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क्या बात सर् जी। आप तो काफी ज्ञानी निकले। रेंटल इनकम इतनी आसानी से और गारंटी के साथ आती तो फिर बहुत सारे बुद्धिजीवी इसी लाइन में आ जाते। रेंटल इनकम के साथ जुड़े हुए रिस्क कौन बताएगा। आइए प्रैक्टिकल रिस्क समझते हैं 1. अनियमितता 2. टैक्स 3. आए दिन के लड़ाई झगड़े 4. प्रॉपर्टी कब्जा 5. आत्महत्या, रेप, जैसा कोई बड़ा कांड होने पर कानूनी पचड़े 6. प्रॉपर्टी का रख रखाव 7. प्रॉपर्टी का अवमूल्यन ऐसे न जाने और भी कितनी समस्याएं सिरदर्दी का कारण बन आपको परेशान करती हैं। It's not as straight forward as being discussed. Also under the new tax regime forget about tax saving. Every one has to contribute it's dues😊 It's your luck you get a good tenant and enjoy rental income. I've seen people loosing their hard earned money despite of having good drafted agreement 😊
Hone ko to dunia main kuch bhi ho sakta hai... Share market main apni company bankrupt ho sakti hai... Nifty bhi crash ho sakta hai Job main boss bura mil sakta hai.... FD kar lo bank main sabse badiya hai
Nicely explained. I believe one needs to pay 20% downpayment + 6% approx on registry. Additionally, we need to consider opportunity cost on above amount paid upfront from pocket.
I fully agree with what you have discussed because I've done the same thing. I bought a small place in 1993 in the outskirts of Mumbai & saved on I tax & was living there. Sold it in 2008 @ 5 times original rate & bought little bigger house within Mumbai with a loan. Presently posted in Bangalore & enjoying good rent from this house. Very true what is explained as it's my own experience
This concept won't work now specifically in urban areas. Just compare your property rates in 2013 and 2023. There's barely any rise in it. Same goes with rent.
Excellent video. Validated by our experience. An IMMENSE value adding idea.. A known person bought a flat in bangalore for 92 lacs inclusive of registry and furnishing. Down payment Rs 20 lac. Actual EMI Rs 52000 approx for a loan of Rs 72 lacs. Market rent 30000/- Tax saved Rs 9000/ So net payment for adding asset of Rs 72 lac is Rs 13000/- per month ( 52000-39000). Now they are planning to reduce EMI by further downpayment so that rent + tax saving is equal to EMI and then let the tenant pay the EMI and buy another flat. This is the best way to increase assets through leveraging.
If you are showing rental income as income, then you need to pay tax for rent money received. If govt says for second house or if you are not staying in house you can't claim tax rebate, then the calculations and breakeven time will be different. Not as straight forward as it seems. Also flat and buildings strength depreciate over time.
@@vr1774" If a home loan is taken jointly, each borrower can claim deduction on home loan interest up to Rs 2 lakh under Section 24(b) and tax deduction on the principal repayment up to Rs 1.5 lakh under Section 80C. "Since this loan was taken in single name the tax rebate comes to Rs 9000/-. You could take in join names and avail more rebate.
@@s_a_r_a_t_s No, the flat is used by the purchaser who was paying a rent of Rs 30000/- per month earlier, so it is rent saved and no tax burdenIncidentally Rs 30000/' is also the going rent for those flats. Moreover, the tax saving would be more if the loan is taken in join names under Sec 24(b) and 80(c), Yes, each person would have to make calculations based on his situation, and may go for this arrangement accordingly to it.
I wonder how can anybody save 9000 tax as the total exempted amount is 2 lacs per annum. Even if the individual is at a highest tax bracket, he can get a benefit of only 30% on the exempted amount which is 5000 a month unless the buyer & the spouse , both are working in the same tax bracket. Moreover the tax benefit cannot happen on every property the individual is buying considering the fact that multiple housing loans are going on.
US ko global reserve currency hone ka bhi fayda hei...thy can afford 0 % 1% rate for long..so unka inflation puri duniya zelti hei due to increase of Supply of Dollar by US govt/treasury ...last 3 saal me hi abtak ka 20% USD supply chhap diya
For the first time i watched your video and within 7 minutes i understood you are on a different level sir... Unbelievable investment ideas... No fancy shorts only knowledge 😊😊
I agree with your example... In asansol, rent for a 2bhk flat in a modern society complex worth 25-30 lakh is 8-10k per month, which is more than 3.5% of the total property value... The UA-camrs giving example of 2cr property in Mumbai, really don't know the rental yield of 25 lakh flat, and doesn't concider the fact of a tax exemption on home loan and a permanent & increasing income source with having an asset...
1. RENT WILL BE DOUBLE IN BEGINNING OF 9TH YEAR INCREASE AT THE RATE OF 9% AND NOT 7.5 YEAR. 2. EMI includes part payment of principal as well along with interest. rent will be 7% in 16th year. 3. why adding 3.5% & 14.5%? please explain!
Just on that point where he calculated the average, this video becomes senseless. For multiple cash flows, people should calculate XIRR and not simple or compound interest.
Exactly what I was searching for. Was introduced to this concept just by accident, and now got to know in much better understandable way from you. Will not say understood everything but certainly got more clarity on it. Thank you very much for sharing.
Buying property is always good than keeping money in bank...... Just follow simple logic..... 1- if you have full money to buy property ( if you are buying without loan) go for ready to move property. 2- if you are buying on loan, make sure you r spending only 30% of your income for EMI. 3- having peace of mind must be priority rather than unnessesary streching yourself of one property, 'Heath is Wealth '.....
Remember that real estate investment is a long-term commitment, and it's essential to have a well-defined strategy and realistic expectations. As with any investment, there are risks involved, so it's crucial to do your due diligence and seek professional advice when needed.
Lol 25 saalon se yahi kr rahe ho tabhi 25 saal lag gye 😂😂😂😂..... Research ache se kiya hota toh 10 saal m nipat gye hote.... Home loan calculator app m hi clear ho jata h yr.... One year emi pay krne ke baad 2nd year se double emi pay karogay toh tenor decrease + 3rd year m 1st floor construction loan bhi lekar or rooms rent pr chada diye toh usko merge kr ke triple emi pay karogay 3rd year m then 4th year se Sirf triple emi pay krni h jisme one emi amt toh rent se hai.... Then another plus point ki loan BT kr ke roi km kara skte ho....
Wow! ! Having small small properties spread evenly is better than having one big property. This is diversification. Currently I am planning to buy a big property but I am changing my decision now. "Aap ne to meri aakhe khol diye." Thank you sir ❤️.
But one thing to consider - how much appreciation you will get for a luxurious property selling that you won't get selling 2 small apartment - as such units are extremely stereotype and many options are available from builders in unused condition and another problem post Covid the money concentrated in the hand of Middle Class is slashed down on the other hand rich people became richer , so the demand of Big luxurious property got increased and the price is not a fixed one .
