The mission of Model Agency One

Stephan explains MAO’s mission: to provide young people, regardless of their age, with free recommendations for modeling agencies. The list includes the most exciting cities in the fashion industry and helps you find the perfect starting point for your modeling career.

Find your model agency, on:

• Model Agency One

The diversity of modeling agencies

One of the most important things Stephan emphasizes is the diversity of modeling agencies. There are agencies for different looks and types, be it for TV commercials or high fashion. Model Agency One will help you find the right agency for your individual needs.

3 valuable tips for modeling

Stephan shares three crucial tips for aspiring models:

1. Check the agency’s portfolio and work: Take a look at the agency’s models, jobs and clients. This will give you an insight into their quality and experience.
2. Never pay money for a contract: Reputable agencies earn money by placing jobs, not prospective models.
3. Apply to several agencies: Apply to several agencies in your city. This increases your chances of being selected by an agency that will support you.

The importance of Polaroids

You don’t need professional photos for your application. Agencies often work with Polaroids, natural photos taken in daylight. Your smartphone is enough to take portrait and full-body photos.

Want to become a model? Let’s go!

Stephan concludes the video with words of encouragement and encourages aspiring models to pursue their dreams. He also refers to his book “The Model Book” and his podcast “The Model Podcast”, which offer further valuable information for aspiring models – including you!

Find your model agency, on:

• Model Agency One

Stephan’s “The Model Book”: Now in German, English, Spanish & Co.

In “The Model Book” you will not only find a guide, but also a source of inspiration for your modeling dreams. Stephan Czaja’s dedication and passion for the modeling industry shines through in every chapter of the book and in this video. Whether you’re just beginning your modeling journey or looking to take your career to the next level, “The Model Book” is the key to your success in the exciting world of modeling. Let Stephan Czaja guide you along the way and get started!

• The Model Book – English
• The Model Book – Spanish
• The Model Book – German
• The Model Book – Italian

Tip! Listen to the book for free in the Model Podcast on Spotify, Deezer & Co.

• Model Podcast

Crowdinvesting: basics and rental yields

Invest in real estate instead of the next sneaker? Sounds strange, but that’s no longer a problem with crowdinvesting. Crowdinvestment means as much as real estate investment for everyone. But what exactly is crowdinvesting?

Here in short, before we go into details, the most important summarized on the subject of crowdinvestment:

• Many shares of a property divided to private individuals
• Only a small outlay of equity
• Loan is not paid to developer, but only participation in property

What does crowdinvestment mean exactly?

Crowdinvestments are very similar to a corporation that sells many company shares to private individuals and institutions in order to obtain the necessary financing for the company’s growth. So too, with crowdinvestments, individual shares of a property are sold to private investors. The advantage? You can invest in such real estate even with a small amount of equity and thus secure your pension.

• Comparison: stock corporation
• Many shares of a property divided to private individuals
• Only a small outlay of equity

How does crowdinvestment work in the first place?

Let’s stay with the example of the stock corporation. When a property is newly built or renovated, it is published on a special crowdinvestment platform. This is responsible for the distribution of the real estate shares to capital investors. Through the platforms, the owners are considerably relieved.

Differences from a normal investment:

• No targeted partners for financing, but division of the property by platform
• Loan is not paid to developer, but only participation in property
• Share is not used for personal use, one obtains the part of a yield

How do I find profitable real estate?

In order to know which property is worth investing in, one should know what the return on investment of the respective property is. Here you can use a simple formula to calculate this.

Formula Rental Yield:

Annual rent / investment x 100 = rental yield

If you want to know even more about rental yield, read our article Rental yield and purchase price factor here.

Financing real estate yourself? Equity

When you’re young, you often don’t have the equity directly available to invest in a property. Thus, equity probably plays the biggest role in real estate purchases for first-time investors. Many ask themselves the question, how much equity do you need at all for a regular property?

Equity depending on the situation

The answer is always related to the location of the property. If your property is in an A location such as Munich, Cologne or Hamburg, it is unaffordable for most people. In a B – location or good C- location, however, the prices fall. Depending on the micro-location, prices can also vary depending on how far into the city center you want to live.

• A- location (big city) extremely expensive
• B- location and good C- location moderate prices
• Microlocation is crucial

Equity investment depending on financing

No matter what the final purchase price of a property, the bank usually always requires an equity contribution of 15%, especially for first-time investors. In addition, one must always reckon with the addition of the ancillary purchase costs, brokerage costs (if commissioned) and the land transfer tax.

• 15% equity investment

Real estate as an investment: Provision for old age

Our pension is getting smaller and smaller and our money in the bank is subject to inflation in any case. So we are left with real estate as a good way to invest our money, as it neither loses its value due to inflation nor is it always in demand. Moreover, after a few years we benefit from the increase in value of the property.

The great advantage of a property as an investment is that it is rented out, unless you want to buy your property for your own use. The income from the rent generates a constant cash flow, with which the property and all costs incurred can be covered. By earning a high return at best, you build wealth on top of that. In addition, real estate always remains fairly constant on the market, which means that you minimize risk when you buy.

• Real estate is stable in value
• Real estate offers inflation protection
• Real estate provides constant cash flow
• Asset building

Crowdinvesting: Videos

To better illustrate crowdfunding, we have two videos here for you to illustrate the point.

What is crowdinvesting?

Here, crowdinvesting is explained to you with the help of graphics and drawings.