All Forum Posts by: Moshe Aharoni

The real estate market is no different than any other market. there are highs and lows, booms and crashes. to predict it would be tough. there are many variables that decide the real estate market specificalljy. 

when the stock market is doing very well which it is right now, eventually there will be a correction. as the stock market goes up your suppose to sell on the ups and buy on the downs. real estate is the same way buy low and hold and depending on strategy you can sell on the high or just pull out equity and wait for a market to go down. in real estate though it takes longer periods for market to go up or go down. in the stock market it can happen in a matter of days and weeks.

no reason to predict an up or down movement in any market just be prepared for when it happens! there is going to be correction in all markets soon. remember the interest rates are being controlled by a fed who knows the markets are not so stable. the money being used in real estate for instance is cheap money which causes all markets to inflate artificially.

if interest rates go up to where they should be ( i am referring to the fed rate) of lets say 3-4% you will definately see a housing market correction which would be a good thing. homes prices should take decades to go up. what we see is a fallacy in how a fed reserve and all the worlds reserve basically manipulate markets which cause bigger moves than should happen if the interest rates would float.

i hope that helps

I graduated in 2007 with a bachelor's degree accounting and graduated with a master degree in 2010 with a master's degree in taxation. to be honest my tri experience came from being hands on in my family hvac business which really opened my eyes in how investing in real estate can bring real wealth and control. I deal with clients that are developers and landlords and you learn a lot in bringing value to properties. I mostly deal with commercial but the mindset is the same as residential. as some preview comments when you have a degree that deals with money you learn how to change your approach in how to invest and the 8th wonder compounding interest. great topic and good luck everyone

Bill you are on the right path to success. like the previous time is everything! but before you get filled with expectations of being a millionaire just remember love what you do! enjoy the moment and have fun with it. dont pressure yourself into this idea of being a millionaire. I own a commercial hvac business in which most of my clients are landlords in manhattan (nyc) and some are happy with there wealth and others are miserable for the fact that money makes them happy. A mindset that money will make you happy will only make you more miserable and lonely.

With that out fo the way take your time and eventually you will be wealthy. My advice to you is to stick to one aspect of real estate investing and practice its art. i know i sound philisophical here but its like any industry. stick to a nitch and be the best at it and eventually you will be. 

I wish you good luck! if you want advice on the path to wealth there is a book i read recently that might discourage you and if it doesnt do that it will light a fire! how to be rich by felix dennis.

hope that helped

Biggest challenge for 2017 is to figure out where i should be investing! Live in nyc and have opportunities in the 5 boroughs, nj and long island.

I would like a list as well. recently purchased a property and need some work. Also does anyone invest in west long branch area?

Every generation has its flaws. Millenials are not a generation that will destroy america or fail this nation They will grow up and become more mature its just about time. Time will dictate that they go into home ownership and i believe in time they will realize that the key to great success and financial freedom is through ownership not renting or leasing. 

I was born in 1984 and i believe my generation will change, they all do. knowledge is power!!! everyone on this site reading this forum knows that. With time they will leave university and will eventually get jobs and learn what the power of money is.

There are many millenials who are reaping the benefits of economic cycle that had to come! we have ups and we have downs. Remember when there is blood on the streets, BUY BUY BUY.

I would like to just make one more statement and i will end the rant lol. Risk is something some people are willing to take regardless of when and where they were born. To judge an entire generation is not a great thing to do when there are people born from 1982-2004 who will cure diseases, create amazing ideas and advancements to humanity. Property will be bought and sold and hopefully this generation will buy some property and reap the benefits of ownership over renting.

Thank you

I am interested in a meetup too. unfortunately my main business based out of nyc. if possible do you any meetings on the weekends? if not i understand. please let me know.

I been hearing lately of a major investment in the mall and a ferry that is going to serve the county from making trip from/to nyc. there is more news but i dont know if its appropriate for me to mention it here.

@Thomas Wurfel thank you for the advice. how trust worthy is craigslist?

i am in the midde of looking for student and summer rentals. i really appreciate the advice and i did review the bp episode 140. i learnt alot.

If i may bring up for anyone in the student rental business, does it make sense to reach out to the university student housing department?

thank you for all the advice. one thing i must bring up is the town is a summer rental town. The income you can make for renting the 3 months of summer well far exceeds the monthly student rental. in this scenario what would any one recommend?