Income Property Season 5, Episode 4: Monica and Raphael

Jasmine

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.

30 min

Carmen and Vanessa

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.

60 min

Angie and Jung

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.

60 min

Rosalina and Arun

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.

30 min

Patricia and Manny

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.

60 min

Susan

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.

Nelson and Sarah

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.

30 min

Naomi and Scot

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!

60 min

Reena and Kulvir

Reena and Kulvir need to update and rent their basement apartment so they can save to add a second story addition to their tiny home in order to make space for the family they’re planning!

30 min

Laura and George

Laura and George need to make improvements to the exterior and common spaces of their income property so that they can manage its maintenance on an ongoing basis, eventually raise the rents and reap their rewards, as this house becomes their retirement fund down the road.

David and Peter

Sean

Sean needs to divide this single family home into two units so that he can live in the main floor apartment and rent the upper, in order to attain his goals of living simply, working smarter and paying off his mortgage faster.