How will you know that you have chosen to invest in the right channel? • Yair Levy, expert in business real estate, on agricultural land, liquid investments, and the herd phenomenon that will cost us dear • Chapter 05
Investment in the field of real estate has become over the years a common and profitable tool for income. The main challenge, as in everything, is making the right decisions that will finally lead us to the desired property, and avoiding pitfalls that could send our entire investment down the drain. In the fifth episode of ‘The Capitalist’ presented by Yair Levy, an expert in business real estate about all the hidden secrets of the Israeli real estate world, Levy returned to Genesis. to the beginning of the road. To ground us we strive to become a home, and the money we allocate for this roller coaster.
“You have to understand that real estate is not a liquid investment, you never know where you will meet the market,” he began. “We all hope to buy and sell the most, but when it comes to a liquid investment overnight it is different. Therefore, we come to examine how much money we want to invest and know if we will part with it in the short or long term. If I know that I have to use the next two months to the next year and a half, I don’t know if I would go for real estate. If you are an employee, I would recommend not to enter the field of commercial real estate, because there is a price you will need there, not necessarily financial. When you receive rent from a client, you will be charged VAT, so carefully consider your investment.”
“Don’t make decisions based on the commune”
And what about the mystery surrounding the phrase agricultural land? “Agricultural land, as it is called, is agricultural land,” Levy warned of the glittering investment, at least to the surface. “Even if they tell you that it is going to be thawed in the coming years, no one knows what the real timetable is. There is a system here that includes a tax, but also a dream, and you pay for this dream. The lower the chances of it being thawed, the less you pay. I am asking you friends , don’t rely on the stories and what your friends did. It’s all nonsense. Don’t make decisions based on the commune”. Business owners and planning to expand – don’t buy, rent. Renting allows you flexibility that is not available in buying. Another relatively rare investment is a store. If you can get a reasonably priced store downtown, I think it could work. We always need something under our noses. There is the possibility of small warehouses on the outskirts of cities, and there will always be craftsmen who will need them.