Mastering Long Distance Real Estate Investing with Hadar Orkibi

With nearly 2 decades of full-time Real Estate experience, Hadar Orkibi specializes in long-distance, out of area and out of the country investing, and is an asset manager with MFIHolding Multifamily investment. Based in New Zealand, Hadar’s portfolio includes multi-family apartments, and commercial real estate in New Zealand and the United States, which allows him to exit the rat race with passive income and live a lifestyle by design with his family.

For this episode, we talk about Long-Distance Real Estate Investing

 

 

[00:01 – 08:17] Opening Segment

• I talk briefly about great values that await you in this episode
• I welcome our guest, Hadar Orkibi
• Hadar talks to us about his background
  • How he got into investing in the US and New Zealand
  • His portfolio over the years

 

[08:18 – 16:48] Long-Distance Real Estate Investing

• How Hadar became successful in long-distance real estate investing
  • Have the right mindset in investing
  • Be prepared to commit
• Hadar talks about how to get yourself in the right mindset
• Setting up and preparing to invest in your chosen market

 

[16:49 – 22:46] Managing Properties and Property Managers from Across the Planet

• How Hadar manages and monitors his properties and property managers
  • Weekly monitoring
  • Communicate regularly
  • Be present
  • Be involved in the processes

 

[22:47 – 38:04] Closing Segment 

• Quick break for our sponsors
• What is the best investment you’ve ever made other than your education?
  • Buying a 45-unit and getting it around $1MM worth of equity in 12 months

• What is the worst investment you ever made?
  • Selling assets in Israel and putting the money in stocks

• What is the most important lesson that you’ve learned in business and investing?
  • Have multiple incomes to support Cash Flow.
  • Cash Flow is King. Cash Flow is the lifeblood of any business
  • Get yourself educated
  • Avoid the shiny object syndrome

• Connect with Hadar. See the links below.

 

Tweetable Quotes:

“Getting yourself surrounded by like-minded people is very very important. Whether you are in Bigger Pockets, or in a specific Mastermind, or networking in your local area. That’s the foundation you need to stay current, and to stay focused on your goal.” – Hadar Orkibi 

“There’s no one thing you can do to be successful. It’s a combination of things that come together and create success.” – Hadar Orkibi

“Cash Flow is the lifeblood of any business. If the property’s not cash flowing, you’re not gonna weather the storm.” – Hadar Orkibi