RENTING vs BUYING A HOUSE IN CALGARY, ALBERTA

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  • Опубликовано: 15 сен 2024
  • In this video, we'll compare renting vs buying a house in Calgary, Alberta. We'll cover the pros and cons of each option, and help you decide which is the best for you.
    If you're thinking about moving to Calgary, this video is a must-watch! We'll discuss all the benefits and drawbacks of renting vs. buying a house in Calgary, and help you decide which is the best option for you. After watching this video, you'll have all the information you need to make an informed decision!
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Комментарии • 83

  • @LifeofRishabh
    @LifeofRishabh  Год назад +4

    Feel free to share your suggestions!😊❤️

    • @LifeofRishabh
      @LifeofRishabh  Год назад

      @dan besa You may find it on Kijiji, Facebook groups and other websites like rentfaster.ca

    • @drvipinredhu
      @drvipinredhu Год назад

      Shadi krlo ya hone tk wait. :)

  • @akashaujla4250
    @akashaujla4250 Год назад +10

    Having this kind of knowledge about real estate sector in such a young age is truly appreciable...keep going brother and best wishes for your future goals..👏👏♥️♥️

  • @89ALEE
    @89ALEE Год назад +4

    All the valid points. There is also a cost of maintenance for owning an apartment. If you are thinking 2 lac ka ghar ka EMI long term mein problem kar sakhta to career pe focus karo wo ziyada beneficial rahe ga.

  • @kaivanganwani4088
    @kaivanganwani4088 Год назад

    Thanks for making this video. It definitely widens my horizons of property buying! Looking forward for more such content on other topics!

  • @manindersandhu6810
    @manindersandhu6810 Год назад +1

    Really valid points

  • @01234567594
    @01234567594 Год назад +2

    Can you do a video in English as well please as I do not understand your language and also I've been following your videos since you came from Toronto thanks brother by the way my kids are Indian I'm Spanish

  • @AmandeepSingh-bk6tx
    @AmandeepSingh-bk6tx Год назад +3

    Hi Rishabh. Great content as usual. I would suggest to wait and buy a freehold townhouse. Buying an apartment in Calgary is not a good investment.

  • @simranjeetmatharoo3953
    @simranjeetmatharoo3953 Год назад +5

    Best advice is to book a townhouse with the builder, nowadays prices are quite low.

    • @gurkanwalsingh5176
      @gurkanwalsingh5176 Год назад

      Very subjective as interest rate environment is not very favourable, a person who doesn't have a back up to close may find themselves stuck if they can't get a mortgage once the presale is complete due to whatever reason. You invite the risk of losing deposit and a possible law suit by the builder.

    • @simranjeetmatharoo3953
      @simranjeetmatharoo3953 Год назад

      @@gurkanwalsingh5176 it worked for me after renting for 10 years. Now I have my own new house without any mortgage and home is 30 percent more expensive than I bought for

    • @gurkanwalsingh5176
      @gurkanwalsingh5176 Год назад

      I have received 3 calls in one week alone where people mentioned they booked for a price and now they can't get approvals since rates are high and incomes haven't improved. So that's why I said it's a subjective advice. Good for you that it worked but there are many others who regret the decision of not having a back up plan.

  • @baljitsinghkhalis
    @baljitsinghkhalis Год назад

    Good information and ur perspective

  • @Paramj_Singh
    @Paramj_Singh Год назад +1

    Bro make a video about investing in TFSA or RRSP. I contacted an IA financial agent he told me about various etfs and their investment performance over time. I am bit confused about selecting the right one. Please make a video on this topic🙏

  • @GOATStoriesinspiration
    @GOATStoriesinspiration Год назад +2

    You forgot about Heloc on apartment, when its value will appreciate and that helpc will help you to give down payment for second property. but, giving your career priority is more important for today.

    • @LifeofRishabh
      @LifeofRishabh  Год назад +1

      Apartment’s value in Calgary doesn’t appreciate anytime soon so it will be a long waiting period before cashing out

    • @gurkanwalsingh5176
      @gurkanwalsingh5176 Год назад

      If you don't have 20% to put down to begin with forget the HELOC. Easier said than done.

  • @ans512
    @ans512 Год назад +2

    Bro, you are full of good wisdom..........great decision.

