A PROVEN TRACK RECORD OF PERFORMANCE.

The Track Record Player™:
We invite you to browse through our investment performance record with the Track Record Player below. It's a great tool for learning about individual building purchase details, where they're located, and how many of our investments have performed over time. Roll over the "MORE INFO" button to get an in-depth comment/analysis on each building, such as the original leveraged investment amount and lessons learned.

The information is updated at least on a quarterly basis, so if you're an existing investor you can also use it to keep track of your investment with us.

You can also download our Track Record Brochure.

Please Note:
Many investments look good on paper before the venue starts. We have made some mistakes early on, but have learned.
We have lost money on only two buildings in a decade as follows:

We bought a 45 suite apartment building in Detroit, MI because it was “cheap”. We bought for $650,000 ($250,000 and issuance of $400,000 worth of LP4 units) or $14,400 per door. We sold this asset after 1 ½ years for $100,000 to rid ourselves of a management headache, ongoing required major upgrade requirements, rent collection challenges, and negative cash-flow, especially in winter. This loss represented about 6% of LP4’s total investment of over $10M – an unfortunate but very tiny comparable loss.

The second building we will lose money on is a 64 suite building in LP1 that we purchased for $3.3M in late 2006. It is conditionally sold for $3.01M for April 2010 due to a recession induced increase in vacancies in a weak secondary market in BC. Combining mortgage paydown for this asset, the small loss and substantial profits in the other four LP1 assets the overall ROI in LP1 is estimated to be over 80% for 2005 investors and over 50% for 2006 investors with almost $6000 per LP unit distributed after only two of the five LP1 assets have been sold in 2007 and 2008.

The ROI is usually a combination of cash-flow, mortgage paydown and equity upside. Equity upside is achieved though time/inflation, impeccable property management, value improvements, rent increases or re-positioning. In any investment you should look first at a return OF your money, then at a return ON your money! No investor has ever lost money with us. The worst annualized ROI so far has been 42% in 3 years. All others have done better since then.

Current Thinking:
Today, we still find decent properties with excellent upside and value improvement potential in BC, AB, SK, and yes, in Ontario or the US, in places like Texas. Rents are rising in Western Canada and select US growth markets with strong in-migration. Construction costs and building replacement values are much higher than with older buildings, leaving much room for growth with cash-flow for years to come. However, you often need so much cash to close a property sale in Alberta, with little room for CAP rate compression, that value can be created faster, with less risk, in other growth markets such as SK or Texas. We like to point out that we do not aim for 0% vacancy but for maximum revenue. Much like airlines or hotels we strive for yield management or load management, such that the less vacancies in a building, the higher the rent for the same suite.

> Next page in Track Record section: History

*ROI is ROI to INVESTORS, if you had invested in these ventures, before tax, but after all closing costs, commissions, management fees or our share of equity/profits (that differs from venture to venture) – based on actual sales, appraisals or if sold today at fair market value. Past performance is not a guarantee for future success .. but a look at the past might help you decide if you wish to invest with a winning team! Please read our offering memorandum carefully. Eligibility rules apply – depending on province.