Toronto Realty Blog

APRIL 18, 2024

The rental market is no longer “tough,” I said. From the article above: Acute supply-demand imbalances have pushed the national rental vacancy rate to 1.5% – the lowest point since at least 1988, according to the latest Canada Mortgage and Housing Corp.’s s (CMHC) rental market report. What do I mean by that?

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Marketing As-is Mortgages Sales 67

Real Trends

NOVEMBER 21, 2022

Johnson Tsai’s business is usually 50-50: evenly split between representing buyers in and doing rental deals in New York City. Given the current market, my business is at least about 60% renters and the other 30% to 40% is buyers and sellers,” said Tsai, an agent at brokerage REAL New York.

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Agents Mortgages Property Management Commercial 100

Marco Santarelli

APRIL 9, 2024

These profit centers are the reason that real estate is one of my favorite investment vehicles. Each month they will pay you rent. Let's say that you own a rental house and get $1,000 per month in rent. You'll often hear that the stock marketing returns anywhere from 7%-10% annually. But we'll use these numbers for now.

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Land Loans Equity Investor 98

Toronto Realty Blog

OCTOBER 23, 2023

But I would like to introduce the concept of “freedom” as we delve into the debate about how and if the prevalence of AirBnB rentals is exacerbating the housing crisis in Canada. It’s the right and freedom of a property owner to lease or rent the property that they themselves own , the way they see fit.

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Toronto Realty Blog

OCTOBER 19, 2022

That’s my cynical take on what’s happening. I’ve written a lot about the rental market so far this year; more than usual. I’ve written a lot about the rental market so far this year; more than usual. Let’s say that I have a property listed for lease. TorontoRealtyBlog. Screening them.

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Pre-approval Pre-qualification Agents As-is 87

Realty Biz

FEBRUARY 15, 2022

Coughing up $50,000 as a down payment on a rental property is far from your only option to invest in real estate. For example, homebuilder stocks tie directly to the real estate market, as do home improvement retailers like Lowe’s and Home Depot. And so the list continues. Fractional Ownership in Rental Properties.

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Renovation Loans Brokerage Investor 118

Realty Biz

AUGUST 4, 2023

Renting your first apartment can be fun but challenging at the same time. Additionally, we'll explore some of the best sites for renting apartments , making your apartment-hunting journey more convenient and efficient. You'll be much better equipped to find an excellent apartment rental when you're done reading.

As-is 83

As-is Construction Design Marketing 83

Marco Santarelli

OCTOBER 16, 2023

If you own a property that you rent out to tenants, you may wonder if you have to report the rental income to the IRS, especially if you are not making any profit from it. The answer is yes , you do have to report your rental income regardless of whether it is profitable or not. What is rental income?

Mortgages 52

Mortgages As-is Marketing 52

GeekEstate

OCTOBER 31, 2021

Even if you still prefer to manage your properties through paper receipts and spreadsheets, today’s Millennial and Gen Z renters are demanding technology as a part of their entire rental experience. These tools can be especially helpful for tenants who are moving from out of town or landlords who live far away from their rental properties.

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Property Management Technology Industrial Design 113

Toronto Realty Blog

OCTOBER 17, 2022

Hard to fathom that the last time we looked at these rental statistics, summer was just underway… In a similar fashion, every time I go to the dentist, without fail, I remain amazed by the concept of my next visit. Typically, I only list rentals for clients when their tenants leave. ” January?

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Marketing As-is Agents Land 94

GeekEstate

JULY 24, 2022

My goal is to deliver technology to the underserved long-tail landlord segment of the residential rental market. Though most technology has been geared toward institutional property management companies, around 50% of all rental units are owned by individual investors or ’mom & pop’ landlords. What’s next for you?

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Property Management Technology Staging Agents 130

The Close

JULY 23, 2022

In my 27 years as an agent and coach, I have never seen inventory this low. Many agents who work predominantly with buyers grumble that they have too many buyers and not enough listings to show them. Listing agents are not meeting their goals, and some are struggling to make ends meet. Sort the search by “Listing Agent.”

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Bankruptcy Purchase and sale agreement MLS Investor 111

Realty Biz

AUGUST 16, 2023

Are you considering a rental agreement with a relative or close friend? Renting to friends or family comes with its own set of advantages and disadvantages. Unlike renting to strangers, you can skip the expense of advertising, listing fees, or hiring a Realtor to find a tenant.

