Income Property Season 5 Episode 7
Income Property
Season 5

Ep 7. Susan is living on a single income & needs to turn her basement into an apartment to add a second income helping to pay bills & provide for her family

  • November 23, 2011

Susan is a hardworking single mother who is struggling to make ends meet on a single income. She is determined to provide for her family, but with bills piling up and expenses increasing, she knows she needs to find a way to generate additional income. In this episode of Income Property, Susan is presented with the opportunity to turn her basement into a rental apartment, which could provide her with a much-needed second income.

To help her achieve this goal, host Scott McGillivray pays Susan a visit to assess the space and come up with a plan of action. He quickly determines that the basement has great potential, with plenty of room for a separate entrance, living area, kitchen and bathroom. However, he also notes that there are a few key issues that need to be addressed before the space can be transformed into a habitable rental unit.

With the support of Scott and his team, Susan embarks on a renovation journey that is both challenging and exciting. They work together to overcome a variety of obstacles, from structural issues to plumbing problems, all the while maintaining a tight budget. Along the way, Scott provides Susan with valuable advice and guidance, sharing his extensive knowledge of real estate and design.

As the renovation draws to a close, Susan is left with a beautiful, fully functional apartment that is ready to be rented out. With the addition of this second income, she feels more confident and secure in her ability to provide for her family. And while the process was not always easy, she knows that the end result was well worth the effort.

Throughout this episode of Income Property, viewers will be inspired by Susan's determination and resolve, as well as by Scott's expertise and dedication to helping her achieve her goals. It is a heartwarming and uplifting story that showcases the power of hard work and perseverance, and the importance of having a strong support system. Whether you are a homeowner looking to generate additional income or simply someone who enjoys a good real estate renovation story, this episode is sure to captivate and inspire.

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Description
  • First Aired
    November 23, 2011
  • Language
    English