Real Estate Investing Morning Show ( REI Investment in Canada )

🎧 Why Developers Love Edmonton & Calgary (And What Most Investors Are Getting Wrong) Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Today's episode started with some fun… Miami burritos, onion peeling stations, and some real talk about rental property realities. But underneath the laughs was a serious investor lesson. We broke down why developers are flocking to Edmonton and Calgary, what record housing starts actually mean for investors, and the hard truth about tenant expectations in brand-new builds. If you're building, buying rentals, or thinking about developing — this one matters. 🧠 What You'll Learn in This Episode Why Alberta led Canada in housing starts per capita What makes Edmonton and Calgary developer-friendly markets How cheap, easy, and fast approvals attract builders Why demand matters more than "new and shiny" The reality of tenant wear and tear (and why expectations need adjusting) Why overbuilding rental supply could pressure rents The mistake investors make chasing "high-end tenants" When premium renovations make sense — and when they don't 🏗 Why Developers Love Edmonton & Calgary Edmonton ranked #1 and Calgary #5 in Canada for ease and affordability of building. Here's why: No provincial sales tax Lower development fees Faster permit approvals AI-assisted municipal processes Land availability Strong population growth Add in federal incentives like GST removal on purpose-built rentals and CMHC MLI Select — and you've got a development-friendly environment. But here's the key: Developers build where demand exists. And right now? That demand has been rental housing. 📉 The Rental Supply Shift Alberta experienced: Massive population growth Ultra-low vacancy rates Surging rents Developers responded. Now we may be overshooting. More supply means: Higher vacancy rates Potential rent stabilization (or softening) Increased competition That doesn't mean opportunity is gone. It means strategy matters more than ever. 🏠 The Hard Truth About Brand-New Rentals Wayne shared a powerful reality check today: Brand-new, high-end rentals do not guarantee high-end tenants. In fact: Many tenants live differently than investors expect Wear and tear happens fast "Unicorn tenants" are rare Over-renovating can destroy profitability This isn't about judgment. It's about realistic expectations. Smart investors: Buy rent-ready, not luxury-finished Focus on durable materials Control renovation costs Protect cash flow High-end finishes often only make sense when preparing to sell — not for long-term rentals. 🎯 The Bigger Lesson Cheap. Easy. Fast. That's why developers love Alberta. But investors must ask: Is there still demand when my project finishes 12–18 months from now? Speculation without demand is gambling. Building with demand is investing. 👥 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. 💡 Resources & Contact Learn about our Mentorship Program: www.reimasters.ca Bookkeeping & tax help: www.finngo.com/rei Submit a question: info@reimorningshow.com 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 🔗 Facebook 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 🔗 Facebook 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 keaton@kbmortgages.ca 🔗 Facebook 🏫 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: 🔹 Why Edmonton is one of Canada's strongest cash flow markets 🔹 The economic drivers shaping Edmonton's growth 🔹 How to analyze neighborhoods for cash flow and upside 🔹 The five main asset types and how they perform 🔹 Tenant selection strategies that protect your returns 🔹 How to buy rental properties that actually make money 👉 Learn more and register at: www.reimasters.ca

🎧 Capital Cost Allowance in Canada: How to Depreciate Your Rental Properties Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Today's episode focused on Capital Cost Allowance (CCA) and how Canadian real estate investors can use depreciation strategically to reduce taxable rental income. We were joined by Steve Tsonev from Finngo Bookkeeping & Tax, who broke down how CCA works in Canada, why it's a deferral strategy (not a loophole), and what investors need to understand about recapture when they sell. This conversation is especially important for investors who are scaling and starting to feel the weight of taxable rental income. We also discussed a recent Edmonton real estate article and what it signals for local investors. The episode connected tax planning, local market awareness, and long-term portfolio strategy. 🧠 What You'll Learn in This Episode What Capital Cost Allowance (CCA) is and how it works in Canada How depreciation reduces taxable rental income Why CCA is a tax deferral strategy, not permanent tax savings What recapture means when you sell When it makes sense to claim CCA — and when it doesn't Insights from Steve Tsonev on aligning tax strategy with investing goals Key takeaways from the Edmonton real estate article discussed Why serious portfolio builders think beyond one tax year 👥 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. 💡 Resources & Contact Learn about our Mentorship Program: www.reimasters.ca Bookkeeping & tax help: www.finngo.com/rei Submit a question: info@reimorningshow.com 📘 The 5% Rule™ – A Real Estate Cash Flow Test for Canadian Investors https://a.co/d/jdZaBXM 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 🔗 Facebook 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 🔗 Facebook 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 keaton@kbmortgages.ca 🔗 Facebook 🏫 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: 🔹 Why Edmonton is one of Canada's strongest cash flow markets 🔹 The economic drivers shaping Edmonton's growth 🔹 How to analyze neighborhoods for cash flow and upside 🔹 The five main asset types and how they perform 🔹 Tenant selection strategies that protect your returns 🔹 How to buy rental properties that actually make money 👉 Learn more and register at: www.reimasters.ca

