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BenjaminBach.com Kitchener Waterloo Real Estate Investment Blog logo

Did you know the Kitchener Waterloo Real Estate Investment blog has moved to a new home at BenjaminBach.com ? Go there to check out our latest videos, articles, and investor tips.

Our latest video talks about how a Real Estate Investor can get the best deal.  Follow this link to watch the videNeo


A lookback on the 2009 real estate market in Kitchener Waterloo.  Record sales in the third and fourth quarter

Click play for information on investing in student rental investment properties in Waterloo, Ontario

You can be Rich through Investing in Real Estate!

It’s true- You can start investing in Waterloo Region Real Estate today, with low money down and generate a high rate of return on a stable and tangible investment.

We help our clients build wealth through investing in condominiums, duplexes, triplex, fourplex, student properties, apartment buildings, townhouses, new housing, development property and other types of investment real estate.

If you have never invested in Real Estate before we can show you how to get started, introduce you to a team of professionals who will assist you, and guide you through the entire process of investing in Real Estate.

To read our most recent Real Estate blog posts click here

You can call Benjamin anytime at 519 570 4447, or send an email.

Here is where I would get started, if I were you:

Kitchener Waterloo profiled in Canadian Real Estate mag’s “Areas Set To Boom”

Top 10 Reasons to Invest in Kitchener Waterloo Real Estate

Do you have enough money to retire the way you want to ?

3 Things You Should Look For Before Investing in a Condo in Kitchener Waterloo

How to Get the Best Deal when investing in Real Estate in Waterloo Region

The Kaufman Lofts in Kitchener Waterloo – an Investor’s Perspective

Residential Tenancies Act (RTA): A guide for Real Estate Investors in Ontario

What Student Rental apartment buildings can you buy in Waterloo?

CMHC *finally* returns to Student Housing Rentals in Waterloo

GST Rebates on New Construction Rental Property Investments

Landlord and Tenant Board (“Help for Landlords” section)

Real Estate Investment Tip: Raising Rent on Rental Units in Ontario

How to get the best deal when Investing in Real Estate

If you are looking for an allied professional to add to your Wealth Dream Team – anyone from a Mortgage Broker to an electrician to a contracting team, contact us for a referral to a professional who has a proven record of helping our Real Estate Investment clients. Beats choosing from the yellow pages!

Real Estate Investors in Ontario know there is a cap on an annual rent increase.  This is governed by the Residential Tenancies Act, 2006.

Did you know that not all rental properties are subject to this ?  Our clients are investing in Kitchener Waterloo properties with an important piece of knowledge – Do you know it ? Watch the video at this link to find out!

VIDEO: Real Estate Investment Tip: Raising Rent in Ontario

Do you have questions about being a landlord ? Email Benjamin at Benjamin(AT)BenjaminBach.com with your questions!

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Related Links:

Ontario Residential Tenancies Act, 2006

Landlord and Tenant Board

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 the world helping them build wealth through smart real estate investments.

Benjamin is a Sales Representative, and runs the Wealth Team at Keller Williams Golden Triangle Realty in Kitchener Waterloo. He’d love to answer any questions about buying, selling and owning a residential, or income & investment property in the greater Waterloo region.
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

As I just mentioned over at my Real Estate Investing blog, I’m happy to announce that I am opening registration of my upcoming Millionaire Real Estate Investment workshop to the general public. There are only 20 spots, and a little under half of the seats are spoken for already (translation: ACT NOW, SEATS GOING FAST).

If you’ve ever wondered about how you can get started investing in real estate, or wanted to know the best practices of Millionaire Real Estate Investors, you need to register for the workshop.

I will be talking about what you need to do to start your portfolio, the professionals you’ll need to grow your investments, as well as some specific opportunities in the Kitchener Waterloo region.

Anyone can do it, not everyone will.

WHEN: Thursday January 10th, 7:00-8:30pm

WHERE: Keller Williams offices, 871 Victoria Street North, Kitchener Ontario. You can email me for directions.

You must register to attend, and there is no cost for registration. You can register by calling me at 519 570 4447 or emailing me at Benjamin(AT)BenjaminBach.com

A $5 charge at the door will apply, but the workshop is free with registration.

See what others are saying about building wealth through real estate investing:

“Benjamin is an expert in the field of investment real estate. He is highly knowledgeable and a great speaker on this topic. He does an excellent job going through the process one on one and has worked very patiently with me. It doesn’t take long before you realize that he truly works hard to help make other people wealthy and successful…stays true to his life mantra. I strongly recommend Benjamin if you’re looking for person to help you build your wealth!”

Every time I hold a workshop, I help someone change the way they think about building and accumulating wealth. I’d love to help educate you on how you can become a millionaire and retire rich. Call or email me today and register for the workshop.

Benjamin Bach Cartoon

Kitchener Waterloo’s Favourite Real Estate Agent (Gold Award, Kitchener Waterloo Record Readers Select Awards 2007 – 2008) wants to show you how Real Estate Investing can make you wealthy. Benjamin works with people from across Ontario and Canada, 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 or selling a rental, income or investment property.

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

I’m proud to announce that the Kitchener Waterloo Real Estate Investment blog has moved to a new home @ http://www.Kitchener-Waterloo-Real-Estate-Investments.com\

Please update your links, and enjoy the information at the new site!

