Paris Estate of Mind

Following up on our previous episode about diagnostics, we wanted to mention something very important that has happened recently in France. There are new laws that will change whether or not someone can sell, rent, or raise the rent on an apartment. These laws are all related to energy efficiency. You know when you purchase appliances, and you see they all have energy rating - A, B, C, D, E…? Well...

If you’ve ever thought of renting, purchasing, or selling a place in France, you’ll need to know what a 'diagnostics report' is. When you see a doctor for a check up, she will give you different tests. Well, this is the same thing, except it's for a property. In today’s episode, we investigate what a diagnostics report should cover, why it’s important, and what to do if things go wrong! Join us on...

At the end of each season, we like to answer questions we have been asked by our listeners. We hope you learn some important and useful things and don't forget to submit questions for future episodes - who knows, we may have you on as a guest! Thank you for your support!! Join us on Patreon: https://www.patreon.com/parisundergroundradio Find Us Online Website: https:/parisundergroundradio.com/pari...

What is the owner required to do in terms of work and what should the renter allow? And what if work goes on longer than expected? Can a renter ask for compensation or rent reductions? Can they just stop paying their rent? These questions and more are answered in this episode. Listen now to hear what we have to say! Join us on Patreon: https://www.patreon.com/parisundergroundradio Find Us Online W...

Don't even THINK of using duct tape to 'repair' something and don't expect your guests to shower in a mouldy bathroom - would you want to? These are just some of the things you need to consider. Our advice is to stay in your own rental property and critique it like you would a five-star hotel. Join us on Patreon: www;patreon.com/parisundergroundradio Find Us Online Website: https:/parisunderground...

This is very important! Make sure you are using someone who has a registered business. The relationship between the manager and the owner is vital, as each of you need to understand one another in order for things to work. Sort of sounds like advice for any type of relationship, don't you think? splm-france.fr Join us on Patreon: www.patreon.com/parisundergroundradio Find Us Online Website: https:...

To DIY or not to DIY, that is the question. Do you install a new toilet on your own or do you have a professional do it for you? And, if you DID install it on your own, did you end up having to get the plumber to come and 'fix' it? ... Need we say more? Find Us Online Website: https:/parisundergroundradio.com/parisestateofmind Facebook: https://www.facebook.com/parisundergroundradio Instagram: htt...

Setting up a property for short stays is not the same as setting up a furnished rental that can be let for longer periods of time. There are a lot of details (and costs!) that you may not have considered. You also have to realise who you are catering to: someone coming to Paris for a week at a holiday flat will have more expectations than someone who is renting for a number of months. 'The devil i...

We’re back for Part 2 of our Two-Part Series on Fractional Ownership. This week, we’ll ask industry-specialist Adrian Leeds the big questions: how do you set up this type of purchase for multiple owners? What happens if you want to sell it or if one party dies? No, this is not an excuse to talk about death, but these are some of the questions we thought you might like to have answers to! Visit Adr...

This week, we start our Two-Part Series with industry-specialist Adrian Leeds. Adrian explains what Fractional Ownership is all about, and what the origin of the concept stems from. Think it’s like Timesharing? You will be very surprised with what you discover. Visit Adrian's website for more details or contact her team at info@adrianleeds.com https://adrianleeds.com Find Us Online Website: https:...

t's the dream of so many people to own a little piece of Paris to call their home. If you are lucky enough to own a place in Paris, can you rent it out when you are not here? And what if your property is elsewhere in France? Well, that depends... Is it where you live most of the year or is it a place you come to for a holiday? Find the answers in today’s episode. As always, remember that paperwork...

You have probably heard the quote, "In this world nothing can be said to be certain, except death and taxes.” Well, that is true and today we will talk about one of them! Did you know that there is a special tax you have to pay on a property that is left empty? On top of that, the criteria for whether or not you have to pay is not as simple as you may think. But is it ever? Find Us Online Website:...

Season 1 Finale: For the end of our first season, we decided to answer some questions we received plus give you an idea of what some of the topics will be for next season. Are you responsible if your dog eats your sofa? Maybe? Maybe not? Listen and find out. Find Us Online Website: https:/parisundergroundradio.com/parisestateofmind Facebook: https://www.facebook.com/parisundergroundradio Instagram...

