In today’s market, there are numerous programs to protect the tenants in a rental property but very few options have been available for owners, until now! Today’s episode is a must for all property owners and managers as co-host TJ Hock interviews John Higgins, Co-founder and CEO of Steady Technologies, Inc to review their amazing owner benefit package specifically designed to empower and protect property owners!
Steady Technologies, Inc. is a leading technology platform for property managers and owners of single-family rental units. The Owner Benefit Package™, powered by Steady®, offers property managers a suite of products designed to accelerate rental income, reduce tenant payment risks, eliminate bad debt, and generate ancillary revenue for their business. OBP™, powered by Steady®, provides property managers with solutions that benefit their clients, while also giving them a competitive advantage in their market.
Prior to co-founding Steady Technologies Inc., Mr. Higgins founded Nobadeer Advisors, which provided business development and capital market expertise to technology enabled lending platforms across a variety of consumer and business lending verticals. Previously, Mr. Higgins spent 2.5 years at Prosper Marketplace, Inc., where he helped build the institutional loan program growing it from $0 to over $5bn over his tenure and helped scale monthly origination volumes over 4000% during this time at the firm. Mr. Higgins also previously served as a Director at Topwater Capital (now owned by Leucadia), where he made investments between $5-$100m into hedge fund managers across a variety of strategies via structured managed accounts. Prior to Topwater, Mr. Higgins spent 5 years working for event-driven, distressed, and activist hedge fund managers.
Timestamps:
0:00 - Introduction to Steady Technologies
3:40 - What is the Owner Benefit Package?
9:45 - The rent advance program
14:05 - What is rental protection & the legal defense shield
21:01 - Do you see any changes in property management in the future?
Key Takeaways:
Owner protection is an unmet need within the industry
Property owner survey results list rental and eviction protection as the #1 request
Details of The Owner Benefit Package™
Landlords can insure themselves against tenant non-payment
Rental protection insurance can help landlords have peace of mind
Rental advance program can assist owners with capital improvements and future investments
What the future holds for property managers and real estate investors
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