Alex “Düsseldorf” Fischer: Real estate investor

Due to my regional proximity (Cologne / Düsseldorf), I have of course also learned a lot from Alex Fischer. His book “Reicher als die Geissens” (Richer than the Geisses) has reached over 200,000 readers, including me. Alex Fischer is a real estate investor from Düsseldorf. With over 100,000 followers, he is one of the most successful YouTube channels about real estate and taxes. He also has media coverage on Ntv, FIV and Wallstreet Online.

Here you can find everything about: Alex Fischer

6 facts about Alex Fischer:

• Over 20 years of experience in the real estate sector
• Over 841 seminars held for customers and business partners
• Management consulting and process optimization for real estate and non-real estate companies
• Development of the “Small Real Estate Seminar” with over 253 implementations
• Supervision of over 2000 apartments in purchase and sale
• Publication of over 523 professional publications

Alex Fischer: Real Estate Millionaire, Author & Mentor

His knowledge usually becomes interesting only for those who already have 3, 4 or 5 apartments and more. But he also gives extremely much output, for first-time buyers, or real estate investors, with ambition to “buy and hold” (buy’n’hold), but also “buy, upgrade and sell” (fix’n’flip). The big goal is always: Profitable real estate. The way there leads you over many steps, from the first basic knowledge about real estate types, over the real estate acquisition, up to sales contracts and still more importantly, the question: Self-manage or assign property management?

Some of the content Alex teaches in his great online courses and events he also publishes absolutely free, mostly on YouTube, but also on Spotify and just in the form of books. Here’s a little insight into how you can learn from Alex Fischer.

Here you can get directly to all courses + the book “Reicher als die Geissens” for free:

to Alex Fischer

Here are the main sources of knowledge:

Master course: content, experience and evaluation

There are many courses by Alex Fischer, this one is specifically for those who have bought their first property. Now you are a homeowner and accordingly face newer challenges than in the purchase phase.

Presented, detailed, with contents, chapters, learning fields, with conclusion and evaluation. Everything you need to know.

• AF Masterclass Seminars
• Career Power Coaching
• Financial Intelligence Coaching
• Leadership Power Coaching
• Homeowner Coaching
• Real Estate Investor Coaching
• Tax coaching

Master course: content, experience and evaluation

Presented, detailed, with contents, chapters, learning fields, with conclusion and evaluation. Everything you need to know.

• AF Coachings & Seminars
• Career Power Coaching
• Financial Intelligence Coaching
• Leadership Power Coaching
• Homeowner Coaching
• Real Estate Investor Coaching
• Tax coaching

YouTube: Real Estate, Taxes & Success

Alex Fischer was the first on Youtube to reach over 100,000 subscribers with the topic of real estate (and taxes). That’s 100,000 people who have learned from Alex’s experience as a real estate investor.

The most successful videos from Alex

1. The time bombs in the pension notice (part 1) – over 1.8 million views
2. How to recognize the correct purchase price of the property – 900,000 views
3. How to get started in real estate – 780,000 views
4. Save Taxes by Really Understanding the Tax Game – 670,000 Views
5. Real estate financing without equity – 580,000 views

Tip! You can also find the videos at the end of the list.

Watch YouTube videos

Here you can watch all videos on YouTube for free:

• Alex Fischer Youtube

Book: “Richer than the Geissens

Money, finance, cash flow, taxes… where does it all start? With you. If you want to become a real estate investor and make money with real estate, you need to master one topic above all: Finances & Taxes. From my own experience – including with my tax advisor – I can say what I don’t know or suggest is rarely brought forward to me proactively. Taxes are complex, finances too, entrepreneurship and real estate anyway. But it is worth it, because this is where the real profit lies, or the profit that is tax-optimized.

But before I tell you about Alex Fischer’s coaching, here’s a look at one of his best-selling books, “Richer than the Geissens,” the foundation, so to speak, the mindset.

