@the_perfect_trade1 Well, if I finance an immo for 300,000 by 100% financing and do that, for example, by denkmalimmo with a positive or +-0 cash flow after tax. After 10/12 years I have the profit on the financed sum which was not my own money. That is what makes the property so strong.
@TradingMelone 1. 100% financing is history, 2. especially in the future, (energy) refurbishments eat up your profits and third, you always have the single tenant problem. I've made my money in real estate, but in government I want to be far from being a property owner.
@the_perfect_trade1 As already written on a post on my profile, listed properties are still highly attractive we actually only do 100% financing. I would keep my hands off existing properties - I agree with you.
@TradingMelone A friend of mine almost went bankrupt with a listed property, because the authorities for the protection of historical monuments imposed such high requirements that he could neither renovate nor sell his house. Therefore, the 2% special depreciation is not so relevant. I stick to my strategy 👍
@the_perfect_trade1 that's why you let a professional developer do it for you. In addition, it is 100% depreciation in 12 years, so significantly more than 2%😂.
