Edmonton Real Estate Investor

from i65photobucket.com

You can vote and have a say on what historical pictures of Edmonton go into a calendar they are making (not sure for when I think 2014).

Some are so interesting as you can see huge changes to familiar areas now. The comments are also enlightening hearing from people who these pictures spark memories of events from their lives.

Check it out! Vintage Edmonton

"When it comes to the real estate market, the conjecture is flowing, the questions being posed, the concern mounting. In the majority of the country, this concern is all focused on markets perceived to be ‘over-priced’ or ‘over-heated.’

However, with a quick trip west to Alberta you find the concern is on the opposite end of the scale with the experts asking the question: “Why isn’t the market booming like it was in 2007?”

This is a great question because I feel like we are back in 2006 - mortgage rates are low, employment figures are high, in-migration is visibly high and yet the house prices are lagging....

READ WHY

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

April 15th., 2013
Volume 14, Issue 5

Dear Friends and Partners,

A crow was sitting on a tree, doing nothing all day. A small rabbit saw the crow, and asked him, "Can I also sit like you and do nothing all day long? The crow answered: "Sure, why not." So, the rabbit sat on the ground below the crow, and rested. All of a sudden a fox appeared, jumped on the rabbit, and ate it.

Management Lesson:
To be sitting and doing nothing, you must be sitting very, very high up.

I was reminded of this parable while watching my two sons play; I watch my older son do things that immediately are copied by the 17 month old with completely different and often disastrous results. Such is life.

It reminds me to keep me that what others are doing isn't necessarily good for me. I have to weigh every choice that comes my way and determine it's future effect on my portfolio/life/waistline.

If only that rabbit had weighed his options just a little longer...

South Central Edmonton: 4-Suite Cashflow Property in Bonnie Doon

Turbo charge your portfolio. Upgraded 1965 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 2 X spacious 2 bd units upstairs and 2 X bright 1 bd units downstairs. There is common laundry for the lower units and upper suites have en-suite laundry. Each unit has its own exterior storage locker as well. There is also a double detached garage adding cashflow. Excellent location directly across from Bonnie Doon mall on a small side road, 1 block north of Whyte Avenue. 5 minutes to Rowland Drive and ravine, with routes to the Yellowhead and Whitemud minutes away, 10 minutes to downtown and UOA. Fast access to Wayne Gretzky Drive and on all bus routes.

Comes complete with great tenants making this a totally turn-key property for you. Convenient south central area of Bonnie Doon with easy access to transit and downtown. Bonnie Doon is a mature, sought after area near the university and Whyte ave. 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 south side.

Purchase price: $625K Total Investment: $145,601K. Your Estimated 5 Year Profit $77,327K. Your pre-tax Total ROI is 53% or 11% per year + $400 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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Momentum Builds for Alberta Oil Pipeline to East Coast TransCanada asks producers to sign take-or-pay contracts

By Dan Healing, Calgary Herald, April 2nd 2013

CALGARY — A multibillion-dollar project to send Alberta oil to the East Coast won federal political support on Tuesday and will likely also be supported by producers, an analyst says.
Calgary-based TransCanada Corp. — the energy transporter trying to build the Keystone XL pipeline to Texas — announced it will hold a binding open season on its proposed Energy East Pipeline to gauge shipper support.

The project, estimated to cost between $5 billion and $6 billion, would involve converting part of its existing west-to-east natural gas Mainline to carry oil from Alberta to Quebec, with a new extension to the port city of Saint John, N.B., where it would be able to access export markets where oil currently fetches higher prices. GRAB THIS STORY

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The Oil Sands are an Amazing Story Canada's Not Telling

By Todd Babiak, Globe and Mail, March 1st 2013

How Green Was My Valley, the novel by Welsh writer Richard Llewellyn, is about a young man born into a village of black air, of strikes, of deadly explosions. At the end, you’re keen to accompany the hero, Huw Morgan, out of the coal mines.

More than 50 years earlier, Émile Zola had come to similar conclusions in Germinal.

The novelists and filmmakers who adapted these two works for cinema focused on people – particularly the miners. They were sad, happy, passionate, defeated, pure, compromised, creative, dull, intelligent, stupid.

