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Topic: RentalStarter - A Midwest Real Estate Investment Company - page 5. (Read 120408 times)

newbie
Activity: 31
Merit: 0
I think one of the biggest factors behind the price rise is the Havelock market buy volume is quite small. I understand that one investor was forced to sell and put several thousand shares on the market over over a period.  This depressed prices[1], and now that investor has sold them all the price has moved up to a point where buys and sells are balanced.

The other factors I listed previously also apply.

I'm in for the long term so I don't really care what the current price is other than I could pick up shares really cheap and now they have become more expensive.

Andy


[1] It also allowed me to pick up shares cheap Smiley
newbie
Activity: 6
Merit: 0
I think it is a combination of factors.

1. RentalStarter is based in USD (Real bricks and mortar and rents from tenants). The recent drop in $ per BTC has made it look cheap (Asset value after liabilities is about $700k).

2. Has been trading for over 2 years now

3. Steady returns in $ terms.  Last year returned about $0.12/share. Expected to increase significantly over the next year. Don't forget the capital assets.

4. Regular and good communications from Brandon who runs the business.

If you want more details then contact Brandon, by email or on #rentalstarter on freenode and request an invite to the online web channel.


Andy

Full disclosure: I hold a substantial number of shares in RENT and have been increasing my holding over the last few months.


Hmm well I agree that all of those factors would explain upward pressure on the price, but the price jumped around 65% in two days (Jan 7-9) after seeing no significant movement for several months. The only announcement I saw around then was on the 10th, which was for underwhelming dividends. I may just be naive, but isn't that a little out of the ordinary?
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
Got an e-mail from them in the general listing

We are now moving to a new company communications platform called Slack. Slack allows myself and the company Advisors to communicate in a chat-type environment while adding many cloud-like benefits (Spreadsheets, financial statements, and the like). This will be the new system that we use for meetings and business chat. I have sent a invitation to join the channel to every investor of record via the emails on file with havelock. If you are a shareholder and need to register another email that is not on file with Havelock, please email me ([email protected]) with your havelock registered email, your share count and the new email you want to use, and I'll send that account a invite. Please consider joining the slack, as it will be continually updated with important business information!
newbie
Activity: 31
Merit: 0
I think it is a combination of factors.

1. RentalStarter is based in USD (Real bricks and mortar and rents from tenants). The recent drop in $ per BTC has made it look cheap (Asset value after liabilities is about $700k).

2. Has been trading for over 2 years now

3. Steady returns in $ terms.  Last year returned about $0.12/share. Expected to increase significantly over the next year. Don't forget the capital assets.

4. Regular and good communications from Brandon who runs the business.

If you want more details then contact Brandon, by email or on #rentalstarter on freenode and request an invite to the online web channel.


Andy

Full disclosure: I hold a substantial number of shares in RENT and have been increasing my holding over the last few months.

newbie
Activity: 6
Merit: 0
So... what's with the price spike earlier this month, and steady rise? I haven't been following RENT for a while.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
Have not been keeping up to date with this asset
Looks alive from havelock though

January 9th, 2015 - Rent has now been collected for January and divs have been determined today to be $1,548.86 USD which comes out to 5.22btc to split among the 171,028 shares outstanding.

January's total rent collection was the highest of any month at a total of $8,265 from a total of 13 occupied rental units.

While total revenue is higher we have made the decision to add several depreciation and operating costs into the dividend amount as these have to be paid. Rather than doing it on a per-propery basis these are added in at the end and split between issuer & shareholders.

December 29th, 2014 - We will be hosting another investor conference all via IRC January the 1st 2015 at 4PM EST (21:00 UTC).

We will go over end-of-year financial performance metrics as well as goal setting for the year ahead. Many great things are taking place and we are looking forward to a extraordinarily profitable 2015!

You can access the chat via freenode at webchat.freenode.net then joining the chat #rentalstarter. Our client of choice is irccloud.com which is also a IRC webchat, however it stays online even after logout for 2 hours.