Sir I purchased a 30 lakhs 3 BHK apartment in Bhopal in 2015. Decent locality and society. Not too far from city. Even today the rental yield is only 8200 per month. It’s just around 3 percent per annum of total investment. On top of that I am paying Rs 13,000 per annum as society maintenance. Today the selling price of that flat after 8 years is not more than 32 lakhs. I am not sure if it was a good investment decision or not.
The clear explanation is, if you take a loan of 20 lakhs @8% for 20 years, after adjusting with the inflation, the ammount you pay will actually be reduced than the ammount you borrow. So, assuming the rental percentage is 3% right now, after 5 years it goes to 7% considering to the current valuation of land, (after 5 years, as the value of land goes high, the rental seems 3% only, but as we bougt at current valuation, the rental percentage for us will be 7%). After 10 years it will be 13% and so on. On an average, if we add all the percentages fluctuated and divide with these 20 loan repayment years, we will get the average rental interest rate which is highest probably more than 9% and go upto 14%. So, when we are taking a home loan at 8% interest rate and we are getting the rental return of 9%, then what's the problem of buying? You're literally getting the house for free. Yes, it involves risk and management. Your value of the property is increasing as well as the rental interest is increasing. After 20 years, you will see that you got the property for free. As soon as you start seeing that your property is adding money in your pocket instead of taking from your pocket, you can take another loan to buy an other property and continue the same. The best part I liked in this video is, if we take 50 lakhs of loan now @10% interest rate, and for the next 10 years we only paid interest, the capital remains same 50 lakhs. But, the beautiful part is, after adjusting to the inflation, assuming @6% which is 60%, which makes the capital real value is 20lakhs. Which means, after 10 years, the value of 20 lakhs right now will be equal to the value of 50 lakhs after 10 years. The beauty of loan is you will not be affected by inflation, you will get advantage by inflation.
Sir, very deep message in the video as always..rentals will attract income tax also, still apki calculation ke anusaar 15-18 saalo mei free ho jayegi property..Robert Kiyosaki ne khud apni life mei ye baar baar kiya hai..key is the right property..look forward to your webinar VP
Boss you are running late then... Search more keywords on you tube.... In 7-10 years you can complete your property loan.... Come on......yar living in which dilemma
1 ) I also feel the same LIC sold to my father 25 years back , with 5,000 per year , was returning 5 lac was a very big thing that time ( like 50 lac ) so he did not invested much . but it gave only 5 lac it like penny this is called inflation which nobody has taught us. 2) Agree , Small property rent increase is most due to demand and limited paying capacity of any person as 70% of population is not rich and 30% rich will always prefer own property instead of big rented house
That's the catch, their are very few cities where we have flat worth 25 lakh and rental yield are questionable unless there's students occupancy or bachelors, what I have observed is students/ bachelor opting for PG which are cheaper so getting 8k rent in smaller cities where net family income is 20 k, quite a challenging task
Sir ek video esa bnao jisme hme idea lge ki future planning kese kre ki aage chalkr khud ka ghr kharid lu aur v saare necessary things manage ho paaye easily....I started my job 1 year ago as an engineer.
sir this is an eye opener ......could never assimilate of buying a property with this in mind.....as Mr robert kiyosaki has harped to grow assets and reduce liabilities.....jo aap keh rahe ho wo to Mr Kiyosaki bhi nahi bata paye apni book 'rich dad poor dad' mein
Do you know Kiyosaki failed as an investor..his wife had contacts in publishing industry..so while he was sitting idle he wrote this book and publishing house made it a success..be careful of preachers who cant do it themselves
Robert Kiyosaki is an absolute crook. All he was trying is to sell his gaming app throughout the book. There are much better investment books but I agree that he made me interested into investment and that piqued my interest into investment world.
Rent yield @ 3.0% + Avg annual increase of 7% means total average annual return of 10%. If effective loan rate is 5-6% (including benefit of tax savings of husband + wife), then one should buy property worth 50-60 lakhs.
🙆♂️average annual increase 3% ke 7% pe hota hai total property ke 7% nahi. Percentage dekh lia toh jod dia esa nahi hota. Rebtal yield ka tax bi katega 10-20-30% depending on tax bracket you fall.
@@DataAnalyticsPro21 the increase in rent by 7% will get reflected in property prices. E.g., Say property price is 1 Cr with rental yield of 3%. After an increase of 7% in rent the property price will become 1.07 Cr so that the rental yield remain at 3% of market price. Accordingly, after 1 year his investment will become 1.10 cr (3 lakhs rent and 7 lakhs property price appreciation) If rent (starting with 3% rental yield) increase by 7% every year, the total investment value (rent collected + property price increase) will become double in 7 years. Point related to tax is valid. But practically in residential markets people collect rent in cash.
Very informative and clear thought process!! I am 60 years old and want to start making investments on my own !! Got some truly valuable inputs . Thank you
Most people didn't understand this video was just awesome ❤❤❤ I was trying to STR ahead in life. You made my choice so easy. This would be an excellent way to retire... Sir
Any services,business,insurance plans,investment, jobs which can't fight inflation will create a debt trap.The person or the company will always be in crises. One may window dress the statistics to show a cosmetic model of performance, but the cash flow will speak the facts,if one is able to analyze the data, and interpret the real meaning of it.
Thank you for this video sir......I have also seen the video of many influencers stating the benefits of renting the property and honestly I disliked that video and it made me so angry that they were misguiding the public which was very wrong.... as I am from financial field and I know the benefits of owning a property I wanted to share my views so I wrote a whole letter to that person how he has not taken tax benefit for the calculation and misguided the public.... You have very clearly stated all that was in my mind and I feel so relaxed and extremally happy that you have busted the myth. I congratulate you for the video and Thank you for making such true and pure knowledge content.
I sold a small piece of my father's land and bought 1 acre of farming land in a nearby village and planned 1000 white sandle wood trees, is it a good investment?
This is for those who have already a house and buying a property as an investment. So you cannot get tax rebate for a second property. Also the rental income is taxable. Please include these things also
Sir the same thing I used to educate my friends , seniors & all, but people are busy complaining about how they don't have money to do that, do that etc etc. I'm glad you are doing it for the large public I'm doing it to my knowns who believe in me
Great video sir. Please make a video on how to shortlist and buy small ticket size property in Bangalore as you mentioned, as the prices here are quite high and beyond the budget. I really liked the idea of investing in multiple small properties rather than 1 big property.
I agree this point rather than buying one big property.. Invest in multiple property as in rainy days u dont need to sell big which is bit difficult then small one
I guess you could Invest in studio apartments near office complex They are just one room. Have basic furniture and fridge, washing machine and other basic appliances. The studio apartments will be always on rent as it will be popular among bachors or you could give it on Airbnb
The whole thought of taking home loan didn't exists in India one or two generations ago. As new generation was convinced to take home loans, that's when the Property prices went crazy high. Everyone should just buy with cash in hand and stop buying homes with loans.
