New Builds vs Existing Properties | Real Estate Investing Canada | Edmonton

🎧 New Builds vs Existing Properties | Real Estate Investing Canada | Edmonton Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Should you invest in a new build or an existing property? In today's episode, Wayne and Gabby answer a listener's question and break down the pros and cons of each — assuming the properties are the same price. They explore practical realities like rent-readiness, tenant maintenance, neighborhood dynamics, and financing issues so investors can make a more informed decision. This episode is packed with insights, especially for those looking to buy in Edmonton or other Canadian markets. 🧠 What You'll Learn in This Episode Why "rent-ready" timelines differ between new builds and resale homes Common maintenance and landscaping concerns in new subdivisions How tenant profiles may shift based on home age and finishes The financing issues older homes may face that new builds avoid Why construction dirt, dusty siding, and clogged filters are a real thing The hidden risks of relying on tenants to maintain new landscaping How to weigh long-term reliability vs. immediate cash flow Which factors matter most if both options cost the same 👥 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 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