🎧 Garage Suites, Tenant Payment Plans & This or That Real Estate Investing Morning Show – 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." 🧠 What You'll Learn in This Episode Why garage suites on existing properties are often difficult to make cash flow The hidden costs investors underestimate when building backyard suites Why your default answer to payment plans should usually be no How to think about risk exposure when tenants fall behind Why possession is everything before handing over keys The non-negotiables before giving a tenant access to your property The mindset difference between taxes and evictions How experience shapes better screening decisions 👥 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. 💡 Resources & Contact Learn about our Mentorship Program: www.reimasters.ca Bookkeeping & tax help: www.finngo.com/rei Submit a question: info@reimorningshow.com 📘 The 5% Rule™ – A Real Estate Cash Flow Test for Canadian Investors https://a.co/d/jdZaBXM 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 🔗 Facebook 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 🔗 Facebook 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 keaton@kbmortgages.ca 🔗 Facebook 🏫 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: 🔹 Why Edmonton is one of Canada's strongest cash flow markets 🔹 The economic drivers shaping Edmonton's growth 🔹 How to analyze neighborhoods for cash flow and upside 🔹 The five main asset types and how they perform 🔹 Tenant selection strategies that protect your returns 🔹 How to buy rental properties that actually make money 👉 Learn more and register at: www.reimasters.ca

🎧 How Joint Venture Splits Actually Work (Part 2) Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Joint ventures are one of the most powerful tools for scaling your real estate portfolio, yet they are also one of the most misunderstood. In today's episode, Wayne and Gabby go deeper than ever into how joint venture splits actually work. This is Part 2 of the discussion, and it covers the real-world mechanics behind 50/50 splits, contract structure, renegotiation myths, refinance strategies, and tax considerations in Canada. If you want to scale beyond what your own income and borrowing power allow, this episode is essential listening. 🧠 What You'll Learn in This Episode Why the standard 50/50 joint venture split exists and what it truly represents The difference between a money partner and a managing partner How to confidently explain your value as the expert partner When and why a split might change from 50/50 to 60/40 or 70/30 Why leaving more meat on the bone early can accelerate long-term scaling What should be included in a strong joint venture contract How additional capital contributions should be handled Why Canada does not have a 1031 exchange and what to do instead How refinancing can help redeploy capital without triggering immediate tax 👥 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. 💡 Resources & Contact Learn about our Mentorship Program: www.reimasters.ca Bookkeeping & tax help: www.finngo.com/rei Submit a question: info@reimorningshow.com 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 🔗 Facebook 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 🔗 Facebook 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 keaton@kbmortgages.ca 🔗 Facebook 🏫 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: 🔹 Why Edmonton is one of Canada's strongest cash flow markets 🔹 The economic drivers shaping Edmonton's growth 🔹 How to analyze neighborhoods for cash flow and upside 🔹 The five main asset types and how they perform 🔹 Tenant selection strategies that protect your returns 🔹 How to buy rental properties that actually make money 👉 Learn more and register at: www.reimasters.ca If you want to scale your portfolio faster, joint ventures are not optional. They are leverage. And leverage done properly changes everything.

🎧 How Joint Venture Splits Actually Work (And Why Most Investors Get It Wrong) – Part 1 Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Today's episode was sparked by a listener email from a newer investor navigating their first real joint venture conversation… and realizing they couldn't confidently explain how the profit splits actually work. If you've ever hesitated when someone asked, "Wait… how does this really work?" — this episode is for you. Wayne breaks down: How joint venture profit splits actually work What happens at sale What happens during refinances How cash flow is typically handled The biggest misconception new investors (and their spouses) have Why understanding this deeply changes your confidence in JV conversations And yes… this is Part 1. We're continuing tomorrow. 🧠 What You'll Learn in This Episode The 3 profit centers in a joint venture: cash flow, refinance proceeds, and sale proceeds Why the capital partner does NOT split their original investment 50/50 How equity is treated when a property is sold Two different ways to handle refinance proceeds Why Wayne prefers returning capital before taking profits The difference between greed vs long-term wealth building How to explain risk properly to potential JV partners Why cash flow is your storm protection strategy 👥 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. 💡 Resources & Contact Learn about our Mentorship Program: www.reimasters.ca Bookkeeping & tax help: www.finngo.com/rei Submit a question: info@reimorningshow.com 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 🔗 Facebook 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 🔗 Facebook 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 keaton@kbmortgages.ca 🔗 Facebook 🏫 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: 🔹 Why Edmonton is one of Canada's strongest cash flow markets 🔹 The economic drivers shaping Edmonton's growth 🔹 How to analyze neighborhoods for cash flow and upside 🔹 The five main asset types and how they perform 🔹 Tenant selection strategies that protect your returns 🔹 How to buy rental properties that actually make money 👉 Learn more and register at: www.reimasters.ca Tomorrow: Part 2 — deeper dive into JV objections, risk conversations, and how to sell the opportunity properly. If you're currently having JV conversations, this might be the most important two-part series we've done in a while.

