When Should You Sell a Bad Rental Property? | Real Estate Investing Canada

🎧 When Should You Sell a Bad Rental Property? Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier This morning's episode tackles one of the most uncomfortable questions investors face but rarely talk about honestly: when does it actually make sense to sell a rental property that isn't performing? Wayne breaks down why most investors panic-sell too early, how to evaluate a "bad" rental using math instead of emotion, and why buying right from day one usually eliminates this problem entirely. The episode also covers joint ventures, long-term thinking, and a listener question around rent increases on fixed-term leases in Alberta. 🧠 What You'll Learn in This Episode When selling a bad rental property actually makes sense Why most investors should not cut their losses if they bought correctly A real joint venture example that produced $150,000+ per partner in five years How to evaluate hold vs sell decisions using math, not emotion The role of mortgage paydown and cash flow in long-term outcomes When holding a negative-cash-flow property may still be the smarter move Why joint ventures are inevitable if you want to scale The thinking behind the Joint Ventures 30-Day Challenge Alberta rules on rent increases during fixed-term leases 👥 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, joint ventures, and creative real estate strategies. New episodes air live every weekday morning at 6:00 AM MT, featuring real investor questions, live coaching, and no-fluff education. 💡 Resources & Contact Learn about our Mentorship Program: www.reimasters.ca Mortgage guidance for investors: www.kbmortgages.ca 📧 [email protected] Bookkeeping & tax support: www.finngo.com/rei Submit a question for the show: [email protected] 🤝 Thanks to Our Sponsors 🏠 Calvin Realty – Edmonton Investor-Focused Realtor 🌐 calvinrealty.ca 📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm 🌐 www.finngo.com/rei 💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Mortgage Brokers 🌐 www.kbmortgages.ca 📧 [email protected] 🏫 Edmonton Real Estate Investing Course Thinking about investing in Edmonton but not sure where to start? Our 8-week Edmonton Real Estate Investing Course gives you a clear blueprint to invest with confidence, including: Why Edmonton is one of Canada's strongest cash flow markets The economic drivers shaping Edmonton's growth How to analyze neighborhoods for cash flow and upside The five main asset types and how they perform Tenant selection strategies that protect your returns How to buy rental properties that actually make money 👉 Learn more and register at: www.reimasters.ca