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People get involved in real estate and real estate for a variety of reasons. One of the most popular is to step away from the 9-5 and have it fund an enjoyable lifestyle.

Our podcast guest this week, Michael Dominguez, started investing when he and his wife were both working well-paid corporate jobs. But as he became more involved Michael decided to go into real estate full time, the choice he had to make was either as a realtor or a real estate investor because he found he couldn’t focus on both and have as much success.

In this episode, Michael shares what direction he took, how that has helped him build his portfolio, and now how he is helping others achieve similar results through his book. He also outlines a defining moment more recently when 3 clients passed away and how that pushed him to design the best life he is now leading and where that takes him.

In this episode you will learn about:

• Following the buy a property a year strategy
• Choosing between becoming a realtor or a real estate investor full time
• Structuring joint venture deals 
• Identifying quality properties in quality neighborhoods
• Finding ideal tenants who will leave in 2-5 years
• Planning and preparing for market turmoil
• Living the best life after having three clients pass away
• Offering tenants the option to move out
• Not being focused on building net worth

Get in touch with Michael Dominguez:
Website: www.armchairrealestatemillionaire.com 

Michael Dominguez is an award-winning sales representative, a member of the RE/MAX Hall of Fame, and the founder of Doors to Wealth Real Estate Group, a team of realtors focused on educating and assisting people in residential real estate. 

After becoming a realtor in 2008, Michael realized the opportunities in real estate investing and bought his first investment property, proceeding to add to his portfolio for 10 consecutive years. Throughout his realtor career, he has completed over 300 investment property transactions. 

When he entered real estate in 2008, Michael was drawn to people who saw real estate ownership as a vehicle for building wealth and reaching their goals. Many of his current and former clients were able to quit their full-time job, do more of what they wanted to do, and seek their passions. 
As an investor realtor, Michael discovered a real passion for helping others build their wealth so they can experience the choices and financial freedom they desire. 

Michael has been named Investor Realtor of the Year by the Real Estate Investment Network (REIN) twice, as well as Canadian Real Estate Magazine Investor Realtor of the Year. He was also awarded a RE/MAX Jazz Mentorship Award. 

In his downtime, Michael is a die-hard Los Angeles Dodgers fan and an avid traveler who desires to have as many once-in-a-lifetime experiences as possible in his life. Currently, he and his wife own 11 two-unit dwellings in Ontario, Canada. 

This episode has been brought to you in part by
Legal Second Suites – https://legalsecondsuites.com
BM Select – https://bmselect.ca/
The REITE Club podcast – for sponsor slots contact Katherine at grow@thereiteclub.com

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When The REITE Club podcast reached 100 episodes who could have predicted what was going to happen to real estate and the world in general during the next 100?

But here we are, 2 years later, celebrating 200 episodes of the podcast.

Join The REITE Club Co-Founders, Laurel Simons, Daniel St. Jean, Sarah Larbi, and Alfonso Salemi as they share what they have been up to over the last two years, where they think things are heading for real estate in the short term and what you need to be doing to prepare for that.

They also share what their plans are for the next two years and where they hope to be by the time episode 300 rolls around as they Customize Their Lives. 

In this episode you will hear about:

• Customizing your life through real estate 
• Laurel’s adventures in wine and travel
• Daniel’s pivot to out-of-country investing
• Sarah’s development projects and strategy shift
• Alfonso’s team expansion personally and professionally
• Co-founder’s thoughts on the immediate future of real estate
• Their future plans during the next 100 episodes

We’re Sarah Larbi, Alfonso Salemi, Laurel Simmons, and Daniel St-Jean. We’ve all been real estate investors for many years now, and we all have different experiences and specialties, especially when it comes to real estate investing! We look forward to connecting with you as our REITE Club community grows.

Website: https://thereiteclub.com/
Email: grow@thereiteclub.com

This episode has been brought to you in part by
Black Jack Contracting Inc – https://blackjackcontractinginc.ca/
Mid-Term Rentals- https://sarahlarbi.com/mid-term-rentals/
BM Select – https://bmselect.ca/

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Being a Mindful Landlord and Investing in Montreal

After being dropped into property management while at University as a student house manager, Terrie Schauer took a harder look at the industry and a wider consideration of real estate investing as a career and business.

