Ep 6. All by Herself With an Income Suite
- November 11, 2009
All By Herself With an Income Suite is the 6th episode of Income Property season 2. Scott McGillivray is back with another amazing project to help a single mother transform her home into an income-generating property. The homeowner, Maria, has been living happily in her cozy two-story townhouse for the past 10 years with her two daughters. However, with the rising cost of living and the constant struggle to make ends meet, Maria is finding it increasingly difficult to provide for her family.
Scott's plan to help Maria is to convert her unfinished basement into a beautiful and functional income suite that can be rented out to tenants. The first step is to assess the basement's condition and make a plan to fix any issues that may hinder the renovation process. As they begin to work, unexpected problems begin to arise, including leaks and outdated electrical wiring. But with Scott's expertise and his team's determination, they eventually overcome these challenges and turn the basement into a beautiful living space with all the amenities that tenants could want.
With the income suite completed, Scott turns his attention to the rest of the house. Maria's main living area is in desperate need of a modern upgrade. Scott and his team transform the kitchen, living room and dining room into an open concept space that is both stylish and functional. The new design includes features like custom cabinetry, granite countertops, and modern flooring.
The finishing touches to the renovation project include upgrading Maria's backyard and outdoor living space. Scott and his team replace the old, dilapidated deck with a new and stylish one that's perfect for outdoor entertaining. They also add a privacy fence to give Maria and her family the necessary privacy.
As the project reaches completion, Scott presents Maria with her new and improved home. She is moved to tears as she sees the transformation that has taken place in her home. The income suite is a beautiful and functional space that is already attracting potential tenants. But more importantly, Maria now has a home that is modern, comfortable and worry-free. The renovation project has given her the financial freedom she needs to provide for her family without the constant stress of wondering how she's going to make ends meet.
The renovation project depicted in All By Herself With an Income Suite is a testament to Scott's skills as a builder, designer, and real estate expert. His ability to turn an average home into an income-generating property is nothing short of remarkable. The show is not only an inspiration to homeowners looking to make their homes more functional, stylish and profitable but also a reminder that even the most significant of challenges can be overcome with determination and hard work.
Whether you're a first-time homeowner, a veteran investor looking to upgrade your properties, or just a fan of home renovation shows, you'll love Income Property. The show offers a comprehensive guide to real estate investment and renovation, with expert guidance from Scott and his team. You'll learn everything you need to know about financing, budgeting, design and construction and see the entire renovation process from start to finish. So tune in and see how Scott McGillivray and Income Property can help you turn your home into an income-generating masterpiece.