I BOUGHT MY FIRST RENTAL PROPERTY IN FREIBURG, GERMANY. Price, revenue, full procedure + more

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  • เผยแพร่เมื่อ 24 พ.ย. 2024

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  • @GhanYt
    @GhanYt ปีที่แล้ว +74

    My portfolio has good companies, however it has been stalling this year. With the present inflation and dollar devaluation I just got my money out of the bank, I invested some in gold and silver and I’ve approximately $700k stagnant in my reserve that needs growth, any suggestions to grow my portfolio will be highly appreciated.

    • @bahijarhafiri
      @bahijarhafiri ปีที่แล้ว

      There are many other interesting stocks in many industries that you might follow. You don't have to act on every forecast, so I'll suggest that you work with a financial advisor who can help you choose the best times to purchase and sell the shares or ETFs you want to acquire.

    • @bahijarhafiri
      @bahijarhafiri ปีที่แล้ว

      Mind if I ask you recommend this particular professional you use their service? i have quite a lot of marketing problems

    • @bahijarhafiri
      @bahijarhafiri ปีที่แล้ว

      she actually appears to be well-read and educated. I just did a Google search for her name and found her webpage, I appreciate you sharing

    • @financeHans
      @financeHans  10 หลายเดือนก่อน

      Let me know if you're interested in buying property in Germany. I can recommend some financial advisors to you as well.

  • @micahcook7800
    @micahcook7800 ปีที่แล้ว

    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

    • @financeHans
      @financeHans  ปีที่แล้ว

      Thanks! Congrats to you too! In which country/city do you buy?

    • @micahcook7800
      @micahcook7800 ปีที่แล้ว

      @@financeHans Thanks! I bought in the area where I live since I know a lot about the market. Indiana, US

  • @cenk82
    @cenk82 8 หลายเดือนก่อน +1

    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.

    • @financeHans
      @financeHans  7 หลายเดือนก่อน

      I don't do Airbnb

  • @khair9858
    @khair9858 ปีที่แล้ว

    Thanks, I'm foreigner who like to have a rental property in Germany.

  • @Gonuhouse
    @Gonuhouse 11 หลายเดือนก่อน +2

    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 :)

    • @financeHans
      @financeHans  10 หลายเดือนก่อน

      I will share it soon. Will you be a homeowner in Germany?

    • @financeHans
      @financeHans  10 หลายเดือนก่อน +4

      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

  • @RLuka0302
    @RLuka0302 6 หลายเดือนก่อน +2

    Do you have the excel calculator in english maybe?
    NICE vid

  • @XiChen-g8p
    @XiChen-g8p ปีที่แล้ว +3

    Can you share the excel sheet? Thank you

    • @financeHans
      @financeHans  10 หลายเดือนก่อน

      Will do shortly!

    • @shadyahmed2274
      @shadyahmed2274 9 หลายเดือนก่อน

      Can you share the excel sheet?

  • @bobdavis1739
    @bobdavis1739 9 หลายเดือนก่อน

    great story, I like to know more details.

    • @financeHans
      @financeHans  7 หลายเดือนก่อน

      What exactly?

    • @josepierobon4704
      @josepierobon4704 6 หลายเดือนก่อน

      @@financeHans 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.

  • @tarikhad
    @tarikhad 11 หลายเดือนก่อน

    Hi and thanks for the video and good luck with your investments :)
    Did you build the calculator excel yourself or got it online?

    • @financeHans
      @financeHans  10 หลายเดือนก่อน

      I got it online and then adapted it accordingly. I will share a version of the excel soon!

    • @financeHans
      @financeHans  10 หลายเดือนก่อน

      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

  • @financeHans
    @financeHans  4 หลายเดือนก่อน

    Reach out to me via mail if you are looking to buy an apartment in Freiburg (I would be happy to manage it for you as well): finance-hans@outlook.com

  • @chethanraju6647
    @chethanraju6647 4 หลายเดือนก่อน

    That’s really great to hear! I am also looking to buy a property in Stuttgart! Can I have your excel calculator?
    Many Thanks

    • @financeHans
      @financeHans  3 หลายเดือนก่อน

      Check my other comments

  • @howislamworks
    @howislamworks ปีที่แล้ว

    It’s awesome video again. Want to know if you have considered Mobile homes and what is opinion about them?

