In this episode of The Same Day Podcast, host Yoni Schmidt sits down with Matan Haas, CEO of NHaas Properties, to discuss revitalizing historic neighborhoods and unlocking real estate value. They explore how creative problem-solving opens investment opportunities, why urban renewal is critical for Haifa’s growth, and how leadership lessons from the IDF apply to business. Matan also shares his advice for transitioning from military to civilian life with purpose.
Revitalizing Historic Neighborhoods and Unlocking Real Estate Value With Matan Haas
Matan Haas is the CEO of NHaas Properties, an Israel-based real estate firm that identifies, renovates, and manages historic commercial and residential buildings to create valuable investment opportunities. He has served as CEO since 2016, overseeing urban renewal projects, option-based deals, and comprehensive property enhancements in neighborhoods like the Lower City and Hadar. Matan brings a strategic and disciplined leadership style shaped by his past service as a deputy commander in the elite naval unit Shayetet 13.
Here’s a glimpse of what you’ll learn:
- [2:52] Matan Haas talks about how his IDF special forces experience shaped his leadership in business
- [6:58] How Matan managed a family building in Haifa and discovered a path into real estate
- [10:28] Creative solutions for complex property challenges and hidden value opportunities
- [12:44] Revitalizing Haifa’s historic neighborhoods through urban renewal projects
- [18:44] Using option agreements to acquire entire buildings and attract investors
- [29:16] Matan’s transition from military service to civilian life and finding a new purpose
In this episode…
In cities with deep history, many properties are neglected or overlooked, even though they hold hidden value waiting to be unlocked. So how do you turn aging structures into thriving, profitable assets that benefit both investors and neighborhoods?
According to Matan Haas, a seasoned real estate entrepreneur with roots in Haifa, Israel, the key lies in identifying historic buildings owned by a single landlord and transforming them through urban renewal. He highlights the importance of combining architectural preservation with modern upgrades like bomb shelters and elevators, creating both cultural and financial value. This strategy not only attracts investors but also revives communities, making neglected neighborhoods desirable again. Matan explains how option agreements reduce risk while providing time to assemble the right investor group, ensuring long-term success.
Resources mentioned in this episode:
- Yonatan Schmidt on LinkedIn
- Mat Zalk on LinkedIn
- Keyrenter Property Management
- Keyrenter Property Management in Tulsa | Oklahoma City | Arkansas
- Keyrenter Property Management email address: [email protected]
- Matan Haas’ email address: [email protected]
- NHaas Properties
- “How Property Managers Should Handle ICE Requests and Protect Tenant Privacy With Monica Gilroy” on The Same Day Podcast
- “Building Long-Term Wealth Through Turnkey Real Estate Investing With Lindsay Davis” on The Same Day Podcast
- “The Secrets Ultra-Wealthy Investors Use To Build Legacy Wealth With Mark Miller” on The Same Day Podcast
Quotable Moments
- “The most thing that was most challenging and also satisfying for me was to lead people.”
- “If I’m doing this real estate thing, I’m going to do my best.”
- “You have to know that you can solve it before you buy the property.”
- “For me, if you combine history and real estate and people, that’s what great passion for me.”
- “Don’t wait for the right opportunity or whatever. You have to create movement.”
Action Steps
- Learn to solve complex property problems before buying: Ensuring you can resolve title, access, or tenant issues prevents costly mistakes.
- Leverage option agreements to minimize risk: This strategy gives you breathing room to attract investors and validate the deal before committing significant capital.
- Focus on revitalizing historic neighborhoods: Preserving heritage while modernizing creates long-term value for both investors and communities.
- Build strong local relationships in real estate markets: Navigating bureaucracy and unlocking hidden opportunities often depends on personal connections and trust.
- Create movement after major life transitions: Taking action, even in small steps, helps maintain purpose and momentum in business and personal growth.
