Tangent 💚 Proptech

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.

Creators & Guests

Host
Edward Cohen
Host & Executive Producer at Tangent
Host
Jeffrey Berman
Partner at Camber Creek
Guest
Mike Schneider
CEO & Co-founder at Acre Homes

What is Tangent 💚 Proptech?

A new era is upon us, and Tangent💚 is back with our fourth new limited series, hosted by Proptech entrepreneur Edward Cohen, and venture capitalists Jeffrey Berman (Partner at Camber Creek) and Zach Aarons (Co-founder and GP at MetaProp). Tangent unites Proptech founders💡, real estate investors🏢, urban leaders🏙 and passionate creators🌎 who are improving our communities and cities. Join us to learn how we can solve present day challenges with innovative technology and greater collaboration.


If you would like to apply to pitch your startup on Tangent: Housing Crisis, email us your application to tangentcommunity@gmail.com .



➡️ Tangent💚Proptech: Founders, Real estate investors and operators, and urban leaders sharing groundbreaking companies, ideas, entrepreneurial lessons and inspiring stories. Stimulating conversation focused on housing innovation, the future of office and Climate Tech.



If you're working with a non-profit org., a small business or an early-stage Proptech, that makes our communities and cities better, and would like to have your mission featured during our Features segment, please apply to tangentcommunity@gmail.com.



Collaboration is our superpower. Stay curious and always be learning! 🤓



PS. Do not take anything said on this podcast as investment advise or seriously, this is for entertainment purposes only. 🙃