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:
Eldon Schechtel
President of Excel
Building Inspection and Consulting
- Over 35 years of hands on
experience in all aspects of residential and commercial
construction
- Certified and Founding
member of the Canadian Association of Home and Property
Inspectors, CAHPIâ (Alberta)
- Member of the Executive
Committee of the CAHPIâ
(Alberta) since its inception
- Past president of the CAHPIâ
(Alberta)
- Past Director of the CAHPIâ
(National)
- Building Inspection Diploma
Certificate for the Province of Alberta
- Personally compiled the
curriculum content for most of the Building Inspection
Courses offered by the Southern Alberta Institute of
Technology (SAIT), which have prerequisite approval for
CAHIâ (Alberta) Certified
Membership
- Conducted numerous seminars
for CAHIâ (Alberta)
Membership continuing education requirements
- Solid background in
assessing structural development and elemental shifting on
older houses
- Successfully challenged all
exams required for Certified Membership in the American
Society of Home Inspectors, ASHIâ
- Specializes in Private Sewer
and Water Equipment on acreage’s and country homes
| Phone |
(780) 464-5634 |
| Fax |
(780) 467-5758 |
Our
second topic this month will be:
WELCOME TO THE FUTURE
BANFF OF KOREA
On July 10th Jae
Sim of SpringFresh Investment & Development Inc, will be
introducing a ground breaking investment opportunity.
Spring Fresh is a Canadian Company
which was incorporated in South Korea
with The County of Cheongsong located in Gyeungsangbukdo
province. Its
Canadian Head office is located in Edmonton, Alberta. The
South Korean Head
office is located in Seoul, South Korea.
The financing they are seeking is essentially for an
economic development
project for the County of Cheongsong-gun South Korea.
Coupled with the
financing Spring Fresh will bring to the project, the
municipal, provincial
and federal governments of South Korea are investing
resources such as
infrastructure, power and finances to make this project a
possibility.
On August 7, 2007 they will host an investment presentation
at the Sheraton
Suites, Eau Claire in Calgary at 1:00pm. On August 9, 2007
they will host an
investment presentation at the Shaw Conference in Edmonton
at 1:00pm.
They are extremely pleased to announce that The Honorable
Ralph Klein will be
their key note speaker for those two events.
For contact information please checkout our website at www.springfresh.ca
or
phone Carson Cole at 221-5001/Sang Kim at 660-3122.
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.
LETTERS
FROM OUR MAILBAG
National
Investment Team - Edmonton is pleased to
announce that they have listed for sale a 3-storey
walk-up apartment building consisting of
66-units located in west Edmonton located
at 6204-180 Street.
Should you
wish to receive further information on this
opportunity, please sign
the attached confidentiality agreement and
return to our office or feel free to
contact any member of National Investment Team -
Edmonton.
Best Regards,
NIT
- Edmonton
10180
- 101 Street, Suite 1220 | Edmonton,
Alberta T5J 3S4
T 780 424-5475 | F 780
426 1995
Hello…
I
have an investment property that I have purchased
the contract for $300,000. It
is a duplex with two suites (3-bedroom,
2-bedroom). The upper suite has
been
rented for $1200 and the lower suite has been
rented for $800. Because
of some other activities, I need to sell this
contract. I was going to close
on it and rent it and I have a prospective tenant
(long-time friend) for the
upstairs who would pay about $1300. If
anyone does take this, I would like to
ask
that you give him the first opportunity at
renting. He is reliable, he works in
the
oil-patch and I can vouch that he will take care
of the property and be a good tenant.
The
lower suite tenants were staying and I asked for
rent of $900, but they maybe moving
out, in which case the bottom could be rented to a
new tenant. I
would like to sell the contract for my deposit
($6000) and between $5000 to $10,000.
So
a total price of $11,000 to $15,000. I
don’t have a lot of time, the contract closes
on
July 31st, and so I am open to offers.
