🛏️ 24th Apr 2024 - I Made $136,000 On Airbnb Last Year Renting Out Homes I Don't Own.

💥 Wednesday 24th April 2024 💥 Questions Agents Hate! Toronto's Real Estate Blaze: Daily Hot Market Digest! "Crafting Your Path to Home Triumph: Free Reports & Coveted Listings!" "Toronto's Real Estate Blaze: Daily Hot Market Digest" is your go-to source for the latest and hottest updates in Toronto's real estate market. Our daily digest brings you an exclusive blend of breaking news, expert insights, and market trends that keep you in the know. From housing price fluctuations to the newest property listings and investment opportunities, we cover it all. Whether you're a buyer, seller, or just a real estate enthusiast, this newsletter will keep you informed about the blazing hot developments in Toronto's ever-evolving real estate scene. Don't miss a beat with "Toronto's Real Estate Blaze: Daily Hot Market Digest." Stay ahead of the game and ignite your real estate knowledge! Are there any topics or inquiries that realtors are legally obligated to address, even if they would prefer not to discuss them? Yes, realtors have legal and ethical obligations to address certain topics or inquiries, even if they would prefer not to discuss them. These obligations are designed to protect buyers and sellers and ensure fair and transparent transactions. Here are some key areas where realtors are legally obligated to provide information: 1. Disclosure of Material Facts Realtors must disclose all material facts that could affect the property's value or desirability. This includes information about the property's condition, history, or other issues that could impact a buyer's decision to purchase the home. Material facts may include: Structural issues: Such as foundation problems, roof damage, or plumbing and electrical issues. Environmental hazards: Asbestos, lead paint, radon, or other hazardous materials. Zoning restrictions: Restrictions on property use or future development. Neighborhood factors: High crime rates, noise pollution, or known nuisances. 2. Stigmatized Property Disclosure In some jurisdictions, realtors must disclose if a property is stigmatized by a certain event, such as a death, crime, or other incidents that might affect a buyer's perception of the property. The requirements vary by region, so realtors must understand local laws regarding stigmatized property disclosure. 3. Fair Housing and Anti-Discrimination Laws Realtors must comply with fair housing laws, which prohibit discrimination based on race, color, religion, sex, disability, familial status, or national origin. This means realtors cannot avoid discussing topics that could lead to discrimination, such as school districts, neighborhoods, or demographic information. They must provide information in a manner that respects these laws. 4. Known Legal Issues If there are legal issues affecting the property, such as unresolved liens, pending litigation, or disputes over property boundaries, realtors must disclose them to prospective buyers. 5. Seller Disclosure Requirements In some jurisdictions, sellers are required to complete a property disclosure statement outlining known defects or issues with the property. Realtors must ensure that these disclosures are provided to potential buyers. Addressing Inquiries While realtors have a legal obligation to disclose these topics, they also have to balance providing information without violating privacy or engaging in discriminatory behavior. If asked about sensitive topics that could lead to discrimination, realtors typically redirect the inquiry or provide objective data without personal bias. For example, if a buyer asks about the demographics of a neighborhood, a realtor might point them to publicly available demographic information rather than answering directly. In summary, realtors must address topics related to property condition, legal issues, stigmatization, and fair housing compliance. By adhering to these obligations, they help ensure a fair and transparent real estate process. I made $136,000 on Airbnb last year renting out homes I don't own. Here's what I tell others who want to try it too. Monica Lee White made $136,000 renting out other people's homes on Airbnb through rental arbitrage. She now teaches others her method for making six figures. ca.movies.yahoo.com READ MORE ... More than half of Canadians say 2nd job needed to buy a home: RBC survey | Globalnews.ca The poll which surveyed Canadians under 65 found that 57 per cent believed they would need that second job or side hustle in order to supplement their savings globalnews.ca READ MORE ... 'Gorgeous' homes in Ajax and Clarington sold for as much as $100,000 above asking price on real estate market in April with big bedrooms, large windows Both are detached homes. durhamregion.com READ MORE ... Hamilton tenants protest above-guideline rent increases ACORN calling on province to ban higher-than-normal rent increases to protect remaining affordable housing stock. thespec.com READ MORE ... Multiple offers mounting for houses under $1 million in Toronto: real estate agents Multiple offers are mounting for houses under the $1 million mark in Toronto while prices stay steady and competition moves faster and fiercer, according to real estate agents in the city. toronto.ctvnews.ca READ MORE ... This Week’s Top Stories: Canadian Mortgages Help Push Record Debt & Investors Are Fleeing - Better Dwelling Time for your cheat sheet on this week’s top stories. Canadian Real Estate Canadian Household Debt Nears $3 Trillion, Over 130% of GDP Canadians are warming up to borrowing again, fueled by rumors of cheap credit returning soon. Households owed $3 trillion in debt as of February, climbing 3.4% from last year. Higher rates slowed […] betterdwelling.com READ MORE ... A closer look at “Sell in May and go away” - MoneySense A pattern in the markets works—until it doesn’t. Investors will be better off focusing on the fundamentals. A pattern in the markets works until it doesn't. Investors will be better off focusing on the fundamentals. moneysense.ca READ MORE ... 