Great video! Very informative. Some additional points I think we should consider are - New homes do not come with Appliances (the cost of buying appliances is around 15k) - Capital gain taxes - To check for assignment clause ( this will not allow the buyer to assign the contract before closing or pay assignment fees - generally fees are $5k- $25k)
Id like to ask more questions because i would be going into busnies with two my friends is their any licenses that are needed to be a investor for construction properties ? @@AdityaKumarSoma
Pre construction is great for someone has maxed out their credit or has access cash pool just sitting around. If that's not the case, hit the resale market first folks. In real estate class they teach you that money now is always better than money later.
This video aged well with your clients by losing 200k of money. Aha moment for realtors and builders as they already made money, appreciation is almost guaranteed. Wtf how many people have you financially destroyed
Good videos as always but some open questions. If one books Pre-Con and at the time of possession , the mortgage is refused for what ever reason, how one makes money as you never full paid for the property and now selling for 100K more. In other words when the property was never in your name , how you can make money and what happens in that case.
Hello aditiya... love your content.. keep it up... quick question,, can a new immigrant who just landed 1 month ago, with no credit history or job, can book a pre-construction if he has the required money?
Hi Aditya, I have got a question for you. How risky is it to signed a contract for preconstruction house that will be finished in 2027? With the economic climate all over Canada, interest rates and perhaps house depreciation of appreciation gambling?
what happens if the value of the property reduces for some reason than during the time you buy the contract. wouldn't we multiply the losses by a large factor too. I guess at that point you're left with no option but to actually take on the expensive mortgage and just have to hold on to the asset. worst case would be if you don't qualify for the mortgage at the time of closing because then you'll be forced to sell at a loss and would take on debt.
Hello bro! I’m Pakistani based international student studing real estate course in Australia, is it possible to work with Australian license?? Or should I switch my course to canada?
Great video! Very informative. Some additional points I think we should consider are
- New homes do not come with Appliances (the cost of buying appliances is around 15k)
- Capital gain taxes
- To check for assignment clause ( this will not allow the buyer to assign the contract before closing or pay assignment fees - generally fees are $5k- $25k)
This video topped it all for me amazing video thank you this is really going help me with my start up busniess.
Great to hear!
Id like to ask more questions because i would be going into busnies with two my friends is their any licenses that are needed to be a investor for construction properties ?
@@AdityaKumarSoma
Great video.. just one thing selling contract before final closing has very high tax implications (HST + income tax) that takes away a lot of money.
Pre construction is great for someone has maxed out their credit or has access cash pool just sitting around. If that's not the case, hit the resale market first folks. In real estate class they teach you that money now is always better than money later.
Absolutely !
Really love all your videos. I have learned so much through your videos. Hope to meet you someday.
I love your videos. very educative
Happy to hear that!
Chaala baa chepar anna really helpful thank you.
thank u
This video aged well with your clients by losing 200k of money. Aha moment for realtors and builders as they already made money, appreciation is almost guaranteed. Wtf how many people have you financially destroyed
Good videos as always but some open questions. If one books Pre-Con and at the time of possession , the mortgage is refused for what ever reason, how one makes money as you never full paid for the property and now selling for 100K more. In other words when the property was never in your name , how you can make money and what happens in that case.
Hello aditiya... love your content.. keep it up... quick question,, can a new immigrant who just landed 1 month ago, with no credit history or job, can book a pre-construction if he has the required money?
awesome!
Hi Aditya,
I have got a question for you. How risky is it to signed a contract for preconstruction house that will be finished in 2027? With the economic climate all over Canada, interest rates and perhaps house depreciation of appreciation gambling?
Hi Soma,
I am from Regina SK. Is there any projects in windsor fro pre-const investment.
what happens if the value of the property reduces for some reason than during the time you buy the contract. wouldn't we multiply the losses by a large factor too. I guess at that point you're left with no option but to actually take on the expensive mortgage and just have to hold on to the asset. worst case would be if you don't qualify for the mortgage at the time of closing because then you'll be forced to sell at a loss and would take on debt.
Can i work full time job while studying real estate? Plz help
You know
highly risky if labor shortage high interest rates and economic instability issues in the country
Let us know about your thoughts about your last two pre con projects
Either positive or negative recommendations
Hello bro! I’m Pakistani based international student studing real estate course in Australia, is it possible to work with Australian license??
Or should I switch my course to canada?
Man what you guys have problem just running from one country to other country
Anna me inti peru soma na cheppu i am kurnool andhrapradesh