US 11,948,214 B1
Method of creating and managing residential net leases between the owners of the rental properties and the renters of the property
John Hammill, Dallas, TX (US); Kevin Connelly, Dallas, TX (US); and Danilo da Silva, Dallas, TX (US)
Assigned to CAPVIEW PARTNERS, LLC, Dallas, TX (US)
Filed by Capview Partners, LLC, Dallas, TX (US)
Filed on Mar. 23, 2023, as Appl. No. 18/125,439.
Claims priority of provisional application 63/435,473, filed on Dec. 27, 2022.
Int. Cl. G06Q 50/16 (2012.01); G06Q 40/06 (2012.01); G06Q 50/163 (2024.01)
CPC G06Q 50/163 (2013.01) [G06Q 40/06 (2013.01)] 14 Claims
OG exemplary drawing
 
1. A computer-implemented method of automating a residential net lease management tool, comprising:
receiving, over an expense network, market data associated with a specific region sent over a communication network at a net lease management server configured to communicate with at least one third-party application;
initiating, by a net lease module, a reserve module;
generating, by the reserve module, net lease parameters for the specific region based on a calculated profitability evaluation based on the market data received via the expense network, wherein the calculated profitability evaluation determines a threshold margin based on a percentage of an average rental rate and average fixed costs in the specific region;
initiating, by the net lease module, an owner module;
identifying, by the owner module, properties that fall within the net lease parameters generated by the reserve module;
initiating, by the net lease module, a manage module;
determining, by the manage module, fixed costs and variable costs based on data associated with at least one of the identified properties and extracted data points from stored invoice data;
generating, by the reserve module, a set of net lease terms associated with the at least one of the properties identified by the net lease module, based on inputs including the fixed costs and variable costs determined the manage module, wherein weights are assigned to each input;
storing, by the net lease module in a lease database, the net lease terms;
recording, by an accounting module in a reserve database associated with a single reserve fund, a first accounting for a first amount funded by one or more investors that are not the respective owners;
recording, by the accounting module in the reserve database associated with the single reserve fund, a second accounting for a second amount remunerated for fixed costs based on the net lease terms stored at the lease database, wherein the fixed costs include at least one of property management, property taxes, property insurance, or property maintenance;
recording, by the accounting module in the reserve database associated with the single reserve fund, a third accounting for a third amount remunerated to the respective owners for the identified properties and collected from respective tenants per a rent schedule based on the net lease terms stored at the lease database;
recording, by the accounting module in the reserve database associated with the single reserve fund, a fourth accounting for a fourth amount remunerated to the investors based on determined profit margins over term of lease and the net lease terms stored at the lease database; and
sending, based upon the accountings of the reserve database over the communication network, an instruction to trigger a transfer to the single reserve fund.