COMMON SENSE REAL ESTATE INVESTING

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1 COMMON SENSE REAL ESTATE INVESTING Phone: Toll Free: #1 Nelson Street West, Suite 200A Brampton, Ontario L6X 3E4

2 STRATEGIC CANADIAN MULTI-FAMILY REAL ESTATE INVESTMENT Growth & Income Not intended to be solely relied upon to purchase securities. This brochure is for information purposes only and does not constitute an offer to sell, nor a solicitation to buy, any securities. This investment is only available to qualified purchasers under prospectus exemptions, including by delivery of an Offering Memorandum in certain jurisdictions. This investment is not a direct investment in real estate but rather in equity securities (trust units or limited partnership units).

3 The Company Pulis Investments is a multi generational family owned private firm committed to generating strong returns through prudent real estate investing. FOUNDED IN BRAMPTON, ONTARIO, BY BRIAN & KYLE PULIS. Pulis Investments delivers value with strategic acquisition and renewal of undervalued apartment buildings and townhome complexes. The company is well positioned in the Exempt Market* focusing on three key Ontario markets Hamilton, Barrie and Kitchener/Waterloo, where they execute an innovative business model. Pulis Investments acquires underserved multi-family properties in these markets and immediately conducts renovations to help drive up rents and property values. The refurbished units are attractive to ambitious young adults, most of whom are new to the area and insist on a comfortable, contemporary lifestyle. The company manages its properties directly to ensure that there is no wavering from the tightly focused business plan. This approach overcomes challenges connected with the common practice of outsourcing key support services. Qualified investors can participate alongside Pulis Investments with an investment as low as $5,000. * Exempt market securities, under National Instrument , are securities issued in Canada that are exempt from prospectus requirements and therefore require different levels of disclosure from a prospectus offering.

4 The Directors BRIAN PULIS, CO-FOUNDER & CEO Brian ran several successful retail and service companies before turning his attention in 2002 to building a solid-performing portfolio of multi-family residential properties in strategic Ontario markets. Delivering great value to tenants with a disciplined focus, Brian has seen his portfolio grow consistently. He became a real estate investment coach and speaker who has received many awards, including the Michael Millenaar Memorial Leadership Award from REIN (Real Estate Investment Network). Seeing an opportunity to bring the success of his investment model to others, Brian founded Pulis Investments with his son Kyle. KYLE PULIS, CO-FOUNDER & PRESIDENT Kyle has well over a decade of senior operations and real estate investment experience. His analytical and disciplined approach to multi-family real estate acquisition is vital in identifying and securing underserved and underperforming properties on behalf of the fund. A highly regarded speaker and contributor with many accolades to his name, including REIN s Leslie Cluff Memorial Award and Multi-Family Investor of the Year Award, Kyle serves on the REIN advisory board as well as the executive board of the Brampton Downtown Development Corporation. He holds an honours business degree from Wilfred Laurier University and has served with the Canadian Armed Forces. GARY PETERS, DIRECTOR OF OPERATIONS & PROPERTY MANAGEMENT Over the last two decades, Gary has owned and operated companies in the retail and service sectors. He also built and managed a real estate portfolio. His expertise is in day-to-day operations: risk assessment and due diligence including regulatory issues, zoning by-laws and other legalities; operational planning and execution; and financial management. Gary is recognized for sharing his expertise with SMEs, volunteering to mentor small business owners and coaching young entrepreneurs.

5 The PULIS Strategy 1. Tenant profile definition 2. Identification of strategic cities 3. Property acquisition & value protection 4. Property rehabilitation 5. Tenant-focused management & operational efficiency 6. Investment analysis & assessment 7. Manage portfolio to strategically increase investor returns

6 Hamilton Recent initiatives and future plans clearly indicate that Hamilton is looking to shed its Steeltown image for good, rebranding itself as a place for a younger, more educated workforce to call home. Hamilton is the ninth-largest regional economy in Canada 1. Not only does it offer a significant job market in administrative and industrial positions, it is home to a rapidly growing medical research sector that is looking to take the city by storm. McMaster University, the city s largest employer 2, has built a world-class research facility attracting a young, diverse workforce. This project attracts companies in related fields looking to utilize these facilities and capitalize on the cuttingedge research. Hamilton is also attracting young adults (the key target demographic for Pulis Investments) at a significant rate. According to a 2016 study by the Social Planning and Research Council of Hamilton, there are now more millennials than baby boomers living in Hamilton, with millennials making up 27.58% of the city s population which is above the provincial average of 26.84% 3. This shift has been occurring for a number of years, with the city s millennial population people aged 20 to 34 increasing 9.9% between 2011 and 2015, according to Statistics Canada. In comparison, Toronto has only seen an increase of 5.85% Shifts-Rise-of-the-Millennial-generation.pdf 4 a26?id=510062&retrlang=eng&lang=eng

