Top 5 Mistakes When Buying a Property in Germany

[@PerFinEx]

Free meeting with us: perfinex.de/meeting Find the best properties on perfinex.de/properties

[@moebs1062]

Finally, some serious and insightful content on investment in DE other than those template generic vids

[@moebs1062]

Absolutely, this has been a point I keep mentioning in many discussions with friends. Being flexible, i.e. moving out from country to the other loses to committing to one place if you want to invest (under a couple of assumptions). People end up comparing places in terms of pros and cons, similarly to buying a washing machine on a black Frida. Meanwhile, they forget completely about many hidden costs as well non-quantifiable things they could be having where they are right now. In short, a video about this would be great!

[@Easyservice-x8q]

I watch all your videos regularly

[@ErinBertha]

Another Common mistake in buying property in Germany include underestimating transaction costs.

[@adrianosousamendes2948]

Thanks for the excellent videos. Can you please speak about housegeld? Why is it so expensive in Germany?

[@KEcAzZ1]

Yes, video on fexlibility costs would be nice. I tried to calculate it myself. I came up to a simplified solution that everything you pay to a bank after your loan (e.g., you borrow 10, but you have to pay to a bank 16, then it is 6) is your freedom/flexibility cost. The assumption here is that you are able to pay your dept during your lifetime. The ammount one be able to earn in a lifetime is working months multiplied by a savings/month. So for majority of us, there are two options - take a loan and lock yourself. Or do not take a loan and have the same ammount when you retire (after deducting the renting ammount). In first case - you have home (which studies show does not replace happynes). In second case - it is easier for you to relocate. It would be interesting to see your perspective :)

[@ulasinoutdoor]

Which one is "more logical in financial perspective": Buying an apartment and living inside, or buying an apartment and renting it?

[@PerFinEx]

100% buying a property and renting it out. Here is explained why: Buying vs. Renting in Germany: A Financial Guide for Expats kzbin.info/www/bejne/bGa6hGmwbbKdnqM

[@Nithdas]

Hello, I have been trying to book a meeting but it says no available dates this year. Is this correct or am I doing something wrong ? Thank you

[@quentabyte]

How do you find a property manager for 35-45€ a month??

[@apanakos]

First 😊

[@alexpal1495]

So how do we Pick etfs?

[@alexpal1495]

Where do we Store emergency fund. Anything better than stupid Girokonto? What If we have Low volatility Investments?

[@BaileyZimmerman-gv5vh]

Thank you for the great content!! I really appreciate your clear and simple breakdown on financial pitfalls! I lost so much money on stook market but now making around $12k to $16k every week trading different stocks and crypt0s.

[@nicholaspatrick8286]

Same here all thanks to Mrs Anita Sapp Lee, she has always been there to guide me through with detailed analysis and recommendations that I wouldn't have access to otherwise.

[@krzysztofamelia]

Please how do I go about it, am still a newbie on investment trading and how can I make profit?

[@Alice31990]

She is really a good investment advisor. I was privileged to attend some of her seminars. That is how I started my stock investment

[@JacksonWest-fi3mn]

I have heard about her excellent trading expertise in CNBC news, guess she's more popular in United States.

[@marcosmiguel5888]

Please how do I find this financial counselor?

[@OmarQunsul]

Buying apartment for 50K? I assume the 50K means first payment

[@vusalzeynalli3035]

It is for in advance payments - real estate agent, notar, etc. it’s always at least 10% of the price of the property.