Tuesday, February 14, 2012

An Economic Lollapalooza

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
www.glennsimoninc.com email: info@glennsimoninc.com

February 15th., 2012
Volume 11, Issue 10

Dear Friends and Partners,

Yesterday I left Danielle a note encrypted with a secret message for her to decipher. She spent 45 minutes searching high and low throughout our home before decoding and thus finding a Valentine's treasure that I'd hidden for her; chocolates. Not just any chocolates either, these ones were crafted by the talented chocolatier Brett Roy, of Sweet Lollapalooza in Edmonton.

What was especially unique about the chocolate, was it's origin. Brett is one of a handful of chocolatiers selected worldwide to work with this chocolate. It is derived from the 2011 discovery of the 'mother of all beans': pure Nacional. Indeed, its a wonderful and provocative taste for your palate to explore.

You know what was almost as enticing as the sweet? The exclusivity of the story.

Through Brett's skill and artistry he alone was selected to work with this rare chocolate in Alberta. When I learned of this through an interview that aired on CBC Radio, it reminded me so much of our story here in Canada, specifically Alberta.

In a world that is embroiled in economic turmoil, investors from China, U.S.A and Europe seek a safe haven (or at least a safer haven) and are rushing to bring their capital into Alberta. From private investors to large global funds you can follow the money here. And the reasons, sometimes bitter and sometimes sweet, lead to the economic story that is exclusive to our province.

Like any worthy chef or economist, we must strive to keep the recipe consistent and the ingredients balanced.


South Central Edmonton: Cash-flowing Side By Side Duplex in King Edward Park

Turbo charge your portfolio. Upgraded 1967 built side by side duplex; 2060 sq-ft 2 x 3 bedroom units with stylish laminate. The suites have newer windows large rooms and suite potential in basement.

There is a 2 car detached garage with automatic door and opener, bringing in $225 per month in additional revenue. Great location for rentals only 20 minutes to U.O.A., 15 mins to NAIT, Grant MacEwan and downtown. Fast access to Wayne Gretzky and on the bus routes. These pictures show the detail and care that went into building this quality home.

The real opportunity of this property is converting it into a 3 or 4 unit investment.

Comes complete with great tenants making this a totally turn-key property for you. Convenient South 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 adding additional suites (and cash flow), great purchase price, strong economic fundamentals and the proximity of this rental in relation to Edmonton's sought after south side.

Produces $250.93 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $490K Total Investment: $115,330K. Your Estimated 5 Year Profit $58,155K. Your pre-tax Total ROI is 50% or 10% per annum at a conservative 3% appreciation per year that includes Cash Flow in Your Pocket Every Month

Poised for massive growth. These 2 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!


Canada's Prosperous West will 'Reign Supreme' in Economic Growth

By Kim Covert, Post Media News. February 2nd 2012

OTTAWA — Geographically, the continental divide roughly follows the spine of the Rockies, separating British Columbia from Alberta. Economically, that line will move over a few provinces during the next decade, to mark the division between the prosperous West and the struggling East.

That's the mixed provincial outlook from TD Economics, which said in a report released Thursday that while no region will be immune to the coming demographic challenges, the West will continue to "reign supreme." The West will be king of a modest hill, however, as growth in the forecast period of 2016 to 2021 will be moderate, say TD Economics deputy chief economist Derek Burleton, and economist Sonya Gulati. READ MORE HERE


Lamphier: Alberta Economy Drives Enviable Auto Sales Record

By Gary Lamphier, Edmonton Journal. January 17th 2012

Alberta may be home to just 11 per cent of Canada's population, but in economic terms, it's a heavy-weight.

Whether it's measured by GDP (Gross Domestic Product), job growth, average personal incomes or retail sales, Alberta is a critical growth engine for the Canadian economy.

So it should be no surprise that Alberta is also a key market for both domestic and foreign motor vehicle manufacturers.

Consider the latest monthly tally of vehicle sales, released Monday by Statistics Canada. Of the 137,640 cars and trucks sold in Canada in November, 19,723 or 14.3 per cent were sold in Alberta. GRAB THIS STORY


Oil Rich Alberta Says Provincial Deficit To Fall

By Reuters Canada, February 9th, 2012

CALGARY, Alberta (Reuters) - The Canadian province of Alberta, the largest oil exporter to the United States, said on Thursday it expects to post a smaller budget deficit in the upcoming fiscal year as economic growth boosts revenue from taxes.

The first budget under new Premier Alison Redford, expected to be the basis of her Progressive Conservative party's platform for a spring election, called for a deficit of C$886 million ($886 million) for the 2012-13 fiscal year that begins April 1, down from a forecast C$1.32 billion shortfall for the current year.

Finance Minister Ron Liepert credited higher transfers from the federal government and better investment for the narrowing deficit, but said a strong economy was the leading reason as the province's tax revenue rose. FOLLOW THIS ARTICLE


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.

"Integrity is doing the right thing, even if nobody is watching." -Jim Stoval

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 homestudy sets at a discount. Get your copy of the Canadian Success Stories book and the 2011 Top Ten Investment Towns of Alberta and Ontario.

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