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 in great shape, and its a location (and condition) that will rent very easily. I’ve even arranged to have a colleague of mine manage the unit (and rent it out !) for only 5% of gross rental revenue.

While my clients have chosen to put down a larger downpayment, this property will cash flow with $10,000 down, and has only slight negative cash flow if purchased with zero down payment (and yes, these loans are available OAC).

One of the biggest myths that holds people back from starting to invest in Real Estate is that they think they require a much larger initial equity investment than they have.  I would bet, because I know it’s true, that most people who have a retirement savings plan would be surprised to hear that you can purchase 2 or 3 condominium units – this week – and start building toward a magnificent retirement funded by smart real estate investments.

Benjamin Bach Cartoon

To arrange for a free, no obligation real estate investment consultation, contact me at 519 570 4447 or benjamin(AT)benjaminbach.com

Benjamin Bach is a Sales Representative with Keller Williams Golden Triangle Realty in Kitchener Waterloo. Benjamin loves nothing more than to help people start building equity and get on the road to financial freedom and abundance. He wakes up each morning excited to fulfil his mission of building wealth for his clients through comprehensive Real Estate investment planning, and helping people achieve success. If you are interested in how you can start your Real Estate portfolio, have any questions about buying a home or selling a home, or are looking for a good book to read please email Benjamin (benjamin(AT)benjaminbach.com) or call him at 519 570 4447.

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