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INTRO Slowlane sales director / future fastlaner from Europe

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Mr. Tusk

Contributor
Dec 15, 2019
19
34
17
Europe
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.
 
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