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All Forum Posts by: Nina Atenburger

Nina Atenburger has started 3 posts and replied 26 times.

Post: BiggerPockets German Users on board?

Nina AtenburgerPosted
  • Berlin, Germany
  • Posts 26
  • Votes 11
Originally posted by @Sebastian E.:

@Nina Atenburger I would not make Airbnb any part of your investment thesis in Germany. The regulatory situation is too difficult for that to be predictable income. 

I've looked into the regulations and buying a 2 bedroom apartment, living in one of the rooms and renting the other room out through airbnb is not against the law, as far as I am aware, as 50% of the space will be occupied by me. Do you know if I got this right? I just briefly looked into it the other day. Also, getting a 3 bedroom apartment, living in one room, making the second one a student rental and renting the third one out on airbnb. I am not yet sure if this would work as I wouldn't be occupying 50% of the space. What do you think? I wouldn't use it as an investment strategy per se, I would use it as a strategy to get my (first!) personal residence. If done right I would pay very very little for the place myself as most of it should be covered through airbnb/student rentals! :)

Post: Germany

Nina AtenburgerPosted
  • Berlin, Germany
  • Posts 26
  • Votes 11

Hello everyone,

I would love to connect with active investors living in Berlin! My plan is to buy my own personal residence (w. rooms for 1 student rental and 1 vacation home rental). My long term plan is to purchase multi-tenant apartments that would be rented by students/younger adults.

Nina

Post: Sub forums for international locations?

Nina AtenburgerPosted
  • Berlin, Germany
  • Posts 26
  • Votes 11

I would love to see one for Berlin, Germany! :)

Post: BiggerPockets German Users on board?

Nina AtenburgerPosted
  • Berlin, Germany
  • Posts 26
  • Votes 11

Hello everyone!

I am currently living in New York City and I am planning to move to Berlin in the distant future. I am currently just reading up on it all and plan to invest in multi-tentant rentals + one property that would be used as my personal residence, student rental + airbnb vacation rental. If anyone knows anyone on BP who is investing in Berlin, please let me know! :)

I am Austrian btw! :)

Post: Let's get real about starting out

Nina AtenburgerPosted
  • Berlin, Germany
  • Posts 26
  • Votes 11

I love this thread! Thank you so much everyone for sharing your stories! I am just starting to read up on everything and to form a semi-solid plan. After listening to the podcasts 229 and 215 it hit me like a ton of bricks: multi-tenant student rentals + airbnb vacation rentals it is for me. I've really enjoyed listening to the bigger pockets podcasts so far, I just wish that there'd be more people featured from places outside the U.S., Europe in particular. I think minimal and frugal living is key, no matter what venture one wants to take on in my opinion. On top of that a low-footprint lifestyle is also kinder to the environment. I've personally moved so much the last 3-4 years (Vienna, Berlin, London, New York City) that I don't have a credit history in a single country. I would love to hear more from people who move around a lot as well yet still manage to build up their business as I could personally relate to that a lot more (than to someone who's been living in the same place all his life). Anyway, I am looking forward to more posts in this thread, such a great topic Dustin!

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

Nina AtenburgerPosted
  • Berlin, Germany
  • Posts 26
  • Votes 11

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