All Forum Posts by: Simon Huber
Simon Huber has started 16 posts and replied 28 times.
Hey!
I wanted to ask where I can find partners for RE Investing, except of Bigger Pockets. Although the platform is great, there are very few RE Agents and people investing in Real Estate in common.
Thanks for your answers.
Post: How much money should I have for my first rental?
- Posts 30
- Votes 6
Hey!
I want to buy my first rental this year and I want to start ASAP. The thing is that I don't know how much money I will need, beside of the obvious costs of the rental itself.
Is there money I should have besides the money down loan amount, or not? Also with the BRRRR strategy, how much money would I probably require for say a 150k SFH?
Thanks for your answers!
Got it, thank you so much for your thoughts!
Hey! I wondered whether I should buy my first rental cash, or with a loan? It's my first time and I hear all these different suggestions...
Thanks for your answers!
Post: How are you making deals work in today's market?
- Posts 30
- Votes 6
I want to enter the BRRR strategy investing World as well. Maybe we can have a chat. I can't give an answer to your question, but maybe we can, you know... exchange some value.
Post: Looking for a partner to invest in Austria/Germany/Switzerland
- Posts 30
- Votes 6
Hey!
I am currently looking for a partner, to invest in Austria/Germany/Switzerland!
I can bring most of the money to the deal, and want to invest in a Multi Family residence, which I want to rent out afterwards. I am looking for a partner, who can bring in the knowledge that I lack.
Looking forward to hearing from somebody!
Post: Looking for a Realtor from Germany, Austria, Switzerland Area
- Posts 30
- Votes 6
I am looking for a Realtor from Germany, Austria, Switzerland Area. Would be great to connect, as I want to invest in some rental property this year and need to learn more about the current market.
Hey! I am an aspiring RE Investor from Salzburg in Austria. Currently, I am looking for partners to invest in Rental Properties in Region DACH. Also, I am interested in a connection to a great realtor.
In case anyone is, or knows such people, feel free to connect and I will accept every request!
Regards
Simon HUBER
Post: All the different people that make a good RE investing Team?
- Posts 30
- Votes 6
Quote from @Olivia Grabka:
@Simon Huber
Here's what you need:
1. Someone to help you find deals, I recommend finding an a licensee (it is much easier holding someone with a professional license accountable)
2. Financing
3. Find deals, listen to your finance person so that you minimize the amount of cash you tie up with either the purchase or the renovation
4. Make sure you have a dedicated stand alone account to handle expenses & incone related to the deals you do. As long as you keep money isolated the accounting will be simple, which will make finding a CPA easy.
5. Your finance person will put you together with a lawyer (each lender has attorneys they work with)
Finding good deals is the key, everything else will fall into place.
Thanks for this action plan! Maybe we can connect?
Hey Constantin!
I am from Austira myself, aus dem wunderbaren Salzburg um genau zu sein!
Maybe we can connect and exchange some value!