Built for landlords ready to turn their equity into cashflow

You built the portfolio.
Now let it pay you.

Most successful landlords earn 2–3% on the equity they've spent years building, and they're still chasing tenants for it. Property Llama is for the landlords ready to convert that equity into monthly cash flow. Income funds backed by real estate, the same deals you already understand, from a better seat in the capital stack.

Important disclaimers

My equity in real estate

Including paydown and appreciation, what's the equity you've built?

Your equity

$1,150,000
$100K$1M$2M$3M$4M$5M

Where you are now

Directly owned rentals

~2.5% cash on equity

Monthly cash flow $2,083
Annual cash flow $25,000

Where you could be

Income funds backed by real estate

~15% target net return

Monthly cash flow $14,375
Annual cash flow $172,500
Annual cash flow gap

What the same equity could deliver, every year

+$147,500
DELETE YOUR SPREADSHEETS

The only app you'll ever need to manage your real estate portfolio

Property Llama lets you track and benchmark your investments' performance, as well as find ways to optimize your portfolio for better returns. Best of all, it's 100% FREE.

Create your free account

*Now managing $1,836,311,954 (and counting) in total property value

How it works

From spreadsheet to cash flow, in four moves.

Property Llama is the free platform built for the landlord who's already done the building. Here's what it actually does.

Step 01

Add your properties.

Skip the spreadsheets. Pull in your portfolio with address, equity, mortgage, and rent. Takes about 10 minutes.

  • Single-family, multifamily, short-term rentals, all welcome
  • Auto-pulls comps and current market value
  • Edit anytime as the portfolio changes
My portfolio ~2.5% cash on equity
4 properties
2438 Birch St, Denver
Single family · 3/2 · Long-term
$418K
1107 W 11th Ave, Aurora
Single family · 3/2 · Long-term
$262K
5500 Federal Blvd, Westminster
Fourplex · Long-term
$564K
Add your first property
Step 02

Analyze your portfolio.

See what you're actually earning. Cash on equity, monthly cash flow, time invested, where the dollars are really going. No ROE jargon. No 16-tab spreadsheet.

  • Per-property and portfolio-wide metrics
  • Benchmark against market and your own goals
  • The numbers update as your situation changes
Portfolio analysis Live
Total equity
$1.24M
Across 4 properties
Annual cash flow
$28,400
Net of expenses
Cash on equity
2.3%
Below target
Time invested
~12 hr/mo
Repairs & tenants
Cash flow by month, last 6 months
Step 03

Find more cash flow.

Run the keep, refinance, sell, or redeploy math. Side by side. Real numbers. The path from where your equity is to where it could be earning more.

  • High cashflow passive investing
  • See the annual and lifetime impact of every move
  • Stress-test scenarios against rate and market changes
Scenario comparison
Annual cash flow
Hold all rentals
$28K
Refi all rentals
$42K
Sell one rental
$84K
Sell all rentals
$162K

Modeled at current 2025 fund returns. Toggle assumptions in the app.

Step 04

Discover vetted income investments.

Pre-vetted, real-estate-backed income funds, curated by us. We invest our own capital next to yours, so you only see funds we'd own ourselves.

  • Hard money, credit, and diversified income funds
  • Same investments, a better seat in the capital stack
  • One relationship, one K-1, multiple opportunities
Vetted funds Sorted by return
01
Hard Money Fund highest return
12–20%
02
Diversified Income Fund
10–14%
03
Senior Debt Fund
9–11%

Monthly distributions · from $100K · we co-invest in every fund.

Example funds shown — not actual offerings.

Property Llama Capital

Income funds, vetted by us, backed by real estate.

We don't run other people's money from a distance. We invest our own capital alongside yours, and we only put in the work to support funds we'd own ourselves.

Now open
Target return
12–20%+ *
Distributions
Monthly
Minimum
$100K

PLC Fund 3 — Flex

Choose your allocation across 4–5 vetted income strategies per year. Same proven approach that powered our 2025 returns. Diversification without the complexity. One subscription, one K-1, multiple opportunities.

Learn more →
2025 flagship · Closed
2025 avg return
25.13%+ *
Distributions
Monthly
AUM
$31M+

Midwest Hard Money Debt Fund

Private mortgage lending backed by real assets. Short-term bridge loans with conservative loan-to-value ratios. Our bread and butter, and the proof point. Closed to new capital, but the strategy is available through Fund 3 Flex.

View track record →
*depending on opportunity and share class *Depending on share class Past performance is not a guarantee of future results.
Learn more about Property Llama Capital

If you understand real estate, you already understand private lending.

You already understand real estate deals. Real estate lending is the same deals, you're just sitting in a better part of the capital stack. Watch our free Best Ever CRE webinar to see how private lending delivers more predictable outcomes than equity, and how to analyze loan portfolios like the institutions do.

Why we built it

I'm Chris Lopez. I started buying Colorado rentals in 2011 and never stopped. Did a 1031 in 2018 from a single family to a fourplex and watched my cash flow 5x. Built a brokerage team that was doing 20 to 25 investor deals a month at our peak. Co-founded Property Llama originally as a software tool to help other landlords run the same 1031 play I'd just run.

Then 2022 happened. Rates jumped. Deals stopped penciling. The brokerage went from 25 deals a month to maybe a tenth of that. I looked at my own portfolio, real estate I'd spent over a decade building, and saw the truth: I was earning 2 to 3 percent on the equity. The wealth was real. The cash flow wasn't. And I was still the one taking calls about water heaters at 11 PM.

So I started moving money. I'd always been an equity guy. Down payments on rentals, apartment syndications, that's what I knew. Three or four years ago I put my first dollar into a private lending fund. Then more. Today I'm 85 percent equity and 15 percent lending. Over the next few years I'm rebalancing to 50/50. Same real estate I already understand, just from a better seat in the capital stack. Higher cash flow. Lower risk of losing the principal I spent a decade earning.

We built Property Llama into the platform I needed. The free tool surfaces what your equity is actually doing. The funds give you a place to put it. My own money sits in every fund we offer. If you've built the portfolio and you're ready for the cash flow side to catch up, this is the platform I wish I'd had in 2022.

— Chris Lopez Co-founder & CMO, Property Llama · Host, Denver Real Estate Investing Podcast & Passive Pockets

Find out what your equity could actually be earning.

Book a 30-minute call, or upload your portfolio and run the numbers yourself. Either way, no obligation, no hard sell.

For accredited investors. $100K minimum on funds.