Debt is not bad at all! There is a skill of how to effectively use debt. Not everyone can use it properly hence not everyone is rich - simple. Just look around you, whoever is self made rich and ultra rich and not by inheritance has taken loads of debt and used it so effectively to make fortunes.
I m ur new subscriber me n my hubby both wrk we did nt buy the house as 15 yrs went payg inter in my old flat so I sold off before covid as real estate was down then covid sudenly prices increased three times I regret for selling my flat I bought it for 30 lkhs after covid same flat was costg 75 lakhs
प्रिय सर जी आपने बहुत ही सुंदर नॉलेज दिया आज के डेट में मुंबई दिल्ली और पुणे से बेस्ट लोकेशन नागपुर है जिसमें आपको minimum 10 lakh investment भविष्य में करोड़ों रुपए देने वाले प्लॉट लेके रखिए
It's first time i have watched your video and I want to say that you are saying brutal truth. Nowadays many Financial UA-camrs are destroying youths by giving crap advice. What i have learnt keep your match simple, finance automatically become simple and everybody will reach financial peace i theirs life. Appreciate you Sir. 👍
One of the best videos sir. You have explained the basics which doesn’t meet the eyes of a common man and despite being sundry remains elusive. Kudos for such insight with simplicity and straightforwardness.
My father & I took a decision to buy a flat in Hyderabad, LB Nagar area (growing a decent pace). We were 8 people who bought the land at 30,000 per square yard in 2019 and started construction after 6 months. We build 4 floors with 8 flats. For us, the 1400 Sqft flat cost us Rs 60,000 overall and we didn't take a loan because during Covid time (Jun to Dec 2020), we were not getting home loans as there were no builders and the land was registered in the name of those 8 peoples. So we were getting Loan Against Property with an interest rate of 13%, commission of 1.5 to 2% and overall it was coming to 16% to 17%. So we didn't go up for the loan instead took credit from known people at 1% interest every month which too a nominal amount of 7 lacs. I am staying in these flats. What I did is a good thing or not??
banks give upto extended period to repay just you have to tell to bank i lost job and i am not able to pay next 1 year you can start paying again after 1 year
Sir I am big fan of you from Pakistan. In Pakistan, the risk free rate is 21% while inflation is around 13% and the rental yield is a maximum of 4%. How this formula work here in Pakistan 😅
Excellent. You have provided the gist of becoming rich by using oneselve's leverage of credibility in a wise manner. Kya aapko achha lagta hai aur kya aap ke liye achha hai. I am into real estate for the last 35 years. But find it difficult to make others understand this concept. Anyway, with god's grace, this concept has made me rich. Hadn't for this learning; i would have long gone into oblivion.
@HFM Leasing Bhai aap hi batha do jo vo platinum plan mai btha nae wala hai, aap kaisa upar aya apki model sai, can you explain in steps and if we can we will follow it. Thanks
Sir ...Kindly make a vedio on EPS 95 pension related recent judgement of supreme court...Few channels are saying court has allowed employees to opt for higher pension on actual basic salary and few other are saying that court has kept 15000 capping intact for pension calculation....Kindly make a proper vedio for the layman understanding of EPFO pension system as of today... Are we going to get just 7,500/- pension irrespective of getting 6 digit basic salary ?
Sir aapke payr chune ka mann hai, Dimag k ander bhsad chal rahi thi Jo ab durr ho gyi , ummid krta hun aapki di huyi jankari log samajhe,or apni soch badle zindagi badle, Thank you Bahut badhiya
Fully agreed sir. I'm a real estate developer in kolkata. We construct stand alone small buildings, G+3, G+4. Price range 22 lacs to 80 lacs. Generally we deal with local customers. How can we deal with customers or investors from all over India? Would you please suggest?
Quite informative and honestly very different from what other financial advisors are recommending. Btw I had one question which might not be directly related to this video - Is it good to opt for a home loan at a fixed rate of interest or floating rate of interest?
Fixed roi is not always fixed its for only first two years but has long term disadvantage that if in future when ever you want to prepay and foreclose the loan you have to pay an additional charge of 1-2% of total loan disbursement amount
Thank you so much sir I recently started my job and always want to own properties because they are real and such a pride but UA-cam always demotivate me and you finally solve this confusing dilemma for me in near future I'm definitely gonna use your formula.
Similarly, the approciation of the property is also below the inflation rate at many places. So, basically net I maybe saving on the EMI (interest rates), i am also loosing on the approciation side of the houses. So, we need to understand the net impact of cashflows. Additionally, the rent is lower than EMI and we are not considering the maintainence. So, overall of you are currently not in a position of buying house.l, then wait and buy only when you are able to afford the house. Sir you are also forgetting the Time value of money. In the intial years EMI (net of taxes) > rent. Additionally, we arent assuming the expenses of maintaining the priperty and other taxes like priperty tax which will further increase the expenses of the property.
I agree with u sir do your investment split up and morethen one unit ,1= 10 ke badle ,4+4+2=10 / 4+3+3=10/ or at list 5+5=10 ,5+3+2=10 ,i think best is last one for middle class like me.
Your contents and topics are very good. BUT you unnecessary stretch things ,brings subtopics which are not . Make your videos precious and to the point.
Thankyou for the insights. I have read RIch Dad, Real Estate Investing and Tax Free Wealth. They surely are great books. I understood your video well and aligned with you and RK about starting small and then scaling up. Real Estate excites us. Just a question- How can that 3/4% deficit (Loan %tage - Rental Yield) be nullified or reduced drastically. Also, In India, i am looking for a professional property manager who can manage properties anywhere especially handling of multiple properties moving forward.
As a Property management business owner i can tell you that it takes very time, efforts & expertise to search out 4/5% rental yield properties. I have purchased 2 properties in Pune with 5%ROI. But let me tell you one thing managing multiple properties in one city is easy not of various cities.
Sir your videos are interesting and informative.. Really liked the idea of having multiple small properties.. Can you pls suggest about property at Nagpur.. As we have a flat there are not staying there right now.. So my husband wants to sell it off... Is it a better idea or we should keep it. We are from Odisha and have two small flats in Bhubaneswar there but at present posted in Kolkata. Want to pay off home loans soon.. Is it a better idea to foreclose home loans.
I have purchased flat in Pune in 2017. Now price is 3x within 6 years with 4/5% rental yield but it takes lots of time,efforts to hunt such properties with
Sir I've a question . After some years when rental increases what will happen to the loan interest rates ? Will the rental be more than interest rates ? Only if that happens ,it will be cash flow positive property and will excess rental will cover excess interest paid in initial years Please guide 🙏🏻
Over a period of time you will find that you are getting more rent as compared to interest which you are paying to bank and cash flow will be positive. You can verify this with people who took home loan 8-10 yrs ago and have positive cash flow.
