Wednesday, February 22, 2017
Friday, February 17, 2017
Family Day Weekend Flu
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
February 16th., 2017
Volume 22, Issue 3
Dear Friends and Partners,
It's seems the flu bug has stopped at our home for a visit. The bright side is that it's perfect timing on a long weekend with no plans and nothing but time to get better.
Take care and enjoy Family Day Weekend!
Central (Downtown) Edmonton: West Jasper Place, 6-Unit Cashflow Apartment
Turbo
charge your portfolio. For those wanting a low risk investment in a
gentrifying area with 6 units under one roof - here it is. This 6-plex
offers is 5 minutes to Grant MacEwan, 6 minutes to Hospital, 10 to
downtown.
This is property has many 3 of the 6 units recently upgraded. 4 X 1BD, 1 X 2 bedroom and 1 X BACH, all units are above grade (no basement suites). 1974 built, 6 parking stalls and great curb appeal.
Terrific access to local amenities in highly rent-able West Jasper Place. Property is zoned R7 and is a legal, purpose built apartment. Purchase price to include reserve fund and light renovation budget to make it standout - rolled into mortgage. This is a turn-key deal. Excellent access downtown and in the transitioning neighbourhood of WJP.
Comes complete with great tenants making this a totally turn-key property for you. WJP is a mature neighbourhood that is convenient for tenants working downtown or attending Grant MacEwan. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this property in relation to Edmonton’s growing centre.
Purchase price: $680,000
Total Investment: $161,200
Your Estimated Pre-Tax 5 Year Profit $102,145
Total ROI is 63% or 12.6% per year
These 6 (legal) 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!
===============
Which Canadian cities will boom (or not) in 2017
By Daniel Tencer, Huffington Post Canada, January 16th., 2017
Toronto and Vancouver are once again set to come out on top of all major Canadian cities when it comes to economic growth, says an economic forecast by the Conference Board of Canada.
The two cities have seen the strongest economic growth in Canada over the past year. At one point, they accounted for all the net job growth in the country.
The Conference Board expects these cities to repeat their top performance next year, though their economies will grow more slowly due to an expected slowdown in the housing market, brought on by new mortgage rules and declining affordability. FOLLOW THIS ARTICLE
===============
Varcoe: Alberta’s report card reveals scars economic upheaval, signs of recovery
By Chris Varcoe, Calgary Herald, February 9th, 2017
Report card day arrived late last week as the provincial Finance Department unveiled its “Year in Review” study on Alberta’s sputtering economy in 2016.
It reads like a teacher’s commentary about a student having trouble concentrating in class, with lousy marks awarded in many areas interspersed with a few middling grades.
“Considering that we’ve been a straight-A student for so long, I would call 2016 a C-minus,” says ATB Financial chief economist Todd Hirsch.
“It was a pretty rough year, but not a disaster … so I’d say a C-minus, maybe bordering on a D.”
That’s fair, given the upheaval of 2016. GRAB THIS STORY
===============
Oil firms resume rail shipment as crude oil pipelines fill up again
By Jesse Snyder, Financial Post, February 13th, 2017
CALGARY — A looming pipeline shortage could force more barrels of Canadian oil onto rail cars over the next few years, as oilsands companies look for alternative shipping options amid a gradual rise in production.
The oil industry’s pipeline woes have eased in recent months after Prime Minister Justin Trudeau approved two major pipeline proposals, and after U.S. President Donald Trump invited TransCanada Corp. to resubmit the Keystone XL pipeline permit.
However, the earliest date of completion for any new pipeline project is around the end of 2019 — if there are no delays. With oilsands production expected to rise over the next five years, and with Canada’s pipeline system near capacity, oil firms are tapping crude-by rail once again. MORE HERE
===============
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.
“We must let go of the life we planned, so as to accept the one that is waiting for us.” -Joseph Campbell
Warm Regards,
Todd and Danielle Millar
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
February 16th., 2017
Volume 22, Issue 3
Dear Friends and Partners,
It's seems the flu bug has stopped at our home for a visit. The bright side is that it's perfect timing on a long weekend with no plans and nothing but time to get better.
Take care and enjoy Family Day Weekend!
