When you decide to invest in real estate, finding the right market and the right operator is only part of the process. You also have to choose the right investment structure. At Fresh Coast Investments, we have built a $47 million portfolio in Grande Prairie, Alberta, by offering our investors clear, transparent ways to participate. For accredited investors and qualified partners, we primarily utilize two structures: the Promissory Note and the Joint Venture (JV). Both provide access to our proven furnished rental model, but they serve very different financial goals.

Understanding the distinction between these two structures is critical to aligning your capital with your long-term objectives. Here is a breakdown of how each model works, what it delivers, and how to determine which path is right for you.

The Promissory Note: Fixed Returns and Defined Timelines

A promissory note is essentially a private lending arrangement. In this structure, you act as the bank. You provide capital to Fresh Coast Investments, and in return, we issue a legally binding note that outlines a fixed interest rate and a specific repayment schedule.

How It Works

When you invest via a promissory note, your capital is secured against real Alberta property within our portfolio. You are not on the title as an owner, but your investment is backed by the physical asset. We agree on a fixed rate of return—paid out either monthly or quarterly—and a set term length, typically ranging from one to five years. At the end of the term, your original capital is returned in full.

The Benefits

The primary advantage of a promissory note is predictability. You know exactly how much you will earn and exactly when you will receive it, regardless of market fluctuations or property performance. It is a completely passive investment with zero landlord responsibilities. If you are an investor seeking stable, recurring cash flow to supplement your income or fund your retirement, the promissory note provides a reliable, hands-free solution.

The Joint Venture: Equity Growth and Co-Ownership

A joint venture is a true partnership. In this structure, you are not lending money; you are buying a stake in a specific property alongside Aaron and the Fresh Coast team. You bring the capital required for the down payment and acquisition costs, and we bring the deal, the operational expertise, and the ongoing management.

How It Works

When you enter a JV, you go on the title of the property as a co-owner. While Fresh Coast handles all the heavy lifting—from renovations and furnishing to tenant placement and maintenance—you share in the financial upside. Profits from monthly cash flow are split according to the partnership agreement, and more importantly, you participate in the long-term equity growth as the property appreciates and the mortgage is paid down.

The Benefits

The JV structure is designed for wealth creation. While it does provide cash flow, the real power of a joint venture lies in compounding equity. As the Grande Prairie market grows and the property increases in value, your net worth grows with it. Because you are an owner, you also benefit from the tax advantages associated with real estate depreciation. The exit strategy—whether a refinance to return your initial capital or a full sale—is always discussed and agreed upon before the deal is signed. If your goal is long-term portfolio growth and generational wealth, the JV is the optimal path.

Making the Choice

Choosing between a promissory note and a joint venture comes down to your personal financial timeline and risk tolerance. If you prioritize certainty, fixed income, and a defined exit date, the promissory note is likely the better fit. If you want to participate in the upside of the Alberta real estate market, build equity over a 5-to-10-year horizon, and do not mind the variable nature of property ownership, the joint venture is the way to go.

Both structures offer completely hands-free participation in a professionally managed portfolio. You do not deal with tenants, toilets, or late-night maintenance calls in either scenario. You simply choose how you want your capital to perform.

If you are ready to explore which structure aligns with your goals, we are ready to walk you through the details.



Let’s discuss your investment strategy. Book a call with Aaron today.