Hi Sir , Good to hear about real estate investing. I have one query as you mentioned that rent will go up by 10% every year which is genuine , but at the same time the Interest rates have also gone up from 6.85% to 9.1 % . Can you explain in that situation .
Rent will increase 10% every year but not the interest rate. You can see the interest rate trend in the last 20yrs. In 2003 interest rates on home loan were in the range of 7.25% to 7.75% and later went up to 11%. Most times the rate was 8.25%-10.5%. During April 2020 to March 2023 rates were in this range of 8.25% to 6.40%. lowest in Indian history. Currently maximum banks are offering home loans @8.50%.
In today's scenario such insights are very relevant to be shared as all people from all age groups are suffering with data overload. "Bhai karen to kya karen ?" is trending all time high . Sadly today also the importance is given to fields other than economics. Such knowledge for masses is must. Thanks for the video sir. Regards
Hi, very impressive and valuable suggestions , sir, I am retired person and have no pension , my only source is rental income and intt.on deposits. Now I have some extra money which I wish to invest, where should I invest as per your thinking? Thanks.
Loan lekar ghar kareednekebaad, job chalagaya toh? So many jetairways ki employees were finding it difficult to pay emi when they lost their job. What is the solution sir
Sir u just explained my idea.. thanx I was a little bit worried that it will work or not . Yes as you said in rich poor dad.. there is a suggestion " your house is a liability until you start earning from it , treat it as an asset"
Sir really enjoyed what u teach in this video and your vision change my perspective of thinking. Now I am more positive about real estate and want buy some good one. Recently one of my relative contact me regarding a property buying and i show no interest. But after seeing your video I rethink about it and if this property fit to me i definitely buy it. Thank you sir.. ❤🙏🙏
Sir first of all I salute you , for your willingness to share your long gained raw knowledge. And having an absolute sense of talking in layman terms . Bhaut badiya aapki baaten sunkar . Thank you
Sango Real Estate Webinar Info Group : chat.whatsapp.com/JHPtQZoBNvnGjHJacGD3rI
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Purchase the Art of Decision Making Workshop below : yqthl.on-app.in/app/oc/415277/yqthl?
Connect to 9289886158 via WhatsApp for any queries
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ZERODHA waala zabardast tha. Exactly some people don't think and look beyond urban areas. Excellent thinking.
क्या बात सर् जी। आप तो काफी ज्ञानी निकले। रेंटल इनकम इतनी आसानी से और गारंटी के साथ आती तो फिर बहुत सारे बुद्धिजीवी इसी लाइन में आ जाते। रेंटल इनकम के साथ जुड़े हुए रिस्क कौन बताएगा। आइए प्रैक्टिकल रिस्क समझते हैं
1. अनियमितता
2. टैक्स
3. आए दिन के लड़ाई झगड़े
4. प्रॉपर्टी कब्जा
5. आत्महत्या, रेप, जैसा कोई बड़ा कांड होने पर कानूनी पचड़े
6. प्रॉपर्टी का रख रखाव
7. प्रॉपर्टी का अवमूल्यन
ऐसे न जाने और भी कितनी समस्याएं सिरदर्दी का कारण बन आपको परेशान करती हैं।
It's not as straight forward as being discussed. Also under the new tax regime forget about tax saving. Every one has to contribute it's dues😊
It's your luck you get a good tenant and enjoy rental income. I've seen people loosing their hard earned money despite of having good drafted agreement 😊
How one can lose after a well drafted agreement (Registered)
iske liye acche logo ko dena padta hai
no bachlore😂😂
Hone ko to dunia main kuch bhi ho sakta hai...
Share market main apni company bankrupt ho sakti hai...
Nifty bhi crash ho sakta hai
Job main boss bura mil sakta hai....
FD kar lo bank main sabse badiya hai
Nicely explained. I believe one needs to pay 20% downpayment + 6% approx on registry. Additionally, we need to consider opportunity cost on above amount paid upfront from pocket.
He's just fooling people with mind calculations nothing else.
@@Vj45459equity beated every asset class in 200 years of data ,
This guy free me lo lo 😂
I fully agree with what you have discussed because I've done the same thing. I bought a small place in 1993 in the outskirts of Mumbai & saved on I tax & was living there. Sold it in 2008 @ 5 times original rate & bought little bigger house within Mumbai with a loan. Presently posted in Bangalore & enjoying good rent from this house. Very true what is explained as it's my own experience
Nice should make a biopic
Are you related to Disha Salian?
Loan creates Assets, Assets creates Loans. This is fact. We should follow this wisely. This is the secret of success.
@@kapilbhardwaj4680
Salian is a very common surname in and around Mangalore which is in karnataka. Many have settled in Mumbai.
This concept won't work now specifically in urban areas. Just compare your property rates in 2013 and 2023. There's barely any rise in it. Same goes with rent.
Excellent video. Validated by our experience. An IMMENSE value adding idea..
A known person bought a flat in bangalore for 92 lacs inclusive of registry and furnishing. Down payment Rs 20 lac. Actual EMI Rs 52000 approx for a loan of Rs 72 lacs. Market rent 30000/- Tax saved Rs 9000/ So net payment for adding asset of Rs 72 lac is Rs 13000/- per month ( 52000-39000). Now they are planning to reduce EMI by further downpayment so that rent + tax saving is equal to EMI and then let the tenant pay the EMI and buy another flat.
This is the best way to increase assets through leveraging.
If you are showing rental income as income, then you need to pay tax for rent money received. If govt says for second house or if you are not staying in house you can't claim tax rebate, then the calculations and breakeven time will be different. Not as straight forward as it seems. Also flat and buildings strength depreciate over time.
Sir.. In your above example, how did you get Rs.9000/month as tax saved amount?? Kindly elaborate. Thank you.
@@vr1774" If a home loan is taken jointly, each borrower can claim deduction on home loan interest up to Rs 2 lakh under Section 24(b) and tax deduction on the principal repayment up to Rs 1.5 lakh under Section 80C. "Since this loan was taken in single name the tax rebate comes to Rs 9000/-. You could take in join names and avail more rebate.
@@s_a_r_a_t_s No, the flat is used by the purchaser who was paying a rent of Rs 30000/- per month earlier, so it is rent saved and no tax burdenIncidentally Rs 30000/' is also the going rent for those flats. Moreover, the tax saving would be more if the loan is taken in join names under Sec 24(b) and 80(c),
Yes, each person would have to make calculations based on his situation, and may go for this arrangement accordingly to it.
I wonder how can anybody save 9000 tax as the total exempted amount is 2 lacs per annum. Even if the individual is at a highest tax bracket, he can get a benefit of only 30% on the exempted amount which is 5000 a month unless the buyer & the spouse , both are working in the same tax bracket. Moreover the tax benefit cannot happen on every property the individual is buying considering the fact that multiple housing loans are going on.
