Topic: RentalStarter - A Midwest Real Estate Investment Company - page 2. (Read 120488 times)
slack
It is a shame how poorly this was run. A time when the housing market has doubled and this real estate "company" has underperformed. Shameful to say the least.
Still no news? Oh well, every cloud has a silver lining: RENT price can't fall any lower when you can't trade 
Order Book for RENT
Trading on the open market is not currently available for this asset
@shmoula, see previous post & please keep me updated.
Trading on the open market is not currently available for this asset
@shmoula, see previous post & please keep me updated.
@shmoula, you telling me Branny ain't behind on RENT? Havelock isn't owed any money, is lying about being stiffed?
Plz post relevant info here, I can't go to your secret clubhouse. (Schlichter boys only let youbitches marks investors hang there.)
Plz post relevant info here, I can't go to your secret clubhouse. (Schlichter boys only let you
Stop trolling here and go to slack for more info.
Right. So they said "listen, why don't you just stop paying the people who funded your business for a couple of years, and once we're 100% certain that you're a total deadbeat & your word is worthless, we'll lend you money, so that you could not pay us for a few years, but maybe use the money we lent you to bootstrap another loan. We're doing this because we're fucking stupid and/or insane"?
That's, pretty much, how it played?
They want to be super sure that entering into a contractual relationship means dick to you, and you'll treat your new loan just as you have your old one, i.e. come up with a hilarious excuse to not pay & start selling the leftovers from your brother's equally successful business?
Updates
June 30th, 2016 - RENT will resume trading once the managers of the Fund (that's you, Brandon) pay all outstanding debt currently due to Havelock.
Why Brandon, looks like you've been locked out
How many month are you behind on RENT? <==behind on rent, get it? I made a funny, ha ha!
Did your bank advise you to stiff the "exchange" your "shares" are trading on too?
We've suspended dividends for a while due to working with local lending institutions. They want to see us have a extremely positive 2-3 year cashflow on our tax return in order to get a good series of loans.
Right. So they said "listen, why don't you just stop paying the people who funded your business for a couple of years, and once we're 100% certain that you're a total deadbeat & your word is worthless, we'll lend you money, so that you could not pay us for a few years, but maybe use the money we lent you to bootstrap another loan. We're doing this because we're fucking stupid and/or insane"?
That's, pretty much, how it played?
They want to be super sure that entering into a contractual relationship means dick to you, and you'll treat your new loan just as you have your old one, i.e. come up with a hilarious excuse to not pay & start selling the leftovers from your brother's equally successful business?
Updates
June 30th, 2016 - RENT will resume trading once the managers of the Fund (that's you, Brandon) pay all outstanding debt currently due to Havelock.
Why Brandon, looks like you've been locked out
How many month are you behind on RENT? <==behind on rent, get it? I made a funny, ha ha! Did your bank advise you to stiff the "exchange" your "shares" are trading on too?
I'm not invested in this, quit Havelock a while back, but you may want to look at issuing counterparty assets. Lot cheaper, stuck to a block chain, and you may be able to skirt the "not a security" thing as a token sale.
When it rains it pours.
Hedged my prudent RENT investment with another blue chip asset, Brother Ben's HASH.
Updates
June 30th, 2016 - HASH will resume trading once the managers of the Fund pay all outstanding debt currently due to Havelock.
https://www.havelockinvestments.com/fund.php?symbol=HASH
Thanks,Deadbeat Schlichter Bros 
Hedged my prudent RENT investment with another blue chip asset, Brother Ben's HASH.
Updates
June 30th, 2016 - HASH will resume trading once the managers of the Fund pay all outstanding debt currently due to Havelock.
https://www.havelockinvestments.com/fund.php?symbol=HASH
Thanks,
We've suspended dividends for a while due to working with local lending institutions. They want to see us have a extremely positive 2-3 year cashflow on our tax return in order to get a good series of loans.
Right. So they said "listen, why don't you just stop paying the people who funded your business for a couple of years, and once we're 100% certain that you're a total deadbeat & your word is worthless, we'll lend you money, so that you could not pay us for a few years, but maybe use the money we lent you to bootstrap another loan. We're doing this because we're fucking stupid and/or insane"?
That's, pretty much, how it played?
They want to be super sure that entering into a contractual relationship means dick to you, and you'll treat your new loan just as you have your old one, i.e. come up with a hilarious excuse to not pay & start selling the leftovers from your brother's equally successful business?
Updates
June 30th, 2016 - RENT will resume trading once the managers of the Fund (that's you, Brandon) pay all outstanding debt currently due to Havelock.
