#10287038 - 07/11/22 10:52 AM
Re: dat real estate v.2021
[Re: RatZero]
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Risky Business (he/him)
Provides a Great Work Environment.
Post Master Supreme
Registered: 05/17/10
Posts: 45593
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If you are using housesigma, keep an eye out for this nonsense
https://youtu.be/lcdrU8x_9Qk
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#10288124 - 07/12/22 07:00 PM
Re: dat real estate v.2021
[Re: Big Tasty]
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RatZero
Post Master Supreme
Registered: 04/28/02
Posts: 10935
Loc: Canadar
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I've seen the same thing, new listing on houses I knew that were previously listed. Last one I saw was a "3169 King Street" vs "3169 King St", 2 completely different addresses 
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#10288277 - 07/13/22 07:30 AM
Re: dat real estate v.2021
[Re: RatZero]
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Risky Business (he/him)
Provides a Great Work Environment.
Post Master Supreme
Registered: 05/17/10
Posts: 45593
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Apparently the video made it into some private Toronto Lawyers facebook group, got a call from there asking for more info 
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#10288299 - 07/13/22 08:01 AM
Re: dat real estate v.2021
[Re: Risky Business (he/him)]
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Big Tasty
Post Master Supreme
Registered: 02/10/02
Posts: 19929
Loc: Toronto
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Class-action lawsuit time. A scam within itself 
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#10288465 - 07/13/22 11:01 AM
Re: dat real estate v.2021
[Re: Hatorade]
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Risky Business (he/him)
Provides a Great Work Environment.
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Registered: 05/17/10
Posts: 45593
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Not going to lie, I put him into my CRM as a nurture lead lol
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#10288466 - 07/13/22 11:01 AM
Re: dat real estate v.2021
[Re: Risky Business (he/him)]
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Risky Business (he/him)
Provides a Great Work Environment.
Post Master Supreme
Registered: 05/17/10
Posts: 45593
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SHut the lights off, RE market about to get REKT
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#10288802 - 07/13/22 07:06 PM
Re: dat real estate v.2021
[Re: Risky Business (he/him)]
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SuPeR-MaRiO
Post Master Sr
Registered: 06/28/01
Posts: 6218
Loc: Toronto, Ontario
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#10297207 - 07/29/22 09:05 AM
Re: dat real estate v.2021
[Re: SuPeR-MaRiO]
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Risky Business (he/him)
Provides a Great Work Environment.
Post Master Supreme
Registered: 05/17/10
Posts: 45593
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Bloodbath out there.
Case study of an existing client broken down here in terms of purchasing power erosion.
https://youtu.be/xzfiyeUUK2k
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#10297321 - 07/29/22 11:04 AM
Re: dat real estate v.2021
[Re: Risky Business (he/him)]
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SuPeR-MaRiO
Post Master Sr
Registered: 06/28/01
Posts: 6218
Loc: Toronto, Ontario
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Great video. I liked the Kijiji reference 
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#10298396 - 07/31/22 02:49 PM
Re: dat real estate v.2021
[Re: Risky Business (he/him)]
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robbbby
master electrician
Post Master Supreme
Registered: 01/23/02
Posts: 15428
Loc: Canada
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Bit of a weird story, figured I'd share since crazy shit like this intrigues me
My neighbour is having a kid so he's looking at upsizing.
He found a bigger house just a few streets over, house looked nice, all remodeled, nothing out of the ordinary, he's like fuck it, it's super close i'll make an appointment to go look at it.
So he goes to look at it, notices something strange in the garage, almost like an outline of what used to be a staircase, but it's been mudded/painted over.
So he's like fuck it, going to grab a ladder and peak up into the attic access in the garage...
opens the access and it's pull down stairs, that go up into a completely finished attic space. Like entire attic space for this ranch is a bonus room.
Plywood floors, really, really poor drywall work and even a ceiling fan that was on.
He said the garage attic access was the only attic access in the whole house and only way into the space. And the listing made absolutely no mention of it at all, as if they were trying to keep it secret. He said it looks like whatever stairs in the garage that led up to the space were removed and everything sealed up.
Just so fucking weird.
Since nobody gets inspections anymore, and most people don't ever look in attics, I assume whoever buys/bought this house is going to have absolutely no clue their entire attic is a living space, or somewhat transformed into living space.
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#10298597 - 07/31/22 11:06 PM
Re: dat real estate v.2021
[Re: robbbby]
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A2B-Lexus
Post Master Supreme
Registered: 04/19/01
Posts: 45576
Loc: Raptors Land
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Sounds like a great man cave to me. 
