Renewing Tenants the Right Way: When to Raise Rent, When to Let Them Go | Real Estate Investing Canada | Alberta

🎧 Renewing Tenants the Right Way: When to Raise Rent, When to Let Them Go Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Today's episode is a real, behind-the-scenes look at what actually goes into renewing tenants. No scripts, no fluff—just the real conversations landlords need to have but often avoid. We break down the exact thought process we go through when leases are coming up, including how to decide whether to keep a tenant, raise rent, or move on. This is one of those episodes where the small decisions can cost you thousands—or make you thousands. If you own rental properties, this is a must-listen. 🧠 What You'll Learn in This Episode How to decide if a tenant is worth renewing or not Why market rent should drive your decisions—not emotions The biggest mistake landlords make with small rent increases How to handle tenants who can't afford higher rent anymore When it actually makes sense to take a vacancy The real cost of vacancies and why they matter more than you think How tenant behavior over 12 months tells you everything you need to know Why treating rentals like a business (not a favor) is critical to success 👥 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. 📅 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. This is not a theory-based workshop. You'll walk actual deals, see real numbers, and learn exactly what's working in today's market. One of the featured properties is a brand new investment model that Wayne has been developing for the past two years—something never seen before in Canada. You'll also tour properties from real REI Masters students with strong cash-flowing deals. 🎟️ Tickets are almost sold out. If it shows sold out, join the waitlist. 👉 www.reimasters.ca/edmontonbustour 🎤 EREIA Event – May 13 Wayne Hillier will be speaking live in Edmonton: "Fireside Chat with Wayne Hillier: REI Strategies To Pay Attention To In 2026" This is a deep dive into what's actually working right now in Alberta real estate—and what investors should be focusing on going forward. 🎟️ Get tickets here: https://www.meetup.com/revenue/events/314169150/?utm_medium=referral&utm_campaign=share-btn_savedevents_share_modal&utm_source=link&utm_version=v2 💡 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

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