Introduction

I have been in the domestic and international financial industry in various capacities since 1978 and specifically in syndicated real estate since 1989. I have been involved in income properties in London, Hamilton, Kingston and Trenton, Ontario; Calgary and Edmonton, Alberta; Vancouver, British Columbia; La Jolla, California; Phoenix, Arizona; Dallas, Texas and Dominican Republic. I am familiar with tax code in both the U.S. and Canada as well as several other countries.

Global economic uncertainty is precisely why I designed this vehicle. I’ve been in the investment industry for more than 30 years and have seen investments and trends come and go and was looking for the one investment that would truly stand the test of time. I wanted something that no matter what the circumstance would protect and even grow my clients assets.

So, I asked myself what are the necessities of life and which ones can I invest in directly without risk and how.

I looked at the following necessities:

•          Food – I don’t have any special knowledge and it would have to be a limited partnership containing farms

•          Air – no way to invest in it

•          Water – too much competition in the bottled water industry and very costly to get established with very narrow margins

•          Shelter – everyone needs a place to live in good times and bad. If you go in looking to shoot the lights out with renovating or repurposing to flip for profit it would be very risky for many reasons too numerous to mention here. If you invest in commercial property then you increase your risk exponentially in economically unstable times. However, if you invest purely for income in multi-unit residential property for middle to lower middle working class then you will weather all economic storms, hedge against inflation, protect against taxation and receive a continuous stream of income.

This is the single most important asset everyone should have in their portfolio in good times and bad.

The reason so many investors portfolios are under water is that they reach for capital gains and not cash flow. If I could show you how to receive annual inflation hedged and tax efficient income of $800, $1,000 or more per month for life would you be interested?

I am offering a Global Real Estate Limited Partnership or R.E.L.P. with the unique philosophy of actually putting the client first.

We offer generous referral fees and would welcome the opportunity to help your friends create, grow and protect their wealth.

Housing Outlook

Home construction fell 0.6% in October from September, dragged lower by a drop in single family homes.

The decline in home construction in October may prove temporary. Permits issued to build apartments increased in October at their fastest pace in more than five years. But permits for single family home construction rose only slightly and were at the same pace as in May.

Canadian Unretirement Index

For the first time in five years of tracking retirement trends, the Sun Life Financial annual Canadian Unretirement Index  finds that the number of participants who expect to be retired at 66 has declined by almost 50% to 27% which is almost equal to Canadians who expect to be working full time at 66 (26%). Almost another third (32%) expect to be working part time at 66 adding up to almost 60% of Canadians who expect to work past the traditional retirement age while about 15% are not certain.

Canadians anticipate requiring an average income of $46,000 per year for their retirement and  are aiming to have $385,687 in retirement savings (excluding their home and other property). Government benefits plus approximately $300,000 invested in a Private Real Estate Investment Trust (PREIT) and/or Real Estate Limited Partnership (RELP) providing a conservative average income of 7% would provide an annual income of more than $46,000.

Can you hear it? The drumbeat of war continues.

Now is the time that a small provocation could lead to a full-blown war.

In 2003, the once “foreign terrorist organization,” Mujahedin-e Khalq (MEK), was used by Bush to justify an attack on Iraq. Saddam was accused of sponsoring “international terrorism,” and it was considered a felony to provide “material support” to the MEK.

Glenn Greenwald reports from The Guardian on “five lessons from the delisting of MEK as a terrorist group:

1.) “There is a separate justice system in the U.S. for Muslim-Americans”
2.) “The U.S. government is not opposed to terrorism; it favors it.”
3.) “‘Terrorism’ remains the most meaningless, and thus the most manipulated, term in political discourse.”
4.) “Legalized influence-peddling within both parties is what drives D.C.”
5.) “There is aggression between the U.S. and Iran, but it’s generally not from Iran.”