Income Property in Calgary | What A $460,000 Calgary Real Estate Investment Looks Like!

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  • เผยแพร่เมื่อ 8 ต.ค. 2024

ความคิดเห็น • 106

  • @LiveInnerCity
    @LiveInnerCity  3 ปีที่แล้ว +7

    So, do you think this is a good investment? All that for $460,000 with $600 cash flow per month, we think it's well worth it. What about you?

    • @alviashafeeq8191
      @alviashafeeq8191 3 ปีที่แล้ว

      What property is this? Is it innercity?

    • @muhammadumerbaig3504
      @muhammadumerbaig3504 3 ปีที่แล้ว

      How much down payment u have to pay for that ?

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว

      @@alviashafeeq8191 This property is in the NE by the airport

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว

      @@muhammadumerbaig3504 Only 5% IF you are living in it (live up or rent down). ALL income properties are minimum 20% and mortgage rates are higher

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว

      @@mikeken4471 Hi there, please send us an e-mail at hello@liveinnercity.com and we can share all the information, including the cash flow analysis for you. Thanks!

  • @patryvlogsencanada1929
    @patryvlogsencanada1929 2 ปีที่แล้ว +1

    Thanks for the info! Very helpful 👏

    • @LiveInnerCity
      @LiveInnerCity  2 ปีที่แล้ว +1

      Great to hear! The prices are much higher now but it gives you an idea of the types of investment properties that are available here in Calgary!

  • @jojo-bj8vm
    @jojo-bj8vm 2 ปีที่แล้ว +1

    how much does the property rent for ?...........5% down payment on 460k is 23k, cash flow 600/month is 7.2k/yr....ROI 7.2/23 is 31%, that's too good to be true.

    • @LiveInnerCity
      @LiveInnerCity  ปีที่แล้ว +1

      Hey @Jojo! The cost of these are now around $650k but can rent for $3400 - $3600. Times have drastically changed since posting this video lol

  • @dr.kulanehashi
    @dr.kulanehashi ปีที่แล้ว

    That’s amazing thanks ! I’m from Ontario but I’m interested in Calgary real estate! Well done guys !

    • @LiveInnerCity
      @LiveInnerCity  ปีที่แล้ว

      Hi Dr. Hashi! Happy you found our TH-cam channel. If you're interested in learning more about Calgary real estate, don't hesitate to email us at hello@liveinnercity.com
      Thank you for the compliments!

  • @healthvantage
    @healthvantage 2 ปีที่แล้ว +1

    awesome videos...very usefule info. thx. very much.

    • @LiveInnerCity
      @LiveInnerCity  2 ปีที่แล้ว +1

      Thank you, my friend! Are you looking to legalize your basement soon?

  • @dannyschotz5206
    @dannyschotz5206 2 ปีที่แล้ว +1

    Nice, I will take 4 of them

    • @LiveInnerCity
      @LiveInnerCity  2 ปีที่แล้ว +1

      Done! Except you'll have to wait until next year. Oh, and we anticipate the price will be over $600,000 each (for a detached) lol this has been a crazy year! Feel free to contact us if you want more info when the next lots are released! 👊

  • @oolly2009
    @oolly2009 2 ปีที่แล้ว +1

    baseboard heating is running on electricity and the bill will be expensive in the winter?

    • @LiveInnerCity
      @LiveInnerCity  2 ปีที่แล้ว +1

      It is on electricity, but with these new builds they build them so tight, they are like a box and with today's technology with insulation it would require less heat than older homes. It would also depend on an individuals use

  • @Animal1may
    @Animal1may 2 ปีที่แล้ว +1

    Did u rented out ?

    • @LiveInnerCity
      @LiveInnerCity  2 ปีที่แล้ว +1

      These always rent out easily!

  • @ericmunch6689
    @ericmunch6689 2 ปีที่แล้ว +1

    Who was the builder of this property?

    • @LiveInnerCity
      @LiveInnerCity  2 ปีที่แล้ว +1

      Hey Eric, we cannot publicly disclose that as we have to respect their marketing rules otherwise we would have mentioned it in the video. These types of properties are selling for $650,000+ now so if you have a preapproval done recently and interested in getting into a home like this before prices go up again, contact us asap

  • @janeparaggua8161
    @janeparaggua8161 2 ปีที่แล้ว +1

    Hi Felix and Jasben, thank you for reaching out to me. I truly find your videos informative and helpful. Keep it coming!

    • @LiveInnerCity
      @LiveInnerCity  2 ปีที่แล้ว +1

      Definitely!! We love helping. Thanks for tuning in and see you in our next videos!

