Should You Buy a Starter Condo in Edmonton? | Real Estate Investing Canada | Alberta

🎧 Should You Buy a Starter Condo in Edmonton?
Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier

Sometimes the biggest thing holding you back from buying your next property is a problem you haven't said out loud yet. In today's episode, Wayne and Gabby open the floor to listener questions and work through the real barriers stopping investors from taking action. From risk management and cash flow stress testing to the pitfalls of bachelor condos, they share actionable strategies to help you buy the right property for the long term.

They also unpack a big question from Calgary — can you run a successful fix & flip in another city? You'll hear their real-world systems for managing renovations remotely, the risks most investors overlook, and the kind of local support you must have in place before you start swinging hammers from afar.

Plus, Wayne recaps one of the most jam-packed REI Masters coaching calls ever — covering everything from evictions to joint ventures, infinite banking, private lending, wholesaling, and more.

🧠 What You'll Learn in This Episode

• Why "starter" condos can be a risky first step in Edmonton

• How to stress test your rental property for long-term sustainability

• The 5% Rule™ as a cash flow safety check

• Where to find better ROI with lower risk for entry-level investors

• What it really takes to manage a flip remotely without losing control

• The importance of a reliable, on-call local team for renovations

• Creative deal analysis from a real 4-plex case study

• Key insights from an intense mentorship coaching session

👥 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: info@reimorningshow.com

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
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🏢 Calvin Realty – Edmonton Investor-Focused Realtor Team
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📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm
🌐 www.finngo.com/rei
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💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers
🌐 www.kbmortgages.ca
📧 keaton@kbmortgages.ca
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🏗️ Calvert Home Mortgage Investment Corporation
📞 403-278-0249
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🆔 FSRAO License Numbers: 13267 and 13268.