A discharged soldier whose dream is business, should reach 100's goal of a thousand savings ...
Original publication date on the United States Real Estate Forum on Facebook:
2019-01-08T21:35:20+0000
A discharged soldier whose dream is business, needs to reach a goal of 100 savings... currently with no capital at all (except for a deposit of 17 that cannot be touched unless it is for starting a business/wedding)
So of course the idea of flipping deals came up in order to reach the desired destination…
The question of how and whether it is possible without equity (without investors who are close family members)
Link to the original post on the United States Real Estate Forum on Facebook
- What are you bringing to the table?
- If I understand correctly, it is not enough for Flip and more importantly in the Flip deal. Whether you have or do not have the money, you need to find a deal first.
My advice to you is to use the resources available to you (time, energy) from which you have plenty to find good deals and sell them to an entrepreneur with money and experience. Stick to him and learn from him how to manage the deal and you will get a commission on finding the deal.
This will also teach you the process, will also keep your personal capital and you will earn a little.
That's what I'd do if I were you, the first step would focus on the area and establish contacts with local real estate professionals
Good luck? - Like anything else you would like to pursue start with acquiring an education… successfully 🙂
- Answer the question: What are you bringing to the table?
What can you bring to the table?
What do you need to accomplish to bring something to the table?Answer that and you'll get an answer
- You will start to specialize in wholesale .. will generate you cash flow.
Be determined
Do not give up
Come to win
Conquer any summit you want !!Successfully?
- You do not get me right, I do not have a thousand 100, I do not have equity, my goal is to get a savings of 100 a thousand, I'm not looking to master the bandman because again the savings I want to get to it is for starting a business
- Gil J'ilbertDayan
Answer the questions I asked - You can first acquire a real estate education, then take out a loan if there is a possibility and invest in a flips deal .. It is not certain that profits will be so high ..
- Anyone recommending specialization in wholeselling before ever knowing or studying the market and made a deal on his own? I do not know why .. that's good money?
In the eyes of a good Holsler must understand and be at least a partner to make one deal of Flip or Rantal alone (depending on his specialty) to know to make good offers and analyze transactions.
Holsling is a more advanced stage… Why send him to be a Holsler when he has not made a deal at all? These are just shots in the dark…
Where is the understanding behind the transactions? Where is the knowledge to give correct numbers? - Hi Gil, you can go with us to Flip deals for half a year as part of a group. Sends you details
- At this point in my opinion it will invest in the most important asset. Yourself. Learn, analyze, control the data, connect with the people who succeeded, help them for free, learn why they succeeded, what did not succeed, as much as you control the information and data will also have the confidence and the extra desire to perform. Then the money will suddenly become accessible and you will feel more comfortable asking for loans from your family, friends or other lender.
The point is knowledge and determination.
Successfully - Gil J'ilbert Dayan Go to the flight branch closest to your home. Recommends from experience the Tel Aviv branch. Belong to the Ministry of Economy and Labor. They provide professional courses for starting a business and entrepreneurship. Prices are subsidized and you can also get the guidance of a business and strategic consultant at a discounted price if you need depending on the niche and what you choose.
Will help you understand in the course "Entrepreneurs business" how to build a business plan, business model is right for you, financial plan, pricing, marketing, sales, advertising and financing… This is a course that allows you to meet more people, with or without a business idea. To start a business - any business in Israel and in the world.You will get the basics in my eyes and then choose not to extract from the waist, but from knowledge and consultation with experts to speak and understand your needs and desires.
If you want real estate - there are enough ways to start even without equity and you will know what to focus on and what field to enter and study it ... there is no shortage of people who can accompany you through the process. But first of all you will choose from an intelligent place and an understanding of what you want to do.
This is my opinion… For any field you choose - good luck
- The biggest problem you refer to starting your business as a derivative of reaching a savings goal of 100,000 shekels… hence the way to get anywhere is very short…
Sorry but does not connect to the approaches of strive to succeed, work hard and get there…
As long as you do not have an understanding of what you want, what your goals are, and what your work plan is, it is just a wish that in most cases will cause disappointment…
You are young, you have time to do tests, exams of what interests you, take advantage of this crazy advantage!
I really connect with what Tami Rozen said, your intent is good and you can get where you want, the problem you don't know where you want to go (100,000 Savings is not the direction for me, it's more about extinguishing a fire or a desire that comes from something short term)
By the way, join the recommendation not to go into wholesaling because you will simply be one of millions without real knowledge and trade in tin deals that no one wants and you won't understand why you don't make money even after a year
- In real estate and especially in flipping houses, it is not enough to just know the market, it is also better to start from the bottom, that is, to work with an execution team to learn the stages of renovation, costs, etc. This can help you a lot, and if you are diligent and good, you might be able to manage one or two projects and then continue forward
- Gil J'ilbert Dayan will take an investor who believes in your business and start working, why get into real estate?