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#10299975 - 08/02/22 08:15 PM
Re: dat real estate v.2021
[Re: Risky Business (he/him)]
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IntenseDak
Sr Member
Registered: 04/28/01
Posts: 1146
Loc: Oakville Ontario
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Awesome vlog man, hope it takes off. Great insights. Thank you
I feel like the downtown condo market rebounded from Covid lows and hit new all time highs on the spring boom , but curious to see where they land by the end of the year.
Getting a discount on a choice unit/loft could be a good long term hold.
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#10301291 - 08/04/22 04:32 PM
Re: dat real estate v.2021
[Re: IntenseDak]
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Risky Business (he/him)
Provides a Great Work Environment.
Post Master Supreme
Registered: 05/17/10
Posts: 45593
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Awesome vlog man, hope it takes off. Great insights. Thank you I feel like the downtown condo market rebounded from Covid lows and hit new all time highs on the spring boom , but curious to see where they land by the end of the year. Getting a discount on a choice unit/loft could be a good long term hold.
Thanks for the feedback.
Everything is dropping, but condos are holding up better than detached as expected (they didn't appreciate much).
The next big hurdle for condos will be maintenance fees, so much was deferred during covid and not done, now at inflated prices I have seen some people's fees jump by 12% year over year.
New builds taking occupancy now are also coming in way higher than advertised. Will make a video on that tomorrow as I am pretty sure people are about to get pretty rattled.
I have one client that's thinking of dumping their unit, she is in a condo that's connected to another condo, shared amenities, but the other condo was registered earlier they just had their fees JACKED UP, her budget review is later year so she debating if she should dump while it doesn't show on her status cert.
Just another day in Toronto real estate.
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#10302509 - 08/07/22 12:21 PM
Re: dat real estate v.2021
[Re: c2k]
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Risky Business (he/him)
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Registered: 05/17/10
Posts: 45593
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Not to sound like a shill, but RE is always a good investment if you buy well.
All the money is made on the purchase.
It's a fundamental truth and a productive asset that generates cash, buy well without the froth on top.
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#10306220 - 08/13/22 06:24 AM
Re: dat real estate v.2021
[Re: c2k]
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Risky Business (he/him)
Provides a Great Work Environment.
Post Master Supreme
Registered: 05/17/10
Posts: 45593
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Been a wild couple of weeks, picked up a place for a client earlier this week after 'losing' the bidding war. Winner flaked, I came in with a quick haircut and bought it next day.
Looking to pounce on 2 more properties for 2 other clients but some sellers still delusional thinking market isn't going down further.
Bid on a house in Vaughan, 17 offers, wtffff they ended up relisting and jacking up the price by close to half a mil.
Lots of variability on the ground floor.
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#10306637 - 08/15/22 08:45 AM
Re: dat real estate v.2021
[Re: Risky Business (he/him)]
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Simon_the_Pieman
Post Master Sr
Registered: 08/13/01
Posts: 9486
Loc: The A
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Bid on a house in Vaughan, 17 offers, wtffff they ended up relisting and jacking up the price by close to half a mil.
wowow hahah so scumy
_________________________
"I'd love it if we did it... but I guess I'm a big skeptic on Canadians because so many are retarded as fuck." - 355-Si, 2020
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#10313694 - 08/29/22 09:02 PM
Re: dat real estate v.2021
[Re: Simon_the_Pieman]
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A2B-Lexus
Post Master Supreme
Registered: 04/19/01
Posts: 45576
Loc: Raptors Land
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A friend happened to have bought a pre-construction place and sold his current house last week.
He was telling me had he sold in April, he would have been $350k richer.
Will be interesting to see how low things will go.
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#10313832 - 08/30/22 09:08 AM
Re: dat real estate v.2021
[Re: A2B-Lexus]
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Risky Business (he/him)
Provides a Great Work Environment.
Post Master Supreme
Registered: 05/17/10
Posts: 45593
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Things are volatile af right now.
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#10316665 - 09/04/22 01:16 PM
Re: dat real estate v.2021
[Re: Risky Business (he/him)]
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A2B-Lexus
Post Master Supreme
Registered: 04/19/01
Posts: 45576
Loc: Raptors Land
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he was just happy he sold. There were semis and town houses that were bigger and cheaper. Considering the had to sell, it was still a good outcome.
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#10317610 - 09/07/22 04:33 AM
Re: dat real estate v.2021
[Re: A2B-Lexus]
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nfscheats
Post Master Jr
Registered: 06/02/01
Posts: 1798
Loc: Somewhere cold
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What's up all
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#10318224 - 09/07/22 10:35 PM
Re: dat real estate v.2021
[Re: nfscheats]
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A2B-Lexus
Post Master Supreme
Registered: 04/19/01
Posts: 45576
Loc: Raptors Land
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not the real Estate market.
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