Episode #201: Understanding Cycles for Success with Michael Hananel

Reading the markets and benefiting from both ups and downturns requires a ton of experience and vast knowledge of the real estate market. With over 30 years of entrepreneurial experience and success in business operations and real estate management, today’s guest, Michael Hananel, is the perfect person to walk us through the cycles of success of real estate, so that you can make the most of your next property venture. Michael is the CEO of Strategic Growth Real Estate – a commercial real estate, brokerage, investment, and property management firm that he founded in Los Angeles in 2012 – and he begins by sharing all the details behind his decision to invest in Buffalo. Our conversation explores the possible future of real estate in America, what a financial crisis could mean for the market, how rates could be affected in the next five years, and what potential investors and owners should be considering before their next buy. To end, Michael identifies what makes a great property manager, how to find one for yourself, and the role of AI in the future of property management. Key Points From This Episode:Michael Hananel’s professional background, and the work of Strategic Growth Real Estate. Why he was blown away when he began investing in Buffalo. Predicting the future of the real estate market, and Michael’s thoughts on rates. The characteristics of a great property management company, and how to find one. Understanding the role of AI in the future of property management. Links Mentioned in Today’s Episode:Michael Hananel on LinkedInStrategic Growth Real Estate  YardiAppFolioShowMojoAsset Management Mastery Facebook GroupBreak of Day Capital Break of Day Capital InstagramBreak of Day Capital YouTubeGary Lipsky on LinkedInJoseph Fang on LinkedIn