7 Kitchener, Waterloo, Barrie Economic and lifestyle trends in Kitchener-Waterloo and Barrie present a compelling scenario for astute real estate investing.. Expanding infrastructure, exceptional health care, excellent education facilities and numerous government incentive programs have helped make Kitchener-Waterloo and Barrie prime areas for real estate investment. Transportation infrastructure upgrades are making the regions increasingly attractive to young families looking to live in a suburban setting with easy access to Toronto. Barrie is home to a young and growing population in Canada and is an ideal area for young couples looking to raise a family, while Kitchener- Waterloo s robust technology sector continues to attract emerging talent. The increasing number of young people looking for affordable housing has translated to strong rental and resale markets in these regions.

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9 Investment Highlights The Pulis business model is simple and effective: purchase under-managed and undervalued rental real estate (apartment and townhome properties) in prime markets, implement strategic renovations to increase revenue, use rental revenue to cover costs and acquire more properties, and operate the buildings while earning profit through property appreciation, mortgage paydown and positive cash flow. The company s in-house, hands-on approach ensures that projects are completed in a timely manner and with a steadfast commitment to meeting or exceeding expectations of prospective tenants The company is well positioned in the Exempt Market, through which investors realize the advantages of multifamily real estate investing while avoiding the volatility of public markets. HIGHLIGHTS: Long-term growth with preferred income potential Minimum investment $5,000 for accredited or eligible investors Eligible for RRSP, RESP, RRIF, LIRA, TFSA & cash account 93% profit share (after applicable fees) Target returns: 10%+ annualized Available to qualified Canadian investors Targeted returns are not guaranteed and are subject to performance assumptions and risk factors, including real estate and financing risks that are summarized in the Offering Memorandum, which may cause actual results to vary materially. Any forward-looking statements herein are subject to the assumptions and risk factors stated in the Offering Memorandum. In the Canadian provinces and territories (other than British Columbia, Alberta and Quebec) this brochure may be deemed to be an offering memorandum. If an offering memorandum contains a misrepresentation (which includes a misstatement of a material fact), you may have statutory rights to sue for damages or rescission of your investment depending on the law of your province or territory. These rights can be lost if your do not commence your claim within certain limitation periods. For more information regarding your rights, refer to the Offering Memorandum available from Pulis Investments and securities legislation and consult with a lawyer.

10 Traditional REIT Investor ACQUISITION RENOVATION STABILIZATION NATURAL APPRECIATION INCOME VALUE the PULIS Investor The Pulis Advantage Investors in Traditional Real Estate Investment Trusts (REITS) generally only have the opportunity to participate in properties that are already producing stabilized income. They receive monthly or quarterly income distributions from the rent that is generated and realize modest growth over time as the value of the properties naturally appreciate. Pulis Investors have the opportunity to invest much earlier in the process. Participating from acquisition through rehabilitation, Pulis investors have the potential to experience the full appreciation of the real estate assets as they are transformed from underperforming to highly desirable rental properties. As the portfolio appreciates in value through the renovation process, equity growth is reflected through unit value increases as buildings are re-appraised and re-financed over time. Pulis investors can also expect quarterly income distributions once the portfolio becomes cash-flow positive. Not intended to be tax advice. Read the Offering Memorandum before investing and consult with your own professional tax advisers.

11 PULIS REAL ESTATE Cash LP investors will receive T5013 tax slips that can be used as tax deductions on their tax returns. Qualifying tax flow-through items for LP cash investors may include: offers investors a tax-efficient strategy. Deduction of 20% per year over 5 years straight line Limited partnership offers cash investors excellent tax advantages Mutual fund trust and limited partnership launch costs Securities legal fees Accounting Audit fees Consultants Deduction of 4% per year (added to depreciable cost of building) Limited partnership offers 93% profit share (after applicable fees) Limited partnership offers opportunities for intergenerational wealth transfer and income splitting Property acquisitions Due diligence Real estate legal fees Consultants Environmental studies Inspections Land transfer taxes Flow-through losses anticipated for the first 3-4 years from inception 100% deduction (day to day trust & LP operations) Property acquisitions Due diligence Real estate legal fees Consultants Environmental studies Inspections Land transfer taxes

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