Edmonton's Aging Properties & Convincing Your Spouse to Invest | Real Estate Investing Canada

🎧 Edmonton's Aging Properties & Convincing Your Spouse to Invest Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Today we're tackling two hot topics straight from our listener questions. First, we dive deep into the realities of Edmonton's aging housing stock — what it means if most of the 5% Rule™ properties you find are 50+ years old, how to assess long-term viability, and what to watch for with lenders, insurance, and redevelopment trends. Then, we address a challenge many investors face: persuading a spouse or partner to take on new mortgages when you're almost mortgage-free. We explore the difference between good debt and bad debt, how to reframe equity as a wealth-building tool, and practical strategies for building generational wealth without overexposing yourself to risk. 🧠 What You'll Learn in This Episode How Edmonton's Housing Accelerator Fund & MLI Select programs are changing the landscape for older homes The risks and opportunities of holding 50+ year-old properties for 30 years or more Lender and insurer considerations with aging buildings How to evaluate whether to buy newer vs. older homes in a cash flow market The difference between good debt and bad debt for real estate investors Why equity is like an untapped gold mine for wealth building How to invest borrowed equity safely using the 5% Rule™ and five fundamentals Mindset shifts to help your spouse or partner get on board with leveraging equity 👥 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: [email protected] Get the 5% Rule™ book on Amazon: The 5% Rule™ – The Real Estate Cash Flow Test → https://a.co/d/3Xrcnhw 🤝 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 📧 [email protected] 🔗 Facebook 🏗️ Calvert Home Mortgage Investment Corporation 📞 403-278-0249 📧 [email protected] 🆔 FSRAO License Numbers: 13267 and 13268