Edmonton Real Estate Investor: June 2012

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

July 1st., 2012
Volume 12, Issue 9

Dear Friends and Partners,

Happy 145th Canada! What do you get a country that has everything? Ok, well maybe not everything. I could think of a few things we need, but mainly the intangibles.

I thought it would be fun to test your knowledge with a challenging and unique quiz. Try out your Canadiana knowledge at the O Canada Quiz or the ever popular Alberta Fun Facts Quiz .

Whether you spend it under a majestic Maple tree eating poutine, Montreal style bagels and smoked meat followed by a Nanaimo bar or at the BBQ grilling Alberta beef and sipping a Canadian Club on the rocks (probably illegal) or a Canada Dry be sure to take a break and think of how really awesome our beautiful country is!

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North Central Edmonton: 2-Suite Cashflow Bungalow
Turbo charge your portfolio. Upgraded 1964 built suited bungalow with separate entrance to lower suite. Upstairs you'll find a stylishly finished 1015 sqft, 3 bedroom suite with upgraded windows, appliances and new laminate. The lower unit has a 1 bedroom 850 sqft suite. Features down include new carpet, windows, and separate laundry area. There is a shared, fenced area, and a 2 car detached garage with automatic door and opener, bringing in additional revenue. Some upgrades include new windows down and kitchens. 15 minutes to NAIT, Grant MacEwan and Downtown. Fast access to the Yellowhead and 137th Ave., and on the bus routes. These pictures show the detail and care that went into building this quality property.

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. Kensington is an established neighborhood featuring strong rental base; 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 area.

Produces $227.13 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $335K Total Investment: $78,344K. Your Estimated 5 Year Profit $41,909K. Your pre-tax Total ROI is 53% or 10.6% per year + $227.13 Cash Flow Every Month

Poised for massive growth. These 2 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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Edmonton's Strong Economic Growth Resulting In Tighter Rental Market: CMHC

By Tim Jones, Edmonton Journal, June 12th 2012

EDMONTON - Justin Ouimet has spent the past five months looking for new home in west Edmonton. “It’s been a long time trying to find a place I can afford,” Ouimet said Tuesday.

“I’ve been trying to move to the west side so badly because my fiancee and daughter live out there right now. They are living with her parents right now because my fiancee needs extra support from her mom because she had a very tough pregnancy.” Ouimet says its been a struggle finding a place that fits within his price range, is in good condition, and in a safe neighbourhood.

Making matters worse, Edmonton’s rental market is significantly tightening up, statistics from the Canada Mortgage and Housing Corp. revealed Tuesday. GRAB THIS STORY

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Edmonton Nightlife Generates Generates $686 Million For City
Vibrant Nightlife Necessary To Economy, Says Report

CBC News, June 19th 2012

Edmonton’s late-night entertainment economy creates thousands of jobs and generates millions of dollars per year, according to a city report.
Bars, lounges, nightclubs, casinos, music venues, and after-hours clubs generated $686 million in 2010, the last year for which data was available, said the report completed by Responsible Hospitality Edmonton and the city’s chief economist.

“By conducting economic analysis we can better understand the economic significance of this sector,” said John Rose, chief economist. “And our analysis shows that Edmonton’s late-night entertainment economy is vibrant and thriving.” READ MORE HERE

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Edmonton Posts Nations Second Lowest Inflation Rate
By Bill Mah, Edmonton Journal & Mario Toneguzzi Calgary Herald, June 22nd 2012

EDMONTON — The Edmonton region had the second-lowest rate of inflation in the country in May, according to Statistics Canada.

Consumer prices in the Edmonton census metropolitan area rose 0.4 per cent in the 12 months to May, behind only the Calgary CMA at 0.3 per cent, the federal agency reported Friday. On a monthly basis, prices declined by 0.3 per cent in Edmonton.

Among provinces, Alberta had the lowest rate of inflation in Canada, with prices rising 0.4 per cent in the 12 months to May. Compared to April, prices fell by 0.3 per cent.

Nationally, the federal agency said the energy index fell 1.6 per cent in the 12 months to May, its first year-over-year decline since October 2009. Natural gas prices (16.6 per cent) continued to post declines. Gasoline prices decreased 2.3 per cent, after 22 months of year-over-year increases. 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.

