What Happens When a Rent to Own Buyer Can’t Close | Real Estate Investing Canada | Edmonton

May 29, 2025

🎧 What Happens When a Rent to Own Buyer Can’t Close | Real Estate Investing Canada | Edmonton
Real Estate Investing Morning Show – Hosted by Wayne & Gabby Hillier

In today’s episode, Wayne and Gabby share the full behind-the-scenes story of a Rent to Own deal that didn’t end the way they had hoped. From the initial setup and tenant selection, through pandemic challenges, delayed payments, and finally the tough decision to terminate the lease-option agreement, this is a raw, real-life case study that highlights the complexities of Rent to Own investing in Canada.

They also reflect on what investors can do to avoid situations like this—and how to balance compassion with accountability when working with tenant buyers.

🧠 What You'll Learn in This Episode

• How Rent to Own agreements are structured in Canada

• What happens when a tenant buyer fails to qualify at the end

• Key warning signs that a lease-option deal might not work out

• Why Gabby struggled with the decision to end the deal

• How to create safeguards and check-in systems for tenant buyers

• The role of joint venture partners in Rent to Own properties

• Why emotions, money, and timelines make these deals complex

• What’s next for the property—and how Wayne’s team will still profit

👥 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

📚 The 5% Rule™ – A Real Estate Cash Flow Test for Canadian Investors
Written by Wayne Hillier | Pre-order now on Amazon: https://a.co/d/6Uerldr

What if one simple rule could help you buy the right properties, avoid risky investments, and weather any storm in real estate?
In The 5% Rule™, real estate coach and Alberta investor Wayne Hillier introduces a simple but powerful framework for analyzing rental properties before you buy—so you can invest with confidence and protect your future cash flow.

📩 Submit a question for the show: [e-mail]

📱 Join the live show weekdays at 6:00 AM MT on Podbean.

📍 Upcoming Event – Red Deer Real Estate Investing Meetup

🗓 Friday, May 30, 2025 | 🕕 6:00 PM – 9:00 PM MDT
📍 17 Mitchell Avenue, Red Deer, AB T4N 0L3
🎤 Guest Speaker: Wayne Hillier
Come hang out with local investors and learn how to run the numbers, plan strategic renovations, and rent suites fast.
🔗 Register Now on Eventbrite

🤝 Thanks to Our Sponsors
🏠 Krystal Kromm – Red Deer Investor-Focused Realtor
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🏢 Calvin Realty – Edmonton Investor-Focused Realtor Team
🌐 calvinrealty.ca
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📊 Finngo Bookkeeping & Tax – Investor-Focused Accounting Firm
🌐 finngo.com/rei
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💼 Kirkwood & Brennan Mortgage Group – Investor-Focused Brokers
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🏗️ Calvert Home Mortgage Investment Corporation
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🆔 FSRAO License Numbers: 13267 and 13268