French Rental Property: True Passive Income or Money Pit? (Our 5-Year Experience)

Sign up for my email list and get practical info about life in France delivered straight to your inbox: https://fired-up-in-france-2.kit.com/dacaa289dd After five years of owning a French rental property, I'm sharing the brutal reality of our duplex investment that turned into anything but passive income. What started as a promising gross rental yield quickly became a money pit with massive unexpected expenses including a complete bathroom renovation, roof repair, bedbug infestation costs, and furnace replacement. Despite operating under France's 'régime réel' tax system which allows us to deduct all renovation costs, we've learned that French real estate investment requires significant cash reserves and hands-on management. In this video, I break down our real numbers, give you a tour of our recently vacated unit that still needs work, and share our summer renovation plans as we prepare to find new tenants in this French town's low-inventory rental market. Coming to Dijon? Stay with us! Check out our listing on Airbnb: airbnb.fr/h/dijonauditorium Signing up to host on Airbnb? Get a 🎁 BONUS after you complete your first qualifying stay as a host by using our link: www.airbnb.fr/r/suzannap62 and then click on “get started.” Once your listing is up, we can meet online for an hour, during which time I’ll give you some feedback and you can ask me any questions you may have. Contact me at firedupinfrance@gmail.com OTHER FINANCE IN FRANCE BONUS CODES (subject to change): Wise - to send money abroad. Give it a try with a fee-free transfer of up to 500 GBP 👉 https://wise.com/invite/ihpn/cedricp136 La Première Brique, get an extra 1% interest on your first project using this link 👉 https://app.lapremierebrique.fr/fr/users/sign_up/0KBUNI (***Do your own due diligence before investing in any crowdfunding campaign.) Fortuneo -🎁 BONUS for you of 100€ if you open a PEA - and Fortuneo reimburses all transfer fees up to 2000€ if you have a PEA already somewhere else, or 🎁 BONUS of 120€ if you open an assurance vie. When you open your account, type my referral code 👉 13043713 🎁 Great deal on cell phone service: 15€ bonus if you sign up for Red by SFR using this code: REDD26D52C 📌All of these product or service links are things that my we (my husband and I) personally use and would recommend even without an affiliate link. Chapters 01:22 How Much Does It Cost to Buy Rental Property in France? 06:40 How much do repairs cost in France? 13:46 Tour of Our French Rental Property 17:21 What work we’re planning on doing this summer 19:08 Was this French Real Estate Investment Actually Worth It? #FrenchRealEstate #RentalPropertyInvestment #PassiveIncome #PropertyInvestmentFrance #RealEstateInvesting #RegimeReel #FrenchRentals #RentalPropertyCosts #InvestmentPropertyFrance #Burgundy #France