Ever heard real estate investors talking about NOI, the gross, Cash on Cash return or comparing caps, and not known what they were talking about? In this video, I explain some of the terms investors use when looking at investment opportunities. Even if you’re shopping outside of Kitchener Waterloo, understanding these terms will help you [...]
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3 Things You Should Look For Before Investing in a Condo in Kitchener Waterloo
Over the last few years our clients have been investing in residential condominium apartments priced between $106,000 – $178,000 range, 750 – 1200 square feet, usually 2 bedrooms & 1 bath or 3br / 2 bath units and renting them out to stable, long term tenants for between $850-$1250 a month. There are many condominiums [...]
The Kaufman Lofts in Kitchener Waterloo – an Investor’s Perspective
The historic Kaufman Lofts in downtown Kitchener have been a ‘destination’ building ever since construction on the condo conversion was announced. People tell me “I want a Kaufman Loft!” Even if the loft is a bit smaller or pricier than another condominium they were looking at, the design, location and prestige put the project over [...]
How to Get the Best Deal
The other day we discussed a Real Estate Investor deciding between a home that needs a bit of work, and one in great shape. The property that the investor purchased ended up being about $20,000 under market value. It was not listed on the MLS when we bought it – it was an opportunity that [...]
