Experiences of Alex Fischer: Real Estate, Finance and Taxes

If you want to be successful in life, including professional success, you need more than “just” goals. Much deeper lying is one’s own mindset and one’s own ideals, which build up and manifest themselves in life. Decisions depend on our ideals. Fortunately, these ideals can be changed, corrected, even completely torn down and renewed. All this with the goal of becoming happy, success not only privately, but also at work. But before it comes to money and your first property through generated equity, real estate millionaire and author Alex Fischer, in the podcast of “Reicher als die Geissens”, gives a deep insight into the topic of mindset and ideals. Your prerequisite for success!

Reading Tip! Field report tax coaching

I love taxes! That’s why I was perhaps one of the first to buy the new tax coaching by Alex Fischer. In my little “insider report,” I’ll tell you about my experience. In a nutshell:

1. You need a stable annual income of 50.000 Euro+ then “saving taxes” is really fun.
2. It’s lots and lots of concentrated knowledge. Be prepared that you will need weeks to operationalize it in your company (or privately) (PS: If it were easy, anyone could do it).
3. Your accountant manages your bills, tax preparation is absolutely the boss’s business, you know your individual assets best

If that doesn’t scare you off, here’s how to get to the article:

• Alex Fischer Tax Coaching Experiences

Should you ever want to check out the tax course for yourself: Here you’ll learn how to build a cash-flowing million-dollar fortune with just brains alone, making your life more and more relaxing. Reminder: It doesn’t happen overnight!

• Alex Fischer Tax Coaching – Application
• Tax Coaching Experiences – Participant Interviews

Career Podcast & Coaching for your Bucket List

Those who pay a lot of taxes have success. If you want to be successful, you need a foundation. “Richer than the Geissens” needs to be on the bucket list for anyone looking for success. Top 2 on Amazon for career, 200,000 readers, the numbers speak for themselves. When I first streamed the audiobook I thought I would be through it in a day, far from it! What you learn in this book are long term strategies that take time to work. Basically, it’s about becoming successful with real estate within five years with €0 equity.

The podcast contains so many universal and timeless recipes for success! It’s best to write along and always take diligent notes while listening. Here is a very memorable quote from Alex Fischer from these episodes that I made a note of:

“Strengthen your strengths!” – Alex Fischer

Here I want to point you once again to the universality of the audiobook “Richer than the Geissens”. For private individuals, employees but also entrepreneurs who already generate decent cash flow, the book and audio book is a strong and (for the subject) compact guide.

Success in life (and in business)

But before it comes to building cash flow, matching cash flow, equity and your very first property, you must first work on yourself. After all, you are the architect of your own happiness.

In order to make good decisions, you need knowledge. This knowledge is based on situations, values and conversations you have experienced in the course of your life. So you make decisions every day based on what you know. Now the big question is: Do you learn by trial and error, trying to explore all avenues yourself, making mistakes, losing time, maybe even going bankrupt as a self-employed person, or do you learn from those who have made it?

Exactly! If you want to succeed, you need to adopt structures and mindsets from people who are positive role models for your goal. Learning from those who have succeeded is always a good strategy, especially to avoid your own mistakes. The less equity you have, the greater the risk of failure for you.

So before you “make money” start with the absolute basics, your mindset and ideal.

In this review, I’m going to take you through a few of the less but key learnings from the first chapters of the free audiobook of “Richer than the Geisses”. You want to be successful? Then definitely get the book or listen to the free podcast by Alex Fischer.

Mindset for your life and entrepreneurship

What goals drive us as people, but also as entrepreneurs? In episode 6: Your personal real estate opportunities, Alex Fischer goes into the very basic goals that drive us, especially with regard to real estate. If you listen to the podcast “Richer than the Geisses”, you have one goal in particular: making money in real estate. Later in the podcast, it goes much deeper into your mindset. At the beginning of the podcast it is called “Recognize your personal opportunities in the real estate market”, that is, which segments, opportunities and goals are meaningful for you personally?

What is your individual goal?

In the podcast, Alex Fischer lists many different motives that can drive you, from a carefree retirement to cash flow through real estate in a big way. You want:

• Supplement your future retirement as effectively as possible,
• Convert taxes and duties into private assets,
• Earn or make a living with real estate brokerage,
• Generate additional cash flow before retirement,
• Be able to live out of the cash flow of the rental income or
• Like Alex Fischer, making a living in real estate.

These are just some of the goals and possibilities that people want to achieve. Specific goals help you in general, think about what is really important to you. This way you can achieve one goal at a time. For many who are at the beginning of their own career, it is very helpful to think about your own ideas early on before you invest a lot of time without having a concrete goal in mind.

So there are many ways, which depend on your goals on the one hand, but also on your own personal requirements. This includes, of course, and above all, equity capital. If you want to have entrepreneurial success, investments are inevitable.

