Laura Schick was 23 years old when she bought her first property – without ever having visited it. In the Money Mindset podcast, Schick explains that the tenant at the time did not allow her to view the property. But Schick took the risk and bought the one-room apartment in Berlin for 53,000 euros. Even today, around ten years later, she is happy about the monthly rental income. According to them, the property is worth around three times as much today.
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She now owns several apartments and an apartment building. Schick works as a real estate agent, investor and author (“Blondes can do everything. Except money”).
According to Schick, anyone who wants to buy a property today needs above all sufficient equity. “It may be that the first property will be a little smaller or it will be in a stable and attractive B-city.” From her day-to-day mediation work, she can report that today “more than ever” they have to bring buyers and sellers together. The motto is: negotiate.
In the latest podcast episode Money Mindset, she talks to our editor and podcast host Leo Ginsburg about how to negotiate properly, how she invests herself and how you can start investing in real estate. Listen to the episode and get more for your money!
About this podcast
In the finance podcast Money Mindset speaks Leo Ginsburgbusiness editor at Business Insiderevery week with an exciting guest about how he or she invests their money and what advice they give to other people interested in investing.
Every Tuesday you will receive ideas and suggestions on how you can increase your personal wealth without having to study business administration right away. Listen in Spotify, Apple Podcasts, Deezer, Podimo and everywhere it is Podcasts gives.
If you like the podcast, follow it, share it with friends and leave a rating. You can also find Money Mindset on Instagram. Here we publish everything important about the consequences and exciting learnings, facts and tips from the financial world.
Disclaimer: Stocks, cryptocurrencies and investments are always associated with risk. A total loss of the invested capital cannot be ruled out either. The published articles, data and forecasts are not an invitation to buy or sell securities or rights. They also do not replace professional advice.
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