Haan bhai, meri bhi yahi theory thi, aur meine apne doston ko bhi yhi samjhayea hai ki Buisness setup karo, phir chahe 2-ghar lelena, late sahi but Loans-mortgages ki tension nhi rahegi. Saari Umar Debt mein jeekar kya karoge.??
haan yaar if you are not sure abhi settle kahan hona hai- just dont buy a property for the sake of it. People tend to get worried n start taking impuslive decisions- just because everyone else is doing it. You are a smart guy!
Hey Rishabh, I concluded the same for myself. Being only one member earning right now, I too found that, though not ideal, renting is the practical option for me.
Better to use FHSA and RRSP accounts for first home due to tax relief and with a spouse it’s double benefit. Very good decision to hold due to current market conditions
FHSA is even better than RRSP but in short- 40k(FHSA) contribution and 35k(RRSP) contribution will be total 75k tax deductions from your income multiply this by 2 if you are married just with RRSP you have to recontribute that amount in 15 years and also it will be taxed at retirement with FHSA contributions no tax and you can invest in stocks or EtFs to get extra benefits
It is not the right time. I almost purchased as well this summer but lost out and am now glad I did. Would have been paying much more than it's worth. With high interest rates my purchase power has been decreased greatly as well. I am going to wait and see what happens now.
Best way to live comfortable life for middle class is... come to canada get citizenship.. earn in dollars invest in india (stock market gives 15% return)... travel world..enjoy life no stress.. work until your 50s and go back.. have a great retirement life..with good Healthcare..good food. House help and with friends and family 😊. Also convert your pension dollars in rupees😂 and chill out 👍
Wait bro Calgary market jitna teji se upar jata hai utna hi teji se down bhi aata hai once recession come and oil prices goes down Alberta's economy will come down
@LifeofRishabh not all do. The townhouses in ontario that are on public streets are freehold. These are more like 3-4 houses joined together with their own driveway and garage and backyard. They usually also have basements. The townhouses with fees are usually in private streets or built similar to apartment complex.
Main v Canada aa jana veere processing ch ae file as spouse main taade Saare videos dekhda aa main tuhanu 2 saal toh v jada time to follow kr riya aa Tadi information video dekhda aa Canada aake milna chavaga ga main mil k video collab v karna ae 😊
I would have been so happy for you if i saw " how i bought my first house". But thats okay as you said you are just 23. But imagine you bought it at 23. Lived and kept it for 2 years, take out equity and started a business at 25. Or needed sold it at any time you needed money as you know value is only going up never coming down. I suggest you rethink and make that happen.
@@sharma1217 At current interest rate of 6.5% there is no equity either so you can’t get profited by refinancing and selling your primary residence for profit doesn’t sound too good
Who is interested in Canada’s Real Estate videos?😃
Me 😁
Me🙂
I am interested
Me
✋🏻
your mom said the truth 'dukaan se makaan bann sakta hai, makaan se dukan nahi' good thinking bro..! my best wishes
Haan bhai, meri bhi yahi theory thi, aur meine apne doston ko bhi yhi samjhayea hai ki Buisness setup karo, phir chahe 2-ghar lelena, late sahi but Loans-mortgages ki tension nhi rahegi. Saari Umar Debt mein jeekar kya karoge.??
itni achi smjh life m decisions lene ki, itni wo b km age m.. really appreciated buddy.
You have proved that everything can be achieved by working hard 👌👌👌
Fill proud in you
I need Ur help sir 🙏
I’m interested to see your real estate videos! 😊
😊❤️
haan yaar if you are not sure abhi settle kahan hona hai- just dont buy a property for the sake of it. People tend to get worried n start taking impuslive decisions- just because everyone else is doing it. You are a smart guy!
Great advice. Same thinking. Better to get into business than buying house.
Hey Rishabh, I concluded the same for myself. Being only one member earning right now, I too found that, though not ideal, renting is the practical option for me.
Better to use FHSA and RRSP accounts for first home due to tax relief and with a spouse it’s double benefit. Very good decision to hold due to current market conditions
Can you elaborate about advantage of RRSP for first-time home buying please?
FHSA is even better than RRSP but in short- 40k(FHSA) contribution and 35k(RRSP) contribution will be total 75k tax deductions from your income multiply this by 2 if you are married just with RRSP you have to recontribute that amount in 15 years and also it will be taxed at retirement with FHSA contributions no tax and you can invest in stocks or EtFs to get extra benefits
mom advice is the best one ❤️ good decision.
It is not the right time. I almost purchased as well this summer but lost out and am now glad I did. Would have been paying much more than it's worth. With high interest rates my purchase power has been decreased greatly as well. I am going to wait and see what happens now.
Well now is the time to own to keep housing constant and rent out to outher students. If you wait too long, you will be forever priced out of market.
no there will be a bit of a cool off coming and that's the time to buy@@asadb1990
Never copycat crowd.follow your path
Correct decision
Hey bro
Please shares the articles which you read.
