Mark S.Poster#3 Creative Real Estate Financing Contributor
- Real Estate Investor
- Saint Paul, MN
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Renting and owning in Germany
So here is something interesting for you landlords out there. I learned that in Germany (and possibly other EU countries) the tenant supplies his/her own kitchen -all appliances, cabinets, countertops, etc. When the tenant moves, they take it out or try to sell it to the next tenant. And landlords often want very long leases, sometimes 5 years or more(which tenants may want as well if they are supplying their kitchen). Sounds crazy from our perspective here.