Newbie from Garðabær, Iceland

3 Replies

Hi my name is Kristinn Sævar Magnússon. I was born and raised in Iceland and currently living in Garðabær (Reykjavík Metropolitan area). I’m an ex-cop and currently working as an Air traffic controller. 

I’m really interested in going into real estate investments. I’m mostly looking to buy and hold, condos or single family homes for long term rentals and/or short term vacation rentals. I decided to sign on to the Bigger Pockets forum to socialize and learn from the other more experienced members of the community and hopefully one day be able to give something back as well.

I am planning on investing here in the Reykjavík area, although it has a population of only 200.000 people. I see a lot of opportunities here, both in the long term rental market due to increasing demand and also in short term vacation rentals like Airbnb. That being said I am very interested in investing in other countries, but that is something that I would take a look at further down the road.

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