CIP-41 CIP for a Real Estate Guild from @MaxRealEstate & @DAOvolution - Glass Properties

[MaxRealEstate]

@Da3vid it is a better guild process for this to get a green light vote before we put in the 10 hours or so of work on a budget. To underwrite CityDAO’s needs requires writing a scope of work (takes work to write, and I want to make sure I’m not wasting my time).

Proposed Scope:

• @DAOvolution to be designated Property Manager for Parcel 0 and Community Manager of Parcel 0 DAO (DAO launch terms to be approved by CityDAO vote). A full Parcel 0 / Parcel 0 DAO proposal is forthcoming. Rough rough draft proposal here.
• @Shopo as Junior Manager because he lives even closer?

I’d like to really nail development of Parcel 0 before we do anything on any Parcel 1.

@MaxRealEstate

Another word on real estate acquisitions: at the very least, CityDAO should be choosy about which parcel(s), if any, to buy, after forming a clear acquisition thesis, understanding of zoning classification(s), the permitted use(s), the business model(s), potential capital expenditures, likely operating expenses, and expected net operating income, etc. (not to mention debt service, as applicable). If CityDAO chooses to develop real estate it should do so in the spirit of Tony Goldman.

@scottfits do you believe in Harbinger Taxes? CityDAO shouldn’t squat on a parcel that some other party would pay more for and utilize. Parcel 0 DAO is part of the solution. Let’s get this right first, then barrel onward.

• Fund LandTitleDAO to do eRecorder.Wiki & Earthify.xyz?
  → needs scope of work for eRecorder.Wiki (vision statement here) @Favian this is the DeedsDAO concept. Maybe you’d be down to work on this?
  → here is product specification for an Earthify.xyz MVP, a Data Union, Version 0, for $25K or so

@alexthims

I agree, a separate legal entity for each property is a good idea, we spin one up when we need it, but the real estate guild being a separate LLC is what I don’t understand yet.

Alex, if I am doing business, I want limited liability protection and to observe corporate formalities (and I have advocated CityDAO prioritize the same).