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After the previous podcast about half-priced real estate in Riga, Giedrius Skärys decided to invest in 4 studios in Riga together with Tomas Griž. During our visit to Riga, we visited the real estate objects already under repair by investor and short-term real estate rental guru Tomas Griž. We viewed a total of 3 studio apartments and a studio apartment in a building with a long history, which is under renovation. There was also a mini-challenge here - will Tom's plan to finish setting up the studio in 2 weeks be realistic? The pluses and minuses of the courtyard, parking, new apartment layouts, builders' fault and interesting finds after demolishing walls. Tom's unusual position is to invest in quality even in rental properties, and why does he see the point in this? And the most fun part is the calculations of real estate investments and expected returns. Podcast where we compare the real estate markets of Vilnius and Riga: • Twice as cheap Apartments in Riga! Apartments k... 00:00 Intro 00:40 Inspection of Riga objects 01:25 Inner courtyard 03:15 Parking 03:41 Studio 1 04:49 We tear down walls 07:01 Studio 2 08:32 Studio 3 10:21 New layout 13 :19 Investments 14:58 Planned returns in studios 1-3 16:03 Next steps 16:57 Studio 4 18:18 Unique object 18:55 Object inspection 19:38 Investments in quality 20:46 Calculating returns 23:36 Builders' defect 25: 29 2-week challenge 26:15 Challenge result