How to Increase Rental Property Profits by Reducing Vacancy | Wayne Hillier | Real Estate Investing Canada

🎧 How to Increase Rental Property Profits by Reducing Vacancy Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Most investors think they're buying assets. They're not. They're running a business. In today's episode, Wayne and Gabby break down one of the most overlooked (and expensive) parts of real estate investing… tenant behavior and vacancy. If you don't understand what tenants actually want, you're going to lose money — plain and simple. This episode dives deep into how to reduce turnover, increase tenant retention, and ultimately protect your returns. 🧠 What You'll Learn in This Episode Why real estate investing is a business, not just an asset play How vacancy quietly becomes one of your biggest expenses The true cost of tenant turnover (it's more than just lost rent) Why long-term tenants are the key to maximizing profitability The difference between amateur landlords and scalable systems How to choose properties tenants actually want to live in The ideal tenant profile for long-term stability and cash flow Real-world examples of what tenants look for in a rental property 📅 Upcoming Events 🚌 REI Masters Edmonton Bus Tour – Saturday, May 16th Join Wayne & Gabby Hillier for a full-day, hands-on experience touring real investment properties across Edmonton — properties that are actually cash flowing in today's market. 👉 You'll see real deals, real numbers, and real strategies in action 👉 Learn how to identify properties that attract long-term tenants and minimize vacancy 🎟️ Tickets: www.reimasters.ca/edmontonbustour 🎤 Fireside Chat with Wayne Hillier – EREIA Edmonton (May 13th) "REI Strategies To Pay Attention To In 2026" Wayne will be breaking down exactly what's working right now in Edmonton in 2026 and what serious investors should be paying attention to. 🎟️ 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 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers 🌐 www.kbmortgages.ca 📧 [email protected] 🏫 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