Even Tiger Woods Needs A Break - 02/27/09 07:19 PM
He is among the most successful and currently the No. 1 golfer in the world. His level of achievement is legendary. He is focused, highly skilled and can probably perform at this level for many years to come.Like many super-performers he knows there are times to step back improve, re-tool your skills and evaluate your game. You just have to take the a break sometimes. When he does nobody says, "He's done! Golf is finished!" They wait and watch him comeback new and improved.That is what is happening in Alberta Real Estate. The global economy is wonky, oil prices dropped and … (2 comments)

Time IS Money - 02/26/09 12:06 AM
Or better phrased; time, knowledge and action create money
I'm going to save you the trouble of wading through a long page of B.S. to dig out the nuggets of truth that can help you.
My goal is to partner you with equity building Edmonton, Alberta Oil Sand Real Estate, putting strong appreciation and cash flow into your investment portfolio.
Depending on where you live and what you've invested in up to now you may have varied views on stocks, currency trading, precious metals and real estate. Some are essential parts of a balanced portfolio, others, a fast way to losses … (0 comments)

What will $500K Get You? - 02/25/09 06:02 AM
What can you buy in major centers across Canada for $500K. A lot of house! Except Saskatoon talk about a delusional market. … (0 comments)

Inflammatory Headlines - 02/24/09 05:15 AM
I read this article today and thought well everyone knows that Vancouver's real estate market, especially the condo market is overpriced. So am I surprised? However, the headline is so misleading. How can anyone compare cross Canada Real Estate values in one sweep?It's an effective scare tactic. If it's your home the value is in you living there and having a roof over your head. A home is not an asset unless it produces cash flow. Ask Rich Dad. … (0 comments)

It's Only Around The Corner - 02/23/09 03:33 AM
"The next 20 years will not look like the past 20 years in terms of growth," "Don't get trapped into where we are now, but look forward to the key drivers of trade," "There will be recovery and the response from trade will come quickly." Chris Holling, executive managing director, global trade and transportation advisory services, IHS Global Insight.
… (0 comments)

What's Right With The Economy Now? - 02/16/09 11:03 PM
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Wear A Mask - 02/15/09 11:28 PM
Typically February is a 'cold and flu' month. In Japan many people will don white surgical masks as a step toward protecting themselves from viruses. This proactive form of cold prevention is called 'yobo'.
It's true when you're sick you may also wear a mask as a consideration to others, to help reduce the spread of your virus. Perhaps we should all equip ourselves with a mental mask, one that lets in the facts and filters out the negative opinions that graft insidious influence into our thinking. North West Edmonton: Cash flowing Dunluce Town House In High Growth Area Turbo … (0 comments)

Edmonton Threats and Challenges - EEDC - 02/13/09 02:19 AM
Edmonton Economic and Development Corporation is an excellent resource for anyone interested in moving to, investing or starting a business in Edmonton. Their site is full of free research, documents and links for the public.EEDC Goals Increase tourism, conventions and visitations; Maintain and strengthen the resource-based economy; Support opportunities for value-added resource industries; Support and encourage the development of our knowledge-based economy; Create tangible value for the established business community; and Encourage a positive regional business and investment environment. Ron Gilbertson President and CEO of the EEDC has spoken at REIN and has an excellent PDF available for download. Outlining Edmonton's … (0 comments)

This And That - 02/10/09 06:27 PM
Save The Cities, Save The Economy -“It’s consumer confidence that’s going to dictate what happens to the Edmonton economy in 2009,”
"... Edmonton is on much better footing than many cities in Canada. “When you get up in the morning, you hear about the price of oil, the exchange rate and the TSX ... and commentary out of Eastern Canada and the United States telling everyone how doom and gloom it is.” But media coverage doesn’t necessarily have much to do with Edmonton’s situation." Paul Tsounis, Edmonton’s chief economist
As a service hub to Fort McMurray and the rest of Alberta, … (0 comments)

Cash Flow IS King - 02/07/09 01:04 AM
The market we are seeing in Edmonton today is not so bad. In fact it's normal. There are a lot of properties to choose from and market prices aren't all over the place.If you are a landlord the one thing you will have to contend with is renting your property and keeping it rented. Edmonton's vacancy rates went from 1% to about 4% now. That isn't really bad as long as you aren't in the 4%. Make sure your units are well maintained with a good property manager.Rents are dropping so if your investment property was negatively cash flowing before you … (2 comments)

Recommended Reading - 02/05/09 05:26 AM
Today I received my REIN CDs in the post. After loading them into itunes and started to listen to Don Campbell and all the great information for this month.Usually Don recommends a book and often times I buy it. In the past he has recommend some really great books that I have listened (I love Audible.com) to two or three times -Freakonomics, Made to Stick and Three Cups of Tea.Today he recommended a book that I am already reading; The Omnivore's Dilemma by Michael Pollan. It IS fantastic. I have been a fan of Pollan's since I read The Botany of … (0 comments)

Start Cashing Your CF Cheques - 02/02/09 07:02 PM
 
North West Edmonton: Cashflowing Dunluce Town House In High Growth Area Turbo charge your portfolio. Stylish 3 bedroom 1.5 bath town home has over 1205 sq ft of rental space plus 2 parking stalls. This unique complex was built in 1979 and has many upgrades as well as a strong reserve fund. Your unit has new carpet and laminate added this year.Comes complete with great tenants making this a totally turn-key property for you. Convenient area with nearby access to the new Ring Road and refinery row. Excellent neighborhood and HUGE upside potential due to the great purchase price, strong … (0 comments)

Don't Be In The 80% - 02/02/09 12:27 AM
I used to love listening to CBC Radio but after Morningside's Peter Gzowski, Vicki Gabereau and of course Finkleman's 45's left, my heart did too.Instead I've tuned into BBC Radio. Recently heard on BBC Radio 5 live 'Phone In Programme' discussing the world economic recession:Caller: 'Thanks to my financial adviser I now have a small fortune.'Presenter: That's very interesting, tell me more.Caller: Pause……………..Caller: 'Mind you, I started off with a large fortune.'Just a little joke to put a smile on your face.Remember Pareto's law? 80% of people are frozen (in this case) fear, while 20% are out there investing (in action).The … (2 comments)

 
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Todd & Danielle Millar

Edmonton, AB

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