Very Raw paji 🤌 God Bless You 🤞
Best decision
Best way to live comfortable life for middle class is... come to canada get citizenship.. earn in dollars invest in india (stock market gives 15% return)... travel world..enjoy life no stress.. work until your 50s and go back.. have a great retirement life..with good Healthcare..good food. House help and with friends and family 😊. Also convert your pension dollars in rupees😂 and chill out 👍
Wise decision 🔥
Amazing
Wait bro Calgary market jitna teji se upar jata hai utna hi teji se down bhi aata hai once recession come and oil prices goes down Alberta's economy will come down
Hi Rishabh,
You mentioned about changing career for future in your one video, what will be that ? Are you doing any cert in IT ?
Will share that in future :)
Very informative video.
Bro what’s the best budget car insurance provider in Calgary?
No Insurance company is budget friendly 😅 get quotes from everyone
Real estate and stocks
Backside per dummy monitor hai yaa real computer monitor
😅
Aacha kiya bhai. Better learn some cloud related technology may be azure administration and try for 1l/a salary
Wrong decision bro..u hv to tk risk.every year the price gonna increase if u wnt to sell after 3 year u cn..
Yes, I am taking a risk by making a career change but buying a home is not my priority right now
Brother Humber College se financial planning ka scope kaisa rahega plz tell?
College is good but any program does not guarantee anything. It will be upto you to learn skills and get a job
Yeah better to save up for a freehold (no condo fees) property. It can be a townhouse, house, etc.
Townhouse comes with a condo fee
@LifeofRishabh not all do. The townhouses in ontario that are on public streets are freehold. These are more like 3-4 houses joined together with their own driveway and garage and backyard. They usually also have basements. The townhouses with fees are usually in private streets or built similar to apartment complex.
@@asadb1990 Most townhouses have a condo fee doesn’t matter if they come with a backyard, garage, driveway etc.
@LifeofRishabh well last i checked the ones in calgary are mostly with condo fees. But the ones in ontario a lot of them dont.
Same thinking
Main v Canada aa jana veere processing ch ae file as spouse main taade Saare videos dekhda aa main tuhanu 2 saal toh v jada time to follow kr riya aa Tadi information video dekhda aa Canada aake milna chavaga ga main mil k video collab v karna ae 😊
Best of luck brother
IT me best diploma and college kon sa hai and part time job ke liye best province kon sa hai please tell me
Brother I'm going to study in Grande Prairie. So, can you please tell me is this area is good or not?!
It’s an isolated area and not a metropolitan city
@@LifeofRishabh ok brother
U too right descion
Bissunes krna h toh rhne do otherwise winter m buy kr lo shayad m galat bhi ho sakti hun
True bro summer's start te he sb price over ho gye 😅 nd haje ta bc valeya ne thand dekhni etho di after that he pta lgu ki response 😅
👍
Bro kya car tyer or car seat cover chang tyep ki bi job mil jati h
There are automobiles shops yes
@@LifeofRishabh automobile shope ki job kese mile ge or kis city me jyada h bro
@@HR.JAAT-_ Mr. lube and Oil Changers jaisi shops har jagah hai
@@LifeofRishabh kya esme job mil jayegi
Same reason i am not buying.
Bro how is alexander college in vancouy?? Pls tell me
I think it’s a private college
@@LifeofRishabh yes it is private but it provide pgwp
Houses are way over priced and not worth it in Canada. Beeide in Canada its cold and we are over taxed
then where to go
@@gurkirat521 go where your dollar goes further i have visited African and South America countries im short listings few countries.
Hi,
Interested
Dont buy at this time
I bought my condo in last year in march
And i am very Regret
You are very young.dont loose peace of mind
😃
I would have been so happy for you if i saw " how i bought my first house". But thats okay as you said you are just 23. But imagine you bought it at 23. Lived and kept it for 2 years, take out equity and started a business at 25. Or needed sold it at any time you needed money as you know value is only going up never coming down. I suggest you rethink and make that happen.
Thanks for your suggestion but I already did my analysis and not buying home at the moment makes more sense
The returns are not guaranteed in any investment how can you say it’s only going up?
@@sharma1217 At current interest rate of 6.5% there is no equity either so you can’t get profited by refinancing and selling your primary residence for profit doesn’t sound too good
@@LifeofRishabh chote veer I am replying to the person who commented I also agree with you people are delusional that think prices are only going up
@@sharma1217 Personal experience. Find me 1 person who sold less than what they bought for. Thanks
Bhai phir logo ko kya invite kar rahe thie ki alberta aa jao sasta province hai.ab le lo majje
Hahha😂
Sahanubuti
Aapki mummy ne meri aakhe kholdi
Beta aap kya kartey ho ?
IT