“Cash & Flow”: Learning to invest

Aimed specifically at real estate investment beginners like you, the Cash & Flow podcast provides a comprehensive knowledge base. With new episodes regularly, this podcast presents a wealth of information that will help you make informed real estate investing decisions and improve your investment strategies.

Learning to invest: Immerse yourself step by step in the world of successful real estate investment. From choosing the right property to calculating returns and effective property management, all the important topics are covered. Valuable tips and proven strategies will help you realize the full potential of your investments.

Real estate management: A successful real estate investment also requires efficient management. In the “Cash & Flow” podcast, you’ll gain practical insights into how to effectively manage your real estate to generate stable long-term revenue. From tenant management to maintenance to leasing strategies, you’ll learn best practices and practical tips.

Current Topics: In addition to the basics, this podcast also covers current topics in the real estate industry. Stay up to date on new legislative changes and technological innovations such as the heating ban, heat pumps, solar panels and wall boxes. Learn more about trends and developments to stay ahead of the curve on your investments.

Listen to the “Cash & Flow” podcast on the following platforms:

• Apple Music
• Spotify

“Real Estate Wiki”: Explained simply and understandably

The podcast “Immobilien Wiki” was specially designed for real estate investment beginners like you, who want to specifically expand their knowledge of technical terms and basics of the real estate world. In this podcast, the most popular and most read articles from the Real Estate Wiki are presented in a short and understandable form.

Popular articles from the real estate wiki: The Real Estate Wiki covers a wide range of real estate terms and information. The Real Estate Wiki podcast selects those articles that are most requested and read by other listeners like you. Focus on the most relevant topics and specifically deepen your understanding of the real estate industry.

Availability: The podcast “Immobilien Wiki” offers you new episodes every day. You can find it for free on platforms like Apple Music, Spotify, Amazon, Deezer and many others. Whether you’re cleaning up, sitting in the car, or playing sports, you have the opportunity to conveniently expand your knowledge of real estate anytime, anywhere.

Listen to the “Real Estate Wiki” podcast on the following platforms:

• Apple Podcasts
• Spotify

Example: Deal Trading(Tipster).

Furthermore, the following podcasts are also recommended:

“L’Immo”: The E&V Podcast

“L’Immo” – The real estate industry is undergoing a transformation. In this podcast, you will hear leading minds talking about challenges, political decisions, approaches to solutions and new developments. Dirk Labusch and Iris Jachertz, editors-in-chief of “immobilienwirtschaft” and “DW Die Wohnungswirtschaft,” ask topical and personal questions. Stay informed about the real estate industry.

Listen to the podcast “L’Immo” on the following platforms:

• Apple Podcasts
• Spotify

Example: What the house and the cell phone will have in common in the future.

“immocation Podcast”: The YouTuber

“immocation Podcast” – Want to learn how to successfuly build wealth through real estate? Whether it’s as a retirement plan, as a foundation for financial freedom to enable early retirement, or as a full-time career: Learn how to invest in real estate! In this podcast, we share stories from our coaches and community. You can now also listen to selected YouTube series as a podcast and look forward to exciting exclusive content.

Listen to the “immocation Podcast” podcast on the following platforms:

• Apple Podcasts
• Spotify

Example: This is how you double the value of your property.

Real estate investment learning

For the past 5 years I have been writing many small and large guides for real estate investment beginners here.

• Buy first property
• Buying a condominium – tip for beginners
• What does yield mean?
• What does real estate situation mean?
• Existing or new construction?
• Real Estate Apps: Learn, Manage & Co.

“The Immopreneur Podcast”

“The Immopreneur Podcast” – Are you interested in real estate development and real estate entrepreneurship? Then “The Immopreneur Podcast” is for you! Here you’ll hear first-hand from successful real estate entrepreneurs about how they analyze their projects, close deals, and build their real estate businesses. Whether you’re looking to venture into real estate yourself or simply want to learn more about this exciting field, this podcast will provide you with inspiring stories and valuable insights into the world of real estate entrepreneurs.