  • @timus90210
    @timus90210 Год назад +1

    Nice video. (If possible, pls avoid or lower background music in future, it gets difficult to hear ur podcast while driving)

  • @amitachopra5883
    @amitachopra5883 Год назад

    Your videos .,. very motivated 👍👍
    All the best 👍💯

  • @Clarityinlife335
    @Clarityinlife335 Год назад +1

    Arey bhaiya aap detached house buy karo apna 6 ya 7 lakh ka. Rental income bohot take care kar legi. Baaki paisa jod jod ke loan prepay kar dena. Floating interest rate lena taaki prepay ke waqt prepay fees na deni pade.

    • @gurkanwalsingh5176
      @gurkanwalsingh5176 Год назад +1

      There is still a prepayment penalty equivalent to 3 months interest on a variable mortgage.

    • @Clarityinlife335
      @Clarityinlife335 Год назад +2

      @@gurkanwalsingh5176 mereko pata nahi tha iske baare mein. Aur tab bhi faayde ka hee sauda hai jaldi thodi si penalty pay karke debt ke jaal se azaad ho jaana

  • @crazyforrides7859
    @crazyforrides7859 Год назад

    Liked , before watching bcoz i know content would be best .

  • @A_Different_ViewPoint.
    @A_Different_ViewPoint. Год назад

    Right decision 👍

  • @shubhamsondhi
    @shubhamsondhi Год назад

    Hi Rishabha, I can relate with you. Just have one question for you in which field you are working?

  • @jashandeepsingh5507
    @jashandeepsingh5507 Год назад +1

    Bro make video on ways to move from 🇨🇦 to 🇺🇸

  • @zahidbaig2407
    @zahidbaig2407 Год назад

    Good Analysis my friend..

  • @sheelpatel1822
    @sheelpatel1822 Год назад

    Bro i want to ask that the Lethbridge city is good for international student like they get the easy job and accomodation over there pls reply me..

  • @kushrajbhatia1119
    @kushrajbhatia1119 Год назад

    Is it wise to buy property in Calgary or Srathmore ( a city 30 mins away from Calgary)?

  • @ranjitkaurbasra
    @ranjitkaurbasra Год назад

    Can a work permit holder buy a home in Calgary ?

  • @rizwanlhr1123
    @rizwanlhr1123 Год назад

    Nice👍

  • @bonjour8187
    @bonjour8187 Год назад

    website te ja k traffic police say bar bar request kero k bhai laws thoray soft/ gentle krein , awein 1 ya 2 km te ticket na dein loogo ko plz be gentle u guys r human not robot

    • @bonjour8187
      @bonjour8187 Год назад

      Bro. if u r reading msgs plz make video on motion law or how to get PR ontario pnp though fresh video , most of yr videos have been very helpful for me , thank you for yr great videos and stay safe n happy bro.
      thank u again for yr wonderful videos !!

  • @ars4562
    @ars4562 Год назад +1

    Hey Man, really appreciate your efforts, I have a question, how do you feel living alone? I am actually starting to live by myself, and have a similar life to you working from home, but how do you manage? is it worth it?

    • @LifeofRishabh
      @LifeofRishabh  Год назад +1

      I stay mostly busy so I never feel alone

  • @VinodKumar-yu5de
    @VinodKumar-yu5de Год назад

    Nice Video 👌

  • @KrishMapleVoyage
    @KrishMapleVoyage Год назад +2

    Bhaiya SAIT KE bare mien bta doo

  • @Humanisawoman
    @Humanisawoman Год назад

    Hi can u help me find a readonable 2 bed appt

  • @sachinbhatia81
    @sachinbhatia81 Год назад

    Right attitude and different from agenda by agent sponsored agenda by Toronto vloggers

  • @shoaibvlogs666
    @shoaibvlogs666 Год назад +1

    Advanced diploma me canada me ake kya normal dioloma me move ho satte he pls reply

  • @ibrahimm2012
    @ibrahimm2012 Год назад

    Then when r u planning to buy?

