Real estate – Inspiration Shot June 2023
Esther Jacobs2024-05-09T17:30:37+02:00Years ago I 'accidentally' found myself investing in real estate. When I sold my house in Amstelveen, I was able to invest in a few 30m2 apartments in Amsterdam. I had them specially designed, furnished and started renting the 'tiny houses' out to expats. Just when things seemed to be going well and I had done a very pricey refinancing of my investments, the rental property regulations in the Netherlands changed. Now, I can only charge half the rent I used to, and on top of that, property taxes have increased ten fold! It has become an unsustainable situation. My entire business model is turned upside down, which means I have to sell the apartments again. At the same time, other opportunities present themselves. That is why I like to share my real estate secrets, tips and dilemmas I've encountered, in this newsletter.