What Our Investors Can Expect
At B-Smart Investment Management Corp. (General Partner and Manager of B-Smart Home Loans LP), we believe our limited partners deserve management that is:
Our duty is to administer the partnership’s mandate as articulated in it’s Offering Memorandum and Limited Partnership Agreement while sourcing, assessing and acting effectively on opportunities presented to produce consistent rates of return in the ever-changing real estate lending market.
To aid diversification we invest in various loan types as far as regions, security position and loan style. Our loan to value maximum (LTV) is 75% in major urban centres and scaled back appropriately in smaller centres and rural areas. The majority of our investments are in existing residential properties however we will occasionally lend on commercial property, stand alone building lots as well as new construction.
Profits, as determined by Audited Financial Statements, are distributed annually, and limited partners may choose to reinvest their profits with us or have them paid out. Our minimum investment is $50,000, and we require that our limited partners be BC residents. We operate under the regulatory authority of B.C. Financial Services Authority (BCSFA) and The BC Securities Commission (BCSC), and provide our limited partners fully audited financial statements annually, ensuring both oversight and transparency. Additionally, we distribute quarterly unaudited financial statements, prepared by our in-house CPA to keep limited partners apprised of ongoing performance.
B-Smart Investment Management Corp. is a registered Exempt Market Dealer with the B.C. Securities Commission.