Real Estate Agent · Encino, CA · Member since 2018 · 22 posts · 4 votes
Imagine a way to minimize your tenant's rent without losing money. This option for renting could be game changing, and its possible! What do you think?
So you all think its a stupid idea and would never invest?
No. It's a great concept... the issue is can you execute?
There is this guy, Elan Musk, who to most people had this preposterous idea a decade+ ago of reclaiming and reusing rocket boosters. People literally thought he was insane. The first time I heard of him and his 'concept'... I thought ESTES rockets. As a kid in the 60s and early 70s, I launched rockets and the boosters had parachutes for recovery. I also had degrees in Mathematics, Computer Science and Physics (minor) and thought that if he could execute, he would own the industry.
So do what Elon did. Take your Billion $ idea and Execute. Then, like Elon, you will have a multi-Billion $ winner!
So you all think its a stupid idea and would never invest?
No. It's a great concept... the issue is can you execute?
There is this guy, Elan Musk, who to most people had this preposterous idea a decade+ ago of reclaiming and reusing rocket boosters. People literally thought he was insane. The first time I heard of him and his 'concept'... I thought ESTES rockets. As a kid in the 60s and early 70s, I launched rockets and the boosters had parachutes for recovery. I also had degrees in Mathematics, Computer Science and Physics (minor) and thought that if he could execute, he would own the industry.
So do what Elon did. Take your Billion $ idea and Execute. Then, like Elon, you will have a multi-Billion $ winner!
But, he hasn't posted his concept. I think that's the crux of the issue here.
So you all think its a stupid idea and would never invest?
No. It's a great concept... the issue is can you execute?
There is this guy, Elan Musk, who to most people had this preposterous idea a decade+ ago of reclaiming and reusing rocket boosters. People literally thought he was insane. The first time I heard of him and his 'concept'... I thought ESTES rockets. As a kid in the 60s and early 70s, I launched rockets and the boosters had parachutes for recovery. I also had degrees in Mathematics, Computer Science and Physics (minor) and thought that if he could execute, he would own the industry.
So do what Elon did. Take your Billion $ idea and Execute. Then, like Elon, you will have a multi-Billion $ winner!
But, he hasn't posted his concept. I think that's the crux of the issue here.
: Concept: something in the mind ; an abstract idea; a general notion.
He's posted the concept, but nothing else. I see why his prior post was removed.
Bremerton, WA · Member since 2018 · 24 posts · 6 votes
8y
You could reward good tenants to long term 9-2 year leases and decrease their overall monthly rent by signing longer contracts. The overall ROI increases because they will end up prevent you from evictions, missing rent for a month or two, etc.
You could also add in cleaning and other services that are separate from rent but makes life easier or the tenants and depending on your type of tenants most would be willing to pay for similar types of services.
Rock Star Extraordinaire · Northeast, TN · Member since 2015 · 10k+ posts · 16k+ votes
8y
This reminds me of "It depends on what the definition of 'is' is". Quite a circular conversation. But, hey, I'll add to it just so it can stay on the trending page for entertainment purposes ;)
Investor · Chattanooga, TN · Member since 2016 · 676 posts · 543 votes
8y
Hey I have a 5 billion dollar idea. What if I had a plan to double all your rents and still have the same occupancy while at the same time saving 10% on costs? Is that something you would be interested in? #askingforafriend
Investor · Boston, MA · Member since 2015 · 1k+ posts · 3k+ votes
8y
Just to update everyone, since I know you have waited with bated breath for news, I have not received a NDA/NCC or even a PM. To think of the hours I wasted refreshing by inbox were for naught...
I can't speak for @Jordan Moorhead, but this is the worst thing to happen to me or my family since the Patriots lost in the Super Bowl.
Getting over this disappointment will take time, but I will persevere.