Sean and Kyle discuss the Ins and Outs of Ottawa's Vacant Unit Tax in this week's episode of the REAL Collective Podcast.

First, they kick off by digging into the positive outlook that 2024 is starting out with and discuss a few key topics such as future generations buying homes and mentality shifts that may have to happen in terms of home ownership.

At half time, Kyle talks about his personal experience with Magic Mind and how it has been a benefit to him! In order to take advantage of the REAL Collective discount, you can visit: https://magicmind.com/JANrealcollective and use the discount code REALCOLLECTIVE20

In the second half we dive into details about Ottawa's Vacant Unit Tax and discuss some personal experiences with the program. Sean and Kyle question what we're getting out of the program and the number of resources that are required to run it. They also discuss an alternative solution (build more houses!)

If you are considering buying, selling, or investing, don't miss out on another extremely valuable episode of the REAL Collective Podcast. Keep it REAL Collective!

Are you buying or selling? Book a meeting with Sean or Kyle today!
Sean: https://calendly.com/seanrealcollective
Kyle: https://calendly.com/kmmortgage/phone-connect

Magic Mind Discount Offer:
https://magicmind.com/JANrealcollective
Use the discount code REALCOLLECTIVE20

Download our FREE SELLER GUIDE here: https://realcollective.remaxhallmarkottawa.com/ask/13f2716214954bf649ac6a4e84a3314b

Download Kyle Miller Mortgage Agent's FREE BUYER GUIDE here: https://drive.google.com/file/d/1vVoQQ0uOjtVijM1F-aPAlXhIbGiyr1ew/view?usp=drive_link

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Website: https://www.realcollective.ca

#realcollective #podcast #ottawa #magicmind #vacantunittax

Intro: (0:00)
Positive outlook moving into 2024 (1:27)
The desire for stability in the market (3:15)
There are always ways to make it work for your kids to buy a home (5:00)
Big mentality changes: (8:10)
Bill 23, More Homes Built Faster Act (11:15)
Client story (12:20)
Half time – Kyle’s Magic Mind Review (16:15)
Second Half (18:28)
Vacant Unit Tax (19:20)
Sean’s personal experience with vacant unit tax (20:48)
What are we getting out of this program? (21:25)
What is the vacant unit tax? (25:55)
What is the solution? Build more houses! (29:10)
Mental shift on the length of time it takes to pay off a home (31:55)
Now 3 lenders that do reverse mortgages (33:32)
Outro (34:20)

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