Edmonton Real Estate Investor

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

February 1st., 2013
Volume 13, Issue 10

Dear Friends and Partners,

Lots of news in the market these past few weeks. The arena deal finally approved, a proposed upgrade to host world Triathlon event, the $3B+ budget deficit and a newly discovered potential Australian oil play. What to make of it all?

One idea to get the province of Alberta on track is adding a sales tax. We have it pretty good here and are provincially well positioned to add a balancing income from spending. Just one way to do it. As I've said before, no matter how diversified we are in Alberta, we still are driven by Oil and Gas. We need routes to get it out of the province and it doesn't look like it's going to be via the Northern Gateway; its much more likely to be on a CN rail track. A train track should be a heck of a lot faster than developing a speculative oil-play in Australia too.

In fact, getting this oil out of Alberta will help the budget too not just with the obvious new market, but with an increase in jobs, industry and 360 degrees back to diversification of the province. Whether you're for or against the arena deal, you've got to admit that in 10 years from now we should have a pretty cool city centre; arena, new airport development and Hawrelak Park.

South Central Edmonton: 4-Suite Cashflow Property in Forest Heights

Turbo charge your portfolio. Upgraded 1966 built 4 unit property with separate entrance to lower suites. Upper units have been renovated and using our PPI strategy the lower units are upgraded at purchase and costs wrapped into mortgage. You'll find spacious 2 X 3 bd upstairs and bright 2 X 2 bd units downstairs. Renovations at time of purchase to include 2 HWT and windows. The 2 lower units are each 750 sqft units with shared storage. Features down include some new counters and flooring. There is common laundry down. The yard is large and partially fenced. Additional upgrades after purchase will include new windows and exterior/upper suite modernization. 5 minutes to Rowland Drive and ravine, with routes to Yellowhead, 10 minutes to downtown and NAIT. Fast access to the Wayne Gretzky Drive and on 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 and desirable family neighbourhood that will benefit from the downtown development ripple effect. Highly rentable area; solid value and stable rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this home in relation to Edmonton's improving downtown core.

Produces $447.23 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $620K Total Investment: $144,230 K. Your Estimated 5 Year Profit $76,547 K. Your pre-tax Total ROI is 53% 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!

=========================

Natural Gas Fuels New Growth in Industrial Heartland

By Dave Cooper, Edmonton Journal, January 25th 2013

EDMONTON - Years of doom and gloom appear to be over for the Industrial Heartland region northeast of Edmonton, Canada’s largest centre of oil, natural gas and petrochemical processing.
“In the past year we are seeing companies making investments; they see this area as where the future is going,” said Neil Shelly, executive director of Alberta’s Industrial Heartland Association. “The key opportunities in natural gas are a long way from when we were called Upgrader Alley.”

Speaking at the association’s annual stakeholder event on Thursday, Shelly said it feels again like the busy days before oil prices collapsed and caused the cancellation or shelving of all the planned upgrader projects in 2008.

“This is like the gas bubble we had 10 or 15 years back, which brought in a lot of petrochemical development. But now the companies are saying we are going to have these low gas prices for an extended period of time.”
GRAB THIS STORY

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Alberta Economy - Five Trends to Watch in 2013

Commentary: By Todd Hirsch, St. Albert Gazette, January 15th 2013

The start of the year is a good time to look forward and make predictions about what’s coming up. And as always, Alberta’s economy has some thrilling and chilling events in store. Here’s a Top Five list of trends to watch:
5. Improvements in the forestry sector. It’s been a miserable run of it for Alberta’s forestry producers over the last decade or so. If it wasn’t a high Canadian dollar, it was Mountain Pine Beetles, forest fires, trade disputes with the Americans, or sluggish prices.

But the industry started to turn around last year, and 2013 is poised to bring even better days. Spurred on by a gradually recovering U.S. housing market, lumber prices are finally seeing some lofty highs. And most of Alberta’s modern, efficient lumber and pulp mills are now well adjusted to the strong loonie. FOLLOW THIS ARTICLE

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Alberta Economy to Ease in 2013

But 2.7% Growth Remains Near Top of Canadian Leaderboard

By Mario Toneguzzi, Calgary Herald, January 17th 2013
CALGARY — Alberta’s economy is expected to ease in 2013 but will remain near the top of the Canadian leaderboard, says BMO Economics as it released its Provincial Monitor report on Thursday.

BMO also said economic performance across the country continues to vary widely by region but the “gaping divide” between growth rates in Western Canada and the rest of Canada appears to be on a narrowing trajectory.

The report said Real GDP growth in Alberta of 2.7 per cent will be second in the country behind only Newfoundland & Labrador’s 4.5 per cent cent.

But Alberta’s growth is behind the 5.1 per cent it registered in 2011 and the estimated 3.4 per cent in 2012. 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 big picture doesn't just come from distance; it also comes from time." -Simon Sinek

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 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 2010-2014 Top Ten Investment Towns of Alberta and Ontario.

Agreement for Edmonton arena passed by council -
"It's 100 per cent. A deal is done. Council's approved it," Mandel said at a news conference afterwards. "But I'm ...absolutely confident that we will go ahead and at some point in time all of us will go to a new arena with great pride."
"It's spectacular. It'll be the nicest, most dynamic arena you've ever been to. It'll be cool."

The arena is coming amid mixed feelings. Lots of comments about not wanting tax dollars to go to this venture. Read Here

Hawrelak Park Lake to get $1.3M upgrade for triatholon bid - "The lake will get drained and all the sediment that's built up since '99 will be removed and there'll be a channel that will be 20 metres wide over the swim course that will be deepened,” Sheila O’Kelly with the Edmonton Triathlon Academy Read more

A swimable lake in the middle of Edmonton sounds like a good idea to me!

Another "Top Ten" from MSN. I love how London -St. Thomas looks like a werewolf might get you at any second. Not the greatest PR for the place.

