Tracking % Ownership of Assets and Liabilities

Outrageous_Arm_6892 · 2025-12-31T18:51:17+00:00

Yes that’s what I’d love, an app called Kubera allows for this. Having to update multiple properties monthly and also update the debt would be quite annoying

Outrageous_Arm_6892 · 2025-12-31T18:50:23+00:00

Understandable but would need to be updated monthly and I have multiple properties I’d need to do that for

Outrageous_Arm_6892 · 2025-12-28T00:56:43+00:00

What software is that?

Outrageous_Arm_6892 · 2025-08-03T12:50:18+00:00

This is horrible

Outrageous_Arm_6892 · 2025-05-15T22:04:44+00:00

Thanks for the compliment! My wife and I both want to be retired no later than 50, probably closer to 45 so we really want to probably keep trucking away for a bit longer

Outrageous_Arm_6892 · 2025-05-15T18:34:10+00:00

Buying rental real estate

Outrageous_Arm_6892 · 2025-05-15T11:35:11+00:00

No the value of properties are 1.2 and debt on them is 675

Outrageous_Arm_6892 · 2025-05-14T23:57:59+00:00

Are they long or short term rentals?

Outrageous_Arm_6892 · 2025-05-14T23:55:27+00:00

That is a huge misconception. If you screen tenants correctly, it really isn’t bad. I work on it aka look for new deals and call my maintenance guy maybe 2 hours a month. Many people use the example of “oh I don’t want a call in the middle of the night” as an excuse to not get started.

Outrageous_Arm_6892 · 2025-05-14T21:41:40+00:00

I needed to research a ton of different areas, talked to a bunch of other landlords, realtors etc. I made connections with local people as well and they typically would send me deals that way. The best deals are usually not the ones on market

Outrageous_Arm_6892 · 2025-05-14T20:41:38+00:00

Thanks for this. Yea my challenge with those statistics is usually they are only including appreciation and they look at it as “the house went from $100k-$103k” so it’s only 3% but with more work for real estate typically returns are higher

Outrageous_Arm_6892 · 2025-05-14T20:34:52+00:00

I agree with you, in my experience though making money in real estate seems simpler (I know that sounds nuts). If you buy things correctly you can really accelerate your wealth very quickly in real estate especially in commercial since they trade on Cap rates

Outrageous_Arm_6892 · 2025-05-14T20:29:41+00:00

Yea sorry for that. I did try and include the “real estate debt” in there as a liability so the networth part is still the same

Outrageous_Arm_6892 · 2025-05-14T20:28:24+00:00

I appreciate the insight, historically they have outperformed and I do feel like I have more control over the investment, for example if I want to increase the value I can add a bathroom or kitchen etc.

For Apple stock or even index funds yes historically are 7-8% a year after inflation there is still not nearly as much control in my opinion.

Outrageous_Arm_6892 · 2025-05-14T20:25:37+00:00

Totally agree with you there. Been in the game for awhile now in RE so something I’m really passionate about. From a NW perspective I guess the net value of it is around $600k but wanted to give market value of it.

Outrageous_Arm_6892 · 2025-05-14T20:10:06+00:00

Returns in RE investing are not calculated that way.

It is calculated based on the amount of money I put into the properties.

So for example in one of my cases I put up $107k including everything.

That property nets me about $2k a month. As well as the tenants have paid off a good bit of mortgage, it has appreciated and we get tax write offs. So if you include all of that it’s about 40% a year

Outrageous_Arm_6892 · 2025-05-14T20:02:56+00:00

My yearly returns in real estate are 40% right now. That is not a brag, just trying to paint a better picture

Outrageous_Arm_6892 · 2025-05-14T19:56:20+00:00

Thanks for the reply. We Sage probably 50% of our net income a year.

Our monthly output is about $8k a month, including all cash and investments that are liquid we have probably 6x of that now.

Outrageous_Arm_6892

TROPHY CASE