According to Alex Fischer, there is much more here, because there is always a goal behind the goal, your purpose. But before Alex Fischer goes deeper in the podcast, it’s about the basic question: What would be your, personally important 3 real estate goals and what is your goal behind the goal? You want to understand what that means in concrete terms? Then listen to episode 6: Your personal real estate opportunities of “Richer than the Geisses”.

You can find these and other goals in Alex Fischer‘s member area. In addition, there are concrete study and learning tips on how you can individually reach your goal – quickly and effectively. All methods and steps have been tested by Alex Fischer himself. Orientation, overview, process. An extremely exciting path with a lot to gain.

Does money make you happy?

Goals are great, the first goal of many entrepreneurs is financial freedom, which means equity and previously cash flow to be able to build equity for themselves in the first place. Money, money, money. Alex Fischer raises the question in episode 7: Does money (really) make you happy? Alex Fischer gives a clear and direct answer: no, if it did, everyone in Hollywood would be happy. But it’s not like that.

Alex Fischer writes and talks about moments of success in episode 7. Creativity and design as true lucky charms.

Moments of success: Just not for yourself

This is followed in the book by great examples of great success moments that Alex Fischer has experienced, like many other celebrity examples. Great moments of success that were only supposed, mostly for the outsiders. For oneself, the world looks very different. He shows this with amazing examples that I have never heard before.

Alex Fischer shows how, for example, Formula 1 legend Michael Schumacher, mountaineering legend Reinhold Messner, but also tennis legend Boris Becker in their greatest moments, personally felt no success and that on their absolute peaks of success. Schuhmacher cried at his first victory in Monza. To this day, he is the most successful driver Formula 1 history has ever seen. He holds the record of seven world titles with 91 victories. His first victory ended in tears, but not of joy. Check out all the stories in the podcast here, in episode 7: Does money (really) make you happy.

Reinhold Messner, Boris Becker and Michael Schumacher

When Reinhold Messner reached Mount Everest, he “felt nothing but emptiness and even fell into a depressive mood”. When Boris Becker won to become number 1 in the world rankings, he left the stadium without a word, sat down by a nearby river and cried. Alex Fischer himself had to go through the same experience. 2.7 million with one signature. At the first property he was still completely euphoric, at the next one with 2.3 million not, not at all. He liked the property. So how can you make 2.3 million profit with one signature and then be unhappy?

That sounds familiar

Personal comment: As an entrepreneur, I know the feeling too, especially when you start young. As a young entrepreneur, you get excited about your first 4-figure deal, your first 5-figure deal, your first 6-figure deal. In the beginning I also thought that the feeling of happiness increases exponentially. At the first 4-figure deal the happiness was huge, at the first 5-figure deal it was huge, at the first 6-figure deal it was manageable, and so on. In fact, the feeling of happiness does not increase in proportion to the growth of income. There has to be more!

Money? No, creativity and design

Alex now uses an example to describe very nicely what it’s all about. It’s not about money, it’s about design and creativity.

Alex Fischer answers the question: “What is happiness?” with a key experience. A little neighbor boy built a perfect snowman, with foundation, carrot nose, everything a good snowman needs. Why? Because. After 5 minutes, they tore the snowman apart with the same enthusiasm. Immediately after, he began to build an igloo. This is where Alex Fischer understood what it was all about:

“It wasn’t the ownership, or the managing of something. It was the creative process of making it that gave the satisfaction and joy.” – Alex Fischer

Video: Implement business idea

How to best implement your business idea

Positive thinking: Mindset

Fundamentally, achieving your goals is about having a positive mindset. What do happier-than-average people have in common? They take their life, work, but also their relationships playfully, according to Alex Fischer. Why were Alex Fischer, Boris Becker, Michael Schumacher and also Reinhold Messner themselves sad?

“It was success that killed the game.” – Alex Fischer

Repeating this game is boring and no longer gives the same satisfaction. It feels like it’s all downhill from here on out. So “just” making more money doesn’t make you happy anymore. The big question:

“What makes you fun? What makes you happy?” – Alex Fischer

Basic rules by Alex Fischer

His ground rules from episode 7 on the “Richer than the Geissens” podcast:

1. Happiness comes from a creative, extroverted process (such as building a snowman, creating something of value).
2. Without interest in the environment there is no happiness
3. Increasing income only makes you happy to the extent that it removes obstacles that restrict you in your basic needs (financial freedom).
4. The more valuable your own contributions to the environment seem to you, the higher the level of happiness will be.
5. The more you do for your environment and help it, the higher is the personal satisfaction from it.
6. Without a challenging goal, happiness doesn’t seem possible
7. If the challenging goal is reached and there is no new one in sight, you will be unhappy (you need a new goal).

These rules show why the “rich and beautiful” are often not happy. They no longer have a new goal that is out of reach for them. What a powerful insight. Financial freedom alone will not make you happy. What will make you happy is achieving new goals yourself. For yourself and those around you. As Alex Fischer says, “Self-esteem is the foundation of self-confidence.” This is also where you will learn a lot in the later episodes of Part 3. There it’s all about your resource list and strengths list. These assets, combined with your Purpose (the big goal) and the Industry Niche List, will show you the most effective way to achieve financial freedom and happiness.

