Real Estate
Governance & Voting
Investor rights, voting thresholds, and how decisions get funded.
mogul gives fractional owners a direct say in major property matters.
Day-to-day vs. major decisions
- < $1,000 or routine fixes → handled by the licensed property manager.
- > $1,000 spend or strategy shifts (capital improvements, refinance, sale) → owner vote required.
How a vote happens
- Property manager assembles quotes, rationale, and usually two clear options.
- Owners receive an email + dashboard alert with a voting deadline.
- Votes are weighted to ownership percentage in the property LLC.
- Outcome = super-majority threshold set in the operating agreement.
- Non-responses default to the manager-recommended option, keeping projects moving.
Funding approved work
Costs come from the Maintenance Reserve funded at acquisition, so no surprise capital calls.
This structure balances professional efficiency with true investor control.