🎧 Three Things I Wish I Knew When I Started in Real Estate Investing (Gabby's Version) Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Back from a weekend full of soccer, snow, Family Day, and Costa Rica countdowns, today's episode took a powerful turn. Wayne shared his three lessons last week. Today was Gabby's turn. And if you're a newer investor, this one might hit harder than you expect. This wasn't about multifamily vs. single family. This wasn't about cap rates or BRRRRs. This was about mindset. Identity. Growth. And comparison. 🧠 What You'll Learn in This Episode Why tenant problems are not your personal responsibility How to separate empathy from business decisions Why growth requires a different version of you How discomfort builds confidence Why comparison silently kills momentum How social media is being used backwards by most investors Why staying in your own lane is the fastest way to reach your goals 1️⃣ This Is a Business — Their Problems Are Not Yours One of Gabby's biggest early lessons: "This is a business, and all the problems my tenants face are theirs, not mine." That doesn't mean you stop being empathetic. But it does mean: Their car breaking down is not your emergency. Their employer paying them late is not your financial burden. Their personal crisis does not override your systems. Early on, it's emotionally exhausting. You feel responsible. You question yourself. But here's the shift: You can care without carrying. If bending the rules benefits your business, do it strategically. If it doesn't? Stick to your systems. That's not cold. That's disciplined. 2️⃣ Growth Requires a Different Version of You This business will change you. If you want your portfolio to grow, you must grow. There is no way around it. Gabby shared something powerful: You must become comfortable being uncomfortable. Wayne reframed it: It's not about tolerating discomfort. It's about building confidence. Every uncomfortable decision: Builds proof Builds experience Builds healthy ego Builds certainty that you can handle hard things And once you've handled something a few times? It no longer rattles you. That anxiety you felt in year one? It barely registers in year five. Not because you're hardened. Because you're stronger. 3️⃣ Comparison Is the Killer of Success This was the mic-drop moment. "Comparison is the killer of success." In today's world, this is harder than ever. Social media: Shows highlight reels Shows "100 doors in 12 months" Shows "3 properties in 3 weeks" Shows everyone "winning" But here's what happens when you compare: Your confidence erodes Your motivation drops Your happiness declines You forget your own goals You start driving someone else's route. And that's when you hit the ditch. Stay in your lane. If your goal is 3 rental properties, own that. If your goal is 30, own that too. "Only" and "small" are comparative words. If you stopped comparing, your goals would feel sufficient. 🚫 Social Media Is Being Used Backwards Most people use social media to compare. But it's actually a marketing tool. You're not supposed to log on to measure yourself against others. You're supposed to: Share your confidence Share your journey Market your belief in yourself Instead, most people: Scroll Compare Doubt Shrink It's backwards. Use it to build your brand, not destroy your confidence. 🎯 The Real Mentorship Lesson The tactical stuff? Deal analysis Financing structures BRRRRs Market data That's easy. The hard part? Helping someone rediscover the confidence they lost years ago. The belief. The "I can do this." Because that's what determines who endures. And endurance is rare. 👥 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. 💡 Resources & Contact Learn about our Mentorship Program: www.reimasters.ca Bookkeeping & tax help: www.finngo.com/rei Submit a question: info@reimorningshow.com 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 keaton@kbmortgages.ca 🏫 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: 🔹 Why Edmonton is one of Canada's strongest cash flow markets 🔹 The economic drivers shaping Edmonton's growth 🔹 How to analyze neighborhoods for cash flow and upside 🔹 The five main asset types and how they perform 🔹 Tenant selection strategies that protect your returns 🔹 How to buy rental properties that actually make money 👉 Learn more and register at: www.reimasters.ca If you take one thing from today: Write this down. Comparison is the killer of success. Stay in your lane. Build your confidence. And endure.

🎧 I Was Doing It All Wrong When I Started in Real Estate Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier When I first got started in real estate investing, I thought I was doing everything right. I worked overtime. I saved aggressively. I said yes to every extra shift. I tried to do it all myself. And for a while… it worked. But I was moving slowly. I was stressed. And I was building the wrong way. In today's episode, I break down exactly what I did when I started, where I went wrong, and the mindset shift that completely changed the trajectory of our portfolio. 🧠 What You'll Learn in This Episode What I focused on when we bought our first rental Why saving alone is not a scalable strategy The mistake I made trying to do everything myself When I realized joint ventures were inevitable How seller financing changed everything Why people didn't trust us at first The real key to building trust and credibility The mindset shift that eliminated fear of judgment   👥 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. 💡 Resources & Contact Learn about our Mentorship Program: www.reimasters.ca Bookkeeping & tax help: www.finngo.com/rei Submit a question: info@reimorningshow.com 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 🔗 Facebook 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 🔗 Facebook 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 keaton@kbmortgages.ca 🔗 Facebook 🏫 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: 🔹 Why Edmonton is one of Canada's strongest cash flow markets 🔹 The economic drivers shaping Edmonton's growth 🔹 How to analyze neighborhoods for cash flow and upside 🔹 The five main asset types and how they perform 🔹 Tenant selection strategies that protect your returns 🔹 How to buy rental properties that actually make money 👉 Learn more and register at: www.reimasters.ca

