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DIY Insider
Behind the Scenes of Income Property 5 Videos
We put host Scott McGillivray up to some funny challenges on set plus learn Scott's secret talent!
45 Makeovers
Scott turns home improvements into cash value for these first-time buyers.
ON HGTV
Dramatic Transformations
Scott and his crew take drab spaces and create money-making showrooms.
WEB EXCLUSIVES ON HGTV
Video Highlights
Watch bonus clips and highlights from the HGTV series, Income Property:
Videos
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Super Retirement Strategy 03:29
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Home Sweet Income Suite 03:23
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About the Host
Scott McGillivray
About the show
Episodes
See Episode GuideRetirement Reality Check
Monica and Raphael have worked hard, saved and bought a modest home in a comfortable suburb. For years Monica wanted to buy an income property but there was never enough extra money to invest, and Raphael was afraid of taking the risk. Monica recently discovered that according to their current financial statistics they need to work well into their retirement years, so she convinced her husband that it was time to take the plunge and use equity from their home to buy an income property to supplement their income now and into retirement. They looked hard for a building they could afford and finally found a rundown triplex on a busy street. There is lots of work to be done to upgrade the top floor unit, and with an impossibly low renovation budget for the whole building, they're going to have to invest some sweat equity into their property before they can attract the needed tenants.
Reno-Weary Professionals
Rosalina and Arun bought a stunning 1897 grand detached Victorian home that was previously a rooming house and a hair salon with residential units. Their initial intention was to live on the second and third floors, and continue to rent out the main floor and basement separately, using the income to bring the house back to its original splendor. Five years and major basement apartment issues later (flood, mold, asbestos and more), and Arun and Rosalina are exhausted financially and emotionally. Now with Arun's three kids moving in, they need to maximize their living space and take over the main floor in addition to the upper two floors for everyone's sanity. They have lost their vision with the basement apartment due to all the setbacks. They need Income Property's help.
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
Since separating from her husband, Susan has been raising her daughters and paying the costs of homeownership on her own, with the added expenses of what she calls "outsourcing the burly manly tasks." The house has a large, finished but underused basement that Susan would like to convert to an apartment to bring in a second income to help cover household expenses and give added financial security for her family and future. Susan has embraced her unexpected independence and is full of drive and determination, but this basement conversion is one thing she can't tackle on her own. She needs Income Property help.
Mold Rescue Operation
Two years ago Nelson and Sarah bought this 1970s duplex in the heart of Little Portugal from Nelson's dad. He'd rented it to tenants for years, and it was in original condition when they took possession. They fixed up the main floor to reflect their own clean contemporary style. The basement apartment, however, is still stuck in the 1970s, with at least 10 different patterns of tile -- it's a tile kaleidoscope! It desperately needs to be updated to attract the sort of tenant they want downstairs. They need Income Property's help.
Foundation for Love
Barry and his girlfriend, Jenn, need to rent Barry's cabin to help put his kids through college and to help save for he and Jenn's future together. This is a second relationship for both Barry and Jenn so owning a home together represents their chance to 'start over.' Scott gives them two options: a cosmetic interior update or an interior update with upgrades and a screened in porch.
Second Time Around for a Second Family Vacation Rental
Mother and daughter duo, Lynne and her daughter Heather have already been through the pain of selling their family vacation home once before due to carrying costs. Now that they have a new country home in their family, they need to renovate and rent it so it's affordable. Scott gives them two options: a full interior makeover or a full makeover with the addition of their Bunkie for extra sleep capacity.
A Pricey Property Payback to Stay Close with the Family
Alex and Casey have 3 kids and dreamed of owning a lake house near Casey's mom's property. When a rare opportunity came up to buy one down the street from her, they jumped at the chance. Doing so has set them back financially and now need rental income. Scott gives them two options: a cosmetic update or cosmetic update with a full kitchen and bathroom gut.
Fishing Dreams, Rental Reality
Astrid and Sheldon decided to buy a vacation property after a tough year made them realize life is too short. The only way to keep their lake house dreams a reality is to renovate and rent out the space to offset the carrying costs. Scott gives them two options: an interior facelift or an interior facelift with a massive Boathouse deck to get top dollar.
Putting Family First with Another Baby on the Way
Nuala and Dave are a busy couple with three small kids and another one on the way. They love spending time at their lake house but with their family expanding so are their costs of living and now renting the lake house is their only way to keep it. Scott gives them two options: an interior makeover or an all seasons reno to maximize their income.
University Fee Fixer
A single mother sells her house to buy a run-down rooming house with the plan to live in and renovate the two-story apartment so she can contribute to her son's education costs. But after spending 60 percent of her budget on essential home improvements, she becomes overwhelmed by design decisions and needs a solid plan to get the apartment rented before tuition fees are due.