Listen to the podcast “The Immopreneur Podcast” on the following platforms:

• Apple Podcasts
• Spotify

Example: Renting to Monteuere.

“Immo Insider”

“Immo Insider” – Dive into the world of real estate financing with the podcast “Immo Insider”. Here you will get comprehensive information about different financing options, tips on choosing the right lender and important as

pects you should consider when financing real estate. This podcast is an indispensable tool for anyone who wants to successfuly finance their real estate projects.

Listen to the Immo Insider podcast on the following platforms:

• Apple Podcasts
• Spotify

“Old But Concrete Gold”

“Old But Betongold” – Fabian Fröhlich, who describes himself as a likeable “doer”, gives easy-to-use tips on real estate, investments and entrepreneurship in his podcast. With his hands-on mentality and easy-going manner, he appeals especially to the younger generation who want to start immediately to achieve financial prosperity through clever real estate strategies. Although the podcast has not had any new episodes since 2021, the

old episodes definitely worth listening to and provide valuable knowledge for long-term success.

Listen to the “Old But Betongold” podcast on the following platforms:

• Apple Podcasts
• Spotify

“The Landlord Podcast”

“The Landlord Podcast” – This podcast is a valuable resource for all landlords and those interested in getting into the rental property business. It covers all relevant topics related to renting, including legal aspects, leases, tenant selection, tenant management, and optimizing rental income. Whether you are already a landlord or thinking about renting out a property, this podcast will provide you with practical tips and helpful insights to make your rental activities successful.

Listen to the podcast “The Landlord Podcast” on the following platforms:

• Apple Podcasts
• Spotify

“Real Estate Investor Podcast”

“Real Estate Investor Podcast” – This podcast focuses on sustainable real estate investing. Here you will learn how to find high-yield properties, which investment strategies are successful, and how to make your real estate portfolio sustainable. The podcast offers valuable insights into the world of sustainable real estate investing.

Listen to the “Real Estate Investor Podcast” podcast on the following platforms:

• Apple Podcasts
• Spotify

My recommendations for Apple, Spotify & Co.

Discover the best real estate podcasts and benefit from valuable information and practical tips. Listen to the “Cash & Flow” podcast to improve your investment strategies and the “Immobilien Wiki” podcast to expand your understanding of technical terms. With “immocation” there are strong investor stories from real life and with “L’immo” you also risk a look away from buying and investing.

These podcasts are available for free on platforms like Apple Music, Spotify, Amazon, Deezer and many others. Use your time effectively and build your real estate know-how step by step!

Advantages of a balcony solar system

Solar panels on the balcony are a great way to generate electricity while protecting the environment. This is because solar energy is a sustainable energy source that produces no emissions. In addition, it is inexpensive and easy to install.

A balcony solar system has many advantages. On the one hand, it is environmentally friendly, since it does not cause emissions. On the other hand, it is cost-effective, since the investment costs for a system are relatively low. The running costs for maintenance and servicing are also low.

In addition, a balcony solar system is easy to install. All you need is a solid substructure to which the panels can be attached. Even for laymen, the installation is usually no problem.

So, if you are considering whether to invest in a balcony solar installation, then you should carefully consider the above advantages. Because solar energy is not only environmentally friendly, but also inexpensive and easy to install.

Advantages of a balcony solar system

Balcony solar systems save money: By installing a balcony solar system, you can reduce your electricity costs by up to 80%. They are environmentally friendly: Solar power is a renewable energy source and thus contributes significantly to climate protection. You are independent: Solar power is generated directly on site and you are therefore no longer dependent on the price trends of the electricity market. You have a high return on investment: The investment in a Balkon solar system pays for itself after only 5-7 years.

The advantages of a balcony power plant at a glance:

1. Balcony solar systems save money
2. You live more environmentally friendly
3. You are more independent
4. You have a high profitability

Disadvantages of a balcony solar system

The disadvantages of a balcony solar system at a glance:

1. A balcony solar system is relatively expensive to purchase
2. The installation of a balcony solar system can be costly
3. A balcony solar system requires regular maintenance and care to function optimally
4. In bad weather, a balcony solar system can generate less electricity than in good weather
5. A balcony solar system takes up space and can interfere with the view

That to the pros and cons of a balcony solar system. Now my 3 recommendations on Amazon.

