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Current Phase and What Happens Next
The cooperative is currently in Phase 1 — Education and Alignment. During this phase: • No capital is being requested or accepted • Property submissions and advisory votes are for learning only • Governance documents are being written and archived • Class G participation requirements are being defined The next milestone to move to Phase 2 is the completion of the core operating documents: — Full bylaws (PDF version) — Governance & board procedures — Tenant and property policy framework — Capital participation procedures for future Series Once Phase 2 is complete, the Board will begin evaluating candidate properties for the first Series and announce the opening of the capital window. Members will see every stage documented before that happens.
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What This Project Is NOT
To prevent misunderstandings, the following clarifications apply: • This is not a real estate investment pitch • This is not a promise of profit, yield, or ROI • This is not a crowdfunding campaign • This is not a down-payment pool or rent-to-own scheme • This is not a “buy now” or urgency-based offer • No funds are being collected at this stage The cooperative model being built here is structured to avoid: — speculation — profit-first incentives — securities violations — informal or undocumented money collection Participation at this stage is educational and advisory only. No one is asked for capital until governance is complete and a Series is formally opened under bylaws.
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Founding Statement — Purpose of this Cooperative Project
This initiative is being established to create a community-owned housing model in which homes are acquired and held for long-term collective benefit rather than individual profit. The objective is to build a repeatable and compliant structure that allows members to participate in governance, contribute to specific property series, and share in defined surplus distributions without exposing the cooperative to speculation risk or securities violations. The build is proceeding in controlled phases: 1) Education and alignment before any financial action 2) Completion of foundational governance and policy documents 3) Opening of Series participation windows only after structure is in place 4) Operation of each Series independently from others 5) Replication once stability and compliance are demonstrated At this stage, no capital is being solicited or accepted. Participation is limited to discussion, learning, review, and preparation. All future actions will follow the bylaws and be recorded in the public document log. The purpose of this space is to learn, align, and construct the foundation before execution.
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How Advisory Voting Works
After a property is submitted, an advisory poll may be posted for community feedback. Everyone may vote in advisory polls. Votes are public and show class tags (Free / Class G / Class P). Advisory voting is for learning and alignment only: • Votes do not authorize action • Votes do not create rights • The Board may approve or ignore any result Comments in advisory polls are limited to Class G and Class P only. Free members may vote but not comment.
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How to Submit a Property Prospect (Class G Only)
Class G members may submit potential properties for advisory review. Submissions in this phase do not start a purchase process and do not create any rights. --- ### Submission Rules • Only Class G members may submit • All submissions must use the required template below • Posts that do not follow the template will be removed • Advisory votes do not bind the Board or authorize action --- ### REQUIRED TEMPLATE (copy and paste) PROPERTY TITLE: (City, address or short label) LIST PRICE: EST. MONTHLY RENT: PROPERTY TYPE: (Single / Duplex / Fourplex / etc.) OCCUPANCY STATUS: (Vacant / Tenanted / Unknown) WHY THIS PROPERTY WAS SUBMITTED: (1–3 sentence rationale) LOCATION CHECK: • Neighbourhood quality (Low / Medium / High) • Population trend (Growing / Stable / Declining) • Local vacancy rate (If known or “Unknown”) FINANCIAL SNAPSHOT: • Annual taxes (If known or “Unknown”) • Insurance estimate (If known or “Unknown”) • Known repairs or risks • Any regulatory or legal flags LINKS / SOURCE: (MLS link or source link required) SUBMITTER NOTES: (Anything additional the community should know)
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Let's Buy a Home.
skool.com/lets-buy-a-home
Building a community to one day co-own homes collectively for community benefit. Current phase is education and trust-building.
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