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 [...]
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 [...]
If you already feel old, I have bad news for you: kids born in 2000 will be turning 18 next year. The ones born in 1995 are already over 21. Millennials––the cohort born between 1981 and 2000––are a huge consumer demographic. Recent population estimates by the U.S. Census Bureau show that there are 75.4 million [...]
During the second quarter of 2016, the homeownership rate in America fell to 62.9%—the lowest it’s been since 1965. The reasons for this decline include a mix of factors, including the lingering effects of the 2008 financial crisis, strict lending regulations, and expensive real estate costs in major cities. Other experts also cite things like [...]
If you look at big metropolitan areas, such as Los Angeles, Chicago, or Houston, it seems that high-rise apartment buildings are being built nonstop. These sleek glass and steel structures appear as if they’ve been lifted out of a postmodernist masterpiece. But despite the incredible appeal of these skyscrapers to renters and real estate investors, [...]
In the recent issue of National Real Estate Investor Magazine, Michael published this special feature, Multifamily Property Acquisition Strategy, for NREI's Outlook:2017. Click here to read more of Michael's stories at nreionline.com.