Topic: RentalStarter - A Midwest Real Estate Investment Company - page 14. (Read 120488 times)

ROFL.  A game of Three-Card Monte is "an investment opportunity."  An opportunity to be avoided,, but so's this.


The white stuff in bird shit?  That's bird shit too.
To rephrase:  The best looking turd is a turd nevertheless.  Do not want.
 

How's that working out for you?  Never mind, I'll do the math:  You are ~20% POORER in fiat.  Not quite what I'd call a win


You obviously need to learn more about investing before you lose any more of your money.  You have picked up tremendous risks, third-party and otherwise, for what is proving to be ~3% yearly yield.  Please calculate in how many years you'll see your principal back.  HINT:  Don't compound


Yep, you own more pipe dreams.  Congrats!


Your fiat investment is doing 20% worse.  Where did you come up with that ridiculous "6 times better"


Another horrible misconception.  Speculating != gambling.  Gambling is gambling, though most of the self-proclaimed speculators and junior real-estate tycoons on this forum are indistinguishable from degenerate gamblers.  That's because they're clueless and/or have a closeted humiliation/degradation fetish.  NOT because speculation is gambling.


"They" is one d00d, Branny.  Stop it with the majestic plurals.

  ~Happy investing!

Branny, Andy. Please don't feed the troll and he will go away.  

If anyone has a problem with this security, open a new thread and cry your heart out there.  
So far,  Branny has kept this thread full of useful information and troll free so new investors don't have to dig through pile of crap to catch up on all available info.
And I would very much like it,  if it stayed that way.  

The is not a playground for children, but investment opportunity. No one is putting a gun to anyone's head,  do your research first,  if you like what you see,  then invest,  if you don't stay a way.  

Matter of fact,  please show me another security on the forum that has kept things as professional,  as transparent,  as updated than RENT.
Even the Irc channel is one of the most active ones.

Everyone has their own reason for investing in RS.  I for one, converted fiat to BTC just to invest in RS to hedge against BTC.  Second, Price of the share is irrelevant to me, because my investment has grown regardless. I now own portion of 8 properties instead of 2 with the same investment. Even if the price of RS goes to .00000001, the fact remains my ownership in these properties can only grow as new properties are acquired.  

To dumbify this little further,  I now own more of what I bought for the same amount. The share price has not effected my ownership in these properties. On the contrary,  thanks to the  outstanding efforts by the issuer, my fiat investment is doing 6 times better.

Now, if you are speculator (gambler) and you were hoping to sell your shares by now for profit in BTC, well too, bad, cause this is a fiat investment and no one has lost yet going long on this.

Just to note, they have also been putting a lot of effort and resource trying to make this security as legit as possible,  more than any other security listed within this forum.  

With that said,  this will be the last comment for the trolls to feast on and next time maybe  make constructive/productive comments or suggestions.

Now who is unprofessional LMFAO This brit is to much, maybe the heat of dubi is getting to him.

Feel free, I've been in since the days of Bitfunder. But to be honest I don't give a fat rat's arse about what you think.

A trade for 500 @ 0.0047BTC vs. one minutes later for 23 @ 0.00368.  Looks like the seller got Havelock'd (i.e. had a bid line pulled out from under them).

The total outstanding # of shares is 152507 / $605,000 = $3.97/share

This also does not include the cash we have onhand or BTC in reserves which is an additional ~$40,000 + 46btc.

So ,  $605,000 + $40,000 + 46btc (28,900) = $4.48/share

Andy, I'm afraid I'll have to call your bluff.  There is no possible way you can both be the heaviest shareholder and having profited--in dollars, doughnuts or bitcoin.  Not enough volume for you to have bought a substantial amount below IPO
Get good at bluffing or give it up.

I have a substantial holding in RS. I'm not prepared to disclose the size of it to you as there is no commercial relationship between us and there is no benefit to me in letting you have the information. It isn't too hard to work out anyway.

RS is a USD based investment, BTC is only the method of moving money in and out of it. Considering what I paid for the shares I've not lost money and am very pleased about the way it is managed.

So please go and troll somewhere else, I suggest you try complaining about the (apparently defunct) mpex website.


Andy

@jjdub7:  The price now is 0.00368000.  People are dumping right into the buys

Looks like someone did, to the tune of about $5k this morning.

County Auditor records checked

At UTC 16:15 this evening (20140713) I checked the two Rental Starter property IDs registered on the Ross County Auditor website and can confirm that they have clear title with the company Branny is using for the rentals. I've saved the screenshots on my local system.

At UTC 04:15 this morning (20140713) I checked the five Rental Starter property IDs registered on the Pickaway County Auditor website and can confirm that they have clear title with the company Branny is using for the rentals. I've saved the screenshots on my local system.

There is one additional RentalStarter property which I have yet to verify. I'll check it once the purchase has made its way into the online database.

If anyone wants a GPG signed copy of this statement or have any questions they are welcome to contact me at [email protected].

regards

andy

Here are the 8 properties and their "Market Value" according to rentalstarter.com

Property Number	Value
1	$115,000
2	$55,000
3	$85,000
4	$80,000
5	$80,000
6	$60,000
7	$80,000
8	$50,000

Total "Market Value": $605,000

According to https://www.havelockinvestments.com/fund.php?symbol=RENT there are 50000 + 78534 = 128534 units in total?

This means that owning one share means you own $605000 / 128534 = $4.71 of property?

In other words, someone could buy every single share of RentalStarter for ฿561.2258 and own all 8 houses? (a $600k value)

^Then why ain't you *BUYING*, bro?  Free monyz!!

^^ It is a steal of a price, RENT's networth is significantly more than their market cap right now. "Way to fail finance 101 bro!" -- Me

I did the same checks as Andy last night on the Pickaway County website and verified the ownership records for all five properties.

If anyone wants to discuss, send me a PM.

I think Branny is doing a great job with RS and I plan to buy some more shares today in anticipation of a dividend this week.

Great job Branny !

No wonder he's so upset--perfectly nice people tend to get unpleasant while losing money.  How much did he lose thus far, if it's not impolite to ask?

@andyfletcher:  It's ok bro, it's only money.  Plz post how much you have "invested" in Branny, A.K.A. Rental Starter; Full Power Asia Investment LTD--I know you're a fan of openness and transparency.
*It will give you a chance to play with GPG, too!  

**<==Sale! 50% off 2nd IPO price!!1!

Andy is one of the largest shareholders in the company.

At this point I will no longer answer any of notalambchops questions. If anyone or anything is pushing down the share price it's him.

If shareholders have concerns or questions I'm always more than happy to answer them. At this point though there's no reason to answer a guy who is never satisfied. I provided parcel ID#s to multiple investors last night and showed them how to find the non-base data on the auditor's website. So, they should be getting on today to provide further certification concerning that.

^Lol no.  Even the dollar value of your shares has sunk by ~20%.  "Way to fail finance 101 bro!"--James Joyce

BTC swung back to $630 and this asset has a USD-denominated balance sheet, so again, its just the dollar value of the shares staying constant.  Finance 101.