After first being a full-time Property Manager for a company in France she now manages a growing portfolio for herself and still manages properties for a number of select clients in Quebec.

Her Ph.D. and Masters have given her a passion for research and she spends time understanding the background of hot topics like affordable housing and rent control and then takes mindful decisions around her real estate investing direction and strategies.

In this wide-ranging discussion, Terrie shares her thoughts on the Montreal market, property management, discipline and preparation from being a word champion in Jiu Jitsu and her passion for applying mindfulness principles to Real Estate investing having written the #1 bestselling book on the topic, The Mindful Landlord.   

In this episode you will learn about:

• Mindfulness and real estate investing  
• Property management lessons early in life
• How property management can be a gateway to other REI business 
• Montreal market rentals and challenges
• How to successfully hire a good property manager
• CMHC and affordable housing 
• Researching rent control and does it make sense 

Get in touch with Terrie Schauer:
Website: https://terrieschauer.com/
Mindful Landlord book – https://terrieschauer.com/order-mindful-landlord-book/
LinkedIn: https://www.linkedin.com/in/terrieschauer/
 
With 20+ years of experience as a Real Estate investor and property manager, Terrie is CEO & founder of MyRoom Gestion, a property management and Real Estate consulting group based in Montreal, Canada. She is the leading authority on applying mindfulness principles to Real Estate investing and has written the #1 bestselling book on the topic, Mindful Landlord.

Co-host of two wealth and real estate podcasts (The Mindful Wealth Podcast & The Real Estate Investor’s Club Podcast), her clients include business owners, executives and professionals who want to hedge the rat race and gain financial freedom through Real Estate. Her passion is to help fellow investors act for both profit and peace of mind.

Her key areas of expertise are Real Estate with a focus on holistic wealth, financial freedom, and female excellence in investing and beyond. She has given keynote addresses at Canadian Real Estate conferences on these topics.

Terrie holds a Ph.D. (SFU) and Masters degree from Oxford University. She is a two-time world champion in Brazilian Jiu Jitsu. Her best-selling book, Mindful Landlord, is currently available on Amazon.

This episode has been brought to you in part by
Private $ 4 Mortgages https://privatemoney4mortgages.com/
Inspire Beach Resort https://inspirebeachresort.com/
BM Select – https://bmselect.ca/

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Podcast guest, Jacob Perez, has been investing in the Hamilton, Ontario real estate market since he was 23 years old initially with single-family and duplexes and moving more into multi-family properties. He has also previously used the short-term rental strategy but now is more positive about the mid-term rental market. 

As a mortgage agent, Jacob stays up to date with the latest news in financing and shares what he is seeing and expecting when it comes to interest rate increases, how private money has not moved up as quickly, and what to look for if financing in the US.

Being always ready to pivot is one of Jacob’s rules and after having enjoyed the opportunity to buy a vacation condo in Florida he spent more time recently looking at the US market. He is now working on luxury development projects in Florida as well as continuing to invest in multi-family opportunities in Ontario looking to leverage some of the CMHC financing options. 

In this episode you will learn about:

• From real estate investing to mortgage brokerage
• Nuances of investing in the US and US financing options
• Be ready to pivot as markets change
• Midterm rentals versus short-term rentals
• Impact rising rates are having
• What’s happening in the private money market
• What are trigger rates and how are they affected
• Extending mortgage amortization 

Jacob Perez has been investing in the Hamilton, Ontario real estate market since he was 23 years old. Leveraging his early success, he began partnering with families and professionals in the Greater Toronto Area (GTA) to complete joint venture real estate transactions.

He is now working on luxury development projects in Florida and continues to keep an eye on local markets as things change. Jacob works as a Mortgage Agent with Synergy Mortgage Group, a role that allows him to assist investors and first-time homebuyers leverage real estate.

