Passive Income Streams for Busy Professionals through Real Estate Investing
Who We Are
Jocelyn is an active Real Estate Investor, a retired business value advisor representing large enterprise software companies such as Oracle. He is a licensed Professional Engineer (Ontario, Canada), a Mechanical Engineer and Mechanical Fabricator / Designer by education. He also attended Stanford Graduate School of management to study global supply chain management.
Apart from being active in Real Estate, he’s also an avid global traveler, a downhill skier, and a passionate sailboat racer. He is also seen in the charitable organizations of the Tahoe area as a contributor to local charities such as The Tahoe Fund, which aims to preserve the Lake Tahoe environment.
He is recognized for his analytical rigor and fact-based approach to problem-solving and strategic planning on behalf of customers and Real Estate Partners which he used to prosper in his career in tech, and he now uses in his career in Commercial Real Estate.
Jocelyn began his Real Estate Investment career shortly after arriving in the US from Canada in 2000. He started investing in residential property in 2002, and in Multifamily properties in 2007.
Following his retirement from “tech” In the second half of 2022, Jocelyn was able to participate in 4 multi family property transactions (2 GPs and 2 LPs). Jocelyn is participating in the management of partnerships totaling more than 500 units across different locations in the US (Florida, North Carolina, and Texas). He also owns a portfolio in LA and Reno Nevada that he manages himself.
Humbled by the blue-collar French Canadian environment in Quebec from which he came, Jocelyn aims to share his expertise in Real Estate Investment with anyone eager to work their way into financial freedom. He believes that by engaging in Real Estate investments, everybody can have the life they deserve. Whatever kind of life that may be.
Why Multifamily Investing
Diversification
Multifamily investing allows for diversification in real estate investing. With multiple units in one property, there are various income streams that can help to mitigate risk.
Passive Cash Flow
Multifamily properties can provide steady cash flow through rental income. With multiple units, there is a higher chance of having consistent occupancy rates, which means more income for the investor.
Scalability
Investing in multifamily properties allows for scalability in real estate investing. As you acquire more properties, you can grow your portfolio and increase your income.
Wealth Creation
Multifamily properties can appreciate in value over time, increasing the overall value of the investment. This can result in higher profits if the property is sold in the future.
Tax Advantages
Multifamily investing offers several tax benefits, including deductions for property depreciation, and expenses related to managing the property.
Positive Impact
Make a positive impact on residents and the surrounding communities.
Multifamily FAQs Answered
A preferred return is the claim on profits given to preferred investors in a project. The preferred investors will be the first to receive returns up to a certain percentage, generally between 6% to 8%.
A sophisticated investor is someone who has sufficient income ($100K+), capital, experience, education within the investment class, and net worth ($350K+) to engage in more advanced investment opportunities.
To be an accredited investor, you must EITHER have a net worth of $1M+ (not counting your primary home) OR have an annual income of $200K+ as an individual ($300K+ for joint income) over the last 2 years.
In general, a “good” cash-on-cash (COC) return in multifamily real estate will be in range between 7-12%. However, although COC return may be considered good, multiple factors need to be analyzed alongside it.
In general, if you can purchase a multifamily property at a 4%-6% cap, it can provide with tons of room to upside cashflow potential and better ROI (return on investment).
Bonus depreciation is a tax incentive that allows a business to immediately deduct a large percentage of the purchase price of eligible assets, such as machinery, rather than write them off over the lifecycle of that asset.
An offering memorandum is a legal document that states the objectives, risks, and terms of an investment involved with a private placement. This document includes items such as a company’s financial statements, management biographies, a detailed description of the business operations, and more.
An offering memorandum serves to provide buyers with information on the offering and to protect the sellers from the liability associated with selling unregistered securities.
A Private Placement is a sale of shares or “interest” to pre-selected investors and institutions rather than on the open market. It is an alternative to an initial public offering (IPO) for a company seeking to raise capital for expansion. A private placement allows us to legally offer investment shares in a real estate syndication through SEC exemption 506(b) or 506(c).
A Private Placement Memorandum (PPM) is an investment document or offering description that lays out the details, structure, risk, projected returns, and business strategy of how the sponsor will operate the investment.
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