🎧 3 Things I Wish I Knew When I Started Investing in Real Estate Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Today's episode was raw, real, and powerful. No leftover questions. No email backlog. Just an honest breakdown of the three biggest lessons Wayne wishes he had understood when he first started investing. If you're early in your journey — or even a few properties in — this one will hit. 🧠 What You'll Learn in This Episode Why letting emotions drive your investing decisions is dangerous The hidden risk of buying in your hometown "because it feels safer" Why what worked yesterday won't work tomorrow in real estate The uncomfortable truth about trusting advice in this industry Why motion beats perfection every single time A deep breakdown of house hacking and whether it's truly worth it Why joint ventures are inevitable if you want to scale How caring about what others think may be your biggest obstacle 👥 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. 💡 Resources & Contact Learn about our Mentorship Program: 👉 www.reimasters.ca Bookkeeping & tax help: 👉 www.finngo.com/rei Submit a question for the show: 📧 info@reimorningshow.com 📘 Get Wayne's Book: The 5% Rule™ – A Real Estate Cash Flow Test for Canadian Investors 👉 https://a.co/d/jdZaBXM 🏫 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: 🔹 Why Edmonton is one of Canada's strongest cash flow markets 🔹 The economic drivers shaping Edmonton's growth 🔹 How to analyze neighborhoods for cash flow and upside 🔹 The five main asset types and how they perform 🔹 Tenant selection strategies that protect your returns 🔹 How to buy rental properties that actually make money 👉 Learn more and register at: www.reimasters.ca 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 🔗 Facebook 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 🔗 Facebook 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 keaton@kbmortgages.ca 🔗 Facebook This episode was less about tactics and more about mindset. If you're circling the runway instead of landing the plane… it might be time to stop worrying about what people think and start moving. Because motion beats perfection. And joint ventures aren't optional if you want to scale. See you tomorrow morning at 6am MT.

🎧 Why I Walked Away From a "Great Deal" Strata Townhouse Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Today's episode is a real behind-the-scenes look at how an experienced investor evaluates risk, uncovers hidden problems, and knows when to walk away. Wayne breaks down a real strata townhouse deal in Edmonton that looked great on the surface but fell apart during due diligence. This is a masterclass in how not to get burned by condo documents, special assessments, and misunderstood risks. 🧠 What You'll Learn in This Episode Why "cheap" strata townhouses often come with hidden problems How special assessments really work (and how they can quietly kill a deal) The danger of interest-only condo loans and poorly managed reserve funds Why fixed-term leases with under-market rent can drastically change returns How to properly evaluate condo documents, bylaws, and meeting minutes The difference between investor risk and JV partner risk Why walking away is sometimes the smartest investing move 👥 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 air every weekday morning featuring real deals, coaching moments, and tactical investing advice you can actually use. 💡 Resources & Contact Learn about our Mentorship Program: www.reimasters.ca Bookkeeping & tax help for investors: www.finngo.com/rei Submit a question for the show: info@reimorningshow.com 📘 Get the Book The 5% Rule™ – A Real Estate Cash Flow Test for Canadian Investors 👉 https://a.co/d/jdZaBXM 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 keaton@kbmortgages.ca 🏫 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: Why Edmonton is one of Canada's strongest cash flow markets The economic drivers shaping Edmonton's growth How to analyze neighborhoods for cash flow and upside The five main asset types and how they perform Tenant selection strategies that protect your returns How to buy rental properties that actually make money 👉 Learn more and register at: www.reimasters.ca

🎧 How to Assess a Condo Townhouse | Strata Due Diligence for Investors Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Today's episode was a full masterclass on how to properly assess a condo or strata townhouse before buying. Triggered by a listener question, Wayne breaks down the real-world due diligence process investors need to follow to avoid bad surprises, special assessments, and poorly managed condo corporations. This is an episode you'll want to save, bookmark, and share with anyone considering condo or townhouse investing. 🧠 What You'll Learn in This Episode What condo (strata) fees actually cover and why they aren't "good" or "bad" on their own How to tell the difference between low fees due to good management vs mismanagement Why walking the complex is a critical first step before reviewing documents How condo boards, bylaws, and enforcement directly impact property values What condo documents really matter and what each one tells you The role of estoppel certificates, financial statements, and insurance certificates Why meeting minutes are one of the most important (and most overlooked) documents How reserve fund studies work and how to spot future special assessment risk Why hiring a professional condo doc review company is worth the cost How experienced investors find opportunity where others get scared away 👥 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 investor questions, coaching moments, and practical investing education. 💡 Resources & Contact Learn about the REI Masters Mentorship Program: www.reimasters.ca Bookkeeping & tax help for investors: www.finngo.com/rei Submit a question for a future episode: info@reimorningshow.com 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 keaton@kbmortgages.ca 🏫 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: Why Edmonton is one of Canada's strongest cash flow markets The economic drivers shaping Edmonton's growth How to analyze neighborhoods for cash flow and upside The five main asset types and how they perform Tenant selection strategies that protect your returns How to buy rental properties that actually make money 👉 Learn more and register at: www.reimasters.ca

