Friends, I would love to hear what you would do in the following situation: You have sold a property and currently do not own it.

Good Morning. Looking for 2 apartments for immediate purchase! * The price of each apartment does not exceed one million ...

Friends, I'd love to hear what you would do in the following situation:

You have sold a property and currently you do not own any property, and you have an amount of 550,000 in hand.

Assuming you want to make an investment that will yield you a more or less regular monthly income of at least NIS 2000 - what will you do with the amount?

Invest in a small apartment in the periphery (Carmiel, Tiberias, etc.) so that you do not have to take out a loan, and you will later receive a rent of around NIS 1 per month.

2. Take a mortgage and buy a higher-level property in the country, in the range of 700,000 to 1,000,000, which will allow you a higher shekel yield, and on the other hand, repay a monthly mortgage.

3. Buy an apartment abroad - Greece, Europe, USA…

4. Avoid real estate, go to an investment company and open an investment portfolio.

What would you do?

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Responses

  1. Don't know how you calculate. Periphery apartments bring in rent of NIS 2000-2500. If 2 buys apartments each of NIS 600000 it means he needs another NIS XNUM mortgage. it's a lot of money. What will he have in his hand? I think everything will need to invest in a mortgage.
    Which mortgage to take in this case? For 20 year? 10 years?
    And there are other expenses like renovation, purchase tax for the second apartment, attorney, and more. So I didn't think it was so economical. I would love for insights into the matter.

  2. Buying two apartments in Haifa renovates them to partners, each apartment will enter 3000 Chess.
    Monthly repayment of 3000 Mortgage
    Total positive cash flow of 3000 Chess, 2000 Chess will go to what you have planned and more 1000 Chess will be used to save for the next apartment.

  3. 1 is the safest
    But you will be leasing with the plus and minus of it
    2 You will have a permanent apartment but this option depends on your mortgage repayment income
    3 Do you know the market abroad?
    This requires a real estate agent and property management from abroad
    4 requires an investment professional to check the returns and costs
    Good questions you asked
    Following…

  4. Buying two 1m apartments on the periphery (leveraging 75%) or alternatively taking advantage of the low dollar and buying 2-3 properties in the US for cash through LLC and after a year of banking record leverage for several additional apartments.

  5. I would divide the equity so that I can buy 2 apartments in the different peripheries… Apartments below the price of 600,000 have a higher chance of increasing value and if you have 2 apartments the total rent will usually exceed the mortgage expenses .. This is my personal opinion.

  6. 4.
    1-3 You're risking one investment.
    It's better to spread the money, any savings policy will suit you.

    In general, I would be in real estate in Israel in the coming years.

    Abroad you have a lot more choice, I would go for the countries that are at the end of a cycle of falling prices and not in the middle of sharp rises.