Multifamily Investing 101 + Red Deer Market Update with Krystal Kromm | Real Estate Investing Canada | Alberta episode artwork

EPISODE · Aug 5, 2025 · 1H 3M

Multifamily Investing 101 + Red Deer Market Update with Krystal Kromm | Real Estate Investing Canada | Alberta

from Real Estate Investing Morning Show ( REI Investment in Canada ) · host Wayne Hillier

🎧 Multifamily Investing 101 + Red Deer Market Update with Krystal Kromm Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier On today's episode, Wayne and Gabby are joined by Red Deer investor-focused realtor Krystal Kromm to cover everything you need to know before buying multifamily real estate. They also dive into the latest Red Deer market stats and share a live breakdown of what to do when a tenant abandons their unit mid-lease. This is a packed episode with practical advice, real-life landlord experience, and valuable education for anyone looking to scale their portfolio. 🧠 What You'll Learn in This Episode What to do if a tenant abandons your rental unit Why proving "abandonment" matters legally in Alberta How to mitigate your losses when a tenant skips out Real Red Deer market stats from July 2025 What makes multifamily investing different from single-family How multifamily financing works (DSCR, net worth, cap rates) Why down payments and closing costs are higher on commercial properties Key reports needed for 5+ unit purchases (ESA, inspections, appraisals) 👥 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 book → The 5% Rule: A Real Estate Cash Flow Test for Canadian Investors Order Now → 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.

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Multifamily Investing 101 + Red Deer Market Update with Krystal Kromm | Real Estate Investing Canada | Alberta

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This episode was published on August 5, 2025.

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