Get in touch with Jacob Perez:
Instagram: @jacobperez10
Website: https://synergymortgagegroup.com/

This episode has been brought to you in part by
Paul Copcutt – https://paulcopcutt.com/
Mid-Term Rentals – https://sarahlarbi.com/mid-term-rentals/
BM Select – https://bmselect.ca/

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When they get started in real estate investing, the dream for many is to quit their 9-5 and become full-time investors and customize their lives. But how can you do that confidently and successfully? 

This week’s podcast guest, Jared Henderson was able to flip a property in January this year which gave him the cushion to take that step after 10 years of building his portfolio to 23 doors.

In this episode Jared shares his journey, his focus on student rentals and how he has switched his approach with the recent market downturns and rising interest rates. He also shares the importance of not only being able to analyze a property for one strategy but ensuring you have a plan B with such a volatile environment that is likely to be around for a while. 

In this episode you will learn about:

• Getting started in real estate investing and growing to 23 properties
• The changing student rental market 
• How to address non-cash flowing properties
• Going full-time into real estate investing
• How to analyze a flip in today’s market
• Delegating non-business building tasks
• The balance of education and taking action
• Networking and investing remotely

Get in touch with Jared Henderson
Instagram: @jaredh55

This episode has been brought to you in part by
Black Jack Contracting Inc – https://blackjackcontractinginc.ca/
Paul Copcutt – https://paulcopcutt.com/
BM Select – https://bmselect.ca/

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By her own admission, Victoria Cluney made slow progress initially in real estate. But a combination of forcing functions and making the right connections her portfolio has not only grown but the size of projects she is investing in has increased.

In this episode, Victoria shares the lessons and opportunities that arose from losing a deal that had her in tears and how that set her on a path to a deal now that involves a greater level of complication and learning, setting her up for the next level.

In this episode you will learn about:

• Expertise versus confidence
• Flipping the switch to ‘What if you can?”
• Getting into real estate investing accidentally at age 22
• Taking on bigger and scarier projects
• Facing discomfort and moving forward
• Jumping into social media
• Lessons learned from failure
• Bigger returns than money

Follow and get in touch with Victoria Cluney:
https://www.instagram.com/investrealfit/
https://www.tiktok.com/@investrealfit
https://www.facebook.com/cluneyco/
https://www.facebook.com/groups/cluneyco

Email: cluney.co@gmail.com

Victoria Cluney has been investing in real estate for over 17 years. She currently lives in Ottawa, ON; however, specializes in the Nova Scotia market where she has built a dependable team spanning across the province. 

With over 20 years of service in the Canadian Armed Forces, a soon-to-be Masters of Psychology and a high-level athletic background, Victoria blends lessons that she has learned within the military, schooling and sports to promote discipline, health, fitness, and mindset in both business and in life. 

Passionate about networking and connecting with others she is also a co-leader for the real estate investHER monthly meetups in Ottawa. 

This episode has been brought to you in part by
Legal Second Suites – https://legalsecondsuites.com
Paul Copcutt – https://paulcopcutt.com/
BM Select – https://bmselect.ca/

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Renovations can make or break a real estate investment property and there are a number of factors that will contribute to that. The overarching factor though is to work with a contractor who has the experience AND the honesty to quote a project that not only works with your budget but also ensures you come out with a profitable conclusion.

Our podcast guest this week, Jon Tenbrinke of Black Jack Contracting, was the youngest ever Master Electrician in Ontario and this drive and desire to be the best at what he does has transformed his company to be one of the most trusted renovation contractors for real estate investors in the GTA.

In this episode, Jon shares a number of insights and advice that you need to pay attention to and also gives us some of the downsides of not heeding that advice. This straight-talking approach is why Jon stands by his quote guarantees and why his company has been able to complete over 230 basement conversions over the last 5 years and his consulting and coaching services are in such high demand.

In this episode you will learn about:

• State of the contracting business as we come out of the pandemic.
• What an Educational Contracting Company is.
• Lessons learned from converting over 230 basement suites.
• Why communicating with both investor and JV partner is critical.
• 3 top things to do to maximize refi value.
• 3 biggest mistakes investors make when wanting renovations.