That is, alive. FOLLOW THIS ARTICLE

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Alberta's Bold Plan to Cut Emissions Stuns Ottawa and Oil Industry

By Shawn McCarthy and Nathan Vanderklippe, Globe and Mail, April 4th 2013
The Alberta government has quietly presented a proposal to sharply increase levies on carbon production and force large oil-industry producers to slash greenhouse gas emissions by as much as 40 per cent on each barrel of production, a long-term plan that has surprised Ottawa and industry executives with its ambition.

Alberta Environment Minister Diana McQueen stunned a recent meeting in Calgary attended by senior oil executives and her federal counterpart, Peter Kent, with the proposal, which goes well beyond anything Ottawa or the companies contemplated, industry and government sources said Wednesday.

The three sides are engaged in intense negotiations, with the industry warning that regulations that are too onerous could undermine the competitiveness of the oil sands sector as it seeks international investment to drive production growth. 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.

"Life takes on meaning when you become motivated, set goals and charge after them in an unstoppable manner." -Les Brown

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.

I signed up for a seminar from Chris at Credit Info Canada. I love seminars. Even at the worst ones I've been able to come away with 1 nugget that will help me improve my business.

I also love meeting people who are going through the exact same challenges day in and day out that I am. We share ideas, contacts and who knows you may even walk away with the golden egg in Alberta - a good handyman.

Chris has been a featured speaker at REIN events and his company fills a unique niche for landlords. They offer special packages from simple credit screenings to tenanting to evictions. I've received money from bad debt that Chris has managed to collect - big smiles here.

Advanced landlording 101

“Minimize your headaches, maximize your returns”

Please accept this invitation to attend the ‘rental course’ that may change the way you do business.

After numerous requests, Chris Bradnam, owner of Credit Info Canada, considered one of the leading experts in Canada dealing with the Residential Tenancy market, is offering this live premium interactive course to answer all your landlording questions you seek. For the first time landlord to the experienced investor or management company, this course is designed to provide current information on taking a tactical and profitable approach to all matters in your rental and investment dealings.

Here’s a brief description of the agenda, act fast as seats are limited:

· Investment locations

· Credit Profiling

· Tenant Demographics

· Evictions

· Advertising your rental

· Self-Management of your property

· Tenant Screening

· Lease and rent to own investments

and much much more!

Cost of this event is $200.00. For reservations of booking information, please contact the offices of Credit Info Canada directly at (780) 486-1183 ‘or’ by email at creditinfocanada@gmail.com.

Date May 4, 2013

Event locale The Coast Edmonton Plaza Hotel

10155 105^th Street Edmonton, Alberta

Time 1:00 p.m. to 6:00 p.m.

Advanced booking is taking place now. Due to limited seating, all reservations are final.

Don't worry about the Canadian housing market. Learn about your area and what's going on there. Toronto prices aren't going to touch you in Red Deer.

“There is no Canadian housing market...At no other time in history has the real estate market in Canada been so regional,”

“If you go to Hamilton, that market is strong. But in Waterloo the market is starting to slow down, even though the cities are only half an hour apart. And what’s going on in Ottawa has nothing to do with Halifax.” Don Campbell, senior analyst and founding partner with the 2,900-member Real Estate Investment Network (REIN).

Alberta's economy is drawing people from all across Canada. Read More 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

April 1st., 2013
Volume 14, Issue 4

Dear Friends and Partners,

When were you last on all fours, head in the toilet, gut heaving and eyes popping; when was your last hangover? I have quaffed less than half a bottle of fine vino over the past decade. The last time I drank too much was probably sometime back in my 20's. Its hard to remember how great the night was, or how much fun I was having, but I sure do remember how bad I felt the next day.

I bring up this disgusting image because I realize that it is very much a kin to a marketplace hangover. See, we have a lot of good news stories in Alberta and then we have the scary global ones. We take two, three, four steps forward with our Alberta economy and then a giant one backwards with politics and pipelines. When we scrutinize a proper real estate investment here, we get excited because it IS a good deal and it will do well. But, just like you might never drink Malibu again, that hangover can burn an image in your mind that really turns your stomach.

