Monday, August 15, 2011

Summer of Discontent

Alberta Oil Sands Investment Real Estate News®
Glenn Simon Inc., Suite 1217, 5328 Calgary Trail NW, Edmonton, Alberta, Canada. Tel 1-888-780-5940 Fax 1-888-276-4517 email:

August 15th., 2011
Volume 10, Issue 10

Dear Friends and Partners,

If you're watching your stocks go further and further down... you may dub this the 'Summer of Discontent'. Unless you are very good at shorting stocks, have bars of gold and silver or cash-flowing real estate, you are feeling it. But, that is nothing new. I think since returning to Canada I am much more aware of the nonstop bombardment of negative media. Does this help me be a better investor? Only when I turn it off!

Almost all of the news you need to know your friends or family will tell you. When you're studying and researching prior to making an investment, short term events (bad news) will play a role, especially if the 'problem' can sway the market and be solved in the near future. For the next three weeks I am going to read the smiles on my family's faces and listen to the laughter generated from having time away and in the outdoors. Enjoy your summer!

-Glenn Simon Inc. will be closed for summer holiday between August 24th and September 12th. Newsletters will resume September 15th.-

West Central Edmonton: Cashflowing Three-Plex In Westmount

Turbo charge your portfolio. Upgraded 1948 built 3-plex with separate entrance to all units. 3 stylishly finished suites; One 2 bedroom unit on main, plus one upgraded 650 sqft. 2 bedroom suites down and a very cool 2 bedroom suite on the top floor. The upper suites have laminate, fresh paint and original hardwood. There is a common laundry room in basement. The lower unit has new paint, brand new tub and toilet as well. Lower suite walks out to a private grassy, fenced yard. There is a 2 car detached garage with brand new door and opener bringing in additional revenue. 10 minutes to NAIT, Grant MacEwan and Downtown. Fast access to Yellowhead Highway and on the bus routes. These pictures show the detail and care that went into building this quality home.

Comes complete with great tenants making this a totally turn-key property for you. Convenient Central area with easy access to transit and downtown. Excellent established neighborhood featuring many heritage homes; solid value and stable rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this home in relation to Edmonton's developing core.

Produces $440 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $384K Total Investment: $115K. Your Estimated 5 Year Profit $56K. Your pre-tax Total ROI is 49% or 10% per year + $440 Cash Flow in Your Pocket Every Month

Poised for massive growth. These 3 suites rent for top dollar and have everything arranged, including financing structure and incredible tenants. Your investment includes: renovation costs, financial analysis, professional inspection, insurance, financing set-up, legal fees, basic accounting, reserve fund, CMA, bi-annual statements, strategic market planning to ensure successful entry and exit, plus much more!

Calgary Leading Charge In Carbon Capture

Local firm involved in building Alberta's first carbon capture pipeline

By Chris Nelson, Calgary Herald. August 14th 2011

As much of North America baked under record-setting temperatures this summer, few people would have considered carbon dioxide a continental resource.

Mention CO2 to the majority of Canadians and the words "global warming" spring readily to mind.

Susan Cole's mind works differently. FOLLOW THIS ARTICLE

No New Taxes Or Royalties, Most Tory Leadership Hopefuls Say

By Jason Fekete, Calgary Herald. August 13th, 2011

Most of the six candidates vying to replace Ed Stelmach as Tory leader and premier are pledging no new taxes and vow not to increase energy royalties from oil and gas development on Crown land. As the race heats up to the first Tory leadership vote on Sept. 17, would-be premiers are increasingly rolling out their visions for Alberta and how they would deal with a projected $3.4-billion deficit and rapidly evaporating rainy day savings account. READ MORE HERE


Low Interest Rates Good For The Economy; Not So Much For Consumer Debt

Huffington Post, Canada. August 10th, 2011

With uncertainty once again dogging the world economy, it now seems unlikely that the run of cheap credit that has made it easier for consumers to spend big in the wake of the downturn will end anytime soon.

After the Dow Jones Industrial plummeted 634 points on Monday, its sharpest one-day decline since the dark days of late 2008, the United States Federal Reserve said in a statement Tuesday that it expects to hold “extremely low” interest rates, the key factor in determining borrowing costs, until at least mid-2013. FOLLOW THIS STORY


More Rental Properties Being Built In Edmonton: CMHC

INews, August 9th 2011

Apartment construction is the bright spot this month on the Canada Housing Corporation housing starts report.

Rain has been making construction difficult, and dragging down numbers of single-family starts in Edmonton. But as CMHC's Richard Goatcher tells us, multiple-unit starts more than make up for it.

"Apartments were pretty much three times the number that we saw in July of last year," he says, "so that helped to lift the total numbers up by nine percent year-over-year."

But what if the economy takes a turn for the worse? GRAB THIS STORY

I appreciate all your calls and emails. I'm looking forward to helping you with your next step towards building real wealth.

Your success continues EVERYDAY, let me help you build for tomorrow.

"The quieter you become, the more you can hear." -Baba Ram Das

Warm Regards,

Todd and Danielle Millar


P.S. Stay ahead by checking out Danielle's daily blog at Edmonton Real Estate Investor for all your cutting edge market news and information.

P.P.S. Don’t forget to visit our website and take advantage of the Resource Tools and product section including REIN's #1 real estate books and Quick Start home study sets at a discount. Get your copy of the Canadian Success Stories book and the 2011 Top Ten Investment Towns of Alberta and Ontario.


Carly Rohindanson said...

I'm fairly successful at stock trading, specifically day trading but I have made most of my money in buy and hold real estate. I'd have to agree that it is a lot simpler to own property than guessing what a stock will do - unless you're guessing what a tenant will do! Nice blog :)

Merrick Watson said...

I made more money on my house than I have ever on the stock market. I used the equity to buy a rental and that too is doing good - better control than some wall street guy running a company into the ground.