Edmonton: the Oil Capital of Canada
Mar 14. 2006 ISSUE 203

 

Top Energy Saving Tips
1 Compact Fluorescents
2 Low Flush Toilets
3 New Furnace Filters

4   Low Flo Showerheads

Suggest a guest speaker for our next meeting
Help us to provide excellent information at our monthly meetings by suggesting a guest speaker. Please include phone numbers and addresses.
 Real Estate Forum
NEW Discuss Real Estate issues with other local Real Estate Investors. Post your questions and help other investors!
 Real Estate Blog
Your presidents personal web log...lets hear your comments!
Approved Edmonton Contractors and Services
Lets help each other by submitting our good contractors and service companies so we know who to use when we have a need!
Real Estate Websites
Some of the webs best real estate websites.
Creative Real Estate
Real Estate Investing Information at
the #1 Real Estate Investment Site.
Real Estate ABC
Real Estate ABCs consumer tips, hints, and resources for home buyers, sellers, and mortgage borrowers.
Alberta Government Services
Security Deposit Interest Rates for Alberta. Landlord and Tenant Advisory Boards. Residential Tenancies Act and Regulations.
Canadian Real Estate Directory
Find Canadian Real Estate sites here!
Real Estate Investment Portal
Politically Incorrect "Kick Butt-Take Names" real estate investing website
ComFree For Sale By Owner
The ads with the most page views have been on the site the longest and the vendors are starting to get motivated!
Canada's Criminal Code
Politicians apparently don't read this. The next time you get ripped off tell the cop what section he should be enforcing!
Edmonton Apartment Association
The name says it all!!
Edmonton Investors News Groups
Read and post investor info.
Edmonton Real Estate Board
This is where Edmonton's Realtors get there licenses and more! Good site for sales data.
Results Quick
Richard Roop's Real Estate site.
Real Estate Journal
Wall Street Journal Real Estate
National Real Estate Investor
Slick online Real Estate Ezine
Ozzie Jurock
That ex realtor turned guru in Vancouver. Videos and courses.
Landlord Protection Agency
Landlord protection through safe, effective, profitable property management.
Landlord.com
Wealth - knowledge - time saving tools.
Michael Holigan TV
Building buying remodeling. 
MainStreet
Edmonton landlord. See how the pro's do it.
Multiple Listing Service
Residential & Commercial properties.
Mr Landlord.com
The #1 website
where rental owners ask landlording questions
and get answers and tips from other landlords.
 
 
 
 
 
 

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Welcome to the Edmonton Revenue Property Investors Monthly Newsletter message from your President

Note: Audio message is 1 hour long

It's time again and the monthly association meeting of our group has arrived. For those of you new to this e-mailing here are the particulars.

            Once a month on the second Tuesday of each month a like-minded group of real estate investors meet on the second floor at Rosie’s Restaurant. Located at the corner of 105 St. and 80 Ave.  Arrivals at 6:30 and the meeting starts at 7:00 pm. You are cordially being invited to attend. Attendees are required to pay $5 at the door. There is no annual membership charge yet. All attendees and visitors are asked to buy $5 worth of food to support the use of Rosie’s Restaurant 2nd floor meeting room, and please generously tip your server, this helps to support our free use of the meeting room. Please bring a few of your used real estate or self help books that you no longer require to donate to our library or door prizes.  If you park to the east of Rosie’s in the strip mall parking lot, please pick up a free parking pass from the bar to put on your windshield. 

            Each meeting is different as we may bring in special guest speakers for each meeting. Each speaker is uniquely qualified in his or her own specific field of expertise. Even a seasoned investor will be pleasantly surprised with the knowledge gained from attending our meetings. We encourage all attendees to participate at the meetings by asking our speakers your pertinent questions. We need and appreciate your input at all meetings. Like-minded investors can and do learn and help each other to achieve success.

               We really do look forward to seeing you and please bring a friend to our next meeting. If you have a friend that you feel would like to be put on our e-mail list send their e-mail to me.

               Our Guest Presenter this month will be Wayne Moen from River City Remax who will be coming to speak to us about the rise of Mortgage Fraud in Alberta .

                Wayne was scheduled to be our guest speaker for our February meeting but due to the date falling on Valentines day cancelled out at the last moment.   

                  Wayne has been licensed as a Realtor since 1974 and an Agency Owner since 1980. A few of Wayne’s achievement awards include a Life Member of the Edmonton Real Estate Board, he is a multiple Million Dollar Producer, a multiple 100% Club recipient, and belongs to the Re/Max Hall of Fame.

 

                  Wayne is also a Past President of the Alberta Real Estate Association, Past President of the Edmonton Real Estate Board, and has served on the Alberta Advisory Committee on Mortgage Fraud.

 

                  Wayne specializes in the sale of character homes in the University, Mill Creek and Highlands areas. He also does commercial leasing and sales, working with small and large investors.

 

                   With Alberta’s hot housing market and mortgage fraud at all time highs, now is a good time to prepare yourself to recognize mortgage fraud and to learn how to protect yourself and your clients. Don’t miss this engaging speaker and important topic.

