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Re Next Steps - 22164 Umland Cir, Jenner, CA 95450.pdf
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| Property | 22164 Umland Cir, Jenner, CA 95450 |
|---|---|
| Folder | README & Property Snapshot |
| Kind | |
| Updated | 2026-05-30 |
| Dropbox path | 00 - README & Property Snapshot/Re Next Steps - 22164 Umland Cir, Jenner, CA 95450.pdf |
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From: Earl Co earl@earlbnb.com Subject: Re: Next Steps Date: June 3, 2025 at 8:25 AM To: Kraig Clark clark.kraig@gmail.com Ah yes that’s right, so we need to sell as many shares as possible. The fastest way to do that is to sell them at a slight discount. The best way to do that is to increase the yield over 20% by bringing in more revenue. Did you want me to manage the shares of this property on your Lofty account for you? If so, I will just need credentials to log in, and a way to get 2FA code
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From: Earl Co earl@earlbnb.com Subject: Re: Next Steps Date: June 3, 2025 at 8:25 AM To: Kraig Clark clark.kraig@gmail.com Ah yes that’s right, so we need to sell as many shares as possible. The fastest way to do that is to sell them at a slight discount. The best way to do that is to increase the yield over 20% by bringing in more revenue. Did you want me to manage the shares of this property on your Lofty account for you? If so, I will just need credentials to log in, and a way to get 2FA codes from Authenticator when transacting. On Jun 3, 2025, at 12:15 AM, Kraig Clark <clark.kraig@gmail.com> wrote: I'm looking to payoff the loans on the post office (first priority) and then focus on the Umland debt. Alternatively trying to sell enough equity to purchase a new house in Australia. On Tue, Jun 3, 2025 at 1:07 AM Earl Co <earl@earlbnb.com> wrote: It would need to be done from your account one way or another. Can you remind me what you wanted to do with your equity and over what timeline? On Jun 3, 2025, at 12:08 AM, Kraig Clark <clark.kraig@gmail.com> wrote: OK. Is that something you can do on Lofty or do I need to do that? We discussed my goals so I would like to start executing on that... On Mon, Jun 2, 2025 at 10:14 PM Earl Co <earl@earlbnb.com> wrote: All the sell orders on the books are mine at the moment so you don't have to worry about that but feel free to list more of yours as you need cash. Otherwise, you can lend them out to the liquidity pool for additional yield (at the risk of slashed rents if there's more buyers than sellers). Unlike sell orders, lending aka staking does not have to be renewed every 30 days. On Mon, Jun 2, 2025, 8:34 PM Kraig Clark <clark.kraig@gmail.com> wrote: Where do I find the EIN? I'm looking in the lofty website. Also, have you placed a sell order or are you waiting on getting the items in order? On Thu, May 29, 2025 at 11:40 PM Earl Co <earl@earlbnb.com> wrote: Got it. I’ll get going with sending out the docs for signatures and onboarding your property into my systems. Airbnb rents - are they already going to a bank account in the name of Beagle LFTY0454 DAO LLC? I’ll need the EIN and will set up a bank account for the DAO LLC through Baselane, where I do all my bookkeeping as well. I’ll need the credentials for utilities so I can change the autopay to come out of the new bank account. Alternatively, depending on your bank, we could keep everything as is and you can just share delegated account management access through the DAO LLC’s existing bank account (not the one on Lofty’s side). On May 29, 2025, at 8:24 PM, Kraig Clark <clark.kraig@gmail.com> wrote: 746127 Sincerely, Kraig Clark Cell: 916-548-6552 On Fri, May 30, 2025, 11:53 AM Kraig Clark <clark.kraig@gmail.com> wrote: Done on the Airbnb