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Dealing with pressures and changes in the real estate world

What's going on an expensive group? So this week I'm getting into the big shoes of "Entrepreneurs of the Week," thanking Lior on stage. So in a few words about me and us, I am a co-owner of SafetyTint, having been operating for the past eight years in Orlando, Florida as a real estate agency for local and distant investors. This week I will start with a post slightly different from my regular content, the topic is dealing with pressures and changes…

LLC - Limited liability company

In-depth discussion of LLC Because there are a lot of questions about the subject of LLC I would like to hear from people who have LLC and they were in a situation that the LLC protected * or * went through a situation that if there was an LLC she would protect them. Request: First-hand stories and not “I heard. . . "Or" my friend "- I know a lot of them !!!!…

Responses

  1. I have an organizational and strategic consulting company for businesses and thanks to it I saved the amount of money I wanted to invest. I did tests on various investment options in more and less solid plans in the country and saw that if I want a real return on investment the only way is through real estate. By the way, most of my senior clients have made their significant fortunes in real estate as well so I got the initial recommendation for the field from them.

    I started and bought my first property in Tel Aviv, then in Melbourne Australia and from there I already understood the business potential in the real estate field. As with many things that have turned me on in the past I have decided that I want to be an “expert” and take the subject as a project for in-depth study. I went on a "journey" in Europe (USA decided not to invest at that time) and went through a wide range of regions (Greece, Czech Republic, Hungary, Romania, Italy, Germany and more and other countries in Asia - in Thailand I almost participated in buying a hotel, in Vietnam in an office building) almost In all the destinations I examined a lot of investment opportunities and met with quite a few companies and indeed, I found very attractive deals.

    By and large, I was afraid to buy properties in areas where I felt there was no "order" (I heard horror stories that some of you probably heard as well) or the law is subject to interpretation (Thai policeman asks for a bonus to approve you build the hotel you own) or the economy is unstable I sculpted on the basis of these investments that seemed glamorous to me in countries in Eastern Europe, Asia and Greece. On the way I met people with different stories, some about successes, some about less, but finally I met a company that offers investments in East Germany.

    From the moment of the first meeting, an amazing interpersonal connection is created - both on a personal level and on a professional level. I immediately decided to fly there as well (I landed in Leipzig and went on investment tours in the area) and was very impressed with the opportunities that were there. In a short time I bought 3 entrepreneurial buildings, 2 rented apartments (10% yield with long-term rent) and entered into a partnership for another real estate project (a building intended for AIRBNB rental). On the way I “dragged” additional investments to two of my best friends, my parents and two other friends from a more distant circle, until at some point.

    During the months that followed, I became so committed to doing so that I decided to direct my resources, even on time, to investment in East Germany. Today, about a year after that meeting, I am much smarter and with successful experience - and more importantly, I have entered into the company with which I formed the first partnership. I am happy to be not only on the invested side, but also on the side that recommends investments and initiatives.

    It has been a long road, and I have another long road ahead of me, but I am confident that the path I have chosen is the right one! (Without, God forbid, underestimating the importance of other areas or other opportunities) Since I joined the company, I have presented dozens of projects, created a lot of collaborations and I am happy to see investors of all shades. In particular, it is exciting to see a discharged soldier who invested a small amount that she saved and made a big profit thanks to, young couples who go on an investment adventure and put their trust in me and build, or "real estate sharks" that I meet and shake hands on projects of very large dimensions.

    That's it, is that my story? Thanks for reading!

  2. I started with 2011. I bought a lot of real estate from Israeli companies, which turned out to be very expensive mistakes. From 2013 I started buying directly from American sellers. Should start. Create a reliable local team. Find professionals who know the job and will be very fair and honest. This is the basis. They will teach you everything. Everything else, it's up to you. A desire to succeed, perseverance, not fear, also falls. Successfully

  3. I got into the realm after trying to buy a property in Miami and found that the companies that offered me a purchase offer bought the property themselves (have not completed the closing yet) and tried to sell the property at 50% more. After searching for over six months, I decided to jump into the water myself and do everything on my own without the help of society. After trying my luck and making purchases for myself, I opened the company and started making purchases for Israelis.

  4. I actually got into the field through a regular investment in income-producing real estate in Florida. I had an apartment in Yavne that I bought with a mortgage and rented it out, because I lived permanently and lived at a base in the south. After visiting Florida to see the property and understand the process of its renovation and what I can expect from it, I decided it was something I wanted to do myself.
    I sold the apartment in Yavne and liquidated the mortgage (meteoric rise in prices in Israel helped). With the money left over with a small loan, I bought the first property and decided that I was leaving the army and came here to continue to deal with it.