If you have a question that you would like to be addressed during the conference call, but will be unable to attend, please email me at [email protected] and I will make sure it's answered and that you receive a full chat transcript.

December 11th, 2014 - Investor payment has been determined today - $1,806.25 USD is disbursable.

$360btc as per Coinbase @ 15:15UTC = 5.017btc

Total of 0.00002933btc/share.

Thanks for working with RentalStarter!

December 9th, 2014 - We have now finalized the financial performance report for RentalStarter. This will be the final financial statement released for the year of 2014.
For the month of December, or gross revenues amounted to $6,720, of which $3,905.58 acted as net operating income. This represents a net operating margin of 58%.

Overall, we are very pleased with the total company performance in 2014. We are currently under contract on two more properties which will be financed via traditional debt finance (Mortgage). We expect January revenues to increase once again as we have secured tenants for 3 of the remaining 5 vacant units our company has. Our primary hurdle to achieve 100% tenancy has been finalizing rehab on properties.
Recently we have set a goal for 2015 to end the year with 50 units or more. In order to accomplish this we will need to expand our rehab team. We are very happy to announce we have added a state licensed, bonded and certified contractor to our rehab team. There will be no additional cost for employment as costs will come directly out of new rehab funds. This will also add a new layer of protection as all work will be certified by a state licensed contractor.

As part of this, our prospectus will need to be re-vamped as we did not achieve nearly the capital investment that we had intended. Originally we had estimated total investor funds of $700,000-$1,000,000 USD when in actuality the total investment from 2013 & 2014 has been $397,000. As per our board of advisors, we are not intending to do any subsequent rounds of equity financing. It is also our preference that all listed treasury shares be reserved for the sole purpose of allowing current investors the ability to directly fund the company through a discount program, once shares get close to par value.

The financial breakdown & performance for RentalStarter can be found at the following link.

http://urlgone.com/1bb259/

As per the above document, the dividend will be $1,806.25 for the month of December. This will be issued between now and December the 15th.

Thanks for being a part of RentalStarter! If you have any questions the issuer can be contacted via [email protected]
newbie
Activity: 58
Merit: 0
Glad I never bought in.

I was seriously contemplating when it first started.
member
Activity: 112
Merit: 10
As I've stated, I've been compliant with what you've asked and even committed to no longer raising funds on any bitcoin system.

I have little to no influence as to what my brother does with his business.


Another lie, Mr. Schlichter?  Your third (final?) funding round postdates this. Angry
sr. member
Activity: 280
Merit: 250
Bump and shoutout to Benny and Branny, bitcoin's favorite flimflam bros.
full member
Activity: 213
Merit: 102
From: https://www.havelockinvestments.com/fund.php?symbol=RENT

Quote
October 29th, 2014 - We will be doing a live chat session for all investors via IRC on freenode at #RentalStarter. The chat session will be from 3-4PM Eastern Standard Time (GMT-5) Friday, October the 31st.

You can access Freenode via webchat at : http://webchat.freenode.net/

We will be talking about some future plans and forecasting for q1 and q2 2015. Be sure to attend!

Does anyone have a transcript of this conversation? Did the meeting actually occur?
hero member
Activity: 729
Merit: 500
I find something alarming here, maybe branny can clear it up.

Why can I not find any of your properties listed in your name or your business name? When I pulled you background report is says you own 4 properties, something we should know about?

http://www.midohiorentalhomes.com/future-rentals/

Has some other guys sign out in the yard? and you are renting it out?

Edit: I was asked by the person who requested the report to stop until branny answers some questions.

The question that is killing me is who owns the properties? This is kinda a big issue as I myself own a 16 plex apartment building in the D.C area and know a bit about real estate investing. When I buy properties I put them in a trust, NEVER EVER EVER in my own name. 1 Lawsuit and all your properties and investors properties are gone, like lets say you get in a car accident the people sue you and now you lost all those properties to some ambulance chasing lawyer.
Please address this.  This is a major concern.  Be detailed.
He already responded to it here...

https://bitcointalksearch.org/topic/m.7813658
newbie
Activity: 22
Merit: 0
I find something alarming here, maybe branny can clear it up.

