PV, Mit & Jeff
Your distribution lands on the 15th. Every month. No exceptions. But between the 15th of last month and the 15th of this month, a lot happened across our 18 properties that you never saw. Maintenance calls answered. Units turned over. Tenants screened. Rents collected. Inspections completed. Financial reporting reconciled.
We do not manage from a spreadsheet. We manage from the parking lot. That is the difference between a fund that reports returns and a fund that creates them.
Most investors focus on the return. That is natural. But returns come from operations. Today we are pulling back the curtain. Here is what it actually takes to run this portfolio
In any given month, our team is managing active operations across every property in the portfolio. That means coordinating maintenance and repairs, screening prospective tenants, conducting move in and move out inspections, processing rent payments, handling tenant communications, and reconciling the financials for investor reporting.
When a unit turns over, we do not list it and hope for the best. We inspect it, scope the renovation, complete the work, photograph it, market it, screen applicants, and place a qualified tenant. In most cases the unit is re leased within days. That is why our vacancy sits below 1%.
Every dollar of rent collected, every repair invoiced, every lease signed flows into a reporting system built by two CPAs. That is not an accident. It is the architecture of the fund. Your distribution on the 15th is the output. The operation behind it is what makes it reliable.
25 Storey Purpose Built Rental · Southwestern Ontario
$100K Minimum · Accredited / Existing FC Investors
Targeted Return: 20% to 24% Annualized
Most private REITs outsource property management to third party firms. We never have. From day one, we have managed every building, every unit, and every tenant relationship ourselves. There are two reasons for that.
Control. When something breaks at 10pm on a Saturday, we know about it within minutes. We do not wait for a third party to file a ticket and schedule a contractor next week. We fix it. That responsiveness protects the property and keeps tenants in place.
Knowledge. We know every unit in our portfolio. We know which buildings need capital work in the next 12 months. We know which tenants have been with us for five years and which units are due for renovation. That level of knowledge does not exist when you hand the keys to someone else.
Cash Flowing Apartment Buildings · Southwestern Ontario
$10K Minimum · RRSP / TFSA / RESP / LIRA Eligible
Distributions: 7% Annualized, Paid Monthly
"My advisor had me in a mix of bonds and dividend stocks and I was getting maybe 3.5% after fees. I kept asking him for something that paid monthly and actually kept up with inflation. He did not have an answer. A colleague at work mentioned Foundation Capital and I looked into it. The diligence took me about three weeks. The fund structure, the audited financials, the actual buildings. Once I saw how it was set up, I moved a portion of my RRSP over. The distributions have hit my account on the 15th every single month since. That consistency is what I was looking for."
The BoC rate decision lands one week from today. April 30 is both the rate announcement and our FCPRET closing window. Tomorrow we take you inside the portfolio and show you what a month of operations looks like across our Southwestern Ontario buildings.
Returns do not come from slides or pitch decks. They come from operations. From showing up at the building. From knowing every unit, every tenant, every system. That is what we do across 18 properties and 350+ units, every single month. It is not glamorous. But it is what makes the 15th reliable.
To your success,
PV, Mit & Jeff
P.S. This is what happens when CPAs manage real estate. Disciplined operations, institutional reporting, and your distribution on the 15th. Every month. The FCPRET April 30 closing is 8 days away. If you have been sitting on a decision, reply to this email and say "interested" and we will set everything up for you.
By the Numbers
