Episode Description
π§ Garage Suites, Tenant Payment Plans & This or That
Real Estate Investing Morning Show β Hosted by Wayne & Gabby Hillier
Today's episode was completely open agenda. No preset topic. Just live questions from listeners and real conversations about what's actually happening in your portfolios.
We covered garage suite numbers, payment plans with struggling tenants, damage deposit policies, taxes vs evictions, and wrapped it up with a fun round of "This or That."
π§ What You'll Learn in This Episode
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Why garage suites on existing properties are often difficult to make cash flow
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The hidden costs investors underestimate when building backyard suites
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Why your default answer to payment plans should usually be no
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How to think about risk exposure when tenants fall behind
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Why possession is everything before handing over keys
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The non-negotiables before giving a tenant access to your property
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The mindset difference between taxes and evictions
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How experience shapes better screening decisions
π₯ About Your Hosts
Wayne & 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 long-term wealth using rental properties, BRRRRs, flips, joint ventures, and creative real estate strategies.
New episodes every weekday morning featuring real stories, coaching moments, and tactical investing advice.
π‘ Resources & Contact
Learn about our Mentorship Program: www.reimasters.ca
Bookkeeping & tax help: www.finngo.com/rei
Submit a question: info@reimorningshow.com
π The 5% Ruleβ’ β A Real Estate Cash Flow Test for Canadian Investors
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π€ Thanks to Our Sponsors
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πΌ Kirkwood & Brennan Mortgage Group β Investor-Focused Brokers
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π« Edmonton Real Estate Investing Course
Thinking about investing in Edmonton but not sure where to start?
Our 8-week Edmonton Real Estate Investing Course gives you a clear blueprint to invest with confidence, including:
πΉ Why Edmonton is one of Canada's strongest cash flow markets
πΉ The economic drivers shaping Edmonton's growth
πΉ How to analyze neighborhoods for cash flow and upside
πΉ The five main asset types and how they perform
πΉ Tenant selection strategies that protect your returns
πΉ How to buy rental properties that actually make money
π Learn more and register at:
www.reimasters.ca