"The world is divided into two classes, those who believe the incredible and those who do the improbable ." -Oscar Wilde

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 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

June 15th., 2012
Volume 12, Issue 8

Dear Friends and Partners,

I receive Steve Chandler's Imindshift newsletter weekly. Steve is a tremendous force when it comes to creative thinking, and stark reality checks. He's able to look at himself with blunt honesty and then push through until he gets to the (sometimes unpleasant) core of personal challenge. For our mid-month update, I wanted to send you an excerpt from Steve's email all of which is Steve Chandler's personal content on Imindshift.

"Most people never run far enough on their first wind to find out they've got a second. Give your dreams all you've got and you'll be amazed at the energy that comes out of you." ~ William James

"Find a path and stay on it. Don't quit. Keep walking. You will arrive. You will get tired and winded, but the second wind will always kick in for you when your body, which is bluffing, realizes you are not going to quit. Choose a path and stay on it.

We place too high a value on comfort. We have lost the old fashioned work ethic. No one has ever written a book (though I have been tempted)called Great Moments in Human Comfort.

But a mind shift can turn it back in an instant.Now you are working for the pleasure of working.And because you didn't quit, you got your second wind and now you pass everyone else because they never even know what a second wind is." Steve Chandler

I hope you find this snippet from Steve Chandler's newsletter as insightful as I did.
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NORTH EDMONTON 2 SUITE CASH-FLOW BUNGALOW
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Turbo charge your portfolio. Upgraded 1965 built suited bungalow with separate entrance to lower suite. Upstairs you'll find a stylishly finished 1150 sqft, 3 bedroom suite with upgraded windows, appliances and new carpet. The lower unit has a 2 bedroom 900 sqft suite. Features down include new laminate, windows, and shared laundry area. There is a shared, fenced yard, and a 2 car detached garage with automatic door and opener, bringing in additional revenue. Some upgrades include new fence and concrete parking pad. 10 minutes to NAIT, Grant MacEwan and Downtown. Fast access to the Yellowhead and 137th Ave., and on the bus routes. These pictures show the detail and care that went into building this quality property.

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. Kensington is an established neighborhood featuring strong rental base; 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 area.

Produces $315.30 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $336K Total Investment: $79,456.00K. Your Estimated 5 Year Profit $44,221.00K. Your pre-tax Total ROI is 56% or 11% per year + $315.30 Cash Flow
Poised for massive growth. 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 Booming Again As It's Forecast To Lead Country In Economic Growth
Real GDP increase of 4% this year

By Mario Toneguzzi, Calgary Herald, June 12th 2012

CALGARY — Alberta will be the country’s leader in economic and employment growth in the next two years, says a report released Tuesday by RBC Economics.

The report said Alberta will see real GDP growth of 4.0 per cent this year followed by 3.9 per cent next year while employment growth will be 2.8 per cent this year and 2.6 per cent in 2013.

The province will top all provinces in both categories in each of the two years with the exception of GDP growth in 2013 which will tie it for the best in the country with Saskatchewan. GRAB THIS STORY

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Home Affordability in Top Markets Deteriorates: RBC

David Paddon, Canadian Press, May 29th 2012

Royal Bank of Canada says home ownership was less affordable in most major Canadian cities during the first quarter, although Calgary and Edmonton bucked the trend. In Calgary, by contrast, only about 36.7 per cent of pre-tax income would be required to pay for a standard bungalow – unchanged from the previous study – and in Edmonton the index improved by 0.4 percentage point to 32.4 per cent. READ MORE HERE

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Alberta Shows Economic Strength

By Myke Thomas, Calgary Sun, June 16th 2012

CALGARY, AB - Economic indicators in Alberta have grown stronger in 2012 and should remain strong going forward, according to the latest RBC Economics Provincial Outlook.

The province leads the nation in most economic performance indicators, by a wide margin in several instances, and RBC expects Alberta’s real GDP to grow at a rate of 4% this year and 3.9% next year. 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.

"A victory without danger is a triumph without glory." -Pierre Corneille

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 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

June 1st., 2012
Volume 12, Issue 7

Dear Friends and Partners,

Do you know where you can find Canada's lowest inflation rate? Right here in Alberta, with Calgary at 0.09%. And the second lowest rate of inflation is Edmonton, at 1%. Canada's national rate of inflation is 2%. With lower taxes and higher incomes this makes Alberta one of the most affordable provinces to live, according to the RBC's Affordability Index. There are arguments for an increasing inflation rate (home values go up/capital gains: more renters) and for a slowing rate (renters turn into buyers: more affordable to buy/better value). Either way you slice, with a strong economy you are doing well.

