I BOUGHT MY FIRST RENTAL PROPERTY IN FREIBURG, GERMANY. Price, revenue, full procedure + more
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- čas přidán 7. 01. 2023
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Link to my self storage business video: HOW I STARTED MY SELF STORAGE BUSINESS (using shipping containers): A Step-By-Step Guide + Profit: • HOW I STARTED MY SELF ...
These are the products I use for my self storage business (affiliate links):
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➢ Lockbox-Link: amzn.to/3Tt2nLs
➢ Waterproof padlock: amzn.to/3MTsxEm
This is the equipment I use (affiliate links):
➢ 13” portable monitor: tinyurl.com/financehans
➢ HP bluetooth mouse: tinyurl.com/financehans2
➢ iPhone 13 Pro: tinyurl.com/financehans3
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Timestamps:
00:00: Structure of the video
00:30: Why I am buying a rental property
03:02: Is it a bad timing to buy real estate?
03:30: Location of my apartment
04:19: What it looks like
05:02: Financials
06:40: Financing Structure
09:16: Subscribe!
Tags lol:
Real estate investment in Germany, buying an apartment in Germany, investing in real estate in Germany, buying a flat in Germany, buying real estate in Germany, buying a rental property in Germany, Investing in real estate in Germany, renting out apartments in Germany, financing an apartment in Germany, buying rental properties in Germany, renting out an apartment in Germany,
Do you have the excel calculator in english maybe?
NICE vid
Ich gratuliere dir! I'm 25 and I just bought my about to buy my fourth property. I promise after you buy your first you'll be ready for the next. It gets fun
Thanks! Congrats to you too! In which country/city do you buy?
@@financehans6432 Thanks! I bought in the area where I live since I know a lot about the market. Indiana, US
Thanks, I'm foreigner who like to have a rental property in Germany.
Hi Hans,
i am waiting for the video about rental contract for short and long term use of the apartment... Short team, I mean, AirBnb. Thank you.
I don't do Airbnb
great story, I like to know more details.
What exactly?
@@financehans6432 I am interested in: what other type of investments do you also have at the moment (stocks, bonds, ETFs, crypto, etc)? in which ones do you invest in specific? and how much? (if you mind me asking). It's all for learning purposes, after all, find someone smart and want to learn how to improve my own investing strategy. Personally, I invest in ETF and stocks for now but planning to buy my first rental property in Germany too.
Hi, great video. Thanks for sharing it and the very detailed ROI analysis. Can you share the Excel sheet? It's pretty detailed, and I would love to use it for my calculations. Gonna be a homeowner soon :)
I will share it soon. Will you be a homeowner in Germany?
Glad you liked it! Here is the link to the excel: tinyurl.com/financehans1996
If you wish to support my work, videos and content, I would be really thankful if you would donate a few dollars via this link: paypal.me/financehans
Hi and thanks for the video and good luck with your investments :)
Did you build the calculator excel yourself or got it online?
I got it online and then adapted it accordingly. I will share a version of the excel soon!
Glad you liked it! Here is the link to the document: tinyurl.com/financehans1996
If you wish to support my work, videos and content, I would be really thankful if you would donate a few dollars via this link: paypal.me/financehans
It’s awesome video again. Want to know if you have considered Mobile homes and what is opinion about them?
Thank you! Nope, have never really considered mobile homes. Are you thinkkng about renting them out?
@@financehans6432 yes i am thinking about it from investing point of view?
That was a great video. Did you get a chance to share the excel ? I am an investor and would like to start in Germany
Glad you liked it! Here is the link to the document: tinyurl.com/financehans1996
If you wish to support my work, videos and content, I would be really thankful if you would donate a few dollars via this link: paypal.me/financehans
Can you pls share the excel?
Vielen Dank Hans! Could you please share/sell that excel? Danke
Will soon!
Glad you liked it! Here is the link to the excel: tinyurl.com/financehans1996
If you wish to support my work, videos and content, I would be really thankful if you would donate a few dollars via this link: paypal.me/financehans
I heard renting out by room is higher profit cuz they share kitchen bathroom and stuff and im really trying to get started with it im just unsure and lost about some things still. As a foreignsr its pretty hard to find useful landlord guides
Yes, definitely!
Hey Hans, I have been watching your videos for a few days now, and now I am wondering why did you buy an apartment when you could have bought many storage units and get the value back in 2 years?
Hi Stjepan, excellent question! Well, at the moment I don't have any more space to put shipping containers on. Finding suitable properties here in the south of Germany is really difficult. Nevertheless, I still have enough cash to buy more shipping containers if a new opportunity arises.
Also, I want to diversify my revenue streams and investments. Therefore, it also makes sense from that perspective
Thank you for the quick reply. I wanted to start with renting storage containers for some time now, so your videos are just what I needed! Thank you very much for your detailed reports and inspiration.
I'll keep you updated on how it goes so we can learn from each other :)
Glad you like the videos! Yes, please keep me updated on your progress! Best of luck!
Can you put the apartment in a Gmbh? If so, would doing that increase or decrease the tax liability?
Yes, you can! You might even get a tax advantage out of this
it makes sense only after you have property for total value of 2-3mln EUR otherwise running costs of Gmbh will be higher than your tax benefit
Can you share the excel sheet? Thank you
Will do shortly!
Can you share the excel sheet?
Hello, can you please share excel sheet. Thanks
Will do shortly!
Glad you liked it! Here is the link to the excel: tinyurl.com/financehans1996
If you wish to support my work, videos and content, I would be really thankful if you would donate a few dollars via this link: paypal.me/financehans
Would you like to share that excel doc with us.?
I will soon!
Please can you share the excel sheet?
I will soon!
Glad you liked it! Here is the link to the excel: tinyurl.com/financehans1996
If you wish to support my work, videos and content, I would be really thankful if you would donate a few dollars via this link: paypal.me/financehans
Hey brother !
What will be the price for a medium small house in rural areas near Freiburg
If you know , then answer it bro ❤
I'd say 400-600k
The sound ver low
Will improve next time!
Why you haven't bought it for yourself and live in it :) u don't have to pay rent then. Also the S&P average yield is 10% so buying a property is not that attractive ! thanks
False. My ROI is between 30 and 50% on the money I put in. Due to the hedge, it is way better than investments in stocks/Etfs (which I also do). Also don't forget about tax advantages when comparing
@@financehans6432 Is 30% the annual return : how ? maybe u can talk also about tax advantages ! thanks