Thursday, March 14, 2013

Keep Calm and Carry On

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:

March 15th., 2013
Volume 14, Issue 3

Dear Friends and Partners,

Last Wednesday Danielle and I attended Dr. Paul Stoltz's Adversity Quotient seminar. Dr. Stoltz is an energetic and engaging speaker for sure, but I was a little disappointed with the content. Dr. Stoltz could have crammed some tips and strategies into the 3 plus hours of his monologue. There were probably a few 'nuggets' but none spring to mind.

To give you the overall gist, if life were a mountain full of adversity there are two types of people; those that climb (the climbers) and overcome adversity, and those that camp (the campers) that sit out until the trouble passes and/or consumes their lives. So, which do you want to be? Yup, a climber.

Well, unfortunately, Dr. Stoltz was a little shy on telling you how to actually overcome adversity. I'd say that you need to stay on course, have endurance and continually reprogram your brain by incorporating positive patterns that help you deal with challenges. For example, pay attention to your health, relaxation, relationships, goal setting and all the steps/tools you need to learn to educate yourself to reach the 'summit'.

There I saved you a few bucks. You're welcome. I would consider downloading the audiobook and prying out whatever nuggets are hidden in there. In the meantime, keep your chin up, eye on the target and push forward.

Central Edmonton: 4-Suite Cash-flow Property in Queen Mary Park

Turbo charge your portfolio. The advantage of this transitional area is the nearby development of the downtown core (city airport and arena). It is a tougher area for management but offers a lot of upside. The property can be purchased low and combined with $90K of renovation wrapped into a PPI mortgage you can invest in a nice, safe, upgraded building. Note this is pre-renovation and total purchase price after renovations are approximately $550K. Upgraded 1953 built 4 unit property with separate entrance to lower suites. All units to be renovated using our PPI strategy at purchase and costs wrapped into mortgage. You'll find spacious 2 X 2 bd upstairs and bright 2 X 2 bd units downstairs. Renovations at time of purchase to include  2 HWT, windows, kitchens, bathrooms and flooring. The 2 lower units are each 1000 sqft units with access to yard. Features down to include new counters and flooring. Upper units to have newer kitchens, lighting and bathrooms. There is common laundry down. The yard is large and partially fenced. Only 5 minutes to NAIT and downtown, with routes to Yellowhead and Fort Saskatchewan. Plenty of stores, shopping and on bus routes.

Comes complete with great tenants making this a totally turn-key property for you. Convenient central area of Queen Mary Park with easy access to transit and downtown. Queen Mary Park is a mature and transitional area 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 $904.76 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $550K Total Investment: $124,376.36K. Your Estimated 5 Year Profit $76,773.38K. Your pre-tax Total ROI is 62% or 12% 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!


Heavy Crude Discount No Cause For Panic

By Yadullah Hussain, Financial Post, February 3rd 2013

While the widening Canadian heavy crude discount has sent the Alberta government scrambling to make up for the shortfall, the province’s oil sands companies are not pressing the panic button — yet.

Stronger balance sheets backing projects, foreign capital and risk-sharing will help the industry weather the downside, Bob German, chief executive of contracting firm Horizon North Logistics Inc., told a recent investor conference.
“Many companies, five years ago, did not partner with anybody to share the risk, but are doing so now.

The staying power given the long-term nature of these projects and through dips in commodity prices are better than they were five years ago,” he said.  GRAB THIS STORY


Alberta's Real Economic Advantage

Diane Francis, Huffington Post, March 4th 2013

Albertans are unique because they don't occupy a parallel universe, living on other peoples' money. They live in the real world and the province's current fiscal deficit has sparked intelligent conversation.

The Alberta Advantage is its adherence to discipline and is why it has the lowest taxes in the country. Alberta is the only debt-free sub-national in the Western Hemisphere. And now that a rainy day has hit, the province is financially resilient: it has some $16 billion (in a stability fund) on hand to ride out shortfalls, a $16 billion Heritage Fund and, most importantly, the backing of its voters to cut spending rather than raise taxes. "There will be no taxes raised," said Premier Alison Redford in a discussion I had with her at an Alberta Enterprise Group gathering this week.   FOLLOW THIS ARTICLE


Highest Average Weekly Earnings in Alberta Tops all province's at $1,094 per week

By Mario Toneguzzi, Calgary Herald, February 26th 2013
CALGARY — Average weekly earnings of non-farm payroll employees in Alberta remained the highest of all provinces in the country in December, according to Statistics Canada.

The federal agency reported Tuesday that earnings in the province were $1,093.58, up 1.2 per cent from the previous month and an increase of 4.2 per cent from December 2011.

“This earnings level was at least 17 per cent higher than that of any other province,” said Statistics Canada.  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.

"It always seems impossible until its done."  -Nelson Mandela

Warm Regards,

Todd and Danielle Millar


P.S. Stay ahead by checking out Danielle's  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.

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