The prices are reasonable but how does employment, taxation and quality of life stack up?

Get it here

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

January 15th., 2013
Volume 13, Issue 9

Dear Friends and Partners,

Nice to see you again! Hope the holidays were good and that Santa visited you and your loved ones over the break. But what about you; Have you stepped into your groove for this New Year or are things pretty much the same as the last one? I see a year full of opportunity despite the anxiety and uncertainty others would have you believe. There never is a 'safe time, a right time or even a 'perfect time' other than the ones we create or work towards changing. Maybe its time to set the tone...

Dr. Demartini has put together 'The 8 Steps To The Life You've Always Wanted'. You can go to Dr. Demartini's page here and read more of his insights too. BTW - He'll be in Toronto and Calgary this March/April.

The 8 Steps To The Life You've Always Wanted

1. Every day sit for a moment in silent meditation and concentrate on exactly what you would love to create in your life. Imagine every detail you can and then even more. Imagine your life exactly the way you would love it to be. Let your imagination be real enough to have it come true, yet ideal enough to inspire and stretch you.

2. Write as many details as you can imagine down and begin a dream or goal plan. Writing these down helps make dreams come true. Remember the details.

3. Every day take at least one if not three or even seven action steps to make this goal come true. What you move toward move towards you.

4. Keep records of every synchronous and goal aligning event that occurs, they surround your life. Write all the events that come true each day that demonstrates that you are moving in the direction of your goals.

5. Keep refining your goals, so as to become clearer and clearer each day on your outcomes.

6. As they begin to become real be sure to add new ones all revolving around your chief aim or purpose in life.

7. Be thankful for every supportive and challenging event that helps provide you feedback and fulfillment.

8. Remember the art of creation is set goals aligned to your values* then hold the image through time - the only way to hold the image through time is to keep it in motion and the only way to keep it in motion is to focus on the ever finer details.
Read, Reflect and Do - make everyday count!

North Central Edmonton: 6-Suite Cashflow Property in Kilarney

Turbo charge your portfolio. Upgraded 1969 built 1 and a half story 6 unit property with separate entrance to lower suites. Most units upper units have been renovated. You'll find spacious 3 X 2bd upstairs and bright 3 X 1bd units downstairs. Renovations at time of purchase include new roof, 2 HWT and furnaces. The 3 lower units are each 700 sqft 1 bedroom suites. Features down include some new tiles and flooring. There is common laundry down. The yard is large and partially fenced. Additional upgrades after purchase will include new windows and exterior/upper suite modernization. 5 minutes to Yellowhead, 15 to Fort Saskatchewan, 10 minutes to downtown and NAIT. Fast access to the Wayne Gretzky Drive and on bus routes.

Comes complete with great tenants making this a totally turn-key property for you. Convenient North central area with easy access to transit and downtown. Kilarney is a mature and desirable family neighbourhood that will benefit from the downtown airport ripple effect. Highly rentable area; solid value and stable rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this home in relation to Edmonton's improving North East.

Produces $415.11 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $595K Total Investment: $138,918K. Your Estimated 5 Year Profit $75,410.23K. Your pre-tax Total ROI is 54% or 11% per year

These 6 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!

=========================

Lamphier: Alberta Leads The Pack in 2013 Forecasts

By Gary Lamphier, Edmonton Journal, January 2nd 2013

EDMONTON - Headaches? Sure. Alberta’s energy-fuelled economy has plenty of them.
Take your pick: From hefty oil price discounts to pipeline bottlenecks and growing labour shortages, there’s a lot to worry about.

The global threats to growth are even more troubling, including Europe’s stubborn debt crisis and the political jockeying in Washington, D.C., over the fiscal cliff and federal debt ceiling.

But despite the likelihood of more stormy seas ahead, most economists believe Alberta’s ship will continue to sail at a rapid clip in 2013, leading the nation in economic growth this year and beyond. GRAB THIS STORY

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Edmonton Housing Market Strong: Realtors

By Ryan Tumilty, Metro Edmonton, January 9th 2013

Edmonton’s realtors see a bright future for the city’s housing market this year with strong and steady growth in Edmonton.
The Realtor’s Association of Edmonton made the announcement Wednesday saying they believe the market will grow by three percent, while housing prices will climb two per cent and condominium prices one per cent.

“We think this year very much mirrors the past couple of years with sustained growth, nothing outrageous, just very balanced,” said Darrel Cook, president of the association at the groups annual housing forecast seminar.

John Rose, the city’s chief economist, shared the rosy outlook, but warned there were some challenges ahead.

One of the areas Rose highlighted was the shortage of labour, which he cautioned could make it difficult for some business. FOLLOW THIS ARTICLE

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Canada's Pipeline Hits Slippery Patch
Opposition from environmental groups threatens plans to expand to new oil markets in Asia

By Paul Vieria, The Wall Street Journal, January 9th 2013

OTTAWA—Canadian Prime Minister Stephan Harper's government promised to push new oil pipelines to the Pacific—a gateway to thirsty Asian markets—after Washington early last year rejected a pipeline expansion to boost Canadian exports to the U.S.

But the pillar of that plan—a 730-mile line called the Northern Gateway that would carry crude from landlocked Alberta to the Pacific port of Kitimat—is mired in political and public opposition, focused in the province of British Columbia. That is threatening Mr. Harper's efforts to open new markets for Canada's crude. British Columbia has historically been a hotbed of the environmental movement in Canada. 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.

"Be always at war with your vices, at peace with your neighbours, and let each new year find you a better man. " -Benjamin Franklin

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 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 2010-2014 Top Ten Investment Towns of Alberta and Ontario.

Todd and I were happy to receive our Platinum pin last year from REIN it was a goal we've been working towards for about 7 years.

We've come to a place where we know so clearly the kind of properties that we purchase that we can refine our searches so precisely that the only properties brought to us are those that have already passed a lot of screening.

