Welcome to the Episode Guides! Check out your favorite episodes, complete with Source Guides, to help with your design and renovation planning.

Income Property: Astrid & Sheldon

Episode Theme: Fishing Dreams, Rental Reality

​ After an unexpected health crisis, Astrid and Sheldon need to renovate and rent their vacation property in order to make their cottage dream a reality. ​Astrid’s recent stroke was scary and eye­opening. She doesn’t want to park her dreams; she wants to make them a reality right now. This cottage is the first step towards her and Sheldon’s newfound “no time like the present” attitude.

Design Theme: Classic Cottage

The Numbers

Purchase Price: $269,000

Realtor Appraisal: $360,000

Increased Property Value: $91,000

Option 1: $45,000 – Total cosmetic makeover with new flooring throughout, plus full kitchen and bath remodels.  Estimated rent of $1200/week in the high season ($4800/month).

Option 2 *CHOSEN*: $55,000 – Everything option one has to offer plus a new, large deck, and exterior paint job. Estimated rent of $1400/week in the high season ($5600/month).

Estimated Weekly Income: $1,700 in the high season ($6800/month).

More to Explore...

Scott’s Top 5 Real Estate Resolutions

Thinking of buying a property this year? Whether you're a real estate investor or purchasing your first home, put these real estate resolutions at the top of your list.

I Will... Read More »

Are You Ready to Buy a House? Take the Quiz!

Buying a home feels like a rite of passage for most people. You hit a certain stage of life, and buying a house seems like the thing to do. But contrary to... Read More »

How to Win a Bidding War

The title of this post is a little misleading, because as far as I’m concerned, there’s no such thing as “winning” a bidding war. But in markets where demand is high and... Read More »