Should You Buy a House With a Basement Suite? | Real Estate Investing Canada | Edmonton

🎧 Should You Buy a House With a Basement Suite? Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier Every day, Canadian investors ask: "Should I buy a property with a basement suite?" Today's episode breaks it down — the pros, cons, math, risk, tenant issues, and real-world examples. We also tackle audience questions, including Infinite Banking, JV pitching energy, and how changing mortgage renewals will actually affect the market. This episode is PACKED. 🧠 What You'll Learn in This Episode Whether basement suites really increase cash flow the way investors think The actual math behind "two doors = more money" Why building a suite usually does NOT increase property value The #1 mistake new investors make with suited homes Real-life tenant issues: noise, mismatched lifestyles, turnover How to "match" tenants properly so suites run smoothly Why suited properties can be safer for beginners A brutally honest take on Infinite Banking Market outlook: mortgage renewals, variable rates, and what's actually likely Why enthusiasm matters when pitching joint ventures The difference between beginner math and investor math When to absolutely avoid adding a basement suite 👥 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 with real stories, coaching moments, and tactical investing advice. 💡 Resources & Contact ⭐ Wayne's New Book — The 5% Rule™ – A Real Estate Cash Flow Test for Canadian Investors Buy it here: https://a.co/d/7pDlPZh Learn about our Mentorship Program: www.reimasters.ca Bookkeeping & tax help for Canadian real estate investors: www.finngo.com/rei Submit a question for the live show: [email protected] 🤝 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 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