Cashflow Gold

1. Half duplexes with suites - super low cash entry points and incredible cash flow. Always with a garage. Tenants split utilities and share laundry. This is the income from one of our properties:
Main - $1050
Basement - $750
Garage - $150
That's $1950 a month.

2. Suited bunglows - I have houses that produce $2450 in rental income, this example is $2300. Tenants take care of the utilities and share laundry. We don't buy houses to put in suites because the codes and permits are very strict. It's much easier to buy a place with an existing suite and reno it to be conforming. For example new suites need 2 furnaces existing suites may not.

3. Multiplex Unit - Three or four suited units. Really good cashflow. Up and down suites on each side and one laundry. Tenants take care of utilities. We get these all the time here look at that Cashflow - $485 a month after every expense ( I don't mean only PIT. We're talking taxes, insurance, PM and 12% Repair Maintenance and Vacancy reserve) is very, very good.

We don't buy:

1. Condos or townhouses - Although these units are a low price point you may have condo fees that can increase. We've had condo fees almost double. Never mind the cursed "special Assesment". The worst situation we've had was a $35,000 assessment PER UNIT- were everybody lawyer-ed up and the condo managers were using our fees to pay for their lawyers! Never mind the bylaws on tenanting and pets. Read More Condo HORROR

2. Pre-builds - not even investing. What are you buying???

3. Single Family Homes - What? A house is a good source of revenue but why have only one source of income? You lose a tenant and that's it. There is no income coming in from that property. We don't buy anything without a suite and a single or double garage. That makes three sources of income.

Edmonton comes in 4th and the west, namely Alberta, leads Canada in richest metros.

"The biggest dots on our map are, of course, in Alberta, with tiny Fort McMurray, right next to the Athabasca oil sands, topping the charts. It may not legally be a “city”—the former fur-trading post was granted the title in 1980 only to lose it 15 years later—but it sure shows all the symptoms of a boomtown. A single family home in the community of 61,000—where daylight lasts as little as seven hours in the dead of winter—cost upwards of $750,000 on average in November. That’s even more than in downtown Toronto, where the going price last month was around $740,000." Read More

We are signed up for Garth Chapman's newsletter and get a lot out of it especially regarding financing. Mortgage financing is such a changing environment and with all the new rules there is a lot to consider before you purchase an investment property particularly if you plan to buy more than one partner or intend to have joint venture partners.

Here are a couple of great links:

On Buying a rental property - How the financing game has changed
· An excellent article describing the essence of the changes in the lending market for those of us seeking mortgages for rental properties. Buying a rental property? How the financing game has changed

On a more accurate measure of the Housing Market
· The Teranet–National Bank National Composite House Price Index™ is an independent representation of the rate of change of Canadian single-family home prices. The measurements are based on the property sales records of public land registries, lending accuracy and trustworthiness to the index. I think this is a much more accurate rendering of the change in values of Canadian homes. You can sign up for a monthly newsletter here

As always we started the new year with a goal planning session. Our children are getting older and contribute to their goals as well. It's super fun and sets the bar high for the upcoming year.

We also watched the fireworks displays around the world. Dubai really was amazing but my favorite was Sydney Austrailia.

One of my favorite things is looking at the predictions for the new year posted all over the web. They range from exciting to weird to ridiculous. Here is just a sample of what I've found

Canadian Psychic - CN Towers Falls

Eco Car Predictions

Tech Predictions

America

International

UFOs

From The Futurist Magazine - computing doorknobs are my favorite part!

I'm winding up for the holidays and with that comes the invariably large amount of videos forwarded from friends and family. I don't watch a lot but this one really stuck out.

Obviously people are doing different things than me in their free time. I never get up to this kind of stuff Prepare to be amazed here.

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

December 15th., 2012
Volume 13, Issue 8

Dear Friends and Partners,

With the Holiday Season upon us make sure to spend time with your loved ones. You can't succeed if you don't recede from your work. It's the only way to get a clear picture on where you are and where you are going. So, instead of burning the midnight oil why not sit back relax and drink some eggnog.

Check out the December issue of Canadian Real Estate Wealth Magazine for the 2013 Property Forecast. You'll find our outlook on Alberta along with two other experts in the province.

From our family to yours, we wish you a happy, healthy Holiday Season and prosperous New Year! Our newsletter will resume from January 15th 2013.

North Central Edmonton: 6-Suite Cashflow Property in Kilarney

Turbo charge your portfolio. Upgraded 1969 built 1 and a half story 6 unit property with separate entrance to lower suites. Most units upper units have been renovated. You'll find spacious 3 X 2bd upstairs and bright 3 X 1bd units downstairs. Renovations at time of purchase include new roof, 2 HWT and furnaces. The 3 lower units are each 700 sqft 1 bedroom suites. Features down include some new tiles and flooring. There is common laundry down. The yard is large and partially fenced. Additional upgrades after purchase will include new windows and exterior/upper suite modernization. 5 minutes to Yellowhead, 15 to Fort Saskatchewan, 10 minutes to downtown and NAIT. Fast access to the Wayne Gretzky Drive and on bus routes.

Comes complete with great tenants making this a totally turn-key property for you. Convenient North central area with easy access to transit and downtown. Kilarney is a mature and desirable family neighbourhood that will benefit from the downtown airport ripple effect. Highly rentable area; solid value and stable rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this home in relation to Edmonton's improving North East.

Produces $415.11 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $595K Total Investment: $138,918K. Your Estimated 5 Year Profit $75,410.23K. Your pre-tax Total ROI is 54% or 11% per year

These 6 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!

=========================

Northern Alberta's Robust Economy Focus of Talks with Harper's Cabinet Ministers

EDMONTON - Many Canadians don’t realize how vital the Alberta oilsands are to the national economy, and the need for a public dialogue based on facts is critical to the success of the industry, says the co-author of a report by a leading financial advisory firm.