Less Tenants = More Money for a Triplex Owner who was Formerly Renting to International Students
Carol purchased this downtown triplex heritage home in the early 90s, for $393k. Since then, she has served as landlord, tenant, and handywoman to this property. In order to maintain her $1300/month mortgage payments, in combination with $25,000 worth of annual expenses, Carol housed foreign language students in various bedrooms throughout the house. Now, with the mortgage paid off and no longer up for a flurry of teenagers in and out, Carol has decided to revamp her dated, incomplete basement to become a self-contained unit. After years of makeshift renos and barebones facelifts, Carol is burnt out, and is unable to take on this task by herself. Carol has drained her savings account keeping this massive property afloat, and is desperate to again begin saving for retirement before it's too late. Carol needs Income Property help.
She's on a Mission of Independence
Caitlyn, a hard working young woman, needs to figure out the best way to cover the costs of her new lake house while also building her financial future. With her Dad Ron by her side, she is now ready to turn her dated property into a modern vacation rental. Scott gives Caitlyn two options: a mini facelift to cover the essentials or an interior remodel with some high-end finishes.
A Vacation Home with Rental Potential is Like Music to your Ears
Justin Rutledge, an award-winning musician, sold his city home to move to the country for some inspiration. He now needs to renovate and rent out his waterfront cabin to help supplement his irregular income. Scott gives Justin two options: an interior remodel to cover the basics or an interior model with an exterior upgrade to maximize curb appeal.
A Multi-Building Vacation Property with Chalet Charm
Shannon convinced her husband Noah to take a financial risk by purchasing a property in the country with four buildings on it. Luckily, one of the four buildings is already renter ready but now they need to get one more up and running so they can start covering their hefty carrying cost. To help Shannon prove this expensive investment will set their family up for success, Scott gives them two options: an interior makeover or an interior makeover with new windows and a deck build.
A Vacation Rental to Make a Dent in Some Serious Debt
Paddy bought his in-laws country home 10 years ago when its existence was threatened so he could ensure it stayed in the family for years to come. After a recent business deal gone wrong, he now needs to rethink his finances. Selling the lake house is out of the question, so with the help of his brother Brian, they're turning the lake house into an Income Property. Scott gives Paddy two options: an interior makeover with new windows or a remodel with new windows and a finished loft space.
A Savvy Savings Plan to Help Out with a New Addition to the Family
Jon and Kate need to start focusing on their family's fiscal future with the arrival of their baby boy, Dylan. To financially prepare for it, they want to renovate and rent their current home by the lake so they can maximize their rental income and start saving. Scott gives them two options: an interior facelift on select rooms or a remodel with some high-end finishes.
A Vacation Rental Renovation to Help Supplement a Wedding
Edray and Jessica fell in love four years ago and got engaged one year ago. Now, they're eager to move on with their lives, plan a wedding and eventually buy a house together. To make these life plans financially feasible, this couple needs to renovate and rent Edray's dated vacation property to bring in more rental income. Scott gives them two options: an essential interior makeover or one with new floors throughout and bathroom upgrades.
Keeping It in the Family to Appease Mom, Dad and the Kids
Carla and her husband want to sell their beach house and use the money to travel the world but their two sons, Nick and Daniel, wouldn't let them. The boys convinced Mom and Dad to renovate and rent out the property so that they can financially carry their beach house AND fulfill their dream of traveling the world. Scott gives Carla and her son Nick two options: an interior cosmetic update or a cosmetic update with a Bunkie for extra sleep capacity.
Second Time Around for a Second Family Vacation Rental
Mother and daughter duo, Lynne and her daughter Heather have already been through the pain of selling their family vacation home once before due to carrying costs. Now that they have a new country home in their family, they need to renovate and rent it so it's affordable. Scott gives them two options: a full interior makeover or a full makeover with the addition of their Bunkie for extra sleep capacity.
Fishing Dreams, Rental Reality
Astrid and Sheldon decided to buy a vacation property after a tough year made them realize life is too short. The only way to keep their lake house dreams a reality is to renovate and rent out the space to offset the carrying costs. Scott gives them two options: an interior facelift or an interior facelift with a massive Boathouse deck to get top dollar.
She's on a Mission of Independence
Caitlyn, a hard working young woman, needs to figure out the best way to cover the costs of her new lake house while also building her financial future. With her Dad Ron by her side, she is now ready to turn her dated property into a modern vacation rental. Scott gives Caitlyn two options: a mini facelift to cover the essentials or an interior remodel with some high-end finishes.
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