Sponsor for this episode…
Keyrenter Property Management:
This episode is brought to you by Keyrenter Property Management.
Keyrenter Property Management is a full-service property management company that helps clients buy, renovate, and operate real estate assets.
The team helps clients build wealth while taking the headache out of property management.
That’s why, no matter what rental you have — single-family homes, condos, townhomes, or apartments — they can give you the management solutions you need.
To learn more about their services, go to https://keyrenterpmc.com/ or send them an email at [email protected].
Episode Transcript
Intro 00:04
Welcome to The Same Day Podcast, where we discuss driving incremental business growth and other topics related to real estate, property management and entrepreneurship. Now to the show at hand.
Yonatan Schmidt 00:20
Hi there. Yoni Schmidt here, hosting today’s episode of The Same Day Podcast, where I connect with top business and real estate leaders. Past guests include Monica Gilroy, an attorney specializing in fair housing laws. Lindsay Davis, the CEO of Spartan Invest, and Mark Miller, CEO of Hilton Tax and Wealth Advisors. Today’s episode is brought to you by Keyrenter Property Management.
At Keyrenter Property Management, we are a full service property management company helping our clients buy, renovate and operate real estate assets. We help our clients build wealth while taking the headache out of property management. That is why no matter what asset you have, we have the management solutions for you. Go to keyrenterpmc.com or email us at [email protected] for more information. Today I am super excited to welcome Matan Haas, the CEO of NHaas Properties, a boutique real estate firm based in Haifa, Israel, that specializes in asset enhancement, property management and urban renewal.
With deep roots in the city and decades of experience, Matan’s company is known for breathing new life into historic buildings in Haifa’s lower city and Hadar neighborhood, unlocking hidden value both for both residents and investors. But long before he was a real estate entrepreneur, Matan served as deputy commander in Shayetet 13, one of the Israeli Defense Forces most elite special operations units. His time in active IDF operations equipped him with strategic discipline, resilience under pressure, and leadership skills that now define his business approach, whether he’s structuring complex options deals or piloting a catamaran towards Cuban waters. Maybe we’ll get into that story. Matan blends creative problem solving with precision execution.
He’s a lifelong adventurer, an unforgettable character, and someone whose stories demand to be heard. Welcome to the show, Matan, and thank you for being here.
Matan Haas 02:20
I thank you for having me. Very excited to tell my story to you and your audience. And let’s do it.
Yonatan Schmidt 02:31
Yeah. So let’s just jump right in, you know, talk a little bit about from the to, you know, your the your professional I guess role here. You let elite teams in one of the most, you know, secretive and high stakes military environments in the world. How how have those experiences shaped how you lead your business today.
Matan Haas 02:52
Okay. So I’m going to go back even more to say that the the service in the Army was very challenging, and I can say that the most thing that was most challenging and also satisfying for me was to lead people. And actually I went I began in the beginning, after the Army, I went to the education field. I was working with youth, with young people. I was even a teacher.
And also which something that I didn’t plan is that as long as I’m like, while I was a student, I was studying psychology in history and my my family, we are we have many generations that are working in real estate that that I can say, even like my grand grandmother, grandfather, he started that he was Israeli born and raised in Jerusalem, and he was a very good trader. And he also bought a few buildings in Tel Aviv and Haifa and Jerusalem and actually one of those buildings went down the generations. And to my mom, especially to my mom. So when I was a student, they said, you know, we have this building in Haifa while you’re doing your thing, maybe you just run that also. So I got this building.
It’s a three story building with offices, shops and also small apartments. And it’s based in a lower city of Haifa, which is a very interesting area because they in the beginning of the 2000, they opened up a few academies over there for, for like design or like the University of Haifa opened up a branch there. So many students came there and they became they changed those mostly offices into apartments. So anyway, I got this building to run and as I was doing things my best in the Army and in education. I said, okay, if I’m doing this real estate thing, I’m going to do my best.