For those of us that bought in the late 90's or pre mid-2007 we look back without hangover... For those of us that bought at the party's height, we may still feel a tinge of pain in the temple when we see all the 'good news' stories in Alberta and wonder 'When the heck will my property be at that value again?!"

Real Estate investing is a long-term game. The cycles can last for years and sometimes even decades, just as you can flip a house in a day and make money. Unfortunately real estate isn't a very liquid asset and the time we want to, or need to, cash out may be at the worst time in the cycle.

Moving forward, investing in Edmonton and other parts of Alberta is going to seem like a warm house-party. There will be good news stories, lots of laughs and long friendships made. Some will enjoy the festivities too much and leave with a hangover while others will have made friends (investments) for life.

The best thing you can do is stress-test your potential property by calculating higher interest rates, factor in lower rents, use down payments of 20% or more, manage effectively and know what your exit strategy is before you buy. There are more ways to mitigate risk and different strategies to employ that will allow you to leverage better and protect yourself more, but for now we will focus on avoiding a hangover.

South Central Edmonton: 4 Suite Cash Flow Property in Bonnie Doon

Turbo charge your portfolio. Upgraded 1965 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 2 X spacious 2 bd units upstairs and 2 X bright 1 bd units downstairs. There is common laundry for the lower units and upper suites have en-suite laundry. Each unit has its own exterior storage locker as well. There is also a double detached garage adding cashflow. Excellent location directly across from Bonnie Doon mall on a small side road, 1 block north of Whyte Avenue. 5 minutes to Rowland Drive and ravine, with routes to the Yellowhead and Whitemud minutes away, 10 minutes to downtown and UOA. Fast access to Wayne Gretzky Drive and on all bus routes.

Comes complete with great tenants making this a totally turn-key property for you. Convenient south central area of Bonnie Doon with easy access to transit and downtown. Bonnie Doon is a mature, sought after area near the university and Whyte ave. 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 south side.

Purchase price: $625K Total Investment: $145,601K. Your Estimated 5 Year Profit $77,327K. Your pre-tax Total ROI is 53% or 11% per year + $400 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 Economy Continuing its Impressive Boom

By Mario Toneguzzi, Calgary Herald, March 19th 2013

CALGARY — Any dark clouds that are currently hanging over Alberta will clear by 2014, paving the way for strong business and consumer activity, says a report by RBC Economics.

The bank’s latest Provincial Outlook, released Tuesday, said the province’s economy will continue its “impressive boom” through 2013, after leading the country’s economic growth in 2012, despite facing challenges.

RBC forecasts a provincial real GDP growth rate of three per cent due to strong crude oil production as well as high levels of capital investment, employment and population growth. This will be second in the country behind the 5.1 per cent growth expected in Newfoundland & Labrador. GRAB THIS STORY

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Lamphier: Alberta's population Boom isn't Shaking Foundation of housing Market

By Gary Lamphier, Edmonton Journal, March 22nd 2013

EDMONTON - If you’re looking for a job in Newfoundland and Labrador, good luck. You’ll need plenty of it.

For every job opening, there were 16 job seekers in December, according to recent StatsCan data. In New Brunswick, the ratio was a still-stratospheric 10.5-to-one.

The odds of landing a job were only marginally better in Ontario, where eight applicants fought over every vacancy.

Here in Alberta? It’s a completely different story. For each unfilled job there were fewer than two people unemployed in December. No wonder newcomers continue to beat a path to Wild Rose country. Despite worries that discounted crude prices may prompt a slowdown in the oilpatch, the stampede shows no signs of abating. FOLLOW THIS ARTICLE

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Alex McBrien: Why Alberta Needs a Diversified Economy and, Three Ways We Can Get There

By Alex McBrein, Huffington post, March 23rd 2013
The Alberta government is facing a deficit in the area of $4 billion. By now we have all heard the discussions regarding the recommended courses of action that the government should take to make sure that Alberta's finances get back into the black; reform Alberta's taxation system (although the budget saw no such reforms), cut government spending, and diversify Alberta's energy export markets.

