Jul 8, 2026
🎧 Adding $3,000+ In Monthly Cash Flow To Our Portfolio In Just 6 Months
How Wayne and Gabby used affordable Edmonton townhouses, strong systems and strategic partnerships to add significant monthly cash flow to their portfolio.
Over the last six months, Wayne and Gabby added five more rental properties to their portfolio.
Together, those properties now produce more than $3,000 per month in additional cash flow.
In today’s episode, they explain how they found these opportunities, why they continue buying Edmonton townhouses and how they were able to keep growing their portfolio without relying only on their own savings or mortgage qualification.
These were not complicated development projects or secret off-market deals.
They were affordable residential properties that were publicly available and purchased using traditional financing.
The difference was understanding the market, recognizing overlooked opportunities and knowing how to properly evaluate townhouse condominium corporations.
Wayne explains why many investors immediately reject properties with condominium fees.
Condo fees are not automatically good or bad.
The more important questions involve:
How the condominium corporation is managed
The strength of the reserve fund
The condition of major components
Upcoming repair and replacement schedules
Whether the current fees are sustainable
Whether the complex has a history of special assessments
Whether owners and tenants show pride in the property
A condominium complex with higher fees today may still be in a stronger long-term financial position than one with artificially low fees and an underfunded reserve.
Understanding how to review condo documents can help investors avoid bad properties while identifying opportunities that other buyers overlook.
Wayne and Gabby also explain why townhouse rentals can be attractive from a management perspective.
Many families want:
Multiple bedrooms
More privacy
A small yard
Their own entrance
No neighbours above or below them
Access to schools and family-friendly neighbourhoods
Properties that tenants genuinely want can be easier to rent, encourage longer tenancies and reduce turnover.
The episode also discusses why affordable properties can be powerful investments.
A lower purchase price can mean:
A smaller down payment
Easier mortgage qualification
A lower barrier to entry
Stronger cash flow relative to the investment
More opportunities to diversify across multiple properties
Wayne explains that one of the biggest advantages of Edmonton townhouses is that they remain accessible to everyday Canadian investors.
Not every investor has hundreds of thousands of dollars available for a major development project or large multifamily acquisition.
Affordable residential properties can allow more Canadians to begin building wealth without waiting years to save a massive amount of capital.
The episode then addresses one of the biggest challenges investors face when trying to scale.
Most people cannot continue saving enough money to purchase multiple properties on their own.
Even investors with strong incomes may eventually reach limits on the number of residential mortgages they can qualify for.
Wayne explains that partnerships can help solve both problems.
A real estate expert may contribute:
Deal sourcing
Market knowledge
Negotiation
Property analysis
Financing strategy
Due diligence
Tenant placement
Property-management systems
Long-term portfolio planning
A capital partner may contribute:
Down payment funds
Closing costs
Mortgage qualification
Financial strength
Together, the partners may be able to purchase properties that neither person would have pursued alone.
Wayne and Gabby explain that partnerships played a major role in growing their own portfolio.
They began by using personal savings, explored creative financing strategies and later began working with partners who had capital and mortgage qualification but lacked the time, experience or confidence to invest independently.
Cash flow is also discussed as a risk-management tool.
Wayne and Gabby do not treat rental cash flow as spending money.
They allow it to accumulate inside reserve accounts so their portfolio can withstand unexpected events such as:
Vacancies
Appliance replacements
Property repairs
Insurance deductibles
Tenant turnover
Weather-related damage
Major maintenance expenses
This became especially important after Edmonton experienced significant rainfall and flooding that affected several properties and delayed construction at one of their garden suite developments.
Strong cash flow does not prevent every problem.
It gives investors the financial capacity to handle problems without immediately contributing more personal money or being forced to sell.
The goal is not simply to own a large amount of real estate.
The goal is to build a portfolio that can remain profitable and sustainable for 15 to 20 years or longer.
Wayne also explains why investors should avoid chasing fast income from rental properties.
The cash flow generated today is designed to protect the portfolio and support long-term wealth creation.
Over time, investors may benefit from:
Growing rents
Mortgage principal reduction
Property appreciation
Stronger reserve accounts
Increased equity
Greater financial flexibility
The investment needs time to work.
Strong cash flow gives it that time.
🧠What You’ll Learn
How Wayne and Gabby added more than $3,000 in monthly cash flow
Why Edmonton townhouses are currently attractive investments
Why publicly listed properties can still produce strong returns
Why affordable properties lower the barrier to entry
Why townhouse rentals appeal to families
How tenant demand affects vacancy and turnover
Why condo fees should not automatically scare investors
How to evaluate a condominium corporation
Why reserve fund studies matter
How replacement schedules affect future condo fees
Why higher condo fees are not always a bad sign
How to identify strong and weak condominium complexes
Why not all townhouses are equal
How cash flow reduces portfolio risk
Why rental cash flow belongs in a reserve account
How reserve funds protect investors during unexpected events
Why Wayne and Gabby do not live from rental-property cash flow
Why long-term investing requires patience
How to build a portfolio designed to last
Why saving alone is not an effective scaling strategy
How partnerships solve the capital problem
How partners can help solve mortgage-qualification limits
What a real estate expert contributes to a partnership
What a capital partner may contribute
How Wayne and Gabby used partnerships to grow their portfolio
Why commercial financing is not always the best solution
Why residential properties may offer stronger financing terms
Why strong deals can still be ruined by poor due diligence
How systems reduce expenses and management demands
Why affordable rental properties remain accessible to ordinary Canadians
đź‘Ą About Your Hosts
Wayne & Gabby Hillier are Canadian real estate investors, entrepreneurs and real estate investing coaches based in Edmonton, Alberta.
Through REI Masters, they help Canadians identify strong investment opportunities, purchase profitable rental properties, evaluate condominiums, create property-management systems, raise capital and build sustainable long-term portfolios.
They host the Canadian Real Estate Investing Morning Show live every weekday morning, providing practical real estate education and free coaching for investors across Canada.
đź’ˇ Resources & Contact
Learn about the REI Masters Mentorship Program:
www.reimasters.ca
Get Wayne’s book:
The 5% Rule™ – A Real Estate Cash Flow Test for Canadian
Investors
https://a.co/d/jdZaBXM
Submit a question for the show:
info@reimorningshow.com
Watch the Canadian Real Estate Investing Morning Show live every weekday at 7:00 AM Mountain Time on YouTube.
UPCOMING EVENTS
Edmonton Garden Suites 101
Saturday, July 25, 2026
2:00 PM to 5:00 PM
Edmonton, Alberta
www.reimasters.ca/edmontongardensuites101
Learn how Edmonton homeowners and real estate investors can build cash-flowing garden suites, increase density and create additional equity from underutilized land.
REI Masters Edmonton Real Estate Investing Bus Tour
August 22, 2026
www.reimasters.ca/edmontonbustour
Tour real Edmonton investment properties, examine current opportunities and see the strategies Wayne and Gabby teach being used in the market.
🤝 Sponsors
Calvin Realty
calvinrealty.ca
Finngo Bookkeeping & Tax
www.finngo.com/rei
Kirkwood & Brennan Mortgage Group
www.kbmortgages.ca
keaton@kbmortgages.ca