Welcome to the Edmonton Revenue
Property Investors Monthly Newsletter
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
$10 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
first guest speaker
this month will be:
Stephen
Dollansky
Vice President
(external) of the University of Alberta Students' Union
Steven is a
fourth year science student at the University of Alberta. He
is completing a B. Sc. Degree and pursuing further education
in the economics field. Steven is the vice president
(external) at the University of Alberta Students' Union
which entails representing over 31000 undergraduates to all
levels of government and community organizations. He is also
a member of the University of Alberta senate, president of
the A-link volunteer enhancement program, and member of the
Government of Alberta student finance board. Steven
currently rents a two bedroom condo with a fellow student in
the Oliver area.
Steven will be
speaking about hardships students are having finding
accommodation this year in Edmonton.
Homeless
students issue plea
Edmonton Journal -
Edmonton,Alberta,Canada EDMONTON - The University of Alberta Students' Union
wants people to open their homes to students who are at the
mercy of an extremely tight rental market. ...
Edmonton
students face rising rents
Edmonton Sun -
Alberta, Canada
Janelle Morin, a fourth-year English student at the U of A,
is familiar with how hard it can be to find a reasonably
priced apartment in Edmonton. ...
Our second guest speaker
will be:
Don Erdmann
Architectural
Clearinghouse 11507-120 St 436-1222
Our
third guest speaker will be:
Rolf
Kugelstadt
Past
President of the Edmonton Revenue Property Investors Association and former
Realtor in Edmonton
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 forrent or for
sale real estate online please visit Rentex
HomesandBuy
Sell Rent Ads ...register and post your properties. 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.
HIGHLIGHTS
FROM OUR LAST MEETING
Edmonton
Revenue Property Investors Association
July 10, 2007
Karen, out Chair lady opened
the meeting, and Les gave us an update on current market
conditions.
Our first guest speaker was
Eldon Schechtel of EXCEL Building Inspection and Consulting
from Sherwood Park. They do apartments, Condo’s,
commercial, farm, acreages as well as sewer and water
systems. . His phone number is (780) 464-5634
The best buildings are those
built from early 1950’s to late a 1960’s. One suggestion
he mentioned was to extend roof vents so that snow does not
melt around the vents. Also for wet basements, check the
eve’s troughs and grading, then seal clay around the home,
as basements are never waterproof.
Our second guest speaker gave
a presentation on Spring Fresh, a mountain resort complex
development in
South Korea. This is for qualified investors and the minimum
investment in this luxury development is $150,000. There
will be both private and government funding. The time
frame is 4 years and the total cost of this development will
be US $323 Million. For more information, they have a web
site www.SpringFresh.ca
The meeting closed at 9:30
with a draw for books and money donated by the presenters.
Katherine Callfas
LETTERS
FROM OUR MAILBAG
Hello,
I was hoping you
could provide me with information about your
investment club? Is there a fee to join your
membership and if so how much? I'm new to real
estate investing and looking to make contacts in
the area.
Thank you for your
time.
Terry Lecourtois
(ed it's all in
this newsletter!!!)
This months Real Estate News Articles
And Links
With over 100 calls
coming in per day I am thinking of automating our phone answering
system using the latest artificial intelligence
software.
Quiet
at tent city
Edmonton Sun -
Alberta, Canada
By CARTER HAYDU, Sun Media Since the metal fence went up
around Edmonton's tent city two weeks ago,
campers have enjoyed peace and quiet, says a shantytown ...
Boardwalk
rides Prairie boom
Globe and Mail -
Canada
One-third of Boardwalk's units are in rapidly growing Edmonton,
where monthly rents were up $107 over the first quarter
of 2007 and vacancy rates are ...
Nightmare
apartment found Canoe.ca
- Canada ... and a small pet cemetery greeted Edmonton
landlord Dennis Hillman when he went to check whether a tenant
had vacated his west-end rental suite Sunday. ...
Apartment Wall Ball (how your units get damaged)
Tenants fail to pay rent and leave landlords with
garbage, then tenants wonder why rents need to be
increased!!!
More tenant garbage for the landlord.
Couple has home ransacked $40,000
damage
Thanks for
reading our entire newsletter...see you at our next meeting!!!
Copyright
- Edmonton Revenue Property Investors Association 2007
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