  • @naeempadia2873
    @naeempadia2873 2 ปีที่แล้ว +1

    Hi Felix, great Chanel and content! I’d really like more information on these types of properties. Looking to invest in Calgary. What’s the current availability?

    • @LiveInnerCity
      @LiveInnerCity  2 ปีที่แล้ว +1

      Hi Naeem! Unfortunately these properties are selling in the $700,000's. Its absolutely ridiculous! Please reach out to our team so we can do an analysis based on your investment objectives and match you with the right property contact.liveinnercity.com/message

  • @janetdufresne2876
    @janetdufresne2876 3 ปีที่แล้ว +3

    Love this, Felix!

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +1

      Thank you Janet! 😆 It's almost like infill finishings right?? Lol

  • @Italianborn
    @Italianborn 2 ปีที่แล้ว

    This type of cash flow is very dangerous as full houses rent easy when the economy is good, but since every few years economy shit the bed and all the investor don't use their own money to buy property that could lead to a lot of headaches..better thought is to buy a cheaper condo inner city with 180-200k 2 bed 2 bath and easily you can rent it for 1500 average.. 10 yrs you'll pay that off with ease instead 500k house it will take 25 yrs, with many years infront of you and volatile economy, people that do night move and else... it's quite the risk

    • @LiveInnerCity
      @LiveInnerCity  2 ปีที่แล้ว

      Thanks for sharing your insights!

  • @tedwong4878
    @tedwong4878 3 ปีที่แล้ว +1

    Hi ,I'm Ted wong. I want to know whatever you guys have shown in this house, 460k included all the things?

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +1

      Hey Ted, prices of this home have increased to just under $500,000 now. And no, the homes do not come furnished (because it's newly built) but everything is pretty much upgraded.
      Have a look at the empty house tour and what you'll get to keep for under $500,000 here: th-cam.com/video/iTMV0l5E_so/w-d-xo.html

  • @camerondunn2198
    @camerondunn2198 3 ปีที่แล้ว +1

    very beautiful home.

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +1

      Glad you appreciate the home, Kemir! What do you like the most about it?

  • @tayoboie
    @tayoboie 2 ปีที่แล้ว

    Just wondering why the exterior and garage is left out

    • @LiveInnerCity
      @LiveInnerCity  2 ปีที่แล้ว

      Here's my video reply, if you want more info please reach out to us at hello@liveinnercity.com:
      vid.us/cn2qbh

  • @hardytriveze4497
    @hardytriveze4497 3 ปีที่แล้ว +10

    Just discovered your channel! Very informative videos guys! Saving up on my DP right now and plan to go for a house for around 300-350K in and around Calgary, like 30-40 mins drive away house in 2023, will definitely hit you up then!

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +2

      @Hardy Triveze Thank you my friend, and welcome to our channel! Send us an e-mail to hello@liveinnercity.com we have some awesome strategies to help you reach your goals quicker and easier. Chat soon!

  • @josefinadionisio7231
    @josefinadionisio7231 2 ปีที่แล้ว +1

    Hello my husband and I are planning to move there in Calgary ,can you please tell us which community is the best to settle in Calgary , I view all of your listing houses there in Calgary and I’m so impressed

    • @LiveInnerCity
      @LiveInnerCity  2 ปีที่แล้ว +1

      Hey Josefina, congratulations. We look forward to seeing you here. The community depends on what you and your husband's situation is. Would you mind giving us more details? Thanks for viewing our listings!
      You can send me an email through hello@liveinnercity.com or through this link contact.liveinnercity.com/message
      I'll wait for your message!

  • @zuberstar
    @zuberstar 2 ปีที่แล้ว +1

    have you got any more units available or newer properties available forsale as well?

    • @LiveInnerCity
      @LiveInnerCity  2 ปีที่แล้ว +1

      Hey Darryl! Yes, but the cost is now $650k+ and has LIMITED availability. Please contact us for more info

  • @krystleroyse103
    @krystleroyse103 3 ปีที่แล้ว +2

    Did you have to put 20% down to purchase this property? How can a normal person afford a $460,000 home as a rental property? What are your tips to afford something like this?

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +3

      Hi @Krystle! Here is a video message for you, stay tuned! 😆 vid.us/egampc

  • @anamariad.1820
    @anamariad.1820 3 ปีที่แล้ว +2

    Guys i would like to know how much the monthly payment and kindly calculate all the expenses i. Need to pay just in case i buy that house please reply fr.ana of toronto....t.y..

