Should You Buy a House With a Basement Suite? | Real Estate Investing Canada | Edmonton
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Should You Buy a House With a Basement Suite? | Real Estate Investing Canada | Edmonton
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À propos de cet audio
Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier
Every day, Canadian investors ask: "Should I buy a property with a basement suite?"
Today's episode breaks it down — the pros, cons, math, risk, tenant issues, and real-world examples.
We also tackle audience questions, including Infinite Banking, JV pitching energy, and how changing mortgage renewals will actually affect the market.
This episode is PACKED.
🧠 What You'll Learn in This Episode-
Whether basement suites really increase cash flow the way investors think
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The actual math behind "two doors = more money"
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Why building a suite usually does NOT increase property value
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The #1 mistake new investors make with suited homes
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Real-life tenant issues: noise, mismatched lifestyles, turnover
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How to "match" tenants properly so suites run smoothly
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Why suited properties can be safer for beginners
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A brutally honest take on Infinite Banking
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Market outlook: mortgage renewals, variable rates, and what's actually likely
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Why enthusiasm matters when pitching joint ventures
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The difference between beginner math and investor math
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When to absolutely avoid adding a basement suite
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 with real stories, coaching moments, and tactical investing advice.
💡 Resources & Contact⭐ Wayne's New Book — The 5% Rule™ – A Real Estate Cash Flow Test for Canadian Investors
Buy it here: https://a.co/d/7pDlPZh
Learn about our Mentorship Program: www.reimasters.ca
Bookkeeping & tax help for Canadian real estate investors:
www.finngo.com/rei
Submit a question for the live show:
info@reimorningshow.com
🏠 Krystal Kromm – Red Deer Investor-Focused Realtor
(587) 377-8584 • Facebook
🏢 Calvin Realty – Edmonton Investor-Focused Realtor Team
calvinrealty.ca • Facebook
📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting
www.finngo.com/rei • Facebook
💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers
www.kbmortgages.ca • keaton@kbmortgages.ca • Facebook
🏗️ Calvert Home Mortgage Investment Corporation
403-278-0249 • info@chmic.ca
FSRAO License Numbers: 13267 and 13268