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SHOW NOTES FOR EPISODE #025 WITH NIZAN MOSERY – DIVERSIFYING YOUR REAL ESTATE INVESTMENTS
In this episode, Nizan Mosery, an international investor with properties valued over $120 million, shares his story of of how he got started in real estate. He also outlines his strategy for diversifying his investment portfolio to add both security and significant profit.
What You Will Learn
- The value of diversifying your real estate investments
- Little know source of property leads
- How important it is to have your out-of-state team in place first, before you buy
- The critical value of a good mentor
- How a conservative approach to investing can yield big dollars
About Our Guest
Nizan Mosery
Nizan Mosery has been involved in real estate for the past 20 years and currently owns over $120 million in properties nationally and internationally. While living in New York, he owned a construction company and worked on numerous single family homes, multi-family and commercial projects of up to 300 units. In 2009, he relocated to Florida and became a licensed real estate professional, serving the South Florida market. He owns K.E.A.N Realty Solutions a Florida-based real estate brokerage firm and one of the first Commercial ReMax franchises in South Florida. Mr. Mosery and his team head up the multi-family division. He is the also owner and C.E.O. of K.E.A.N Management Solutions, a hands-on boutique professional management company. His background ranges from managing commercial assets, recognizing emerging markets, property management, syndication, mentoring and advanced creative financing techniques. He is also the founder of the South Florida Mastermind Society, one of South Florida’s first Commercial Real Estate Investment Groups. He studied business law and marketing at Pace University, which subsequently allowed him to secure a position at Lehmann Brothers. After leaving Lehmann Brothers, Nizan traveled the world for many years, spending time with foreign dignitaries and the Dalai Lama. He was a member of the Israel Defense Force.
More about Nizan
- His father instilled in him the importance of “owning a piece of land” and that there are two types of people: those who pay rent and those who collect the rent
- Worked in retail fashion
- Restaurant owner
- Came to the states from Israel to invest in real estate and have stayed over 7 years
He believes in diversification of his investment properties
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Geographically
- New York
- Texas
- Oklahoma
- North Carolina
- Florida
- Illinois
- Tennessee
- Costa Rica
- Israel
- Chile
- France
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Types of Real Estate
- Multifamily
- Hotels
- Marinas
- RV parks
His Light Bulb Moment
- When he was young saw his father buy a 12-story building in Manhattan
- Had clothing store on the bottom floor
- Left clothing store to manage the building and receive checks every month, leverage investments to buy other properties
- He knew real estate was the best way to go, even though he didn’t jump into it until later in life
Biggest Mistake
- Taking what people say at face value
- Not having a local team in place before purchasing your out-of-state property
- Consult with your team on the ground before purchasing anything in “their” market
- Making decisions without checking with your mentor first
Biggest Success
- Asked his hard money lender if he knew anyone defaulting on a loan and he called back with property in Leesburg, Florida that was selling at 20% CAP rate
- Had rental subsidy from Agricultural and on the date the property closed they found out that the property was going to lose the subsidy
- Mentor referred another potential buyer
- He flipped property and made over $80,000 and people living there didn’t lose their homes
Advice for People Starting Out
- Educate yourself via books or free on Internet (YouTube, podcasts, etc.), cable TV
- Start off conservatively – buy a small property – do not spend all your money on the first deal
- Find a good mentor
- Get educated on various markets
- Go to Home Depot and find out the cost of things and record for future
- Don’t fall into “analysis paralysis”
Current Business Plans
- Created real estate fund that will acquire value added properties: mid-tier hotels, marinas, RV parks, development projects
- Will raise $10-20 million for first stage
- Wants to grow to $200 million
- Has joined Family Office Association to partner with wealthy families on large projects
Rap-It-Up
- Favorite real estate book: Emerging Real Estate Markets by David Lindahl and Commercial Real Estate Investmenting 101 by David Lindahl
- Favorite business book: Blue Ocean Strategy by W. Chan Kim
- Most valuable web site for success: WhatsApp.com
- Favorite apps: WhatsApp
- If you had to start all over, knowing what you know, and you only had $1,000, what would you do to try to rebuild your retirement funds? Use the $1,000 to buy mailing list of buyers and sellers. Look to flip a few properties to get quick cash and use that cash to buy other real estate investments.
How Can People Reach Nizan
- Website: InvestWithCIP.com
- Email: nizan@investwithcip.com
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