A positive mindset is what matters! Insights from “Richer than the Geissens” by Alex Fischer, episode 7: Does money (really) make you happy?

Reason and ideals

The fifth chapter of the book or episode 10 in the podcast is about your own mind. Episode 10: How your mind evaluates and what tricks it plays introduces the topic of “ideals”. Simply explained with an example in the audio book: A child, for example, cannot deal with money, it has no comparative values yet. Our own mind constantly compares new information that we perceive with old information in order to be able to assess current, new situations. It is the same in business. Are 1,000 visitors to your online shop per month good or 100,000? Without a reference to what you have already learned (analyses from software, conversations with people from similar industries, etc.), you cannot make a statement about whether the number of visitors in view of the market is good (ideal) or not. So the principle of one’s own ideal is very fundamental for evaluating situations in everyday life.

Each of us has ideal ideas that have developed in areas of life such as relationships, business, money, and much more. We look at the situation, compare it with the ideal state and find similarities and deviations. Alex Fischer shows this with financial transactions: His goal was to earn as large a sum as possible in one go. Opportunities with low but regular income were uninteresting to him. It did not fit with his ideal.

But can these ideals also be wrong?

Example: Ideals in a relationship

Example partnership, he writes: Lifestyle magazines often paint a false picture of partnership. For example, “butterflies in the stomach, even after 10 years of relationship”. Then he refers to a woman. This woman has a perfect husband, he makes an effort, shows affection, but the butterflies in her stomach are gone. Her consequences: she compares her relationship with the ideal image she created before. As a result, she ends the relationship. The butterflies in the stomach came because of the insecurity and the uncertainty of what the new partner and the new relationship will bring.

Remember: “False ideals lead to fatally flawed decisions.” – Alex Fischer

We constantly compare situations with our ideals. Questioning and exploring your own ideals can protect you from making the wrong decisions. Alex Fischer provides further examples, for example from the financial sector around known, non-existent and unconscious information. You must recognize and correct false ideals. Alex Fischer sums up: Pay attention to the fact that you have the correct ideal conceptions in the individual ranges of your life if possible. Wrong ideals lead to wrong decisions. Information that you do not have (white information), you should uncover and correct.

You can hear the examples and much more on the subject of ideals in episode 10: How your mind evaluates and the tricks it plays.

Happiness outside the comfort zone

Rising above fears, above the unknown, makes you happy, says Alex Fischer in episode 11: Happiness lies outside the comfort zone. Because happiness lies outside the comfort zone. But in order to leave your comfort zone, you have to find the right motivation first. Very few people leave their familiar terrain.

The comfort zone is around you, like a fence. What can you do? What do you dare to do? As you learn in the book or podcast, just managing it doesn’t make you happy. “Sure, the fence has advantages. Inside is safety, outside is potential failure.” But safety also means boredom and eventually thoughts like insecurity arise, because you have to protect what you’ve achieved. Beyond the fence lies happiness. The fence can be protection or a “gateway to new happiness and abilities.”

It can be extremely enriching for you personally to deal with the dare and of course also the risk by going beyond your own comfort zone. Set yourself a goal, divide it into small stages.

If you decide for “new ways”, then I have here another small personal story, fit to a quote of Alex Fischer from part 2 of “Richer than the Geissens”. One’s values determine which people one attracts. A friend of mine, who now owns a few properties of his own when he is under 30, also started looking for apartments early on, specifically in the vicinity of successful people. He himself is from Cologne and then, for example, took an apartment in the Kran haus, where stars like Lukas Podolski (national team) are supposed to live. Accordingly, his day started with the elevator to the underground parking garage, where he had small talks with neighbors, and downstairs there were Porsches, but also two Ferraris. This is not to show how important material value is, but to show how you can change your own mindset, according to Alex Fischer, through your own actions.

“People surround themselves with people who have the same values.” – Alex Fischer

Symbolic interactionism

The next episode is difficult to summarize in a few words. It is about individual perception and common tuning of symbols. An extremely exciting chapter that you can listen to here, episode 12: What I can learn for life from traffic rules. Briefly described, it’s about “symbolic interactionism” using a parable, traffic signs. Traffic signs are well defined and by learning them intensively, there is no chaos on the roads. Alex Fischer now goes to the level of language, because such symbols can be traffic signs, but also words. Words are just as precisely defined, you can find their definitions in the Duden. So we don’t have to speculate when we hear a word. We know what it is about when we read or hear a certain word, in a certain context.

We learn the symbols in the course of life. Traffic symbols through the driving school teacher, words for example through our parents in childhood. We take this information and assign it, so it becomes afflicted with symbols and meanings. If you remember the example of the relationship (above in the article), it is especially our ideals that cause wrong decisions when we match wrong facts with new situations, in the example it was the butterflies in the stomach, like on the first day and that after more than 10 years of relationship. Therefore, the couple’s goal must be to align their own symbols and value through joint conversations. So that false ideals are corrected. An extremely exciting chapter that you can listen to here, episode 12: What I can learn from traffic rules for life.

