Marco Santarelli

SEPTEMBER 6, 2020

Unlike the misconception, passive income ideas do require an upfront work to earn, like writing an e-book or building and monetizing a blog. Blogging is often seen as a great way to earn almost passive income. If you run a blog and get decent traffic, you can incorporate ads to your site and get paid per click or per view on each ad.

Lending 135

Lending Loans Investor Branding 135

RIS Media

APRIL 14, 2021

I’ve written before about the Masters, and if you’re a longtime reader of this blog, you’ll know I often draw references between sports and leadership. Spieth shot a 62 at the age of 12. With a career on the rise in 2018, Woods went on to win the Masters once more in 2019. They were wrong.

Title 98

Title As-is Closing Brokerage 98

Toronto Realty Blog

OCTOBER 20, 2021

I noted in a CTV Your Morning interview last month that about 35% of the cost of a new condo is taxation. But as far as today’s blog post is concerned, let’s discuss the notion of “increasing affordability” which ultimately leads to increasing prices. Take a $750,000 condo in Toronto. Oh – and new taxes.

Marketing 96

Marketing Construction Land As-is 96

Toronto Realty Blog

MARCH 14, 2022

Anybody read this in a previous blog post? Then lose four more times over the course of the next three months, as inventory is low, you have particular needs/wants in mind, and you’re suffering from what most buyers call “bad luck.” I started selling real estate in 2004. Any guesses? So what if you sold first?

Pre-qualification 77

Pre-qualification Sales Closing Equity 77

HomeLight

OCTOBER 17, 2022

Back in 2018, Shaheedah Hill was a real estate agent and a teacher. Shaheedah: So I tried Zillow for about two months. I think I was paying $500 a month, and I wasn’t getting any, like, really good leads from Zillow. I had one lead from the two months. Matt: That was 2018. Begin original episode).

Agents 109

Agents Principal As-is Marketing 109

HomeLight

DECEMBER 31, 2020

He had trouble attracting tenants with decent credit and rental histories, so after the house sat empty for a few months, he relaxed his criteria and got a tenant. Everything seemed OK for three months, and then the problems started: late rent, excuses, and finally, a drawn-out eviction. At the time, he owed around $80,000.

Equity 84

Equity Investor Closing costs Property Management 84

HomeLight

AUGUST 31, 2020

If you incur that 100% penalty, then you’re up to $10,000 plus 12% interest per month. For income taxes, the federal government charges 5% of the tax owed for each overdue month or part of the month. I have one that started in November of 2017, and we finally got it cleared in August of 2018,” recalls Cornell.

Bankruptcy 103

Bankruptcy Equity Title Closing 103

HomeLight

JUNE 20, 2022

Back in 2018, Shaheedah Hill was a real estate agent and a teacher. Shaheedah: So I tried Zillow for about two months. I think I was paying $500 a month, and I wasn’t getting any, like, really good leads from Zillow. I had one lead from the two months. Matt: That was 2018. Full Transcript. Shaheedah: It does.

Agents 75

Agents Principal As-is Marketing 75

Toronto Realty Blog

JANUARY 9, 2023

Looking back on it, I suppose I didn’t “need” to write a thousand words or more about my holiday break in Thursday’s blog post, thereby extending the length of the blog and only allowing us to examine two of the ten discussion points for 2023. Q3 of 2018: 0.28%. Leave politics out of your blog.”

Land 84

Land Development Pre-approval Banks 84

Toronto Realty Blog

JUNE 7, 2021

Would you read some random real estate agent’s biased blog? This is less than March and April, which were the #1 and #2 months for sales in the history of TRREB. But it’s more than the post-pandemic average, and more than every month since last summer, save for Feb/March/April of this year. Where would go turn to?

Sales 96

Sales Marketing As-is Agents 96

Louisville Homes

DECEMBER 13, 2020

Therefore, more expensive houses are out there but weren’t sold in the past 12 months. Year # Sold 2016 35 2017 59 2018 60 2019 69 2020 77. These results are more in line with 2018 than last year, which seems to be the outlier. 4 – 12 Overbrook Road. Cumulative Days on Market 182 120 205.

Land 105

Land Days on market Development As-is 105

Toronto Realty Blog

OCTOBER 30, 2023

.” The report then noted: “Increasing Toronto’s property tax rates to levels comparable to other municipalities in the Greater Toronto and Hamilton Area (GTHA) – approximately a 10-12% increase over and above the rate of inflation – would provide an additional $500 million per year, as outlined in Section 3 of this Report.”

Renovation 79

Renovation Land Loans Pre-approval 79

Toronto Realty Blog

DECEMBER 15, 2021

Looking back at my year-end posts from 2020, 2019, 2018, and so on, I swear I don’t think I’ve ever felt older. Growing from age one to age two represents a fifty percent increase in their time on earth, but it’s merely another twelve months for you. TorontoRealtyBlog. Intimately. Every year, there were five topics.

