HOW LONG SHOULD YOU LIVE IN YOUR FIRST HOME?

Описание: How long do you have to live in your first home? This is the biggest question I get from people who see their first house as a stepping stone. It's not a legal rule, it's a financial one!

This video breaks down the famous "Five-Year Rule" which is the financial sweet spot where you maximize equity and finally turn a profit after covering all those expensive upfront closing costs and commissions.

You’ll learn:
Why 5 years is the financial break-even point (and how selling sooner can cost you thousands).
The "2-Year Investment Hack" that allows you to turn your principal residence into a rental property using your original, favourable mortgage.
How paying down your mortgage principal faster helps you get rid of that costly mortgage insurance (CMHC/PMI) sooner.
Your two best options (Sell or Rent) if life forces you to move before the 5-year mark.

I’m Jenna Bole, a Calgary REALTOR® who helps buyers, sellers, and families relocating to Calgary make confident, stress-free moves. If you’re planning a move to Calgary, or just starting to explore your options, this channel is here to give you practical tips, neighbourhood guides, and insider real estate insights.

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So, let me know in the comments, are you planning to stay 5 years for max profit, or try the 2-year investment hack?

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