Mike Greene - CEO of Resi-Shares & Real Estate Expert
Mike Greene is innovating and changing the future of single-family home investment opportunities!
Mike Greene is the CEO of Resi-Shares; a firm that is leveraging data, technology, and financial innovation to deliver systematically diversified appreciation and rental income from single family homes.
Mike and I go back a long way having attended the MBA program at UC Berkeley.
Mike has worked his entire life in real estate including sell-side banking, buy-side and finally at HouseCanary, a company leveraging big data and AI to provide actionable insights on real estate.
In this episode we talk about:
When Mike co-founded his business Covid hit and he thought it would be a perfect time to invest in single-family housing, but the markets sky-rocketed and real estate prices went up. Turned out the timing was terrible, but like any great entrepreneur he persevered, learned a lot and survived!
What his company Resi-Shares and other institutions are doing in the real estate markets: BlackRock, BlackStone, and investing in real estate investment trusts (REIT’s).
We spend a lot of time talking about Bay Area real estate (at my admittedly selfish request).
- Should you buy or rent?
- Should you sell or rent if you’re moving?
- What’s going to happen to Bay Area real estate, given economy and interest rates.
We've seen a migration out of California, but housing consistently goes up in price. We dive into the why.
Recommendations discussed:
- Anthony Bourdain - Medium Raw
- Lakers Fiction/non-fiction story: Winning Time