As-is 96

As-is Marketing Title Agents 96

Toronto Realty Blog

JANUARY 18, 2023

properties which were unoccupied for six months or more during the previous calendar year). 5 months owner occupied plus 2 months vacant plus 5 months being renovated, would still be classified as a vacant dwelling and require a tax payment since no single use lasts the minimum six months).

Purchase and sale agreement 98

Purchase and sale agreement Residential Land Renovation 98

Toronto Realty Blog

OCTOBER 4, 2021

And as tempted as I am to “name names” here on this blog today, the old adage, two wrongs don’t make a right holds true. Maybe she isn’t aware that tenants automatically go month-to-month after a one-year lease expires, and perhaps she’s offering a new one-year lease out of the goodness of her heart!

As-is 82

As-is Residential Commercial Closing 82

HomeLight

OCTOBER 20, 2020

Disclosure statement requires owner to disclose human death by homicide or suicide onsite, as well as felonies committed on the property; that occurred within the past 12 months, per statute 43-4-44. The Los Feliz Mansion closed on July, 18, 2016, and was snatched up in a probate sale the month before. South Dakota.

Marketing 109

Marketing Agents As-is Probate sale 109

Toronto Realty Blog

MARCH 17, 2021

Every single month, without fail, I receive a phone call or an email from a client asking about a recent correspondence with an existing tenant. ” A reader called me last week and said he was getting $3,200 per month for his condo and that the tenants had asked if they could get a rent reduction………to $2,500.

Marketing 94

Marketing As-is Renovation 94

Toronto Realty Blog

NOVEMBER 11, 2020

So she had months to get this place leased. She was renting the unit for $2,450 per month but we told her that market rent had dropped dramatically, and that she should really put the unit up for $2,295/month. We begged her to re-list at $2,195/month, or less. “I was getting $2,450/month last year.

Investor 97

Investor Construction As-is Development 97

Toronto Realty Blog

APRIL 5, 2021

A reader emailed admin@torontorealtyblog.com and said, “Whaa no blog today?” ” True, I never post blogs on holidays. million in February, after leaping $205,000 in 12 months, he was now determined to leave behind two houses, one for each of his children. And how was your long weekend?

Agents 83

Agents Inspection Title As-is 83

Toronto Realty Blog

DECEMBER 16, 2020

Not only are my fingers tired from writing Monday’s blog, but also from hand-writing three-hundred Christmas cards! Top Five: Real Estate Stories of 2018 : 5) TREB vs. the Competition Bureau. And lots of links to blog posts in each section too. I sell real estate in Toronto and I write the TORONTO Realty Blog.

Purchase and sale agreement 83

Purchase and sale agreement As-is Marketing Banks 83

Toronto Realty Blog

NOVEMBER 23, 2020

Inventory has skyrocketed, as I wrote HERE in an early-September blog post. I have a listing right now for a condo that the owners were leasing out for $2,195/month, and we’re down to $1,795/month. Offering a condo for $1,795/month that was previously listed for $2,195/month is a good start. Apparently, not.

Agents 83

Agents Residential As-is MLS 83

Toronto Realty Blog

JANUARY 23, 2023

Show this blog to some people that lean far “left of centre,” and they’ll call me a monster. While Q4 still saw fewer lease listings in each of Sept, Oct, Nov, the year-over-year declines aren’t nearly as steep as in previous months. ” Again, I sympathize.

Marketing 91

Marketing Agents Sales MLS 91

Toronto Realty Blog

SEPTEMBER 8, 2020

As I wrote on my blog last Friday, I owed it to my wife and to my family to take a day off, since I really haven’t done that all summer. The Friday before Labour Day is a ghost-town in real estate, and I figured I’d have few blog readers paying attention. Previous lease: $2,395, April of 2019, 12 DOM.

Marketing 73

Marketing MLS As-is Agents 73

Marco Santarelli

AUGUST 4, 2020

However, the market conditions are showing some signs of improvement due to growing consumer interest and pent up demand after two months of continuous decline in sales. Just like the previous month, closed sales were up by 22.2 in home values over the next 12-months. from 2018 to $244,000. months last March.

Marketing 141

Marketing Investor Sales As-is 141

Toronto Realty Blog

FEBRUARY 9, 2022

After I author this blog post and Toronto buyers read it, we’re going to see the number of “buyer letters” increase by 20,000%. ’ I tried to look back in my archives for other examples, but alas, I could not find anything before 2018. TorontoRealtyBlog. I already know what’s going to happen.

