Marcus Hiles Creates Rags to Riches Success Story

Near Austin, Texas in the United States, real estate mogul Marcus Hiles has created another gorgeous living space in The Mansions at Stone Hill under the umbrella of his Western Rim Properties corporation.  Austin is known today for its prosperity and fine living spaces, a reputation created in no small part by Hiles’ Mansions at Stone Hill, which is established near the Austin headquarters of Dell and Samsung technological giants.

Marcus Hiles

The precursor to the living communities of Estates 3Eighty and Mansions at Stone Hill were the Newport Classic Homes developments in Dallas and Grand Prairie, Texas in the United States.  Marcus Hiles’ Western Rim Properties real estate concern brought forth Newport Classic Homes’ communities as their blueprint for relaxed and rich community living, community concepts which unite natural beauty in landscape design with services and amenities which make for an efficient and comfortable urban living experience.  Newport Classic Homes was the departure point for ever more creative and unique spaces designed to maximize the enjoyment and lifestyle of Western Rim Properties’ clients.

Marcus Hiles has reached heights of astounding success as the CEO of Western Rim Properties real estate of Austin, Dallas and Grand Prairie, Texas in the United States.  But Hiles’ early life bore no resemblance to the prosperity and economic freedom he enjoys today.  Hiles was born into a lower middle class family in Boston, Massachusetts, where his father, a Christian preacher, ministered to the poor and disenfranchised of the inner city.   These early experiences of struggle defined Hiles’ determination to create a prosperous life through education.

Marcus Hiles - How to Choose Airlines and other Travel Options

In the post 9-11 world, the problems of traveling a lot are exponentially multiplying. However, there are a lot of things you can do just like Marcus Hiles does to make the travels more productive and efficient.

If you get easily irritated by the proximity and number of people in the economy class, try traveling business class or first class. While it is more expensive, getting more work done and staying calm and focused may be worth it during long flights.

It is not a good idea to take the last plane out if you absolutely need to be somewhere on time. Always have information with you about alternate routes and flights to your destination. If you travel a lot, you already know that the number of flight delays due to mechanical problems increases year after year due to aging airline fleets. If you need to have a flight with several legs, do your best do make connections in off-peak times. You want to avoid rush hour everywhere you go.

If you spend a lot of time at airports, you want to be able to access airline club rooms. There are a lot of credit cards that come with complimentary access to VIP lounges in airports all across the country. While many of those cards come with a somewhat significant annual membership fee, paying $400-$500 does make sense if you travel a lot.

Finally, you may want to consider alternatives to regular travel just like Marcus Hiles does. Private time-share jet companies have been becoming more and more popular in the recent years. Flying with them costs on average three times as much as first class travel does, but if you think about all the hours that you waste because of security checkpoints and flight delays, the number may turn out to be not as big as it initially looks.
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Marcus Hiles - How to Find Time to Educate Yourself Daily

Marcus Hiles is an entrepreneur who firmly believes in educating himself daily. Many people say that they would love to read more books or study more. They claim that they are not doing so because they have no time and no opportunity. Yet many of those people spend up to several hours commuting to work by car or train, where they can listen to audiobooks and study. You can find time if you want to. It is just a matter of structuring your days.

First, you should free yourself from constant interruptions via phone and email. Science research shows that it takes a human brain twenty minutes to get back to where it was once it’s interrupted. This means that a one-minute phone call in reality takes twenty-one minutes of your time. Out of twenty-one minutes, one minute is spent on the phone call and twenty minutes is the time your brain need to go back and productively focus again on what you were doing before the phone call. Don’t check your email or answer your phone right away unless it’s an emergency. Start responding to voice messages and emails at your convenience. This way you will be able to get more done and will have more time left for educating yourself.

Second, start linking everything you do to your goals. When thinking about your self-education, think about how it will help you progress faster and easier towards your goals. Many people don’t read books or attend seminars simply because they do not have enough reasons to do so. Successful business people, such as Marcus Hiles, are not like that. This is one of the secrets to personal productivity: having more important reasons to be more productive.
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Marcus Hiles - The Significance and Brief History of Rice

Marcus Hiles is a talented real estate entrepreneur whose interests include charitable donations, wine, travels and rice. Of all the foods known to humanity, rice is one of the gentlest. The grains have curves on both sides and are connected at each end. 

In many Asian countries, people believe that rice is the connecting chain between heaven and earth. In many Asian countries, rice is a symbol of energy, life, fertility and beauty. The time and place of first cultivation of rice are not known. Pottery imprints of grains of rice in Thailand date to around 4000 BC. There, just as in many other places throughout Asia, including China and India, rice is a fundamental agricultural crop and is being used at every meal. Rice grows in a lot of places in the world, from the plains in Texas, to the mountains of Nepal, from the tropic of India to the dry parts of Australia. The only continent where people do not grow rice is Antarctica. 

