Property Update (05/17/2025):

• Owners are currently receiving daily rent calculated from April's cash flow, continuing through June 12th.
• For April, the net cash flow totaled $7,745.06, compared to March's figure of $12,954.28.
• Year-to-Date Profit & Loss Statement

Property Update (04/19/2025):

• Owners are currently receiving daily rent calculated from March's cash flow, continuing through May 14th.
• For March, the net cash flow totaled $12,954.28, compared to February's figure of $12,491.50.
• Year-to-Date Profit & Loss Statement
• The co-owner and property manager, Dan, is available in this property's Discord channel to answer questions from owners.

Property Update (04/05/2025):

• The property manager, Travli Hospitality, informed the co-owner, Dan, of the need to replace the cornhole boards at the property.
• They recommended considering an all-weather option to prevent frequent replacements due to sun damage.
• Based on their recommendation, the suggested replacement option is linked here, with a total cost of $145.86.

Property Update (03/24/2025):

• Owners are currently receiving daily rent calculated from February's cash flow, continuing through April 13th.
• For February, the net cash flow totaled $12,491.50, compared to January's figure of $555.38.
• Additionally, Travli (property manager) informed the Co-Owner, Dan, of a rodent issue, primarily in the backyard. Pest control services were deemed necessary, and an initial visit has been scheduled. This service will include ongoing rodent monitoring during each visit, addressing all treated areas.
• The initial inspection will cost $75, and the service rate will increase from the current $89 to $129 to include rodent maintenance.
• Year-to-Date Profit & Loss Statement
• Dan is currently offering bulk discounts to sell an additional $250,000 worth of tokens.
• Bulk discounts:
• Orders of $10,000 or more - $48/token (4% discount)
• Orders of $20,000 or more - $47/token (6% discount)
• Orders of $50,000 or more - $46/token (8% discount)
• Orders of $100,000 or more - $45/token (10% discount)
• To take advantage of this offer, simply place a buy order at the discounted prices and quantities above, and Dan will match your order.
• Dan is available in this property's Discord channel to answer any questions from investors.
• Dan can also be reached via email for custom offers at dan@teamgolden.com.

Property Update (02/19/2025):

• Owners are currently receiving daily rent calculated from January's cash flow, continuing through March 16th.
• For January, the net cash flow totaled $555.38, reflecting a 95.52% decrease compared to December's figure of $12,384.80.
• Year-to-Date Profit & Loss Statement
• Dan is available in this property's Discord channel to answer questions from investors.

Property Update (01/18/2025):

• Owners are currently receiving daily rent based on December's cash flow until February 13th.
• For December, the net cash flow totaled $12,384.80, reflecting a 13.21% increase compared to November's figure of $10,939.23.
• Airbnb covered the loss income for all the cancelled December reservations as a result of the incident.
• The Co-Owner, Dan, shared the following update:
• "House is back up and running as of last week. I have fronted all the costs for repairs etc ($175kish). I am waiting for reimbursement!"
• "There are new pictures being taken with the updates and new furniture, etc."
• "New Airbnb listing after refresh."
• Year-to-Date Profit & Loss Statement
• Dan is available in this property's Discord channel to answer questions from investors.

Property Update (12/22/2024):

• Owners are currently receiving daily rent, based on November's cash flow, through January 13th.
• For November, the net cash flow totaled $10,939.23, reflecting a 55% increase compared to October's figure of $2,222.33.
• Airbnb covered the loss income for all the cancelled November reservations as a result of the incident.
• The Co-Owner, Dan, shared the following update:
• "Home is in midst of repair! Also I was able to recover some of the Nov and Dec revenue that was lost through Airbnb ins. We should be up and running Jan 3rd. Good bookings already coming in."
• "It [November's rental income] will be over 10k, same with Dec. Also, we should have house back up and running by January 10 at the latest."
• "Not sure if I answered this, but I am fronting the cash to fix and will seek insurance reimbursement. In the end there will actually be some upgrades in the home that this will cover. All 4 back sliders needed to be replaced in the next year, so i will take care of this with insurance funds instead of capital raise. they’ll be much nicer and raise the ascetics, etc. also all furniture and electronics had to be replaced; so all new. I guess teargas can stay in wiring and reignite when wires get hot. Crazy!"
• "Also, home went through thorough tear gas remediation and was inspected by certified hygienist. Just passed last week. Repair and all contents being installed in next two weeks. Contents are all in garage waiting to be installed etc."
• Year-to-Date Profit & Loss Statement
• Analytics YTD 2024
• Reservations (2024-11)
• Reservations, Future as of 12/21/2024
• Dan is available in this property's Discord channel to answer questions from investors.