I was at a great event where Richard Dolin was presenting. His topic was loosely about branding. It made me think - what is Alberta's brand? Is it an economic powerhouse, festival city, home to the youngest workforce, a wild entrepreneurial hotbed with untamed natural beauty? Or is it the only place to go when you need a job, home to polluting oil sands, money-hungry businesses and a too-high murder rate? I would argue that Alberta is a wonderful place to live, full of opportunity and clearly agree with the former positive 'brand'. But what the brand really is is what the majority of people believe it to be and talk about it being.

Brands change, grow and morph according to the underlying 'truth' of the brand. You'll find many people who live in Alberta because they love it, thousands of tourists who visit it because of its splendor. You'll also find homesick camp workers with drug problems that ache to get out. Richard presented the idea that YOU are your brand. What you do everyday, what you do at work, on the street, with your family and friends is who and what people think of you: your brand. A more familiar word is 'reputation'. As society becomes increasingly tech oriented perhaps we will find websites that review our personal brands as we peruse other brands online? No wait...Facebook, LinkedIn, Singles, My Space, etc..

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

North Central Edmonton: 2-Suite Cash flow Bungalow

Turbo charge your portfolio. Upgraded 1965 built suited bungalow with separate entrance to lower suite. Upstairs you'll find a stylishly finished 1150 sqft, 3 bedroom suite with upgraded windows, appliances and new carpet. The lower unit has a 2 bedroom 900 sqft suite. Features down include new laminate, windows, and shared laundry area. There is a shared, fenced yard, and a 2 car detached garage with automatic door and opener, bringing in additional revenue. Some upgrades include new fence and concrete parking pad. 10 minutes to NAIT, Grant MacEwan and Downtown. Fast access to the Yellowhead and 137th Ave., and on the bus routes. These pictures show the detail and care that went into building this quality property.

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. Kensington is an established neighborhood featuring strong rental base; 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 area.

Produces $315.30 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

Purchase price: $336K Total Investment: $79,456.00K. Your Estimated 5 Year Profit $44,221.00K. Your pre-tax Total ROI is 56% or 11% per year + $315.30 Cash Flow
Poised for massive growth. 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!

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

Construction On Condo Towers Overlooking River Could Soon Start

By Gordon Kent, Edmonton Journal, May 24th 2012

EDMONTON - Construction of long-delayed condo towers overlooking the North Saskatchewan River valley could start by year’s end under a proposal to reduce the size of the project.

Zoning for a 1,000-unit development near Jasper Avenue and 85th Street, now called the Edgewater, was approved in 2009, but as the economy sagged, it wasn’t feasible, architect Brad Kennedy says.

“The original project was based on a different time and economics of what potentially could be sold in that area, including some high-end units,” he said Thursday. GRAB THIS STORY

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Western Leaders to Talk Environment, Energy and Tom Mulcair

Canadian Press, May 27th 2012

The environment, energy and federal NDP Leader Tom Mulcair are on the agenda Tuesday when leaders of the western provinces and territories get together.
"There is going to be an emphasis on environmental regulation," said Alberta Premier Alison Redford, who will host the meeting in Edmonton.

"British Columbia wants to talk about families and community development and (Saskatchewan) Premier (Brad) Wall and I want to continue to advance the Canadian energy strategy agenda." READ MORE HERE

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Oil The Wheels Of Creativity, Alberta

By Todd Hirsch, Globe and Mail, May 23rd 2012

It’s been said that necessity is the mother of invention. But if my biology is correct, a mother alone isn’t enough – you also need a father. And the father of invention is creativity.

Take Alberta’s energy patch. For all the bad press it gets from uninformed critics, its engineers and geologists are rather creative when they need to be. Applications of innovative solutions abound. Think of the steam-assisted gravity drainage technology in the oil sands, which uses much less water and no tailings ponds. Or the achievements in human safety, which have produced a record that is among the best in the world. Or the technology around carbon capture and storage, which is waiting only for a suitable price on carbon to be economically feasible. FOLLOW THIS ARTICLE

===============
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.

"A hunch is creativity trying to tell you something." -Frank Carpa

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.