rental-timeline-estimator
A website that runs the rental-investor-timeline app
A way to determine if and when your expenses would be covered through rental properties
Will be based on version 1 (this will also replace it when published)
- https://bitbucket.org/kellyvernon/realty-generator-core (a private repo by me).
- version 1 live: http://cubedelement.com/realty/
Note: this above is buggy. I was racing to get the pieces together.
Inspiration
This was originally used as a discussion point between me and my SO. The idea is that we like our jobs, but we also want
a way to ensure that if anything happens to us, we would be able to sustain our income.
For me, I was inspired by a game originally from early 2000’s where you could quickly click on houses and flip them, but
after this idea and speaking with mentors, the idea has become find an optimal way to ramp-up.
☝️Mentors are great! They do a great job at helping you discover how to get to the next point in your life. Also, a
mentor is someone who has done the thing and is either where you’ve been or want to go. AKA, don’t ask a someone how
to become a CEO when that person has never been a CEO. (Hopefully that give you a good idea)
What this does
As mentioned prior, we want to find a way to ramp-up. This library will work through the scenarios of houses and
provide a way to collect them. Once it completes, it’ll provide feedback as to why you passed on a property.
For example, it could be that you didn’t have enough cash. Another is that you may have wanted more cash flow per month.
After you see the trends, and based on the time-line hand at play, you could realize that you might need to expand on
your ideal finds.
The library loop simulates a per-month savings. In there it will take your money saved and determine if you have enough
to acquire more properties. Equally, we run through selling of properties too, because it’s a common practice.
Building
Node version
On linux, mac, etc… do: $ nvm install, referencing this manager: https://github.com/nvm-sh/nvm
on windows: $ nvs install, referencing this manager: https://github.com/jasongin/nvs
Getting the Repo up and running
Install libs
$ npm ci
Run tests
$ npm run tests
☝️This can run using Wallaby.js in automatic config, or you can use the config supplied here
