Making Your RRSP’s… WORK!
What is an Offering Memorandum (OM)?
An OM is a legal document stating the objectives, risks and terms of investment involved with a private placement. Homerun’s OM is Real Estate based.
History: Homerun has offered investments in Real Estate for years. Homerun recognized that many of their investors were wasting money on RRSP investments offering minimal returns. Through research and investigation a new way of investing RRSP’s was discovered; a Real Estate syndicated OM.
What makes our OM different?
- Profit Sharing paid outside your RRSP
- Combination of Bonds and Shares
- Investors are paid first (bonds)
- Tax strategies to maximize your returns
- Short-term
How does our offering memorandum work?
- Investor buys bonds: Investors buy bonds with RRSP’s.
- Investor buys equal amount of shares: Investors buys shares with cash. This gives investor profit sharing paid outside the RRSP.
- Blind Pool Structure. Homerun can complete a variety of projects within the scope of the OM and roll over profits when projects pay out. (Compounding).
- Pay Out
Bonds: Pay 4.5% per year (into RRSP)
Shares: 35% profit sharing (paid outside the RRSP)
Maturity: Sept 26, 2013
Book a free one on one consultation with us now and find out how your RRSP’s can work harder for you.
I have to admit that I was worried about the initial investment that we had made. Now that we are into our second year with Homerun, I am feeling more confident, mostly because I have more knowledge and I can see the potential our investment is providing for us.