  • @SantoshKumar-ky8zh
    @SantoshKumar-ky8zh Год назад

    Bhai gts ka btao... study me gap ho to..... Or kis area me aana sahi chota town sahi rhega koi

  • @sukhjindersinghsandhu3856
    @sukhjindersinghsandhu3856 Год назад

    Hlo.. veer kise employment agency da number hega calgary ch ta bhej dio... jo cash te kam dinde hon

  • @gurkiratsingh1573
    @gurkiratsingh1573 Год назад

    Good decision. Get married and then buy town house straight or a house

    • @LifeofRishabh
      @LifeofRishabh  Год назад

      That’s not the plan but I will wait 😆

  • @MKArora-xo8bo
    @MKArora-xo8bo Год назад

    nice video ...👍 please suggest a good building in downtown , with reasonable rental amount, I want 1BHK

    • @LifeofRishabh
      @LifeofRishabh  Год назад +2

      I would suggest you checking on Rentfaster.ca

    • @MKArora-xo8bo
      @MKArora-xo8bo Год назад

      @@LifeofRishabh thanks alot for your reply Rishab 👍
      actually I did , but as you told in your last video that you are paying around $1000 rent but when I checked out on this website, the rent amount was arround 1400 or $1500

    • @LifeofRishabh
      @LifeofRishabh  Год назад

      @@MKArora-xo8bo Rental prices has gone up

  • @kkjain3336
    @kkjain3336 Год назад

    Chmc 4% + Closing 3%+ selling brokerage 5% ? ,+ Interest

  • @japjeetgill5655insta
    @japjeetgill5655insta Год назад

    Bhai plzz Ciot calagary me hai uske baare me bta do ? Is its good or not ? Plzz reply bro

    • @LifeofRishabh
      @LifeofRishabh  Год назад +1

      Brother what do you mean by CIOT?

    • @japjeetgill5655insta
      @japjeetgill5655insta Год назад

      @@LifeofRishabh bro this institute is associated by portage college in calagary alberta real name is Ciot institution in calagary ? Iske baare me kush btao agar apko sch me pta hai to

  • @theindianbeast6476
    @theindianbeast6476 Год назад

    Go for a house... U will not regret

  • @Aman-hg3xm
    @Aman-hg3xm Год назад

    bai background music di volume thori ghat rakheya kr.

  • @alifitnesssolution
    @alifitnesssolution Год назад

    its worst thing if u buy property. is liability.

  • @balrajsingh7395
    @balrajsingh7395 Год назад

    Bro abhi me 12th me hu or agr agle saal aoon to muje at least pr lene me 3 saal to lgenge or fir pdai bhi krni h lgalo 2 saal to aaj se 2022 se 6 saal baad 2028 k kreeb tk kya calgary bhi Toronto jitna expensive hojayega

    • @LifeofRishabh
      @LifeofRishabh  Год назад

      Toronto and Vancouver will always remain the most expensive

    • @balrajsingh7395
      @balrajsingh7395 Год назад

      Bro me aage ane wali baat krra hu calgary me houses ke prices khi double na hojaye

    • @LifeofRishabh
      @LifeofRishabh  Год назад

      @@balrajsingh7395 Brother Calgary ho ya Delhi time k saath sb jagah expensive honi hi hai usme koi shakk nahi h

    • @balrajsingh7395
      @balrajsingh7395 Год назад

      @@LifeofRishabh bhai baat to whi agi me calgary isliye sochra tha ki houses saste hai or baad me wo bhi expensive hojayenge fir bnda kre kya

  • @vijaybansal6185
    @vijaybansal6185 Год назад

    Canada is worth in 2023 because someone says that in 23 canada will come in recession

  • @jagsirdhaliwal397
    @jagsirdhaliwal397 Год назад

  • @mpgrewal00
    @mpgrewal00 Год назад

    chote chote bacche vi ab property ke khawab dekh rahe hai. wah! prices will double by 2030 once interest rates are cut in 2024. Abhi aagey agey dekho hota hai kya.

    • @LifeofRishabh
      @LifeofRishabh  Год назад +1

      Hahhaa choti soch rakhne wale bhi comment krege😆

  • @aiimsveinsvlogs
    @aiimsveinsvlogs Год назад

    Nice 👍 Hindi

  • @bharatkaul7312
    @bharatkaul7312 Год назад

    Bro please make videos in Punjabi

  • @jashandeepsingh5507
    @jashandeepsingh5507 Год назад

    Bro commerce wla banda canada pohonch ke nursing ka course le skta hai?

  • @bhupendergehlaut8439
    @bhupendergehlaut8439 Год назад

    Beta shadi ke bad house buy kar lena,dono ki eligibility ho jayegi.

  • @ajayveersingh687
    @ajayveersingh687 Год назад

    🤘🤘✌️

  • @yodhasohal2518
    @yodhasohal2518 Год назад

    Bro insta I’d