Lukinski: Learn to buy & sell real estate
Real Estate Blog – Everything for the first property and your property as an investment: Free and Online. My goal is to communicate my knowledge compactly, so that all market participants, the small, the medium (but also the big and super big) have a fair chance to learn this market environment, competitive environment, purchase, acquisition, yield, sale, partial sale, financing, heritage, etc..
Learn for free: Finance, buy and sell real estate
PS: We are looking for properties all over Germany. We and I look forward to your email and call!
Almost as detailed as the real estate sale, we discuss in our free guides also the subject of buying real estate. Buy land, buy an apartment, buy a house or even an entire apartment building for rent. Real estate is extremely stable and sustainable relative to other forms of investment, such as stocks, foreign exchange or even more speculative cryptocurrency. Moreover, they generate a stable return every month, in the form of rent.
If you look at the history and development of real estate, or even the development of the various cities, whether A-location, B-location or C-location, you quickly see, real estate is almost always a good deal. So if you can afford it, buy your first property.
Buying your first property comes with many risks, just the subject of property valuation to check financing, as well as the return on investment. With your first property, how are you to determine if it is a solid property or if you will end up paying too much money? That’s why real estate buyers rely on experts with experience. Not without reason! Especially in the big cities, about 70% to 80% of the real estate is bought and sold with real estate agents or consultants. So that you have an overview of what is involved in the process, what taxes you have to pay, how to find a good real estate agent and much more, learn here in our free guides on the subject of buying land, apartments, houses, real estate!
The subject of construction affects seller side as well as buyer side, as well as real estate valuation. It starts with small reconstruction measures, renovation, redevelopment, e.g. for the increase in value, shortly before you sell your condominium or your house. Even those who only want to buy a plot of land do so either for speculative reasons (appreciation) or because the land is to be built on (project developments).
From small cosmetic repairs to full construction of apartment buildings and neighborhoods, we take a look at the construction industry, the big companies and, of course, the small beauty fixes for real estate sales.
Real estate valuation is the basis for buyers and sellers. Without a well-founded valuation of an apartment, house or land, ultimately nothing works. If the offer price is too high, no interested parties will come forward. If the offer price is too low, many interested parties will come forward, but ultimately you will also lose a lot of money due to the incorrect valuation.
A 10% loss of the purchase price for a property worth 150,000 quickly amounts to a loss of 15,000. If you are the owner of a house in a good location, you can quickly lose 1.2 million, and a 10% loss means a direct loss of 120,000.
Tip. Sell discreetly and directly to investors. The advantage: Good prices, through exclusive offers: Off Market Real Estate
But who makes a property valuation, real estate agent, appraiser? Here you will learn everything important about the valuation of land and real estate. With this knowledge you can make the purchase or sale of your property much more efficient. Finally, there will be no long waiting times, due to too high or too low offers. Get to know tips, e.g. the “quick valuations” through comparisons in apps and online portals. So you can roughly evaluate your property and if you really want to buy or sell, consult an expert.
Who buys his first real estate, who wants to build up his real estate portfolio, needs one thing above all, creditworthiness (solid finances) and a partner to real estate financing. Those who rely on capital providers will usually work with banks.
There is a lot to learn, for example, have you heard of the leverage effect? We know the term leverage from the stock exchange, e.g. from stock trading. But this principle is also used by banks to increase their equity. A rough rule says:
20% equity, 80% financed by the bank
But there are also means and ways you can buy or even build real estate with less equity. Learn more about the topic here:
Real estate purchase, real estate sale, real estate appraisal and real estate financing, ultimately it all boils down to one goal, real estate as an investment. In addition, you can save taxes with real estate.
Real estate as an investment is one of the most solid, profitable ways to build your own wealth. On a small scale for retirement planning, on a large scale for millions in sales, compared to many other industries. Because:
Living is always done.
If you want to invest in real estate, it depends on one thing above all, the location! Location means 1) that you choose attractive areas, where also corresponding rents are paid and there is little vacancy. But location also means 2) proximity.
The 1st property you own is a lot of work, the 2nd, 3rd, 4th, 5th and yes, even the 6th property is still a lot of work. Of course you can hire a property management company, but many want to do the job themselves. That means in reverse, anytime tenants can call, the heat doesn’t work! The water is not running. A window is broken. The chimney is clogged. Many reasons why you need to get out spontaneously.
The closer your investment objects are, the faster you can act and the less time you have to invest.
But the work is worth it. Because the knowledge that you build up can be profitably used for every other property.
Capital providers with larger budgets, of course, do not have standardized advice written, as well as for the first property. An investment portfolio of 10 million to be formed differs significantly from a package of 50 million. Who wants to found e.g. a WEG administration, which does not buy under 100 units, and already we speak of 20 million in A-Lage. Again others are more risk-averse, “main thing the yield is right”! Here you can also think about properties in C-location. If you need an experienced real estate consultant here, please feel free to contact us.
Learn about the different legal forms here, in Germany and in the USA. For private real estate buyers who buy a condominium as a retirement plan, it is not worthwhile to form a separate company and a complex construct. For those who want to rent out several units need the appropriate legal form for their own forms.
Here we give an insight into the different forms of companies that can be founded in Germany and the USA. Of course, we also focus on real estate and special forms, e.g. real estate GmbH, REIT and the family foundation.
In the individual articles and guides you will of course also find cross-references to the individual tax types that are pending. You will learn more about the linkage and much more about large corporate constructs, e.g. the stock corporation. For those who no longer manage only 100 or 1,000 units, it is worthwhile to go public. A look at the real estate shares shows, they are profitable for the share giver and the share buyer. As already said before, living is always!
When it comes to costs and expenses, people in all forms of business usually talk directly about personnel, as the biggest cost factor, “you can save here”! But, is it really so? In fact, taxes are the biggest capital guzzler you have as a real estate investor.
Anyone who wants to deal with the real estate trade must always be an entrepreneur as well. Taxes are the A&O, already from day 1. From the simple basics like sales tax, trade tax to specific tax types for real estate like property tax and land transfer tax. Learn about the different types of taxes and maybe much more!
Here you will once again learn about selling the different types of real estate, types of apartments and types of houses. In addition, I have tips and checklist for the sale of land and commercial real estate.
Is it possible to sell a part of a property? Yes! Partial sale of house, apartment and land is possible. Does a partial sale make sense? You will learn the answer here. For many, their own real estate becomes “too big” at some point, and at the same time the money they have saved becomes less and less. Selling part of one’s own property, with full right of residence and right of use(usufruct), sounds tempting – especially if the purchase price is transferred immediately.
We are looking for real estate all over Germany.