Central (Downtown) Edmonton: West Jasper Place, 6-Unit Cashflow Apartment
Turbo
charge your portfolio. For those wanting a low risk investment in a
gentrifying area with 6 units under one roof - here it is. This 6-plex
offers is 5 minutes to Grant MacEwan, 6 minutes to Hospital, 10 to
downtown.This is property has many 3 of the 6 units recently upgraded. 4 X 1BD, 1 X 2 bedroom and 1 X BACH, all units are above grade (no basement suites). 1974 built, 6 parking stalls and great curb appeal.
Terrific access to local amenities in highly rent-able West Jasper Place. Property is zoned R7 and is a legal, purpose built apartment. Purchase price to include reserve fund and light renovation budget to make it standout - rolled into mortgage. This is a turn-key deal. Excellent access downtown and in the transitioning neighbourhood of WJP.
Comes complete with great tenants making this a totally turn-key property for you. WJP is a mature neighbourhood that is convenient for tenants working downtown or attending Grant MacEwan. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this property in relation to Edmonton’s growing centre.
Purchase price: $680,000
Total Investment: $161,200
Your Estimated Pre-Tax 5 Year Profit $102,145
Total ROI is 63% or 12.6% per year
These 6 (legal) 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!
===============
Which Canadian cities will boom (or not) in 2017
By Daniel Tencer, Huffington Post Canada, January 16th., 2017
Toronto and Vancouver are once again set to come out on top of all major Canadian cities when it comes to economic growth, says an economic forecast by the Conference Board of Canada.
The two cities have seen the strongest economic growth in Canada over the past year. At one point, they accounted for all the net job growth in the country.
The Conference Board expects these cities to repeat their top performance next year, though their economies will grow more slowly due to an expected slowdown in the housing market, brought on by new mortgage rules and declining affordability. FOLLOW THIS ARTICLE
===============
Varcoe: Alberta’s report card reveals scars economic upheaval, signs of recovery
By Chris Varcoe, Calgary Herald, February 9th, 2017
Report card day arrived late last week as the provincial Finance Department unveiled its “Year in Review” study on Alberta’s sputtering economy in 2016.
It reads like a teacher’s commentary about a student having trouble concentrating in class, with lousy marks awarded in many areas interspersed with a few middling grades.
“Considering that we’ve been a straight-A student for so long, I would call 2016 a C-minus,” says ATB Financial chief economist Todd Hirsch.
“It was a pretty rough year, but not a disaster … so I’d say a C-minus, maybe bordering on a D.”
That’s fair, given the upheaval of 2016. GRAB THIS STORY
===============
Oil firms resume rail shipment as crude oil pipelines fill up again
By Jesse Snyder, Financial Post, February 13th, 2017
CALGARY — A looming pipeline shortage could force more barrels of Canadian oil onto rail cars over the next few years, as oilsands companies look for alternative shipping options amid a gradual rise in production.
The oil industry’s pipeline woes have eased in recent months after Prime Minister Justin Trudeau approved two major pipeline proposals, and after U.S. President Donald Trump invited TransCanada Corp. to resubmit the Keystone XL pipeline permit.
However, the earliest date of completion for any new pipeline project is around the end of 2019 — if there are no delays. With oilsands production expected to rise over the next five years, and with Canada’s pipeline system near capacity, oil firms are tapping crude-by rail once again. MORE HERE
===============
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.
“We must let go of the life we planned, so as to accept the one that is waiting for us.” -Joseph Campbell
Warm Regards,
Todd and Danielle Millar
Monday, February 06, 2017
Money Mantra Advice
These are good "money mantras", take a look at these MSN slides so that you can buy one of these and not end up like this.
Wednesday, February 01, 2017
The Power of Purpose
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
February 1st., 2017
Volume 22, Issue 02
Dear Friends and Partners,
Lately, I’ve been reminded of Nate Silver’s quote; “We must become more comfortable with probability and uncertainty.” That may feel like understatement, but it's not a determent. When your surroundings seem unstable it is natural to stop and take stock before moving forward. Paradoxically, we do the same when things are good. If your life is going well, you may be less likely to make pivotal changes.
I find it a necessary and rewarding exercise to force the question of ‘purpose’ to myself at these times. You can ask this question in any facet of your life; money, health, relationships. It is particularly good for investing in unsettled times and helps focus on the core rational for doing so. If you’re not already doing it, try it. Identify and clarify the ‘purpose’ of what you are doing and check it to see how compatible it is in your big picture. Relevancy matters.
The actions we choose either lead us closer or further away from our core goals. Taking regular stock of these goals and purposes is how we measure where we are and determine our overall state of happiness, safety and health.
