Should You Buy Your First Property Before Traveling Our Advice for New Investors | Real Estate Investing Canada | Alberta episode artwork

EPISODE · Dec 1, 2025 · 1H 6M

Should You Buy Your First Property Before Traveling Our Advice for New Investors | Real Estate Investing Canada | Alberta

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

🎧 "Should You Buy Your First Property Before Traveling? Our Advice for New Investors" Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier This episode dives into a powerful listener question from Nick, a new investor living in an expensive mountain town who wants to buy his first property and travel the world. We unpack the realities of out-of-town investing, managing rentals remotely while abroad, and whether you should buy your first home—or buy an investment property instead. We also get real about what it actually takes to escape the 9–5, including the sacrifices, expectations, and mindset needed to build a long-term rental portfolio that supports your dream life. This is one of the most honest and motivating conversations we've had about getting started the right way. 🧠 What You'll Learn in This Episode Why feeling overwhelmed as a new investor is completely normal Whether you should buy in your hometown or invest out-of-town How to manage rental properties remotely—even while traveling overseas Why your 20s and 30s require sacrifice if you want financial freedom How much wealth you actually need to leave the 9–5 The importance of systems, remote management skills, and proper tenant processes Why your first property is about learning the game—not perfection What to prioritize when you have limited capital and big goals 👥 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 for real estate investors: www.finngo.com/rei Submit a question for the show: [email protected] Grab Wayne's new book The 5% Rule™ – A Real Estate Cash Flow Test for Canadian Investors 👉 https://a.co/d/7pDlPZh 🤝 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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Should You Buy Your First Property Before Traveling Our Advice for New Investors | Real Estate Investing Canada | Alberta

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This episode was published on December 1, 2025.

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