For first-time homebuyers, those with variable incomes, or even those working on their credit scores, buying a home can feel daunting—maybe even impossible.
On this episode of Zen and the Art of Real Estate Investing, Jonathan welcomes Adam Zach, the co-founder of Home Equity Partner. Home Equity Partner transforms renters into homeowners, mainly across the Midwest and Southeast, bridging the gap for people one to three years away from mortgage eligibility. They achieve this by connecting homebuyers with real estate investors seeking double-digit returns backed by real estate.
Jonathan and Adam start their conversation by delving into Adam’s first real estate and entrepreneurship exposure. Adam explains what stops most people from moving forward with real estate and what you can do to move forward, how he bit off more than he could chew, and what went wrong with some of his first real estate purchases. Adam shares his goal for Home Equity Partner, which is to make lease-to-own transparent, fair, and comfortable for buyers, how his company started, and the process a renter uses to purchase a home with lease-to-own. You’ll hear how investors can get involved with this type of transaction, where their leads come from, and his tips for avoiding scams. Finally, Jonathan and Adam discuss the other asset classes Adam is in, the ideal avatar on both the investor and buyer sides, and his advice for new investors.
Lease-to-own is one of the least talked about aspects of real estate investing, but Adam Zach makes a win-win case for this asset class.
In this episode, you will hear:
- How Adam Zach’s company, Home Equity Partner, helps buyers purchase properties
- Adam’s foray into real estate and entrepreneurship after realizing how much money he could earn with real estate
- What stops most people from moving forward and the steps you can take to move forward
- Biting off more than he could chew and what went wrong with some of his first purchases
- Making lease-to-own transparent, fair, and comfortable for buyers
- The genesis of Home Equity Partner
- The process a renter goes through to purchase a home using a lease-to-own option
- How investors can get involved in doing this type of transaction
- Where Adam’s leads are coming from in his business and avoiding scams
- The other asset classes he’s in and why he primarily sticks to single-family
- Building wealth through equity in your home and who Adam’s ideal avatars are
- What happens to the house if the tenant has an income change
- Adam Zach’s advice for new investors
Follow and Review:
We’d love for you to follow us if you haven’t yet. Click that purple ‘+’ in the top right corner of your Apple Podcasts app. We’d love it even more if you could drop a review or 5-star rating over on Apple Podcasts. Simply select “Ratings and Reviews” and “Write a Review” then a quick line with your favorite part of the episode. It only takes a second and it helps spread the word about the podcast.
Supporting Resources:
Home Equity Partner website – homeequitypartner.com/investors
Adam Zach on Facebook – www.facebook.com/ChessChief
Home Equity Partner’s Instagram – www.instagram.com/homeequitypartner
Connect with Adam Zach on LinkedIn – www.linkedin.com/in/adam-zach-pe-0000303b
Website – www.streamlined.properties
YouTube – www.youtube.com/c/JonathanGreeneRE/videos
Instagram – www.instagram.com/trustgreene
Instagram – www.instagram.com/streamlinedproperties
TikTok – www.tiktok.com/@trustgreene
Zillow – www.zillow.com/profile/StreamlinedReal
Bigger Pockets – www.biggerpockets.com/users/TrustGreene
Facebook – www.facebook.com/streamlinedproperties
Email – info@streamlined.properties