S4 Ep.11 | Double Down on Your Property: Secondary & Backyard Suites Explained

Have you ever heard of secondary and backyard suites? And what are they exactly? These options provide flexible living spaces and can boost the value of your property, all while adhering to local building regulations. Whether you're looking to keep family close or create a new income stream, these suites offer a smart, versatile solution. In this episode, Neal and Chandler will get down to the nitty-gritty of both of these options and take you on a deep dive into how they work as well as their advantages and disadvantages. Tune in now! Show notes:  1:02 - Introduction 3:02 - CBC article updates 8:10 - What are carbon credits? 16:03 - How AI is dominating in real estate (and the world) 27:22 - Is there still a housing shortage in Toronto? 29:19 - Why sometimes real estate data is a little bit inaccurate  38:35 -  Secondary and Backyard Suites  41:33 - Top three qualifications for forgivable loans in Nova Scotia  CHECK OUT OUR PATREON: www.patreon.com/masterkeyspodcast  The Master Keys Podcast is hosted by Neal Andreino and Chandler Haliburton, two top real estate agents in Nova Scotia, Canada. Neal and Chandler have each built sizable portfolios of investment properties and leverage their expertise to inform their clients as well as viewers. The podcast covers all things real estate from the first steps as a beginner all the way to expert skills for experienced investors. Please contact us with any questions or suggestions at [email protected]  FIND US ON INSTAGRAM - https://www.instagram.com/masterkeyspodcast/?hl=en  TIKTOK - https://www.tiktok.com/@masterkeyspodcast? FACEBOOK - https://www.facebook.com/Master-Keys-Podcast-110495988057336/ FIND NEAL ON: INSTAGRAM - https://www.instagram.com/remaxneal/?hl=en LINKEDIN - https://ca.linkedin.com/in/neal-andreino-90854b102 FIND CHANDLER ON: INSTAGRAM - https://www.instagram.com/tchandh/?hl=en LINKEDIN - https://ca.linkedin.com/in/t-chandler-haliburton-40a88468