Would you rent from me?

Hello!

I would like to become a landlord in Poland and I just wanted to check in to see if you guys would find what I offer attractive. Lets say I build smaller houses at 90m2 with built in solarpanels in the roof. Apart from you being able to fully support yourself electricity wise, you also get a rentprice of 3000 zl each month with no further landlord fees. I plan on building these houses just maybe 5 min outside of Olsztyn in Wójtowo.

Would you take the deal? I heard that intrestrates are through the roof in Poland and also the electricty prices are still high. Maybe a family who wants save up for their own house would rent from me? Do you think it is a good idea?

My plan is not to pressure the rent prices as much as possible but instead drawing people in who would like to rent. On top of that I am aiming at starting my own company within architecture to not just support myself through being a landlord.

Best wishes!

Ive also looked at Klebark Mały for a place to build these houses.

Very expensive for Olsztyn

Please don't ruin this person's perfect business plan.

Why not take part in a workers' cooperative or a not-for-profit housing enterprise?

I don't think renting houses is really a thing in Poland.
If people rent they go for apartments while houses are more to buy. Not going to say there's no house rental but it's not the norm (maybe others here have more concrete data).

Agree.


Your proposed rent is too high to allow an average family to save a deposit for their own house.


They're not that bad. If people keep their consumption to a low/moderate level there is a fixed, government guaranteed price at an affordable level.

Well on Otodom there are 4 houses for rent in the whole of Olsztyn - an indication that the house rental is not really common in secondary cities.

Maybe a better move to build, put in the sustainable solar etc and then sell ? Would need the same amount of capital and a more obvious market.

@Bobko
Hah, ok buddy.

@cms neuf Thank you for the advice! Its probably better then to wait and then sell the house after 5 years? What profit do you think you can make on a new house?

Maybe the deal can be that the person rents first for 5 years for a lower price the 3000 zl/month? Then buy it for a profit? In the central parts of town its not uncommon that the rents are 2500 zl for a 45 m2 apartment. So I think a number a bit lower than 3000 still would be acceptable because of the size of the house. And the relative closeness to town. Just 5 min with car.

I was looking at apartments first, but where Im from you would need an acceptance first from an association that you automatically join if you buy an apartment.

This association must then give you an acceptence to rent out the apartment, and its not everyone that does that. Maybe I can talk to the government etc. and see if this is a thing in Poland first.

This was my orginal plan.

I notice in another post you mentioned that your home country is Sweden. That kind of arrangement may work there where everything is much more orderly but Polish renting culture is a bit rough and ready. You're very unlikely to find a tenant who will enter into such a complex (to them) arrangement and legal issues could arise if they stop paying the rent, which they could well do. It's quite common in Poland for tenants to default on rent and it's very difficult to evict them, especially if they have children.


No, it isn't.

NO,its not if proper paper work is signed,and yes I am talking about residentials not commercials.Stop giving wrong advice if you have no knowledge.If proper documents are signed it should not take more than 2 months even to take some of their belongings for the money they owe.The money owed can be deducted from the security and there property sold by the landlord.

I will not post here what documents as many tenants who read here will be beware.
I suggest stick to your house cleaning profession and stop giving wrong info about the subject you dont know like you did once before too.


Very good advice that makes practical sense.


Yes,very rarely locals rent a house,usually is by companies for their employees.
@jon357
Non profit???No wonder you still live in a rented flat in a commie building at that crappy suburb of Warszawa.

Best to disregard the above post.

Atch, btw, is right about evictions where there is a minor in the home.

Perhaps check out some of 'cargo pants' other posts here and decide for yourself on his credibility.

I don't object to your having a different viewpoint to mine. However, I do object to you telling lies. Disagree and tell me that I don't know what I'm talking about by all means but stop pretending that I'm a house cleaner. This is silly and dishonest. Disagree me with as the person I am, not the person you would like me to be. You tell a lot of lies about a lot of people on this forum just for the sake of being rude - and incidentally you are frequently wrong about things yourself and display a great deal of ignorance on numerous topics.

