Ritter on Real Estate Investing From Another Country With Rafi Mizrahi
Aug 24, 2021
27:56
Rafi Mizrahi is an out of country real estate investor. He has been investing since 2010 and has developed the skillset to overcome investing out of country. He has extensive experience in raising money from out of state investors building and managing professional teams all over the country, Property Valuation, negotiating an acquisition. Rafi started as a single-family investor, and since 2010 he has been involved in more than 300 transactions as the acquisition partner and as a capital raiser. In 2017, he shifted the focus to multifamily and he syndicated 766 units worth more than $50 million dollars.
Key Points From The Episode:
- Rafi starting off as a java developer, getting laid off in 2007.
- How reading Rich Dad, Poor Dad changed his life.
- Shifting from investing in Israel to USA.
- The amazing knowledge transfer in America.
- Figuring out how to invest in American deals from Israel.
- Starting in single family, transitioning to multifamily.
- Problems that come with trying to scale in a single family niche.
- The importance of buying properties undervalued.
- Doing due diligence on individuals, in addition to the properties.
- How to build a team from another country.
- Finding good mentors.
- What to look for in a property manager.
Books Mentioned: Rich Dad, Poor Dad By Robert Kiyosaki
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Production by Outlier Audio