Why can I not find any of your properties listed in your name or your business name? When I pulled you background report is says you own 4 properties, something we should know about?

http://www.midohiorentalhomes.com/future-rentals/

Has some other guys sign out in the yard? and you are renting it out?

Edit: I was asked by the person who requested the report to stop until branny answers some questions.

The question that is killing me is who owns the properties? This is kinda a big issue as I myself own a 16 plex apartment building in the D.C area and know a bit about real estate investing. When I buy properties I put them in a trust, NEVER EVER EVER in my own name. 1 Lawsuit and all your properties and investors properties are gone, like lets say you get in a car accident the people sue you and now you lost all those properties to some ambulance chasing lawyer.
Please address this.  This is a major concern.  Be detailed.
full member
Activity: 224
Merit: 100
New site the brother registered the 17th, looks like they have taken up espanol http://cuduwudu.com/
vip
Activity: 1428
Merit: 1145
Haven't checked up on rentalstarter in a while
Wondering how it is going and if its just business as usual here.


Business as usual. Branny doesn't post here anymore due to the comments from NotLambchop and a few others. Check havelock for his updates.

They sure the hell posted like shit prior to their ICO, but once they got it, it's fuck you all and the horse you came in on. Weird, how a couple loving Christians can't control a few buttheads with facts and love. It's bad enough that those who don't believe come here to fuck each other in the ass, we now have the Christian crowd moving in on their territory. Praise Jah!

I revisited these assholes because the only three negs I have on my trust are from other assholes all stemming from HASH and RENT, and all three are no longer around. So fuck their whatever GOD they're using this week to fleece others using its name.
sr. member
Activity: 378
Merit: 254
Yeah, those trolls made it difficult to sell pipedreams to clueless rubes.

Lol, wondering why the price was getting pumped?  


https://www.havelockinvestments.com/fund.php?symbol=RENT

Scamming intensifies Cheesy
...

Price now:  .0043 Cheesy  Totally unexpected.



*Thanks for the bump, VJain!

  ~Happy Investing!
sr. member
Activity: 305
Merit: 250
Haven't checked up on rentalstarter in a while
Wondering how it is going and if its just business as usual here.


Business as usual. Branny doesn't post here anymore due to the comments from NotLambchop and a few others. Check havelock for his updates.
legendary
Activity: 2884
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
Haven't checked up on rentalstarter in a while
Wondering how it is going and if its just business as usual here.
sr. member
Activity: 378
Merit: 254
...
I asked on IRC if I own every share of RENT on Havelock, if I effectively own all 8 houses and he said yes.

D00d, send me your money and I'll tell you you own the Brooklyn bridge.  How old are you?  Do you even understand what "no legal recourse" means?  Do you understand that Brandon, the owner of this website

...might not be totally honest?
Why is it things like this need to be explained?

I warned people that his brother Benny's IPO [ticker:HASH] was nothing but fail and AIDS.
Many didn't listen, some going as far as to ridicule me.

That cost them exactly 95% of their "investment."

  ~Happy Investing!
hero member
Activity: 854
Merit: 500
...
The market cap is now half of what it was, at $320,000 now. A steal considering how many houses that is worth.
...

Those hoses, if they exist, are owned by a Hong Kong shell co.  You obviously love getting surprise buttsecs from OP

*.005 is below each and every "IPO" price.  But let's be a bit more precise: Today's price is actually .0046.

  ~Happy Investing!

I asked on IRC if I own every share of RENT on Havelock, if I effectively own all 8 houses and he said yes.
sr. member
Activity: 378
Merit: 254
...
The market cap is now half of what it was, at $320,000 now. A steal considering how many houses that is worth.
...

Those hoses, if they exist, are owned by a Hong Kong shell co.  You obviously love getting surprise buttsecs from OP

*.005 is below each and every "IPO" price.  But let's be a bit more precise: Today's price is actually .0046.

  ~Happy Investing!
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