All posts tagged: sverige

Thomas Brandt

Real Estate Investment Strategy #4: Let’s Go Bigger

We already discussed buying single private properties, now let’s talk about buying more than one, and of course, renting them out (Sweden). Today our guest is Thomas Brandt, who 17 years ago used his profits derived from his IT consulting firm to purchase four apartments house in Örebro. Today Brandt owns about 250 apartments and runs his own business known as Explicar Affärsutveklirebrong AB. We met Thomas at his office in Stockholm and talked about how to invest, start and run a property management company. How did you start? 17 years ago I realized that the economic climate within the IT industry was becoming stagnant. And because I made some money in the past with my IT firm, I decided to invest in stable, profit-generating long-term assets. So, since I had relatives who owned and operated properties, I decided myself to buy some as well—in Örebro. I knew nothing about property management at the time. Where do you buy? Because I don’t have hundreds of millions in my accounts, I buy houses in relatively smaller cities, …

Source: http://commons.wikimedia.org/wiki/File:Red_Christmas_present_on_white_background.jpg

Christmas is coming…. and again about spending habits

 A special for you today with some tips on how to avoid debt hole after Christmas celebration, how to manage your fears, think wisely and make good presents without great expenses.   All cultures have different traditions of celebrating Christmas. Even the days differ: Swedes celebrate the 24th of December, USA and UK on 25 th, Russia and Greece go nuts as usual and celebrate on 6th and 7th of January. The traditions of giving the presents on Christmas also vary.  While Swedes are very overly generous when distributing Christmas presents compared to other countries, Svenska Dagbladet (SvD) recently published an article about the dangerous situations that arise as a result of giving gifts in the Christmas spirit.  The following quote stuck out to me especially:  “20% of people, according SvD, are ready to take a credit in the bank to buy Christmas presents.” Idiots! (It makes me angry! I simply cannot tolerate stupidity). I have nothing against generosity, but I have a lot of against the stupidity of people that allows them to  put themselves into debt hole.  All because of certain …