How to Build a Basement Suite With No Money (Sylvan Lake Edition) | Real Estate Investing Alberta

🎧 How to Build a Basement Suite With No Money (Sylvan Lake Edition) Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Today's episode dives deeper into a question many investors are asking right now: "Can I actually build a secondary suite with none of my own money?" Wayne and Gabby continue yesterday's conversation by breaking down real programs currently available in Alberta, specifically in Sylvan Lake, that could help investors fund basement suites using interest-free loans and grants. They also share real-world lessons from their own renovation project, including unexpected costs, delays, and why doing things properly matters more than doing them quickly. 🧠 What You'll Learn in This Episode How Sylvan Lake's Housing Accelerator Fund created real opportunities for investors The Secondary Suite Loan Program (up to $30,000 interest-free) How loan forgiveness works through affordability or accessibility The "Dollars for Doors" grant program (up to $15,000 per unit) Why these programs may be available to investors—not just homeowners Key deadlines and why timing matters (limited funding + expiry) Real renovation lessons: why projects go over budget and timeline How to think about funding deals creatively when you don't have capital 📅 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: [email protected] 🤝 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 📧 [email protected] 🔗 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 📚 Get the Book Get the 5% Rule™ book on Amazon: The 5% Rule™ – A Real Estate Cash Flow Test for Canadian Investors https://a.co/d/jdZaBXM