Inspection 72

Inspection Closing As-is Marketing 72

Afford Anything

JULY 22, 2020

Max is torn between investing in a rental property or taking advantage of a mega backdoor Roth 401k through his company. Should she buy a duplex that needs fixing up or a cheaper apartment that’s rent-ready? They’re wondering: is it wise to keep it, rent it out, and use a cash-out refinance as a downpayment on their next property?

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HR Equity Mortgages Branding 126

HomeLight

AUGUST 31, 2021

Owning a home is many a renter’s dream. In the meantime, you’re still paying rent, maybe even more each month than you’d pay for a mortgage payment. But what if a portion of your rent were going toward purchasing your rental home at a later date? Rent-to-own basics: Crediting rent toward a future purchase.

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Purchase and sale agreement Due diligence Closing costs Mortgages 124

Toronto Realty Blog

AUGUST 31, 2022

What’s the best rental scam I’ve ever seen in practice? While I’m going to detail a rental scam that I witnessed, first-hand, earlier this year, first I need to regale you with the story of the truly “best” scam I’ve ever seen work. “Well, remember the model who was going to rent my apartment?”

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Banks Agents As-is Industrial 100

Toronto Realty Blog

APRIL 22, 2024

TorontoRealtyBlog I remember the first time one of my elders turned toward me and remarked, “You know……we were all young, once.” ” My response was, “Thanks, old lady ,” but fortunately that only resonated in my mind, and in practice, I simply forced a smile.

Pre-approval 78

Pre-approval As-is Construction Marketing 78

Kyle Handy

JANUARY 2, 2023

Still, I began to figure out how to keep more money by understanding how Realtor tax deductions and strategies could work to my advantage as a real estate agent. Talk to expired listings 27. For more information, check out my Quickbooks For Real Estate Agents post. Reach out to your existing network 2. Attend local events 5.

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Agents As-is Finance Inspection 105

The Close

NOVEMBER 3, 2023

So let’s dive into the top features of Homebot, its pricing, and my full breakdown. out of 5 My Verdict As both a real estate agent and coach, I’ve seen my fair share of software designed to help agents stay connected with clients. Homebot has entered the chat. Homebot isn’t just a win for homeowners, though. The Close Score 4.7

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Agents Land Design As-is 96

Toronto Realty Blog

APRIL 20, 2022

I sprained my ankle on Saturday. I rolled my right ankle, essentially stepping on my own foot, by doing one of the following: a) Chasing a purse-snatcher down Bloor Street West after he stole an old lady’s handbag. c) Raking leaves on my front lawn, merely ten minutes into the exercise. TorontoRealtyBlog.

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Marketing As-is 83

Realtor.com

JANUARY 4, 2022

Getty Images When we were selling our home a few years ago, our real estate agent strongly recommended that we have our home staged. Having heard that home staging could help us sell quickly and for top dollar, we decided to give it a try. As is, we were warned, our home was woefully not up to snuff. And the results?

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Staging Sales Agents Design 113

Realtor.com

JANUARY 11, 2023

My good friend ended up in just this situation after saving for years to buy his dream home with his family. 2: Cover loss in value with rental income. Although they wanted to sell, they ultimately decided to rent [out] the property due to market conditions.”. Homeowner equity hit a delirious peak of $17.6 Situation No.

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Marketing Renovation Equity Staging 90

CT Homes

OCTOBER 6, 2021

People invest in rental properties for countless reasons and each rental property is different. Whether it’s a condominium in a city with numerous tenants or a vacation home that’s rented for only a few months of the year, owning rental property has its fair share of exciting advantages and unique challenges.

Investor 82

Investor Equity As-is Marketing 82

Afford Anything

JULY 7, 2021

Elizabeth has two rental properties: one that’s paid off and profitable, the other which shows a loss. If she put her profitable rental into an LLC, could she still combine the rent from both properties? My friend and former financial planner Joe Saul-Sehy joins me to answer another round of questions. from my gross pay.

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Loans Renovation Mortgages As-is 90

Toronto Realty Blog

SEPTEMBER 18, 2023

” While Romeo and Juliet eventually did get together and provide us with both a romance and a tragedy, each atop their respective lists of all-time romances and tragedies, this was a work of fiction, after all. If you choose to extend your lease, the new monthly rent will be $3,200, starting from October 1, 2023.