I
have only sent this email out to a select group of
investors/friends because it is a
great deal. I will operate on a first come,
first serve. Please
let me know… and again… first come… first
serve. Thanks
Chad
Fisher
www.edmontonre.ca
Chad
post your for sale and for rent properties on Rentex
Homes and on Buy
Sell Rent Ads for free. Everyone should make
free use of these resources!!!
This months Real Estate News Articles
And Links
Street
pastor calls on province to open parks to the homeless
News1130 -
Vancouver,British Columbia,Canada
... who must also pay damage deposits equal to
one month's rent. A homeless couple living under
a tarp in a tent city that sprung up recently in Edmonton
...
Landlord
appeals tenancy verdict
Northland
Independent Community - Northland,New Zealand
Landlord Harris Road No. 27, directed by Ralph
Vuletic, has appealed the ruling ordering it to pay
$12000 to each of the tenants. ...
Fire
officials want landlord jailed
Hamilton Spectator -
Ontario, Canada
Fire officials want a judge to put a Hamilton landlord
in jail for failing to comply with fire safety laws. Stephen
Birch, owner of a three-storey lodging .
Wikimapia
to world: Tell us about yourself
Sci Fi Tech - New
York,NY,USA
Browsing the University of Alberta campus in my hometown of Edmonton,
I was amused at the seat-of-the-pants nature of the wiki, with
entries like: "Stadium ...
On
My Own For The First Time...
By bazokajoe_2k
I'm living with a friend from University, and all I can say is
that finding a place to rent in Edmonton sucks right
now. We're paying more than we -should- be for this place, but
it's still nice and affordable for two people. ...
Wanted:
A comfy couch for Edmonton Eskimos
Globe and Mail - Canada
The native of Boise, Idaho, is hunting for an apartment
not only for himself but for his wife and young son. "I
found a one-bedroom for $1200. That's a lot. ...
Edmonton
rallying to find homes for new Eskimos
CTV.ca - Canada
The challenge of finding an affordable apartment has
been tougher than facing double coverage in the backfield for
receiver TJ Acree, who must rent a place ...
The
five deadly landlord sins
What Mortgage -
London,UK
Legal matters are your top priority as a landlord. You
need to ensure you have an Assured Short-hold Tenancy
Agreement in place which will outline ..
Landlord
jailed for renting grow-op house to family
Niagara Falls Review -
Niagara Falls,Ontario,Canada
A Niagara Falls landlord will spend the next 60 days
behind bars for knowingly renting a toxic home to an
unsuspecting family of five. ...
Tenant
complaints prompt landlord to rethink lease
San Francisco Chronicle
- CA, USA
Q: I have rented my condo to a low-income family through my
city's rental assistance program. The majority of their rent
is paid by the government, ...
Spell
out responsibilities clearly
Bangkok Post - Thailand
The next morning, 30-year-old Pam called her landlord
asking for the house to be repaired. Ten minutes later, both
ended up in argument, quarrelling over
Plugging
and Purifying to Fight Cigarette Smoke
Washington Post - United
States
What's an individual landlord's responsibility to
clean, repaint, etc.? It just doesn't seem as if he'll have
time to do that kind of cleaning before I move ...
Poverty
coalition identifies what holds people back
Kawartha Media Group -
Peterborough,Ontario,Canada
One man at the meeting said he lived on the streets of Edmonton.
Getting himself back on track was not an issue of getting an apartment,
but a mindset that ...
Justice
minister wants review of judge in botched Teskey case
Edmonton Sun - Alberta,
Canada
... assault case involving an apartment
caretaker. Leo Teskey's 2002 conviction for aggravated assault
on Dougald Miller of Edmonton was recently overturned ...
Homelessness
Costing Taxpayers Billions, Calgary Report Says
770chqr.com
- Calgary,Canada
The report recommends rent supplments and investment in
affordable housing alternatives, including tent cities. It
also suggests municipalities re-zone to ...
Thanks for
reading our entire newsletter...see you at our next meeting!!!
Copyright
- Edmonton Revenue Property Investors Association 2007
