June 2007
Top 10 Reasons to Invest in Kitchener Waterloo Real Estate!
June 28, 2007 by Benjamin Bach · 2 Comments
Top 10 Reasons to Invest in Kitchener Waterloo Real Estate
1. Low Interest Rates – currently we have very low interest rates – although there is a slight upward trend right now – which makes NOW a great time to invest.
2. Great prices – In the past month, I’ve helped clients buy investment properties for $118000, $120500, and $106000. These properties are in great condition – they were built in the very early 1990s and don’t suffer from outdated wiring or mold issues like you may find in an older building – in prime locations, draw quality tenants and have nice income (renting for between $850-900/mo). They also appreciate at a nice rate – the Kitchener Waterloo condominium market has appreciated 8% 7.1% in the past 12 months. I believe in the product so much I just bought one of these units myself !
3. Stable Economy – Kitchener Waterloo is a market supported by strong fundamentals – world class high tech companies, universities and NGOs; a strong manufacturing sector; proximity to Toronto and the United States; an international airport; continued job growth etc.
4. Growth – Kitchener Waterloo is growing at a rapid rate. If you haven’t been here in a few years, just drive down King St! There are mulitple mega million dollar developments that are underway or have been completed recently – Kaufman Lofts, the new McMaster medical school and University of Waterloo Pharmacy school, the new City hall, the Kitchener Market, Market lofts; LOTS of development in the university areas as well.
5. Rental Rates – the Kitchener Waterloo, Ontario rental market has favourable rental rates to generate cash flow. e.g.: a $120k 2 bedroom condominium in nice shape rents for $850-1000/mo.
6. Property Management – all of our clients have access to world class property management for a very reasonable rate. Contact me for more details !
7. Look at your neighbours – Major companies and organizations call the Technology Triangle home including RIM (makers of the blackberry), Toyota, OpenText, Manulife, Sunlife, the Perimetere Institute, the Centre for International Governance Innovation, and a host of world class local companies.
8. Great People – Kitchener Waterloo is the MOST INTELLIGENT COMMUNITY IN THE WORLD. Take that Toronto 
9. Top Area to Invest – The Real Estate Investment Network named Kitchener Waterloo & Cambridge (”the Technology Triangle”) the #1 city to invest in Ontario.
10. Killer Resource – You have found a Wealth Building Consulting team that is focused on building your wealth!
Call or email today for a free, no obligation 30 minute Real Estate Investment consultation!
Benjamin Bach is a Sales Representative with Keller Williams Golden Triangle Realty in Kitchener Waterloo. Benjamin loves helping people find exciting investment opportunities in the Kitchener Waterloo Real Estate market. Benjamin wakes up each morning excited to fulfil his mission of building wealth for great lives through comprehensive Real Estate investment planning, and helping people achieve success.
If you are interested in how you can start your Real Estate Investment portfolio, have any questions about buying or selling a rental, income or investment property in the Waterloo Region, or are looking for a tip on a great book to read, please email Benjamin at (benjamin(AT)benjaminbach.com) or call him at 519 570 4447.
The Power of One in Real Estate Investing
June 18, 2007 by Benjamin Bach · Leave a Comment
This past week I had the pleasure of spending two days learning with internationally acclaimed speaker (showman?) and Keller Williams University faculty member Rick Barnes. Among the many things Rick taught me was The Power of One.
The Power of One is the Pareto Principle (or the 80/20 rule) taken to the extreme. Instead of 20% of your activities generating 80% of your results, there is The One thing that is responsible for the overwhelming majority of your success.
Take care of The One and the rest falls into place.
In almost every business, that One is lead generation. In Real Estate, if you spend three hours a day generating leads, you will have an abundance of business.
When you’re a real estate investor, it is the same. Lead Generation – finding properties that match your criteria – is the name of the game. If you have a system in place (advertising in the paper, meeting investors, calling ‘for rent’ signs, working with an investment Realtor and lender) that ensures properties are flowing into your inbox every week, you will always have great investment opportunities to choose from while others search mls.com….
There are some great investment properties available in Kitchener Waterloo right now. Do you know about them? If you’d like to, give me a call or send me an email. I would love to be a part of your Wealth Building team.
Benjamin Bach is a Sales Representative with Keller Williams Golden Triangle Realty in Kitchener Waterloo. Benjamin loves finding exciting investment opportunities for his clients. Benjamin wakes up each morning excited to fulfil his mission of building wealth for great lives through comprehensive Real Estate investment planning, and helping people achieve success.