Recommendations on Amazon: My top 3

Many buyers, 4-5 stars in the rating, with these solar panels you can become self-sufficient.

EcoFlow: 400 W solar module

EcoFlow’s 400W solar panel is extremely powerful and can provide a significant amount of power to your power station. It is foldable and comes with a carrying bag with adjustable stand, so it can be transported comfortably. The solar panel is also very efficient and weighs only 16 kg.

• EcoFlow solar system

Dokio: 110-W solar module (up to 300-W)

The solar panel is super practical and can be folded to save space. Whether in your backpack, bike bag, car or camper: take this mobile power plant with you everywhere.

• Dokio solar system

Firefly: 100W solar panel

The solar charger from has a cell conversion efficiency of up to 23% and is particularly efficient due to our advanced manufacturing process. This results in improved output power compared to conventional solar panels. The unit is compact and easy to transport, so you can take it anywhere. The attached stands support the panel and allow you to adjust the angle to get the best performance. Three USB ports and two DC output ports give you more charging options.

• Firefly solar system

Extra Tip! Flexible solar model from Dokio

Have you ever seen this before? A flexible solar panel with 4+ stars. Balcony, caravan, on the road with the family – The semi-flexible solar module weighs only 1.1kg and can even be bent up to 30% due to its thin but robust cell structure. It has a special surface coating which protects it from external effects such as salt water, hail, rain and wind. It can be easily attached to eyelets or glued with adhesive. This makes it ideal for caravans, boats, curved and small surfaces.

• Dokio flexible solar system

Installation of the balcony solar system

Installing a balcony solar system is relatively simple and can usually be done by anyone. However, there are some points that should be considered before starting the work. First of all, you should find out the size of the system and make sure that you have enough space for installation. Secondly, one must make sure that the plant is installed on a stable surface so that it cannot fall down. Thirdly, one must make sure that all the components are properly connected before connecting the power.

After learning about the above points, you can start installing the balcony solar system. First, you should place the solar system in the desired location on the balcony and make sure that all components are present. After that, one should fix the solar cells on the surface and then make the connection between the solar cells and the inverter. After everything is connected, you can connect the power and put the system into operation.

Installation: Instructions in 6 steps

The instructions in short:

1. Determine position for solar system (direction of sun)
2. Secure / clean area for installation
3. Measuring, procuring tools
4. Frame installation
5. Install solar panel
6. Connect solar system

Determine position for solar system (direction of sun)

Step 1 – Determine the best position for the solar installation on your balcony. Take into account the course of the sun and the shadows cast by other parts of the building to achieve optimal results.

Secure / clean area for installation

Step 2 – Make sure the area is safe and complies with the manufacturer’s instructions. For example, check that there is no dirt or that there is an obstacle nearby that could interfere with mounting.

Measuring, procuring tools

Step 3 – Measure all components again and obtain all necessary tools and materials.

Frame installation

Step 4 – Start installing the frame towards the sun and adjust it based on the size and angle you measured. Make sure the frame is securely fastened; check its stability several times, especially in the wind.

Install solar panel

Step 5 – Now install the solar modules on the frame and connect them with cables. Make sure that all connection contacts are securely insulated and that the connection plugs are free of interference – loose modules can cause damage!

Connect solar system

Step 6 – Finally, attach the inverter, connect it to the power grid and regulate the voltage transformers for maximum efficient operation of the system. At the end, test again all the functional units of the solar system for proper operation!

Maintenance and care of the balcony solar system

Maintenance and care of the balcony solar system is relatively simple and straightforward. All you need for this are a few utensils and means that you can find in any household. First of all, you should regularly inspect your system and check if everything is in order. To do this, you just need to look on the balcony to see if all the components are in place and do not have any damage. Also, you should check if the plant is completely covered, so that it can not be damaged.

