Join tech product leader and real estate investor Zane Harris as he shares his journey into real estate, focusing on minimizing effort while targeting young families. He emphasizes the importance of local market research and strategically defining a target market. Harris details how properties in good school districts attract reliable tenants and discusses leveraging technology for efficient cost forecasting. His rigorous due diligence process is highlighted, including utilizing resources like Google Maps and understanding economic fundamentals to make smart investments.
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insights INSIGHT
Condo Lessons Learned
Buying properties you personally like may not align with your target market's preferences.
Condos in urban areas attract demanding renters with high turnover, increasing vacancy rates.
question_answer ANECDOTE
HOA Headaches
Zane's condo's unique plumbing caused recurring issues, highlighting HOA complexities.
Neighboring units can lead to unexpected problems and make repairs more challenging.
volunteer_activism ADVICE
Targeting Young Families
Define your target market carefully, considering their persona, needs, and preferences.
Target young families in good school districts, as they often stay longer and care for properties.
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This first volume of 'The Sandman' collects issues #1-20 and follows the story of Dream, also known as Morpheus, who is trapped by an occultist for 70 years. After his escape, Dream embarks on a quest to reclaim his lost objects of power, encountering characters like Lucifer, John Constantine, and an all-powerful madman. The series is a rich blend of modern and ancient mythology, seamlessly interweaving contemporary fiction, historical drama, and legend.
In this episode of Hacking Real Estate, co-hosts Brandon Hall and Vikas Gupta interview Zane Harris, a tech product leader, founder, and real estate investor. Harris shares his journey into real estate investing and the lessons he learned along the way. He emphasizes the importance of conducting research and understanding the local market before investing in real estate. Harris also stresses the significance of defining the target market carefully, taking into account their interests, age group, and lifestyle. He advises that properties located in areas with good school districts can reduce vacancies and attract families willing to pay more. To forecast costs and minimize effort, Harris recommends using real estate-focused tools to calculate the operating expenses of a home. Harris shares his approach to buying single-family homes, including his focus on minimizing effort and targeting young families who don't turn over frequently. He provides great insights into his rigorous process of due diligence, including leveraging Google Maps and greatschools.org, as well as his network and team on the ground as he manages his portfolio remotely. Finally, Harris discusses the importance of understanding the underlying economic fundamentals of an area and how to use the information to make smart investments.Zane HarrisReal Estate InvestmentsType: Single-family homes and condoLocation: Savannah and Atlanta, GeorgiaTotal: 4https://www.linkedin.com/in/zaneharris/hackingrealestatepodcast.com@hackingrepod
Hacking Real Estate Podcast 