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 14th., 2011
Volume 10, Issue 4
Dear Friends and Partners,
My opening newsletter for May was titled 'Winds Of Change' and they certainly blew through our nation and province; both figuratively and literally. Every riding but one in Alberta is Conservative. We will all benefit from a majority government for the next 4 years (hopefully) bringing continued economic growth and stability leading the country out of the recession.
Real Estate wise I have seen a unique little hot-spot develop in the area in which I live; house hunters are combing the sleepy tree-lined streets. The most sought after homes have character, are suited and nestle the green belt. Now I'll temper that comment with the buyers being very price sensitive - there is a narrow margin of what the market is saying these houses are worth and if you are priced over, your listing will stagnate. There are other hot-pockets (not like Jim Gaffigan's) around town, and plenty of flat ones too.
Another literal affect of the winds of change, was the wind we've had this week. I awoke on Friday morning to discover one of my trees had split in half and blown down on the freshly planted blueberry bushes. I marvel these forces. Be an act of force; be the change you want to see.
West Central Edmonton: Cashflowing Three-Plex In Prince Rupert
Turbo charge your portfolio. Upgraded 1931 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.
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-
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!
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U of A Eyes South Campus For High Tech Institute
By Keith Gerein, Edmonton Journal. May 7th 2011
The University of Alberta's president thinks her school's south campus would make an ideal home for an advanced technology institute, one of the major proposals touted by a government-appointed economic panel.
Indira Samarasekera said the site's abundance of undeveloped land, access to the LRT and proximity to the U of A's research centres make it a good spot to host an institution dedicated to commercializing discoveries. FOLLOW THIS ARTICLE
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Alberta Must Start Saving Oil Cash: Report
By Darcy Henton, Calgary Herald May 6th 2011
Alberta must stop using royalty revenues to fund day-today operations and start pumping all its energy dollars into a fund that will support hightech companies, economic diversification and targeted initiatives such as high-speed rail, says a report from a blueribbon economic panel.
Former federal Tory cabinet minister David Emerson, who chaired the 12-member Premier's Council for Economic Strategy, said the government has a decade to wean itself off the non-renewable resource revenues it now relies on for 30 per cent of its spending. READ MORE HERE
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Expansion Of Oil Sands Upgrader Goes On-Stream
Press release: By Shell Company, May 1st 2011
CALGARY, Alberta, May 4, 2011 -- /PRNewswire/ -- Shell today announced the successful start of production from its Scotford Upgrader Expansion project in Canada. The 100,000 barrels-per-day expansion takes upgrading capacity at Scotford to 255,000 barrels-per-day of heavy oil from the Athabasca Oil sands. "This start-up is an important milestone for our heavy oil business.' said Marvin Odum, Shell Upstream Americas Director. "And it adds new capacity from an important source of oil in a world requiring more secure energy." GRAB THIS STORY
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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.
"Courage is the discovery that you may not win, and trying when you know that you can lose." -Tom Krause
Warm Regards,
Todd and Danielle Millar
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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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