Turning Your Home into a Rental Property | Edmonton Garage Suites | Real Estate Investing Alberta | Canada
Manage episode 478675912 series 3658128
Real Estate Investing Morning Show โ Hosted by Wayne & Gabby Hillier
In todayโs episode, full-time real estate investors and coaches Wayne and Gabby Hillier tackle three big topics that impact new and seasoned Alberta investors alike:
What do you need to know before turning your home into a rental? Are garage suites in Edmonton worth the investment? And should a first-time investor take on a $50,000 fixer-upper?
They also gave away another free ticket to the Edmonton Real Estate Investing Deal Lab โ tune in live every weekday morning for your chance to win by guessing the featured Edmonton neighbourhood of the day!
๐ง What You'll Learn in This Episode:Why 90% of Edmonton homes donโt work as rentals โ and how to analyze the ones that do
The truth about garage suites in Edmonton โ high costs, low returns, and one financing strategy that helps
Why starting small and simple is the key to success on your first investment
What to consider before converting your personal home into a rental property
How to notify the CRA and avoid tax surprises with help from Finngo Bookkeeping and Tax
A breakdown of a listenerโs deal โ should she buy a fixer-upper or walk away?
๐ Creative Hive, Edmonton, Alberta ๐๏ธ Register Now ๐ Use code REIMORNINGSHOW for 25% OFF
This full-day, in-person workshop will help you:
Learn to run the numbers the right way
Analyze real Edmonton deals
Compete in Deal Lab Games, our live offer-writing scenario
Connect with local investors and JV partners
Build long-term wealth with smart, low-risk investing strategies
Listen live every morning for your chance to win a free ticket!
๐ฅ About Your HostsWayne & Gabby Hillier are full-time real estate investors and coaches based in Edmonton, Alberta, Canada. Through their REI Masters Mentorship Program, they help Canadians build portfolios using rental properties, BRRRRs, flips, joint ventures, and creative investing.
๐๏ธ New episodes every weekday morning featuring real stories, real coaching, and real estate that works.
๐ก Resources & ContactLearn more about REI Masters: www.reimasters.ca
Bookkeeping & tax support for investors: www.finngo.com/rei
Got a question for the show? Email: [email protected]
300 episodes