I just got this email from a client, who bought his first real estate investment property in 2008. He now owns 4 rental properties in Kitchener Waterloo, including student rentals, single family homes, and a future development site (currently rented). Hi Ben, I hope this message finds you and Sarah well and enjoying married life. [...]
Tag Archives | Real Estate Investing
New Mortgage Rules for Real Estate Investment in Canada
My wife and I are in the Carribean this week doing some research, so posting has been light. However, I want to pass along a few articles my friend Jeff Zabel, with Mortgage Alliance in Kitchener Waterloo emailed to me. They are about changes to the mortgage rules, and will affect real estate investors: This [...]
Property Management for KW investment property
A big part of our client base lives outside of Kitchener Waterloo – other parts of Ontario, Canada, and even people living in other countries. They are able to live where they love, but invest where the numbers make sense because they employ quality property management companies. Even a lot of our clients who live [...]
A profile of Eastbridge in Kitchener Waterloo, Ontario
One of my favorite neighbourhoods in Kitchener Waterloo is Eastbridge. Located in the North East part of the city, there are parks, trails, beautiful homes (ranging from condos, semis and towns to luxury homes worth more than $1 million), shopping (Conestoga mall is close by), close to restaurants like Wildcraft, Ben Thahn, The Keg and [...]
Why we invest in Kitchener Waterloo Real Estate
Yesterday I had the chance to sit down with two of our clients, Dr Robin Walsh and Darryl Kraemer to discuss why they invest in Real Estate, as opposed to any of the other investment vehicles available, like stocks, mutual funds, commodities, gold etc. Press play to hear what they had to say: Darryl and [...]
Flaherty to public: Hold on, I’m thinking, watching and monitoring real estate market
Canadian Government still looking at shorter mortgage amortizations on real estate purchases, but no indication of decision yet So much talk, so little action. Typical of a government, so I probably shouldnt be surprised On December 22 I wrote Flaherty comments further on Canadian Real Estate and Mortgages and on Janaury 13 I reported in [...]
Waterloo bests Kitchener and Cambridge in Canada-wide study
An interesting tidbit in The Record this week: Waterloo more attractive to economy-boosting immigrants than Kitchener and Cambridge WATERLOO REGION – Waterloo is a Canadian leader in attracting immigrants to power its economy, while Kitchener is in the middle of a pack of 50 cities nationwide, according to a study by the Conference Board of [...]
What is the Bank of Canada doing with mortgage rates?
Many people are speculating that the Bank of Canada will be raising rates. While the consensus amongst those I speak to is that rates have nowhere to go but up (and we are closing on a loan with a 2.4% interest rate on friday, so that’s a pretty solid perspective), the question seems to be [...]
Waterloo Vacancy Among Canada’s Lowest
Waterloo’s vacancy rate is among the lowest among Canada’s real estate rental markets, according to a recent Canada Mortgage and Housing Corporation (CMHC) report (which we covered here: Vacancy rate in Waterloo falls to 1%), “thanks to a crush of high-tech workers and university students looking for short-term housing.” (via The Record) The one-per-cent vacancy [...]