I can also recommend this tip to all entrepreneurs for their team:

Through common conversations, align one’s symbols and values.

The learning of these individual capital is large. Before you can name goals concretely, you have to take a look at mindsets and ideals. They accompany you all day, even at night in your dreams. If you go to your goal (your purpose) in the later episodes, then you will certainly have to correct some of your own ideals or even throw them overboard. It will also be extremely interesting in the later episodes regarding “money” and “earning money”.

You want more and deeper information about money, happiness and mindset? You can find more on the Youtube channel. Here you can also find many of my lectures that have been published on other channels: Alex Fischer Youtube.

Video: Strategic planning

In this video by Alex Fischer you will learn how to go through the ceiling with the right strategy.

Part 2: Happy without goals? Your Purpose

The second part is about the Purpose according to Alex Fischer. What that is, I explain to you in this review. The Purpose is the basis for pretty much everything in your life. It helps you to make the right decisions: for yourself, for your success and also “for” your environment. A big part of success is the automation of certain processes, but also your own financial patterns. All this draws its energy from your Purpose!

Your Purpose: Why you do something

As you learned in the first part of the review of “Richer than the Geissens”, you have to deal with your own mindset before building up (passive) cash flow, equity and buying your first property, in order to become truly successful. After our look at ideal mindsets, now for our second part, your Purpose according to Alex Fischer. What that is, I explain to you in this review. The Purpose is the basis for pretty much everything in your life. It helps you to make the right decisions: for yourself, for your success and also “for” your environment. A big part of success is the automation of certain processes, but also your own financial patterns. All this draws its energy from your Purpose!

Alex Fischer starts off by asking, “How the hell do you find your Purpose?” Episode 16, How to Find Your Purpose is about how you’re no longer “just” pursuing goals. You’ll learn what that means in Episode 16, here’s a little insight:

Henry Ford, Steve Jobs: Visions

Henry Ford’s dream was that everyone should drive a car. With the assembly line, he transformed the car into a mass product for everyone.

Steve Jobs wanted to give everyone a tool to make a dent in the universe. Currently, Apple ranks as the most valuable company on Wall Street with a stock market value of $920 billion. With computers, MP3 players but also the smartphone, Apple revolutionized the digital entertainment and mobile phone industry.

Steve Jobs Spirit

What is palpable episode after episode is the spirit of Steve Jobs. He not only changed the world, but also a part of Alex Fischer’s world has influenced the legend. You can feel that and so there’s also some business wisdom from Steve Jobs and insights into the structures of Apple – at times the most valuable company in the world at the moment. Alex always thought Apple’s vision was great. Apple changed a whole generation:

“Our customers are the creatives and rebels. We build the cool tools for them to make a dent in the universe.” – Apple Inc.

Alex gives the tips right here that you need to know in order to have the knowledge to put dents in the universe. What you learn here in the book: to build a real freedom and money machine. Knowledge that is often missing in academic paths:

Applicable, financial and entrepreneurial education. The missing specialty, success in life.

When motivation is lost…

Henry Ford and Steve Jobs had found their purpose. One wanted the car for everyone, the other wanted its users to be able to “make a dent in the universe”.

Alex Fischer also had a moment in life, as he describes in episode 16 How to Find Your Purpose, where he lost his drive. He had achieved his goal, he makes a lot of money in real estate. Alex Fischer had found a way to make a lot of money, real estate that is, but he still lost the motivation to get up in the morning. A real problem that every businessman knows. It makes you sluggish and demotivated. The reason for a burnout, according to Alex Fischer.

Being happy without goals?!

In the section “Being happy” Alex Fischer found out that it is above all about pursuing one’s own personal, challenging goal that is as helpful as possible for one’s environment. Conversely, this means that if you stray from your goal, you will not feel any happiness or pleasure and you will eventually hate what you are doing.

If you think about goals, then especially about those that you have not achieved. Now comes the big kicker, the brilliant idea. His thesis:

“Happiness is on the opposite side of what I don’t want.” – Alex Fischer

By writing down in a structured way the things you don’t want, don’t like, even hate, in a list, you can find exactly the things you want. So you can use the negative thoughts to formulate exactly the opposite of what you want.

Is “target” the same as “goal”?

Here’s a quick insert from the later episode of “RADG”. In German, the word Ziel stands for the achievement of something. In English there are many definitions, which describe a goal, but are to be interpreted quite differently. “Aim”, “Target”, “Goal” but also “Purpose”. Purpose means “purpose”, “to intend something” or “to achieve something”. Purpose, however, is also translated as “task”, and even as “destiny”.

So how do you find your Purpose?

What’s the big deal about when you’re looking for goals? I know this story from Alex Fischer all too well myself. When you think about “goals” and where you see yourself in the future, you often only find the goals you haven’t achieved. It’s frustrating.