So I started like researching, talking with people. My sister, she’s an architect, so she was also with me on that. She she run it before me and then after it took about like five years of, like, knowing how to deal with the apartments, offices, with all the, the bills, running, running it financially and also maintaining all these apartments and real estate properties. And after a few years, I said, you know what? I’m already good at this, you know.
And then my sister and I said, if we already learned how to run a building in a very hectic city with a lot of income. And we also started a company. We we opened a company and we transferred the real estate from a private owned real estate to a company, actually two companies. One of them was and that is from a lot of knowledge that I got from very smart people that I was interviewing while I was a beginner. And I understood that we’re also American citizens and we have a very complex tax infrastructure.
So the best thing for us was to open up companies that are lt’d companies that that we can transfer the, the, all these apartments to one of the companies because that’s also that’s only this one is only doing apartments and the other one is doing all these, all the shops and offices which are taxed differently. So I did all that. And then I said to my sister, you know what, maybe we start doing entrepreneurship things, you know, buying apartments, rebuilding them. You’re an architect. I have my experience.
Let’s do that. So I was doing also education at that point. And then after a few years, I realized that if I want to actually, like, make money and be and live better and have a family and, you know, in education in Israel, it’s not the way to do it. It’s not enough.
Yonatan Schmidt 07:36
So it’s a noble cause.
Matan Haas 07:37
But it’s hard to survive. Yeah.
Right, right. So I said, okay, maybe I’ll I’ll do that full time, but if I. And indeed and the past years before I did it full time, we did like 5 or 6 projects Risks of buying an apartment. My sister was planning the renovation. I was running it like from all aspects, including getting all the professionals to work there and doing all the all the the Excel tab, tabs and all that with a lot of help.
But I studied it very deeply and after a few projects, we realized that we are good at something we know how to solve problems they have. In Haifa, you can find a lot of apartments that have many kinds of problems, like they have tenants that you cannot evacuate. That’s one problem. Or either you have something that is not listed correctly on a rightful owner, or the building is listed, but not the specific apartment. It’s not divided into apartments.
So these are problems that you if you know how to solve it, you can make money out of it because you can buy cheap, solve it and then sell. I guess a lot of people in real estate do that in many ways.
Yonatan Schmidt 09:08
Yeah, it’s similar in the US. It’s, you know, there are clouded titles basically, which, you know, would say someone owns a piece of land or a house and there’s some issue with the title and then, you know, an investor would come in and solve that problem with attorneys, pay the fees and, you know, take on the headache basically.
Matan Haas 09:30
Yeah. So the thing is, I think what’s different in Israel compared to the United States is that we are a lot more primitive. And here sometimes you actually need to go and speak to someone in the city hall, or you have to have a friend or a relative or somebody who knows somebody. Yeah. In other countries you have that too. But here, if you don’t know how to play the game.
Then yeah. Solve these problems. I mean, if. You know, bureaucracy. Yeah, if you want, if you try to like, play by the rules and just send an email, you can wait for three years. Let’s see. Right. Yeah.
So so sometimes you just have like and also in that in in one of the cases I just went knocked on the door. There was an apartment that you have, you had to go through a hallway of another apartment to get to that one. Something very weird.
Yonatan Schmidt 10:24
The split ones. Basically. Yeah.
Like you see in. New York, big cities.
Matan Haas 10:28
Yeah, it was split. And then because it was one family, I guess they didn’t care that you have to go through another apartment to get to yours.
So nobody wanted to buy that apartment. So I knew I can buy it cheap. But before you buy, you have to know that you can solve the problem. Sometimes people, people believe they can solve it, but then they buy the property and they get stuck with it. So before, that’s not something I learned that you have to have to know that you can solve it before.
I was talking to the neighbor before and got an even signed an agreement saying, okay, we’re gonna divide this hallway. I get this part, you get this part, then I can get direct access. Okay. Then I bought it the apartment with this signed agreement, and we didn’t even renovate it. We just sold it with this agreement.