“The oilsands are going to be the economic engine for the country for the foreseeable future, for the next 25 to 30 years, and it is akin to the impact of building the national railway in the 1880s,” said Marc Joiner, a partner at Deloitte in Toronto.

The firm’s report, Gaining Ground in the Sands 2013, outlines 10 obstacles and opportunities and cites the need for a national debate and some kind of unified action and direction, perhaps along the lines of the Canadian energy strategy being promoted by Alberta Premier Alison Redford.

If federal cabinet ministers Jason Kenney, Maxime Bernier and Ed Fast didn’t fully appreciate just how much northern Alberta’s oilsands-driven economy is contributing to Canada’s GDP, or the magnitude of the region’s pressing labour force needs, they do now.
A delegation of Edmonton business and educational leaders travelled to Ottawa last week, where they delivered that message in spades in private meetings with several senior members of the Harper government.

They included representatives from the Prime Minister’s Office, as well as Immigration Minister Kenney, Bernier (the Minister of State, Small Business and Tourism), and Fast, the Minister of International Trade, Minister of Asia-Pacific Gateway. GRAB THIS STORY

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Edmonton Tops Numbeo Quality Of Life Index, Beats Calgary, Montreal, Toronto and Vancouver

By The Huffington Post, December 3rd 2012

Edmonton beat all Canadian cities, and ranked third in the world in a Quality of Life analysis conducted by Numbeo. The festival city beat Calgary, Montreal, Toronto and Vancouver, and ranked third only to Berlin and Zurich in the index. FOLLOW THIS ARTICLE

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Edmonton Winning Economic Battle with Calgary

By Calgary Herald, November 30th 2012

EDMONTON - Edmonton’s economy and housing market have been improving and are outperforming Calgary on several fronts, according to an analysis from the Conference Board of Canada.
These yardsticks include faster economic and house price growth this year, along with more housing starts in four of the past five months. The city’s housing markets should remain buoyant, fuelled by healthy population advances, said Robin Wiebe, senior economist with the board’s Centre for Municipal Studies. 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.

"Once you make a decision, the universe conspires to make it happen." -Ralph Waldo Emerson

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 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 2010-2014 Top Ten Investment Towns of Alberta and Ontario.

Edmonton, Alberta was ranked the third best place in the WORLD to live by Numbeo

What is Numbeo?
"Numbeo is the world’s largest database of user contributed data about cities and countries worldwide, especially living conditions: cost of living, housing indicators, health care systems, traffic, crime and pollution."

This story came to my attention not because it was on the front page of every Edmonton newspaper but because it wasn't. Edmonton Mayor Stephen Mandel was not impressed. Huffington post's article brought many amusing comments that typically broke out into a fight.

It's crowd sourced information so many have called the ranking unreliable. I live here and I've lived across Canada and in other countries. In my opinion based on my experiences Edmonton is not bad at all in fact it's pretty darn great.

Sure winter is long but if you embrace and get the gear you will have a great time. It's sunny all year round, great affordable housing and so much to do.

I mean you could always live in Vancouver and get an entry level home like this or in Montreal and not have a job - just saying.

I've finally started a job that I put off for 8 months. Yes 8 MONTHS. Everyday the pile taunted me as I cleared lower level tasks on my desk. As I crossed off more and more jobs on my to do lists over the year I still never felt satisfied because they were never the job I knew I should be doing. Other times I would ease tension and kill time I should be using on the big job to surf the net or look up the most ridiculous things.

Finally, finally today I started. I gritted my teeth got down to it and lost about 2 hours in such focus on the job that I was disappointed when I had to stop. It had been so long since I had done this "housekeeping" type job that I had forgotten how to do it. I spent 30 minutes dithering about trying to figure it out until I got it then realized - "Hey I like this job!" wait there is more IT WAS FUN.

So why hadn't I done it? Is it an upper limit problem?

So I give you this:

“Time is an equal opportunity employer. Each human being has exactly the same number of hours and minutes every day. Rich people can't buy more hours. Scientists can't invent new minutes. And you can't save time to spend it on another day. Even so, time is amazingly fair and forgiving. No matter how much time you've wasted in the past, you still have an entire tomorrow.”
― Denis Waitley

and this:

“If it weren't for the last minute, nothing would get done.”
― Rita Mae Brown

I think I will finish this job this week and have a great time doing it. Isn't that funny.

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

December 1st., 2012
Volume 13, Issue 7

Dear Friends and Partners,

I took part in pretty good workshop last week and here's one of the takeaways I got;
"If you want people to listen to you, listen to them". Simple enough, right? Something good to practice everyday and double time over the holidays.

At this event we were seated in tables of 5. I immediately noticed that my partner for the morning session had a real knack at asking excellent questions and then listening empathetically to the reply. Actually, it really wouldn't have mattered if her questions weren't as good as they were, it was at the quality and depth of her listening.

I asked her what line of work she was in and it turned out that she is a psychologist. Now you don't need to be a psychologist to listen well, but granted she's honed her skills. Nevertheless speaking with her reminded me of the effectiveness asking a few quality questions can bring. The real skill can be found in and waiting, listening and drawing out your partners reply - and not necessarily comment on it, just acknowledging it.

Another useful comment the speaker made was to 'Grow your strengths and manage your weaknesses'. It's a fairly popular adage and also a powerful one, especially when you apply it to the people that you work with, your family and your kids. Have them tell you what they perceive as strengths/weaknesses and then build them up whenever you have the chance. If you have kids you know they will love this exercise and your wife will tell you without asking!

