Buy land - keep the house.. how to proceed best?

Potential buyers or new tenants are also not allowed to take pictures in the tenant's private rooms. If a landlord takes photos of the still rented premises, he violates the tenant's personal rights (Landgericht Frankenthal, Az. 2 S 218/09). Well, there are always some who feel persecuted. Fortunately, most tenants respond understandingly and not always with the "not with me" aggro gene. Because the tenant is not obliged to forbid the landlord from snapping pictures ;)

Because the tenant is not obliged to prohibit the landlord from snapping photos ;)

Of course not; the tenant can allow you to do it; but he can also make your life really difficult; and that’s the hard part about being a landlord.

To pigeonhole the person behind the facade within 1 hour, maximum 2, and 5 sheets of paper.

Of course not; the tenant can allow you to do so; but he can also make your life really difficult; and that is the difficult part about being a landlord.

Have you ever been a tenant?

Condominiums in multi-family houses are still a little bit "simpler" and not comparable to managing a single-family house.

For example, a administration from 3 units is actually common and doesn't cost much. In addition, there are usually janitors and other things like gardeners etc.

I hadn't really looked at it that way. However, you are right. They actually hardly notice anything.

You now have to stretch yourself financially a lot to be able to afford everything, and for what? To live from 65 on? To keep or pass on a fortune later? You live now, and the health at this age you will not have later or be able to enjoy like now.

You are absolutely right, of course.

I will seriously reconsider that again. I too sometimes forget that we will not get the past time back and should enjoy the now.

A different question about financing the property.

If we could raise a total of 45k now, would it make sense to take out the remaining 30k at an effective 2.99% for 24 months and, in return, not have a mortgage registered?
The 30k would cost me just under 950 euros in 2 years.

With financing through the Sparkasse, I would have to borrow 55k, the interest rate would be 1.4% for a 2-year fixed interest period and 2% for the variable rate.

Do I see it correctly that the former would ultimately be cheaper or am I overlooking something?

So the question doesn't get lost ;)

yaso, quite specifically. It has to fit you and you all. Renting out. Yes, it takes effort, yes there are rent nomads, yes there are late payers, and sometimes none of that happens and the money is there on time and it works great. My experience after about 30 years of renting out a living unit is the latter. Had little vacancy, only about six weeks or so, always good tenants, always some who stayed ten years plus, my gut feeling when choosing never misled me. Only, it has to fit you all. Renting out is actually easy money, my return expectations have always been 5% before taxes. It’s not greedy, but sufficient and definitely better than fixed deposits. From the roughly 10 thousand cold rent income per year I put 2000 aside for investments in the house, I of course try to appear poor to the tax office in order to pay as little tax as possible, otherwise the stress is manageable. K.