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 guest speakers
this month will be:
Servit
Baliff Services
An
Expert Commercial Realtor
An
Expert Mortgage Broker
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. 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
January
8, 2008
Karen opened the meeting at
7:15 p.m. She now has a blue tooth in her ear.
Les has a full house and
three guest speakers. First, there was the introduction of
new guests. Lillian gave the treasurers report, then there
was “for sale/for rent” time. The market is dead and the
inventory is high. Time to buy.
Our first our guest speaker
was Mark Berry, of Home Loans Canada. He gave us the most
recent market stats. Average Edmonton rent is $1052 for
three bedrooms and $958 for 2 bedrooms. Kelowna has the
lowest vacancy rate at 0.0%. Edmonton is at 1.5% vacancy
rate.
Second up was Michael. He
explained about fractional ownership in waterfront
properties in Mexico. Unlike time share, the values
can increase.
Our third guest speaker was
Charmaine Bucknor from Calgary. She is with Shire
Investments International. Her offering is for Bearspaw,
land recently taken into Calgary city, in the northwest
area, with a 4 year time frame to be developed. Investors
are on title. Her advice – always invest in the project
rather than the company, so you are on title. Projected
return 172% over 4 years.
Les summed up the market
before the door prizes were awarded.
Katherine Callfas
LETTERS
FROM OUR MAILBAG
Can
you put me on your newsletter mailing list.
Can you also let me know when your next
meeting is.
Les,
My name is Tyler H and I just spoke with you on
the phone about joining your real estate meetings
and start networking with like minded people such
as your self. It is not about what you know
but who you know, I look forward to meeting you
and developing a long term business relationship.
Please e-mail the locations of upcoming meetings.
Thanks
Tyler H
This months Real Estate News Articles
And Links
Celebrity Homes from Gail
Nelson
courtesy of
www.celebrityhomephotos.com
John Travolta
|
Oprah
Oprah's got 14 bathrooms and 10 fireplaces in this
$55 mil Montecito, CA estate.
J-lo & Marc Anthony
Arnold & Maria Schwarzenegger
Eddie Murphy
Billy Joel
Hugh Hefner
Brad Pitt
Sylvester Stallone
Jerry Sienfeld
Brittney
Spears
OJ
Simpson
|
|
|
Thanks for
reading our entire newsletter...see you at our next meeting!!!
Copyright
- Edmonton Revenue Property Investors Association 2008