@Atch

But if you and the tenant sign an agreement for lets say like do not make a fire in the living room, pay your rent etc. dont sell or brake the furniture, then you should be able to evict them right? If you have it on paper that they agreed to this.

Is there somewhere I can read about these things where landlords cant kick tenants out that brake the rules just because they have children?
I also dont have the energy to look up cargopants posts, im burned out. Probably you both are a right to some degree. I dont know about cargopants posts and I dont have the energy to care right now. I´ll do some googling on the subject. Thank you for the answers.

There are a few different types of tenancy agreement. Depending on which one you choose, it can be much easier to get a tenant out. But it's still a headache.

" If the tenant does not return the premises, the owner is forced to go to court, because uniformed officers cannot step in. The whole case may take up to several months (and we must also remember about the period between November-March, when eviction cannot take place). All of this proves that the lessee may live in a premises long after the date on which the premises should have been returned. In this situation, the law puts the owner in a very disadvantageous position."

Thats ****** up to say the least, I wonder how long that will be law? No landlord on earth can like that deal. Now the last question really is, how many people cant pay their rent, how often does it occur? Hard question to answer.

You can object all you want,I care less and keep to your house cleaning profession and stop giving wrong advice to people.I remember when you also use to tell the tenants to scare their landlords with Uzad skarbowe,without thinking that most tenants in Poland do pay 4.5%(those days) tax and probably made some look like a fool or even got counter sued.Hear say little knowledge is bad knowledge.


It is not as bad as this fool portrays,or so many people will never rent the flats they own.There are ways to get your tenant out even with minor kids or a pregnant woman and have no income if you have done your home work well and have the proper documents signed legally.Just last year a Dutch friend of mine threw out a woman with 11 yo son in 2 months for defaulting.

If Polands laws were so bad nobody will be thinking of having investment flats and renting them out which so many have here.You just got to know the law and play along.


LOL you can make them sign all those useless documents but man,How are you going to know about all that happens in the flat/house?maybe the tenant will not allow you to enter the permises?Honestly even if the tenant sells drugs or has a ho house there you will need tons of evidence to prove that lol and dont think that the police raid and arrested him/her is a evidence,you need conviction first,by the time the lease has expired lol.

@Smietanka:Hard question to answer.
With my personal experience on commercials its like 5%.In the last 23 yrs I had to throw out just once,and with my guess in residentials I would say 25% default.Then it depends how you select your tenants,there rental,credit,financial history all matters.Not to mention criminal.

Residentials is work,but you need to know the language and mainly do the proper paper work,even some lawyers here dont know what paper work.

What are you on about??


If you spoke English properly, and were a bit cleverer you'd say 'stick to charring'. Of course, the fact that you think that calling somebody a cleaner is an insult reveals a lot about you.

LOL also last time you were telling someone from Uk who was married to a Polish citizen that he dont need permission from the govt to buy a house/land.


Also tells something about a dumb fool who takes house cleaning profession is an insult.

@Cargo pants
Maybe you can tell me about the new law that grants people who got evicted a new adress to stay at? How long can the tenants do that? And do they anything while they stay a the new adress if they get evicted?

How do I get the documents signed legally, does an offical have to be witness or how does it work?

And yes its a good idea to do background checks, proof of work regarding jobs etc. no punished by law and debt free etc.

is what it should say

Never mind the 'also'. What are you on about in relation to the tax office? I never suggested anybody try to 'scare' their landlord. Btw, stop telling EU citizens that they need to pass a Polish language test to live permanently in Poland.


Is there any other kind? If anybody should be an expert on fools it would be you having so much to work with yourself.


I don't - but you do. You have a very typical attitude of the lower levels of Indian society, the sort of upper working class, who think they're better than the street cleaners because their skin is a shade lighter. And now you're a blue collar guy in a suburb of Chicago - well done.