When investing in real estate, use professionals !

An interesting situation came up recently while I was pursuing an investment property for a client in Kitchener Waterloo, Ontario.
Sally is from out of town, but she has recently started to move her equity into the Kitchener Waterloo area in the form of real estate investment property.
She had a mortgage broker she used when she [...]

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A new addition to our Kitchener Waterloo Real Estate Investment Portfolio

On Monday, Sarah and I closed on an ‘investment-grade’ condominium in North Waterloo. There were some mild theatrics associated with the closing (i.e. where was the other side’s lawyer on Friday when we were to close the deal? Canoing ? Lawn bowling ? Enjoying a lazy Friday afternoon at Morty’s ?) [...]

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Kitchener Waterloo Real Estate Market Still Red Hot

I know everyone is waiting for June stats to see if the market can keep up with itself, so without further adieu I present to you part of the official June 2007 media release issued by the Kitchener Waterloo Real Estate Board
KITCHENER WATERLOO HOME SALES UP MORE THAN 14 PERCENT THIS YEAR
KITCHENER, ONTARIO - Residential [...]

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Top 10 Reasons to Invest in Kitchener Waterloo Real Estate!

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, [...]

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Real Estate Investment Myth #1

Real Estate Investment Myth #1 : “‘I can’t buy that property because I don’t have a (big enough) downpayment”
This past week I had the good fortune of helping a client buy the real estate investment property they are currently renting in. It’s really a great story how it all came about.
The Reitzel team in [...]

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An investment property for $120,000 ? I don’t believe it !

Your eyes do not deceive you. There are great opportunities for real estate investment in Kitchener Waterloo, starting from under $100,000.
I just helped clients from Vancouver, British Columbia put a 2 bedroom condomunium in Waterloo, five minutes from picturesque St. Jacobs, under contract for $118,000.  The building is 20 years old, the condo corporation is [...]

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How to get a 32% annualized return on your money

I am one of the few people in this world who loves what I do. I spend all of my time (well, most of it) with smart successful people who are serious about their future (i.e. investors), and I get to help them build their wealth and ensure they live comfortably their whole life. [...]

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Should I buy with Zero down?

Interesting Q&A going on over at Inman News:
Q: “We are purchasing a $400,000 home that we want to finance with a 30-year fixed-rate mortgage. While we can more than afford the cost of a 20 percent down payment, I would prefer to keep my money in my investments instead. I was thinking of financing 100 [...]

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10 Biggest Selling Myths Uncovered

Selling a house can be a bit like raising a child - everyone gives you advice that may or may not be true for you. Here are ten myths uncovered: 1. Myth: You should always price your home high and gradually lower it if it doesn’t sell.
Truth: Pricing too high can be as bad as [...]

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Kitchener Waterloo Real Estate Market Update

Kitchener Waterloo Heat Index: 0.40

November brought us cold weather, and a slight downturn in the temperature of the market.  New listings coming on the market slowed, with 3% less active listings on the market this month than last (which is a good thing when you’re selling your home!).
Buyers have an opportunity to get [...]

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