All Forum Posts by: Sean Cohen

Inspirational indeed! Thank you for sharing 

@Amit M. right now I dont believe that the bubble is going to pop (Maybe in 5-7 years in my opinion).
Properties are really expensive, lately a new law was put that taxes any one that has more then 3 properties in Israel,for about 425$ per property from the 3 or 4 one and up. this will surely lead to a rise in the renting price (lose lose cause the owners will only get enough to pay the new tax and the renties will just pay more ).
even areas that aren't considered really high up like Tel Aviv are very expensive. 
Pay checks aren't rising but housing prices are . So by my common sense in this rate there is going to be a RE crash . oOnly time can tell :)

@Tom Ott I am thinking about turnkey investment but I'm not limiting myself. I dont mind fixing a property and letting a management company run the main show. 
My "mentor"( on the verge of becoming my mentor haha) has done it and more often then not it was not through a turnkey investment .
any ways ... thanks a lot!

@Sharif Haleem @Ariel G. @James Wise thanks a lot guys! 

Exactly. From 2006 till today the amount of paychecks you need in order to buy a property in Tel Aviv has nearly doubled . The cost of housing here is high and a lot of investors buy properties here after seeing a profit from investing out of state or after accumulating some sort of wealth .
I do see myself personally buying in Israel but not in my current situation (plus I believe that the real estate bubble will pop in a few years so I'm patient)

@Daniel Hyman hahaha yea here is something about that . In the future I believe i'll do that investment as well. 
thanks a lot :) 

@Irina AveryanovThanks alot  

@Marina Shlomov thanks a lot for your kindness !
I will look the area up and if i'll have any questions about it i'll be sure to contact you.
Again, thanks a lot ! 

Yea it's going to be a crazy ride ! 
@Mario Tavares thanks a lot for the advice. I know that it can be a huge headache and I have some considerations to do a bot where my target area would be, but I do believe that having a profitable investment with a lot of work is better then a bad one that is at home haha.

@Michael Lee thanks a lot for the advice as well! I'll contact you if I see I'm totally lost haha. Get well soon 

@Tatyana Shevnina Thanks alot !

Yea I know that knowing people around my target area helps, and I do have some contacts, but they are not local as well. Non the less I'll try to reach out to them .

Hello BP !
My name is Sean and I'm a 21 y/o newbie investor from Israel. 

First of I wanted to thank this amazing site that helps me enrich my knowledge on a daily basis.
My main goal is to become a buy & hold investor, to start accumulating properties slowly and surely (in a pace of 1-2 doors every 1-2 years) until I have enough passive income to live my life by my own standards. My main goal is to start with SFRs but wouldn't be against multifamily as well.
After looking around I have decided to invest globally in order to have the advantages of having a worldwide portfolio (that is less fragile to local market crashes), and because the ROI in Israel isn't that investor friendly.
I'm looking to invest in solid countries (politically wise) that allow foreign investments, which makes me think I should look at the different markets in the USA.
Because I am not limited to a certain city/state I was wondering if I could get some advice about where I should look for investments/contacts.
I am not sure yet what are the main traits I should be looking for, but I believe that a good start would be a state/city/area that is:

• Landlord friendly (from the tenant- landlord perspective).
• Has a solid ROI
• Is considerably cheap (unlike San Francisco haha)
• Allows foreign investors
• Isn't too expensive tax wise

Any ideas and advice will be happily accepted :)

Thanks in advance everybody!

Hello BP !
My name is Sean and I'm a 21 y/o noobie investor from Israel.
First of I wanted to thank this amazing site that helps me enrich my knowledge on a daily basis.
My main goal is to become a buy & hold investor, to start accumulating properties slowly and surely (in a pace of 1-2 doors every 1-2 years) until I have enough passive income to live my life by my own standards. My main goal is to start with SFRs but wouldn't be against multifamily as well.
After looking around I have decided to invest globally in order to have the advantages of having a worldwide portfolio (that is less fragile to local market crashes), and because the ROI in Israel isn't that investor friendly.
I'm looking to invest in solid countries (politically wise) that allow foreign investments, which makes me think I should look at the different markets in the USA.
Because I am not limited to a certain city/state I was wondering if I could get some advice about where I should look for investments/contacts.
I am not sure yet what are the main traits I should be looking for, but I believe that a good start would be a state/city/area that is:

• Landlord friendly (from the tenant- landlord perspective).
• Has a solid ROI
• Is considerably cheap (unlike San Francisco haha)
• Allows foreign investors
• Isn't too expensive tax wise

Any ideas and advice will be happily accepted :)

Thanks in advance everybody!