THE CANADIAN & US REAL ESTATE MARKET!
BRINGING YOU TO THE FRONT LINE
OF REAL ESTATE INVESTMENT
From the comfort of your armchair
Investment update – August 5, 2008
We are staying the course on this investment program. Incredible things are coming thru this window that was opened for us.
The accounting firm of Pricewaterhouse Coopers and the law firm of Gowlings Lafleur Henderson, over the last year or so have been working on developing a new investment strategy and we will be receiving the benefit. They had recognized the pending issues to our investment community coming from the Alberta Securities and CCRA. The strategy has addressed the pending changes and some of the current issues in the investment community.
The investment program will be a qualified investment under the Tax Act for trusts governed by retirement saving plans, registered retirement income funds, deferred profit sharing plans and registered education savings plans. The program will allow us to finance investment in real estate projects in Canada and the United States.
How the Investment Works
The Principles have established real estate market contacts and associations with financial and real estate brokerages and agents throughout Canada and the United States. This front line real estate based network affords direct access to the current and continuing investment opportunities with the real estate markets of Canada and the United States.
The funds invested will collectively provide a front line investment into the various real estate opportunities that are presented. The Canadian real estate market still proves to be an excellent arena for investment, even while the media highlights the transitional market issues. The subprime issues in the United States also provide many exceptional investment opportunities in that market. The principles definitely understand that thorough attentiveness and determination is crucial in its entirety to ensure investment success in this market.
Within this investment program, there are four real estate markets in Canada and the United States that are proposed target areas:
· Firstly, the traditional residential market with direct access to the lenders on REO (bank owned) properties. Dealing directly with the lenders will provide significant reduction in the acquisition price based on today’s market value. These properties will then be re-sold to the public at market prices.
· Secondly, raw land for future development purposes. These sites will be acquired and sold to developers.
· Thirdly, the commercial market is currently in a market slump due to the sub-prime issues will be acquired at discounted prices. These office buildings, shopping centers, mixed-use commercial/residential projects will be re-sold to investors as cash flow projects.
· Fourthly, current projects in which development has been started but the subprime issues have brought to a halt. This market will require substantial analysis and only the most cost-effective and lucrative will be considered.
For additional information please contact: email address: ron@mrlcompanies.com