Calgary Income Property | LEGAL BASEMENT | $553 /mo NET CASH FLOW

Income Property in Calgary is one of the most searched topics for an investor right now especially with the more affordable homes found in the Calgary real estate market.

If you’re on a search for a cash-flowing investment or income property listing or want to minimize your expenses with a built-in legal suite mortgage helper in Calgary then this is for you.

It’s properties like this that provide an opportunity in the Calgary Housing market to be able to capitalize on the Calgary rental market as well.

Calgary is a city in Alberta and is the 4th largest city in Canada. It’s a draw for migration and provides a bigger pool of tenants for your rental property (or income property)

As an investor, rental properties can be great income properties as part of your investment portfolio.

But what is an income property? An income property is one that has the purpose of generating revenue.

Currently, we have 4 episodes on Real Estate Investment Returns which talk about Value Appreciation, Active Appreciation, Principal (Mortgage) Paydown, and Positive Cashflow. These are important elements of a real estate investment and will help you with your investment ventures.

If you’re looking to invest in Calgary, Alberta, this home may be what you are looking for.

Join Jasben Lai as he tours you through this turnkey investment with a legal basement suite that you can rent out or use as a family home.

Having a legal basement suite is a good investment to pair with an income property because it adds value and potentially increases the cash flow to your property.

Jasben Lai and Felix Chan, Calgary real estate agents, talk about the process of legalizing your (illegal) basement suite and the costs. They also walk you through the process of it and all the other benefits you could acquire by legalizing your basement suite in this video.  https://youtu.be/ZCVozDCFmLQ

Remember, in Calgary, secondary and backyard suites must be on Calgary’s suite registry by December 31, 2021, and only up to fire code. In January 2022, Calgary will reinstate fees for the development permit and suite registry as well as increasing the requirement to bring the legal basement suite to building code.

In this video, Jasben Lai also breaks down a couple of real estate investment analysis specifically for this investment property like your Rental Income, Expenses, Mortgage, and your Net Cash Flow so be sure to watch the full video!

When pursuing your investment property goals, it's important to be fully informed on the Calgary real estate market so talking to a top Calgary realtor, like Jasben Lai, who is a professional when it comes to income properties will definitely elevate your investment ventures. Contact Jasben Lai today by clicking this link  https://bit.ly/ContactLiveInnerCity

This is a Calgary Income Property for Sale | w/ a LEGAL BASEMENT | $553 /mo NET CASH FLOW

This investment property is for Sale! More information here (this link will ALWAYS be active) – https://bit.ly/2RfzyqT

🛏 5 | 🛁 2.5| 📐 Over 1,000 SF Above Grade | Turnkey Property | Legal Basement Suite | 3 Bedroom Upstairs, 2 bedroom downstairs | Flexible Room Set-up | Large 2-Tier Deck | 1143 Falworth Road, Falconridge
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RESOURCES & LINKS MENTIONED IN THIS VIDEO

Contact LiveInnerCity for Investment Properties
https://bit.ly/ContactLiveInnerCity

Real Estate Investment Returns – Value Appreciation // Ep. 1
https://youtu.be/12hwz2HC-VQ

Real Estate Investment Returns – Active Appreciation // Ep. 2
https://youtu.be/TF2ZEZlp3-A

Real Estate Investment Returns – Principal (Mortgage) Paydown // Ep. 3
https://youtu.be/ykFccCgOEII

Income Property in Calgary | $460,000 Real Estate Investment Tour
https://youtu.be/SwUkZ6J2RfY

Average Costs To Legalize Your Basement Suite
http://bit.ly/LegalizeYourBasementSuiteNOW

Real Estate Investing in Canada for 2021
https://www.youtube.com/playlist?list=PLXftS7_nxZRQCsw62k-lJreEQP_pxH11p

For a FREE Calgary Community Map
https://bit.ly/33jhoX2

For Calgary Downtown Condo Tours
https://www.youtube.com/playlist?list=PLXftS7_nxZRQeH4GMQxQ5QUQw85WgVSJA

The Best Home Buying Tips & Info You NEED To Know
https://www.youtube.com/playlist?list=PLXftS7_nxZRRuELQXfS3V9_yzntaZQCHi
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Felix Chan & Jasben Lai are Calgary Realtors with the LiveInnerCity Real Estate Team in Alberta, Canada. Felix is also a Calgary Mortgage Broker and Real Estate Investor.

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Видео Calgary Income Property | LEGAL BASEMENT | $553 /mo NET CASH FLOW канала LiveInnerCity - Calgary Real Estate