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Profit by Investing in Student Housing: Cash In on the Campus Housing Shortage
 
 
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Profit by Investing in Student Housing: Cash In on the Campus Housing Shortage [Paperback]

Michael Zaransky (Author)
4.2 out of 5 stars  See all reviews (5 customer reviews)


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About the Author

Michael H. Zaransky is the co-founder and Co-CEO of Northbrook, IL-based Prime Property Investors, Ltd., which was voted one of the best 50 companies in residential construction and development to work for by Professional Builder. Prime has won numerous awards for its rehab and repositioned projects. Zaransky has published numerous articles on real estate investment, been quoted in national publications including the New York Times, Denver Post, and Chicago Tribune, and is the author of Profit by Investing in Student Housing (Kaplan 2006).

Product Details

  • Paperback: 232 pages
  • Publisher: Kaplan Publishing (April 1, 2006)
  • Language: English
  • ISBN-10: 1419521888
  • ISBN-13: 978-1419521881
  • Product Dimensions: 8.9 x 7.7 x 0.5 inches
  • Shipping Weight: 12 ounces
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (5 customer reviews)
  • Amazon Best Sellers Rank: #656,295 in Books (See Top 100 in Books)

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4.2 out of 5 stars (5 customer reviews)
 
 
 
 
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25 of 25 people found the following review helpful:
5.0 out of 5 stars Real- world insight, May 1, 2006
By 
E. Ronald Miles (Champaign, IL United States) - See all my reviews
(REAL NAME)   
This review is from: Profit by Investing in Student Housing: Cash In on the Campus Housing Shortage (Paperback)
So refreshing to find an author that is not shamelessly hawking fluffy books and get-rich-quick seminars to pad his personal bank account. Michael Zaransky is clearly a serious investor/operator in the student housing sector, and openly shares his experience and perspectives. He doesn't predict or guarantee overnight wealth nor an easy path to accomplish instant success as some no-brainer exercise. As he tells us, it requires up-front analysis, discipline, and involving professionals in the process.

What Zaransky does provide are objective statistics and trends from reputable third parties, along with solid guidelines to make the investing process a prudent one. Using this info and approach, he patiently and with proper due diligence, evaluates each deal on all its merits. He also advocates walking away when the deal doesn't meet the established criteria.

I have been an active player in the student housing market for 30-plus years and found his book to be practical and on the money. I would highly encourage any real estate investor whether novice or seasoned, to take advantage of a great resource.
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5 of 5 people found the following review helpful:
5.0 out of 5 stars Great Strategy for Investing in Multifamily Real Estate, November 12, 2006
This review is from: Profit by Investing in Student Housing: Cash In on the Campus Housing Shortage (Paperback)
Michael Zaransky makes a great case in this book for investing in student housing. He provides all the statistics and other factors for investing in student housing right now. He also gives a good overview as to how go about raising the equity and arranging the financing. This overview, however, is very general, and you will soon find out that what he describes in one paragraph could easily fill a whole book. At least it puts you on notice, which is the most important thing. I also would have liked a more detailed explanation as to his underwriting process, but I understand that he can't give away all of his secrets. Overall, this is a very good book for somebody like myself who was looking for some strategy to invest in real estate instead of just looking over broker advertisements as they come across my desk.
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1 of 1 people found the following review helpful:
5.0 out of 5 stars Excellent Book on Student Housing, August 12, 2009
This review is from: Profit by Investing in Student Housing: Cash In on the Campus Housing Shortage (Paperback)
This is an excellent book on a special niche of multi-family investing - Student Housing. I was really glad to find this book because there are not a lot of them on this topic. I read it because I wanted to find out what it is that make student housing so profitable. The author has tremendous experience in the area. However, this is not a get-rich-quick scheme. It requires work, dedication, money, and knowledge.

The author argues that the future for student housing is bright. As more students of the Echo Generation are entering college, higher learning institutions do not keep up with the demand for housing, and therefore, rents and cash flow are likely to go up as demand must meet supply.

- Mariusz Skonieczny, author of Why Are We So Clueless about the Stock Market? Learn how to invest your money, how to pick stocks, and how to make money in the stock market
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Inside This Book (learn more)
Key Phrases - Statistically Improbable Phrases (SIPs): (learn more)
housing niche, student housing market, student housing stock, enrollments exceeding, real estate niche, property worth buying, student housing shortage, commercial mortgage brokers, major university campuses, investment niche, student housing units, estate investment business, high growth states, property niche, high occupancy levels, housing deals, housing properties, largest university, housing transactions, echo boomers, rent growth, due diligence period, apartment properties, housing property, equity buildup
Key Phrases - Capitalized Phrases (CAPs): (learn more)
North Carolina, Fannie Mae, University of California-Irvine, Education Realty Trust, Georgia Southern University, New York, Auburn University, Census Bureau, Stanford University, Big Three, Clemson University, Cornell University, Letter of Intent, Rutgers University, University of Central Arkansas, College Park Communities, Idaho State University, Oklahoma State University, United States, University of Arkansas-Fayetteville, San Jose State University, University of Wisconsin
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