10 best-selling condo buildings in Mississauga, Halton and Toronto, Ontario | insauga Here are 10 of the Greater Toronto Area’s best-selling condo buildings. insauga.com READ MORE ... Buying or selling a house? Do your homework first Realtor Susan Kramm described a recent broker call she had with other realty executives around the province. T... battlefordsnow.com READ MORE ... One of Ottawa's most expensive luxury homes has sold for $5 million One of Ottawa’s most expensive luxury homes is off the market. According to local luxury realtor Sezlik Luxury Properties, the Bauhaus-style home at 55 Old Sunset Blvd., overlooking Commissioner’s Park and Dow’s Lake, has been sold. “A huge congratulations! What an absolute pleasure working with our wonderful clients and selling this stunning home,” Sezlik announced in an Instagram post Wednesday. “Wishing you all the best on your next... msn.com READ MORE ... Canadian Mortgage Changes Blur The Line Between Normal & Crisis: CMHC - Better Dwelling Canada is taking crisis-style mortgage market intervention, and making it an everyday thing. That was the feedback the Government of Canada (GoC) received from the CMHC. In recommendations dated in 2022, the CMHC explained the country’s plan to directly fund mortgage borrowing is unusual for a Sovereign, and blurs the line between normal markets and […] betterdwelling.com READ MORE ... What is a halal mortgage? How interest-free home financing works in Canada - National | Globalnews.ca As part of the 2024 federal budget released last week, Ottawa said it is 'exploring new measures to expand access to alternative financing products, like halal mortgages.' globalnews.ca READ MORE ... Equifax Canada testing use of rental payment data for credit scores TORONTO — Equifax Canada is exploring how rent data could factor in to credit scores to help make credit and financial services accessible to more people. The agency said it has been testing small volumes of rental payment data to assess its suitability. An Equifax study found that including “alternative data” could establish or enhance […] kitchener.citynews.ca READ MORE ... Rent in Toronto is on the decline for the third month in a row: report The average price of rent in Toronto has declined for the third month in a row, according to a recent report by rentals.ca. cp24.com READ MORE ... Vancouver's rent is among the highest in Canada and here's how it compares to Toronto Rental prices have gone down slightly in Canada's largest cities. narcity.com READ MORE ... B.C. tenants unknowingly move into mouse-infested apartment for $3,000 The renters submitted a video of mice running around the unit as evidence. newwestrecord.ca READ MORE ... Experience the future of real estate investing - REM How Investium is simplifying the process of joint property investment realestatemagazine.ca READ MORE ... Cottage of the Week: $4.3 million for a Port Carling cabin with a retrofuturist roof The 1,800-square-foot property also comes with marble bathrooms, a rooftop patio, a private beach and a two-slip boathouse torontolife.com READ MORE ... Proposed Toronto condo complex seeks gargantuan height increase A large condo complex proposed in the increasingly condo-packed Yonge and Eglinton neighbourhood is planning to go much taller. Developer Madison G... blogto.com READ MORE ... Hardly anyone is building or buying condos in Toronto anymore as market flops Though higher interest rates and unyieldingly prohibitive home prices have made Toronto completely unaffordable to all but a select few, the housin... blogto.com READ MORE ... Most Ontario residents need to work a second job to afford a home in 2024 Dreams of owning a home in one of Canada's most expensive provinces continue to move further out of reach for most Ontario residents, with a new su... blogto.com READ MORE ... Ontario home sold at $500k loss after 5 failed attempts to sell An Ontario home sold well below its previous selling price earlier this month sheds light on just how unpredictable the province's real estate mark... blogto.com READ MORE ... Editor's Note "Welcome to my Newsletter Page! I am a professional Real Estate Agent in Toronto GTA with an Architectural background from India. With a unique combination of design and real estate knowledge, I am dedicated to helping clients find their dream home. My expertise in both fields allows me to understand the potential of a property and how to best showcase it to potential buyers. I am committed to providing excellent service and going above and beyond for my clients. Let me help you navigate the real estate market and find your perfect property in the Greater Toronto Area & Surroundings. Contact me today!" Click Here For Hot New Toronto Regional Real Estate Board [TRREB] MLS® Listings. Call | Email me for more Info on any GTA Listings, Buying, Selling, Investing or Homebuyer's queries. Click Here to View Listings like Real Estate Agents. Click Here For HOMES & CONDOS In Toronto. Click Here For PRE-SALE CONDOS in Toronto. How does Rent-To-Own Homes works? 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