2 | Rental Properties: The Financial Reality Check

Guest: Felice Corcione, Mortgage Broker & Real Estate InvestorThinking about buying a rental property — or growing an existing portfolio — but feeling overwhelmed by the financial side of it?This episode is your reality check.Paula and Annie sit down with Felice Corcione, a local mortgage broker with over 14 years in the industry, a University of Lethbridge graduate, and an investor who owns 10+ rental properties of his own. Felice brings a rare perspective to the table: he doesn’t just arrange mortgages — he actively lives the long-term rental strategy he helps hundreds of clients implement every year.Together, they unpack what it actually takes to financially prepare for rental ownership, how lenders assess rental income, common mistakes first-time investors make, and how to think strategically about cash flow, appreciation, and risk in today’s market.No hype. No “get rich quick.” Just clear, practical guidance for anyone serious about rental real estate.Who is (and isn’t) ready to own rental propertyHow to financially prepare 1–3 years before buying a rentalDown payment expectations for rental propertiesHow lenders really look at rental incomeWhat changes as you move from one rental to multiple propertiesCash flow vs. appreciation — and why both matterThe true costs of owning and managing rentalsWhether now is a bad, good, or strategic time to investRental properties aren’t about hype or perfect timing — they’re about preparation, patience, and having the right strategy from day one.Felice Corcione403-973-6849felice@anytimeanywhere.cawww.mortgagesbycorcione.com