Alex Fischer makes a virtue out of necessity, that’s how Alex Fischer got on his “hate list”.

Explained briefly: Alex Fischer wrote a list of things he no longer feels like doing. So that they are no longer floating around in his head, but written down. The name of the list:

“What I don’t like to do. What I don’t like to do anymore. What I really hate to do!” – Alex Fischer

While writing it, he realized as hard as it is to find things you want to do (goals mindful of all the ones you didn’t accomplish), it was easy to write down things you no longer want. The Dislike List. The big advantage of this list, by having all that out of his head now on paper, he feels “free as never before”.

The trick: Things you hate, things you love

Here’s the kicker. Take the things you don’t like and turn them into positive beliefs. An example from the book: “I don’t like doing the same thing over and over again”. Conversely, “I like to figure out and apply new things over and over again”. Or “I hate giving my advice in sales to people who don’t appreciate it”. Conversely, “I love giving advice to people who appreciate that advice”.

This makes it clear what you enjoy and what you don’t. It quickly becomes clear to you and also to Alex Fischer that it wasn’t the job that you didn’t like, but only individual aspects.

How to make your Dislike list

1. Set up a 2-column Word document or fold a Din-A4 paper upright in the middle.
2. Label the left column with the heading “Things I don’t like, frustrate me or hate to do”.
3. Start writing down everything you don’t like in the left column until you can’t think of anything else. Take all areas of life, not only the job, also relationship, family, friends, hobbies, etc..
4. If you really, really can’t think of anything else, you should have several pages by now – hint: Alex Fischer had 3 pages
5. Sort similar things and put them under a common denominator such as the heading “Things I don’t like because I feel overqualified for them”. But leave all the individual points underneath, you will need them later to go into detail when working through them.
6. Only when you really can’t think of anything else and the elaboration including headings, summary, then go to 7.
7. Now rephrase the points on the left bluntly, without thinking objective or problems. That is, exactly the opposite, on the right.
8. After completion, look again over all the points formulated
9. Think now for the first time about your purpose, from this you create your formulations (explained in more detail in the podcast or book).
10. … listen to the other 6 points in the podcast: How to find your purpose.

In the podcast and book, Alex Fischer goes into great detail about working out, giving examples and best practices from his life. Tip. In the podcast you also get current, further notes, which are not found in the book!

Ingenious: How to change your mindset

Alex Fischer realized that he didn’t hate his job (dealing in real estate), just individual areas. This led to insight 2): Categorize your individual bullet points into higher-level categories under which multiple bullet points can be grouped. From this comes number 3) mirror these findings to find out what you like and want. A very simple example: “I hate bad weather”, on the contrary” I love good weather”. What a realization!

What a realization! But more on that in a moment.

The transformation of negative beliefs into positive ones. So I can turn my own mindset around and now know how to focus negative thoughts and reformulate them into positive beliefs.

Video: How to get more done in less time

Alex Fischer at Networxvision’s Superhero event.

Experience that will help you as an investor

“In 5 years without equity to the real estate millionaire” – here you get the right and important tools for a happier and more fulfilling life, also through financial freedom. Alex Fischer lives it, with real estate he has long provided for himself. His focus is to pass on knowledge, strategies and success stories. An extremely inspiring audio book. You want more Know How? If you want to learn more principles, strategies and methods, you should take a look at Alex Fischer’s YouTube channel. Here you can find playlists sorted by topics to learn everything online. In addition, you can find further links to slides and checklists here on YouTube – these documents are also completely free, without an email address. Tip! In the free members area you can get the 27 strategies Alex Fischer has extracted after more than twenty years of experience, compressed in an 11-page PDF as a checklist.

“Richer than the Geissens”: Book and audio book

With over 200,000 readers, “Richer than the Geisses” is mega successful, for good reason. It’s also in the top 100 on Amazon! In a nutshell, you get 43 timeless laws of success that will make you more successful financially, professionally and personally. You’ll learn to achieve your goals, to “materialize” them (you’ll learn what that means in the book). You get exact step-by-step instructions to your own personal financial freedom. So you avoid really frustrating mistakes right at the beginning. As a private person and/or as an entrepreneur, you will learn from Alex Fischer how to avoid these fatal mistakes and at the same time follow your passion – every day! In total, the book contains hundreds of learnings that will specifically help you lead a happier and more fulfilled life. Best of all, you can get the audiobook for free on Spotify and iTunes!

• Audiobook on Spotify
• Audiobook on iTunes
• Book on Amazon

Tip. Taxes are a matter for the boss (Online Coaching)

I’ve looked at a lot and have a favorite: Alex Fischer. Self-made real estate millionaire, down to earth, focused, very clear in his thoughts, ideas and structures. I’ve been following his Youtube channel for a long time. Then came his book, with stories and experiences from himself: Richer than the Geisses. Now the book is available for free, yes free! Therefore, here is my extra tip for all who also have the desire to make money with real estate.