You are the real old school and knowledgeable person. Koi daada, chacha ya pitaji ke jaise samjhate ho... Excellent.
US ko global reserve currency hone ka bhi fayda hei...thy can afford 0 % 1% rate for long..so unka inflation puri duniya zelti hei due to increase of Supply of Dollar by US govt/treasury ...last 3 saal me hi abtak ka 20% USD supply chhap diya
For the first time i watched your video and within 7 minutes i understood you are on a different level sir... Unbelievable investment ideas... No fancy shorts only knowledge 😊😊
I agree with your example...
In asansol, rent for a 2bhk flat in a modern society complex worth 25-30 lakh is 8-10k per month, which is more than 3.5% of the total property value...
The UA-camrs giving example of 2cr property in Mumbai, really don't know the rental yield of 25 lakh flat, and doesn't concider the fact of a tax exemption on home loan and a permanent & increasing income source with having an asset...
1. RENT WILL BE DOUBLE IN BEGINNING OF 9TH YEAR INCREASE AT THE RATE OF 9% AND NOT 7.5 YEAR. 2. EMI includes part payment of principal as well along with interest. rent will be 7% in 16th year. 3. why adding 3.5% & 14.5%? please explain!
Just on that point where he calculated the average, this video becomes senseless. For multiple cash flows, people should calculate XIRR and not simple or compound interest.
I have the same question but apparently he missed it. A lot of flaws in the video as well as the explanation.
Exactly what I was searching for. Was introduced to this concept just by accident, and now got to know in much better understandable way from you. Will not say understood everything but certainly got more clarity on it. Thank you very much for sharing.
Buying property is always good than keeping money in bank...... Just follow simple logic.....
1- if you have full money to buy property ( if you are buying without loan) go for ready to move property.
2- if you are buying on loan, make sure you r spending only 30% of your income for EMI.
3- having peace of mind must be priority rather than unnessesary streching yourself of one property, 'Heath is Wealth '.....
Remember that real estate investment is a long-term commitment, and it's essential to have a well-defined strategy and realistic expectations. As with any investment, there are risks involved, so it's crucial to do your due diligence and seek professional advice when needed.
सरजी नमस्कार
आप बहूत ही अच्छा समझाते हो
बील कूल सीधी सादी भाषा मे समझाते हो ईसलीए
हम आपके आभारी है
Sir,Good evening I m already doing same what you are explaining in this video from more than 25yrs.very knowledgeable.Ajay Chaudhary
Lol 25 saalon se yahi kr rahe ho tabhi 25 saal lag gye 😂😂😂😂..... Research ache se kiya hota toh 10 saal m nipat gye hote.... Home loan calculator app m hi clear ho jata h yr.... One year emi pay krne ke baad 2nd year se double emi pay karogay toh tenor decrease + 3rd year m 1st floor construction loan bhi lekar or rooms rent pr chada diye toh usko merge kr ke triple emi pay karogay 3rd year m then 4th year se Sirf triple emi pay krni h jisme one emi amt toh rent se hai.... Then another plus point ki loan BT kr ke roi km kara skte ho....
Comparing entry level on-road price in Gurgaon:
Innova Crysta G-SLF 8 STR is 22.08 Lakh
Desire LXi is 7.45 Lakh
Wow! !
Having small small properties spread evenly is better than having one big property. This is diversification.
Currently I am planning to buy a big property but I am changing my decision now.
"Aap ne to meri aakhe khol diye."
Thank you sir ❤️.
But one thing to consider - how much appreciation you will get for a luxurious property selling that you won't get selling 2 small apartment - as such units are extremely stereotype and many options are available from builders in unused condition and another problem post Covid the money concentrated in the hand of Middle Class is slashed down on the other hand rich people became richer , so the demand of Big luxurious property got increased and the price is not a fixed one .
I am not going to buy a property now but the things you have explained may help me making my decision in near future !! EYE opening explanation .
Sir I purchased a 30 lakhs 3 BHK apartment in Bhopal in 2015. Decent locality and society. Not too far from city. Even today the rental yield is only 8200 per month. It’s just around 3 percent per annum of total investment. On top of that I am paying Rs 13,000 per annum as society maintenance. Today the selling price of that flat after 8 years is not more than 32 lakhs. I am not sure if it was a good investment decision or not.
anything wrong with the building quality? or some other reason
Property price dheere dheere badhte hai like 10-12 saal main double and 20th year par near 5x-10x… keep holding
@@chs4866 Bhai 20th year me kaun lene wala h ye property? It's is so old
Try AIRBNB , you will more benifit that you are getting or else give your home for Oyo .
In Bhopal population is less and number of property is easily available,Hence increase in property is not possible
I had read rich dad poor dad, I totally get what you’re saying. Next month I will buy new property.
Get Loan only if you need for Your own living... Otherwise loan is like poision
The clear explanation is, if you take a loan of 20 lakhs @8% for 20 years, after adjusting with the inflation, the ammount you pay will actually be reduced than the ammount you borrow. So, assuming the rental percentage is 3% right now, after 5 years it goes to 7% considering to the current valuation of land, (after 5 years, as the value of land goes high, the rental seems 3% only, but as we bougt at current valuation, the rental percentage for us will be 7%). After 10 years it will be 13% and so on. On an average, if we add all the percentages fluctuated and divide with these 20 loan repayment years, we will get the average rental interest rate which is highest probably more than 9% and go upto 14%. So, when we are taking a home loan at 8% interest rate and we are getting the rental return of 9%, then what's the problem of buying? You're literally getting the house for free. Yes, it involves risk and management. Your value of the property is increasing as well as the rental interest is increasing. After 20 years, you will see that you got the property for free. As soon as you start seeing that your property is adding money in your pocket instead of taking from your pocket, you can take another loan to buy an other property and continue the same.
The best part I liked in this video is, if we take 50 lakhs of loan now @10% interest rate, and for the next 10 years we only paid interest, the capital remains same 50 lakhs. But, the beautiful part is, after adjusting to the inflation, assuming @6% which is 60%, which makes the capital real value is 20lakhs. Which means, after 10 years, the value of 20 lakhs right now will be equal to the value of 50 lakhs after 10 years. The beauty of loan is you will not be affected by inflation, you will get advantage by inflation.