Agents 84

Agents Residential As-is Mortgages 84

The Close

APRIL 26, 2022

If you spend any time on Realtor Facebook groups like Lab Coat Agents these days, you will hear the same complaint again and again: “I have tons of buyers but no homes for them!” Inventory here in Colorado is tighter than it has ever been and homes sell the first weekend they’re listed. Well, join the club!

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Backup offer Purchase and sale agreement MLS Agents 76

Realtor.com

JUNE 3, 2021

HGTV Ever wonder how much cash you could rake in renting out a vacation home when you’re not using it? ” On the show (which returns for its second season on Saturday), McGillivray and his team take some of the most dated and neglected homes and turn them into unlikely slices of vacation paradise.

Equity 72

Equity Renovation Finance As-is 72

Fancy Pants Homes

MARCH 14, 2022

After 25 years of enjoying the sprawling canyon views of her Pacific Palisades abode, Brooke Shields parted ways with her longtime home. The property was listed with Jade Mills and Albert Sousa of Coldwell Banker Realty, while Cody Garcia of The Agency repped the buyer — who Dirt.com identified as actor Sam Page.

Renovation 98

Renovation As-is Sales Marketing 98

Realtor.com

AUGUST 11, 2020

Jillian Pretzel When the coronavirus hit New York City, my husband and I panicked. We were living in Brooklyn, and I was in my second trimester of pregnancy. Terrified of getting sick—and possibly passing the virus on to my baby—we decided to play it safe. We’ve been staying in this temporary home for months.

Land 110

Land Closing As-is 110

Toronto Realty Blog

MAY 13, 2022

Imagine a condo that would ordinarily rent for $2,200 per month but for which he would gross upwards of triple the amount by renting nightly on AirBnb? Property management companies will routinely take 20% of gross rents and most of them do nothing. ” He found it so amusing but that was literally my worst nightmare.

Property Management 66

Property Management Commercial As-is Agents 66

Point2Homes

OCTOBER 7, 2021

If you’re thinking of selling a home, you’ve probably heard the term ‘home staging.’ Questions like “What is home staging exactly?” and “Do I really need home staging to sell my home?” Read on for the answers to these and all your top home staging questions. What Is Home Staging?

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Staging Design Renovation Sales 105

Realty Biz

MAY 30, 2022

If you have questions on real estate investing, DIY, home buying/selling, or other housing inquiries please email your questions to askbrian@realtybiznews.com. I have no more use for my big four-bedroom two-story home. Is my thinking getting screwy as I get older and close to retirement?

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Staging Equity Residential As-is 80

HomeLight

DECEMBER 31, 2020

A new job, a desire to live somewhere else, or the opportunity to seize your dream home can create an agonizing decision: Should I sell my house or rent it out? If you go the rental route, you could get stuck with a property that becomes too expensive or time-consuming to manage. Signs you should rent out your home.

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Equity Investor Closing costs Property Management 78

HomeLight

FEBRUARY 13, 2024

Drawing from surveys and research conducted over more than a decade, we’ve compiled this “real estate FAQ” feature to provide answers to the 10 most often-asked questions about buying and selling a home. Get Started Top 10 Real Estate FAQs for home sellers 1. How do I determine the right asking price for my home?

Staging 91

Staging Inspection Agents Sales 91

HomeLight

APRIL 25, 2022

Though it didn’t take them long to agree that moving from their Pinole, California home would be their best option, they weren’t quite sure how to best navigate the process. The temporary rental dilemma…. With most rental situations, it’s not just a month-to-month,” says McCann. You’d probably be locked into an annual lease.”.

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Land Finance Sales As-is 95

HomeLight

AUGUST 30, 2022

If you need assistance navigating rent relief programs or eviction actions, HomeLight always encourages you to reach out to your own advisor. To pre-empt the looming possibility of homelessness for millions of renters and the default of millions of loans by landlords, Congress created the Emergency Rental Assistance (ERA) program.

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Pre-approval As-is Agents Closing 91

Real Trends

SEPTEMBER 21, 2022

Well, now, most travelers are doing this with a whole house they had all to themselves, thanks to the evolution of short-term vacation rentals. . My advice to any agent living close to a tourist town is to get into the action and help the locals. It brings people to town, generating business and revenue for the city. .

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Agents Industrial Closing As-is 52