🎧 Edmonton Market Shift Creates New Investor Opportunities | January 2026 Update with Calvin Hexter Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Markets change. Smart investors adapt. In today's episode, Wayne and Gabby break down what shifting conditions in Edmonton's rental and real estate markets actually mean for investors who are paying attention. While headlines focus on rising vacancies and changing dynamics, this episode reframes the conversation around opportunity, preparation, and long-term strategy. Later, investor-focused Realtor Calvin Hexter joins the show with January 2026 Edmonton real estate stats to help investors understand where momentum is building, where pricing is stabilizing, and how to position yourself heading into the spring market. This episode is about learning how to win in any market cycle. 🧠 What You'll Learn in This Episode Why changing rental conditions can actually favor prepared investors How market cycles create buying opportunities most people miss What rising inventory means for negotiation power and deal selection How to position your rentals to stay competitive and attract quality tenants Why strong cash flow matters most when markets normalize January 2026 Edmonton real estate stats and what they signal for spring Where demand is increasing across different asset types How buyers and sellers can both succeed in a balanced market 🏘️ Edmonton Rental Market: A Reset, Not a Problem Wayne explains that Edmonton's rental market is shifting from an unusually tight period back toward balance — something experienced investors expect and plan for. Key takeaways: Balanced rental markets reward good operators Well-priced, well-presented rentals still perform strongly Cash-flow-focused investors gain resilience and flexibility Long-term investors benefit most during normalization periods Gabby shares proactive landlord strategies that thrive in competitive environments: Smarter pricing based on real market data Improving listings to stand out visually and emotionally Responding faster and removing friction for good tenants Treating leasing like a business, not a favor 📊 January 2026 Edmonton Real Estate Market Stats (with Calvin Hexter) Condo apartment values showing strong upward momentum Increased inventory creating more choice for buyers Days on market rising, offering better negotiation windows Multiple-offer scenarios still present in high-demand areas Market conditions trending toward balance — historically ideal for investors Calvin breaks down how: Buyers gain leverage without losing momentum Sellers can succeed with proper pricing and preparation Investors can align acquisitions with long-term cash flow goals 🏫 Edmonton Real Estate Investing Course Thinking about investing in Edmonton or scaling your portfolio strategically? Our 8-week Edmonton Real Estate Investing Course gives you a clear blueprint to invest with confidence, including: Why Edmonton remains one of Canada's strongest cash flow markets The economic drivers supporting long-term growth How to analyze neighborhoods for both stability and upside The five main asset types and how they perform in different cycles Tenant strategies that protect cash flow How to buy rental properties that work in any market 👉 Learn more and register at: www.reimasters.ca 👥 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. 💡 Resources & Contact Learn about our Mentorship Program: www.reimasters.ca Bookkeeping & tax help: www.finngo.com/rei Submit a question for the show: info@reimorningshow.com 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 keaton@kbmortgages.ca

🎧 Buying Off-Market Properties Without Getting Burned Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Buying off-market properties can feel intimidating, especially if you're used to the comfort and structure of MLS transactions. In today's episode, Wayne and Gabby walk through exactly how off-market purchases work, what actually changes when there's no realtor involved, and how investors can protect themselves legally and financially. The conversation also expands into broader investing lessons, including why simple, boring deals often outperform flashy strategies, how the age and structure of a property impacts long-term value, and why many investors overcomplicate their path to wealth. Wayne shares candid insights on scaling, bandwidth, and the real reason experienced investors prioritize ease and repeatability over "home run" deals. 🧠 What You'll Learn in This Episode How buying off-market properties compares to buying through the MLS What stays the same in the purchase process and what changes without a realtor The biggest risks investors face in off-market deals and how to avoid them How negotiation changes when you're dealing directly with a seller Why trust (or lack of it) can make or break an off-market transaction Common contract and deposit mistakes investors make when no agent is involved Where deposits should be held and why giving money directly to a seller is risky Timing pitfalls around inspections, financing, lawyers, and possession dates Why experienced investors prefer simple, scalable deals over flashy strategies How a property's age, structure, and remaining lifespan affect long-term value 👥 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. 💡 Resources & Contact Learn about our Mentorship Program: www.reimasters.ca Bookkeeping & tax help: www.finngo.com/rei Submit a question: info@reimorningshow.com 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 🔗 Facebook 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 🔗 Facebook 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 keaton@kbmortgages.ca 🔗 Facebook 🏫 Edmonton Real Estate Investing Course – Hosted by Wayne & Gabby Hillier 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: 🔹 Why Edmonton is one of Canada's strongest cash flow markets 🔹 The economic drivers shaping Edmonton's growth 🔹 How to analyze neighborhoods for cash flow and upside 🔹 The five main asset types and how they perform 🔹 Tenant selection strategies that protect your returns 🔹 How to buy rental properties that actually make money 👉 Learn more and register at: www.reimasters.ca