           We will also be talking about the real estate market, landlording, present housing prices and trends for Edmonton real estate, and many more topics. If you have any real estate for rent or for sale please make up some hand outs to give to any attendees and be prepared to stand up and tell us about your handouts. Please network and socialize with the other members and guests before and after the meeting. If you want to list your for rent or for sale real estate online please visit  Rentex Homes  and  Buy Sell Rent Ads ...register and post your properties. Presently small investors may place free photo ads on these sites as long as they do not conflict with my property ads.  Please visit our approved contractors site  Bookmark this list as it is not easy to navigate to it from our home page. If you know good contractors email me and I will add them to the site.  I am still looking for good south side apartment and commercial buildings, if you hear of any please contact me ASAP!!

If you have any questions at all please e-mail me at admin@rentexhomes.com or call me at 780-433-1481 regarding any of the above.

    See you all at the next meeting,

    Your cordial President, Les Michaelson

About the Author: Les Michaelson has been an Edmonton Real investor since 1978. His interests are in the hands on operation of acquiring managing and selling of revenue properties of all types. For more information visit  Real Estate Blog


Remember ,,, your greatest asset is your tenant


This months Real Estate News Articles And Links

Investment Outlook Grows Brighter For Apartments
When the tech bubble burst in 2001, real estate suddenly became the darling of America's investors. The shift in investor sentiment made perfect sense:...
By Charles Krawitz

Click here to hear an entire Teleseminar with Larry Goins
http://www.wealthbuilding247.com/teleseminars.htm

Genesis Land Developments Calgary


Edmonton Landlords Enjoy the Sun

Hi there, We hope all is well your way and that you are very much in the Christmas spirit by now! Here's a picture of us on the beach the other day relaxing and enjoying the beautiful weather here in Lo de Marcos, Mexico! Sending warm wishes your way for a Fun Filled Christmas and a Happy, Healthy and Prosperous New Year! If you get a chance, drop us a line, we would love to hear from you! Take care and bye for now,

Love, Lorraine and Brian and little Maddy 

(Ed who says Real Estate doesn't Pay!)


Testimonials: Hi there, I am inquiring about your meetings for real estate investment. What is the general topics discussed? I am interested in attending one of these meetings. Please provide me with more details. Thank you.

Regards, Ray


Good afternoon,
 
Can you add us to your email list for monthly meetings. I attended with Sonia and Steve back in 05 and really enjoyed myself.
 
Thanks, Karen and Mike

Hey Les,

Thanks for the info on the course tomorrow night. I will be going to the 6:15 Seminar. I just wanted to let you know that I saw another free course in the paper about foreclosure properties. Like I said before I am trying so hard to get involved in residential revenue properties, please keep me posted if you hear of anything that I can attend....... maybe in hopes of finding a mentor. Feel free to give me a call if this link does not work for some reason 

Dan


Les, Thank you for taking your precious time to e-mail me the info. I find it very interesting and informative. See you at the meeting.

Cheers, Cres


Hello Les, I just wanted to extend my sincere thanks for having me out to present at your meeting last night.  You have a wonderful group and I really enjoyed your presentation as well. Please let me know if there's anything I can ever assist you or ERPIA with.  And thank you for dinner as well!
 
Take care,
Kelley Keehn, EPC
Author, Writer, Speaker
The Prosperity Factor
T:  (780) 732.0144
T: 1 877 488.8760
F:  (780) 401.3224
www.TheProsperityFactor.com

You said you wanted the name of my plumber and his picture so here it is.

Gail

Development 'wave' hits real estate
Globe and Mail - Canada
... Canadian Real Estate Investment Managers show that total return on real estate in 2005 ... markets were Calgary with a 26.5-per-cent return and Edmonton with 23.4 ...

Christchurch property dealer arrested in Canada
New Zealand Herald - New Zealand
... A Calgary real estate company principal John Wade estimated deals Gray had done through him and other real estate companies in Calgary and Edmonton came to ...

Builders began construction on 126 single-family homes
Winnipeg Free Press (subscription) - Winnipeg,Manitoba,Canada
... The new housing-start numbers came out just one day after the Winnipeg Real Estate Board released figures showing that last month was also the best February on ...

Housing slows down: But analysts predict activity will stay ...
StarPhoenix - Saskatoon,Saskatchewan,Canada
... Western Canada real estate benefited from the boost the oil and gas sector has given ... return of 25.6 per cent, followed by 23.4 per cent in Edmonton, and 21.4 ...

Real estate sticker shock
Georgia Straight - Vancouver,British Columbia,Canada
... Last month, the Real Estate Board of Greater Vancouver reported that the average sale ... Winnipeg’s multiple is just 2.4, whereas Edmonton’s and Quebec City ...

It's wild out West!
Toronto Sun - Canada
... For example, for all types of real estate investment, Calgary led the way with a return of 26.5%, followed by Edmonton at 23.4%. Next was Vancouver at 21.4%. ...

New-house prices keep climbing
Globe and Mail - Canada
... since the real estate boom of the late 1980s,” Ted Carmichael, chief economist at JP Morgan Chase & Co., wrote in a report. New homes in Calgary and Edmonton ...

