So in the weekly corner I will introduce myself. But before that Disclaimer: All my activities ...

Original publication date on the United States Real Estate Forum on Facebook:
2019-01-06T01:12:05+0000

So as part of the weekly corner, I will introduce myself. But before that, Disclaimer: All my activity in the forum is to share knowledge I have received and I believe in the way of real estate investing and getting out of the rat circle and thinking that this is the right financial way. Like I gained knowledge from others happy to share. I have no financial / marketing internet and all that is said in my private opinion is not about consulting or motivating investment on my behalf, my professional or workplace, and there is no connection between them.

And now for a post that I think is an example of a classic case of how every young couple at the start can get on track for long-term economic independence ...

So I am Daniel son 38 happily married + 3 I am an investment consultant and banker by profession and blessedly my wife and I work in a neat place but not to get rich but to be honored, I believe the capital will come in real estate investment.

So, like that, in the US real estate world, I was exposed through my big brother who, like Lior, a nearly identical high-tech track and across the US and at some point about 12-13 years ago began investing in real estate in the US because he realized that high-tech high salaries would not become rich unless invested. I remember it when I was an undergraduate majoring in finance that he started talking to me about investing. Told me he was implementing some real-life guru called with a Japanese name - Kiyosaki ... and I immediately bought the rich, poor dad. When I asked my brother how to do, he told me to keep reading until you had "why" and find your way. So for the period from graduation, orderly work with wedding tenure, etc. I read another book and another e-seminar and more movies I kept breaking my head how to do ... And then after the wedding that starts as a young couple to save later already a first child who starts to grow and suddenly accumulated equity and my wife saved In blood and sweat, then the dilemma of every young couple: to buy an apartment in the country at an insane price at that time (in 2012 there was still an insane attitude today ...) to lay down all the equity and dwell on the apartment for 25 years in one apartment or start and implement what I read and wanted to do. You start to realize that this is the right way.
That I was willing to invest My brother gave me a mission said he had an operation and area ready for me which he built with time and experience only that I find a mentor / consultant to close the corner how to do from the country because my brother then was living in the US and it is a little different.
And so at the time I hired Rafi Mizrahi to accompany one-on-one on all the ends of the country. After learning for two months and bidding, I was able to purchase the first property in January 2013. The appetite opened and I was able to help my parents and scratch some more and bought the other property at the same time.
After two and a half years, Kash is released, some bank financing, savings and a mortgage that I have accumulated, I managed to buy the third property. At this point you are already beginning to realize that you are on the horse.
For all that time, I've been missing out on the financing effect because you start to realize that it takes a few years to raise a sum of money for a cash asset and in two years the market is rising and running away at a rate that you're not earning enough capital.
You've been digging the web for 5 years and asking someone who knows someone who knows a broker to foreigners and so endless searching until you get discouraged and accept that you can buy a property once every few years, which is fine too.
A few months ago this summer, my wife heard about someone from a French forum in the country (two of whom were originally French) that there was someone who knew some French American Jewish guy broker in Miami whose dealings were foreign mortgages. I came a little faith and said there is no chance that there is a mortgage for foreigners then I have been over 5 years looking for safe will come with me with draconian conditions like minimum 200-300A loan or murderous interest or historical credit that is not etc. etc. From a conversation with the broker, I found out that a company specializing in foreigners (I will detail a full post on this below) on the bottom line I managed to mortgage the 3 properties and withdraw about 65-70% of the cash with which I purchased 2 more properties.
What's great about the whole story is that 5-6 years assets almost doubled, which allowed me to withdraw this profit as equity to 2 cash assets (I saved some more savings) and in one new asset I made endless returns.

Conclusions:
1. There is no despair in the world if you believe in something you will stick to the goal and find your way at the end.
2. Proper leverage helps maximize return and asset accumulation, it is right to take into account interest and it is not cheap (6.5 and although not murderous) and if you generate more than the interest in a transaction through a mortgage return and value increase over the years you played it. In my case the numbers are working so I went for the deal.
3. Long-term investment is the right way for me and in the end, long-term benefits are reaping the benefits in a few short years, but it is important to build a long-term plan.
4. Nothing will help America This is America and the market is underdeveloped and it is possible through proper management of contacts that will be in your field to do everything remotely.
5. It is vitally important to share knowledge with investing friends like you and good professionals, investing if you need the best consultants and professionals to help you do more.
6. After all, not everything is pink and whoever says it doesn't speak the truth. There are always minor glitches such as tenant turnover and a period that is not leased, repairs, unexpected damages, etc. But in Long Run things work and there is little excitement about the flaps.

And the most important thing is that the partner will be with you in the same head if you do not want to be the 99% of couples chasing their own tail. I was glad to have my wife in the same head because she grew up in France where there is no mandatory mentality first of all walls and to my delight in Europe it is very common to live in drunkenness and it is not a shame.
Even today, we live in a rental where we want an excellent neighborhood and a new and innovative apartment in Holon, but on the other hand we bought a place that will create an economic future for our family and children.
The funniest thing to see is the middle-class Lahland environment that lives in matchboxes in towers that cost about NIS 3m and travel on Jeep on the pose and in fact they don't have as much Long Run as 99% of the young couples enslaved in the mouse circle.
You will not understand the exit from the mouse circle to very economic independence but at least those who invest in real estate know that it is on the highway that is heading towards economic independence.

So those are the Dulles-Forth-Worth Texas metropolitan building years 2005,2006,2009. Purchased on 115, 104 January 2013, 133 October 2014, and 205, 210 A. in the last two months. Leased at 1400, 1475, 1550, 1750 and one vacant currently in the process of finding a renter of $ 1725.

Good luck to everyone on the forum really amazing platform. I'd love to share knowledge and I'm sure we're all in the right place and in the right choice of our financial future?

Link to the original post on the United States Real Estate Forum on Facebook