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว

      Hi Ana! We're happy to hear your interest! Please email us at hello@liveinnercity so we can give you full details regarding this! Thanks!

  • @doniprimoshai
    @doniprimoshai 2 ปีที่แล้ว +1

    Planning to move in Calgary from Toronto next year after selling our property here. Is it possible to preapproved with just one income but where planning to put out 40 to 50% for a front garage house.

    • @LiveInnerCity
      @LiveInnerCity  2 ปีที่แล้ว +1

      Hey @Shaira, great question!!! vid.us/biabrm

  • @davidpalmer7952
    @davidpalmer7952 3 ปีที่แล้ว +1

    Great presentation Felix

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +1

      Thanks, David! Appreciate it!

  • @Animal1may
    @Animal1may 3 ปีที่แล้ว +1

    How do I purchase it from Toronto

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +1

      Hi there! You can email us at hello@liveinnercity.com so we can assist you with purchasing this investment property! Thanks for watching my friend!

  • @jeyceesalas1821
    @jeyceesalas1821 3 ปีที่แล้ว +1

    wow very nice house

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +1

      It is, Jeycee! What do you like the most about it?

  • @tonyfesta504
    @tonyfesta504 3 ปีที่แล้ว +1

    Great video, there isn't a lot of quality content for real estate investing in Calgary! Enjoyed this one for sure

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +1

      Thank you for watching, Tony! We have a whole playlist dedicated to Real Estate Investing in Calgary, actually. Hopefully, that'll help. Is there anything about real estate investing in Calgary that you would like to hear about?

  • @nirmalarathnayake9551
    @nirmalarathnayake9551 3 ปีที่แล้ว +1

    Hi felix what was the morgage period for the calculation

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +1

      Hey Nirmala, please send me an email at hello@liveinnercity.com for the mortgage calculations. Thank you!

  • @sumeramlani8988
    @sumeramlani8988 3 ปีที่แล้ว +2

    Hey guys thanks for posting super informative videos on AB investing! What have you seen as a ballpark number for utility costs for an average 1800 sqft detached house infill?

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +1

      Hello friend, got a video message here for you! vid.us/wh8dmw
      Cheers!

  • @mayankarora4420
    @mayankarora4420 3 ปีที่แล้ว +5

    Do you think its a good time to invest in Calgary market as compared to Ontario market?
    I read a few articles about how the real estate market is in downtrend from the past few years in Calgary and will stay the same way for 2 or 3 more years at least.

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +3

      Hey Mayank! I'm not sure what the Ontario market is like but it depends on what your investment objectives are. Net Cashflow? Appreciation? Investor Value-Add? Or Debt Reduction? These are the 4 pillars of investment returns. I take inspiration from the famous quote from Warren Buffet - "Be fearful when people are greedy, and be greedy when people are fearful"
      Also, we have our Dec market update dropping within the next week and we talk about what DRIVES real estate prices which you will find helpful. Subscribe so you know when it comes out! 👊

  • @minthos4045
    @minthos4045 3 ปีที่แล้ว +1

    interested. Please explain how did you calculate 600$ cash flow.

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว

      We can certainly walk you through the cash flow analysis, please e-mail me at jasbenlai@liveinnercity.com and we can discuss it.

  • @yanetbatlle1550
    @yanetbatlle1550 3 ปีที่แล้ว +1

    Although I enjoy highly produced content, I love the rawness of your video as well! Thank you! Wishing you great success!! 🤗

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +1

      Thank you so much for your feedback, Yanet. It means so much to us. We're happy you enjoyed the rawness of this video!. We believe videos like these capture our personalities better sometimes. We hope you still watch our pro production videos! We have one coming up that we're equally proud of. Thank you so much for the kind words, Yanet! We hope you found this content valuable!

  • @RedlineRealEstateGroupCalgary
    @RedlineRealEstateGroupCalgary 3 ปีที่แล้ว +3

    Great video guys!! We love this product!! Such a great deal for investors.

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +1

      Thanks, guys! Appreciate the support! Absolutely. We agree it's such a great deal.

  • @annachristy8238
    @annachristy8238 2 ปีที่แล้ว +1

    Is this still available at this price?

    • @LiveInnerCity
      @LiveInnerCity  2 ปีที่แล้ว +1

      Hey @Anna no its not, it was actually $570k but none are available now. If you want to know when it becomes available (I assume it will be $600k early 2022) then use the contact us link so we can put you on our list 😉

  • @anamariad.1820
    @anamariad.1820 3 ปีที่แล้ว +4

    I love the house but we can not go there now because of covid we
    Are senior citizen.and i. Have a dauther there.l like the location.james...