Cashflow King - Great Price Killarny 6 Suiter

Turbo charge your portfolio. Upgraded 1969 built 1 and a half story 6 unit property with separate entrance to lower suites. Most units upper units have been renovated. You'll find spacious 3 X 2bd upstairs and bright 3 X 1bd units downstairs. Renovations at time of purchase include new roof, 2 HWT and furnaces. The 3 lower units are each 700 sqft 1 bedroom suites. Features down include some new tiles and flooring. There is common laundry down. The yard is large and partially fenced. Additional upgrades after purchase will include new windows and exterior/upper suite modernization. 5 minutes to Yellowhead, 15 to Fort Saskatchewan, 10 minutes to downtown and NAIT. Fast access to the Wayne Gretzky Drive and on bus routes.

Comes complete with great tenants making this a totally turn-key property for you. Convenient North central area with easy access to transit and downtown. Kilarney is a mature and desirable family neighbourhood that will benefit from the downtown airport ripple effect. Highly rentable area; solid value and stable rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this home in relation to Edmonton's improving North East.

Produces $415.11 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $595K Total Investment: $138,918K. Your Estimated 5 Year Profit $75,410.23K. Your pre-tax Total ROI is 54% or 11% per year

These 6 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!

=========================

Alberta Oilsands to Propel Canadian Economy for Next 25-30 Years, Report Says
EDMONTON - Many Canadians don’t realize how vital the Alberta oilsands are to the national economy, and the need for a public dialogue based on facts is critical to the success of the industry, says the co-author of a report by a leading financial advisory firm.

“The oilsands are going to be the economic engine for the country for the foreseeable future, for the next 25 to 30 years, and it is akin to the impact of building the national railway in the 1880s,” said Marc Joiner, a partner at Deloitte in Toronto.

The firm’s report, Gaining Ground in the Sands 2013, outlines 10 obstacles and opportunities and cites the need for a national debate and some kind of unified action and direction, perhaps along the lines of the Canadian energy strategy being promoted by Alberta Premier Alison Redford.

The Deloitte report lists some facts about the oilsands, including the estimated generation of $2.1 trillion in economic benefits over the next 25 years and 905,000 jobs across Canada by 2035. Outside Alberta, about $5 billion each year in supplies and services will be flooding into the province, primarily from B.C., Ontario and Quebec, states the report. GRAB THIS STORY

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Finding Skilled Workers a Tough Job All Over the World, Not Just Alberta

By Gary Lamphier, Edmonton Journal, November 27th 2012

EDMONTON - With the lowest jobless rate and the fastest-growing economy in Canada, Alberta is again grappling with labour shortages.
The situation isn’t yet as severe as it was at the height of the last boom, but if existing trends persist, a repeat of 2006-2007 may be just a year or two away.

Which is why Alberta government and business leaders have spent the past year pounding the table, warning of a looming shortage of more than 100,000 workers by 2020.

What is less well known, however, is that Alberta’s labour challenges are hardly unique. If anything, the global competition for qualified workers will get far tougher in the years ahead. FOLLOW THIS ARTICLE

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Calgary Top Real Estate Investment Market in Canada, Edmonton Ranked Second

By Mario Toneguzzi, Calgary Herald, November 12th 2012

CALGARY — Calgary has been ranked as the top real estate investment market in the country followed by Edmonton by the Real Estate Investment Network Ltd.
In its Top Alberta Investment Towns report, REIN said that Alberta’s economy has come out on top after a few years of economic turbulence.

The report identifies towns and regions poised to outperform other regions of the province over the next three to five years.

And none is better than Calgary.

“After a couple of roller-coaster years, Calgary is back on a roll. The return of jobs to the city, as well as greatly reduced office vacancy rates show us that the city’s short slump has come to an end,” said the report. “Recording a GDP growth of three per cent in 2011, and one of the lowest unemployment rates in the country, it’s no wonder Calgary is sitting as one of the top places in North America for property investors. When you combine the economic fundamentals, the population growth, and a burgeoning provincial economy, it is easy to see why so many businesses and people have come to call the city home. 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.

"Hard times arouse an instinctive desire for authenticity." -Coco Chanel

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 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 2010-2014 Top Ten Investment Towns of Alberta and Ontario.

Alberta Economic Snapshot for Nov. 17, 2012 Troy Media - "The rest of Canada just doesn’t understand the importance of the oil sands to the economic future of the country; at least that’s the message from a Deloitte study released this week. According to the report, “government revenues related to the industry raised close to $22 billion and provide indispensable support for social programs Canadians value.” The report goes on to suggest if the social license to develop the oil sands is revoked there is no ready alternative to these funds. Canadians from coast to coast need to be aware of the trade-off. Of course there are other issues at play."

Alberta's Economy the best in Canada in 2011 - "Alberta’s economy grew at the fastest rate among the provinces in 2011, expanding 5.1 per cent compared with an increase of 4.0 per cent in 2010, according to Statistics Canada.

The federal agency reported Monday that exports in the province advanced 9.2 per cent, more than four times their pace in 2010. Consumer spending rose 3.4 per cent, driven by household outlays on durable goods, notably new trucks and used motor vehicles, and services. Business investment was up 7.6 per cent, despite a 5.2 per cent decline in investment in residential housing."

Alberta’s economy grew at the fastest rate among the provinces in 2011, expanding 5.1 per cent compared with an increase of 4.0 per cent in 2010, according to Statistics Canada.
The federal agency reported Monday that exports in the province advanced 9.2 per cent, more than four times their pace in 2010. Consumer spending rose 3.4 per cent, driven by household outlays on durable goods, notably new trucks and used motor vehicles, and services. Business investment was up 7.6 per cent, despite a 5.2 per cent decline in investment in residential housing.

Read more: http://www.calgaryherald.com/business/Alberta+economy+best+Canada+2011/7569734/story.html#ixzz2DetXytml

Alberta's Economy keeps market strong - "With Alberta’s economy moderating — but remaining above the national average — the province’s housing markets look to be balanced in 2013, with prices modestly increasing, says a federal agency.
Alberta’s strong net migration, strong full-time employment combined with a low unemployment rate, and continuing low mortgage rates are all contributing to the healthy outlook, said regional economist Lai Sing Louie of Canada Mortgage and Housing Corp.
“The oilsands are Alberta’s ace in the hole — it’s driving our economy,” Louie said at a recent presentation of CMHC’s Alberta economic and housing market outlook."

