Tuesday, November 01, 2016

Happy All Saints Day

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

November 1st., 2016
Volume 21, Issue 8

Dear Friends and Partners,

I write our newsletters a few days early in the hopes to have them out to you in time. Thus, we’re a few days before Halloween and I thought I’d repost some scary house stories.

10 Horrifyingly True Real Estate Stories from Curbed Readers,
Michelle Goldchain, originally published January 7, 2015.

"Last Halloween, we published three horrifyingly true stories from real estate agents. Despite raccoon carcasses and a naked woman, many of our readers found the stories to not be horrifying enough. Because of this, many decided to supply their own stories, definitely one-upping the ones we had. We compiled the 10 best stories from our readers, unedited and untampered with. We're unsure of just how "true" these stories are, but if you're looking for spooky stories to read at night, then these should help keep you up. If you think you can one-up these stories as well, feel free to add your own experiences in the comments. Read them all here …"

If those aren't scary enough try these:

22 Shiver-inducing stories behind America's most haunted houses HERE
True Canadian Ghost Stories HERE

Bonnie Doon Bungalow Conversion: 4-Unit, Reno-deal. Cash-flow central

Turbo charge your portfolio. This is currently a Side by Side that can be turned into a 4-Unit. * These are pre-renovation pictures *

Price includes interior, exterior renovation and landscaping costs. Great, soon to be 4-unit bungalow, 10 minutes from downtown; a winner to add to any portfolio. 1978 German built, well maintained.

Terrific access to local amenities in mature Bonnie Doon. As part of renovation package; all new appliances, shingles, flooring and suite upgrades. This property will have 2 X 2 bd suites added down. Plus 2 X 3 bd on the main. Features oversized double garage and pad. This property has a tried and true layout and is built to last. Purchase price includes reserve fund and large reno conversion costs to make the property shine! Renovations always present as a 10/10 on quality and style. This is a turn-key deal. Excellent access to U.O.A and downtown and in the highly rentable and desirable neighbourhood of Bonnie Doon.

Comes complete with great tenants making this a totally turn-key property for you. Bonnie Doon is a sought after mature neighbourhood that is convenient for tenants working downtown and attending U.O.A. 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: $680,000
Total Investment: $160,000
Your Estimated 5 Year Profit: $108,076
Your pre-tax Total ROI is 67.5% or 13.5% 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!


Gary Lamphier: RMS Builders still among Canada’s fastest growing companies

By Gary Lamphier Edmonton Journal, October 28th., 2016

A year ago, RMS Builders joined a star-studded cast of promising junior firms when it was named the fastest-growing builder and the second fastest growing company in Canada.

The honour was bestowed on the low-profile, Edmonton-based general contractor and real estate developer by Canadian Business magazine in its annual Profit 500 rankings.

RMS earned the spotlight by generating 2014 revenues of more than $30 million, up an eye-popping 15,000 per cent over the previous five-year period. RMS has built its business one small step at a time, on bread-and-butter projects such as suburban hotels and car dealerships.


Gary Lamphier: Tepid economic growth to slow even further, says Bank of Canada

By Gary Lamphier, Edmonton Journal, October 19th, 2016

Although he’s more folksy and plain spoken than his predecessor, Bank of Canada governor Stephen Poloz doesn’t exactly peel the paint off the walls when describing the feeble state of the economy.

Like any central banker, Poloz speaks in code, doling out highly nuanced, carefully worded tidbits on manufacturing, housing, exports, investment and other key aspects of Canada’s $2-trillion economy.

But no matter how opaque his language, it’s hard to miss the central point of the Bank of Canada’s latest monetary policy report, delivered by Poloz Wednesday in Ottawa: Canada’s economy sucks. In fact, it sucks even more than he thought just a few months ago. GRAB THIS STORY


Opinion: Time for Alberta to invest in a new kind of energy workforce

By Kerry Oxford, Edmonton Journal, October 28th, 2016

As a mechanical engineering technologist who’s been stuck in the boom-and-bust cycles of oil and gas, I’ve come to realize that it’s time for a change. We need to create a more stable and diversified future.

My work experience has taught me that much of what the industry has been doing is both short-sighted and unnecessary. Albertans and other Canadians affected by the latest commodity bust deserve a more stable economy — and that’s within our reach.

I was born in England but have lived in Calgary most of my life. When I was laid off from my welding job in 2009, I went back to school and got a diploma in engineering technology. When I was laid off again in 2015, I decided I would rather work for myself than be reliant on the volatile fossil fuel 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.

“Don’t watch the clock. Do what it does and keep going!” 
-Sam Levenson

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