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All Forum Posts by: Erwin Groenendijk

Erwin Groenendijk has started 11 posts and replied 303 times.

Post: Best option to take when investing in Spain

Erwin GroenendijkPosted
  • Investor
  • Barcelona & Valencia (Spain)
  • Posts 309
  • Votes 173

Dear all,

A lot of insights and a lot of ideas. Last month we came together in Barcelona with our second Meet Up discussing these topics in person with like-minded people. In the end, talking with each other is what helping you move forward. We are planning to host our third one in June, so if anyone is in the possibility of attending please feel free.

In Meet Up you can find our group under 'Real Estate Investors in Barcelona'. 

Thank you for referring @David Fernandez. I think you were attending the very first one we organized. Glad to see that everything is going well. 

Erwin

Post: New Here, interested in International Portfolio

Erwin GroenendijkPosted
  • Investor
  • Barcelona & Valencia (Spain)
  • Posts 309
  • Votes 173

And here I can help you a fair bit in terms in Spain @Justin Wolfe. I am from Holland but currently working and investing in Spain. What would you like to know specifically?

Also for the others having plans or ideas about the Spanish market, would be interesting to get in contact. @Mike Lambert, do you have a lot of experience in Spain? 

Cheers,

Erwin

Post: Investing in the Netherlands - regular rental vs B&B

Erwin GroenendijkPosted
  • Investor
  • Barcelona & Valencia (Spain)
  • Posts 309
  • Votes 173

Hi @Sophie Mia,

Good to hear your plans and the moving to Amsterdam. Are you Dutch yourself? 

Can not give you precise information about these topics as I am from Holland but currently working & investing in Barcelona. What I can do is refer you to @Jen Mendez, who is organizing real estate meetings on multiple locations. 

Good luck!

Erwin 

Again, a really exciting/stimulating podcast. Shared it with my community of investors in Europe!

Post: New member from NY and transplant from Spain!

Erwin GroenendijkPosted
  • Investor
  • Barcelona & Valencia (Spain)
  • Posts 309
  • Votes 173

Came to Barcelona 2,5 years ago for work and since then... Well, you probably guessed it, it is hard to say goodbye now ;-) We are focusing on 'normal' real estate for the moment, apartments that need a lot of work and can be bought at the right price. We are now slowly moving buying buildings though, as our community of investors is growing. 

True that commercial is a completely different game. Would be very interesting to meet your contacts in Barcelona to share experiences, learn from their commercial experiences and perhaps help each other out when the moment arises.  Would they be open for that, you think?

Also please let us know when you are back in Barcelona to have a coffee and meet in person. For you applies the same story it seems, that after your MBA you never returned. Where did you do your studies?

Erwin 

Post: New member from NY and transplant from Spain!

Erwin GroenendijkPosted
  • Investor
  • Barcelona & Valencia (Spain)
  • Posts 309
  • Votes 173

@Kevin Elguer Correct, together with two companions we are investing in Barcelona and Valencia at the moment. Buying, renovating, and selling, together with a community of investors that we are creating. Really exciting how everything is moving so far!

How did your advisory firm ended up? Is it still there? Would love to hear your story, experience, and how you eventually ended up in the US. 

Glad that you and @David Fernandez are finding each other here via BP. I have also been talking with David a lot and he has been a great help. We even each other met with one of our Meet Up's in Barcelona.  

Post: New member from NY and transplant from Spain!

Erwin GroenendijkPosted
  • Investor
  • Barcelona & Valencia (Spain)
  • Posts 309
  • Votes 173

Hi @Kevin Elguer, cool to hear you story. Good luck with it! Have you been living there for a long time?

Is there a reason why you didn't already start investing in Spain? A lot of opportunities there too.

Regards,

Erwin

Post: Former poker player, very new at real estate

Erwin GroenendijkPosted
  • Investor
  • Barcelona & Valencia (Spain)
  • Posts 309
  • Votes 173

@Fredrik Kaarem, @Dougan Milne, @Alexander Svanevik, here is our Meet up link: 

https://www.meetup.com/Real-Estate-Investors-in-Ba...

Looking forward to meet you guys having a beer

Post: Former poker player, very new at real estate

Erwin GroenendijkPosted
  • Investor
  • Barcelona & Valencia (Spain)
  • Posts 309
  • Votes 173

A good choice to come to Barcelona, @Fredrik Kaarem, although the weather today is feeling like North Europe ;-)

Good to see that already experienced and knowledgeable people are responding to your post. Like @Dougan Milne, @Alexander Svanevik, and @Adrià Creixell, they are definitely the ones to talk to with the local feeling.  

As there is input given by multiple people, what do you (and the others) say about coming all together after the information has sinked in? Adria and me are organizing a Real Estate meet up the 28th of March in the evening. Interesting to hear several backgrounds at once.

Cheers,

Erwin

Post: Best option to take when investing in Valencia

Erwin GroenendijkPosted
  • Investor
  • Barcelona & Valencia (Spain)
  • Posts 309
  • Votes 173

Hi @Eli Lisway,

Thanks for mentioning @David Fernandez, appreciate it. We met David in one or our meet ups organized in Barcelona approx. 6 months ago. In the meantime, mainly because of the political instability in Barcelona, we have been focusing our investment journey in Valencia. We have done 4 projects there now, and signed our last one yesterday! 

As you can imagine, we are quite excited about Valencia and agree that it is a good option to focus on. Prices are still relatively low, for example. The situation in Valencia is an up market. The expectation is that the overall buying house prices are going to increase 10% in the upcoming year, and rental prices similarly. 

Open to help you with additional questions if you have them. 

Cheers,