All Forum Posts by: Yoni Weisbrod

Thanks Claude, good to meet you!

Hey everyone, glad to meet you! I'm originally from Canada, currently live in Jerusalem, Israel, and work in Tel Aviv as a software developer. 

I currently have my savings invested in the stock market (100% index ETFs), and I very much believe in index investing as a long-term safe path to serious gains. But recently I've begun to wonder whether real estate might offer a quicker path to greater wealth and independence.

I'm currently going through the Book on Rental Property Investing as well as The 10x Rule by Grant Cardone. People seem to really like Rich Dad, Poor Dad around here, so that might be next, but I'd be happy to get other recommendations.

One of my main concerns in getting involved in RE is that Israel seems like a bad place to be a small-time investor. The prices in the big cities are high, transaction costs are reported to be high as well, and I understand that yields tend to be low. For that reason, I'm wondering whether it might be better to invest in RE in another country, such as in Toronto, Canada, a city that I'm very familiar with. Obviously I have misgivings about long-distance RE investing, especially as a beginner.

Look forward to learning from all of you, and hopefully contributing as well!