Alberta's oil boom pumps millions into Nova Scotia
CBC Edmonton - Edmonton,Alberta,Canada
... Murphy said they're not interested in buying houses in booming Fort McMurray because real-estate prices are high and "nobody wants to get into a 25-year ...

Location,location,location
Edmonton Sun - Canada
By Neil Waugh. New president, same old story down at the Edmonton Real Estate Board's 142 Street bunker. Yup, February was another ...

The man who bought the Calgary Tower
Globe and Mail - Canada
... CB Richard Ellis in Canada, and returned to business school to specialize in real estate. ... A few years ago, it began buying properties in Edmonton, a city where ...

Acquisition of Palliser Square Complex and Calgary Tower
Canada NewsWire (press release) - Canada
... is an Alberta based, fully integrated, private real estate company that owns and ... and approximately 3,500 parking stalls in the cities of Calgary and Edmonton. ...

Historic homes restored to former glory
Business Edge - Alberta,Canada
... The goal, according to City of Edmonton heritage planner David Holdsworth, is to ... looking to buy an older home, and even tradespeople and real estate agents who ...

Home prices head towards £300k barrier
Tottenham, Wood Green and Edmonton Journal - London,England,UK
... Sean Downey, partner at Cousins Estate Agents in Green Lanes, said: "Without looking at the stats I would definitely say prices here ... They are real hot spots. ...

Melcor Developments Ltd., EDMONTON AB (TSX:MRD) Reports Earnings ...
CNW Telbec (Communiqués de presse) - Canada
EDMONTON, Feb. 24 /CNW/ - Melcor Developments Ltd., an Alberta based public real estate development company, recorded net earnings of $41,776,000 or $13.80 per ...

We're all big, big spenders
Edmonton Sun - Canada
By TIMOTHY LE RICHE, EDMONTON SUN. ... "Alberta's doing great, the economy is robust, the weather was good, and the real estate market went up another 10% in the ...

Earthquake Prediction Science Used to Predict Real Estate ...
Voice of America - USA
The average price of a house has risen dramatically in the US since 2003, prompting many to wonder if there is a housing "bubble," and when it could burst. ...

Should You Buy or Rent?
ABC News - USA
... If you bought low, you're guaranteed to make a huge profit, and if you're right, and the real estate bubble is about to burst, you'll make the maximum profit. ...

Calgary's housing boom lifts off
Globe and Mail - Canada
CALGARY -- Calgary's housing market is dramatically outpacing the rest of the country, in a price surge not seen since the real estate bubble in Toronto 15 ...

Judge Rules Against Landlord in “Consumer Protection” Case
The Lookout News - Santa Monica,CA,USA
March 10 – In a first of its kind case, a Santa Monica Superior Court judge this week ordered a local landlord to pay $47,500 in fines and barred him from ...

Lawrence Walsh: Tenant held for trial in landlord assault
Pittsburgh Post Gazette - Pittsburgh,PA,USA
... the latest episode of a long-running disagreement between Ms. Johnson, 63, a former child care manager for a health care agency, and her landlord, Monte Miller ...

REAL ESTATE Realty Q&A
MarketWatch - USA
... numbers crunch -- if you can afford to pay the commission -- this might just be the best way to go, at least until you get started as a landlord, especially if ...

Hoarder's possessions litter lawn
United Press International - USA
ANTIOCH, Calif., March 10 (UPI) -- A Southern California landlord says she had no idea a long-time tenant and family friend had been hoarding so much junk in a ...

Toronto an expensive place to live
Toronto Star - Canada
... noted. "That is how inflated things were.". That burden, driven by skyrocketing interest rates, burst the real estate bubble. The ...

Increased Foreclosure Activity Continues in Southern California ...
Yahoo! News (press release) - USA
"The real estate bubble has not burst in Southern California, but it sure is deflating," said Serdar Bankaci, president and chief executive officer of Default ...

Real estate prices climb higher, fewer sales reported
Times-Standard - Eureka,CA,USA
Contrary to the housing bubble theories, while homes are slower to sell and there are more on the market right now, home prices are still out of most people's ...

If the US Stock Market were a broken down car...
The Daily Reckoning - London,UK
... carried an article last week explaining how Japan’s rising interest rates could finally knock the pins out from under America’s real estate bubble

Landlord, Huntington being sued over freak death
West Virginia Record - Charleston,WV,USA
WAYNE - The daughter of a man who was killed by a faulty window frame is suing the landlord of the building and the City of Huntington. ...

Renters need insurance: university grad
CBC Nova Scotia - Nova Scotia,Canada
... with three others. The four former roommates are now being sued by their former landlord's insurance company. One of Dabrowski's ...

Making Your Home Your Gold Mine
CBS News - USA
... your home. In part three, Bach lays out the game plan (video) for turning your home into your cash cow by becoming a landlord. "As ...

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THIS SPACE FOR LEASE CALL 780-433-1481 TO ADVERTISE YOUR PRODUCT OR SERVICE HERE!!! ***Remember Hundreds of Real Estate Investors view this newsletter each and every month!!***

 


 

Copyright -  Edmonton Revenue Property Investors Association 2006

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