Get in touch with Jon Tenbrinke
Website: https://blackjackcontractinginc.ca/
Email: info@blackjackcontractinginc.ca

This episode has been brought to you in part by
Private Money 4 Mortgages – https://privatemoney4mortgages.com
BM Select – https://bmselect.ca/

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The next real estate investment markets for Canadians may well NOT be in Canada. As the markets in Canada continue to offer less investing upside either because of expensive inventory, higher interest rates or lower cash flow, many real estate investors are starting to look South of the border.

Is the market that much different in the US? If you look at the more popular areas like California or New York then there is little difference between them and Toronto or Vancouver.

But take a look at cities with a more recent downside and there are plenty of opportunities. Detroit is one such market. Our podcast guests those week, Voytek Mardula and James Lloyd of US Properties.ca have been focused on Detriot for the last 5+ years and have local knowledge and expertise and a full turnkey operation that makes it so much more seamless for Canadians to consider investing in the US.

In this episode you will learn about:

• Why Detroit is not seeing the drop off of other markets.
• Growth opportunities for investors in Detroit.
• What to consider when investing in the US as a Canadian.
• Local financing options versus Canadian money sources.
• The best Detroit neighbourhoods for cash flow and appreciation

Voytek Mardula, a lifelong entrepreneur, has owned and operated businesses in various industries over the last 25 years, including hospitality, brand name apparel and telecommunications. In the last 12 years, he has also gained extensive experience in investing in and managing rental properties, both in the US and Canada. Voytek’s current focus is on US real estate, primarily in Detroit. In addition to buying and selling turnkey investment properties in the US, the property management company which he owns, operates and manages over 300 doors in the greater Detroit area. 

James Lloyd is the Canadian Sales Manager for USProperties.ca.  With over 17 years of definitive experience in hospitality and sales management experience, he has a passion for customer service and client relations.  On a daily basis, he is responsible for overseeing the company’s client development and helping Canadian investors every step of the way with a turnkey solution for purchasing cash flow positive real estate in the Detroit area.  Outside of work James enjoys living a healthy, active lifestyle and spending time with his young son.

Get in touch with James Lloyd & Voytek Mardula:
Website: https://www.usproperties.ca/
Email: jameslloyd@usproperties.ca

This episode has been brought to you in part by
Legal Second Suites https://legalsecondsuites.com
BM Select – https://bmselect.ca/

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Whether you are a novice real estate investor or someone with more experience having the right people on your team can make or break your success. An important member of that team is a real estate investing-focused realtor. In this week’s podcast, you get two for the price of one with the power duo of Enza Manduca and Meaghan Lazenby of eXp Realty. Enza and Meaghan share their passion and love of real estate which made them both leave their corporate jobs behind and seek to make a difference for others. In our conversation, they both share some great insights on what you should be asking a realtor, what to expect in working with one and how their process accelerates the investing process for their clients. Also, understand how the real estate market in the west GTA has changed over the last 6 months and where the opportunities are now.

In this episode you will learn about:

• How the real estate market has changed in the last 6 months
• The shift from pre-construction to resale investment properties
• Moving from corporate life to real estate
• Working with real estate investors
• The process of helping novice investors
• Best business advice received
• Top 3 questions to ask a real estate agent

Guests:
Meaghan Lazenby and Enza Manduca are both investor focused realtors and investors.

Working in the Golden Horseshoe and Niagara Region areas, they help their clients build generational wealth through purchasing cash-flowing properties.  They help their clients play the real-life game of Monopoly and win!

Based out of eXp Realty and are also building an international team and specialize in coaching both novice and experienced investors in single family, multi-family, student rentals, pre-construction, flipping and BRRR projects.

When they are not working with clients, you can find Meaghan spending time with her family around their pool or on the ice playing ice hockey and you can find Enza Latin dancing or at the spa!

Get in touch:
Meghan Phone: 289-772-8488
Enza Phone: 905-808-5158
Email
meaghanlazenby@gmail.com
enza@manduca.ca
Follow on Instagram
@meaghanlazenby2020
@enzamanduca

This episode has been brought to you in part by
Black Jack Contracting Inc – https://blackjackcontractinginc.ca/
BM Select – https://bmselect.ca/