Clean Up Your Complaints

 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 13th., 2013
Volume 14, Issue 10

Dear Friends and Partners,

Danielle and I were talking about the need, want and habit of complaining. Danielle read  in Gaye Hendricks' The Most Important 14 Pages You'll Ever Read In Your Life,  that if you complain more than three times about anything then it is something that you are inviting into your life that you need to 'clean up'. And how true that is.

I look at my simple annoyances and am often pushed to put them off rather than 'fix' them; it could be the need to organize the cupboard to caulk the tub. If the recurring complaint is BIG, tackle it faster and 'eat that frog'.

Some things take more time to complete but when they are approached quickly, can save a lot of pain; after all that is what we (people) are trying to avoid.

                   


South West  Edmonton: Tri-Plex Cash Flow Property in Ekota
 Turbo charge your portfolio. This is a renovation deal that will add a new suite to the existing two units. Upgraded 1975 built legal duplex property with front and rear entrances to suites. Two units have been upgraded  and a third 2 BD suite will be added, using our PPI strategy at purchase time and wrapping renovation costs into mortgage. You'll find 2 X 3BD units and 1 X 2BD unit. Spacious upper units boat new laminate, fixtures and paint. The lower unit to get full kitchen, bathroom, vanity and top of the line flooring. Each unit has en-suite laundry. Each unit has its own parking space. Excellent location in the South West with a short walk to Millwoods Park, malls and minutes to the Anthony Henday and Whitemud highway, Grey Nuns hospital is less than 5 minutes away. Fast access to to all bus routes.

Comes complete with great tenants making this a totally turn-key property for you. Convenient south west area with easy access to transit and downtown. Ekota is an established, sought after neighbourhood in the Millwoods community. 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 Southend.

Purchase price: $545K 
Total Investment: $126,611.47K
Your Estimated 5 Year Profit $73,877.93K
Your pre-tax Total ROI is 58% or 12% per year 

These 3 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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Alberta to Lead Canadian Economic Growth 2014

By Mario Toneguzzi, Calgary Herald, July 10th 2013

CALGARY — Alberta is expected to lead the country in economic growth next year, according to a new report released Wednesday by TD Economics.

The report said Alberta’s Real GDP growth will be 3.6 per cent in 2014 following a 2.8 per cent hike this year. Economic growth in the province in 2013 will be behind only Newfoundland & Labrador’s nation-leading 4.5 per cent increase.

“Despite the recent flooding, Alberta will be one strongest economies in Canada in 2013. Total energy sector revenue and reinvestment is expected to be higher than in 2012, when provincial GDP growth was four per cent,” said Ben Brunnen, a Calgary economic consultant and former chief economist of the Calgary Chamber of Commerce.

“Our unemployment rate is low, net interprovincial migration is high, and May residential building permits are the highest they’ve been since 2007. While the recent flooding will take some of the wind out the economic sails for southern Alberta, particularly in the retail sector, major project announcements such as the Brookfield Herald block and the Telus Sky demonstrate long-term confidence in Calgary and Alberta’s fundamentals.” FOLLOW THIS ARTICLE


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Oil Rises Near US $106 a Barrel for 3rd Weekly Increase, Gasoline Futures Soar

By The Associated Press, July 12th 2013

NEW YORK, N.Y. - The price of oil rose to near US$106 a barrel Friday, supported by continuing tensions in Egypt and a sharp drop of U.S. crude stockpiles.

Benchmark crude oil for August delivery gained $1.04 to $105.95 a barrel on the New York Mercantile Exchange.

Even with a drop of $1.60 a barrel Thursday, the price of oil rose $2.73 this week and is up nearly 10 per cent in July.

Oil has risen from around $97 on July 1, mainly for two reasons. Traders are concerned that unrest in Egypt could affect oil shipments through the Suez Canal, a key shipping lane. And U.S. supplies of oil and gasoline have dropped dramatically in the past two weeks, signalling a rise in demand in the world's largest economy.

Brent crude gained $1.08 to $108.81 on the ICE Futures exchange in London.   GRAB THIS STORY


 
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Pay-for-use lounge takes off at Edmonton airport

By Bill Mah, Edmonton Journal, July 13th, 2013

Domestic and international travellers who face long waits at the Edmonton International Airport can now enjoy a first-class lounge experience with the opening of a new pay-for-use facility.


On Thursday, Hong Kong-based Plaza Premium Lounge officially opened a 4,520-square-foot location at the airport's domestic-international departures lounge. A sister facility, in the airport's U.S. departures terminal, opened in 2012.

The lounges are open to all paying customers, regardless of airline or travel class, and cater especially to business and conference travelers.

Plaza Premium Lounge got its start when founder Song Hoi See left his job as an investment banker to start his own business, leaving behind the luxury of first class for the rigors of economy class.  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.

"I cannot make my days longer so I strive to make them better."  -Paul Theroux

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.

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