How We Built a Basement Suite with None of Our Own Money | Real Estate Investing Canada | Edmonton | Wayne Hillier

🎧 How We Built a Basement Suite with None of Our Own Money Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Today's episode breaks down a real deal from early in our investing journey where we built a legal basement suite without using any of our own money. We walk you through exactly how we combined a grant, a mortgage product, and short-term financing to cover a $65,000 renovation… and turned it into $100,000 in equity while improving cash flow at the same time. If you've ever felt stuck because you don't have access to capital, this episode will open your eyes to what's possible when you start thinking creatively. 🧠 What You'll Learn in This Episode How we built a basement suite using $0 of our own money The two programs we used to fund a $65,000 renovation How purchase plus improvements mortgages actually work How to use short-term financing (credit cards & LOCs) strategically Why early-stage investors feel "broke" even when they're doing everything right How adding a suite can turn a negative cash flowing property into a profitable one The importance of increasing property value beyond renovation cost Why you should be actively searching for grants and incentive programs in your market 📅 Upcoming Events 🚌 REI Masters Edmonton Real Estate Investing Bus Tour – May 16 Join Wayne & Gabby Hillier for a full-day, hands-on experience touring real investment properties across Edmonton. You'll see: Properties that actually cash flow Real BRRRR projects in action The exact types of deals discussed on this podcast This isn't theory. This is real estate investing in the field. ⚠️ Over 70% sold — limited to one bus 👉 Register here: www.reimasters.ca/edmontonbustour 🎤 Wayne Hillier Speaking at EREIA – May 13 Fireside Chat: REI Strategies To Pay Attention To In 2026 Wayne will break down: What's working right now in Edmonton Where the biggest opportunities are What investors should be paying attention to next 👉 Get tickets: https://www.meetup.com/revenue/events/314169150/?utm_medium=referral&utm_campaign=share-btn_savedevents_share_modal&utm_source=link&utm_version=v2 👥 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

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