🎧 How Much Income Do You REALLY Need to Qualify for a Mortgage? Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier This morning's episode gets real about mortgage qualification — and why so many investors hit a wall even when they "make good money." Investor-focused mortgage broker Keaton Kirkwood joins us to break down the actual math behind qualifying for rental properties in Canada, using real Edmonton examples. We talk surplus income, car payments, lender differences, and why small decisions can make or break your ability to build a portfolio. If you've ever asked yourself "Why won't the bank approve me?" — this episode answers it. 🧠 What You'll Learn in This Episode How much gross income you actually need to qualify for a rental property Why lenders focus on surplus income, not just salary The hidden impact of car payments, rent, and personal debt Why a $150/month difference can decide if you build a portfolio or not How different lenders treat non-subject rental properties Why many high-income earners still can't qualify The importance of using an investor-focused mortgage broker 👥 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, joint ventures, flips, and creative real estate strategies. New episodes every weekday morning featuring real coaching conversations, market insights, and tactical investing advice. 💡 Resources & Contact Learn about the REI Masters Mentorship Program: www.reimasters.ca Bookkeeping & tax help for real estate investors: www.finngo.com/rei Submit a question for the show: info@reimorningshow.com 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 keaton@kbmortgages.ca 🏫 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: Why Edmonton is one of Canada's strongest cash-flow markets The economic drivers shaping Edmonton's growth How to analyze neighborhoods for cash flow and upside The five main asset types and how they perform Tenant selection strategies that protect your returns How to buy rental properties that actually make money 👉 Learn more and register at: www.reimasters.ca

🎧 The Power of Community & Networking in Real Estate Investing Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Building wealth in real estate is not a solo sport. In today's episode, Wayne and Gabby break down why community and networking are "rocket fuel" for your growth as an investor, and how surrounding yourself with the right people helps you move faster, make better decisions, and stop second-guessing everything. You'll also hear a live networking exercise you can copy today to start building your investor circle. Special guest Patrick Mooney joins the show to share how networking helped accelerate his investing journey, plus details on the Edmonton Real Estate Investor Meetup happening this weekend. 🧠 What You'll Learn in This Episode Why trying to do real estate alone slows you down The real value of community (support, confidence, resources, momentum) A simple networking exercise to meet investors instantly How to break the ice and stop feeling awkward at events Why networking works best when you're not showing up with an agenda How meetups help you learn faster by seeing real deals and real results How to use "coffee chats" (in-person or Zoom) to build your investing circle 👥 Special Guest Patrick Mooney is an Edmonton-based real estate investor focused on long-term buy-and-hold strategies and projects that require light improvements. He is the co-host of the Edmonton Real Estate Investor Meetup, a free monthly event designed to create a safe, welcoming space for investors at all stages to connect, learn, and grow. 📍 Edmonton Real Estate Investor Meetup (This Weekend) Saturday, February 7 | 12:00 PM – 2:00 PM Hosted at a recently completed fix-and-flip with a full walkthrough and lessons learned Search Facebook for "Edmonton Real Estate Investor Meetup" to register 👥 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. 💡 Resources & Contact Learn about our Mentorship Program: www.reimasters.ca Bookkeeping & tax help: www.finngo.com/rei Submit a question: info@reimorningshow.com 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 🔗 Facebook 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 🔗 Facebook 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 keaton@kbmortgages.ca 🔗 Facebook 🏫 Edmonton Real Estate Investing Course – Hosted by Wayne & Gabby Hillier Thinking about investing in Edmonton but not sure where to start, or maybe you're wondering if it's really the right market for you? Edmonton is quickly becoming one of Canada's top markets for real estate investors, and we're here to show you exactly how to make the most of it. Our eight-week online program gives you the blueprint to invest with confidence and build a strong cash-flowing portfolio in Edmonton, Alberta. In just eight weeks, you'll uncover: Why Edmonton's economic drivers are putting this city on the map The Edmonton advantage and what makes this market stand out from the rest A better understanding of the five different asset types and which perform the best How to analyze neighborhoods for cash flow and growth The secret to finding great tenants How to choose rental properties that actually make you money Whether you're brand new or looking to grow your portfolio, this program gives you the tools and strategies to succeed in the Edmonton market. 👉 Learn more and register at: www.reimasters.ca

Calgary Market Shifts & How to Scale Using Equity (Without Running Out of Money) Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Today's episode dives into two big topics investors are asking about right now: how to properly scale a portfolio using equity without over-leveraging, and what's actually happening in the Calgary real estate and rental markets heading into spring 2026. Wayne breaks down complex concepts in plain language, walks through real examples, and shares why "mastering your market" matters more than ever. 🧠 What You'll Learn in This Episode How equity really works (and why you're not "losing" money when you refinance) The difference between debt, equity, and net worth when scaling Step-by-step explanation of cash-out refinances vs HELOCs How one property can realistically turn into two, four, or eight over time Why debt servicing matters more than just appreciation Calgary's December market surprise and what it signals for 2026 Which Calgary property types are under the most pressure Why rents are falling and vacancy rates are rising What investors must do differently in a 5% vacancy market Why beginners should be cautious in Calgary right now How experienced investors find opportunity when others hesitate 📊 Calgary Market Snapshot (Key Takeaways) December 2025 briefly showed seller-market conditions due to low supply Average Calgary home price down ~3.2% year over year Condos hit hardest with ~6.6% price decline Average rent now around $1,875 Vacancy rate hovering near 5% Heavy new construction continues to pressure rents Market is increasingly neighborhood, price-point, and asset-type specific Bottom line: Calgary is no longer a market for "spray and pray" investing. Precision matters. 🎯 Wayne's Core Message Real wealth isn't built by guessing the market top or bottom. It's built by: Understanding leverage properly Operating rentals like businesses Managing risk with systems and cash flow Becoming a true expert in your chosen market Most investors miss opportunities not because they aren't smart, but because they don't know what to look for yet. 👥 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, joint ventures, flips, and creative real estate strategies. New episodes air every weekday morning featuring real deals, real coaching, and real market insight. 💡 Resources & Contact Learn about the REI Masters Mentorship Program: 👉 www.reimasters.ca Investor bookkeeping & tax support: 👉 www.finngo.com/rei Submit a question for the show: 📧 info@reimorningshow.com 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting 🌐 www.finngo.com/rei 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 keaton@kbmortgages.ca 🏫 Edmonton Real Estate Investing Course Thinking about investing in Edmonton but not sure where to start? Our 8-week Edmonton Real Estate Investing Course walks you through: Why Edmonton remains one of Canada's strongest cash-flow markets Economic drivers shaping long-term growth How to analyze neighborhoods properly The five main asset types and how they perform Tenant selection strategies that protect returns How to buy rentals that actually make money 👉 Learn more and register at: www.reimasters.ca