    • @financeHans
      @financeHans  ปีที่แล้ว

      Thank you! Nope, have never really considered mobile homes. Are you thinkkng about renting them out?

    • @howislamworks
      @howislamworks ปีที่แล้ว

      @@financeHans yes i am thinking about it from investing point of view?

  • @enjoylife4319
    @enjoylife4319 10 หลายเดือนก่อน

    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

    • @financeHans
      @financeHans  10 หลายเดือนก่อน +1

      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

  • @lux888888
    @lux888888 ปีที่แล้ว

    Vielen Dank Hans! Could you please share/sell that excel? Danke

    • @financeHans
      @financeHans  10 หลายเดือนก่อน

      Will soon!

    • @financeHans
      @financeHans  10 หลายเดือนก่อน

      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

  • @balwantprasad
    @balwantprasad 5 หลายเดือนก่อน

    Hey Hans
    Thanks for sharing.
    A question. Is the rent you are getting is as per rental index. Or you are charging more. I am asking as your apartment is old.

    • @financeHans
      @financeHans  5 หลายเดือนก่อน

      It is as per rental index

  • @shahulkoyakutty691
    @shahulkoyakutty691 4 หลายเดือนก่อน

    Hi Hans,
    Is it really possible to increase the rent? I hear that it is not possible with long term contracts.

    • @financeHans
      @financeHans  4 หลายเดือนก่อน

      No, totally doable if you consider specific boundaries (eg only 15% increase within 3 years) etc

  • @easypro
    @easypro 7 หลายเดือนก่อน

    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

    • @financeHans
      @financeHans  6 หลายเดือนก่อน

      Yes, definitely!

  • @shinycabrin6070
    @shinycabrin6070 5 หลายเดือนก่อน

    Hi could you share the Excel please?

    • @financeHans
      @financeHans  5 หลายเดือนก่อน

      Check my other commemts

  • @deesiInGermany
    @deesiInGermany ปีที่แล้ว

    Hello, can you please share excel sheet. Thanks

    • @financeHans
      @financeHans  10 หลายเดือนก่อน +1

      Will do shortly!

    • @financeHans
      @financeHans  10 หลายเดือนก่อน +1

      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

  • @premeditatedprofits
    @premeditatedprofits ปีที่แล้ว

    Can you put the apartment in a Gmbh? If so, would doing that increase or decrease the tax liability?

    • @financeHans
      @financeHans  10 หลายเดือนก่อน +1

      Yes, you can! You might even get a tax advantage out of this

    • @Digitalsupport4you
      @Digitalsupport4you 6 หลายเดือนก่อน

      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

  • @Lasha901
    @Lasha901 4 หลายเดือนก่อน

    Hello Hans, I am an international student in Germany. Am I allowed to buy an apartment in Germany? I have saved up money for the 20% down payment. I only have a mini job. I am planning to rent it out and pay the bank every month from that rent. Would I get a loan for the other 80%?

    • @financeHans
      @financeHans  4 หลายเดือนก่อน

      Yeah I'd say that's possible! Just check with a bank - they should tell you

    • @financeHans
      @financeHans  4 หลายเดือนก่อน

      Where are you trying to buy? I sometimes pass deals along if I don't take them myself - even though they are good deals

    • @Lasha901
      @Lasha901 4 หลายเดือนก่อน

      @@financeHans I live in Kaiserslautern so I am planning to buy in Kaiserslautern.

    • @deepshataneja6689
      @deepshataneja6689 3 หลายเดือนก่อน

      Please guide regarding opening a salon

  • @SherEAlamSajib
    @SherEAlamSajib ปีที่แล้ว

    Would you like to share that excel doc with us.?

    • @financeHans
      @financeHans  10 หลายเดือนก่อน +1

      I will soon!

  • @ghulamsediqrasooli5487
    @ghulamsediqrasooli5487 2 หลายเดือนก่อน

    Hi , can you please help me to buy a small apartment ?

