Ontario Real Estate Case Study – Looking Back to Predict/ Forecast What Will Happen in 2020

Ontario Real Estate Case Study – Looking Back to Predict/ Forecast What Will Happen in 2020

Ontario real estate is on fire. Prices are rapidly appreciating, creating similar market conditions to what was experienced by south Ontarian's in 2017. In this video I am going to show an example of someone who bought a property at the height of the real estate market in 2017. We are going to see where would they be at today in terms of property value and equity. The numbers and examples that I will be using will be for real estate located in Barrie, ON, as that is where I am located, but, this would be somewhat similar for real estate markets across southern, central Ontario. Ok, let's get right into it. I am going to show two examples and they both will be fictitious for privacy reasons. Example 1…
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Ontario Landlords – Can We Now Enforce an Eviction in Ontario?

Ontario Landlords – Can We Now Enforce an Eviction in Ontario?

The End of the Eviction Restriction in Ontario, August 1st, 2020. On July 6, the Superior Court of Justice order that had suspended all residential evictions was amended. It now states that the suspension will end at the end of July, 2020, in which the state of emergency is terminated. What that means for Ontario landlords is this: The sheriff will be back in business enforcing all of those eviction orders that landlords have not been able to act on for months. The Landlord and Tenant Board has also announced that they will gradually be expanding services starting August 1st, 2020. All those pending eviction orders will start to be issued! Finally!Eviction orders which are based on landlords and tenants settling their dispute through an agreement will be issuedUrgent Eviction…
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How To Find & Pick Quality Prospective Tenants For Your Rental Property [Step x Step Guide]

How To Find & Pick Quality Prospective Tenants For Your Rental Property [Step x Step Guide]

In this video I discuss the 7 step process we use to rent out, find and pick the best quality tenants. This step by step guide is great for beginners and experienced landlords. I show you tips for taking quality pictures and video, how to write your ad copy to maximize your rental advertisement. How to set up and coordinate rental property showings. What to do after you have shown prospective renters/tenants the apartment/house. Tips for how to properly screen tenants, do not skip that step! Then the process we use to approve the best tenants, including step by step right to handing the tenants the keys. This is the complete guide to renting your investment property. Watch the video or read the blog post below. Whether renting out your…
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City of Barrie, Ontario Real Estate Housing Trends by Neighbourhoods – June 2020

City of Barrie, Ontario Real Estate Housing Trends by Neighbourhoods – June 2020

Bet You Cannot Pick The Most Popular Neighbourhood in Barrie.... In this video we are going to look at the city of Barrie real estate housing market and break down the city into neighbourhoods to see if we can distinguish any current sales trends. The Barrie housing market is experiencing an interesting time having come out from isolation (March, April 2020) due to the effects of Covid-19. Currently, as of June 2020, Barrie housing inventory/ supply is low and the demand is very high. This is causing sales prices to appreciate very rapidly. This video covers four statistical metrics to see which Barrie neighbourhoods are hot, which are normal and which, if any, are not as popular. Barrie neighbourhoods include: East EndNorth EastCity CentreSunnidaleWestLakeshoreArdaghAllandalePainswickInnishoreHollySouth I bet that you cannot guess…
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5 Reasons Why I Would Not Buy A House In The Barrie Area Right Now, Unless….

5 Reasons Why I Would Not Buy A House In The Barrie Area Right Now, Unless….

It's May, we are still amongst a health pandemic that has sent our economy into a state of shock. I mean, there is no other way to describe it - shock. I keep asking myself, how many people is this going to affect? Unemployment figures for the month of April were just released from Stats Canada and they are staggering. 13% unemployment. Check out the chart I created below showing the different industries’ unemployment figures. The question now becomes, how many of those currently unemployed will get hired back once the economy picks up? Nobody knows because this has dramatically changed how we live. This lockdown has been long enough to form habits. I remember reading "The One Thing" by Gary Keller. That is a great book by the way,…
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For Sale: Registered Duplex – 27 Daphne Cres

For Sale: Registered Duplex – 27 Daphne Cres

27 Daphne Cres is a registered duplex in the north end of Barrie. Amazing location! Sandwiched right between Bayfield St and North Barrie Crossing (the new shopping centre off Cundles Rd E). Easy access to so many amenities, be it for your renters or for yourself. This is a premium lot. The best way to exemplify this, is if you were looking at a site plan of all the lots in this subdivision, this would be sought after due to the size of the backyard. The huge backyard has access to Ferris Lane, where there is a public transit stop. The house has two apartments. Upper Apartment – 4 Beds, 1.5 Baths Lower Apartment – 1 Bed, 1 Bath The upstairs 4 bedroom, 1 full washroom and 1 half washroom…
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Why You Shouldn’t Neglect Your HVAC Systems

Why You Shouldn’t Neglect Your HVAC Systems

Owning a home, for the majority of Canadians, is the largest investment an individual will make in their lifetime, whether it is a primary residence or as a source of income. Regardless, a home is a sophisticate structure that shelters us from the elements and provides spaces to bathe, cook and entertain ourselves. To enjoy these day-to-day amenities our home relies on major systems and appliances, such as plumbing, electrical and HVAC to name a few. The HVAC system is the most expensive appliance we rely on for our daily comfort. An HVAC system consists of some critical parts, such as, the furnace, a/c unit, supply & return plenums and air filtration. If there is a deficiency with any of these parts one can expect to experience a negative impact…
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How Much Profit Did We Make?

How Much Profit Did We Make?

How Much Profit Did We Make? Townhouse Fix and Flip - Episode Three Hi everyone, welcome back to episode number 3 of this three part series where we are looking at a townhouse fix and flip that we did in Barrie, ON. So let's jump right in and see how we did. So these are the three things that we are going to cover in this episode, the before, the budget and the profit. Lets start with the before, just want to get in here and give you guys a quick idea of what it looked like before if you want to see the full episode, the link is down below in the show notes, you will see the link for episodes one and two. But number one will show…
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What’s The Deal With Pet’s?

What’s The Deal With Pet’s?

What's The Deal With Pet's? There is a sheepdog sized misconception about pets and renting in Ontario. Let’s see if we can groom out the details and clarify the terms surrounding fluffy and snowball and your rights as a landlord. To begin, separate your timeline into “before the lease is signed”, and “after the lease is signed”. The lease is the key here. Before a lease is signed, you, as a landlord, are within the law to refuse to rent your property to a particular applicant based on the fact that they have a pet. This is because having a pet is not a protected status under the Human Rights Code. (service animals are a different breed, if you will) The Human Rights Code states that 1. Every person has…
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Townhouse Fix & Flip: Episode Two – After

Townhouse Fix & Flip: Episode Two – After

Townhouse Fix & Flip: Episode Two - After Well here it is, episode two of the fix and flip series featuring a townhouse in Barrie, Ontario, Canada. This project took some time, more than anticipated but now that it's done and completed, I have to admit, I am really happy and proud for how it turned out. Next steps are to list and sell, which will be documented and shared in a future video. If you have a question or would like to reach out and contact me direct, you can send me a private email to jeff@jeffgilbert.ca. Thank you for watching, see you all on the next video. Jeff
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