#doorgrowshow - Property Management Growth

DGS 97: Innovative Financial Products with John Higgins of Steady Marketplace

Informações:

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