At 40, Valerio is a tenant of his main residence, in Paris. No wonder, at an still young age, that he is not owned, with a price per square meter which tangles the 9,600 euros in the capital. More surprising, Valerio is the owner … Nine real estate that he rents in the Paris region. “I decided to remain a tenant in Paris because the rent is less than the monthly payment of credit that I would reimburse if I bought an apartment there. It is a completely financial strategy ”he explains to Capital. In 2018, with a “Small capital” that he intends to grow, Valerio embarks on rental investment By buying two studios In small crown, the first at a price of 50,000 euros and the second, for 60,000 euros.
“It was a very nice period for rental investment, with the 110% funding»»he recalls. The credit rates dropped, to reach a 1% floor later, and banks accepted files without personal contribution to finance the costs of notary, warranty and file, which represent approximately 10% of the purchase price. In 2019, Valerio bought a house which he divides into rooms, humorous, near suburbs, still. He bought a second one and so on. At the rate ofone or two investments per yearthe quarantine now has nine apartments and houses, which he rents to around twenty tenants, long -lasting furnished, in “airbnb”, in a colocation and in colving.
Real estate loans: up to 0.6 rate difference between banks, make competition
Investing in a professional furnished rental company
A rental park that gives it “”Between 3,000 and 4,000 euros in net income per month”he says. His rental income now exceeding the threshold of 23,000 euros per year, Valerio has left the status of a non -professional furnished rental (LMNP) for that of professional furnished lessor (Lmp), which allows the costs associated with housing in a more advantageous way. As comfortable be its rental income, Valerio does not plan to leave his permanent post in business advice. “If I reach one day the 5,000 euros net of monthly rental income, I may ask myself the question”he smiles.
It must be said that the management of his real estate is akin to a real job, Valerio having chosen to do without the services of a real estate agency because “The costs degrade the profitability of investments”. Water flowing from the ceiling in an apartment on a Sunday at 10 p.m., a tenant who tears out a towel dryer in an airbnb while the following move the next day, phone call for a search in a drug traffic, evacuation of a building due to floors eaten by Xylophagous insects … “You have to have the ability to manage stress»»warns Valerio.
“My rental investments bring me 8,500 euros per month: I left my CDI”
What a profit in 20 years!
And enough self -denial to do A cross on weekends and holidays. “On weekends, I don’t wonder where I’m going to walk but on what apartment work I will go”describes the one who reside “At a maximum of 30 minutes” goods he rents. Fortunately, with a dad in the building and student jobs on construction sites, work, that knows him, Valerio: “You have to try to find the right partners, companies that can make repairs for you. When the towel dryer was torn off in the airbnb, I was at my brother’s wedding abroad! ”
Investing near his home in Ile-de-France, also exposes Valerio to theRent supervisionexperienced in several municipalities in the region for a few years. Certainly but this being the archetype of the tense areas, where the demand for housing is much higher than the supply, Valerio did not “almost No rental vacancy»». What about another recent regulations, namely the gradual prohibition on the rental of thermal colanders? “I had to do work to energy renovation To improve the DPE (Energy Performance Diagnosis, Editor’s note) of certain goods ”recognizes the young lessor. While stressing that, “In 20 years, when I have reimbursed the credits on my rental investments, it will only be profit!” If, like him, you are a happy rental investor, despite the management of rents, energy renovation obligations and other regulatory developments, do not hesitate to testify in turn, anonymously if you wish, writing to us [email protected].
I testify
