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28 January 2025 | 8 replies
While the prices are attractive, I'm concerned with its long term viability.
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12 February 2025 | 43 replies
They don't charge a management fee as long as you buy a home from them every year.
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23 January 2025 | 0 replies
There is a single family home that was divided and one half has been rented and an ad on small "house" that has also been rented mostly long term.
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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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23 January 2025 | 3 replies
I am interested in buying a long-term turnkey property in a nice area (I live in San Diego so this property would have to be out of state).
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3 February 2025 | 15 replies
No kidding this is as simple as it gets.. just advertise that you accept shorter term leases and riase your price.. we have been doing it in Vegas for years..
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29 January 2025 | 8 replies
We can also discuss which locations tend to command higher rents to help you achieve the best possible return on investment.Let me know if you’d like to set up a time to chat—I look forward to connecting!
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19 January 2025 | 4 replies
What will be the indirect achievement that you want to achieve by using BP?
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21 January 2025 | 15 replies
Once you do this conversion you can't change it back to a traditional long-term rental.
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28 January 2025 | 7 replies
With careful planning and consistent effort, you can create a portfolio that aligns with your long-term goals.Good luck!