Monday, June 16, 2014

And then there's Alberta

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 16th., 2014
Volume 16, Issue 10

Dear Friends and Partners,

Alberta is certainly getting a lot of well deserved attention these past months. We’re finally launching into another up-cycle. Its felt like a long time to recover from the global recession. Yes, Alberta fared much better than others but it was (and in some places is) still tough. Plan well during the up-cycle, invest prudently and early - plan your investments for the long-term; those are solid observations to follow.

We have a good buying window now, but it’ll be a short one. Take this opportunity to reposition your portfolio and cash out of some deals to fund other ones as per your investment plan and market timing.

DO - get into action.
DO - understand that everything is a cycle, both up and down; plan for both.

North West Edmonton: Calder 4-Unit Cashflow
Turbo charge your portfolio. This 2002 built 4 suite (Duplex) property is located near Grand Trunk Park and minutes from the Yellow head Trail in the transitional area of Calder.

This property has front entrances for the 2 X 3BD main floor units and rear entrances for the 2X 2BD lower units.

This is NOT a legally built 4-plex but a duplex with lower units added. 

Lots of modern touches and very good square footage. Shared laundry down, parking for 6 cars. Excellent access to Yellow head, downtown and Anthony Henday.

Comes complete with great tenants making this a totally turn-key property for you. Calder is a mature area that is showing early signs of transition. HUGE upside potential due to the age of the building, great purchase price, strong economic fundamentals and the proximity of this property in relation to Edmonton's desirable growing core.

*Please note: this is not a target area of Glenn Simon Inc’s but does offer potential for a ‘hands on’ investor.

Purchase price: $665K Total

Investment: $165K
Your Estimated 5 Year Profit $89,085.19K

Your pre-tax Total ROI is 54% 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!

BMO on Canada’s economy: ‘There’s Alberta, then there’s everyone else.'

By Michael Babad, The Globe and Mail, June 10th, 2014

Alberta’s economy powers ahead:  As Bank of Montreal puts it, there’s Alberta and then the ROC where the economy’s concerned.
Everyone knows that the province’s economy is on fire, and that’s its forecast to stay that way, but BMO economists today have fresh numbers to back up a research note titled “There’s Alberta, then there’s everyone else.”  

Looking deeper into last Friday’s jobs numbers, BMO’s Benjamin Reitzes says the Statistics Canada report “reinforced that the Alberta economy is in a league of its own.”

Employment in Alberta, home to Canada’s oil industry, has climbed 3.2 per cent over the course of a year, compared to just 0.1 per cent for the rest of Canada.



Lamphier: Northern Gateway may be the first big pipeline approved, last to be built
$7.9 billion pipeline faces many hurdles beyond Ottawa’s OK

By Gary Lamphier, Edmonton Journal, June 13th, 2014

EDMONTON - Neil Young insists “rock stars don’t need oil,” but since crude is Canada’s top export, our resource-driven economy certainly does.
So unless Stephen Harper suddenly changes his tune — which seems as likely as Young retooling his LincVolt to run on gasoline — Ottawa appears close to approving Enbridge’s $7.9 billion Northern Gateway pipeline project.

The Prime Minister and several of his key cabinet ministers have broadly hinted as much in recent days, so the decision itself appears to be little more than a formality, although some speculate it may yet be delayed.

But don’t attach too much significance to the ruling. This is a marathon, not a sprint, and the jockeying and legal games have just begun.

Multiple court challenges are already filed or expected from various First Nations and environmental activist groups, and the project’s many critics in British Columbia are as vocal as ever.  GRAB THIS STORY


Hodgson: How to keep Alberta’s economy the world’s best

By Glen Hodgson, Calgary Herald, May 16th, 2014

Like the famed Calgary Stampede, Alberta’s economy is the Greatest Show on Earth. Riding the resource wave, Alberta has the top-performing economy among the 10 provinces and 16 of the most advanced countries in the world. The challenge for Alberta is to keep it that way, as competitors rebound and the global economy continues to shift.
The Conference Board has been assessing Canada’s overall economic and social performance for almost two decades. This year, for the first time, we incorporated individual provincial results into the first of six report cards in our How Canada Performs analysis. This one — the economic report card — is a snapshot ranking of each province’s most recent performance. It reveals that Alberta gets an A+ overall, with high grades across most of the indicators that are used to assess the performance of an economy. 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.

“Opportunities are like sunrises. If you wait to long, you’ll miss them."  - William Arthur Ward

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.

No comments: