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Kanbab

65 karma · joined January 12, 2013

Founder of coordinato.com Real estate investor - cohenbenjamin.com
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Kanbab··on The Iron Dome missile defense system has achieved a nearly 90% success rate
Who runs Gaza? If not Hamas, then who?
Kanbab··on The Iron Dome missile defense system has achieved a nearly 90% success rate
I'm saying that the potential damage that 1 cheap Hamas rocket may cause is much higher than the cost of Iron Dome rockets.
Kanbab··on The Iron Dome missile defense system has achieved a nearly 90% success rate
Mine is bigger than yours! http://www.pbs.org/newshour/wp-content/blogs.dir/1/files/sli...
Kanbab··on The Iron Dome missile defense system has achieved a nearly 90% success rate
There is an ongoing cold & hot war between Hamas and Israel. Israel maintains checkpoints in the West Bank, and continues to build settlements, while leaving Gaza alone. Hamas undermines West Bank peace by murdering Fatah members, and not negotiating with Israel, claiming they want to ultimately fight all Jews in the world. Furthermore, Mahmoud Abbas in the West Bank joined Hamas in a unity government.

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.

Kanbab··on The Iron Dome missile defense system has achieved a nearly 90% success rate
If a rocket were to land in Tel Aviv and damage a building, it would probably cause more than $50,000 in damages. Damages to include are property damage, PTSD of the local population, schools closing, and offices closing.
Kanbab··on Ask HN: If you're 20 years old, how would you invest $100k?
If you have the credit I'd buy $500,000 worth of rental properties. Ideally I'd get 10 x $50,000 putting down $10,000 each. You'd need a bit extra for closing costs, so you can just buy 9.

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.

Kanbab··on Ask HN: $500k cash – what to do with it?
$500,000 isn't too much. You would be fortunate if you can turn the $500,000 into $5000/mo in income, thereby covering all of your current monthly expenses. Once you have all that free time, you'll probably want to start spending more money though.

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.

Kanbab··on Ask HN: What gets you out of bed in the morning? What motivates you?
I moved to Israel a few years ago because I am a Zionist. For me, I wake up everyday with the goal to improve Israeli society and the Israeli economy.
Kanbab··on Ask HN: Is there some service that lets me buy beta app testers?
Odesk could probably help you with that.
Kanbab··on Show HN: Turn sketches on paper into app prototypes
For starters it's not available on Android.
Kanbab··on Just bought my first warehouse. 50,000 Sq Ft.
Ask BiggerPockets.com, they would know more about best use of real estate than Hacker News.
Kanbab··on Ask HN: Would you do video calling to practice a language with a native speaker?
That's how I learned Hebrew. There was a service I used, I forget what it was, but it was definitely useful. Essentially I would just login at a scheduled time with my tutor and we would practice Hebrew, her native language. It was pretty expensive, and if I didn't have a scholarship to learn Hebrew at the time, I probably wouldn't have been able to afford it.

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.

Kanbab··on Ask HN: Which CRM for a solo-freelancer in 2014?
So far, I love Podio, flexible, free. CRM & Project Management.
Kanbab··on Ask HN: What has recently pissed you off that ideally a product could solve?
Notarizing and having to physically mail said notarization.
Kanbab··on HN: Quick tips for learning a foreign language quickly?
Go to Odesk and hire someone to talk to you for an hour a day.
Kanbab··on Ask HN: What's the best way to get 5% on a million dollars?
Contact a commercial real estate agent, invest in a NNN property in most major cities. Getting 5% unleveraged is extremely easy, if you leverage you should be making over 10% per year.
Kanbab··on Bitcoin $600
Buyers and sellers need to agree on a price, it is not always the case that they agree for the listed price, hence bid and ask prices are different. For example, when thousands of people want to sell at $1000, then there will be downward pressure on the bitcoin. When someone tries to sell out $1,000,000 worth of bitcoin, he will need to find a buyer that is willing to part with $1,000,000 USD. Good luck!
Kanbab··on Ask HN: How habits work? hacking habits advice
The Power of Habit, great book, just finished it. http://www.amazon.com/gp/product/1400069289?ie=UTF8&camp=213...
Kanbab··on Ask HN: what would you do with $750k that you just inherited?
$750,000 could net you $100,000 a year in income. Let's say $90,000 a year if you have an expensive property manager. You can start here: http://biggerpockets.com
Kanbab··on Ask HN: How much recurring income do you generate, and from what?
For me it is passive, I have a property manager. I did all of my research online, met my agent over the phone after Googling. Did not visit the property before purchasing. I did a lot of research however...
Kanbab··on Ask HN: How much recurring income do you generate, and from what?
Buy and hold. I had been patient and bought after the market crashed. I bought it in another state and put 25% down on a 4-plex. Rent pays my mortgage and I have money in my account every month. I would have tried to earn more money in order to purchase more.
Kanbab··on Ask HN: How much recurring income do you generate, and from what?
low 4 figures from real estate
Kanbab··on Ask HN: Share your projects and the stories behind them (Pt. 2)
How about craigslist?
Kanbab··on Pressy, the customizable Android button, raises $300k in 3 days.
They got some great press upon launch. TC, Gizmodo, Pcmag, Time, engadget, etc. When it rains, it pours. Way to go. Most of the money is likely to go towards manufacturing, I hope their business model let's them make a healthy profit as well. Does anyone think it would be a good business idea to join their API for $1,000?
Kanbab··on Exploiting Android With An almighty Button
Way to go Nimrod, $300k in 3 days.
Kanbab··on Next Generation messaging
$
Kanbab··on What other Websites do HN users browse besides HN?
My all time stats from timeStats (chrome extension): reddit.com mail.google.com google.com youtube.com facebook.com redfin.com docs.google.com biggerpockets.com ycombinator.com craigslist.org amazon.com other
Kanbab··on Ask HN: Do you have side projects you want to sell?
I'd be interested in buying "side projects".
Kanbab··on Ask HN: Marketing methods for startups
You ought to try out adwords. You can reach millions of people looking for a job. Test out dozens of catchy phrases. And see what keywords are driving a positive ROI. You might want to also do some display advertising to drive traffic; the clicks are cheaper, but the conversion rates can be lower.
Kanbab··on Ask HN: Why will my startup fail?
People have contributed lots of words. Ask a sorority president if you can give beta access to all of their members, send them all an email and see how 100 new girls use the app.

If you rely on HackerNews for your feedback exclusively, that is why you will fail.

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