Saturday, June 15, 2013

Like Fish in Water

"Two young fish are swimming along.  And they happen to meet an older fish who is swimming the other way. He nods at them and says, "Morning boys, how's the water?" And the two young fish swim on for a bit.  And then eventually one of them looks over at the other and goes, "What the hell is water?"

The point of this story is merely that the most obvious, important realities are often the ones that are hardest to see and talk about.

These are the words of David Foster Wallace and they are very relevant if you are a coach, consultant, speaker or teacher because you live in a noisy world."

Ritch Litvin wrote that bit and it's the intro for Steve Chandler's  mentor program.

You've heard me talk about Steve before, because he IS awesome. Anyway, the quote is good and always relevant; we often have to stop or are stopped to notice what is around us. It could be how good (or how bad) we've got it, how the economy is, the city, the kids... it goes on and on.

Stop and observe today.

South Central Edmonton - Four Plex Cash Flow 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!


China Looks to 'Deepen' Energy Ties with Canada: Zhang Junsai

By Jeff Lewis, Financial Post, May 30th 2013

CALGARY — China is counting on “breakthroughs in energy trade” with Canada to help fuel economic growth in the world’s most populous country, one of the country’s top diplomats said Thursday.
Speaking to a Calgary business crowd, Zhang Junsai, China’s ambassador to Canada, said his country is prepared to “deepen” ties with Canada on infrastructure development to help move the country’s oil and natural gas to the West Coast for export.

China’s state-backed energy companies “are watching the development of infrastructure, including pipelines of oil, pipelines of gas,” he said, addressing a question from the floor. So long as there are no political obstacles, “definitely they will come and invest into that.”  FOLLOW THIS ARTICLE


Media Tycoon David Black's Kitimat Oil Refinery Gets Chinese Backing

By Claudia Cattaneo, Financial Post, May 18th 2013

CALGARY • British Columbia newspaper publisher David Black said China’s largest bank has agreed to provide financial backing for his proposed Kitimat-based heavy oil refinery.
The refinery would cost $25-billion to build and all its output would be sold to Asian markets, Mr. Black said in a statement Thursday.

Mr. Black’s company, Kitimat Clean Ltd., and the Industrial and Commercial Bank of China (ICBC) signed a memorandum of understanding in which ICBC agreed to be the refinery’s Chinese financial advisor and cooperate in financing it and associated pipelines.   GRAB THIS STORY


Alberta Business Owners Upbeat Over Prospects of Growth
40% Expect Province's Economy to Improve

By Mario Toneguzzi, Calgary Herald, May 31st, 2013
CALGARY — Alberta business owners are upbeat about their province’s prospects for growth, says a survey released Friday by BMO.

The survey, conducted by Pollara, said 19 per cent of Alberta business owners cite the strength of the local economy as the main advantage to doing business in Alberta; 15 per cent see taxes, which are low and stable and have helped support economic growth, as beneficial; and natural resources are cited by 11 per cent as a key aspect of the province’s competitive edge.

“The recurring theme in Alberta among business owners remains a real sense of optimism, both for the major cities of Calgary and Edmonton and the province as a whole,” said Mike Darling, vice-president of commercial banking for BMO Bank of Montreal. “This sentiment is largely driven by the oil and gas sector, which has seen expansion and growth across many areas of the industry.”   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.

"The key to immortality is first living a life worth remembering."  -Bruce Lee

Warm Regards,

Todd and Danielle Millar

===SPECIAL NOTICE: NO CASH, BUT GOOD CREDIT? CALL US TODAY TO LEARN HOW YOU CAN OWN INVESTMENT PROPERTY===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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