Frequently Asked Questions
HOW CAN YOU OFFER SUCH HIGH RETURNS?
We have constructed our organization from the ground up to do the following things better than anyone else: To find, acquire, improve, and manage real estate properties with high profit potential, and to offer those opportunities directly to eligible like-minded investors in Member-Partnership. By combining the skill and experience of our team leaders and staff, we are able to accomplish greater results, faster.
But perhaps the simplest reason is that, unlike most syndicators, we at Millhouse Ventures Ltd roll up our sleeves and start rejuvenating tired properties that have unrealized potential.
AS A UNITHOLDER, WHAT DO I ACTUALLY OWN?
In most forms of syndication, your interest in the properties is an indirect one. The legal structure is designed to protect unit holders from liability. Title to the property is registered at the Land Titles office in the region in which the property is located, and in the name of the investment entity that holds title in trust for the investors.
WHAT IS YOUR CRITERIA FOR CHOOSING PROPERTIES?
To qualify for acquisition, each property must exhibit all of the following characteristics:
- Advance successfully through each stage of our rigorous due diligence, risk, and future income analysis;
- Be a suitable property to fulfill our mission to promote and sustain Intergenerational Wealth for our Member-Partners’ families;
- Have the potential for revenue growth and/or capital appreciation;
- Have the potential to deliver our targeted return on and of investment; and,
- Exhibit strong upside potential through filling current vacancies or adding new leasable space, increasing rental rates, and/or development or redevelopment of the property to produce additional income and value.
WHO MANAGES THE PROPERTIES?
Every property we acquire is under the monitoring and managerial direction of Millhouse Ventures Ltd at all times. After all, our incentive compensation depends on it. On a micro-level, our property management providers manage the day-to-day operations of the properties and make sure our tenants are happy and the properties are kept in top condition.
DO YOU EVER DEMAND CASH-CALLS THAT REQUIRE UNITHOLDERS TO INVEST MORE MONEY?
No. Millhouse Ventures Ltd does not allow cash-calls to be made on investors. If the project requires additional funds at a later stage, we will raise additional capital.
HAVE YOU EVER SUSPENDED DISTRIBUTION OF CASH FLOW TO THE UNITHOLDERS?
No.
WHY DO YOU CALL YOUR INVESTORS, “MEMBER-PARTNERS”?
We invite new friends to become our members, and we and our staff in turn partner with them by investing our capital alongside theirs. Any units owned by Millhouse Ventures Ltd directors or staff have the same rights and restrictions as any of our Member-Partners.
IT SOUNDS TOO GOOD TO BE TRUE.
Although this is technically not a “Frequently Asked Question”, we hear this comment often enough that it makes sense to address it here.
First of all, thank you for the compliment! However, we respectfully disagree. We believe that there is no such thing as being “too good”. “Too good” should be the standard for the marketplace-not the exception.
We at Millhouse Ventures Ltd live by Our Credo and operate our affairs following the principles of positive interdependence. Meaning, what’s good for you, is good for us, and vice versa.
