Tommy Dobczyk offers small business tenants a $100,000 loan converted to equity instead of debt. Rather than monthly repayment, tenants give him equity and pay quarterly based on rent revenue. Office space runs $800 to $1,500 extra per month.
The other part is that we can add, we can add a 20-foot by 20-foot office or a 40-foot office for $800 or $1,500 a month extra.
So I have a question. I am just asking because what you said was really cool about them going and getting a loan, right? Do they know that? Do the people, is that general knowledge is what I'm asking you, I guess. Or do you have to, do you have to school them on that?
Sometimes it's an educational moment where we're like, let me introduce you to a broker and I let a broker do it. So guy with a, guy with a, let's see, I'm also in a position where I I can take equity in companies too. So I might wrap up his entire thing into a $100,000 loan that I give him. And then he's just giving me equity instead of, instead of a loan. Right. And then I'm getting, I'm getting a quarterly paycheck based on his compounding of the rent that I just kept for taking care for.