Featured Post, Real Estate Investment
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.
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Along with building your wealth team, you should consider the marketing tools that go along with them. Real estate blogs are powerful marketing and selling forces because they allow a company or real estate investor to reach new audiences, build a loyal group of interested clients, have interactive communications with clients, and expand your marketing database. Thus, it is imperative that anyone working in real estate have either a website and/or a blog. Real Estate Blogs are the wave of the future and it is time for everyone to get onboard.
I’ll be short Ben — As usual, you hit the nail on the head.
We never bring clients into a new region until we’ve already vetted our local ‘team’. Seamless is the name of the game. Murphy still doesn’t ignore us, but we irritate him now as much as he does us.
Your clients are fortunate to have you as their advisor.