Rob

20% net is a great yield. Well done in finding that, especially with 75% financing.

I have seen 8% yield in Berlin, 10% net near Leipzig CBD, 15% net where there are vacant units or some renovations required. Where I’ve looked yields are higher the deposit/cash down is higher for a loan.

In what way would you like investors to join…[Read more]

Thanks Alex. I’ll use that site too.

Hi Rob. I’ve been looking at German apartment buildings but haven’t seen 20% net. I’d want to go somewhere population is rising. Not sure how to avoid currency risk contagion from the rest of Europe?

Regards

David

Engelo19,

There aren’t any great books which may be why you haven’t got a response until now but I enjoyed reading “South of 49: The Canadian Guide to Buying Residential Real Estate in the United States by Philip McKernan. It’s available on Kindle too.

I learned not only about US real estate but also Canadians!

Cheers

jbelmore

It’s difficult to get a US loan so I believe it is worth going though a buyers agent if you get that as a result. Check every step of the process as you go.