REAL ESTATE NEWS

2011-04-18T08:17:00.000-07:00

2010-09-29T09:31:00.000-07:00

2010-09-29T09:29:00.000-07:00

EDMONTON REAL ESTATE INSIDER: The CEO Poll: Long slog ahead for home prices

2010-09-27T08:35:00.000-07:00

EDMONTON REAL ESTATE INSIDER: The CEO Poll: Long slog ahead for home prices: "CEOs predict years of sluggish growth for residential real estate prices. By Jaqueline Nelson Canadian CEOs don’t think that the country’..."

EDMONTON REAL ESTATE INSIDER: Housing market not headed for crisis!!

2010-09-27T08:34:00.000-07:00

EDMONTON REAL ESTATE INSIDER: Housing market not headed for crisis!!: "Housing market not headed for crisis!! The recent slide in Canadian housing sales should not be characterized as a free fall, but rather “a..."

3 Days of Head Stretching

2010-09-20T14:01:00.000-07:00

3 Days of Head Stretching: "Dear Friends and Partners,  
This past weekend was the opposite of spending time in the jungle getting your head shrunk, it was investing your time in the city getting your head s-t-r-e-t-c-h-e-d. I was at the REIN Multi-family investing event with many of you and had a fantastic time. For those that didn't get a chance to attend, you missed out seeing many dynamic speakers and some timely information.

  We took a bus trip around Edmonton, St. Albert and Beaumont where we heard the local mayors speak about the economic fundamentals of the towns. Even if these areas aren't your targets, it is always good to hear what is happening and get your feet on the ground.  

As the bus weaved its way through Edmonton, there were many neighborhoods we passed where our properties are within a minute's walk away- a testament to the diligence and system we use to select our properties for you.  

Highlighting Saturday's event for me was Derek Lobo's presentation. Derek is North America's leading multi-family lease and marketing specialist. He touched on methods he uses to scour the market and pluck investment nuggets from. Thomas Beyer of Prestigious Properties (owner of a 1200 unit portfolio) also shared his insights into determining value and the stress involved in owning real estate.   

Topping of the weekend was Terry Paranych - one of the most engaging, dynamic and off the wall folks in the real estate industry. Terry is a phenomenal marketer and salesman. He has created a portfolio of Edmonton properties that generate in excess of $100K positive cashflow per month. Read that last line again if you didn't catch it.... $100K per month positive cashflow. Terry gives back a lot and is a great guy to boot!

North East Edmonton: Cashflowing 6-Plex In Gentrifying Neighborhood

Turbo charge your portfolio. In the slow and steady neighborhood of Eastwood you'll find a good mix of suites in this apartment building. There is 1 X 3 bedroom suite, 3 X 2 bedrooms, and 2 X 1 bedrooms. Suites have had new flooring and some upgrading. Each apartment is separately metered and there are six individual, energized parking stalls. The suites are legal, conforming and well located near shopping and the LRT. There is a shared coin laundry down generating extra revenue. These pictures show the front and side of the building, with additional care the curb appeal and value can be increased.   

Comes fully tenanted making this a totally turn-key property for you. Convenient North East area with easy access to LRT, Downtown and Ring Road. Working class neighborhood that is desirable for renters and potential re-salability value. HUGE upside potential due to the great purchase price, strong economic fundamentals and the proximity of this property in relation to Edmonton's improving North East-side.

  Produces $1665 positive cash flow per month using an investor's mortgage plan - taking advantage of current low rates.

  Poised for massive growth. These 6 suites rent for top dollar and have everything arranged, including financing structure and incredible tenants. Your investment includes: 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!  

Purchase price: $650K Total Investment: $161K. Your Estimated 5 Year Profit $117K. Your pre-tax Total ROI is 72% or 14% per year + $1665 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-

'Begin today, so that tomorrow you are no longer dreaming you are achieving' -Don Campbell  

Kind Regards,  

Todd and Danielle Millar

2011 is Alberta's year - TD Bank

2010-09-20T13:59:00.000-07:00

2011 is Alberta's year - TD Bank: "

'Alberta’s economy will lead the nation next year, according to a report released today by TD Economics.

The bank’s Canadian Economic Outlook report said the province’s real Gross Domestic Product growth will be 3.5 per cent in 2011 after a 2.8 per cent hike in 2010.

In 2009, during the recession, Alberta’s economy contracted by an estimated 4.9 per cent from the previous year.

TD Economics is forecasting real GDP growth of 3.6 per cent this year and 2.5 per cent in 2011 for the entire Canadian economy.

In 2009, Canada’s economy contracted by 2.9 per cent.'Read more

2010-08-05T09:44:00.000-07:00

Love Thy Neighbour

2010-07-09T13:35:00.000-07:00

Love Thy Neighbour: "
Who can be everywhere at the same time? Little do you know that every rental property you own has a secret legion of protectors just waiting to help you maintain, improve and manage your investment. Who are they? Neighbours.

Your neighbours are your allies. Go talk to them ask them how the property is doing. Are the tenants noisy? Are they having parties? What's going on? Everyone living around your investment has a vested interest in your rental doing well.

Why? Because it's their home, maybe 10, 20 or 30 years of care, mortgage payments and dreams are being affected by yahoo tenants or equity building ones. For them it's serious.

I've experienced this a few times a concerned call often gives me ammo to correct a problem I might not see until the next 4 month inspection. Don't underestimate the power of those extra eyes.

However, make sure you're not asking the neighbour with the mattress and half rebuilt cars on the lawn!

I wish we had StreetAdvisor in Canada....