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
May 1st., 2011
Volume 10, Issue 3
Dear Friends and Partners,
On Monday we will have a Federal election. If you didn't cast your vote early, you can cast your ballot on Election Day - May 2nd. For young adults or folks that aren't that familiar with the current party positions, a simple albeit rough guide to finding which party most matches your values can be found at CBC's Vote Compass. It is tool mainly designed to get Canadians interacting (voting) and deflate some of the recent apathy towards voting people have felt. After all, it really is your $300M being spent on this election, so you should at least have a say ☺
With spring finally here you see more for sale signs popping up and tenant inquiries as they shift from one rental to another. A small percentage may move as sellers list their property, another group have leases coming up in May (winter moves are brutal) and perhaps others have spring fever. It is a dance of sorts; buyers wait for sellers to list, sellers list expecting buyers. Tenants give notice to find another property, landlords post vacancies. The duration of a well matched tenancy in Edmonton is approximately 2 years. That is fairly short with many tenants rotating after a 1 year lease. In other parts of Canada I have seen a 4 year average period for rentals. Here we are in spring; a Royal wedding, an election and a couple more For Sale signs in the lawn.
West Central Edmonton: Cash-flowing Four-Plex In Prince Rupert
Turbo charge your portfolio. Upgraded 1961 built 4-plex with separate entrance to lower units. Beautifully finished 1280 sqft. 3 bedroom up, plus 2 upgraded 840 sqft. 1 bedroom suites down. The upper suites have laminate and fresh paint. There is a common laundry room for up and down suite, 1 per side. The lower units have had windows replaced as well. Lower suites walk out to a private grassy, fenced yard. There is a 2 car detached garage bringing in additional revenue. 10 minute walk to neighborhood park and fast access to Yellowhead Highway, NAIT, Grant MacEwan and bus routes. These pictures show the detail and care that went into building this quality home.
Comes complete with great tenants making this a totally turn-key property for you. Convenient West Central area with easy access to transit and downtown. Excellent neighborhood that demands high resale value and stable rents especially with the city airport' improvement project. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this home in relation to Edmonton's developing core.
Produces $980 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.
Poised for massive growth. These 4 suites rent for top dollar and have everything arranged, including financing structure and incredible tenants. Your investment includes: renovation costs, 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!
Purchase price: $525K Total Investment: $126K. Your Estimated 5 Year Profit $76K. Your pre-tax Total ROI is 60% or 12% per year + $980 Cash Flow in Your Pocket Every Month
“Get into action and realize secure, long-term profits”
Already producing a great RETURN. Visit for the full FEATURE sheet and call 1-888-780-5940 to get started.
-Please remember: All investments carry RISK. Be sure to seek your own independent legal advice-
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Western Premiers Worry Ignatieff-led Coalition Will Threaten Energy Energy Industry
By Darcy Henton and Jason Fekete, Calgary Herald April 21st 2011
EDMONTON — The premiers of Alberta and Saskatchewan teamed up in British Columbia on Wednesday to rail against the prospect of a federal opposition coalition and the threat of energy policies that will hurt the West.
Brad Wall and Ed Stelmach, clad in Vancouver Canucks jerseys along with new B.C. Premier Christy Clark, used a New West partnership meeting to deliver a one-two punch assault and call for a majority government, or at least one formed by the party that wins the most seats on May 2. READ MORE HERE
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Thriving in Good Times And Bad:
Edmonton's Clarke Builders More Than Weathered The Recent 'Correction' With A Crowded Slate Of Local Projects
By Gary Lamphier, Edmonton Journal April 21st 2011
Seasoned business execs who have survived Alberta's volatile economic cycles tend to be a circumspect bunch.
After riding the oil-and-gas rollercoaster for decades, they know how quickly the world can change -for better or for worse.
Back in 2008, when oil prices hit nearly $150 US a barrel, no one expected prices to drop by nearly 80 per cent within months. But that's exactly what happened. READ MORE HERE
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Growing Interest in Energizing Downtown Just What The City Needs
By David Staples, Edmonton Journal. April 8th 2011
It's that rarest of days, a truly good news day for Edmonton's downtown.
This mediocre, unlovely part of the city is much closer today to getting two key facilities that belong downtown, a new $340-million Royal Alberta Museum, twice as big as the old one, and the city's main hockey arena.
It's the goal of city council to create a more vibrant downtown. One sound strategy is to group major cultural institutions close together in the downtown. The thinking is that you bring together the people who visit such amenities, thus creating vibrancy and safety in numbers, as well as opening up opportunities for nearby restaurants and shops to have enough customers to thrive. FOLLOW THIS ARTICLE
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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.
"Knowledge is power. Information is liberating. Education is the premise of progress, in every society, in every family." -Kofi Annan
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 2011 Top Ten Investment Towns of Alberta and Ontario.
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