Friday, May 16, 2014

Mars needs women

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


May 15th., 2014
Volume 16, Issue 8

Dear Friends and Partners,

As bad as Mars needs Woman, Edmonton needs fish.

One would have thought that sending fresh fresh from B.C. or Eastern Canada would provide fresh and bountiful choices, but it does not. Many of the top grade selection is exported out of Canada or sold to high end commercial buyers (then resold and shipped again) at point of origin. What’s left is a small portion of select fillets and lesser grades that are shipped throughout Canada and processed.

 Now, with Icelandic Air flying directly between Edmonton and Reykjavik fresh fish, make that really fresh fish, is finally here!  There is discussion of sending local Bison and beef back to Iceland as well.

I like this story because it shows what can happen when Alberta opens up and begins trading on a larger scale, no matter the product. And having fresh fish is just another thing that makes Edmonton a desirable place to live, increasing the social and economic value of our province.


South Central Edmonton: Strathcona Tri-Plex Cashflow 

 Turbo charge your portfolio. This 100 year old, 3 floored and 3 suited property is located on a treelined street, 1 minute from park, school and 5 minutes from trendy Whyte Ave.

This 1914 built property has a covered porch entrance for the 1 X 2BD main floor unit and the 1X 2BD upper unit. The 1X 1BD basement suite has it’s private entrance around the back of the property.

This is a legal non-conforming triplex and is in great shape with an effective age of about 1980.

Our renovation team will add a few tweaks to modernize the lower unit while retaining the character of the home.

Shared laundry down, parking for 3 cars, fenced yard and garden, 2 balcony/patio suites and fireplace.

Great access to UOA, Whyte Ave., downtown and Saskatchewan Drive.

Comes complete with great tenants making this a totally turn-key property for you. Convenient and extremely sought after area with easy access to UOA, Whyte Ave., transit and downtown. Strathcona is a high demand area with plenty of schools, parks and amenities. 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 growing core.

Purchase price: $475K 
Total Investment: $125K. 
Your Estimated 5 Year Profit $85K. 
Your pre-tax Total ROI is 68% or 13.5% per year 


These 3 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!

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Business Booming at Edmonton explosion-testing lab

By Bill Mah, Edmonton Journal, May 9th, 2014

EDMONTON — A booming resource sector means the CSA Group is seeing explosive growth of its own in Edmonton.

In fact, there will be many blow-ups at its explosive atmosphere testing laboratory in the Edmonton Research Park, which will double in size by September.

“We have explosion chambers where we actually explode the product,” said Ash Sahi, president and chief executive of CSA.

“Let’s say a valve has to be tested so we put it in an explosion chamber, pump in gas and oxygen and a flame and blow it up — just like a bomb.”

Toronto-based Sahi was in Edmonton Friday to turn the sod on an expansion of CSA’s current hazardous locations laboratory.

A new windows and doors test lab, CSA’s first, is also coming in September.  FOLLOW THIS ARTICLE
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Land rush hits Edmonton as hopefuls camp out overnight for individual lots

By Gordon Kent, Edmonton Journal, May 9th, 2014

EDMONTON - There was a modern Edmonton land rush Thursday as people waited outside overnight for a chance to buy property in Oxford Phase 2.

About 250 people lined up to be part of the draw for 40 city-owned lots in the northwest community.

“These days, people want to build their own house the way they want … That’s the major attraction, you can build the way you want,” Rajesh Arora said. “It’s very difficult to get individual lots.”

Arora, who lives in Ellerslie, was among the first 200 people at the Central Lions Seniors Recreation Centre, so his name will be part of Monday’s draw.  GRAB THIS STORY
 
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Alberta leads Canada’s economy

The Advisor.ca, May 12th, 2014

Energy is the fuel and engineering is the machine that keeps Alberta's economy running in high gear, says a BMO report.
Business dynamism in Calgary and southern Alberta continues, says Mike Darling, southern Alberta regional vice president of Commercial Banking at BMO. "Oil and gas companies still dominate the scene, but we see significant opportunity for firms that support the industry spinoffs. This particularly applies to the engineering sector.”  READ MORE HERE
 
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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 secret of getting ahead is getting started."  - Mark Twain

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.

Friday, May 02, 2014

Renovate to Resale

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


May 2nd, 2014
Volume 16, Issue 7

Dear Friends and Partners,

The last couple of months we've talked about the lack of quality inventory in the Edmonton Real Estate market. Typically more properties get listed in spring and this year is no exception. The residential (SFR) sales to listings ratio is 60%, it takes approximately 44 days to sell a home and Edmonton’s Q1 is up approximately 5% from last year: stats thanks to EREB.