Learn how you can build up a cash-flowing million-dollar fortune and thus make your life more and more relaxed, just by using your brains alone.

• Tax coaching experiences: Alex Fischer

Der Beitrag Money, finance, cash flow, tax coaching and 7 basic rules: Experiences of Alex Fischer erschien zuerst auf ℄ Real Estates.

Insurance for house construction – for your safety

Most people are not aware that builders are generally liable for damage and accidents regardless of actual fault. Some insurances must therefore be taken out in advance to protect against risks so that the dream of owning your own home does not become a nightmare. But which insurances are obligatory to take out before the start of construction so that you can protect yourself?

Builder’s liability insurance – protection against accidents

Although your home is normally built by an external company, you are still liable for any damage caused by the construction site. If the excavation pit is not properly secured and a child falls in and breaks an arm, you are liable for the damage, even though it was not your fault. As the builder, you are legally obligated to ensure that the construction site is safe and to restore it if necessary. Private liability insurance does cover such damage, but only for very small construction sums up to 50,000 euros. In the case of a conversion or modernisation, this sum is sufficient, but you cannot build a new building from it. Therefore, protect yourself in advance with a so-called builder’s liability insurance. This takes over such damages and covers a building sum of usually 250,000 – 300,000 euros. Better be on the safe side, because an accident can happen faster than you think. Even if you have convinced yourself of the safety, you are probably not a professional and cannot assess the risk that exists. So that you do not expect any unpleasant surprises, take out the insurance before you start building.

Fire shell insurance – 2 in 1 insurance

Since the construction of a house usually takes a few months, the shell is exposed to a fire hazard. Damage to the shell by fire, lightning strikes or even explosions can cost the builder several 10,000 euros and delay the construction enormously. A lightning strike which causes a fire can lead to the fact that with the house building again completely from the beginning must be started. A bad idea, which is unfortunately more often reality, than one thinks. So in order to protect yourself as a builder against this danger, there is the fire shell insurance. With a normal house such damages would be covered by the building insurance, but not with a shell construction. Many insurance companies therefore offer fire shell insurance, which transfers directly to home insurance once the build is complete. A very good deal, then, in which you can cover many insurance claims during and after construction with one insurance policy. However, such insurance is not only important for you for financial and security reasons, but is also often required by banks in the loan, so that the construction loan is approved at all. Find the best rates: mortgage rates.

Construction work insurance – additional protection

A supplement to the fire shell insurance is the building performance insurance, because this takes over further cases that are not included in the fire shell insurance. Here, cases are insured, such as storm or flood damage, but also vandalism or construction and material defects are included. If materials are stolen from the building shell or if there is a riot in the building shell or things are broken into and destroyed, the building performance insurance will pay for the damages. These cases also happen more often than expected and it is better to protect yourself against them and play it safe than to run the risk of incurring additional costs.

Construction worker accident insurance – Insurance for helpers

When finishing the interior of the house, many builders rely on construction helpers, who can be friends or acquaintances, to save money. Acquaintances, family and friends who have experience in the field and know a thing or two about interior finishing are happy to help and thus facilitate the budget of the builder. However, it becomes problematic if the construction helpers get injured. If someone falls off a ladder or injures themselves with a tool, the first question is what insurance will cover it. In professional construction companies, the workers are covered by public liability insurance and accidents or injuries are covered by this. With construction workers, this is not the case and legally, the builder is liable first for accidents that happen in his home. Depending on the accident there can be huge costs to builders that were not factored in. So, anyone who is thinking of saving construction money by enlisting the help of friends or acquaintances to help with the interior work should consider in advance whether construction worker’s compensation insurance is not an option that should be used. It is better to invest a little money in insurance than to run the risk of being liable for damages yourself.

Liability insurance for land – Insuring against construction delays

Before the construction of a house can begin, a suitable plot of land must first be found. Since the plot is usually the first thing that is acquired, it is also the area that stands empty the longest. So, due to construction delays or the like, the already purchased plot is sometimes empty for months. Nevertheless, you are the owner and as the owner you have obligations that you must follow even if you are not yet using the property or living on it. For example, as the owner, you are required to shovel snow and clear and grit the sidewalks in the winter. If you don’t do this and someone slips and is injured, you are liable for the damage that occurs on your property. So take out liability insurance for your property when the start of construction is delayed or when there is a risk of such damage, for example when building in winter.

Compare insurances – find the best offer

In order to protect yourself from risks and additional costs besides the enormous costs for your own home, you should therefore consider some insurances that make sense for you depending on your life situation and house construction. Before you take out these insurances, however, you should find out exactly what is really included in the respective insurance and which offer is the best for you. Both online and with consultants, you can compare different insurance with each other and thus increase your chance of a cheap insurance. Even if the benefits of different insurance companies are usually similar, the insurance premiums differ enormously, which is why it is worth looking closely and compare. So play it safe, compare insurances and find the perfect one for you that can protect you from all possible risks and unexpected expenses.

Der Beitrag 5 Insurances for builders & what to look out for erschien zuerst auf ℄ Real Estates.