If you are interested in how you can start your Real Estate Investment portfolio, have any questions about buying or selling an income or investment property in the Waterloo Region, or are looking for a tip on what to do around town, please email Benjamin (benjamin(AT)benjaminbach.com) or call him at 519 570 4447.
When Investing in Real Estate, Build Your Wealth Team First
June 17, 2007 by Benjamin Bach · 3 Comments
To be successful, you should surround yourself with people who know more than you do. This age old maxim applies to real estate investing.
No matter how business savy you may be, it is unlikely that you know the ins and outs of the local Kitchener Waterloo real estate market, investment financing and commercial mortgages, building and fire code by-laws, renovation co-ordination, property management and tenant relations better than a team of professionals who specialize in providing the highest possible level of work in their respective areas.
When I am working with investors from outside of Kitchener Waterloo, it is essential that I can introduce them to a team of professionals who can help them successfully invest in and close properties in the area. Whether it’s a mortgage broker, a flooring guy, a property manager, lawyer or an accountant, make sure you know who is on your team.
Without a team, you’ll be left scrambling to arrange everything and make sure the deals close and the work is done. Sometimes you can manage this when you’re making a local investment (although I don’t recommend it), but for all of my out of town investors reading this, it makes your life much simpler.
If you’d like to know more about my team of professionals that help out of town clients invest in income properties in Kitchener Waterloo, leave me a comment or send me an email !
If you’re from the Kitchener Waterloo area, don’t worry; I’ll help you too! Let’s meet up for coffee, and I’ll show you the wealth building possibilities available to you in real estate investing.
Benjamin Bach is a Sales Representative with Keller Williams Golden Triangle Realty in Kitchener Waterloo. Benjamin loves introducing people to the possibilities available to them in real estate investment. Benjamin wakes up each morning excited to fulfil his mission of building wealth for great lives through comprehensive Real Estate investment planning, and helping people achieve success.
If you are interested in how you can start your Real Estate Investment portfolio, have any questions about buying or selling an income or investment property in the Waterloo Region, or are looking for a tip on what to do around town, please email Benjamin (benjamin(AT)benjaminbach.com) or call him at 519 570 4447.
The Kitchener Waterloo Real Estate market is RED HOT
June 7, 2007 by Benjamin Bach · 1 Comment
WOW, what a month!
The Kitchener Waterloo Real Estate Board just released the official market stats for the month of may, and as I suspected, it was another record month for home sales
April 2007 was the first month ever, since computerized records were kept, that more than 700 homes (713 in all) and May smashed that record with 774 homes sold. Incidentally that is 20% more than sold in May 2006, also previously a record month.
As of the end of May, Kitchener Waterloo home sales are up 11% over the first five months of 2006, and total dollar volume of homes sold is up 24%
The hottest market segment right now, in terms of price increases, are condominiums, semi detached houses and townhouses. Their value has jumped by 7.1% relative to the end of May 2006. I can personally attest to the heat of the condo market, as Sarah and I are in the hunt for one right now; we put in a full price offer on one on Sunday to no avail. In stark contrast, the median price of detached homes is down 1.6%, and overall, the median price of all homes sold increased by 1.4%.
One of the main reasons sales are surging while prices remain constant is that there is an abundance of homes for sale – over 1900 listings hit the market in May. Supply and demand are well balanced, and it is a very healthy market.
For more information, you can email me on my blackberry (where I am writing this from) at 
Be Great,
Benjamin
Posted from my Blackberry
Benjamin Bach is a Sales Representative with Keller Williams Golden Triangle Realty in Kitchener Waterloo. Benjamin loves tracking the local market, and enjoys sharing market statistics with his clients – so they don’t have to rely on what they read in the media. Benjamin wakes up each morning excited to fulfil his mission of building wealth for great lives through comprehensive Real Estate investment planning, and helping people achieve success.
If you are interested in how you can start your Real Estate Investment portfolio, have any questions about buying or selling an income or investment property in the Waterloo Region, or are looking for a tip on what to do around town, please email Benjamin (benjamin(AT)benjaminbach.com) or call him at 519 570 4447.
I want to help You become wealthy. Call or Email me for a free Wealth Building Consultation and change your family's financial future today!