Renovation 88

Renovation Agents Title Sales 88

Toronto Realty Blog

MARCH 28, 2022

At that time, we had been in our house for exactly 18 months. The sump pump was manufactured in 2017, installed in 2018, and failed in 2020. That was twelve months before this problem occurred. 12 agents requested a copy of the home inspection. TorontoRealtyBlog. Our new house. So what was I told in the end?

Inspection 99

Inspection Closing As-is Agents 99

HomeLight

AUGUST 24, 2020

The typical Realtor did 12 transactions in 2019, according to the National Association of Realtors. National Association of Realtors’ 2020 Member Profile (statistic about typical Realtor doing 12 transactions per year). HomeLight acquires Disclosures.io – our blog post announcement. Disclosures.io/homelight

Agents 98

Agents As-is Sales Brokerage 98

Norada Real Estate

FEBRUARY 3, 2021

For example, the only allowable situation is when it is your primary residence, but less than 2 percent of Las Vegas rental properties met that definition when the law was passed in 2018. Average Rental Property Income: $1,259/month. Rental rates in Pioneer Park are around 1300 dollars a month. Average Rent: $1,326.

Investor 66

Investor Industrial As-is Commercial 66

Toronto Realty Blog

OCTOBER 21, 2020

Having commandeered the entire lower-level board room for an office, back in 2018, I was pretty darn comfortable at 290 Merton Street! Can you imagine how many times buyers have purchased properties without knowing, or being informed, that there’s a rental furnace that costs $80 per month? and thus we had to find a new home.

Brokerage 59

Brokerage Inspection Agents Closing 59

HomeLight

MARCH 21, 2022

American Homes 4 Rent , serving metropolitan areas in 12 states including Arizona, Colorado, North Carolina, and Tennessee. With Simple Sale, you can get an all-cash offer in as few as 48 hours and sell your home in as little as 10 days, skipping the months it takes to sell the traditional way. Locations: Nationwide. 866-953-2042.

Closing costs 103

Closing costs Home sale contingency Investor Closing 103

Toronto Realty Blog

NOVEMBER 16, 2020

But as I’ve written about as recently as last month, I’m logical, rational, and I believe in function over form. My wife and I purchased a home in May of 2018 and moved in August that summer. I sent Shirley on a mission: find us round end-tables that are no more than 12-inches in diameter. Complete fantasy.

Design 65

Design As-is Renovation Sales 65

HomeLight

APRIL 19, 2021

Ten years ago, in the market where I live, Tri-Cities, Washington, there’d be about 1,200 to 1,400 homes available most months. Before Caroline joined HomeLight in 2018, she was at Inman for two-plus years. ” And I got…there were, like, 10 or 12 replies, I think. Five years ago, it was about half that.

Agents 75

Agents Purchase and sale agreement New Construction As-is 75

GeekEstate

OCTOBER 16, 2020

[Editor’s note: Originally published on the Thomvest Blog.]. In return, Opendoor receives a 6–12% discount on the market value of the home. Bundling may then improve seller conversion rates — according to Opendoor’s investor presentation, sellers are about twice as likely to sell their home at a 6% fee vs. a 12% fee.

Purchase and sale agreement 89

Purchase and sale agreement Title Investor Brokerage 89

HomeLight

JANUARY 11, 2021

And after real estate thrived through an entirely unpredictable 2020, we need to ask what’s coming our way in the next 12 months. Interest rates, oh my gosh, they seem to hit another record low every month, right? Before Caroline joined HomeLight in 2018, she spent more than two years at Inman. A new year is here!

Agents 91

Agents Equity As-is Investor 91

Toronto Realty Blog

FEBRUARY 28, 2022

I had planned a blog about interest rates for a couple of weeks now, but with the conflict in Ukraine, I can’t imagine that whatever was planned by the Bank of Canada and the U.S. That’s about 50 basis points higher than markets were expecting just a month ago. appeared first on Toronto Realty Blog.

Banks 77

Banks Lending As-is Marketing 77

GeekEstate

JANUARY 3, 2022

For those curious to get into the weeds, read this analysis from Brian Potter, a Katerra employee from early 2018 to the end of 2020. They’ll tack on 100 basis points in a month. More than $12 billion in Emergency Rental Assistance has been distributed so far , with roughly $30 billion still unallocated. Verdict: Win.

Industrial 116

Industrial Bankruptcy Development MLS 116

Toronto Realty Blog

SEPTEMBER 22, 2022

Oh, the stories I could share, if only I had my own television show, radio program, podcast, or……… blog? At 12:00pm when the place cleared out, I stayed for a bit as we chatted away. It’s not like I wrote a real estate blog at the time, right? TorontoRealtyBlog. That was her mistake. TARION was too big.

Industrial 99

Industrial Pre-approval Purchase and sale agreement Development 99