April 2008

What are Real Estate Investors buying in Kitchener Waterloo ?

The age old question: What to buy ?

It applies to real estate as much as anything else. Once you’ve decided to invest in real estate, you need to figure out what sort of properties you’re going to acquire. />

Some of my clients buy houses, student rentals, apartment buildings etc., but recently more and more of my clients have been investment in condominiums in Kitchener Waterloo, Ontario.

Several of my clients have just bought rental units in a brand new condo complex, well located near major amenities and the expressway.

These units are priced at $168,900 and offer a chance to invest in a “roomy 3 bedroom condo with a large 4 piece bath, with an open concept living room, and eat in kitchen with ceramic floor and brand new appliances.

In-suite laundry in a spacious utility room is included for your tenants convenience.” (Thanks for the write up Darryl)

Curious about the rental rates in this area of Kitchener? The market rent for these units is $1200/mo + utilities, which is providing my clients a comfortable level of cash flow, depending on their initial investment (down payment) and mortgage financing terms (mainly interest rate & amortization), and great prospects for appreciation.

Most of the complex has been bought by people moving into the condo’s to live, and the Stanley Park neighbourhood of Kitchener is very desirable. The condo complex is walking distance to Tim Horton’s, Sobey’s, McDonald’s, the LCBO, Banks, and other retailers.

If you are interested in how your cash flow would look if you invested in one of these rental condos, email me and we’ll look at your situation and analyze the property together.

These units are going quickly – contact me today if you are finally ready to take advantage of an opportunity to build wealth.

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Kitchener Waterloo’s Favourite Real Estate Agent** wants to show you how Real Estate Investing can make you wealthy. Benjamin works with people from all across Ontario and Canada – and recently, the world! – helping them build wealth through smart real estate investments.

Benjamin is a Sales Representative with Keller Williams Golden Triangle Realty in Kitchener Waterloo and would love to answer any questions about buying, selling and owning a rental, income or investment property.

You can reach Benjamin at Benjamin(AT)BenjaminBach.com or call him at 519 570 4447

**Gold Award, Kitchener Waterloo Record Readers Select Awards 2007 – 2008

Looking for a beautiful apartment condo to rent in Kitchener Waterloo?

Lucky for you, my clients have three beautiful homes for you.  All three are centrally located near all amenities, and are brand new.  There are three different models available – including a 1 level bungalow, and a 2 level, 2 bathroom model.  Some units include a second parking spot as well.

"Enjoy this brand new, never lived in Executive Condo. Quiet, yet close to schools, shopping, parks, and the bus route. Easy access to Stanley Park Mall and Hwy 7/8 and within walking distance to Tim Horton’s, Sobey’s, McDonald’s and lots of other stores.

 

Enjoy the comfort of this roomy 3 bedroom condo with a large 4 piece bath, and relax after a long day in your open concept living room. In-suite laundry in a spacious utility room is included for your convenience. Controlled entry is provided into the building for your piece of mind.

The condo is furnished with a brand new Fridge, Stove, Washer, Dryer and Dishwasher and has Central Air for those hot summer nights."

 

These condominiums are the nicest rental units I have seen this year – brand new, never lived in before.  Lots of windows.  Rent is between $1200-$1275, depending on which unit and number of parking spots.

If you’ve seen other units, contact me now to see these units.  You’ll love them.

 

Do you have an apartment for rent you’d like to see advertised here ?  Contact Benjamin and we’ll feature your rental unit on our site.

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Kitchener Waterloo’s Favourite Real Estate Agent** wants to show you how Real Estate Investing can make you wealthy. Benjamin works with people from all across Ontario and Canada – and recently, the world! – helping them build wealth through smart real estate investments.

Benjamin is a Sales Representative with Keller Williams Golden Triangle Realty in Kitchener Waterloo and would love to answer any questions about buying, selling and owning a rental, income or investment property.

You can reach Benjamin at Benjamin(AT)BenjaminBach.com or call him at 519 570 4447

**Gold Award, Kitchener Waterloo Record Readers Select Awards 2007 – 2008

Real Estate Investing 101: Cash Flow or Equity Growth ?

Today’s question comes to us from a rookie real estate investor, just beginning to acquire real estate investment opportunities in the Kitchener Waterloo area:

"Should I focus on Cash Flow or Equity Growth when I start to invest in real estate?"

 

Great question.  Click play to watch the answer

 

Are you focusing on equity growth, or monthly, pre-tax cash flow?  What has been successful for you ? 

Share your answers below in the comment section!

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Do you have a question about real estate investing that you’d like Benjamin to answer ?  Is there something you need some clarity on’?  Don’t know what a NOI or GRM is, or whether or not it’s applicable ?

Send all your questions to Benjamin @ BenjaminBach.com and they’ll be answered right here in an upcoming episode of Real Estate Investing 101

 

Kitchener Waterloo’s Favourite Real Estate Agent** wants to show you how Real Estate Investing can make you wealthy. Benjamin works with people from all across Ontario and Canada – and recently, the world! – helping them build wealth through smart real estate investments.

Benjamin is a Sales Representative with Keller Williams Golden Triangle Realty in Kitchener Waterloo and would love to answer any questions about buying, selling and owning a rental, income or investment property.

You can reach Benjamin at Benjamin(AT)BenjaminBach.com or call him at 519 570 4447

**Gold Award, Kitchener Waterloo Record Readers Select Awards 2007 – 2008

Learn how to be a Millionaire in only an hour (and a half)

Seriously!  It may take a bit longer to make your first million, but on Thursday April 17 I am sharing systems and models that Millionaire Real Estate Investors have used for generations to build true financial wealth. 

You will start down the path of being a Millionaire.

In this 90 minute interactive workshop, we’ll be looking at:

• How to get started investing in residential real estate
• Why so many people from across Canada are focused on the Kitchener Waterloo area as the #1 place they want to invest their money
• Whether you want to invest for Cash Flow or Equity Growth initially
• and where to find the professionals you need in your network and on your Wealth Dream Team

The workshop is FREE with registration (click here to register). 

 

Anyone can do it, not everyone will. Will You?

WHEN: Thursday April 17th, 7:00-8:30pm

WHERE: Keller Williams offices, 871 Victoria Street North, Kitchener Ontario. (click for map)

 

 

Kitchener Waterloo’s Favourite Real Estate Agent** wants to show you how Real Estate Investing can make you wealthy. Benjamin works with people from across Ontario, Canada (and recently, the world!) helping them build wealth through smart real estate investments.

Benjamin is a Sales Representative with Keller Williams Golden Triangle Realty in Kitchener Waterloo and would love to answer any questions about buying, selling and owning a rental, income or investment property.

You can reach Benjamin at Benjamin(AT)BenjaminBach.com or call him at 519 570 4447

**Gold Award, Kitchener Waterloo Record Readers Select Awards 2007 – 2008