 I want to stress that the market is stable and firmly based in the economic fundamentals of Alberta. There will be a time when prices go wonky and I’ll be the first to let you know, but we’re not anywhere near there. There’s a pressure created on sourcing new buys. But an equally positive pressure exists for smart sellers. Now is a good time to clean up your portfolio and reposition properties, be it to sell smaller ones to get into larger ones, or cull pack to keep the highest performers.

Despite the Condo/Town House market pricing remaining flat, there still exists a premium to be paid for clean, nicely renovated, turn-key properties. We’re on reno-mode for several of our  Town Houses that have successfully completed the buy-hold cycle and are cashing out. Of the two (of six) we’ve listed so far, they’ve gone pending at or slightly over list price within the first 48 hours. Now, a lot went into creating these results, but you can do it too. Remember to; renovate to sell, list for the right price (don’t over list!), present your property vacant, stage it, use a marketing system to sell, professional photographs and an outstanding Realtor. In any market there are deals to be had for both buyers and sellers.

If you’re waiting to add to your portfolio my advice is to do it now as we are on a pricing upswing and its a challenge to find quality property at the moment. If you have some to sell and re-invest the profits with, now is a good time (to take advantage of buying at a lower price). If you are trying to max out your sell price, you can probably hold on a while longer depending on the property type and quality - remember not even the greatest investors are able to predict and time the market 100% of the time.

Strathcona Character Tri-Plex


Turbo charge your portfolio. This 100 year old, 3 floored and 3 suited property is located on a treelined street, 1 minute from park, school and 5 minutes from trendy Whyte Ave.  This 1914 built property has a covered porch entrance for the 1 X 2BD main floor unit and the 1X 2BD upper unit. The 1X 1BD basement suite has it’s private entrance around the back of the property. This is a legal non-conforming triplex and is in great shape with an effective age of about 1980. Our renovation team will add a few tweaks to modernize the lower unit while retaining the character of there suite. Shared laundry down, parking for 3 cars, fenced yard and garden, 2 balcony/patio suites and fireplace. Great access to UOA, Whyte Ave., downtown and Saskatchewan Drive.

Comes complete with great tenants making this a totally turn-key property for you. Convenient and extremely sought after area with easy access to UOA, Whyte Ave., transit and downtown. Strathcona is a high demand area with plenty of schools, parks and amenities. 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 growing core.

Purchase price: $475K 
Total Investment: $125K
Your Estimated 5 Year Profit $85K. 
Your pre-tax Total ROI is 68% or 13.5% per year 

 These 3 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!


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Hotel Investment in Alberta see strong hike 2013

By Mario Toneguzzi, Calgary Herald, April 3rd, 2014

CALGARY - Investment in Canada’s hotel market in 2013 was one of the strongest annual performances in a decade with a healthy showing from Alberta.
The 2014 Canadian Hotel Investment Report, by Colliers International Hotels, said buoyed markets, easy access to capital, investor optimism and demand for hotel properties propelled deal activity by 72 percent year-over-year as 115 transactions were recorded in Canada, surpassing $2 billion in volume, which was significantly higher than the $1.2 billion and $1.1 billion in deal volume recorded for 2012 and 2011 respectively.

The Colliers International Hotels’ report also forecasts a robust 2014 with a solid level of deal activity ranging between $1.25 billion and $1.75 billion.  FOLLOW THIS ARTICLE


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Edmonton revitalization project gets cash - Journal of Commerce

By Richard Gilbert, Staff Writer - Journal of Commerce, April 28th, 2014

The plan for the revitalization of downtown Edmonton has secured a long-term source of project funding, as a result of a new joint initiative between the city and the provincial government.
“By approving the Community Revitalization Levy (CRL), the Government of Alberta is showing its commitment to helping Edmonton build a stronger downtown,” said Edmonton Mayor Don Iveson.

“The CRL is a vital piece in implementing the catalyst projects outlined in the city’s award-winning downtown plan. We’ve seen that investments in public infrastructure encourage growth, and using that strategy, Edmonton is dedicated to building a vibrant capital city.”  READ MORE HERE

 
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Canadian oil and gas touted for Europe amid Ukraine troubles

The Canadian Press, April 23rd, 2014

The Russian invasion of Crimea is making Alberta's oil and gas more attractive in European capitals, says Poland's ambassador to Canada.
Poland supports the idea of importing Canadian oil and gas, envoy Marcin Bosacki said Wednesday prior to the start of a two-day visit to his country by Foreign Affairs Minister John Baird.

"This point of view is being shared in a growing number of European capitals in the last two months since the Crimea invasion," Bosacki said.

"Of course, we are absolutely in favour of increasing the abilities of ... western Canada oil and gas to be exported also to Europe."

Earlier this week, Polish Prime Minister Donald Tusk argued in an article in the Financial Times that the European Union should become less dependent on Russian energy sources. READ MORE HERE
 
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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.

“One secret of success in life is for a man to be ready for his opportunity when it comes."  - Benjamin Disraeli

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.