Maybe as a discharged soldier this amount seems astronomical to you but there are a lot of investors out there who have such a sum sitting in the current market and are just looking for something to do with it. - IssiAlon
Maybe what you were looking for?
IssiAlon
Maybe what you were looking for?
Gil J'ilbert Dayan will take an investor who believes in your business and start working, why get into real estate?
Maybe as a discharged soldier this amount seems astronomical to you but there are a lot of investors out there who have such a sum sitting in the current market and are just looking for something to do with it.
In real estate and especially in flipping houses, it is not enough to just know the market, it is also better to start from the bottom, that is, to work with an execution team to learn the stages of renovation, costs, etc. This can help you a lot, and if you are diligent and good, you might be able to manage one or two projects and then continue forward
The biggest problem you refer to starting your business as a derivative of reaching a savings goal of 100,000 shekels… hence the way to get anywhere is very short…
Sorry but does not connect to the approaches of strive to succeed, work hard and get there…
As long as you do not have an understanding of what you want, what your goals are, and what your work plan is, it is just a wish that in most cases will cause disappointment…
You are young, you have time to do tests, exams of what interests you, take advantage of this crazy advantage!
I really connect with what Tami Rozen said, your intent is good and you can get where you want, the problem you don't know where you want to go (100,000 Savings is not the direction for me, it's more about extinguishing a fire or a desire that comes from something short term)
By the way, join the recommendation not to go into wholesaling because you will simply be one of millions without real knowledge and trade in tin deals that no one wants and you won't understand why you don't make money even after a year
Gil J'ilbert Dayan Go to the flight branch closest to your home. Recommends from experience the Tel Aviv branch. Belong to the Ministry of Economy and Labor. They provide professional courses for starting a business and entrepreneurship. Prices are subsidized and you can also get the guidance of a business and strategic consultant at a discounted price if you need depending on the niche and what you choose.
Will help you understand in the course "Entrepreneurs business" how to build a business plan, business model is right for you, financial plan, pricing, marketing, sales, advertising and financing… This is a course that allows you to meet more people, with or without a business idea. To start a business - any business in Israel and in the world.
You will get the basics in my eyes and then choose not to extract from the waist, but from knowledge and consultation with experts to speak and understand your needs and desires.
If you want real estate - there are enough ways to start even without equity and you will know what to focus on and what field to enter and study it ... there is no shortage of people who can accompany you through the process. But first of all you will choose from an intelligent place and an understanding of what you want to do.
This is my opinion… For any field you choose - good luck
At this point in my opinion it will invest in the most important asset. Yourself. Learn, analyze, control the data, connect with the people who succeeded, help them for free, learn why they succeeded, what did not succeed, as much as you control the information and data will also have the confidence and the extra desire to perform. Then the money will suddenly become accessible and you will feel more comfortable asking for loans from your family, friends or other lender.
The point is knowledge and determination.
Successfully
Hi Gil, you can go with us to Flip deals for half a year as part of a group. Sends you details
Anyone recommending specialization in wholeselling before ever knowing or studying the market and made a deal on his own? I do not know why .. that's good money?
In the eyes of a good Holsler must understand and be at least a partner to make one deal of Flip or Rantal alone (depending on his specialty) to know to make good offers and analyze transactions.
Holsling is a more advanced stage… Why send him to be a Holsler when he has not made a deal at all? These are just shots in the dark…
Where is the understanding behind the transactions? Where is the knowledge to give correct numbers?
You can first acquire a real estate education, then take out a loan if there is a possibility and invest in a flips deal .. It is not certain that profits will be so high ..
Gil J'ilbertDayan
Answer the questions I asked
You do not get me right, I do not have a thousand 100, I do not have equity, my goal is to get a savings of 100 a thousand, I'm not looking to master the bandman because again the savings I want to get to it is for starting a business
You will start to specialize in wholesale .. will generate you cash flow.
Be determined
Do not give up
Come to win
Conquer any summit you want !!
Successfully?
Answer the question: What are you bringing to the table?
What can you bring to the table?
What do you need to accomplish to bring something to the table?
Answer that and you'll get an answer
Like anything else you would like to pursue start with acquiring an education… successfully 🙂
If I understand correctly, it is not enough for Flip and more importantly in the Flip deal. Whether you have or do not have the money, you need to find a deal first.
My advice to you is to use the resources available to you (time, energy) from which you have plenty to find good deals and sell them to an entrepreneur with money and experience. Stick to him and learn from him how to manage the deal and you will get a commission on finding the deal.
This will also teach you the process, will also keep your personal capital and you will earn a little.
That's what I'd do if I were you, the first step would focus on the area and establish contacts with local real estate professionals
Good luck?
What are you bringing to the table?