New member and dreamer (!!) in New York City! :)

[Nina Atenburger]

Hello everyone!

I am Nina and I am currently living in New York City. I was born and raised in Austria and have spent the last couple years living in Vienna, Berlin, London & New York City. Since early 2014 I have moved roughly 8 times and whenever I travel I couchsurf (give it a chance if you haven't already!) or look for accommodation on Airbnb.

If you know anything about life in Europe than you will know that if you have a (good) credit history in one country, you'll have no credit history in another country unless you lived there for an extended amount of time. Due to various reasons (never having been on a lease, hardly using credit cards, no debt of any kind etc.) and obviously moving a lot I have no credit history in any place I ever lived. 

Anyway, long story short: I love berlin and plan to move there again in the distant future. My plan is to purchase a 2-3 bedroom apartment. I would make one room a student rental, one room my personal residence and the other one would be a vacation rental rented out through AirBnB. I would rent them all out through AirBnb however, this would be against the recently enforced "Zweckentfremdungsverbots-Gesetz" in Berlin. A little more on that here: https://www.airbnb.de/help/article/854/berlin

Ever since reading rich dad poor dad, lots of his other publications and various other books my mind has been racing. It then hit me like a ton of bricks when I was listening to one particular podcast on biggerpockets with Zeona Mcintyre, who is in the vacation rental (airbnb) business. This brings me to why I am here (!!!) I have so much experience in living in shared rentals and love the Airbnb community. I adore living with others and plan to build on that. I plan to combine my love for travel and shared housing by buying multi-tenant rental apartments in Berlin, Germany.

Now I have a couple of questions.

- How does one get (good) credit as fast as possibly?

- Who are the top experts when it comes to student & vacation rentals on bigger pockets? I would love to connect!

- Does anyone know of investors that are into student rentals/vacation rentals that invest in Berlin?

I am an avid reader so any book recommendations that could help me expand my knowledge would be of tremendous help!

I am not familiar with the rules of this forum just yet and hope my introduction isn't too long! :)

All the best,

Nina

[Ken Breeze]

@Nina Atenburger I'm glad you're taking screenshots of some of my posts since BP keeps deleting some of my stuff. I'm sure I'm not the only one who's a bit annoyed about their too strict posting regulations. I won't get into the details of how much it pizzles me off. It's demotivating and at some point becomes irrelevant to try to "add value" to the community. It's just too dang complicated.

That said, how's everything going on your travels and how is Berlin coming along? I hear that when renting a place in Germany, and you live in it, you have the right to short-term sub-rent as much as you like, even if the lease spells out the contrary. From my understanding that paragraph snuck its way into all lease agreements and became a common thing so that everyone thinks it's law - it's not.

But then again as AirBnB-ers, we need to have a google alerts set to update us on policy changes wherever we have vacation real state.

As a commercial multifamily syndicator, I always account for Plan A, an AirBnB option with 2x or 3x normal rent, plus Plan B, a conservative long-term rental underwriting and business plan in case policies change and I need to phase over to long-term tenants.

Let's keep in touch.