Yoram Eliyahu: Investing in Distressed Properties

YoramEliyahu knows that “flipping” properties, or buying them and selling quickly for a profit, used to be very popular form of investment. Today the quick flip is not as easy to pull off, but there are still many opportunities to invest in distressed properties. The spoils go to those who are patient and make careful investments with the long term in mind.

Small-scale investors are finding the home market to be a great place to make a medium to long-term investment. Home prices are still quite low, but they are starting to slowly rise in many areas of the country. Now is a good time to invest in real estateas it is unlikely that home values will go lower. Now could be a great time to consider purchasing a home to use as rental property. You can begin by renting it out now at a price that will cover your expensive such as mortgage, taxes, and possible future repairs. In the long run, as home values and average rental rates increase, you can raise rent and begin to profit or sell the home for a profit.

Commercial real estate brokers are also keeping an eye on distressed properties. The key here is an instinct for what might be the next big thing. Bryant Park in New York City is a great example. Investors purchased buildings in this once rundown and unpopular area, and invested heavily in renovating the rundown buildings. Word spread that great spaces could be rented for less than that of their nearby counterparts, and the popularity of Bryant Park began to grow. Now, about nine years after renovations first began, Yoram Eliyahu and his contemporaries are pleased to see that the area is thriving.

The Value ofIntuition

While an area like Bryant Park may seem like a lucky hit, Yoram Eliyahu says that its transformation can happen anywhere. Looking at the market with an eye to what is nearby already-popular spots can help make your investment a success. Use your intuition to see what the need is in an area, and fill that need. Additionally, your investment can create a positive in the community, such as revitalizing a run-down area.

Yoram Eliyahu: Entrepreneur, Philanthropist

Yoram Eliyahu has come a long wayfrom the tiny town of Kirat-Shmona, Israel, where he was raised. But, despite his success in the United States, he has never lost the connection with his humble roots. One of the things he finds so rewarding about his career as a real estate developer is that it allows him to contribute to charitable causes in the United States and in his hometown.

After earning a sub engineering degree, he completing his three years of obligatory service in the Israeli army. Yoram then immigrated to the United States. He took several entry-level jobs, looking for something that sparked his interests and would allow him to move up the ladder. He began working at a real estate company, learned the ropes, and began working his way up.This lead him to become the successful commercial real estate developer he is today. Mr. Eliyahu credits his family upbringing and his faith for his success.These influences also compel him to give back to the communities who have made him who he is today.

When his hometown suffered devastating destruction during the Lebanon War of 2006, Yoram knew he had to help. Instead of simply donating finances to help the town rebuild, he wanted to find a way to help restore a sense of security and pride to the local people. So, in addition to giving funds to rebuild the local synagogue, Mr. Eliyahu commissioned a new Torah to replace the one that was destroyed. Sacred Torah scrolls are not mass-produced items; each one must be painstakingly written by hand on special parchment paper. Yoram Eliyahu found a particularly esteemed writer to do the work, resulting in a new SeferTorah the people could be proud of.

Philanthropy at Home

Closer to his present home, Yoram Eliyahu and his family are involved in several charitable organizations. They assist their local Chabad center in Kings Point and also the Flushing Chabad center. Both Chabad chapters deliver holiday meals to those in need, provide education to local children, and encourage spiritual development. Because he has found great personal meaning in his spiritual practices, Yoram enjoys the opportunity to help other people discover a connection with something greater than themselves.

Yoram Eliyahu: More AboutChabad

YoramEliyahu first became familiar with Chabad when he was serving his three-year term with the Israeli military. Far from home, Yoram and his fellow soldiers were cheered and comforted by local Chabad members.They dedicated time to provide special holiday food, songs, and entertainment to troops in their area. Yoram grew up in a traditional Jewish home and was impressed with the work Chabad did to aid and encourage soldiers and others to maintain and even begin traditional Jewish practices. Having special holiday celebrations, even when he was not able to be home with his family meant a great deal to Yoram.

When Yoram made the decision to move to the United States, he remembered all that Chabad had done for him when he was a solider.He decided to visit a local center near his new hometown. The Chabad center in Crown Heights, Brooklyn, NY happened to be hosting a wine blessing ceremony performedby Rabbi LubavitchMenachem Mendel Schneerson. After personally meeting Rabbi Schneerson, Yoram was so impressed by the leader’s kindness that he decided to get more involved with the organization. Currently,Yoram is involved with many charitable activities through both his local Chabad and a nearby Chabad in a high-needs area.

The name “Chabad” is an acronym for the Hebrew words “Wisdom, Understanding, and Knowledge” and these concepts are at the heart of their teachings and good works. Chabad is one of the largest Hasidic Jewish movements in the world. There are Chabad centers in more than 1,000 cities worldwide, serving communities in 75 countries. In addition to their work providing comfort and traditional activities to Jewish soldiers, Chabad is involved innumerous other charitable activities. They havesleep away camps for children and excellent schools such as the one the children of YoramEliyahuattend.They also help interested people learn more about Judaism.

Charitable Service

One charitable Chabad activity that Yoram Eliyahu and his entire family is involved with is providing food to needy families who would like to celebrate Jewish holidays.Some may not be able to afford all the traditional foods that make each holiday special. Members of local Chabad centers identify families in their community who need help, then assemble and deliver boxes of foods and items traditional ceremonial items. Yorambelieves it is very important for him to do more than just give a portion of the money he earns as a successful real estate entrepreneur. He wishes to teach his children to grow up to help their own local communities.

Yoram Eliyahu

Yoram Eliyahu understands the intricacies of real estate. Successful real estate developments or simple residential transactions depend on personal trust. The real estate business is very personal, and people share similar outlooks with sympathetic agents.

