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.

Buying a portfolio might lead you to making decisions you don't have the experience and foresight to make well.

Hi Michael,I agree with Bruce that rephrasing other people’s content can be risky, as it could potentially lead to plagiarism issues, and it doesn’t establish your business as an authority in the field.

You can make minor adjustments based on the type of appliances (dishwasher, clothes washer and dryer, air conditioning, etc.) and the size of the rental.

Having this information allows me to give my clients a solid understanding of current market conditions, enhancing our discussions and decision-making.

You’ll need to thoughtfully evaluate the timing for flipping, renting, or bundling properties for bulk sales, all while considering current market conditions and your financial objectives.Balancing Flips vs.

I'm sure your lease and the law require the tenant to return the property in the same condition it was received, minus ordinary wear and tear.I would file again.

The VCCO might not give you information outside of how much the tenant should be getting for rent payments, which is why filing for eviction is a good step. the VCCO will be notified and they may come to you, and you can get some answers that way.Another thing about filing is that the court can enforce a payment plan and a condition of the payment plan could be that you receive your payments directly and that rent is taken out of the tenant's compensation package before the rest of it is given to them.

The living condition is terrible as the apartment is poorly maintained by tenant and poorly managed by landlord [seller].

What happens if I get an MTR lead from Zillow or MiniStays?