Real Estate Investment · Long-term Value
Building wealth that
lasts.
Real estate portfolio in the Karlsruhe region & Rhine-Neckar.
Buy & Hold — conservatively calculated, long-term oriented.
Who We Are
Hauke Lüdemann
Analysis & Strategy
M.Sc. Physics (Heidelberg & KIT). Software Developer at zollsoft (healthcare IT). Handles acquisition, broker relationships, and builds tools to support our investment decisions.
Natalie Lüdemann
Operations & Coordination
B.Sc. Business Informatics (HS Karlsruhe). SAP Inhouse Consultant at dmTECH, 10+ years. Manages tenant relations and portfolio operations.
Investment Strategy
Long-term Growth
We think in decades, not quarters. Every investment must carry itself long-term and fit the overall portfolio.
Cashflow Focus
Every property needs a clear path to positive cashflow — at the latest after two rent adjustments.
Active Management
Careful selection, targeted rent development, and professional management. Happy tenants are the foundation for stable income.
Conservative Calculation
Three-scenario analysis for every acquisition. We only invest when the worst case remains manageable.
Growth Plan
Foundation (2023–2026)
First apartments acquired. Processes established. Key experience gained. ✓ Completed.
Expansion (2026–2029)
Growing to 5–10 units. Focus on properties with development potential in our target regions.
Scaling (2029–2034)
Target: 10–20 units. Professionalization of property management. Passive income stream.
Scenario Analysis
| Faktor | Best Case | Base Case | Worst Case |
|---|---|---|---|
| Mietentwicklung | +2 % p.a. | +0,5–1 % p.a. | Stagnation |
| Mietausfall | < 1 % | 2–3 % | 3–5 % |
| Wertsteigerung | +2–3 % p.a. | +1 % p.a. | Stagnation |
| Annuität nach Zinsbindung | < 5 % | 5–6 % | 8 % (Stresstest) |
| Sonderumlage | Keine | Bis 5.000 € | 10–20.000 € |
“Every acquisition must remain manageable even in the worst case — for the bank, the tenants, and for us.”
Financing & Legal
Bank Partnership
- Eigenkapital Kaufnebenkosten
- Zinsbindung Mind. 10 Jahre
- Anf. Tilgung 1,0–1,5 %
- Sicherheiten Grundschuld
- Sanierung Mitfinanziert
- check Complete documentation per acquisition
- check Transparent portfolio communication
- check Reliable servicing of all loan rates
- check Long-term relationship, not bank hopping
- check 1–3 acquisitions per year
Legal Setup
Tax-free sale after 10y holding period. New depreciation on new purchase price.
New eGbR every 1–2 years for clean phase separation.
Efficient conversion possible when the portfolio requires it.
Portfolio Details
Detailed information about our properties, financials, and legal structure is available on request.