Income Property

Dave and Lucia are planning a big wedding and they want to buy their first home. They're paying for it all on their own, so they need an income property to make it all work. Scott takes this young ambitious couple to see a classic bungalow, a side-split and a contemporary bungalow.

Sidra has sacrificed and saved. Now she's ready to invest all of it into an income property. With Sidra's father along for the ride, Scott shows them three very different investment strategies in the form of a purpose built duplex, an Edwardian semi-detached, and a renovated bungalow.

After attempting a career change, Joe fell into serious financial trouble. He needs to downsize to a smaller home with an income property so he can pay down his looming debts. Scott shows Joe and his brother a detached two-story home, a semi-detached bungalow, and a split-level duplex.

Nick and Karen are trying to start a family. They want to upsize from their condo, but to afford the house of their dreams, it has to have an income property. While they wait for the stork to arrive, Scott shows them a Victorian Triplex, an American Colonial home, and a Tudor-style home.

Sarah and Jim are blending their families, and together they have five daughters to put through college. They're gearing up for an expensive future with an ambitious investment plan to buy four income properties in five years. Scott helps them decide between a detached back-split, a tenanted semi-detached bungalow, and a single family home.

Erin needs to move out of her cramped condo so that she can have more space and a yard for her dogs. She wants her home and her finances to be princess perfect, so she needs a house with income property potential. Scott and Erin's friend Alana help her choose between two bungalows in the city, and beautiful suburban home.

Jen and Brock dream of buying a home downtown, but it needs to have an income property if they want to afford it. Scott shows them a 100-year-old row house, a single-family home, and an east end duplex; before sky-high housing prices threaten to scare them away from buying altogether.

Ann-Marie and Scott have big dreams of traveling the world, and to help finance their adventures, they need to invest in an income property. Scott helps them choose between a downtown condo, a house with student rental potential, and a 2-unit bungalow.

Bryan and Marissa have been living with Marissa's mom for six years. They've saved up and now they want to buy an income property where they can live for now, and count on as an investment down the road, all with their wedding on the horizon. Scott helps them choose between a downtown duplex, a recently renovated duplex, and a beautiful suburban home.

After suffering the sudden and tragic loss of her husband, Deb decides she wants to help her daughter Sarah and her son-in-law Matt buy a home with an income property to start them on the right foot. Mom will live in the suite until she gets back on her feet, then Matt and Sarah will rent it out down the road. Scott and the trio tour a new build, a bungalow, and a 2-story home with student rental potential.

Michael and Karen need to find an urban house with basement apartment so that they can afford to move into the city and reduce Karen’s 2-hour commute to work. Without Scott’s help, they know that they’ll be stuck in the ‘burbs – or even worse – Karen will miss out on precious family time with their baby boy.

Stephanie and Elyse are a cop and paramedic thinking ahead. They have big dreams of securing their financial future together, and have chosen real estate as their investment of choice. Scott shows them how to find a dedicated income property to best invest in their future - STAT.

Mike and Vita are successful professionals, but when it comes to the world of income properties, they’re on brand new turf. They want to purchase a dedicated rental property with long term value. Scott guides this couple on how to find the right house in the right neighbourhood.

Andrew and Chris are life-long buddies each living in the suburbs of the big city. They have big dreams of using a portfolio of shared income properties to retire at age 55. Scott shares his first-hand advice with these rookie investors. He helps build the foundation for the boys’ business, so that it maintains financial success – and most importantly – their friendship.

Kuo Bao and Megan are a twenty-something couple living and loving life in the big city. This ambitious couple is determined to grow a portfolio of investment properties together, in order to support their aging parents throughout retirement. With a lofty goal of supporting themselves and two sets of parents, Scott shows them how to find the right house to achieve their financial goals.

Dan and Tania are a young couple determined to leave their parents’ suburban homes in exchange for the big city. They need to find a home with multiple units, so that they can afford to live where they like to play.

Alison and Deirdre are sisters whose only thing in common is their DNA. They’re best friends, confidantes, and partners in crime, but most of all – nothing alike. Alison wants to buy her very own income property, but Deirdre thinks it’ll be a hassle, and discourages the whole thing. Scott helps Alison approach her purchase as a investor versus emotional homeowner. It’s about practicality and functionality, and of course - some sibling rivalry.

Jeff and Kirsti are newlyweds living the big-city life: paying too-high rent for a small apartment in the sky, and relentlessly working 9 to 5. They want to become the couple that’s ahead of the pack, choosing work based on passion versus financial need. Scott shows this ambitious couple how to balance an investment property with a home - large enough to accommodate their expanding family.

Karen and Kevin are a twenty-something suburban couple totally in love, totally committed – and totally not on the same page. Kevin wants a real estate empire, and Karen wants nothing to do with it. Where Kevin sees opportunity, cash-flow, and excitement, Karen sees hardship, debt, and drama. Scott settles this couple’s differences, by showing them how to make a smart, wise, and most of all safe, investment.