Originally posted at the new blog, http://www.Kitchener-Waterloo-Real-Estate-Investments.com

This morning I toured a two bedroom condominium unit with an identical layout to a unit we just purchased.  The condo is vacant, and needs new flooring in most of the unit (maybe 600 sq ft of flooring) and could use a paint job and some updated lighting.

It has all the characteristics of an investment I love:

  • Investment property in a residential neighborhood
  • Near a school
  • Near major shopping centers
  • Near the highway (I promise, this is a good thing in Kitchener Waterloo; if you’re near the expressway you can get anywhere in 15 minutes)
  • Needs cosmetic work and priced accordingly
  • Less than 20 years old

The unit I saw is offered for sale at $105,000, which is less than other main floor units have been selling for this year.  An identical unit in the complex we bought in is for sale right now for ~$118,000 – it is in better shape, but that’s only a new paint job and some flooring away )

If you invest in this condo for $105,000 with 20% down payment – $21,000 – you will need a mortgage for $84,000.  If you get a 5 year fixed rate mortgage for 5.89% (that’s the rate I got in July, and in fact rates are a bit lower now) and amortize the payments over 40 years, your monthly mortgage payment is about $452 a month according to the mortgage calculator I’m using.  Condo fees are currently $210.00 a month, and taxes are a shade under $100  a month. Insurance should be under $20 a month.

$452 (mortgage) + $210 (condo fees) + $100 (tax) + $20 (insurance) = $782.00

If you rent your unit out for $825 + hydro a month, you have a great condo paying for itself each month.  All you have to do is collect twelve rent cheques each January.

Could your retirement portfolio benefit from the accelerated equity growth real estate can offer you?  Call me now for a free consultation about how you can start investing in real estate today!

A lot of people come to me talking about the ‘gross rental multiplier’ on a single family home, or about how important it is to get maximum cash flow, or how they won’t look at properties under a certain capitalization rate.

Poor planning is the downfall of many would be investors. Maybe they don’t know what to look for in an investment property. Sometimes they don’t have their criteria nailed down. More often than not, they have a basic misunderstanding of wealth building.

One of the first things you need to do before you build your real estate portfolio is determine whether or not you should be following the Growth model for investing, or the Income model for investing.

Which model you choose will depend on a number of factors, mainly the size of the gap between how much equity you have, and how much equity you’ll need in retirement.

As we discussed yesterday, the income you receive in retirement is directly tied to how much equity you have. Your income is based on the return you make on your equity. The more equity, the more income.

In the Growth model, you are trying to accumulate as many assets as you can, in order to benefit from the appreciation and principle debt reduction over a large portfolio. In the Income model you are primarily investing your equity in order to receive cash flow to live on (or use for other business ventures).

What this means is, unless you already have a few million in equity, you should focus on Growth, rather than Income.

If you only have $100,000 in equity, it would be detrimental to look for an investment that will maximize your cash flow. What I would do is leverage that 100K into a portfolio of real estate in the Kitchener Waterloo area that is positioned to appreciate over the next several years (and your individual situation will determine the holding time).

In real estate, you benefit from owning more real estate, not from owning more of one piece of real estate. Leverage, used in combination with due diligence and a solid educational base, will allow you to accelerate the growth of your equity considerably.

Call me now @ 519 570 4447 for a free no obligation consultation about how your equity can be growing faster.

Benjamin Bach Cartoon

Benjamin Bach is passionate about helping people build wealth for an abundant retirement. He works with investors from across North America, helping them Retire Rich, and earlier than they thought possible!

Call or email Kitchener Waterloo’s Favourite Real Estate Agent (Gold Award, Kitchener Waterloo Record Readers Select Awards 2007 – 2008) today to learn how you can start your Real Estate Investment portfolio.

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

You can reach Benjamin at benjamin(AT)benjaminbach.com or call him at 519 570 4447. More info on Benjamin can be found at http://www.kitchenerwaterloorealestateinvestments.com/

It used to be that you could work for a company for 45 years, and retire withGold Watch a pension to meet your needs, and a gold watch to match.

Nowadays, there is no such thing as job security, and and any pension or government funded retirement plans are likely not enough to keep you living the lifestyle you’ve become accustomed to.

During the typical working career, you go to your job and are paid for the work you do, or the time you put in.

If you go to work and do your job, you get paid. You are living off of the income you produce.

When you retire, you no longer go to work everyday to produce income – you now need to live off the income (or cashflow) your assets produce.

If you want to have a retirement income of $100,000 a year, and your investments generated a 10% rate of return, you would need to have $1,000,000 in assets. The more assets you own, the greater your potential retirement income.

Do you have a plan that will leave you with seven figures in assets by the time you want to stop working ? Call me at 519 570 4447 for a free consultation, and I’ll work with you to develop a plan that will allow you to reach your dreams. Benjamin Bach Cartoon

Benjamin Bach is passionate about helping people build wealth for an abundant retirement. He works with investors from across North America, helping them Retire Rich, and earlier than they thought possible!

Call or email Kitchener Waterloo’s Favourite Real Estate Agent (Gold Award, Kitchener Waterloo Record Readers Select Awards 2007 – 2008) today to learn how you can start your Real Estate Investment portfolio.

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

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

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