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saraemailrecordfortheloan_Redacted - 1432 Sara Ave, Akron, Ohio 44305.pdf
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| Property | 1432 Sara Ave, Akron, Ohio 44305 |
|---|---|
| Folder | Loan Documents |
| Kind | |
| Updated | 2026-05-30 |
| Dropbox path | 04 - Loan Documents/saraemailrecordfortheloan_Redacted - 1432 Sara Ave, Akron, Ohio 44305.pdf |
What This File Appears To Be
4/18/25, 8:51 PM Gmail - 1432 sara Calixte Duffaut <yhome937@gmail.com> 1432 sara 23 messages Calixte Duffaut <yhome937@gmail.com> Sun, Dec 15, 2024 at 11:16 AM To: Property Management <pm@lofty.ai>, Kathie Nguyen <kathie@lofty.ai>, Calixte Duffaut <yhome937@gmail.com> Subject: Profit First System Update for 1432 Sara Ave Dear Investors, I am pleased to update you on the Profit First system implementation for 1432 Sara Ave. This property was already rented upon acquisition, and the transition pe
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4/18/25, 8:51 PM Gmail - 1432 sara Calixte Duffaut <yhome937@gmail.com> 1432 sara 23 messages Calixte Duffaut <yhome937@gmail.com> Sun, Dec 15, 2024 at 11:16 AM To: Property Management <pm@lofty.ai>, Kathie Nguyen <kathie@lofty.ai>, Calixte Duffaut <yhome937@gmail.com> Subject: Profit First System Update for 1432 Sara Ave Dear Investors, I am pleased to update you on the Profit First system implementation for 1432 Sara Ave. This property was already rented upon acquisition, and the transition period was successfully completed when the tenant made their first payment under the system(10/14/2024). During this time, we conducted an initial visit, and I can confirm that the property is currently stable. We will monitor tenant payment stability over the next 90 days, the profit first system will be implemented starting 1/14/2025. We will now proceed with the Profit First system for this property as follows: 1. $850 will be distributed to all investors (to be paid out over 12 months). 2. A Yhome loan will be established to cover current property costs, including upcoming taxes and insurance. This property will adhere to the same 70/30 structure under the Profit First system, with an update provided in the next quarter. Thank you for your continued support. Best regards, Cal 6 attachments Amortization Calculatorsara.pdf 352K AppFolio Owner Portal _ Transactions.pdf 400K Insurance (06-01-2023 - 01-24-2024) - 1432 Sara Ave, Akron, OH 44305.pdf 454K Property Tax & Appraisal.pdf 225K CALCUL~1.PDF 222K Property Tax & Appraisal2023.pdf 300K Calixte Duffaut <yhome937@gmail.com> To: Kathie Nguyen <kathie@lofty.ai> Tue, Jan 7, 2025 at 4:55 PM [Quoted text hidden] 6 attachments Amortization Calculatorsara.pdf 352K AppFolio Owner Portal _ Transactions.pdf 400K https://mail.google.com/mail/u/0/?ik=eec7584376&view=pt&search=all&permthid=thread-a:r-3897680636915746754&simpl=msg-a:r21362717460385… 1/8 4/18/25, 8:51 PM Gmail - 1432 sara Insurance (06-01-2023 - 01-24-2024) - 1432 Sara Ave, Akron, OH 44305.pdf 454K Property Tax & Appraisal.pdf 225K CALCUL~1.PDF 222K Property Tax & Appraisal2023.pdf 300K Kathie Nguyen <pm@lofty.ai> Reply-To: pm@lofty.ai To: Calixte Duffaut <yhome937@gmail.com>, Kathie Nguyen <kathie@lofty.ai> Tue, Jan 14, 2025 at 12:15 AM Hi Cal, There's 2 loan docs here. Which is the correct one? Can you also send me supporting docs for the loan? And will the loan payoff the Capital Call balance of $8,989.81? Kind regards, Kathie Nguyen Head of Asset Management (848) 291-3326 Lofty Get $25 to invest today. [Quoted text hidden] Calixte Duffaut <yhome937@gmail.com> To: pm@lofty.ai Tue, Jan 14, 2025 at 8:07 AM [Quoted text hidden] yhomeloanlettersara.pdf 33K Kathie Nguyen <pm@lofty.ai> Reply-To: pm@lofty.ai To: Calixte Duffaut <yhome937@gmail.com> Sat, Jan 18, 2025 at 5:04 PM Hi Cal, Can you explain the 70/30 structure you mentioned in this update? Owners need to decide what % of the cash flow they receive like with 189th. Kind regards, Kathie Nguyen Head of Asset Management (848) 291-3326 Lofty Get $25 to invest today. [Quoted text hidden] [Quoted text hidden] https://mail.google.com/mail/u/0/?ik=eec7584376&view=pt&search=all&permthid=thread-a:r-3897680636915746754&simpl=msg-a:r21362717460385… 2/8