Therenthacker

The product is a weekly research newsletter that scans Bay Area multi-unit and room-rental-viable listings and models whether each builds more wealth over 10 years than investing the same down payment in the S&P 500. It solves the problem of identifying rental investments that beat the index after accounting for vacancy, CapEx, management, taxes, depreciation and mortgage interest. It sells to individual investors and prospective owner-occupants with capital in index funds or savings who are shopping for house-hacks in the Bay Area. It is delivered as a weekly email per selected region via MailerLite, with a free redacted edition and a paid full report that reveals addresses and sensitivity tables.

Key features

• Weekly scan of Bay Area multi-unit listings
• Cautious rents from clickable comps
• Model charges for vacancy and CapEx
• Includes property manager and taxes
• Benchmarks same down payment vs S&P 500
• Credits depreciation and mortgage interest
• Reports wealth margin in dollars
• Ranks top 5 by 10-year wealth margin
• Sensitivity tables for rent scenarios
• Disclosure block for unmodeled items