Check out our latest video clip and gain a broader understanding of our business model, what we do, and how we’ve successfully created wealth for investors, just like you, for over 15 years! We’ve also provided a few links below for your review! Our current investment opportunity Kings Castle LP Click Here Our proven Track Record Click Here What is […]
Cold Lake Oil Sands – The Next Fort McMurray?
The Cold Lake region offers some of the best economics for oil sands development due to high bitumen quality and proximity to markets and infrastructure. Cold Lake’s thermal in-situ projects are the largest in the world and supply about 10% of Canada’s daily oil production. Major employers in the area include Imperial Oil, Husky, CNRL, […]
Edmonton City Center will shine like no other in North America – $2.5 Billion Edmonton Arena Project Fly Though Video Unveiled
Daryl Katz, team owner and co-developer of the Edmonton Arena District (EAD) made a rare appearance before journalists to reveal new details about a $2.5-billion mega-development that will transform four million square feet (including the arena) of downtown parking lots and one-storey building sites into what he calls the largest mixed-use sports and entertainment […]
Painting A Picture With Numbers, The Story Of Alberta
We’ve heard it time and time again, Alberta is a prosperous province with a booming economy, but how do we actually stack up, numbers wise? The Alberta Office of Statistics and Information has the answers: Last year the population in our province jumped by 3.5%, which is triple the national average. Average rent for […]
Why Edmonton’s Growth Is Outpacing Calgary’s
That smaller city to the north — you know, the one with the legislature and that megamall — is now growing at a faster clip than booming Calgary. There are 877,926 Edmontonians, according to the city’s 2014 census released Friday. While that remains a far cry from Calgary’s nearly 1.2 million, the capital’s two-year growth […]
8 Signs That Ontario is Seriously Declining In Car Production
After Auto-Pact was signed in the mid 1960’s, Canada was responsible for 20% of North American car production, reaching its peak in the 1980’s. It is now down to about 13% and is expected to be declining further still. Since 2000, five Canadian manufacturing facilities have closed and only one has opened. Auto industry employment […]
Achtung: Inexpensive energy is critical for economic growth !
Humans require energy. Humans in an industrialized and growing / affluent society require more energy than tribal groups with low living standards. Developing nations, be they in S-America, Asia or Africa require far more energy than before. One of my interests always has been energy, the price of energy, renewable energy, nuclear energy, energy conservation […]
Is A Rental Pooled Condo Investment Right For You?
I have started my real estate investment career in earnest in 1997 with rental pooled condos as it provides a turn-key operation with little management headaches, ideal for a part-time investor with a busy career or family, as elaborated further in my book “80 Lessons Learned on the Road from $80,000 to $80,000,000”. A rental […]
Lesson Learned: Don’t sell too early … if ever … but hold!
We came across a listing recently and thought you would appreciate this little story. It is an influential example of the power of owning and holding real estate. In December 2003, Prestigious Properties acquired Spruce Manor, a 12 unit building in Edmonton for $492,500 ($41,000/unit) with $100,000 in cash, the smallest PrestProp building ever acquired. After modest renovations […]
Real Estate: A Three-Course Meal
Real estate is like a three course meal. The appetizer is the positive cash flow, always appreciated but not required (because breaking even is okay too). The dessert is the equity appreciation; like an appetizer it is always appreciated but not required for a meal or wealth creation. The main course is the mortgage pay down, month after month. […]