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +1

      Hi Ana & James! We hope you're staying safe! If your daughter would like to view it, just let us know through email! It is a great location and we're glad you like it.

  • @noorkhorasi
    @noorkhorasi 3 ปีที่แล้ว +1

    That basement suite would rent out for 1400-1500 easily in Vancouver.

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +5

      Haha yea I bet! Calgary investment properties aren't on the same level as Van but at least its affordable here!

  • @bujubeats
    @bujubeats 3 ปีที่แล้ว +4

    Anymore if these units available? I’m in Calgary

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +1

      Hi Buju feel free to email us at Hello@LiveInnerCity.com for more info! Looking forward to hearing from you 😉

  • @sagarsethi8670
    @sagarsethi8670 3 ปีที่แล้ว +1

    Hi do you still have unit for sale?

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +1

      Hi, Sagar! Yes, we do. You can email us at hello@liveinnercity.com so we can assist you in purchasing this home.

  • @sumairaawan
    @sumairaawan 3 ปีที่แล้ว +1

    Hey! Can you guys share the numbers? I mean the calculation that you guys used.

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +1

      Hi! You can reach out to us here, bit.ly/ContactLiveInnerCity so we can discuss! Thanks for watching!!

  • @kashjawed
    @kashjawed 3 ปีที่แล้ว +1

    i assume half duplex is same as semi-detached? how much do the detached houses with legal basements cost?

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +2

      Hi Kashif! Yes, half-duplex and semi-detached are the same. There aren't a lot of detached homes with legal basement suites available but you typically won't find them for less than 500k. Thanks for watching!

    • @kashjawed
      @kashjawed 3 ปีที่แล้ว

      @@LiveInnerCity so I could buy two semis = 4 plex Got it.

  • @sadiasarfaraz6266
    @sadiasarfaraz6266 3 ปีที่แล้ว

    Hi I need to talk oabout my duplex purchase. How can I contact you guys?

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +1

      Hi Sadia! You may sign up here and we will contact you --> bit.ly/ContactLiveInnerCity
      Thanks for watching!

  • @anamariad.1820
    @anamariad.1820 3 ปีที่แล้ว +1

    We will contact you as soon we arive there.see you soon felix and ben.god bless us all

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว

      See you soon, Ana! Have a safe trip and best wishes. Looking forward to hearing from you again!

  • @TopeCadungog
    @TopeCadungog 3 ปีที่แล้ว +1

    Is it ideal to get a house right away after migrating or bette rent first?

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +2

      Hey @Topeattitude here is a video message for you my friend 😆
      m.bixel1.net/3nz077

    • @TopeCadungog
      @TopeCadungog 3 ปีที่แล้ว

      @@LiveInnerCity oh thank you!

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +2

      @@TopeCadungog Also, you can buy a property without having your PR (Permanent Residence) as long as you have a work visa and a few other requirements. Email us at Hello@liveinnercity.com if you want to chat further!

  • @AllThingsRealEstate
    @AllThingsRealEstate 3 ปีที่แล้ว +1

    The sweetest words ever spoken net cash flow. 😎

  • @cobaltss1985
    @cobaltss1985 3 ปีที่แล้ว

    I am living in Vancouver and I have approx 500k cad in equity (2 properties with mortgage) you think I would be able to have income properties that can allow me to retire in Calgary or Alberta?

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว

      Hi Allen, in order to keep your info confidential as well as have a better understanding of your goals, please e-mail us with your contact info to hello@liveinnercity.com. Talk to you soon!

  • @cottoncandy2503
    @cottoncandy2503 3 ปีที่แล้ว +2

    Anyway to know the community? Thank you

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว +1

      Hi @cottoncandy please e-mail us at hello@liveinnercity.com and we would be glad to give you more info!

  • @Nashvilleja
    @Nashvilleja 3 ปีที่แล้ว

    How do I get an in-person viewing for this property?

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว

      Viewings are by appointment only, please email us at hello@liveinnercity.com to get connected first, and our team can show it to you.

    • @Nashvilleja
      @Nashvilleja 3 ปีที่แล้ว

      @@LiveInnerCity perfect drafting the email now. Question, what areas is this in?

  • @yadwinderberi8199
    @yadwinderberi8199 3 ปีที่แล้ว

    Precise Location, builder ?

    • @LiveInnerCity
      @LiveInnerCity  3 ปีที่แล้ว

      @Yadwinder Beri, please send us an e-mail to hello@liveinnercity.com and we can certainly provide you with more details. Chat soon!