Whether looking to stocks, precious metals, mutual funds, GICs or a plethora of other investments you’ll be hard pressed to find investments that produce as stable a return as income property. Real Estate isn’t immune to downturns either, and you’d be naive to think otherwise. Cycles may be longer or shorter, valleys deeper and peaks not quite so high or any variance in between; this is the uncertainty we all face.
Check out this terrific article that Steven Kaufman wrote on The 7 Tips Entrepreneurs need to know before investing in Real Estate, good stuff!
Central (Downtown) Edmonton: West Jasper Place, 6-Unit Cashflow Apartment
Turbo charge your portfolio. For those wanting a low risk investment in a gentrifying area with 6 units under one roof - here it is. This 6-plex offers is 5 minutes to Grant MacEwan, 6 minutes to Hospital, 10 to downtown.
This is property has many 3 of the 6 units recently upgraded. 4 X 1BD, 1 X 2 bedroom and 1 X BACH, all units are above grade (no basement suites). 1974 built, 6 parking stalls and great curb appeal.
Terrific access to local amenities in highly rent-able West Jasper Place. Property is zoned R7 and is a legal, purpose built apartment. Purchase price to include reserve fund and light renovation budget to make it standout - rolled into mortgage. This is a turn-key deal. Excellent access downtown and in the transitioning neighbourhood of WJP.
Comes complete with great tenants making this a totally turn-key property for you. WJP is a mature neighbourhood that is convenient for tenants working downtown or attending Grant MacEwan. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this property in relation to Edmonton’s growing centre.
Purchase price: $680,000
Total Investment: $161,200
Your Estimated Pre-Tax 5 Year Profit $102,145
Total ROI is 63% or 12.6% per year
These 6 (legal) 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!
=========================
Edmonton real estate market looking unsettled, expert says
By Gordon Kent, Edmonton Sun, January 17th., 2017
Edmonton has been sailing through relatively calm waters during Alberta's economic meltdown, but there could be choppy days ahead, real estate specialist Don Campbell said Tuesday.
The capital has benefited from a stable government workforce and such major construction projects as northeast Anthony Henday Drive, Rogers Place and towers in the Ice District, said Campbell, senior analyst at the Real Estate Investment Network. READ MORE HERE
===============
Alberta’s ‘bittersweet’ recovery: Don’t expect a job surge anytime soon, TD warns
Despite GDP growth forecast, report says ‘it will likely take some time to filter through the job market'
By Robson Fletcher, CBC News, December 20th, 2016
Alberta's economy is still expected to lead the country in growth over the next two years, according to the latest forecast from TD Economics, but the report warns that doesn't mean jobs will suddenly come surging back to the province.
"This year's top performing economies, B.C. and Ontario, are expected to lose some momentum thanks to a cooling in the housing market, while Alberta and Saskatchewan head to the top of the leaderboard," the report reads.
"But, this will be bittersweet, as the job markets in these oil-producing economies are expected to remain soft, leaving unemployment rates historically elevated.” GRAB THIS ARTICLE
===============
Kevin Libin: Why is Alberta’s economy the only one the Trudeau Liberals are plotting to ‘phase out’?
By Kevin Libin, Financial Post, January 30th., 2017
Which Canadian leader will finally lay out a national plan to phase out Ontario’s auto industry?
Obviously, with the auto sector accounting for half-a-million jobs in Canada, at least 1,200 Ontario parts and equipment suppliers, and about 20 per cent of Ontario’s GDP and 12 per cent of Canada’s, it’s not something we can phase out tomorrow, naturally. But the more than two-million vehicles produced in Ontario annually burn billions of litres of carbon-heavy gasoline every year, emitting tens of millions of tonnes of carbon dioxide. This cannot go on. FOLLOW THIS STORY
===============
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.
“It’s always good to be underestimated.” - Donald Trump
Warm Regards,
Todd and Danielle Millar
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
February 1st., 2017
Volume 22, Issue 02
Dear Friends and Partners,
Lately, I’ve been reminded of Nate Silver’s quote; “We must become more comfortable with probability and uncertainty.” That may feel like understatement, but it's not a determent. When your surroundings seem unstable it is natural to stop and take stock before moving forward. Paradoxically, we do the same when things are good. If your life is going well, you may be less likely to make pivotal changes.