🎧 Calories In, Cash Flow Out: The Math Behind Health, Wealth, and Smarter Investing Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Today's episode started unscripted and turned into a deep dive on something that affects every investor: understanding the math behind decisions. Wayne continued yesterday's conversation on health, calories, and discipline, then tied it directly into cash flow, risk, and profitability in real estate investing. This episode is about stopping the guesswork, understanding the rules of the game, and making intentional decisions in both your personal life and your rental portfolio. 🧠 What You'll Learn in This Episode Why most people are "winging it" with money, health, and investing Calories in vs calories out and why you can't outwork bad inputs Why tracking numbers beats motivation every time The real math behind cardio, weight loss, and sustainable habits How "cash flow = safety" in real estate investing Practical ways to reduce expenses and increase cash flow in rentals Why proactive maintenance saves more money than reactive repairs How small decisions compound into massive long-term outcomes 👥 About Your Hosts Wayne & Gabby Hillier are full-time real estate investors and coaches based in Edmonton, Alberta, Canada. Through the 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. 💡 Resources & Contact Learn about our Mentorship Program: www.reimasters.ca Bookkeeping & tax help for investors: www.finngo.com/rei Submit a question for the show: info@reimorningshow.com 📘 Get the book: The 5% Rule™ – A Real Estate Cash Flow Test for Canadian Investors https://a.co/d/jdZaBXM 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 🔗 Facebook 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 🔗 Facebook 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 keaton@kbmortgages.ca 🔗 Facebook 🏫 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: 🔹 Why Edmonton is one of Canada's strongest cash flow markets 🔹 The economic drivers shaping Edmonton's growth 🔹 How to analyze neighborhoods for cash flow and upside 🔹 The five main asset types and how they perform 🔹 Tenant selection strategies that protect your returns 🔹 How to buy rental properties that actually make money 👉 Learn more and register at: www.reimasters.ca

Understanding the Math Behind Health and Real Estate Wealth Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Most people believe progress comes from motivation, discipline, or finding the "right" program. In reality, progress comes from understanding the math. In today's episode, Wayne breaks down how the same simple math principles apply to health, weight loss, and real estate investing, and why ignoring the numbers keeps people stuck for years. This is a practical, no-fluff conversation about systems, discipline, delayed gratification, and why simplicity often exposes the real problem. 🧠 What You'll Learn in This Episode Why simplicity is confronting but necessary The basic math behind weight loss and calorie deficits Why you can't outwork a bad diet How real estate wealth follows the same compounding math Why most investors quit before results show up The danger of chasing instant gratification How systems beat motivation every time Why understanding the numbers removes excuses 👥 About Your Hosts Wayne & Gabby Hillier are full-time real estate investors and coaches based in Edmonton, Alberta, Canada. Through the REI Masters Mentorship Program, they help Canadians build long-term wealth using rental properties, BRRRRs, joint ventures, and creative real estate strategies. 🎙 New episodes every weekday morning featuring real coaching moments, real numbers, and real investor lessons. 🏫 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: Why Edmonton is one of Canada's strongest cash flow markets The economic drivers fueling long-term growth How to analyze neighborhoods properly The five main asset types and how they perform Tenant selection strategies that protect your returns How to buy rental properties that actually make money 👉 Learn more and register at: www.reimasters.ca 💡 Resources & Contact 📘 Learn about the REI Masters Mentorship Program: www.reimasters.ca 📊 Investor bookkeeping & tax help: www.finngo.com/rei 📩 Submit a question for the show: info@reimorningshow.com 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting 🌐 www.finngo.com/rei 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 keaton@kbmortgages.ca

