# Entrepreneur of the Week * Post 1 - Introduction My name is Nadav, married to my amazing wife Livnat, and father of three children Maxi…
* Post 1 - Introductory
My name is Nadav, married to my amazing wife's wife, and the father of three adorable children (two sons and a daughter)
A former high-tech man who decided to convert after the age of 40 to real estate, before transferring I managed customer service teams at a software company, at the peak I ran a support division of 120 technical support people, I enjoyed every minute.
How did I get to America?
I came to Dayton Ohio in 2013 to manage a large support team of an Israeli company with branches abroad, I had not thought about real estate at all, but slowly I started researching the field.
One day I was informed that I needed to go to Atlanta to take on another support team .. I got on a plane and after one visit I realized that Atlanta was the right place for me regardless of what I wanted to do in the future. I applied for and got permission to move to Atlanta.
How did I get into real estate?
During a week-long bike trip, where I had a lot of time to think, I decided to start investing in real estate in parallel with my high-tech work. I returned from the trip and immediately started looking for SINGLE FAMILY properties for investment.
First transaction:
I buy from a private seller, a kind Jew, without a realtor, a property for $ 100 .. Everything gets complicated .. I did not know what inspection is, and I did not do any inspection of the house, I did not know what APPRAISAL CONTINGENCY and appraiser estimated 10 less than the purchase price, because I have no protection, I have to bring another 10 thousand dollars to the deal .. Rent that you do not pay on time… Non-stop water leakage, and a finished roof that needs replacement…
I'm almost discouraged ..
I'm almost discouraged ..
Forcing myself to hear BIGGERPOCKETS PODCAST every week to stay motivated, and succeeding within two months of stabilizing home infrastructure and putting in high-quality renters who pay on time, and suddenly begin to see the fruits of investment .. CASH FLOW !!!
Every month I pay $ 700 mortgage including insurance and taxes and someone pays me $ 1200 !! What needs more ??
Every month I pay $ 700 mortgage including insurance and taxes and someone pays me $ 1200 !! What needs more ??
Decides to sell the house in the country, and use the money to repeat the process over and over again…
What am I doing today?
Accompanied by investors looking to buy investment properties in Atlanta. Accompanied by them as an agent, but throughout my investment life, I have a 24X7 support center for my investors.
In the next post - how come I did not run out of money after three deals ?? The gift that gives and gives…
In the photos - me and the family and the first property!
Welcome Nadav. Kadima will beat us real estate theory. The following post is one of the links I am missing in the investment process. Awaiting the next post. Thanks
Well done Nadav !!
Hi Nadav, I wrote to you in private