All of these will certainly be needed in the short term, to some degree or another, to get Alberta's finances back on stable footing. However, all of the above are just that, short-term solutions to a more systematic issue facing Alberta's economy. University of Calgary economist Ron Kneebone was right to suggest that the real issue at hand is "the [provincial] government's historic reliance on resource revenues to bankroll its operations". Instead, what is needed to mitigate the economic risks associated with being a resource- based economy is a sustained focus on diversifying Alberta's economic base.

This will be a complex and challenging task (as it is for most resource-based economies), however placing focus on areas that build off of Alberta's current economic strengths, that make it easier to set up a small business, and that increase investment in arts and culture are sure to go a long way in achieving this goal. 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.

"Always hold your head up, but be careful to keep your nose at a friendly level." -Max L. Foreman

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.

We're going out to a restaurant tonight that we had to book 6 weeks in advance to get a seat. It's a lot of expectation but apparently this place can deliver. While browsing their site I found this wonderful video.

Which lead me to this channel. I'm not eating lunch today!

Alberta's economic snapshot for March 16, 2013 - With many of Alberta’s economic indicators showing some slowdown over the past several months, it wouldn’t be a big surprise to see more households with strained debt levels. However, according to the number of personal bankruptcies filed at the end of last year, consumers appear to have things under control. Go Read it Here

In my line of work I do see people struggling to keep their finances in order. Recently I have less tenants making late payments than ever.

Fears of a Canada Bubble unfounded - BMO report - Despite significant price hikes the last 10 years, house prices remain affordable across most of the country, with mortgage payments on the average Canadian home eating up a “moderate” 28 per cent of family income, and just 23 per cent when the two costliest cities, Vancouver and Toronto, are factored out, says BMO senior economist Sal Guatieri. Jump to it

Canada's high credit ratings entice global investors - “Money is coming to Canada and for good reason,” “Typically when international markets buckle a little bit, that’s when you see more participants come to Canada.”says Grant Berry, managing director and head of government finance at RBC Capital Markets. Read More

We see Canadian real estate featured in investment shows all around the world. Not because of Canada's "great beaches" but because it's a great investment.

Canada's Shale Boom - Unlocking Alberta's oil and gas -
“80% of the world’s oil reserves are held by national oil companies (NOCs)” says Ken Hughes, Alberta’s Minister of Energy. Hughes is referencing the simple fact that countries — like Saudi Arabia, Iran, Russia, Venezuela, Nigeria, Brazil, Mexico and others — have nationalized their oil industry. Indeed, 80% of the world’s oil reserves are “hands off” for you and me. Although, “of the other 20%” Hughes concludes, “HALF are here in Alberta.” Read more

It seems like a pretty amazing time to be in 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
www.glennsimoninc.com email: info@glennsimoninc.com

March 15th., 2013
Volume 14, Issue 3

Dear Friends and Partners,

Last Wednesday Danielle and I attended Dr. Paul Stoltz's Adversity Quotient seminar. Dr. Stoltz is an energetic and engaging speaker for sure, but I was a little disappointed with the content. Dr. Stoltz could have crammed some tips and strategies into the 3 plus hours of his monologue. There were probably a few 'nuggets' but none spring to mind.

To give you the overall gist, if life were a mountain full of adversity there are two types of people; those that climb (the climbers) and overcome adversity, and those that camp (the campers) that sit out until the trouble passes and/or consumes their lives. So, which do you want to be? Yup, a climber.

Well, unfortunately, Dr. Stoltz was a little shy on telling you how to actually overcome adversity. I'd say that you need to stay on course, have endurance and continually reprogram your brain by incorporating positive patterns that help you deal with challenges. For example, pay attention to your health, relaxation, relationships, goal setting and all the steps/tools you need to learn to educate yourself to reach the 'summit'.

There I saved you a few bucks. You're welcome. I would consider downloading the audiobook and prying out whatever nuggets are hidden in there. In the meantime, keep your chin up, eye on the target and push forward.

