Davelle Morrison

- What are the details to make sure are working in the house? - Why is painting the house in bright colours very important? - Declutter, declutter, declutter - My experiences with staging - Why is the placement of the TV so important? - Why the neighbours heavily impact the resale value

Guest Speaker: Ben Sammut, Mortgage Broker with Mortgage Architects This episode is about the new mortgage rules and how homeowners who have no interest in buying or selling their home can help those looking to purchase a home. • What is the new stress test is and how it will affect people? • How will it affect self-employed people? • Where else can people look if they get turned away from the banks? • If you have a lot of equity in your home and have no plans to buy or sell for awhile, what can you do? • Is that a secure investment? • How does an investor get matched with someone who needs money? • How does private investing work? • What kind of return can someone expect on their money?

On this special episode of the Morrison Report podcast, I talk about the mortgage rules and what they'll mean for everybody. - The details of the new rules - Whom these new mortgage rules will affect - What is a 'Stress Test'? - Who will be affected by the 'Stress Test'? - What does it mean for a home buyer's affordability?

Guest Speaker: Susan White Livermore, Real estate investor in Barrie, Ontario • How Susan came to be a real estate investor • What is compelling about Barrie and why does she think that people should invest there? • What kinds of properties are available for people to invest in? • What is the range of pricing? • What kinds of rules or regulations exist for investors, such as student housing? • How is the vacation rental market there? Do people use AirBNB? • What demographic of people are generally in Barrie? • What improvements are coming down the road there? • The other areas Susan invests in • How does she structure her real estate investments when she brings on partners? What kinds of agreements does she have in place? What if someone wants out? • Her shift in investment strategies

Guest Speaker: Mark Purdy, Rental Rebate Tax Consultant - What has Mark been up to? - How Mark got started in this business - How you can get your HST back on new construction - How many claims on delays on new construction does Mark see? - What most people don't know about claims on construction - The fine line between closing and occupancy time for when to make a claim - What lawyers don't know and won't tell you - What happens when there are delays because of reasons that the builder cannot control?

Joining us today is Aziz Sidi, recently purchased an investment property in Prince Edward County. Thanks so much for joining us, Aziz. Welcome. • Can you tell our listeners about your real estate & real estate investing experience? And was this your first investment property? • How did you hear of Prince Edward County? • Why did you choose to invest there? • Do you think other investors should consider Prince Edward County? • How long did it take you to make a purchase in the County? • Can you tell us a little about the property that you purchased and how did you know when you had found the right property? • Why did you decide to purchase a place in town vs on the water or in the country? • How much did it cost? • What renovations did you have to do to get it to your standards? • How much did you have to spend on your renovations & furnishings? • Where did you place ads to start renting it out? • Did you promote your places anywhere else? • How long did it take to get your first booking? • How is it

Guest Speaker: IJ Schecter, one of my clients I recently helped IJ purchase a condo for his family. • Why did you decide to purchase a condo? • After you decided to wanted to purchase place, how did you decide to select an agent? • IJ, there are a lot of agents to choose from, why did you select me over all the other agents that you could have listed with? • What kind of place were you looking for? • Did you find that your expectations of what you wanted changed over time? • How did you feel about the length of time it took to find you a place? • What was the biggest surprise you had in purchasing a condo? • What do you think I did as an agent that was must helpful in the sales process? • How did you feel during the offer process? • How did you feel when got the condo you wanted? • How do you feel now that you have been living in your new place for a couple months? • How do your kids like the space? • What advice do you have for our listeners who are thinking of buying or selling?

Guest Speaker: Sean Galbraith, Principle and Owner of Galbraith & Associates • What is an urban planner and what does his company do? • Why do developers need to work with a professional like Sean? • What’s involved in putting together a development application? • How long does it usually take for a developer to put together and then build a project? • What is the OMB (Ontario Municipal Board)? • What changes are about to happen to the OMB and how Sean feels about them • What is the yellow belt? • How Sean feels about the City of Toronto making use of the available land we have. Is there too much or not enough density? • The impact of adding more density to our city • What Sean thinks we should be doing to create more affordable housing • Does Sean rent or own? what part of the city does he live in?