    The most "difficult" step was to leave a permanent and safe place (the whole package, a budget pension that goes to waste, promotion…) and actually come here to what I do not understand and start on "wet" from the beginning, in a foreign country, alone. I think the biggest difference between me and the majority at my age (and maybe I'm wrong, I did not investigate 🙂) is that it was easy for me to cut off contact because I was single and in fact it's just my destiny.

    When I got here I gave the first property to start working and renting. It was very important for me not to get to the point where I needed the money from home in order to live my day to day life, and after that stabilized I purchased another property to rent.

    In the meantime I studied the world of flips, loans, interest rates, and realized what I can actually get in my status in the US and whether I even have the ability to enter the flip when a significant portion of the money I need to put the flip up for sale is not mine and it comes with interest And commissions at such and other gates.

    I think as they wrote here before - most of us feel some need to do more, for me it was more in the place of "out of nowhere" - of starting from scratch, in another country and all that that implies. The difference between an entrepreneur and an investor can be blurred so you need to understand exactly what you want to do, what the risks are, what the chances are - and what you are putting at stake. Everything else is something you already have and it is the desire and determination to ponder and understand that there are things beyond your daily routine and you can probably fit into something bigger.

    Successfully !

  5. My son, unlike many others, has already taken the first step. There is a lot to hear and it goes by them while you lifted your gauntlet and continued to research and study and ask, meaning you have the drive you need for an investor!
    It is important to understand that investment money is not for you money you will need for a living tomorrow morning. That they are now savings or money that you could put aside and invest for a certain period of time.
    There are long-term investments that give the investor a passive income and that's not all bad. Investments that start from $ 40,000 for example and carry an annual return of about 12-14 percent. There are shorter-term investments, such as half a year, so-called flip deals, and most of the annual returns that produce two such projects are higher. We have been able to reach such half-year projects even at 30 percentage return on investment.
    It all depends on how much you like risk, hate risk, how much your investment budget is, what returns you want to generate and more.
    You can always start the course and hear firsthand from something that is already doing it and ask all the questions.
    Usually when things become clearer it becomes easier to get applied.
    I would love to help, I accompany many clients every day who are making their first step in investing in the United States. In Florida, Georgia, Texas, Ohio, Indiana and most recently Michigan.
    Passes a personal 1 course: 1 to investors in their first steps.
    I would love to help and most importantly lots of success!

  6. And another little tip: Don't look for NIS 5000 or 10% yield. It's not interesting. Anyone who wants to make money will think big and look for returns of 60-70% per year on a venture (no real estate, because there are no such returns). The more money you have and the less pressure you can, the yields can go down (and they will also decrease whether you want to or not)

  7. At the age of 13, I devoured my father, who opened an account for me with NIS 5000 to trade in shares so that I could make NIS 700 from them to buy my Air Jordan… (it did not work, a 13-year-old boy does not understand shares)
    At 17, after work on renovations, Air Jordan was also bought, but money was also invested as much as her mother could have in cosmetics to sell even more than we bought.
    At some point, you take the risk of investing with someone who trusts them and buys a small percentage of a (relatively) large business, and from there no inhibitions .. If it's inside, it's inside

  8. Let's start with a difference between an entrepreneur and an investor
    An investor brings money and starts investing
    Entrepreneur - initiates an idea and takes care of bringing in money from those who have money and creates from scratch

    An entrepreneur who discovers a builder brings a good deal
    Money is plentiful
    People are looking for where to invest

    Successfully

  9. Dear new investors - like everything in life you need courage, vision and initiative. It's hard for many to get out of their comfort zone, but if you don't try, you won't know, right? And I believe that it is better to try and fail than not to try at all.. Hey, let it be a little exciting and interesting in life. And yet it's money, you say, what will we play with the little money we have? And you are right. So how do you start anyway? in a small Want in Israel? Given in the periphery (I believe in the Negev), abroad? Decide where is the most correct and safe for you. So how do you organize the money? Sell ​​a house and move to rent, borrow from whoever is available, join some friends to buy together, take a loan, open a savings plan... which model to invest in? It depends on your character because not everyone is an entrepreneur or an investor, that is, if you prefer not to mess around and have them invest and manage for you - fine, whatever works for you. And don't worry, you'll make mistakes...but that's the only way you'll learn and go to the next level. And my advice - don't go for a deal just on the basis of yield, but teach yourself to think smart and long-term business. But whatever you do, believe only in yourself and learn to listen to "your gut" and learn not to be afraid. And regarding my personal story? Who knows, maybe I'll participate in one of Eitan and Max's events 🙂 Good luck to you..