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All Forum Posts by: Orit Nahum

Orit Nahum has started 9 posts and replied 21 times.

Post: Investing overseas

Orit NahumPosted
  • Brooklyn, NY
  • Posts 21
  • Votes 2

Thabk you guys... Great advice!

Post: Investing overseas

Orit NahumPosted
  • Brooklyn, NY
  • Posts 21
  • Votes 2
Originally posted by @Priti Donnelly:

Hi @Orit Nahum,

Nice to meet you on Bigger Pockets. Trust is of utmost importance when investing overseas. Here are some things you can consider:

First, is your real estate agent available to you? Does she provide you with constant and ongoing communication? When you ask her for information, does she provide the answers to you in a timely fashion?

Next, is she transparent about her services? Will she keep you informed on all stages of the purchase process? ,

Some of the questions you could ask are the frequency of the balance sheet detailing income and expenses with a detailed explanation for the accounting, as well how the property will be managed.

Finally, will she provide client references?

These are just some of the things to consider with professionals working with you when investing overseas. Hope that helps. 

Post: new to the states

Orit NahumPosted
  • Brooklyn, NY
  • Posts 21
  • Votes 2

Hello Isca.... WELCOME

I was wondering how and where in Israel is the best to purchase,aside from Tel Aviv.

Thanks

Post: Short sale

Orit NahumPosted
  • Brooklyn, NY
  • Posts 21
  • Votes 2

Does one need to purchase a short sale with all cash or is financing available? 

Can you negotiate on the asking price?

Thanks,

Post: Buying on paper

Orit NahumPosted
  • Brooklyn, NY
  • Posts 21
  • Votes 2

Hry guys ... 

Buying a property on paper in s city that is now developing new projects and apartment and then flipping it in a couple of years when it appreciates.... 

Too Risky or pass ??

What would you do ??

Post: Closed 1st deal!!....here are the numbers.

Orit NahumPosted
  • Brooklyn, NY
  • Posts 21
  • Votes 2

Congrats!! I as well live in NY and can relate to the basement being illegal.

I find NY a hard place to invest after purchasing your first one.

Keep it up!

Regards,

Orit

Post: Buying property on paper...

Orit NahumPosted
  • Brooklyn, NY
  • Posts 21
  • Votes 2

I am looking into investing overseas and came upon tons of new projects being built in the next year or two... What is your take on investing on paper before it is even built ?? 

Looking forward to hearing from you ...

Post: Investing overseas

Orit NahumPosted
  • Brooklyn, NY
  • Posts 21
  • Votes 2

hey guys....

Looking into investing overseas and was wondering what is the best way to vet the real estate agent to make sure she is looking out for our best interest ???

Thanks 

Post: lender vs. location of property?

Orit NahumPosted
  • Brooklyn, NY
  • Posts 21
  • Votes 2

Thsnk you Dan! 

Post: lender vs. location of property?

Orit NahumPosted
  • Brooklyn, NY
  • Posts 21
  • Votes 2
Originally posted by @Dan Bosak:

It depends -- If you already have a relationship at a bank, then ask them if they will loan in the new areas you are looking.  If they say no, then go to small local bank in the new location.   I found that a lot of the small local banks will not loan outside of a specific area/comfort zone.  I live in Philadelphia but invest mostly in South Jersey and the small banks that I work with do not like to loan out of state so I have different small banks in each state as well as a couple larger regional ones that will loan in several states.