Follow the adventures of Michael and his Armchair Army

 

Is Ending Rent Control A Smart Business Strategy?

Is Ending Rent Control A Smart Business Strategy?

Ending Rent Control - Who does it help? Can you imagine Coke being happy that new government policy helps out rival Pepsi but does affect them? How about if Ford can raise their car prices by 10% this year, but GM is limited to rises under 2%, even if the...

First Time Home Buyer Remorse

First Time Home Buyer Remorse

When Michael was a First Time Home Buyer...It was Christmas 1993, and the Canadian Real Estate market was in the worst market decline in a generation and I was signing my name to buying my first home. I was 28 years old, newly married and scared out of my...

Canadian Pension Plan & You

Canadian Pension Plan & You

When it comes to collecting CPP, is a bird in the hand truly better than two in the bush?As Canadians, we have been contributing to the Canadian Pension Plan (CPP) for as long as we have been working. As most of us get closer to retirement, the thought...

Pros and Cons of an AirBnB Property as Investment

Pros and Cons of an AirBnB Property as Investment

AirBnB: Is it worth the work?Hi, this is Michael Dominguez with the Doors to Wealth Real Estate Group.I have another question: What are the pros and cons of owning a seasonal Airbnb property as an investment?The pros of AirBnB are pretty easy.The number...

Steps to Placing a Tenant in Your Unit

Steps to Placing a Tenant in Your Unit

How do you place a tenant?One of the biggest hurdles investors have to overcome when choosing to buy investment properties is the fear of having to deal with terrible tenants.Fear No More! Landlords love to talk about those terrible tenant situations - makes for great...

Rent-to-own property: Is this a good option?

Rent-to-own property: Is this a good option?

Rent-to-own properties are an option that people often ignore. Hi, this is Michael Dominguez with the Doors to Wealth Real Estate Group. I was asked another question, "What's the best way to rent-to-own a property?" First of all, I'd like to explain what rent-to-own...

Is it too late to start investing in real estate?

Is it too late to start investing in real estate?

Has the ship sailed to start investing in real estate? Hi there, this is Michael Dominguez with the Doors To Wealth Real Estate Group, and I have another question asked to me: "Is real estate investing a dying field? Is it worth breaking into real estate...

Fall Back: Property Maintenance

Fall Back: Property Maintenance

Fall back means fall maintenance for your properties! Time to “Fall Back” and look through your properties. The days are getting cooler and the nights are getting longer. It is a sure sign that fall is here. The good news is we tend to have less issues...