FAQ

Who is Pulis Investment Group and what do they do?

Pulis Investment Group specializes in locating, acquiring, rehabilitating and managing multi-family properties in areas that are poised for above average growth. With over 30 years’ business experience, our business sense is our competitive advantage and our investment edge.

At Pulis Investment Group we:

  • Research neighbourhoods within cities that are poised for above average growth.
  • Select buildings within these cities where our desired tenant profile care to live.
  • Negotiate on buildings that have characteristics of an under-valued, under-managed property.
  • Acquire the property and create a rehabilitation strategy to best suit our desired tenant profile.
  • Maximize the efficiencies of the building to increase revenue and decrease expenses.
  • Always manage our properties honouring the old adage: happy, healthy tenants make for happy, wealthy landlords.
How does Pulis Investment Group generate ROI (return on investment)?

ROI is generated from three sources: mortgage pay down, positive cash flow from rental income and forced equity appreciation​

How does Pulis Investment Group achieve forced equity appreciation?

The value of a multi-family property depends heavily on the building’s profitability, unlike a single family home where the value is heavily dependent on the value of comparable properties in the neighbourhood. After acquiring properties that are undervalued and or undermanaged, Pulis investment Group’s proven management team delivers on maximizing the properties’ efficiencies, thereby increasing the profitability of each property, and in turn forcing the value of each property upward.

What kind of returns can I expect?

Pulis investment Group strives to achieve double-digit average annual returns on your investment over the life of the investment. Although the General Partners have achieved these levels of returns in the past for their investors, we are required to state that there is no guarantee they will be able to achieve these results in the future.

Can I use my RRSP or TFSA to invest?

Yes! Along with Cash, RRSPs, TFSAs, RESPs, RRIFs as well as your LIRA are all eligible, either separately or combined.

Am I eligible to invest?

To be eligible to invest, an investor must be either ‘Accredited’, ‘Eligible’, or ‘Exempt’ as defined by the securities commission in the province where that investor lives. As you might expect, the definitions sometimes vary from province to province.

An Exempt Investor is: An individual who, alone or with spouse, makes a minimum investment of $150,000

Or

• An individual who is a founder, control person, or family member of the General Partner (some provinces also allow friends and close business associates – check with our investment consultant for further details)
An Eligible Investor (BC, AB, SK, and MB) is:
• A person whose net assets, alone or with a spouse, exceed $400,000,

Or

• A person whose net income before taxes exceeded $75,000 in each of the 2 most recent calendar years and who reasonably expects to exceed that income level in the current calendar year,

Or

• A person whose net income before taxes, alone or with a spouse, exceeded $125,000 in each of the 2 most recent calendar years and who, alone or with spouse, reasonably expects to exceed that income level in the current calendar year.

An Accredited Investor (ON) is: An individual who, alone or together with a spouse, owns financial assets worth more than $1 million before taxes but net of related liabilities;

Or

• An individual, who alone or together with a spouse, has net assets of at least $5,000,000;

Or

• An individual whose net income before taxes exceeded $200,000 in both of the last two years and who expects to maintain at least the same level of income this year;

Or

• An individual whose net income before taxes, combined with that of a spouse, exceeded $300,000 in both of the last two years and who expects to maintain at least the same level of income this year.

How do I invest with Pulis Investment Group?

To get started please fill out the form on our Home Page and our investment consultant will contact you to go through the subscription process. Alternatively you can call us toll free at 1.855.452.1305 to arrange a personal consultation.

What are the tax implications of an LP Investment?

Limited Partnership agreements provide income and net taxable capital gains or losses for the purposes of the Tax Act, allocated to Limited Partnership Unit holders proportionate to their ownership of Units.

Every investor’s individual situation is different, and they will need to assess the tax implications accordingly. Before making any investment we encourage all potential subscribers to discuss the investment with their legal, financial or personal advisors.

How Long Do I Have To Stay Invested?

Ideal term of five years with redemption privileges starting from first year. Locating, acquiring and rehabilitating under-valued, under-managed properties takes time, and then it takes further time for the properties to mature. It has been our experience that these timelines work best to achieve the level of returns we strive for.

What are my liabilities as an investor?

Limited Partnerships shield investors from liability. Our Limited Partners are only ever liable for the amount of their investment. Mortgages, personal guarantees and other liabilities are signed by the General Partners.

What communication can I expect to receive from Pulis Investment Group after I invest?

Investors with Pulis Investment Group will receive frequent updates on the status of current activities. Such updates will report on acquisitions that are in progress, rehabilitation projects we’re working on and general information about the Real estate market.

Limited Partnership financial reports are issued within 90 days of each year end.

We are proponents of transparency and encourage our investors to contact us with any additional questions or concerns they might have.

How can I expect to see any money?

There are two ways in which returns can be received:
1. Redemption – See “How do I liquidate my investment?” below.
2. Distributions – Distributions are typically issued quarterly (depending on the performance of the Portfolio). Such Distributions can be received in dollars or can be reinvested in additional units, as you see fit.

How do I liquidate my investment?

Contact your financial advisor and provide at least 60 days notice of your intention to redeem.*
* Certain Conditions Apply

How does a Limited Partnership (LP) work?

A Limited Partnership is a legal entity that allows a group of investors (Limited Partners) to pool their investment money and buy multiple properties together. The properties are then managed by the Limited Partnership’s General Partner. A General Partner (a company) manages all the day-to-day activities of the Limited Partnership on behalf of the Limited Partners.

At Pulis Investment Group, we like using Limited Partnerships for these reasons:

Real Estate is a straight-forward asset and one that most people understand. Well-selected and well-managed real estate can deliver healthy profits.
Hassle-Free Investing means investing in real estate without any of the normal landlord responsibilities: rent collection, tenant management, maintenance, repairs, bookkeeping, accounting etc.
Diversification in the sense that each investor ‘owns’ a proportionate share of each property in the entire portfolio and therefore shares in the total profit with no single partner being responsible for a problem… only their small share.
Limited Risk because the Partnership is a Limited Partnership. This ‘limits’ any single investor’s risk to the amount invested. Nothing more, ever.
Tax Advantages can be realized in some cases, depending on an Investor’s individual situation.
Deferred Plan Eligibility (RRSP, TFSA, RESP, RRIF, LIRA) means some Limited Partnerships are eligible investments for Deferred Plans. A ‘Deferred Plan’ is an investment account that allows for taxes to be deferred or paid at a later date. Two common examples of Deferred Plans are Registered Retirement Savings Plans (RRSP) and Tax Free Savings Accounts (TFSA).
Growth or Income Options or a combination of both can be structured in Limited Partnerships. An Income-focused Limited Partnership will pay out periodic payments to its investors looking for regular income. On the other hand, a Growth-focused Limited Partnership makes most or all of its payments to investors at the end of the term. This allows more of the invested capital to work for a longer period of time and is intended to generate higher overall returns.