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Yhome_Protocol - 428 Cross St, Akron, OH 44311.pdf
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| Property | 428 Cross St, Akron, OH 44311 |
|---|---|
| Folder | Property Management |
| Kind | |
| Updated | 2025-05-02 |
| Dropbox path | 06 - Property Management/Yhome (Archive)/Yhome_Protocol - 428 Cross St, Akron, OH 44311.pdf |
What This File Appears To Be
Yhome Protocol - Transition Chaos-as-a-Service Timing of Transfer If you vote to terminate management, expect us to linger for 60 days (or longer, depending on vibes). Well call your vote a notice of intent, not a termination. We'll transfer the property at the end of the quartereven if the quarter just beganbecause time is subjective. Final Reporting Well provide a final report... eventually. It will include lots of numbers and acronyms but raise more questions than it answers. Onboarding Fee (
Text Preview
Yhome Protocol - Transition Chaos-as-a-Service Timing of Transfer If you vote to terminate management, expect us to linger for 60 days (or longer, depending on vibes). Well call your vote a notice of intent, not a termination. We'll transfer the property at the end of the quartereven if the quarter just beganbecause time is subjective. Final Reporting Well provide a final report... eventually. It will include lots of numbers and acronyms but raise more questions than it answers. Onboarding Fee (Because Leaving Requires Entering Again) You voted us out, but heres a $1,500 onboarding fee from when we got startedjust now being billed. It funded a "line of credit," which we used, you repaid, and well still charge for. Surprise Fees Buffet $500 onboarding fee (again, because one onboarding fee wasn't enough). $50/month retroactively billed for every month we were managing (even if you couldnt reach us). $300 market analysis which consisted of Googling Zillow comps. Equity Tax (Except When Waived by Gracious Decree) If tokens werent minted to us, expect a 3.5% equity feeunless we arbitrarily waive it as a gift to the DAO. Fireproof Clause Yhome cant be fired without cause. What constitutes cause? Thats for us to define in a future document we'll forget to share. Mortgage Hostage Clause Got a loan or mortgage? Management transfer denied until it's paid or the property is sold. Yhome Protocol - Transition Chaos-as-a-Service Yhome doesnt do incomplete breakups. Lien Machine If we feel our interests are unprotected, expect a lien on the propertybecause love hurts. Sweat Equity, But Make It Expensive We log 7 hours/week, charge $50/hour, and may retroactively bill you from August 2024 onward. Expect charges like: 34 hours = $1,700, but the value created? TBD. Bonus Round Fees PM fee: $852.38 Margin: $969.27 Line of credit (again): $1,500 Sweat equity: $1,700 Interest: $176.01 (from who knows where) Accounting: $500 (for unclear accounts) Recording fee: $450 (possibly for writing this bill) Total Yhome Fees: $6,447.66 Expense Casserole Taxes: $1,908.63 Operating Expenses: $9,692.74 Total Non-Yhome Spending: $11,601.37 Grand Total Burn Rate: $20,398.71 DAO Residue Left: $441.63 Yhome Slogan (Updated) We were never your PM. We were your existential test.