connection. Sincerely, Kraig Clark Cell: 916-548-6552 On Fri, May 30, 2025, 11:41 AM Kraig Clark <clark.kraig@gmail.com> wrote: OK. Can you resend? I thought I did that already. Sincerely, Kraig Clark Cell: 916-548-6552 On Fri, May 30, 2025, 11:40 AM Earl Co <earl@earlbnb.com> wrote: We just need to sign the docs to execute, then I need the login for Airbnb and I can take it from there. I’m also sending you an invitation via email to connect Airbnb to Hospitable. On May 29, 2025, at 6:37 PM, Kraig Clark <clark.kraig@gmail.com> wrote: On May 29, 2025, at 6:37 PM, Kraig Clark <clark.kraig@gmail.com> wrote: Hi Earl, Hope all is well. Looks like the vote went through. What are the next steps in the process? Talk to you soon. Kraig On Fri, May 23, 2025 at 3:22 PM Earl Co <earl@earlbnb.com> wrote: Received. Sending 86 Madison and 85-104 Alawa to you. On May 22, 2025, at 11:21 PM, Kraig Clark <clark.kraig@gmail.com> wrote: Hi Earl, I just sent 888 tokens to you. Let me know once those are received and I'll look for yours. On Thu, May 22, 2025 at 5:27 PM Earl Co <earl@earlbnb.com> wrote: Awesome, go ahead with listing your limit sell orders so there are more shares available to buy. If you go here and connect your Lofty wallet, you can also lend some of your shares and wallet USDC balance (or rent balance withdrawn as USDC to your Lofty wallet) so you can provide exit liquidity for investors and earn a yield. Lofty AI Liquidity Marketplace amm.lofty.ai <favi con.i co> Regardless of that, how familiar are you with Algorand’s official wallet, Pera Wallet? We will need it to execute a P2P trade. We can do it on a call if you need me to walk you through it, including the Asset OptIn process. Alternatively, we can just each go to https://www.lofty.ai/account/wallet/ and click Lofty Wallet then click Send. Select 888 of Umland shares to send to my Lofty wallet: YILY2YPFH2HODAZSMVJ6C2URUTBJSEPB3377SIKHFCFMGQEEFAJ3E5TYDM I can do the same to your Lofty wallet: DT22GG7XHGP3KS7C5KBDAB7HYUSCQNGSC7D32WBX2I24I7W6HBFVWOOQVI In either case, we need to opt-in to the receiving asset (this avoids spam and scam tokens being sent to random Algorand wallets that don’t want it). The way to opt in using Lofty wallet is by placing a limit buy order for at least 1 dollar for the 86 Madison and 85-104 Alawa properties then cancel it afterwards when the transfer is complete as I doubt a $1 trade would ever settle, or a Market Order to settle on the books immediately. I’ve already done that on my end for Umland. Once a buy order is in, the wallet is authorized to receive those shares, so I can send them directly to you from the Wallet page on Lofty and vice versa, then we can let Max know it’s done. Thanks, Earl On May 22, 2025, at 4:00 PM, Kraig Clark <clark.kraig@gmail.com> wrote: I'm OK with that...sounds good. On Thu, May 22, 2025 at 4:53 PM Earl Co <earl@earlbnb.com> wrote: Another thing I can do with you is set up an off-the-books (Peer-to-Peer) trade of up to 157 shares of 86 Madison and 731 shares of 85-104 Alawa Place directly for 888 shares of Umland then let Max know so he can record it. Then it can go out for an official vote and I can vote in favor of the proposal along with you. > On May 22, 2025, at 3:49 PM, Earl Co <earl@earlbnb.com> wrote: > > First thing I would do if I were you is list 888 shares for sale @ $50 and launch a liquidity pool. Want me to log in as you and get that set up for you? Just need credentials and 2FA. > > You can call/text me anytime at 518-588-4428 I stay up until 3AM Mountain Time typically. > >> On May 22, 2025, at 3:47 PM, Kraig Clark <clark.kraig@gmail.com> wrote: >> >> Hi Earl, >> >> What are the next steps in the process? What were you proposing on the trade of equity? >> >> ->> Sincerely, >> >> >> Kraig Clark >> Cell: 916-548-6552 >> >