Guest Speaker: April Stewart, Owner of Landlord Legal which provides Professional Services for Landlords • Why landlords need an advocate • When landlords tend to call on April's services • Why some of her clients are trying to evict their tenants • When a sheriff should get involved in an eviction • Does she ever run into professional tenants and who qualifies as a professional tenant? • What April thinks about the new rent control rules that state that a landlord must pay the tenant one month’s rent if they want to move into their own place • What she has to say to tenants who feel that landlords have too many rights • Cases she has had to defend landlords in • April's suggestions on how the Landlord & Tenant Board could be fixed to be more neutral to both landlords and tenants

Guest Speaker: Jean-Paul Bedard; Him and his wife are sharing a house with another couple. As housing prices climb in the city many people really have to get creative as to how they can own a home in the city and Shared Ownership is a great option. • How the Shared Ownership arrangement came about • Was it difficult to get everyone on board with the idea? • How they handled the finances and who they put on title • Did they put together any kind of formal agreement for living together? How has it worked out? • How they divided the snow-shovelling and exterior home maintenance • How they decided on which part of the house each couple would live in • Did it take them a long time to find a place? • Were any renovations required? • Do they have life insurance on each other? • What kinds of contingencies do they have in place if one couple wants out or divorces? • How much longer they'll continue with this arrangement • Do they see shared ownership as a stepping stone to eventually owning a home or c

Guest Speaker: Oliver Dang, Him and his family share a house with another couple. As housing prices climb in the city many people really have to get creative as to how they can own a home in the city and Shared Ownership is a great option. • Was it difficult to get everyone on board with the idea? • How they handled the finances and who they put on title • Did they put together any kind of formal agreement for living together? • How has it worked out? • How do they divide the snow-shovelling and exterior home maintenance? • How did they decide which part of the house each couple would live in? • Did it take them a long time to find a place? • Were any renovations required? • Do they have life insurance on each other? • What kinds of contingencies do they have in place if one couple wants out or divorces? • How much longer will continue with this arrangement? • Is shared ownership a stepping stone to eventually owning the home or condo? • What was their biggest fear about shared ownership? •

Guest Speaker: John Groe, Managing Partner at Accessible Daily Living • Why people should engage in John's services • Things he does to people’s homes to make them accessible • The simple things people can do to make their homes more accessible • The services he provides to people through this process • Is this expensive? What are the price ranges for modifying homes? • Why contact a contractor/consultant like John as opposed to a regular general contractor • John's specific credentials • How people finance these changes

Guest Speaker: Ellen Nightingale, Family Law Lawyer • If Ellen had a friend who owns their home, what advice would she give them if their partner was thinking of moving in with them? • The differences when it comes to property rights if someone is married vs in a common law relationship • Does having kids or step kids change any of these dynamics? • Does this all apply to same sex partnerships? Spousal and child support? • What a pre-nuptial agreement should contain • Are these documents full-proof to protect you? In what circumstances might the agreement be nullified?

Chris Spoke, Co-Founder of Housing Matters, joins us this week on the Morrison Report. Housing Matters is a community of urbanists, activists, and others working towards a growing dynamic and affordable Toronto. This episode dives into the Housing Matters initiative, 'Yes In My Backyard' (YIMBY), a departure from the 'Not In My Backyard' (NIMBY) movement. • Why Chris felt the need to start Housing Matters • How the 'Not in My Backyard' (NIMBY) movement affects Chris • Is NIMBY only a concern for millennials? • The reception of the Housing Matters organization • How large of a movement Chris feels they have • Do YIMBY groups exist elsewhere in North America? Do they have any connection to those groups? • What Chris has to say to those critics who feel that millennials should stop spending their money on Starbucks and Avocado Toast • What Chris would you like to see the leaders of our city do to increase the supply of housing • Can the millennials get the support of their boomer parents on this to im

Guest Speaker: Mark Purdy, Rental Rebate Tax Consultant • Mark's background and how he got started in this business • Once a pre-construction condo has been purchased, who pays the HST and how to avoid paying it? • Do international buyers qualify for the rebate? • Details about the 15% foreign buyer’s tax • Does it matter whether it’s the principal residence or a rental property? • Is HST owed on a resale condo? • How does HST work in a new-build home with a Tarion warranty? • What can Mark do for us on the HST front if renovations have been done? • What’s involved in filing for an HST rebate?