Why Brandon, looks like you've been locked out
How many month are you behind on RENT? <==behind on rent, get it? I made a funny, ha ha! Did your bank advise you to stiff the "exchange" your "shares" are trading on too?
At this point you guys know about as much as I do. We had a negative balance on havelock due to not issuing dividends via the platform recently. I got the email this morning with everyone else saying it was suspended.
Prior to the email that was sent to investors, I had not been contacted by havelock concerning the issue.
Head over to the slack. I emailed all investors today reminding them to log in, we will be voting shortly on what investors want to do about havelock.
Prior to the email that was sent to investors, I had not been contacted by havelock concerning the issue.
Head over to the slack. I emailed all investors today reminding them to log in, we will be voting shortly on what investors want to do about havelock.
Tagging the thread to keep up with updates, as a shareholder...
LOL So, tell us why trading RENT on Havelock is halted!
^Lol @ "if you're a stockholder" Do I look like a bitch?
Do I look like a bitch? We've suspended dividends for a while due to working with local lending institutions. They want to see us have a extremely positive 2-3 year cashflow on our tax return in order to get a good series of loans.
Right. So they said "listen, why don't you just stop paying the people who funded your business for a couple of years, and once we're 100% certain that you're a total deadbeat & your word is worthless, we'll lend you money, so that you could not pay us for a few years, but maybe use the money we lent you to bootstrap another loan. We're doing this because we're fucking stupid and/or insane"?
That's, pretty much, how it played?
They want to be super sure that entering into a contractual relationship means dick to you, and you'll treat your new loan just as you have your old one, i.e. come up with a hilarious excuse to not pay & start selling the leftovers from your brother's equally successful business?
If you have a problem with how the company is managed, and you're a stockholder then contact the advisory board on slack.
We've suspended dividends for a while due to working with local lending institutions. They want to see us have a extremely positive 2-3 year cashflow on our tax return in order to get a good series of loans.
Right. So they said "listen, why don't you just stop paying the people who funded your business for a couple of years, and once we're 100% certain that you're a total deadbeat & your word is worthless, we'll lend you money, so that you could not pay us for a few years, but maybe use the money we lent you to bootstrap another loan. We're doing this because we're fucking stupid and/or insane"?
That's, pretty much, how it played?
They want to be super sure that entering into a contractual relationship means dick to you, and you'll treat your new loan just as you have your old one, i.e. come up with a hilarious excuse to not pay & start selling the leftovers from your brother's equally successful business?
What's up with this asset? No divs for years, order book < 1BTC, price in the gutter, the real estate magnate himself selling (used?) USB cables on this forum?
This seemed so promising at the start, I thought real estate was a pretty solid thing in US? Oh well, another dream shattered. Back to my bath salts business I guess
This seemed so promising at the start, I thought real estate was a pretty solid thing in US? Oh well, another dream shattered. Back to my bath salts business I guess
We're still around, if you're a shareholder you can log into the slack and see what's going on.
We're at around $1.25 million in total assets managed between everything now. We've suspended dividends for a while due to working with local lending institutions. They want to see us have a extremely positive 2-3 year cashflow on our tax return in order to get a good series of loans. We have next to nothing as far as outstanding loans on our properties go (in the grand scheme of things).
When we started off, i made the assumptions that banks would fight for loan-free properties, I was very much wrong, their requirements especially in a post-mortgage collapse environment are quite tough. Some local banks are limiting new rental loans to 1 loan per investor per year regardless of credit, income , or LTV rates. So, with the handful of banks I've encountered that offer beyond this, I've been trying to meet their requirements.
There is a Slack for Rent. I sent Brandon an email to get access to it but never heard back from him.
Everyone that has stock should be able to access it via rentalstarter.slack.com, however from what I can tell a great deal of emails end up in a spam folder, although you should be able to log into it using the email address you have on file and just going through password recovery.
There is a Slack for Rent. I sent Brandon an email to get access to it but never heard back from him.
What's up with this asset? No divs for years, order book < 1BTC, price in the gutter, the real estate magnate himself selling (used?) USB cables on this forum?
This seemed so promising at the start, I thought real estate was a pretty solid thing in US? Oh well, another dream shattered. Back to my bath salts business I guess
This seemed so promising at the start, I thought real estate was a pretty solid thing in US? Oh well, another dream shattered. Back to my bath salts business I guess
[...] we've had a decently profitable year, shareholders will be sent a copy of our pre-audit P&L sheet that we're providing to our accountant and the IRS.
Anyone care to post this "pre-audit P&L sheet"? Must've been pretty impressive, the whole bid side's < 1BTC
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