Whether you’re new to purchasing, rehabbing and repositioning real estate as an investment opportunity, or you’re a more seasoned investor (in real estate or elsewhere) you need to answer one big question before you make your next purchase: Where’s the money coming from? The answer? Either you have 100-percent equity to invest or you are [...]
Properties in foreclosure are often an excellent source for single-family home rehab and repositioning. Coming from a family that actively owns and operates real estate investments (I’m the third generation to be in the biz) I’ve seen my fair share of houses, blocks and neighborhoods fall into disrepair, then, after the foreclosures are handled, [...]
In real estate, as in many other areas of business, one simply can’t jump in without doing the legwork and research. Because there’s so much money at stake, it’s crucial for real estate investors (especially first-time ones) to go through the right procedures--rather than leaping without looking. With that in mind, understand that this guide [...]
Believe it or not, a lot of work goes into real estate projects--in particular, the decision over whether a property should be renovated and refurbished, or demolished outright to make way for another structure. Personally, I much prefer renovation and refurbishment: I find it more cost-effective and efficient, and I’ve made much of my career [...]
Even though I’ve built my career on rehabbing and repositioning large, multi-family apartment complexes, I’ve always remained fond of single-family homes. After all, there is plenty of opportunity for renovating and reselling single-family homes--to the point that there are many articles, TV shows, websites, and magazines that have covered the topic. And renovating (and then [...]
In the previous installment, I discussed the importance of equity, as well as a few time-tested, tried methods for attaining it. But to be honest, the process of attaining equity can be a diverse one; depending on your individual personality, your route to investment equity may look a lot different than mine. Further, I’m also [...]
View on IdeaMensch: Michael Zaransky has dedicated his life to building harmonious communities. As the Founder and Managing Partner of MZ Capital Partners (and co-CEO of Prime Property Investors), Michael Zaransky is a seasoned real estate developer with an eye for building properties that serve the larger community. But Michael is not defined merely by his nine [...]
I’ll be honest: I was lucky, as I come from a family that has long been established in real estate. As a third generation real estate investor, I could draw on existing resources: capital, equity, and hard-won expertise and networks. Still, not all hope is lost. Plenty of my colleagues are entrepreneurs with little-to-no prior [...]
Look before you leap, as the old saying goes. Nowhere is that more true than real estate investing. After all, when you’re sinking hard-earned capital into an investment, success is always balanced by some degree of uncertainty. The trick, then, is to do your due diligence on the forces influencing any given housing market; factor [...]
The idea might bring to mind a Soviet kommunalka or a hippie commune, but co-housing is rising in popularity among people looking for a small, tight-knit community while still owning their own home. Even mortgage giant Fannie Mae has recently begun acknowledging them in their loan offerings. With all the talk of higher rates of [...]