Saturday, June 01, 2013

Baby Bumps and Value Jumps

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:

June 1st., 2013
Volume 14, Issue 7

Dear Friends and Partners,

Albertans were busy last year, and just as many had an 'active' 2011 with 52,398 babies being born in 2012.  That sets a record for the province and has continued the pace of the last 3 years. That's just shy of a city the size of Grande Prairie being birthed; population 55,032 respectively.

Although we haven't seen a 'full bloom boom' come on, and in some cases we have seen a slow down in oil and gas production, as a province we are definitely doing well.

Population growth is a key indicator to watch as an investor. Whenever growth occurs be it from an influx of workers or just plain old procreation, you can anticipate a demand for housing. Folks will enter the housing market (starter homes), out grow their current homes (upgrade to larger ones) or in the case of workers and younger families, enter the rental market.

When choosing an investment property always consider who your ideal tenant is and even more importantly as part of your exit strategy, who your end buyer will be.

South Central Edmonton: Four-Plex Cashflow Property in Forest Heights

Turbo charge your portfolio. Upgraded 1960 built 4 unit property with front and rear entrances to suites. All units to be upgraded using our PPI strategy at purchase time and costs wrapped into mortgage. You'll find 3 X 2BD units and 1 X 1BD unit. Spacious upper units will be completed with laminate and new paint. The lower units to get vanity and bathroom updates. There is common laundry for each side. Each unit has its own parking space. Excellent location a short walk to Wayne Gretzky drive and Terrace Heights mall. 10 minutes to downtown Edmonton, ravine, with routes to the Yellowhead and Wayne Gretzky Drive minutes away. 20 minutes to UOA and NAIT. Fast access to to all 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, sought after area near the ravine park system. Highly rentable; solid value and increasing rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this property in relation to Edmonton's desirable River Valley.

Purchase price: $K Total Investment: $136,380K. Your Estimated 5 Year Profit $75,682K. Your pre-tax Total ROI is 55% 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 Consumer Confidence: Albertans Most Optimistic About Canadian Economy

By The Huffington Post, May 16th 2013

Canadians aren't too optimistic about what the country's economic future holds, that is, unless those Canadians live in Alberta.
The latest RBC Canadian Consumer Outlook released Thursday morning shows the majority of Canadians feel less confident about the state of the national economy currently compared to the previous quarter.

"The RBC CCO indicates that economic mood in Canada has darkened over the last quarter... the first time in nearly two years that there has been an overall decrease in the national index," the report states.

"Only six-in-ten (60 per cent) Canadians think the economy is in good shape (down a significant eight points since last quarter). More Canadians believe the economy will worsen in the next year (30 per cent) rather than improve (26 per cent)."  FOLLOW THIS ARTICLE


Alberta Oil Sands Production Likely to Double by 2022

By Reuters, May 8th 2013

CALGARY — Alberta’s Energy Resources Conservation Board said on Wednesday it expects output from the province’s oil sands to double to 3.8 million barrels a day by 2022.
The board, which regulates the province’s oil and gas industry, said it expects oil sands production to hit 3.8 million bpd in nine years, up from 1.9 million bpd in 2012.

Canada’s oil sands are the world’s third-largest crude reserves, behind Saudi Arabia and Venezuela, but the biggest open to investment by private oil companies.

The expected increase in production in Alberta is based on new projects and expansion of existing projects by companies including Imperial Oil Ltd, Canadian Natural Resources Ltd and Suncor Energy Inc, among others.  GRAB THIS STORY


Oil Sands: Alberta's New Bold Stance Deserves Credit

By Claudia Cattaneo, National Post, May 17th 2013
Albertans hurt by deep budget cuts due to shrinking provincial revenue from discounted bitumen prices may question the province’s bold buildup of its international presence.

The come-from-behind victory of Christy Clark’s Liberals in Tuesday’s British Columbia election comes as a big relief to those involved in Western Canada’s energy-based economy, but the close call must serve as an impetus to find a fairer way to share the risks and benefits of development.

To the extent that the new strategy, announced Friday in Calgary, helps Alberta deal with concerns about whether it’s a responsible oil producer, it is a necessity.

Without new export pipelines and new oil customers, the future of Alberta’s economy, and as a consequence the government’s ability to support its programs, is grim. Already, the energy sector has dialed down growth plans while waiting for pipeline decisions to be made.  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.

"There is no way to prosperity, prosperity is the way. "  -Wayne Dyer

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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