Free of charge (shipping only):

• Order “Richer than the Geissens” free of charge

Podcast on Spotfiy, iTunes & Co.

Alex Fischer is not only available on YouTube. You can also listen to his book “Reicher als die Geissens” (Richer than the Geisses) and the “Immobilien Podcast” (Real Estate Podcast) for free as an audio book, on all known streaming portals. Here is a small selection:

• Alex Fischer Spotify
• Alex Fischer Apple Podcast

Wikipedia: Coming up

Currently there is no Wikipedia entry for Alex Fischer. Therefore, here, the top 5 most popular videos on YouTube. These 5 videos alone have been viewed over 4 million times.

Top 5 videos by viewers – Bonus!

Here are the top 5 YouTube videos of Alex Fischer!

The time bombs in the pension notice (Part 1)

Alex Fischer’s most successful YouTube video to date has already garnered over 1.8 million views.

How to recognize the correct purchase price of the property

In the purchase lies the profit! It is not for nothing that this video on the correct purchase price of a property has a whole 900,000 views.

How to start the entry into the real estate

The entry into real estate investment already has a whole 780,000 views so far.

Save taxes by really understanding the tax game

Taxes are a big topic with Alex, even this video already has over 670,000 views on YouTube.

Real estate financing without equity

The video has 580,000 views so far.

Who is Axel Fischer Düsseldorf?

Here is a little bit of background on Alex Fischer or “Axel Fischer Düsseldorf”.

Origin and family

Alex Fischer, born in Munich in 1973, is an outstanding personality in the field of real estate and finance. His parents were teachers and had a strong interest in real estate, which brought him into contact with the subject at a young age. Together with his sister, who also took up the teaching profession, he grew up in an environment characterized by real estate investment and management.

Training and study

After graduating from high school, Alex began training as an insurance salesman with a focus on life insurance, company pension plans, real estate financing, real estate appraisal and financial investment. He then decided to study business administration with the aim of later working as a vocational school teacher himself.

The first asset

During his studies, however, he realized that the university education was rather theoretical and not very practical. He therefore ventured into self-employment and invested a lot of time and money in extra-occupational studies to deepen his knowledge in the subject areas that were of interest to him. In the process, he learned from outstanding personalities who had already achieved great success in the real estate industry. He gained valuable knowledge and experience from a total of 127 years of combined real estate experience.

Through his work as an insurance salesman and his brokerage of real estate and financing, Alex was already able to generate a considerable fortune during his training. This prompted him to shape his professional future as an entrepreneur. In 1994, he founded his own company and specialized in brokering financing for real estate agents and developers. In the process, he established valuable contacts with experienced professionals who were making both enormous profits and losses in the real estate industry.

The first asset consulting GmbH

In 1996, Alex founded a wealth management consulting company and discovered his great passion for the real estate world. He realized that real estate played a crucial role in wealth creation and developed an innovative concept as an alternative to traditional annuities: the “Self Paying Annuity”. This concept became a resounding success and led Alex to focus more and more on investment real estate.

Alex Fischer private

In addition to his work as a real estate expert, Alex Fischer has a number of hobbies. He loves designing unique living spaces and building valuable contacts. In his spare time, he enjoys watching koi carp, which he considers fascinating works of art. He also enjoys relaxing with a latte on Königsallee and driving his convertible.

First property development company

In 1998, Alex founded his first property development company and acquired his first redevelopment property. In the process, he gained numerous practical experiences and learned from his mistakes. These experiences led him to develop important rules and principles that helped him on his way to financial freedom. Since then, he has steadily gained success and knowledge and is now a respected developer and investor in the real estate industry.

This might also interest you

Taxes are complex, finances too, entrepreneurship and real estate anyway. But it is worth it, because this is where the real profit lies, or the profit that is designed in a tax-optimized way. But before I tell you about Alex Fischer’s online coaching (article coming in a few days), here’s a look at one of his bestsellers “Richer than the Geissens”, the foundation, so to speak, the mindset.

• Money, finances… 7 basic rules

Real Estate, Taxes & Assets

The big keyword: converting taxes into private wealth. Who can you learn from more reliably than self-made millionaires? Modern investors like Alex Fischer, old giants from the USA like Rockefeller and of course the greats of history, Sir Isaac Newton. Find out why and how in this article on tax optimization.

• Real Estate, Taxes & Assets

Real estate: balance sheet and profitability

Do you want others to help build your wealth? In this video, you’ll learn how certain income properties can give you six more for every euro you pay! A comprehensive look at the economic part of real estate, both for cash investors, those who buy real estate for investment reasons, and owner-occupants. Summarized briefly and simply in advance: Imagine you get something for 10,000 euros that has a value of 100,000 euros. So not 100,000 euros in 30 years, you get immediately a value of 100,000 euros.

Example: You buy a Porsche that is worth 100,000 euros, but you only have to pay 10,000 euros for it, and you already get this Porsche delivered. You don’t have to pay the 10,000 euros immediately, but gradually. How would you like that? Learn about the principle of real estate.

• Real estate: balance sheet and profitability

Understand taxes, convert & build wealth

Converting taxes into private assets – Here you will find links to articles on the topic of tax optimization and asset accumulation. For beginners and of course also for you, if you are already an entrepreneur, keyword “Vermögensverwaltende GmbH” or also“Stiftung gründen” or as you will see later, “Aktien fast steuerfrei verschenken”. I want to give you a first, small overview, what tax optimization means, from the first step to learning from experts, respectively their experiences and mistakes. The goal: Turning taxes into private wealth.

• Understanding taxes > Building wealth

Here you come directly to all courses + book “Reicher als die Geissens” free of charge:

to Alex Fischer

Crowdinvesting: explanation, advantages and disadvantages

Too little equity, too little time, no problem! Crowdinvesting in real estate allows you to invest with smallest amounts. My recommendation for small investments starting at 500 euros are providers like Exporo and InRento.

Let’s start with basics:

What is crowdinvesting?

First of all, what is crowdinvesting?

A very simple comparison would be “a corporation“. The company sells various shares to individuals and institutions. Thus, many “participate” in a company and give it the necessary financing for growth. It works the same way with crowdinvesting in real estate.

Instead of one large investor, shares are spread to many “small” investors. This allows people to invest in real estate who either do not have the necessary credit rating, not enough equity or both. There are several providers for this, such as Bergfürst, Engel & Völkers, Exporo or also InRento, which you will also find in a list later.

More and more want to participate in the real estate market. Also Haufe reports this month“The swarm flies on real estate“, let’s look at the advantages and disadvantages.

Advantages of real estate crowdinvesting

As already learned in the introduction, you as an investor have some advantages, such as the low equity, the various properties as investment options, risk minimization through capital diversification, but also an extensive participation (fixed interest rate, profit-related distribution and participation upon sale).

• Little equity – start from 50 – 100 Euro
• Once registered, various investment options
• Transparency – contact with construction companies possible (information)
• Risk minimization – capital spread over several projects

Compensation and Disbursements:

• Fixed interest rate
• Profit-related distribution
• Participation in the exit case (sale of the property)

Disadvantages and risks for investors

As always, there are advantages, but also disadvantages that you should consider. Here also a more detailed article in Capital“Risky game“. After that you will know all the disadvantages and risks in detail.

• No right of co-determination (participatory loan)
• Capital commitment over a long period 5+ years
• Total loss when projects fail
• Too much participation – loss of overview

How does crowdinvesting in real estate work?

In the vast majority of cases, a property is to be developed (renovated or completely rebuilt).

With regular real estate investment, one would now specifically look for a partner for financing. With crowdinvestment, however, owners talk to the crowdinvestment platforms, which in turn take care of the distribution of the shares. Online platforms then broker real estate shares to investors.

