- Thread starter
- #31
One important thing about real estate investing. In our country the rental market for studio apartments has stalled. Luckily all my apartments are rented at the moment (although I took some empty months) but the market was flooded with Air BnB apartments + students didn't arrive last Autumn to capital region + institution investors are happy with smaller ROI and due to low interest rates are also buying rental apartments. This has caused a shortage of good tenants.
Ok, we all know the market is cyclical. So, I will just see the money piling in and not buying more apartments at the moment. In 3-4 years I have a change to either sell the whole portfolio or start to pay back the loans with will obviously decrease monthly NOI. Who knows - perhaps I use the money for the garage.
Ok, we all know the market is cyclical. So, I will just see the money piling in and not buying more apartments at the moment. In 3-4 years I have a change to either sell the whole portfolio or start to pay back the loans with will obviously decrease monthly NOI. Who knows - perhaps I use the money for the garage.
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