And my sister made a plan for how to renovate it, and we sold it with, like, 40% more. And three months That thing, like, really made me believe that if I really, like, you know, I live the neighborhood, and I know what’s going on there, and I find these deals that I can use my experience, my sister, my lawyer or whatever. I know how to do fix problems and then make profit out of it. That was an important phase.
Yonatan Schmidt 12:06
Yeah. But you know, I from from looking at your website and talking to you and learning about the, the business, your firm doesn’t just focus on that. You also focus on, you know, historic neighborhoods in Haifa turning potential into value. Right? Just like you mentioned here and what you saw and what you did, tell me, I guess, like, what was what drew you to those areas and how do you balance, you know, modernizing with preserving like the, the, I guess, like maybe the architectural history or, or the balance in the status quo with, you know, neighbors in the building.
Matan Haas 12:44
Right, right. That’s a good question, because in Israel we have a very big problem of, of like renovating our cities. I think I guess you can say that it’s not even. It’s now like the buildings are getting built now. Third of them are renovation of old buildings, and that is a lot compared to even like, like 10 or 20 years ago, which mostly were only new buildings.
So and it’s getting more and more buildings that are renovated, but it’s still a fraction like even not, not even like half of the new buildings that are getting built are renovating. So it’s something that we have to learn how to do better. But I find a lot of passion in going to these areas that were built. You know, I love history. I studied history, I was also teaching history.
So for me, if you combine history and real estate and people, That’s what great passion for me. So when I see those very old buildings that I buy, some of them were built in the 1930s. Even like most of them. So my passion is how to I see this very like almost broken building that could even, like they say, buildings that is from that period could last like 90 or 100 years. So if you calculate we’re there, the buildings are are the end of their lives.
So they need somebody to really take them and make and like renovate them, make them stronger or and I where the buildings I get I try to buy the building you cannot demolish because they’re in areas that has significant significance as an historic area or building.
Some more, some less like some some of them. You only have to preserve Reserve. One like one front exterior facade, right? Yeah, some of them more. But then the challenge is to find a building like that that is owned by one person, because that’s because then you can buy the whole property.
If you only buy two, three apartments, even a floor, you don’t own the land. So then you don’t have power to change. Like the whole building. You still have to to, to get along with the other landlords. And my system is that I find a building that was built at that time and was not divided into other landlords, only one landlord, even if they sold it to somebody, to someone, it was one person, but the whole building and then I, I, I take the option on the entire building, which includes the land.
And then I get power to change. So then I bring with me a group of investors. Each one of them takes a piece of the building like an apartment, a shop, a restaurant, whatever. Which I priced that before. And then together we take the building.
And I also sign them that I’m gonna be the, like, the delegate of the building to to cooperate with the city and with build like a construction companies to make a deal for all of us because I own the all all the new part of the building. Like if they if we build new apartments, I get them and then I and I renovate the old ones for my investors, I add like a bomb shelters and elevators and all that, things that are. It’s a known thing that people do in Israel. But what is new with what I do is that I locate these buildings that are owned by one person, I and I get an option for the whole building, and I create the group of investors myself, and then we have more control of what’s going to happen there.
Yonatan Schmidt 17:10
Because, you know, and I’ve gone through like the a similar program where, you know, I have one apartment in a building in Israel and in downtown Jerusalem. And, you know, we’re going through what’s known as Tama 38, right, which is a rejuvenation project of an existing building, strengthening the foundation, adding bomb shelters and elevators, and then the the contractor, the general contractor, in this case, it’s a very well known one that’s called Barazani, Right. They they get to add two more stories or three more stories, and they get to basically either sell those apartments off or keep some of them or, you know, do with it what they wish. But it’s a struggle, right?
