Brian Russo has been a real estate investor in Florida for two decades. During the housing crisis, he bought dozens of distressed homes, which he turned into rentals. He paid cash for all of them. In today’s market, cash is still king among investors because loans on investment properties are extremely expensive. Interest rates can be in the double digits, and qualifying for the loans is onerous. That is about to change.
Read more: http://tinyurl.com/grnyq7f
Two former Canadian Snowbird jets will take up roost in Medicine Hat to test locally built prototype turbine engines, the principles in the enterprise announced on Thursday to the media as Alberta’s Economic Development minister looked on.
Read more: http://tinyurl.com/hzbomwn
The U.S. Gulf coast is positioning itself to soon have a hub of LNG export capability that will rival any country except for Qatar and Australia.
Read more: http://tinyurl.com/jtqzt5l
When it comes to water, sewer, stormwater and roadway improvements, Strathcona County’s offsite development levies may be decreasing.
Read more: http://tinyurl.com/hummvcd
Sales in the food services and drinking places subsector rose 1.0% to $5.4 billion in April. Prices for food purchased from restaurants were up 2.7% year over year in April, following a 2.6% increase the previous month.
Read more: http://tinyurl.com/joxvc2r
While gold surged to its highest since March 2014 on Brexit; Silver is nearing $19, up almost 9% since Brexit, breaking above Jan 2015 highs to its highest since Sept 2014…
Read more: http://tinyurl.com/hydzybm
Average weekly earnings of non-farm payroll employees were $956 in April, little changed from the previous month (-0.3%) and from 12 months earlier (+0.2%).
Read more: http://tinyurl.com/z3ftpwp
There’s a new voice in the ongoing saga surrounding a controversial plan for two dedicated bus lanes and new bus stations in southwest Calgary.
Read more: http://tinyurl.com/hx7nszm
Chinese buyers are now the largest foreign investors in Canadian commercial real estate, having spent $1.3 billion in the first half of this year, according to global real estate firm CBRE Ltd.
Read more: http://tinyurl.com/zhvx2wf
The Co-op Community Spaces Program donated $148,000 to two community projects in Parkland County.
Read more: http://tinyurl.com/hsz9fm6