Wednesday, July 15, 2015

Seize the summmer!

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


July 15th., 2015
Volume 19, Issue 2

Dear Friends and Partners,

When I lived in Japan I was acutely aware of the changing seasons. Spring would start like clockwork on the ‘official calendar day’ and not merge, but explode into summer a little shy of three months later. The Japanese have holidays (like we do) mixed in and out of the year; some reflective of the seasons, others of religion, royalty, birth and death. I find that Edmonton shares a burst of seasonal changes as well albeit some seasons do tend to drag on (yes, winter that is you).

Albertans seize the summer! When the weather is good, it's time to head to the lake, river or mountain. It’s also time to take a break. I firmly believe that claiming a minimum of one ‘rest day’ every six is crucial for mental, physical and creative health. Having young children, my rest days have tended to stretch longer but the trade-off forces me to work more efficiently (sometimes longer) on my work days; compacting them if you will.

I have added a few links below showing the benefits of unwinding and the increase in performance that can be attained. The second link starts strong and has some great points throughout.

"It's Sunday evening but instead of relaxing with your family, you're sitting in front of your home computer. There are just a few emails you have to send out before the week starts, a couple of projects you want to complete in the quiet before the phone calls and urgent emails begin arriving the next morning. You're tired, and vaguely cranky to find yourself working on what's supposed to be a day of rest. But it needs to get done, so you push through….”
JUMP


"Ask any physician and they will tell you that rest is essential for physical health. When the body is deprived of sleep, it is unable to rebuild and recharge itself adequately. Your body requires rest….”  JUMP


North Central Edmonton: Westwood 4-Unit Cashflow 


Turbo charge your portfolio. This 4 unit, 1973 built, RF-3 zoned property is located 2 blocks from NAIT. Walking distance to Kingsway Malland St. Basil School.

It’s a short drive downtown and to Royal Alex Hospital. This property has separate entrances to each suite; 2 X 3 bd and 2 X 2 bd, massive double garage, plus parking pad for six cars.

This property was purpose built and is in good condition. There are good upgrades; HWT, cabinets and flooring. Investment capital includes $10K budget slated for further renovations to modernize, improve value, aesthetics and rent ability. This is a turn-key deal. Excellent access to downtown, transit and college.

Comes complete with great tenants making this a totally turn-key property for you. Westwood is a mature neighbourhood that is desirable for tenants working in the city or attending NAIT. 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: $585,000
Total Investment: $139,040
Your Estimated 5 Year Profit $80,817
Your pre-tax Total ROI is 58% or 11.6% 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!


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Edmonton growth expected to slow down, but not stop.
New neighbourhoods and central core saw majority of growth, mature neighbourhoods didn’t fare as well

By CBC News, July 3rd, 2015

Despite tough economic times in Alberta, Edmonton's city planners say the city will continue growing in 2015 — both up and out.

Yesterday saw the release of the city's second growth analysis, Our Growing City. The report shows that, even with the economic slowdown, Edmonton continued to expand last year.

"It was really a banner year for growth," said Kalen Anderson, director of urban policy for the city.

Anderson noted that in 2014, the city saw more than 12,000 new permits for housing units. Despite the city's recent push for more infill in mature neighbourhoods, the report suggests that the suburban fringe and the downtown core continue to draw the greatest numbers.  GRAB THIS STORY

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Alberta housing market weathering the storm

By Myke Thomas, Calgary Sun, July 11th, 2015 

The Alberta housing market, as a whole, has weathered the headwinds of a slowing economy in 2015 better than many expected, says Todd Hirsch, chief economist at ATB Financial, in the Alberta Economic Outlook for the third quarter of the year.

“Despite a weaker energy sector and shaky consumer demand, housing starts (in Alberta) have continued to hold up quite well over the first half of the year. In May, builders began construction on just over 34,000 homes (on a) seasonally adjusted annualized rates (basis),” says Hirsch. “Even though this is a bit below the 12-month average, Alberta’s housing market is reacting reasonably well to the current economic landscape.”   FOLLOW THIS ARTICLE

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Canada must avoid Greek entitlement

By Anthony Furey, Calgary Sun, July 3rd, 2015

It's a sad day in Canadian politics when a possible future cabinet minister applauds the latest news in the current Greek tragedy.
Niki Ashton, the MP for Manitoba, and a prominent voice in the NDP caucus tweeted "NO to austerity! YES to democracy!" in celebration of Greek voters' rejecting the latest bailout terms offered by the European troika on Sunday.

Ashton also re tweeted more severe and more popular comments made by author and far-left celeb Naomi Klein: "Nobody should be forced to sign their own death warrant. So many Greeks voting no to blackmail and terror. Powerful day.”   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.

“Unless a man has trained himself for chance, chance will only make him look ridiculous."
  -William Mathews

Warm Regards,

Todd and Danielle Millar


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P.S. Stay ahead by checking out Danielle's daily 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 2011 Top Ten Investment Towns of Alberta and Ontario.


1 comment:

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