This crowdinvestment platform then takes over the entire presentation to the individual investors and the owners can take care of their core business, construction and development. So with crowdinvesting, you don’t give a “typical” loan to the respective developer, you participate in the property with a participatory loan. This also means you have no say in the matter.

Participation in the real estate does not mean, of course, that you can move in tomorrow and take 0.5 square meters. The real estate will be managed afterwards, you are only a capital investor. From this you achieve a return in the form of the fixed interest rate and the profit-dependent distribution.

Once again the remuneration and payment:

• Fixed interest rate
• Profit-related distribution
• Participation in the exit case (sale of the property)

So a few euros become more and more.

Crowdinvestment provider

Which crowdfunding platform is the best? Where can you invest? There are various, reputable providers for crowdinvesting. Here is a small market overview. The minimum investments differ, depending on the projects on the platforms.

As a rule, the minimum deposits are between 100 and 1,000 euros.

List of providers:

• Bergfürst
• Crowdinvest real estate
• Scroogeinvest
• Engel & Völkers Digital Invest
• Exporo
• Immofunding
• InRento
• Linus
• Rendity
• Savings Bank
• Interest module

What makes real estate so attractive as an investment?

Does real estate investment make sense?

There is a second advantage from crowdinvesting, for you personally!

With every new real estate listing and offer, you get to know the real estate market and learn to evaluate properties accordingly. Be sure to read my article on calculating rental yields here, as this will allow you to calculate the attractiveness of real estate investments in advance.

Real estate is extremely interesting as a capital investment, due to many aspects. A very important reason for real estate as a capital investment, especially with regard to one’s own retirement provision, real estate is not subject to inflation. The material value of a property protects it from the devaluation of money. Looking at the inflation table and the development in the next 25 – 30 years shows that real estate has many advantages, especially compared to financial investments such as savings accounts or Riester pensions for retirement.

Inflation and demonetization: effects

Example: In 30 years, inflation will have risen to the point where the purchasing power of 1,000 euros will be minimized to only 600 euros. In other words, if you spend 1,000 euros in 30 years, you will only receive goods worth 600 euros today. So (circa) 40% less, after inflation.

• 1,000 euros in the savings book in 30 years = 600 euros real value

Now we come directly back to the advantage of a property as an investment. This is rented out. Accordingly, the tenant pays an equivalent value (rent) for the monthly use of the tangible asset (real estate). If money is worth 40% less, your tenant has to pay 40% more rent. Accordingly, the rental income increases from 1,000 euros to 1,400 euros. So (circa) 40% more, after inflation, respectively no real value loss.

• 1.000 Euro rent in 30 years = No loss (1.400 Euro)

So if you had invested your money in a financial product, let’s take the classic savings book, you would have had a real loss of 40%.

When you invest your money in real estate, you are protected from the effects of inflation. Even better, you additionally benefit from the increase in value of the property. Germany is a booming real estate market, not only in recent years, also when looking at the last decades.

The population is growing, housing is scarce.

This way you additionally profit from the rent increases.

No fluctuation like shares & Co.

Real estate also has the advantage that it is hardly subject to fluctuations. If you actively trade currency, invest in stocks or buy cryptocurrency, for example, you will experience constant fluctuations in prices. Depending on the type of investment, currency, stock or crypto, more or less. Leases are long-term, rent is transferred monthly and the amount remains the same, tends to even increase due to rent adjustment.

• Real estate is stable in value
• Real estate offers inflation protection
• Real estate values do not fluctuate (like stocks, cryptocurrencies, and other financial products)

Major construction site in Stuttgart, profit, thanks to crowdinvesting.

Equity: Entry into real estate investment

The biggest sticking point for most is equity.

Especially when it is no longer about condominiums worth 100,000 euros (15,000 euros equity), but about investments in large cities with apartment prices of 400,000 euros, 500,000 euros and more. For a property with a purchase price of 500,000 euros (including ancillary costs), you would have to have 75,000 euros of equity ready.