I find it a necessary and rewarding exercise to force the question of ‘purpose’ to myself at these times. You can ask this question in any facet of your life; money, health, relationships. It is particularly good for investing in unsettled times and helps focus on the core rational for doing so. If you’re not already doing it, try it. Identify and clarify the ‘purpose’ of what you are doing and check it to see how compatible it is in your big picture. Relevancy matters.
The actions we choose either lead us closer or further away from our core goals. Taking regular stock of these goals and purposes is how we measure where we are and determine our overall state of happiness, safety and health.
Whether looking to stocks, precious metals, mutual funds, GICs or a plethora of other investments you’ll be hard pressed to find investments that produce as stable a return as income property. Real Estate isn’t immune to downturns either, and you’d be naive to think otherwise. Cycles may be longer or shorter, valleys deeper and peaks not quite so high or any variance in between; this is the uncertainty we all face.
Check out this terrific article that Steven Kaufman wrote on The 7 Tips Entrepreneurs need to know before investing in Real Estate, good stuff!
Central (Downtown) Edmonton: West Jasper Place, 6-Unit Cashflow Apartment
Turbo charge your portfolio. For those wanting a low risk investment in a gentrifying area with 6 units under one roof - here it is. This 6-plex offers is 5 minutes to Grant MacEwan, 6 minutes to Hospital, 10 to downtown.This is property has many 3 of the 6 units recently upgraded. 4 X 1BD, 1 X 2 bedroom and 1 X BACH, all units are above grade (no basement suites). 1974 built, 6 parking stalls and great curb appeal.
Terrific access to local amenities in highly rent-able West Jasper Place. Property is zoned R7 and is a legal, purpose built apartment. Purchase price to include reserve fund and light renovation budget to make it standout - rolled into mortgage. This is a turn-key deal. Excellent access downtown and in the transitioning neighbourhood of WJP.
Comes complete with great tenants making this a totally turn-key property for you. WJP is a mature neighbourhood that is convenient for tenants working downtown or attending Grant MacEwan. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this property in relation to Edmonton’s growing centre.
Purchase price: $680,000
Total Investment: $161,200
Your Estimated Pre-Tax 5 Year Profit $102,145
Total ROI is 63% or 12.6% per year
These 6 (legal) 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!
=========================
Edmonton real estate market looking unsettled, expert says
By Gordon Kent, Edmonton Sun, January 17th., 2017
Edmonton has been sailing through relatively calm waters during Alberta's economic meltdown, but there could be choppy days ahead, real estate specialist Don Campbell said Tuesday.
The capital has benefited from a stable government workforce and such major construction projects as northeast Anthony Henday Drive, Rogers Place and towers in the Ice District, said Campbell, senior analyst at the Real Estate Investment Network. READ MORE HERE
===============
Alberta’s ‘bittersweet’ recovery: Don’t expect a job surge anytime soon, TD warns
Despite GDP growth forecast, report says ‘it will likely take some time to filter through the job market'
By Robson Fletcher, CBC News, December 20th, 2016
Alberta's economy is still expected to lead the country in growth over the next two years, according to the latest forecast from TD Economics, but the report warns that doesn't mean jobs will suddenly come surging back to the province.
"This year's top performing economies, B.C. and Ontario, are expected to lose some momentum thanks to a cooling in the housing market, while Alberta and Saskatchewan head to the top of the leaderboard," the report reads.
"But, this will be bittersweet, as the job markets in these oil-producing economies are expected to remain soft, leaving unemployment rates historically elevated.” GRAB THIS ARTICLE
===============
Kevin Libin: Why is Alberta’s economy the only one the Trudeau Liberals are plotting to ‘phase out’?
By Kevin Libin, Financial Post, January 30th., 2017
Which Canadian leader will finally lay out a national plan to phase out Ontario’s auto industry?
Obviously, with the auto sector accounting for half-a-million jobs in Canada, at least 1,200 Ontario parts and equipment suppliers, and about 20 per cent of Ontario’s GDP and 12 per cent of Canada’s, it’s not something we can phase out tomorrow, naturally. But the more than two-million vehicles produced in Ontario annually burn billions of litres of carbon-heavy gasoline every year, emitting tens of millions of tonnes of carbon dioxide. This cannot go on. FOLLOW THIS STORY
===============
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.
“It’s always good to be underestimated.” - Donald Trump
Warm Regards,
Todd and Danielle Millar
Subscribe to:
Posts (Atom)
