Familiarity
#Israeli Entrepreneur of the Week # Post1
About a month ago when my father from a real estate forum approached me to be an entrepreneur this week, I froze…
I did not understand why they were contacting me? What do they think I have to contribute to this group?
There are a lot of people here in the group who are experienced, investors, buyers, sellers, they are constantly sharing and uploading full quality content… What else can I already innovate ??
Then I caught myself - it's once again this inner voice that speaks to me, the one that thinks I'm not good enough yet… This is called impostor syndrome - this feeling that you do not believe you deserve your achievements and everything you did was lucky when "Or they will find out that we are just another ordinary person.
After all, what can Tzachi, the chubby yellow boy who grew up in the D neighborhood in Be'er Sheva, convey to all the investors here? What value can he already contribute to them?
So I really ask, what can I give you? What would you like to know that you think I can help him?
I am Tzachi Shenrach, 43 years old, father of 5 (secular;)), lives in Kochav Yair (new here, I do not know I will be afraid).
I bought my first apartment at the age of 22 - an investment apartment in Be'er Sheva, near the university.
So how did it happen that a "child" at the age of 22 buys an apartment for investment? Apparently it has to do with ego and competitiveness! Maybe I will write about it in one of the posts because with all the shortcomings of competitiveness, apparently this trait has advanced me in life, after all every behavior has a positive intention.
I loved what I saw and at the age of 24 I opened a real estate agency not far away, adjacent to the university and specialized in investment apartments. Buying, selling, renovating and of course - the rental itself. There must always be an end customer…
The years in the real estate office have given me the knowledge, experience and confidence to carry out dozens of flip and rental transactions - for myself and for the investors we accompanied during the golden period of Beer Sheva
The brokerage did me good and the firm grew accordingly, and with the food came the appetite (and with the appetite another appetite, but that's another opportunity…) and I switched to slightly larger entrepreneurial deals like flips on villas and then bigger deals like land and commercial property improvements.
The really big breakthrough came when I decided to set out and initiate purchasing groups and construction associations in the southern region. I did not know much about it so I did a course and met great and experienced people who gave me the first boost in the form of knowledge and also in the form of confidence and motivation (idea for the post below).
Today, a few years later, we have built and are building in the southern region about 100 units in the form of villas, houses and buildings - from the concept stage, testing, marketing, planning, construction itself, delivery of the houses to the test year. We also did non-group entrepreneurship and improved an office complex in Be'er Sheva in favor of income-producing real estate and a few other things in the background.
In recent years I have been managing a real estate investment in the USA. I do this together with David Levy my partner at Arlozorov and Tal Levi from Barrus Realty who is our partner in Rochester, New York. Our investments are joint investments for us and our investors with the understanding that if it is good enough to offer to investors - it is certainly good enough for me to be a partner. We have always acted this way, even in investments in Israel.
We focus on long-term rentals (5-10 years) because life has taught us that these are the right investments and this is the best (and fastest ?!) way to build capital in real estate (see the following posts).
In between, I learned training combined with NLP and it allows me to pass on the wings I got when I went through personal training during my career and it's fun. In recent years I have accompanied entrepreneurs and young and old business people as a business coach, it fills me very much and I am still not sure who donated more, the trained or me…
We recently joined the Real Estate Club at Ben Gurion University and opened a free real estate investment course for students that will open next semester - so if you are a student at Ben Gurion, I look forward to seeing your cube zoom.
In addition, we host a podcast on economic development called "controlling owners" - look for us in the podcast app closest to where you live.
And I really ask you - what can I contribute to you? Write me what you want me to write about. Maybe real estate issues? Overseas real estate? Entrepreneurship? Investor money management? It is possible both in the field of training and development and in terms of economic growth (I will choose from what you will write down the topics I want to chat about)
Responses