Marli & Toby are serial renters ready to become serious investors. They’ve borrowed a pretty penny from Marli’s parents over the years, and know that it’s time to start repaying the debt. Scott helps them decide between single-family homes with income potential, and an existing duplex.

Ross’ investment is a house that he wants to be his family home - later. For now he wants a main floor apartment to help pay the bills while he establishes his music career.

For newlyweds Eric and Rita, their house was love at first sight and they bought it on the spot. Second impressions, however, reveal extensive work is required to make a basement suite both livable and profitable.

Having just gotten married and bought a house Tiffany and Jamie have stretched their finances. They see the income potential in their basement but are clueless on how to kick start this plan.

Rob and Tricia are the first in their neighbourhood to consider creating an income suite. They believe their unused basement is a favourable bet that will help them save for their son’s education and their own retirement fund.

Susan and Jeff want to renovate and rent the main floor/basement apartment to generate enough cash flow to buy a second investment property and keep the first one too.

Diana needs rental income. Creating a basement apartment will allow her and her two young sons to move downstairs short term while renting the main house until she can afford to move back upstairs and still make money from a rented basement suite.

Nadia and Gino need to finish what Gino started in the basement of their investment property so it can start making them money and they can take control of their financial future by paying off the mortgage faster.

Carol is ready to overhaul her basement apartment that has hosted groups of students for years, but it’s out of her league. Leaving nothing untouched the new apartment is going from a heavy workload to money in her pocket.

Cliff and Thyrza need a basement apartment in their bungalow but can’t agree on a renovation design. With help, this apartment will finally be completed and carry them into a future of lower mortgage costs while they re-establish careers and raise a family.

Naomi and Scot need to renovate the second floor apartment of their 5 unit apartment building so they can increase the rent which will help them to pay their huge mortgage, family loans and the high costs of running this building - sticking to their plans for the property will help maintain their friendly status as partners!

Nelson and Sarah need to renovate this basement apartment to attract a good tenant so they can keep on top of their expenses while Sarah’s income ebbs and flows as she gets her new business off the ground, and to help fund the rest of their own renovations upstairs.

Susan is running this house on a single income, she needs to turn her finished basement into an apartment to help to pay the bills and provide financial security for her family’s future.

Patricia and Manny need to create an apartment in the basement so that they can supplement Manny’s single income during Patricia’s maternity leave with their new twins.

Rosalina and Arun are burnt out and need to finish their never-ending basement renovation so they can concentrate on finishing their own living space for their growing family.

Monica and Raphael need to upgrade their income property so they can pay the mortgage and costs of this triplex and eventually supplement their retirement income with this investment.

Angie and Jung need to solve the basement apartment’s mysterious water problems so it can be renovated and rented and they can pay their mortgage and start their family.

Carmen and Vanessa need to create an apartment in their basement so that they can afford the monthly mortgage payments while they find jobs and get established in their new careers.

Jasmine needs help to move this renovation forward so she can get the rental suite occupied, as it is the foundation of the financial plan that will pay for her son’s university education.

Manny & Jessica are both working long hours, plus they’ve been working on their partially renovated main floor apartment. More than a year later it remains completely un-rentable. Their mortgage financing is based on the income from this apartment, so it is essential that Manny and Jessica get this apartment finished for new tenants.

Kat and Al bought the house they were renting in. Due to a mould issue in the basement apartment it’s been gutted and is waiting to be refurbished. They need to finish the basement asap so they can rent it out and have their house pay for itself, as planned.

Dale and Erin need help updating their basement apartment so they can pay off down debt and take the next step to finally ‘make it official’ – with a ring, a wedding and a family.

Nancy needs to reconfigure the basement apartment in her bungalow in order to create a separate, self-contained apartment, which she can rent out to alleviate the burden of her monthly expenses as sole provider for her family.

Barb and Jamie started renovating three years ago, doing all of the work themselves. Since then, Jamie has been trying to complete the construction after hours and entirely on his own. They need to finish renovating the main floor apartment so that they can rent it and begin to recoup their over-budget renovation and three years of lost rental income.

Single mom Lori needs to do some serious maintenance work and upgrades to the main floor apartment before she can rent it to a responsible tenant who appreciates its inherent character. The rental income is essential for her to pay the bills and provide for her family.

Claire and Ryan need to renovate their Granny flat in order to make it a legal apartment that they can rent to a non-family member. This rental income is critical make their monthly housing expenses.

Sabrina and Daryl need to reconfigure and update the lower apartment in their triplex -the bathroom is outside of the apartment in the corridor! They desperately need to resolve the privacy issue before they can attract the tenant they want and earn the income they need to keep on track with their financial and personal goals.

Martha and Darryl want to start a family but they’ve had much difficulty doing so. They urgently need to finish their upper unit apartment in order to rent it out and settle in downstairs so that they can reduce the emotional and financial stresses of starting a family.

Andrea and Luke have a five-year financial plan based on the second floor apartment being consistently rented. Without the income generated from this apartment their goal of starting a family in a single-family home will be jeopardized.

