“Does your underwriting allow you to lease up in six months? … A good model will ramp it up from 66% up to 90% over the course of six months.”
FP
Frank Patilano
Ironclad Underwriting Podcast ·
Rose Steed · The Scaling Wellness Podcast: Scale Your Massage Business · 334 - Growing a Massage Practice Without Losing Its Personal Touch w/ Rose Steed of Simple Massage Studio
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negotiated a six-month lease with the option to go month-to-month after the initial term
6-month
“Does your underwriting allow you to lease up in six months? … A good model will ramp it up from 66% up to 90% over the course of six months.”
“We were doing originally just for that reason… then we could go and present ourselves that way right from the beginning… we could negotiate terms that were very, very fair.”
“This is the first time that I invested a pretty significant amount of money because we were going to bring our ads in house... to be powerfully informed of the options that we have in terms of our ads”
“We run about 200 head on 450 acres of crown land… it's a one year at a time lease option… we've had that for four years”
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