All Forum Posts by: Ken Breeze

@Kirsten Wolfford nice to meet you ;-)

Making money with real estate in Germany or Europe is generally tougher and takes much longer than in the US. Much less investor-friendly tax laws, and costly code regulations just to name a few.

In your case, I'd always run your deals through the awesome BRRR, calculators and other analysis tools Bigger Pockets has to offer here.

Be aware of the high property- and capital gains taxes. Unlike the US, where we have a 1013 tax exchange for like-kind purchases (business or real estate) you will need many years to ride them out and make the deal worthwhile your investment.

Feel free to send me a PM and connect on other social channels so I can send you an invitaton to the European Real Estate Maser Mind Group.

Check out  LegalZoom for starters. But set up three LLC if you're getting serious: one for the flipping, one for the buy & holding and one for the managing and operating. This way if anyone wants to "grab you by the neck", you personally and the other two entities are safe.

You can always get fancier when you get your first income to pay an investor savvy attorney and CPA to help you strategize where to take your business from here.

To get more answers on these strategies always search Bigger Pockets or the net to deepen your education. Check out:

10 Steps to Setting up a Limited Liability Company

6 Mistakes to Avoid When Setting Up Your Corporation or LLC

How to Set Up an LLC in California

Good luck!

@Thomas Richardson Welcome to the best ever real estate place in the world. Spruce up your profile to get noticed and start reaching out to gather your team. If you can't find answers to any and all your questions here - you can't.

Thanks for sharing @Rich V. Nothing will ever beat paper and pen in some things. Just as I like digital books but can't shake off the desire of the tactile experience of the real thing.

@Juan RubioGreat question and inspiration to help us all focus and be accountable to our goals.

1. Posting a minimum of 10 comments to reach my 500 post goal by end of April.
2. Gathering my longer comment posts into a shared online doc for my partner to review, edit and prepare for my upcoming member blog series.
3. Sifting through 100 mostly crappy multifamily deals
4. Analyzing/underwriting 10 of these multifamily deals
5. Making 2 offers to the brokers of which I know none will be accepted because the market is white hot.
6. Helping a few Bigger Pockets vacation rental fans grow their knowledge about the benefits of Airbnb and WiFi smart locks,
7. Plan a local Bigger Pockets real estate event to attract and educate people to invest in US multifamily real estate.
8. Take a 10000 steps walk along the beach.
9. Binge watch a few shows of "Halt And Catch Fire"
10. Find a new restaurant to explore the more culinary joys of life.

Did I say multifamily enough times today?

@Shiloh Lundahl @Aaron Gaffney @Nathaniel Seekins what are you guys up to?

@Fradel Schaechter it looks like you are the new Bigger Pockets Customer Support Desk ;-)

@Daniel Koch depending on what you're looking for, you might want to check out LoopNet, Apartments.com, TenX, Zillow, Trulia, Redfin and Realtor.com for offering, demographics, reports, jobs, companies, schools, trends you name it.

Yep, you can kiss TV and You-Tubing good-bye now ;-)

@Fradel Schaechter thanks for nudging me ;-) Let's get on the phone again soon.

@Storm S. but I don't have anything to add to @Omar Khan and @Ronald Rohde , that pretty much sums it up for now.

If you happen to take a spin up to north Germany gimme a call. Lunch is on me ;-)