65 karma · joined January 12, 2013
I think you are mistaken about who started the current fighting. In short, among the backdrop of relative calm: 3 Israelis youths were murdered, Israel searched the West Bank, and arrested numerous Hamas individuals, among other suspects. An Arab boy was murdered, Israel arrested numerous Israeli suspects. Hamas begins firing rockets from Gaza. Then Israel began responding with air attacks in Gaza.
If done right, you should be earning over $15,000-$20,000 a year in rental net income. Spend that money as freely as you'd like, making sure you keep aside 3-6 months of mortgage payments in cash.
Learn how credit works, and feel comfortable buying a car with little money down at 1% interest, rather than reducing your asset value buy buying a car with all cash.
You should read more about this but that's my suggestion, best of luck.
You can earn the 12% a year by investing wisely in rental properties. That would be 12% in net income, which doesn't include any future appreciation (or decline in price). To achieve those numbers, you will most likely want to buy your rentals with a mortgage, so I hope you have a W-2 or other steady taxed income for the last 2 years, because thats what you'll need to qualify for most loans, but not all.
By leveraging your $500,000, you can buy $2,000,000 worth of assets in real estate. YMMV.
It would be interested if... You could "earn" credits by teaching someone your language, which could be redeemed to learn a language from someone else. It is a workable business model where you basically get teachers for "free" and a certain portion of the users pay into it to get credits.
If you rely on HackerNews for your feedback exclusively, that is why you will fail.