Central Edmonton: 4-Suite Cash-flow Property in Queen Mary Park

Turbo charge your portfolio. The advantage of this transitional area is the nearby development of the downtown core (city airport and arena). It is a tougher area for management but offers a lot of upside. The property can be purchased low and combined with $90K of renovation wrapped into a PPI mortgage you can invest in a nice, safe, upgraded building. Note this is pre-renovation and total purchase price after renovations are approximately $550K. Upgraded 1953 built 4 unit property with separate entrance to lower suites. All units to be renovated using our PPI strategy at purchase and costs wrapped into mortgage. You'll find spacious 2 X 2 bd upstairs and bright 2 X 2 bd units downstairs. Renovations at time of purchase to include 2 HWT, windows, kitchens, bathrooms and flooring. The 2 lower units are each 1000 sqft units with access to yard. Features down to include new counters and flooring. Upper units to have newer kitchens, lighting and bathrooms. There is common laundry down. The yard is large and partially fenced. Only 5 minutes to NAIT and downtown, with routes to Yellowhead and Fort Saskatchewan. Plenty of stores, shopping and on bus routes.

Comes complete with great tenants making this a totally turn-key property for you. Convenient central area of Queen Mary Park with easy access to transit and downtown. Queen Mary Park is a mature and transitional area 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 $904.76 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $550K Total Investment: $124,376.36K. Your Estimated 5 Year Profit $76,773.38K. Your pre-tax Total ROI is 62% or 12% 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!

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

Heavy Crude Discount No Cause For Panic

By Yadullah Hussain, Financial Post, February 3rd 2013

While the widening Canadian heavy crude discount has sent the Alberta government scrambling to make up for the shortfall, the province’s oil sands companies are not pressing the panic button — yet.

Stronger balance sheets backing projects, foreign capital and risk-sharing will help the industry weather the downside, Bob German, chief executive of contracting firm Horizon North Logistics Inc., told a recent investor conference.
“Many companies, five years ago, did not partner with anybody to share the risk, but are doing so now.

The staying power given the long-term nature of these projects and through dips in commodity prices are better than they were five years ago,” he said. GRAB THIS STORY

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Alberta's Real Economic Advantage

Diane Francis, Huffington Post, March 4th 2013

Albertans are unique because they don't occupy a parallel universe, living on other peoples' money. They live in the real world and the province's current fiscal deficit has sparked intelligent conversation.

The Alberta Advantage is its adherence to discipline and is why it has the lowest taxes in the country. Alberta is the only debt-free sub-national in the Western Hemisphere. And now that a rainy day has hit, the province is financially resilient: it has some $16 billion (in a stability fund) on hand to ride out shortfalls, a $16 billion Heritage Fund and, most importantly, the backing of its voters to cut spending rather than raise taxes. "There will be no taxes raised," said Premier Alison Redford in a discussion I had with her at an Alberta Enterprise Group gathering this week. FOLLOW THIS ARTICLE

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Highest Average Weekly Earnings in Alberta Tops all province's at $1,094 per week

By Mario Toneguzzi, Calgary Herald, February 26th 2013
CALGARY — Average weekly earnings of non-farm payroll employees in Alberta remained the highest of all provinces in the country in December, according to Statistics Canada.

The federal agency reported Tuesday that earnings in the province were $1,093.58, up 1.2 per cent from the previous month and an increase of 4.2 per cent from December 2011.

“This earnings level was at least 17 per cent higher than that of any other province,” said Statistics Canada. 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.

"It always seems impossible until its done." -Nelson Mandela

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.

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

March 1st., 2013
Volume 14, Issue 2

Dear Friends and Partners,

We seem to be teetering back into the scary-territory for North American and European news. I touched on this a few weeks ago along with the upcoming Alberta budget and tempering talk of a 'bitumen bubble'. It's better to talk a jumper down than to shoot one, and by setting expectations of a tough budget, lower oil revenues and costs of greening the stage is set to anticipate a slower and more challenging market the other half to that being it's pretty tough to predict with certainty what will happen in the future.

Our Alberta and Edmonton economy we will do well. Yes, house prices will go up and down, as will oil. We'll eventually get it up, down and out of Alberta to 'world markets' and that will enable us to get a better dollar for it.

