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All Forum Posts by: Fabien Chanoz

Fabien Chanoz has started 3 posts and replied 10 times.

Post: Buying in London

Fabien ChanozPosted
  • Investor
  • palm beach gardens
  • Posts 10
  • Votes 0

Yes i heard it is one of the best place to buy in Europe

i wasn wondering how cna one make a good deal when   for example the rent is

1000 Mortgage 500 and i heard we should expect 50 percent on insurance and taxes repair ect

Is this 50 percent on the rent or on the mortgage?

Then it must be hard to find good deals

Wondering if you knew the answer thank you

Post: Buying in London

Fabien ChanozPosted
  • Investor
  • palm beach gardens
  • Posts 10
  • Votes 0

Ok wonderful thank you fhr the formation

i chose London because in Paris where i live the taxes are too high 

loans are hard to get and tenants do not pay rent regularly

I thought about Irland too what do you think about Dublin Do you know how a market crash llike happened a few years ago can affect a landlord? Thank you

Post: Should i expect 30% expenses on top or mortgage?

Fabien ChanozPosted
  • Investor
  • palm beach gardens
  • Posts 10
  • Votes 0

How much less than 5à per cent should the mortgage be compared to the rent

to make some money?

Like Rent 1000 Mortgage 400 then no money is made in this example?

Thank you

Post: Should i expect 30% expenses on top or mortgage?

Fabien ChanozPosted
  • Investor
  • palm beach gardens
  • Posts 10
  • Votes 0

OK thank you then good deals must be rare 

Why is just using the 50 rule not good all  the time

does it depends on the neibourgood also? 

Or also if there are enough renters in a particular city?

Post: Should i expect 30% expenses on top or mortgage?

Fabien ChanozPosted
  • Investor
  • palm beach gardens
  • Posts 10
  • Votes 0

Merci so it must be har dto find a good deal

As of Rent is 1000  Mortgage is 600 Then 5000 expenses 

Thus the mortgage need sot be really now

Does the operating costs depend in the city or location 

or do they do not vary much?

merci pour la réponse

Post: Should i expect 30% expenses on top or mortgage?

Fabien ChanozPosted
  • Investor
  • palm beach gardens
  • Posts 10
  • Votes 0

Thank you how much in average can one experct in othe expenses apart from mortgage seeing that most people that get into troubler because they did not to the math right thank you 

So if the house or appartment is  100 000 

RENT IS 1000 MORTGAGE IS  600 DOLLARS

Then it is not worth it as 50 percent or 1000 is 500 if i understiid right thank you

Post: Should i expect 30% expenses on top or mortgage?

Fabien ChanozPosted
  • Investor
  • palm beach gardens
  • Posts 10
  • Votes 0

Hello to you all i was wondering that most people fail in real estate because the mortgage and the expenses end up being more than they expected and then they find themselves under 

I was wondering how should i calculate becore buyng not to be taking from my own pocket? I heard about the 50 percent rule but it does not seem realistic or maybe i did not undrstand it well Should i expect 30% expenses on top or mortgage?

IN Paris where i live found a plce 90 000 EUROS 10 M2

RENTS FOR 450  Even if the mortgage is 350 Euros it is not  agood deal right?

THANK YOU

Post: New investor Europe

Fabien ChanozPosted
  • Investor
  • palm beach gardens
  • Posts 10
  • Votes 0

Thank you Steven for you warm greeting ye si love bigger pockets very linteresting information thank you

Post: Buying in London

Fabien ChanozPosted
  • Investor
  • palm beach gardens
  • Posts 10
  • Votes 0

Hello i am thinking of buying lota in London as Paris France the price stoo high and the renters are too much proteted from law and many do not pay rent 

I was wondering what one needs to know  about a market? How does someone know when a market is good or bad and which neighbourhoods are good? Are all nice and rich neiboughoods good or not? Thank you 

Post: New investor Europe

Fabien ChanozPosted
  • Investor
  • palm beach gardens
  • Posts 10
  • Votes 0

Hello to all listening a lot to the bigger pockets podcast very interesting Brndon is nice guy who really wants to help people

I was wondering in fact the most important question not to get into financial trouble How much more should i add from the mortgage in taxes and other expenses to see if there is positive financial return on a deal ? thank you