With Alberta’s economy moderating — but remaining above the national average — the province’s housing markets look to be balanced in 2013, with prices modestly increasing, says a federal agency.
Alberta’s strong net migration, strong full-time employment combined with a low unemployment rate, and continuing low mortgage rates are all contributing to the healthy outlook, said regional economist Lai Sing Louie of Canada Mortgage and Housing Corp.
“The oilsands are Alberta’s ace in the hole — it’s driving our economy,” Louie said at a recent presentation of CMHC’s Alberta economic and housing market outlook.

Read more: http://www.calgaryherald.com/Alberta+economy+keeps+market+strong/7597332/story.html#ixzz2DevVUE76

With Alberta’s economy moderating — but remaining above the national average — the province’s housing markets look to be balanced in 2013, with prices modestly increasing, says a federal agency.
Alberta’s strong net migration, strong full-time employment combined with a low unemployment rate, and continuing low mortgage rates are all contributing to the healthy outlook, said regional economist Lai Sing Louie of Canada Mortgage and Housing Corp.
“The oilsands are Alberta’s ace in the hole — it’s driving our economy,” Louie said at a recent presentation of CMHC’s Alberta economic and housing market outlook.

Read more: http://www.calgaryherald.com/Alberta+economy+keeps+market+strong/7597332/story.html#ixzz2Det0ZA7b

Alberta’s economy grew at the fastest rate among the provinces in 2011, expanding 5.1 per cent compared with an increase of 4.0 per cent in 2010, according to Statistics Canada.
The federal agency reported Monday that exports in the province advanced 9.2 per cent, more than four times their pace in 2010. Consumer spending rose 3.4 per cent, driven by household outlays on durable goods, notably new trucks and used motor vehicles, and services. Business investment was up 7.6 per cent, despite a 5.2 per cent decline in investment in residential housing.

Read more: http://www.calgaryherald.com/business/Alberta+economy+best+Canada+2011/7569734/story.html#ixzz2DesUBeix

Alberta’s economy grew at the fastest rate among the provinces in 2011, expanding 5.1 per cent compared with an increase of 4.0 per cent in 2010, according to Statistics Canada.
The federal agency reported Monday that exports in the province advanced 9.2 per cent, more than four times their pace in 2010. Consumer spending rose 3.4 per cent, driven by household outlays on durable goods, notably new trucks and used motor vehicles, and services. Business investment was up 7.6 per cent, despite a 5.2 per cent decline in investment in residential housing.

Read more: http://www.calgaryherald.com/business/Alberta+economy+best+Canada+2011/7569734/story.html#ixzz2DesUBeix

Read more: http://www.calgaryherald.com/business/Alberta+economy+best+Canada+2011/7569734/story.html#ixzz2DesFQvA8

“For the most part, Western Canadian provinces have been relatively shielded from the fiscal and economic troubles lingering in external markets,”

Read more: http://www.calgaryherald.com/business/Alberta+economy+best+Canada+2011/7569734/story.html#ixzz2DesFQvA8

Read more: http://www.calgaryherald.com/business/Alberta+economy+best+Canada+2011/7569734/story.html#ixzz2Des22wdY

e: helopment of the oilsands is expected to continue to drive economic growth in Alberta, despite the recent slide in oil prices. Tight labour markets – the unemployment rate is down to 4.5 per cent – have boosted wages and consumer spending. Alberta is forecast to lead all provinces in growth for the second consecutive year, with real GDP set to expand by 3.4 per cent in 2012.”

Read more: http://www.calgaryherald.com/business/Alberta+economy+best+Canada+2011/7569734/story.html#ixzz2Des22wdY

Development of the oilsands is expected to continue to drive economic growth in Alberta, despite the recent slide in oil prices. Tight labour markets – the unemployment rate is down to 4.5 per cent – have boosted wages and consumer spending. Alberta is forecast to lead all provinces in growth for the second consecutive year, with real GDP set to expand by 3.4 per cent in 2012.”

Read more: http://www.calgaryherald.com/business/Alberta+economy+best+Canada+2011/7569734/story.html#ixzz2Des22wdY

“Development of the oilsands is expected to continue to drive economic growth in Alberta, despite the recent slide in oil prices. Tight labour markets – the unemployment rate is down to 4.5 per cent – have boosted wages and consumer spending. Alberta is forecast to lead all provinces in growth for the second consecutive year, with real GDP set to expand by 3.4 per cent in 2012.”

Read more: http://www.calgaryherald.com/business/Alberta+economy+best+Canada+2011/7569734/story.html#ixzz2DerqCCQd

From the Alberta, Canada Website:

"From the beginning, the story of Alberta has been tied to the remarkable wealth of the land offered by diverse landscapes, fertile soils, rich forests, and more recently, oil and energy resources. Albertans continue to bring to this land their dreams and aspirations, realizing opportunities, responding to challenges in a spirit of entrepreneurship and industry, their hard work rewarded by beautiful, healthy Alberta that is the best place to live, work, and raise a family.

Today, investors and entrepreneurs from around the world are drawn to Alberta - its energy, optimism and success.

The people of Alberta enjoy a very high quality of life, including the lowest overall taxes in Canada. Albertans have the highest disposable incomes in Canada, the lowest unemployment rate, and a big, beautiful backyard to enjoy all year long. That’s why so many people think Alberta is an ideal place to live, work , and do business."

There is a presentation up from August 2012 the great thing is these presentations don't take a degree in Economics to understand. That is why they are so informative for the layperson to get a feel of what is happening in our province.

