Income Property Season 10 Episode 7
Income Property
Season 10

Ep 7. Foundation for Love

  • February 18, 2016

Daniel and his wife Candice have lived in their small two-bedroom home for years. With a growing family, they have outgrown their space and are ready for an upgrade. However, the couple isn't interested in just any old house - they want their dream home, a custom-built sanctuary for their family to grow and thrive in. The problem is, they can't afford it.

That's where real estate expert and renovation guru Scott McGillivray comes in. Scott meets with Daniel and Candice to discuss their financial goals and needs, and together they come up with a plan to turn their current home into an income property that will help them fund their dream home.

Scott's plan involves adding a two-bedroom basement apartment to Daniel and Candice's current home, which will not only provide them with a source of income but also increase the overall value of the property. The renovation is an extensive one, with the team tearing out the existing basement to build a brand new apartment from scratch.

As the renovation progresses, Scott runs into his fair share of challenges. From unexpected water damage to issues with the foundation, there are many roadblocks that threaten to derail the project. However, Scott and his team persevere, continuing to work tirelessly to ensure that Daniel and Candice get the home of their dreams.

Throughout the episode, viewers get an inside look at Scott's process and his attention to detail. He walks the couple through each step of the renovation, explaining the reasoning behind every decision and keeping them informed about the progress of the project.

Along the way, Scott also shares his knowledge on how to make the most of an income property, offering tips on how to attract tenants and maximize rental income. He stresses the importance of investing in quality materials and finishes, and advises Daniel and Candice on how to create a space that will appeal to renters.

As the renovation nears completion, the tension builds as Daniel and Candice await the final reveal. When the moment finally arrives, they are blown away by the transformation. Scott has taken their small, outdated home and turned it into a beautiful, modern property that is sure to attract tenants and bring in a reliable source of income.

Overall, Foundation for Love is a heartwarming episode that showcases Scott's expertise and his ability to turn even the most challenging properties into income-generating gems. It's a must-watch for anyone interested in real estate and home renovation, and a testament to the power of hard work, dedication, and a little bit of creativity.

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Description
  • First Aired
    February 18, 2016
  • Language
    English