Yada Group Inc.

Yada Group Inc. Building wealth by acquiring underutilized assets, audiences, and businesses

Bank of Canada Rate hike! 50bpsTell Sellers: YESTERDAY'S PRICE IS NOT TODAYs PRICE!Update from BMO for Commercial Multi-...
06/01/2022

Bank of Canada Rate hike! 50bps

Tell Sellers:

YESTERDAY'S PRICE IS NOT TODAYs PRICE!

Update from BMO for Commercial Multi-family

Now

1 year fixed – 5.26%

2 year fixed – 5.51%

3 year fixed – 5.70%

5 year fixed – 5.91%

Before announcement

1 year fixed – 5.05%



2 year fixed – 5.28%



3 year fixed – 5.49%

5 year fixed -. 5.67%

Market is changing. This should reflect in your underwriting. Good to stress test deals now at 6%. If you have the luxury to go CMHC on refinance or aquisition

I believe your looking between 3.5-4.5

Question is. Is variable still a good option?

I know BMO is prime + 1.50 so today sits at 5.2

We're still expecting another 25-50 basis points by end of the year.

Since we don't know tomorrow and you want to sleep at night I would lock in to a fixed right now and weather it out.

"everyone is a genius in a bull Market"

- Mark Cuban

We're heading into a season that will seperate real investors in this game.

There should be some considerable deals coming if this keeps up for next few years maybe even months.

🚨 Under Contract 🚨 57 unit portfolio in the growing town of Truro, Nova Scotia Purchase Price 4.4M with expected As is a...
03/19/2022

🚨 Under Contract 🚨

57 unit portfolio in the growing town of Truro, Nova Scotia

Purchase Price 4.4M with expected As is appraisal to come in over 5M

Lots of scenarios with this deal to get back initial investment as fast as 3-6 months

Portfolio consists of:

- Two 16 unit buildings (side by side)
- Three 4 plexes (side by side)
- Duplex
- 4 Plex
- two 4 plexes (side by side)

We're taking over Truro! Feel free to reach out if interested this will not last long. Investor package coming soon.

02/04/2022

Cost per Door vs Cost Per Room

I hear cost per door discussed alot and is a great measure to determine value in a area. I wanted to share quickly another fine tune method in determining valuation on a multi-family. Cost per Room.

In layman's terms. If you have 55 unit building with all 1 bedrooms @ 5.5M vs a 55 building with all 2 bedrooms @5..5M
Its the same price per unit but what building do you think will have a higher gross and net income?

Using price per room in determining comparables sales will get you step closer into knowing what you will get in value.
Its also good to cross check this with demand and in the area. Is there a higher demand for 1 bedrooms, 2, 3 etc.?

Usually 2 bedrooms are always in good demand because people can go into a unit together and 'rent hack' ,small families etc.
So when analyzing your multi family deal or development the unit mix is very important.

12/29/2021

Like to congratulate our partner on this great win last week!

Closed on this off-markrt 7 unit Portfolio in April 2021.

PP: 600
- 50k Cash Back
- 50k VTB (3% interest only 3 years)
550
Reno: 40k
(our reno was electrical and heat pumps, with minor cosmetic we got financed with Nova Scotia power for 7 years at 5% interest)
Expected ARV: 700k
Actual: 865k!

Gross income before 55k after 89k

Total Raise was 85k.

Refinanced 75LTV for 648
Paid off VTB
Passive partner received 85k back and splitting the difference.

Cashflow = 2k after expenses and budgets per month.

Its amazing to see the results especially when you know that God's hand is ready to bless those with the knowledge and drive to succeed.

11/23/2021

Looking for experienced carpenter who can do mudding, painting, lay vinyl floors, and bathroom tiling experience an asset. Consistent work.

Pay will be based on experience

Must have a vehicle and willing to Travel

11/23/2021

Looking for Live-in Super. This is a part time/On Call position.

Basic Skills required:
Plumbing
Minor electrical
Cleaning
Painting
Customer Service dealing with tenants
Computer proficient, programs like Word and Excel

Previous Experience is a Asset.

09/09/2021

Looking for Live-in Superintendent. This is a part time/On Call position.

Basic Skills required:
Plumbing
Minor electrical
Cleaning
Painting
Customer Service dealing with tenants
Computer proficient, programs like Word and Excel

Previous Experience is a Asset.

Address

Toronto, ON

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