Get your PDF here

I used an judgement enforcement company for the first time this month. I had a tenant who was so pernicious and ridiculous that I couldn't deal with this person any more. It dawned on me that receiving 10 - 15 absurd emails a day was something I didn't have to deal with. The only trouble was I've often prided myself on doing everything related to management so it was a big leap for me to hire someone to do something I'm perfectly capable of doing.

Then I realized -as landlords and business owners there is a lot that we delegate, taxes, cleaning, repairs and the list grows as your business grows. There comes a time when you are managing that you have to remove yourself from a tenant situation and let someone totally impartial do the job. Credit Info Canada did everything and the only time they contacted me was to tell me the job was done and there was an order to vacate against the tenant.

I love that.

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 15th., 2012
Volume 13, Issue 6

Dear Friends and Partners,

Fantastic news last week about Fort Saskatchewan's $5.7B up-grader approval. Work is slated to start as early as spring 2013 and requires 3000 full time jobs for three years - and there will be a job spin off creating an additional 3000+ support/industry jobs.

I remember these same headlines in 2003 starting to creep in. I think the growth spurt this time will be more manageable than the sharp increase and decline we had last time around. So, position yourself well, we've got a lot of green-lights lining up ahead.

Renovation Special - South Central Edmonton: 4-Suite Cashflow Property in Avonmore
Here's a renovation special that offers value and will turbo charge your portfolio. We've added all costs to renovate and calculated post-reno projections - currently renovations have not been started. Soon to be: Upgraded 1965 built suited side by side bungalow with separate entrance to lower suites. Upgraded upper suites are a 1 X 2bd and 1 X 3bd fully self contained, bright units. Renovations at time of purchase include flooring, paint and appliances. The lower units each have a 1 bedroom 900 sqft suite. Features down include new bathrooms, tiles, counters and flooring. Features include en-suite laundry. The yard is a divided and fenced. There is a double detached garage with automatic door and opener, bringing additional revenue. Additional upgrades after purchase will include new windows and exterior/upper suite modernization. 10 minutes to U.O.A., 5 Mins to Whyte Ave, Bonnie Doon and Downtown. Fast access to the Yellowhead and Whitemud via Wayne Gretzky Drive, on bus routes. These pictures are pre-renovation.

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. Avonmore is an established and desirable neighbourhood featuring highly rentable area; solid value and stable rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this home in relation to Edmonton's trendy South side.

Produces $397.22 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $575K Total Investment: $132,120K. Your Estimated 5 Year Profit $72,069.88K. Your pre-tax Total ROI is 55% or 11% per year + $397.22 Cash Flow

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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Communities Around New Upgrader Project looking Forward To Economic Impact

By Julia Parish, CTV News Canada, November 8th 2012

On Thursday, Sturgeon County officials said a major upgrader project, with significant economic spinoffs, has been confirmed – and construction is set to start in early 2013.

Officials said the joint project called the North West Redwater Partnership Sturgeon Refinery Project (NWR) was announced by partners North West Upgrading Inc. and Canadian Natural Upgrading Limited.

Once it’s finished, the project will be billed as the world’s first clean bitumen upgrader, and the first one to be built in the province in decades.

“This is the first upgrader that’s been done in Alberta in the last nearly thirty years,” Energy Minister Ken Hughes said. “This is a very important step forward.”

In a release, Sturgeon County Mayor Donald Rigney said the project was the result of ten years of work with the team behind the project. GRAB THIS STORY

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Energy Sector Grapples With Acute Labour Shortage

By Yadullah Hussain, Financial Post, October 29th 2012
Any legitimate job offering $80,000-plus as a starting salary should be an easy sell to students in these troubled economic times, right? Wrong.

“Even in Alberta there is a poor connection in the K-12 education system to find balanced information about the oil and gas industry,” says Cheryl Knight, executive director and chief executive of the Petroleum HR Council of Canada. “The environmental messaging is much more attractive and probably easier to make interesting for students everywhere. It is a key problem that our industry faces, even just outside my door.”

The Calgary-based organization, partly funded by the Government of Canada’s Sector Council Program and supported by prominent bodies such as the Canadian Association of Petroleum Producers, says this is just one of a number of challenges facing the energy industry. FOLLOW THIS ARTICLE

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Edmonton's low Unemployment Rate Second Only To Regina's

By Edmonton Journal, November 2nd 2012

EDMONTON - The city’s unemployment rate remained the second lowest in the country in October, according to Statistics Canada.
Unemployment in the Edmonton census metropolitan area (CMA) dipped 0.2 percentage points from the previous month to 4.3 per cent, the federal agency said. It’s the second month in a row that Edmonton has posted the nation’s second-lowest jobless rate among CMAs. Only Regina, at 3.9 per cent, was lower in October.

The federal agency said Alberta had the lowest unemployment rate in Canada in October, at 4.5 per cent. That was up 0.1 percentage points from September. 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.

"Sometimes the poorest man leaves his children the richest inheritance." -Ruth E. Renkel

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 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 2010-2014 Top Ten Investment Towns of Alberta and Ontario.

What a beautiful day outside if you're looking out your window. Driving in it not so nice. Days like this remind me of why Edmonton should become a winter city. We could play it so well.

Yesterday's balmy 7C made me think- what if winter in Edmonton stayed this way? Last year was warm what if it just keeps getting warmer? It would certainly change the dynamic of the city. I wonder if Edmonton would explode in population growth as it became "easier" an easier place to live.

The jobs are enough to beckon many but some must still stay away because of the extreme temperatures. I'm thinking the call of the loonie is compelling enough to get a good winter gear and get out here.

I even bought a pair of Sorels this year the serious up to your knee -40C ones. They are awesome. This coming from a girl who tottered around in 4 inch oxblood Italian leather boots her first year in Edmonton. They now slump salt stained in the back of my closet waiting for summer.