🎧 Taxes, Deductions & Getting Ready for 2025 Filing Season Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier With tax season right around the corner, today's episode dives deep into what real estate investors need to know before they hand anything off to their accountant. Wayne & Gabby are joined by Steve Tsonev, Managing Partner at Finngo Bookkeeping & Tax, to break down preparation, deductions, common mistakes, and how to make tax season way less stressful. If you own rental properties, are filing your first return with rental income, or just want clarity on what's deductible and what's not — this episode is a must-listen. 🧠 What You'll Learn in This Episode When real estate investors should start preparing for personal and corporate tax filings The most common rental property expenses investors forget to include How Finngo's checklist and client portal simplify tax prep What's deductible vs. capitalized for rental properties Vehicle expenses, mileage tracking, and CRA expectations How home office expenses apply to rental properties First-time home buyer tax credits and what documentation is required Cash-for-keys payments — when they are deductible and when they're not Why working with an investor-focused accountant matters 👥 About Your Guest Steve Tsonev is the Managing Partner at Finngo Bookkeeping & Tax, one of Canada's leading investor-focused accounting firms. Steve specializes in working with real estate investors, business owners, and corporations across Canada, helping them reduce tax liability, stay compliant, and build long-term wealth through smart tax strategy and systems. 👥 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, joint ventures, flips, and creative real estate strategies. 🎙 New episodes every weekday morning featuring real investor stories, coaching moments, and tactical advice. 💡 Resources & Contact Learn about the REI Masters Mentorship Program: 👉 www.reimasters.ca Investor-focused bookkeeping & tax help: 👉 www.finngo.com/rei Submit a question for the show: 📧 info@reimorningshow.com 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 keaton@kbmortgages.ca   🏫 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: 🔹 Why Edmonton is one of Canada's strongest cash flow markets 🔹 The economic drivers shaping Edmonton's growth 🔹 How to analyze neighborhoods for cash flow and upside 🔹 The five main asset types and how they perform 🔹 Tenant selection strategies that protect your returns 🔹 How to buy rental properties that actually make money 👉 Learn more and register at: www.reimasters.ca/edmonton 

🎧 When a Seller Accepts… Then Backs Out | Early Lease Renewals | Rental Property Taxes Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Today's episode kicks off with a real-world deal story that most investors will never experience: an offer accepted below list price, no counter… and then suddenly pulled back. Wayne breaks down exactly what happened, how it was handled, and the lessons investors need to take away when navigating fast-moving deals, multiple parties, and verbal acceptances. From there, the show moves into several high-impact listener questions covering lease renewals, common-law relationships, agreements for sale, and how to properly think about taxes when analyzing rental properties. 🧠 What You'll Learn in This Episode What it means when a seller accepts an offer without countering, and why it can be a red flag How to handle verbal acceptances, signing authority, and messy estate situations Why speed matters when a property checks all your boxes The right timing and process for sending early lease renewal offers to tenants How common-law relationships can impact real estate ownership and risk Whether you can assign an Agreement for Sale to a joint venture partner When a Power of Attorney is useful (and when it is not) Why taxes should not be deducted from cash flow in deal analysis The biggest misconception investors have about paying tax on rental income 👥 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. 💡 Resources & Contact Learn about our Mentorship Program: www.reimasters.ca Bookkeeping & tax help (investor-focused): www.finngo.com/rei Submit a question for the show: info@reimorningshow.com 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 🔗 Facebook 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 🔗 Facebook 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 keaton@kbmortgages.ca 🔗 Facebook 🏫 Edmonton Real Estate Investing Course – Hosted by Wayne & Gabby Hillier 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: Why Edmonton is one of Canada's strongest cash flow markets The economic drivers shaping Edmonton's growth How to analyze neighborhoods for cash flow and upside The five main asset types and how they perform Tenant selection strategies that protect your returns How to buy rental properties that actually make money 👉 Learn more and register at: www.reimasters.ca

🎧 A Rental Property That Never Appreciated (And Still Made $200,000) Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Today's episode is a masterclass in understanding how real money is actually made in real estate, even when appreciation never shows up. Wayne walks through a real Edmonton property that hasn't increased in value in eight years, yet still produced over $200,000 in total profit through forced equity, mortgage paydown, and cash flow. The conversation challenges common investor myths, breaks down the math most people never run, and explains why timing, market mastery, and education matter more than hype or hope. 🧠 What You'll Learn in This Episode Why appreciation is never guaranteed and should not be your strategy A real Edmonton suited-house deal that never went up in value How $95,000 in forced equity was created through renovation Why that same property produced $105,000 in profit over eight years anyway How a perfect BRRRR returned 100% of invested capital Why the deal produced an infinite ROI after refinancing How market timing made this deal possible (and why it no longer works today) Why most investors drastically overestimate or underestimate returns The danger of copying past strategies without understanding today's market Why mastering your local market is non-negotiable How education and repetition create confidence and better decisions 👥 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, joint ventures, fix and flips, and conservative cash-flow-first investing strategies. New episodes air live every weekday morning at 6:00 AM MT, offering free coaching, real deal breakdowns, and unfiltered investing education. 💡 Resources & Contact Learn about the REI Masters Mentorship Program: www.reimasters.ca Mortgage guidance for investors: www.kbmortgages.ca 📧 keaton@kbmortgages.ca Bookkeeping & tax support for investors: www.finngo.com/rei Submit a question for the show: info@reimorningshow.com 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Mortgage Brokers 🌐 www.kbmortgages.ca 📧 keaton@kbmortgages.ca 🏫 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: Why Edmonton is one of Canada's strongest cash flow markets The economic drivers shaping Edmonton's growth How to analyze neighborhoods for cash flow and upside The five main asset types and how they perform Tenant selection strategies that protect your returns How to buy rental properties that actually make money 👉 Learn more and register at: www.reimasters.ca