I want to understand this concept please can you elaborate
Sir, very deep message in the video as always..rentals will attract income tax also, still apki calculation ke anusaar 15-18 saalo mei free ho jayegi property..Robert Kiyosaki ne khud apni life mei ye baar baar kiya hai..key is the right property..look forward to your webinar
VP
Boss you are running late then... Search more keywords on you tube.... In 7-10 years you can complete your property loan.... Come on......yar living in which dilemma
1 ) I also feel the same LIC sold to my father 25 years back , with 5,000 per year , was returning 5 lac was a very big thing that time ( like 50 lac ) so he did not invested much . but it gave only 5 lac it like penny this is called inflation which nobody has taught us. 2) Agree , Small property rent increase is most due to demand and limited paying capacity of any person as 70% of population is not rich and 30% rich will always prefer own property instead of big rented house
Lic gives insurance
As per your guidance, it seems that initially, investing in 1 bhk must be the best option. Value of 1 bhk should be
That's the catch, their are very few cities where we have flat worth 25 lakh and rental yield are questionable unless there's students occupancy or bachelors, what I have observed is students/ bachelor opting for PG which are cheaper so getting 8k rent in smaller cities where net family income is 20 k, quite a challenging task
@@RuturajD true , easily possible in metro cities like Mumbai where mhada building 1bhk rent is 15k . But that doesn't applies to small cities
I have 300 yard land in village area. What I do?
@@mohammedshoebatar4857 that flat cost would be 35-50 lacs
@@mohammedshoebatar4857
Par mumbai m 1 bhi 50 lakh m milta h 😂😂😂
Sir ek video esa bnao jisme hme idea lge ki future planning kese kre ki aage chalkr khud ka ghr kharid lu aur v saare necessary things manage ho paaye easily....I started my job 1 year ago as an engineer.
sir this is an eye opener ......could never assimilate of buying a property with this in mind.....as Mr robert kiyosaki has harped to grow assets and reduce liabilities.....jo aap keh rahe ho wo to Mr Kiyosaki bhi nahi bata paye apni book 'rich dad poor dad' mein
Entry level [low entry buy point] is the biggest factor in making a successful investment.
Do you know Kiyosaki failed as an investor..his wife had contacts in publishing industry..so while he was sitting idle he wrote this book and publishing house made it a success..be careful of preachers who cant do it themselves
Robert Kiyosaki is an absolute crook. All he was trying is to sell his gaming app throughout the book. There are much better investment books but I agree that he made me interested into investment and that piqued my interest into investment world.
Kyunki rich dad poor dad ke time market aise nahi thee
Robert Kiyosaki has said the same.thing
Early payment of loan is foolish, I always said it, but nobody agreed. Now they will. Thank you Sir.
But how?
there is a lot of nuance in this though
if the not paying the loan is giving you anxiety then you should pay the loan no matter interest rates
Tax ribet is 0 in current New Tax policy
That depends loan in taken on what asset. If car loan or personal loan for something you should pay it off . So that asset value doesn't depreciate.
@@pathakbrothers5019rajeshpathak you have option to not go to new tax system. Keep the old one.
Sir, sabhi baatein aapne sahi kahi lekin mujhe lagta hai aapka Innova aur Dzire wala example ghalat lagaadiya. Kyon ke demand kiski jyada hai woh bhi toh dekhna hoga.
Rent yield @ 3.0% + Avg annual increase of 7% means total average annual return of 10%. If effective loan rate is 5-6% (including benefit of tax savings of husband + wife), then one should buy property worth 50-60 lakhs.
🙆♂️average annual increase 3% ke 7% pe hota hai total property ke 7% nahi. Percentage dekh lia toh jod dia esa nahi hota. Rebtal yield ka tax bi katega 10-20-30% depending on tax bracket you fall.
3%+7% = 3.2% not 10%
@@DataAnalyticsPro21 the increase in rent by 7% will get reflected in property prices. E.g., Say property price is 1 Cr with rental yield of 3%. After an increase of 7% in rent the property price will become 1.07 Cr so that the rental yield remain at 3% of market price. Accordingly, after 1 year his investment will become 1.10 cr (3 lakhs rent and 7 lakhs property price appreciation)
If rent (starting with 3% rental yield) increase by 7% every year, the total investment value (rent collected + property price increase) will become double in 7 years.
Point related to tax is valid. But practically in residential markets people collect rent in cash.
Very informative and clear thought process!! I am 60 years old and want to start making investments on my own !! Got some truly valuable inputs . Thank you
Most people didn't understand this video was just awesome ❤❤❤
I was trying to STR ahead in life. You made my choice so easy. This would be an excellent way to retire... Sir
Sir, दुनिया मुंबई के bahar hi hai.
Living in Mumbai since 41 years.
Any services,business,insurance plans,investment, jobs which can't fight inflation will create a debt trap.The person or the company will always be in crises. One may window dress the statistics to show a cosmetic model of performance, but the cash flow will speak the facts,if one is able to analyze the data, and interpret the real meaning of it.
Rent is real.. property prices are speculative.. Wah Wah.. zabardast ideas 🎉🎉
Thank you for this video sir......I have also seen the video of many influencers stating the benefits of renting the property and honestly I disliked that video and it made me so angry that they were misguiding the public which was very wrong.... as I am from financial field and I know the benefits of owning a property I wanted to share my views so I wrote a whole letter to that person how he has not taken tax benefit for the calculation and misguided the public.... You have very clearly stated all that was in my mind and I feel so relaxed and extremally happy that you have busted the myth. I congratulate you for the video and Thank you for making such true and pure knowledge content.
How
Will you.share your no. Pls... I need some guidance
Vp
I sold a small piece of my father's land and bought 1 acre of farming land in a nearby village and planned 1000 white sandle wood trees, is it a good investment?
U r fool
This is for those who have already a house and buying a property as an investment. So you cannot get tax rebate for a second property. Also the rental income is taxable. Please include these things also
Sir the same thing I used to educate my friends , seniors & all, but people are busy complaining about how they don't have money to do that, do that etc etc.
I'm glad you are doing it for the large public
I'm doing it to my knowns who believe in me
Aapne kitni property banali ab tak
@@tejamehu two, and planning for more wisely
Aap jaisa koi nahi real estate k guru hai aap
Great video sir. Please make a video on how to shortlist and buy small ticket size property in Bangalore as you mentioned, as the prices here are quite high and beyond the budget. I really liked the idea of investing in multiple small properties rather than 1 big property.
I agree this point rather than buying one big property.. Invest in multiple property as in rainy days u dont need to sell big which is bit difficult then small one
I guess you could Invest in studio apartments near office complex They are just one room. Have basic furniture and fridge, washing machine and other basic appliances. The studio apartments will be always on rent as it will be popular among bachors or you could give it on Airbnb
I love the way the explain the facts. I had confusion about buying the small property and large property. You clarified it. Thanks lot.
The whole thought of taking home loan didn't exists in India one or two generations ago. As new generation was convinced to take home loans, that's when the Property prices went crazy high. Everyone should just buy with cash in hand and stop buying homes with loans.
absolutely to the point...plus u lose ur freedom and lot of money is blocked..also u r blocked geographically...
Debt is not bad at all! There is a skill of how to effectively use debt. Not everyone can use it properly hence not everyone is rich - simple. Just look around you, whoever is self made rich and ultra rich and not by inheritance has taken loads of debt and used it so effectively to make fortunes.
