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Benefits of taking a loan | How to take loans to make money #buildempire
#howto
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Taking a loan can be a dangerous game.
But if done smartly, you can make CRORES out of it.
Watch this video till the end to understand why I took a Rs. 1 crore loan to buy a villa in Goa instead of making a complete downpayment
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Attributions:
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Video Editor: Vallabh Salgaonkar
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Good to see Akshay in real estate game. Appreciate for sharing your plan.
How’s this Intro for Akshat’s YouTube Channel, Hope you like it 😉
Here’s the Link : https://youtu.be/oADA8OAMBig
Two questions around this investment Akshat. Today you are in Goa but what happens when you relocate to another city. Managing a property in another city is daunting. How do you overcome this ? Did you buy this property as an individual or as a firm ?
I have many EMIs so cant buy a property. Banking on stock market to buy the property in future
How to buy a air bnb property in Goa plz make a video on it
Thanks for comment
Endeavor to reachout ⬆️⬆️
Very nice content sir…. Ur great sir. Kindly also share links of ur Airbnb managers n guide us to do Airbnb short term rental business…… 🙏🙏😊😊
Sir pleace investment in andhrapradesh (amaravathi new captial area ) present here lands low cost ,this lands will be hike ,like my brother buy a sq.feet 12,800 rs present that area sq.feet 18,000 with in one year ,here national 🛣️ project is running …and captial area
Loan taken 1 cr
7.2% for 20 years = 80000 emi
After 10 years -120monthx80000 =9600000/-
Outstanding loan remain- 6745000/-
Downpayment-9000000/-
Total=96Lakh+67.45lakh+90Lakh=2.54 crore.
Sell at = 4cr
Profit = 4cr – 2.54cr=1.46cr
Down payment 90lakh in fd fr 11year give 1.8 cr.
MFer said he got 7-8% fixed loan not floating??? Did they give you a unicorn too as a house warming gift?
Very much impossible to get a loan at that interest
Sir , You should have have also considered the opportunity cost if you pay the full amount of house without taking any loan and using that 80k in investing . It could have generated decent returns combining the value of both house and investment
I meant renting the car and compare
Comparing rental vs non rental rent your compare for fareness not trivial one
Hi, but how did you estimated 4cr
Could you please elaborate your AIRBNB investment journey? And the 81K cash flow claculation too,. Also would like to have a glimpse of your property.
Hello Akshat
I wanted to confirm one thing
That are you able to take depreciation also on that property as you r using it as rental income ???
Please if you could put some light on this. Would rally appreciate 🙏🙏🙏
Congrats
On invest Mindset channel you are beautifully said about why not to purchase real estate…..but your this move is totally irrelevant