Is the statutory health insurance worth it?

This question cannot be answered in a blanket manner. If you earn a high income from self-employment or freelance work, the monthly premium can be quite cost-intensive due to its dependence on income. Before you register as a voluntary member of a statutory health insurance, you should necessarily compare and check how high the premium is in your case and whether you are not covered more favorably in a private health insurance.

In the comparison, also consider that the private insurers include an annual premium increase and that it can become expensive with increasing age. A simple switch from the private health insurance back to the statutory health insurance is not so easy. For this reason, you should carefully consider whether you can pay the premiums of private health insurance in the future from your income, or whether it comes to problems with income losses. In the case of statutory health insurance companies, you cannot choose between different tariffs, but as a voluntary member you benefit from the advantage of paying a lower premium if you have a lower income.

Compare GKV and PKV: Save premiums and get the best benefits!

In the past, it was common for self-employed persons and freelancers not to register with statutory health insurance funds. There is no obligation to do so, as you can choose between private health insurance and the benefits of statutory health insurance.

To make the right decision, the focus should be on the benefits. Low premiums offer financial advantages, but are not sufficient for comprehensive health protection in the event of an insurance claim. You will make the best decision if you focus on the benefits as well as on your personal insurance premium and choose your health insurance partner carefully. If the benefits of the statutory health insurance are not sufficient for you due to ever more restrictions, it is recommended that you take out supplementary health insurance to extend the benefits and tailor them to your individual needs.

Further important information on the subject of insurance

In the insurance industry, a distinction is made between compulsory, necessary and recommended insurance. Health insurance, like long-term care insurance, is one of the contracts that every German citizen is required to take out by law. If you finance a house, further insurances can be added, by which the bank and you are secured.

Supplementary health insurance – for whom is it worthwhile?

The benefits provided by statutory and private health insurance are continually decreasing. Some desired benefits, such as the single bed room and treatment by a chief physician in hospital, are not included in the standard tariff of a health insurance. Likewise, in the case of dental prostheses with implants, you have to pay for all services outside the cost coverage of the health insurance companies out of your own pocket and therefore have to reckon with high additional costs. With supplementary health insurance, you compensate for your own financial expenses and have the option of adapting your health insurance to your claim and your individual needs.

• Find out more about supplementary health insurance here.

Private health insurance – advice on benefits and services

It is well known that as a private patient you enjoy a number of advantages, such as not being put on hold for specialist appointments. The privileges of private health insurance pay off, as long as you choose your insurance coverage wisely and based on your needs. Self-employed, freelancers, private individuals and anyone who is not covered by health insurance through their employer or a social agency can opt for private health insurance and benefit from the rate comparison. Generally, you have from a certain gross income per year to choose between statutory health insurance or private health insurance.

• Learn more about private health insurance here.

Health – Advice on insurance

Since 2009, there is a mandatory health and long-term care insurance in Germany prescribed by law. Exceptions are excluded, so that you must also have health insurance as a self-employed person, freelancer and low-income earner. If you are employed subject to compulsory insurance, you are automatically covered by health insurance through your employer and do not have to take care of your basic health protection on your own. The situation is different if you do not have a job that is subject to compulsory insurance and in this case you have to take care of your health insurance yourself.

• Learn more about health here.

Der Beitrag Statutory health insurance as a self-employed person and freelancer erschien zuerst auf ℄ Real Estates.

Advantages of supplementary health insurance at a glance

Do not pay amounts above the subsidy of your health insurance out of your own pocket in the future. With the benefits of supplementary health insurance, you save money and make an important contribution to your health. Before you book an additional tariff, you should inform yourself about the options in the area of supplementary health insurance and find the offer that suits you. Supplementary cover is available for dentures and dental treatment, for spa stays and rehabilitation, for visual aids and alternative treatment by a non-medical practitioner. Do you want to have free choice of doctor and room occupancy in hospital? Then we recommend supplementary health insurance that gives you this freedom.

Insurances for freelancers and self-employed

Freelancers and self-employed persons do not necessarily have to obtain the daily sickness allowance via their regular health insurance with a noticeable increase in tariffs. Here, too, supplementary health insurance can help and provide cover in the event of prolonged loss of earnings due to an impairment of health. Since the premium amount for supplementary health insurance depends on both age and health, it is worthwhile to decide early on the desired coverage outside of health insurance. Above all, it is important that you make a decision based on your needs. If you do not wear glasses, for example, a supplementary insurance to cover the costs of visual aids is unnecessary. It is different with dentures and with desired special treatments in the hospital or alternative medicine. Here, supplementary health insurance makes sense for everyone, as these benefits offer general advantages and more decision-making power in the event of an insurance claim.

Supplementary health insurance possible despite previous illness?

Are you interested in supplementary health insurance but already have a pre-existing condition? We recommend that you openly communicate your health basis and rule out the possibility of being denied benefits in the event of an insurance claim because you were not honest about existing pre-existing conditions. We would be happy to support you in finding a favourable supplementary health insurance despite a pre-existing condition and to assist you as an experienced partner in comparing tariffs and benefits.

