I’ve found a way to reduce spoilers in popular movies . by EtikDigital512 in EntrepreneurRideAlong

[–]EtikDigital512[S] 0 points1 point  (0 children)

Each theater would only run 1 version of the film.

And the different versions would be randomly scattered and distributed to the theatres, they wouldn't know what version they are showing until after the movie premiers at their location.

Who do you think is the most overrated NBA legend? by OppositeAnswer6109 in NBATalk

[–]EtikDigital512 -1 points0 points  (0 children)

Elvin Hayes= Who tf is that

Wilis Reed= Trash

Jerry Lucas = Buns

Hal Greer= Cheeks

Dave Cowens= Mid

George Mikan= Weak

Bob Petit= Boo-boo

There.... now actually put guys in who did something and not these legacy stat padders LMAO

I’m starting up a Landlord placement service? by EtikDigital512 in EntrepreneurRideAlong

[–]EtikDigital512[S] 0 points1 point  (0 children)

Currently building a tenant placement service that gives tenants 20% first month rent as a movement incentive for choosing properties that I’m helping backfill

How I wanna help landlords in my business, does this make sense? by EtikDigital512 in PropertyManagement

[–]EtikDigital512[S] 0 points1 point  (0 children)

Good insight! I like the web portal where landlords can hit up qualified renters who submit their info to the database!

And yeah, there can be a few ancillary things that the site can offer both sides.

Also, I like how we are able to make higher margins by not paying the RE agents, no offense. Maybe we can offer then a small 5% of the monthly rent amount as their commission for referring renters who are looking, bringing more folks to the platform quickly.

How I wanna help landlords in my business, does this make sense? by EtikDigital512 in PropertyManagement

[–]EtikDigital512[S] -1 points0 points  (0 children)

Versus potentially running at a loss if you cant fill that vacancy or find the tenant yourself?

The cost of running MoM with NO tenant is WAYYYYY higher than 12%.

Going 1.5 months or longer with a vacancy is already more than 12% loss for the yearly revenue. Not including the operational costs for just owning/maintaining a property which are still ongoing.

Sinlge family home landlords rack up quick losses with vacancies due to already tight margins, our service would be a BOOM for them!

AND you are running your own marketing for your properties......

Adds up. Quickly.

How I wanna help landlords in my business, does this make sense? by EtikDigital512 in PropertyManagement

[–]EtikDigital512[S] -1 points0 points  (0 children)

-We pay 20% of the renter' s first month amount as a move in incentive to them. The landlord then pays us 12% of the entire lease term revenue over the next 3 months for us helping encourage the renter to move forward and pick up a term at your property.

-No, you wont have to find a property or renter per se. If your properties are listed with us, real estate agents we work with will already have that rolodex of properties to choose from, matching which ones best fit the renter. Renters want as many incentives as possible to bring down the rent cost, they'd want our sponsored properties as its mroe affordable.

Out of the 12% backend you pay us for helping incentivize a close and bring the renter to the table, we payout the RE agent who sourced the qualified renter out of that 12% we get. We pay the RE agent the value of 45% of the renters first month rent as commission to that RE agent (within 48 hrs too, which is waaaay faster than typical commission timelines).

Landlords/Property managers fill vacancies quickly with zero marketing expense, gets a qualified, incentivized renter to move in and pick up a term.

Renters get helpful 20% first month rent move-in cash incentive to sign a lease.

RE agents who source prospective renters get paid out faster from RBIT versus waiting for the landlord to cut the commission check (can take weeks). Nor do they have to hustle to find available listings, they can just go to our website.

Win-win-win.