In the meantime we are still on a steady course with a great opportunity to pick up CF properties with stress-tests built in (for example: higher vacancy rates, higher interest rates) to buffer the storms that inevitably come up. There is a lot on the go and so much positive renewal happening in Edmonton right now, it is a shame to let some gloom shadow an otherwise positive outlook.

Central Edmonton: 4-Suite Cash-flow Property in Queen Mary Park

Turbo charge your portfolio. The advantage of this transitional area is the nearby development of the downtown core (city airport and arena). It is a tougher area for management but offers a lot of upside. The property can be purchased low and combined with $90K of renovation wrapped into a PPI mortgage you can invest in a nice, safe, upgraded building. Note this is pre-renovation and total purchase price after renovations are approximately $550K. Upgraded 1953 built 4 unit property with separate entrance to lower suites. All units to be renovated using our PPI strategy at purchase and costs wrapped into mortgage. You'll find spacious 2 X 2 bd upstairs and bright 2 X 2 bd units downstairs. Renovations at time of purchase to include 2 HWT, windows, kitchens, bathrooms and flooring. The 2 lower units are each 1000 sqft units with access to yard. Features down to include new counters and flooring. Upper units to have newer kitchens, lighting and bathrooms. There is common laundry down. The yard is large and partially fenced. Only 5 minutes to NAIT and downtown, with routes to Yellowhead and Fort Saskatchewan. Plenty of stores, shopping and on bus routes.

Comes complete with great tenants making this a totally turn-key property for you. Convenient central area of Queen Mary Park with easy access to transit and downtown. Queen Mary Park is a mature and transitional area 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 $904.76 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $550K Total Investment: $124,376.36K. Your Estimated 5 Year Profit $76,773.38K. Your pre-tax Total ROI is 62% or 12% 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!

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

Alberta Economic Snapshot

By Troy Media, February 23rd 2013

CALGARY, AB, Feb. 23, 2013/ Troy Media/ – Maybe it was the hockey lockout, or maybe just the cold weather. Whatever the reason, Albertans seemed to be in little mood in December for one of their favourite pastimes: shopping.
According to Statistics Canada, total retail sales in the province slumped to $5.712 billion in the last month of 2012, a 2.5 per cent dip from November and the second consecutive decrease. Compared to December of the previous year, total sales are higher by 1.9 per cent. The figures are adjusted for seasonal variation, so any of the effects of Christmas shopping are accounted for. GRAB THIS STORY

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Alberta's Housing Market and Affordability Levels Amongst the Strongest in Canada

Canadian News Wire, February 25th 2013

TORONTO, Feb. 25, 2013 /CNW/ - Alberta's housing market remained vibrant in the final quarter of last year, buoyed by attractive affordability levels, accelerating population growth, a healthy labour market and a strong provincial economy, according to the latest Housing Trends and Affordability Report issued today by RBC Economics Research.
The report indicates that although the pace of home resales slowed in closing months of 2012, the housing market tightened up as fewer properties were listed for sale.

"While homes are not particularly cheap in the province, Albertans boast the highest household incomes in Canada, which helps ensure that the share of their budget taken up by homeownership costs is easily manageable," said Craig Wright, senior vice-president and chief economist, RBC. "Barring an unexpected shock to the economy, housing market conditions in Alberta should remain positive in 2013." FOLLOW THIS ARTICLE

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Redford Signals New Spending for Alberta's non-oil economy in Coming Budget

By Kevin Carmichael, Globe and Mail, February 24th 2013
Alberta Premier Alison Redford is signalling she will not roll out an austerity-minded budget as her government confronts an unexpectedly growing deficit, instead pledging new spending aimed at making her province less dependent on oil.

In an interview in Washington on the weekend, Ms. Redford addressed the debt-and-deficit issue more in the style of President Barack Obama than Ralph Klein, the former Progressive Conservative premier who made balancing budgets his overarching priority. 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.

"Ambition is the path to success. Persistence is the vehicle you arrive in." -Bill Bradley

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.

