Self-employed by buying apartment and rent it

To be in self employed and self employment field, Hotel management is the better way. You can give jobs to others and can earn more...

You have to reckon with on average 20% vacancy rate. Important is the location, the location and the location again! Basic skills: be ready unit leases is available from the stationery store, you should be able to write utility costs, to negotiate with craftsmen, and with Mietnomaden, if necessary, provide with not quite legal because otherwise they can destroy your property. Books are cheap to rent knowledge in the book trade. I'll tell you one thing: Do not touch it, the return on capital is well below 4%. Continue to be payable on rental income social security contributions, inform yourself about withholding tax, etc. And once you've got a heap of trouble and work on the neck. Rent residential property is only worth it if you earn so much that you can get with the interest expense and tax benefits through depreciation as a hedge plant component of many a fortune in property values. I had to rent my 2-bedroom apartment because I had to move professionally. I could not sell them so quickly. Furthermore, there are some parts of the house money, which one may not land with the tenants. Conclusion: Is it worth not normal, most for millionaires who want to secure a large fortune in property values ??due to scattering or by saving taxes. That's my opinion, but if You ask 10 people you'll hear maybe 10 different opinions on this.

Moreover, you do not need to be autonomous, that can be any private individual. Remember however, that the merit is not at home much higher than if you put the money in the bank. It is just safer than on the bench and you have more trouble with the tenants.

1st You mean the profession is called the "landlord". You can familiarize yourself with it independently or not. Will hot: an appointed teacher in addition to his profession nor an apartment building (eg inheritance) owners can continue to practice his profession and still be dependent active as a landlord. Do you want professional life only from rental of real estate and / or flats, you should contact the real estate market in your area know very well, the landlord and tenant law have intus, familiar with the German contract law and be prepared also for the welfare of your tenants ( ensure customers) want to be decent and respectable. I would recommend you first of all in the real estate industry to work as an employee before you make yourself independently without foundations in this area. 2nd To be able to rent something, you have to have it in the rule. I.e. You need capital for housing or real estate purchasing and their dependents. For the purchase of residential property you supported your bank. The bank wants to know whether you're in a position to entertain the acquired property and to pay the interest, so she demands of you equity. When purchasing an apartment from e.g. € 500,000 financed by a bank - depending on the institution - to raise a partial amount, the rest you have to yourself. For the money owed to you later have to pay interest. I.e. You must view the property in finance, you conclude that there is still a small profit. From renting a two-bedroom apartment, one can not become self-employed and not living. 3rd Your third question is a bit strange: "Can I also be sure that I find tenants?" Counter-question: can be sure the baker, that he finds customers for a living. We live in Germany with the modern market economy between demand and supply. I.e. if a two-bedroom apartment in a residential area unattractive - backyard, noisy, crime - is that customers will walk past it and make it there just where the living environment is pleasant. A clean, close to public transport is lying flat faster than a tenant an apartment with a scruffy unsympathetic landlords, etc. 4th If you really want to earn your money with the rental of apartments or houses, you should at least have an education in business, better it would be an addition made to real estate dealer training to have completed. PS: You always talk of "... and leave them rent." If you only have a two-bedroom apartment and rent it can not itself, but by someone else, then that would be re-connected with costs and grossly exaggerated. You can you also do not ride a bike from someone else. Wish you every success in your business ventures.