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Recent content by Yev

  1. Yev

    Kitchener Property Managment - warning!

    I use Roxane from Ssuite property managment: www.ssuite.ca and am very happy with her. Good luck. Yevgeni
  2. Yev

    eviction help in KW

    Follow Adam`s advise. Look up a paralegal on www.wrama.com and get help. Unless you have all of your info and timing right - you will end up with these tenants staying longer than you wish and not paying rent... and destroying your property... How did you get these tenants? They sound like the...
  3. Yev

    Another way to gauge prices

    An interesting article in Yahoo Finance about US house prices. While this is the US, I believe that the metric should apply to Canadian markets/prices as well. What do you think? To gauge house prices
  4. Yev

    HOUSING PREDICTIONS FOR NEXT 2-3 YEARS

    QUOTE (gwasser @ Jan 23 2010, 09:44 PM) Do you care to share why you think oil will fall as low as $60? Just curious. ...because it still looks like bubble territory. http://www.wtrg.com/oil_graphs/oilprice1947.gif
  5. Yev

    All We`ve Seen is the Tip of the Economic Iceberg

    Bump. Any new opinions on this topic? Yevgeni
  6. Yev

    Bachelors Great Location VS. 1-bedrooms in Average Location?

    If the city is Hamilton - be particularly careful of bachelors, and of the PROFORMA (I completely agree with Adam). However, if the bachelors are the only `affordable` option (for example on the West side of Vancouver) vs. 1bedrooms "in the same city" (ie East Vancouver) - then there is no...
  7. Yev

    Future interest rates

    ... the above article
  8. Yev

    HELOC RATE INCREASE

    Banks (whether TD, RBC, Scotia, or any other) will ONLY `bend` when you are either wanting to move your `business` to them, or when you threaten to take your business away. If you have history with the bank, significant investments, good credit rating etc. you CAN negotiate what the increase on...
  9. Yev

    Is the Canadian Housing Market Overvalued ?

    QUOTE (ThomasBeyer @ Jan 1 2010, 08:01 PM) not quite .. Canada has TWO HUGE HUGE advantages over Japan allowing higher home prices / home price growth: a) INmigration .. thus continued GDP growth and more housing / rental demand Canadian census is approaching 34M people. Annual rates of...
  10. Yev

    Is the Canadian Housing Market Overvalued ?

    ... Just because something is overvalued, or undervalued does not mean that it can`t become more significantly over/under valued I draw your attention to Figure 2 in that publication that looks at Historical Price to Rent ratios for various countries. If I am reading this correctly, Canada...
  11. Yev

    Economic Predictions 2010

    Since these are harmless predictions... Oil goes to 120 (sooner than Thomas expects) - this causes US (and World) economy to stall again with significant drops in the stock markets, possibly re-testing the March 2009 lows. In Real Estate - the spread between buyers and sellers expectations...
  12. Yev

    Investment Proposal/Analyzer Software

    Landlord Cash Flow Analyzer Not free, but very good. Yevgeni
  13. Yev

    Paying the down payment with an incorporated company

    Have you considered another option... How about incorporating another company (call it HoldCo.) and then you can transfer money between your two companies tax free. You own the shares of both companies (or you and your wife) and you buy the properties inside your new HoldCo. This lets you use...
  14. Yev

    Calgary affordability graph

    I agree - good point! However, just because it is cheap does not mean that it can`t get cheaper ...
  15. Yev

    Capital Cost Allowance

    Don`t forget that government can change the rules on us in `mid-flight` and that these changes can be either for the worse or for the better. For example, if the PC party does stand up to its election promise and bring in the US equivalent of the 1031 exchange, than this may become a moot point...
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