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S10E12 | Is Bill 23 a Game-Changer for Investors? The REAL Collective Podcast
Is Bill 23 a Game-Changer for Investors? In S10E12 of the REAL Collective Podcast, Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) are explaining what Bill 23 "The More Homes Built Faster Act" is all about, defining some key concepts, and digging into the pros and cons. They discuss how this could be tremendously lucrative for investors with the right approach.
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!
To watch S7E5 "Wealth Building Secrets" with Christina Pentlichuk & Stef Edwards all about Cash Damming and the Smith Maneuver, visit: https://youtu.be/2yzIwjiQNcI
To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/
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
You can also follow us here:
Instagram: https://www.instagram.com/real.collective.inc
Facebook: https://www.facebook.com/realcollective.ca
TikTok: https://www.tiktok.com/@realcollective
LinkedIn: https://www.linkedin.com/company/real-collective-inc
Website: https://www.realcollective.ca
#realcollective #podcast #ottawa #realestate #canada
Intro (0:00)
Well priced properties are selling quickly (2:24)
Buyers seem to be coming off the sidelines (4:50)
Average days on market (6:00)
Listing strategies based on individual needs (6:50)
We’re talking about Bill 23 (8:10)
Cash Damming and the Smith Maneuver (9:20)
Bill 23 Explained (10:07)
What are investors looking for now with this bill? (11:30)
ADU and SDU defined (12:55)
The cash flow benefits (13:45)
City of Ottawa is going up instead of wide (14:05)
Kyle’s story on mentality with home resale (15:20)
REAL Collective Marketing (17:30)
Second half (18:06)
Bill 23 from a financial perspective (18:40)
Why doesn’t the bank use the income approach to value property? (23:20)
3 Ways to Value a Property (23:45)
The bank’s perspective is usually ‘you’re going to fail’ (24:22)
Issues with bank appraisals in the past for SDUs (25:10)
There will be pros and cons (28:50)
Outro (30:10)
View all episodes
By Sean TasseIs Bill 23 a Game-Changer for Investors? In S10E12 of the REAL Collective Podcast, Sean Tasse (Broker) and Kyle Miller (Mortgage Agent) are explaining what Bill 23 "The More Homes Built Faster Act" is all about, defining some key concepts, and digging into the pros and cons. They discuss how this could be tremendously lucrative for investors with the right approach.
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!
To watch S7E5 "Wealth Building Secrets" with Christina Pentlichuk & Stef Edwards all about Cash Damming and the Smith Maneuver, visit: https://youtu.be/2yzIwjiQNcI
To access our Complimentary Resources (SOLD Price Search, Seller Guide, Buyer Guide & Home Evaluation) visit: https://realcollective.ca/exclusive-resources/
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
You can also follow us here:
Instagram: https://www.instagram.com/real.collective.inc
Facebook: https://www.facebook.com/realcollective.ca
TikTok: https://www.tiktok.com/@realcollective
LinkedIn: https://www.linkedin.com/company/real-collective-inc
Website: https://www.realcollective.ca
#realcollective #podcast #ottawa #realestate #canada
Intro (0:00)
Well priced properties are selling quickly (2:24)
Buyers seem to be coming off the sidelines (4:50)
Average days on market (6:00)
Listing strategies based on individual needs (6:50)
We’re talking about Bill 23 (8:10)
Cash Damming and the Smith Maneuver (9:20)
Bill 23 Explained (10:07)
What are investors looking for now with this bill? (11:30)
ADU and SDU defined (12:55)
The cash flow benefits (13:45)
City of Ottawa is going up instead of wide (14:05)
Kyle’s story on mentality with home resale (15:20)
REAL Collective Marketing (17:30)
Second half (18:06)
Bill 23 from a financial perspective (18:40)
Why doesn’t the bank use the income approach to value property? (23:20)
3 Ways to Value a Property (23:45)
The bank’s perspective is usually ‘you’re going to fail’ (24:22)
Issues with bank appraisals in the past for SDUs (25:10)
There will be pros and cons (28:50)
Outro (30:10)
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