Guest Speaker: Darcia Armstrong, one of my clients I recently helped Darcia and her husband sell their condo and find a rental. •Why Darcia and her husband decided to sell their condo •How Darcia decided to select an agent after selling her condo •Why she selected Davelle over all the other agents with whom she could've listed with •How she you felt about her condo taking some time to sell and how she remained positive •The biggest surprise she had in selling her condo •What she thinks Davelle did as an agent that was must helpful in the sales process •What she was looking for when it came to finding her new rental •What she thought about looking for a new place •How she felt during the offer process •How she felt when she got the condo she wanted •How she feels now that she has been living in her new place for a few months •The advice she has for our listeners who are thinking of buying or selling

Guest Speaker: Katherine Gross, one of my clients I recently helped Katherine sell her condo and buy another one. • After she decided to sell you condo, how did she decide to select an agent? • Why Katherine selected me over all the other agents that she could have listed with • Her condo sold very quickly, then deal fell through. It that happened a second time until it finally sold. How did she feel when that happened? How did she remain calm? • Her biggest surprise while selling her condo • What she thinks I did as an agent that was most helpful in the sales process • The biggest challenge or surprise in the sales process • What she was looking for when it came to buying your new condo • How did she find it was when we were looking for a new place? • How did she feel during the offer process? • When we lost out on our first offer, how did she feel then? • When we continued to look for a place, was she still thinking about the condo that we didn’t get? • We almost put in an offer on another place too,

Part 2 of Shared Ownership is from a legal point of view. As housing prices in Toronto climb, we have to find creative solutions to home ownership. I’m a big advocate of friends buying houses together. • Recommendations for people contemplating on sharing a property with a friend, a stranger, anyone really. • Should they write those goals on paper together? • Should they have a legal agreement between them? • Do they each need to have their own lawyer go through the agreement? • They always say that you should prepare for your divorce before you get married as the rationale for pre-nup agreements so how would you suggest people considering a shared ownership relationship prepare for what might happen if one partner wants out? • How long would it take to put together an agreement like this? • The cost of an agreement like this • What other items do you think should be part of a shared ownership agreement? • What if one of the owners is a first time home buyer? How does this affect their ability to use the fir

Guest Speaker: Ben Sammut, Mortgage Broker with Mortgage Gate This episode is about Shared Ownership from the mortgage broker’s point of view. As housing prices in Toronto climb, we have to find creative solutions to home ownership. I’m a big advocate of friends buying houses together. • Recommendations for people contemplating on sharing a property with a friend, a stranger, or anyone else • The benefits to combining incomes on paper • Do the parties have to share their intimate financials with each other? • What if one party loses their job? Or becomes ill, how does the mortgage get paid? • What if one of the partners wants out of the ownership? • The structure of mortgage payments if the partners aren’t equal • How would it work if one partner has more money than another partner? • How much would the 2 parties have to put down as a downpayment if the house was less than $1 million? What about over $1 million? • Purchasing a duplex with a legal basement apartment • What happens if that basement apartment

Guest Speakers: Sam Simone & Monica Klingenberg, Sales Representatives with Chestnut Park Real Estate Limited, Brokerage in Prince Edward County, Ontario. • Where is Picton, Prince Edward County area? • The areas that make up Prince Edward County • What’s compelling about the area and why people should purchase or visit Prince Edward County • The reasons Sam and Monica moved there • Buying in Prince Edward County: A good investment? • What about for downsizers or people looking for a vacation property? • How is the vacation rental market there? Do people use AirBNB? • The difference in purchasing a place in town vs on the water • The price ranges in the County • The lifestyle in Prince Edward County • The demographics of people in Prince Edward County • The improvements coming down the road there • The areas that are better buys or places where there will be a lot demand