Blog 2017-07-21T19:23:48+00:00

Michael Zaransky’s Blog

503, 2018

The Local Watering Hole: Neighborhood Anchor or Lodestone?

At their best, neighborhood bars serve as the social hubs of their neighborhoods -- vibrant places that draw people in and draw them together. At their worst, they are nuisances, producing excessive noise, littering, vandalism, etc. The question, then, is this: What are the pros [...]

2501, 2018

Leaving the Family Business to Become An Entrepreneur

Strike out on one’s own, or stick with the status quo? That was the question facing Cobus Visser, a South African and self-described mental strength sports coach and master firewalker. For a very long time he wasn’t sure. He had moved on from the family [...]

1901, 2018

Let It Snow, Let It Show: Winterizing Your Repositioned Property

There is some debate as to how Chicago came to be called the Windy City; one theory is that the nickname was first used in reference to its boastful citizenry, another that it came about because of its many bloviating politicians. There is also evidence [...]

2212, 2017

Multiple Ways to Add Value to a Multi-Family Building

  As I wrote in my 2007 book Purchase, Rehab and Reposition Commercial Investment Property, repositioning multifamily apartment buildings has long been my passion, and has proven to be a pathway to profitability. It’s hard work, as investments go, but it has always been worthwhile. [...]

1512, 2017

Starbucks & Stadia: Reading the Neighborhood of Your Investments

In the ultimate case of something old and something new, stadia (which date back to the 13th Century BC) and Starbucks (a coffee company dating back to 1971) can be indicators of neighborhoods that offer abundant opportunity for those looking to reposition real estate. There [...]

512, 2017

How to Avoid Getting Lost on the Paper Trail

As with home-buying, the closing of any commercial real estate transaction brings with it an inch-thick pile of paper, even in this digital age. Pen in hand, we all must wade in and find our way out the other side. I’m here to tell you [...]

Michael Zaransky
Michael Zaransky
Co-CEO at Prime Property Investors, Ltd. Managing Principal at MZ Capital Partners