Property Update (11/19/2024):

• Owners are currently receiving daily rent, based on October's cash flow, through December 14th.
• For October, the net cash flow totaled $2,222.33, reflecting a 69% decrease compared to September’s figure of $7,079.38.
• The total cost of the emergency repair was $4,951.35. Of this amount, $720.42 was reimbursed to Dan through the Operating Reserve. The reimbursement was allocated proportionally based on the ownership percentages relative to Dan's share at the time the repairs were completed.
• Year-to-Date Profit & Loss Statement
• Dan is available in this property's Discord channel to answer questions from investors.

Property Update (11/16/2024):

• The Co-owner, Dan Golden, provided the following update:
• "The cleaning and remediation are almost complete, and we should have the hygienist "sign off" by Tuesday. Once this is complete, we can start repairs, etc. Most of the furnishings and all electronics have to be replaced and we are working on this as well. I anticipate being up and running by the end of Dec, if not sooner. I am working on reimbursement for all losses including revenue loss from the date of the incident. My HO insurance and Airbnb are working on a settlement, but both parties can't make decisions until they have full scope of loss and it's safe to enter the home. I will also be submitting a claim to the US marshals."

Property Update (11/02/2024):

• The Co-owner, Dan Golden, provided an update on the property on 10/28:
• "Update! All Revenue cancelled will be reimbursed by Airbnb relatively quickly, so we continue to receive most of the revenue lost. We are continuing to work on clean up and repair."
• "They are covering Nov cancellations. Work starts later this week on clean up and tear gas remediation; ,then we need to bid out repair and replace of damages. We can’t obtain those bids until it’s safe to enter home. I’d say 3-4 weeks or less after clean up we will be up and running."

Property Update (10/26/2024):

• The Co-owner, Dan Golden, provided an update on the property:
• "I wanted to alert you of an incident that occurred a few days ago. The Hearn Airbnb was surrounded by cops and swat because a wanted felon was held up in the house with a guest. The cops and US Marshalls ended up forcibly entering the home, shooting 34 rounds of tear gas cans, breaking all doors and windows, and ransacking the home and all furnishings. After the incident , Ric had the house boarded up for safety and he is working with contractors to determine cost and eta of repair. We had to cancel 2 reservations (so far) and help "re-home" some guests. Ric is working with vendors to mitigate loss. We don't have specific details on costs, and lost revenue, but Ric and I are working on bids and loss of revenue calculations. Supposedly, between Airbnb, the US marshals, and my homeowners insurance, we should be able to recover most if not all the costs to repair and lost revenue. More to come."
• "So far, we're still vetting remediation companies for the clean-up. Our initial bid (attached) is for over $63,000. This is nuts. I have another outfit providing a quote today and have submitted an initial claim to Airbnb for this portion plus the $4000 Board-Up service we needed. I have attached my Incident Report as well for review. Anything else you want from us in the meantime?"
• "We will start the remediation, cleanup, and repair next week. This could take 3 to 4 weeks to complete (hopefully less). We had to cancel a couple reservations and will likely have to cancel most of the upcoming November bookings.
• "The good news is, between Airbnb insurance, law enforcement claims, and homeowners' insurance, most, if not all of the cost to rehabilitate and lost revenue should be covered."
• Property Manager's Incident Report
• Clean Up Estimate
• Photos of Damage

Property Update (10/19/2024):

• Owners are currently receiving the net cash flow for the month of September on a daily basis until November 13th.
• The net cash flow in September was $7,079.38, an 8% increase over August's net cash flow of $6,548.59.
• The City of Phoenix approved a credit application for the water bill.
• The water expenses for September were reduced down to $238.57.  - The average water bill from January through June was $121.17, prior to the high usage bills. The co-owner, Dan Golden, advised that the water expenses should return to normal moving forward.
• YTD Profit & Loss Statement
• Reservations Transaction History

Property Update (09/16/2024):

• Owners are currently receiving the net cash flow for the month of August on a daily basis until October 15th.
• The net cash flow in August was $6,549.59, a 122% increase over July's net cash flow of $2,948.03.
• The co-owner, Dan, advised that the electricity bill was high in August because it’s the middle of summer and the usage was similar to last summer. The electricity expense should be going down in coming months.
• The water bill shows a higher than normal usage for this month compared with last year's usage. The Property Manager is investigating this to determine if there are any leaks that caused the spike in usage for August.
• YTD Profit & Loss Statement
• Reservations Transaction History

Property Update (08/24/2024):

• Owners are currently receiving the net cash flow for the month of July on a daily basis until September 14th.
• The net cash flow in July was $2,948.03, a 51.99% decrease over June's net cash flow of $6,140.
• The change in cashflow is due to lower occupancy in the higher temperature summer months and an increase in electric and water expenses.
• The increased electric expenses are due to higher demand for Air Conditioning in July and the increased water expenses are due to needing to replace the water in the pool and hot tub.
• The Co-owner, Dan Golden, advised the following:
• "July was lowest revenue of year (as usual in AZ); bookings are already building..Aug/Sept/Oct gross is around $12k each. Nov-Dec look even better ($14k/mo currently plus more weekends that will book). Get in while the share price is low!"
• YTD Profit & Loss Statement