Sir aapme gazab ka confidence hai unbelievable 💐
I m ur new subscriber me n my hubby both wrk we did nt buy the house as 15 yrs went payg inter in my old flat so I sold off before covid as real estate was down then covid sudenly prices increased three times I regret for selling my flat I bought it for 30 lkhs after covid same flat was costg 75 lakhs
प्रिय सर जी आपने बहुत ही सुंदर नॉलेज दिया आज के डेट में मुंबई दिल्ली और पुणे से बेस्ट लोकेशन नागपुर है जिसमें आपको minimum 10 lakh investment भविष्य में करोड़ों रुपए देने वाले प्लॉट लेके रखिए
It's first time i have watched your video and I want to say that you are saying brutal truth. Nowadays many Financial UA-camrs are destroying youths by giving crap advice. What i have learnt keep your match simple, finance automatically become simple and everybody will reach financial peace i theirs life.
Appreciate you Sir. 👍
It would actually be better if you put the timestamp in description where the video's content actually starts.
Very good explanation sir, please make a video on buying resale flats which are 15+ years old are they worth it.
Bahut acha video hai, aap English subtitles daaloge toh South Indian ko bhi help milegi.
One of the best videos sir. You have explained the basics which doesn’t meet the eyes of a common man and despite being sundry remains elusive. Kudos for such insight with simplicity and straightforwardness.
Great sir .. maja aa gaya .. fully practical ❤❤
My father & I took a decision to buy a flat in Hyderabad, LB Nagar area (growing a decent pace). We were 8 people who bought the land at 30,000 per square yard in 2019 and started construction after 6 months. We build 4 floors with 8 flats. For us, the 1400 Sqft flat cost us Rs 60,000 overall and we didn't take a loan because during Covid time (Jun to Dec 2020), we were not getting home loans as there were no builders and the land was registered in the name of those 8 peoples. So we were getting Loan Against Property with an interest rate of 13%, commission of 1.5 to 2% and overall it was coming to 16% to 17%. So we didn't go up for the loan instead took credit from known people at 1% interest every month which too a nominal amount of 7 lacs. I am staying in these flats. What I did is a good thing or not??
I think that commercial best or estate poverty
Did it cost you 60 lakhs or 60000 /-?
Sir, he is saying 60, 000/sqft which includes 30k/sqft for land
😊😊😊
really confusing, instead if telling per sq ft can you plz tell per person final cost in lakhs or crores bro, i shall be very thankful to you.
You are really a gem. I never had this much of understanding even after wasting hours on watching many videos.
Recession main 1 saal ke liye naukri chala gaya toh property bhi jayega aur jo down payment on bhi
I suggest you to have multiple source of incomes and create a emergency fund which is equivalent to the total expense of 8-9 months.
Bang on..
🤣🤣risk toh he.
banks give upto extended period to repay just you have to tell to bank i lost job and i am not able to pay next 1 year you can start paying again after 1 year
Naukri mat karo. Business karo. Kitna din kise ke neeche kaam karoge.? Naukar ka dimaag aur businessman ka dimag mein yehi difference hai.
Nand magadh nahi hain..magadh nand nahi ! Awesome phrase Sir ji 😂
Sir please make a video on retirement.
How much fund is required now to retire considering inflation
and about those retirees who would pay the loan interest money from there fixed deposite income not from there Salary.
Sir I am big fan of you from Pakistan. In Pakistan, the risk free rate is 21% while inflation is around 13% and the rental yield is a maximum of 4%. How this formula work here in Pakistan 😅
Excellent.
You have provided the gist of becoming rich by using oneselve's leverage of credibility in a wise manner.
Kya aapko achha lagta hai aur kya aap ke liye achha hai.
I am into real estate for the last 35 years. But find it difficult to make others understand this concept.
Anyway, with god's grace, this concept has made me rich. Hadn't for this learning; i would have long gone into oblivion.
@HFM Leasing Bhai aap hi batha do jo vo platinum plan mai btha nae wala hai, aap kaisa upar aya apki model sai, can you explain in steps and if we can we will follow it. Thanks
@@sanrock21 Sir, in my comment; i have fully agreed to and appreciated your concept.
I am looking forward to more of such content from your end.
Hi i want to start investing in real estate can you please help me to understand it
This is by far, one of the best vdo on property buying.......
Sir ...Kindly make a vedio on EPS 95 pension related recent judgement of supreme court...Few channels are saying court has allowed employees to opt for higher pension on actual basic salary and few other are saying that court has kept 15000 capping intact for pension calculation....Kindly make a proper vedio for the layman understanding of EPFO pension system as of today... Are we going to get just 7,500/- pension irrespective of getting 6 digit basic salary ?
1st video i watched by you sir. im 22 years old. love the way you tell things like a father!
You are just Excellent sir, I watched your video second time. Really it's an eye opener. Thank you Sir. Best wishes to you.
Sir aapke payr chune ka mann hai,
Dimag k ander bhsad chal rahi thi Jo ab durr ho gyi , ummid krta hun aapki di huyi jankari log samajhe,or apni soch badle zindagi badle,
Thank you
Bahut badhiya
Sirji, aapka intellect aapki video dekhne se pehle pata laga gaya aapki tittle dekh kar
Fully agreed sir.
I'm a real estate developer in kolkata. We construct stand alone small buildings, G+3, G+4. Price range 22 lacs to 80 lacs. Generally we deal with local customers. How can we deal with customers or investors from all over India? Would you please suggest?
Sir I have a land in kolkata but adjoining road is 12 ft.
@@kolkata7948 12 ft, I would say it will not be of great deal because it lacks connectivity and many people wouldn't be interested.
Which area do you work on? I am from Kolkata too
Kon kon area te flat banachchen ?
@@sauravbasu8805 VP
Sir the way you explain the concept, baki k logo to bas Mutual fund me kar do or 10-15 sal bad b jao crorepati
Quite informative and honestly very different from what other financial advisors are recommending. Btw I had one question which might not be directly related to this video - Is it good to opt for a home loan at a fixed rate of interest or floating rate of interest?
Fixed rate of interest is more beneficial than fluctuating rate. Rate of interest in India never go down it always goes up with time.
.
Fixed roi is not always fixed its for only first two years but has long term disadvantage that if in future when ever you want to prepay and foreclose the loan you have to pay an additional charge of 1-2% of total loan disbursement amount
@@Brainwaveindia that is same for floating too. I have taken with floating and have to pay foreclose charge in future.
Mumbai k Siva bhi Duniya hai!! Nand.. Magadh nahi.. Vice versa, Well Said!!
Thank you so much sir I recently started my job and always want to own properties because they are real and such a pride but UA-cam always demotivate me and you finally solve this confusing dilemma for me in near future I'm definitely gonna use your formula.
