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
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September 1st., 2013
Volume 15, Issue 3
Dear Friends and Partners,
Kristine started to notice that something was different about Jacob at a very young age. "Even as a young baby, he certainly was preoccupied with things that other babies around him [weren't]. I'd just never seen other babies do those sorts of things. One thing was we had a duvet on our bed that was plaid and he would cry if we went away from the plaid. So I took to wearing plaid shirts," she told The Current host Anna Maria Tremonti. "So much in the way that mom's will bring pacifiers around for their babies, I always had to have a scrap of plaid or he would be in a complete meltdown."
I can’t properly due this story its justice, you’ll simply have to go and read it for yourself. It’s an amazing story about how a Mom of an autistic boy took her son out of the rigorous treatment she’d had him in and discovered his amazing genius through his applied focus – we’re talking ‘real’ genius here, not just a touchy-feely story. What if you harnessed your focus? What if you followed what you’re drawn to, fearlessly?
South West Edmonton: 4-Unit Cashflow Property in Allendale
Turbo charge your portfolio. This side by side duplex with in-law suites is well located near UOA. Upgraded 2006 this property has front entrances for upper suites and back entrances to lower suites. Upper 2BD units have been upgraded as well as the two lower 2 BD suites with new laminate, kitchens and bathrooms. You'll find a double detached garage, adding extra income. Spacious upper units shine with original hardwood, new fixtures and paint. Excellent location near the UOA in the mature area of Allendale. A short walk to neighbourhood park, Whyte Ave, hospital and UOA. Fast access to bus routes and Whitemud Drive.
Comes complete with great tenants making this a totally turn-key property for you. Convenient south west west central area with easy access to transit and downtown. Inglewood is an established, sought after neighbourhood. 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 growing core.
Purchase price: $625K
Total Investment: $145,305K
Your Estimated 5 Year Profit: $81,994.20K
Your pre-tax Total ROI: 56% 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!
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Apache Sells Alberta Assets to Canadian Company for U.S. $214M
By Financial Post, August 15th, 2013
Apache Corp. said it is selling oil and gas assets in western Alberta to Ember Resources Inc., a private Canadian company, for US$214 million.
“Going forward, Apache is focused on growing our liquids production from a deep inventory of crude oil- and liquids-rich opportunities that generate attractive rates of return on our extensive remaining acreage in Canada’s Western Sedimentary Basin,” said Rodney J. Eichler, president and chief operating officer.
The company said it remains committed to Kitimat LNG project to monetize large unconventional resources in the Liard and Horn River basins in northern British Columbia, and also maintain its Duvernay assets. FOLLOW THIS ARTICLE
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Buffet Buys Into Canadian Tar Sands Oil Company
By Journal Star, August 15th 2013
Berkshire Hathaway Inc. reported a new half-billion-dollar stake in Suncor Energy Inc., which started the Canadian tar sands oil industry, after Chairman Warren Buffett and his deputies spent the most money on stocks in a quarter since 2011.
Buffett's firm owned 17.8 million Suncor shares June 30, a stake valued at more than $500 million in the Calgary-based producer of heavy oil from the Alberta tar sands, according to a federal filing. Suncor is Canada's largest oil and gas producer.
With the Suncor investment, Buffett further injected himself into the debate over tar sands oil and the Keystone XL pipeline, which, if approved, would carry the bitumen condemned by environmentalists. GRAB THIS STORY
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An out-of-this World Transportation Plan Lands in Edmonton
By Dan Barnes, Edmonton Journal, August 20th, 2013
EDMONTON - Meet George Jetson.
Actually, his name is Dan Corns. He lives in Edmonton, not Orbit City.
But the 34-year-old is the founder of a company that holds patents, and very high hopes indeed, for magnetic levitation technology that would propel real-world transportation into the animated realm of the cartoon character Jetson, his boy Elroy, daughter Judy and Jane, his wife, circa 2062.
Magnovate Technologies proposes to move people, freight and commodities, like oilsands bitumen, along an elevated track at speeds of up to 500 kilometres per hour in computer-controlled, driverless vehicles.
The trip from Calgary to Edmonton would take less than 45 minutes.
Making the leap of faith necessary to accept Corns’ vision will take some people much longer. READ MORE HERE
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Todd and Danielle Millar
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Saturday, August 31, 2013
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