Michael Zaransky’s Blog
Tips For Evaluating An Area in Which You Haven’t Invested Before
Investors considering a move to a new area are often concerned about potential externalities that may affect their business. They focus on every negative news story and every potential threat that may arise. Others simply make a move and deal with potential consequences later. Instead, [...]
It’s Not Easy Being Green: The Lowdown on Green Apartments, Leases
Because of climate change and resource depletion, it is well past time for real estate owners and investors to adopt sustainable practices. Studies have shown that buildings such as multifamily properties account for 36 percent of the world’s energy consumption, and 40 percent of the [...]
A Good Man(ager) Is Hard to Find: Here’s How to Find the Right One for You and Your Multifamily Property
For someone investing in a multifamily property, it is a key question: You need someone to manage that property, but how do you find the right person or management company? You must be able to trust them to keep your best interests at heart, collect [...]
How to Market Your Multifamily Property
Once upon a time properties for rent or sale were advertised in magazines or special newspaper sections in the hope that someone would pick one up, find something they liked, maybe figure out how to drive by the property and then call an agent. Obviously, [...]
Building a Community, Not Just a Property: Yes, It Can Be Done
With the dramatic rise in multi-family rentals in the United States, tenant retention depends largely on them feeling part of a community. When tenants have a sense of belonging, occupancy has been shown to increase. Millennials and empty nesters make up the majority of multifamily [...]
Secondary, Tertiary Markets Are of Prime Appeal
If any real estate trend has become obvious in recent years, it is this: Things are happening in the secondary and tertiary markets. Big things. That’s where the jobs are and where the cost of living is most favorable -- and where, as a result, [...]