Shocking Stories: Why 95% of Tenanted Homes Don’t Sell in Toronto Real Estate Market

[@shamayialawson4855]

With around $120k invested in Palantir stocks, any suggestions for additional stocks to diversify across various markets? Looking for a well-rounded portfolio that balances risk aversion with returns meeting yearly inflation concerns.

[@JoelGraysonGrayson]

Absolutely crucial in the stock market: information, insight, and predictability. As an early investor in NVDA, AMD, ANSS, and LRCX, my advisor's guidance was invaluable

[@TengkuTony]

People often underestimate financial advisors' importance. Over 50 years of data reveal that those who work with advisors typically earn more than those who go it alone. I've been fortunate to work with one for 13 years, resulting in a $1 million portfolio, largely from early investments in AI and other growth stocks.

[@shamayialawson4855]

That's a great tip. I'm setting out 50k to invest in the market this year. Any particularly useful tips you could offer to me?

[@TengkuTony]

I'd say a little due diligence on “Shellane Maxwell” truly exceptional..

[@shamayialawson4855]

I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?

[@mannyanagnostakis444]

Very Ambiguous / nuanced explanation I found online specifically #3: Copy and pasted Below "My lease ended, and I am currently a month-to-month tenant. My landlord sold the property…what will happen to me? One of 3 things can happen:" "Nothing changes. The new owner assumes your tenancy, and your last month’s deposit is transferred to them; everybody’s rights and responsibilities remain unchanged. Note that if it’s been more than 12 months since your last rent increase, they may choose to increase your rent according to the guidelines. You and your new landlord can choose to sign a new lease (you can’t be forced to sign a new lease) Your new landlord can give you 60 days notice of their intention to move-in and provide you with compensation equal to one month’s rent. Note that the current landlord can provide that notice on behalf of the new owner. "

[@mannyanagnostakis444]

Correct me if I am wrong - When a condo is sold in Ontario with a tenant, the tenant does not have to move out by the closing date, even if on month to month. The new owner (Buyer) would assume the tenant and need to forward the N12 form to the tenant giving notice to vacate 60 days later and provide tenant one month compensation. Of course a Buyer would prefer not to have to deal with that, so they prefer to have the seller work out an arrangement with the tenant for vacant possession for Buyer. Which could potentially amount to multiple months compensation from seller to tenant to give Buyer more confidence of vacant possession. "In Ontario, tenants cannot be evicted because a landlord is listing their property for sale. If the tenant is in a lease, the new owner assumes the tenant; if the tenant is month-to-month, the new buyer can give 60 days' notice of their intention to move into the property"

[@JesseSkwierawski]

Yes. This video just pretends like they bypassed the whole process so easily because they "knew all the secrets". The truth is, the tenant can just ignore the N13, wait for the sale to finish, then wait again for the new owner to serve the N13 and the L2, then wait 8-12 months for the hearing, wait, maybe get eviction, serve that notice, wait again. This video is not the real world.

[@wc4109]

Sorry bud, he just said it can be done… Tenant can be evicted before closing. He said Tenant received the eviction notice from the Board…

[@mannyanagnostakis444]

@@wc4109 Unfortunately that's not real world...I just went through it with seller clients....and have spoken to and dealt with other realtors that went through major ordeals with this scenario, even after taking all the steps required. It can be a seamless straight forward process or a long drawn out process, depends on both the tenant/landlord willingness or unwillingness

[@FrankSchultz-r2g]

GLORY!!!'m favoured, $140K every 3weeks! And am retired i can now give back to the locals in my community and also support God's work and the church. God bless America 🇺🇸 ❤️

[@HudsonH.Anthony]

Hello, how do you achieve such biweekly returns? As a single parent i haven't been able to get my own house due to financial struggles, but my faith in God remains strong.

[@LeaWagner-p6t]

Excuse me for real?,how is that possible I have struggling financially, how was that possible?

[@FrankSchultz-r2g]

Thanks to my co-worker whom God used to give a great opportunity of crossing paths with 'Mrs ELIZABETH ANN LARSON'.

[@MaryGriffin-sg7ho]

YES!!! That's exactly her name (Elizabeth Ann Larson) so many people have recommended highly about her and am just starting with her 😊 from Brisbane Australia🇦🇺

[@MrJfrostGoodluck1]

I have heard a lot of wonderful things about Elizabeth Ann on the news but didn't believe it until now. I'm definitely trying her out

[@CallumMoorekw]

Great work. I know these are very rare situations but how you handle them with bad acting tenants is very professional. I hope you don't have too many more of these. 👍

[@BobSmith-bw6so]

Thanks condo Wong Today's content was useful Investors face a variety of challenges with the many rules and regulations

[@andrewmccoll1582]

@condowong do you think Tenanted units are a big reason why some very similar condos in the same building sell for so much less? I'm talking from variance between $550k to $640k for almost the exact same unit. Perhaps the low priced ones are tenanted and can't become owner occupied.

[@jassy583]

Hey Wong what's happening to the condo market in GTA?

[@cindybrown9898]

if u dont want tenants to pay your mortgage then dont do it. stop stereotyping. plenty of homeowners live in filth

[@yazitechdesk]

learn from Dubai and solve your issues

[@GITSSAC]

What do they do in Dubai?

[@gregfraser2763]

The question is who is protecting the poor tenants? People maybe we have an obligation to love and protect all people even tenants. You speak of tenants as thought they are not human beings with families. As agents we don't like being judged - so we have an obligation to help the less fortunate and not just focus on greed!

[@GITSSAC]

"Who is protecting tenants?" LOL everything is being done to protect them. You're clueless about this topic if you're asking such a ridiculous question.

[@realtyoak]

@@GITSSACGreedy bastard

[@daborahgermanstavolkmunte]

!!I am at the beginning of my "investment journey", planning to put 185K into dividend stocks so that I will be making up to 30% per year in dividend returns. any good stock recommendation on great performing stocks will be appreciated..

[@SandrineKouassir]

As a newbie investor, it’s essential for you to have a mentor to keep you accountable. Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

[@SonyaYeva]

I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market.

[@SandrineKouassir]

I don't really blame people who panic. Lack of information can be a big hurdle. I've been making more than $200k passively by just investing through an advisor, and I don't have to do much work.. Inflation or no inflation, my finances remain secure. So I really don't blame people who panic.

[@SonyaYeva]

Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience..

[@daborahgermanstavolkmunte]

how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking??

[@Ygg-d2d]

First

[@devilious123]

Quality of immigrants matters, not human garbage