Fixed-Term vs. Month-to-Month Leases in Alberta – What Every Investor Must Know | Real Estate Investing Canada

🎧 Fixed-Term vs. Month-to-Month Leases in Alberta – What Every Investor Must Know Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Today's episode tackles one of the most misunderstood landlord topics in Alberta: fixed-term leases versus month-to-month tenancies. Many investors let leases lapse into month-to-month without realizing the risks, and it can cost them big. Wayne and Gabby break down the differences, share a messy real-life tenant situation, and explain why month-to-month is "the song that never ends" for landlords. If you're investing in Alberta, this is a must-listen before you hand over your next set of keys. 🧠 What You'll Learn in This Episode Why fixed-term leases protect landlords and month-to-month exposes them to risk The common misconceptions about flexibility and control with periodic tenancies A real investor's story about tenant disputes, renovations, and basement access What the Residential Tenancies Act really says about rent increases and renewals The dangers of auto-deposit rent payments when leases expire Why you should never default into month-to-month as an Alberta landlord How to properly handle lease termination agreements and security deposits The importance of written agreements and clear communication with tenants 👥 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] 🤝 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