So, you have an apartment and you have furnished it. The big question now is what sort of insurance you need. As always, it's not as simple as what you may think. There are also different types of insurance based on the type of rentals you have. Find Us Online Website: https:/parisundergroundradio.com/parisestateofmind Facebook: https://www.facebook.com/parisundergroundradio Instagram: https://www...

You have found the apartment of your dreams (or your nightmares!) and you wake up to a flood because of a water leak. What type of insurance do you need and who covers what to deal with that water dripping on your new computer? Find Us Online Website: https:/parisundergroundradio.com/parisestateofmind Facebook: https://www.facebook.com/parisundergroundradio Instagram: https://www.instagram.com/par...

You may not be aware but there is such a thing of 'recoverable rental charges' owners can obtain from their tenants. In Episode 12, Part 2, we get more into details about how tenants are charged (there are two different methods) and calculations. You also get to see how bad Gail's English sometimes is when she doesn't know the English word for 'forfait'! Find Us Online Website: https:/parisundergr...

You may not be aware, but there is such a thing as 'recoverable rental charges,’ which owners can obtain from their tenants. In Episode 11, Part 1, we explain what these charges are. It’s not as straightforward as you may think - but is it ever?! Find Us Online Website: https:/parisundergroundradio.com/parisestateofmind Facebook: https://www.facebook.com/parisundergroundradio Instagram: https://ww...

Apart from income tax, what are the different taxes that need to be paid? And who is responsible for what when it comes to a rented property? And what is a Taxe d'enlèvement des ordures ménagères?! All these questions and more answered for you! Find Us Online Website: https:/parisundergroundradio.com/parisestateofmind Facebook: https://www.facebook.com/parisundergroundradio Instagram: https://www....

Episode 9 - Etat des lieux: Part 2 Today’s podcast is an important follow-up to last week’s episode. Gail and Marie go in-depth about who is responsible for what in terms of maintenance, things that go wrong and more in an apartment rental. It's important to probably listen to this episode TWICE and take notes! Did you know that if you don't replace a light bulb at the end of your stay, your secur...

Today’s podcast is a focus on the état des lieux or 'state of the property' and we will try to explain why it’s really important to have one upon check in AND check out. This episode is important for both owners and tenants - it's a very hot topic if you are concerned about getting your security deposit back. Find out why you need to mention dust bunnies (or find out what a dusty bunny is in Frenc...

In today’s episode, Gail and Marie discuss Viagers. ‘Viager’ comes from the old French word ‘viage,’ which means 'duration of life.’ This is a unique way to buy and sell a property in France. The closest translation we have in English would be 'life annuity property'... It may sound a bit creepy, but you buy a property and wait for the person to die! Liste while we explain why it's not as creepy a...

This week, we have a special guest! Yolanda Robins of the Paris Property Chronicles talks with us about apartment hunting as well as why and when to use a property hunter. Some of her excellent advice is to make a list and be realistic. Find out more in the latest episode of Paris Estate of Mind and you'll see why 'time is money!' You can contact Yolanda through her site: https://www.parismacimmo....

What are the first steps you need to take when purchasing an apartment? In today’s episode, Gail and Marie talk about these steps and much more, including some of the documents you should be sure to ask for, how to make an offer, and if and how you can back out of an offer after you’ve made it. As it's a long process, this will be Part 1 of the series. Their strongest advice to those hunting? Use...

In today’s episode, Gail and Marie talk about the different types of rental contracts, including short-, medium-, and long-stay, and corporate leases. They dispel myths about vacation rentals, and whether or not it’s possible to buy an apartment in France as a non-resident and rent it out while you’re away. They also investigate which contracts can be used for primary or secondary residences – we...

What do you do with an apartment you’ve just bought? In today’s episode, Gail and Marie look at apartment rentals from the owner’s perspective. They discuss how to decide whether an apartment should be rented furnished or unfurnished, what needs to be included in a furnished rental, who pays taxe d’habitation, and how to set rental rates. Additional Information: Legal requirements for apartments t...