In North America, the colonists started to plant rice in 1600s. By the 1700s, rice has become a valuable export commodity and has made a lot of money for some American plantation owners, especially in the Carolinas. The Industrial Revolution was the reason why the rice-growing industry eventually moved inland to states like Louisiana, Mississippi and Arkansas. The Gold Rush was the reason for rice being planted in California. Today, California and Arkansas are the top two rice-growing states in the country. 

Even though rice is a very simple grain, rice experts and enthusiasts such as Marcus Hiles suggest that there are more than forty-thousand varieties of rice in the world. Rice usually grows in paddies full of water. At first they look like green grass. As the plants keep on growing, the water drains. The rice is ready for harvesting when the color of the plants resembles the color of straw.

Marcus Hiles - Charitable Donations and Estate Planning

Marcus Hiles is a successful real estate investor who has donated over $2.5 million to various education causes.

Legacy giving and estate planning are the ways of dealing with what happens to your money after you die. If you don’t take care of this issue while you are alive, the process after you die will be much more confusing, complicated and expensive for all the involved parties. 

                                           

There are two main concerns when deciding on your legacy giving. The first one is establishing a guardian for minor children, if you have any. The second one is creating a will that will determine the distribution of your assets.

If you are like most people, you probably want a percentage of your estate to go into supporting a charitable cause that you were involved with during your lifetime.

Giving back can be a substantial part of your heritage. It represents the last opportunity for you to influence the world. There are three ways to think about your legacy charitable donations. They are memorial gifts, income replacements and strategic donations.

Memorial gifts are simply gifts that you include in your will. They show that the nonprofit was important to you and that you want to acknowledge your association with it. Income replacement is an endowment-style donation that will generate some income for the organization you are donating to. The typical endowment has an annual payout of about five percent of its value. This means that the amount of your gift needs to be at least twenty times what you would like to donate annually. 

Strategic gifts are usually larger gifts that enable charities to undertake major projects such as starting a new program, remodeling a facility or building a new one. For example, a gift from Marcus Hiles allowed for the construction of two large churches in two states. 

Marcus Hiles - A True Connoisseur

When Marcus Hiles is not developing properties to further his multi-billion-dollar enterprise, Western Rim Properties, you can find him immersed in another passion, wine. Mr. Hiles has developed an interest and taste for exotic wines of every vintage and variety. That is why when constructing his home outside of Colleyville, Texas, Mr. Hiles had a customer wine cellar built into the home, one that features an underground stream. Not only is the stream an intriguing novelty, it serves a functional purpose, keeping the ideal temperature for aging his wine collection, one that is estimated to be worth over 15 million dollars.

Mr. Hiles has accumulated quite an impressive wine collection over the years. He has collected a number of rare selections of various worth. In 2010 Mr. Hiles even sold a portion of his collection to an interested party in Hong Kong. Mr. Hiles sold 6,500 bottles of his wine for a total of almost 8 million dollars. Always community oriented, a vast majority of the money received for the sale went to helping to fund afterschool programs for public and private schools in the inner-city.

Mr. Hiles often acquires rare bottles of wine by buying it before it is available to the general public. Then Mr. Hiles preserves the wine in his specially calibrated wine cellar. His investment grows over time, and his rarest bottle of wine can be worth as much as a hundred thousand dollars.

Marcus Hiles is a wine collector and connoisseur that treats wine as a passion and an investment.
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Marcus Hiles - An Exceptional Education

Marcus Hiles is someone that believes in the importance of education. Mr. Hiles himself pursued and obtained an exceptional education in business. He graduated from Rice University with a degree in Business Management. Education had always been emphasized in Mr. Miles’ childhood household. As the son of an inner-city preacher, Mr. Miles had modest means, but did not let that stop him from obtaining a good education and making a great impact on the real estate world.

Hard work and passion have been two important components of Mr. Hiles success, academically and professionally. Mr. Hiles found that he had an interest in business and becoming an entrepreneur. The education that Mr. Hiles received is what provided the foundation for his success in the real estate industry.

Even while Mr. Miles was getting his education in real estate, he was actively working on creating a network of connections in the real estate industry, which would be vital to his success. The time Mr. Miles spent in college helped cultivate him into an analytical mind capable of coordinating a team to complete tasks, understand business concepts, economics, finance, and develop his communication and leadership skills.

Marcus Hiles did not settle for graduating with honors from Rice University. Instead, he used his Bachelor’s degree to allow him to pursue a graduate degree at Pepperdine University in California. There he obtained a Master’s in Business Administration. Using his drive and determination, Mr. Hiles educated himself about the real estate industry and becoming a success within it.
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