MS. GEUEA JONES: Go ahead.
MR. HAKE: Well, thank you. I'd like to address why my application was late so you
can't get me for it, first of all. My application was late because I wasn't going to submit it
in the first place. I was going to take myself out of the short-term rental game. But then
after talking to these kind people over here, they actually didn't encourage me, but they
gave me motivation to do it. I've been renting in Columbia since 19-- I moved here in '89,
went to school, and a college professor talked me into getting into real estate, so that's
what I did. And I own properties throughout Columbia. This is the only short-term rental I
do. I do them at the Lake of the Ozarks, and this lady did a very good job of talking
about the short-term rental game and business. It's very personal. For me, I have at my
lake -- Lake of the Ozarks, my lake house, I have a short-term rental on either side of me,
and it's very fun to get to know the people and all that good stuff. It's a little different up
here for me. I'm in a -- she's almost -- it's easy to visualize bed and breakfast, you know.
It's that kind of cool vibe and that's what she's after. I'm not after that. I'm -- I -- this
rental here is for the people that you could imagine the -- every football weekend is rented
by the parents coming up to be with their kids, graduation weekends and all those.
Those are the obvious ones. The ones that might not be so obvious to you are the
construction workers that come into town, the Brightspeeds needed a place to stay for
four employees and they're here a couple of months, and they don't want to stay in a
hotel, so they look for housing outside that. Brightspeed and there's a couple -- FedEx,
when FedEx lost the contract here in town, and their employees, they were contracted
out from people throughout the state to cover FedEx, to deliver everybody's products
here, it was from contracted employees. So companies that need places for their
employees to stay, rather than the employees staying in a hotel, they like to look for
places where they're out of the hotel scene, saves them a lot of money, too. All the
people that come to the events, you get them out of the hotel. Over in this neighborhood
where we are, they're close to Benton-Stephens, or close to Stephens Park. They get to
see the community if they're off the I-70 corridor and the hotels. And I don't even know
the new popular scene right two blocks away from me where all the people hang out -- all
the cool people. I've never been there, but -- so it's just a way to -- that's -- that's who our
clientele is. The four-bedroom, we average -- we average the number of guests is five. If
we look at everybody over time, it would be about five. I am the owner. I am actively
involved. That's -- I've been doing this for a long time, so I have a manager, but I'm -- I'm
the guy -- I'm the guy here. I'm the guy that screened tenants today. We're still very
actively involved in our operation. I actually built this building on this property, like, ten or
twelve years ago, and the lady that lived in the green house right next to me, I don't know
the current occupant, but Pat -- I was a respiratory therapist in town, and I used to deliver
home oxygen to her back when I was a respiratory therapist. So we -- and on the other