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5 February 2025 | 205 replies
I think ultimately, one thing I've learned is how quickly economic conditions can change.
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12 February 2025 | 19 replies
Yes, I know sometimes sellers bring money to the table to close- based on condition, liens, etc - but as a general rule- this helps.
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20 January 2025 | 6 replies
I was just on their website looking at the permit process:CityofSac-STR PermitLooks like 90 days max until you get a conditional use permit but still reading as it seems a little unclear:A short-term vacation rental may operate from a location that is not the operator's primary residence for a total of 90 days in a calendar year.
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7 February 2025 | 41 replies
I can say I'm biased because I'm located here, but the numbers work and it meets all your conditions.
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24 January 2025 | 11 replies
.- If you're handy, recommend buying a property in the worst condition you can tolerate.
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17 February 2025 | 61 replies
I’m over weight and yes I love food so if you call me fat that’s fine because your right!
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24 January 2025 | 0 replies
A local real estate lawyer or translator can ensure you fully understand the terms and conditions of the purchase.Other Costs to Consider- Closing Costs: In addition to your down payment, expect to pay an additional 8-12% of the property price for:- Notary Fees: Around 1-2% of the purchase price.- Property Transfer Tax (Grunderwerbsteuer): 3.5-6.5%, depending on the region- Land Registration Fees: Approximately 0.5-1.5%.- Realtor Fees: As mentioned, these range from 3-7% of the purchase price, plus VAT.Benefits for Service Members- Equity Building: Owning property builds equity over time, providing long-term financial security.- Strong Rental Potential: If reassigned, you can rent the property out in Germany high-demand rental market.- Tax Advantages: Germany offers tax deductions for property owners, which can help offset some costs.Key TakeawaysService members have a unique opportunity to buy property in Germany with minimal upfront costs.
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29 January 2025 | 14 replies
So I've decided that due to poor caulking and grout condition of the upstair bathroom, I will cover the water damage, although the tenant did eventually cause more water damage.
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24 January 2025 | 6 replies
One property I eventually bought listed at 400K, but wasn't worth that much in it's current condition I offered 300K and it sat for 2 months before they sold it to me.
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6 February 2025 | 13 replies
Given its condition, renting it may not be practical.