Equity share in the purchase of real estate: security of the bank

First, let’s ask the question:

How much equity do you need for a regular property?

The answer differs, especially according to the real estate location. A condominium in Munich, unaffordable for most, even in the wider Speckgürtel around Nuremberg, Freiburg.

It is no different in the other major cities, Berlin, Hamburg, Düsseldorf or Frankfurt. So the purchase price of a property varies extremely, between 50,000 euros (in C-location) and 400,000 (in B-location). Of course, more if we talk about very good micro-location within the A-locations. e.g. Munich-Mitte, Berlin-Mitte, Hamburg-Mitte, Düsseldorf-Mitte and so on.

Calculate equity ratio: Here’s how

Whether 50,000 euros or 100,000 euros, the bank requires for the financing of a property, usually 15% equity. Especially if it is your first property.

In addition to the purchase price of the property, there are also the ancillary purchase costs. Depending on the federal state, including land transfer tax, notary costs and land registry entry, the total is approximately 7% to 10% extra.

Service charges idR. 7% – 10% yes according to federal state + broker (if involved)

The fluctuation comes on the one hand from the land transfer tax, which differs in each state. On the other hand, the question, was a broker commissioned? Here, too, the brokerage costs differ depending on the federal state. In the case of a private purchase, the buyer and seller must each share 50% of the brokerage costs. Ultimately, this results in the total purchase price of the property, including ancillary purchase costs.

This is how you calculate the equity ratio:

• Financing request: 100.000 Euro
  (purchase price plus ancillary costs)
• Equity: 15.000 Euro
• Loan from the bank: 85,000 euros

Purchase price calculation with additional costs:

• Purchase price: 100.000 Euro
• Real estate transfer tax example NRW (6.5%): 6,500 euros
• Notary fees (1.5%): 1,500 euros
• Land register entry (0.5%): 500 euros
• Brokerage commission (3.57% [3,570 / 2]): 1,785 euros

Credit rating for financing: crowdinvesting as an alternative

Not everyone has the necessary credit rating for such a large financing. Even if the equity would be available. e.g. because regular income counts (self-employed). Even more, however, do not even have the necessary equity available. For those who do not want to wait, there is a great alternative, even to invest in real estate as an investment.

Many reasons that speak for real estate as an investment and if the equity is not yet enough, for crowdinvesting in real estate.

Residential neighborhood with many condominiums (new construction):

Find profitable real estate

Crowdinvestment does not take away from you the decision in which property you invest. Therefore, here again the question opened:

How to find profitable real estate?

You still have to decide for yourself in which property you want to invest your money. Perhaps you already know my detailed guide on the subject of buying your first property? Here you will learn about the different types of real estate, the difference between yield real estate and investment real estate but also (very important) the real estate yield.

The real estate yield is a simple calculation once you know and understand it. It looks at the investment amount (purchase price and incidental purchase costs) and the monthly income (rental income). The result is a percentage.

If this is above 6%, all costs are usually covered by the repayment of the financing, interest and reserves for maintenance. Any return above 6% means additional wealth accumulation for you. Accordingly, the real estate yield is an extremely important factor for real estate investors. Because with this single key figure, you can evaluate the attractiveness of a real estate investment, but also compare different investment properties with each other.

Let’s first look at the simple formula of rental yield:

Annual net income / investment * 100 = rental yield

The rental yield is subdivided once again into the net rental yield and gross rental yield. Where is the difference?

• Net rental return = incl. incidental purchase costs
• Gross rental yield = excl. incidental purchase costs

With this knowledge, you can act much better as an investor and thus find really profitable properties for your investment.

Once you have registered in a crowdinvestment platforms, browse through the individual investment properties and compare them based on the return. Of course, you won’t get 100% of the rental payments, but you will see the yield on all platforms. Now you know what it’s all about!

Earn rental income today with investments starting at 500 euros. My recommendation:

• InRento