This issue outlines the need for a new Deep package dedicated to efficiently managing real estate investments, including the purchase, ownership, and rental income tracking of properties. This package would serve individuals or groups that aim to collaborate in purchasing new properties using the combined rental income from their current properties.
Goals
To create a comprehensive solution for managing real estate investment collaborations among friends or investors.
To facilitate the tracking and calculation of rental income and expenses to determine investment efficiency.
To streamline the process of purchasing new properties on a regular basis through collective investment efforts.
Features
The package should include the following key features:
Real Estate Object Management: Abilities to create and assign unique identifiers to each property object within the system.
Income Tracking: Functionality to record, track, and calculate the net rental income from each property after deducting taxes, insurance, maintenance costs, and any other relevant expenses.
Investment Collaboration: Tools for managing group investments, where each member's contribution, derived from rental incomes, is accounted for in a collaborative fund used to purchase new properties.
Property Purchase Automation: A feature to automate the process of buying new properties based on the total available funds accumulated from the rental income of each investor.
Expense Management: Capabilities to track all related expenses for each property and for the administrative process of purchasing new property.
Reporting and Analytics: In-depth reporting tools to provide insights into each property's performance, the efficiency of the investment, and the forecasting of future purchases.
Overview
This issue outlines the need for a new Deep package dedicated to efficiently managing real estate investments, including the purchase, ownership, and rental income tracking of properties. This package would serve individuals or groups that aim to collaborate in purchasing new properties using the combined rental income from their current properties.
Goals
Features
The package should include the following key features:
Real Estate Object Management: Abilities to create and assign unique identifiers to each property object within the system.
Income Tracking: Functionality to record, track, and calculate the net rental income from each property after deducting taxes, insurance, maintenance costs, and any other relevant expenses.
Investment Collaboration: Tools for managing group investments, where each member's contribution, derived from rental incomes, is accounted for in a collaborative fund used to purchase new properties.
Property Purchase Automation: A feature to automate the process of buying new properties based on the total available funds accumulated from the rental income of each investor.
Expense Management: Capabilities to track all related expenses for each property and for the administrative process of purchasing new property.
Reporting and Analytics: In-depth reporting tools to provide insights into each property's performance, the efficiency of the investment, and the forecasting of future purchases.
Source: https://discord.com/channels/739430470345031692/1215857904435990528/1215858130299392141