Housing Crisis | It's Not a Mortgage, It's Not Renting, It's Acre, with Acre Homes CEO & Co-founder Mike Schneider

Mike Schneider is the CEO & Co-founder of Acre Homes. Acre combines the ease of renting with the financial upside of owning. Acre is available in Raleigh-Durham, and will be launching in Atlanta and Nashville soon. Previously, Mike served as the VP of Technology Strategy at RE/MAX, and Co-founded First, a real estate tech company that leveraged machine learning to help agents win more business.

(2:12) - Acre: Breaking the Renting or Home Mortgage paradigm

(7:13) - Acre's model during variable interest rate environment

(8:59) - Opportunity residents & investors

(10:19) - Market growth

(10:54) - Taking the Tesla approach: 10x better than mortgage

(12:48) - Buying a home with a partner

(15:28) - Acre Homes price point

(16:47) - Feature: Blueprint

(17:52) - Rent-to-own, buy before you sell, Home Equity products.

(21:41) - Challenges of mortgages & bias in home appraisals

(25:07) - Generating returns in Single family homes

(25:42) - North Carolina ecosystem: Raleigh-Durham Research Triangle

(29:51) - US cities transport options

(33:26) - Collaboration Superpower: Steve Jobs

(38:57) - Discomfort Zone: Is Built-to-rent overrated?

💚 Learn more:
➡️ Acre Homes (site)
➡️ Mike Schneider on LinkedIn

💚 Feature:
➡️ Blueprint (BlueprintVegas.com/Tangent for ticket discount) - Most global event of Proptech innovators leading the charge in changing the built world in Las Vegas this September.

💚 Connect with Tangent:
➡️ Edward Cohen on Twitter
➡️ Edward Cohen on LinkedIn
➡️ Jeff Berman on LinkedIn
➡️ Zach Aarons on Twitter
➡️ Tangent on LinkedIn
➡️ Tangent on Twitter

Disclaimer: Tangent podcast is for entertainment and informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advise. Nothing contained on our program constitutes a solicitation, recommendation, endorsement, or offer by Tangent, Camber Creek, MetaProp, or any third party guest to buy or sell any securities, public or private, other financial instruments or funds.