Saturday, February 16, 2013

Would Be vs Will Be Investors

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:

February 15th., 2013
Volume 14, Issue 1

Dear Friends and Partners,

Not only have we had warm weather lately, but we've seen a hot start to multi-family real estate in some of our key areas. How about you? What's the real estate climate like where you live? Are you seeing more listings on your street; anything worth buying? Many deals continue to trade hands before hitting the MLS, but you can still standout, like we do, and attract the right vendors to you. We can see a lot of volatility in stock markets as well as local real estate markets and that creates opportunity. I spoke with several will-be, no longer would-be, investors at the last REIN meeting I attended.  I helped them design a personal strategy to evaluate when and when not to pull the trigger. If you need help like this, send me an email with 'Will-Be Investor' in the subject line and I'll endeavor to help you too.

 South Central Edmonton: 4-Suite Cashflow Property in Forest Heights

Turbo charge your portfolio. Upgraded 1966 built 4 unit property with separate entrance to lower suites. Upper units have been renovated and using our PPI strategy the lower units  are upgraded at purchase and costs wrapped into mortgage. You'll find spacious 2 X 3 bd upstairs and bright 2 X 2 bd units downstairs. Renovations at time of purchase to include  2 HWT and windows. The 2 lower units are each 750 sqft units with shared storage. Features down include some new counters and flooring. There is common laundry down. The yard is large and partially fenced. Additional upgrades after purchase will include new windows and exterior/upper suite modernization. 5 minutes to Rowland Drive and ravine, with routes to Yellowhead, 10 minutes to downtown and NAIT. Fast access to the Wayne Gretzky Drive and on bus routes.

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. Forest Heights is a mature and desirable family neighbourhood that will benefit from the downtown development ripple effect. Highly rentable area; 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 improving downtown core. 

Produces $447.23 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $620K Total Investment: $144,230 K. Your Estimated 5 Year Profit $76,547 K. Your pre-tax Total ROI is 53% or 11% per year

These 4 suites rent for top dollar and have everything arranged, including financing structure and incredible tenants. Your investment includes: impeccable tenant selection, 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!


Alberta Bucking Economic Trends

By Gordon Isfeld, Financial Post & Edmonton Journal, February 9th 2013

For a while, it looked like Canada's job market would remain oblivious to the serious signs of a slumping economy. Ditto the housing sector, which had been defying forecasts of an impending slowdown for months.
Now, reality appears to be putting both sectors in check, at least outside of Alberta.  "Combined with the steep drop in housing starts as well as the still-wide trade deficit, the jobs report rounds out a day of infamy for Canadian economic stats," said Doug Porter, chief economist for BMO Capital Markets.  GRAB THIS STORY


Jim Prentice Advocates for Oil Pipeline Across Canada

Dawn Walton, Globe and Mail, February 9th 2013

CALGARY - Market access for Alberta’s oil is the “most important economic issue” facing Canada, according to former federal cabinet minister Jim Prentice, who called for more pipelines to move energy to new markets.
Speaking to an economic forum on in Calgary on Saturday, Mr. Prentice, who held cabinet postings including industry and environment under the Harper Conservative government before returning to the private sector as executive vice-president and vice chairman of CIBC, said Canada has failed to execute a cohesive energy strategy.   FOLLOW THIS ARTICLE


No Alberta Oil Exported From West Coast Without Cooperation

By David Dodge and Ted Morton, Troy Media, February 9th 2013
The passing of former Alberta premier Peter Lougheed provided an occasion to remember not just his fierce defense of Alberta against the predatory policies of then prime minister Pierre Trudeau, but the substance of that defense: strong provincial rights based on the constitutional principle of equality of the provinces.

Equality of the provinces may not sound like a big deal today. But in the 1970s, it was.

To appreciate the significance of Lougheed’s achievement, it is necessary to recall the state of Canadian federalism after the Second World War. Writing in 1954, J.R. Mallory, one of English Canada’s leading constitutional scholars and a professor at McGill University, observed that “in a federal system there is assumed an equality of influence and treatment of the various individual units,” but that “[i]n Canada the facts are, and always have been, very different.”  READ MORE HERE


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.

"Don't sweat the petty things and don't pet the sweaty things."  -George Carlin

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 2010-2014 Top Ten Investment Towns of Alberta and Ontario.

1 comment:

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