🎧 Exit Strategies & First Steps for New Investors Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier

Today's episode tackles two big listener questions:

1. Do you ever hold properties forever, or should every property have a planned exit strategy?

2. What's the very first step a brand-new investor should take when they don't know where to start?

Wayne and Gabby break down how to think scientifically about property lifespans, capital expenditures, market timing, and joint venture agreements when considering whether to sell or hold long-term. They also provide five practical steps for new investors to confidently get started, including market research, analyzing rental demand, learning landlord/tenant laws, running the numbers, and understanding financing options.

🧠 What You'll Learn in This Episode

• How to evaluate whether to keep or sell a rental property long-term

• Why roofs, furnaces, hot water tanks, and windows matter to exit planning

• How joint venture timelines and mortgage qualification affect selling decisions

• The risks of buying older properties vs. brand-new ones

• Why real estate investing is a numbers game, not a guessing game

• The five essential first steps for brand-new investors

• How to separate flashy "get rich quick" pitches from proven strategies

• Why treating investing like a business leads to lasting success

👥 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: [email protected]

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 🔗 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