Apartments for Rent.

In 2015 and 2016 I have now bought 6 apartments for rent.

The 6 apartments have all cost between 190 tkr and 360 tkr. They are located between Nakskov and Korsør and Nykredit has provided financing for all the apartments.

The purpose of my occasions is to generate a return on the rental income alone - that is, regardless of any possible increase in value.

That's why I call it real estate investment - and not property speculation.

In connection with the purchase of the 6 apartments and relocation check with even more tenants, I have learned a thing or two - in fact 9 - about property investment in Denmark, I would like to share with it in the post here.

I would like to start by saying that I am also the author of the book 15 PCT for real estate investment . If you want to give up with real estate investment as an alternative or supplement to your investment in shares, then the book is a great place to start.
you can find out idea of this link : BestProperty Investment in Lahore

6 apartments18 months

# 1: One month's deposit is minimum

I have let more tenants save a deposit of 500 kroner a month.

But now I have once experienced a tenant who had to move after 3 months because she did not pay on time (and had forgotten to tell she had 2 cats that are not allowed). Only 500 kroner were saved in the deposit, and the refurbishment after her cost me over 6,000 kroner. From now on, everyone pays a minimum of 1 month's deposit and can save the rest.

# 2: You can refurbish an apartment for less than 10kr.

Starting painting in Nykøbing Falster - December 2015.

Starting painting in Nykøbing Falster - December 2015.

In connection with the purchase of an apartment you must expect a certain renovation. In practice, paint, floor grinding and fixed electrical outlets can come very far. A refurbishment can (with craftsmen!) Cost you from approx. 5000 kroner and up to 10,000 kroner for a smaller apartment if you also need money on a new sink, extra lamps and so on.

In addition to this, you should incur expenses of approx. NOK 7,000 for a housing attorney in connection with the purchase and expenses for registration of loans and losses. I have used boligadvokater.info .

# 3: There are MANY tenants!

The objection I most often hear when I tell about how I invest in real estate is: "Well, is not it hard to find tenants?".

 NO.

All of my apartments are in cities with 10,000 inhabitants and more. Here the rental market is as strong as it has always been. A cyclical downturn means that fewer buys their own place, but we still have to overcome our heads and the rental market is doing very well.

 I've had 20 people for a show, all of which came from a Facebook post a few days before in Nykøbing Falster.

 The trick lies in finding the right tenant, but here's just a matter of inviting enough to see who behaves sensibly. With the deposit you also have some security as the landlord. I could write a whole post about the fun things I've experienced for shows, but it will be another day.