who have an earnest, genuine passion to help develop stronger, healthier communities. This desire is often achieved through civic philanthropy, wherein infrastructures impact and inspire economic development, cultural enrichment, and urban livability; the end result is the creation of further upscale housing, retail, and other structural investments.

Some famous examples of real estate philanthropy’s impact on communities can be found nationwide. Private conservancy and public funds were used to create the Rose Fitzgerald Kennedy Greenway in Boston, Massachusetts. This one-mile long park through some of Boston’s famous neighborhoods has made this a stronger, more unified and appreciative community. Another example is Klyde Warren Park, a public greenspace in the heart of Dallas, Texas. Covering three city blocks, this park has led to the development of new commercial space around it; it is now referred to as the park district, and is bringing millions of dollars of added tax revenue for Dallas.

Marcus Hiles of Texas, is the CEO and developer of Western Rim Properties, and he has made a point of creating neighborhoods that will become communities or that will add to the further development of existing urban areas nearby. Hiles’ many real estate development properties in Texas are all designed with the heart of a community in mind. Developments feature community spaces and events, and close proximity to nearby towns and cities for added cultural exposure. Additionally, Hiles includes nature and wildlife preserves in all his developments to create as natural a living environment as possible.

Source: http://nreionline.com/investment/how-real-estate-philanthropy-drives-economic-development

 

Marcus Hiles of Texas – Collecting Burgundy Wines

Marcus Hiles of Texas, a real estate CEO and wine expert, is a prominent collector of Burgundy wines. This ancient French wine has long been a favorite for collectors because of its wide array of classifications and its earthy, fruity tastes and aromas.

The Bourgogne area of France, the heart of Burgundy wine country, has produced some of the most expensive and celebrated wines in the world. There are two key grapes used in the making of Burgundy wines, the Pinot Noir and the Chardonnay. This wine is not just about the location where these grapes are grown, but also about the overall conditions, or terroir, that they are grown in. These conditions include soil, climate, grapes, and vineyard placement, and this potent combination has resulted in some of the most aromatic and enjoyable wine in the world. There are over one hundred approved wines growing areas in Bourgogne that are classified into four levels of quality: regional, village, premier cru, and grand cru Burgundy.

Experienced wine collectors, like Marcus Hiles Texas, are familiar with the four levels of Burgundy wine quality. Regional wines are made of grapes from anywhere in the Burgundy area, are often labeled Bourgogne rouge or Bourgogne blanc, and make excellent choices for aperitif wine. Village wines are named after a nearby town where the grapes are grown. These wines are fruity, but more complex in taste. Premier cru wines are from special vineyards within villages, resulting in a more intensely flavored wine due to the soil the grapes are grown in. The grand cru is for top end collectors as these wines are very expensive. The flavor is complex and bold, and this wine is a perfect choice for the collector’s wine cellar.

Source: http://winefolly.com/review/guide-to-burgundy-wine-with-maps/

Marcus Hiles of Texas – Strategic Giving by Entrepreneurs

Real estate mogul and entrepreneur Marcus Hiles of Texas, has dedicated much of his time and energy to bettering his community and its surrounding environment. Like many other successful businessmen, Hiles has donated time, money, and real estate in a strategic fashion to best benefit the recipients of his generosity.

Strategic giving on the part of entrepreneurs involves a few different steps.  The process of strategic giving is one that works for both the charities involved and the entrepreneur’s company. Many companies use this method to recruit and retain high-quality employees, as many employees want to be part of a company that represents more than just its sum parts.

Additionally, giving to charities can also open up networking and marketing opportunities for the company, thereby benefitting the charity and the company. Many companies develop committees and mission statements to both define and declare their desire to give back to the community. In this instance of social responsibility, the entrepreneur or company should give the committee guidelines and let the employees drive the giving factor from that point.

Like some other prominent entrepreneurs, Marcus Hiles Texas, has made strategic giving a cornerstone of his real estate company. It’s important for CEOs and managers to pick a charity that they have passion for and a true desire to aid. Exhibiting this passion, as Hiles has done, inspires employees, which creates better moral and involvement in the company’s ventures. Companies engaged in the betterment of the surrounding community will result in employee empowerment, satisfaction, and motivation.

Source: http://entrepreneurship.org/resource-center/strategic-giving-for-entrepreneurs.aspx