Additionally, you should clean your system regularly to prevent dirt or debris from building up. There are several ways to do this: First, you can wash the system with lukewarm water and then rub it dry with a cloth. Alternatively, you can also use a mild cleaning agent to clean the system. However, make sure that this agent is not too strong and does not have any negative effects on the components.

Cost-benefit analysis of the balcony solar system

A balcony solar system can pay for itself in the long run. Buying a solar system is an investment and can pay off for the owner in a number of ways. The savings from operating the system can be significant if you choose the right size and make good use of the energy generated.

Cost of installation by craftsman

The cost of a balcony solar system varies depending on the provider and type of system. On average, a fully installed balcony solar system costs between 8,000 and 12,000 euros. However, there are numerous factors that influence the price, such as the size of the system, the cost of the installation process, and any government subsidy programs.

In terms of savings, it is estimated that a balcony solar system can save approximately 10,000 to 15,000 euros in energy costs over its life cycle of about 20 years. Depending on the particular consumption and the efficiency of the system, this value may vary. The savings are greater the more electricity is produced, so it may make sense to invest in a slightly larger system than originally planned.

Cheap balcony solar power systems: do-it-yourself installation

If you are looking for an inexpensive way to generate electricity on your balcony and at the same time want to learn something new – why not think about building a solar system? With Amazon’s wide range of high quality products, it’s fast and cheap!

Above you will find my tips for solar systems with good reviews!

Mitigate long-term environmental problems

In addition, there are other benefits to installing a balcony solar system: For example, solar systems help conserve fossil fuel sources and reduce carbon emissions – which, in turn, can help alleviate long-term environmental problems. In addition, individuals with solar systems can generate revenue by “pumping” excess electricity into the public grid. This concept is known as grid parity, and it makes it possible for homeowners to earn money by selling their solar energy to underserved regions or giving it to other homeowners.

Investment costs and long-term savings

Although the initial investment in a Balkon solar system is high, it offers many potentials for financial savings and positive impact on the environment and the community – making it a worthwhile investment. With rising energy prices, it has become increasingly important to use alternative energy sources – making it even more important to invest in solar systems to reap the benefits of clean energy production!

Solar in the electricity mix: annual increase

Here you can see the share of photovoltaics in gross electricity generation in Germany from 2002 to 2021, which is rising and rising. Each new solar module feeds more into the system.

You can find more statistics at Statista

Almost no Income Tax: New York Times

I myself have been dealing with finances for a long time. Why? Finances are a matter for the boss. Your tax advisor is often only “consultant”, not “designer”, I know that from my own experience. Then the New York Times had a headline yesterday:

Story: 750$ Income Tax

“Donald J. Trump paid $750 in income taxes (or federal income taxes in the United States) in the year he won the presidency. He paid another $750 in his first year in the White House. In 10 of the previous 15 years, he had paid no income taxes at all-mainly because he reported losing much more money than he earned.”

While the president is leading a re-election campaign, which according to polls is in danger of losing, his finances are under stress, he has suffered losses and hundreds of millions of dollars in debt, which he has personally guaranteed, are coming due. He is also under pressure from a decade-long dispute with the Internal Revenue Service over the legality of a $72.9 million tax refund that he demanded and received after declaring large losses. A negative ruling could cost him more than $100 million. – Extract New York Times.

At a briefing at the White House on Sunday, Trump denied the New York Times story and claimed that he pays “a lot” in federal income taxes.

“I pay a lot, and I pay a lot of federal income taxes” – Donald Trump

Trump added that he is willing to release his tax returns as soon as he is no longer audited by the Internal Revenue Service, which, he said, “treats me badly.”

Must a US president disclose his tax return?

Importantly, the President is not required to keep his tax returns during the audit, despite his repeated assertions to the contrary. Trump also refused to answer in the briefing how much he paid in federal taxes.

Tax Avoidance: How does he do that? 4 examples

The Times article describes a number of corporate and transactional tax claims that could raise significant audit issues for the president and his business organizations. It also points out ways in which the tax laws provide for entrepreneurs to reduce their taxes.

