# **Real Estate Virtual Wholesaling Introduction** # Entrepreneur of the Week Haim and Yoav…
# **Real Estate Virtual Wholesaling Introduction**
# Entrepreneur of the Week Haim and Yoav # Post 1
Hello to all members and entrepreneurs of the real estate community and to the matter
We are happy for the opportunity to take part in this amazing community and for the opportunity to put in front of the stage for a week the field to which we share such a great passion – Virtual Wholesaling.
During the week we will try to give you a broader and deeper understanding of the field that has changed our lives for us by sharing the knowledge and experience we have gained so far in our journey as Virtual Wholesalers.
But first, a little about ourselves and what connected us to working together in the field –
I live, after 20 years of living in San Francisco I decided to return to Israel last summer to raise the children in Israel and give them the gift of growing up close to a family in Israel with all the pros and cons. Most people who hear my story tell me “you’re crazy, what have you got to look for here” but you can’t quantify the value of growing up close to a family and we wouldn’t want to live with feelings of remorse and failure if we didn’t take that step.
I can say with all my heart that without the experience and practice in real estate and virtual wholesaling in particular, I could not have made this life-changing step for my family.
I came abroad 20 years ago as a security guard for Elal and the State Department, and arriving in San Francisco allowed me to study while working as a representative. Then as the JCC of San Francisco Jewish Community Commander. After 13 years of working in the security field, with a master’s degree (with which I do nothing) and two children, I came to the conclusion that I could not support a family in San Francisco with the respect and certainly not in the lifestyle I wanted.
I could not progress professionally and financially, I was tired of reporting to the boss, I was tired of having my value and salary determined and I wanted to control my time. I wanted to be a present dad – to take the kids to school, have lunch with them, watch their games, and not spend most of my time at work instead of with my family. I wanted to travel more in the world and gather experiences. And I also wanted to make more money, produce a higher income that would give the ability to live life by the standards I want.
I realized I had to change direction and find a way out of the “rat race” and like many people in the field I read “Rich Dad Poor Dad” and from here everything changed. I started buying properties and after 4 properties I realized I needed to buy another 30 properties to get where I wanted and be able to leave my workplace. Again I had to change direction, and from here I came to virtual wholesaling – a strategy that can be done from anywhere in the world and generate high income in a relatively short time.
After two years of hard work on September 30, 2015 – my Independence Day – I resigned from the job and set off as a full-time virtual wholesaler. I have since developed a wholesaling operation in various markets, flips in San Francisco, and investor loans as a Private Lender. Shortly after I returned to Israel, I met Yoav and from there things started to roll.
Hi! I’m Yoav, after a 12 year tour abroad working for an American company in the diamond industry – 9 years of them in Africa, and a little more in Europe my wife and three children and I decided to return to Israel. The kids grew up a bit and we had to decide Our child. After some deliberation, we decided to return to Israel, alongside the extended family. We wanted the children to be close to Sabasbata and to have an Israeli childhood.
During all this time abroad real estate investments have always been a big part of my life and in every country I have lived I have always made sure that the money I was able to accumulate would work for us, for my family and for me which was reflected in real estate investments in Africa, Belgium and Israel.
Upon returning to Israel, it was completely clear to me that staying in the diamond field was not an option – due to the fact that I was not really a diamond or polisher but engaged in setting up operations and management for an American company. I really had to reinvent myself.
I started with an investor hat – I traveled to the US for a few months to a number of different locations I studied and examined and finally bought a number of income-producing properties and at the same time started making flips. , Build a business plan and take care of borrowing them for the entire life of the deal – whether it’s a flip up to the sales stage or whether it’s a rent then up to the key stage – all for a fixed fee.
The constant race for deals, the huge responsibilities and many sleepless nights made me realize that investors invest less for me. I remember times I would even find myself paying out of pocket for repairs to the property just to avoid the awkward conversation with the investor who had to be explained that air conditioners were also breaking down or a defect in the property was discovered during the renovation.
This is not what I imagined when I thought of my “economic freedom.”
During all this period of OFF MARKET property racing, I was always intrigued and fascinated by the field of wholesaling – the position in the deal for me is ultimate – to have the contract, work directly with the seller, and no less important the release and lack of testing and repairs when we sell the property AS IS – DO YOUR OWN DUE DILIGENCE – I felt I found the right field for me:
I examined the field in depth and checked if it is at all possible to do it virtually, that I am not physically present there and the conclusion was unequivocal – yes! And so from that day on I decided to become a wholesaler: I took a leading mentor in the field and the rest is history – happy to say that is what I have been doing every day and all day for the past 3 years.
Two years ago, I founded a Facebook group that aims to promote the field of virtual holsling in Israel and to be a platform for transferring information between active players in the field and people who are interested in joining it.
Upon Haim’s return to Israel, I felt that the connection we built was truly complementary — I was privileged to meet an experienced person with a tremendous passion for the field, an ocean of knowledge that completed my desire and passion to help others. I felt that together, approx
את התגובות המקוריות לפוסט ניתן לקרוא בתחתית דף הפוסט הנוכחי באתר או בקישור לפוסט בפייסבוק וכמובן שאתם מוזמנים להצטרף לדיון
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