🎧 Is It Too Late to Start Investing at 63? + Toronto’s New Rental Renovation License Bylaw
Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier

Today’s episode dives into two big conversations that matter for Canadian real estate investors. First, we answer a listener’s powerful question: “Am I too late to start investing at 63?” We break down the math, the risks, and the realities of starting later in life — plus strategies to safely supplement retirement using rental properties.

Then, we turn our attention to Toronto’s brand-new Rental Renovation License Bylaw. This sweeping regulation is aimed at stopping renovictions, but it places major costs, restrictions, and penalties on landlords. We unpack what the bylaw means, the rights it gives tenants, and why Ontario remains one of the most difficult provinces for landlords.

🧠 What You'll Learn in This Episode

• Whether it’s realistic to start building a rental portfolio in your 60s

• How cash flow, equity, and timelines affect retirement-focused investing

• Why four rental properties may or may not be enough for retirement income

• The difference between mentorship vs. coaching when it comes to investing support

• Why Ontario’s new bylaw penalizes good landlords along with bad ones

• What the $700 per-unit license, tenant rights, and penalties mean for Toronto investors

• The long-term risks of investing in provinces that don’t support landlords

• Why Alberta continues to be the most landlord-friendly market in Canada

👥 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
🏠 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 Firm
🌐 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

Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier

Most people live life on autopilot—following the same path, making the same choices, and ending up in the same place year after year. In today’s episode, Wayne and Gabby dive deep into the pivotal moments that truly change the trajectory of your life and your investing journey. From quitting jobs, to homeschooling decisions, to chance encounters that led to lifelong partnerships—this episode will push you to rethink whether you’re actually steering your life, or just drifting downstream.

This is about courage, control, and the reality that not making a decision is still a decision. If you’ve ever felt stuck in your job, your routine, or your investing path, this episode may just be your wake-up call.

• Why most people stay “floating in the river” and never take control of their future

• The difference between subconscious autopilot choices and conscious life-changing ones

• How Wayne & Gabby made the bold decision to homeschool their daughter in just 15 minutes

• Real stories from listeners about life-altering moves that changed everything

• The concept of “Nexus events” (Marvel fans will love this!) and how they apply to real estate and life

• Why fear of the unknown keeps investors stuck—and how to push past it

• How to use pivotal moments to redirect your real estate investing journey

• The secret sauce to success: making firm, final decisions and following through

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.

Learn about our Mentorship Program: www.reimasters.ca
Bookkeeping & tax help: www.finngo.com/rei
Submit a question: info@reimorningshow.com

Get the 5% Rule™ book on Amazon: The 5% Rule™ – The Real Estate Cash Flow Test
Order Now → https://a.co/d/3Xrcnhw

🏠 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 Firm
🌐 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

Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier

Today’s episode dives into one of the most common questions real estate investors face: should you pay off your mortgages and enjoy the security of free-and-clear properties, or should you refinance, access equity, and reinvest to grow your portfolio? Wayne and Gabby share real-life examples, talk through the math, and discuss how different goals, stages of life, and investing mindsets affect the decision.

• Why investors struggle with the refinance vs. pay-off decision

• How equity can be “dead money” if it isn’t working for you

• The importance of calculating your return on equity (ROE)

• When refinancing makes sense and when it doesn’t

• The risks of overleveraging and how to avoid them

• The role of the 5% Rule™ cash flow test in protecting your portfolio

• Why cash flow matters more at different stages of life

• How lifestyle choices, mindset, and long-term goals shape your decision

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.

Learn about our Mentorship Program: www.reimasters.ca
Bookkeeping & tax help: www.finngo.com/rei
Submit a question: info@reimorningshow.com

Get the 5% Rule™ book on Amazon: The 5% Rule™ – The Real Estate Cash Flow Test
Order Now → https://a.co/d/3Xrcnhw

🏠 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 Firm
🌐 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