Note, for further details see the full article on Investopedia. Here are 4 examples from the article:

Casino ‘Waiver’ Loss

The Times’ research puts certain tax reduction strategies on Trump’s tax returns in the spotlight.

The $70.1 million refund received for 2005-2007 appears to be due to the recovery of approximately $700 million in business losses claimed for 2009. These losses were probably based on the allegation that Trump Atlantic City’s casino business was completely “abandoned” (Source: IRS. “Publication 544 (2019), Sales and Other Dispositions of Assets. Accessed Oct. 1, 2020).

They would be permissible provided Trump received nothing in return for giving up its interest in the business. However, records of the bankruptcy proceedings show that Trump received 5% of the shares of the successor company, which would have disqualified any loss from the abandonment and limited its deduction to a loss of $3,000 for the year (source: IRS. “Part I, Section 165. Losses.” Accessed Oct. 1, 2020)

Consulting Fees vs. Employee Compensation vs. Gift

Unspecified “consultancy fees”, which can be seen in tax returns, may indicate a common strategy for reducing corporate income and taxes. The $747,622 in consulting fees paid to Ivanka Trump raises several questions. As an employee of the Trump organization, Ivanka should not be paid as a consultant, that is, as an independent contractor.

Unlike employee compensation, consultant fees avoid withholding taxes that are payable by the payer. But in order to be deductible, they must be reasonable, marketable amounts. Although a consultant is subject to reporting and taxation, Ivanka may be able to avoid any tax liability. As a real estate professional, Ivanka may have enough real estate losses to offset the payment. This fee deduction may cause the IRS to raise another issue. Officials may question that the fee – which far exceeds the annual gift tax exemption of $15,000 for 2020 – is in fact a transfer of assets to a family member on which the transferor owes gift tax (source: IRS. “Publication 950.” Accessed Oct. 1, 2020).

Business vs. Personal Expenses

Although not all Trump’s business expenses are explained, the article lists items that may be non-deductible personal expenses (source: IRS. “Publication 529.” Accessed Oct. 1, 2020)

It is noted that on this basis, the IRS may not allow deductions for aircraft used for personal travel and television entertainment expenses. Since the deductions for attorneys’ fees are stated as a lump sum, The Times wonders if the total amount includes fees paid to attorneys representing Donald Trump, Jr. in investigations and the President’s personal legal agreements to obtain confidentiality agreements from the plaintiffs.

Residence or Investment?

The Trump Seven Springs housing estate in Bedford, N.Y., asks additional questions. Although Forbes reported that Eric Trump described the property as a personal residence, Donald Trump called it an investment and deducted the $2.2 million property tax as a business expense. Wealth tax deductions for personal residences are subject to a $10,000 cap on state and local tax deductions (IRS. “Topic No. 503 Deductible Taxes.” Accessed Oct. 1, 2020).

Reading tips: Asset Accumulation & Co.

Here I have some reading tips for you:

1. “Billion-dollar gift: shares largely tax-free”
2. Taxes & Assets: learning from investor experiences

“Billion-euro Gift: Ahares Largely Tax-Free”

“Billion dollar gift for Döpfner – largely tax-free?” – this headline is not from me, but from the morning mail. In fact, Matthias Döpfner has turned the publishing house upside down as boss. While owner Friede Springer stands confidently behind his decisions. Print shares were sold, new online media such as Business Insider, Idealo, Immowelt and StepStone were acquired. Already in 2012 Döpfner has received a big share package for more than 70 million Euro, now a “billion-dollar gift” for the Axel Springer boss is going to go, according to Manager Magazin. The 57-year-old media manager is increasing his previous stake in Axel Springer SE from just under three percent to a total of around 22 percent.

Tip! How does it work that you can get a block of shares almost tax-free? A little further down in the article I explain the methodology, or rather the law behind it.

• • Give away shares: largely tax-free?

Understand and Convert Taxes & Build up Assets

Tax optimization, tax-free, the most popular buzzwords when it comes to wealth accumulation. But how do you actually convert private wealth into taxes? My tip, as before, is to learn from professionals who have all been through it.

Always remember: taxes are a matter for the boss.

• Convert taxes into private assets