In the Canadian Real Estate Wealth newsletter this week there was a funny article about a landlord in the US spanking a delinquent tenant. Obviously not the best solution out there but a fun one that you dream of as you make the 15th call to collect rent.

"The police report says late last month, Ron Kronenberger told the 29-year-old renter that if he was going to act like a child, he would treat him like one. Kronenberger allegedly then hit him four times with a belt, leaving small marks.
Police say the tenant told them he was scared and just wanted to get it over with, before dropping his pants as instructed."

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 15th., 2013
Volume 14, Issue 1

Dear Friends and Partners,

Not only have we had warm weather lately, but we've seen a hot start to multi-family real estate in some of our key areas. How about you? What's the real estate climate like where you live? Are you seeing more listings on your street; anything worth buying? Many deals continue to trade hands before hitting the MLS, but you can still standout, like we do, and attract the right vendors to you. We can see a lot of volatility in stock markets as well as local real estate markets and that creates opportunity. I spoke with several will-be, no longer would-be, investors at the last REIN meeting I attended. I helped them design a personal strategy to evaluate when and when not to pull the trigger. If you need help like this, send me an email with 'Will-Be Investor' in the subject line and I'll endeavor to help you too.

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!

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

Alberta Bucking Economic Trends
By Gordon Isfeld, Financial Post & Edmonton Journal, February 9th 2013

For a while, it looked like Canada's job market would remain oblivious to the serious signs of a slumping economy. Ditto the housing sector, which had been defying forecasts of an impending slowdown for months.
Now, reality appears to be putting both sectors in check, at least outside of Alberta. "Combined with the steep drop in housing starts as well as the still-wide trade deficit, the jobs report rounds out a day of infamy for Canadian economic stats," said Doug Porter, chief economist for BMO Capital Markets. GRAB THIS STORY

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Jim Prentice Advocates for Oil Pipeline Across Canada

Dawn Walton, Globe and Mail, February 9th 2013

CALGARY - Market access for Alberta’s oil is the “most important economic issue” facing Canada, according to former federal cabinet minister Jim Prentice, who called for more pipelines to move energy to new markets.
Speaking to an economic forum on in Calgary on Saturday, Mr. Prentice, who held cabinet postings including industry and environment under the Harper Conservative government before returning to the private sector as executive vice-president and vice chairman of CIBC, said Canada has failed to execute a cohesive energy strategy. FOLLOW THIS ARTICLE

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No Alberta Oil Exported From West Coast Without Cooperation

By David Dodge and Ted Morton, Troy Media, February 9th 2013
The passing of former Alberta premier Peter Lougheed provided an occasion to remember not just his fierce defense of Alberta against the predatory policies of then prime minister Pierre Trudeau, but the substance of that defense: strong provincial rights based on the constitutional principle of equality of the provinces.

Equality of the provinces may not sound like a big deal today. But in the 1970s, it was.

To appreciate the significance of Lougheed’s achievement, it is necessary to recall the state of Canadian federalism after the Second World War. Writing in 1954, J.R. Mallory, one of English Canada’s leading constitutional scholars and a professor at McGill University, observed that “in a federal system there is assumed an equality of influence and treatment of the various individual units,” but that “[i]n Canada the facts are, and always have been, very different.” 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.

"Don't sweat the petty things and don't pet the sweaty things." -George Carlin

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.

...except today.

Not only is Edmonton Qualtiy of Life third best in the world, a ranking Numbeo doesn't see changing drastically in 2013. Edmonton also ranks highly as the fourth sunniest city in Canada.

I've lived in some incredibly overcast places (Lower mainland and Japan) Edmonton seems to me to be a really sunny place. We were amazed at the sun shining every day all day when we would visit. The amount of bright sunny though very cold days we have here are nothing to scoff at. The cold doesn't seem that bad if its a beautiful crisp day.

Ironically it's overcast today as I write this. The thing is, I was as surprised it was overcast this morning as I have been in other places when it was sunny. Trust me I much prefer it this way.

Although my very serious winter coat is always at hand my umbrella lies dejectedly wedged under a pile of boots in the closet.

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.