S3, Ep 8: Rushad and Lizzy Rushad wants to move out of his parents’ house and into the triplex he bought last fall. Unfortunately, unless he can get the main floor/basement suite renovated and rented, that’s never going to happen. Rushad needs the income from two of the three suites to help cover his costs.

During 18 months of unemployment, Crystal came to depend on her improvised, second floor apartment to avoid defaulting on her mortgage while racking up major debts to keep the house running. The tenant is now gone and the debts accumulated will take years to pay off without a consistent income from the half story apartment.

Antoinette and Mike need a safe income suite tout de suite because Antoinette is expecting and they need the extra income.

Laura & Peter need to convert the office space in the basement into an apartment suitable for their cool neighbourhood in order to take control of their spiraling debt and mortgage payments. Without the rent, Laura and Peter will have to face the fact they cannot afford the house and will have to sell.

Bonnie & Merv have credit card debt in addition to a big mortgage. Bonnie & Merv need Scott’s help to complete their basement income suite so that they can get out of debt and down the aisle before the end of the year.

Courtney & Emily need to get their unfinished basement renovated to a high standard apartment ASAP to be able to afford the extra $100,000 mortgage they took on to buy the home. Without the extra income they will burn through their savings trying to keep up with the large payments and eventually have to consider selling the house.

Henri and Lori need to renovate their outdated income suite, fast, so that they can maintain the income they’ve relied on to help offset their heavy business taxes. Without Scott’s help, they will suffer from significant monthly shortfalls imminently.

Jeremy and Angie need to renovate their dilapidated basement apartment because they desperately need the income. If they don’t rent it out they will forgo the dream of Angie staying home to raise their young son.

Marsha and Ellwood married four years ago bringing two kids each to their blended home. They also bought a new house with a separate apartment that needs a good reno. Could it be a new home for their eldest daughter and a long-term solution to their financial challenges?

Anne and her sister, Karin, bought their duplex from their landlord a couple of years ago. Now, Karin has unexpectedly fallen in love and she's moving out. That leaves Anne with a full mortgage to pay and an apartment to rent. She wants to convert her unit into a short-term executive rental so that she can pay the mortgage without giving up her beloved home.

Alice is living under a gold mine: a two story apartment above her own apartment that’s fallen into disrepair. Alice wants it to be perfect but she doesn’t trust anyone and doesn’t know what she wants. Scott will try to win Alice’s trust and help her make the right renovation choices.

Lise will be 63 years old when her 35-year mortgage is finally paid off. If she builds a clever income suite in her basement, she could be mortgage free in as little as 13 years, at age 39! Scott will help set Lise on the path to financial freedom.

Allison and Rob’s income dipped due to a career change and maternity leave. Luckily, they have an income suite in their basement that can help them maintain their great standard of living.

Evelyn and Armel had an energy audit and now they’re racking up debt in order to make smart improvements to their home. They need the income from an accessory apartment to help out with the costs of renovating for the long-term.

Jennifer and In-Suk experienced a financial setback. With Jennifer on maternity leave and In-Suk unemployed for the last seven months, this couple needs an income suite to offset their mortgage costs and help them afford the home they love in a great neighbourhood.

Julie and Andy intend to renovate the existing income suite in their new home. They just can’t make it happen: they have demanding careers and no renovation experience. Their sweet little income suite needs Scott’s skills and reno savvy.

Daria and James fell in love, got engaged and bought a house. Two years later they are still not married and they’re spending over 50% of their income on their home. They need an income suite if they ever hope to tie the knot and keep their heads above water.

Samantha and Andrew were smart enough to buy their first home with a fully functioning basement apartment. They were told the previous owner had been renting the basement for $800 a month, which was exciting news to them. But when closing day arrived they were shocked to see the actual condition of the basement.

Heather is a teacher who bought a newly renovated bungalow with a “ready to rent,” two-bedroom basement apartment, which was the key to affording the house on her own.

Elliot bought his first home and has big dreams for it. Unfortunately bigger isn’t always better. His elaborate plans are taking way too long and costing way too much. Scott is going to show him how to spruce up his income suite without spending his entire life savings.

Tai and Beatrice have dug themselves into a hole, both literally as well as financially. They went way over budget when they purchased their dream home, and as soon as they moved in, they took the advice of a relative and began digging a hole in their basement to upgrade the old plumbing system.

Martin & Isidora have found their dream home, but the basement needs a lot of work. Closing date has been pushed up by 3 months, and they have already promised their tenant she can move into their basement apartment 15 days after they take possession.

Peter Busse purchased an expensive, fully renovated Victorian in a hip downtown neighbourhood last year. Adding a potential rental suite in the basement was his plan and the key to bringing down his substantial mortgage.

Kirk and Stephanie bought their dream house 3 years ago, and have since spent every waking moment improving the condition of each of the three apartments in the building. Now they are thinking about starting a family and someday would like to be able to take over the whole house.

When Jay and Kathryn moved into their new home they never thought they would outgrow it so fast! With two kids in the family space is at a premium.

Connie and Sebastian are hands on first-time homeowners. A little too hands on. As soon as they moved into their new home they were lifting carpets, peeking behind walls and dreaming up plans for every square foot.