Because you’re some neighbors might want it, some neighbors might not. Some owners may be more resistant. And, you know, push back on the project versus those who, you know, see the value in what you’re doing because you’re taking an older building and you’re enhancing it and you’re enhancing the value. And people may not really, you know, see the value there. So that’s kind of like the that’s the like unique real estate, I guess, like model that you’ve pioneered, which is like the option you go for the option to purchase it. And then once you have gotten the building under contract, you go out and you find investors. Or is it even before that?
Matan Haas 18:44
Yeah. So what I do like from the beginning, I just locate the building with my people that know what I’m looking for. And if they find a building with a potential that I look for, then they tell me. And I get in the with with the owner. I start with the bargaining and and like, making the negotiations.
Yeah. And then what I do is I check the building with my professionals to see that it would be fit for what I plan, which means like just for example, that it was built according to the to the plan, that there are a lot of like parts of it that are not according to the plan because then you cannot sell them and you cannot make money out of them. It’s like sometimes I know how to solve that problem also, but you have to see that the building fit, you know, basically what you need. Then after I make the deal, like the option is not a tool that I invented. What is interesting is that they invented this tool in Israel.
They have this tool in a lot of countries, but an option for a real estate property is used. If they wanted to make to entrepreneurs to give them the option to, to, to, to do the deal without knowing in advance if they can finish it. Let me try. Okay. I put 5%.
That’s the most you can put and it’s not considered a purchase yet. You don’t pay taxes yet. You just pay 5% to the end to the owner, and then you get up to two years to check the deal and to to to pay the rest of, of what you decided about. Like if, if you said, for example, 7 million shekels, Cause I get 350,000. And if I want to finish the deal, I have to give all the rest.
And I have two years to do that. Within those two years, I can bring the to to bring investors to take parts of the option. This is simply the system. So first I make the deal, which is a little like it’s a risk but not a big one because it’s only 5% that I risk, which are non-refundable.
And then I bring the investors. And I it’s like a race against the clock. But the clock has a lot of time to tick because I made a deal for two years. So for example, I had the first one we did, we have 11 apartments and I wanted to sell nine of them and keep two for me, for the company with all the rights to build the building rights. And then I sold nine of them in one year. So I have one more year to go, which I don’t need. But yeah, for all the, the, the parties, it’s better to finish before. Right?.
Yonatan Schmidt 21:54
That’s very interesting. I guess for listeners that, you know, interested in working with you investors, you know, are you currently taking outside capital? How do you source this capital? Can foreign investors such as, you know, our clients in Oklahoma and Arkansas and, you know, Wichita and Missouri, Saint Louis, you know, can they participate in your projects? And if so, what are the check sizes that you’re looking for from prospective investors?
Matan Haas 22:25
So of course I am open for more capital and for more investors. There are actually a few ways to get involved. The the more like safe and the easy way is just to buy one of the apartments or or shops, which in the current deal that we are doing, there is still one apartment for sale. From there are three that were signed a few days ago and there’s one left, and there is also two shops and a few like in the basement. We have a place for storage, a big one.
So that’s that’s what we have currently. But we are going to have more soon. We’re working on on the next deal already. So the first and easy way is actually to buy one of these properties. The more like bigger way to get involved is like if you want to if when I get the option, sometimes I can also get investors to put money on the option itself, which means that this is a non-refundable part of the of the deal.
But of course you also get a part of the building rights. Yeah, that’s where the money is. I think. Coming in on the ground floor, so to speak. Yeah, yeah. And what I’m not getting into those deals just to buy a property and to sell the parts. I get into this because I want to buy to build new apartments. So the big money is in the, in the construction that is going to come like three, four years after we take the building, because then you have to make the plans and whatever. So it takes a few years, but that’s where the money is. So sometimes I also get investors to put money on that part. The option more risk, more money. More risk, more reward.
Yonatan Schmidt 24:22
Yeah, 100%. Let’s talk a little bit about like lessons from failures. Have you had any, you know, deals that went sideways that didn’t turn out how you had hoped? And you know, what exactly did you learn from those?
