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All Forum Posts by: Yaron Horsky

Yaron Horsky has started 29 posts and replied 51 times.

Post: Refinance to a non US resident.

Yaron HorskyPosted
  • Tel Aviv, Israel
  • Posts 53
  • Votes 9
Hello all, I recently bought a house in the US, cash. Anyone know how can I get funding through refinancing this property? Can I get funding from US? Anyone else here already did that? Would love to hear your ideas and suggestions.

Post: Where can I find a state property tax fee?

Yaron HorskyPosted
  • Tel Aviv, Israel
  • Posts 53
  • Votes 9
I'm a out of state investor, where can I find the state's taxes?

Post: non us resident bank account

Yaron HorskyPosted
  • Tel Aviv, Israel
  • Posts 53
  • Votes 9

Does anyone have opened a U.S bank account who is a foreigner that doesn't live in the u.s?
I'm closing in on my first deal and want to open a bank account so the rental income goes into that bank.
Any foreigner investors here that done that already, i would be happy to hear how you did it.

Thanks,
Yaron.

Post: Job

Yaron HorskyPosted
  • Tel Aviv, Israel
  • Posts 53
  • Votes 9

hey all, just finish my service in the army and started the "real" life.
the thing is this, i know i have X qualities, i was an officer in the army, and the jobs that are available "outside" of the army are kind of crappy and low paying.
i don't have any degree or anything, and pretty young,(23, although the last BP podcast makes it look like i'm way behind).

I study from a friend of my parents that invests in real estate for a long time, and i need to start and save money so i can invest in more deals (we're closing in on the first deal, but that's another post, hopefully in the near future).

what would you guys recommend? get a low paying job? continue searching? 
would love to hear your ideas.

Thanks.
Yaron.

Post: Parents aren't supporting

Yaron HorskyPosted
  • Tel Aviv, Israel
  • Posts 53
  • Votes 9

thank you all for your comments. 
appreciate it.

Yaron.

Post: Parents aren't supporting

Yaron HorskyPosted
  • Tel Aviv, Israel
  • Posts 53
  • Votes 9
Originally posted by @Andrew Fielder:

Yes, been in a similar situation. No one is dealt the same cards. You have to figure out how to make the most out of what you have. 2 years in to college I knew that long term I wanted to be a real estate investor. At the time I had moved out of my house and paid for everything on my own. Getting them to help me out with a real estate investment was the last thing they were going to do. I decided to do everything in my power to put myself in a position to pursue that goal. I dedicated my final two years in college to taking every elective I had in a real estate or investment course. I got an internship working for a real estate development company. When I graduated I joined a software company because it was with a good company and they paid well for someone straight out of college. Unfortunately Accounting and Corporate Finance was not what I wanted to do long term. About 1.5 years into my job I decided to go back to school to study more about real estate but I would have to relocate to pursue a masters in real estate. So I enrolled in a taxation masters of all things and took an elective course in Real Estate Investing. It was the best course I've ever done. The professor was great and I also completed an ARGUS DCF course which these days is pretty much a requirement to get into commercial real estate. At the same time I also go my real estate license. After that semester I knew I wanted to go down the commercial real estate track more than residential. So I decided to pursue a masters degree in property and development in Australia. I finished the masters course last year and am now working at CBRE the #1 commercial real estate company worldwide. 

What I'm trying to say here is that you need to pursue your dreams. If that's real estate investing then it needs to become your "magnificent obsession". You need to make it your lifestyle.

As you know from this website you don't have to have a job or money to invest in real estate but its a hell of a lot easier if you do. I understand that my job is a means to an end. So if I have to work my job to be financially independent and to help me invest in real estate then I might as well be working in that industry.

At the end of the day, my parents have seen that I am committed to real estate. It didn't happen overnight but it happened and now they look to me to help them invest their retirement savings in real estate. They even loaned my $15,000 to buy an apartment which I thought would never happen.

So believe in yourself, surround yourself with positive people, don't make excuses why you can't work on your passion every day and good things will come.

Hope that helps. Good luck my friend.

 thanks Andrew.
what would you suggest to me, living with my parents in the same home.
Should I ignore talking about real estate,college degree, finance with them?

Post: Parents aren't supporting

Yaron HorskyPosted
  • Tel Aviv, Israel
  • Posts 53
  • Votes 9
In on the phone so I can't quote, #Greg thanks for the detailed answer!

Post: Parents aren't supporting

Yaron HorskyPosted
  • Tel Aviv, Israel
  • Posts 53
  • Votes 9
The problem is that I live in home now.. And it's constantly hearing their saying. And living on my own is not a wise financial decision. For now I am continuing trying to ignore it, but it's not a good environment to be around

Post: Parents aren't supporting

Yaron HorskyPosted
  • Tel Aviv, Israel
  • Posts 53
  • Votes 9
Just to share, my parents don't support me with my ambitions to start real estate investing. Anyone here with the same story? And what did you do about it?

Post: Real estate agent, bad for business?

Yaron HorskyPosted
  • Tel Aviv, Israel
  • Posts 53
  • Votes 9
Does the phone app has the ability to quote? Haha