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  • Profile photo of jbelmorejbelmore
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    @jbelmore
    Join Date: 2011
    Post Count: 48
    December 3, 2011 - 10:49 pm

    Terryw

    Yes a foreigner can own German property and finance appears to be much easier to get than in the US. Most people in Germany can speak some English and if they find out you are from Australia that can help the conversation!

    David

    Profile photo of jbelmorejbelmore
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    @jbelmore
    Join Date: 2011
    Post Count: 48
    December 3, 2011 - 10:56 am

    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 in?

    Regards

    David

    Profile photo of jbelmorejbelmore
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    @jbelmore
    Join Date: 2011
    Post Count: 48
    December 2, 2011 - 6:45 pm

    Thanks Alex. I’ll use that site too.

    Profile photo of jbelmorejbelmore
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    @jbelmore
    Join Date: 2011
    Post Count: 48
    December 1, 2011 - 10:12 am

    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

    Profile photo of jbelmorejbelmore
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    @jbelmore
    Join Date: 2011
    Post Count: 48
    August 26, 2011 - 10:49 pm

    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

    Profile photo of jbelmorejbelmore
    Participant
    @jbelmore
    Join Date: 2011
    Post Count: 48
    August 26, 2011 - 11:02 am

    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.

Viewing 6 posts - 41 through 46 (of 46 total)
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