Edmonton: the Oil Capital of Canada

jULY 2006

 

Top reasons to buy real estate

1 Prices are going UP! It's a killer HOT market!
2 Mortgage is being paid down equity is building.
3 Stock market is going down, bear market

4   You can touch and feel what you buy.

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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 $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.  

This Months Topic:

Identity Theft – Myths and Reality about the Crime of the Century

Linda Rasmussen – Regional VP of Marketing for PPL Legal Care of Canada

Identity Theft has been called the “crime of the century”. It is the fastest gText Box:  rowing white collar crime and it has stymied law enforcement on the local, provincial and national level as well as banks, credit card companies and the business community.

  There a two great myths or misconceptions about identity theft – that it is only financial and that you can’t lose money. There are actually five areas of identity theft that Linda will explore. She will also talk about what you can do to protect yourself, your family, your business and your assets.

 

Text Box:

Linda Rasmussen is the Regional Vice President of Marketing for PPL Legal Care of Canada, a subsidiary of Pre-Paid Legal Services Inc. a 34 year old New York Stock Exchange Company. Linda has had an active role in establishing Pre-Paid Legal Services (PPL) in Alberta since it opened for business 2001. She has a background in small business, health care administration, film production and distribution.

Legal services plans have been available for almost 90 years in Europe. PPL pioneered the concept in North America.  Three years ago, PPL added a new service – Identity Theft Shield – to its package of protection. Recently PPL worked closely with police services across Alberta to increase awareness about identity theft and to help individuals reduce their risks of being a victim.

Linda Rasmussen, VP Marketing
Employee Benefits & Small Business Specialist, Independent Associate

Pre-Paid Legal Services
Edmonton, Alberta

linda@planspecialist.com
AIM: Linda Rasmussen

tel:
mobile:

780-421-4121
780-717-5626


Am I ever madder than a hornet..... come to Tuesdays meeting to find out why! Find out how hot the market is as we survey a few realtors deals in the past month!!!           

We will also be talking about the HOT HOT HOT 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. 


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This months Real Estate News Articles And Links

 

Edm Prop Inv Newsletter/TheCarpetInstaller.wmv

Thanks Gail lol.

All aboard Alberta's real estate express
Globe and Mail - Canada
... Although Edmonton has not quite reached the frenzy of Calgary to the south, the real estate market in the city has grown intensely competitive, with Mr. Rosseu ...

CANOE -- CNEWS - Canada: Rent soars in Calgary
Calgary's rent explosion follows months of skyrocketing housing prices. ... $950 rent increases to $2000 per month ... (Edmonton will soon follow the trend!!!)

Condos sell like crazy
Edmonton Sun - Alberta, Canada
... "We're well on the way to setting a record in 2006," said Corriveau. Edmonton Real Estate Board spokesman Jon Hall reckons that's because migration is strong. ...

House prices expected to rise 9% for 2006
CBC North - Canada
In its quarterly report on growth in home prices, Royal LePage Real Estate Services said ... Edmonton saw average increases of 38.6 per cent and 33.2 per cent for ...

Eye-popping prices for Calgary housing
Toronto Star - Ontario, Canada
... Edmonton was in second place with a 39 per cent increase, while Vancouver ... In the east, things were much less frenzied as real estate agents reported fewer ...

Canada's housing market shows strength and momentum in the second ...
Canada NewsWire (press release) - Canada
... Soper, president and chief executive officer, Royal LePage Real Estate Services ... Insufficient supply characterized the markets in Calgary, Edmonton and Vancouver ...

Small supply boosts home costs by 4.7 per cent
Edmonton Journal (subscription) - Edmonton,Alberta,Canada
EDMONTON - Home prices rose another 4.7 per cent in June as the Edmonton Real Estate Board warned of "consumer desparation.". Registered ...

Homes tug-of-war
Edmonton Sun - Alberta, Canada
Yesterday, Edmonton Real Estate Board (EREB) president Madeline Sarafinchan called a press conference to release the June stats, where she summarized the ...

Luxury Homes Sales On the Rise Across Country
Centre Magazine - Toronto,Ontario,Canada
... as 177 per cent in Edmonton. Only Windsor, Ontario, where. concerns over the future of the automotive industry are having an impact on real estate in general ...

Housing markets continue torrid pace
Ottawa Citizen - Ontario, Canada
... available inventory," said Phil Soper, head of Royal LePage Real Estate Services, noting that was especially the case in Calgary, Edmonton, and Vancouver. ...

Prairies finalists announced for Canada's leading business awards
Canada NewsWire (press release) - Canada
... portfolio management) Calgary, AB www.mcleanpartners.com REAL ESTATE Timothy Melton Melcor Developments Ltd. (Commercial properties) Edmonton, AB www.melcor.ca ...

