Real Estate Financial Planner™
Model for San Francisco, California
PLEASE NOTE: No need to subscribe to more than one city's podcast... the content is syndicated (largely the same)... except for the very occassional city-specific episode and city-specific resources linked from it.
Baseline Model for San Francisco, California
Baseline Nomad™ - Earning $32,000 per month and buying 10 properties with 5% down payments as quickly as possible using the Nomad™ real estate investing strategy.
Once you achieve financial independence, you stop working your job and live off your investments. See the chart near the bottom to see when this happens for each
Net Worth at 40 Years
The following chart shows the Net Worth for each
Click on the individual comparisons below to see more detailed comparisons.
Nomad™ vs 20% or 25% Down Rentals
Self-Managed vs Professional Property Management
Buying at a Discount or Paying a Premium
In hot seller's real estate markets, you may be asked to pay a premium above current Fair Market Value. In softer buyer's real estate markets, you may be able to more easily buy properties at a discount from the current Fair Market Value.
What difference does that make on your journey toward financial independence?
Does being able to get a 5% discount or 10% discount really have a signficiant impact? What is the cost of paying a 5% premium or 10% premium to get your offer accepted and buy properties in hot markets?Compare Buying at a Discount/Premium
Having a Real Estate License
What if you got your real estate license?Compare Getting a Real Estate License
Better or Worse Rents
What if you were able to get slightly better or slightly worse rents? What impact does that have?Compare Higher or Lower Rents
What if you decide to focus on short-term rentals?Compare as Short-Term Rentals
Mortgage Interest Rate
What if you're able to get a slightly better (or worse) mortgage interest rate?
Getting a .5 lower mortgage interest rate or even a modest .25 lower mortgage interest rate could impact your cash flow and ability to achieve financial independence. Getting a .25 higher mortgage interest rate or a .5 higher mortgage interest rate could slow down your journey to financial independence.Compare as Mortgage Interest Rates
Sell Properties to Achieve Financial Independence
What if... while Nomading™... you have enough equity such that if you sold off all the properties and invested that money in stocks and bonds you'd be able to live at or below your safe withdrawal rate?
Or, what if... while Nomading™... you have enough equity such that if you sold off some of your properties you'd be able to pay off the remaining rental properties and be financially independent?
Selling properties if that means being financially independent or even selling some properties to pay off the remaining rentals could help you achieve financial independence faster.Selling Properties While Nomading™
Month First Achieved Financial Independence
Click through to the individual comparison pages above to see more detailed and less cluttered charts showing how close they were.
Change Any Assumptions
Or, to see a list of all the