#doorgrowshow - Property Management Growth
DGS 97: Innovative Financial Products with John Higgins of Steady Marketplace
- Autor: Vários
- Narrador: Vários
- Editor: Podcast
- Duración: 0:31:46
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Sinopsis
Are you a property manager or owner who wants to recoup financial losses when stuck with a bad tenant who stops paying rent or needs to be evicted? Lower your risk? Trust somebody else to manage your properties? Protect all parties involved? Today, I am talking to John Higgins, co-founder and CEO of Steady Marketplace, a leading technology platform for property owners and managers. Steady’s subsidiaries offer financial products, including rent default insurance. You’ll Learn... [02:00] Background of Big Financial Numbers: Starting with event-driven, distressed, and activist hedge fund managers with billions in assets. [06:37] Steady’s products protect property owners/managers from bad tenant outcomes. [07:40] Rent Default Insurance: Protection against rental income loss due to tenant’s failure to pay. [10:15] Rent Default Insurance is widely available and adopted around the world. About 70% are renters and 30% are owners. [12:38] Collaboration Over Competition: Don’t simply copy-and-paste products and po