A political activist, Yoram has been very active in Jewish causes. Although known for major developments that include a beachfront hotel in Miami, Yoram supports Israeli causes. Yoram also believes strongly in education, both traditional and classic Hebrew.

The activist works tirelessly in his native Great Neck, New York, and surrounding communities. The North Shore Hebrew Academy has served as a central educational institution about Jewish history. The Academy opened in 1954 and started a high school division for local youth in 2001.

The school opened to educate young Jews in Hebrew and other aspects of Jewish life. The high school proved so successful that the directors commissioned building a new wing. Yoram strongly favors Jewish education, so he donated a Sefer Torah when the new wing opened.

The gift serves as one of the 12 scrolls that the Academy still uses. Yoram's children attend the Academy, and the real estate activist continues to support it. Yoram Eliyahu has supported many charitable organizations throughout his adult life. Giving back to the Jewish community helps keep important traditions alive in a technological age.

The Jewish Outreach Organization Chabad

Chabad operates worldwide to provide activities for Jews through community centers, schools, synagogues, and camps. The organization has ties with over 3,600 institutions in 1,000 different cities and 70 countries. Yoram first encountered the organization while serving a three-year term in the Israeli army. The organization provided special food and drink during holidays to boost soldiers' morale.

While visiting Brooklyn, Yoram encountered Chabad again in Crown Heights. Lucky to attend a wine-blessing ceremony, Yoram found inspiration. Rabbi Lubavitch Menachem Mendel Schneerson presided over the moving ceremony, and Yoram met him. Rabbi Schneerson's kindness impressed Yoram deeply, and he returns for every wine-blessing ceremony.

Charity begins at home, but the community plays an important role, especially in Jewish culture. Yoram actively encourages and supports the educational and outreach programs of Chabad. The Kings Point Chabad serves Yoram and his family, and they volunteer at Chabad of Flushing. The Flushing chapter sponsors a food charity that Yoram actively supports. Yoram's family participates by delivering food to needy families in New York.

Biography of an Israeli Activist

Born in Kirat-Shmona, a small town in northern Israel, Yoram grew up in a hard-working family. One of five children, Yoram learned family values and the importance of honest labor. Family life followed Israeli traditions, and the family patriarch worked in construction.

At age 14, Yoram attended Bezek High School where he studied electronics and telecommunications. After graduation, Yoram studied for an additional two years to gain a subengineering degree. Education completed, the Israeli student joined the Army for his required three-year service.

Once the service to Israel had been completed, Yoram immigrated to America. Yoram Eliyahu has worked in many trades, and his broad education works well in real estate. Native of a small Israeli village in the mountains, Yoram supports Jewish activism in many forms.

Yoram believes that philanthropy and charity should provide essential education to preserve Jewish culture. Events in Yoram's life have influenced his attitudes toward helping the community. Some important projects that Yoram supports include the following:

· Project to feed the hungry.
· Helping rebuild hometown synagogue.

Help to Rebuild Damaged Synagogue

A small synagogue in Yoram's hometown, Kirat-Shmona, received major damage during Israel's war with Lebanon. Yoram felt obliged to help rebuild the facility and help boost congregational morale. Yoram decided to donate a new Torah as a special gesture. Torahs have special significance in Jewish culture and religious practice.

Yoram researched the matter carefully to ensure the Torah met religious conditions. A special writer called a sofer must handwrite the Torah on select parchment paper. Yoram took responsibility to find a qualified writer to handle this labor of love. The synagogue still uses the Torah that Yoram donated.

Real Estate Developer Yoram Eliyahu Aids the Hungry

Yoram Eliyahu supports Chabad's Food-In-Need Project that helps feed over 300 families. The organization helps Jewish families during holidays by furnishing meals. Deliveries consist of chicken, meat, fruit, vegetables and bread to feed families throughout New York.

The Flushing chapter of Chabad sponsors the program, and Yoram contributes financially and personally. The whole family participates in delivering food door to door during the holidays. This kind of personal commitment helps children learn how giving back helps people cope with adversity.

Real Estate and Personal Trust

Real estate agents and developers often stress the importance of location for successful investing in property. Working in Jewish communities, Yoram concentrates on projects in Israel, New York, and Florida. The projects not only meet favorable-location criteria but also promote the preservation of Jewish culture.

Real estate investment invariably has ups and downs, but long-term appreciation almost always occurs. When investments uphold personal beliefs, people get tremendous satisfaction from investing in these worthy projects. Real estate offers solid ways to build wealth, especially when investors trust their partners.

Working with established professional developers offers many advantages. Experienced real estate specialists understand market fluctuations and keep inexperienced investors from making costly mistakes. Emotions often cause people to lose money because they panic when the market becomes volatile. The real estate meltdown serves to illustrate the point. Panic selling of mortgages and investments aggravated the crisis, causing real estate values to plummet.

The foreclosures and resulting decreases in property values create great opportunities for investors. Low interest rates offer even more incentives for investing at this particular time. Investors who buy property to rent enjoy higher rental rates driven by demand for suitable rentals.

Personal trust in property developers adds special incentives for making commitments to real estate investing. Yoram has always demonstrated a passionate faithfulness to Jewish culture and community charity. The current investment climate offers astonishing benefits for choosing long-term real estate for balanced portfolios.

Real estate developer Yoram Eliyahu has vast experience in promoting property that benefits the Jewish community. Yoram Eliyahu's dedication to Jewish culture and education serve as inspirations for the younger generation. Yoram supports causes in Israel, New York, and Florida, and investments help economies in those areas. Yoram Eliyahu and family practice their faith with committed activism investors can trust.