Matan Haas 24:38
So there for Therefore I say already or always that for one deal that you really sign and go for it. There are like ten that you almost do. I was lucky enough not to have a big failure until now, only like apartments that we bought and didn’t make as much as I thought they would. Like we made only maybe 8 or 9% a year, which is you can make that if you put it like on S&P, you don’t do all this headache just for that. And I’m talking about apartments, not buildings. Right. You’re building in the buildings.
You are a lot more cautious. Right. I don’t get don’t buy a building if I don’t know that I have the bank behind me. Even if, let’s say, even if I don’t sell even one apartment in the deal, I still have the bank to back me up. Which means I’m gonna take more a big loan, and then I’m going to have to pay the interest and my profit would be lower.
But I still can make it. And I have two years. So luckily the big deals that we’re doing with the building deals, because we have a lot of time to make them then no failures yet.
On on small apartments you make some deals that are not so good like I currently we hold three like there is the building in in the lower city that we have and we’re not gonna sell it, but we’re also doing small apartments just, you know, more more properties for the company. So we currently hold three small apartments in the Hadar neighborhood, which are very nice. We renovated them very beautifully, but I guess it’s going to take a few because now the market is a little low. It’s gonna probably take more time than I thought to sell them, which is okay. I mean, we don’t lose money, but we just keep them for like two, three more years than what we thought we’d be, which is.
Yonatan Schmidt 26:48
And that that’s an area that’s being gentrified and it’s experiencing sort of like a Renaissance transition.
Matan Haas 26:55
Havana is a place that where it was the main business center of Haifa for the 60s. A lot of like cinemas, shops, restaurants. All the people at Haifa went there to go out on the 60s, even 70s. And then it became a really big slums. The slums neighborhood was abandoned.
A few, a lot of buildings were abandoned. They became they made new business centers in other parts of the city. So most people went to the big malls or to big office buildings and not there. But now it’s like you said, it’s going through a renaissance, I think it’s already very in a very. The process is on the way.
Yeah. Take a few more years to really see the construction happening there. So I feel like it’s a very good time to buy apartments or buildings around there, because it’s now still not very expensive, like in a price of 1 or 2 apartments in Tel Aviv. You can buy a building over there.
Like 7 million is a price of maybe two apartments in Tel Aviv. But a building of 11 apartments in Haifa?
Yonatan Schmidt 28:19
And when you say 7 million, you’re talking 7 million shekels, which is what, like, I guess $2 million to something like something like that. Yeah. Yeah. These prices are crazy. Yeah.
Let’s talk a little bit about, you know, life after the uniform, which I know you’re still very much in uniform here and there from time to time. You know, as many people are in, you know, reserve duty, and we’re thankful for, you know, their sacrifice. But many IDF combat soldiers, you know, people who are truly heroes like you, struggle with the transition into civilian life. Can you tell us a little bit about, you know, what your journey was like, you know, and what advice would you give to others coming out of the IDF into their civilian life today?
Matan Haas 29:16
Yeah, I think it’s a very important question because I saw it also, even for me personally, but also a lot of my friends, even you can think that people that are coming out of a special forces unit probably have a lot of skills, and it’s probably going to be easy to find a job and to go into the civilian life, but I think it’s actually the opposite. Sometimes the feeling and I see that on a lot of my friends, when you’re in the Army and Special Forces. The sense of satisfaction and of importance of what you’re doing is very big and very you feel very important, you can say, and you feel appreciated. And sometimes when you go out to life, it’s really hard to find that feeling in work. And like civilian life.
So I think that some people that it took for them a lot of time to even be many years, like five, ten years to really find themselves and like to invent themselves as something else, which is not a special forces combat fighter. And I think the most important advice I can give is to try to just, like, find something to do. Even if it’s not your dream in the beginning. Like work. Go out.
