Hello from South of France!

3 Replies

Hello everyone, my name is Alex, I'm 26 and live in the south of France.

I work as technical sale engineer and beside I invest in real estate in order to be financially independant in 10/15 years. This is my goal.

I started invest in real estate in 2011 with a small appartment in my city (Aix en Provence), I renovated it and lived in for 4 years. Now it's rented for 740€/month.

At this moment I realized even more the opportunity to make a lot of money in real estate. I just bought a big appartment to live in with my girlfriend.

So my next project is planned in 2016, after everything in this new appartment will be done.

I plan to buy a residential property, a whole building to get a good price by m2. I try to find the more profitable building, with 5/6 appartments of different sizes.

On this type of project with a loan, you can get a cashflow between 300 and 500€ (and more depending on investment) / month.

And I plan to do a project like this each year (or 2)

I'm here to read and learn about experiences from you all around the world, and also get advices even if laws are differents in each country, main business is the same.

I travel often in USA so maybe one day I will start investing there :)

Hope to get in touch with many interesting people here

@Alex Allemand - do you have an update on your RE journey? 

My wife and I are meeting banks and brokers this January in Lyon to source our first investment property.  I'd really be interested to see where you are at in 2018/2019.

Free eBook from BiggerPockets!

Ultimate Beginner's Guide Book Cover

Join BiggerPockets and get The Ultimate Beginner's Guide to Real Estate Investing for FREE - read by more than 100,000 people - AND get exclusive real estate investing tips, tricks and techniques delivered straight to your inbox twice weekly!

  • Actionable advice for getting started,
  • Discover the 10 Most Lucrative Real Estate Niches,
  • Learn how to get started with or without money,
  • Explore Real-Life Strategies for Building Wealth,
  • And a LOT more.

We hate spam just as much as you