Airbnb - Retour d'expérience - Mes Deals Episode 3 !

In this third episode of My Deals, I recount how I transitioned from a traditional rental model to short-term rentals, just as Airbnb was starting to take off in France. After my initial investments in my own name, a problem became clear: after several years, expenses decrease, income tax increases, and net profitability can decline significantly. So I looked for another path. That's when I started to take an interest in Airbnb, particularly in Strasbourg, a tourist city well-served by the TGV high-speed train, with high demand during weekends, holidays, and especially the Christmas market. In this video, I explain: why I chose Strasbourg over smaller cities; how I defined my search area around the train station and the city center; why the floor, the elevator, and the location were essential; How I negotiated a studio apartment listed at €86,000 to buy it for €74,000; the renovations carried out to transform the property; the first booking at €450 for 3 nights; the €2,000 generated in just 15 days in December; then the annual revenue of around €20,000 from a single studio; and why I chose a French real estate investment company (SCI) subject to corporate income tax (IS) to manage this type of property. This episode also reveals the less glamorous side of things: renovation delays, managing guest arrivals, cleaning, the slow periods in January/February, and the need to quickly streamline operations. The real lesson: a good real estate deal isn't just about the purchase price. It's about location, an operating strategy, a suitable legal structure, and the ability to transform a standard property into a highly profitable asset. YouTube Chapters 00:00 Introduction to Episode 3 00:08 The tax issues of traditional rentals 00:22 The arrival of Airbnb in France 00:32 Why the Airbnb model appealed to me 01:00 Initial analysis of the Strasbourg market 01:18 Why short-term rentals change profitability 01:49 How I identified the Airbnb trend 02:29 Finding the right property to develop 03:00 Why owning a property name becomes complicated 03:36 Choosing a SCI (French real estate company) subject to corporate income tax 04:00 The essential criteria for the ideal property 04:30 Train station, city center, elevator: my target area 05:17 The importance of visiting properties to understand the market 06:00 The perfect studio apartment found in Strasbourg 06:40 Balcony, quiet location, no overlooking neighbors: love at first sight 07:25 The asking price and the renovation budget 08:05 The Negotiation with the real estate agent 09:25 The low offer and the agreement at €74,000 10:06 The urgency to finish before the Christmas market 10:44 The renovations and delays 11:27 Furnishing, decorating, and professional photos 11:48 First booking the very next day 12:05 €450 for 3 nights: validating the model 13:14 €2,000 generated in 15 days 13:43 The real constraints of short-term rentals 14:10 The problem of guest arrivals 14:44 Automating access with a key box and remote opening 15:16 Cleaning and industrialization 15:35 The January/February lull 15:46 €20,000 annual revenue from a studio apartment 16:17 Depreciation, expenses, and low taxes 16:45 Deal Validated: Search for other properties 5:00 PM How a French real estate investment company (SCI) operates under corporate income tax (IS) 5:21 PM The substitution clause in the preliminary sales agreement 6:00 PM The pitfalls of reselling through an SCI under corporate income tax (IS) 6:34 PM Why the company is called Quasar Investments 7:04 PM The model is validated 7:16 PM Teaser for episode 4 👉 Discover IMMONAI: https://immonai.com 👉 Follow me on LinkedIn:   / thierry-obrecht-32a422a   👉 Follow me on Instagram:   / immonai.ai   👉 TikTok:   / immonai.fr   👉 Twitter: https://x.com/immonai_fr ⚠️ This video shares a personal experience and does not constitute professional advice. Personalized financial, tax, or wealth management advice. Before investing, do your own research and consult professionals suited to your situation. #realestate #realestateinvestment #cashflow #renovations #taxation