Do something. Don’t wait to find the perfect job and to be very satisfied in the beginning you know it’s going to be hard. You’re going to start from the beginning. Even if you’re doing something that you don’t feel okay. I’m like working in a restaurant or I’m working in whatever.
You have to do something. You have to create a movement in your life. And I felt like I have like I did a very long journey of one year across the ocean. It’s also a story we can have a totally different podcast about that.
Yonatan Schmidt 31:22
Maybe books can be written about this journeying that, you know, you somehow tried to get to Cuba. But I remember those days I was ancillary to the story because of the person that you are going to go meet there. So. Right. Yeah.
Matan Haas 31:37
So I was doing a really crazy sail around the world from United States to Australia, which is a big story in one of my the most life changing events that I’ve gone through. But I think that the, the thing about the point is that after that I said, okay, I must start like working with I, I felt like I’m good with people. So I went working with youth and then I signed up for the, for, for, for a university. And I, I think that what saved me or helped me to go through that process is I really fast. I was doing things that are really fulfilling for me and gave me and put me very busy.
So I was. And then after a while, after a few years, you you like, you feel like, okay, I was a soldier, a combat fighter, and I’m still is actually, like you said, I’m going on reserve duty even now. Many, many days a year. But still, that’s not the main thing I do. I’m. I’m a real estate guy, or I was in education.
So if if somebody can say I’m a carpenter, I’m a lawyer. What are you. If you’re something new, you invent yourself from scratch and you’re not like a ex soldier, then I know that you’re on the right path.
Yonatan Schmidt 33:06
And. Yeah. So just your advice is find purpose in whatever it is that you’re doing, basically. And and do something.
Matan Haas 33:12
Yeah. And don’t wait. No wait. Don’t. Wait. And like, wait for the right opportunity or whatever. You you have to create movement. Yeah.
Yonatan Schmidt 33:24
Yeah. That’s a great that’s a great piece of advice I guess for, you know, investors us, Israel based, you know, or anyone you know who’s looking at Israel and specifically maybe in Haifa and Israeli real estate, right. Which is a big hot topic nowadays. You know, what? What do you think is the number one thing that they should know before they jump in?
Matan Haas 33:53
So as I said, the market in Israel is more complex and is not. The rules are not written very directly. You have to have your your people. You have to know the area that you’re working and and don’t like here on, on, on a deal and then just go and sign it. If you don’t really go there or talk to to people that you like, you trust that know this market and Israeli have hundreds of small markets.
Even if in Hadar neighborhood, there are a few streets that I know I would never buy a building there, and on the other corner I would.
I guess it’s right. It’s it’s the same in in a lot of places in, in even in, in the States. But I guess in Israel even more you have to know locals have to know the deals. You have to know the laws. Because if you want to make sure that, let’s say this building would go through this renovation process, you have to to understand if this area is is the city is really intended to make renovation process in this area because maybe it’s going to happen only in 20 years, I don’t know.
So that’s. What I 20 years is.
Yonatan Schmidt 35:18
Too long to risk your capital.
Matan Haas 35:20
Right. Yeah, yeah.
Yonatan Schmidt 35:22
Matan, thank you so much for enlightening us, educating me and our listeners about, you know, the world of real estate in Israel and specifically in Haifa. What you’ve what you’re doing. And for those who are interested in reaching Matan, we will make sure his email and the website to his businesses in the comments below so that you can easily contact him. And we thank you so much for being here.
Matan Haas 35:53
Thank you very much for hosting me. And feel free everybody, just if you if you are interested in the market in Israel or in Haifa and you just want to have a quick question or get a meeting or get on a zoom with me, then you’re more than welcome to write my email me and I’ll be happy to talk to you guys.
Yonatan Schmidt 36:00
Awesome. Thank you. Matan. Yeah. See ya.
Outro 36:21
Thanks for listening to The Same Day Podcast. Tune in to a new show each week and be sure to subscribe to get future episodes.