Further important information on the subject of insurance

In the insurance industry, a distinction is made between compulsory, necessary and recommended insurance. Health insurance, like long-term care insurance, is one of the contracts that every German citizen is required to take out by law. If you finance a house, further insurances can be added, by which the bank and you are secured.

Statutory health insurance as a self-employed person and freelancer

As a worker and employee, you are automatically a member of a statutory health insurance fund. The registration and payment of the monthly premiums is done by your employer. But also in self-employment or freelance work you can register in a statutory health insurance and benefit as a voluntary member of the benefits of health insurance. Since there are different statutory health insurance companies, a comparison can also be worthwhile in this case and serve as a basis for you not to necessarily remain in the health insurance chosen by your employer or your local health insurance. In general, the statutory health insurance funds do very well even with voluntary membership.

• Find out more about statutory health insurance here.

Private health insurance – advice on benefits and services

It is well known that as a private patient you enjoy a number of advantages, such as not being put on hold for specialist appointments. The privileges of private health insurance pay off, as long as you choose your insurance coverage wisely and based on your needs. Self-employed, freelancers, private individuals and anyone who is not covered by health insurance through their employer or a social agency can opt for private health insurance and benefit from the rate comparison. Generally, you have from a certain gross income per year to choose between statutory health insurance or private health insurance.

• Learn more about private health insurance here.

Health – Advice on insurance

Since 2009, there is a mandatory health and long-term care insurance in Germany prescribed by law. Exceptions are excluded, so that you must also have health insurance as a self-employed person, freelancer and low-income earner. If you are employed subject to compulsory insurance, you are automatically covered by health insurance through your employer and do not have to take care of your basic health protection on your own. The situation is different if you do not have a job that is subject to compulsory insurance and in this case you have to take care of your health insurance yourself.

• Learn more about health here.

Der Beitrag Supplementary health insurance – for whom is it worthwhile? erschien zuerst auf ℄ Real Estates.

Benefits and services in private health insurance

While the statutory health insurance companies offer standard benefits, you have a whole range of advantages as a private patient. When taking out private health insurance, you can not only choose between different providers, but also between different tariffs. The amount of the premium depends on your profession and age, your state of health when you take out the insurance and the benefits you want. Even as a privately insured person, you can choose a basic tariff for private health insurance, which corresponds in its portfolio of benefits to the tariff of the statutory health insurance funds and is considered the cheapest tariff. We only recommend the basic cover in extreme emergencies, for example if you temporarily have less income and for this reason have to save on health insurance for a short period of time.

Private tariff: Date hedging

With a private tariff, you secure prompt appointments with a specialist, can individualise the level of cost coverage and, for example, choose chief physician treatment and a single room for hospital stays directly in the insurance contract. You can also choose 100 percent cost coverage for dental prostheses, so that you do not need supplementary health insurance and can receive all the benefits you want directly through your private health insurance.

Further important information on the subject of insurance

In the insurance industry, a distinction is made between compulsory, necessary and recommended insurance. Health insurance, like long-term care insurance, is one of the contracts that every German citizen is required to take out by law. If you finance a house, further insurances can be added, by which the bank and you are secured.

Supplementary health insurance – for whom is it worthwhile?

The benefits provided by statutory and private health insurance are continually decreasing. Some desired benefits, such as the single bed room and treatment by a chief physician in hospital, are not included in the standard tariff of a health insurance. Likewise, in the case of dental prostheses with implants, you have to pay for all services outside the cost coverage of the health insurance companies out of your own pocket and therefore have to reckon with high additional costs. With supplementary health insurance, you compensate for your own financial expenses and have the option of adapting your health insurance to your claim and your individual needs.

• Find out more about supplementary health insurance here.

Statutory health insurance as a self-employed person and freelancer

As a worker and employee, you are automatically a member of a statutory health insurance fund. The registration and payment of the monthly premiums is done by your employer. But also in self-employment or freelance work you can register in a statutory health insurance and benefit as a voluntary member of the benefits of health insurance. Since there are different statutory health insurance companies, a comparison can also be worthwhile in this case and serve as a basis for you not to necessarily remain in the health insurance chosen by your employer or your local health insurance. In general, the statutory health insurance funds do very well even with voluntary membership.

• Find out more about statutory health insurance here.

Health – Advice on insurance

Since 2009, there is a mandatory health and long-term care insurance in Germany prescribed by law. Exceptions are excluded, so that you must also have health insurance as a self-employed person, freelancer and low-income earner. If you are employed subject to compulsory insurance, you are automatically covered by health insurance through your employer and do not have to take care of your basic health protection on your own. The situation is different if you do not have a job that is subject to compulsory insurance and in this case you have to take care of your health insurance yourself.

• Learn more about health here.

Der Beitrag Private health insurance – advice on benefits and services erschien zuerst auf ℄ Real Estates.