Hunting fool's gold
Toronto Sun - Canada
... Overall, the real estate giant is predicting national average prices will jump 9.2 ... That compares to Edmonton up 38.6%; Winnipeg up 15.3%; Saskatchewan up 10.7 ...

Average house price to rise 9.2% this year, boosted by West: Royal ...
CBC News - Canada
... Mike Ouellette, a real estate agent with Re/Max in Calgary, said that the increase ... Winnipeg, 10.7 per cent in Saskatchewan, 38.6 per cent in Edmonton, 10.4 per ...

CanWest quarter flat
Globe and Mail - Canada
... In Calgary and Edmonton, where homes are selling fast, the red-hot market doesn't require sellers or real estate agents to advertise as aggressively as they ...

Real estate still sizzling
National Post - Canada
... so through the rest of this year and into next, a major real estate firm said ... 50 per cent higher in Calgary and more than 30 per cent in Edmonton, according to ...

Home buyers beware: Bidding wars can push price into danger zone
Edmonton Journal (subscription) - Edmonton,Alberta,Canada
... "Probably seven or eight times out of 10, you receive multiple offers," says Madeline Sarafinchan, president of the Edmonton Real Estate Board. ...

Starter home supply concerns Lloyd realtors
Meridian Booster - Lloydminster,Alberta,Canada
... increases ranging from eight per cent in Halifax/Dartmouth to as high as 177 per cent in Edmonton. ... The Canadian love affair with residential real estate is far ...

The Average Price of Canadian Home Tops $300,000 in May
Centre Magazine - Toronto,Ontario,Canada
According to statistics released by The Canadian Real Estate Association, actual home ... year-to-date records were set in Calgary, Edmonton, Saskatoon, Winnipeg ...

Cottaging out west
Globe and Mail - Canada
... cottage in Sylvan Lake, which is halfway between Calgary and Edmonton, at a ... The energy boom has inflated real-estate prices across the board in Alberta, a ...

In the news
24 Hours Vancouver - Canada
... Thomas, Hamilton, Burlington, Toronto, Winnipeg, Calgary, Edmonton, Kelowna, Victoria, and Vancouver ... May 2005, according to the Fraser Valley Real Estate Board. ...

More Albertans living in luxury
CBC.ca - Alberta, Canada
... The real-estate company established different thresholds in each city for what constituted a "luxury" home. In Edmonton, where the threshold is $500,000, 144 ...

Landlord given to Sept. 1 to fix up PoCo property
Coquitlam Tri City News - B.C., Canada
By Janis Warren. A landlord has the summer to fix up her Port Coquitlam home after being granted an extension by the city to complete the work. ...

Real estate survey:
Bradenton Herald - FL, United States
... chief economist John Tuccillo recently spoke about the future of real estate in Manatee ... 18 percent of homeowners named the impact of a housing bubble as their ...

Real Estate Underdog Predicts the Future of Housing Prices Using a ...
PR Web (press release) - Ferndale,WA,USA
(PRWEB) July 7, 2006 -- For real estate investors wondering ... Amidst all the talk of the housing bubble and housing boom, the media has done its level best to ...

Landlord sues residents for $5.1M
Edmonton Journal (subscription) - Edmonton,Alberta,Canada
EDMONTON - Elderly residents of a mobile home park in West Edmonton are crying foul after their landlord sued them for $5.1 million when they launched a ...

Woman sues landlord over accidental shooting
Northwest Arkansas Times - Fayetteville,AR,USA
A Fayetteville woman has sued a man who allegedly shot her in the neck area last June at an apartment she rented from him after he tripped and fell with the gun ...

Landlord faces prosecution after girl poisoned at home
Wimbledon Guardian - Wimbledon,London,UK
... Michelle de Court, of the Health and Safety Executive, said it could prosecute the landlord of the rented house, Hussein Jajbhay, as he had failed to get a ...

Tenants say landlord is for the birds
Somerville Journal - Somerville,MA,USA
... certainly do with a makeover, but that's not the only problem, said some tenants who have a long list of problems that the absentee landlord has allegedly long ...

Real Estate Guru Reveals Secret to Investing During Housing Bubble ...
Yahoo! News (press release) - USA
... Acquisitions and real estate guru, Doug Crowe, CEO of the Springboard Group, the premier real estate academy, is set to take on the real estate bubble crisis. ...

Your Turn: Living in Landlord Hell?
Village Voice - New York,NY,USA
By Laura Conaway | July 05, 2006. But the winner, of all possible culprits, is the federal government. As in HUD. From the report ...

Calgary rents soaring along with demand
Calgary tenant Shawn Belcourt recently discovered the rent on his one-bedroom is increasing from $690 to $950 a month starting Oct. 1. The rent increase ...


 

 

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Copyright -  Edmonton Revenue Property Investors Association 2006