Sir I want to buy a flat of 1370sqft @ 48lakh at Assam in guwahati, it's a second hand flat is it value for money, please reply.
Yes it is
5 lac gone in one night. Wow, a new definition of middle class added. Hats off to these fininfluencers, will go to any extremes to prove their point.
Sir share some financial plan for salary people monthly earning 21000,
Nice video sir. Mine is 365th video. Roz ekek comment padoge to ek sal lagega. Fan of your videos so sent 365th video
Hello Sir
Can you provide a small analysis for buying plot and tax benefit etc
VP
Similarly, the approciation of the property is also below the inflation rate at many places. So, basically net I maybe saving on the EMI (interest rates), i am also loosing on the approciation side of the houses. So, we need to understand the net impact of cashflows. Additionally, the rent is lower than EMI and we are not considering the maintainence. So, overall of you are currently not in a position of buying house.l, then wait and buy only when you are able to afford the house.
Sir you are also forgetting the Time value of money. In the intial years EMI (net of taxes) > rent. Additionally, we arent assuming the expenses of maintaining the priperty and other taxes like priperty tax which will further increase the expenses of the property.
Thank you Sir. One important question about capital appreciation : what if I want to sell my apartment after 10 years, and I don't get a buyer ?
Now, you are talking reality.
Yes that's fact
I agree with u sir do your investment split up and morethen one unit ,1= 10 ke badle ,4+4+2=10 / 4+3+3=10/ or at list 5+5=10 ,5+3+2=10 ,i think best is last one for middle class like me.
Bangalore Whitefield location overview
Your contents and topics are very good. BUT you unnecessary stretch things ,brings subtopics which are not . Make your videos precious and to the point.
Thankyou for the insights. I have read RIch Dad, Real Estate Investing and Tax Free Wealth. They surely are great books.
I understood your video well and aligned with you and RK about starting small and then scaling up. Real Estate excites us. Just a question- How can that 3/4% deficit (Loan %tage - Rental Yield) be nullified or reduced drastically.
Also, In India, i am looking for a professional property manager who can manage properties anywhere especially handling of multiple properties moving forward.
I have land 300 yard ple tell me what I do or not?
@@GurpreetKaur-wz8lf build 3 or 4 floor 2 flats per floor rent all flats earn good income
@@GurpreetKaur-wz8lf where it is???
As a Property management business owner i can tell you that it takes very time, efforts & expertise to search out 4/5% rental yield properties. I have purchased 2 properties in Pune with 5%ROI. But let me tell you one thing managing multiple properties in one city is easy not of various cities.
Sir ji you sound like Mr Robert kiyosaki , thank you for sharing your thoughts ❤
Sir your videos are interesting and informative.. Really liked the idea of having multiple small properties.. Can you pls suggest about property at Nagpur.. As we have a flat there are not staying there right now.. So my husband wants to sell it off... Is it a better idea or we should keep it. We are from Odisha and have two small flats in Bhubaneswar there but at present posted in Kolkata. Want to pay off home loans soon.. Is it a better idea to foreclose home loans.
Ma'am can u suggest regarding rocket high price of real estate in bbsr with least facility as compared to other metropolitan cities
Kya karti ho madam jo itna paisa hai
Finally found a sensible UA-camr and someone who thinks like me. Subscribed !!
Sir will it be wise to invest in plot of listed company at lucknow for beating inflation?
I have purchased flat in Pune in 2017. Now price is 3x within 6 years with 4/5% rental yield but it takes lots of time,efforts to hunt such properties with
Aap kitna m flat buy kiye the us. Time mai v soch rha hu but pesa earning kaha se kru please help
Sir I've a question . After some years when rental increases what will happen to the loan interest rates ? Will the rental be more than interest rates ? Only if that happens ,it will be cash flow positive property and will excess rental will cover excess interest paid in initial years
Please guide 🙏🏻
Over a period of time you will find that you are getting more rent as compared to interest which you are paying to bank and cash flow will be positive. You can verify this with people who took home loan 8-10 yrs ago and have positive cash flow.
Exactly..
Mumbai hi Dunya nahi hai bhai.. excellent said say..
Hi Sir , Good to hear about real estate investing. I have one query as you mentioned that rent will go up by 10% every year which is genuine , but at the same time the Interest rates have also gone up from 6.85% to 9.1 % .
Can you explain in that situation .
Go for fixed loan interest
@@dhruvopp09 These days no one gives fixed loan interest
It will get evened up , I mean the interest rate which you paid will be nullified in future, by the appreciation of capital investment in real estate.
Rent will increase 10% every year but not the interest rate. You can see the interest rate trend in the last 20yrs. In 2003 interest rates on home loan were in the range of 7.25% to 7.75% and later went up to 11%. Most times the rate was 8.25%-10.5%. During April 2020 to March 2023 rates were in this range of 8.25% to 6.40%. lowest in Indian history. Currently maximum banks are offering home loans @8.50%.
On fixed rate interest bank will increase the loan duration..
Everything is right other than 50 lakh value will be 12.5 lakh after 15 years i think the correct time is 24 years of you take 6 percent inflation.
In today's scenario such insights are very relevant to be shared as all people from all age groups are suffering with data overload. "Bhai karen to kya karen ?" is trending all time high .
Sadly today also the importance is given to fields other than economics. Such knowledge for masses is must.
Thanks for the video sir.
Regards
"Rent is Real property prices are speculative" gold right there . . . .
Hi, very impressive and valuable suggestions , sir, I am retired person and have no pension , my only source is rental income and intt.on deposits. Now I have some extra money which I wish to invest, where should I invest as per your thinking? Thanks.
I think you should invest in small ticket residential property as per his discussion. Not commercial. Is my understanding correct?
Wow finally someone who talks about rich dad poor dad in india
Loan lekar ghar kareednekebaad, job chalagaya toh? So many jetairways ki employees were finding it difficult to pay emi when they lost their job.
What is the solution sir
Live like beggar create a safety fd to live till 1 year without job .
1.5x again! You nailed it! Excel Excel and Watch at 1.5x ;)
Thankyou Guruji ! Straightforward , to the point and genuine content .
Sir u just explained my idea.. thanx I was a little bit worried that it will work or not . Yes as you said in rich poor dad.. there is a suggestion " your house is a liability until you start earning from it , treat it as an asset"
Sir really enjoyed what u teach in this video and your vision change my perspective of thinking. Now I am more positive about real estate and want buy some good one.
Recently one of my relative contact me regarding a property buying and i show no interest. But after seeing your video I rethink about it and if this property fit to me i definitely buy it.
Thank you sir.. ❤🙏🙏
Purane guru ji ko Salam, old is gold
Sir first of all I salute you , for your willingness to share your long gained raw knowledge. And having an absolute sense of talking in layman terms . Bhaut badiya aapki baaten sunkar . Thank you