    • @financeHans
      @financeHans  2 หลายเดือนก่อน

      Sure! My email is in my bio

  • @SazidRahman-eu5ud
    @SazidRahman-eu5ud 7 หลายเดือนก่อน

    Can you pls share the excel?

    • @financeHans
      @financeHans  5 หลายเดือนก่อน +1

      See my other comments

  • @valarzy
    @valarzy ปีที่แล้ว

    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?

    • @financeHans
      @financeHans  ปีที่แล้ว +1

      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.

    • @financeHans
      @financeHans  ปีที่แล้ว +1

      Also, I want to diversify my revenue streams and investments. Therefore, it also makes sense from that perspective

    • @valarzy
      @valarzy ปีที่แล้ว +1

      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 :)

    • @financeHans
      @financeHans  ปีที่แล้ว +1

      Glad you like the videos! Yes, please keep me updated on your progress! Best of luck!

  • @Fegga1955
    @Fegga1955 5 หลายเดือนก่อน

    💯

  • @eranimoo
    @eranimoo 25 วันที่ผ่านมา

    In how many years does the rent of your house cover the sale price of your house? 30 years??? 😅 come on mate, rental property doesn't make any sense for me. Amortisation time in USA is around 12 years, in Dubai, almost the same.
    Properties are ridiculously expensive in Germany.

    • @financeHans
      @financeHans  25 วันที่ผ่านมา

      Depends on a lot of factors obviously - where you're buying, to which degree you pay back the loan on a monthly basis and so on! I have other apartments which are fully paid off after 8-10 years. Real estate markets are extremely safe in Germany compared to the US (see housing bubble in 07 as a reference).

    • @eranimoo
      @eranimoo 25 วันที่ผ่านมา

      @@financeHansmay I ask where? And you paid it off in 10 years or did you mean the rent covered it in 10 years?

    • @financeHans
      @financeHans  24 วันที่ผ่านมา +1

      @@eranimoo Sure, in Villingen-Schwenningen. The rent covers it in 10 years.

    • @eranimoo
      @eranimoo 24 วันที่ผ่านมา

      I just subscribed you. Do you have any social media accounts?
      - Also, could you please make a video about urban transformation? In other words, are very old houses demolished and rebuilt? In this case, what are the costs and how will these money be paid? Do you need to take out a loan again, for example? etc etc.
      - And what should be considered when buying a house/flat as a rental property? For example, I think energy classes are very important. I know that the government will pass a law on this issue. It's about homes with a low energy rating (??). Maybe you can explain all these in another video???
      Thanks in advance.

  • @bahaaworld
    @bahaaworld 6 หลายเดือนก่อน

    Please work on the voice quality next time Mr Hans :)

    • @financeHans
      @financeHans  5 หลายเดือนก่อน

      Will do!

  • @consolegamerz3856
    @consolegamerz3856 ปีที่แล้ว +1

    Hey brother !
    What will be the price for a medium small house in rural areas near Freiburg
    If you know , then answer it bro ❤

    • @financeHans
      @financeHans  10 หลายเดือนก่อน

      I'd say 400-600k

  • @alighali7342
    @alighali7342 10 หลายเดือนก่อน

    The sound ver low

    • @financeHans
      @financeHans  10 หลายเดือนก่อน

      Will improve next time!

  • @jackleporteur1432
    @jackleporteur1432 9 หลายเดือนก่อน

    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

    • @financeHans
      @financeHans  7 หลายเดือนก่อน +2

      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

    • @jackleporteur1432
      @jackleporteur1432 7 หลายเดือนก่อน

      @@financeHans Is 30% the annual return : how ? maybe u can talk also about tax advantages ! thanks

  • @ivanbabunski5307
    @ivanbabunski5307 หลายเดือนก่อน

  • @femij9028
    @femij9028 ปีที่แล้ว

    Please can you share the excel sheet?

    • @financeHans
      @financeHans  10 หลายเดือนก่อน

      I will soon!

    • @financeHans
      @financeHans  10 หลายเดือนก่อน

      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