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., 2012
Volume 13, Issue 5

Dear Friends and Partners,
Do you get a little nervous when you're about to make a big 'change'? Some things I jump right into and others make me feel apprehensive. It was a big step for us to leave our successful business overseas and return to Canada. It was a lot of hard work to set up our property management arm but it is also a big success.

We recently went through a transition with one of our team members. He ran one of our repair crews and the job him and his team did was a valuable part of our business. We came to a point where we are growing and improving but his team was slipping into contentment. In order for us to move forward, operate our business better and serve our clients more attentively - we needed to let him go.

We had a bit of trepidation about this (aside from the personal relationship we have with him; as we tried to increase skills and motivation to keep him on board) as it is a real challenge to find and retain, reliable, skilled staff in a booming Edmonton. But - we did it. We let go of the fear, set specific targets and attracted (with much screening) the person and team we needed.
I think approaching this transition from an empowered and excited belief we created and improved the crew we needed. Makes you wonder - what things do you put up with because they are to hard or daunting to change? Imagine the liberation you will feel being freed from your situation.

Just do it!

Reno Special - South Central Edmonton: 4-Suite Cashflow Property in Avonmore

Here's a renovation special that offers value and will turbo charge your portfolio. We've added all costs to renovate and calculated post-reno projections - currently renovations have not been started. Soon to be: Upgraded 1965 built suited side by side bungalow with separate entrance to lower suites. Upgraded upper suites are a 1 X 2bd and 1 X 3bd fully self contained, bright units. Renovations at time of purchase include flooring, paint and appliances. The lower units each have a 1 bedroom 900 sqft suite. Features down include new bathrooms, tiles, counters and flooring. Features include en-suite laundry. The yard is a divided and fenced. There is a double detached garage with automatic door and opener, bringing additional revenue. Additional upgrades after purchase will include new windows and exterior/upper suite modernization. 10 minutes to U.O.A., 5 Mins to Whyte Ave, Bonnie Doon and Downtown. Fast access to the Yellowhead and Whitemud via Wayne Gretzky Drive, on bus routes. These pictures are pre-renovation.

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. Avonmore is an established and desirable neighbourhood featuring highly rentable area; solid value and stable rents. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this home in relation to Edmonton's trendy South side.

Produces $397.22 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $575K Total Investment: $132,120K. Your Estimated 5 Year Profit $72,069.88K. Your pre-tax Total ROI is 55% or 11% per year + $397.22 Cash Flow

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!

=========================
Alberta's Oil Riches Driving Canada's Economy: BMO

By Lauren Krugel, Canada Press, October 9th 2012

CALGARY — Canada’s economic growth is being driven by resource-rich Western provinces, according to a Bank of Montreal report released Tuesday.

Alberta leads the pack, with the bank predicting 3.5% real GDP growth this year, falling back a bit to 2.9% in 2013.

“The energy sector remains the key driver of economic activity in the province, with crude bitumen production up 16% year-over-year through the first half of the year, and the Energy Resources Conservation Board expecting oil sands output to more than double by 2021,” said economist Robert Kavcic.

The energy sector’s strength has attracted workers from elsewhere in Canada to Alberta, which has the country’s lowest unemployment rate at 4.4%. GRAB THIS STORY

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U.S. Market For Oil Strong and Enduring: U.S. Consul General

By Sheila Pratt, Edmonton Journal, October 10th 2012
EDMONTON - Despite a drop in demand for oil in the United States, Alberta producers will always have a strong market south of the border, says Peter Kujawinski, the new U.S. Consul General in his first visit to Edmonton.

Though he’s been in Alberta less than a month, Kujawinski has already visited the oilsands and his Calgary office is welcoming the first American tradesman to Fort McMurray under the new labour mobility agreement — all which signal of the importance of the oilsands in the Canada — U.S. energy relationship, he told the Journal in an interview.

While U.S. demand for oil has “flatlined’ in recent years, that should not affect Alberta’s export prospects, said Kujawinski, adding that the economic downturn of 2008 was one reason behind the flat demand. FOLLOW THIS ARTICLE

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Lamphier: Ontario Wants Bigger Slice of Oilsands Pie
Alberta Steel Manufacturers Also Fighting for Their Share

By Gary Lamphier, Edmonton Journal, October 11th 2012

EDMONTON - Despite the tepid global economy, oilsands activity continues to ramp up, generating jobs and wealth across Alberta and beyond.
The importance of the oilsands as a key driver of national economic growth seems to be lost on B.C. Premier Christy Clark, who has attacked Enbridge’s Northern Gateway project to score political points at home, in a bid to win re-election.

But the government of Ontario Premier Dalton McGuinty — a once-vocal oilsands critic who is facing huge political pressures of his own — is singing a far less parochial, more magnanimous tune these days.

Just a few months ago, McGuinty (along with federal NDP leader Thomas Mulcair) griped publicly about the negative impact Canada’s high-flying “petro-dollar” was having on Ontario’s export-driven, manufacturing-based 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.

"Man cannot discover new oceans unless he has the courage to lose sight of the shore." -Andre Gide

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 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 2010-2014 Top Ten Investment Towns of Alberta and Ontario.

House building booms again - “There is a feeling in Canada that the economy is performing well. Interest rates have kept people in the market,” “As long as people feel they have a job. the future looks okay, they have money and interest rates are where they are, people will continue to look to get into the market.” says Don Lawby, chief executive of Century 21 Canada Click Here

There is hope after the floods - The City of Edmonton is offering those affected by the floods this July some monetary relief. For the next three days you can go to City Hall with proof that your insurance won't cover damages to your property. Click Here

I was on Whyte Ave and saw and saw some amazing photographs of Edmonton in the early and mid 1900's. The city was bustling in both photos and made make think of how Albertans are used to booms and of course busts. Check on the City of Edmonton Virtual Archive for glimpses into our city's history